GLOBAL DEVELOPMENT OF THE ECO-INDUSTRY SECTOR

Abstract

Eco-industry has become an equal and recognized economic sector developing in all economic systems in the world. The main reason of its creation was the worsening state of the natural environment in the second half of the twentieth century and also the growing ecological awareness of the contemporary societies. However, the differences in its production level and the resulting regional specializations in its scope in the recent decades are determined by a number of economic, technological and institutional factors. The article discusses the functioning definitions and difficulties in their development and application, as well as the sources of the data on the size of the eco-industry sector in the world. In addition, calculations regarding the growth rate of the eco-industry sector in 1996, 2004, 2012 and 2017 and its internal global industrial structure in 2016 were presented. In the final part of the work there were given and analysed the reasons and consequences related to the explanation of the different production volumes of the eco-industry sector in various countries of the world.