STRATEGIC MANAGEMENT AND SUSTAINABLE ECONOMIC DEVELOPMENT

Abstract

The article is devoted to the search for conceptual solutions to the problem of ensuring sustainable economic growth in the new unstable economic conditions. This topic remains extremely relevant in the modern world, where various challenges are faced, such as climate change, resource depletion, population growth, increased social inequality and other problems. The authors explore the evolution of the concept of sustainable development, highlighting various essential aspects of understanding the category of sustainability. In different time periods, climate change and environmental challenges, social justice and efficiency, global cooperation and risk management, digitalization and technological innovation have consistently been at the center of the problem of sustainable development. As a result, strategies to reduce the negative impact on the environment and adapt to climate change have been replaced by strategies of green technologies, which, in turn, have been replaced by strategies of international cooperation and coordination of actions by all members of society to solve global problems of our time. The authors prove the importance of considering not only environmental, but also social aspects when developing sustainable development strategies to ensure social justice and improve the quality of life of all segments of society. In conclusion, the authors conclude that risk management related to economic instability, environmental changes and other factors requires new strategies for sustainable development, which in turn is impossible without effective public management, public involvement, and informed decision-making.