Special Issue on Physical Economics and Sustainable Development of the XXI Century: Current State and Prospects

Submission Deadline: Aug. 20, 2020

This special issue currently is open for paper submission and guest editor application.

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  • Special Issue Editor
    • Faculty of Economics, National Agrarian University of Bila Tserkva, Bila Tserkva, Ukraine
    Guest Editors play a significant role in a special issue. They maintain the quality of published research and enhance the special issue’s impact. If you would like to be a Guest Editor or recommend a colleague as a Guest Editor of this special issue, please Click here to fulfill the Guest Editor application.
    • Olena Bondar
      Faculty of Economics, National Agrarian University of Bila Tserkva, Bila Tserkva, Ukraine
  • Introduction

    This special issue is devoted to studying the main problems facing society: forecasting the economic development of the enterprise, the state. The development of methods for forecasting and managing economic processes based on the ideas of the physical economy in order to ensure balanced economic growth is one way to solve the problem.
    What is "physical economics"? A simple question, but even the economic community does not always understand the essence of this term, as evidenced by the lack of use of the ideas of the physical economics in economic analysis in the modern practical economy. Correct management of the economic development of society increases the standard of living of people. Conceptually this can not be achieved by the traditional system of economic analysis, which is based on the principles of equilibrium isolated economic systems. All real processes are nonequilibrium - they change over time and in the behavioral patterns of people. Social life is a natural process, and therefore for it, the general laws of the development of nature are the main. Aristotle (384 BC) wrote that the dynamic unity of all phenomena in the world was realized 2500 years ago by the ancient Greeks, the Chinese, and many others. Francois Quesnay (1758) expressed the opinion that economic development is subject to the general laws of natural development. S. Podolinsky (1880) showed that the labor theory of value should be supplemented by the energy balance - the political economy must unite with physics. Human activity can only be useful if it is aimed at the accumulation of energy and the prevention of the growth of entropy. Economist Laroush L. (1994) proposed the term "physical economics". Under the term "physical economics" Launch understands the economy, built on the general laws of the development of the universe, in other words, according to the model of natural sciences.
    The totality of material bodies that are is energy interaction is called the thermodynamic system. The energy affiliation and subordination of the physical, chemical, biological and social processes to the second law of thermodynamics have been recognized by many scholars (P.Chambadal (1967), V. Weinic (1968), G. Odum and E. Odum (1978), Lyndon LaRouche (1994), M. Iermoshenko (2014), B. Zamkevych (2018)).
    Unfortunately, most of the research in physical economics is limited to the theoretical justification of their benefits to traditional economics. In periodicals, the results of research and proposals for the introduction of ideas of physical economics into the practical economy are not enough. We welcome the submission of all documents relating to all areas of economic development analysis based on the ideas of physical economics.
    Aims and Scope:
    1. Theory of physical economics
    2. Management
    3. State of the economic system
    4. Production
    5. Sustainable development

  • Guidelines for Submission

    Manuscripts can be submitted until the expiry of the deadline. Submissions must be previously unpublished and may not be under consideration elsewhere.

    Papers should be formatted according to the guidelines for authors (see: http://www.econjournal.org/submission). By submitting your manuscripts to the special issue, you are acknowledging that you accept the rules established for publication of manuscripts, including agreement to pay the Article Processing Charges for the manuscripts. Manuscripts should be submitted electronically through the online manuscript submission system at http://www.sciencepublishinggroup.com/login. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal and will be listed together on the special issue website.

  • Published Papers

    The special issue currently is open for paper submission. Potential authors are humbly requested to submit an electronic copy of their complete manuscript by clicking here.

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