Artikel

Environmentally Sustainable Economic Growth

Economic growth and sustainable development are important issues for social prosperity. Sustainable development strives for moderate and responsible use within the economic activity of the limited resources of our planet, whereas economic growth does not limit the resource exploitation and energy, being mainly focused on productivity increase. From this perspective, both conceptual and operational contradictions occur between the two pillars of prosperity. This paper looks to these contradictions and proposes some streams of intervention such as economic growth and environmental sustainability to operate in harmony. A structured framework for innovative problem solving is considered in this respect. Results of this research show that it is possible to induce smart measures in the economic system for directing businesses towards new paradigms where economic growth is possible without negative effects on environmental sustainability.

Language
Englisch

Bibliographic citation
Journal: Amfiteatru Economic Journal ; ISSN: 2247-9104 ; Volume: 18 ; Year: 2016 ; Issue: 42 ; Pages: 446-460 ; Bucharest: The Bucharest University of Economic Studies

Classification
Wirtschaft
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Sustainable Development
Subject
economic competitiveness
economic growth
sustainable development
innovation policy
prosperity

Event
Geistige Schöpfung
(who)
Brad, Stelian
Mocan, Bogdan
Brad, Emilia
Fulea, Mircea
Event
Veröffentlichung
(who)
The Bucharest University of Economic Studies
(where)
Bucharest
(when)
2016

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Brad, Stelian
  • Mocan, Bogdan
  • Brad, Emilia
  • Fulea, Mircea
  • The Bucharest University of Economic Studies

Time of origin

  • 2016

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