On overcoming the contradiction between global economic development and environmental pollution

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Ivane Javakhishvili Tbilisi State University Press
Currently a new vector for the development of the world economy is being crystallized. An impetus for growth has been provided by accelerated competition, global economic crises, climate changes on the globe. Between the desire for economic growth and its consequences lie ecological contradictions. Ecology has struggled with the desire for economic development as well as with political, social and cultural issues. The consequences of the contradictions are highlighted by the establishment of environment-oriented international economic policies and instruments, by implementation of legislative support, by financial investments in ecological and innovation projects in the field. Every country should take into account orientation of development vector, applying predominantly economic incentives to sustainable economic development. The use of previous measures and policies have not convinced all states and have not led to positive consequences. The measures applied are not enough to change cardinal environmental protection activity. Solving contradictions, economic and environmental issues will solve the problem of resources, improve the living environment, will provide economic advantages in the competitive struggle. The purpose of the present investigation is to research the contradiction between world economy development and ways to overcome environmental pollution. The results of the research have shown some ways in which the contradictions between economic growth and the environment condition could be overcome.
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economic development, economic incentives, energy, energy conservation, energy sources, non-renewable sources and renewable sources
Economics and Business, №4, 2019, pp. 40-49