Principles and substantiation of sustainable development management studies

Sustainable development is associated with the processes of long – term human activity development ensuring the harmony of social, economic, and ecological equilibrium. The risk arising after violating the principles of sustainable development is of every possible kind and sometimes is hardly conceivable in present situation. However the consequences of unsustainable human activity hurt the human being ever more badly and may influence the survival of future generations. The paper considers the main goals and problems of sustainable development in management science and studies. The main risk factors are analyzed according to the negative consequences of unsustainable development processes controlling and coordinating. The new ways of interstate and interdepartmental cooperation are examined according to comprehend globalization phenomena and trends of economic development.