The concept of “sustainable development” at macro micro-levels: historical overview, approaches to interpretation, characteristics of component concepts

Issue: № 9/1, 2021

Doi: https://doi.org/10.37634/efp.2021.9(1).6

Introduction. Currently, leading economists from different countries are paying more and more attention to the issue of ”sustainable development”, as this issue is currently relevant not only for the country's economy as a whole, but also at the enterprise level. However, because this is a multifaceted and complex category. Many questions arise around it and they remain insufficiently studied and require in-depth research. The purpose of the paper. The scientific literature contains different approaches and different interpretations of the concept of “sustainable development” each scientist interprets this concept in his research. Therefore, it is necessary to consider the historical aspects of the emergence of this concept, to summarize the existing approaches to the interpretation of the category of “sustainable development” and to provide their own understanding of this concept. Find out the main components of sustainable development at the macro and micro levels and provide their characteristics, as well as understand what factors influence the sustainable development of the enterprise. Results. This paper analyzes the history of the concept of sustainable development, notes the basic principles of sustainable development. The approaches of various scientific opinions to the definition of “sustainable development” have been studied, generalized and systematized. Using the experience of domestic and foreign scientists on the interpretation of the concept of sustainable development, defined their own vision of the essence of the concept, and defined the concept of “sustainable development of the enterprise”. The conceptual foundations of the theory of sustainable development, which see a combination of certain basic components, were analyzed. The paper describes the above components of sustainable development in terms of enterprise: economic, social, environmental. The main factors influencing the sustainable development of an industrial enterprise are identified. Conclusion. Thus, the needs of a market economy in modern conditions require more flexibility from enterprises, more policies that are «modern» and strategies of competition. This, in turn, encourages companies to seek new approaches to conducting their business. It is the trajectory of sustainable development of economic activity of the enterprise and is one of the key activities of economic entities, which will contribute to the effective results of this activity.

Keywords : sustainable development, the triad of components of sustainable development, economic activity, balance of development, holistic system, Sustainable Development Goals, sustainable development, eco-development

References:

1. Vernadskyi V.I. Selected works. Kyiv: Naukova dumka, 2005. 301 p. (in Ukrainian).

2. Herasymchuk Z.V. Sustainable development of the region on the basis of ecology. Innovative economy. 2012. № 2 [28]. pp. 158–162. (in Ukrainian).

3. Hlynska A.Ye. Organizational and economic mechanism for sustainable development of light industry enterprises: author’s abstract … PhD in economic sciences: 08.00.04 / Kyiv national university of technologies and design. Kyiv. 2008. 21 p. (in Ukrainian).

4. Danylyshyn B.M. Sustainable development in the system of natural resource constraints. Kyiv: SOPS of Ukraine NASU, 1999. 367 p. (in Ukrainian).

5. Deili H. Out of growth. Economic theory of sustainable development. Kyiv: Intelsphere, 2002. 312 p. (in Ukrainian).

6. Zghurovskyi M.Z. Sustainable development of the regions of Ukraine. Sustainable development of the regions of Ukraine. Kyiv: NTUU ”KPI”, 2009. 197 p. (in Ukrainian).

7. Karpinskyi B.A., Bozhko S.M. Sustainable economic development: a generalized model: monograph. Lviv: Lohos, 2005. 256 p. (in Ukrainian).

8. Maiier Dzherald M. The main problems of development economics. Kyiv: Lybid, 2003. 688 p. (in Ukrainian).

9. Melnyk L.H. Fundamentals of sustainable development: textbook / Sumy: VTD “University book”. 2006. 383 p. (in Ukrainian).

10. Sustainable development of the industrial region: social aspects: monograph / ed. O.F. Novikov, et.al. Donetsk NAS Ukraine, Institute of Industrial economics. 2012. 534 p. (in Ukrainian).

11. Trehobchuk V.M. The concept of sustainable development for Ukraine. Bulletin of the NAS of Ukraine. 2002. № 2. pp. 31–40. URL: http://nbuv.gov.ua/UJRN/vnanu_2002_2_7 (in Ukrainian).

12. Fomina M.V. Sustainable economic development in the context of globalization: theory and methodology: author’s abstract … Doctor of economic sciences: 08.00.01 / Donetsk national university. Donetsk. 2010. 32 p. (in Ukrainian).

13. Shevchuk V.Ya. Macroeconomic problems of sustainable development. Kyiv: Geoprynt, 2006. 200 p. (in Ukrainian).

14. Report of the UNC on management Hru Kharlem Brutland, 1987. URL: https://www.zhiva-planeta.org.ua/diyalnist/staluy-rozvutok.html (in Ukrainian).

15. Declaration on Environment and Development (Rio de Janeiro, June 3–14 1992). URL: https://www.un.org/ru/documents (in Russian).

16. What is sustainable development: principles and history. URL: http://www.sd4ua.org (in Ukrainian).

17. Dr. M.S. Bisen. International Law, Sustainable Development &Agenda 2030. Juni Khyat (UGC Care Group I Listed Journal). 2020. Vol 10. №.16. pp. 7–13.

18. Baranovskyi V.A. Strategic aspects and priorities of sustainable (balanced, harmonious) development. Territory. Sustainability. 2004. № 2. pp. 24–31. (in Ukrainian).

19. Zhuchenko A.M. The concept of sustainable development in the modern economy. Global and national economics problem. 2016. Issue 13. pp. 431–434. (in Ukrainian).

20. Pradun V.P. Economic and ecological bases of sustainable development of regional agro-industrial complexes: author’s abstract … Doctor of economic sciences: 08.07.02 / Joint Institute of Economics of the NAS of Ukraine. Kyiv, 2005. 365 p. (in Ukrainian).

21. Trehobchuk V.M. The concept of sustainable development for Ukraine. Bulletin of the National Academy of Sciences of Ukraine. 2002. № 2. pp. 31–40. URL: http://nbuv.gov.ua/UJRN/vnanu_2002_2_7 (in Ukrainian).

22. Chernychko T.V. Ensuring balanced development of the economic system in the context of increasing the level of competitiveness of the national economy. Economy and society. 2016. № 3. pp. 103–108.

23. Rachel Emas, The Concept of Sustainable Development: Definition and Defining Principles / Florida International University/ Brief for GSDR. 2015.

24. Kasych A. Theoretical and methodical principles of managing enterprise sustainable development. Marketing and innovation management. 2017. № 2. pp. 298–305.

25. Popova O.Yu., Volkova Yu.V., Franko A.O., Chernoknyzhnyi M.A. Ensuring sustainable relations in the development of enterprises. Concepts of innovative development of entrepreneurship: monograph / ed. prof. V.V. Khrapkina. Kyiv: Interservice, 2018. pp. 56–64. (in Ukrainian).

Download paper