![Sample our Economics, Finance,Business & Industry journals, sign in here to start your access, latest two full volumes FREE to you for 14 days]({"type":"image" , "src" : "/sda/5931/TOC-Subject-Sample-2021-Economics-Finance-Business-Industry.jpg"})
Abstract
From the perspective of an individual country, it is necessary to implement a series of policy measures and strategies to achieve long-term multiple goals and targets. As a result, whether adjustments or changes in institutions can be timely aligned from the short term to the long term becomes vital. Since “[p]romote sustained, inclusive, and sustainable economic growth” and “[e]nsure sustainable consumption and production patterns” have been clearly stated in the United Nations Sustainable Development Goals 8 and 12, respectively, it is necessary to make an institutional transition from the conventional linear economy to a circular and sustainable economy. This transition involves substantial changes in the value structure of society’s institutions. For instance, the mainstream curricula have little relevance to the subject matter of sustainability and should be revised to accommodate more socio-economic elements of sustainability in the original institutional economics (OIE) tradition.
Disclosure Statement
No potential conflict of interest was reported by the author.
Notes
1 The UN uses Indicators 8.4.1 and 8.4.2 to monitor the progress of Target 8.4 and GDP is also employed as the denominator.
2 The corresponding 12.8.1 Indicator emphasizes the importance of education policies and curricula to sustainable development such as the “[e]xtent to which (i) global citizenship education and (ii) education for sustainable development are mainstreamed in (a) national education policies; (b) curricula; (c) teacher education; and (d) student assessment.”
Additional information
Notes on contributors
Brian Chi-ang Lin
Brian Chi-ang Lin is in the Department of Public Finance at the National Chengchi University.