Sustainable economic development: how can business community contribute?

Abstract

With the increasingly growing business involvement of enterprises worldwide, there has been a significant increase in environmental degradation and economic inequality. All of these being a well-known fact, there is major concern that these features of the globalisation process may jeopardise its social and environmental sustainability. In order to clarify to what extent the recent process of globalisation may be considered as sustainable, this paper draws some hints from a critical assessment of the globalization in the context of ecological sustainability, while arguing that sustainability initiatives can be beneficial to business practices, and thus, to a certain extent the outlined negative implications of globalisation can be overcome by bringing out adequate business incentives to the global players. When you are citing the document, use the following link http://essuir.sumdu.edu.ua/handle/123456789/12847