Sustainable economic development is reportedly important to a majority of economic development leaders, yet a triple bottom line approach is not a common practice. Why?
The authors of a recent article in Economic Development Quarterly, “The Triple Bottom Line and Sustainable Economic Development Theory and Practice,” offer some reasons and propose a set of remedies.
One explanation is that TBL practices “may be adopted without the terminology being applied.” In other words, economic developers may be undertaking activities that are consistent with sustainable economic development values but do not carry that label.
