Sustainable Development Goals (SDGs): Economic Transformation Towards Sustainable Development

Authors

  • Dedy Iswanto Science of Business Administration, University Of Muhammadiah Mataram, Indonesia

DOI:

https://doi.org/10.62012/jegar.v1i2.11

Keywords:

: Sustainable Development Goals, economic transformation, sustainable development, policy innovation, global cooperation

Abstract

Sustainable Development Goals (SDGs) have become a crucial global framework in encouraging economic transformation towards sustainable development. This article examines how the SDGs agenda influences economic paradigm changes in various countries, as well as the challenges and opportunities that arise in the implementation process. Through analysis of comparative case studies from several countries, this research identifies key strategies and best practices in aligning economic policies with sustainable development goals. Key findings show that successful economic transformation depends on cross-sector policy integration, technological innovation, active involvement of the private sector, and strong international cooperation. The COVID-19 pandemic has also highlighted the importance of building a more resilient and adaptive economic system. Despite significant progress, implementation gaps remain a major challenge, especially in terms of financing and capacity development. This article concludes that achieving the SDGs requires a fundamental transformation in the way we understand and manage economic development, with an emphasis on a holistic approach that balances economic growth, social inclusion and environmental sustainability. The implications of this research highlight the need for accelerated efforts and policy innovation to realize the vision of sustainable development promoted by the SDGs.

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References

United Nations, "Transforming our world: The 2030 Agenda for Sustainable Development," UN General Assembly, New York, 2015.

J. D. Sachs, G. Schmidt-Traub, M. Mazzucato, D. Messner, N. Nakicenovic, and J. Rockström, "Six Transformations to achieve the Sustainable Development Goals," Nature Sustainability, vol. 2, no. 9, pp. 805-814, 2019.

OECD, "Better Policies for 2030: An OECD Action Plan on the Sustainable Development Goals," OECD Publishing, Paris, 2016.

World Business Council for Sustainable Development, "CEO Guide to the SDGs," WBCSD, Geneva, 2017.

World Economic Forum, "Harnessing the Fourth Industrial Revolution for the Circular Economy," WEF, Geneva, 2019.

United Nations, "The Sustainable Development Goals Report 2020," UN, New York, 2020.

N. Amir, “Opportunities and challenges Economic growth and development in the context of natural resources and energy ”, Jegar, vol. 1, no. 1, pp. 1–6, Mar. 2024.

D. Hajar, “The Role of regional integration in promoting economic Growth and development: A Regional and Comparative Analysis of the European Union and MERCOSUR”, Jegar, vol. 1, no. 1, pp. 22–26, Mar. 2024.

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Published

2024-09-04

How to Cite

Iswanto, D. (2024). Sustainable Development Goals (SDGs): Economic Transformation Towards Sustainable Development. Journal of Economic Growth and Development Review, 1(2), 19–26. https://doi.org/10.62012/jegar.v1i2.11

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Section

Articles