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Innovative Partnership for Sustainable Development

Related Document
Frame of Image ctiveness of foreign aid for sustainable development? 2. Aid for Trade (AfT) for international trade and investments
2
I. Sustainable Development
3
1. What is Sustainable Development?

As an individual, what is the ultimate goal?
 More money?  Answer: Happiness of individual (personal well-being)

As a nation, what is the ultimate goal?
 Large GDP? high income per capita?  Answer: Happiness of the people (national welfare or sustainable
development)
4
1. What is Sustainable Development?
Nation’s Welfare (Happiness)
 A nation's welfare can increase when the following
conditions are met. (1) Economic growth (Y): Increase in paid consumption of goods and services: (2) Environmental protection (E): Increase in unpaid consumption of environmental services: (3) Social equity (S): Decrease in desire (Increase in income equity) “One's prosperity makes another jealous”
i.e. W is a function of YES (W = Y*E*S),
where Y = income, E= environmental sustainability, and S = social equity.
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1. What is Sustainable Development?

Sustainable Development meets the needs of the present without comprising the ability of future generations to meet their own needs. The concept of UN’s Sustainable Development has the three components

“The achievement of sustainable development requires the integration of its economic, environmental and social components at all levels.” 6 (United Nations Division for Sustainable Development)
2. What have been done by the international community?

Brundtlan


Full Text
Title Innovative Partnership for Sustainable Development
Similar Titles
Material Type Proceedings
Author(English)

Lee, Hyun Hoon

Publisher

Kangwon National University

Date 2017-11
Event

Innovative Partnership for Sustainable Development

Event [Conference] Innovative Partnership for Sustainable Development
Pages 34
Language English
File Type Documents
Original Format pdf
Subject Government and Law < Political Systems
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