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Green Economy and Economic Growth: Trends, Challenges and Opportunities for the EU

Author

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  • Adam Albekov
  • Natalia Vovchenko
  • Yevgeniya Medvedkina
  • Taras Medvedkin

Abstract

This paper substantiates the necessity for studying the complexity and ambiguousness of green economy principles', opportunities' and drivers' influence in a view of the need for maintaining the economic growth in the EU countries and comparing issues of sustainable development in Russian Federation according to the rules of green economy. On the basis of foreign experience review and publications' analysis, the main dimensions of economic growth philosophy are proposed. These dimensions are related to preserving and expanding the peculiarities of economic growth, forming the post-industrial society with friendly attitude to environment, developing horizontal links and the opportunities of sustainable development. The verification of hypothesis of the dense interconnection between ‘green' economy efficiency indicators and achieving the economic growth in the framework of individual economic system as well as in human civilization in general is conducted with economic-mathematical tools.

Suggested Citation

  • Adam Albekov & Natalia Vovchenko & Yevgeniya Medvedkina & Taras Medvedkin, 2017. "Green Economy and Economic Growth: Trends, Challenges and Opportunities for the EU," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 49-62.
    • Handle: RePEc:ers:ijebaa:v:v:y:2017:i:1:p:49-62
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    References listed on IDEAS

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    Cited by:

    1. E.A. Yakovleva & A.Yu. Nebesnaya & N.N. Fomina & N.A. Azarova, 2018. "Monitoring Regional Development Based on "Green" Indicators," European Research Studies Journal, European Research Studies Journal, vol. 0(Special1), pages 535-543.
    2. J.S. Tsertseil & A.N. Savrukov, 2018. "The Mechanism for Building a Corporate Management Model," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 691-704.
    3. repec:ers:journl:v:special_issue:y:2018:i:1:p:535-543 is not listed on IDEAS
    4. T.A. Skvortsova & I.P. Denisova & N.G. Romanenko & A.V. Sukhovenko, 2018. "Innovations and Support for Quality in Agriculture: A Case Study," European Research Studies Journal, European Research Studies Journal, vol. 0(Special1), pages 423-431.
    5. T.A. Skvortsova & A.A. Nikitina & T.A. Pasikova & A.V. Tagaev, 2019. "Concepts and Сriteria for the Classification of Small and Medium-sized Business in Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 417-425.
    6. repec:ers:journl:v:special_issue:y:2018:i:1:p:423-431 is not listed on IDEAS
    7. repec:ers:journl:v:vi:y:2018:i:1:p:39-53 is not listed on IDEAS
    8. L. Gamidullaeva, 2018. "Towards Combining the Innovation Ecosystem Concept with Intermediary Approach to Regional Innovation Development," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 39-53.
    9. A.L. Poltarykhin & A.E. Alekseev & V.V. Kudryavtsev & T.A. Makhanova & O.Yu. Voronkova & H.T. Aydinov, 2018. "Prospects for the Development of the Green Economy of Russian Federation," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 470-479.
    10. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:470-479 is not listed on IDEAS

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