GREEN ECONOMY: GLOBAL DEVELOPMENT PRIORITIES

Gyunduz Mamedov () and Nadiia Babych ()
Additional contact information
Gyunduz Mamedov: General Prosecutor’s Office of Ukraine, Ukraine
Nadiia Babych: Taras Shevchenko National University of Kyiv, Ukraine

Baltic Journal of Economic Studies, 2020, vol. 6, issue 1

Abstract: The aim of the article is to reveal the modern priority trends in forming incentives for the world green economy development in the context of globalization. The subject of the study is the global priorities for green economy development. Methodology. The scientific literature analysis enables to study the current economic status of the global green economy and to determine strategic priorities and targets of such development, in addition, the dialectical method, scientific abstractions, methods of system analysis are used. The results of the study reveal that the authors propose a perspective on the strategy, ways and mechanisms of the global green economy development. It is proven that a complex structural transformation of the economy is required to increase the share of the high-tech and innovative sectors. Practical implications. The complex analysis of the state of affairs and determining trends in the green economy development under threats and risks, related to the crisis processes in the modern world, is carried out. The study determines the key principles for the formation and implementation of a strategy for the green economy development based on the coherence of strategic priorities and strategic targets of the EU, as well as the need to reform the economic sector in order to develop promising green economy areas in Ukraine. Relevance/originality. The study reveals the state of affairs in the global green economy development, as well as further identification of promising trends of the green economy.

Keywords: green economy; economic development; innovative development; ways of improvement (search for similar items in EconPapers)
JEL-codes: F63 R11 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.baltijapublishing.lv/index.php/issue/article/view/770/pdf (application/pdf)
http://www.baltijapublishing.lv/index.php/issue/article/view/770 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bal:journl:2256-0742:2020:6:1:12

DOI: 10.30525/2256-0742/2020-6-1-87-91

Access Statistics for this article

Baltic Journal of Economic Studies is currently edited by Anita Jankovska, Managing Editor

More articles in Baltic Journal of Economic Studies from Publishing house "Baltija Publishing"
Bibliographic data for series maintained by Anita Jankovska ().