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Sustainable Economic Development: The Main Principles and the Basic Equation

Dmirty Chistilin ()
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Dmirty Chistilin: University of Economics and Law, Dniepropetrovsk, Ukraine

Romanian Journal of Economics, 2010, vol. 30, issue 1(39), 95-109

Abstract: This work offers system and information content of the following economic categories: development, sustainable economic development. The author has formulated the fundamental principles of sustainable development: the principle of minimum resource dissipation and the equation of self-organization, the law of conserving the economic potential of a social system. The basic equation of development has been formulated. The model of sustainable development is viewed on the basis of the equation.

Keywords: economic system sustainable development; economic system selforganization,model sustainable development of the economic system (search for similar items in EconPapers)
JEL-codes: O2 Q01 Q1 (search for similar items in EconPapers)
Date: 2010
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