NATURAL RESOURCE ASSETS AS FACTOR FOR ENSURING THE QUALITY OF LIFE OF TERRITORIAL ENTITIES’ POPULATION
DOI:
https://doi.org/10.15407/economyukr.2024.07.049Keywords:
natural resource asset; spatial development; quality of life; territorial entity; resilienceAbstract
The concept of natural resource asset is defined as a component of natural wealth institutionalized in the economic process and embodied in tangible and intangible forms, which has exchange and consumption value, and as a result of it being involved in economic activity by economic entities added value is created and flows of benefits are obtained from use of natural resources as goods, means and factors of production.
It has been established that any natural resource asset simultaneously has two sets of features, the first of which is characteristic of it as capital of natural origin, and the second as an asset. On this basis, a generalized classification of natural resource assets is proposed. They are identified as capital that exhibits a dualistic value of use / non-use, is involved in reconstructive development, on the one hand, as a component of the natural environment and a factor in the formation of human life activity environment, and on the other hand – as a resource and a factor in the resilient development of territorial entities. Essential features of economic systems’ resilience have been revealed, based on them the prediction is made about reaching homeostatic equilibrium after disruption of their normal functioning and the beginning of the growth trajectory, which will be accompanied by the expansion and improvement of the quality of competences, the effectiveness of the territorial economy with the involvement of natural resource assets.
Natural resource assets are characterized as spatial development tools, which simultaneously play three roles in the social production system – raw material and energy resources, means and factors of production development and commodity-market relations, as well as quality of life factors. The potential positive effects of natural resource assets integration into the economic circulation on the population’s quality of life have been identified, including enhancing the environmental safety of the economy, formation of attractive conditions for economic activity and population's living, which will contribute to the normalization of the demographic situation in the country.
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