IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxivy2021i4bp309-330.html
   My bibliography  Save this article

Clash of Interests on the Path of Sustainable Development Implementation

Author

Listed:
  • Jerzy W. Pietrewicz

Abstract

Purpose: The aim of this article is to identify and determine the influence of key interest groups in terms of implementing sustainable development principles. Design/Methodology/Approach: Analysis of processes and behaviour of institutions and social groups using statistical data. Findings: Sustainable development appears today to be the most rational response of societies to the global problems of humanity. Despite widespread understanding and recognition as well as various initiatives, progress in implementing the principles of sustainable development is far from being satisfactory. Antipodally, transnational corporations based on the logic of microeconomic rationality continue to grow in strength. Therefore, it is very important to identify and seek opportunities to strengthen forces and interests that are guided by an equal consideration of economic, social and environmental factors in the implemented activities. The analysis of the issue shows the key role of the state in this process, but also of non-governmental organisations which, thanks to their activity and organisation, are able to effectively influence their surroundings to follow the principles of sustainable development. Countries with the highest number of NGOs also lead the sustainability ranking. There is great causative potential for regulated financial markets to increasingly involve financial institutions in sustainability criteria in their own operations and those of their clients. The European Union's regulations and initiatives, which provide directional support for UN programmes, play a very important role in this process. Practical implications: The conducted analysis shows that combining the interests and activities of informal institutions, alongside selective support of the formal ones, synergistically strenghtens the implementation of sustainable development principles. Originality/Value: The analysis is part of a search for causal factors enabling the dissemination and acceleration of the implementation of sustainable development principles in the world.

Suggested Citation

  • Jerzy W. Pietrewicz, 2021. "Clash of Interests on the Path of Sustainable Development Implementation," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 309-330.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:4b:p:309-330
    as

    Download full text from publisher

    File URL: https://ersj.eu/journal/2658/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Małgorzata Jaworek & Marcin Kuzel, 2015. "Transnational Corporations in the World Economy: Formation, Development and Present Position," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 4(1), pages 55-70.
    2. Sachs,Jeffrey & Kroll,Christian & Lafortune,Guillame & Fuller,Grayson & Woelm,Finn, 2021. "Sustainable Development Report 2021," Cambridge Books, Cambridge University Press, number 9781009098915, January.
    3. Bischoff, Ivo, 2003. "Determinants of the Increase in the Number of Interest Groups in Western Democracies: Theoretical Considerations and Evidence from 21 OECD Countries," Public Choice, Springer, vol. 114(1-2), pages 197-218, January.
    4. Sachs,Jeffrey & Kroll,Christian & Lafortune,Guillame & Fuller,Grayson & Woelm,Finn, 2021. "Sustainable Development Report 2021," Cambridge Books, Cambridge University Press, number 9781009102896, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xu, Deyi & Sheraz, Muhammad & Hassan, Arshad & Sinha, Avik & Ullah, Saif, 2022. "Financial development, renewable energy and CO2 emission in G7 countries: New evidence from non-linear and asymmetric analysis," Energy Economics, Elsevier, vol. 109(C).
    2. Hametner, Markus, 2022. "Economics without ecology: How the SDGs fail to align socioeconomic development with environmental sustainability," Ecological Economics, Elsevier, vol. 199(C).
    3. Ofori, Isaac K. & Figari, Francesco, 2022. "Economic Globalisation and Inclusive Green Growth in Africa: Contingencies and Policy-Relevant Thresholds of Governance," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Forthcomi, pages 1-1.
    4. Bianca Carducci & Yaqub Wasan & Agha Shakeel & Amjad Hussain & Jo-Anna B. Baxter & Arjumand Rizvi & Sajid B. Soofi & Zulfiqar A. Bhutta, 2022. "Characterizing Retail Food Environments in Peri-Urban Pakistan during the COVID-19 Pandemic," IJERPH, MDPI, vol. 19(14), pages 1-13, July.
    5. Daniela Cristina Momete & Manuel Mihail Momete, 2021. "Map and Track the Performance in Education for Sustainable Development across the European Union," Sustainability, MDPI, vol. 13(23), pages 1-14, November.
    6. Guillaume Lafortune & Grayson Fuller & Leslie Bermont Diaz & Adolf Kloke-Lesch & Phoebe Koundouri & Angelo Riccaboni, 2022. "Achieving the SDGs: Europe's Compass in a Multipolar World: Europe Sustainable Development Report 2022," DEOS Working Papers 2235, Athens University of Economics and Business.
    7. Kevin Handtke & Lisa Richter-Beuschel & Susanne Bögeholz, 2022. "Self-Efficacy Beliefs of Teaching ESD: A Theory-Driven Instrument and the Effectiveness of ESD in German Teacher Education," Sustainability, MDPI, vol. 14(11), pages 1-32, May.
    8. Mariusz Czupich & Justyna Łapińska & Vojtěch Bartoš, 2022. "Environmental Sustainability Assessment of the European Union’s Capital Cities," IJERPH, MDPI, vol. 19(7), pages 1-18, April.
    9. Hatzenbühler, Jonas & Jenelius, Erik & Gidófalvi, Gyözö & Cats, Oded, 2023. "Modular vehicle routing for combined passenger and freight transport," Transportation Research Part A: Policy and Practice, Elsevier, vol. 173(C).
    10. Virág, Doris & Wiedenhofer, Dominik & Baumgart, André & Matej, Sarah & Krausmann, Fridolin & Min, Jihoon & Rao, Narasimha D. & Haberl, Helmut, 2022. "How much infrastructure is required to support decent mobility for all? An exploratory assessment," Ecological Economics, Elsevier, vol. 200(C).
    11. Marie Stenton & Veronika Kapsali & Richard S. Blackburn & Joseph A. Houghton, 2021. "From Clothing Rations to Fast Fashion: Utilising Regenerated Protein Fibres to Alleviate Pressures on Mass Production," Energies, MDPI, vol. 14(18), pages 1-18, September.
    12. Dang, Hai Anh H. & Jolliffe, Dean & Serajuddin, Umar & Stacy, Brian, 2024. "Country statistical capacity: a recent assessment tool and further reflections on the way forward," LSE Research Online Documents on Economics 124060, London School of Economics and Political Science, LSE Library.
    13. Ofori, Isaac K. & Gbolonyo, Emmanuel Y. & Ojong, Nathanael, 2022. "Foreign Direct Investment and Inclusive Green Growth in Africa: Energy Efficiency Contingencies and Thresholds," MPRA Paper 115379, University Library of Munich, Germany, revised 09 Nov 2022.
    14. Martínez, Augusto Polibio & Jara-Alvear, José & Andrade, Rolando Josué & Icaza, Daniel, 2023. "Sustainable development indicators for electric power generation companies in Ecuador: A case study," Utilities Policy, Elsevier, vol. 81(C).
    15. Rasaki Stephen Dauda & Fiyinfoluwa Adeyinka Balogun, 2024. "Drivers of healthcare expenditure growth in West Africa: A panel data investigation," International Journal of Health Planning and Management, Wiley Blackwell, vol. 39(2), pages 461-476, March.
    16. Syrus M. Islam & Asheq Rahman, 2023. "Impact investment deal flow and Sustainable Development Goals: “Mind the gap?”," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(4), pages 3797-3813, December.
    17. Schlör, Holger & Venghaus, Sandra, 2022. "Measuring resilience in the food-energy-water nexus based on ethical values and trade relations," Applied Energy, Elsevier, vol. 323(C).
    18. Jianing Xu & Weidong Li, 2022. "The Impact of the Digital Economy on Innovation: New Evidence from Panel Threshold Model," Sustainability, MDPI, vol. 14(22), pages 1-19, November.
    19. Nura Shehu Aliyu Yaro & Muslich Hartadi Sutanto & Noor Zainab Habib & Aliyu Usman & Jibrin Mohammed Kaura & Abdulfatai Adinoyi Murana & Abdullahi Haruna Birniwa & Ahmad Hussaini Jagaba, 2023. "A Comprehensive Review of Biochar Utilization for Low-Carbon Flexible Asphalt Pavements," Sustainability, MDPI, vol. 15(8), pages 1-32, April.
    20. Gaydaa Al-Zohbi & Maura A. E. Pilotti, 2023. "Contradictions about Sustainability: A Case Study of College Students from Saudi Arabia," Sustainability, MDPI, vol. 15(4), pages 1-15, February.

    More about this item

    Keywords

    Sustainable development; interests; state; NGOs; financial markets; transnational corporations; sustainable ethics.;
    All these keywords.

    JEL classification:

    • E70 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - General
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxiv:y:2021:i:4b:p:309-330. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.