Transformations  in
Business & Economics

The Global Transformations, Sustainable Development and the Knowledge Based Society Creation: The Perspective Theoretical Approach
Borisas Melnikas

ABSTRACT. The complexity of global transformations, sustainable development and the knowledge based society creation processes is analyzed in the article. The complex analysis and the multidimensional evaluation of the processes of global transformations, sustainable development and of the knowledge based society and knowledge economy creation as an perspective theoretical approach in research on societal changes in the context of globalization is defined and described in the article.

The variety of global transformations is described, the main problems and processes of the sustainable development and creation of the knowledge based society and knowledge economy in the context of globalization are identified and studied. The sustainable development processes and the processes of the creation of knowledge based society and knowledge economy are defined as the processes belonging to the category of global transformation processes: it means that the complex interaction between the sustainable development processes and the processes of the creation of knowledge based society and knowledge economy is a very important factor of the positive changes in the societal life in the context of globalization.

The main idea of the complex analysis and of the evaluation of the factors of interaction between the processes of knowledge based society and knowledge economy creation and of the sustainable development processes is that all these processes as a global transformations are defined and analyzed, and the new challenges for sustainable development, as well as for creation of knowledge based society and knowledge economy in the context of globalization are identified. The main phenomena and regularities of the global transformations are identified; their impact on real processes of knowledge based society and knowledge economy creation and on the sustainable development is characterized. The main principles of the knowledge based society and knowledge economy creation in the context of global transformations are formulated.

KEYWORDS: global transformation, sustainable development, knowledge based society, knowledge economy.

JEL classification: A12, D80, F01, O10, Q01.