scholarly journals Concerning Sustainable Development of Economic Systems

2018 ◽  
pp. 16-23 ◽  
Author(s):  
L. N. Orlova ◽  
V. V. Kuznetsov
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Technological Development ◽  
Well Being ◽  
Economic Systems ◽  
Economic Approach ◽  
Industrialized Countries ◽  
Use Of Resources ◽  
Production And Consumption ◽  
Business Entities

The current technological development provides a foundation for fast growth of well-being in industrialized countries and at the same time causes global economic misbalance. Growing production and consumption lead to wasteful use of resources and increasing contamination of air, water and soil. In order to meet basic needs we cause damage to the environment. The article investigates the issues of strategic survival of society in conditions of natural resources deficit. The concept of sustainable development adopted and accepted in the whole world is, unfortunately just a concept in many spheres and it requires development and introduction of economic mechanisms of rational use of resources of all types. The continuously increasing speed of changes has become a principle factor of economic growth. But the economic approach is a pivot of the concept of sustainable development. The authors proved that only observance of balance between economic, social and ecological interests of business entities and their harmonization at the expense of innovation, which were used in economic, social and ecological life of society, could result in sustainable development of economic systems.

scholarly journals ECONOMIC POLICY OF SUSTAINABLE DEVELOPMENT IN LEADING COUNTRIES: LESSONS FOR UKRAINE

2021 ◽  
Author(s):  
Julia Orlovska ◽  
Alyona Khlivitskaya
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Policy ◽  
Natural Resources ◽  
Well Being ◽  
Economic Systems ◽  
Economic Management ◽  
Conservation Of Natural Resources ◽  
Tax Benefits ◽  
Environmental Measures

The article is devoted to the peculiarities of the introduction of the model of sustainable development in the economic systems of the leading world countries. Sustainable development is understood as a state of preserving the integrity of ecosystems, conservation of natural resources, constant maintenance of material and social well-being of the population. Economic policy of sustainable development is characterized as a state-defined system of scientifically sound measures aimed at improving economic processes and phenomena in order to simultaneously achieve economic growth, social justice and environmental management. The features of economic policy of sustainable development of Sweden, Switzerland, Denmark, Iceland and Czech Republic have been analyzed. The experience of establishing additional taxes for pollutants and tax benefits for enterprises that take measures for environmental modernization of production has been suggested to use in Ukraine. It has been considered necessary to create a system of national grants for the implementation of such models of economic management of natural resources, which not only will not harm the environment, but will also correct the already caused harm. The obligatory principle of implementation of specific environmental measures has been recognized the administrative and financial decentralization.

scholarly journals THE GREEN IDEA IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT OF TOURISM

2019 ◽  
Vol 34 (5) ◽  
pp. 1553-1558
Author(s):  
Iva Bichurova ◽  
Petia Yordanova-Dinova
Keyword(s):  
Sustainable Development ◽  
Negative Impact ◽  
Well Being ◽  
Public Authorities ◽  
Innovative Strategy ◽  
Cultural Wealth ◽  
Mass Tourism ◽  
Visitor Satisfaction ◽  
Use Of Resources ◽  
Touristic Development

Alternative forms of tourism are increasingly recognized as key to sustainable development. The reasons for this are that, contrary to mass tourism with its negative impact on the visited areas, alternative tourism causes a form of balanced growth, in harmony with the environment and in socio-cultural terms. The development of tourism in a sustainable way is relatedto the implementation of an innovative strategy by touristic organizations. The advantage of tourist resources is that they can be reused without compromising their quality, provided, however, that no actions are taken to destroy or change them irrevocably. The biggest guidance for strengthening tourism is the ability of managers to formulate a strategy for achieving competitive advantage for their organizations. The goals of sustainable touristic development are economic viability, local prosperity, quality of employment, social equality, visitor satisfaction, local control, social well-being, cultural wealth, physical integrity, biodiversity, efficient use of resources, cleanliness of the environment. In this respect, the cluster model of organization and coordination of tourism activity is a prerequisite for economic and social efficiency, especially for the development of touristic destinations in local settlements and resorts, in combination with various public authorities and especially between private companies and enterprises.Whatever the environment of the region, care must be taken to preserve it for future generations. Today's world is very dynamic and change is intangible. The purpose of adaptation is not to destroy the principles of sustainability. If they, as well as the adoption of adequate policies, remain unused, then tourism tourism will be to the detriment of the environment.

DIGITAL PRODUCTION AND TECHNOLOGICAL DEVELOPMENT OF REGIONAL ECONOMIC SYSTEMS

2020 ◽  
Vol 3 (11) ◽  
pp. 86-92
Author(s):  
O. A. DONICHEV ◽  
◽  
S. A. GRACHEV ◽  
M. L. BYKOVA ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Mathematical Analysis ◽  
Significant Relationship ◽  
Technological Development ◽  
The State ◽  
Economic Systems ◽  
Gross Regional Product ◽  
Suggested Approach ◽  
Digital Production ◽  
Regional Product

The article is devoted to the analysis of aspects of industrial and technological development of regions in the conditions of digitalization. The purpose of the study is to try to determine the conditions and assess the economic growth of regions depending on the state of digitalization of the industrial and economic entities located in them. The research methodology is based on the use of statistical, comparative, and economic-mathematical analysis methods to establish the existing dependencies. A significant relationship has been established between the state of digitalization of the region and the growth rates of the gross regional product in them. The suggested approach can be applied by representatives of government authorities, scientists, and businesses to continue the analysis.

scholarly journals Degrowth: a proposal to foster a deeply radical socio-ecological transformation

Oikonomics ◽  
2021 ◽  
Author(s):  
Federico Demaria
Keyword(s):  
Economic Growth ◽  
Environmental Impacts ◽  
Environmental Sustainability ◽  
Research Question ◽  
Well Being ◽  
Developed Countries ◽  
Planetary Health ◽  
Production And Consumption ◽  
Industrialised Countries ◽  
Sustainable Recovery

For a sustainable post-Covid-19 recovery strategy, humanity faces two major challenges: 1. Just prosperity: The creation of a resilient and fair economy that delivers prosperity for all; 2. Public and planetary health: protect human health, together with the reduction of environmental impacts below thresholds of planetary boundaries including greenhouse gas emissions. The Covid-19 crisis could represent an opportunity for responses that integrate different goals, or a drawback if some are prioritized without considering their impacts on the others. New kinds of informed solutions are needed to ensure long-term sustainability in social, economic, and environmental terms. This article addresses the research question: How could developed countries manage a sustainable recovery that provides a good life for all within public and planetary health? First, it argues that economic growth is not compatible with environmental sustainability. Green Keynesianism is based on the hypothesis that economic growth can be decoupled from environmental impacts, but this has not happened and it is unlikely to happen. Second, it introduces degrowth as an alternative to green growth. Degrowth challenges the hegemony of economic growth and calls for a democratically led redistributive downscaling of production and consumption in industrialised countries as a means to achieve environmental sustainability, social justice, and well-being. Third, it traces the recent evolution of the term degrowth from an activist slogan to an academic concept. Last, it calls for an alliance of alternatives that could foster a deeply radical socio-ecological transformation.

Environmental and economic processes in the European North of Russia: Sustainability Window Analysis

2020 ◽  
Vol 16 (4) ◽  
pp. 644-661
Author(s):  
G.T. Shkiperova ◽  
P.V. Druzhinin ◽  
A.E. Kurilo
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Development ◽  
Well Being ◽  
The Sustainable Development ◽  
Window Analysis ◽  
Development Scenarios ◽  
European North ◽  
Northern Regions ◽  
The Republic

Subject. The article discusses issues that arise in evaluating and monitoring the transition to sustainable development, being important aspects researchers and politicians focus on. Successful planning of future growth and decision-making are recognized to require comprehensive actions addressing economic, environmental and social aspects of sustainability. The analysis of the sustainability window seems as one of possible methods to evaluate the quality of economic growth in line with environmental and social prospects. Objectives. The study evaluates boundaries of the sustainable economic growth of the northern regions of Russia, referring to its environmental footprint and well-being of people. Methods. We applied methods of statistical and comparative analysis and evaluated boundaries of the sustainable development of regions with the sustainability window analysis. Results. The sustainability window is proved to exist for all regions of the European North of Russia, except the Republic of Komi. However, GRP grew out of the sustainability limits in certain years. The lower bound of the sustainable economic development slowly decreased until 2013, but reassumed its growth afterwards. After 2013 an expected increase in the public well-being required higher rates of economic growth. Some regions failed to ensure them. Conclusions and Relevance. The analysis of the sustainability window and the analysis of environmental efficiency gap are critically informative for specialists in charge of planning and decision-makers. The method helps use various sets of indicators and analyze various time series, thus streamlining the elaboration of economic development scenarios, conditions in line with environmental and social sustainability.

The Influences of Savings and Investments on Sustainable Development and the Role of Information Technology

2011 ◽  
pp. 1782-1803
Author(s):  
Leonardo Baggiani
Keyword(s):  
Economic Growth ◽  
Information Technology ◽  
Sustainable Development ◽  
Positive Contribution ◽  
Monetary Policies ◽  
Use Of Resources ◽  
Individual Decisions ◽  
The Government ◽  
Role Of Information

This chapter investigates how the combination of savings and investments affects economic development and sustainability. This discussion aims to help to understand the role of savings as a support to growth, and how biasing individual decisions on consumption and debt via monetary policies can be a source of economic growth un-sustainability. Information technology helps to optimise the use of resources, but it even makes dangerous policies easier to implement. Section 1 shows theoretical insights into the contribution of savings to growth, and the concept of sustainability; section 2 focuses on the theories that better deal with the sustainability concern and investigates the role of information technology in monetary policy; section 3 shows the growing, positive contribution of e-money to growth and sustainability, and it suggests a new role for the government as advisor within an information-enhanced economy where information technology can play a prominent role; section 4 concludes.

An Intellectual History of Environmental Economics

2002 ◽  
Vol 27 (1) ◽  
pp. 57-81 ◽  
Author(s):  
David Pearce
Keyword(s):  
Economic Growth ◽  
Intellectual History ◽  
Environmental Economics ◽  
Policy Instruments ◽  
Well Being ◽  
Economic Systems ◽  
Incentive Design ◽  
History Of ◽  
Traditional Work ◽  
The 1960S

▪ Abstract  From modest beginnings in the 1960s, environmental economics has grown to be a major subdiscipline of economics. It combines traditional work in the field of welfare economics and the theory of economic growth with more recent perspectives on the political economy of choosing policy instruments and the philosophy of sustainable development. The central tenets are that environmental problems have their roots in the failure of economic systems to maximize human well-being, that environmental quality matters for human well-being and for more traditionally oriented economic growth objectives, and that efficient policy can be achieved through incentive design.

scholarly journals SUSTAINABLE DEVELOPMENT OF ECONOMIC SYSTEMS: PROJECT-DECENTRALIZATION APPROACH

2018 ◽  
Vol 20 (3(68)) ◽  
pp. 46-56
Author(s):  
P. GORIUP ◽  
O.I. LAIKO ◽  
Z.V. CHECHOVICH
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Development ◽  
Investment Project ◽  
Economic Systems ◽  
Investment Projects ◽  
Socio Economic Development ◽  
Methodological Approaches ◽  
Conceptual Foundations ◽  
Stimulation Of

Topicality. The conceptual foundations of institutional support for the development of regional economic systems around the world are in state of constant transformation according to the impact of key topical trends. During the last two decades, the EU has adopted policy of active investment support for the development of local destinations, territorial centers of resource concentration and economic growth. The general rules of the investment activities conducting are combined with targeted measures of support for the implementation of strategically significant projects. The emphasis in the European regional policy has shifted towards the will of the investments attracting so much that, in fact, the whole policy of stimulating of regional sustainable development has turned into investment policy. An important task for the practical implementation of tools for a project, decentralization approach is the development of methodical tools for the preparation and execution of priority investment projects in the territorial communities in order to develop scientific and applied tools. Even the consideration of specific practical situations is urgent with the purpose of generation of new organizational and economic mechanisms that are to stimulate investment development of territories. Despite numerous theoretical and applied developments in the field of the socio-economic development stimulation of regions and territorial communities, the questions remain unanswered regarding the methodological bases for regulation of priority areas of economic activity of territorial communities and methodological approaches to selection, assessment of the degree of perspective and promotion of implementation of priority investment projects taking into account the specifics and the concentration of local resources. In more specific and applied aspects, the issue of project incentives for socio-economic development of communities is unresolved for the conditions of the national economy, on the basis of decentralization reform and taking into account the requirements of the ideology of sustainable development. Also, the description of various situations with the organization of socio-economic development of the territorial community in the conditions of decentralization, as an example of concrete projects, is still insufficiently considered.Aim and tasks. The purpose of the article is to formulate conceptual foundations, methodological approaches to the stimulation of the sustainable development of territorial communities in the conditions of decentralization, using the best European principles, practices and on the basis of specific situation description of the development and implementation of a long-term investment project for the territorial community. Consideration of the prospects and key aspects of the implementation of investment projects will be considered on the example of the planned association of the Lyman united territorial community of the Tatarbunarian district of the Odessa region.Research results. The conceptual, methodical principles of project support of investment activity in territorial communities are considered, algorithm of selection and support of investment project realization, which is a priority for the territorial community, is defined. There is considered, on the example of the Lyman United Territorial Community, a project on integrated recycling and rational waste management, the results of which the experts of the Institute for Market Problems and Economic & Ecological Research of the National Academy of Sciences of Ukraine with representatives of the future community testify to the demand for an individual, pro-project approach to the solution of territorial communities problems, on the basis of local features. Thus, in the considered example, taking into account the specifics of composition, volumes, garbage structure and taking into account the seasonal fluctuations in its formation, the original methods are proposed that are available for the community during the processing of waste products into useful products, which are in demand, first of all, in the domestic market segment of the same community. The economic, social, ecological effectiveness of this project is determined, prospects of viability and opportunities for project development are estimated.Conclusions. The experience of working with representatives of territorial communities in the field of implementation of scientific and applied developments to stimulate the socio-economic growth of economic systems on the basis of sustainable development suggests the need for methodological tools on planning sustainable development of territorial communities in the context of decentralization reform.The prospects of the proposed approach include the possibility of local administration and application of measures of economic and organizational assistance for the implementation of such unique projects by the very same territorial community. Support for promising investment projects can be carried out directly by the administrations of territorial communities on the basis of scientifically substantiated principles concerning economic, tax, organizational and other types of regulation.

scholarly journals SUSTAINABLE DEVELOPMENT ACTION PROGRAM: REVIEW OF GREEN, BLUE AND CIRCULAR ECONOMICS CONCEPTS

2020 ◽  
pp. 247-257
Author(s):  
Ye. Mishenin ◽  
I. Koblianska
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Economic System ◽  
Business Models ◽  
Green Economy ◽  
Management Policy ◽  
Economic Systems ◽  
Economic Knowledge ◽  
Use Of Resources ◽  
Circular Economics

The search for a methodological basis for economic development that meets the principles of sustainable development, and its transformation into real mechanisms of functioning of socio-economic systems, is an urgent problem of our time. Against this background, in less than 20 years, different concepts have been proclaimed as action programs for the economic development of nations: green, blue and circular economiсs. At the same time, the question about the interrelation of concepts of "green", "blue" and "circular" economics remains unresolved. Are these concepts complementary or alternative? Could they be implemented simultaneously? In what way they contribute to the goals of sustainable development? What is the ability of each of these concepts to put into practice progress towards sustainable development at different levels of socio-ecological and economic systems functioning? This study aims to answer these questions through the study, generalization and critical reflection of the research results of world and domestic scientists on the content and methodological principles that form the basis of green, blue and circular economics concepts. The main features, spheres, key accents and relations of these concepts are investigated in the article. The results of the analysis give grounds to conclude that with the change of "colors" of concepts aimed at ensuring the sustainable economic development, there is a transformation of understanding of the relationship between the economy and nature. There is a movement from an anthropocentrism, which, to some extent, formed the basis of a green economy built on the implementation of green technological solutions, to an understanding of the unity and interdependence of resource movements in the natural and economic system within a circular economy. A new vision of the socio-economic system, which operates on the basis of congruence with nature, changes the model based on human dominance. The proposed solutions are becoming more and more concrete – from the general policy guidelines within the Green Economy to specific mechanisms for the transformation of business models and the use of resources in a circular economics. This illustrates the paradigm shift of economic knowledge, its adaptation for sustainable resource management, policy making and support for institutional change and, in fact, gives reason to hope for the implementation of the idea of sustainable development, i.e. the harmonization of socio-economic processes within the natural constraints.

The Influences of Savings and Investments on Sustainable Development and the Role of Information Technology

2010 ◽  
pp. 66-86 ◽  
Author(s):  
Leonardo Baggiani
Keyword(s):  
Economic Growth ◽  
Information Technology ◽  
Sustainable Development ◽  
Positive Contribution ◽  
Monetary Policies ◽  
Use Of Resources ◽  
Individual Decisions ◽  
The Government ◽  
Role Of Information

This chapter investigates how the combination of savings and investments affects economic development and sustainability. This discussion aims to help to understand the role of savings as a support to growth, and how biasing individual decisions on consumption and debt via monetary policies can be a source of economic growth un-sustainability. Information technology helps to optimise the use of resources, but it even makes dangerous policies easier to implement. Section 1 shows theoretical insights into the contribution of savings to growth, and the concept of sustainability; section 2 focuses on the theories that better deal with the sustainability concern and investigates the role of information technology in monetary policy; section 3 shows the growing, positive contribution of e-money to growth and sustainability, and it suggests a new role for the government as advisor within an information-enhanced economy where information technology can play a prominent role; section 4 concludes.

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