YEVHENIIA A. ZIABINA
Theoretical Aspects of the Formation of Green Economy in the Context of Sustainable Development
(original language – Ukrainian)

The transition to a green economy has a long and difficult path, but today a number of advanced economies and developing countries (USA, Germany, Japan, Denmark, Republic of Korea, Mexico, China, the Republic of Namibia, etc.) demonstrate leadership by adopting «green» economic strategies. A «green» economy can be seen as alternative development, which is able to generate economic growth and improve the quality of life of the society in accordance with the principles of sustainable development. The article examines the processes of transformation of the concept of «green» economy in the context of sustainable development and analyses the main principles of «green» economy. Sustainable development involves a comprehensive approach to the three components – economic, social and environmental. In recent decades, the concept of green economy aims to provide a more harmonious coordination between these components, which can be optimal for all countries – developed, developing and transition economies.

Key words: «green» economy, concept, sustainable development, environment.

Placed in №3, 2016.

Affiliations: YEVHENIIA A. ZIABINA, Postgraduate Student Department of Economics and Business-Administration, Sumy State University

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