PERSPECTIVES ON THE QUALITATIVE AND QUANTITATIVE APPROACHES OF THE ECONOMIC GROWTH IN RELATION WITH THE CONCEPTS OF WEAK SUSTAINABILITY AND STRONG SUSTAINABILITY

Approaching economic growth in quantitative and qualitative terms arising from endogenous or exogenous variables that can contribute to record an upward dynamic of Gross Domestic Product (GDP) often turns out to be an eclectic one. In this paper we focus on the necessity of rebuilding a model of economic growth and development based on sustainable principles. Almost any of the concepts of development, justice and sustainability are not in the traditional model of allocation and distribution of wealth. Starting from a logical analysis based on the identification of some theories that define the relationship between wealth and sustainability, the paper campaigns for highlighting the tension between a multifaceted model of qualitative development and a model of quantitative growth and development. Also, in this paper there are identified some hypotheses concerning the nature and the quality of relationship between wellbeing, Human Development Index (HDI) and the rate of GDP.