Back to Search
Start Over
TOWARD SUSTAINABLE ECONOMIC GROWTH: ALIGNING MACROECONOMIC POLICIES AND TRADE WITH SDG12.
- Source :
-
LifeStyle Journal . 2022, Vol. 9, p1-11. 11p. - Publication Year :
- 2022
-
Abstract
- This academic paper investigates the intricate relationship between macroeconomic policies, international trade practices, and sustainable development within the context of Sustainable Development Goal 12 (SDG12), which emphasizes sustainable consumption and production. The objective is to explore a path towards sustainable economic growth that strikes a balance between economic progress and ecological sustainability. The study conducts a comprehensive analysis of the challenges and opportunities involved in aligning macroeconomic and trade policies with the principles of SDG12. It draws on a meticulous review of literature, academic discourse, empirical evidence, and various case studies from different countries. Methodology: The research methodology entails an extensive review of pertinent literature to establish theoretical foundations and validate findings through empirical evidence. The study incorporates insightful case studies to exemplify successful approaches employed by nations at the intersection of macroeconomic policies, international trade, and sustainable development. Rigorous and systematic analysis drives the exploration of prospects and obstacles surrounding sustainable economic growth. Practical Results: The paper presents practical results derived from the analysis of case studies, showcasing successful strategies employed by diverse countries in harmonizing economic growth with environmental sustainability. These results offer valuable insights and replicable blueprints for other nations seeking to balance economic progress with SDG12 principles. The study identifies potential areas of conflict and collaboration between macroeconomic and trade policies concerning sustainable development. Conclusions: In conclusion, achieving sustainable economic growth requires coherent policy formulation, aligning macroeconomic and trade strategies with SDG12. The paper proposes specific, implementable policy recommendations to guide countries towards a sustainable trajectory of economic growth while upholding environmental preservation. Emphasizing the significance of cohesive policy frameworks, the study underscores the potential for building a robust, sustainable global economy that addresses growth and environmental conservation in unison. Policymakers can draw from these insights to advance the broader objective of promoting sustainable consumption and production globally. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 22373756
- Volume :
- 9
- Database :
- Academic Search Index
- Journal :
- LifeStyle Journal
- Publication Type :
- Academic Journal
- Accession number :
- 169734932
- Full Text :
- https://doi.org/10.19141/2237-3756.lifestyle.v9.n00sdg.pe01559