 SUSTAINABLE DEVELOPMENT, A MULTIDIMENSIONAL CONCEPTTeodorescu Ana Maria
Annals - Economy Series, 2015, vol. Special, 82-86 Abstract: Sustainable development imposed itself as a corollary of economic term "development". Sustainable development is meant to be the summation of economic, environmental and social considerations for the present and especially for the future. The concept of sustainable development plays an important role in european and global meetings since 1972, the year it has been set for the first time. Strategies necessary to achieve the objectives of sustainable development have been developed, indicators meant to indicate the result of the implementation of policies have been created, national plans were oriented towards achieving the proposed targets. I wanted to highlight the multidimensional character of the concept of sustainable development. Thus, using specialized national and international literature, I have revealed different approaches of one pillar to the detriment of another pillar depending on the specific field. In the different concepts of sustainable development, the consensus is undoubtedly agreed on its components: economic, social, environmental. Based on this fact, the concept of sustainability has different connotations depending on the specific content of each discipline: biology, economics, sociology, environmental ethics. The multidimensional valence of sustainable development consists of three pillars ability to act together for the benefit of present and future generations. Being a multidimensional concept, importance attached to a pillar over another is directed according to the particularities of each field: in economy profit prevails, in ecology care of natural resources is the most important, the social aims improving human living conditions. The challenge of sustainable development is to combine all the economic, environmental and social benefits and the present generation to come. Ecological approach is reflected in acceptance of limited natural resources by preserving natural capital. In terms of the importance of environmental pillar, the genesis of the concept should be considered. „Ecodevelopment” term stated in the World Conference on Environment in Stockholm in 1972 underlies sustainable development. Social approach implies eradicate poverty, providing better living conditions in terms of education, income, and the environment. When a nation's standard of living is high, also cares for the environment is high. This is one relation between social and environment pillars. Regarded from an economic perspective, sustainable development implies a maximum profit in terms of satisfaction other pillars of sustainability: pillar environment by preserving natural capital and social pillar by increasing welfare, employment insurance, respecting the principle of equity. On perspective economy-environment relationship, sustainable development is not quantity but quality. Regardless of the approach, sustainable development requires simultaneously ensuring of economic development, environmental protection and social welfare, resulting interrelationship between the three pillars: social, economic, environmental. Sustainable development through its components - economic and environmental - has only one beneficiary - the human factor who receives income, good quality environmental factors, and enjoys equity generations. Keywords: sustainable development; economy; quality of life; environmental protection; social equity (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2015:v:special:p:82-86 Access Statistics for this article More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC. |
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