Conceptual framework for balancing economic growth and environmental sustainability at regional level
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- Category: Economy and management
- Last Updated on 04 February 2016
- Published on 04 February 2016
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Authors:
D. Palekhov, Cand. Sci. PhD in Law, PhD in Environmental and Resource Management, Brandenburg University of Technology Cottbus-Senftenberg (BTU), Coordinator of the PhD Programme “Environmental and Resource Management”, Cottbus, Germany.
L. Palekhova, Cand. Sci. (Econ.), State Higher Educational Institution “National Mining University”, Senior Lecturer of the Marketing Department, Dnipropetrovsk, Ukraine.
Abstract:
Purpose. To determine the main directions for the reformation of strategic regional governance in support of implementation of the sustainable development policy at regional level.
Methodology. The main arguments in this article were developed through the content analysis of scientific literature dedicated to the problems of transition of regional development towards the path of sustainability, and through the comparative analysis of statistical data in the field of environmental and economic policy in various regions of Ukraine.
Findings. The concept and objectives of regional governance were specified in the context of sustainable development; the historical analysis of various forms of implementing principles of sustainable development at regional level was conducted; the problem of balancing environmental management with economic development in Ukrainian regions was analysed.
Originality. Conceptual directions for balancing the environmental, social and economic development targets at regional level were suggested in this article.
Practical value. The implementation of the proposed recommendations would contribute towards the reduction of environmental load while enhancing economic growth of regions.
References:
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