A dynamic approach to the study of institutions in a green economy: macroeconomics, regions and industries

Sabadash V., Pavlenko O., Rubel O., Shivarov A., Adrwi K. A. A. M., Aghayev A.

International Journal of Global Environmental Issues, vol.19, no.1-3, pp.243-264, 2020 (Scopus) identifier

  • Publication Type: Article / Article
  • Volume: 19 Issue: 1-3
  • Publication Date: 2020
  • Journal Name: International Journal of Global Environmental Issues
  • Journal Indexes: Scopus, Aerospace Database, Agricultural & Environmental Science Database, Aqualine, CAB Abstracts, Communication Abstracts, Environment Index, Geobase, Greenfile, INSPEC, Metadex, Pollution Abstracts, Veterinary Science Database, Civil Engineering Abstracts
  • Page Numbers: pp.243-264
  • Keywords: Association agreement, Economic-ecological theory, Georgia, Green economy, Institutional dominance, Institutional model, Institutional players, Institutional replication, Institutional theory, Moldova, New institutional economics, Ukraine
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

The paper extensively reviews the implementation processes of the Association Agreements between the European Union and Georgia, Moldova, and Ukraine in the area of environment. The correlation between the implementation processes of the Association Agreements on the environment with the institutional and neo-institutional theories is determined. The most complementary elements of the neo-institutional theory regarding institutional processes for the implementation of the Association Agreement between the EU and Georgia, Moldova and Ukraine in relation to the environment are developed. The neo-institutional methodology of environmental management based on the formation of 'institutional ecosystem' is scientifically reviewed and substantiated. The scientific elements that support its methodological integrity are defined: 'institutional dominants', 'institutional replications', and 'institutional players'. A decomposition of these concepts within the framework of modern economic-ecological and neo-institutional theory, and their connection in the context of the formation of the national institutional model of eco-management is analysed.