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In Search of Sustainable Economy Definition: A Qatari Perspective

Author

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  • Mishal J. Al-Thani

    (Division of Sustainable Development, College of Science and Engineering, Hamad Bin Khalifa University, Qatar Foundation, Education City, Doha P.O. Box 34110, Qatar)

  • Muammer Koç

    (Division of Sustainable Development, College of Science and Engineering, Hamad Bin Khalifa University, Qatar Foundation, Education City, Doha P.O. Box 34110, Qatar)

Abstract

This paper aims to assess Sustainable Economy (SE) features and validate them by using sustainability experts residing in Qatar to suggest an expanded and improved definition of SE. Fifteen features of SE have been identified via a comparative literature review and validated by sustainability experts in Qatar. The study significantly strengthens and validates the features of SE and provides analysis of some of these features by the authors. The paper suggests that SE should be defined as “a value-based, dynamic, and balanced economic system that meets the needs of all living species today while remaining within ecological and social boundaries, without compromising the system’s capacity to meet all future needs of all living species”. This is the only paper that uses Qatari experts to research SE features. The limitation of the research is the inclusion of a small sample size of experts within Qatar due to the limited number of experts in the field of sustainability and their willingness to participate.

Suggested Citation

  • Mishal J. Al-Thani & Muammer Koç, 2023. "In Search of Sustainable Economy Definition: A Qatari Perspective," Sustainability, MDPI, vol. 15(13), pages 1-15, June.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:10370-:d:1184130
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    References listed on IDEAS

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    1. Aila‐Leena Matthies & Jef Peeters & Tuuli Hirvilammi & Ingo Stamm, 2020. "Ecosocial innovations enabling social work to promote new forms of sustainable economy," International Journal of Social Welfare, John Wiley & Sons, vol. 29(4), pages 378-389, October.
    2. Herman E. Daly, 2014. "From Uneconomic Growth to a Steady-State Economy," Books, Edward Elgar Publishing, number 16030.
    3. Frederick Betz, 2013. "Modeling Sustainable Economy: Integrating Economic, Environmental, And Population Models," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-12.
    4. ., 2020. "Economic development in Europe and the United States," Chapters, in: The Rule of Law, Economic Development, and Corporate Governance, chapter 6, pages 149-177, Edward Elgar Publishing.
    5. Tim Jackson, 2011. "Societal transformations for a sustainable economy," Natural Resources Forum, Blackwell Publishing, vol. 35(3), pages 155-164, August.
    6. Giugale, Marcelo, 2014. "Economic Development: What Everyone Needs to Know," OUP Catalogue, Oxford University Press, number 9780199328147.
    7. Schmelzer, Matthias, 2015. "The growth paradigm: History, hegemony, and the contested making of economic growthmanship," Ecological Economics, Elsevier, vol. 118(C), pages 262-271.
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    Cited by:

    1. Mishal J. Al-Thani & Muammer Koç, 2024. "In Search of Sustainable Economy Indicators: A Comparative Analysis between the Sustainable Development Goals Index and the Green Growth Index," Sustainability, MDPI, vol. 16(4), pages 1-33, February.

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