Problems associated with the qualitative analysis and quantitative measurement of sustainability, and opportunities for connecting the concept with the methodological basis of development assessment and the essence of the subject that values sustainability are dealed. The goal of article is to work out the basics for analysis of the regional development in a country in terms and framework of sustainability concept. The article starts by outlining the definition of sustainability, which is followed by an analysis of the nature of sustainability. The third subsection highlights the demands of the decision-making process in guaranteeing sustainability and then considers sustainability in a competitive environment. In the second part of article the sustainable development conception is implemented in regional development sustainability analysis.

Estonian Discussions on Economic Policy, Vol 22, No 1 (2014)