Features of the transition from the traditional economy to the economy of sustainable development in a public private partnership

Chibisov Oleg V., Chibisova Elena I.

in the context of the importance of global using the process of innovation in the conditions of public private partnership, natural resource restrictions, the institutions of the traditional economy are relevant for the economy of sustainable development, the same traditions are the main form of human wealth. In our view, sustainable development is possible only by balancing the market and government regulation. The market is not always equilibrium and functions effectively, it is not always possible to provide a socially acceptable distribution of benefits, so government intervention today must be seen as an inevitable, necessary buffer tool to stabilize and correct the negative effects of the market.

Keywords:economic development, economy, legal support, sustainable development, generational acceptability, degradation of resources.