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Sustainable development vs. sustainable redevelopment
Author(s) -
Unruh Gregory
Publication year - 2007
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.20173
Subject(s) - redevelopment , sustainable development , undo , business , balance (ability) , developing country , natural resource economics , economics , economic growth , engineering , political science , computer science , medicine , civil engineering , law , physical medicine and rehabilitation , operating system
Attentive managers will find that sustainable development presents two distinct challenges depending upon where in the world they are operating. The business of sustainable development is quite different in the industrialized and developing worlds. The industrial north, for example, has a well‐developed and prosperous economic infrastructure that provides its citizens with a level of wealth that was unimaginable a century ago. But those economic gains have come at a high environmental cost. The industrial world's economic system is proving to be ecologically unsustainable and is threatening to undo the planet's biological balance. © 2008 Wiley Periodicals, Inc.