Financing sustainable development: Needs and ways
Journal Title: Journal of Management Research and Analysis - Year 2018, Vol 5, Issue 4
Abstract
The present article makes an effort to understand from the studentcentric perspective the notion of sustainable development and the role of Finance therein Sustainable development as suggested by Gro Harlem Brundtland is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs Being a continuous process the sustainable development considers the interaction of the five basic influential factors that actually shape the extent of any development such as a population increase b structural change of agricultural production c depletion of nonrenewable resource d industrial output and e pollution generation The goals of socioeconomic development can be defined by sustainability objectives in all countries developed or developing marketoriented or centrally planned Without proper financing instrument there can be no probable conformity on achieving the goals and objectives of sustainable development and without any explicitly defined goals no guidance can be made to design a financing framework intended for sustainable development The chapter is divided into four subchapters The first two subchapters try to briefly describe the paradigm of sustainable development and its basic dimensions The third and fourth subchapters respectively attempt to brief the need and the possible ways of finance in the process of sustainable developmentKeywords Agenda 21 Agenda 2030 Brown Agenda Official Development Assistance ODA Other Official Flows OOF PublicPrivate Partnership PPP Sustainable development Sustainable Development Goals SDGs Remittances
Authors and Affiliations
Krishanu Guha Majumder, Manas Chakraborti
Keywords
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- EP ID EP514321
- DOI 10.18231/2394-2770.2018.0078
- Views 146
- Downloads 0
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