Global reasons of world instability and ways to its decrease
Economic Annals-ХХI: Volume 195, Issue (1-2), Pages: 4-12
Citation information:
Vorobiyenko, P. (2021). Global reasons of world instability and ways to its decrease. Economic Annals-XXI, 195(1-2), 4-12. doi: https://doi.org/10.21003/ea.V195-01
Petro Vorobiyenko
D.Sc. (Engineering),
Professor,
Institute of Telecommunications and Global Information Space of the National Academy of Science of Ukraine
13 Chokolivskyi Bvd., Kyiv, 03186, Ukraine
ocvina21@ukr.net
ORCID ID: https://orcid.org/0000-0003-4774-1052
Global reasons of world instability and ways to its decrease
Abstract. The aim of the work is to identify the underlying causes of world instability and, on the basis of this, to suggest recommendations on directions for further research to prevent the catastrophe of the global society. The work analyzes the activities of international organizations for more than 50 years, aimed at ensuring sustainable development of the world. First of all, these are UN resolutions and OSCE decisions. The forecasted indicators of development and risks of the global society in the future are analyzed, as well as the success and failures in the implementation of the 17 UN Sustainable Development Goals. Two conclusions were drawn. The first conclusion is that there is the tangible success in increasing the sustainability of development. The second conclusion is that the set goals will not be achieved in full, and for some goals, deterioration is observed, since the global causes of instability have not been identified. The world has 20% entered a period of instability in terms of self-sustainability (A) There are at least three such reasons: imperfection of economic theory; insufficient level of morality in economic and political life between states, in business and ordinary people; the absence of a truly effective system for selecting elites and a system for promoting true leaders to the pinnacle of power, when the pinnacle of power coincides with the pinnacle of wisdom and the pinnacle of morality. Research directions for the development of measures to prevent a global catastrophe are proposed. The first set of studies is aimed at establishing correlations between causes and effects. For example, between improving economic theory and making development more sustainable. The second set of studies is aimed at developing mechanisms to eliminate the causes of instability.
Keywords: Global Society; Causes of Instability; Ensuring Sustainable; Development; Economic Factors; Morality
JEL Classification: A13; O11; O15; O33
Acknowledgements and Funding: The author received no direct funding for this research.
Contribution: The author contributed personally to this work.
Data Availability Statement: The dataset is available from the author upon request.
DOI: https://doi.org/10.21003/ea.V195-01
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Received 20.09.2021
Received in revised form 22.01.2022
Accepted 26.01.2022
Available online 9.02.2022
Updated version of the paper as of 27.06.2022