ARTICLE Sustainable Community Development and Ecological Economics: Theoretical Convergence and Practical Implications

ABSTRACT This paper examines the relationships between community development, sustainable development and economics. In particular the convergence of thought in the realms of strong sustainability and ecological economics are shown to be consistent with the goals of sustainable community development (SCD). It is argued that in order to truly and effectively practice SCD, an economics of sustainability, best represented by ecological economics, should be incorporated into all facets of SCD work. It is suggested that the application of neoclassical or environmental economics is likely to limit the effectiveness of SCD work. Five practical implications of the necessary relationship between SCD and ecological economics are presented, suggesting that SCD practitioners must: (1) seek interdisciplinarity, (2) understand and endorse limits to growth, (3) adopt and endorse alternative measures of success, (4) seek the economic valuation of natural and social capital and (5) ensure the inclusion of equity in discussions of sustainability. Finally, a practical example of those implications is offered by way of a community economic workbook application