Economic Sustainability
/ˌɛkəˈnɑːmɪk səˌsteɪnəˈbɪləti/
Definitions
- (n.) The capacity of an economy to support growth and meet present needs without compromising the ability of future generations to meet their own needs, often incorporated into legal frameworks for environmental regulation, corporate responsibility, and public policy.
The new legislation promotes economic sustainability by encouraging resource-efficient business practices.
Forms
- economic sustainability
Related terms
See also
Commentary
Legal discussions of economic sustainability typically emphasize intergenerational equity and the integration of economic growth with environmental and social policy objectives.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.