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Conceptual Milestones of Sustainable Development Policy in a Global World

Florina Bran ()
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Florina Bran: Faculty of Agro-Food and Environmental Economics, Academy of Economic Studies, Bucharest, Romania

Journal of Knowledge Management, Economics and Information Technology, 2011, vol. 1, issue 5, 10

Abstract: Environmental degradation is another issue that highlighted the drawbacks of the highly promoted economic relations in the last two centuries. In conceptual terms its solution was found in a variety of models out of which only sustainable development became a widespread support for policy making. The paper examines how the basic underpinning stands compared with the actual policies framed at global level and which are the prospects of success in a world that is more and more influenced by globalization. It was found that widening the scope of economy could bring in progress toward sustainability, but this also supposes a shift in the drivers of demand from global to local.

Keywords: environmental degradation; sustainable development; globalization; natural capital; EKC (search for similar items in EconPapers)
Date: 2011
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