Sustainable Development - The Premise of Economic Growth in Conditions of Globalization

Oana Chindris-Vasioiu and Madalina Tocan

No 5, Working papers Globalization - Economic, Social and Moral Implications, April 2017 from Research Association for Interdisciplinary Studies

Abstract: Sustainable development is a relatively new concept applied to economic growth, in order to take into account, primarily, ecological aspects at the level of the Planet. This new concept was imposed because the conventional economy progress cannot ensure the needs of millions of people and undermining the possibility of future generations and ensure. Vision on sustainable development strategies starts from the understanding that a country’s economy is more than the sum of components, that changes into a subsystem or another is liable to changes, overview by virtue of interdependence existing between its dynamic components. We need to market values, to serve the interests of the people, finding that paths that contribute to sustainable development. A sustainable economy will reconsider the important activities, which should be supported at the level of markets, those profitable both for employees and for the economy.

Keywords: sustainable development; economic growth; globalization; economic strategy (search for similar items in EconPapers)
JEL-codes: O44 Q01 (search for similar items in EconPapers)
Date: 2017-01
New Economics Papers: this item is included in nep-env
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Published in Conference proceedings Globalization - Economic, Social and Moral Implications, April 2017, pages 42-51

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Persistent link: https://EconPapers.repec.org/RePEc:smo:wpaper:5

DOI: 10.5281/zenodo.581760

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