economy

As many as ten million people die as a result of the severe famine.

Former World Bank Chief Economist Nicholas Stern predicts the rapid growth of the costs of measures to combat climate change.

The European Union adopts a model linking sustainability with ecological, economic, and social issues.

Economist and Nobel Prize winner Robert Solow argues for substitutability of resources.

The Bangladeshi economist Muhammad Yunus founds the Grameen Bank as a new model for addressing local poverty by providing microloans.

Commissioned by the Club of Rome and published in 1972, the report warned that unchanged population growth and resource consumption would dramatically worsen the conditions for humanity in the near future.

Egon Glesinger publishes his study on the global importance of wood as a raw material.

The act is an important and controversial parliamentary decision regulating access to New Zealand’s natural resources.