Taking Nature Into Account

1 Introduction.- I Economic Growth and Western Society.- 2 The History and Roots of Growth.- 3 Economic Growth and and Gross National Product.- II Paradoxes of Growth.- 4 State of the Environment.- 5 Failures of the System of National Accounts.- III Sustainable Development.- 6 From Growth to Sustainability.- 7 The Concept of Sustainability.- 8 Vision of the South.- 9 Indicators for Measuring Welfare.- 10 The Role of Social Indicators.- IV Environmental Adjustment of the System of National Accounts.- 11 Defensive Expenditures.- 12 Depletion of Natural Resources.- 13 Estimating Sustainable National Income.- 14 Environmental Accounting and the System of National Accounts.- V Taking Nature into Account: Conclusions and Recommendations.- 1. Introduction.- 2. Steering By the Right Compass.- 3. SNA 1993 Revision and the UN Handbook on Integrated Environmental and Economic Accounting.- 4. Adjustment of GDP: Different Objectives.- 5. The Current SNA: A Narrow Economic Point of View.- 6. Cost Accounting from a Comprehensive Economic- Point of View.- 7. Cost Accounting from a Responsibility Point of View.- 8. Resistance to and Solutions for Change.- 9. Strengthening International Coordination.- 10. Summary of Conclusions and Recommendations.- References.