ANALYSIS OF THE CURRENT STATE OF POPULATION WELFARE IN UKRAINE

Keywords: population welfare, statistical estimation, GDP per capita, population income, population expenses, nominal and real wages

Abstract

The article is devoted to the problems of assessing the welfare of the population. The factors that affect the welfare of the population are also considered in the article. The important role has a system of indicators that identify the welfare of the population, such as gross domestic product per capita, nominal and real wage, income and expenses of the population etc. The indicators of economic growth are offered and visualized, in particular, the nominal and real gross domestic product per capita in the dynamics. Тhere are also considered an analysis of the dynamics of population and employment and income in Ukraine in 2011-2021, the dynamics of the average monthly nominal and real wages of employees in Ukraine in 2011-2021, assessed the structure and dynamics of revenue and expenses, analyzed the dynamics of pay labor, pensions and their ratios for 2011-2021. The study mentioned that the improvement of material welfare is indicated by the share of the population with equivalent total income per capita per month, lower than the statutory subsistence level. It was also emphasized that social benefits and other current transfers are an equally important component of the population's income, and that on average one third of the population's income is replenished by cash benefits and state benefits. Attention is focused on the fact that the increase in nominal wages is not a full-fledged indicator of improving the welfare of the population. Therefore, consider the growth rate (decrease) of nominal and real wages for the period 2011-2021. To assess the material security of the disabled population of Ukraine, analyzed the effectiveness of the domestic pension system. Therefore, the dynamics of wages, pensions and their ratios are also considered. In order to assess the effectiveness of pensions in the replacement of labor income by pension benefits, the replacement coefficient was also calculated. In addition, the sources of funding for expenditures in education and health are considered. The article also outlines the main reasons that led to negative changes in the welfare of the population of Ukraine as of 2021. Among them are the aggravation of the political situation in the country; the spread of the pandemic caused by the acute respiratory disease COVID-19; development of inflationary processes; weak state support for the development of social sectors, including health care; low level of social protection of the disabled population; imperfection of the import substitution system, low level of investment attractiveness of Ukraine's economy.

References

Baujard A. Welfare economics. GATE Working Paper. 2013. №1333. 23 р.

Fleurbaey M. Welfare economics, risk and uncertainty. Canadian Journal of Economics/Revue canadienne d'économique. 2018. № 51(1). P. 5–40.

Fleurbaey M., Zuber S. Universal social welfare orderings and risk. SSRN. 2021. №3876726. 50 р.

Tov W. Well-being concepts and components. Handbook of subjective well-being. Salt Lake City, UT: Noba Scholar, 2018. Р. 1–15.

Antó J. M., Martí J. L., Casals J., Bou-Habib P., Casal P., Fleurbaey M., Williams A. The planetary wellbeing initiative: pursuing the sustainable development goals in higher education. Sustainability. 2021. №13(6). Р. 3372.

Waddock S. Wellbeing economics narratives for a sustainable future. Humanistic Management Journal. 2021. №6(2). Р. 151–167.

Kruzslicika M. Food Security and Population Welfare in Romania. Agric. Econ. Rural Dev. 2016. №13. Р. 79–93.

Pelinescu E., Iordan M., Chilian M. N. Digitization and Population Welfare in the New EU Member States. Journal for Economic Forecasting. 2021. №4. Р. 59–75.

Vdovyn M., Zomchak L. Statistical estimation and analysis of foreign trade in EU and Ukraine. Socio-economic potential of cross-border cooperation: international collective monograph. Edited by Semen Matkovskyy, Marek CierpialWolan. 2017. Р. 137–143.

Вдовин М.Л., Зомчак Л.М., Бондар О.В. Кластеризація країн ЦСЄ за показниками ЗЕД. Економіка та суспільство. 2021. Вип. 26.

Приймак В.І., Голубник О.Р., Борщук Є.М. Вплив тіньової економіки на добробут населення України. Економіка та держава. 2017. № 9. С. 4–7.

Офіційний сайт: Державна служба статистики України URL: http://www.ukrstat.gov.ua (дата звернення: 18.05.2022)

Про Державний бюджет України на 2021 рік : закон України від 09.12.2021 № 1082-IX. URL: https://zakon.rada.gov.ua/laws/show/1082-20#Text (дата звернення: 18.05.2022)

Офіційний сайт: Міністерство фінансів України URL: https://minfin.com.ua/ua/ (дата звернення: 18.05.2022)

Соціальний захист населення України у 2020 році: Стастичний збірник / відп. за вип. Сеник І. В. Київ : Державна служба статистики України, 2021. 121 с.

Про загальнообов’язкове державне пенсійне страхування: Закон України від 09.07.2003 р. № 1058-IV. Дата оновлення: 21.03.2022. URL: https://zakon.rada.gov.ua/laws/show/1058-15#Text (дата звернення: 19.03.2022)

Національні рахунки освіти України у 2016 році: Статистичний збірник / відп. за вип. О. О. Кармазіна Київ : Державна служба статистики України, 2018. 105 с.

Національні рахунки охорони здоров’я України у 2016 році: Статистичний збірник / відп. за вип. О. О. Кармазіна. Київ : Державна служба статистики України, 2018. 172 с.

Baujard A. (2013). Welfare economics. GATE Working Paper No. 1333. 23 р.

Fleurbaey M. (2018). Welfare economics, risk and uncertainty. Canadian Journal of Economics/Revue canadienne d'économique, 51(1), 5–40.

Fleurbaey, M., & Zuber, S. (2021). Universal social welfare orderings and risk. Available at SSRN 3876726. 50 р.

Tov W. (2018). Well-being concepts and components. Handbook of subjective well-being (pp. 1-15). Salt Lake City, UT: Noba Scholar.

Antó, J. M., Martí, J. L., Casals, J., Bou-Habib, P., Casal, P., Fleurbaey, M., ... & Williams, A. (2021). The planetary wellbeing initiative: pursuing the sustainable development goals in higher education. Sustainability, 13(6), 3372.

Waddock, S. (2021). Wellbeing economics narratives for a sustainable future. Humanistic Management Journal, 6(2), 151–167.

Kruzslicika, M. (2016). Food Security and Population Welfare in Romania. Agric. Econ. Rural Dev, 13, 79–93.

Pelinescu, E., Iordan, M., & Chilian, M. N. (2021). Digitization and Population Welfare in the New EU Member States. Journal for Economic Forecasting, (4), 59–75.

Vdovyn M., Zomchak L. (2017) Statistical estimation and analysis of foreign trade in EU and Ukraine. Socio-economic potential of cross-border cooperation: international collective monograph. Edited by Semen Matkovskyy, Marek CierpialWolan. Р. 137–143.

Vdovyn M.L., Zomchak L.M., Bondar O.V. (2021) Klasteryzatsiya krayin TSSYE za pokaznykamy ZED [Clustering of the CEE countries according to the indicators of foreign economic activity]. Ekonomika ta suspilʹstvo, 26.

Pryymak V.I., Holubnyk O.R., Borshchuk,YE.M. (2017). Vplyv tinʹovoyi ekonomiky na dobrobut naselennya Ukrayiny [The influence of the shadow economy on the well-being of the population of Ukraine]. Ekonomika ta derzhava, 9, 4–7.

Pro Derzhavnyy byudzhet Ukrayiny na 2021 rik : zakon Ukrayiny vid 09.12.2021 № 1082-IX. Available at: https://zakon.rada.gov.ua/laws/show/1082-20#Text (accessed 18.05.2022)

Official site: State Statistics Service of Ukraine. Available at: http://www.ukrstat.gov.ua (accessed 18.05.2022)

Official site: Ministry of Finance of Ukraine. Available at: https://minfin.com.ua/ua/ (accessed 18.05.2022)

Sotsialnyy zakhyst naselennya Ukrayiny u 2020 rotsi: Stastychnyy zbirnyk / vidp. za vyp. Senyk I.V. Kyiv: Derzhavna sluzhba statystyky Ukrayiny, 2021. 121 s.

Pro zahalnoobovyazkove derzhavne pensiyne strakhuvannya: Zakon Ukrayiny vid 09.07.2003 р. № 1058-IV. Available at: https://zakon.rada.gov.ua/laws/show/1058-15#Text (accessed 19.03.2022)

Natsionaʹni rakhunky osvity Ukrayiny u 2016 rotsi: Statystychnyy zbirnyk / vidp. za vyp. O. O. Karmazina. Kyiv: Derzhavna sluzhba statystyky Ukrayiny, 2018. 105 s.

Natsionalni rakhunky okhorony zdorovya Ukrayiny u 2016 rotsi: Statystychnyy zbirnyk / vidp. za vyp. O. O. Karmazina. Kyiv: Derzhavna sluzhba statystyky Ukrayiny, 2018. 172 s.

Article views: 36
PDF Downloads: 40
Published
2021-05-31
How to Cite
Vdovyn, M., Zomchak, L., & Mishchuk, T. (2021). ANALYSIS OF THE CURRENT STATE OF POPULATION WELFARE IN UKRAINE. Economy and Society, (39). https://doi.org/10.32782/2524-0072/2022-39-77
Section
ECONOMICS