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e-book Sustainable Growth and Development in a Regional Economy

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Yet to make the most of this hard infrastructure, we need to focus on the softer elements as well. We must eliminate non-tariff measures and restrictive rules of origin, which weigh on trade and foreign direct investment. Automating trade, transit and investment procedures would also help.

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The electronic exchange of trade data and documents between the North and Central Asia could reduce trade costs by 25 percent. A United Nations treaty to facilitate cross border paperless trade in Asia and the Pacific has recently been agreed for this purpose. A sustainable future for countries in North and Central Asia will depend at least in part on a sustainable approach to transport infrastructure and trade facilitation. More hard infrastructure projects, consistent norms and standards, and harmonised legislative frameworks are needed so that companies can sell into new markets, expand and create jobs.

ESCAP is committed to supporting the intergovernmental work needed for such integration to occur, working with sub-regional organisations such the Eurasian Economic Union and the Shanghai Cooperation Organisation. Follow TheAstanaTimes. Economic integration: a driving force for sustainable development By Armida Salsiah Alisjahbana in Opinions on 13 May Leading thinkers from the world over gather at the Astana Economic Forum this week.

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The desired result is a state of society where living conditions and resources are used to continue to meet human needs without undermining the integrity and stability of the natural system. Sustainable development can be defined as development that meets the needs of the present without compromising the ability of future generations.

While the modern concept of sustainable development is derived mostly from the Brundtland Report , it is also rooted in earlier ideas about sustainable forest management and twentieth century environmental concerns. As the concept developed, it has shifted towards focus more on economic development , social development and environmental protection for future generations.

It has been suggested that "the term 'sustainability' should be viewed as humanity's target goal of human-ecosystem equilibrium , while 'sustainable development' refers to the holistic approach and temporal processes that lead us to the end point of sustainability".

Instead of holding climate change commitments and other sustainability measures as a drug [ vague ] to economic development, turning and leveraging them into market opportunities will do greater good. The concept of sustainable development has been, and still is, subject to criticism, including the question of what is to be sustained in sustainable development.

Good Gardening For A Perennial Economy: What’S The Optimal Growth Path For A Regional Economy?

It has been argued that there is no such thing as a sustainable use of a non-renewable resource , since any positive rate of exploitation will eventually lead to the exhaustion of earth's finite stock; [2] : 13 this perspective renders the Industrial Revolution as a whole unsustainable. Sustainability can be defined as the practice of maintaining world processes of productivity indefinitely—natural or human made—by replacing resources used with resources of equal or greater value without degrading or endangering natural biotic systems.

Sustainability science is the study of the concepts of sustainable development and environmental science. There is an additional focus on the present generations' responsibility to regenerate, maintain and improve planetary resources for use by future generations. Sustainable development has its roots in ideas about sustainable forest management which were developed in Europe during the 17th and 18th centuries.

In Hans Carl von Carlowitz , a senior mining administrator in the service of Elector Frederick Augustus I of Saxony published Sylvicultura oeconomica , a page work on forestry.


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Building upon the ideas of Evelyn and French minister Jean-Baptiste Colbert , von Carlowitz developed the concept of managing forests for sustained yield. This in turn influenced people like Gifford Pinchot , first head of the US Forest Service , whose approach to forest management was driven by the idea of wise use of resources, and Aldo Leopold whose land ethic was influential in the development of the environmental movement in the s.

ME&A | Why Is Local Economic Development (LED) Key to Sustainable Development?

Following the publication of Rachel Carson 's Silent Spring in , the developing environmental movement drew attention to the relationship between economic growth and development and environmental degradation. Kenneth E. Boulding in his influential essay The Economics of the Coming Spaceship Earth identified the need for the economic system to fit itself to the ecological system with its limited pools of resources.

Describing the desirable "state of global equilibrium", the authors wrote: "We are searching for a model output that represents a world system that is sustainable without sudden and uncontrolled collapse and capable of satisfying the basic material requirements of all of its people.

In the International Union for the Conservation of Nature published a world conservation strategy that included one of the first references to sustainable development as a global priority [13] and introduced the term "sustainable development". The report included what is now one of the most widely recognised definitions of sustainable development. Since the Brundtland Report, the concept of sustainable development has developed beyond the initial intergenerational framework to focus more on the goal of "socially inclusive and environmentally sustainable economic growth".

The action plan Agenda 21 for sustainable development identified information, integration, and participation as key building blocks to help countries achieve development that recognises these interdependent pillars. It emphasises that in sustainable development everyone is a user and provider of information. It stresses the need to change from old sector-centered ways of doing business to new approaches that involve cross-sectoral co-ordination and the integration of environmental and social concerns into all development processes.

Furthermore, Agenda 21 emphasises that broad public participation in decision making is a fundamental prerequisite for achieving sustainable development. Under the principles of the United Nations Charter the Millennium Declaration identified principles and treaties on sustainable development, including economic development , social development and environmental protection.

Broadly defined, sustainable development is a systems approach to growth and development and to manage natural, produced, and social capital for the welfare of their own and future generations.

The term sustainable development as used by the United Nations incorporates both issues associated with land development and broader issues of human development such as education, public health, and standard of living. A study concluded that sustainability reporting should be reframed through the lens of four interconnected domains: ecology, economics, politics and culture.

The goals are to be implemented and achieved in every country from the year to Education for Sustainable Development ESD is defined as education that encourages changes in knowledge , skills, values and attitudes to enable a more sustainable and equitable society. ESD aims to empower and equip current and future generations to meet the needs using a balanced and integrated approach to the economic , social and environmental dimensions of sustainable development.

The concept of ESD was born from the need for education to address the growing and changing environmental challenges facing the planet. In order to do this, education must change to provide the knowledge , skills, values and attitudes that empower learners to contribute to sustainable development. At the same time, education must be strengthened in all agendas, programmes, and activities that promote sustainable development.

Sustainable development must be integrated into education and education must be integrated into sustainable development. ESD promotes the integration of these critical sustainability issues in local and global contexts into the curriculum to prepare learners to understand and respond to the changing world. ESD aims to produce learning outcomes that include core competencies such as critical and systemic thinking , collaborative decision-making , and taking responsibility for the present and future generations.

Since traditional single-directional delivery of knowledge is not sufficient to inspire learners to take action as responsible citizens , ESD entails rethinking the learning environmen t, physical and virtual. The learning environment itself must adapt and apply a whole-institution approach to embed the philosophy of sustainable development.


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Building the capacity of educators and policy support at international, regional, national and local levels helps drive changes in learning institutions. Empowered youth and local communities interacting with education institutions become key actors in advancing sustainable development. The launch of the UN Decade of Education for Sustainable Development started a global movement to reorient education to address the challenges of sustainable development.

UNESCO has a major role, along with its partners, in bringing about key achievements to ensure the principles of ESD are promoted through formal, non-formal and informal education.

Local Economic Development (LED)

International recognition of ESD as the key enabler for sustainable development is growing steadily. The SDGs recognize that all countries must stimulate action in the following key areas - people, planet , prosperity, peace and partnership - in order to tackle the global challenges that are crucial for the survival of humanity.

ESD is explicitly mentioned in Target 4. Sustainable development, or sustainability, has been described in terms of three spheres, dimensions, domains or pillars, i. The three-sphere framework was initially proposed by the economist Rene Passet in The ecological stability of human settlements is part of the relationship between humans and their natural, social and built environments. Fundamental human needs such as the availability and quality of air, water, food and shelter are also the ecological foundations for sustainable development; [27] addressing public health risk through investments in ecosystem services can be a powerful and transformative force for sustainable development which, in this sense, extends to all species.

Environmental sustainability concerns the natural environment and how it endures and remains diverse and productive. Since natural resources are derived from the environment, the state of air, water, and the climate are of particular concern.

Alliance for the Sustainable Development of Central America

The IPCC Fifth Assessment Report outlines current knowledge about scientific, technical and socio-economic information concerning climate change , and lists options for adaptation and mitigation. This, for example, entails using water sustainably, utilizing renewable energy, and sustainable material supplies e. An unsustainable situation occurs when natural capital the sum total of nature's resources is used up faster than it can be replenished.

Sustainability requires that human activity only uses nature's resources at a rate at which they can be replenished naturally. Inherently the concept of sustainable development is intertwined with the concept of carrying capacity. Theoretically, the long-term result of environmental degradation is the inability to sustain human life. Such degradation on a global scale should imply an increase in human death rate until population falls to what the degraded environment can support. Integral elements for a sustainable development are research and innovation activities.

A telling example is the European environmental research and innovation policy , which aims at defining and implementing a transformative agenda to greening the economy and the society as a whole so to achieve a truly sustainable development. Research and innovation in Europe is financially supported by the programme Horizon , which is also open to participation worldwide.

Pollution of the public resources is really not a different action, it just is a reverse tragedy of the commons, in that instead of taking something out, something is put into the commons. When the costs of polluting the commons are not calculated into the cost of the items consumed, then it becomes only natural to pollute, as the cost of pollution is external to the cost of the goods produced and the cost of cleaning the waste before it is discharged exceeds the cost of releasing the waste directly into the commons.

So, the only way to solve this problem is by protecting the ecology of the commons by making it, through taxes or fines, more costly to release the waste directly into the commons than would be the cost of cleaning the waste before discharge. So, one can try to appeal to the ethics of the situation by doing the right thing as an individual, but in the absence of any direct consequences, the individual will tend to do what is best for the person and not what is best for the common good of the public.

Once again, this issue needs to be addressed. Because, left unaddressed, the development of the commonly owned property will become impossible to achieve in a sustainable way. So, this topic is central to the understanding of creating a sustainable situation from the management of the public resources that are used for personal use.