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Fast and Sustainable Development Space: An Integrated Approach

Ly Hung ()

Journal of Asian Economic Integration, 2022, vol. 4, issue 1, 72-91

Abstract: The article investigates the fast and sustainable development, then, discusses some policy implications to enhance the development process. The fast development is accessed by the economic growth rate combined with income distribution, while the sustainable development is accessed by the genuine savings per gross domestic product (GDP) and the biocapacity reserve. The research method employs a quantitative analysis on a data sample of 172 economies over the period 1990–2019. The results in this article suggest that an economy can first attain the objective of fast and weak sustainable development, then, the fast and strong sustainable development. The transmission from fast and weak sustainable development to the fast and strong sustainable development is difficult, thus needs the appropriated public policy architecture. JEL Classification: Q01, C31, H31

Keywords: Fast and sustainable development; cross-section analysis; public policy (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1177/26316846221079063

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