Open AccessSYSTEM OF FACTORS AND MECHANISM OF «GREEN TRANSFORMATION» OF ECONOMIC SYSTEM OF THE COUNTRY
Author(s) -
Taras Kotsko
Publication year - 2021
Publication title -
pričornomorsʹkì ekonomìčnì studìï
Language(s) - English
Resource type - Journals
eISSN - 2524-0900
pISSN - 2524-0897
DOI - 10.32843/bses.63-5
Subject(s) - economic system , green economy , context (archaeology) , economics , sustainable development , structural change , economy , business , market economy , political science , paleontology , biology , law
The problems of «green economy» development as an important component of structural transformations, a factor in the formation of a new model of economic system, which is characterized by flexibility, innovation and a tendency to self-development are considered in the article. The nature and features of «green transformations», their influence on the processes of formation of the branch structure of the economy are shown. The factors of «green transformations» are systematized, the peculiarities of their manifestation and possible effects are characterized. The role of the state in ensuring the processes of structural optimization of the economy on the basis of environmentally friendly policy is considered. The system of limitations of effective transformation of the structure of the economy in the conditions of incompleteness of market-oriented economic transformations, the presence of significant structural disparities and resource-intensive nature of the economic model is revealed. The fact that structural transformations are associated with progressive changes in the structure of the economy, the development of integration processes at the intersectoral level, as well as greening the economy, the emergence of green sectors of the economy, strengthening their integration into intersectoral relations is emphasized. The mechanism of the development of «green economy» in the context of transformation of the structure of economic system is revealed. It is proved that even in the conditions of resource-intensive economy and low efficiency of institutional environment, the state policy of stimulating development of a «green sector» economy, provides the formation of preconditions of innovative development of economy, that gradually activates processes of structural transformations. The development of the «green economy» is seen as a factor in diversifying the model of the economic system, strengthening the level of integration of industries, ensuring the internal structural integrity of the economy, its stability and flexibility. In order to ensure the effectiveness of the processes of «green economy» development, the need to find approaches to ensure the rational integration of environmental and economic instruments of public policy into its integrated mechanisms is substantiated.