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Organizational and Economic Support for the Functioning of the Inclusive Economy in Ukraine Zaitsev Y. O., Petrenko D. A.
Zaitsev, Yurii O., and Petrenko, Dmytro A. (2024) “Organizational and Economic Support for the Functioning of the Inclusive Economy in Ukraine.” Business Inform 7:79–85. https://doi.org/10.32983/2222-4459-2024-7-79-85
Section: Mechanisms of Regulation of the Economy
Article is written in UkrainianDownloads/views: 1 | Download article (pdf) - |
UDC 338.43
Abstract: The article substantiates the need to introduce an inclusive economy in Ukraine as a transformational strategy that can lead to sustainable development and social justice. It is emphasized that an inclusive economy, focused on economic growth and reducing social inequality, has significant prospects for Ukraine, as the country faces numerous economic and social problems. The article analyzes in detail the current state of the inclusive economy in Ukraine, highlights the potential advantages of this approach. The authors characterized the conception of an inclusive economy, emphasizing that it goes beyond simple economic indicators and includes social dimensions such as equality and justice. An inclusive economy ensures that all people, regardless of their socioeconomic background, have equal opportunities to participate in and benefit from economic activities. The article proposes a comprehensive strategy, including short- and long-term measures. In the short term, there is a need for targeted interventions to alleviate poverty and provide immediate assistance to the most vulnerable population strata. This can include direct financial aid, subsidies for basic services, and emergency employment programs. In the long term, the focus should be on structural reforms that create a fairer economic environment. This includes reforms in: education and health to ensure universal access; labor market policies that promote inclusive employment; a social safety net that provides security for those in need. The article highlights the successful practices of developed countries that have achieved significant results in reducing social inequality and ensuring equal access to economic opportunities. Purposeful adaptations of these international practices to the conditions of Ukraine are suggested, emphasizing the role of the audiences – government officials, private sector leaders and civil society representatives – in this process. The authors argue that these measures, combined with the strong commitment of all stakeholders, can pave the way for a more inclusive and sustainable economic future for Ukraine. Engaging audiences is essential for the successful implementation of an inclusive economy.
Keywords: organizational structures, economic mechanisms, inclusive development, social responsibility, public policy, economic efficiency, social integration.
Tabl.: 1. Bibl.: 11.
Zaitsev Yurii O. – Doctor of Sciences (Economics), Professor, Professor, Department of Finance, Banking and Insurance, Poltava State Agrarian University (13 Skovorody Str., Poltava, 36003, Ukraine) Email: [email protected] Petrenko Dmytro A. – Postgraduate Student, Department of Economic Cybernetics and Economic Security Management, Kharkіv National University of Radioelectronics (14 Nauky Ave., Kharkіv, 61166, Ukraine) Email: [email protected]
List of references in article
“Inkliuzyvnyi rozvytok natsionalnoi ekonomiky: hlobalni tendentsii, mozhlyvosti Ukrainy ta rol ahrarnoho sektoru“ [Inclusive Development of the National Economy: Global Trends, Opportunities of Ukraine and the Role of the Agricultural Sector]. Kyiv : Natsionalnyi universytet bioresursiv i pryrodokorystuvannia Ukrainy, 2020. https://nubip.edu.ua/node/82680
Skrylnik, A. S. et al. “Inclusive Economic Growth in Ukraine: The Social Aspect“. International Journal of Engineering & Technology. 2018. https://reposit.nupp.edu.ua/bitstream/PoltNTU/5480/1/IJET-27315.pdf
Dziamulych, M. I. “Mekhanizm vidtvorennia robochoi syly v aspekti rynkovykh transformatsii“ [The Mechanism of Labor Force Reproduction in the Aspect of Market Transformations]. Ekonomika: problemy teorii ta praktyky, no. 125 (2002): 73-84.
Kyrylenko, V. I., and Chaliuk, Yu. O. “Otsinka hotovnosti krain do dystantsiinoho navchannia“ [Assessment of Country Readiness for Distance Learning]. Pryazovskyi ekonomichnyi visnyk, no. 1 (2022): 24-33. DOI: https://doi.org/10.32840/2522-4263/2022-1-4
Potomkina, O. V., Dziamulych, M. I., and Shubala, I. V. “Stymuliuvannia pratsi yak chynnyk zabezpechennia efektyvnosti vykorystannia personalu“ [Labor Simplification as Factor to Provide Efficiency of Use of Personnel]. Ekonomichnyi forum, no. 1 (2019): 184-188.
Chaliuk, Yu. O. Sotsialni posluhy v umovakh sotsializatsii hlobalnoi ekonomiky: teoriia ta praktyka [Social Services in the Conditions of Socialization of the Global Economy: Theory and Practice]. Kyiv: KNEU, 2022.
“Poverty headcount ratio at $2.15 a day (2017 PPP) (% of population)“. World Bank Group. https://data.worldbank.org/indicator/SI.POV.DDAY
“Gini index“. World Bank Group. https://data.worldbank.org/indicator/SI.POV.GINI
“Statistics on unemployment and labour underutilization“. International Labour Organization. https://ilostat.ilo.org/topics/unemployment-and-labour-underutilization/
“Current health expenditure (% of GDP)“. World Bank Group. https://data.worldbank.org/indicator/SH.XPD.CHEX.GD.ZS
“Government expenditure on education, total (% of GDP)“. World Bank Group. https://data.worldbank.org/indicator/SE.XPD.TOTL.GD.ZS
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