A Regenerated Indicator for Monitoring Sustainable Development

By Serhan Oksay and Nur Eradli.

Published by The International Journal of Climate Change: Impacts and Responses

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Article: Print $US10.00
Article: Electronic $US5.00

Economic growth seems to be responsible for climate change. Therefore, it is important to identify the sustainably developing countries and introduce them as good examples for others to follow. By using and appointing new multipliers to the existing indicators for monitoring environmental impact, social development, and economic growth we have managed to form a new cluster of countries which seem to manage growing steadily with minimum impact to environment, i.e. “sustainable developers”. The paper identifies two other clusters which are: “Mid-way/Inconsistent” and “Unsustainable Developers”. The concluding idea is that environmental data should be heavily incorporated in to future methodology for sustainability indices.

Keywords: Sustainable Development, Economic Growth, Human Development, Environmental Conservation, Climate Change, Indicators/Index/Indices

The International Journal of Climate Change: Impacts and Responses, Volume 4, Issue 2, pp.49-58. Article: Print (Spiral Bound). Article: Electronic (PDF File; 431.461KB).

Assoc. Prof. Serhan Oksay

Department Chair, Department of Business Administration, Kadir Has University, Istanbul, Turkey

Assoc. Prof. Serhan Oksay: Serhan Oksay (PhD) is an Associate Professor in the Department of Business Administration at the Kadir Has University, Istanbul. He holds a postgraduate degree from Westminster University’s department of International Trade and Finance. He is the author of following books: “Development Finance”, “Globalization and Regional Integration”, “Micro Insurance as a Contemporary Strategy for Sustainable Development”. His most recent article is “A New Energy Paradigm for Turkey: A Political Risk-Inclusive Cost Analysis for Sustainable Energy”. His research interests are: Political Economy of Sustainable Development; Poverty and Underdevelopment; Environmental Politics.

Nur Eradli

Graduate Student, Faculty of Agricultural and Environmental Sciences, Department of Agricultural Economics, McGill University, Montreal, Quebec, Canada

Nur Eradli: Nur Eradli graduated “summa cum laude” (GPA 3.86) from the Kadir Has University, Faculty of Economics and Administrative Sciences, Department of Economics. Nur is co-author of the published article Inadequacy Of Traditional Measurement Methods In Monitoring Sustainable Development And A Regenerated Indicator Approach and a winner of the Deloitte Academy Turkey scientific research competition award. She is about to complete MSc. on Agricultural Economics, at the McGill University, Montreal.

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