Sustainable development as a management concept of today

Production era and anthropocentric point of view are the main characteristics of the period from the fourteenth up to the end of the twentieth century, which had a negative impact on nature and the environment. On the other hand, increase in production volume raises awareness of the necessity of establishing a sustainable development as a new management approach for solving global social, economic and environmental problems. On the current level of social development is widely recognized need for integration of environmental requirements and basic environmental standards in specific national development policy and global international development policy. The simplest understood, sustainable development is refer to enabling the development over time. Sustainable development should ensure the harmonization of potentially conflicting objectives of different sectoral policies and socio-economic factors. Debate on sustainable development is based on the assumption that it is necessary to establish a balance between the three types of capital-economic, social and natural. These three types of capital are taken as the three pillars of sustainable development, and the purpose of sustainability is to maximize the benefits of development in all three areas