Sustainable Development, Economic Growth and Environmental Regulation

Author(s):  
Klaus Mathis
2020 ◽  
Vol 12 (1) ◽  
Author(s):  
Jelena Ignjatovic

The Sustainable Development Strategy implies a targeted long-term process that affects economic, social, environmental and institutional aspects of life. The goal is to meet the social and economic interests of citizens, reduce poverty, reduce unemployment and gender inequalities and reduce negative impacts on natural resources and the environment, resulting in long-term economic growth with economic efficiency, technology and innovation. Accordingly, in 2015, the United Nations adopted Resolution A / RES / 70/1 - Transforming our world: the 2030 Agenda for Sustainable Development, based on three dimensions of sustainable development: economic growth, social inclusion and environmental protection. At the end of the 20th century, parallel with the theory of development, which turned into the concept of sustainable development, there was globalization that integrated the entire world regions in order to gain as strong economic and financial positions as possible on the world stage. Today, Serbia is not in a position to choose whether to engage in modern globalization processes, but it must continue the initiated transitional reforms and accession to the European Union, regardless of the economic, political or environmental consequences. By implementing national policies, Serbia should aim at national and economic sovereignty, which will further influence sustainable development. Only by changing the current economic policy, by creating a national strategy based on the exploitation of domestic economic and industrial potentials, by reducing unemployment, social responsibility and individual freedom, economic growth and sustainable development can be achieved. This work, besides the introduction, consists of materials based on the presentation of the sustainable development strategy of the Republic of Serbia and also presents the results and discussion that draft the current situation with possible solutions to achieve sustainable development in the future. Finally, the final ratifications are provided.      


Author(s):  
Utkarsh Patel ◽  
Satarupa Rakshit ◽  
S. Ashwin Ram ◽  
Zareena Begum Irfan

Around the world, sustainable development has become a top policy discussion as countries struggle to maintain or enhance economic growth without compromising the future. Nowhere is the issue more pressing than in India, where urban areas and their economies are expected to grow rapidly over the next few decades and where resource use and environmental quality are already raising grave concerns. Sustainable development, economic growth that improves the lives of the people without exhausting the environment or other resources, is especially critical in developing countries, where mass urbanization is taking place at a time when man’s impact on the environment has reached a critical juncture. The study investigates if the present pattern of urban development in India in the creation of mega cities is sustainable. The indicators represent a primary tool to provide guidance for policy makers and to potentially assist in decision-making and monitoring local strategies/plans. The outcome of the study will contribute to the design of policies, tools, and approaches essential for planning to attain the goal of sustainable development and the social cohesion of metropolitan regions.


2020 ◽  
Vol 1 ◽  
pp. 45-48
Author(s):  
Olga Efimova ◽  
Elena Makeeva ◽  
Elizaveta Dmitrieva

The world economy as an integrated system has limited growth limits, natural resources are limited, so a new concept of sustainable economic development has emerged, based on a balance of the economy, social goals and ecology. Sustainable development is the development of the country's economy and the global system in which current needs are met without compromising future opportunities. The rapid development of transport infrastructure creates the prerequisites for the sustainable development of centers of macro and microeconomic growth and helps to reveal their potential in the future. The article considers the role of transport as an additional priority for sustainable development at the macro level and the types / functions of connectivity of economic growth centers in the sectoral and regional aspects. In turn, the concept of sustainable development of the transport system involves taking into account the features of the transport system as an object of increased danger and a high degree of influence on the main priorities of sustainable development (economic growth, social system and ecology) of the macroeconomics. It was noted that, on the one hand, the transport system, being part of the country's macroeconomic system, affects the priorities of its sustainable development, and on the other hand, has independent priorities for sustainable development in the field of economic growth and efficiency, social potential and environmental aspects, including issues of ensuring security.


Author(s):  
Gabriel de Oliveira ◽  
Nathaniel A. Brunsell ◽  
Yosio E. Shimabukuro ◽  
Carlos A.C. dos Santos

2020 ◽  
Vol 25 (2) ◽  
pp. 56-81
Author(s):  
Lyudmyla Gorbunova

Education for Sustainable Development (ESD) is at the heart of the 2030 Agenda for Sustainable Development and has been widely recognized as a key factor and an integral element of quality education. It is part of Goal 4 and permeates all other goals of sustainable development. The problem is that the Ukrainian experience of remote observation of the global process of sustainable development and the formation and implementation of Education for Sustainable Development shows that we are on the margins of these events. We need to understand the global context of our stay in the world in order to change our position and our role in the fateful events and movements of the century at their deepest level of cause. Emphasis is placed on the fact that the theory of sustainable development is an alternative to the paradigm of economic growth, which ignores the environmental danger of development on an extensive model. The three components of sustainable development - economic, social, environmental - appear as aspects of a single, holistic process of social development. But despite all the declarations to achieve a balance between economic growth, social community development and the environment a quarter of a century after the Rio Conference (1992), this has not happened. Sustainable development requires a change of outlook. That is why issues related to the transformation of our way of thinking, changes in the value-semantic paradigm of life of national societies as part of global humanity are on the agenda. Education can play a significant role in this complex matter, and it must itself change into a new way of becoming a person adapted to living in a world of instability, uncertainty, complexity and contingency. The purpose of the paper is to justify the implementation of Education for Sustainable Development (ESD) in Ukrainian education as the agenda for its reform based on documents from the UN, UNESCO, OECD and the like. The content of the concept of Education for sustainable development and its evolution, the trends in the integration of education in sustainable development and the role of education in achieving sustainable development goals are analyzed.


2020 ◽  
Vol 8 (5) ◽  
pp. 01-11
Author(s):  
Nadezhda Semenova ◽  
Olga Eremina ◽  
Marina Skvortsova

Purpose of the study: The purpose of the study is to assess the current state of green financing in the Russian Federation and the extent of its impact on economic growth in the country. Methodology: The main research methods utilized were the regression and cluster analysis and principal component analysis (PCA). Cluster analysis implies dividing the set of studied objects and features into groups or clusters that are homogeneous in some way. We used it to determine regional differentiation of subjects from the Russian Federation according to the level of green financing. The clustering of subjects was performed using the ward method. This method is aimed at combining closely located clusters. Regression analysis was used to build an econometric model for assessing the degree of influence of green Finance on economic growth. Main Findings: The authors proved that stimulating green financing in Russia requires the following: creating a regulatory framework and roadmap for the development of green financing, active state participation in financing green projects, creating a “green bond market,” and a specialized banking institution. Application of the study: In this article, the authors assessed the impact of green financing on Russia’s economic growth. As part of the study, the authors analyzed the dynamics of green financing in the Russian Federation from 2000–2018, developed an integrated indicator for sustainable economic growth based on three components of sustainable development (economic, social, and environmental), and estimated the impact of environmental investments on the integral indicator of sustainable economic growth. Novelty/Originality of the study: The proposed methodology for calculating the integrated indicator of sustainable economic development allowed us to assess sustainable development, taking into account economic, social, and environmental indicators. Such an approach has several advantages over the current methods: it is universal, indicators are available, and calculations are clear.


2019 ◽  
Vol 34 (5) ◽  
pp. 1253-1258
Author(s):  
Iva Bichurova ◽  
Petia Yordanova-Dinova

The paper outlines the leading theories and concepts in categorizing the concept of green economy. The idea of an environmental friendliness, competitive, green economy is interpreted as contributing to sustainable development and effectively use of resources. Green economy helps solving problems of the slowdown in economic growth and job losses, as well as the continued deterioration of environmental quality and ecosystem degradation. All this defines the green economy as an approach to achieving sustainable development. Economic growth measured by the size of the gross national / social product cannot continue to be used without the appearance of environmental problems. he green economy has become one of the pillars of major international and European strategies and is being considered as an approach leading to a structural transformation of the economy.The results of the Green Economy research distinguishnine strategic areas: sustainable consumption and production through responsible consumers and producers; knowledge society through information development and training; government to help adapting to new business realities; climate change and energy; sustainable transport and mobility; conservation and sustainable management of biodiversity and natural resources; public health and risk prevention with an emphasis on environmental quality; demography and migration and social inclusion; challenges in the field of sustainable development; global poverty reduction.The theme of green economy is more and more relevant for Bulgaria, it is constantly being discussed and there is an increasing awareness of the importance of this transition to a green economy, which is associated with the high price that a society has to pay. But this is the only way our generationto take care of the coming generations and thus conserve the planet's resources.


2021 ◽  
Vol 11 (2) ◽  
pp. 154
Author(s):  
Hayu Wuranti

Inclusive growth is one of the visions of sustainable development.  Economic growth of a region is said to be inclusive if it is able to reduce poverty, reduce inequality and absorb more labour. Central Java is one of the regions with fairly high economic growth but has various social problems. Therefore, this study wants to see the inclusiveness of economic growth in the North and South Central Java region. The research is based on data from 35 districts in Central Java, which adopts the concept formulated by Klasen (2010) regarding the Poverty-Equivalent Growth Rate (PEGR). The research shows that during the 2018-2020 period, Central Java had not consistently has inclusive growth. Meanwhile, inclusive growth for the three indicators in 2018 mostly occurred in the northern part of Central Java  but was more and more balanced.


Author(s):  
Elsadig Musa Ahmed

PurposeThis study aims to explain the integration of innovation and climate with the economic growth Green Productivity (GP) concept. This is drawn from the integration of two important developmental strategies: productivity improvement and environmental protection. Productivity provides the framework for continuous improvement, while environmental protection provides the foundation for sustainable development. Therefore, GP is a strategy for enhancing productivity and environmental performance for overall socio-economic development.Design/methodology/approachThree variations of frameworks and econometric model were developed to measure green total factor productivity, green labour productivity and green capital productivity, and their contributions to green productivity and sustainable development; these were based on extensive and intensive growth theories.FindingsThe sustainability of higher economic growth will likely continue to be productivity driven. This will be through the enhancement of total factor productivity (TFP) as technological progress in nations that combined the three dimensions of sustainable development (economic development, environmental protection and social sustainable development via human capital development). Such an enhancement needs to emphasise the quality of the workforce, demand intensity, economic restructuring, capital structure, technical progress and environmental standards. It should be recalled that green productivity through green TFP demonstrates the sustainable development concept of progressing technologically. It will ensure the rights of the future, as well as current, generations for them to enjoy a better life.Originality/valueThe study fills the gaps in growth theories by developing three variations of frameworks and econometric models, and internalising pollutants emissions as private and unpriced inputs in the three models. Further, the green capital productivity model is the sole contributing model developed in this research; it has not been thought about in any previous studies. This study highlighted the green productivity that is ignored by the studies that have been awarded the Nobel Prize in economic sciences in 2018.


Sign in / Sign up

Export Citation Format

Share Document