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Sustainable Indicators for Managing Global Green Growth


Special issue call for papers from Sustainability Accounting, Management and Policy Journal

Guest Editors

Dr. Faris Alshubiri

Finance Department of Accounting and Finance

College of Commerce and Business Administration

Dhofar University,Oman.Email:[email protected]

Dr. Syed Jamil

Finance Department of Accounting and Finance

College of Commerce and Business Administration

Dhofar University, Oman. Email:[email protected] 

Dr. Muhammad Shahbaz

Energy and Sustainable Development

Montpellier Business School, France. Email: [email protected] 

Dr.Nadia Doytch

City University of New York

Brooklyn College and Graduate Center

USA. Email:[email protected] 

Background

Global green growth and sustainable development have been the overreaching goals of international community for over a decade. Considerations for sustainable green growth in the context of international experience alleviate concerns regarding the effective integration of green economy policies in national economic and social priorities and internationally agreed development goals. Many researchers explain that gross domestic product GDP is an indicator that measure prosperity but in recent years GDP has increasingly being regarded as inadequate measure for sustainable development of the society. There has been and overgrowing concern to go beyond these indicators and develop new meaningful indicators which take into account sustainable development and help in understanding and monitoring global green growth of societies (Van den Bergh, 2010).

How to measure sustainability is of current concern to governmental organizations facing the task of promoting it. It is well established that single figure aggregate indices of sustainable development which are designed for the national scale are not applicable. Therefore, development of sustainability indicators focuses on four important domains to achieve human wellbeing. These are the social, economic, environmental and institutional-political domains. These domains directly affect economic activity and industrial development of countries (Konstańczak, 2014).

Recently, there has been a great focus and interest in how these indicators also reflect green growth progress in country. The scarcity of natural resources, faced by economies, has a great effect on international business and leads to a cascading effect on the dependent economies redefining the global relationships in the process (Kijek and Kasztelan,2013).Green growth involves effective methods in managing the resources, which, in turn help, escaping economic crisis. Green growth also helps to explore opportunities for building sustainable economies with less environmental pollution and more equitable societies. In this fashion, green growth lead to enhanced quality of life and national welfare. It also directly affects social rights, such as employment, quality of investments and intensity of productivity (Kates et al. 2005).

There are multiple definitions of global green growth. Green growth is a measure of economic growth, that is coupled with responsible exploitation of resources assets to support environmental preservation and sustainable development (Barbier, 2011).Emerging markets vary in the effectiveness of green growth for improved education, mitigation of climate change and environmental pollution and efficient use of energy (Lane, 2010). Most of the existing literature on green growth is recent and is dominated by industrialized countries studies. Most of the literature expresses the possibility of applying the concept of green growth for developing countries, too. There is a literature gap regarding analysis based on actual experiences that focus on technology and innovation, trade, jobs, in relation to green growth metrics (Arrow et al. 2004). Throughout the literature, it is noted that the need for green growth has to be analyzed through policies at the country level. In fact, some recent literature contributes to debate on the relevance of green growth approaches for low-income countries (Caprotti and Bailey, 2014).
The main point of contention is the extent to which short run costs are acceptable for the achievement of long run sustainable development environment (Irz et al. 2001). There are two distinct concepts of green growth policy: 1) achieving growth in the context of global equity and reduced poverty and 2) achieving growth in the context of energy transformation and public-private partnership (Hamdouch and Depret, 2010). There is no general conclusion whether green growth is possible or not. This depends mainly on the time frame. In the short run, the success or failure of green growth strategies is measured with the adoption of economic and political factors. In the long run, it aims at sharing knowledge for growth (Behrens et al. 2007, Ogilvy 2015).

The long run goals of all countries require building effective sustainable indicators for global green growth in societies, indicators that measure the overall impact of the sustainable green growth economies. Given the lack of effective indicators and indices which could gauge the sustainable development of the global green initiatives, real measurement and progress in green economy is questionable. This special issue will strive to discuss and introduce a framework for the use of indicators in developing and tracking green economy policies. The objective is to construct such indicators and provide guidance on the use of indicators in major stages of policymaking using environmental issues as an illustrative entry point.

Potential topics may include, but are not limited to:

  • Impact of Globalization on Green Global Growth and Sustainability
  • Impact of Automation on Green Global Growth and Sustainabilit
  • Global Green Growth Indicators
  • Quality of Life and Green Growth in Era of Globalization
  • Green Growth Sustainable Environmental Quality and Resource Efficiency
  • Resources Management, Green Growth and Politics of Globalization
  • Economic Opportunities, Social Behavior and Sustainability
  • Hidden Determinants of Sustainability and Globalization
  • Opportunities for Automation, Sustainability Domain in Era of Globalization
  • Barriers to Sustainable Construction Indictors for Global Green Growth
  • The Relationship between Sustainable Construction Indictors and Global Green Growth
  • Sustainable Economic Domain and Intensity Productivity
  • Sustainable Institutional-Political Domain and Economic Opportunities
  • Sustainable Social Domain and Quality of Life.

Important dates

  • The submission system for manuscripts will open up in 2019, one month before the submission deadline
  • Please submit your manuscript via https://mc.manuscriptcentral.com/sampj and select the special issue you are submitting to.
  • Submission Deadline: 30th April 2019

References

Arrow, K., P. Dasgupta, L. Goulder, G. Daily, P. Ehrlich, G. Heal, S. Levin, K.-G. Mäler, S.Schneider, D. Starrett, and B. Walker, (2004). Are We Consuming Too Much? Journal of Economic Perspectives 8 (3): 147 – 172.
Behrens, A., Giljum, S., Kovanda, J. and Niza, S. (2007). The Material Basis of the Global Economy: Worldwide Patterns of Natural Resource Extraction and their Implications for Sustainable Resource use Policies. Ecological Economics 64 (2): 444-453.
Barbier, E. B. (2011). The Policy Challenges for Green Economy and Sustainable Economic Development. Natural Resources Forum, 35(3), 233–245. https://doi. org/10.1111/j.1477-8947.2011.01397.x.
Caprotti, F., Bailey, I. (2014). Making Sense of the Green Economy. GeografiskaAnnaler: Series B, Human Geography, 96(3), 195–200. https://doi.org/10.1111/geob.12045
Hamdouch, A., Depret, M. H. (2010). Policy Integration Strategy of the ‘Green Economy’: Foundations and Implementation Patterns. Journal of Environmental Planning and Management, 53(4), 473–490.
Irz, X., L. Lin, C. Thirtle, and S. Wiggins. 2001. Agricultural Growth and Poverty Alleviation .Development Policy Review 19 (4): 449–466.
Kates, R. W., Parris, T. M., Leiserowitz, A. A. (2005). What Is Sustainable Development? Goals, Indicators, Values, and Practice. Environment: Science and Policy for Sustainable Development, 47(3), 8–21. https://doi.org/10.1080/00139157.2005.10524444.
Kijek, T., Kasztelan, A. (2013). Eco-Innovation as a Factor of Sustainable Development. ProblemyEkorozwoju/Problems of Sustainable Development, 8(2), 103–112.
Konstańczak, S. (2014). Theory of Sustainable Development and Social Practice. ProblemyEkorozwoju/Problems of Sustainable Development, 9(1), 37–46.
Lane, R. (2010). The Crisis from the Point of View of Evolutionary Economics. International Journal of Social Economics, 37(6), 466–471. https://doi.org/10.1108/03068291011042337.
Ogilvy , S., (2015) Developing the ecological balance sheet for agricultural sustainability, Sustainability Accounting, Management and Policy Journal, 6(2) ,110-137.
Van den Bergh, J.C.J.M (2010), Relax about GDP growth: Implications for climate and crisis policies. Journal of Cleaner Production. 18: 540-543