GETTING OUT OF THE CRISIS AND A SUSTAINABLE DEVELOPMENT

Abstract

The aim of this paper is draw attention to the necessity of realizing the sustainable development. This is a new concept elaboratated in the past few years as on answer to the challenges of the actual type of development that caused the economic crisis. Realization of the concept of sustainable development requires a certain radical social, environmental and economic changes. The greatest challenge of our time in finding practical ways of living in the present that will also affect the future. Therefore the Republic of Srpska strategy to bring sustainable development and encourage companies on corporate social responsibility.

Keywords

• Economic crisis
• Sustainable development
• Corporate social responsibility