Abstract

This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of sustainable development with reference to discourses, creativeness, boundaries and institutional architecture. The main purpose of the research is to understand current global challenges – environmental, geographic, socioeconomic – poverty, hunger, health and inequality. Sustainability is a complex issue which interchangeably in use with sustainable development. The term sustainability discourse stands to maintain the equilibrium between nature and society and fulfill the societal demands (which could be environmental, economic and social. The boundaries of sustainable development can also be seen and evaluated in terms of institutionalization process and organizational process. More importantly, United Nation has been vigorously working to overcome with these challenges through various initiatives. In this regard, United Nation has been pioneering to minimize global challenges throughout its history. United Nation declared four decades (1960-1990) as development decade with the objective of total development primarily in the developing world. In 1990, UN presented Human Development Report 1990, and in 2000 UN declared millennium development goals (2000-2015). However, Goals were only partially achieved. With this experience, UN declared “Transforming our world: the 2030 Agenda for Sustainable Development, which declared 17 Sustainable Development Goals and 169 targets. The investigation of the topic in the paper is carried out in the following logical sequence: 1) what is the epistemological stand of sustainable development; 2) how discourses are developed, what is the limitation; 3) boundaries, how creativeness is incorporated in the sustainability domain and are SDGs are achievable; 4) are governments are ready to cope with the domestic and international challenges. The results of the research can be useful for many scholars, international organizations, governments, civil societies.

Keywords: United Nations, Human Development, Millennium Development Goals, Discourses, Boundaries, Creativeness, Institution, Sustainable Development, India, Nepal, Bangladesh, Pakistan, South Asia, Environmental Problems, Over Population, Poverty, Hunger, UNESCO, WHO, Epistemology.

JEL Classification: O11, O40, O53, I31.

Cite as: Medani P. Bhandari (2019). Sustainable Development: Is This Paradigm The Remedy of All Challenges? Does Its Goals Capture The Essence of Real Development and Sustainability? With Reference to Discourses, Creativeness, Boundaries and Institutional Architecture. SocioEconomic Challenges, 3(4), 97-128. http://doi.org/10.21272/sec.3(4).97-128.2019.

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