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VOLUME 1 , ISSUE 1 ( January-March, 2022 ) > List of Articles

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Globalization of Sustainable Development and Bosnia and Herzegovina

Žarko Papić, Maida Fetahagić

Keywords : Globalization, Innovation, Research, Social exclusion index, Social inclusion, Sustainable development

Citation Information : Papić Ž, Fetahagić M. Globalization of Sustainable Development and Bosnia and Herzegovina. 2022; 1 (1):37-47.

DOI: 10.5005/jp-journals-11005-0016

License: CC BY-NC 4.0

Published Online: 06-05-2022

Copyright Statement:  Copyright © 2022; The Author(s).


Abstract

The existing concept of globalization has reached its limits of sustainability, which is clearly shown by the globalization crisis. A new concept of globalization has been evolving in the UN system since the 1990s, from Human Development and Millennium Development Goals to Sustainable Development Goals. It is a people-centered approach that assumes that a man is the means and goal of development. The basic tool of the new concept is social inclusion. The text presents the original methodology for calculating the social exclusion index. The dimensions of social exclusion in living standards, health, education, social participation, and access to services are measured through nine indicators: a formula that gives an index value in percentage. According to the Social Exclusion Index, 49.4% of the population in Bosnia and Herzegovina are socially excluded. The text analyzes BiH documents relevant to sustainable development, especially the “Sustainable Development Cooperation Framework—A Partnership for Sustainable Development 2021–2025” (BiH Government and UN to BiH). The conclusion stands out that the most important investment for sustainable development is investing in education and research. Without the general development of knowledge and innovation, smart growth is not possible.


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