Since the United Nations promoted the realisation of a global sustainable development process, a comprehensive sustainability research has emerged. It examines how the three components of sustainability, social, ecological, and economic sustainability, can be implemented. From the large number of research contributions on the subject of sustainability, a selection is presented in this volume.
The economic crisis in Greece led to discussions on whether the euro was secure. To answer this question, first the functions of money, the theoretical basis of monetary policy, and the criteria for the security of a currency must be discussed. The crisis demonstrates that neither Keynesian interest control nor the monetarisms control of the money amount can solve the problem that led up to the crisis. The new approach of monetary theory discussed here is based on equilibriums of goods, money, and labor markets. The found equilibrium solution is not identity (approach of monetarism) and not "equilibrium with unemployment" (Keynes). But the approach in this book leads to a secure currency. (Series: Lingener Studies on Management and Technology / Lingener Studien zu Management und Technik, Vol. 6) [Subject: Economics]
The sustainable market economy is based on the United Nations' idea of installing a worldwide sustainable development process. The objective of this process is to reduce the difference between 'poor' and 'rich' countries. The concept of the sustainable market economy is founded on the basic idea of economics to realize market equilibria (Adam Smith). It is shown that economic equilibria also ensure economic sustainability. Because economic crises are present in economic disequilibria, the realization of the economic sustainability prevents systemic (self-made) economic crises and also ensures welfare. So it is logical - as discussed in this book - to realize economic sustainability consequently, in spite of the dominance of political compromises in democratic societies. ( Lingen Studies on Management and Technology - Vol. 3 / Lingener Studien zu Management und Technik - Vol. 3) [ Economics, Sustainable Development]