• Title/Summary/Keyword: Sustainable Economic Development

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Sustainable Development -An Application to Apparel Supply Chain Management- (지속 가능한 발전(Sustainable Development) -의류 공급 사슬에로의 적용-)

  • Kang Ji-Hye;Jin Byoung-Ho
    • Journal of the Korean Society of Clothing and Textiles
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    • v.30 no.6 s.154
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    • pp.829-839
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    • 2006
  • Sustainable development is generally defined as an approach that 'meets the needs of the present without compromising the ability of future generations to meet their own needs' (World Commission on Environment and Development: WCED, 1987, p. 43). The sustainable development is a holistic concept that encompasses three aspects: environmental protection, economic development, and social contribution. From the sustainable development perspective, environmental management must consider contributions to other economic and social aspects. In this sense, it differs from narrowed environmental management which focuses on only environmental impacts, and a well-being concept in Korea that mainly appeals to health. Recently, leading apparel firms, such as Nike, Otto, and Marks & Spencer, are increasingly adopting the environmental management to achieve the future competitive advantage. The environmental management can be achieved through integrated supply chain management. Despite of flowing importance of environmental supply chain management in practice, academic attention to this area has been seriously lacking. This study regards the environmental management by the sustainable development perspective as a solution for Korean apparel firms to solve their current sluggish growth. The purpose of this study was to provide Korean apparel firms with guidelines toward the environmental management based on extensive literature reviews and case studies. The paper started with two important research frameworks, the sustainable development and the environmental supply chain. Within the frameworks, the leading cases of the environmental management of Korean and foreign apparel firms were analyzed. Both macroscopic and microscopic applications of the environmental supply chain management for Korean apparel firms were suggested based on the analyses.

South Korea's phenomenal growth and development through Entrepreneurship: A cue for Sub-Saharan Africa (SSA)

  • Charmant, Sengabira Ndereyimana;Mahuni, Kenneth
    • Asia Pacific Journal of Business Review
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    • v.2 no.1
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    • pp.1-20
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    • 2017
  • The model of success in South Korea from a pariah state coming from the ruins of the Korean War into a member of the Organization for Economic Cooperation and Development (OECD) with a trillion dollar economy is encouraging. The Korean economic experience in terms of entrepreneurship and poverty reduction is an intriguing jig saw puzzle to researchers. This paper looks at Korean entrepreneurship history from the 1960s and how it shaped the contemporary sustainable economic development success of the Korean economy. Using a qualitative approach, the study used the Korean case study in comparison with Sub Saharan Africa to explore five powerful lessons on how the region can replicate the Korean entrepreneurship experience. The study shows that entrepreneurship was key to the radical transformation of its economy and government was instrumental in latent nurturing of Korean entrepreneurial spirit.

A Study on the Environmental Evaluation in Use Stage of KTX and Samaul Train : the Development of Eco-efficiency Indicator (생태효율성(Eco-efficiency)지표 개발을 통한 KTX와 새마을호 열차의 사용단계 환경성 평가에 관한 연구)

  • Choi, Yong-Sin;Chun, Yoon-Young;Lee, Kun-Mo;Kim, Yong-Ki
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.1313-1320
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    • 2011
  • World Business Council for Sustainable Development(WBCSD) is effort to achieve sustainable development in economic growth, environmental preservation and social development. Being this way, it is essential for developing evaluation tool which quantify to fulfill sustainable development. Eco-efficiency is one of the quantitative tools to evaluate environmental impact and economic aspect. Eco-efficiency, in general term, means creating more value of product or services with less impact to environment. It indicates as environmental impact in denominator and value of product or services in numerator. Eco-efficiency shows how much economic value reveals to unit environmental impact caused by product or service as an indicator. This study aims at developing eco-efficiency indicator of railway industry considering use stage among the entire life cycle stage of KTX and Saemaul train and also, figure out eco-efficiency value through indicator. Therethrough, it is enables to evaluate created value per environmental aspects. Since rail vehicles demands a lot of energy to transport people during use stage, the environmental impact is more significant than other lkfe cycle stages. Therefore, it quantified environmental indicator as CO2 emission and economic indicator as transportation record per a year with an annual income. This study contributes to be used as a tool for quantifying indicator of comparison evaluation in respect of rail vehicle in use stage.

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Comparative Appraisal of Sustainable Development in Korean Metropolis (우리나라 대도시의 지속가능발전성 비교평가)

  • Kim, Jai-Han
    • Journal of the Korean association of regional geographers
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    • v.13 no.3
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    • pp.235-253
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    • 2007
  • The paper has its focus on comparative appraisal of sustainable development in korean metropolises. In reference to OECD, UNCSD, PCSD and BBR indicator lists, somewhat transformed 14 themes and 42 quantitative indicators were chosen in economic, social and environmental sector. In next step, for the standardization of the indicators the own value of each Metropolis was relatively appraised based on the mean value of each indicator of the metropolises. If necessary, the indicator which has negative characteristics was transformed into positive scale so as to compare all of the indicators with same scale direction. As a result, it was found out that Seoul and Ulsan, highly concentrated in specific economic sector, reveals high level of sustainable development in economic sector but not in environmental sector. Kwangju is diametrically opposed to the former case. In contrast to the generally low level of sustainable development of Pusan, Taegu and Incheon, the metropolis Taejeon shows equally high level of sustainable development in 3 sectors.

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Introduction of Service Science for Sustainable Development (지속가능발전을 위한 서비스학의 도입)

  • Yeom, Baehoon;Kim, Hyunsoo
    • Journal of Service Research and Studies
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    • v.7 no.1
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    • pp.27-40
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    • 2017
  • Humanity's sustainability issues have long been discussed, and the World Commission on Environment and Development (WCED) in 1987 proposed the concept of sustainable development and became a global issue. In September 2015, we announced the latest goals for sustainable development at the UN's 70th General Assembly to address social problems and achieve mature economic growth. In order to achieve social, economic and environmental sustainability goals, parallel development of various disciplines is required. However, existing disciplines are limited in supporting sustainable development due to inherent nature. This study proposes to revitalize service science research as a way to overcome limitations of existing studies, and suggests that sustainable development goals can be achieved through convergence with service science and existing disciplines. Modern economic societies need the evolutionary development of individual disciplines because the paradigm shifts from the existing tangible environment to the intangible environment, the boundary between industries is dismantled, and the boundaries between disciplines disappear. In particular, sustainable development goals require a convergent approach, so convergence service science research is useful. In this study, we analyze economics, business administration, pedagogy, sociology which are representative of related to sustainable development and suggest the necessity of introduction of service science. Through this study, the development of service science and interdisciplinary research in existing academic fields will be activated.

A Study on the Development Direction for the Education for Sustainable Development of the Ecologically-oriented Alternative Elementary School (생태지향형 초등대안학교의 지속가능발전교육을 위한 발전방안 연구)

  • Shin, Ji-Yeon;Choi, Don-Hyung
    • Hwankyungkyoyuk
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    • v.25 no.2
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    • pp.272-289
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    • 2012
  • The purpose of this study is to compare and analyze the educational philosophy, goal, method, content, and environment of ecologically-oriented alternative elementary schools and suggest several practical methods for alternative education. Both ecologism and alternative education pursue sustainable values. The educational content of ecologically-oriented alternative elementary schools, analyzed from the view of sustainable development, focuses most on the natural resources, biodiversity, and sustainable food production, and also include human rights, peace and security, unification, cultural diversity, and health food in terms of the social sustainability and sustainable production and consumption concerning economic sustainability. This study should help environmental education become establish its possibility and position as alternative education and be recognized of its educational value. Furthermore, based on the cases of ecologically-oriented alternative elementary schools that are becoming 'garden of environmental education' as sustainable development education, it should lead to 'education communicating with environmental education at schools'.

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Distribution of supply chain capabilities and firm's sustainable development

  • TO, Tha Hien;THAN, Thuy Trong;NGUYEN, Duyen Thi Kim;NGUYEN, Dat Ngoc
    • Journal of Distribution Science
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    • v.19 no.5
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    • pp.5-12
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    • 2021
  • Purpose: Research on supply chain sustainability is important for exporters When the factor of sustainable development is considered by the businesses as well as governments of all countries. Research on supply chain sustainability is important for exporters. Sustainable supply chain management and supply chain dynamics will help enterprises adapt to changes in the business environment. This study analyzes the impact of sustainable supply chain management, and supply chain dynamic capabilities on the sustainable development of exporting enterprises in Vietnam. Research design, data, and methodology: The research model and survey are designed based on previous studies after surveying export enterprises. With 185 samples collected from export enterprises. The Structural Equation Modeling (SEM) analysis technique is used. Data analysis is performed on SPSS and AMOS software (Reliability test, Confirmatory Factor Analysis, SEM). Results: Sustainable supply chain management and supply chain dynamic capabilities all have positive effects on the sustainable development of businesses (sustainable development is measured by distribution: measuring economic efficiency, social efficiency, and environmental performance). Conclusions: From the results of this study, the authors also made several recommendations to help export enterprises develop sustainability based on sustainable supply chain management and supply chain dynamic capabilities.

Sustainable Competitive Advantages for Regional Development: An Exploratory Study of the China (Anhui) Pilot Free Trade Zone

  • LEE, Jung Wan
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.17-26
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    • 2022
  • This paper analyzes the comparative advantages and development prospects of the China (Anhui) Pilot Free Trade Zone. Based on a SWOT analysis method, this study finds that the Anhui Pilot Free Trade Zone has a set of comparative advantages, including location advantage, rich resources, industrial transformation and new industries, technological innovation capabilities, new patterns for development, and policy support. In recent years, by leveraging its key resources, Anhui Province has been committed to developing an open economy. Furthermore, its economic vitality has increased significantly under preferential policies such as the Belt and Road Initiative, the China-Europe International Freight Shuttle, and the Yangtze River Economic Belt Development Plan. As a result, the total foreign trade has continued to grow. The findings of this study highlight that the comparative advantages are of great significance to the development of the Anhui Pilot Free Trade Zone, which helped expand the scope and openness of the regional economy and foreign investment. However, to achieve the development objectives of the Anhui Pilot Free Trade Zone as planned, these comparative advantages must be developed and converted into a set of sustainable competitive advantages for the regional economy. Therefore, a few development suggestions are put forward.

The Role of Digital Zakat Towards Economic Development at Slums in Indonesia

  • UTAMI, Pertiwi;Basrowi, Basrowi;NASOR, Muhammad
    • Asian Journal of Business Environment
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    • v.11 no.3
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    • pp.45-51
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    • 2021
  • Purpose: The purpose of this study is to reveal that digital Zakat has a role in economic development. Even when disasters hit densely populated areas in big cities, Zakat is distributed quickly and precisely. Research design, data, and methodology: This study uses literature studies with an approach to Islamic economics and sociology of society. The authenticity of this research is about the potential role of digital Zakat which can create sustainable economic development in slums. Result: The results of the study concluded that economic development in slums could be carried out if it collaborated with Zakat institutions which were carried out in several stages. The existence of sustainable solidarity is a serious threat in the effort to achieve development goals and this is very regrettable by almost everyone because it can increase economic inequality. Conclusion: Strategy development is obtained from empirical evidence, the construction of slums that have been carried out by other countries in various parts of the world who also have the same problem. Although statistically not analyzed the relationship between the potential for Zakat and the level of welfare of densely populated settlements, theoretically digital Zakat can be one of the pillars to achieve community welfare through the distribution of Zakat.

System Dynamics Modeling for the Generic Structure of Economic Growth and the Sustainable Endogenous Growth Theory (경제성장에 대한 본원적 구조와 지속가능 내생적 성장이론에 대한 시스템 다이내믹스 모델링)

  • Jeon, Dae-Uk;Kim, Ji-Soo
    • Korean System Dynamics Review
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    • v.10 no.1
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    • pp.5-32
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    • 2009
  • This paper revisited the key advances on System Dynamics modeling about traditional macro-economic models and economic growth structures, and then tries to elaborate a new model based on the endogenous growth theory that incorporates new growth factors, relevant to knowledge/technology as well as the Environment, into traditional growth models. Accordingly, the new model augments the acceleration and multiplier loops and the balancing ones representing market clearing mechanism with a simple numerical example. The authors thus provides macroeconomic System Dynamics analysts with a milestone to model macro-economic structures reflecting on traditional and cutting-edge theories on sustainable economic growth and general equilibrium modeling.

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