Institutional Qualities of Inclusive Environmental Management in Sustainable Economic Development

• Published in: Management systems in production engineering Vol. 28; no. 1; pp. 15 - 22
• Main Authors: Kostetska, Kateryna, Khumarova, Nina, Umanska, Yuliia, Shmygol, Nadiia, Koval, Viktor
• Format: Journal Article
• Language: English
• Published: Gliwice Sciendo 01.03.2020; De Gruyter Poland
• Subjects: Development projects; Economic development; Economic growth; Economics; Environmental labelling; Environmental management; inclusiveness; index; institutional qualities; Natural resources; Regional development; Regional planning; Socioeconomics; State budgets; Sustainable development
• ISSN: 2450-5781; 2299-0461; 2450-5781
• DOI: 10.2478/mspe-2020-0003

The article considers international trends and directions of inclusive growth which is considered as an inclusive economic growth and is measured by heterogeneous growth indicators, as an index of inclusive development. Considering the above, was analysed the existing state of the country’s growth considering the environmental, economic, social and technological components as prerequisites for inclusive environmental management. Thus, the main focus of this article is on the formation of prerequisites for inclusive nature management in socio-economic and environmental practices and their subsequent methodological support. So segments of population prosperity means not just material consumption, but social vision formation and the institutional support creation for enables everyone to participate in the socio-economic achievements. The main gaps in the institutional support of the inclusive environmental management process are disclosed: in the social sphere: limited access to economically viable means that meet the real needs of the population in terms of health care, social assistance, basic education and awareness; in the ecological and economic sphere there is no effective and efficient management of providing the population with products that comply with the requirements of eco-certification and eco-labelling, which negatively affects the replenishment of the state budget and the promotion of the rational use of natural resources. Therefore, in order to create a favourable climate and institutional support of inclusive environmental management, in this article, will conduct a thorough analysis of the status of its components and assess the compliance of the existing conditions with current international requirements for inclusiveness. Inclusive growth requires environmental inclusion, which can be achieved through the introduction of new metrics and resource value indicators in regional development projects and programs. In doing so, measures should be developed and recommendations made to improve further planning and control.