scholarly journals Decoupling of Economic Growth from Environmental Damage: A Theoretical Aspect

2021 ◽  
Vol 8 (1) ◽  
pp. 37-45
Author(s):  
Lesya V. Korolchuk
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
National Level ◽  
Theoretical Aspect ◽  
Environmental Damage ◽  
Deductive Method ◽  
Scientific Papers ◽  
Definition Of ◽  
Effective Development ◽  
Common Content

The relevance of the study is conditioned by the need for an in-depth investigation of decoupling as an indicator of the effectiveness of the state's implementation of the concept of sustainable development, which in the current trends of the world economy is dominant among countries. The purpose of the study is to improve and specify the theoretical foundations of decoupling economic growth from environmental damage. The methodological framework of the study included methods of empirical analysis, synthesis, induction, comparison, hypothetical-deductive method, as well as a systematic approach to the study of scientific papers of Ukrainian and foreign scientists, strategic environmental documents of authoritative international organisations on decoupling. The study identifies three content features of decoupling economic growth from environmental damage, related to the economic growth of the economic system and the environmental damage it causes, as well as two groups of factors of environmental damage: resource and environmental factors. The author has improved the definition of decoupling based on the analysis of existing definitions of this concept, by distinguishing them from common content features and their synthesis into a single whole. Types of decoupling and approaches to the classification of its degrees are considered: according to the method of the Organisation for Economic Cooperation and Development, as well as the author's method of P. Tapio. It was found that absolute decoupling constitutes a priority in the context of the state's implementation of the concept of sustainable development, as it meets the signs of decoupling and the basic principles of sustainable development identified in the course of the study. The study offers ways of effective development and intensification of decoupling processes within the framework of state implementation of the concept of sustainable development. The practical value of the obtained research results is related to their further application in the processes of strategic planning at the national level, as well as in the development of an economic mechanism to stimulate the decoupling of economic growth from environmental damage

scholarly journals The future Scotland wants – is it really all about Sustainable Economic Growth?

2015 ◽  
Vol 19 (1) ◽  
pp. 66-100 ◽  
Author(s):  
Andrea Ross
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Regulatory Reform ◽  
Sustainable Living ◽  
Policy Objectives ◽  
Scottish Government ◽  
Definition Of ◽  
Sustainable Economic Growth ◽  
Oral Evidence ◽  
The Relationship

This article analyses the legal and practical implications of the Scottish Government's overall stated objective of increasing sustainable economic growth and the further implications that arise now that the term is formalised in legislation. It draws on the author's previous research into use of legal duties to deliver government objectives and the meaning and delivery of sustainable development and economic development. It is based on a critical review of Scottish Government policy, the provisions of the Regulatory Reform (Scotland) Act 2014, as well as the written and oral evidence submitted to parliamentary committees scrutinising Bills, their reports, and the subsequent Government responses. More broadly, the article examines the relationship between sustainable economic growth and the more widely accepted and used objective of sustainable development as complementary or contrasting policy objectives and legal duties. In doing so, it also aims to demonstrate the difficulties governments face in trying to put flesh on the bones of the Brundtland definition of sustainable development and accelerate progress towards sustainable living.

scholarly journals SUSTAINABLE DEVELOPMENT: PARADIGM TRANSFORMATION IN THE СONTEXT OF ECONOMY ECOLOGIZATION

2021 ◽  
pp. 36-42
Author(s):  
Maryna Nahara
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Effect ◽  
Cyclical Fluctuations ◽  
Analysis And Synthesis ◽  
Scientific Principles ◽  
Development Concept ◽  
The Difference ◽  
Definition Of ◽  
Development Paradigm

Purpose. The purpose of the article is systematization of approaches to the definition of “sustainable development”, substantiation of its complementary components and improving the concept interpretation. Methodology of research. Dialectical method of scientific knowledge, general scientific principles, provisions of sustainable development concept are theoretical and methodological basis of the study. Systems analysis is used for disclosure of basic categories. Analysis and synthesis are used to improve the meaningful interpretation of sustainable development. Findings. It is substantiated that sustainable development is associated with the transformation of the human’s role in the process of socio-ecological and economic progress, progressive economic growth and the formation of a new circular economy. The difference between the concepts of “sustainable development” and “stability” is determined. Stability is a dynamic growth vector characterized by a positive value. Sustainable development implies not only positive values of growth, but also negative and zero indicators. The difference between stability and sustainable development is that the latter allows zero and negative values, and the amplitude of cyclical fluctuations is much larger than in stability process. Originality. Interpretation of “sustainable development” concept is improved. It is interpreted as a pluralistic, complementary process that interconnects with economic, social and ecological systems, determines their dynamics and direction in order to increase and qualitative growth of the integrated socio-ecological-economic effect, preservation and enrichment of the environment. Practical value. The main provisions of the study can be applied in the formation and use of sustainable development programs at the micro, meso and macro levels. Key words: sustainable development; stability; system; environmental management; environment; economic growth; environmental responsibility.

scholarly journals Principles of inclusive regional development in the conditions of financial decentralization

2019 ◽  
pp. 125-132
Author(s):  
Iryna Tsymbaliuk
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Regional Development ◽  
Optimal Allocation ◽  
Inclusive Development ◽  
Financial Resources ◽  
Self Development ◽  
Development Concept ◽  
Definition Of ◽  
Development Mechanism

Purpose. The aim of the article is the development of the inclusive regional development concept, which is seen as the response to the opportunities and threats that the decentralization of power and the financial decentralization of formed territorial communities. Methodology of research. Conventional economic methods are used in the study, in particular: monographic and system-structural, which are used in the development of the inclusive regional development concept in the conditions of decentralization. Findings. It is determined that global trends are oriented towards achieving the prospects of sustainable and inclusive development. The suggested concept of inclusive regional development is adapted to the new conditions taking this into consideration, and taking into account the current processes of financial decentralization taking place in Ukraine. The suggested definition of inclusive development reveals its content and ways of achieving social and economic growth, improving the quality of life of the population. The basic conceptual idea of inclusive regional development is formed and to define the goals, objectives and ways of its implementation. The essence and the author`s vision of financial decentralization as a process of transfer from the central to the local self-government bodies of financial resources, powers, making decision rights in order to better meet the needs of the population in obtaining public goods, intensify the economic growth of the respective territories are disclosed. The main components of the financial decentralization mechanism (methods, tools, principles, forms and factors) are characterized. The definition of the regional self-development mechanism in the conditions of financial decentralization is given and the imperatives of regional self-development mechanism functioning in the conditions of financial decentralization are revealed. Determinants of inclusive regional development are identified, which in their interaction create a synergistic effect for the sustainable development goals achieving. The article proves the necessity of further investigation of theoretical and institutional foundations of regional development with a view to implementing the decentralization of power policy and the necessity of adequate financial support of these processes. Originality.The concept of inclusive regional development under the conditions of financial decentralization is substantiated, which provides for optimal allocation of the financial resources of local self-government bodies accumulated in the local budget due to the effective use of opportunities from financial decentralization and minimizing its potential threats, in order to achieve sustainable development of the region with maximizing the share of the community social product and ensuring a fair distribution of the benefits received on the basis of inclusive growth. Practical value. The obtained results of the study are the basis for solving practical problems of regional development in the context of decentralization in Ukraine. Key words: inclusive regional development concept; financial decentralization; financial decentralization mechanism; financial decentralization factors; inclusive development; region`s self-development mechanism.

scholarly journals SUSTAINABLE DEVELOPMENT AS THE BASIS OF UKRAINE'S ENVIRONMENTAL POLICY

2020 ◽  
Vol 1 (9) ◽  
pp. 64-68
Author(s):  
Svitlana Chernik ◽  
Keyword(s):  
Sustainable Development ◽  
Environmental Policy ◽  
Natural Resources ◽  
Environmental Protection ◽  
National Level ◽  
State Level ◽  
The European Union ◽  
Association Agreement ◽  
Human Needs ◽  
Definition Of

It is established that sustainable development is the basis of Ukraine's environmental policy, which contributes to the balanced use of natural resources, environmental protection and human needs. The definition of the concept of "sustainable development", the main principles of the concept of sustainable development, the elements of the concept of sustainable development are studied. The definition of sustainable development as the interaction of man and nature on the basis of balance and interdependence, provides for rational and efficient consumption of natural resources, minimization of negative impacts on them in the process of meeting the needs of the individual. It is determined that global environmental issues require joint efforts and the implementation of appropriate policies at the state level. It is proved that the environmental policy of Ukraine is based on the principles of sustainable development and regulatory documents approved at the international, regional and national levels. The focus is on regulations governing the implementation of the main provisions of the concept of sustainable development. Important for humanity is the document approved in 2015 at the UN Summit, "Transforming our world: the agenda for sustainable development until 2030", which approved 17 Sustainable Development Goals. The signing of the Association Agreement between Ukraine, on the one hand, and the European Union, the European Atomic Energy Community and their Member States, on the other hand, confirmed Ukraine's intentions to further cooperate at the regional level in the field of environmental protection. It has been established that Ukraine is building its policy in view of the relevant commitments. At the national level, the concept of sustainable development is enshrined in the legislation of Ukraine, which lays the foundations of environmental policy and sets indicators for assessing the implementation of state environmental policy in the future.

Innovation and Sustainable Development

2010 ◽  
pp. 37-54
Author(s):  
Michael von Hauff ◽  
Andrea Jörg
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Theoretical Basis ◽  
New Technologies ◽  
Three Dimensions ◽  
Environmental Damage ◽  
Innovation Theory ◽  
The Sustainable Development ◽  
Sustainable Economic Growth ◽  
Development Paradigm

Many economic roundtables have proclaimed innovation as the key to economic growth. The theoretical basis for this view is amply demonstrated by today’s modern innovation theory. However, the fact that innovation also carries ecologic risk was, until recently, largely ignored. The potential for ecologic risk occurs when technologies are developed that threaten environmental damage that perhaps, does not become significant until well into the future. Risk may also occur indirectly when new technologies generate higher productivity but are also responsible for an additional burden on the environment. In principle, within the context of the sustainable development paradigm, innovation must be compatible with the three dimensions: Ecology, Economy and Society. The aim of this paper is to discuss the deficits of the mainstream innovation theory in the context of sustainability in addition to the role and significance of innovation in environmental engineering. This especially includes the opportunities and limitations of eco-innovation with respect to the current environmental policies for sustainable economic growth. A future challenge for research from a business perspective is to align eco-innovation as an integral component of an environmental management information system (CEMIS). In this context, eco-innovation can make a major contribution to environmental protection. However, within the scope of this paper, the focus is primarily on the rationale for sustainable innovation, in particular, eco-innovation.

scholarly journals INTEGRATED NON-FINANCIAL CORPORATE REPORTING ON SUSTAINABLE DEVELOPMENT

2017 ◽  
pp. 45-51
Author(s):  
O. E. Medvedeva
Keyword(s):  
Sustainable Development ◽  
Financial Reporting ◽  
Environmental Risks ◽  
Environmental Damage ◽  
Regulatory Document ◽  
Economic Problems ◽  
Corporate Reporting ◽  
Field Practice ◽  
Definition Of ◽  
Domestic Companies

The article discusses the legal and economic problems of development in Russia of a new tool of environmental management aimed at environmental protection and implemented through the concept of Integrated non-financial corporate reporting in sustainable development. Summarizes international approaches accounting community to this field, practice shows the preparation of the integrated non-financial reporting of the Russian company-mi, identifies the main problems and disadvantages of the preparation of the integrated non-financial reporting in relation to environmental components does domestic companies. To eliminate these disadvantages it is proposed to show the process of formation of the company’s value under the influence of factors of sustainable development in the preparation of integrated non-financial reporting through the integration of environmental risks, expressed in terms of the assessment of potential and actual environmental damage. Currently, the legal definition of “environmental damage" in the Russian legislation is missing. There are also no grades of environmental damage, which hinders an adequate assessment of environmental risks that could be reflected in integrated non-financial reporting. In order to eliminate the problems of preparation of integrated non-financial reporting by Russian companies, it is proposed to eliminate gaps in the legal and methodological regulation of issues of assessment and compensation of environmental damage and adoption of a specialized regulatory document in this area in the form of a standard for assessing environmental damage.

scholarly journals Sustainability and Asia

2015 ◽  
Vol 10 (1) ◽  
pp. 1-11
Author(s):  
Els van Dongen ◽  
Hong Liu
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Added Value ◽  
Future Generations ◽  
New Era ◽  
The World ◽  
Environment And Development ◽  
Definition Of ◽  
Brundtland Commission ◽  
Common Future

What is the added value of investigating the contested concept of “sustainability” in tandem with the geographical marker of “Asia” in today’s world? To answer this question, we need to return to the formulation of the problematique of “sustainability” and “sustainable development” several decades ago. The Our Common Future report of the World Commission on Environment and Development (WCED)—also known as the Brundtland Commission—put forward the most commonly recognized and most frequently used definition of “sustainable development” (SD) in 1987.1 Development could be made sustainable, so the report stated, “to ensure that it meets the needs of the present without compromising the ability of future generations to meet their own needs” (WCED 1987: 15). The report further proclaimed that there were limits to development, but that improvements in technology and social development could “make way for a new era of economic growth” (ibid.).

Economic Growth, Sustainable Development, and the Role of Markets

2014 ◽  
pp. 1-23
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Growth And Development ◽  
Development Theory ◽  
Economic Growth And Development ◽  
The Road ◽  
Definition Of ◽  
The Right ◽  
Important Notion

This chapter tracks the long path that Development Theory has traversed over the last century. Its origin traces back to the notions of economic growth and development and eventually reached a stage where governments and academics are more concerned with more holistic notions of development than merely growth. Sustainable development has become the most important notion of the day and provides a more comprehensive definition of development, linking ecological services and quality of life with economic growth. Such a paradigm shift in less than a century is no less than a revolution. Expectedly, this shift has been marked by cognitive dissonance, bitter debates, and scholastic antagonism. This chapter traces the story of how the road has been traversed and the shift achieved. It highlights the various theories of economic growth and development and focuses on the debates among economists that have helped the discipline traverse this long way. Finally, this chapter talks of markets. While it has often been understood that markets can promote economic growth, this chapter further emphasizes how markets, under enabling conditions, might be the right catalysts to promote sustainable development.

Innovation and Sustainable Development

2011 ◽  
pp. 1873-1890 ◽  
Author(s):  
Michael von Hauff ◽  
Andrea Jörg
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Theoretical Basis ◽  
New Technologies ◽  
Three Dimensions ◽  
Environmental Damage ◽  
Innovation Theory ◽  
The Sustainable Development ◽  
Sustainable Economic Growth ◽  
Development Paradigm

Many economic roundtables have proclaimed innovation as the key to economic growth. The theoretical basis for this view is amply demonstrated by today’s modern innovation theory. However, the fact that innovation also carries ecologic risk was, until recently, largely ignored. The potential for ecologic risk occurs when technologies are developed that threaten environmental damage that perhaps, does not become significant until well into the future. Risk may also occur indirectly when new technologies generate higher productivity but are also responsible for an additional burden on the environment. In principle, within the context of the sustainable development paradigm, innovation must be compatible with the three dimensions: Ecology, Economy and Society. The aim of this paper is to discuss the deficits of the mainstream innovation theory in the context of sustainability in addition to the role and significance of innovation in environmental engineering. This especially includes the opportunities and limitations of eco-innovation with respect to the current environmental policies for sustainable economic growth. A future challenge for research from a business perspective is to align eco-innovation as an integral component of an environmental management information system (CEMIS). In this context, eco-innovation can make a major contribution to environmental protection. However, within the scope of this paper, the focus is primarily on the rationale for sustainable innovation, in particular, eco-innovation.

Economic Growth, Sustainable Development, and the Role of Markets

2017 ◽  
pp. 41-59
Author(s):  
Nilanjan Ghosh ◽  
Anandajit Goswami
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Growth And Development ◽  
Development Theory ◽  
Economic Growth And Development ◽  
The Road ◽  
Definition Of ◽  
The Right ◽  
Important Notion

This chapter tracks the long path that Development Theory has traversed over the last century. Its origin traces back to the notions of economic growth and development and eventually reached a stage where governments and academics are more concerned with more holistic notions of development than merely growth. Sustainable development has become the most important notion of the day and provides a more comprehensive definition of development, linking ecological services and quality of life with economic growth. Such a paradigm shift in less than a century is no less than a revolution. Expectedly, this shift has been marked by cognitive dissonance, bitter debates, and scholastic antagonism. This chapter traces the story of how the road has been traversed and the shift achieved. It highlights the various theories of economic growth and development and focuses on the debates among economists that have helped the discipline traverse this long way. Finally, this chapter talks of markets. While it has often been understood that markets can promote economic growth, this chapter further emphasizes how markets, under enabling conditions, might be the right catalysts to promote sustainable development.

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