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03-07 "Five Kinds of Capital: Useful Concepts for Sustainable Development"

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Neva R. Goodwin

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Abstract

The concept of capital has a number of different meanings. It is useful to differentiate between five kinds of capital: financial, natural, produced, human, and social. All are stocks that have the capacity to produce flows of economically desirable outputs. The maintenance of all five kinds of capital is essential for the sustainability of economic development.

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File URL: http://www.ase.tufts.edu/gdae/publications/working_papers/03-07sustainabledevelopment.PDF
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Paper provided by GDAE, Tufts University in its series GDAE Working Papers with number 03-07.

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Handle: RePEc:dae:daepap:03-07

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This page was last updated on 2009-11-1.

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