Analytic Hierarchy Process Optimization of Strategic Resource Management for Sustainable Development: Enhancing International Economic and Commercial Relations through Circular Economy Factors in Open Socio-Economic Systems

Andriy Bosak, Lesia Sai, Olena Heidarova, Olha Chernova, Andriy Mykoliuk and Olga Poplavska

Journal of Management World, 2025, vol. 2025, issue 1, 1044-1049

Abstract: This article explores how the Analytic Hierarchy Process (AHP) can optimize strategic resource management for sustainable development, emphasizing circular economy factors in open socio-economic systems. A thorough literature review links existing research in financial security, innovation, and risk management to illustrate the significance of integrating environmental considerations into long-term resource allocation. The proposed AHP framework decomposes complex decision-making into a hierarchical structure that includes both quantitative metrics, such as financial stability and waste reduction, and qualitative concerns, like stakeholder engagement and regulatory compliance. Expert evaluations highlight the primacy of environmental and circular economy factors in resource management, closely followed by financial and risk considerations. Waste reduction, resource reuse, and supply chain resilience emerge as top-ranked sub-criteria, underscoring the importance of balancing ecological imperatives with economic viability. The study further highlights digital transformation as an essential enabler of real-time analysis and adaptive resource allocation. Integrating these insights within a broader policy and managerial context offers a roadmap for enhancing international economic and commercial relations, especially in turbulence-prone global markets. The findings suggest that holistic, multi-criteria decision-making—supported by AHP—provides a robust pathway toward sustainable development, promoting resilience and competitiveness in open socio-economic systems.

Keywords: Analytic Hierarchy Process; Circular Economy; International Economic Relations; Open Socio-Economic Systems; Risk Management; Strategic Resource Management; Sustainable Development. (search for similar items in EconPapers)
Date: 2025
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