The main approaches to the analysis of economic growth and economic development are considered and summarized. The necessity of transaction of modern economies functioning on the principles of sustainable development is substantiated.
The social and ecological factors of sustainable development concept, connection of economic growth with social development are studied. The major social and ecological problems of the transition of the national economy of Ukraine on the principles of sustainable development are analysed.
In the article, the influence of remittances on economics growth in Ukraine was researched. In order to conduct the research the logistics regression was applied. Volumes of consumption, export and import were included into the logistics model as variables, which contribute to calculation of GDP. By changing remittances, we identified their level, which will lead to GDP growth. Specifically, it was found out that economic growth would be achieved if remittances will increase by 2% ceteris paribus.