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The Objectives of Sustainable Development - Ways to Achieve Welfare
Procedia Economics and Finance
4th World Conference on Business, Economics and Management (WCBEM-2015)
Short Title: Procedia Economics and Finance
Format: Journal Article
Publication Date: 2015/01/01/
Pages: 812 - 817
Sources ID: 80576
Visibility: Public (group default)
Abstract: (Show)
A sustainable development must be backed up by economical growth, in line with the requirments for ecological balance and the entire human development. Regarding sustainable development, there are several relevant conclusions. These are: sustainable development is a global aim; analysis of sustainable development implies a systematical approach of the economico-social-ecological three-way system; sustainable development implies a profund change in the mentality of the social system. Therefore, the acceptance of sustainable development ideas is heavily required by the recognition of the fact that the past models for economical growth, all have limitations and flaws.As an answer for the above conclusions, it can attach three categories of economical objectives to sustainable development. These objectives are: economical objectives, social objectives (welfare and equity) and ecological objectives (biodiversity and resources).