Sustainable Development - The Premise of Economic Growth in Conditions of Globalization

Sustainable development is a relatively new concept applied to economic growth, in order to take into account, primarily, ecological aspects at the level of the Planet. This new concept was imposed because the conventional economy progress cannot ensure the needs of millions of people and undermining the possibility of future generations and ensure.
2 years ago

Authors: Oana Chindriş-Văsioiu and Mădălina Cristina Tocan

 

Content Provider: Zenodo

 

Abstract
 
Sustainable development is a relatively new concept applied to economic growth, in order to take into account, primarily, ecological aspects at the level of the Planet. This new concept was imposed because the conventional economy progress cannot ensure the needs of millions of people and undermining the possibility of future generations and ensure. Vision on sustainable development strategies starts from the understanding that a country’s economy is more than the sum of components, that changes into a subsystem or another are liable to changes, overview by virtue of interdependence existing between its dynamic components. We need to market values, to serve the interests of the people, finding that paths that contribute to sustainable development. A sustainable economy will reconsider the important activities, which should be supported at the level of markets, those profitable both for employees and for the economy. 
 
Article published under license Creative Commons Attribution 4.0

Illustration Photo: The Earthship, the first built in the UK, is an experimental sustainable development which includes the following features: photovoltaic solar cells, collection of rainwater from the roof, a windmill, using the thermal storage property of the ground (by building "hobbit like" into a hillside), reuse of rubber tires as a building material for the walls. (credits: Dominic Alves / Flickr Attribution 2.0 Generic (CC BY 2.0))

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