The Global Development Formula
1
Instituto Universitário de Lisboa (ISCTE-IUL), DINÂMIA’CET—IUL, 1649-026 Lisboa, Portugal
2
Avenida das Forças Armadas, Edifício Sedas Nunes, Sala 2W4-d, 1649-026 Lisboa, Portugal
Sustainability 2021, 13(9), 5262; https://doi.org/10.3390/su13095262
Submission received: 22 April 2021
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Revised: 5 May 2021
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Accepted: 6 May 2021
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Published: 8 May 2021
(This article belongs to the Special Issue Sustainable Spatial Planning and Territorial Governance)
Abstract
Development remains a central concept for policy design and implementation aimed at improving the quality of life of the world population, despite a manifest rise in neoliberalist economic growth policy strategic guidance rationales. In accepting the relevance of development processes, this paper proposes a global development formula embracing four main pillars and their respective components: (i) global governance; (ii) global wealth; (iii) global resources; and (vi) global sustainability. Ultimately, this global development perspective presents a more comprehensive and holistic lens than current development visions to demonstrate the development status of territories at all territorial scales. By using existing indexes associated with the proposed main pillars of development, the research presents a novel global development index for 2020.
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MDPI and ACS Style
Medeiros, E. The Global Development Formula. Sustainability 2021, 13, 5262. https://doi.org/10.3390/su13095262
AMA Style
Medeiros E. The Global Development Formula. Sustainability. 2021; 13(9):5262. https://doi.org/10.3390/su13095262
Chicago/Turabian StyleMedeiros, Eduardo. 2021. "The Global Development Formula" Sustainability 13, no. 9: 5262. https://doi.org/10.3390/su13095262
APA StyleMedeiros, E. (2021). The Global Development Formula. Sustainability, 13(9), 5262. https://doi.org/10.3390/su13095262
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