The most popular definition of sustainable development is contained in the Report of the Brundtland Commission of 1987, according to which “sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs". Although this definition is widely accepted, it still requires further discussion, which is the subject of the present study. This is partly due to the fact that understanding of the term “sustainable development” is not uniform in the literature – which some even consider a premise to reject the term. The concept of sustainable development goes back to the 1970s. However, its beginnings may be seen even in earlier publications of the 1950s and 196...