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Sustainable Development - The Premise of Economic Growth in Conditions of Globalization


  • Oana Chindris Vasioiu

    (Ecological University of Bucharest)

  • Madalina Cristina Tocan

    (Ecological University of Bucharest)


Sustainable development is a relatively new concept applied to economic growth, in order to take into account, primarily, ecological aspects at the level of the Planet. This new concept was imposed because the conventional economy progress cannot ensure the needs of millions of people and undermining the possibility of future generations and ensure. Vision on sustainable development strategies starts from the understanding that a country’s economy is more than the sum of components, that changes into a subsystem or another is liable to changes, overview by virtue of interdependence existing between its dynamic components. We need to market values, to serve the interests of the people, finding that paths that contribute to sustainable development. A sustainable economy will reconsider the important activities, which should be supported at the level of markets, those profitable both for employees and for the economy.

Suggested Citation

  • Oana Chindris Vasioiu & Madalina Cristina Tocan, 2017. "Sustainable Development - The Premise of Economic Growth in Conditions of Globalization," Working papers Globalization - Economic, Social and Moral Implications, April 2017 5, Research Association for Interdisciplinary Studies.
  • Handle: RePEc:smo:wpaper:5
    DOI: 10.5281/zenodo.581760

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    More about this item


    sustainable development; economic growth; globalization; economic strategy;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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