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«Green» economy

Abstract

Undoubtedly, the desire for implementing the concept of ‘‘green’’ economy at country level has been caused by widespread disappointments relating to failures of the existing economic paradigm. It has also been caused by the feeling of fatigue arising from consequtive global economic crises followed by abrupt market failures. The most distressful of those has turned out to be the 2008 global financial and economic crises. The economic crises emerged at the beginning of the new millennium and yet they continue happening occasionally in most vulnerable individual economies. At the same time, there is an increasing evidence of a progress, which stems from a new economic paradigm - one in which material wealth is not provided at the expense of growing environmental risks, markets distortions, and social imbalances. This new paradigm includes such dimensions, indispensable for sustainable economic development, as the social, economic and ecological. As with the background of the above-said prevailing modern tendencies, this article deals with the notion of the ‘‘green’’ economy and studies it from the perspective of the society and business, in whole. It explores the essential concept of the ‘‘green’’ economy and its impact on the development at the macroeconomic level and especially in Kazakhstan. From that stance, the article provided analysis of the major characteristics of the ‘‘green’’ economy. The authors analyzed Kazakhstan’s resource base, as fit for the development of the ‘‘green’’ economy. As a result, the study suggested appropriate mechanisms and methods enabling a real time implementation of the ‘‘green’’ economy at country level, in Kazakhstan.

About the Authors

A. A. Nurseitov
АО «Казахстанский центр государственно-частного партнерства»
Kazakhstan


Sh. Zh. Yernazar
Университет Воллонгонга, Дубай, ОАЭ (University of Wollongong)
Kazakhstan


E. D. Aleksenko
Московский государственный университет им. М.В. Ломоносова
Kazakhstan


References

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Review

For citations:


Nurseitov A.A., Yernazar Sh.Zh., Aleksenko E.D. «Green» economy. Bulletin of "Turan" University. 2018;(1):46-51. (In Russ.)

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)