PRINCIPAL APPROACHES TO ENSURING ECONOMIC HOMEOSTASIS FROM THE POSITION OF SUSTAINABLE FINANCE

I. Bystryakov, D. Klynovyi
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引用次数: 1

Abstract

The purpose of the article is to outline the basic principles of achieving economic homeostasis and determination of the basic principles of homeostasis of economic systems from the standpoint of the concept of sustainable finance. It was found that the determining factor for the sustainability of the economic system is to ensure both its system-wide homeostasis and homeostasis in each of the subsystems in social, economic and environmental dimensions, which can be realized through a specific system of sustainable finance. It is determined that three factors should play an important role in the system of sustainable finance: building feedback mechanisms between the economic system and the environment and within its elements; creation of financial reserves and construction of channels of their direction on the needs of sustainable development; strengthening the links between finance and the real sector of production. The concept of systemic homeostasis is considered in the context of sustainable development management as a balanced state of dynamic self-sustaining balance in the development of socio-ecological and economic entities, which are considered as living systems of organized complexity. The focus is on proactive forms of homeostasis management, the essence of which, in contrast to reactive forms, is to respond to changes in the interaction of the system with its environment actively and purposefully. Financial dominance is considered as a separate fundamental functional component of the sustainable management system, the role of which is to ensure effective distribution relations between the social, economic and environmental components of the economy, and within each of them through appropriate institutions, mechanisms and tools. Principles of the dominant approach, functionality, vertical and horizontal integration feedback and self-sufficiency are proposed on the basis of the paradigmatic concept of sustainable finance. It is shown that their use will allow to build an internally stable financial component, which is capable to provide homeostasis in the socio-ecological and economic system and the rate of sustainable development at 3–4 % of annual economic growth.
从可持续金融的角度探讨确保经济稳态的主要途径
本文的目的是从可持续金融概念的角度概述实现经济稳态的基本原则和确定经济系统稳态的基本原则。研究发现,经济系统可持续性的决定因素是确保其全系统和各子系统在社会、经济和环境维度上的动态平衡,这可以通过特定的可持续金融系统来实现。在可持续金融体系中,三个要素应发挥重要作用:建立经济体系与环境之间及其要素内部的反馈机制;从可持续发展的需要出发,创造资金储备,构建资金储备导向渠道;加强金融与实体生产部门的联系。在可持续发展管理的背景下,系统稳态的概念被认为是社会生态和经济实体发展中动态自我维持平衡的平衡状态,这些实体被认为是有组织的复杂生命系统。重点是主动形式的动态平衡管理,与被动形式相比,其本质是主动和有目的地响应系统与环境相互作用的变化。财政支配被认为是可持续管理制度的一个单独的基本职能组成部分,其作用是确保经济的社会、经济和环境组成部分之间的有效分配关系,并通过适当的机构、机制和工具在每一个组成部分内有效分配关系。在可持续金融范式概念的基础上,提出了主导途径原则、功能性原则、纵向与横向整合原则、反馈原则和自给原则。研究表明,它们的使用将允许建立一个内部稳定的金融组成部分,能够在社会生态和经济系统中提供动态平衡,并以每年3 - 4%的经济增长率实现可持续发展。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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