Interdisciplinary principles of formation of the spatial macroeconomics of Sustainable Development (SD)

Author: Lidiya Hryniv

Type of publication: Book chapter

This article proposes a concept of the formation (establishment) of spatial macroeconomics of sustainable development that expands the system of coordinates in the research in economic science as it takes into account physical parameters of biosphere terrestrial space in economic development.

The object of this research in spatial macroeconomics are the complex ecosocioeconomic systems (ESES) in whose core lie the terrestrial ecological systems characterized by a certain volume of the Earth’s ecosystem supply.

Spatial macroeconomics studies the models of commensurability of biophysical and value estimates on the way to the formation of sustainable economy development of ESES. This article proposes also a physical and economic paradigm of the formation of economy of sustainable development that unlike the existing paradigms takes into account natural sources of primary cycle of wealth accumulation in the economy. This gives grounds for the methodological changes in the theory of value and for the construction of a qualitatively new model of monetary economy for resolving the problems of sustainability.

The latest physical economics is an integral (synthesizing) science that applies transdisciplinary approaches to the study of the cause-and-effect linkage in complex stationary ecosocioeconomic systems of different hierarchy levels. New heuristic models therein are based on the synthesis of the laws of physics, biology, geobotany, geochemistry, landscape science, biophysics and economics.

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