Integral assessment of developmental stability: Cases of Lithuania and Ukraine

Abstract

The article highlights three directions of stable development: economic growth, ecological management, social integration which cover all the sectors of development. Main tasks and functions are presented in the context of stable enterprise and society development. They can be carried out with the help of certain indicators and applied in different countries, regions, or industries. Approbation of the proposed mechanism was carried out at Lithuanian waste management sector and Ukrainian metallurgical enterprises. The system of stable development indicators proposed by the authors includes three groups for Lithuanian waste management industry case and five groups of them for Ukraine metallurgical enterprises. The ISI-a stability index which is used for integral assessment of industrial enterprises’ developmental stability, and is based on calculating complex indicators of economic, ecological, social, risk and market stability. The mechanism of integrated assessment of enterprise stability has been improved and now allows choosing the optimal continuous monitoring method, giving enterprises an opportunity to work effectively and develop steadily for a long period of time. Developmental stability corresponds to the average level and characterizes the need to develop the dimensions for increasing the level of developmental stability of such enterprises.