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Fast and Sustainable Development Space: An Integrated Approach

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  • Ly Dai Hung

Abstract

The article investigates the fast and sustainable development, then, discusses some policy implications to enhance the development process. The fast development is accessed by the economic growth rate combined with income distribution, while the sustainable development is accessed by the genuine savings per gross domestic product (GDP) and the biocapacity reserve. The research method employs a quantitative analysis on a data sample of 172 economies over the period 1990–2019. The results in this article suggest that an economy can first attain the objective of fast and weak sustainable development, then, the fast and strong sustainable development. The transmission from fast and weak sustainable development to the fast and strong sustainable development is difficult, thus needs the appropriated public policy architecture. JEL Classification: Q01, C31, H31

Suggested Citation

  • Ly Dai Hung, 2022. "Fast and Sustainable Development Space: An Integrated Approach," Journal of Asian Economic Integration, , vol. 4(1), pages 72-91, April.
    • Handle: RePEc:sae:jfasei:v:4:y:2022:i:1:p:72-91
    DOI: 10.1177/26316846221079063
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    Cited by:

    1. Ly Dai Hung, 2022. "Fast and Sustainable Development in Digital Revolution: An Application of Kuznets Curve," Working Papers hal-03863049, HAL.

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    More about this item

    Keywords

    Fast and sustainable development; cross-section analysis; public policy;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household

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