Journal de l'économie mondiale

Sustainability in Global Economics: Balancing Growth and Responsibility

Abstract

Ayhan Nadiri

Achieving sustainability in global economics requires a delicate balance between economic growth and environmental responsibility. This paper explores the evolving landscape of sustainable development, focusing on the interconnected challenges of resource management, economic stability, and social equity. It examines how traditional economic models are being reshaped to integrate environmental and social factors, acknowledging the limitations of purely growth-centric approaches. The role of businesses, governments, and international organizations in promoting sustainability is critically analyzed, highlighting the importance of collaborative efforts and policy interventions.

Case studies from various regions illustrate both successes and challenges in implementing sustainable practices. Moreover, the paper discusses the ethical dimensions of sustainable development, emphasizing the need for equitable distribution of resources and opportunities across global populations. Finally, it identifies future pathways for advancing sustainability in a rapidly changing world, emphasizing innovation, education, and inclusive decision-making processes as crucial elements in achieving long-term economic viability and environmental stewardship. Sustainability in Global Economics. Balancing Growth and Responsibility, investigates the intricate relationship between economic development and environmental stewardship in the context of the global economy. This paper explores the challenges and opportunities of achieving sustainable growth while ensuring environmental responsibility. Through a multidisciplinary lens, it examines the key factors influencing sustainability in global economics and proposes strategies for achieving a harmonious balance between growth and responsibility.