The Institutions of «Green Economy» for Sustainable Development of Agrarian Sector: Theoretical Dimension

Abstract

The article is aimed at substantiating the conceptual foundations and theoretical positions of the place and role of institutions in formation of the «green economy» in the context of implementation of the principles for sustainable development of agrarian sector. The article reflects the main scientific concepts that are directed to address the problems of environmentally oriented development, in particular the concepts of ecotopia, anthropocentrism, ecocentrism, biocentrism, and the concept of sustainable development. It has been found that the conceptual foundations for sustainable development include ecologization of economy, humanization of production, introducing a system of principled approaches to public affairs. The general provisions of formation of «green economy» have been characterized and its key principles have been provided. The role and value of institutions in the organizational provision of the sustainable development of agrarian sector, which, in the organizational-economic, coordinating and enabling aspects are the key driver for harmonization of the interaction of all participants in economic relations, have been substantiated.

Keywords

• «green economy»
• sustainable development
• agrarian sector
• institutions
• organizational provision