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Neoclassical Economics and
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Sustainability
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“Neoclassic economic
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growth
theory embraces as
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a
general principle the
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notion
that long-term per
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capita
income growth rate
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is
independent of
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population
growth rate.
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Thus,
a rapidly growing
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population
should not
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necessarily
slow down a
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countries’
economic
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development.”
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“Growth,” not sustainability,
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is
the imperative.
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