| Issue |
SHS Web Conf.
Volume 71, 2019
Eurasia: Sustainable Development, Security, Cooperation – 2019
|
|
|---|---|---|
| Article Number | 04008 | |
| Number of page(s) | 5 | |
| Section | Modernization of the Economy of Regions and Cities | |
| DOI | https://doi.org/10.1051/shsconf/20197104008 | |
| Published online | 25 November 2019 | |
Sustainable Development Concepts as a Response to Expectations of Modern Business Management
1 CHArt, EPHE, Paris, France
2 Belarusian State University of Informatics and Radioelectronics, Minsk, Belarus
3 Samara State University of Economics, Samara, Russian Federation
* Corresponding author: fedorenko083@yandex.ru.
The interactions among individual economic agents require some regulations to hedge the risk of business activity. This paper examines the general equilibrium theory, backgrounds of system analysis and optimal control to show that these regulations present the mechanism of balanced management of economic processes at various economic level (enterprise, region, country). The study shows that sustainable development is self-regulatory and adaptive effort to remain on the market under the condition of reliable cooperation. Furthermore, by investigating the hierarchy of the business management systems, the conceptual and mathematical models of the mechanism for sustainable development are built and illustrated.
© The Authors, published by EDP Sciences, 2019
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