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What is Self-Sufficiency

CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies
The quality or state of being able to provide everything you need, especially food, without the help of other people or countries.
Published in Chapter:
Challenges of Green Economy in Armenia
Susanna Aghajanyan (Armenian State University of Economics, Armenia) and Gagik Aghajanyan (Armenian State University of Economics, Armenia)
DOI: 10.4018/978-1-7998-2193-9.ch006
Abstract
The economy ecologization process should take into account the development needs of each nation by developing effective systems of production and consumption. That is why in the system of measures ensuring the transition to a “green” economy, overcoming poverty and expanding the livelihoods of the most vulnerable sections of society should be a priority. At the same time, the convergence of economic and environmental policies, where prospects for economic growth are at the forefront, avoiding stress on nature resulting in unpredictable and qualitative implications for natural resources is important. Today, with resource constraints and harmful emissions, the main problem lies in the complete elimination of reliance on economic growth materials and energy resource use, which involves the identification of opportunities to increase the efficiency of the material sectors of the economy.
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