scholarly journals The future Scotland wants – is it really all about Sustainable Economic Growth?

2015 ◽  
Vol 19 (1) ◽  
pp. 66-100 ◽  
Author(s):  
Andrea Ross
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Regulatory Reform ◽  
Sustainable Living ◽  
Policy Objectives ◽  
Scottish Government ◽  
Definition Of ◽  
Sustainable Economic Growth ◽  
Oral Evidence ◽  
The Relationship

This article analyses the legal and practical implications of the Scottish Government's overall stated objective of increasing sustainable economic growth and the further implications that arise now that the term is formalised in legislation. It draws on the author's previous research into use of legal duties to deliver government objectives and the meaning and delivery of sustainable development and economic development. It is based on a critical review of Scottish Government policy, the provisions of the Regulatory Reform (Scotland) Act 2014, as well as the written and oral evidence submitted to parliamentary committees scrutinising Bills, their reports, and the subsequent Government responses. More broadly, the article examines the relationship between sustainable economic growth and the more widely accepted and used objective of sustainable development as complementary or contrasting policy objectives and legal duties. In doing so, it also aims to demonstrate the difficulties governments face in trying to put flesh on the bones of the Brundtland definition of sustainable development and accelerate progress towards sustainable living.

The role of digital economy in China's sustainable development in a post-pandemic environment

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Malin Song ◽  
Chenbin Zheng ◽  
Jiangquan Wang
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Supply Chain ◽  
Social Development ◽  
Environmental Protection ◽  
Digital Economy ◽  
Series Data ◽  
Content Type ◽  
The Relationship

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.

scholarly journals DETERMINANTS OF FIRM VALUE ON CONSUMPTION SECTOR IN INDONESIA

2021 ◽  
Vol 13 (1) ◽  
pp. 123-135
Author(s):  
Ji Kyoung Jang ◽  
Prio Utomo
Keyword(s):  
Economic Growth ◽  
Firm Size ◽  
Consumer Goods ◽  
Firm Value ◽  
Listed Company ◽  
Current Ratio ◽  
Dividend Payout ◽  
Financial Report ◽  
Sustainable Economic Growth ◽  
The Relationship

Abstract- The purpose of study is to understand the dominan determinants factor which is debt to asset ratio, current ratio, dividend payout ratio and firm size that will influence the firm value in consumer goods companies in Indonesia. To able to maintain dan increase the Indonesia economic growth, Investment and consumption are two main contributor to sustainable economic growth in Indonesia. The study seek for more understanding the determinant that influence the firm value that could support investor decision in consumer goods The study seek for relationship between determinants to predict firm value in the consumption industry which previously done in other sector with inconclusive result. The sample used in this research came from the financial report of 10 of 50 public listed company in IDX between 2013-2017 has high credibility and stability with purposive sampling. The Multiple Regression of modeling are used to analyze the relationship between determinants. The debt to asset ratio, current ratio, and firm size are affect the firm size significantly except for the devident payout ratio, with debt to asset ratio with the most effecting factor. DAR can reflect how financially stable a company is. The higher the ratio, the higher the degree of leverage and, consequently, the higher the risk of investing in that company. Keywords: Firm Size; Consumer Goods; Debt to Asset Ratio; Current Ratio; Firm Size; Dividend Payout Ratio

Sustainable Financing through Domestic Resource Mobilization (DRM)

2018 ◽  
pp. 514-535
Author(s):  
Francesco Seatzu
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Poverty Alleviation ◽  
Addis Ababa ◽  
Developed Countries ◽  
Resource Mobilization ◽  
Development Goals ◽  
The Relationship ◽  
Domestic Resource ◽  
Sustainable Financing

Domestic resource mobilization (DRM) has assumed increasing significance as a form of financing for sustainable development and economic growth in Africa. This chapter explores the present and future roles of international law concerning the regulation of this form of financing for sustainable development and economic growth in Africa, as well as the main obstacles and challenges of mobilising DRM in African developing and less developed countries. While there is a wide array of questions and issues related to this form of financing for development that international conferences and summits, in particular the Monterrey Consensus on Financing for Development and the Addis Ababa Agenda for Action, have addressed in various forms and with different emphasis and results, the chapter focuses exclusively on some substantial issues, such as the use of DRM for the financing of the new Sustainable Development Goals and the relationship between DRM and poverty alleviation actions and strategies.

scholarly journals Can Higher Education, Economic Growth and Innovation Ability Improve Each Other?

2020 ◽  
Vol 12 (6) ◽  
pp. 2515 ◽  
Author(s):  
Haiying Xu ◽  
Wei-Ling Hsu ◽  
Teen-Hang Meen ◽  
Ju Hua Zhu
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Sustainable Development ◽  
Regional Cooperation ◽  
Evaluation Index System ◽  
Coordination Model ◽  
Quality Of Higher Education ◽  
Innovation Ability ◽  
Regional Sustainable Development ◽  
Sustainable Economic Growth

This study argues that the coupling between higher education, economic growth, and innovation ability is of great significance for regional sustainable development. Through the experience of Jiangsu Province in China, this study establishes a coupling coordination evaluation index system and applies the coupling coordination model to evaluate interactive relationships among the three. It finds that during 2007–2017, the level of coupling of 13 prefecture-level cities in Jiangsu was increasing over time, which fully verified the previous scholars’ view that the three can improve each other over a long period. However, this study finds that there are obvious differences within Jiangsu. Inadequate investment in higher education has become a crucial constraint on sustainable economic growth in northern and central Jiangsu, which are backward regions of Jiangsu. By contrast, in southern Jiangsu, which is the advanced region of Jiangsu, although the resources of higher education are abundant the growth of innovation ability cannot support sustained economic growth well. Thus, the quality of higher education should be improved to meet the needs of the innovation-based economy. Accordingly, cross-regional cooperation and balanced investment in higher education are the keys to practicing a balanced and sustained regional development. The results of this study’s coupling coordination analysis and evaluation can serve as a reference for governments in enhancing regional sustainable development.

On the Relationship between Economic Growth and Energy Consumption in Beijing

2014 ◽  
Vol 962-965 ◽  
pp. 2165-2169
Author(s):  
Feng Yun Wang ◽  
Bing Hua Chen ◽  
Jin Ru Fan
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Energy Consumption ◽  
Causal Relationship ◽  
Energy Industry ◽  
Counter Measures ◽  
Tertiary Industry ◽  
Secondary Industry ◽  
The Relationship

This paper studies the causal relationship between energy consumption and economic growth in Beijing by using econometric method from 1980 to 2012, and then establishes the model between the energy consumption of three industries and economic growth to study the influence of the secondary industry and tertiary industry energy consumption on economic growth in Beijing. Finally, we put forward counter measures and suggestions on sustainable development of Beijing's economy and energy industry.

scholarly journals Government Spending and Non-Oil Economic Growth in the UAE

2019 ◽  
Vol 33 (1) ◽  
pp. 82-93
Author(s):  
Carole Ibrahim
Keyword(s):  
Economic Growth ◽  
Research And Development ◽  
Government Spending ◽  
Vector Autoregression ◽  
Public Institutions ◽  
Public Expenditures ◽  
The Government ◽  
The Right ◽  
Sustainable Economic Growth ◽  
The Relationship

Abstract The present paper studies empirically the relationship between government spending and non-oil economic growth in the UAE for the last four decades by using the vector autoregression (VAR) approach. The findings of the study suggest that the implementation of expansionary policy, through the intensification of current and development public expenditures, induces an increase in the non-oil economic growth during the subsequent periods of the government spending shock. Thus, the implementation of expansionary government spending stimulates the UAE economy, especially during recession periods. The study suggests that policymakers should concentrate their spending on the right projects, as well as on research and development. Moreover, they should channel their transfers and subsidies to the productive sectors, and they should ensure that higher productivity in public institutions is in conjunction with the rise in wages and salaries to achieve sustainable economic growth.

The Role of Energy Production in China's Sustainable Economic Growth

2013 ◽  
Vol 869-870 ◽  
pp. 439-442
Author(s):  
Kong Jian Li ◽  
Yaou Qi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Production ◽  
State Space Model ◽  
Annual Data ◽  
Time Varying Parameter ◽  
New Energy ◽  
Sustainable Economic Growth ◽  
The Relationship

This article investigates how the scale and structure of energy production influence on sustainable economic development in China. First and foremost, the relationship between energy production and economic development was discussed in theory, and a time-varying parameter state space model was established. Then an empirical study based on the annual data from 1981 to 2012 was carried out by using method of Kalman filter. The results indicate that both the increasing scale of energy production and the increasing proportion of new energy have a positive and significant influence on Chinese economic growth. Finally, the thesis draws a conclusion that, expanding the scale of energy production and optimizing the structure of energy production will significantly promote China's sustainable economic growth.

scholarly journals Tourism versus Sustainable Development Goals (SDG) Tourism – An Element of Economic Growth of Metropolitan Cities, Entrepreneurs

2021 ◽  
Vol 7 (2) ◽  
pp. 154-158
Author(s):  
Zakiya Salim Alhasni
Keyword(s):  
Economic Growth ◽  
Sustainable Development Goals ◽  
Economic Effects ◽  
Proper Understanding ◽  
Oil Revenue ◽  
Metropolitan Cities ◽  
Development Goals ◽  
Tourism Potential ◽  
Sustainable Economic Growth ◽  
The Relationship

Oman's economy highly depends on oil revenue since it accounts for more than half of all its export incomes. Other sectors like fishery and agriculture are some of the other major sources of income that are perceived to have some influence on minimizing the economic gaps of the population while contributing constructively to the country's GDP. Oman being strategically and geographically located gives it a better chance to add to the sources of its revenues. Tourism is hence seen as a key contributor to the economy and its sustainability. The reason behind this is the fact that Oman possesses great tourism potential in terms of its culture, climate, and natural environment. Proper understanding of the relationship that exists between the contribution from tourism and the SDGs is important in the development of the sector to improve development within the area. This research elucidated the constructive economic effects of tourism in Oman that can generate revenues and maintain sustainable economic growth, which in turn can help the country achieve its SDGs.  

scholarly journals SUSTAINABLE DEVELOPMENT: PARADIGM TRANSFORMATION IN THE СONTEXT OF ECONOMY ECOLOGIZATION

2021 ◽  
pp. 36-42
Author(s):  
Maryna Nahara
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Effect ◽  
Cyclical Fluctuations ◽  
Analysis And Synthesis ◽  
Scientific Principles ◽  
Development Concept ◽  
The Difference ◽  
Definition Of ◽  
Development Paradigm

Purpose. The purpose of the article is systematization of approaches to the definition of “sustainable development”, substantiation of its complementary components and improving the concept interpretation. Methodology of research. Dialectical method of scientific knowledge, general scientific principles, provisions of sustainable development concept are theoretical and methodological basis of the study. Systems analysis is used for disclosure of basic categories. Analysis and synthesis are used to improve the meaningful interpretation of sustainable development. Findings. It is substantiated that sustainable development is associated with the transformation of the human’s role in the process of socio-ecological and economic progress, progressive economic growth and the formation of a new circular economy. The difference between the concepts of “sustainable development” and “stability” is determined. Stability is a dynamic growth vector characterized by a positive value. Sustainable development implies not only positive values of growth, but also negative and zero indicators. The difference between stability and sustainable development is that the latter allows zero and negative values, and the amplitude of cyclical fluctuations is much larger than in stability process. Originality. Interpretation of “sustainable development” concept is improved. It is interpreted as a pluralistic, complementary process that interconnects with economic, social and ecological systems, determines their dynamics and direction in order to increase and qualitative growth of the integrated socio-ecological-economic effect, preservation and enrichment of the environment. Practical value. The main provisions of the study can be applied in the formation and use of sustainable development programs at the micro, meso and macro levels. Key words: sustainable development; stability; system; environmental management; environment; economic growth; environmental responsibility.

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