The Methodological Background for Harmonizing Components of Sustainable Development of an Industrial City

Prushkivskiy Volodymyr G. and Buriak Volodymyr V. ()
Additional contact information
Prushkivskiy Volodymyr G.: Zaporizhzhya National Technical University
Buriak Volodymyr V.: Zaporizhzhya National Technical University

The Problems of Economy, 2016, issue 4, 91_97

Abstract: The aim of the article is to develop a methodological background for harmonizing components of sustainable development of an industrial city. The ways of harmonization of economic, environmental and social components are studied. It is proposed to use the rule of “golden ratio†to determine the “ideal†values of the components of sustainable development. On the basis of the index method the components of sustainable development are evaluated. The comparative analysis of the actual and harmonic distribution between the sub-indices of sustainable development is performed. Based on the rule of “golden ratio†it is proved that the harmonization allows to state the existence of differences as well as to carry out a quantitative analysis. It is justified that the existence of disharmony between the components of sustainable development requires elaboration of an appropriate mechanism on the basis of redistribution of investment resources as well as other economic instruments to support the components at a certain level.

Keywords: index method; environmental component; economic component; harmonization; the rule of “golden ratioâ€; industrial city; social component; sustainable development (search for similar items in EconPapers)
Date: 2016
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.problecon.com/export_pdf/problems-of-economy-2016-4_0-pages-91_97.pdf (application/pdf)

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:idp:redpoe:y:2016:i:4:p:91_97

Access Statistics for this article

The Problems of Economy is currently edited by Kizim Nikolay A.

More articles in The Problems of Economy from RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)
Bibliographic data for series maintained by Alexey Rystenko ().