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

Authors: Viktor Sabadash; Olena Pavlenko; Oleg Rubel; Aleksandar Shivarov; Kaled A. Asalam Moftah Adrwi; Anar Aghayev

Addresses: Sumy State University, 2, Rimsky-Korsakov Str., UA-40007, Sumy, Ukraine ' Odesa State Environmental University, 15, Lvivska Str., UA-65016, Odesa, Ukraine ' Institute of Market Problems and Economic-Ecological Researches, National Academy of Science of Ukraine, 29, Frantsuzskyi Boulevard, UA-65044, Odesa, Ukraine ' Department of International Economic Relations, University of Economics – Varna, 77, Knyaz Boris I Blvd., 9002, Varna, Bulgaria ' Lebanese University Central Administration, Lebanese University Museum, P.O. Box 6573/14, Badaro, Museum, Beirut, Lebanon ' Azerbaijan State Economical University, 6, Istiglaliyyat Str., AZ 1001, Baku, Azerbaijan

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.

Keywords: green economy; institutional theory; institutional players; new institutional economics; institutional dominance; institutional replication; Ukraine; Georgia; Moldova; Association Agreement; economic-ecological theory; institutional model.

DOI: 10.1504/IJGENVI.2020.114880

International Journal of Global Environmental Issues, 2020 Vol.19 No.1/2/3, pp.243 - 264

Received: 27 Oct 2019
Accepted: 11 Sep 2020
Published online: 10 May 2021 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article