scholarly journals Connecting Growth with Development and Income with Sustainability, Education, and Employment of Global Powerhouses - A SEDA Perspective

2020 ◽  
Vol 9 (1) ◽  
pp. 18-27
Author(s):  
Pallabi Mukherjee ◽  
Kali Charan Modak ◽  
Jolly Sushma
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Well Being ◽  
School Enrollment ◽  
Electricity Production ◽  
World Population ◽  
High Positive Correlation ◽  
Sustainable Economic Development ◽  
The World ◽  
Development Assessment

Purpose: This paper aims to depict the recent initiation to evaluate the efficiency of a nation in converting wealth to well-being in terms of Sustainable Economic Development Assessment scores (SEDA) specially analyzed for the global powerhouse countries accommodating 78% of the world’ population and 87% of countries income.Design/Methodology/Approach: SEDA (Sustainable Economic Development Assessment) measures sustainable development with three broad dimensions: economic, sustainability, and environment. The analysis is carried out by plotting a four-quadrant matrix chart to compare some macro-economic fundamentals.Countries Considered: 36 Powerhouse countries of the world (78% of the world’s population and 87% of countries’ income).Variables Considered: GDP/Capita, Wealth to well-being coefficient, SEDA score, employment (Employment has unemployment and employment to population ratio 15 plus), education (school enrollment, tertiary, years of school primary to tertiary, teacher-pupil ratio primary and an average of math and science score), equality (Gini index, inequality in education and inequality in life expectancy) and finally environment (air quality, terrestrial and marine protected areas, carbon dioxide intensity and electricity production from renewable sources).Findings: The analysis depicts how good a country is in converting their wealth to well-being. The countries that have started well do not necessarily have depicted outstanding progress in Sustainable economic development assessment. Some countries are good in growth and increasing their developmental scores (keeping in mind BCG identified parameters of sustainable development). Further comparisons express a high positive correlation between GDP/Capita with education and equality. There is a very low degree of correlation between GDP/Capita and employment and a low correlation between GDP/Capita and environment. However, there is a negative correlation between Growth and development.Practical Application: Relation between GDP/Capita of countries and some important economic, investment, and sustainability dimensions to judge where a nation stands and what should be added as a prelim agenda to countries dashboard.

The Role of Technology to Achieve Sustainable Economic Development in Africa

2016 ◽  
Vol 4 (2) ◽  
pp. 30-41
Author(s):  
Sally M. Farid
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
African Countries ◽  
Potential Growth ◽  
Annual Series ◽  
Development Indicators ◽  
Telecommunications Infrastructure ◽  
Sustainable Economic Development ◽  
The World

Objective - The purpose of this paper is to study how the technological innovation can achieve and promote sustainable development particularly in Africa. It considers forms of innovation technology that could enhance sustainable development. Methodology/Technique - The data used in this paper includes 54 African countries and the study period is from 2000 to 2014, using data on IT that measures the stock of telecommunications infrastructure as telecommunications investment. The GDP series represents annual real GDP in the prices of 2000. Annual series for IT and GDP were collected from the World Development Indicators of the World Bank database in 2015. Findings - The paper presents the concept and strategies of Sustainable Economic Development, discusses existing technologies in sustainable development, shows the role of technology in sustainable development, and presents the information and communication technology to promote economic development in Africa and the obstacles to set up policies for innovation technology in Africa. Novelty - The results have major implications. Firstly, the access to telecommunications services contributes towards economic growth. Secondly, an appropriate regulatory environment is necessary to realize the potential growth in telecommunications demand generated by increased income. Type of Paper - Empirical Keywords: Technology; Sustainable Economic Development; ICT in Africa.

scholarly journals Organic agricultural production in the function of sustainable development of the municipality of Štrpce

2020 ◽  
Vol 22 (1) ◽  
pp. 1-14
Author(s):  
Maja Mladenović ◽  
Radica Bojičić
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Agricultural Production ◽  
Field Research ◽  
Well Being ◽  
Organic Production ◽  
Natural Conditions ◽  
Sustainable Economic Development ◽  
Livestock Breeding ◽  
Fruit Growing

Due to favourable natural conditions, the inhabitants of the municipality of Štrpce were engaged in agriculture, livestock breeding and fruit growing for decades. Although to a lesser extent, interest in agriculture is still present today, with slight variations in the type of crops being grown. In recent years, there has been an expansion of raspberry growing and beekeeping, segments that have proven to be extremely profitable. The aim of this paper is to highlight the importance of agriculture in the overall sustainable economic development of the municipality of Štrpce and inhabitants individually. Based on the field research, the authors will suggest improvement of this industry, especially in the field of organic production. If the predictions are true, this will be crucial for the existence and well-being of people in this region.

scholarly journals Migration as a Factor of the Sustainable Economic Development

2020 ◽  
Vol 9 (1) ◽  
pp. 380
Author(s):  
Petro Kurmaiev ◽  
L. Seliverstova ◽  
L. Seliverstova ◽  
N. Husarevych ◽  
P. Kolisnichenko
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Immigration Policy ◽  
Sustainable Development Goals ◽  
Donor Country ◽  
Skilled Workers ◽  
Sustainable Economic Development ◽  
The World ◽  
Development Goals ◽  
The Impact

The problem of the interplay between migration and the achievement of the sustainable development goals is one of the main topics in modern scientific debate. The theoretical basis of the study is the understanding of migration as a continuous process caused by the interaction of a complex of factors, the result of which is the formation of a new quality globalized society. The methods used were: Comparative analysis and Content analysis. The authors note that the effectiveness of national policies depends significantly on the extent to which global migration trends are taken into account. The main factors that determine the dynamics of migration flows are identified in the article. The dominance of economic and security-humanitarian motives for migration is mentioned. It is noted that modern migration processes as a whole have a positive impact on the achievement of sustainable development goals. In modern world, migration is the driver of the country's demographic, economic and socio-cultural situation. For most countries in the world, the main objectives of immigration policy are to meet the need for labor, balance the labor markets, reduce the rate of depopulation and an aging population. The research made it possible to identify the types of immigration policy of governments of the world countries and their characteristics. The authors indicate that 73% of governments search to increase or maintain the current level of immigration of highly skilled workers. The thesis is substantiated that the impact of migrants on the wages of highly skilled workers in the country of destination is minimal. The impact of emigration on the socio-economic situation of the donor country is analyzed. The study found that emigration alone is not a destructive factor for the donor country. Significant deterioration in the country is influenced by a set of factors, among which migration is only one of them.  Keywords: migration, sustainable economic development, donor-countries

scholarly journals Assessment of the EU and Ukraine Economic Security and Its Influence on Their Sustainable Economic Development

2020 ◽  
Vol 12 (18) ◽  
pp. 7692 ◽  
Author(s):  
Inna Gryshova ◽  
Mykola Kyzym ◽  
Irina Hubarieva ◽  
Viktoriia Khaustova ◽  
Anatoly Livinskyi ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
National Economy ◽  
Economic Security ◽  
Sustainable Economic Development ◽  
External Threats ◽  
National Economic ◽  
The World ◽  
The Impact ◽  
The Eu

The article proves that security of the national economy characterizes the ability of the country to withstand the destabilizing effects of various internal and external threats and to ensure its sustainable development. The study is carried out in the following stages: Diagnosing threats to security of the national economy → assessing the level of economic security of countries of the world → clustering countries of the world according to the level of economic security → modelling the impact of the national economic security on sustainable economic development of a country → forming measures to ensure security of a country’s economy. The basis for assessing the level of economic security of a country is a hierarchically constructed system of indicators, including composite, complex, and sub-indicators. The assessment of the level of economic security is carried out on the basis of international indices and rankings. The analysis of the correlation between the level of GDP per capita and individual indicators included in the composite indicator of economic security made it possible to identify those that should become the primary concerns of governments in order to enhance economic security as well as increase the level of GDP and ensure sustainable development of countries.

scholarly journals ASSESSMENT AND IMPLICATIONS OF SDGs: A CASE OF HIMACHAL PRADESH

2021 ◽  
Vol 8 (SI-1) ◽  
pp. 1-15
Author(s):  
Geetanjali Sageena ◽  
Suneel Kumar
Keyword(s):  
Sustainable Development ◽  
Human Development ◽  
Well Being ◽  
World Population ◽  
Industrialized Countries ◽  
The Sustainable Development ◽  
The World ◽  
Development Goals ◽  
Set Up ◽  
Crucial Part

The world population is tremendously growing and is putting a lot of pressure on our finite resources. Sustainable development is a crucial part of each new worldwide plan; the world has been attempting to set up a more sustainable way and different objectives and targets have been set to accomplish this. The Sustainable Development Goals (SDGs) set norms not only for emerging and agricultural nations, yet additionally for the industrialized countries. Therefore, it is essential to strengthen SDG synergies and reduce compromises across boundaries to achieve the SDGs everywhere. Sustainable development pursues human well-being without expanding ecological limits. It is assumed that the purpose for which sustainable development is enthusiastically defined at the global level must be within the limits of the earth. The research into the causal relationship between human development and SDGs and is achieved in an unsustainable way. There is a need to reorient existing patterns of human development within the capabilities of the Earth's ecosystem, as the SDGs achieved cannot be ecologically justified.

Sustainable development strategies vs traditional approaches: public preferences

2020 ◽  
Vol 2020 (6) ◽  
pp. 124-146
Author(s):  
Vladimir Komarov ◽  
Vladimir Kotsubinskiy ◽  
Varvara Akimova
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Direct Democracy ◽  
Methodological Approach ◽  
Well Being ◽  
Development Strategies ◽  
Solid Core ◽  
The Sustainable Development ◽  
The World ◽  
Socio Economic Development

The article describes the methodological approach to the development of strategies of socio-economic development created by the authors on the basis of the analysis of the best practices of sustainable development strategies in the world. The methodology involves the use of ecological and economic (the solid core of the ecological economics, projects with integrated efficiency) and humanistic (indicators of “true well-being”, human experience at the center of change) principles, as well as the use of direct democracy tools (residents are co-authors of strategies, in-depth interviews, online polls with alternative scenarios). The use of this methodology while producing strategies for socio-economic development, including conducting surveys of the population in Kerch, Simferopol and Tolyatti, showed that residents choose the solutions that are laid down in the sustainable development strategies of the leading cities of the world. Surveys regarding the image of the desired future, sustainable city, sustainable mobility and sustainable urban environment showed that residents respond not only progressively and professionally, but also in a consolidated manner choosing the sustainable development path as the only desired vector for long-term development. The main party uninterested in the implementation of the sustainability agenda is a conservative bureaucracy focused on familiar and simple measures and decisions.

scholarly journals IMPLEMENTATION OF THE FINANCIAL STRATEGY FOR SUSTAINABLE ECOLOGICAL AND ECONOMIC DEVELOPMENT IN THE AGRICULTURAL SECTOR

2021 ◽  
Vol 4 (39) ◽  
pp. 578-586
Author(s):  
O. Kinzerska ◽  
О. Garafonova ◽  
Yu. Kravchyk ◽  
A. Ivanko ◽  
А. Prystupa
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Public Management ◽  
Agricultural Sector ◽  
Social Innovation ◽  
Social Systems ◽  
National Level ◽  
Financial Strategy ◽  
Sustainable Economic Development ◽  
The World

Abstract. The concept of sustainable development is the main global challenge of the XXI century. The adoption of sustainable development goals at the UN Summit in 2015 outlined key strategic and operational goals for the world community until 2030. The conceptual goals of sustainable development of economic and social systems declared at the international level require the state authorities of the world to implement national strategies and relevant development programs. The article outlines the features of the paradigm of sustainable development for the agricultural sector, which are due to the importance of balanced functioning of economic, environmental, social, innovation and investment and the system of foreign economic relations of the agro-food sector in the economic complex of Ukraine. The economic, ecological and social expediency of the development of the agro-industrial branch is outlined. The advantages of the financial strategy as a holistic system, strategic and operational goals of the transition to integrated economic, social and environmental development of the country by 2030, which provides sustainable economic development in the agricultural sector for productive regional development and requires a defined national and regional program of stable functioning of the agricultural sector. It is investigated that the key tasks of sustainable economic development of Ukraine's agricultural sector are a fundamentally new structural policy, building its own food potential, overcoming the energy crisis, forming an effective institutional policy in the system of public management of sustainable agricultural development in the regional dimension. The author's structural scheme of grouping of objects and factors of management of sustainable development of the agricultural sector is offered. The sequence of assessing the level of sustainable development of the agricultural sector of Ukraine in the regional dimension is illustrated and determined in order to further the long-term implementation of the financial strategy of sustainable development at the national level. Keywords: strategy, financial strategy, sustainable development, sustainable economicdevelopment, agricultural sector.JEL Classification Q01, Q13, Q18Formulas: 0; fig.: 3; tabl.: 0; bibl.: 12.

scholarly journals GENEALOGY OF CONCEPTS OF SUSTAINABLE DEVELOPMENT AND INCLUSIVE ECONOMIC GROWTH

2020 ◽  
Vol 5 (2) ◽  
pp. 65-69
Author(s):  
Vladyslav Makhonin
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Development ◽  
Well Being ◽  
Evolutionary Approach ◽  
Economic Dynamics ◽  
Sustainable Economic Development ◽  
Perfect Model ◽  
World Economic ◽  
The 19Th Century

Given the ongoing reorientation of world economic dynamics from a model of sustainable economic development to a more perfect dialectically inclusive growth model, global scientific applied and theoretical thought requires a deeper understanding of the nature of these models of economic dynamics. Furthermore, a broader understanding of the nature and settings of the model of inclusive economic growth, declared by super-influential world institutions as the key social and economic modus of our time, should contribute to the improve-ment of its methodological aspect, which determines the success of the implementa-tion of the principles of inclusive economic growth in the policies of modern - both developed and developing - countries, as well as, thus, the level of well-being of the population. Applying the systemic and evolutionary approach, the author analyzed the interdisciplinary nature of the concepts of sustainable development and inclusive economic growth, as a result of which the multisystem historical origins of these concepts have been revealed and, thus, the understanding of the latter have been expanded. In particular, using the systemic and evolutionary approach, as well as relying on the works of the scientists mentioned below, specific examples in the development of science have been identified, which demonstrate the formation of a multisystem scientific paradigm in a period that spanned the gap on the historical canvas from the end of the 19th century to the middle of the 20th century. Accord-ing to the author, as well as a number of scientists, this paradigm has set the trend towards a multidisciplinary research. Based on the specific facts given in the article, in the author’s opinion, it was under the influence of the above tendency that a model of sustainable economic development emerged in the 1970s, and a dialectically more perfect model of inclusive economic growth appeared at the turn of the 20th and 21st centuries.

EMPOWERING WOMEN THROUGH ENTREPRENEURSHIP: ASPECTS AND APPROACHES

2014 ◽  
Vol 6 (01) ◽  
Author(s):  
JAVED ALAM SHEIKH
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Substantial Contribution ◽  
Economic Empowerment ◽  
World Population ◽  
Least Developed Countries ◽  
The Road ◽  
Road Map ◽  
The World ◽  
The Status

Almost 50 per cent of the world population is constituted by the women and they have been making substantial contribution to socio-economic development. But, unfortunately their tremendous contribution remains unrecognized and unnoticed in most of the developing and least developed countries causing the problem of poverty among them. Empowering women has become the key element in the development of an economy. With women moving forward, the family moves, the village moves and the nation moves. Hence, improving the status of women by way of their economic empowerment is highly called for. Entrepreneurship is a key tool for the economic empowerment of women around the world for alleviating poverty. Entrepreneurship is now widely recognized as a tool of economic development in India also. In this paper I have tried to discuss the reasons and role of Women Entrepreneurship with the help of Push and Pull factors. In the last I have also discussed the problems and the road map of Women Entrepreneurs development in India.

THE WORLD BANK ABOUT SOCIAL DEVELOPMENT: THE EVOLUTION OF APPROACHES

2021 ◽  
pp. 97-109
Author(s):  
Olga Pryazhnikova ◽  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Social Development ◽  
World Bank ◽  
Poverty Reduction ◽  
The World Bank ◽  
The World ◽  
Socio Economic Development ◽  
Global Agenda

The World Bank has made an important contribution to shaping the global agenda for reducing poverty, increasing prosperity and promoting sustainable development. The review examines the main milestones in changes of the World Bank’s activities in the field of social development. The evolution of the organization’s approaches to solving the problem of poverty reduction as one of the key obstacles to socio-economic development is outlined.

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