Prospects For Sustainable Development Research Articles

RESEARCH ON FACTORS INFLUENCING THE SUSTAINABLE DEVELOPMENT OF SINO-FOREIGN COOPERATIVE UNIVERSITIES IN CHINA

The purpose of this study is to explore the factors influencing the sustainable development of Sino-foreign cooperative universities in Zhejiang Province, China. The research data was collected from semi-structured interviews with 10 staff members currently employed at Sino-foreign cooperative universities, including 4 senior management personnel and 6 active teachers. Analysis of the interview content revealed that factors influencing the sustainable development of these universities encompass both external and internal dimensions. Externally, they are influenced by government support, evaluation systems, admission policies, and geopolitical factors. Internally, they are affected by program offerings, the quality of talent cultivation, faculty strength, and internal governance. Overall, the universities demonstrate significant strengths, and their prospects for sustainable development are optimistic.<p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0790/a.php" alt="Hit counter" /></p>

Magnetically retrievable Nb2O5/CoFe2O4 photocatalysts for degradation of crystal violet dye pollutant under solar irradiation

Electrochemical oxidations of complex toxic dyes have been widely investigated on metal–organic-framework, which are often limited by high energy demand or deactivation of organic support. Here, the potential application of a magnetically retrievable solar-driven nanocomposite of Nb2O5-CoFe2O4 for removing crystal violet was explored and compared under simulated solar radiation (60.82 mW/cm2) or darkness. In the synthesized composite, Nb2O5 exists as a dispersed phase on CoFe2O4, forming a core–shell structure. Both the optical and magnetic behaviour of Nb2O5-CoFe2O4 were extensively investigated to optimize their photocatalytic applications in the removal of crystal violet.The nanocomposite was strongly ferromagnetic even after loading Nb2O5 on cobalt ferrite. The photocatalytic performance of the composites showed a positive relationship with the Nb2O5 content, where optimum degradation was observed with 50 % Nb2O5-CoFe2O4. The ferromagnetic property was exploited to retrieve the catalyst from the water after the purification process. This study demonstrates the facile method for the novel Nb2O5-CoFe2O4 synthesis and elucidates its high potential in sustainable remediation of complex toxic dyes using solar energy and as reusable magnetic recovery in aqueous systems. Also, 50 % Nb2O5-CoFe2O4 has been implemented inwater purification processes and pollutant degradation, thereby definitely amplifying the prospects for sustainable development of this research work.

ОРГАНІЗАЦІЙНО-МЕТОДИЧНЕ ЗАБЕЗПЕЧЕННЯ АУДИТУ БЕЗПЕРЕРВНОСТІ ДІЯЛЬНОСТІ ПІДПРИЄМСТВ

The article is concerned with disclosing the theoretical, organisational foundations and methods of continuity audit based on analytical procedures. The purpose of the study is to substantiate the theoretical, organisational and methodological foundations of the going concern audit of enterprises under conditions of uncertainty. Object of research - organisational and methodological support for the audit of business continuity of enterprises. Methods used in the study: scientific cognition, method of generalisation, comparison, logical and substantive, methods of induction and deduction, analysis. The main hypothesis is the development of organisational and methodological foundations of the going concern audit based on the expansion of analytical procedures to meet the information needs of stakeholders about the status and potential of the financial viability of the enterprise's going concern under conditions of uncertainty. Summary of the main material. Under martial law, the importance of the continuity audit as a tool for protecting the interests of users of financial statements and ensuring that stakeholders are aware of the state of financial solvency and prospects for sustainable development of enterprises increases. Organisational and methodological support of the continuity audit is determined by the objectives of the audit and the needs of stakeholders to obtain reliable information on the assessment of financial viability to ensure continuing operations in the future. The proposed methodology for auditing the going concern of enterprises based on analytical procedures provides a holistic view of the organisation of the audit by the following stages: 1) analysis of liquidity and solvency of enterprises; 2) analysis of profitability potential; 3) analysis of financial stability; 4) analysis of risks of activity; 4) analysis of the potential of continuous activity of the enterprise. Particular attention in the process of a going concern audit is paid to the classification and analysis of business risks. Analytical procedures for assessing business risks, determining reserves to cover losses of economic benefits in relation to the risks of non-payment of receivables and reduction in the value of financial instruments have been substantiated. The methodology for auditing the going concern of enterprises based on the expansion of analytical procedures, the implementation of which provides an opportunity to generate high-quality information to assess the potential of the enterprise's going concern, taking into account the risk and prepare a reasonable audit opinion, is original and of practical importance. Conclusions. The implementation of scientific and methodological recommendations on the organisation and methodology of the continuity audit based on the expansion of analytical procedures will help to obtain sufficient evidence for a realistic assessment of the potential of financial solvency of enterprises, preparation of the audit opinion on compliance with the principle of continuity and improve the quality of the audit.

Investment Assessment and Forecasting of the Prospects for Sustainable Development of the Fuel and Energy Complex in the Regions of Russia

Investment Assessment and Forecasting of the Prospects for Sustainable Development of the Fuel and Energy Complex in the Regions of Russia

Renewable energy and ecological footprint nexus: Evidence from dynamic panel threshold technique

The escalating phenomenon of environmental degradation is an urgent global concern, imperiling ecosystems and hindering the prospects for sustainable development on a planetary scale. Therefore, this study aims to explore the intricate interplay between renewable energy (RE) and ecological footprint (EF), considering the conditional impact of fiscal capacity (FIC), human development (HDI), institutional quality (IQI), and population density (PDN). Drawing on panel data encompassing 74 developing countries from 2000 to 2022, the study employs a dynamic panel threshold regression method, both with and without an instrumental variable approach. The findings unveil a non-linear nexus between RE and EF, revealing significant threshold values for FIC (1.870), HDI (0.736), and IQI (0.311), above which RE showcases its efficacy in mitigating EF. Conversely, when these predictors dip below the thresholds of FIC (1.391), HDI (0.655), and IQI (0.2545), the impact of RE on FE becomes insignificant. Moreover, the study introduces PDN as an additional threshold variable in the analysis, pinpointing that the effectiveness of RE in reducing EF hinges on PDN being below a threshold value of 263.144; however, above a threshold value of 276.98, the influence of PDN on the RE-FE nexus diminishes. The findings underscore the complexity of policy landscapes in developing countries. They suggest that while promoting renewable energy is pivotal for environmental sustainability, it is equally imperative to bolster existing environmentally friendly fiscal capacity, advance human capital, enhance institutional quality, and craft effective population distribution policies.

Information communication technology, globalization, and energy poverty: Prospects for sustainable development in the N‐11 countries

AbstractEnergy poverty is a significant barrier to sustainable development, affecting millions of people worldwide. However, technology offers innovative solutions that can bridge the energy gap and promote access to reliable and affordable energy services. In this study, we analyze the impact of ICT and globalization on energy poverty in N‐11 countries from 1990 to 2021, utilizing education, financial development, and economic growth as control variables. Results explain that the impact of ICT on energy poverty in lower quantiles appears to be relatively weak and positive, suggesting that it may be of limited effectiveness in reducing energy poverty in the most vulnerable populations. At higher quantiles, however, the impact becomes increasingly hostile, which suggests that higher ICT levels may exacerbate energy poverty among those who are already experiencing it. Energy poverty tends to decrease as globalization increases, as evidenced by the statistically significant negative coefficients across all quantiles. At the 10th percentile (Q0.1), an increase of one unit in globalization is associated with a reduction of 0.898 in energy poverty. Similarly, at the 90th percentile (Q0.9), an increase of one unit in globalization increases to 0.050 in energy poverty. It is possible to optimize resource utilization, reduce costs, and increase energy access through regional energy cooperation frameworks, such as cross‐border electricity grids or gas pipelines. In order to promote sustainable energy practices among citizens, the government should prioritize investing in clean energy projects, promoting energy conservation, and raising awareness of the importance of sustainable energy practices.

Fabrication of Monodisperse Magnetic Polystyrene Mesoporous Composite Microspheres for High-Efficiency Selective Adsorption and Rapid Separation of Cationic Dyes in Textile Industry Wastewater.

Sustainable development has become an inevitable trend in the world's green chemical industry for a generation or more. In this study, a monodisperse magnetic polystyrene mesoporous composite microsphere (MPPS) composed of Fe3O4 nanoparticles loaded on polystyrene mesoporous microspheres is introduced. These microspheres serve as effective adsorbents for the swift removal of cationic dyes. The fabrication of the wastewater adsorbent, with its simple operation and economic practicality, involved a combination of dispersion polymerization, a sulfonation reaction, two-step swelling polymerization, and in situ alkaline oxidation technology. Notably, the adsorption capacity within 3 min reaches 184.0 mg/g, with an impressive adsorption efficiency of 92%. This is primarily attributed to the high specific surface area (Smax) of the MPPS providing more reaction sites for π-π interaction. Simultaneously, the attractive force between negatively charged sulfonic acid groups and cationic dyes is enhanced through surface modification of the MPPS. Furthermore, the MPPS, boasting a maximum saturation magnetization of 38.19 emu/g, ensures rapid separation from the solution for recycling within 3 s. Even after 5 cycles, the adsorption efficiency remains over 90%. The rapid separation of dyes is facilitated by the magnetic attraction of Fe3O4 nanoparticles from the MPPS under the application of a magnetic field. These composite mesoporous materials exhibit outstanding performance in both efficient selective adsorption and recyclability, presenting a novel green adsorbent with promising prospects for sustainable development. This innovation is poised to excel in fields such as sewage treatment, separation, and purification.

Legal regulation of the use of forest resources

The purpose of the study was to carry out a comprehensive analysis of the legislative framework in the field of forest resource management in Albania in the context of forest ecology, and species diversity, and to identify the main problems and prospects for sustainable development of the country’s forestry. The research methodology included the analysis of statistical data from the National Institute of Statistics of Albania on the structure of forest ecosystems and forms of their management. The results of studies conducted by international organizations such as the World Bank, Global Environment Facility, and Oikon d.o.o. were also used. The structure and composition of Albania’s forest resources, including those of natural and semi-natural origin, are analysed. The legal framework in the field of forest management in Albania is summarized. Different management structures for forestry land are characterized, with the identification of the specifics of use for different forms of ownership. The main problems of forest management are identified, including intensive exploitation of private forests, lack of subsidies and investments, as well as imperfect legislative regulation. Adaptation measures to increase the sustainability of Albania’s forests within the framework of the Albanian Forest Policy Document for the period 2019-2030 are substantiated. Strategic areas of development, such as the expansion of protected areas, the development of ecotourism and the attraction of green investments, are proposed. The study also emphasizes the importance of international cooperation for financial and technical support, which will facilitate the implementation of sustainable forest management practices and biodiversity conservation. The practical significance of the study is that these results can be used to develop strategic directions for the development of the forest sector in Albania, aimed at ensuring sustainable management and conservation of forest resources, which is a key factor for the country’s economic and environmental well-being

Islamic Finance in Africa: The Prospects for Sustainable Development

Islamic Finance in Africa: The Prospects for Sustainable Development

Integration of Building Information Modeling (BIM) with Transportation and Facilities: Recent Applications and Future Perspectives

At present, increased modes of transport have facilitated daily life. Building information modeling (BIM) integration has become a key strategy to foster efficiency, collaboration, and sustainability in the fields of buildings, transport, and facilities. Currently, there is a scarcity of comprehensive examinations of the performance of integrated BIM with transport facilities and applications to help identify potential prospects for sustainable development. Hence, this research paper attempts to scrutinize the integration of BIM, transportation, and facilities (T and Fs) by highlighting future directions and trends, revealing the existing status and hotspots of research in the field, and clarifying the developmental pulse of research as well as emerging areas in the future. A quantitative research technique is utilized in this study, using VOSviewer and CiteSpace software, and the Web of Science Core Collection (WoSCC) database. The study findings suggest that the hot keywords for the integration of BIM and T and Fs are predominantly concentrated on construction, framework, system, design, and management. In addition, over the previous 34 years (years 1989 to 2023), the applications of point cloud, digital twin, and life cycle assessment have been the current hot topics, and these emerging technologies can offer more innovative breakthroughs for the future. Furthermore, the integration of BIM and T and Fs represents an important trend that is essential for improving the efficiency, sustainability, and intelligence of buildings and infrastructure, from which the three domains can create synergies that contribute to the better planning, construction, and management of building and infrastructure projects.

Vietnamese-Chinese tourism Cooperation 1991-2022

The study is devoted to the cooperation between Vietnam and China in the field of tourism from 1991 to 2022. The relevance of the topic is considered due to the long-term historical relations between the two countries, which play a key role in the regional context. With the establishment of diplomatic relations in 1950 and their normalization in 1991, relations have become stronger and more stable, covering various fields, including tourism. The object of the study is the cooperation between Vietnam and China in the field of tourism, and the subject includes directions, formats, mechanisms and prospects of cooperation over the specified period. The purpose of the work is to identify the specifics and analyze trends in the development of this cooperation, highlighting the historical background, formats of cooperation, directions of tourist flows, mechanisms of interaction and development prospects. This study is based on the theory of international relations, in particular, liberalism, to analyze the dynamics of Vietnamese-Chinese relations in the context of tourism in the period from 1991 to 2022. The study was conducted using systemic and socio-cultural approaches, as well as using mixed methods, including data analysis, interviews and a literature review. The scientific novelty of the study lies in a comprehensive analysis of the impact of the modern international context on Vietnamese-Chinese cooperation in the field of tourism. The main focus is on the prospects for sustainable development of the tourism industry, emphasizing the importance of qualitative and quantitative improvements. The findings of the study point to the active development of tourism cooperation between Vietnam and China over the past 30 years, noting the constant growth in the number of tourists. Cooperation is expanding and deepening through the use of various mechanisms, such as improving the legal framework, improving the quality of services, developing new routes, developing tourism products, introducing smart tourism and protecting cultural heritage. Thus, the article provides a comprehensive look at Vietnamese-Chinese tourism cooperation, emphasizing its importance for both countries in the context of integration and development of the region.

Grey water footprint of crop in Riau Province

The escalating severity of the water problem poses a potential threat to the prospects of sustainable development in the future. The grey water footprint is an indicator of the need for fresh water to mix and dilute pollutants and maintain air quality according to water quality standards. The evaluation of the grey water footprint (GWF) serves as a valuable measure in the mitigation and management of water contamination. The main objective of this study is to determine the grey water footprint associated with crop production along the Kampar Watershed and develop strategies to mitigate pollution levels. The grey water footprint is calculated using a water footprint assessment method. The finding show that the grey water footprint of rice farming (17.01 m3/ton) is larger than the maize (9.51 m3/ton), this indicate that necessary to improve water management on rice and maize agriculture. The water footprint performance scores of rice and corn plants are both in the poor category with scores of 11.93 and 45 respectively. To improve grey water performance and reduce air pollution, it can be done by using fertilizer according to plant needs, replacing inorganic fertilizer with organic fertilizer, implementing practices conventional tillage and maintain soil moisture.

Ecosystem services of forests and their economic valuation: Prospects for sustainable development

The relevance of the topic is justified by the diversity of unique natural ecosystem objects in the territories of Kosovo and North Macedonia, where forestry activities are traditional. The aim of the study is to analyse the current state of ecosystem services provided by forests in Kosovo and North Macedonia in the context of their assessment and development prospects. Several general scientific empirical and theoretical research methods were employed, including comparison, generalization, analysis, synthesis, and abstract-logical methods. The article characterizes the current state of forest resource utilization in Kosovo and North Macedonia, highlighting key issues in the management of forest lands, including those hindering the development of ecosystem services. The study justifies indicators of the level of forest resource utilization in Kosovo and North Macedonia, examining the percentage ratio of forest cover indicators in the Western Balkan countries. The relationship between land areas of different categories and purposes in Kosovo is analysed, along with the designation of protected areas within forested areas in North Macedonia. The necessity of conducting an economic assessment of specific ecosystem services provided by forests is justified. Six methods used in the economic valuation of natural goods resulting from forest resource utilization are detailed, deemed most suitable for the Western Balkan countries. A comprehensive list of the most relevant functions of forests requiring economic assessment is compiled. Throughout the justification of all stages of the work, specific ecosystem services provided by forests that may gain greater importance in the future are identified. The practical significance of the study lies in forming the fundamental methodological aspects that can be utilized in the assessment of ecosystem services provided by forests

Organizational and economic aspects of managing financial policy, sustainable growth and development of the corporation

An attempt was made to develop recommendations on ways to optimize the organizational and economic mechanism of corporations, including the radio electronic industry. The study is a continuation of the work of Liberova A.A. and Tatarinets S.G. on the financial policy of organizations, sustainable economic growth and development of companies in the non-financial sector of the economy. Methods of decomposition and system analysis are applied in the evidentiary part of the study. The hypothesis is based on empirically identified functional features of corporate governance organizational structures by public and non-public joint stock companies. It is about the number, content of functions, authority, corporate responsibility of intra-corporate executive bodies: departments, offices, divisions. Public data is mostly obtained from the Interfax disclosure server. Interfax is an official analytical agency accredited by the Government and the Central Bank of Russia. According to the authors, the building of organizational and managerial structures significantly affects the results of the financial policy of the company and prospects for sustainable development. The authors formulated problems and gave recommendations on optimizing the organizational potential of the economic block for the phased implementation of the financial policy of a large company. Significant attention is paid to the relationship of the organizational mechanism to the success of financial policy in the field of financial planning. The hierarchical structure of organization of strategic planning with the purpose of optimization of financial policy of organizations is offered. The article analyses approaches to building the structure of organizational management of sustainable development. Some results of corporate movement towards sustainable development goals are shown.

Prospects for the development of agribusiness in conditions of economic instability

In modern conditions of geopolitical tension, agribusiness is an important sector that plays an integral role in ensuring food security and sustainable development of the country. Nevertheless, economic instability creates serious challenges for the development of the country’s agroindustrial complex as a whole. We see financial instability of world markets, political conflicts, and other macroenvironmental factors as the causes of instability. The purpose of the article is to study the key trends in the development of agribusiness in conditions of uncertainty using the example of the Rostov region. The Rostov region is one of the largest agro-industrial regions of Russia, and therefore the study of factors influencing the agribusiness of this geographical area is of interest. The restrictions imposed on the country have a direct impact on trade, financing, availability of technology, and cooperation with foreign partners. The result of the study was, firstly, the identified problems of agribusiness that impede the industry’s full growth, and, secondly, the identified prospects for sustainable development and growth of the industry in a rapidly changing environment.

ПРОБЛЕМЫ И ПЕРСПЕКТИВЫ УСТОЙЧИВОГО РАЗВИТИЯ ЭКОЛОГО-ЭКОНОМИЧЕСКОЙ СИСТЕМЫ НЕФТЯНОЙ ОТРАСЛИ В УСЛОВИЯХ ГЛОБАЛЬНЫХ ВЛИЯНИЙ

In the article, the problems and prospects for sustainable development of the ecological and economic system of the oil industry are considered in the context of global influences. To do this, the existing problems in the oil industry and their nature are explained. In accordance with the characteristics of the oil field, the importance of the formation and development of the ecological and economic system is substantiated. The negative consequences of environmental problems as a result of global impacts are summarized. The problems of minimizing waste emissions into the environment during production and transportation in oil fields and gases that create a thermal effect are highlighted. The possibilities of effective organization and strengthening of the ecological-economic system in the context of sustainable development are explored. Considering that the growth of oil production in modern times is global in nature, the importance of ensuring environmental safety in the oil industry is emphasized. Taking into account global threats and challenges, generalizations were made and proposals were made regarding the prospects for sustainable development of the environmental and economic system in the oil industry in the near future.

M. Kabir Hassan, Aishath Muneeza, Karamo N. M. Sonko, eds. Islamic Finance in Africa: The Prospects for Sustainable Development.

M. Kabir Hassan, Aishath Muneeza, Karamo N. M. Sonko, eds. Islamic Finance in Africa: The Prospects for Sustainable Development.

POTENTIAL FOR THE SPACE SOLAR ENERGY SECTOR DEVELOPMENT IN COMPLIANCE WITH THE SUSTAINABLE DEVELOPMENT PRINCIPLES

The subject of the research is the history and peculiarities of the exploration and use of space by governmental institutions and private and commercial entities, which, with the beginning of the space age, has created several significant threats to the further development of humanity, due to non-compliance with the principles of sustainable development. The research methodology is based on reports, guidelines, statistical databases and forecasts of integration groups, specialised governmental and international institutions and their structural units for the study and control of space debris (Organisation for Economic Co-operation and Development, National Aeronautics and Space Administration, European Space Agency, United Nations), as well as the results of research by private companies in the space solar energy sector. The purpose of the paper is to analyse trends in the sustainable development of a globalised society in compliance with the principles of responsible use of outer space and to assess the potential of the space solar energy sector to ensure the sustainability of the competitive position of the world's economies. In today's environment, competitiveness and investment in high-tech industries are the driving forces of development that can lead to a country's transition to a fundamentally new level of development. The issue of efficient use of outer space encourages states to search for new technological opportunities for economic growth and inclusive development. Conclusion. The authors have analysed the trends in the use of space, the prospects for sustainable development of the space economy, its impact on the planet's ecosystem, and the main policy directions to help governments take the necessary measures for long-term planning to achieve sustainable and inclusive development. The publication examines space activities related to space debris reduction policies and sustainable solar energy production from space. The authors of the research developed guidelines for space debris mitigation and considered the benefits of using space solar energy.

Determining the main directions to ensure the sustainable development of the Arctic zone by reducing natural risks and technological hazards

Subject. The article considers climate changes, demographic and economic features of the Arctic territories. Objectives. The aim is to analyze the specific features of implementing the principles of sustainable development in a harsh climate. Methods. We employ economic and mathematical methods. Results. The paper determined that to assess prospects for sustainable development of the Arctic territories, it is necessary to use an integrated approach that involves consideration of economic, social, environmental, and technical criteria. Conclusions. The findings can be used to design programs for development of transport and other infrastructure in hard-to-reach areas.

Natural tourist resources in the Stara planina tourist region (Bulgaria)

Abstract The Stara planina tourist region is one of the most attractive regions for tourism in Bulgaria and one of the few that have almost year-round tourist activities. The outline of the area includes the mountain of the same name, but also the Pre-Balkan. This fact predetermines the exceptional richness and diversity of natural tourist resources. Here are some of the largest broad-leaved forests in the country, waterfalls, bizarre rock formations, etc. The relatively well-preserved natural environment is a prerequisite for the presence of exceptional biodiversity, as well as a significant number of protected areas. The region is specialized mainly in mountain tourism, including recreation, mountain trekking, rural and ecotourism. Due to the scarce tourist infrastructure, ski tourism still lags behind in its development compared to other mountain regions in the country. Very often, the Stara planina Region is primarily identified with its cultural and historical heritage, while its natural features remain in the background. Regardless of this, and as a result of the more intense tourist load, the problem of protecting natural tourist resources from the growing anthropogenic pressure is gaining special relevance. There is also an urgent need to identify and evaluate the prospects for sustainable development of the tourism industry in the region. The purpose of the present study is to valorize the natural tourist resources of the Stara planina tourist region and to provide guidelines for their sustainable use.