Wealth and Sustainability

Author(s):  
Kirk Hamilton ◽  
John Hartwick ◽  
Kirk Hamilton ◽  
John Hartwick

In 1974, it was a live question whether the exhaustion of natural resources, such as oil, would necessarily lead to the decline of economic activity. Solow showed that constant levels of consumption could be sustained if there is sufficient substitutability between produced and natural factors of production. Hartwick then proved that underpinning this result is a saving rule—set investment in produced capital equal to the value of resource depletion at each point in time. A large literature has shown that a comprehensive measure of the change in real wealth—net saving—plays a central role in determining whether current well-being can be sustained. The current composition of wealth serves to define the policy challenges that countries face in achieving sustainable development. If substitution possibilities are limited between natural and other factors of production, as one might expect, then technical progress is a necessary complement to policies for sustainability.

2021 ◽  
Vol 255 ◽  
pp. 01026
Author(s):  
Oleksii Hutsaliuk ◽  
Iuliiа Bondar ◽  
Nataliіа Sereda ◽  
Oksana Babych ◽  
Inna Shchoholieva

In the modern world, the question of the interaction of society and nature is one of the most acute problems among those facing humanity. Today, rapid economic development is causing a significant increase in the use and, consequently, depletion of natural resources. This necessitates the search for a new economic model that could break the link between economic growth and the depletion of natural resources. The study substantiates the theoretical aspects of eco-tourism as an important component of the strategy of sustainable development of tourism in Ukraine. The priority directions of sustainable development of tourism in the context of modernization of economic activity of Ukraine are outlined. The main directions of greening of the tourist sphere are considered. The main functions and principles of eco-tourism are formed and the relevance of the research and the need to develop prospects for the development of eco-tourism in Ukraine are substantiated. The concept of circular economy is a new economic model that manages the development of ecotourism, which allows to resolve the growing contradiction between the need to meet the growing needs of tourists and the limited number of natural, social, economic resources of host destinations in a deteriorating environment.


2021 ◽  
Author(s):  
Muhammad Hasyim Ibnu Abbas ◽  
Hadi Sumarsono ◽  
Farida Rahmawati ◽  
Inayati Nuraini Dwiputri

The concept of sustainable development has begun to be developed, namely in line with current needs and without endangering future generations. In addition to focusing on environmental issues, this concept covers economic development, environmental protection and social development. However, this concept still tends to focus on short- term economic development. With the limitation of the State Revenue and Expenditure Budget (APBN) and the resources we have, it is not surprising that policymakers prefer shortcuts. As a result, the quality of economic growth has deteriorated. One of the efforts to harmonize the needs of economic growth and conservation of natural resources is the concept of a Green Economy. This article discusses how to calculate economic development as seen from the amount of Gross Domestic Product (GDP) from a Green Economy perspective. Batu City, as a tourism city that relies on natural conditions and its environment, needs to analyze its economic development from a Green Economy perspective in order to be sustainable. This article aimed to analyze the depletion of natural resources of the sub-sector “Provision of Accommodation and Food – Beverage” which supports tourism in Batu City. The results showed that in 2015-2019, natural resource depletion increased every year. Keywords: Sustainable Development, Green Economy, Depletion, Natural Resources


Author(s):  
P.S. Kamble

Industrial revolution turned India into a source of rare, raw materials for British industries as well as a market for their finished products. The British only concentrated on the use of production factors and mass production for earning profit and collecting wealth for selfish development and it has led to a depletion of certain natural resources, leaving the environment permanently damaged and injured. The environmental issues in India become more serious every day like that lack of environmental education, reducing fertility of agricultural land, declining water level on earth, mass deforestation, land degradation, excess use of fertilizers and chemical in food production and river contamination and pollution. Green economy is a design and remedy on sustainable development, sustainable environment and environmental balance. It is against this backdrop, the present research study analyses the state of green economy and its linkages with sustainable development, environmental sustainability with reference to India. The present study concludes that the depletion of natural resources in India was not over or excessive is a move towards a green economy in connection with the indicator of natural resource depletion. The state of sanitation facilities in India is not very much happy and satisfactory. Access to water shows for India it is good, but not better which reveals India has failed in providing drinking water, consequently economic transformation and green economy for sustainable development of India. The important and policy suggestions of the present study are; planned extensive and intensive efforts are very much necessary from India as well for the development of health, water supply and sanitation facilities. Government of India should be more active and dynamic in realizing their green economy. Participation and involvement of people should be obligatory and enhanced in undertaking various activities useful for attaining the green economy and there by sustainable development.


Author(s):  
Manuel D'Assunção Do Nascimento José da Costa ◽  
Lúcio Correia Miranda

DEFORESTATION, COMMUNITY WELLNESS AND SUSTAINABLE DEVELOPMENT: an integrated analysis in Sao Tome and Principe - AfricaDÉFORESTATION, BIEN-ÊTRE COMMUNAUTAIRE ET DÉVELOPPEMENT DURABLE: une analyse intégrée à Sao Tomé-et- Principe – AfriqueA preocupação com a natureza, frente aos impactos negativos provocados pela ação humana, tem sido objeto de grande reflexão internacional. Vários eventos já foram realizados sobre a matéria, mormente apelando à conservação dos recursos naturais e à necessidade do desenvolvimento sustentável. Entretanto, atrocidades contra a natureza têm defasado fauna e flora em diversos lugares, como é caso de São Tomé e Príncipe. Eis o objeto do presente trabalho: analisa-se a relação socioambiental no país, sobretudo as causas e efeitos da acentuada prática do desmatamento. E para tanto, usou-se uma metodologia centralizada na revisão da literatura complementada com uma análise interpretativa e reflexiva sobre os problemas ambientais. Assim, convém destacar subsídios teóricos usados: Eiffert (2010); Castro et al. (2005); Filho (2000); Rodriguez et al. ( 2009); Souza et al. (2012). Outrossim, diplomas legais que dispõem sobre a matéria foram de capital importância, sobretudo a Constituição da República Democrática de São Tomé e Príncipe 2003 e da Lei n.º 05/2001, Lei de Florestas. No decorrer da análise, constatou-se que o fator desmatamento registrado, em parte, está condicionado ao fator econômico (pobreza), e isso impôs à necessidade da reflexão socioeconômica em conjugação com o fator socioambiental. Por fim, instiga-se a importância de planos estratégicos para uso sustentável de recursos naturais, visando à estabilidade ecológica local. São essas reflexões que deram sustentação e especificidade no desenrolar do presente estudo, o qual se espera ensejar mais reflexões e debates sobre a matéria em epígrafe.Palavras-chave: Impacto Ambiental; Bem-estar Comunitário; São Tomé e Príncipe.ABSTRACTThe concern with nature, in the face of the negative impacts caused by human action, has been the object of great international reflection. Several events have already been held on the subject, especially appealing to the conservation of natural resources and the need for sustainable development. However, atrocities against nature have lagged fauna and flora in several places, as is the case of São Tomé and Príncipe. The objective of the present study is to analyze the socio-environmental relationship in the country, especially the causes and effects of the marked deforestation practice. For this purpose, a centralized methodology was used in the review of the literature and complemented with an interpretative and reflexive analysis on the environmental problems. Thus, it is worth mentioning the theoretical subsidies used: Eiffert (2010); Castro et al. (2005); Filho (2000); Rodriguez et al. (2009); Souza et al. (2012). In addition, the legal provisions on this matter were of paramount importance, especially the Constitution of the Democratic Republic of São Tomé and Príncipe 2003 and Law no. 05/2001, Law on Forests. In the course of the analysis, it was found that the recorded deforestation factor, in part, is conditioned to the economic factor (poverty), and this imposed the need for socioeconomic reflection in conjunction with the socio-environmental factor. Finally, the importance of strategic plans for the sustainable use of natural resources is instigated, aiming at the local ecological stability. It is these reflections that gave support and specificity in the course of the present study, which is expected to lead to more reflections and debates on the subject in question.Keywords: Environmental Impact; Community Well-being; Sao Tome and Principe.RÉSUMÉLa préoccupation de la nature, face aux impacts négatifs causés par l'action humaine, a fait l'objet d'une grande réflexion internationale. Plusieurs événements ont déjà eu lieu sur le sujet, en particulier pour la conservation des ressources naturelles et la nécessité d'un développement durable. Cependant, les atrocités contre la nature ont retardé la faune et la flore dans plusieurs endroits, comme c'est le cas à São Tomé et Príncipe. L'objectif de la présente étude est d'analyser les relations socio-environnementales dans le pays, en particulier les causes et les effets de la pratique de la déforestation. À cette fin, une méthodologie centralisée a été utilisée dans l'examen de la littérature et complétée par une analyse interprétative et réflexive des problèmes environnementaux. Ainsi, il convient de mentionner les subventions théoriques utilisées: Eiffert (2010); Castro et al. (2005); Filho (2000); Rodriguez et al. (2009); Souza et al. (2012). En outre, les dispositions légales sur cette question revêtaient une importance primordiale, en particulier la Constitution de la République démocratique de São Tomé et Príncipe de 2003 et la Loi n ° 05/2001, Loi sur les forêts. Au cours de l'analyse, on a constaté que le facteur de déforestation enregistré, en partie, est conditionné au facteur économique (pauvreté), ce qui a imposé la nécessité d'une réflexion socio-économique en conjonction avec le facteur socio-environnemental. Enfin, l'importance des plans stratégiques pour l'utilisation durable des ressources naturelles est instigée, en vue de la stabilité écologique locale. Ce sont ces réflexions qui ont apporté un soutien et une spécificité au cours de la présente étude, ce qui devrait conduire à plus de réflexions et de débats sur le sujet en question.Mots-clés: Impact Environnemental; Bien-être Communautaire ; Sao Tomé-et-Principe.


2021 ◽  
Vol 296 ◽  
pp. 06044
Author(s):  
Larisa Yuzvovich ◽  
Ekaterina Polyakova ◽  
Larisa Pustovalova ◽  
Oksana Lavrova

At present, a number of economic actions undertaken by the Russian enterprises for development, directly or indirectly, lead to water and air pollution, nuclear radiation and many other perverse outcomes. The environment destruction is closely related to the enterprises activities that implement minerals and natural resources in their performance. If an enterprise establishes a reliable organizational management process, analyses the research and production process and implements modern equipment, then it can, to a certain extent, avoid environmental pollution, thereby preserving space for the economic activity.


Author(s):  
Julia Orlovska ◽  
Alyona Khlivitskaya

The article is devoted to the peculiarities of the introduction of the model of sustainable development in the economic systems of the leading world countries. Sustainable development is understood as a state of preserving the integrity of ecosystems, conservation of natural resources, constant maintenance of material and social well-being of the population. Economic policy of sustainable development is characterized as a state-defined system of scientifically sound measures aimed at improving economic processes and phenomena in order to simultaneously achieve economic growth, social justice and environmental management. The features of economic policy of sustainable development of Sweden, Switzerland, Denmark, Iceland and Czech Republic have been analyzed. The experience of establishing additional taxes for pollutants and tax benefits for enterprises that take measures for environmental modernization of production has been suggested to use in Ukraine. It has been considered necessary to create a system of national grants for the implementation of such models of economic management of natural resources, which not only will not harm the environment, but will also correct the already caused harm. The obligatory principle of implementation of specific environmental measures has been recognized the administrative and financial decentralization.


2010 ◽  
Vol 15 (6) ◽  
pp. 687-705 ◽  
Author(s):  
RAMÓN LÓPEZ

ABSTRACTThis paper studies the interactions between harvesters, whose income depends on a renewable natural resource as a key factor of production (e.g., fisheries) and industries that can have important impacts on the renewable resource, but whose production does not depend on it (e.g., off-shore oil extraction) in the context of a growing economy. We examine these issues for a closed economy focusing on how the co-existence between these two sectors affects sustainable development and the well-being of the poor, i.e., the harvesters. We show that under certain conditions the existence and expansion of a resource-impacting industrial sector may be consistent with sustainable development. However, if these conditions are not met, growth of the resource-impacting sector leads to further resource depletion and may even threaten the feasibility of sustainable development.


2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Gladys Bonilla-Enriquez ◽  
Patricia Cano-Olivos ◽  
Li-Qun Peng ◽  
Weihua Gan ◽  
Jose-Luis Martinez-Flores ◽  
...  

Nowadays, inventory management is a tool that must be extended to cover all aspects of the supply chain (SC). One of these aspects is Sustainable Development (SD) which emphasizes the balance between economic well-being, natural resources, and society. As inventory involves the use of natural and economic resources, the integration of SD criteria is important for a more efficient and sustainable SC. In this work, the most important SD variables associated with inventory management were identified. These variables were integrated as cost elements within a nondeterministic inventory control model to include SD criteria within inventory supply strategies. Through the assessment of the proposed integrated model, it was determined that, although SD practices involve additional investments, specific practices such as reuse/recycling and government incentives can increase revenue and profits. This is important for the development of government and business strategies to perform sustainable practices.


2021 ◽  
Vol 258 ◽  
pp. 05001
Author(s):  
Marina Levkevich ◽  
Natalia Bryukhanova ◽  
Galina Astratova

Ensuring the health of the population and promoting universal well-being is a priority goal for all mankind. It is confirmed by national projects and interstate programs in the field of sustainable development. A special role in the issue of universal health coverage is played by the services of health resort organizations (HRO). HRO play an important role in ensuring the sustainable development of the Russian industrial territories, contributing to the achievement of good health, well-being and economic activity of the population. The development of HRO in Russia faces a number of problems. One of the most ones is improving the tax policy in the health resort industry. Despite the relevance, this issue is very poorly studied. That is why it is necessary to use adequate taxation regulatory mechanisms. Analysis of the economic activity results of a number of HRO allowed concluding that most of them are unprofitable. The actual tax burden is much higher than recommended by the fiscal authorities. The purpose of the study was to analyze the tax regulation in the health resort sphere and to develop tax regulation methods that contribute to achieving the goal of sustainable development of the state in the field of health. The results obtained allow us to draw conclusions and propose some taxation methods in the health resort sector.


2008 ◽  
pp. 109-116 ◽  
Author(s):  
Vladimir Stojanovic ◽  
Dragoslav Pavic ◽  
Minucer Mesaros

The idea of the application of sustainable development in the use of the natural resources of reeds area in Vojvodina has not been seriously considered so far, which has resulted in unwise management in this region. Similar situation was dominant in the past, especially during the twentieth century, which significantly influenced the degradation of the original characteristics of reeds marshland. A survey of economic activity that has been present in the area and their surroundings has emphasized the necessity of harmonized development so that the authentic natural entities would be preserved, for many reasons, for future generations. One of the ways for preserving original characteristics could be nature preservation. They have characteristics of wetlands, which have lately been given significant attention through the search for the models of wise use. An important prerequisite for familiarizing with and investigating reeds marshland is the establishment of the distinctive criteria, which has not been thoroughly investigated so far.


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