scholarly journals Challenges and Sustainability of China’s Socio-Economic Stability in the Context of Its Demographic Development

Societies ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 22
Author(s):  
Andrea Čajková ◽  
Peter Čajka

Like many developed countries in the world, China currently faces many serious demographic challenges that pose a potential risk to the country’s socio-economic development and stability. The current demographic development and trend is characterized by a change in the reproductive behavior of the population, characterized by a decline in birth rates, a change in family behavior, and a shift in the value system. This paper is aimed at identifying the impact of population policy and the degree of its influence on both the economic and social system of the country. Based on a deterministic approach, the findings reveal and demonstrate the serious demographic challenges facing China, and we are noting that there is no guarantee that parametric adjustments, such as shifting the retirement age, will de facto ensure the financial health of the pension system by preventing bankruptcy. We point out the risks and prospects for the sustainability of China’s socio-economic development based on an analysis of past and current Chinese demographic policy.

Author(s):  
Nexhmedin Shaqiri

The study will focus on the evaluation of social indicators (indicators of population, unemployment rate, employment rate, etc.) and economic development in view of the socio-economic stability of Kosovo. The impact of the financial resources of pension funds in the quality of payment of pension annuities will be presented as key factors in the socio-economic stability of Kosovo. The research question is "How does the human potential, respectively employment or economic development in pension funds, impact on the sustainability of Kosovo's pension system". The theoretical basis of this study will focus on the study of human resources, employment theories and theories of economic development. Methods that help the study of this problem include the extraction of indicators to provide information which serves to measure the factors that indicate the point of crossing the threshold of socio-economic stability. The key finding of the analysis is the impact of human resource potential in the economic development of Kosovo and its impact on the sustainability of the pension system in Kosovo. From the results obtained conclusions will be drawn on the assessment of current economic development, the proper use of human resources, the assets of pension funds and employment requirements. From a critical evaluation connected to this theme, the findings will serve to make the necessary suggestions for changes and improvement of the problem.


2018 ◽  
Vol 212 ◽  
pp. 08013
Author(s):  
Boris Saneev ◽  
Alexandr Sokolov ◽  
Svetlana Muzychuk

The energy efficiency of the Russian economy lags far behind the developed countries of the world that worsens its socio-economic development. To increase energy efficiency, it is necessary to introduce innovative solutions that require large investments. The object of the research is the economy of the Irkutsk region that energy efficiency growth, being the most important priority of socio-economic development, is of particular relevance due to its high energy intensity. The purpose of the study is to perform an energy-economic analysis of the Irkutsk region, and to determine the impact of investment on the energy efficiency growth. The methodological approach developed by the authors and used in this research is based on the balance and statistical methods. In course of the research, retrospective fuel and energy balances (FEB) of the Irkutsk region have been developed, and the energy efficiency indicators have been calculated on their basis. The main directions for the fuller use of the fuel and energy resources (FER) have been identified, the implementation of which will significantly increase the energy efficiency indicators. It will require an increase in investments in the fuel and energy complex (FEC) by 1.7-2 times by 2030 as compared to 2016.


Author(s):  
Olga Samoshkina ◽  
Iryna Adamenko

Relevance of the research topic. Budget expenditures are used as an instrument of state regulation of the dynamics of socio-demographic development of the country. Accordingly, the study of the impact of the trends of demographic development on the dynamics of socio-economic processes and the financial stability of the country in the medium and long term are relevant in order to use the regulatory capacity of budget expenditures to improve the demographic situation of the country and stimulate demographic growth. Formulation of the problem. Increasing the level of efficiency and effectiveness of fiscal policy while solving strategic tasks of socio-economic development of the country requires deepening research into the theoretical and methodological principles of using budget expenditures as an effective instrument for the regulation of demographic development, forecasting and planning of the expenditure part of the budget taking into account demographic factors. Analysis of recent research and publications. Problems of budgetary regulation of socio-demographic development of the country are devoted to the works of foreign and domestic scientists G. Becker, M. Blaug, G. Buchanan, A. Vishnevsky, O. Grishnova, S. Kapitsa, L. Kozarezenko, L. Lisyak, E. Libanova, G. Lopushniak, I. Lunina, A. Mazaraki, A. Smith, L. Thurow, V. Fedosova, I. Chugunova, T. Shults, S. Yurii and others. Selection of unexplored parts of the general problem. The study of budget expenditures as an instrument of demographic development is being updated due to the need to improve the quality level of budgetary regulation of the country's social development, the implementation of budget policy aimed at ensuring sustainable socio-economic development of the country, stability and balance of budgetary and pension systems in the medium and long-term prospect. Setting the task, the purpose of the study. The research objective is to analyze the peculiarities of using budget expenditures as a tool for regulation of socio-demographic development of the country for the formation and implementation of purposeful, consistent and effective budget policy. The purpose of the study is to reveal and improve the theoretical and methodological basics for the formation of budget expenditures in the system of state regulation of demographic development of the country. Method or methodology for conducting research. The article uses a set of scientific methods and approaches, including dialectic, system and structural methods, statistical, comparative and factor analysis, methods of scientific abstraction, analysis and synthesis. Presentation of the main material (results of work). The essence of budget expenditures as an instrument of regulation of demographic development of the country is revealed; improvement of the forecasting and planning of the budget expenditures taking into account demographic factors; an analysis of the trends of demographic development of Ukraine was made, priority directions of budget regulation of the demographic situation of the country were determined with the use of regulatory potential of budget expenditures. The field of application of results. The results of the study can be used in the process of formation and implementation of state policy in the field of budget expenditures. Conclusions according to the article. The use of budget expenditures as a tool for the regulation of demographic development implies a well-defined definition of the volume and structure of the expenditure part of the budget to influence the dynamics of socio-demographic processes in the country, taking into account their cyclicality and strategic priority directions of public development. The provisions on forecasting and planning of budget expenditures taking into account demographic factors are based on the consideration of the mutual influence of indicators of the budget expenditure and population and its age structure, the use of budget expenditures as an effective tool for the regulation of demographic trends.


2020 ◽  
Vol 74 ◽  
pp. 05025 ◽  
Author(s):  
Stanisław Swadźba

The main goal of this paper is to show the level of globalization, its changes and the impact of globalization on economic growth and socio-economic development in these countries. The following research methods were used: historical, literature, descriptive analysis and simple statistical methods. Statistical data used in this paper come from KOF Index of globalization, World Bank Database and Human Development Reports. The time range of research is 1990-2018. The research covered 16 countries of Western Europe, USA, Canada, Japan, Australia and New Zealand. The main findings of the study are as follows: Highly developed countries are the most globalized. The level of globalization in individual countries varies, but the differences are not large. The medium-size European countries are the most globalized, while non-European countries are the least globalized. Starting from the 1990s, the level of globalization has increased significantly. The highest increase was in the less globalized countries, the lowest in the most globalized ones. As a result, the differences between them have significantly decreased. Thus we can see the convergence in the sphere of globalization. The positive impact of globalization on economic growth and socio-economic development was not observed in this group of countries.


2015 ◽  
pp. 86-99 ◽  
Author(s):  
E. Avraamova ◽  
T. Maleva

The loss of country’s socio-economic development stability puts on the agenda the problem of finding solutions contributing to the maintenance of Russian households’ welfare. The authors believe that these solutions lie in the broader area than applying various instruments of monetary support. The most effective solutions are related to the actualization of own resources of households that can act as a safety margin as well as a source of social development. The attempt to evaluate the households’ resource provision and highlight the significance of each resource enabling or creating barriers to the growth of households’ welfare is made in this article. On the basis of received conclusions social policy areas directed at preserving or enhancing the welfare are defined.


2019 ◽  
Vol 40 (3) ◽  
pp. 148-155
Author(s):  
K. N. Yusupov ◽  
V. M. Timiryanova, ◽  
Iu. S. Toktamysheva ◽  
A. F. Zimin,

The article presents a methodology for assessing the impact of spatial environment on the socioeconomic development of municipalities. It relies on existing tools for assessing the state and potential of the geographical location of municipalities. An integrated approach allows to determine the potential of the interaction of the municipality with the neighbors of the first and second order. The methodology was tested on statistical data on the Blagovarsky municipal district.


Author(s):  
Lutz P Breitling

Abstract Background The most commonly cited argument for imposing or lifting various restrictions in the context of the coronavirus disease 2019 (COVID-19) pandemic is an assumed impact on the reproductive ratio of the pathogen. It has furthermore been suggested that less-developed countries are particularly affected by this pandemic. Empirical evidence for this is lacking. Methods Based on a dataset covering 170 countries, patterns of empirical 7-d reproductive ratios during the first months of the COVID-19 pandemic were analysed. Time trends and associations with socio-economic development indicators, such as gross domestic product per capita, physicians per population, extreme poverty prevalence and maternal mortality ratio, were analysed in mixed linear regression models using log-transformed reproductive ratios as the dependent variable. Results Reproductive ratios during the early phase of a pandemic exhibited high fluctuations and overall strong declines. Stable estimates were observed only several weeks into the pandemic, with a median reproductive ratio of 0.96 (interquartile range 0.72–1.34) 6 weeks into the analysis period. Unfavourable socio-economic indicators showed consistent associations with higher reproductive ratios, which were elevated by a factor of 1.29 (95% confidence interval 1.15 to 1.46), for example, in the countries in the highest compared with the lowest tertile of extreme poverty prevalence. Conclusions The COVID-19 pandemic has allowed for the first time description of the global patterns of reproductive ratios of a novel pathogen during pandemic spread. The present study reports the first quantitative empirical evidence that COVID-19 net transmissibility remains less controlled in socio-economically disadvantaged countries, even months into the pandemic. This needs to be addressed by the global scientific community as well as international politics.


2017 ◽  
Vol 53 (4) ◽  
pp. 9-26
Author(s):  
Hailun Zhang ◽  
Sheng Xu

AbstractThe research measures the driving force of innovation in economic structure transition. In order to change the pattern of economic development, China is implementing a strategy of innovation-driven development. China’s capacity of innovation has been increasing, especially since 2012, and China’s innovations have taken a leap-forward development. Nowadays, innovation has become a main driving force in China’s economic development and hi-tech industries particularly make a great contribution. Although China’s tertiary industry has been dominant and its share in three industrial sectors has been exceeding 50% since 2015, a problem still exists in China’s economy that the proportions of primary and secondary industries are relatively higher compared with developed countries. In this paper we use PLSR model to measure the impact of innovation on China’s economic structure transition. It is found that innovation can expand the tertiary industry through shrinking the proportions of primary and secondary industries, transforming China’s economic structure into a more advanced pattern. Additionally, China is also devoting itself to the “Belt and Road Initiative”, which should be combined with China’s domestic innovation-driven development and realize sustainable development of economy worldwide.


2021 ◽  
Vol 6 (2) ◽  
pp. 100-104
Author(s):  
Liudmyla Tsymbal

The article identifies the key conceptual foundations for the formation of intellectual leadership of economic entities, including countries as specific actors in the global economy. Thorough preconditions for increasing the level of economic development and the impact of education have been identified. It is determined that historical concepts and modern realities of economic activity only actualize the role of education and enlightenment in the economic development of the national economy and ensuring its competitiveness. The strategies of increasing the competitiveness of individual countries of the world are analyzed, their key priorities in the conditions of formation of the knowledge economy are determined. The evolution of views on the role of human and intellectual capital in increasing the welfare of countries, the impact on GDP and other macroeconomic indicators is described. The ratings of countries are analyzed, in particular by the level of investment in intellectual capital and the structure of their GDP, which confirms the dominance of science-intensive economic activities. In addition, it was determined that the leading countries are characterized by increasing the role of knowledge-intensive activities, increasing the share of intangible assets, redistribution of capital of leading international companies and increasing research spending, increasing investment in human and intellectual capital, increasing exports of high-tech products. Analytical assessment confirms the advanced development of science-intensive industries in countries with developed economies, which creates the need for training and retraining of specialists needed for such industries. In modern conditions, the educational process ceases to be predominantly the prerogative of young people, and becomes a lifelong process, which increases spending on education in developed countries, but without denying the significant asymmetries on this indicator. Research confirms the direct relationship between the quality of human and physical capital and economic development, which is typical of highly developed countries, one of the main reasons for the development lag of the poorest countries. In addition, the article substantiates the key factors of intellectual leadership and their impact on the development of economic development strategies.


2017 ◽  
Author(s):  
Tomasz Wojewodzic ◽  

The turn of the 20th and 21st centuries has been a very dynamic period of change in Poland and around the world; also a period of change in thinking about the economy and agriculture. The present work is a study of the decline, divestments and development of agriculture in the areas of fragmented farming structure. The reflections presented herein, upon the processes of the remodelling of agrarian structures, of divestments in farming, and disagrarisation, are mostly anchored in the achievements of the theory of spatial economy (land management), and the microeconomic theories of choice, including the theory of an agricultural holding (farm) and land rent theories. The work focuses on the economic issues of remodelling the agrarian structure, but due to the nature of the issues discussed herein, specifically in relation to family-owned farms, the social and environmental aspects also needed to be taken into account – in response to the need for a heterogeneous approach, which is increasingly stressed in economic sciences today. The main objective of the research was to diagnose and assess the scale and scope of the mechanisms and processes that inform the decline and growth of agricultural holdings in the areas with fragmented farming structure. The study covered the area comprising four regions (provinces) of south-eastern Poland, which – according to the FADN nomenclature – form the macro region of Małopolska and Pogórze. The study of subject literature has been enriched with an analysis of available statistics; data from the Farm Accountancy Data Network (FADN); information obtained from the Department of Programming and Reporting at the Agency for Restructuring and Modernisation of Agriculture; and author’s own research conducted among farm owners. The information thus obtained made it possible to: • Determine the theoretical premises for the spatial diversity of agriculture, and the role of small farms in the shaping of agrarian structure. • Adapt the concept of “divestment” for the description and analysis of the phenomena occurring in agriculture. • Indicate the role and importance of the processes of divestment and disagrarisation in the restructuring of agriculture. • Assess the natural, social and economic determinants of the process of restructuring agriculture in areas with fragmented farming structure. • Assess selected aspects of economic efficiency of agriculture in areas with fragmented farming structure, with the focus on small and micro farms. • Carry out an ex ante evaluation of the impact of agricultural policy instruments on the process of restructuring of agriculture in the macro region of Małopolska and Pogórze. • Identify the indicators of decline and fall, and barriers to the liquidation of farms. • Assess the relationship between the level of socio-economic development, the structure of farming, and the quality of agricultural production space in a given territorial unit, versus the intensity of the economic and production disagrarisation processes in agricultural holdings. • Propose targeted solutions conducive to the improvement of the farming structure in areas with a high framentation of agriculture. Observation of the processes occurring in agriculture, and the scientific theories created on the basis thereof, have shown that even the smallest farms have a chance to continue in existence, provided that we are able to positively verify their adaptation to the changing conditions in the environment. Carrying out farming activity is a prerequisite for implementing the economic, social and environmental functions associated with family farms. At the same time, based on the analyses performed, we need to assume that the advanced processes of the production and economic disagrarisation of agricultural holdings are to a greater extent determined by the anatomical features of agriculture, and by the natural conditions, than by the level of socio-economic development of the given territorial unit. In the current economic climate, the remodelling of the agrarian structure is only possible with the active participation of the institutions responsible for the creation of economic growth and agricultural policy development. It is extremely important from the point of view of environmental protection, and the viability of rural areas, to support small farms engaged in agricultural activities, and to introduce such instruments that will enable the replacement of an economic collapse with divestments, carried out in a planned manner, and allowing for thus released agricultural resources to find alternative application in units with a higher development potential. The area of theoretical research requiring further exploration includes the issues such as transactional costs of the liquidation of agricultural holdings, and the assessment of the economic effectiveness of conducting divestments.


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