Text
SUSTAINABLE DEVELOPMENT CRITICAL ISSUES
Chapter 1. Economic, Environmental, and Social Trends
Driven by technological advances and global integration, the strong economic growth experienced over the last century has been accompanied by gains in material welfare in all parts of the world. World GDP is projected to expand by 75% between 1995-2020, bringing with it increased pressures on environmental and social resources. Governments pursuing sustainable development face the challenge of discerning how best to balance the challenges and opportunities of growth and to decouple economic growth from environmental pressures. Given the global nature of many of the most pressing development challenges such as climate change it is imperative that countries build strong coalitions to address issues of common concern, and that they adapt institutions and decision making processes to ever-increasing globalization. This chapter provides an overview of some key economic, environmental and social trends important to sustainable development and discusses the challenges they pose for the wellbeing of current and future generations.
Chapter 2. Key Features and Principles
Seeking to link and prioritise among aspirations pertaining to human welfare, the sustainable development perspective stresses the long-term compatibility between the economic, environmental and social dimensions of development, while acknowledging possible competition across these areas in the shorter term. Addressing the objectives of sustainable development necessitates the institutional and technical capacity to assess the economic, environmental, and social implications of development strategies and to formulate and implement appropriate policy responses. This chapter describes the key features and principles of sustainable development, examining the concepts of need, capital, and productivity. It also looks at the role of technological progress, resource substitution, alternate capital valuation, and better provision and pricing mechanisms of public goods in enhancing the productivity of existing assets. With corrected market signals and incentives to modify behaviour in line with sustainability, policy makers can secure more efficient resource use, meaning higher overall welfare and equity today and in the future.
Chapter 3. Measurement
The broadness of the sustainable development agenda, combined with the difficulty of calculating such things as the potential satisfaction of future needs or the future impact of current actions, poses a significant challenge for measurement. The transnational dimension of key threats to sustainability, which renders monitoring difficult, further complicates this problem. Two basic questions inform this discussion: What is meant by needs? And what is required to ensure that these are being met? This chapter attempts to describe the role of measurement in answering these questions, examining various accounting and analytical frameworks used to organise data on sustainable development. In doing so, it addresses the need for an integrated information set on long-term sustainability issues in the formulation and monitoring of policy. The preliminary set of indicators elaborated here should serve as a basis for the further development of measurement frameworks that can adequately account for the multidimensional elements of sustainable development.
| 000393 | 333.715 OEC S | My Library (300) | Tersedia |
Tidak tersedia versi lain