Formation of sustainable economy of Russia in the context of economic theory. Part 1
Authors: Podgornyi V. V. 
Published: August 2023

Aim. Formation of sustainable economy of Russia on the basis of the criterion of dynamic equilibrium between reasonable and expedient state intervention in the course of economic processes and market self-regulation.

Tasks. To analyse the peculiarities of economic models of developed countries of the world; to propose a comprehensive approach to the formation of a sustainable economy in the context of economic theory; to clarify the structural organisation of the model of economic dynamics and to determine the indicators that signal the change of phases of the economic cycle; to substantiate the expediency of using the method of system identification of the objects under study to carry out systemic modelling of the structural organisation of a sustainable economy; to propose a logical scheme of the Russian economy, sustainability of economic processes in Russia.

Methods. In the article on the basis of application of the method of system identification of the studied objects the methodology of structural organisation of sustainable economy is substantiated, which includes the reasoning of its structural elements — market environment, state economic policy, the main tools of which are state economic strategy, state regulation of the economy and market self-regulation. The synergy of the latter determines the possibility of maintaining market equilibrium and creates the required conditions for social production and social reproduction.

Results. The necessity and possibility of transition from a market economy, unable to withstand global challenges and maintain equilibrium state, to a sustainable one has been revealed. The necessity to develop a comprehensive approach to the formation of the structural organisation of a sustainable economy in Russia, taking into account the provisions of economic theory and assuming the possibility of managing economic dynamics, implemented through state economic policy, has been established. The structural organisation of the sustainable economy of Russia, including the market environment, state economic policy, state economic strategy, state regulation of the economy, market self-regulation, social production and social reproduction, has been formed. The twofold result of the functioning of sustainable economy in the proposed form is effective use of production factors and economic growth.

Conclusions. The substantiation of views, concepts and ideas outlined in the study allowed us to form a dynamic system design of the structural organisation of the sustainable economy of Russia, which is based on certain principles, functions and methods. Thus, in the structural organisation of sustainable economy the role of the principle basis is played by the state eco[1]nomic strategy, organisational and functional — by state regulation, methodological — by market self-regulation. The possibility of application of these tools of state economic policy is conditioned by the action of the driving force of sustainable economy — state economic policy, and the expediency of application — by the state of the market environment.