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Social Security vs Human Development: Conflict or Interdependence
Nazarova G. V., Demchenko K. O.

Nazarova, Galyna V., and Demchenko, Kateryna O. (2021) “Social Security vs Human Development: Conflict or Interdependence.” Business Inform 5:6–15.
https://doi.org/10.32983/2222-4459-2021-5-6-15

Section: Economic Theory

UDC 364+316.4

Abstract:
The article examines the theoretical, methodological and practical aspects of the formation of social security and human development, their relationship and differences. The research is aimed at determining the relationship between social security and human development. In the process of research, general scientific and special research methods were used, among them: method of structural and logical analysis; methods of economic-statistical analysis; method of correlation analysis, etc. The tasks were solved using application packages such as Microsoft Excel, Statistica 10.0. Thus, in order to clearly understand the concepts under research, their uniqueness, a comparative analysis of the tasks and the research object, which are of close essence, but of different purpose, precisely the concepts of «human development» and «social security», was carried out. The analysis of both domestic and foreign methodological approaches to the measurement of social security allowed to substantiate the feasibility of applying the social protection expenditure factor to GDP for a correlation analysis. The results of the correlation analysis of the human development index (HDI) and the coefficient of social protection expenditures to GDP allowed to justify the hypothesis that there is a direct impact of social security on human development. In accordance with the results obtained and taking into account the analysis of the components of human development, appropriate recommendations have been developed to increase their level. Thus, present day reality emphasizes the need to search for powerful instruments to solve global problems that threaten the secure existence and development of society. This forces the international society to expand the security sphere and pay attention to the process of formation and active development of the theoretical foundations of human development and social security along with their practical implementation. As a result of the study, it is identified that the vast majority of scholars who study the problems of human development consider this concept as a certain process directed towards achieving the main goal.

Keywords: human development, social security, social protection, HDI, expenditure ratio, correlation analysis.

Tabl.: 3. Formulae: 2. Bibl.: 31.

Nazarova Galyna V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Social Economics, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]
Demchenko Kateryna O. – Postgraduate Student, Department of Social Economics, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

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