The Road from Economic Growth to Sustainable Development: How was it Traversed?

Author(s):  
Nilanjan Ghosh
2013 ◽  
Vol 726-731 ◽  
pp. 4765-4768
Author(s):  
Da Deng

To achieve a new round of economic growth at this stage, it is impossible for cities to continue to resource-based and dependent development model. Based on intellectual capital and creativity, creative industries are of particular importance to the road to city sustainable development. This paper analyzes the creative industries in the following roles - changing the model of economic growth, optimizing industrial structure, innovation and economic operation system, upgrading the overall competitiveness of the region. View of this article is that the development of creative industries has gone beyond its significance as a new industry format of the industry level, is the realization of a new round of growth and development by leaps and bounds in an effective way.


This chapter tracks the long path that Development Theory has traversed over the last century. Its origin traces back to the notions of economic growth and development and eventually reached a stage where governments and academics are more concerned with more holistic notions of development than merely growth. Sustainable development has become the most important notion of the day and provides a more comprehensive definition of development, linking ecological services and quality of life with economic growth. Such a paradigm shift in less than a century is no less than a revolution. Expectedly, this shift has been marked by cognitive dissonance, bitter debates, and scholastic antagonism. This chapter traces the story of how the road has been traversed and the shift achieved. It highlights the various theories of economic growth and development and focuses on the debates among economists that have helped the discipline traverse this long way. Finally, this chapter talks of markets. While it has often been understood that markets can promote economic growth, this chapter further emphasizes how markets, under enabling conditions, might be the right catalysts to promote sustainable development.


2017 ◽  
pp. 41-59
Author(s):  
Nilanjan Ghosh ◽  
Anandajit Goswami

This chapter tracks the long path that Development Theory has traversed over the last century. Its origin traces back to the notions of economic growth and development and eventually reached a stage where governments and academics are more concerned with more holistic notions of development than merely growth. Sustainable development has become the most important notion of the day and provides a more comprehensive definition of development, linking ecological services and quality of life with economic growth. Such a paradigm shift in less than a century is no less than a revolution. Expectedly, this shift has been marked by cognitive dissonance, bitter debates, and scholastic antagonism. This chapter traces the story of how the road has been traversed and the shift achieved. It highlights the various theories of economic growth and development and focuses on the debates among economists that have helped the discipline traverse this long way. Finally, this chapter talks of markets. While it has often been understood that markets can promote economic growth, this chapter further emphasizes how markets, under enabling conditions, might be the right catalysts to promote sustainable development.


2020 ◽  
Vol 8 (8) ◽  
pp. 1476-1496
Author(s):  
V.V. Smirnov

Subject. The article discusses Russia’s economy and analyzes its effectiveness. Objectives. The study attempts to determine to what extent Russia’s economy is effective. Methods. The study is based on the systems approach and the statistical analysis. Results. I discovered significant fluctuations of the structural balance due to changing growth rates of the total gross national debt denominated in the national currency, and the stability of growth rates of governmental revenue. Changes in the RUB exchange rate and an additional growth in GDP are the main stabilizers of the structural balance, as they depend on hydrocarbon export. As a result of the analysis of cash flows, I found that the exports slowed down. Financial resources are strongly centralized, since Moscow and the Moscow Oblast are incrementing their share in the export of mineral resources, oil and refining products and import of electrical machines and equipment. Conclusions and Relevance. The fact that the Russian economy has been effectively organized is proved with the centralization of the economic power and the limits through the cross-regional corporation, such as Moscow and the Moscow Oblast, which is resilient to any regional difficulties ensuring the economic growth and sustainable development. The findings would be valuable for the political and economic community to outline and substantiate actions to keep rates of the economic growth and sustainable development of the Russian economy.


2018 ◽  
Vol 34 (1) ◽  
pp. 125-128
Author(s):  
T. А. Sichinava ◽  
M. А. Menshikova

In this article, the main elements of the concept of the essence of innovation, innovation development and enterprise sustainability, factors and principles affecting the sustainability and sustainable development of the enterprise are investigated.


2021 ◽  
Author(s):  
Syed Abdul Rehman Khan ◽  
Danish Iqbal Godil ◽  
Muhammad Umer Quddoos ◽  
Zhang Yu ◽  
Muhammad Hanif Akhtar ◽  
...  

2021 ◽  
Vol 13 (4) ◽  
pp. 1828
Author(s):  
Elisa Chaleta ◽  
Margarida Saraiva ◽  
Fátima Leal ◽  
Isabel Fialho ◽  
António Borralho

In this work we analyzed the mapping of Sustainable Development Goals in the curricular units of the undergraduate courses of the School of Social Sciences at the University of Évora. Of a total of 449 curricular units, only 374 had students enrolled in 2020/2021. The data presented refer to the 187 course units that had Sustainable Development Goals in addition to SDG4 (Quality Education) assigned to all the course units. Considering the set of curricular units, the results showed that the most mentioned objectives were those related to Gender Equality (SDG 5), Reduced Inequalities (SDG 10), Decent Work and Economic Growth (SDG 8) and Peace, Justice and Strong Institutions (SDG 16). Regarding the differences between the departments, which are also distinct scientific areas, we have observed that the Departments of Economics and Management had more objectives related to labor and economic growth, while the other departments mentioned more objectives related to inequalities, gender or other.


Author(s):  
Tomiwa Sunday Adebayo ◽  
Abraham Ayobamiji Awosusi ◽  
Seun Damola Oladipupo ◽  
Ephraim Bonah Agyekum ◽  
Arunkumar Jayakumar ◽  
...  

Despite the drive for increased environmental protection and the achievement of the Sustainable Development Goals (SDGs), coal, oil, and natural gas use continues to dominate Japan’s energy mix. In light of this issue, this research assessed the position of natural gas, oil, and coal energy use in Japan’s environmental mitigation efforts from the perspective of sustainable development with respect to economic growth between 1965 and 2019. In this regard, the study employs Bayer and Hanck cointegration, fully modified Ordinary Least Square (FMOLS), and dynamic ordinary least square (DOLS) to investigate these interconnections. The empirical findings from this study revealed that the utilization of natural gas, oil, and coal energy reduces the sustainability of the environment with oil consumption having the most significant impact. Furthermore, the study validates the environmental Kuznets curve (EKC) hypothesis in Japan. The outcomes of the Gradual shift causality showed that CO2 emissions can predict economic growth, while oil, coal, and energy consumption can predict CO2 emissions in Japan. Given Japan’s ongoing energy crisis, this innovative analysis provides valuable policy insights to stakeholders and authorities in the nation’s energy sector.


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