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 3. Vol. 3 No. 4 (2017): Selected Papers of 5th World Conference on Business,
    Economics and Management (BEM-2016)
 4. Articles


THE EVALUATION OF GREEN GROWTH IN SELECTED OECD COUNTRIES


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Published: Mar 22, 2017
Updated: 2017-03-22
DOI: https://doi.org/10.18844/prosoc.v3i4.1506


MAIN ARTICLE CONTENT

Armand Kasztelan
University of Life Sciences, Department of Economics and Agribusiness,
Akademicka 13, 20-950 Lublin, Poland


ABSTRACT

Green growth is a relatively new concept, which has appeared in the
international discussion in response to the increasing environmental threats and
also as a potentially effective means to deal with the outcomes of the financial
crisis of 2008. According to the OECD (2011a), green growth means taking
measures conducive to growth and economic development, while ensuring that
natural assets continue to provide the resources and environmental services that
contribute to the country’s prosperity. The purpose of this article is to
analyze the level of green growth in selected OECD countries. Research was
carried out based on Hellwig’s method, which enabled the construction of a
synthetic measure of “greening†of the growth. The adopted method made it
possible to evaluate the studied phenomenon as a whole, providing grounds for
assigning the selected countries into four groups, characterized by similar
levels of green growth. In Group I, showing the highest level, there is only one
country—Denmark. Conversely, 12 of the 21 countries analyzed were assigned to
Group IV 

Keywords: green growth; sustainable development; environmental protection; OECD;
taxonomic methods; Hellwig’s method;


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Kasztelan, A. (2017). The Evaluation of Green Growth in Selected OECD Countries.
New Trends and Issues Proceedings on Humanities and Social Sciences, 3(4), 7–15.
https://doi.org/10.18844/prosoc.v3i4.1506
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Vol. 3 No. 4 (2017): Selected Papers of 5th World Conference on Business,
Economics and Management (BEM-2016)
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