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Development is lasting and sustainable if it is
fully guided by the parameters and strategies:
ECONOMIC
- Economic activity, productivity
and profitability are circumscribed by the limits of the earth's
fragile integrity and carrying capacity and the rights and responsibilities
of human beings for a more equitable distribution of economic
resources and products, social justice, peace, true democracy,
freedom and respect for indigenouse and Filipino values and culture.
- National sovereignty, social/human
development and ecological integrity are not curtailed, eroded,
sacrificed and/or ultimately destroyed in the prcess of opening
up the economy to world trade and invenstments.
- Development policies are
redirected to minimize and mitigate and eventually arrest and
reverse the human, social and ecological costs of conventional
economic modernization.
- The pursuit of economic
activity is in the context of more stable sustainable, socially
empowering, gender sensitive and broad-based development.
- Ecologically, economically
and socially sound strategies and structures replace energy and
material intensive, enviromentally degrading and economically
ineffcient patterns of production, distribution and consumption.
- Unsutainable, as well as
conspicuous, luxury and excessive consumption are discourage through
economics as well as social and regulatory instruments.
- All sectors of society adopt
a system approach to promote the use to safe and clean production
technologies, effective recycling and waste minimization techniques.
- Precautionary principle
is adopted in economic and environmental management with emphasis
on preventive rather than mitgating measures.
- Labor is no longer reduce
to a commodity and is thus protected from exploitative unsafe
and unhealthy terms and conditions of employment and arbitrary
business adjustment policies toward market uncertainties.
- Filipino creativity, skills,
initiative, diligence and other talents rather than ow wage rates
become the basis of attracting domestic and foreign investment.
- Economic progress will increasingly
rely on the creative energies and ingenuity of the Filipinos;
hence, investments are channeled towards the improvement of human
captial and the social infrastructure.
- Economic enterprises internalize
social and ecological responsibility by carrying out business
activities within the framework of sustainable development.
- Private sector provides
significant support to sustainable development efforts by being
responsible for internalization of sustainable development principles
within its decisions and operations as well as through direct
grants, donations, financial partnerships and other innovative
financing arrangements as well as sharing of technology and experties
with other sustainable development actors and implementers.
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