Ecology and sustainable development. New model of economics

Authors

  • Izmail K. Huzmiev Gorsky State Agrarian University; 37, Kirov Str., Vladikavkaz, 362040, Russia

Keywords:

Ecology, Sustainable development, Digital economy, Energy, Smart systems, Ring economy.

Abstract

The existing economy and its infrastructure is built mainly as a liberal, costly market system, whose main function is to make a profit. In this case, it is necessary to organize a system for the delivery, storage and distribution to the places of consumption of huge quantities of goods and resources. Such a costly model carries a large amount of transaction costs for transport, transshipment, storage, payment of numerous intermediaries, infrastructure operators and various financial agents. Today, the current economy of rampant growth is changing to a low-cost, actively-adaptive intellectual (Smart) “green digital economy” based on digital information technologies, which is the basis for sustainable development. as the basis for maintaining environmental, socio-economic and political stability in the world community within Fourth Industrial Revolution Economy. A new model of the world economy should be a circular economy, which, based on energy and resource-saving low-volume technologies and network digital platform solutions, will ensure sustainable development, taking into account all environmental principles of environmental protection.

Additional Files

Published

22-07-2021

How to Cite

Huzmiev, I. K. (2021). Ecology and sustainable development. New model of economics. The Journal of Nature Studies - Annals of Agrarian Science, 19(1). Retrieved from https://journals.org.ge/index.php/aans/article/view/261