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Economic Development Strategy: is it time to update the paradigm?

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  • Komarov Vladimir

    () (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

It is shown that the basis of ideology and strategy of socio-economic development can be based on the paradigm of sustainable development. This implies an increase in national wealth - stocks of capital (human, natural, physical, social, cultural and structural) in time. Depending on the dynamics of the national wealth can be isolated state of instability, adaptation and sustainability. In this paper we propose tools for Russia's transition to the paradigm of sustainable development.

Suggested Citation

  • Komarov Vladimir, 2015. "Economic Development Strategy: is it time to update the paradigm?," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 24-39.
  • Handle: RePEc:rnp:ecopol:ep1565
    as

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    File URL: ftp://w82.ranepa.ru/rnp/ecopol/ep1565.pdf
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    References listed on IDEAS

    as
    1. V. Mau., 2015. "Russia’s Social and Economic Policy in 2014: Finding New Frontiers," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 2.
    2. S. Bobylev & N. Zubarevich & S. Solovyeva., 2015. "Challenges of the Crisis: How to Measure Sustainable Development?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 1.
    3. Kubiszewski, Ida & Costanza, Robert & Franco, Carol & Lawn, Philip & Talberth, John & Jackson, Tim & Aylmer, Camille, 2013. "Beyond GDP: Measuring and achieving global genuine progress," Ecological Economics, Elsevier, vol. 93(C), pages 57-68.
    4. Jeremy Bulow, 1986. "An Economic Theory of Planned Obsolescence," The Quarterly Journal of Economics, Oxford University Press, vol. 101(4), pages 729-749.
    5. Rostow,W. W., 1971. "Politics and the Stages of Growth," Cambridge Books, Cambridge University Press, number 9780521096539, April.
    6. Paola Rocchi & Mònica Serrano, 2015. "The reform of the European Energy Tax Directive: does data disaggregation matter? The Italian case Abstract: In 2011, the European Commission (EC) proposed a new version of the Energy Taxation Directi," UB Economics Working Papers 2015/330, Universitat de Barcelona, Facultat d'Economia i Empresa, UB Economics.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    national wealth indicator of true progress; sustainable development; quality of life;

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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