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Economic development should consider the negative effects it creates. This will help to achieve a sustainable economic development. The green economic concept can be a solution to development process that works on natural resources conservation. This paper proposes a discriminant analysis to describe the green economic development. It analyses a group of countries, classified by their income levels. The analysis result suggests that environment factors such as emissions and area of the forest are important variables.

GREEN ECONOMY AS AN ENVIRONMENT-BASED FRAMEWORK FOR INDONESIA'S ECONOMIC REPOSITION STRUCTURE