Sustainable economic growth is economic development that attempts to satisfy the needs of humans but in a manner that sustains natural resources and the environment for future generations. An economy functions in the ecosystem. We cannot separate the economy from it. In fact, an economy cannot exist without it. The ecosystem provides the factors of production that fuels economic growth: land, natural resources, labor, and capital (which is created by labor and natural resources). Sustainable economic growth is managing these resources in a manner that they will not be depleted and will remain available for future generations.
Economic development implies an improvement in economic welfare through higher real GDP, but also through an improvement in other economic indicators, such as improved literacy, better infrastructure, reduced poverty and improved health care standards.
The publishing and ownership of Review of Economics and Development Studies (READS) have been transferred to South Punjab Center for Research and Development – Pakistan (SPCRD) w.e.f MARCH 9TH, 2020. Click the link for details
OYA Graduate School of Business
OYA Graduate School of Business Universiti Utara Malaysia
School of Economics Finance and Banking
Assoc. Prof. at Universiti Utara Malaysia
Universiti Utara Malaysia
Lecturer, School of Economics, Finance and Banking
Universiti Utara Malaysia.
PhD candidate at the National University of Malaysia (UKM)
Bahauddin Zakariya University, Bahaddur Layyah Campus as Visiting Lecturer of Economics
Assistant Professor in Economics at the University of Sahiwal, Pakistan.