Economic behavior of households and their welfare: models and forms of interaction

2020 ◽  
pp. 3-8
Author(s):  
Maryana Bil ◽  
Olha Mulska
Keyword(s):  
Economic Growth ◽  
Social Protection ◽  
Well Being ◽  
Central Place ◽  
Economic Behavior ◽  
Human Potential ◽  
Modern Theory ◽  
Economic Behaviour ◽  
Theoretical Approaches ◽  
The Impact

The article defines the content of welfare as a measure of socially oriented efficiency of economic growth, which reflects the appropriate level of providing the population with material and spiritual goods with the formation of favourable conditions for human development and capitalization of human potential in a competitive mobile space. The modern theory of welfare testifies to the deepening of scientific discussions on the transformation of economic welfare into mobile and inclusive, as well as the opposition of competitive and social protection welfare policy. Another milestone in the evolution of welfare theory is the individualization of its provision. Conditions of competition and mobility increase the importance of households in providing their well-being with further reflection on the processes of economic growth of the community, region, and state. This gives grounds to actualize the issues of household welfare research and strengthening economic growth based on behavioural economics. The needs, interests, motives, and incentives determine the economic behaviour of households. At higher levels, it defines an economic culture that is closely linked to the national mentality. In this regard, the main models of economic and social behaviour of households – socialization, adaptation, integration, values, regulation, and the definition of financial development strategies are outlined. Theoretical approaches to the explanation of economic behaviour are generalized, namely religious-ethical, psychological, substantive theories, theories of motivations and acquired needs, process theories, theories of justice, and others. Based on the ideas of foreign scientists, the main determinants of the economic policy of households are proposed. Political, stabilizing, and economic determinants are distinguished in the group of general determinants. In the group of determinants directly related to households, the financial, demographic, cultural, social, empirical, and psychological are suggested. The author’s emphasis is placed on the importance of the impact of financial determinants of the households’ economic behaviour, the central place among which is occupied by savings.

THE IMPACT OF DECENTRALIZATION ON THE DEVELOPMENT OF ENTREPRENEURSHIP IN UKRAINE

2017 ◽  
Author(s):  
Lyudmyla Mishchenko ◽  
◽  
Dmytro Mishchenko ◽  
Keyword(s):  
Social Entrepreneurship ◽  
Local Governments ◽  
Poverty Reduction ◽  
Social Protection ◽  
Local Community ◽  
Well Being ◽  
Economic Incentives ◽  
Social Enterprises ◽  
Infrastructural Support ◽  
The Impact

The actualization of the results of financial decentralization in Ukraine as part of the reform of decentralization of power and the development of proposals for its improvement is explained by the fact that a clear division of functions, powers and financial resources between national and regional levels is the basis for the well-being of our citizens. opportunities for its sustainable socio- economic development on a democratic basis. It is noted that financial decentralization is a process of giving authority to mobilize revenues and expenditures of local governments in order to increase the effectiveness of the implementation of these powers and better management of community budgets. It is established that unlike traditional entrepreneurship, which focuses on profit generation, the purpose of social entrepreneurship is to create and accumulate social capital. Abroad, social enterprises operate successfully in the fields of education, the environment, human rights, poverty reduction and health care, and their development and dissemination is one way to improve the living conditions of citizens. A similar mission is entrusted to local governments, which allows us to consider the revival of social entrepreneurship as an important element in improving self-government policy. It is determined that in modern conditions social entrepreneurship is one of the tools to ensure the ability of the local community to provide its members with an appropriate level of education, culture, health, housing and communal services, social protection, etc., as well as plan and implement programs efficient use of available natural and human resources, investment and infrastructural support of territorial communities. Due to financial decentralization, local governments have received additional resources that can be used to create economic incentives to promote social entrepreneurship in small and medium-sized businesses at the community level.

Labor law and social security aspects aspects of the National Security Strategy of Russian Federation

2021 ◽  
pp. 817-833
Author(s):  
Sergey Y. Chucha
Keyword(s):  
National Security ◽  
Russian Federation ◽  
Social Protection ◽  
Labor Law ◽  
Well Being ◽  
Social Solidarity ◽  
Human Potential ◽  
Security Strategy ◽  
The People ◽  
National Security Strategy

The National Security Strategy of the Russian Federation, approved by Presidential Decree no. 400 of July 2, 2021, is the first strategic planning document in the history of modern Russia, which called the preservation of the people of Russia and the development of human potential a primary national interest and strategic national priority, and improving the quality of life and well-being of citizens is among the priorities. The scientific research of document that changed the paradigm of national security is just beginning. In the study, using a comparative historical methodology, an intersectoral analysis of the transformation of the labor-legal and social-protective component of the National Security Strategy is carried out, the timeliness of the changes is empirically proved on the basis of statistical data. In the course of the study, we develop a classification of tasks to ensure the implementation of state policy goals, depending on the degree of determination with the sphere of labor and social protection, creates the basis for intersectoral research on national security issues, improving current legislation and its application through the prism of constitutional guarantees in the social protection and labor law spheres. We substantiate the increasing role of social partnership, social solidarity, socially responsible business and the principle of respect for human labor as necessary conditions for the implementation of strategic plans to ensure national security for the preservation of the people of Russia and the development of human potential.

scholarly journals DEVELOPMENT OF SOCIAL POLICY IN THE CONTEXT OF HARMONIZING THE INTERESTS OF ECONOMIC SUBJECTS

2021 ◽  
Author(s):  
Svitlana Fimyar ◽  
Olga Shilvinska
Keyword(s):  
Economic Growth ◽  
Social Policy ◽  
Social Protection ◽  
Economic Effect ◽  
Self Regulation ◽  
The State ◽  
Economic Behavior ◽  
Social Partnership ◽  
The Government ◽  
Social Product

Economic transformations of the country due to the development of market relations lead to appropriate changes in the field of social policy, the development of appropriate mechanisms of social protection, based on the principles of self-regulation and mutual support. The scale of economic growth is largely determined by the level of motivation of the behavior of economic entities both in increasing their own financial results and the general economic effect of creating a social product. In this aspect, the social policy of the state becomes a powerful factor in economic growth, with the greatest effect is given by the use of such forms of incentives that realize the public interests of all economic entities, which are not homogeneous in nature. The implementation of these priorities should be aimed at solving major socio-economic problems in order to prevent conflicts and promote sustainable development at the level of enterprises, regions, the country as a whole, so the problem of harmonizing the interests of all economic entities can be identified as a priority. The urgency of this problem is due to the need to increase the level of social protection of the population, which is achieved through the effective implementation of social policy and improving the mechanisms for its implementation from the standpoint of harmonization of interests of all economic entities. It is proved that to form a low-conflict model in which each entity has a clearly defined mechanism for meeting their own needs through the interests of partners, possibly by expanding the scope of market methods of self-regulation in combination with government leverage to influence economic behavior. To implement a more effective social policy, the government proposed a mechanism for expanding and harmonizing the socio-economic interests of the state, business and employees, which summarizes the result of the synthesis of natural and artificial responsibilities for various actors in social policy and social partnership. The proposed mechanism is able to neutralize the problems associated with low wages in the real sector of the economy, poverty and inefficient use of GDP, ensure the transparency of this process, and create a powerful motivational environment for workers and employers.

ASSESSMENT OF THE BUDGETARY POLICY IN THE FIELD OF EQUALIZING BUDGETARY PROVISION IN RUSSIA

2021 ◽  
Vol 2 (3) ◽  
pp. 75-82
Author(s):  
O. R. TEGETAEVA ◽  
◽  
L. V. BASIEVA ◽  
A. A. BALIKOEVA ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Russian Federation ◽  
Financial Resources ◽  
Budgetary Policy ◽  
Theoretical Approaches ◽  
The Russian Federation ◽  
Regional Budgets ◽  
The Impact

The article highlights theoretical approaches to defining the concepts of budgetary provision of the budgets of the constituent entities of the Russian Federation. In this regard, an analysis of changes in the levels of subsidization of regional budgets is carried out, taking into account changes in the methods of distributing subsidies to regions, an assessment is made of the impact of changes in the management of public financial resources on the economic growth of regions.

scholarly journals An Infodemiology Approach to Assess the Impact of the Great Recession on Anxiety and Depression in France.

2019 ◽  
Author(s):  
Ariadna Ramos-Gomez ◽  
Aldo Perez-Escatel ◽  
Elio Atenogenes Villaseñor-Garcia ◽  
Cesar Ramos-Remus
Keyword(s):  
Mental Health ◽  
Social Protection ◽  
Global Financial Crisis ◽  
Debt Crisis ◽  
Well Being ◽  
Depression And Anxiety ◽  
Unemployment Benefits ◽  
The European Union ◽  
Search Terms ◽  
The Impact

Abstract Background: The global financial crisis of 2008 and subsequent sovereign debt crisis in Europe had a profound multidimensional impact on developed economies, including on the construct of health. Mental health is a key factor for productivity and an indicator of the general well-being of the population. France poses mental health and public policies characteristics that differentiated it from other countries of the European Union. This study aimed to assess whether depression and anxiety increased throughout the course of the 2008 debt crisis in France. Methods: This is an ecological study using an infodemiology approach. The search terms for depression and anxiety were extended with related words according to culture to form a distress index. Google Trends was used to mine the distress index search terms in a period before the debt crisis (2004) until 2018, using open source libraries, and pandas to merge information. Diverse economic- and employment-related datasets for France were used as covariates in multiple linear regression analyses, and the expected seasonal variability as a dummy variable. Results: The results showed that for each additional demand for unemployment benefits, search traffic for the distress index was expected to increase by 0.09% (p< 0.001, r2 0.89), even after controlling for the expected seasonal variations in the distress index. However, there was no significant association with unemployment rate. Conclusions: Contrary to reports from other countries, the mild effect of demand for unemployment benefits on the distress index may be explained by aspects of social protection policies in France.

scholarly journals Financial strategy in the conditions of economic transformations

2021 ◽  
pp. 190-196
Author(s):  
Iryna Adamenko
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Financial System ◽  
Well Being ◽  
Economic Transformation ◽  
Financial Strategy ◽  
Economic Transformations ◽  
Social And Economic Development ◽  
The Impact

Relevance of the research topic. In the conditions of economic transformations the financial strategy acts as the important economic lever of influence of public administration bodies on social and economic development of the country. The assessment of the mechanism of financial regulation in Ukraine indicates the need to develop the components of the financial system in conjunction with the transformational economic processes and the development of a sound financial strategy in accordance with the goals and objectives of social development. Formulation of the problem. The importance of developing a financial strategy in the context of economic transformation is due to the need to take into account the impact of internal and external challenges in the financial and economic environment, economic fluctuations due to the spread of the coronavirus pandemic. At the same time, the choice of financial strategy tools should be made taking into account the level of economic development of the country. Analysis of recent research and publications. The issue of developing a financial strategy is quite common in research. These are the works of famous domestic and foreign scientists: J. Keynes, P. Samuelson, J. Stiglitz, W. Tanzi, S. Kucherenko, L. Lysyak, L. Levaeva, I. Lukyanenko, V. Makohon, M. Pasichny, I. Chugunov and others. Selection of unexplored parts of the general problem. The above issues are relevant in connection with the deepening of economic transformation, the adverse impact of the Crown virus pandemic on the financial sector, which requires a number of specific tasks related to the development of financial strategy. Problem statement, research goals. The objectives of the study are: to reveal the role of financial strategy in the regulation of socio-economic processes, to substantiate the peculiarities of the development of the components of the financial system. The purpose of the study is to reveal the directions of financial strategy in the context of economic transformation. Method or methodology of the study. The article uses a set of research methods: a systematic approach, statistical analysis, structuring, analysis, synthesis, etc. Presentation of the main material (results of work). The role of financial strategy in the regulation of socio-economic processes is revealed, the peculiarities of formation and implementation of financial strategy are substantiated. The directions of financial strategy in the conditions of economic transformations are substantiated. Field of application of results. The results of the study can be used in the process of formation and implementation of financial policy of Ukraine, reforming the domestic financial system and its components. Conclusions in accordance with the article. The qualitative level of formation and implementation of financial strategy is determined by the system of financial institutions, the state of their development in a particular country aimed at ensuring economic growth and welfare of citizens. The functional purpose of financial strategy is the result of the evolution of the role and importance of state functions in socio-economic development. Depending on the dynamics of socio-economic processes, the tasks of the financial strategy and the tools for its implementation should be adjusted. The financial strategy in the conditions of economic transformations should be directed on formation of long-term potential of economic growth and increase of well-being of the population taking into account demographic tendencies and indicators of the macroeconomic forecast of social and economic development of the country.

scholarly journals INFLUENCE OF BUDGET POLICY ON ECONOMIC GROWTH OF THE COUNTRY

2021 ◽  
Vol 1 (36) ◽  
pp. 243-249
Author(s):  
V. Makohon
Keyword(s):  
Economic Growth ◽  
Public Debt ◽  
Social Protection ◽  
Debt Management ◽  
Economic Environment ◽  
Regulation System ◽  
The European Union ◽  
Safe Level ◽  
Budget Policy ◽  
The Impact

The article describes the essence of budget policy. Determined its role in ensuring macroeconomic stability and accelerating economic growth. The quantitative and qualitative impact of the budget regulation system on the economic environment has been characterized. It is substantiated that purposeful budget regulation allows accelerating or slowing social and economic processes, ensuring achievement of certain strategic goals and objectives. An estimation of the impact of budget policy on economic growth, in particular, on the justification of the interrelation of the share in the GDP of income, including direct and indirect taxes; expenses, including social protection and social security, economic activity; direct state and guaranteed debt with real GDP in Ukraine. For 2009—2019, the share of gross income and expenditure, deficit and debt in the countries of the European Union in the GDP was determined; income, expenses, deficit of the consolidated budget, direct state and guaranteed debt in Ukraine. The substantiation of the provision on the development of institutional foundations for fiscal policy-making based on the necessity of adapting the set of mechanisms of functioning of the budget regulation system to the conditions of development of the financial and economic environment and the cyclical nature of economic processes; the position regarding the formation of budget policy based on a forecast assessment of budgetary parameters, based on the projected macroeconomic indicators of socio-economic development of the country, tools and levers of tax policy. The priority directions of budget policy in the conditions of economic transformations are determined, in particular, to strengthen the investment and innovation budget component, to improve the structure of tax revenues, to maintain a safe level of public debt and budget deficit, to improve the quality of public debt management and to determine strategic guidelines for the structure of the debt portfolio.

scholarly journals ANALISIS DAMPAK SEKTOR INDUSTRI MANUFAKTUR, KEMISKINAN DAN BELANJA PEMERINTAH BIDANG LINGKUNGAN TERHADAP KUALITAS AIR DI INDONESIA

2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Azanul Akbar Lubis
Keyword(s):  
Economic Growth ◽  
Water Quality ◽  
Negative Impact ◽  
Manufacturing Sector ◽  
Government Expenditure ◽  
Well Being ◽  
Industrial Sector ◽  
Regional Budget ◽  
The Impact ◽  
Positive Effect

Manufacturing sector is one of the sectors that contribute to economic growth in Indonesia. Results of these contributions is the changing structure of the Indonesian economy from agriculture to the industrial sector. And poverty in Indonesia which is one indicator of well‐being in an area tend to be in 2000 to 2010 has a pattern that tends to decline, although not very significant. Of 2 (two) variables, namely the Manufacturing Sector and Poverty, the author tries to determine the impact of variables on water quality in Indonesia, by adding variable Expenditures Environmental Affairs as variables that also impact the water quality in Indonesia. Manufacturing Sector GDP, the number of poor, Regional Budget (APBD) Environmental Field, each is used as a proxy for the manufacturing sector, poverty and Environment Sector Government expenditure. The data is compiled based on 28 provinces in Indonesia in 2009, 2010 and 2011. The results obtained showed that the industrial sector and poverty have a negative impact on water quality while Government Expenditure Environment Sector positive effect on water quality in Indonesia.

scholarly journals ECONOMIC MENTALITY AS A PROBLEM OF PSYCHOLOGICAL ANALYSIS: FROM THEORICAL PROVISIONS TO EMPIRICAL RESEARCH

2020 ◽  
pp. 67-95
Author(s):  
Д.А. Китова ◽  
А.А. Китов
Keyword(s):  
Quality Of Life ◽  
Mutual Influence ◽  
Cultural Development ◽  
Economic Behavior ◽  
Theoretical Concepts ◽  
Psychological Study ◽  
Theoretical Approaches ◽  
Wide Range ◽  
The Impact

Понятие «менталитет» становится предметом широкого научного дискурса и тяготеет и в отечественной, и в зарубежной литературе к междисциплинарному пониманию. Это сопряжено с широким составом понятий, которые входят в его структуру, и прикладными особенностями его развития - историчностью, устойчивостью/изменчивостью, идеологической лояльностью культур и т.д. Дальнейшая его разработка требует выработки схем описания его структурной композиции, уточнения базовых теоретических концепций, операциональных схем эмпирического анализа и структурирования различных его видов. Проблемы изучения экономического менталитета связаны с содержанием базового понятия и его спецификой - он представляется структурным компонентом российской полиментальности и требует психологического анализа различных его аспектов: сущности и характера его влияния на экономическое поведение личности, корпоративное взаимодействие и экономическое развитие страны в целом. Изучения требуют взаимное проникновение психологических и экономических факторов, прогнозирование их влияния на экономические показатели государства, выделение его функциональных характеристик, а также интенсивность и выраженность психологических свойств и условий культурного развития различных обществ. Выявлен ряд связанных с ним феноменов: взаимовлияния качества жизни и чувства экзистенциальной безопасности; влияния общественного сознания на темпы роста экономики; взаимозависимости качества жизни и субъективной удовлетворенности жизнью; различий в представлениях о причинах бедности преимущественно обеспеченных и нуждающихся слоев населения. Показано, что системно-структурный анализ информационных процессов в интернете (анализ запросов в Google) отражают психологические закономерности возникновения и развития интереса к экономическим явлениям. Предлагаемые подходы позволяют обоснованно считать, что возможно выявление новых знаний об экономическом менталитете. The concept of «mentality» is becoming the subject of a broad scientific discourse and tends, both in domestic and foreign literature, to interdisciplinary integration in the study of the psychology of peoples. It was revealed that the broad interpretation of mentality is associated with a wide range of categories that are included in its structure, and applied features of development - historicity, variability, ideological loyalty of cultures, etc. It seems that further development of the concept requires the development of schemes for describing the structural composition of the mentality, clarification of basic theoretical concepts, operational schemes of empirical analysis and structuring of its various types. The paper describes the problems of studying the economic mentality, which naturally has both problems associated with the study of the basic concept itself, and its own specificity. The economic mentality appears to be a structural component of Russian polymentality and requires an in-depth psychological study of its various aspects: the essence, the nature of the impact on the economic behavior of the individual, corporate interaction and the country's economic development. It was shown that the study requires the mutual penetration of psychological and economic factors, predicting their impact on economic results, highlighting its functional characteristics, identifying the intensity and severity of specific psychological characteristics and conditions of cultural development of societies. It was presented that within the framework of various theoretical approaches and studies, many facts were revealed: the mutual influence of the quality of life and the feeling of existential security; the influence of public consciousness on the rate of economic growth; codependency of the quality of life and subjective life satisfaction; found differences in the perceptions of the wealthy and needy strata of the population about the causes of poverty. It was shown that the systemic and structural analysis of information processes in Google, in particular, the analysis of queries, will make it possible to clearly see that in economies of various types there are certain psychological patterns of interest in economic phenomena that have yet to be substantiated. The proposed approaches make it possible to hope for the identification of new knowledge in the study of economic mentality.

Sign in / Sign up

Export Citation Format

Share Document