GET THE APP

..

Business and Economics Journal

ISSN: 2151-6219

Open Access

Sustainable Development and Economics: Balancing Growth with Environmental Concerns

Abstract

Fanchao Yu*

In an era marked by environmental challenges and global economic aspirations, the concept of sustainable development has emerged as a critical framework for harmonizing economic growth with environmental preservation. It calls for a balanced approach that addresses the urgent need for economic progress while safeguarding the planet's resources and ecosystems for future generations. This article explores the intricate relationship between sustainable development and economics, delving into the challenges, strategies, and benefits of achieving this delicate balance. Sustainable development, as defined by the Brundtland Commission in 1987, is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It integrates economic, social, and environmental dimensions, acknowledging that these aspects are interconnected and interdependent.

HTML PDF

Share this article

Google Scholar citation report
Citations: 6451

Business and Economics Journal received 6451 citations as per Google Scholar report

Business and Economics Journal peer review process verified at publons

Indexed In

 
arrow_upward arrow_upward