Sustainable Development
Sustainable development in developmental economics refers to a growth model that seeks to meet the needs of the present without compromising the ability of future generations to meet their own needs. It integrates economic growth, environmental protection, and social equity. This means creating economic opportunities while ensuring natural resources are preserved and communities are treated fairly. By balancing these factors, sustainable development aims to create a stable and resilient society that can thrive over the long term, addressing both current challenges and future risks.
Additional Insights
-
Sustainable development is a holistic approach to growth that meets the needs of the present without compromising the ability of future generations to meet their own needs. It integrates economic progress, environmental protection, and social equity to create balanced development. This means using resources efficiently, preserving ecosystems, and ensuring all people have access to basic needs and opportunities. By fostering innovation and reducing waste, sustainable development aims to build a healthier, fairer world where both people and the planet can thrive together over the long term.
-
Sustainable development is a way of meeting our current needs without compromising the ability of future generations to meet theirs. It balances economic growth, social inclusion, and environmental protection. This means using resources wisely, reducing waste, and ensuring that everyone has access to basic needs like food, education, and healthcare. By promoting practices that protect the planet and support societal well-being, sustainable development aims to create a world where people can thrive today and in the future, fostering a healthy environment and equitable opportunities for all.