Sustainable Management Futures Assignment Example | Topics and Well Written Essays - 3000 words

Sustainable Management Futures - Assignment Example It had been evident that since many years researchers as well as planners have been struggling hard to define the concept of sustainable development. However, the definition has been too general. It can be said that the goals need to be quite specific and this might vary in order to reflect different conditions and national development policies across countries. The nation’s objective for the environmentally sustainable development plays a vital role in this regards (Hoole & Et. Al., 1995). Considering the definition of sustainability, there are three fundamental aspects namely employment and income generation, people participation and empowerment and conservation of environment and natural resources. The priorities set may be different while implementing each of these aspects and tends to express different attitudes towards nature, society and ethical decisions involved (Mansvelt & Mulder, 2002).  Ã‚   It can be evaluated that the challenges of the sustainable development f or the policy are quite different in comparison to other policy problems. The differences tend to arise from comprehensive nature of sustainable development and emphasis that is laid upon the welfare of the future generation. Differences may also arise from the emphasis provided to the sustainable development considering it as a process of change where the utilisation of the resources, the trend of the technological development and change as well as the direction of the investment are made consistent.... However, the definition has been too general. It can be said that the goals need to be quite specific and this might vary in order to reflect different conditions and national development policies across countries. The nation’s objective for the environmentally sustainable development plays a vital role in this regards (Hoole & Et. Al., 1995). Considering the definition of sustainability, there are three fundamental aspects namely employment and income generation, people participation and empowerment and conservation of environment and natural resources. The priorities set may be different while implementing each of these aspects and tends to express different attitudes towards nature, society and ethical decisions involved (Mansvelt & Mulder, 2002). It can be evaluated that the challenges of the sustainable development for the policy are quite different in comparison to other policy problems. The differences tend to arise from comprehensive nature of sustainable development a nd emphasis that is laid upon the welfare of the future generation. Differences may also arise from the emphasis provided to the sustainable development considering it as a process of change where the utilisation of the resources, the trend of the technological development and change as well as the direction of the investment are made consistent with the needs of the future and the present. It can further be revealed that the sustainable development policy needs to be based upon institutions and decision making structures leading to sustainable outcomes. Another important criterion for the sustainable development is that the choice of the policy needs to be guided by economic efficiency. The reason behind this is that if the criterion

Macroeconomics - Inflation, Disinflation and Deflation Term Paper

Macroeconomics - Inflation, Disinflation and Deflation - Term Paper Example The paper outlines that the global financial crisis has led the whole world to think of taking the radical measures through which the financial situation of the globe can be improved. The global recession spread across Europe and US has also caused everyone to become indebted. This situation serious attention and the first thing that the economists need to do are to review the macroeconomic policies in their respective economies in order to reform them. The most dangerous economic ailment that is also considered as a potential cause of economic recession is inflation, which is known as the sustained rise in the general level of prices for the goods and services. Due to the inflation, the monetary value liquidates and although people have same amount of money, but their buying power is reduced. Therefore, the purpose of the report is to make the readers understand some of the basic yet alarming principles of macroeconomics that are leading the current financial situation in to its worst era. Apart from the causes and effects of inflation, the disinflation, and deflation will also be discussed. In the end, the conclusions and recommendations will be made concerning how the inflation and its forms can be overcome. The main conclusion from the study is that inflation and deflation are the two driving forces that drag the prices sometimes up and sometimes down. The rise in the inflation leads to rise in supply and decline in demand, where as the deflation rise will result in the decline in supply and rise in demand, and this cycle goes the same way.