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The modern world is at a new historical turning point (transition from industrial to post-industrial or information society). Today, this is most often referred to as a transitional or transitional period. However, this process is often reduced as the transition of the planned economies of the former socialist countries to market economies and the transition of their authoritarian social systems to democratic societies. The modern transitional period represents the period of the realization of the third scientific and technological revolution (biotechnology, robotics, informatics, new materials, conquest of space and sea for production purposes), which changes both production forces and production relations. Namely, all this leads to a new organization of production, a new type and carrier of production management, changes the importance and role of ownership, factors of production, the nature of distribution, and thus suggests the creation of a new type of social relations. The process of socialization, humanization, new integration is being realized, new technologies are being developed, but also a new quality of life. It is reflected in the transformation of the capitalist and real-socialist mode of production into a new mode of production. We call this transitional stage the modern transitional or transitional period.

Management of transition processes in the function of sustainable development