Problems of sustainable development in the state (regional) economic security in the context of cycling economy

Abstract

The article considers the problems of sustainable economic development. Based on the array of studied information, the authors have proposed a definition of sustainable development. Sustainable economic development has been proved to be impossible in the long term and the peripheral countries. Our research has identified the main principles necessary for building a sustainable development policy, as well as problems that thwart sustainable development goals. As a conclusion, we should state that immature and inconsistent technological processes in the periphery countries make the quick transition to sustainable development impossible.