Page 11 - Discussion Paper: Sustainability Dynamics of Resource Use and Economic Growth
P. 11
Discussion Paper
Figure 10: Combined Scenarios
Source: TERI Research
very much remains the same, i.e. fall in resource stock and Conclusion
overshoot and decline of economy. This shows that resource
expansion into newer portfolio of options also fails to avoid Our model is successful in testing the impact policy choices have
overshoot. This would be applicable to a scenario even where on the resources and economy. It also proves our postulates
resource base increases beyond twice its initial value till it has a correct. The four stages of growth and collapse hold true even
carrying capacity. under conditions of improved efficiency, green growth and
expanded resource base due to technology advancements.
AUGUST 2015 11
Figure 10: Combined Scenarios
Source: TERI Research
very much remains the same, i.e. fall in resource stock and Conclusion
overshoot and decline of economy. This shows that resource
expansion into newer portfolio of options also fails to avoid Our model is successful in testing the impact policy choices have
overshoot. This would be applicable to a scenario even where on the resources and economy. It also proves our postulates
resource base increases beyond twice its initial value till it has a correct. The four stages of growth and collapse hold true even
carrying capacity. under conditions of improved efficiency, green growth and
expanded resource base due to technology advancements.
AUGUST 2015 11
