scholarly journals Sustainability is the Main Driver of Economic Growth

2020 ◽  
Vol 6 (8) ◽  
pp. 157-164
Author(s):  
Sh. Zainutdinov ◽  
U. Madrakhimov

In a market economy, ensuring the sustainability of economic growth is the main task of the state. For without this, economic development cannot be achieved. This article discusses the theory and practice of sustainable development, factors that ensure economic stability, conditions and circumstances of economic growth, the place and role of GDP, balanced development of the economy, increasing labor productivity, production efficiency, etc.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Malin Song ◽  
Chenbin Zheng ◽  
Jiangquan Wang

PurposeThe COVID-19 pandemic is still raging, which calls for an exploration of how to prevent and control pandemics to promote sustainable development. The purpose of this paper is to examine the role of the digital economy in sustainable development, the relationship between the two, the impacts of the outbreak on economic and social development, and changes in China's digital economy.Design/methodology/approachThe study used the time-series data from 2002 to 2019 and an unconstrained VAR model to examine the relationship between the digital economy and sustainable development before the pandemic.FindingsChina's digital economy has promoted the country's sustainable economic and social development; it has advanced rapid economic growth, improved people's living standards, increased efficient utilization of resources, and strengthened environmental protection.Research limitations/implicationsAmid the pandemic, China's digital economy developed effectively; it showed strong resilience because of its unique advantages. The digital economy in China has helped the country to control the pandemic in a short period, reduced the risk of supply chain disruption, promoted China's economic growth, and ensured the orderly operation of society. Therefore, countries worldwide are encouraged to prioritize their digital economies.Originality/valueCompared with the extant literature, this study explores the sustainable supply chain in a broader sense in the context of a pandemic, and how the supply chain is influenced by the digital economy. It not only includes the stability, resilience, and viability of the supply chain in economic development but also involves aspects of people's life, resource utilization, and environmental protection.


Author(s):  
Sofya Yurievna Nikolaeva ◽  
◽  
Angelina Borisovna Vishnyakova ◽  

The article considers the concept of digitalization and digital technology, their role in the industrial enterprises. Based on the analysis, the role of digitalization, like the main driver, which allows company to become more competitive as on the national, as on the international markets, offering unique and high tech products, is substantiated.


Author(s):  
Seda Yıldırım ◽  
Durmus Cagri Yildirim ◽  
Hande Calıskan

PurposeThis study aims to explain the role of health on economic growth for OECD countries in the context of sustainable development. Accordingly, the study investigates the relationship between health and economic growth in OECD countries.Design/methodology/approachThis study employed cluster analysis and econometric methods. By cluster analysis, 12 OECD countries (France, Germany, Finland, Slovenia, Belgium, Portugal, Estonia, Czech Republic, Hungary, South Korea, Poland and Slovakia) were classified into two clusters as high and low health status through health indicators. For panel threshold analysis, the data included growth rates, life expectancy at birth, export rates, population data, fixed capital investments, inflation and foreign direct investment for the period of 1999–2016.FindingsThe study determined two main clusters as countries with high health status (level) and low health status (level), but there was no threshold effect in clusters. It was concluded that an increase in the life expectancy at birth of countries with higher health status had no significant impact on economic growth. However, the increase in the life expectancy at birth of countries with lower health status influenced economic growth positively.Research limitations/implicationsThis study used data that including period of 1999–2016 for OECD countries. In addition, the study used cluster analysis to determine health status of countries, and then panel threshold analysis was preferred to explain significant relations.Originality/valueThis study showed that the role of health on economic growth can change toward country groups as higher and lower health status. It was proved that higher life expectancy can influence economic growth positively in countries with worse or low health status. In this context, developing countries, which try to achieve sustainable development, should improve their health status to achieve economic and social development at the same time.


Author(s):  
Mariana Imaz ◽  
Claudia Sheinbaum

Purpose In September 2015, the UN member states approved an ambitious agenda toward the end of poverty, the pursuit of equity and the protection of the planet in the form of 17 Sustainable Development Goals (SDGs) and 169 targets. The purpose of this paper is to raise a concern about the context and framework that science, technology and innovation have in the finalized text for adoption that frames the SDGs especially regarding environmental degradation. The authors argue that emphasizing technology transfer in the agenda has the risk to do not recognize other technological alternatives such as eco-technologies, and endorse a limited vision of the role of science and innovation in the achievement of the SDGs. Science for sustainability has to go further than technology transfer, even questioning the limits of the current patterns of intensive use of natural resources and inequity in consumption. By discussing the historical backgrounds of this paradigm and elaborating on the role of science to achieve sustainability in a broader sense. It is in these terms that inter- and intra-discipline and the roles of researchers in sustainability transitions acquire relevance. Design/methodology/approach Although many theories regarding human development are in place and under discussion, the dominant view, reflected in the UN agreement, is that the progress of a country can be measured by the growth in the per capita gross domestic product. This variable determines if a society is able to reduce poverty and satisfy its basic needs for present and future generations (Article 3: United Nations (UN), 2015). Progress and economic growth in several aspects of human development has been substantial over the past 40 years. However, at the same time, the state of the environment continues to decline (UNEP, 2012). The obvious inquiry of these opposing trends is whether progress irremediably comes at the cost of environmental degradation. In 1972, the Club of Rome’s report entitled “Limits to growth” (Meadows et al. 1972) confronted the viability of perpetual economic growth. The report alerted of the impossibility of endless growth in population and production in a finite planet (Gómez-Baggethun and Naredo, 2015). The essay forecasted future crises of food and energy if the population and economic growth continued to grow at the same rate of the first half of the twentieth century. Nevertheless, the catastrophic projections were not met, mostly because of great advances in agriculture, water and energy technologies. Findings The SDGs constitute a relevant international recognition of the importance of the three edges of sustainable development. However, the pathways toward the achievement of the SDGs need to fully recognize that poverty, inequalities and global environmental problems are expressing a deeper crisis in the shape of economic growth, patterns of production and consumption and, in general, the logic of no limits in the exploitation of natural resources (Sheinbaum-Pardo, 2015). For this reason, the science of sustainability requires a deep understanding of the technological change and that technology is not the only approach toward sustainability. Research limitations/implications The paper reflects a conceptual discussion of the narrow vision of science and technology in the SDGs and their UN framework. The most important objective in the UN documents is technology transfer. This has the risk to do not recognize other technological alternatives such as eco-technologies, and endorse a limited vision of the role of science and innovation in the achievement of the SDGs. Practical implications An important discussion of the key points regarding SDGs is developed. Social implications “Transforming our world: The 2030 agenda for sustainable development (UN, 2015)” presents a narrow vision and a limiting role to the science of sustainability. Moreover, if these issues are not recognized, the achievement of the SDGs will continue to gain only marginal success. Originality/value It brings out a very important discussion of the role of science and technology in the ambitious UN agenda of the SDGs.


2020 ◽  
Vol 14 (3) ◽  
pp. 499
Author(s):  
Suandi Suandi ◽  
Dompak Napitupulu ◽  
Endy Effran

The main indicator in economy development was the role and contribution of each sector and or sub-sector to economic growth. One of the sub-sectors that had a major role and contribution in economy development was coffee plantations. To determine the role of coffee plantations on the community’s economy in Kerinci Regency, Jambi Province, therefore the research aims were (1) to determine the role of coffee plantations on income and employment, (2) to determine the contribution of coffee plantations to income and employment, and (3) to determine the ratio of coffee plantation growth to income and employment. The research was conducted in Kerinci Regency in 2015 with 6 months research period. The research data were sourced from secondary data, which was time series data from 2005-2013. Data were analyzed using the Location Qoutient (LQ) approach, and Shift-share. The results showed that coffee plantations in Kerinci Regency were the base sector. The analysis results obtained that coffee plantations played a role as the main driver of the Kerinci Regency’s economy because it had a high income and employment. During the period of nine years 2005-2013, economic growth, income and employment of coffee plantation in Kerinci Regency showed a positive ratio value though it was fluctuated.


2015 ◽  
Vol 10 (1) ◽  
pp. 01-08 ◽  
Author(s):  
Negin Vaghefi ◽  
Chamhuri Siwar ◽  
Sarah Aziz

Sustainability has become an important concept in economic growth and development in the world. Malaysia, as a rapidly developing economy in Asia, has been able to achieve a positive economic growth; however, there is a big question: is it on a sustainable growth path? Due to weaknesses of traditional GDP in reflecting sustainability path, Green GDP as an indicator of sustainability could be implemented with adjustments in calculations. This paper aims to calculate the Green GDP for Malaysia. This measure will almost give policy makers a more arguable estimate for the area of environmental challenges. This paper highlights the role of natural resources depletion and environmental damages in sustainable development of the country. Green GDP is associated with some uncertainties such as lack of comprehensive calculations in estimating data and difficulties in setting the price of natural resources. These uncertainties and how Malaysia would be able to implement more accurate Green GDP in future were also discussed.


2021 ◽  
Vol 16 (4) ◽  
pp. 122-131
Author(s):  
Lavrentyeva Nina G. ◽  

A teacher is a key figure in ecological education of preschoolers for their safe and happy future life. Intensiveness of preschooler’s development, dependence of his life from grown-ups, direction of development to future life requires to raise social ecological responsibility of teachers before the future generation. The purpose of the article is to show the specific character of teachers’ training as the organizational and pedagogical condition of ecological education of preschoolers in the conditions of natural and sociocultural environment of a kindergarten. Analysis of theoretical sources and teaching practice allows you to identify the most valuable content lines and technological mechanisms of professional training of preschool students and practicing teachers for environmental education of children. The research methods are the analysis of the theory and practice of environmental education of preschoolers, professional training of teachers, generalization, and correlation of the analysis results with the goals of sustainable development, comparison, systematization, questioning of teachers of preschool educational organizations. Achieving the goals of sustainable development of society makes it necessary to focus the content and technologies of organizing environmental education for children on the knowledge of the consistency of the structure and functioning of the natural and sociocultural world, the allocation of ecosystems of different levels in it. In this case, the semantic needs of the future will be reflected in the pedagogical design of the present. Determination of the system-forming role of environmental education will optimize professional training and comprehend the unity of natural science and humanitarian knowledge. Strengthening the personal orientation of education by taking into account the level of training, individual interests, preferred styles of information processing, increases cognitive activity and creative self-realization of each student. The use of project activities and interactive forms and methods of designing environmental education for children create conditions for improving the professional qualities of teachers, increase the value of training. Thus, the directed specificity of the content of vocational education of kindergarten teachers from the perspective of the future increases their social and environmental responsibility to future generations and the effectiveness of the results of environmental education of preschoolers in the process of professional implementation. Keywords: professional training, ecological education of preschoolers, natural and sociocultural environment, system-forming role of ecological education, social ecological responsibility


Author(s):  
Ahmad Mohammad Alsaad, Shatha Musa Al-Rawabdeh Ahmad Mohammad Alsaad, Shatha Musa Al-Rawabdeh

This research aimed to clarify and show the economic impact of Zaka fund development through theoretical, mathematical, and graphical analysis on macroeconomics variables which is related to aggregate demand, Researchers used theoretical, mathematical, graphical approaches for explanation economic variables. and used deductive approach through shows the effect of zakat on the aggregate Demand. The researcher concludes that the duty of Zaka induces economic growth and protects the economy from risk fluctuations whether it is recession or inflation. The researcher recommends to work on promoting the revival of Zaka, and the Zakat should be compulsory not voluntary through laws and regulations, ࢫbecause it raises the level of economic activity through its direct effect to stimulate fund investment, raise consumer’s demand and expand the market.


2011 ◽  
pp. 1782-1803
Author(s):  
Leonardo Baggiani

This chapter investigates how the combination of savings and investments affects economic development and sustainability. This discussion aims to help to understand the role of savings as a support to growth, and how biasing individual decisions on consumption and debt via monetary policies can be a source of economic growth un-sustainability. Information technology helps to optimise the use of resources, but it even makes dangerous policies easier to implement. Section 1 shows theoretical insights into the contribution of savings to growth, and the concept of sustainability; section 2 focuses on the theories that better deal with the sustainability concern and investigates the role of information technology in monetary policy; section 3 shows the growing, positive contribution of e-money to growth and sustainability, and it suggests a new role for the government as advisor within an information-enhanced economy where information technology can play a prominent role; section 4 concludes.


2020 ◽  
Vol 18 (2) ◽  
pp. 395-420
Author(s):  
Senko Pličanič

In the article, the author discusses the main reasons for the failure to achieve sustainable development. He believes that the main reason for that failure is the excessive and one-sided orientation of Western civilization toward the material dimension of our lives. Behind that lies an even deeper mechanism that controls our actions: the human desire “to be happy”. The author believes that we are not aware that the path to happiness is associated with both spiritual and material growth, not material growth alone. Our obsession with materials is rooted in the belief that material (economic) growth is the way to happiness. We have interfered in the environment and in other people’s lives so recklessly primarily due to our material insatiability. However, love is essential in our lives, and the path to love goes through spiritual and material growth. Therefore, the author stresses the necessity of transforming the existing development paradigm into a new one with a comprehensive view of development, which will include spiritual and material growth. We should “use” the state and the law as primary tools in achieving happiness as our main goal. To achieve sustainable development, we need a “sustainable state” and “sustainable law”.


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