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Environmentally Sustainable Economic Growth

Author

Listed:
  • Stelian Brad

    (Universitatea Tehnica din Cluj-Napoca, România)

  • Bogdan Mocan

    (Universitatea Tehnica din Cluj-Napoca, România)

  • Emilia Brad

    (Universitatea Tehnica din Cluj-Napoca, România)

  • Mircea Fulea

    (Universitatea Tehnica din Cluj-Napoca, România)

Abstract

Economic growth and sustainable development are important issues for social prosperity. Sustainable development strives for moderate and responsible use within the economic activity of the limited resources of our planet, whereas economic growth does not limit the resource exploitation and energy, being mainly focused on productivity increase. From this perspective, both conceptual and operational contradictions occur between the two pillars of prosperity. This paper looks to these contradictions and proposes some streams of intervention such as economic growth and environmental sustainability to operate in harmony. A structured framework for innovative problem solving is considered in this respect. Results of this research show that it is possible to induce smart measures in the economic system for directing businesses towards new paradigms where economic growth is possible without negative effects on environmental sustainability.

Suggested Citation

  • Stelian Brad & Bogdan Mocan & Emilia Brad & Mircea Fulea, 2016. "Environmentally Sustainable Economic Growth," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(42), pages 446-446, May.
    • Handle: RePEc:aes:amfeco:v:42:y:2016:i:18:p:446
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    References listed on IDEAS

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    Cited by:

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    2. Mehmet Çağlar & Cem Gürler, 2022. "Sustainable Development Goals: A cluster analysis of worldwide countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(6), pages 8593-8624, June.
    3. Simona-Roxana Ulman & Costica Mihai & Cristina Cautisanu & Ioan-Sebastian Brumă & Oana Coca & Gavril Stefan, 2021. "Environmental Performance in EU Countries from the Perspective of Its Relation to Human and Economic Wellbeing," IJERPH, MDPI, vol. 18(23), pages 1-26, December.
    4. Dan Ioan Topor & Andreea Marin-Pantelescu & Adela Socol & Oana Raluca Ivan, 2022. "Decarbonization of the Romanian Economy: An ARDL and KRLS Approach of Ecological Footprint," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(61), pages 664-664, August.
    5. Le Thanh Tiep & Ngo Quang Huan & Tran Thi Thuy Hong, 2020. "The Impact of Renewable Energy on Sustainable Economic Growth in Vietnam," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 359-369.
    6. Xie, Chengyuan & Jin, Xiaotong, 2023. "The role of digitalization, sustainable environment, natural resources and political globalization towards economic well-being in China, Japan and South Korea," Resources Policy, Elsevier, vol. 83(C).

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