The Concept of Sustainable Development as the Basis for a New Quality of Economic Growth

Abstract

The concept of sustainable growth emerged in response to challenges, threats and negative trends in the global economy. Instability of political processes, national macroeconomic imbalances, economic inequality, and social problems are key issues that require new approaches. In Ukraine, as in the rest of the world, a thorough study is required to correct the existing model of economic growth in order to more effectively address the problems of structural imbalances, social, gender, economic inequality and environmental issues. For the purpose of scientific analysis and formation of a holistic understanding of inclusiveness as a key priority creating the foundations for a new quality of economic growth in Ukraine the article analyzes the main directions of formation and implementation of the concept of sustainable development; identified key areas of economic growth in accordance with Global sustainable development Objectives; summarizes the stages of introduction and implementation of sustainable development Goals in the framework of the UN development Programme in Ukraine as a prerequisite for achieving the goals of inclusive development; the article substantiates the goal of sustainable development, which has the greatest potential for forming an inclusive society in Ukraine.