Economics Socium Environment
Environmental Economics and Sustainable Development, 2018, 1–2 (20–21): 15-19
UDC 330 : 504.06
DOI: https://doi.org/10.37100/2616-7689/2018/1-2(21-22)/3

Anatolii Stepanenko
Dr. Sci. (Geogr.), Professor,
Principal Researcher of the Department of Natural-Technogenic and
Environmental Safety of the Public Institution
«Institute of Environmental Economics and Sustainable Development of the
National Academy of Sciences of Ukraine»;
ORCID: https://orcid.org/0000-0003-0887-0732

ECOLOGICAL MODERNIZATION OF THE ECONOMY AT THE DISCOURSE OF THE FOURTH INDUSTRIAL REVOLUTION
Abstract: The essence of the institutionalization of the ecological modernization of the economy, which is in economizing of the ecology and ecologizing of the economy, is revealed. The imperfection of the modern system of institutions for the ecologization of the economy is proved to be imperfect, which is manifested in inefficient environmental and resource-saving activities, irrational nature management. It is established that the process of institutionalization of ecological modernization takes place in the conditions of the industrial revolution, which will lead to the cardinal changes in the ecological situation both at the planetary and regional levels. The opportunities for solving of the environmental problems can significantly increase, as well as the possibility of the emergence of new ones. The prospective directions of the institutionalization of ecological modernization in the context of the fourth industrial revolution are revealed.
Key words: ecologization, economization, risk, institute, modernization, industrial revolution, technology, management.
Language version: Ukrainian

References
1. Mashnenkov, K. (2017). Transformatsiia derzhavnoi ekolohichnoi polityky v Ukraini v konteksti tretoi ta chetvertoi promyslovykh revoliutsii [Transformation of the state ecological policy in Ukraine in the context of the third and fourth industrial revolutions]. Derzhavne upravlinnia ta mistseve samovriaduvannia, 3(34), 90–97 [in Ukrainian].
2. Samosonok, L.M. (2012). Instytutsiinyi rozvytok v umovakh mizhnarodnoi intehratsii [Institutional development in the context of international integration]. Ekonomichni nauky. Seriia «Ekonomichna teoriia ta ekonomichna istoriia», 9(36), 296–305.
3. 3. Shvab, K. (2016). Chetvertaia promyshlennaia revoliutciia.[The Fourth Industrial Revolution]. Moskva [in Russian].
Article publication date: 2018
Date of online version: 2018