Sustainable economic development

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3.6.2     Economic Development Indicators and Indices

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This section was originally part of a complete report on the measurement of world sustainable development.
1.     Introduction
2.     GCAC Objectives
3.     Theory, measurement, valuation and management of Sustainable Development and the Scale of Values and measurement of the Gross Environmental Sustainable Development Index (GESDI)
3.6     Evaluation
3.6.2     Evaluation of Economic Development Indicators and Indices

3.6.2 A)     Evaluation of Economic Development Indicators and Indices
Section 3.6.2 A)     Assessment Scoring
3.6.2 B)     Evaluation of Economic Development Issues and Concerns
Section 3.6.2 B)     Assessment Scoring











3.6.2 A)     Evaluation of Economic Development Indicators and Indices

A.     Economic indicators and indices
B.     Sustainable economic development indicators and indices
C.     Debt and deficit indicators
           C.1   Federal debt and deficit
           C.2   Provincial debt and deficit
           C.3   Budgets
           C.4   Auditor General's reports
D.     Export development indicator
E.     International Monetary Fund (IMF)
F.     General Agreement on Tariffs and Trade (GATT)
G.     North American Free Trade Agreement (NAFTA)
H.     Pacific Rim Nations
I.     Urban development indicators and indices
           I.1    Sustainable community development
           I.2     Essential elements of an adequate urban environment
           I.3     A sustainable community development code
           I.4     Costs of subdivision development
           I.5     Development impacts
           I.6     Urban park indicators
J.     Rural development indicators and indices
           J.1     Costs of living
           J.2     Lifestyle
           J.3     Costs of services
           J.4     Community development
           J.5    Farming indicators
K.     Recreational development indicators and indices
L.     Business development indicators and indices
           L.1     Sustainable development means cleaner and leaner businesses
           L.2     Environmental performance indicators and indices
           L.3     Profitable solutions to environmental management
           L.4     Training offered by companies vs skills needing enhancement
M.     Better business, better science and better decision-making
N.     Research and development
O.     Developing countries indicators
           O.1     Environmentally oriented strategies in helping developing countries
           O.2     Sustainable third world development
P.     Building materials indicators, building design indicator and building code
Q.     Investments indicators and indices
R.     Profitability indicators and indices
S.     Consumer products indicators and indices
T.     National and global trade indicators and indices
U.     Gross Domestic Product (GSDP) vs GSDP
V.     Imports indicators and indices
W.     Money value indicator
X.     Stock exchange indicators
Y.     Property value indicators and indices
Z.     European Community Market indicators and indices


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Section 3.6.2 A)     Assessment Scoring

 


Section Assessment Scoring
Evaluation of Economic Development Indicators and Indices

I(normalized) =  0.4100



In this assessment, the values used for I(normalized) are the same as those obtained and described in section 2.3 The Mathematical Model. The two tables in The Scale of Values obtained from the survey, guess-estimated and standard give all normalized values in their last columns. Although most values were not given here, they were obtained a few years ago by evaluating each impact as shown in section 2.3 under Impact equation example: Forestry. It is obvious now that one has to keep updating these impact equation calculations every year as the world is changing very fast. Their calculations are a very powerful educational tool and should be used in school to educate students in thinking globally and in terms of interactions and their multidimensional effects within themselves and on all four major interacting quality systems. To become responsible in sustaining Earth has to start at early stage in someone's life and calculating impact equations would be one of their first steps.
 
  Sub-section %    =    Total number of points for the subsection     x     100%
                              Total number of questions for the sub-section               5

Section Rating        =        Sub-section % total        x        0.4100
                                                            92

                                     =       GESDI     for this section

This value of GESDI is then added to the values in the other sections of this assessment report. The total value for GESDI is the GESDI for the home and the community it belongs to.
 

 


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3.6.2 B)  Evaluation of Economic Development Issues and Concerns

1.     Manufacturing
2.     Power
3.     Labour Force
4.     Sustainable economic development requires healthy families, able workers and informed, responsible citizens
5.     Markets
6.     Competitiveness of the economies in the world and ensuring a sound sustainable development
7.     Economic value of natural resources and ecosystems
8.     Impact of the depletion and degradation of natural resources and ecosystems on human welfare
9.     Deforestation
10.    International Institutions
11.     Integration of environmental and economic institutions
12.     Economic cost of resource and environment degradation (in terms of production and health)
13.     Industry
14.     Business
15.     Construction
16.     Rural Development
17.     Urban Development
18.     Stock Markets
19.     Exports
20.     Imports
21.     Growth
22.     Goods and Services
23.     Incorporation of production-related environmental costs in the price of goods traded in national and international markets
24.     Demand
25.     International Cooperation
26.     Make economic accounting relevant to sustainable development objectives
27.     Trade
28.     Investment
            i)     Regulation
           ii)     Risk
29.    Credit
30.     Aid
31.     Distribution of Income
32.     Consumption
33.     Expenditures
34.     Transport
35.    Communications
36.     Prices
37.     Exchange Rates
38.     World Bank
39.    IMF
40.     Banks
41.     Government
           i)     Finances
           ii)     Revenues
           iii)     Expenditures
           iv)     Debt and Deficit
           v)     Defense Expenditures
           vi)     Budget
           vii)     Taxes
42.     Balance of Payments
43.     Information Age
44.     Science and Technology
45.     Training
46.     Regional Trade Blocs
47.     Tariff Barriers
48.     OECD Trade
49.     Travel
50.     Tourism
51.     Measurement of Indicators
           i)     Economic: growth, production, demand
           ii)     Macroeconomic
           iii)     National Account: GDP per Capita
           iv)     Gross Sustainable Development Product (GSDP)
52.     Profitability
53.     Insurance premiums
54.     NAFTA
55.     Competitiveness
56.     Property value
57.     Tax system
58.     Building materials
59.     Building and community design and codes
60.     Employment
61.     Training programs
62.     R & D
63.     Transportation
64.     Urban development
65.     G-7
66.     GATT
67.     World monetary institutions
68.     Sock Exchange
69.     Monitoring
70.     Making results of measurements available on the Internet
71.     Economic well-being
72.     Globalization
73.     Rural development
74.     Global development


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Section 3.6.2 B)     Assessment Scoring

 


Section Assessment Scoring
Evaluation of Economic Development Issues and Concerns

I(normalized) =  0.4100



In this assessment, the values used for I(normalized) are the same as those obtained and described in section 2.3 The Mathematical Model. The two tables in The Scale of Values obtained from the survey, guess-estimated and standard give all normalized values in their last columns. Although most values were not given here, they were obtained a few years ago by evaluating each impact as shown in section 2.3 under Impact equation example: Forestry. It is obvious now that one has to keep updating these impact equation calculations every year as the world is changing very fast. Their calculations are a very powerful educational tool and should be used in school to educate students in thinking globally and in terms of interactions and their multidimensional effects within themselves and on all four major interacting quality systems. To become responsible in sustaining Earth has to start at early stage in someone's life and calculating impact equations would be one of their first steps.
 
  Sub-section %    =    Total number of points for the subsection     x     100%
                              Total number of questions for the sub-section               5

Section Rating        =        Sub-section % total        x        0.4100
                                                            74

                                     =       GESDI     for this section

This value of GESDI is then added to the values in the other sections of this assessment report. The total value for GESDI is the GESDI for the home and the community it belongs to.
 

 

 

 

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