Capital structures matrix: A model for public access to project interpretation

Alexandria M. Wright, Ronald J Gunderson

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

A growing demand for transparency and accountability in local decision-making has grown substantially in recent years due to an increasing awareness of finite natural resources. Sustainable development captures the interrelatedness of the economy, the environment and social expectations. In addition, transparency in the decision-making process provides the public a method of accountability for public funds. The Capital Structures Model developed in this paper addresses the demand for accountability by focusing on local development projects classified by type of capital (built, human, social and natural) in order to provide information to the average constituent regarding specific county and community development projects. Local assets are initially categorized according to the type of capital to which they most contribute, and then indicators are employed to measure the contribution of a project with respect to increasing the capacity of each type of capital. These indicators are then cross-referenced with local policy to demonstrate how that policy is implemented in local development projects, and which policies contribute to which type of capital. It is the intention of this model to create an informative tool for planners and constituencies that monitors how development projects contribute to communities in terms of each of the four types of capital.

Original languageEnglish (US)
Pages (from-to)316-327
Number of pages12
JournalInternational Journal of Sustainable Development and World Ecology
Volume18
Issue number4
DOIs
StatePublished - Aug 2011

Fingerprint

public access
open channel
development project
interpretation
matrix
accountability
responsibility
transparency
decision making
demand
community development
decision-making process
human capital
natural resources
assets
sustainable development
project
natural resource
economy
community

Keywords

  • capital structures
  • economic development
  • economic indicators
  • sustainability

ASJC Scopus subject areas

  • Management, Monitoring, Policy and Law
  • Geography, Planning and Development

Cite this

Capital structures matrix : A model for public access to project interpretation. / Wright, Alexandria M.; Gunderson, Ronald J.

In: International Journal of Sustainable Development and World Ecology, Vol. 18, No. 4, 08.2011, p. 316-327.

Research output: Contribution to journalArticle

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