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People's Daily Online>>Opinion

Coping with environment, economic crises needs new approaches


19:00, December 14, 2011

BRUSSELS, Dec. 14 (Xinhua) -- The just-ended UN climate conference in Durban, South Africa, and the European Union summit in Brussels showed humanity is facing many challenges and crises that should be tackled with innovation and new mechanisms.

Both the world's current environment and economic crises were a result of the mistakes made by human beings in seeking economic development in the past.

The global warming and environment crisis was caused by many countries, especially developed countries, who stimulated economic development at the expense of the environment.

On the economic front, the maintenance of an expensive welfare social system by some European countries and the United States for many years has led them to embark on an unsustainable development path.

This pattern of unsustainability will have a profound impact on the world economy once the chronic illness related to it surfaces.

Solving the root causes of the two crises is a long, complex and arduous task, which involves not only environmental protection, economic growth, job creation and economic restructuring, but also the establishment of a new world economic and political order.

The task also calls for the exploration of a new development mode and the creation of new theories.

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