Sustainable Prosperity Essay - 1090 Words

â€Å"...the core values that underpin sustainable development - interdependence, empathy, equity, personal responsibility and intergenerational justice - are the only foundation upon which any viable vision of a better world can possibly be constructed.† Jonathon Porritt Globalization and sustainability are forces that are in constant competition. In this global game there emerges a clear victor and an inevitable loss. As a political, social, and economic force, globalization has expanded to encompass our global society; it creates change. As the light falls on those affected by globalization, the practitioner and the subject are brought forth and examined. Where there is progress and prosperity for all, we bring to question the extent to†¦show more content†¦As a country progresses, its demand for natural resources—such as oil and lumber—grows; it is forced to look for internal sources and, failing that, can face a shortfall of progress. To prosper, th e economy must turn to the global economy. It is then the role of global economies to provide the resources necessary for sustaining the country and, by doing so, sustaining its prosperity. As a nation’s economy is strengthened, the consumer develops a higher purchasing power and potential; education is instituted and social services are carried out. Communication between nation increases in the interest of trade and the exchange of information because of strengthening economic ties. Lacking globalization, an economy would be forced to limits its use of resources, restricting progress. As did the natives of Brazil live off of a burn cycle, so an isolated economy would have to relocate in order to replenish or face collapse. In an interconnected world today economies cannot relocate and prosper—that period of isolation has long since ended. The global economy now seeks to encompass all people in prosperity. Socially, the people of global economies are benefiting from th e rapid spread of technology and information. As researchers search for the cures to various diseases, the most competent individuals are able to draw information from the entire world in order to stimulate their thought. This exchange of information is a definite benefit;Show MoreRelatedGlobalization : Globalization And Sustainable Prosperity1032 Words   |  5 Pagesand sustainable prosperity â€Å"To what extent does globalization contribute to sustainable prosperity for all people?† Globalization’s impact on sustainable prosperity is examined in the source. It does this by asking a question. Also examined is the impact on all people and this would include both developing nations as well as developed nations. The source is also somewhat leading the reader to question the extent of the impact, which implies that there is a positive impact on sustainable prosperityRead MoreDoes Globalization Contibute To Sustainable Prosperity For All People?960 Words   |  4 Pagesachieve sustainable prosperity for all. But if the world continues the way it is going now, destroying the earth and each other, the disadvantages can quickly take over and ruin everybody. We cannot live with only benefits like the world has provided for itself. Add in the fact that the way the world tries to get sustainable prosperity hasnt been successful, we need to settle for the current life filled with both benefits and disadvantages. Globalization has contributed to prosperity is its uncannyRead MoreThe American Government Supports The Energy Industry Through Large Investments For Research And Development1286 Words   |  6 Pagesexpansion of the energy industry through funding. The U.S is able to ‘provide a foundation of our future prosperity’, feed the workforce and achieve goals by investing in clean energy and manufacturing. The global clean energy market is worth approximately $240 billion a year and is growing. With this in mind, the U.S government looks to support a number of sectors that are critical to American prosperity. Their competitiveness in clean energy is enhanced by investments in research and development. As wellRead MoreTrade Liberalisation Always Provides Benefits Essay1668 Words   |  7 PagesThere seems to be no compelling reason to argue that the existing trade treaties have no objectives to realise world’s prosperity. For instance, The WTO expressly shows in its pr eamble ‘a view to raising standards of living, ensuring full employment’. Additionally, NAFTA has a clear-cut objective to create ‘new employment opportunities and improve working conditions and living standards in their respective territories’. However, inequality and poverty still take place in nearly half of the worldRead MoreHow is sustainable development linked to ecological footprint?1552 Words   |  7 Pages How is sustainable development linked to ecological footprint? According to the Brundtland Report, sustainable development is defined as â€Å"development that meets the needs of the present without compromising the ability of future generations to meet their own needs.† In this definition, two challenges are worth nothing: meeting the needs of world’s poor, as well as the environmental limitations brought about by technological advancements and social organizations. According to Ruzevicius (2010)Read MoreTaking a Look at Ecotourism926 Words   |  4 Pagesthe most influential ecotourism documents, the Quebec Declaration on Ecotourism (2002), produced after the World Ecotourism Summit during the International Year of Ecotourism, and recognized that not only does ecotourism embrace the principles of sustainable tourism but it also embodies the following specific principles: i. contributes actively to the conservation of natural and cultural heritage; ii. includes local and indigenous communities in its planning, development and operation, and contributesRead MoreMost Industries Today Have Already Realized The Necessity1724 Words   |  7 Pagesgroups in the society. In India, there is a growing realization that business cannot succeed in isolation and social progress is necessary for sustainable growth. Today, India has made remarkable economic and industrial progress across several sectors, with an average GDP growth rate of around 7 percent. At present, we live in an age of exceptional prosperity, but also appalling inequality around the world. As per India Human Development Survey (IHDS), India is the second-most unequal country globallyRead MoreSustainable Growth and Economic Development1094 Words   |  5 Pagesbetween economic growth and sustainable development is not always necessary. Economic growth does not always contribute to environmental degradation. In the early stages of growth, quality of environment generally deteriorates but at higher levels of per capita income, it improves. The link between income and pollution arises because the composition of output changes with growth in favor of newer, cleaner technologies. Thus, sustained economic growth is the key to sustainable development. PollutionRead MoreThe Most Commonly Used Definition Of Sustainable Development1446 Words   |  6 Pagescommonly used definition of sustainable development is still that given in the report of the World Commission on Environment and Development (1987), i.e. sustainable development is ‘a process to meet the needs of the present without compromising the ability of future generations to meet their own needs.’ Sustainable development is therefore about creating a better life for all people in ways that will be as viable in the future as they are at present. In other words, sustainable development is based onRead MoreResearch And Development Of Primary Energy988 Words   |  4 Pagesintensity has dropped by a total of 1.25% from 1990 till 2013 and has decreased in each region of the world but the Middle East where it has increased by it has been increasing by about 1.1% annually. (Copenhagen Centre Energy Efficiency - SE4ALL: Sustainable Energy for All, 2015: Renewables 201 5: Global Status Report). (7.a) The number of international cooperation and policies established can be counted especially with the help of the IEA site that can display all the ones in force nowadays. No indicator