scholarly journals Reassessing Ireland’s economic development through the lens of sustainable development

Author(s):  
Luke Mcgrath ◽  
Stephen Hynes ◽  
John Mchale

Abstract After a century of Irish independence, this study constructs long run Genuine Savings estimates, a leading economic indicator of sustainable development, to reassess Irish economic history from the vantage of sustainable development. The main difference uncovered surrounds the post-1950 period where Ireland failed to achieve economic convergence and was considered an economic failure in growth terms. From a sustainability perspective, Ireland may have been an overachiever during a “great transition” of sustainable development driven by improved institutions and policies. The findings show the value of the sustainable development perspective in shedding new light on a country’s development experience.

2018 ◽  
Vol 10 (10) ◽  
pp. 3740 ◽  
Author(s):  
Silvia Bonilla ◽  
Helton Silva ◽  
Marcia Terra da Silva ◽  
Rodrigo Franco Gonçalves ◽  
José Sacomano

The new evolution of the production and industrial process called Industry 4.0, and its related technologies such as the Internet of Things, big data analytics, and cyber–physical systems, among others, still have an unknown potential impact on sustainability and the environment. In this paper, we conduct a literature-based analysis to discuss the sustainability impact and challenges of Industry 4.0 from four different scenarios: deployment, operation and technologies, integration and compliance with the sustainable development goals, and long-run scenarios. From these scenarios, our analysis resulted in positive or negative impacts related to the basic production inputs and outputs flows: raw material, energy and information consumption and product and waste disposal. As the main results, we identified both positive and negative expected impacts, with some predominance of positives that can be considered positive secondary effects derived from Industry 4.0 activities. However, only through integrating Industry 4.0 with the sustainable development goals in an eco-innovation platform, can it really ensure environmental performance. It is expected that this work can contribute to helping stakeholders, practitioners and governments to advance solutions to deal with the outcomes emerging through the massive adoption of those technologies, as well as supporting the expected positive impacts through policies and financial initiatives.


2020 ◽  
Vol 12 (20) ◽  
pp. 8581
Author(s):  
Wenjing Xie ◽  
João Paulo Vieito ◽  
Ephraim Clark ◽  
Wing-Keung Wong

This study investigates whether the merger of NASDAQ and OMX could reduce the portfolio diversification possibilities for stock market investors and whether it is necessary to implement national policies and international treaties for the sustainable development of financial markets. Our study is very important because some players in the stock markets have not yet realized that stock exchanges, during the last decades, have moved from government-owned or mutually-owned organizations to private companies, and, with several mergers having occurred, the market is tending gradually to behave like a monopoly. From our analysis, we conclude that increased volatility and reduced diversification opportunities are the results of an increase in the long-run comovement between each pair of indices in Nordic and Baltic stock markets (Denmark, Sweden, Finland, Estonia, Latvia, and Lithuania) and NASDAQ after the merger. We also find that the merger tends to improve the error-correction mechanism for NASDAQ so that it Granger-causes OMX, but OMX loses predictive power on NASDAQ after the merger. We conclude that the merger of NASDAQ and OMX reduces the diversification possibilities for stock market investors and our findings provide evidence to support the argument that it is important to implement national policies and international treaties for the sustainable development of financial markets.


2021 ◽  
Vol 13 (21) ◽  
pp. 11648
Author(s):  
Sheng Zhang ◽  
Guoxiang Han ◽  
Ran Yu ◽  
Zuhui Wen ◽  
Meng Xu ◽  
...  

Gold is a vital strategic resource, and it plays an irreplaceable role in maintaining national financial security, enhancing currency guarantee capabilities, and serving as a country's last means of payment. Gold plays an essential role in several fields that are vital to sustainable development. In 2020, an ultra-large-scale gold deposit spanning land and sea was discovered in Sanshan Island-Jiaojia Belt, Laizhou Bay, China. Its owner, Shandong Gold Group, also established Sanshan Island as a new ecological mine model. Applying a difference in differences-structural vector autoregression (DID-SVAR) approach, our research found that the whole biodiversity of Laizhou Bay decreased by 0.27% purely due to gold exploration in Sanshan Island-Jiaojia. In the long run, gold mining will have an apparent 2.9% adverse effect on marine products, and fishing for marine products will have a 2.1% adverse effect on marine products themselves.


2013 ◽  
Vol 5 (1) ◽  
pp. 1-35 ◽  
Author(s):  
Herman F Greene

After twenty-five years sustainable development is not a reality. Policies and practices focus on the short-term and economists regard sustainable development as extraneous to their core responsibilities. Science, economics and self- interest have not proven a sufficient ground for sustainable development. Ethics calling   for moral reasoning and courageous action, spirit offering transcendence, vision and sustenance, and value asking what is development for are needed. United Nations negotiations have shaped, are shaping, and will continue to shape the meaning and practice of sustainable development. A global citizens‘ movement to build the political will for change is needed. To catalyze sustainable development ethics, religion and spirituality must operate out of a historical context and narrative of a ―Great Transition. ‖ Ethics must enter at the ground level in determining how science, technology, and economics are to be conceived. Religion and spirit must begin with respect for the order of existence. A particular ―Ethics and Spirituality Initiative for Sustainable Development‖ is building a coalition of religious, spiritual and secular values based-organizations to bring ethics and spirituality into the sustainable development process.


2021 ◽  
Vol 10 (4) ◽  
pp. 291
Author(s):  
Karina Zalcmane ◽  
Marina Kamenecka-Usova ◽  
Atis Bickovskis

Sport performs several functions in society: an educational, a social, a cultural as well as a recreational function. Nevertheless, sport is also a business: in economic terms, it is a rapidly growing area accounting for 3% of world trade and is one of the sectors most likely to generate new employment in the near future (Colucci & Hendrickx, 2014). For that reason, at the present stage of sustainable development of sports in Europe in general and in Republic of Latvia in particular, there is a growing need for a clear regulation of the employment relations of professional athletes and transparency of taxation in the sports industry. Taking these considerations into accounts, aim of the research paper is to assess the theoretical and practical issues related to employment relationships and taxation in Latvian sports from the sustainable development perspective. The methodological basis of the research consists of general scientific and special legal research methods.  


2021 ◽  
Vol 10 (1) ◽  
pp. 323
Author(s):  
Oksana Buturlina ◽  
Serhii Dovhal ◽  
Heorhii Hryhorov ◽  
Tetiana Lysokolenko ◽  
Vadym Palahuta

The conceptual and generalizing experience of STEM education implementation presented in Ukraine reflects the realization of the sustainable development goals through educational innovations. The study is based on the premise that STEM is a component of education for sustainable development. This educational trend focuses on the goals of Education for All (EFA), conforms to the ideas of the education-related Millennium Development Goals (MDGs) and relates to solving societal challenges in the long run. It is argued that the concept of STEM seeks to offer non-standard solutions to global issues in the field of sustainable development, and STEM education should be seen as a mechanism to accelerate the achievement of all sustainable development goals (SDG) and a strategy to obtain each of them. The specifics of STEM key ideas as global educational trends in the national Ukrainian public space are demonstrated. The consideration of STEM education as a component of the strategy for sustainable development through the detailing of the structure and implementation principles as well as STEM competencies, which are defined as the expected result and key for the person of the XXI century, is proved. The experience of Ukrainian research initiatives in the field of STEM education in the context of sustainable development is summarized. A full-fledged programme complex for comprehensive, equitable and high-quality education is presented, which combines the following links: research and experimental work of different levels, teacher’s professional development, museums and science centres work, implementation of various educational programmes, festivals and projects to attract young people to STEM, ensuring equal access for girls and boys.


2019 ◽  
Vol 4 (special) ◽  
pp. 80-89
Author(s):  
Maria-Madalina Bogeanu-Popa

This paper presents the influence that the sustainable development strategy has over the economic environment and especially over the national accounting model. Generally, the strategies of the sustainable development are carefully monitored and the periodic evaluation of them is a defining element. The processes involved in the evolution of the economic activities support the pylons of sustainable development and it integrates in this process the future request and offer. The elaboration of these strategies in the long run represents a primordial objective of the economic entities. The function of foresight from within the accounting model is used to showcase the strategy and to establish the mission that the economic entity has. By actively involving the accounting model, the internal and external information is contained into one single process. A different reason for which the accounting model is headed towards this direction is the fact that the objectives established in the long run contain at least one of the different environmental, social and economic factors, achieving at least one specific pylon of the sustainable development. Discussing assumed objectives, organizing programs and strategies of education and improvement in the field of sustainable development are key elements. These can be analyzed carefully within the entity and can guide the economic activity towards planning the strategy starting from its own accounting model. Respecting everything that has been mentioned, the integration of the sustainable development’s aspects needs to complete the process of sustainable development specific to the economic entity’s objectives and the accounting model.


2018 ◽  
Vol 8 (1) ◽  
Author(s):  
Ichwanudin Mawardi

Local wisdom is the people knowledge which comes from long evolved period between the people and their environment. Local wisdom by the some people is made as a basis in environment management based on sustainable development. Technology advancement in globalization era has impact to the development and existence of local wisdom, are values or the customs are considered have been outdated compared to the modern age advancement. On the other side, in fact the if reviewed the principles and concept of local wisdoms can live side bi side with this globalization era, even they can be made as a reference for the sustainable development, certainly after they going through empowerment of values and the local wisdom. Empowerment of local wisdomcan be conducted through various aspect such as : enhancing local values through application and utilization of advanced technology, strengthening people institutional of those who manage natural resources, enforcing implementation through establish of regulations (positive law) and so on.keywords : local wisdom, sustainable development, management based on people


2015 ◽  
Vol 6 (1and2) ◽  
Author(s):  
Insha Amin ◽  
Anish Yousaf ◽  
Rakesh Sharma

The business of tourism has been seen as a key player in the uprising of any destination but at the same time, makes it vulnerable to numerous parallel threats where a destination strives hard for its sustainability in the long run. Thus the future competitiveness and strength to survive for any destination depends on its ability to survive in the longer run and stand sustainable in terms of economic, natural and cultural resources and at the same time to ensure, efficient and planned consumption of the same. To satisfy the same it becomes imperative for the destination planners to incorporate their polices as such that lowest minimal depletion of resources is observed and maximum sustainable development of the destination is attained. The involvement of various stakeholders or destination planners in the progression of development of the destination cannot be overlooked. The state of Jammu and Kashmir is one of the leading destinations in terms of tourist inflow and the contribution of the various planning agencies cannot be ignored as far the development of the destination is concerned in the long run. This paper is an attempt to highlight the contribution of the various planning agencies in the sustainable development of the state of Jammu and Kashmir. The study gives an outline as to the various practices that should be adhered by the agencies so as augment the practice of sustainable development.


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