Open AccessEconomics of Sustainable Development (Problems and Prospects of Formation)
Author(s) -
Aitech Аyubovich Khagurov,
Марина Бондаренко
Publication year - 2020
Publication title -
obŝestvo: politika, èkonomika, pravo
Language(s) - English
Resource type - Journals
eISSN - 2223-6392
pISSN - 2071-9701
DOI - 10.24158/pep.2020.12.10
Subject(s) - economic science , sustainable development , population , economics , economic growth , development economics , political science , sociology , classical economics , demography , law
The present study examines the coming crisis of economic science, which does not correspond to the changes taking place in the world economy. Economic concepts based on gross domestic prod-uct calculation cannot adequately reflect the ever-increasing impact of environmental and social fac-tors on the life of society. Scientific centers in West-ern countries are intensively working on creation of indices that take into account the changes in the environment and their economic consequences, as well as their impact on the quality of life of the population. These studies show how urgent is the need for the transition of economic science from the concept of GDP to the socio-economic one. Sus-tainable development indices developed by leading research centers reveal the contours of a new, green economic science. The authors think it expedient to apply new tools with regard to contemporary Rus-sian realia.