ДОСЛІДЖЕННЯ РОЛІ ЦИФРОВОЇ ЕКОНОМІКИ В ДОСЯГНЕННІ ЦІЛЕЙ СТАЛОГО РОЗВИТКУ ТА ЗБЕРЕЖЕННЯ ПРИРОДНИХ РЕСУРСІВ

PurposeThe COVID-19 pandemic is still raging, which calls for an exploration of how to prevent and control pandemics to promote sustainable development. The purpose of this paper is to examine the role of the digital economy in sustainable development, the relationship between the two, the impacts of the outbreak on economic and social development, and changes in China's digital economy.Design/methodology/approachThe study used the time-series data from 2002 to 2019 and an unconstrained VAR model to examine the relationship between the digital economy and sustainable development before the pandemic.FindingsChina's digital economy has promoted the country's sustainable economic and social development; it has advanced rapid economic growth, improved people's living standards, increased efficient utilization of resources, and strengthened environmental protection.Research limitations/implicationsAmid the pandemic, China's digital economy developed effectively; it showed strong resilience because of its unique advantages. The digital economy in China has helped the country to control the pandemic in a short period, reduced the risk of supply chain disruption, promoted China's economic growth, and ensured the orderly operation of society. Therefore, countries worldwide are encouraged to prioritize their digital economies.Originality/valueCompared with the extant literature, this study explores the sustainable supply chain in a broader sense in the context of a pandemic, and how the supply chain is influenced by the digital economy. It not only includes the stability, resilience, and viability of the supply chain in economic development but also involves aspects of people's life, resource utilization, and environmental protection.

This research delves into the pivotal role of Financial Technology (FinTech) in advancing the financial sector, sustainable development, and financial inclusion. Employing a descriptive-qualitative approach and the systematic literature review (SLR) method, the study investigates FinTech's interplay with Sustainable Development, Financial Inclusion, and Economic Development globally. A meticulous Scopus search utilizing keywords like "Fintech," "SDGs," "Financial Inclusion," and "Economic Development" ensures a thorough review of pertinent literature. The results underscore FinTech's substantial impact on Sustainable Development, Financial Inclusion, and Economic Development, acting as a crucial catalyst for financial inclusion and mediating sustainable growth through financial literacy. Furthermore, FinTech exhibits the potential to underpin sustainable economic growth, financial inclusion, and Economic Development by enhancing financial service accessibility, reducing poverty, and fostering gender equality. Challenges persist, particularly in the Pacific region, where issues of accessibility, awareness, literacy, and trust impede FinTech adoption. The study advocates for awareness campaigns, financial education, and infrastructure development to surmount these obstacles. In conclusion, while FinTech significantly influences financial inclusion and economic growth, its broader impact on Sustainable Development, Financial Inclusion, and Economic Development necessitates careful consideration. The research emphasizes the imperative for interdisciplinary collaboration, global cooperation, and vigilant strategies to address challenges and leverage opportunities arising from the rapid integration of digital financial services for inclusive and sustainable Economic Development.

The United Nations sustainable development goals aim to promote global industrialization and innovation and achieve sustainable and inclusive economic development by 2030. The sustainable growth of provincial economies has emerged as a critical component of the national plan as China’s economy transitions to a new normal. This article builds an assessment index system encompassing the four "economy–society–ecology–innovation" dimensions to better assess the degree of sustainable economic development in China’s regions. It then uses the gray correlation analysis method to measure and analyze the sustainable economic development of China’s regions from 2006 to 2017. Additionally, the spatial evolution characteristics of each region’s sustainable economic development and spatial pattern are investigated through exploratory spatial data analysis and GIS spatial analysis techniques. This essay seeks to support the region’s economy in achieving sustainable development by offering theoretical underpinnings and useful advice for the creation of successful regional development plans. The study’s findings indicate that in 2017, the assessed value of the level of economic sustainability of China’s regions averaged 0.7156, an increase of 7.3% compared to 2006 while the degree of sustainable economic development in the rest of China, except Inner Mongolia, Shaanxi, and Xinjiang, has steadily increased between 2006 and 2017, the gap between the regions has also widened, with the eastern region having a much higher level of sustainable economic development than the central and western regions. An analysis of the spatial evolution reveals that the degree of sustainable economic development in every region of China generally increases in positive spatial correlation. Its spatial agglomeration is becoming increasingly apparent, with more regions becoming high-high-type and low-low-type agglomerations. Regional wealth disparities, ecological governance capabilities, and technological innovation levels were identified at the local level as essential factors for provincial economic sustainable development, with varying impacts across different regions.

Digital economy, binary factor mismatch and sustainable economic development of coastal areas in China

This study explores the intersection of the digital economy, sustainable development, and Islamic administrative ethics in North Western Nigeria. As the region strives to leverage digital technologies for economic growth and sustainable development, the importance of ethical governance and administration cannot be overstated. Using a qualitative research design, it analyzes how Islamic ethical principles such as transparency, accountability, justice, and stewardship can guide policy and administrative practices in a way that fosters inclusive and sustainable digital development. The findings reveal that integrating Islamic administrative ethics into digital economy strategies promotes ethical governance, enhances digital inclusion, and supports equitable socio-economic development. Specific recommendations include the incorporation of Islamic values into regional digital policies, the development of inclusive digital infrastructure, and the training of bureaucrats in ethical digital leadership. These measures are essential to ensure that digital transformation aligns with sustainable development goals and addresses socio-economic disparities in the region. The research contributes to the existing body of knowledge on digital economy, sustainable development, and Islamic ethics, and provides policy recommendations for stakeholders seeking to promote inclusive and sustainable digital economy growth in North Western Nigeria.

With the rapid development of technology, the digital economy has become one of the main drivers of global economic growth. However, it also brings a series of challenges and opportunities for sustainable development. This paper delves into the impact of the digital economy on sustainable development, analyses the challenges involved, and explores the potential opportunities for sustainable development in the digital economy. Firstly, the author sorts out the definition, scope, and development trend of the digital economy. Then, the application of digital economy in various fields is explored in detail, revealing its potential value in social, economic, and environmental aspects. However, the rise of the digital economy has also brought about a series of environmental, social, and economic challenges, such as e-waste, the digital divide, structural change in employment, and inequality. Meanwhile, this paper highlights the opportunities the digital economy presents for sustainable development, promoting environmental sustainability, social inclusion, and economic innovation. Through innovations in digital technologies, environmental issues are better addressed, socially inclusive growth is achieved, and economic innovation is driven. The article emphasises the positive interaction between the digital economy and sustainable urban development through case studies. It concludes with an outlook on the future trends of the digital economy and recommendations for integrating sustainable development concepts to ensure that the digital economy becomes a powerful enabler of sustainable development. Through comprehensive analyses, this paper aims to provide insightful perspectives on the relationship between the digital economy and sustainable development.

Subject. The article addresses conditions for sustainable development of the Russian economy. Objectives. The purpose is to link the limit of sustainability of the Russian economy with required conditions. Methods. The study draws on the systems approach, using the methods of statistical, neural network, and cluster analysis. Results. I describe scientific ideas about sustainable development of economy, which have been developed in theoretical and practical activities. The World Bank data on environment, social affairs and governance on 17 key sustainable development topics, covering environmental, social and management categories, are used to determine conditions for sustainability of the Russian economy. The neural network analysis of the importance of indicators’ rate of increment shows a hierarchy of priorities. The cluster analysis of indicators’ rate of increment identifies significant clusters. The analysis of key priorities of sustainable development of the Russian economy enables to reveal significant deviations in political stability and in access to electricity. Conclusions. Conditions for sustainable development of the Russian economy are determined by their proximity to the United Nations Sustainable Development Goals. Identifying these conditions in the globalizing world creates an understanding of the real limit and opportunities of the country's development.

Technological innovation and high-quality economic development are inevitable requirements of sustainable development, and the digital economy has gradually become a new engine to enhance technological innovation and the high-quality development of China’s economy. Deeply discussing the effect of digital economy on high-quality economic development and clarifying the mechanism behind it can effectively grant the boosting power of digital economy to China’s high-quality development, which is of great practical significance to China’s sustainable economic development. In this study, the mechanism, effect, and regional heterogeneity of the impact of the digital economy on the level of high-quality economic development in 30 Chinese provinces from 2011–2019 were measured and empirically tested using a mediating effects model and a spatial Durbin model, among others. The results showed that the overall level of digital economy and high-quality development is not high, and there were both high agglomeration and low agglomeration, with obvious spatial path dependence and spatial lock-in. Digital economy could promote the high-quality development level of the economy, and the spatial spillover effect was remarkable. In addition, the function of digital economy in promoting high-quality economic development in the eastern, central, and western regions was gradually weakened. Besides, the technological innovation was an important transmission path of digital economy to high-quality economic development. Based on these findings, it is proposed that decision-makers should strengthen digitalization efforts so that the digital economy can become a powerful tool to narrow the digital divide. Further, the dynamic and differentiated digital economy development strategy should be implemented to reduce regional development imbalances in an effective manner.

Abstract. The concept of sustainable development is the main global challenge of the XXI century. The adoption of sustainable development goals at the UN Summit in 2015 outlined key strategic and operational goals for the world community until 2030. The conceptual goals of sustainable development of economic and social systems declared at the international level require the state authorities of the world to implement national strategies and relevant development programs. The article outlines the features of the paradigm of sustainable development for the agricultural sector, which are due to the importance of balanced functioning of economic, environmental, social, innovation and investment and the system of foreign economic relations of the agro-food sector in the economic complex of Ukraine. The economic, ecological and social expediency of the development of the agro-industrial branch is outlined. The advantages of the financial strategy as a holistic system, strategic and operational goals of the transition to integrated economic, social and environmental development of the country by 2030, which provides sustainable economic development in the agricultural sector for productive regional development and requires a defined national and regional program of stable functioning of the agricultural sector. It is investigated that the key tasks of sustainable economic development of Ukraine's agricultural sector are a fundamentally new structural policy, building its own food potential, overcoming the energy crisis, forming an effective institutional policy in the system of public management of sustainable agricultural development in the regional dimension. The author's structural scheme of grouping of objects and factors of management of sustainable development of the agricultural sector is offered. The sequence of assessing the level of sustainable development of the agricultural sector of Ukraine in the regional dimension is illustrated and determined in order to further the long-term implementation of the financial strategy of sustainable development at the national level. Keywords: strategy, financial strategy, sustainable development, sustainable economicdevelopment, agricultural sector.JEL Classification Q01, Q13, Q18Formulas: 0; fig.: 3; tabl.: 0; bibl.: 12.

This paper examines the nexus between the digital economy and sustainable urban economic development by considering the moderating roles of human capital and government support. This study utilizes panel data from China at the city level from 30 provinces for the period 2011–2019 and employs the Spatial Durbin model along with fixed effects, the Generalized Method of Moments (GMM), and Feasible Generalized Least Squares (FGLS) models. The results show a significant positive connection between the digital economy and sustainable urban economic development. The findings also demonstrate the significant moderating roles of human capital and government support in enhancing the connection between the digital economy and sustainable urban development. Finally, this study recommends policy implications to improve the quality of life and stimulate growth in urban areas of China.

This paper is a qualitative analysis of the critical role of government in promoting inclusive sustainable economic growth and development. This critical role of government transcends beyond an economy’s experience of normal economic life or economic crisis, the type of economic system that is being practiced by a nation, and the level of development of a nation. The reason is that government serves as a stimulator, driver, sparker, lubricator, and the co-ordinator of the other economic units to create a conducive environment needed for private sector growth and the overall development of an economy. Though, the state also has its deficiencies in resource allocation and the management of the economy, a poorly functioning government portends economic doom. The exclusive roles of governments in promoting inclusive sustainable economic growth and development are: smoothening markets activities, promoting better macroeconomic performances, driving, sparking, stimulating, and lubricating the private sector for growth, mitigating social vices, undertaking financial sector cleanup, stabilisation, restructuring, providing stimulus packages to address economic meltdowns or recessions, and combating pandemics. This study concludes that the state serves as an engine of inclusive sustainable economic growth and development. This study recommends that governments must be held accountable by their citizenry and the international community for their actions and inactions and should be prevented from shirking their responsibilities to their societies. They need to be more efficient and proactive in ensuring public sector efficiency so as to spearhead economic growth and development. Again, the roles of the state and the private sector in promoting inclusive sustainable economic growth and development must not be mutually exclusive. Every economy must strive for a healthy balance between private sector and state planning that will lead to inclusive sustainable economic growth and development. Governments must promote effective governance and combat corruption both in the private and public sectors of every economy.

With an emphasis on local economic independence and community empowerment, this publication examines sustainable economic development tactics in villages. The purpose of this study is to present an integrated and comprehensive picture of sustainable village economic development. The researchers assessed economic development initiatives in several community areas in Indonesia, using qualitative descriptive methods. The study findings suggest that a comprehensive and integrated approach that considers the economic, social, cultural, and environmental demands of the local population is necessary for sustainable economic development in villages. To achieve local economic independence, community empowerment through active community involvement in the formulation and implementation of economic development programs is essential. The authors of this article suggest a sustainable economic development plan for villages that is based on the ideas of community empowerment and participation. Leveraging local resources, strengthening organizations and cooperatives, empowering women and youth, developing small and medium enterprises and the agricultural sector, and implementing sustainable environmental management are all part of this plan. In conclusion, a comprehensive and integrated approach that emphasizes local economic independence and community empowerment can lead to sustainable economic development in villages. Such a plan can improve the welfare of village communities and encourage sustainable economic growth.

With an emphasis on local economic independence and community empowerment, this publication examines sustainable economic development tactics in villages. The purpose of this study is to present an integrated and comprehensive picture of sustainable village economic development. The researcher assesses economic development initiatives in several community areas in Indonesia, using qualitative descriptive methods. The findings of the study show that a comprehensive and integrated approach that considers the economic, social, cultural, and environmental demands of the local population is necessary for sustainable economic development in villages. To achieve local economic independence, community empowerment through active community involvement in the formulation and implementation of economic development programs is very important. The author of this article suggests a sustainable economic development plan for villages that is based on the ideas of community empowerment and participation. Harnessing local resources, strengthening organizations and cooperatives, empowering women and youth, developing small and medium-sized enterprises and the agricultural sector, and implementing sustainable environmental management are all parts of this plan. In conclusion, a comprehensive and integrated approach that emphasizes local economic independence and community empowerment can lead to sustainable economic development in villages. The plan can improve the welfare of the village community and encourage sustainable economic growth.

The non-profit sector plays a pivotal role in achieving the Kingdom’s Vision 2030, where it represents a potential economic opportunity for development. Therefore, the current study aimed to identify ways non-profit organizations (NPOs) can support sustainable economic development through community activities, leading to the achievement of the United Nations Sustainable Development Goals and Saudi Vision 2030. The Ensan Association in the Kingdom of Saudi Arabia was chosen as a case study due to its importance and influence in this sector. The study also aimed to identify the impact of Ensan Association’s social responsibility activities on sustainable economic development in the local community, focusing on two indicators: raising the standard of living of individuals and reducing unemployment rates in Saudi Arabia. The study relied on a mixed methodology to collect data using questionnaires and interviews. Correlation analysis results showed a strong relationship between social responsibility activities and achieving the economic goals of sustainable development, namely raising the standard of living and reducing unemployment. Simple regression results also showed that a one-unit increase in social responsibility activities leads to a significant improvement in these economic goals, which positively impacts sustainable economic development. Furthermore, the results of the multiple linear regression demonstrated strong statistical significance for the model, and the study confirmed the importance of NPOs’ social responsibility activities in supporting sustainable economic development. Based on the study’s findings, it recommends empowering NPOs by developing specialized training programs for the most vulnerable groups and diversifying their funding sources to ensure sustainability. It also encourages decision-makers to adopt supportive policies and legislation that strengthen partnerships and secure investment to achieve sustainable development. The non-profit sector plays a pivotal role in achieving the Kingdom’s Vision 2030, where it represents a potential economic opportunity for development. Therefore, the current study aimed to identify ways non-profit organizations (NPOs) can support sustainable economic development through community activities, leading to the achievement of the United Nations Sustainable Development Goals and Saudi Vision 2030. The Ensan Association in the Kingdom of Saudi Arabia was chosen as a case study due to its importance and influence in this sector. The study also aimed to identify the impact of Ensan Association’s social responsibility activities on sustainable economic development in the local community, focusing on two indicators: raising the standard of living of individuals and reducing unemployment rates in Saudi Arabia. The study relied on a mixed methodology to collect data using questionnaires and interviews. Correlation analysis results showed a strong relationship between social responsibility activities and achieving the economic goals of sustainable development, namely raising the standard of living and reducing unemployment. Simple regression results also showed that a one-unit increase in social responsibility activities leads to a significant improvement in these economic goals, which positively impacts sustainable economic development. Furthermore, the results of the multiple linear regression demonstrated strong statistical significance for the model, and the study confirmed the importance of NPOs’ social responsibility activities in supporting sustainable economic development. Based on the study’s findings, it recommends empowering NPOs by developing specialized training programs for the most vulnerable groups and diversifying their funding sources to ensure sustainability. It also encourages decision-makers to adopt supportive policies and legislation that strengthen partnerships and secure investment to achieve sustainable development.

Coupling development between university science and technology (S&T) innovation and economy is an objective requirement for achieving sustainable economic and social development. The main goal of this paper is to explore the situation of the coupling coordination relationship between the two systems, i.e., university S&T innovation and sustainable economic development in China. It also hopes to provide a reference for promoting the coordinated development between the two. This paper constructs the evaluation index system of university S&T innovation and sustainable economic development separately and evaluates the indicators of university S&T innovation and sustainable economic development in 30 provincial regions in China from 2011 to 2020. On this basis, a coupling coordination degree model is constructed to evaluate the coupling coordination degree of university S&T innovation and sustainable economic development. Accordingly, this paper puts forward suggestions for promoting the coordinated development between university S&T innovation and sustainable economic development.