Theoretical foundations of sustainable development of socio-economic systems and reproduction processes of the economy

The theoretical foundations of the sustainable development of socio-economic systems and the reproductive processes of the economy are key elements of modern economic analysis. They consider the interaction of various factors affecting the development of society and the economy, such as environmental, social and economic aspects of activity. This paper examines the basic concepts of sustainable development, methods of their measurement and application to assess the effectiveness of economic policy. The term “sustainable development” is considered, various scientific schools are considered and approaches offer different interpretations of this concept. Approaches to the definition of the concept of “sustainable socio-economic development” include several scientific areas. The ecological approach focuses on environmental problems and constraints associated with the use of natural resources. The main focus is on environmental protection and restoration. The institutional approach considers sustainable development through the prism of institutions and structures that regulate economic activity. The technological approach focuses on the use of advanced technologies to improve resource efficiency and reduce the negative impact on the environment. Special attention is paid to the creation of effective management and regulatory mechanisms that can support the sustainable use of resources.