KEY APPROACHES FOR SUSTAINABLE DEVELOPMENT MEASUREMENT
Abstract
It is emphasized in the article that it’s impossible to measure such a complex concept as sustainable development in a narrow mathematical way, certainly because the value for each factor differs. It states that sustainable development should be: economically viable, ecologically sustainable and socially desirable. An indicator quantifies and simplifies phenomena and helps to understand complex realities. Indicators can be divided into different categories and groups according to the specific organization and methodology used.
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