UKRAINE ON THE WAY TO SUSTAINABLE DEVELOPMENT: THE EXPERIENCE OF EUROPEAN COUNTRIES

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UKRAINE ON THE WAY TO SUSTAINABLE DEVELOPMENT: THE EXPERIENCE OF EUROPEAN COUNTRIES

Journal Title: Глобальні та національні проблеми економіки - Year 2017, Vol 17, Issue

Abstract

The experience of European countries had shown that at the present stage of development of the world economic system, unlimited economic growth was not a determining factor in the creation of an efficient economy. Thus it helped to reorient the European economy and the world in general to build a model based on the principles of sustainable development, with taking into account environmental, economic and social components. In this paper, it is carried out a classification of 19 surveyed countries, which have been identified as the countries with the largest size of the GDP among all countries in Europe over the past 25 years, each of which is characterized with the help of 12 socio-economic indicators used by the World Bank for the determination of the status of sustainable development for two periods. On the basis of cluster analysis there are highlighted groups of countries, trajectories and the reasons of the movement of the participants of clusters are described. Within the concept of sustainable development there were identified problem areas for Ukraine, the removal of which will contribute to the improvement of the socio-economic situation in our country and the formation of the possibilities for the creation of prerequisites for sustainable development of the Ukrainian economy.

Authors and Affiliations

N. V. Proskurnina

Keywords

EP ID EP457690
DOI -
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