forestry asset Articles
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The Sustainable Net Domestic Product of Cambodia, 1988?2004
In the tradition of Hicks (1946), Gross Domestic Product (GDP) is an inadequate measure of national income insofar as it includes, as current income, the depletion of income-generating capital. Using an alternative measure of Hicksian national income called Sustainable Net Domestic Product (SNDP) (Daly, 1996), it is shown that, for the period 1988?2004, Cambodia's SNDP was lower than its GDP. ...
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Forestry as a sustainable asset class for turbulent times?
There is good reason to anticipate increased demand for sustainable and responsible investments from both retail and large institutional investors. Increasing interest in forestry may come from both a financial and general sustainability standpoint, and from a carbon perspective, because trees are a critical part of any successful climate change strategy. We develop the true sustainable financial ...
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