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ECONOMIC SUSTAINABILITY: CONCEPTS AND INDICATORS

Arthur Davies ()
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Arthur Davies: University of Cardiff; Business Adviser to Welsh Assembly Government

Annals of Spiru Haret University, Economic Series, 2009, vol. 1, issue 1, 87-98

Abstract: When confronting fundamental challenges such as climate change, population growth, human rights and resource constraints – businesses and public sector organizations face a daunting new imperative. It is an axiom of current business thought and practice in most Western European enterprises that they must use fewer resources to produce their goods and services – a responsible use of those resources that benefit society and the environment and still meet their traditional demands: from customers and citizens for price, quality and availability; from shareholders for outstanding performance and returns; and from politicians for economic growth and prosperity in both developed and developing economies.

Keywords: system analysis; economic sustainability; drivers for change; Strategic options; high performance; performance anatomy (search for similar items in EconPapers)
JEL-codes: Q01 (search for similar items in EconPapers)
Date: 2009
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