scholarly journals DEA Assessment of Socio-economic Development of European Countries

Author(s):  
Jelena J Stanković ◽  
Ivana Marjanović ◽  
Nebojša Stojković

Research Question: The study is aimed to explore the achieved level of socio-economic development of European countries, providing their efficiency analysis. Motivation: Current trends in the social wellbeing quantification indicate the neediness to change the perception of growth that relies solely on economic performance and the requisite to develop new approaches in measuring societal progress that, in addition to economic, includes the social performance of the national economy. Modern concepts are designed to encompass both the economic aspect and social goals. Therefore, the purpose of this paper is to contribute to the development of a methodological approach that can be applied to assess the level of socio-economic development. Idea: The study has been developed with the main idea to empirically assess and quantify the socio-economic development of European countries in order to improve traditional performance measures, which are primarily focused on economic aspects, omitting other aspects of sustainability. Data: A sample of 32 European countries was empirically analysed based on the data on socio-economic development indicators in 2018 (employment rates, mean equivalised net income, GDP per capita PPS, and percentage of people at risk of poverty and social exclusion) obtained from EU Statistics on Income and Living Conditions (EU-SILC) and Eurostat database. Tools: The assessment of the achieved level of socio-economic development was carried out using a Data Envelopment Analysis (DEA) based on the BCC output-oriented model with four output variables. Findings: Most of the EU28 countries (26 out of 28) do not achieve satisfactory levels of socio-economic efficiency. Additionally, countries of Northern and Western Europe achieve greater socio-economic efficiency, compared to the countries of Southern Europe. Four countries have a satisfactory level of socio-economic efficiency (the Czech Republic, Luxembourg, Switzerland and Norway). Contribution: This paper contributes to the existing literature in the field of socio-economic sustainability assessment through testing of the model with empirical data on European countries.

2014 ◽  
Vol 14 (2) ◽  
pp. 91-104
Author(s):  
Beáta Mikušová Mericková ◽  
Renáta Halásková

Abstract The trade off efficiency and equity issue, which is represented by income redistribution, becomes increasingly debated not only in economic and social, but also in political dimension. Solution of this trade-off problem is projected into the implementation of social policy and results achieved in macroeconomics policy, with the goal to define the optimal scope and character of the income redistribution processes. The submitted empirical study responds to this problem through the investigation of research question focused on the existence of a relationship between the social protection expenditure (expenditure on policy of family, old age and unemployment) and the achieved level of socio-economic development (quantified by Human Development Index HDI). The existence of this relationship is statistically tested in a sample of 15 countries. The research sample is heterogeneous in relation to the analyzed indicators, and it contains countries with a different level of economics development and income redistribution policy. Based on the results of quantitative analysis in most surveyed countries, impact of social protection expenditure on the reached level of economic development was confirmed. The correlation between the social protection expenditure and socio-economic development is positive in the case of the family and old-age pension policy, and negative in the case of employment policy


2020 ◽  
Vol 2020 (10) ◽  
pp. 3-18
Author(s):  
Valeriy HEYETS ◽  

Self-realization of the individual in the conditions of using the policy of “social quality” as a modern tool of public administration in a transitional society is largely related to overcoming the existing limitations of the individual in acting in such a society and economy transitioning to a market character. Given that, in particular, in Ukraine the market is hybrid (and this is especially important), the existing limitations in self-realization of the individual must be overcome, including, and perhaps primarily, through transformations in the processes of socialization, which differ from European practices and institutions that ensure its implementation. Thus, it is a matter of overcoming not only and not so much the natural selfish interests of the individual, but the existing gap in skills, which are an invisible asset to ensure the endogenous nature of economic growth. It is shown that there is an inverse relationship between the formation of socialization and the policy of “social quality”, which is characterized by the dialectic of interaction between the individual and the group and which is a process of increasing the degree of socialization. The latter, due to interdependence, will serve to increase the effectiveness of interaction between the individual and the group, which expands the possibilities of self-realization of the individual in terms of European policy of “social quality” as a tool of public administration, whose successful application causes new challenges and content of the so-called secondary sociology. The logic of Ukraine's current development shows that new approaches are needed to achieve the social development goals set out in the Association Agreement between Ukraine and the European Union and to minimize the potential risks and threats that accompany current reforms in Ukrainian society. They should introduce new forms of public administration to create policy interrelationships of all dimensions, as proposed, in particular, by the social quality approach to socialization, the nature of which has been revealed in the author's previous publications. As a result, the socio-cultural (social) dimension will fundamentally change, the structure of which must include the transformational processes of socialization of a person, thanks to which they will learn the basics of life in the new social reality and intensify their social and economic interaction on the basis of self-realization, thereby contributing to the success of state policy of social quality and achieving stable socio-economic development.


Author(s):  
E.G. Mukhina ◽  
◽  
A.U. Esembekova ◽  
A.Yu. Anfalova ◽  
◽  
...  

The article discusses methodological approaches to assessing the socio-economic development of the territory. Based on the studied techniques, the author proposed a methodology in the article. For a comprehensive assessment of the level of socio-economic development of the territory, indicators borrowed from the work of R.M. Gazizov: social and economic. The obtained indicators are equated with the coefficient type, generalized indicators are formed and the type of territory is determined according to the ranking.


2020 ◽  
pp. 120-125
Author(s):  
Yuriy Naumov

The article proposes a new methodological approach to understanding corruption threats to economic security on a national-state scale, based on the formation of a model for the system of strategic analysis, management and prevention of risks in the sphere of socio-economic development of the state. Underestimation of diagnostics and monitoring of recognition of corruption threats to national economic security in the context of an economic crisis may negatively affect the level of life support of citizens.


2020 ◽  
Vol 1 (1) ◽  
pp. 196-207
Author(s):  
Oksana Anatol’evna LAPAEVA ◽  

Relevance of the work. Nowadays, Russian enterprises and their employees are subjects of the labour, product, services market, and capital market. An analysis of the theory, methodology and practice of labour standards for workers in coalmining enterprises has shown that rate fixing, as one of the important institutions that regulate the quality, quantity and efficiency of labour use, restrains an employee’s subjectivity in the labour market. Lack of subjectivity is disadvantageous either to employees, or to management (to the owners of the enterprise, or the state), since it does not allow increasing labour efficiency, which is a source of workers’ dissatisfaction with the quality of working life and incomes, labour conflicts, insufficient to ensure the competitiveness of enterprises with increased productivity and labour safety, insufficient growth tax revenues to the state budget. These circumstances indicate the need to develop the theory and methodology of labour standards for workers of coal-mining enterprises aimed at increasing the market subjectivity of each employee of the enterprise by means of socio-economic standardization of his labour activity allowing the employee to satisfy his socioeconomic needs, and the enterprise to carry out socio-economic development as one of the conditions for effective functioning in a market environment. Purpose of the work – theoretical and methodological substantiation of the socio-economic standardization of labour activity of coal-mining workers as a real socio-economic phenomenon and a means to increase their market subjectivity, and for an enterprise to successfully realize the goals of socio-economic development in the conditions of high dynamics of the functioning environment. Methodology and methods of research. The methodology of socio-economic regulation of labour activity of workers is based on the theoretical and methodological provisions of the scientific organization of labour, the results of modern research on the development of labour standards in the context of the formation of a socially oriented market economy and an institutional approach that allows us studying the problems of functioning and changing the role of labour standards as one of the social and economic institutions that form the market subjectivity of the employee and the level of social -economic development of the enterprise. Results of the research. The key concepts of the methodology of socio-economic standardization are identified, the main provisions of the concept of socio-economic standardization of labour activity of coal-mining workers are developed. Conclusions. The increase in the market subjectivity of workers is ensured by the formation and adoption by the enterprise management of the socio-economic standardization of the labour activity of workers at all levels of management, which is based on the determination, establishment and maintenance of a measure of conformity of the social and economic benefits received by the employee, the results of his labour activity and the conditions for obtaining these results.


2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Zhuobi Luo

The dissimilation of the social functions of commercial banks is a phenomenon that the function of commercial banks deviates from the economic development and the people's livelihood. Such phenomenon, which can be seen all over the world, impedes the socio-economic development and affects the well-being of the people to some degree. After investigating and analyzing the dissimilation of the social functions of Chinese commercial banks, it was found that their social functions play a significant role, and the booming development of these banks has made great contribution to the economic growth and improved people's livelihood in China. China should also have special experience in preventing and handling this dissimilation.


2021 ◽  
Vol 94 (1) ◽  
pp. 45-56
Author(s):  
G. N. Stroeva ◽  

At the legislative level, it is established that the culture of Russia, as well as natural resources, is the property of the country and an important resource for the socio-economic development of all its territories and improving the quality of life of the population. Improving the management process and strategic planning of development of the sphere of culture is due to the need for more efficient use of public finances and the level of investment attractiveness of the industry. Strategic planning tools play an important role in optimizing the process of managing of the sphere of culture. The analysis of state programs and strategies sections of the socio-economic development of the eleven regions of FEFD on the development of the sphere of culture, revealed the structural and methodological problems of the development of regional strategic planning documents in the sphere of culture. The main problems include: inconsistency of the structure and content of strategies and programs with methodical instructions (recommendations) and the procedure for their development; lack of a unified methodological approach to understanding the essence and basic components of strategies and programs; lack of a unified approach to the number, composition and presentation of target indicators; insufficient level of interconnection of regional strategic planning documents. A serious problem in the development of strategies and programs is the lack of uniform requirements for indicators for assessing the implementation of strategic goals and objectives, measures of government programs, as well as an interconnected system for assessing strategic planning documents developed at different levels of management. Differences in the structural elements and inconsistencies with the stated criteria are noted in the reviewed documents of all FEFD regions. The main reason for the discrepancy – is the lack of a unified methodology for the development of both regional strategies and government programs.


2021 ◽  
Vol 94 (1) ◽  
pp. 70-79
Author(s):  
M. S. Syupova ◽  

The article is devoted to the problems of socio-economic differentiation of municipalities, the excessive manifestation of which forms a threat to the integrity of the socio-economic and territorial space of the region. In order to avoid crisis manifestations of intraregional inequality, it is necessary to constantly monitor the state and trends of socio-economic development of the territories, which will ensure the timely elimination of growing imbalances. To this end, the article proposes a methodological approach to assessing the level of differentiation of socio-economic development of municipalities in the region, which determines the stage of unevenness and analyzes the nature of changes in the processes of interterritorial inequality in the region. The proposed methodology provides for an assessment of the depth and scale of territorial differentiation by individual indicators, which allows us to identify the «pain points» of the socio-economic development of the region. To assess the overall level of socio-economic differentiation, an integral indicator is calculated that reflects the degree of deviation of the main parameters of the municipality from the regional average. Based on the results obtained, the territories are grouped according to the degree of differentiation, which makes it possible to justify the choice of measures and tools of regulatory influence on the development of individual municipalities by regional authorities. The methodology was tested on the example of the municipal districts of the Khabarovsk Territory. The study showed that the territories of the region are characterized by a critical level of the gap in the state of their socio-economic parameters, which is constantly growing. The results of the study can be used in the activities of the executive authorities of the region.


2020 ◽  
Vol 12 (18) ◽  
pp. 7761
Author(s):  
Zhen Yue ◽  
Kai Zhao

Being enlightened by Richard Florida’s seminal work on the creative class, this paper aims to evaluate the effectiveness of higher education institutions to cultivate a workforce with utilised skills that meet the demand of labour market in the context of sustainable socio-economic development. Based on the macro and micro data generated from Eurostat and the Europe Labour Force Survey (EU LFS), the supply and demand condition of early graduates and the mismatch rate between early graduates’ education backgrounds and actual jobs they undertook are estimated by a multinomial logit model in seven European countries. The findings suggest that, (1) higher education has a significant impact on the formation of specific sustainability competencies that contribute to the development of creative economy; (2) many creative workers also have a high probability of finding jobs that are not commensurate with their qualifications; (3) the effect of higher education policies appears to be heterogeneous across different countries. Therefore, we argue that policy makers should increase awareness about connecting internal measures of education system (e.g., course design) directly to aims and scopes of sustainable socio-economic development scenarios, and joint efforts shall be made to reduce such mismatch rates for particular subjects that are identified by regular monitoring procedures or programmes on the basis of full consideration of interests and reasonable requirements across different countries in Europe.


2016 ◽  
Vol I (II) ◽  
pp. 98-107
Author(s):  
Kaleem Muhammad ◽  
Khattak Bahader Sher ◽  
Rashid Ali Syed

This research study is carried out to know about the importance of social mobilization intervention of Crop Maximization Project on the socio-economic development of small farmers of district Charsadda. The objective of this research study was to know about the role of the social mobilization of the project in uplifting the social and economic conditions of small farmers of the targeted area. The present research study was carried out in union councils Rajjar-II and Sarki Tetara of Tehsil and district Charsadda. Pre-tested interview schedule was used for data collection from 150 respondents, who were purposively selected through random sampling method. The analyzed data indicated that 100% of the respondents were fully satisfied the role played by social mobilization in their motivation, awareness, empowerment, capacity building and organization. Majority (93.3%) of the respondents utilized these skills empowerment for their social and economic development while only 6.7% of them got no benefits. The research findings indicates that effective social mobilization can pave the way for other practical developmental initiatives by motivating, organizing and building the capacity of the targeted population. In future rural development projects there should be effective social mobilization sector, which can bring the maximum number of the targeted population in main stream to get the maximum benefits from the development projects


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