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A Review of the Monograph by Yu.M. Kharazishvili "Systemic Security of Sustainable Development: Evaluation Tools, Reserves and Strategic Implementation Scenarios"

Author

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  • Aleksy Kwilinski

    (The London Academy of Science and Business, London, United Kingdom)

Abstract

The monograph proposes a modern concept of sustainable development from the standpoint of security, which contains a general systematic idea of ways to move from the current position of the object of management to the desired. The necessity to adhere to the limits of safe existence of dynamic economic systems, which connects the problem of sustainable development with the problem of security, is substantiated. The presented concept is based on the methodology of identification and strategy of sustainable development from the standpoint of security and adaptive methods of regulation of management theory for the scientific justification of strategic planning in the medium and long term. It is proposed to take into account the shadow indicators in the components of sustainable development to reveal the adequacy of the real state of the economy using the developed method of its assessment and de-shadowing. The violation of the generality of macroeconomic identity of GDP by the end-use method at the regional level is proved and on this basis the method of determining the shadow net export due to violations at customs and in interregional movement of goods and services is proposed. Possibilities of application of the stated approaches at different levels of economic activity are shown. The dual role of the shadow economy is revealed: as obstacles to sustainable development and as a significant reserve for modernization and growth of Ukraine's economy.

Suggested Citation

  • Aleksy Kwilinski, 2021. "A Review of the Monograph by Yu.M. Kharazishvili "Systemic Security of Sustainable Development: Evaluation Tools, Reserves and Strategic Implementation Scenarios"," Virtual Economics, The London Academy of Science and Business, vol. 4(4), pages 61-64, December.
  • Handle: RePEc:aid:journl:v:4:y:2021:i:4:p:61-64
    DOI: 10.34021/ve.2021.04.04(5)
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