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Challenges of Asian Models and Values for Sustainable Development

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  • Yongrok Choi

    (Department of International Trade, Inha University, 100 Inha-ro, Nam-gu, Incheon 402-751, Korea)

Abstract

Northeast Asia is one of the most dynamic regions in the global economy in its dynamic change in the economic scape as well as in the challenge of environmental issues. In particular, many countries in Asia have experienced transitional challenges from a quantitative, GDP-oriented economic development toward environmental-friendly, sustainable development. The quality of the life became much more important for government policies, also fueled by the demand from the private sector. Nonetheless, these countries are experiencing much more severe and sarcastic skepticism in response to government policies, resulting in a lack of effective governance. The Sustainable Asia Conference (SAC) has promoted the importance of these challenges for 10 years since its inauguration in 2009. The major consensus on sustainable development reached at the conference may come from innovation in the positive-sum game approach to environmentally friendly development and sustainable governance in order for the initial innovation to be put into effect. Moreover, due to the complicated and complex process of solving environmental challenges, the countries in this region should cooperate with strong partnerships as well as open connectivity. Therefore, all the countries should participate in the project not as helpers, but as partners to create and share value through regional cooperation.

Suggested Citation

  • Yongrok Choi, 2019. "Challenges of Asian Models and Values for Sustainable Development," Sustainability, MDPI, vol. 11(5), pages 1-7, March.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:5:p:1497-:d:213137
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    References listed on IDEAS

    as
    1. Yongrok Choi, 2018. "The Asian Values of Guānxì as an Economic Model for Transition toward Green Growth," Sustainability, MDPI, vol. 10(7), pages 1-20, June.
    2. Yongrok Choi, 2018. "Regional Cooperation for the Sustainable Development and Management in Northeast Asia," Sustainability, MDPI, vol. 10(2), pages 1-8, February.
    3. Du, Minzhe & Wang, Bing & Zhang, Ning, 2018. "National research funding and energy efficiency: Evidence from the National Science Foundation of China," Energy Policy, Elsevier, vol. 120(C), pages 335-346.
    4. Delian Feng & Qun Chen & Malin Song & Lianbiao Cui, 2019. "Relationship Between the Degree of Internationalization and Performance in Manufacturing Enterprises of the Yangtze River Delta Region," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 55(7), pages 1455-1471, May.
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    Cited by:

    1. Yongrok Choi, 2020. "Optimal Transition toward Innovation-led Sustainable Governance under the 2020 Paris Regime," Sustainability, MDPI, vol. 12(4), pages 1-6, February.
    2. Yong Jae Shin & Yongrok Choi, 2019. "Feasibility of the Fintech Industry as an Innovation Platform for Sustainable Economic Growth in Korea," Sustainability, MDPI, vol. 11(19), pages 1-21, September.
    3. Yongrok Choi & Hua Wen & Hyoungsuk Lee & Hang Yang, 2020. "Measuring Operational Performance of Major Chinese Airports Based on SBM-DEA," Sustainability, MDPI, vol. 12(19), pages 1-17, October.
    4. Chen, Shih-Chih & Jiang, Wei & Ma, Yin, 2020. "Decent work in a transition economy: An empirical study of employees in China," Technological Forecasting and Social Change, Elsevier, vol. 153(C).

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