Page 67 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.77, # 1, 2020, pp. 65-83

The next generation of Sustainable Development, which provides an opportunity
to meet its needs and meet current needs, envisages coordinated efforts to build
an inclusive, sustainable and reliable future on a global scale. In this case,
economic growth, inclusive society and environmental protection should be
encouraged and ensured.

The concept of sustainable urbanism can be interpreted at different angles since it is
newly introduced into scientific circulation. In our opinion, the initial approach to
sustainable urbanism can be viewed as a result of ensuring the sustainability of
urban processes. In other words, the process of population accumulation in cities is
accompanied by the sustainable development of cities; it is aimed at increasing the
role of cities in all spheres of human life, interacting productive forces on the basis
of industry, complexity of functions in the settlement network and integration of
activities to meet the basic requirements of resilience indicators. We can agree with
such an idea of the indicators used to characterize sustainable development,
including urbanization zones, that “Indicators of a sustainable community point to
areas where the links between the economy, environment and society are weak.
They allow you to see where the problem areas are existed. And they help to show
the way of fixing those problems” [What is an indicator of sustainability? //
Sustainability Indicators 101]. As for the requirements for resistance indicators, they
should, from a practical point of view, allow evaluation, first of all, on the criteria
set out in the Rio de Janeiro declaration [Rio Declaration on environment and
development (1992)].

The sustainability of urban processes, as a result of which sustainable urbanism,
implies, first of all, the achievement of the necessary level of indicators of the level
and quality of life. Achieving the optimal ratio of the indicators of the quality of life
and quality of life is an important factor in the ecological aspects of the well-being
of people in large cities.

Sustainable urbanism means the elimination of ecological consequences of Urban
Development and the satisfaction of the demand for resources at the local level [Douglas
Farr, (2007)]. The ecological priorities of the sustainability of urbanization processes, no
matter how important, cannot permanently overcome its economic and social aspects.
Otherwise, due to the economic attraction and integration of activities that conditioned
urbanization processes, the effect of job growth can be overlooked.

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The UN has added the 11 goal of “ensuring the openness, security, resilience and
ecological stability of cities and settlements” to its global goals for Sustainable
Development. In fact, the goal of sustainable urbanism in the period up to 2030 is to

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