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Regenerative economy as a component of the new economic system

https://doi.org/10.21686/2410-7395-2023-1-6-21

Abstract

The article reveals the various approaches of Western authors to the regenerative economy in its connection with the goals of sustainable development and the reboot of capitalism. The two-tier regenerative economy model, which includes the circular economy and the green economy, heavily emphasizes its environmental component. The authors of the article propose to use the model of a three-tier regenerative economy, supplementing it with an economy of sharing consumption and use. The regenerative economy is seen as a multi-ecosystem, including the ecosystems of the circular, green and sharing economies. The article gives interpretations of sustainable development based on traditional approaches and regenerative sustainable development.

About the Authors

E. F. Avdokushin
Moscow Pedagogical State University
Russian Federation

Evgeny F. Avdokushin, Doctor of Economics, Professor

1 building 1 Malaya Pirogovskaya Street, Moscow, 119991, Russian Federation



E. G. Kuznetsova
Moscow Pedagogical State University
Russian Federation

Elena G. Kuznetsova, PhD, Associate Professor

1, building 1 Malaya Pirogovskaya Street, Moscow, 119991, Russian Federation



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Review

For citations:


Avdokushin E.F., Kuznetsova E.G. Regenerative economy as a component of the new economic system. International Trade and Trade Policy. 2023;9(1):6-21. (In Russ.) https://doi.org/10.21686/2410-7395-2023-1-6-21

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ISSN 2410-7395 (Print)
ISSN 2414-4649 (Online)