The expansion of global growth over the past few years has shown momentum, giving hope to increasing employment by increasing better living standards. However, threats remain, including the risk of escalating trade conflicts, government and private debts which, throughout history, turmoil on financial markets, has been corrected by unstable geopolitical conditions. If we look further into the long run, global momentum is currently under pressure and is fully eroded against institutions, where we know that trust is truly the pulse of finance everywhere. Declining, believe this will have an impact on the dimensions: Global financial setbacks that continue to shadow, perceptions about the benefits of economic growth and globalization are not spread equally and evenly, discuss about future work (future work), governance. The population is getting older and increasing money widening. And, if it does not succeed immediately, climate change will greatly damage welfare in the future. The state does not need to continue to focus on the various challenges mentioned because it is not immediately obvious because it will last for a long time.
For globalization to benefit all, one that is the focus of the IMF is to provide critical macro policy advice by making sustainable growth address climate change. United Nations Sustainable Development (SDGs), which shows a clear relationship between economic growth, social inclusion, and environmental sustainability. Global Economic Prospects for October 2017 regarding climate change reflecting the high temperatures faced by the uneven economic climate, with changes that can occur in countries with relatively hot climates, such as large countries that produce low incomes. Good domestic and development policies and investments in certain adaptation strategies can help reduce losses due to weather shocks and climate change. However, given the low-income countries, the international community must support these countries as long as they address changing interests as a challenge.
If that doesn’t work, climate change will turn out to be one of the biggest economic shocks in the 21st century, caused by enormous effects such as temperatures which will become hotter, bigger and more frequent natural disasters, rising sea levels, also magnified. living in the ecosystem. IMF research into the World Economic Prospects for October 2017 estimates that economic costs will go up in price substantially, especially for developing countries that demand cheap, which in fact will produce very little greenhouse gas emissions. On average, for developing countries with low incomes at a temperature of 25 degrees Celsius, each 1 degree Celsius increase in temperature will reduce GDP per capita by about 1.5 percent and this loss will increase for seven years. If emissions are unsuccessful, then the output of a low-income developing country will increase by an average of one-tenth of its per capita income by the end of this century. Increases in temperature will also affect economic outcomes in various ways, such as lower agricultural yields, lower worker productivity due to exposure to hot weather, poorer health, and lower investment returns. About 60 percent of the world’s population lives in countries where these impacts can occur.
Other ideas about the balance between economics, social science for our environment of sustainability can come together with a meeting of scientists, at the conference, talking about how to use it as a positive force to better manage and preserve life on land for economic improvement. Therefore, in carrying out this mission, we publish a conference with the theme “Environmental, Economic and Social Change Impact on Sustainable Development“.