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Sustainable Development Versus Sustainable Economic Growth –Conceptual Distinctions And Debates

Author

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  • OCOLISANU ANDREEA

    (LUCIAN BLAGA UNIVERSITY OF SIBIU)

  • DOBROTA GABRIELA

    (CONSTANTIN BRANCUSI UNIVERSITY OF TARGU-JIU)

Abstract

Sustainable development is a widely used concept, the defining status of which was marked by the Brundtland Report in 1987 and the Earth Summit in 1992, following research in response to environmental degradation and economic and social problems. Over time, the concept of sustainable development has undergone many different stages and conceptual approaches, which have been the subject of many papers. On the other hand, confusion has arisen between sustainable development and sustainable economic growth, as well as debates about the definition and feasibility of these goals. The concept of sustainable economic growth has been linked to rising consumption levels, which have led to environmental pressures and called for greater efficiency in the management of finite resources. The aim of this paper is to examine and relate these two concepts, identifying causallinks that stand out between them and more realistic approaches, anchored in today's reality and to help delineate the defining elements, so that decision makers act in the interest of the development of the whole society, by promoting some principles and establishing some strategies by reference to the relations and objectives imposed by the sustainable development and growth.

Suggested Citation

  • Ocolisanu Andreea & Dobrota Gabriela, 2020. "Sustainable Development Versus Sustainable Economic Growth –Conceptual Distinctions And Debates," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 87-94, October.
    • Handle: RePEc:cbu:jrnlec:y:2020:v:5:p:87-94
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    References listed on IDEAS

    as
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    3. Daly, Herman E., 1990. "Toward some operational principles of sustainable development," Ecological Economics, Elsevier, vol. 2(1), pages 1-6, April.
    4. Stavins, Robert N. & Wagner, Alexander F. & Wagner, Gernot, 2003. "Interpreting sustainability in economic terms: dynamic efficiency plus intergenerational equity," Economics Letters, Elsevier, vol. 79(3), pages 339-343, June.
    5. Schumpeter, Joseph A., 1947. "Theoretical Problems of Economic Growth," The Journal of Economic History, Cambridge University Press, vol. 7(S1), pages 1-9, January.
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