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[Download Article] WHAT IS SUSTAINABLE GROWTH?



In a broader sense, sustainable growth can be defined within the framework of sustainable development. H. Bossel argues that in a general debate about sustainable development, the term sustainable growth is often used instead[1]. To this effect, this raises confusion as to whether sustainable development and sustainable growth are sides of the same coin or two different phenomena. J. Elliot points to the fact that sustainable growth is an undisputable contradiction where no physical thing can grow indefinitely. In this regard, one can adopt the definition that sustainable development is a process of growth that meets the needs of the present without compromising the ability of future generations to meet their own needs.[2] This essay article, therefore will discuss the factors which can be adopted for Zimbabwean businesses and industry to adjust production structures so as to achieve sustainable development.


Scholars agree that describing the concept of industrial and business growth within the context of sustainability is often challenging to grasp. SM Lele points out that growth in the business and industrial settings is often defined in a largely quantitative manner, through such catch phrases as Gross Domestic Product or Gross National Product. P. K. Rao argues that such figures fail to bring out the tangible facts on whether the growth or lack of it has occurred within the frame work of sustainability.[3]


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[1]R. M. Auty, and R. F. Mikesell, “Sustainable development in mineral economies.” Oxford University, Press, 1998. [2]J. Elliott, “An introduction to sustainable development.” Routledge, 2012. [3]P. K Rao, “Sustainable development.” Vol.1, Blackwell Publishers, 1999.

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