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Green Growth as a Generator for Overcoming the Crisis

Economic Analysis

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Title Green Growth as a Generator for Overcoming the Crisis
 
Creator Jovanović Gavrilović, Biljana
Minić, Natalija
 
Description Faced with the severest economic crisis after World War Two, the global economy is turning to new sources of growth, which should guide it on the road to economic recovery. In such circumstances, the idea of green growth, based on the belief that economic growth and care for the environment go "hand in hand," is being reaffirmed. In a way, green growth represents a step backward, i.e., going back to the UN Conference on Environment and Development held in Rio in 1992, when environmental sustainability of economic growth was the focus of attention. On the other hand, green growth also represents a step forward, as it is a practical and flexible approach that should contribute to the implementation of the concept of sustainable development in all its dimensions: economic, environmental and also social. A large number of countries, including the European Union, follow the green growth model, respecting national idiosyncrasies, which is demonstrated in this paper. In order to communicate with Europe and the world successfully, Serbia needs to share their fundamental values and commitments, but also preserve its national economic identity. Green growth (in the context of sustainable development) is a good option for Serbia and is its strong link to the rest of the world.
 
Publisher Institute of Economic Sciences, Belgrade, Serbia
 
Date 2017-09-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://www.library.ien.bg.ac.rs/index.php/ea/article/view/214
 
Source Economic Analysis; Vol 45 No 1-2 (2012): Economic Analysis; 19-31
2560-3949
1821-2573
 
Language eng
 
Relation https://www.library.ien.bg.ac.rs/index.php/ea/article/view/214/209
 
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http://creativecommons.org/licenses/by-nc-nd/4.0