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Economic Sustainability: Concepts And Indicators

Author

Listed:
  • Davies, Arthur

    (University of Cardiff; Business Adviser to Welsh Assembly Government)

Abstract

When confronting fundamental challenges such as climate change, population growth, human rights and resource constraints – businesses and public sector organizations face a daunting new imperative. It is an axiom of current business thought and practice in most Western European enterprises that they must use fewer resources to produce their goods and services – a responsible use of those resources that benefit society and the environment and still meet their traditional demands: from customers and citizens for price, quality and availability; from shareholders for outstanding performance and returns; and from politicians for economic growth and prosperity in both developed and developing economies.

Suggested Citation

  • Davies, Arthur, 2009. "Economic Sustainability: Concepts And Indicators," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(1), pages 87-98.
    • Handle: RePEc:ris:sphecs:0008
    as

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    File URL: http://www.manecognitiva.ro/jurnals/spiru-haret-economics/2009/vol9/8-davies.pdf
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    More about this item

    Keywords

    system analysis; economic sustainability; drivers for change; Strategic options; high performance; performance anatomy;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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