Sarcouncil Journal of Economics and Business Management

Sarcouncil Journal of Economics and Business Management

An Open access peer reviewed international Journal
Publication Frequency- Monthly
Publisher Name-SARC Publisher

ISSN Online- 2945-3593
Country of origin- PHILIPPINES
Impact factor- 3.1
Language- English

Keywords

Editors

Sustainable Development: The Need for Balance in the Model

Keywords: Sustainable development; Balance. Economy; Environmental Law; Environmental justice

Abstract: This article aims to analyze the need for balance between socioeconomic growth and environmental protection within the scope of the development model called sustainable development. To obtain the desired results from the research, the approach method to be followed will be deductive, using bibliographical research, having, as a reference system, a combination the Complexity Theory of Edgar Morin with the Law and Economics of Richard A. Posner. In conclusion, it is pointed out that the effectiveness, efficiency and effectiveness of the development model, called sustainable development, are subordinated to the existence of so-called environmental justice, expressed in economic and social development, linked to environmental protection, considering cultural differences, political, economic, social and environmental aspects of each continent, country or region, otherwise, the aforementioned development model may prove to be a development model with a merely rhetorical character

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