Committee: Economic and Social Council

Country: Republic of Liberia

School: Cagayan State University

Name: Kyle Ruzzel Suyu

Sustainable development, in layman's terms, defines as development sustained in the long run.
The present generation can utilize all the resources for the development of their country, not
compromising its environment giving the current generation a better society and government,
and allowing them to use the resources that they also have on the present day. Hence,
sustainable development should focus on the axioms that capture the sustainability concept
derived from the welfare criterion, which the word sustainability implies. The criterion that
emerges is complete, analytically tractable, and represented by a real-valued function. It
optimizes the leads to well-defined shadow prices used for sustainable cost-benefit analysis.

The Republic of Liberia would want to bring to the table the strategic framework alternating
sustainable development approach shifting its paradigm to adopt the persistent effect of the
COVID-19 Pandemic. The Pandemic is an unforeseeable event, and we would not expect that it
will hit us and the world, leaving our country and the rest of the world devasted; many people
died, and projects for the SGDs were postponed due to the impact of COVID 19 pandemic
hence shifting our paradigm and adopting the "NEW NORMAL METHOD."

The Republic of Liberia believes that the best option is to make a policy that uses the
sustainable cost-analysis in which policymakers and their project frameworks would apply so
that SGDs programs initiated are applicable in the "New Normal Method of Life." Hence all
programs related to the old standard way of life should be critically analyzed and assessed to
divert its paradigm in the New Normal Method, which is beneficial to our people and
sustainable development.

Graciela Chichilnisky “What is Sustainable Development” Land Economics Vol. 73 No. 4, Nov., 1997 What Is
Sustainable Development? on JSTOR