The Concept of Sustainable Development: From Rio to Ethics

Masudul Choudhury
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Masudul Choudhury: Director. Center of Humanomics University College of Cape Breton Sydney, Nova Scotia CANADA BIP6L2

Jurnal Ekonomi Malaysia, 1994, vol. 28, 69-92

Abstract: The traditional concept of sustainable development arising from the Brundtland Report and as a process model of development in South Commission Report, are critically examined. The Earth Summit’s rulings on sustainable development are critically examined in regards to their neoclassical features. Comparative economic and epistemo- logical grounds are invoked to question thefunctional viability and the theoretical foundations of the enunciations made by Agenda 2I and by the supporting outlooks of the United Nations and Bretton Woods institutions on sustainable development post-Rio. These theoretical and critical investigations are then made to evolve the concept of sustainable development toward an ethical orientation within an endogenous framework of ethics in economic theory and the development process. A comparative examination of recent studies on sustainable development for Malaysia post-Rio is made in light of the globally interactive world view of the polity-market model reflecting endogeneity of ethics. Such a process is introduced as the central view of endogenous ethics prevailing in a substantive meaning of sustainability.

Date: 1994
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