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- W2243815762 abstract "The reality of the concept of sustainable development is to provide the basic needs to the people for their well being and to protect the natural resources and environment for future generations. The primary objective of the free market economy is to maximise profit and increase return on investments. During the last five decades the free market economy made a major contribution for the development of the societies, yet a considerable percentage of world population are suffering with many social, economical and environmental issues and left those issues to the future generational too. Free market economy and the Sustainable development are two concepts distinct from each other which would act on the contrary to a greater extent in its implementation. The present trend on economic development of the world trend is mainly based on free market economic concept. Simultaneously it is important to implement the concept of sustainable development for the well being of the society and to protect the world for future generations. The biggest responsibility of the present society is to implement these two concepts together for the prosperity of the present and future world. In this event every society faces many contradicting issues. The question is what are the instruments and the mechanisms that should be used to combine these two concepts for the successful implementation? During last six decades international law widely discussed the social responsibilities of sustainable development and imposed laws, concepts and principals, to promote it with blessings of the civilize nations of the world. Therefore the most appropriate strategy is apply the international law as the mechanism and international conventions and legal documents as instruments to combine and implement, both these concepts." @default.
- W2243815762 created "2016-06-24" @default.
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- W2243815762 date "2009-01-01" @default.
- W2243815762 modified "2023-09-24" @default.
- W2243815762 title "Sustainable development and social responsibility in practice with reference to Sri Lanka" @default.
- W2243815762 hasPublicationYear "2009" @default.
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