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Green Growth, Green Economy and Sustainable Development: Terminological and Relational Discourse

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  • Armand Kasztelan

Abstract

The purpose of the survey and to some extent polemical article is to present the issue of green growth, a new operating strategy, which the OECD is currently working on. Green growth is seen as a practical tool for achieving the timeless objective, which is sustainable development. In the paper, a particular attention is put on the following question: what kind of relationship occurs between green growth, green economy and sustainable development. The author analyses the purpose of simultaneous functioning of the three "green" ideas. The added value of this paper is a presentation of the author's model of GG-GE-SD relations and a new approach to defining the phenomenon of green growth. It is concluded that co-existence of the trio green economy - green growth - sustainable development is reasonable due to the complementary and synergistic nature of correlations between these concepts.

Suggested Citation

  • Armand Kasztelan, 2017. "Green Growth, Green Economy and Sustainable Development: Terminological and Relational Discourse," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(4), pages 487-499.
    • Handle: RePEc:prg:jnlpep:v:2017:y:2017:i:4:id:626:p:487-499
    DOI: 10.18267/j.pep.626
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    References listed on IDEAS

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    1. Edward Barbier, 2011. "The policy challenges for green economy and sustainable economic development," Natural Resources Forum, Blackwell Publishing, vol. 35(3), pages 233-245, August.
    2. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    3. Michael Jacobs, 2012. "Green Growth: Economic Theory and Political Discourse," GRI Working Papers 92, Grantham Research Institute on Climate Change and the Environment.
    4. Reilly, John M., 2012. "Green growth and the efficient use of natural resources," Energy Economics, Elsevier, vol. 34(S1), pages 85-93.
    5. Abdelillah Hamdouch & Marc-Hubert Depret, 2010. "Policy integration strategy and the development of the 'green economy': foundations and implementation patterns," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 53(4), pages 473-490.
    6. Jan‐Erik Lane, 2010. "The crisis from the point of view of evolutionary economics," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 37(6), pages 466-471, May.
    7. World Bank, 2012. "Inclusive Green Growth : The Pathway to Sustainable Development," World Bank Publications - Books, The World Bank Group, number 6058, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    green growth; green economy; sustainable development; OECD; UNEP;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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