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SUSTAINABLE DEVELOPMENT PARADIGM - SYNOPSIS

Andreea Constantinescu () and Victor Platon ()

Annals of Faculty of Economics, 2014, vol. 1, issue 1, 116-124

Abstract: Even if sustainable development is a concept that gained quite recently its scientific prestige, through contribution of researchers its content has upgraded to a high degree of conceptual luggage and, through contribution from governance representatives, has gained an impressive good-practice background. Allowing the use of different methodological premises and conceptual tools, sustainable development paradigm is equipped with all the elements that would allow the opening of new horizons of knowledge. Based on the facility which can operate the concept of sustainable development, the European Union aims to develop both a more competitive economy based on environmental protection as well as a new governance of economic policy. This on one hand demonstrates the sustainable development ability to irradiate creativity towards the establishment of interdisciplinary bridges and on the other hand explains the growing interest of researchers interested in the problem of analyzing in detail this fruitful concept. Launched first as a theoretical framework to serve justify actions responsible for weighting economic growth, the concept of Sustainable Development has quickly become a topic of ethical debate circumscribed to the area of perfectibility of human nature to the necessity registry. In this regard, the philosophical content of this paradigm could not remain outside researchers concerns, who want to provide both policy makers and the general public a wide range of evidence to demonstrate the viability of this paradigm. Academia waits until maximization of the contribution of governance to achieve sustainable economic development, which consists in conjunction of this upward path with the momentum given by public policy sync, perfectly adapted for globalization era and all crises to come. However, because this concept based its structure and composition on three pillars, equally important economy, society and environment any attempt to strengthen and expand its epistemological foundation by highlighting not only its practical value but also the conceptual view, it is not strictly philosophy but rather an interdisciplinary vision, called to best respond to challenges of current issues. From this perspective, we argue here that assuming sustainable development principles in society leads to establishment of a comprehensive global peace regarding planet\'s resources. Therefore, in this paper we addressed both conceptual path of development and theoretical and practical implications of the paradigm of sustainable development and its implications for the controversy created around areas of application and that of actual interference with other key concepts involved in the study of development and competitiveness.

Keywords: economy; education; management and sustainable development philosophy (search for similar items in EconPapers)
JEL-codes: Q01 Q56 (search for similar items in EconPapers)
Date: 2014
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