A Policy Framework For Sustainability In
Developing Countries: Applying Value Chain
Theory To A Society’s Hierarchy Of Needs
Author(s)
P. R. Walsh
Abstract
This paper serves to refine a framework for prioritizing policy related to
sustainable development that combines elements of A.H. Maslow’s hierarchy of
needs theory with M.E. Porter’s value chain theory. The research community has
provided a variety of methodologies related to the determination of measurement
indicators associated with sustainable development. The use of aggregate indices
as indicators of sustainable development has been supported by researchers in
the latest literature on sustainable development. Indices-based research however
appears to have had little influence on policy development because sustainability
indicators in themselves provide no direction for how the information can be
used to become more sustainable. Using recent index measures, an appropriate
balance of social, economic and environmental sustainability is examined so that
policy makers may be provided some direction in regards to appropriate and
socially-just resource priorities. The model that forms the basis for this
framework is tested through hierarchal regression analysis using data from 45
developing countries and compared to previous testing using earlier data. These
latest results confirm the values chain framework whereby the satisfaction of
society’s physiological needs through the prioritization of policies related to
social and environmental sustainability is the principle motivator for moving on
to the attainment of higher order needs such as increased levels of sustainable
development.
Keywords: sustainable development, developing countries, hierarchy of needs,
value chain, sustainability indicators.
Keywords
sustainable development, developing countries, hierarchy of needs,
value chain, sustainability indicators.
Related Book
Other papers in this volume
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