, PhD in Economics, associate professor, Kharkiv, Pletnovsky 5

In heading

Economic theory;

Signed print


Issues number

2018 - № 4 (35)



Type of articles

Scientific article

Code UDK


ISSN print



Problem setting. Over the last decade, there have been changes of the insight into the role and interaction of a society, economy, and nature and the shift in emphasis towards the unity of these three phenomena. Such processes have been caused by numerous ecological and socio-economic problems in the way of progress. These changes have become the basis for recognizing the theory of sustainable development as a methodological basis for the formation of a state ideology and policy of socio-economic development.
Recent research and publications analysis. Many domestic and foreign scientists research conceptual frameworks of sustainable development, its main factors and obstacles, and directions of practical implementation. However, categorical frameworks of the conception and terms of bringing its principle into practice of government regulation of the economy in Ukraine during the period of contemporary socio-economic and political transformations are insufficiently examined.
Paper objective. Having analysed inherent peculiarities and an interrelation of categories of sustainable development, economic development, and economic growth, the author reveals principles of the conception of sustainable development and substantiates the necessity and directions of implementing these principles in an economic policy of the country oriented towards providing balanced development of the Ukrainian economy.
Paper main body. A large number of various models, theories, and conceptions underlie the conception of sustainable development. The essence and content of these models, theories, and conceptions, as well as primary needs of the modernity and humankind stipulate the cognitive perception of the actuality and relevance of its acceptance and implementation. Factors stipulating problems of the transition of Ukraine to the model of balanced development encompass: a high level of the anthropogenic burden on particular regions and considerable pollution of the environment; the unbalanced structure of the economy with a significant percent of export of extractive industries; unevenness of regional concentration of manufactures; a low level of competitiveness of the country in
international markets; negative tendencies of international economic specialization of the country; a deficit and unevenness of distributing certain types of natural resources within the territory.
Conclusions of the research. Thus, sustainable development is characterized by general categories as well as categories with content peculiarities. Firstly, there is a need to differ notions of economic development, which consists in socio-economic changes and qualitative transformations being inherent to a society during a certain period of time, and economic growth being characterized by quantitative indicators, primarily, by those disclosing macroeconomic results of the national economy and their dynamics. Sustainable development contemplates balanced economic development constituting the unity of economic growth as well as stability of a society and the living environment. Secondly, the orientation towards economic growth, which does not take into account social and
ecological factors and consequences, leads to the exacerbation of a contradiction “the increase of human needs – scarcity of natural resources”. Implementing principles of sustainable development in the economic practice of the society will conduce to overcoming this contradiction. Thirdly, the current state of the national economy significantly restricts opportunities of harmonic development of a society as a “economy – society – nature” system. Creating necessary preconditions for balanced development is one of the most important goals for Ukrainian. Conceptual frameworks of the theory of sustainable development should underlie an economic policy of the country.
The main abstract of the article
Abstract. The article analyses issues related to the transition of Ukraine to a balanced development model, revealing the essence and interrelation of categories of “sustainable development”, “economic development”, and “economic growth”. The author has ascertained the main obstacles and restrictions of a harmonic social progress in Ukraine. The author has proven the methodological role of a sustainable development concept in the unity of a human, economy, and nature regarding resolving contradictions “the increase of human needs – scarcity of natural resources” and determining priorities of a government economic policy.


sustainable development, economic development, economic growth, wealth, society, nature.


External reviewer

Article in PDF



1. Arefieva, O. V., & Shnypko, O. S. (2006). Superechnosti rozvytku yak osnovne dzherelo zahrozy bezpetsi rivnovahy ekonomichnykh system [Controversy of development as the main source of the threat to security of the balance of economic systems.]. Aktualni problemy ekonomiky – Actual problems of the economy, 3(57), 57–64 [in Ukrainian].
2. Babych, L. M., & Liubokhynets, L. S. (2009). Suchasni pidkhody analizu modyfikatsii modelei ekonomichnoho zrostannia za umov rozvytku novoi ekonomiky [Modern approaches to the analysis of modifications of models of economic growth in the conditions of the new economy]. Visnyk khmelnytskoho natsionalnoho universytetu – Bulletin of the Khmelnytsky National University, 4(1), 116–122 [in Ukrainian].
3. Bibik, N. V. (2009). Indykatory staloho rozvytku – mizhnarodna praktyka ta ukrainski realii [Indicators of sustainable development – international practice and Ukrainian realities.]. Naukovyi visnyk Poltavskoho natsionalnoho tekhnichnoho universytetu «Ekonomika i rehion» – Scientific herald of Poltava National Technical University "Economics and region", 2(21), 43–48 [in Ukrainian].
4. Bizyarkina, E. N., Ovsienko, Yu. V., & Suhova, N. N. (2007). Ustoychivoe razvitie: kontseptsiya i strategicheskie orientiryi [Sustainable Development: Concept and Strategic Reference]. Ekonomika i matematicheskie metody – Economics and mathematical methods, 43(4), 23–33 [in Russian].
5. Bystriakov, I., & Khvesyk, M. (2012). Paradyhmalnyi pohliad na kontsept staloho rozvytku Ukrainy [Paradigmatic view on the concept of sustainable development of Ukraine.]. Ekonomika Ukrainy – Ukraine economy, 6, 4–12 [in Ukrainian].
6. Buian, I. (2005). Ekonomichne zrostannia: sut, sotsialni peredumovi ta naslidky [Economic Growth: Essence, Social Preconditions and Consequences]. Visnyk TANH – TANЕ Journal, 2, 9–26 [in Ukrainian].
7. Vakhovych, I. M. (2012). Teoretychni zasady formuvannia modeli staloho rozvytku suspilstva [Theoretical principles of forming a model of sustainable development of society. Scientific herald of Volyn National University]. Naukovyi visnyk Volynskoho natsionalnoho universytetu – Scientific herald of Volyn National University,15, 17–27 [in Ukrainian].
8. Heneralova, Yu. V. (2006). Metodolohiia doslidzhennia tendentsii ekonomichnoho zrostannia [Methodology for studying the trends of economic growth.]. Aktualni problemy ekonomiky – Actual problems of the economy, 1(55), 3–10 [in Ukrainian].
9. Demchenko, N. (2012). Kontseptsiia staloho rozvytku v dzerkali hlobalizatsii [Concept of sustainable development in the mirror of globalization]. Ekonomichnyi analiz – Economic analysis, 11(1), 14-18 [in Ukrainian].
10. Zaiets, I. (2010). Pro instytutsiine zabezpechennia staloho rozvytku Ukrainy [On Institutional Provision of Sustainable Development of Ukraine]. Vidpovidalna ekonomika: naukovo-populiarnyi almanakh – Responsible Economics: A popular science almanac, 2, 32–35 [in Ukrainian].
11. Kozachenko, S. V., Paliienko, Zh. V., & Fediuk, L. H. (2007). Naukovi peredumovy rozrobky kontseptsii harmoniinoho suspilnoho rozvytku [Scientific preconditions for the development of the concept of harmonious social development.]. Stratehiia rozvytku Ukrainy – Strategy of development of Ukraine, 1-2, 7–15 [in Ukrainian].
12. Korniichuk, L. (2008). Ekonomichne zrostannia i stalyi rozvytok [Economic growth and sustainable development]. Ekonomika Ukrainy – Ukraine economy, 3-4, 82-90 [in Ukrainian].
13. Lisovskyi, S. A., & Rudenko, L. H. (2005). Kontseptsiia staloho (zbalansovanoho) rozvytku ta yii spryiniattia v Ukraini [The concept of sustainable (balanced) development and its perception in Ukraine]. Ukrainskyi heohrafichnyi zhurnal – Ukrainian Geographic Journal, 4, 3–10 [in Ukrainian].
14. Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3-42.
15. Romer, P. (1986). Increasing Returns and Long Run Grows. Journal of Political Economy, 94, 1002–1037.
16. Thor, S. A. (2006). Problemy formirovaniya modeli ustojchivogo ekonomicheskogo razvitiya [Problems of forming a model of sustainable economic development.]. Visnyk SNU – Newsletter of the SNU, 5, 206–210 [in Russian].
17. Flud, N. A. (2006). Kak izmerit «ustojchivost razvitiya» [How to measure the "sustainability of development"]. Voprosy statistiki – Statistics Issues, 10, 19–29 [in Russian].
18. Drozach, M. (2011). Profesiine navchannia personalu na vyrobnytstvi: perspektyvy innovatsiinoho rozvytku [Professional training of personnel at work: perspectives of innovative development]. Ukraina: aspekty pratsi – Ukraine: aspects of labor, 6, 35–38 [in Ukrainian].
19. Tsymba, T. Ye. (2003). Doslidzhennia ekonomichnykh system ta modeliuvannia yikh rozvytku [Research of economic systems and modeling their development.]. Rehionalni perspektyvy – Regional perspectives, 7-8, 8–22 [in Ukrainian].
20. Pro Kontseptsiiu staloho rozvytku naselenykh punktiv: Postanova Verkhovnoi Rady Ukrainy vid 24.12.1999. 1359-KhIV. (1999). [On the Concept of Sustainable Development of Settlements: Resolution of the Verkhovna Rada of Ukraine dated December 24, 1999]. Retrieved from [in Ukrainian].
21. Pro zatverdzhennia Derzhavnoi stratehii rehionalnoho rozvytku na period do 2015 roku: Postanova Kabinetu ministriv Ukrainy vid 21.08.2006. 1001. (2006). [On aproval of the State Strategy for Regional Development for the period up to 2015. Resolution of the Cabinet of Ministers of Ukraine dated August 21, 2006]. Retrieved from %BF [in Ukrainian].
22. Pro zatverdzhennia Derzhavnoi stratehii rehionalnoho rozvytku na period do 2020 r. Postanova Kabinetu ministriv Ukrainy vid 6.08.2014. 385. (2014). [On approval of the State Strategy for Regional Development for the period up to 2020. Regulation of the Cabinet of Ministers of Ukraine dated August 6, 2014]. Retrieved from [in Ukrainian].
23. Pro Stratehiiu staloho rozvytku «Ukraina – 2020». Ukaz Prezydenta Ukrainy vid 12.06.2015. 5/2015. (2015). [About the Strategy of Sustainable Development"Ukraine-2020". Decree of the President of Ukraine dated June 12, 2015]. Retrieved from [in Ukrainian].

Code DOI