Difference Between Economic Development And Sustainable Development – Copyright © 2014 Michael Herrmann. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. In accordance with the Creative Commons Attribution License, all copyright © 2014 reserved for and the owner of the intellectual property Michael Herrmann. All copyright © 2014 are protected by law and by as guardians.

The greatest challenge of the century is to meet the needs of current and future generations, of a large and growing world population, while at the same time ensuring the sustainability of the natural environment. The current development model puts unsustainable pressure on natural resources – forests, land, water and the atmosphere – and causes an increasing frequency and intensity of natural and humanitarian disasters. The paper agrees with mounting evidence that business-as-usual is not an option, but it takes issue with many of the proposed policy responses. Human well-being is inextricably linked to economic growth, and economic growth inevitably has environmental implications. Although it is impossible to decouple these connections, countries can promote more sustainable development paths by changing these connections. To this end, they have three main policy levers that must complement each other: efforts to promote more inclusive economic growth, efforts to increase resource efficiency, and efforts to address and benefit from demographic change. The paper has important implications for the discussions on sustainable development goals and the post-2015 development agenda taking place at the United Nations.

Difference Between Economic Development And Sustainable Development

People are the central concern of sustainable development (Rio Declaration of 1992, principle 1), and their well-being should be our common starting point in this discussion [1]. Regardless of the definition and measurement of human well-being, it is associated with the enjoyment of essential goods and services. In this sense, economic growth is an essential means of social progress, and environmental damage is an unintended effect of economic growth. Sustainable development strategies must seek to strengthen the contribution of economic growth to social development while reducing the impact of economic growth on the environment. These connections are illustrated schematically in Chart 1.

Planning For Sustainable Development

The greatest challenge of this century is to promote the well-being of current and future generations, of a large and growing world population, without putting unsustainable pressure on the natural environment. The world population reached the 7 billion mark in 2011 and according to the medium version of population projections published by the United Nations Population Division, the world population will grow to over 9 billion by 2050 [2]. Accordingly, between now and 2050, almost as many people will be added to the planet as were inhabited as recently as 1950.

The projected growth of world population masks significant differences between countries. At one extreme of the spectrum are the countries in sub-Saharan Africa and South Asia, where fertility is still high and populations continue to grow rapidly; on the other are advanced countries in Europe and East Asia, where fertility is relatively low and populations are aging. However, while the least developed countries are most directly challenged by high population growth, all countries feel its effects. The world is not just bound

Together through trade and financial flows, but also through demographic and environmental change. Efforts to meet rapidly growing demand for water, food and energy, for example, will affect prices, production and natural resources in all countries. Likewise, failure to meet people’s needs, reduce poverty, raise living standards and ensure greater equality will threaten stability, security and sustainability throughout the world. Addressing population dynamics requires not only the political will of the countries where they occur, but also adequate support from their development partners.

In its first section, the paper outlines the fundamental connections between social, economic and ecological change, and in its second section it shows how these connections play out in the world’s least developed countries. Against this background, the paper discusses the imperative for greener and more inclusive economic growth, as well as the need for rights-based population policies.

Environment And Sustainable Development

Globally, about 1 in 6 people continue to live in extreme poverty on less than $1.25 a day in purchasing power parities

, and around 1 in 8 people still go to bed hungry [7]. Many suffer from food insecurity and live in slums, and millions cannot find productive and remunerative jobs and therefore have inadequate household income, and access to essential goods and services. Meet the needs of the people who currently inhabit the planet – especially the poor who suffer from material deprivations that not only reduce the quality of life but effectively shorten their life expectancy and cause physical and mental harm – and the people who be added to it. the planet is the most significant development challenge. Meeting it requires a more balanced distribution of economic resources, especially as inequalities and inequalities continue to increase, but also requires higher and more sustainable production growth.

Today, for example, food security is still primarily a question of distribution and access—the ability of households to go to a market and buy the food they need—but food security is fast becoming a question of availability – the capacity of the world economy to produce enough food to feed a growing world population. Feeding a world population of 9 billion requires that agricultural production increase by about 70 percent over current levels, according to a recent study by the FAO [8, 9]. But what is needed is not only a higher production of the agricultural sector, but also an increasing production of other goods and services. More people also need, among other things, more water and energy, clothing, housing and infrastructure, health and education.

It is an even greater challenge to meet the needs of a large and growing world population without causing unsustainable environmental damage. Nothing can be produced from nothing, and everything that is produced will change to environment. This also applies to apparently non-material goods such as knowledge, and services such as education and health care. Knowledge often depends on resource-intensive research and development; Education requires books, computers and stationary; Healthcare is unthinkable without medical machines and pharmaceutical industries; and either requires physical infrastructure. The production of goods and services inevitably depends on the transformation of natural resources. This will put increasing pressure on all natural resources, including water, land, forests and the climate, which are an essential as well as finite basis of life. Failure – the continuation of business as usual – is not an option. It would lead to rising poverty and inequalities, or lead to unstoppable environmental degradation, and either would ultimately end in unimaginable humanitarian crises. Human kind has maneuvered itself between a rock and a hard place, but still has choices (Diagram 1).

Solution: Green Skills 2

Although the world’s least developed countries have the highest population growth, they have so far contributed the least to global greenhouse gas emissions. However, it would be hasty to conclude that population growth does not matter for greenhouse gas emissions, or that population growth does not have a wider environmental impact. The reason why the least developed countries have so far contributed little to global greenhouse gas emissions is mainly attributed to the fact that a large part of their populations continue to live in extreme poverty.

It is population growth paired with the effort to reduce poverty and ensure adequate living conditions that lead to increasing pressure on the atmosphere and other natural resources. The least developed countries face the biggest challenges

Many people in the least developed countries of the world are unable to meet even their basic needs. Many cannot put food on the table or put their children through school; many lack access to water and energy, sanitation and housing. Furthermore, while a relatively small proportion of their population is directly unemployed, mainly due to the lack of (sufficient) unemployment benefits, the vast majority of their populations have unproductive or precarious jobs and suffer from underemployment or vulnerable employment. In the least developed countries today, about 80 percent of the people who work are only vulnerable and no less than 60 percent live in extreme poverty despite their work [11]. These countries face a dire employment deficit, and employment demand will continue to grow in the coming decades. Between 2050, its population will double, its working-age population will increase by about 16 million people per year, and its labor force will grow by about 33,000 young people every day [12].

Meeting the needs of the current and future population for goods, services and employment – which depend on higher economic output – while ensuring a sustainable use of natural resources has become today’s greatest development challenge. in rainfall and an increase in desertification affecting agriculture. But the pressure on agricultural land, forests and water resources is not only due to climate change caused elsewhere; they are also attributable

Driving The New Development Agenda: What Is The Role Of Financial Inclusion?

What are the difference between economic growth and economic development, environmentally sustainable economic development, what is the difference between economic development and sustainable development, difference between renewable and sustainable energy, difference between economic growth and economic development pdf, difference between human development and economic development, difference between sustainability and sustainable development, difference between economic growth and economic development, difference between economics growth and economic development, sustainable development and economic growth, economic and sustainable development, sustainable economic development