TY - JOUR AU - Prandecki, Konrad PY - 2017/10/01 Y2 - 2024/03/29 TI - Common Goods and Sustainable Development JF - European Journal of Sustainable Development JA - EJSD VL - 6 IS - 3 SE - DO - 10.14207/ejsd.2017.v6n3p155 UR - https://ecsdev.org/ojs/index.php/ejsd/article/view/509 SP - 155 AB - <p>Common good is a solution that has little meaning in the modern economy. Historical experience<br />shows that, in the past, it has significantly contributed to the stability and development of many local<br />communities. However, it can still be useful. The purpose of this article is to compare the benefits of<br />the common good with the objectives of sustainable development. The common good can be<br />evaluated in two ways, as a product or process. The first of these ways is based on an analysis of the<br />characteristics of the good, and the other one on the processes supporting its creation. Product<br />approach is more common in economic theory, but a process analysis of the common good is more<br />adequate to indicate its significant advantages in the context of sustainable development. The results<br />obtained indicate that the described solution can be successfully applied in the framework of the<br />concept of sustainable development. In most cases, this is due to the integration of the social and<br />economic needs of society. In some cases, environmental aspects can also cause a lot of benefits.<br />The article was written based on critical analysis of available literature.</p><p><em>Keywords: Commons, common pool resources, sustainable development</em></p> ER -