Proceedings of the 16th International Conference on Modern Research in Management, Economics and Accounting
Year: 2024
DOI:
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Strategic Pathways: Understanding Inter-Sectoral Dynamics and Environmental Implications on Economic Growth
Prof. Dhiresh Kulshrestha, Dr. Parul Kulshrestha and Prof. Sandhir Sharma
ABSTRACT:
To Developing strategic paths for the long-term economic growth requires a thorough understanding of how different economic sectors interact with one another. In-depth discussions of complex relationships and interactions between many sectors—from industry and technology to services and agriculture—are covered in this article. It means how environmental elements interact and stresses how important they are to economic progress. This research reveals how developments or setbacks in one area have a cascading effect on other domains, resulting in a complex web of interdependence, by analysing the interactions between sectors. Additionally, it examines the effects these inter-sectoral interactions have on sustainability, resource use, and ecological balance to provide light on their environmental implications. To promote comprehensive economic growth and environmental sustainability, the report outlines the tactical approaches that countries can take to capitalise on these interdependencies. It shows how crucial it is to optimise growth trajectories while minimising negative environmental effects through strategic planning, legislative frameworks, and sector-specific collaboration. This paper’s main objective is to provide insights that can help businesses, stakeholders, and policymakers make informed decisions by thoroughly analysing these inter-sectoral dynamics and their environmental effects. The aim is to balance economic prosperity with environmental conservation for a resilient and sustainable future.
keywords: Environmental implications, Sustainability, Sector Dependencies, Strategic Pathways, Policy Frameworks