Ethical economics and sustainable development

Ethical School in Islamic Economics and Conventional Economics

In the present age, it is the age of economic crises and challenges to moral values. Today, with many moral schools, we are faced with the dos and don’ts of economic activities. On the one hand, the Islamic society needs a dynamic and developed economy, and on the other hand, it needs to consolidate and strengthen moral values in order to bring worldly and otherworldly happiness to people by ma...

Economics and Governance for Sustainable Development

Introduction In this chapter we assess the role of economics in governance for sustainable development. Firstly, we ask how has the ‘mainstream’ environmental and resource economics paradigm helped us understand the nature of sustainable development? We explain the context in which environmental and resource economics developed and the main propositions made during its formative years. These he...

Sustainable development: an ecological economics perspective

This paper offers a definition of sustainable development from an ecological economics perspective. For this, it begins with a historical analysis of the sustainable development concept from its origins as eco-development to its present formulation as green economy. it follows an assessment of the weak sustainability concept premises which allows for the neoclassical environmental economics not...

Democracy and sustainable development: Implications for science and economics

Sustainable development is a contested concept in that it is interpreted differently by different actors. A distinction has been made between “weak” and “strong” sustainability. Some have referred to three aspects or “pillars” of sustainable development; economic, social and environmental. Others have advocated a further broadening of the kinds of dimensions to be considered. The present author...

Sustainable development: environmental limits and the limits of economics