Abstract:
Central to Sustainable Development (SD) is the improvement of people’s welfare in perpetuity
SD is based on the understanding that development of any country depletes a country’s resources needed to sustain it
Implementation of development initiatives often has unintended negatives developing over time such as climate change
Achieving higher levels of economic growth is a necessarily but not sufficient condition for SD
To achieve SD, natural-resource rich countries have to exploit these resources to trigger the required economic growth!
Exploiting the natural resources is inherently non-sustainable
