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Growth, development and sustainability

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  • Ph.D. Irina-Virginia Dragulanescu
  • Ph.D. Natalia Dragulanescu

Abstract

Describing the relationship of interdependence through the materials balance, will be argued how the economy is a subset of the environment and the environment the natural limit to any economic initiative, or the limits imposed by the laws of thermodynamics. The theoretical debate moves, then, from the concept of growth to that of development, understood this in its three dimensions: economic, social, environmental. Bring the different environmental positions in four versions of sustainability, with the gained awareness that it?s ?a spectrum of overlapping sustainability positions from very weak to very strong?.

Suggested Citation

  • Ph.D. Irina-Virginia Dragulanescu & Ph.D. Natalia Dragulanescu, 2013. "Growth, development and sustainability," International Journal for Responsible Tourism, Fundatia Amfiteatru, vol. 2(4), pages 36-47, November.
    • Handle: RePEc:amf:ijrtfa:v:2:y:2013:i:4:p:36-47
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    References listed on IDEAS

    as
    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Robert U. Ayres & Jeroen C.J.M. van den Bergh & John M. Gowdy, 1998. "Viewpoint: Weak versus Strong Sustainability," Tinbergen Institute Discussion Papers 98-103/3, Tinbergen Institute.
    3. Hediger, Werner, 2000. "Sustainable development and social welfare," Ecological Economics, Elsevier, vol. 32(3), pages 481-492, March.
    4. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
    5. Solow, Robert M, 1986. " On the Intergenerational Allocation of Natural Resources," Scandinavian Journal of Economics, Wiley Blackwell, vol. 88(1), pages 141-149.
    6. Barbier, Edward B & Markandya, Anil & Pearce, David W, 1990. "Sustainable Agricultural Development and Project Appraisal," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 17(2), pages 181-196.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    growth; development; approaches to Sustainable Development; capital; stock;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • Q59 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Other

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