Water security and water quality affect numerous economic sectors and areas: agriculture, energy, disaster management, and others. Countries need balanced and integrated approaches that are economically, environmentally, and socially sustainable.
Big cities in developing countries are centers of economic growth, and magnets for people seeking better opportunities. That is the good part.
Korea’s bold initiative, the Green Growth Plan (GGP), spanning 2009 to 2013 with fiscal outlay of US$84 billion, posed a significant challenge to sustainable public finance management in Korea.
This paper explains why the Republic of Korea adopted green growth as a new national development strategy and details how it has been implemented by the government.