Sustainable Development Legislative Initiative

Abstract

The concept of sustainable development allows to have a fresh look at the concept of "economic efficiency". It’s important to realize that the "new economy of information flow" – the economy of intangible finance, information, intellectual property leads to the "dematerialization" of economic practice in the world of growing activity. The new economy is driven more by the abundance of information and knowledge resources. Awareness and education let person or people generally to disclose their potential in absolute capacity. Awareness is crucial important for sustainable development and increasing country’s potential to resolve sustainable development issues, evolution of information security, security compliance of information in current conditions to surviving the unprecedented problem of the COVID-19 pandemic. Most of the organizations of the United Nation system included significant information component focused on sustainable development to their policy. Thus, the research of a legislative initiative focused on the implementation of regulatory legal acts in the sphere of the national economy is highly relevant, since it is a necessary basis for ensuring the possibility of rapid economic growth for the sustainable development of cities, territories, countries, and society.