The cultural tourism covers a wide range of interdependent activities, connected with other economic branches, which play a major role in the developing tourism industry. The people's increasing amount of leisure time, the tourists' changing interest and the increasing life expectancy help the...

The paper proposes two axioms that capture the idea of sustainable development and derives the welfare criterion that they imply. The axioms require that neither the present nor the future should play a dictatorial role. Theorem 1 shows there exist sustainable preferences, which satisfy these...

Beekeeping in the Serbian economy is one of the underdeveloped sector. Modern agriculture today can not be imagined without a developed and modern beekeeping as a part of agriculture and the national economy that is subject to economic laws that operate in the market and is inextricably linked...

Vulnerability–resilience indexes fail to grasp all dimensions of sustainability, whereas sustainable development has gained momentum. We fill this gap with a hierarchical multimetric composite index (Net Vulnerability Resilience Index: NVRI) whose robustness relies on a mathematical algorithm...

The conditions that led to low expectations for the Rio+20 conference tell us more about the prospects for addressing collective global problems than a focus only on its substantive outcomes. Three conjectures on why expectations were so low are put forward: a lack of vision and modest ambition...

China is now the world's second largest economy, and it is expected to overtake the United States to become the largest by 2020. What are the implications for the global environment and climate change if China surpasses the United States? There are major concerns with China's rapid rise because...

In this paper we propose to investigate the link between economic development, social security system and the sustainability of the policies pursued by states. In doing so, we start from clarifying and summarizing the main ideas on the concepts of development and social security. Depending on...

The paper covers the significance of Lingua franca not only as a language of intercultural communications, but also as a necessary component of the adequate satisfaction of fundamental human needs and of the prevention of socio-economic pathologies. It is stressed in the paper that the...

The idea of ecotourism first materialised mainly by travels to other continents, while in Europe its success relied on specialised products and categories of travellers. Tourism in rural areas displayed very high rates of growth. The promotion of ecotourism should be integrated within the...

We review the economics perspective on sustainable resource use and sustainable development. Under standard conditions, dynamic efficiency leads to sustainability of renewable resources but not the other way around. For the economic‐ecological system as a whole, dynamic efficiency and...