scholarly journals Linking Economic Complexity, Diversification, and Industrial Policy with Sustainable Development: A Structured Literature Review

2021 ◽  
Vol 13 (3) ◽  
pp. 1265
Author(s):  
Diogo Ferraz ◽  
Fernanda P. S. Falguera ◽  
Enzo B. Mariano ◽  
Dominik Hartmann

Research on economic diversification and complexity has made significant advances in understanding economic development processes, but has only recently explored environmental and social sustainability considerations. In this article we evaluate the current state of this emerging literature and reveal 13 research gaps. A total of 35 different keywords and methods from structured literature reviews and network science helped to identify 374 scientific articles between 1988 and 2020 and revealed a fragmented research landscape around three larger network communities: (1) industrial policies, climate change, and green growth; (2) economic complexity and its association with inequality and environmental sustainability; and (3) economic diversification, including studies on livelihood diversification in poor areas. Economic complexity research applies new empirical methods and considers both social and environmental sustainability, but seldom scrutinizes theory and policy. Industrial policy research focuses on green growth policies but tends to omit social sustainability issues and advanced empirical methods. Research on economic diversification in poor regions provides insights on the livelihood diversification of farmers, but is disconnected from the economic complexity and industrial policy research. This review helps to summarize the main contributions and shows pathways for potential mutual learning between these communities for the sake of sustainable development.

Author(s):  
Neha Mishra ◽  
◽  
Anindya J Mishra ◽  

The current coronavirus pandemic has emerged as a threat to the entire humanity. It has affected society at large and has created a lot of chaos and uncertainty in the world. This has created the need to restore and establish social sustainability in the society. Social sustainability is viewed as a process for creating successful places that promote people’s well-being by understanding people’s needs and wants. Here, Gandhi’s comprehensive vision for society can be related to the sustainable development approach and the social dynamics prevailing in the society amid the pandemic. As the three pillars of sustainable development- environmental, economic, and social- are interlinked, Gandhi’s ideas and principles of value-based approach and ethical living hold good in sustainable development discourse. However, though Gandhian principles and concepts have been often viewed in environmental sustainability, it is least analyzed and understood in terms of social sustainability. Therefore, the paper tries to fill this gap by focusing on building a social aspect of sustainability amid the pandemic through Gandhian perspective. This paper analyses social sustainability in terms of (a) social equity, (b) social well-being, and (c) participation by all. In this context, his idea of “Sarvodaya” is significant as it deals with social welfare, which holds importance in current pandemic days. Apart from “Sarvodaya,” Gandhi also developed an integrated view of the individual, society, and state by focusing on social harmony based upon the moral principles- love, truth, justice, and non-violence, which hold importance even today.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jaime E. Souto

PurposeSustainable development is key to firms' competitiveness, survival, growth and profitability, although sustainability emerges as a great challenge. The aim of this study is to analyze the links between organizational creativity (which integrates sustainability orientation), sustainability-oriented innovation and the multidimensionality of firms' sustainability performance.Design/methodology/approachA total of 417 valid responses from manufacturing SMEs were collected through a questionnaire. PLS-SEM is the statistical technique used in the hypothesis testing.Findings Organizational creativity (which integrates sustainability orientation) and sustainability-oriented innovation are positively associated with economic sustainability performance, environmental sustainability performance and social sustainability performance; sustainability-oriented innovation has a partial mediation effect on the relationship between organizational creativity and economic, environmental, and social sustainability performance; and organizational creativity (which integrates sustainability orientation) has a positive effect on sustainability-oriented innovation.Originality/valueSustainability orientation is integrated into organizational creativity without limiting it, sustainability-oriented innovation encompasses innovation and sustainability in all its breadth without forgetting the innovation process openness, and firm's sustainability performance has a multidimensional approach. Such innovation and creativity contribute – in an interconnected way – to sustainable development, as well as overcoming sustainability challenges and firms' barriers to sustainability. Likewise, the aforementioned creativity must be implemented throughout the company, even beyond its contribution to the innovation process. Thus, the implementation of new ideas, thoughts, perspectives, views, and mental models – fruit of the described creative process – will generate new models and paths in which firms' profitability, growth and survival are related with overcoming environmental and social problems.


2019 ◽  
Vol 11 (6) ◽  
pp. 1632 ◽  
Author(s):  
Pingtao Yi ◽  
Weiwei Li ◽  
Danning Zhang

The Capital Economic Circle is an important planning project in China. Sustainability is a key factor for the long-term development of the Capital Economic Circle. In this paper, we investigated the sustainability of 13 cities in the Capital Economic Circle using three dimensions: economy, society, and environment. The induced ordered weighted averaging (IOWA) operator was used for the aggregation of criteria data. The order-inducing variable in the IOWA operator was measure by the correlation degree of a criterion and all the other criteria. Criteria with larger order-inducing values were given more weight as they provided more support for the development of other criteria. The assessment results indicate that the sustainable development of most of the cities, except for Beijing and Tianjin, is poor, with performance values below 0.5. By comparing the development using three dimensions, it was found that poor performances of economic sustainability were the main reason for this. Additionally, all of the cities showed a sound momentum of sustainable growth even though the sustainable levels of most of the cities were not high. In terms of sustainable development across the three dimensions, the cities had the highest levels of environmental sustainability. The social sustainability of the cities, except for Beijing and Tianjin, was better than their economic sustainability. However, more than half of the cities (accounting for 53.8%) showed a decline in social sustainability, especially for Zhangjiakou, which had the highest degree of decline of 4.00%. Some suggestions have been provided on the basis of the main assessment results. For example, Beijing should invest more in education as well as further easing transportation pressure. There is room for further improvement of the social and environmental sustainability of Tianjin. The other cities should focus on developing economic sustainability as well as preventing the decline of social sustainability.


Author(s):  
Sodip Roy

Green growth, green energy, and green industrialization have been moved tothe forefront of economic development in the present crux of environmentaldegradation and climate change. Nowadays, different policies are havinggreen features. Literarily, the green policy generally denotes theenvironmental policy, but other policies related to the environment may alsobe green focusing on environmental issues. And his industrial policydeserves a great attention of the policymakers in this regard. TheGovernment of Bangladesh (GoB) has formulated Industrial Policy 2016which has been embedded with several targets conducive to green growthand sustainable development goals (SDGs). As it is not a declared greenindustrial policy, the question has been raised here and attempts toscrutinize that to what extent or whether this policy can promote greenindustries in the obvious socioeconomic condition of Bangladesh. Thisarticle has maneuvered to evaluate this policy through content analysis andfound this policy as an elementary initiative for green industries inBangladesh.


2014 ◽  
Vol 10 (2) ◽  
Author(s):  
Maja Klun ◽  
Renata Slabe Erker

Within the concept of sustainable agriculture, the two fields of administration of the Ministry of Agriculture and the Environment come face to face, resulting in a number of social implications. In order to provide assistance in the shaping, execution and assessment of sustainable activities, in this article we analyse the attitude of the public and farmers towards sustainable development in agriculture. The results reveal that in Slovenia, sustainable agriculture has support not only on the level of declarations, but also among the public. Statistically significant differences between the general public and farmers can be noted in the groups’ respective understandings of the sustainable advancement of agriculture in the field of the environment. In parallel to this, a rift can be noted between support for sustainable agriculture in principle and in practice. For this reason, it would be wise to consider shifting the focus of agricultural policy measures from environmental sustainability to social sustainability and the survival of farmers, along with an emphasis on positive environmental information regarding Slovenian farmers.


Author(s):  
Christopher A. Mattson ◽  
Vicky Lofthouse ◽  
Tracy Bhamra

Sustainable design involves three essential areas: economic sustainability, environmental sustainability, and social sustainability. For even the simplest of products, the complexities of these three areas and their tradeoffs cause decision-making transparency to be lost in most practical situations. The existing field of multiobjective optimization offers a natural framework to explore the tradeoffs in the sustainability space (defined by economic, environmental, and social sustainability issues), thus offering both the designer and the decision makers a means of understanding the sustainability tradeoffs. To facilitate this, a decision making approach that capitalizes on the principles and power of multiobjective optimization is presented. This paper concludes that sustainable development can indeed benefit from tradeoff characterization using multiobjective optimization techniques — even when using only basic models of sustainability. Interestingly, the unique characteristics of the three essential sustainable development areas lead to an alternative view of some traditional multiobjective optimization concepts, such as weak Pareto optimality. The sustainable engineering design of a hypodermic needle is presented as a simple hypothetical example for method demonstration and discussion.


2020 ◽  
Vol 12 (5) ◽  
pp. 2027 ◽  
Author(s):  
Ali Sadollah ◽  
Mohammad Nasir ◽  
Zong Woo Geem

In recent years, both sustainability and optimization concepts have become inseparable developing topics with diverse concepts, elements, and aspects. The principal goal of optimization is to improve the overall sustainability including the environmental sustainability, social sustainability, economic sustainability, and energy resources sustainability through satisfying the objective functions. Therefore, applying optimization algorithms and methods to achieve the sustainable development have significant importance. This paper represents a considerable review on the employed optimization methodologies to sustainability and the sustainable development including sustainable energy, sustainable buildings, and sustainable environment. Since energy optimization is one of the major necessities of sustainability, sustainable development is investigated from the energy perspective. In addition, the concept, definitions, and elements of the sustainability and optimization have been presented, and the review of the optimization metaheuristic algorithms used in recent published articles related to sustainability and sustainable development was carried out. Thus, it is believed that this paper can be appropriate, beneficial, and practical for students, academic researchers, engineers, and other professionals.


Think India ◽  
2019 ◽  
Vol 22 (3) ◽  
pp. 972-978
Author(s):  
Manisha Jetly ◽  
Dr. Nandita Singh

Education for sustainable development (ESD) enjoys a huge momentum worldwide in which the role of teachers for making sustainable development goals a reality has been recognized significantly. Teachers through their knowledge, attitudes and skills can bring the learning about these concepts to the curriculum and class room interaction and are in a position to influence their students. Therefore it is pertinent, that teachers are sensitised towards these issues, so that they prepare and nurture their students for making appropriate and responsible choices which contribute to a sustainable future. At this juncture it becomes crucial to understand their priorities and awareness level in context of the sustainable development. The present research paper aims to analyse the perception of forty post graduate pre-service teachers of the Chandigarh region, towards ESD through the dimensions of economic sustainability, environmental sustainability, social sustainability and cultural sustainability. For this researchers have adopted qualitative content analysis methodology for an in-depth study of the subjective responses through an open ended question. The findings suggest that most of the respondents associated the perception of ESD strongly with environmental sustainability. It is noted that the pre-service teachers lack a holistic approach towards ESD. On the basis of the findings it is recommended that there is an urgent need of integrating the concept of ESD consciously and conscientiously in India’s teacher education programmes.


Author(s):  
Alexander Gillespie

This book examines the idea of sustainable development, made up of economic, social, and environmental parts over the period of human history. This work suggests humanity has been unsustainable in all three areas for most of its history, although in the last few hundred years the scale of unsustainability has increased, while, simultaneously, answers have started to emerge. This conclusion can be seen in two parts, namely the economic and social sides of sustainable development and then the environmental ones. This work suggests that, with the correct selection of tools, solid and positive foundations for the economic and social sides of sustainable development is possible as the world globalizes. This is not, however, a foregone conclusion. Despite a number of recent positive indicators in this area, there are still very large unanswered questions with existing mechanisms and other gaps in the international architecture which, if not fixed, could quickly make problems of economic and social sustainability worse, not better. With the third leg of sustainable development, that for the environment, the optimism is not as strong. The good news is that science, laws, and policies have evolved and expanded to the level that, in theory, there is no environmental problem which cannot be solved. In many areas, especially in the developed world, success is already easy to measure. Where it is not easy to measure, and pessimism creeps in, is in the developing world, which is now inheriting a scale and mixture of environmental difficulties which are simply unprecedented.


Author(s):  
Tomiwa Sunday Adebayo ◽  
Abraham Ayobamiji Awosusi ◽  
Seun Damola Oladipupo ◽  
Ephraim Bonah Agyekum ◽  
Arunkumar Jayakumar ◽  
...  

Despite the drive for increased environmental protection and the achievement of the Sustainable Development Goals (SDGs), coal, oil, and natural gas use continues to dominate Japan’s energy mix. In light of this issue, this research assessed the position of natural gas, oil, and coal energy use in Japan’s environmental mitigation efforts from the perspective of sustainable development with respect to economic growth between 1965 and 2019. In this regard, the study employs Bayer and Hanck cointegration, fully modified Ordinary Least Square (FMOLS), and dynamic ordinary least square (DOLS) to investigate these interconnections. The empirical findings from this study revealed that the utilization of natural gas, oil, and coal energy reduces the sustainability of the environment with oil consumption having the most significant impact. Furthermore, the study validates the environmental Kuznets curve (EKC) hypothesis in Japan. The outcomes of the Gradual shift causality showed that CO2 emissions can predict economic growth, while oil, coal, and energy consumption can predict CO2 emissions in Japan. Given Japan’s ongoing energy crisis, this innovative analysis provides valuable policy insights to stakeholders and authorities in the nation’s energy sector.


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