Global Transformations: Trends towards Increasing Instability and Sustainable Development Drivers in Current Situation

Global Transformations: Trends towards Increasing Instability and Sustainable Development Drivers in Current Situation

Authors

  • Xi Fuyuan
  • Alla Z. Bobyleva
  • Anastasiia V. Baraboshkina

Keywords:

Sustainable development, factors of instability growth, sustainability drivers, globalization, deglobalization.

Abstract

The ongoing global transformations and the high turbulence of global processes call into question sustainability of development of most countries, make it necessary to identify factors leading to instability and search for drivers of sustainable development in current situation. The conducted research allowed us to determine that the trends towards increasing instability are mainly determined by the processes of deglobalization, the dominance of maximizing production and consumption ideas, increasing social inequality, uneven distribution of resources between the environmental, social, and economic components of sustainable development, human violation of the laws of biosphere development, insufficient environmental protection measures, the consequences of recent crises, international conflicts, disadvantages of management. The considered factors of instability growth, the strengthening of their influence and the associated risks led to setting a new task: to determine what can be a driver of stability in modern difficult situation. Our study shows that positive impulses for sustainable development include: the dissemination of ideas and steps towards the implementation of the green economy; the establishment of specific deadlines for achieving targets of sustainable development by many countries; the development of technological sovereignty of countries based on a green worldview; the implementation of the concept of sustainable development not only by governments, but also at the micro level — by companies; the emergence of new financial instruments, in particular, green and social bonds to attract capital and invest in projects with environmental and social benefits; advances in the taxonomy of green finance. An important result of the study is the conclusion that despite the possibility of deceleration in certain periods, sustainable development is a long-term trend in the functioning of our civilization and further research should be aimed at improving management decisions to support it in the short and long term.

Author Biographies

Xi Fuyuan

PhD applicant
ORCID: 0000-0003-1352-4375
xifuyuan@mail.ru

Lomonosov Moscow State University, Moscow, Russian Federation

Alla Z. Bobyleva

DSc (Economics)
ORCID: 0000-0002-4383-0608
bobyleva@spa.msu.ru

Lomonosov Moscow State University, Moscow, Russian Federation

Anastasiia V. Baraboshkina

PhD, ORCID: 0000-0002-2948-5940
baraboshkinaav@my.msu.ru

Lomonosov Moscow State University, Moscow, Russian Federation

References

Бобылев С.Н., Соловьева С.В., Кирюшин П.А. Крах глобальной модели потребления: в поисках устойчивости // Мировая экономика и международные отношения. 2022. Т. 66. № 11. С. 92–100. DOI: 10.20542/0131-2227-2022-66-11-92-100

Данилов-Данильян В.И. Глобальные климатические изменения и водные проблемы России и мира // Век глобализации. 2020. № 4(36). С. 65–78. DOI: 10.30884/vglob/2020.04.05

Институциональная трансформация экономики: человек и социум (ИТЭ-ЧС 2021): материалы VII Международной научной конференции / под общ. ред. Р.М. Нуреева, Е.В. Неходы (Чувакиной). Томск: Издательство Томского государственного университета, 2021.

Интеграция целей устойчивого развития в бизнес-стратегию компаний / под ред. А.З. Бобылевой. Москва: РУСАЙНС, 2023.

Макаров В.Л., Агеев А.И., Бахтизин А.Р., Логинов Е.Л., Хабриев Б.Р. Экономический фундамент победы: стратегический прогноз устойчивости экономики России в условиях санкционных атак // Экономические стратегии. 2023. № 3(189). С. 6–15. DOI: 10.33917/es-3.189.2023.6-15

Мальтус Т. Опыт о законе народонаселения // Антология экономической классики: в 2-х томах / под ред. И.А Столярова. М.: Эконов, 1993. Т. 2. С. 5–136.

Медоуз Д.Х., Рандерс Й., Медоуз Д.Л. Пределы роста: 30 лет спустя. М.: БИНОМ. Лаборатория знаний, 2014.

Международные отношения: грани настоящего и будущего / под ред. И.С. Иванова, И.Н. Тимофеева, К.О. Карпинской, Е.А. Солодухиной, С.М. Гавриловой. М.: НП РСМД, 2023.

Россия: тенденции и перспективы развития. Ежегодник. Вып. 10. Часть 1 / под ред. Ю.С. Пивоварова. М.: ИНИОН РАН, 2015.

Сбережение населения России: проблемы, задачи, пути решения / под ред. академика РАН Б.Н. Порфирьева. М.: Артик Принт, 2022.

Чэн Э. Мировая обстановка и китайская экономика в новую эпоху. М.: ИНИР им. С.Ю. Витте: Центркаталог, 2023.

Юлкин М.А. Низкоуглеродное развитие: от теории к практике. М.: АНО «ЦЭИ», 2018.

Bobylev S.N., Solovyeva S.V., Koshkina N.R. Sustainable Development, ESG and the “price” of health // Population and Economics. 2023. Vol. 7. Is. 3. P. 124–135. DOI: 10.3897/popecon.7.e103302

Jensen M. Value Maximization, Stakeholder Theory, and the Corporate Objective Function // Business Ethics Quarterly. 2002. Vol. 12. Is. 2. P. 235–256. DOI: 10.2307/3857812

Keynes J.M. The General Theory of Employment, Interest and Money. London: Palgrave Macmillan, 1936.

Sheng C., Liu Y., Liu J. Multi-Level Governance and Competing Sustainability Aims: Politics of Renewable Energy Development and Nature Conservation in Changdao, China // Energy Research & Social Science. 2023. Vol. 97. DOI: 10.1016/j.erss.2023.103001

Shumpeter J. Theorie der wirtschaftlichen Entwicklung. Berlin: Duncker & Humblot, 1911.

Solow R.M. Growth Theory: An Exposition. Oxford: Oxford University Press, 1970.

Xue L., Weng L., Yu. H. Addressing Policy Challenges in Implementing Sustainable Development Goals through an Adaptive Governance Approach: A View from Transitional China // Sustainable Development. 2018. Vol. 26. P. 150–158. DOI: 10.1002/sd.1726

Downloads

Published

2024-04-30

How to Cite

Global Transformations: Trends towards Increasing Instability and Sustainable Development Drivers in Current Situation. (2024). Public Administration. E-Journal (Russia), 103, 91-101. https://doi.org/10.24412/sf27ap60

Issue

Section

Scientific articles

Categories

How to Cite

Global Transformations: Trends towards Increasing Instability and Sustainable Development Drivers in Current Situation. (2024). Public Administration. E-Journal (Russia), 103, 91-101. https://doi.org/10.24412/sf27ap60

Most read articles by the same author(s)

<< < 1 2 3 4 5 6 7 8 9 10 > >> 

Similar Articles

1-10 of 275

You may also start an advanced similarity search for this article.

Loading...