Managing the economic development of the country on the principles of ESG and digitalisation

The article substantiates the thesis that the implementation of the principles of ESG (environment, society and corporate governance) at the level of the country’s economy requires a revision of the ontological provisions of economics. The application of the system-transdisciplinary concept allows u...

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Main Author: M. S. Mokiy
Format: Article
Language:English
Published: Publishing House of the State University of Management 2022-06-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/3518
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author M. S. Mokiy
author_facet M. S. Mokiy
author_sort M. S. Mokiy
collection DOAJ
description The article substantiates the thesis that the implementation of the principles of ESG (environment, society and corporate governance) at the level of the country’s economy requires a revision of the ontological provisions of economics. The application of the system-transdisciplinary concept allows us to interpret economic relations as a fragment of humanity’s relations with nature. Economic relations arose as a systemic necessity for the existence and development of mankind. It is shown that in the system of “economic relations” a set of values determines the nomenclature and assortment of goods, methods of production, exchange and distribution. From the point of view of system ontology, the basic element of the system of economic relations is the “household”. Therefore, the objective function of managing the development of economic relations at the country level should be to improve the welfare of each household. The identified immanent attributes of the “economic relations” system and the designation of their systemic role allowed us to conclude that the main task of management is to change the value system that meets the requirements of the coevolutionality of the system development. It is shown that such an ontological interpretation is most consistent with the principles of ESG and the requirements of sustainable development of the human community. On this basis, the ranking of management tasks was made and the directions of digitalisation of management processes at the country level were identified.
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spelling doaj-art-b8fca32bc0764761861f6d7da8ec61a72025-02-04T08:28:12ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-06-010411412110.26425/1816-4277-2022-4-114-1212443Managing the economic development of the country on the principles of ESG and digitalisationM. S. Mokiy0State University of ManagementThe article substantiates the thesis that the implementation of the principles of ESG (environment, society and corporate governance) at the level of the country’s economy requires a revision of the ontological provisions of economics. The application of the system-transdisciplinary concept allows us to interpret economic relations as a fragment of humanity’s relations with nature. Economic relations arose as a systemic necessity for the existence and development of mankind. It is shown that in the system of “economic relations” a set of values determines the nomenclature and assortment of goods, methods of production, exchange and distribution. From the point of view of system ontology, the basic element of the system of economic relations is the “household”. Therefore, the objective function of managing the development of economic relations at the country level should be to improve the welfare of each household. The identified immanent attributes of the “economic relations” system and the designation of their systemic role allowed us to conclude that the main task of management is to change the value system that meets the requirements of the coevolutionality of the system development. It is shown that such an ontological interpretation is most consistent with the principles of ESG and the requirements of sustainable development of the human community. On this basis, the ranking of management tasks was made and the directions of digitalisation of management processes at the country level were identified.https://vestnik.guu.ru/jour/article/view/3518economic developmentmanagementsystem-transdisciplinary approachdigitalisationhouseholdesg
spellingShingle M. S. Mokiy
Managing the economic development of the country on the principles of ESG and digitalisation
Вестник университета
economic development
management
system-transdisciplinary approach
digitalisation
household
esg
title Managing the economic development of the country on the principles of ESG and digitalisation
title_full Managing the economic development of the country on the principles of ESG and digitalisation
title_fullStr Managing the economic development of the country on the principles of ESG and digitalisation
title_full_unstemmed Managing the economic development of the country on the principles of ESG and digitalisation
title_short Managing the economic development of the country on the principles of ESG and digitalisation
title_sort managing the economic development of the country on the principles of esg and digitalisation
topic economic development
management
system-transdisciplinary approach
digitalisation
household
esg
url https://vestnik.guu.ru/jour/article/view/3518
work_keys_str_mv AT msmokiy managingtheeconomicdevelopmentofthecountryontheprinciplesofesganddigitalisation