The Study Of Genuine Saving Measure Theory And Methods

Since its birth, the concept of sustainable development has lead to many questions, debates and constant corrections. At present, the only consensus view is that:for the common interests of all mankind, we must strive to achieve sustainable development. To achieve this goal, the first and foremost job is to measure the Sustainable Development scientifically, comprehensively and objectively. Many researchers of different countries propose some measurement methods from angles of theory or practice, such as green GDP and the ecological footprint. The method of genuine saving developed by the World Bank connect the nation wealth and sustainable development, and believes that Wealth, welfare and sustainable development are closely linked, reminding the public and policy makers aware of the importance of resources, environment and other natural welfare factors and the education. After systematic research about this method, the author find that although the theoretical bases as well as measurement techniques of the real savings measure have a variety of defects, but that does not hinder sustainable development provides us with the appropriate information as a reasonable measure method. In the process of criticism and research about genuine saving, we have much deeper understanding about sustainable development and sustainable development measure. Therefore, we prefer this dissertation as a wedge and a starting point, although this dissertation’s research topics are the measure theory and methods of genuine saving, the real object of this dissertation is the core issue of the path of sustainable development and sustainable development measure, which have much more reference value about the research of China’s sustainable development.The dissertation makes a systematic study of the theory and methods of genuine saving measure, which can be divided into seven chapters as follows:Chapter1mainly introduces the background, importance and the review of home and abroad about this dissertation.Chapters2and3can be regarded as the introduction of the theory of genuine saving. These two parts are the precondition and foundation of genuine savings. The chapter2is the interpretation of the basic concepts and theories of sustainable development. This chapter mainly introduces the basic concepts of sustainable development, and clarify how economists think about sustainability issues, especially how economists build models to explore the conditions of sustainability, whether the evaluation of economic activities meet persistent goal, and put forward policy recommendations for sustainable development, and will also discuss the thinking of ecologists on sustainability.Chapter3will introduce and analysis the theories, methods, and the latest research of nationwealth accounting. Contemporary economists believe that the wealth, welfare and sustainable development are closely linked. The current stock of nationwealth is considered to be the present value of future consumption, and also the basis for achieving social welfare. As a result, sustainable development is a process to create, maintain, and manage wealth. Nationwealth accounting and genuine saving measure can assess the wealth of stock and flow, respectively, and judge the ability of a country’s sustainable development.Chapter4to Chapter6are the core parts of this dissertation, we will research the genuine saving indicators systematically following the path of the "theory research-methods research-Empirical research".Chapter4is a speculative theory of genuine saving. The genuine saving can be regarded as a specific application of neo-classical economics, is a result of exploring the sustainable development path after comprehensive thinking about the markets, resources, social welfare of neo-classical economists. The three laws of economics of neo-classical economics-the Hotelling rule, the Solow-Hartwick model and weak sustainable development paradigm, support the genuine saving theory as the three pillars. But one who has a common sense of economics should be clear that every kind of economic model built on the basis of rigorous empirical assumptions, and all the economic model are the simplification of complex reality. In this chapter, we will have theoretical speculation of the three economic models of genuine saving theory, the analysis through which will allow us have a more comprehensive and objective understanding of the basis of genuine saving measure and some congenital defects brought about by some "hypothesis"The chapter5is the research of the methods of genuine saving. The measure is very important, it relates whether we can measure sustainable development from wealth. In instinct, the genuine saving method is a deformation of green GDP, the most important work is the monetary assessment of the loss of resource depletion and environmental pollution on the basis of the existing GDP, which is also the biggest difficulty about the genuine saving. Therefore, when we give economic interpretation and policy guidance on the final outcome, we must be noted the reality difficulty of that these two aspects’assessment and inherent defects of the genuine saving measure theory. The above issue will be described using China’s "genuine saving" in this chapter.The chapter6uses the research results in the previously, evaluate the capacity for sustainable development in Liaoning Province2000-2009by the genuine saving method. In the analysis of final result, much more attention has been paid to the he combination of the reality and characteristics of the link between economic and resource environment presented in the calculation process. We will make further analysis of the various components of the genuine saving, to find the specific reasons for the growth of wealth. The more important is what the growth of wealth has brought us, more social welfare or environmental pollution.Chapter7briefly summarizes the whole dissertation and puts forward the prospects for the future research.