Authors: Soumyananda Dinda
Addresses: Department of Economics, Golapbag Campus, University of Burdwan, Burdwan, West Bengal, India
Abstract: This paper proposes a new development strategy of inclusive green growth which could lead to sustainable development. Following a theoretical basis for a green growth model, this paper provides the empirical supports for this model. The paper suggests policy inputs regarding the regeneration of natural resource capital and its preservation in terms of watershed development, flood control, forestation and the development of ecosystem services etc. Policy makers may be advised to focus more on regeneration and the preservation of natural resource capital for sustaining livelihoods in the economy.
Keywords: green growth; flood control; watershed development; natural resource capital; inclusive growth; sustainable development; sustainability; natural resources; India; sustainable livelihoods; forestation; ecosystem services; resource regeneration; environmental resources; resource preservation; environmental regeneration; environmental preservation; environmental protection.
International Journal of Green Economics, 2016 Vol.10 No.1, pp.1 - 14
Received: 10 Oct 2015
Accepted: 31 Dec 2015
Published online: 12 Oct 2016 *