The Political Economy of Sustainable Development, 1st ed. 2015 Valuation, Distribution, Governance

The author shows how sustainable development may be organized, valued and distributed by introducing situational contracting as an interactive and contextual mode of governance. Situational contracting provides a road map for where we want to go, serving the prevailing ideology in implementing the trade between efficiency and fairness.

1. Introduction
1.1. About this book
1.2. Economic analysis and environmental policy: scope and limits
1.3. Cost-benefit analysis: a preview
1.4. Valuation, distribution and legitimacy
1.5. Short cuts: cost-effectiveness, standards, multi-criteria and workable competition
1.6. Global economic development and ecological constraints
2. Valuation
2.1. The ' 'Coase-solution ' ' and emissions trading
2.2. Hedonic pricing, travel cost method and averting behaviour
2.3. Stated preferences: contingent valuation and choice experiments
2.4. Co- valuation and externalities in production functions
2.5. Persuasion
2.6. Fiscal instruments for managing preference
2.7. Innovation as externality on the supply side
2.8. Shadow prices or regulation?
2.9. Combining results, and sensitivity analysis
3. Distribution
3.1. Optimal allocation and fairness in distribution
3.2. Fiscal solutions
3.3. Distributional weights
3.4. Visions of justice
4. Governance
4.1. Cost-benefit analysis revisited
4.2. Interactive governance and information management
4.3. Situational contracting: implementation and empirical evidence
4.4. Situational solutions in the valuation and distribution of environmental policy
4.5. Summary and conclusions