STUDY OF INDICATORS OF THE LEVEL OF DEVELOPMENT OF MATERIAL WELL-BEING OF THE POPULATION, THE PROBLEM OF INEQUALITY AND POVERTY IN UKRAINE IN THE CONTEXT OF STATISTICAL EVALUATION

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  Oleksandr Cherep

  Valentyna Helman

  Еvgeniya Makazan

Abstract

The wealth gap between rich and poor countries, which is growing, causes poor countries to be pushed to the margins of the world economy, the growth of unemployment in them, and the impoverishment of the population. The income inequality that exists in Ukraine has negative economic and social consequences. Currently, there is a need to use statistical analysis to study the dynamics of indicators of the level of well-being of the population, the problems of inequality and poverty in Ukraine in the context of the performance by the state of its functions as a subject of social policy in the face of modern challenges and risks. The purpose of this article is to study inequality, assess the extent and trends of this phenomenon in Ukraine, determine the relationship between economic development and socio-economic inequality and develop proposals to reduce it. The dynamics and structure of the main indicators of the level of development of material well-being of the population in the context of statistical evaluation for the period 2000-2020 were analyzed. To analyze the dynamics of the Gini coefficient in Ukraine, the quintile coefficient of differentiation of aggregate income of the population and the quintile coefficient of funds (by aggregate income), the average annual growth/decline in the indexes of physical volume of GDP, real wages, employment and the number of unemployed population, the dynamics of the share of spending on social protection and social welfare in the structure of total budget expenditure and in the GDP of the country. An in-depth statistical analysis of the relationship between average monthly disposable income and the number of people with an average per capita equivalent gross monthly income below the legal subsistence minimum was conducted. In developing the state targeted social program to overcome and prevent poverty in Ukraine, the focus is on ensuring economic growth, stimulating employment and others, increasing money incomes, conducting anti-inflationary policies, investments and targeted assistance for the economic development of certain sectors of the economy.

How to Cite

Cherep, O., Helman, V., & MakazanЕ. (2022). STUDY OF INDICATORS OF THE LEVEL OF DEVELOPMENT OF MATERIAL WELL-BEING OF THE POPULATION, THE PROBLEM OF INEQUALITY AND POVERTY IN UKRAINE IN THE CONTEXT OF STATISTICAL EVALUATION. Baltic Journal of Economic Studies, 8(2), 162-172. https://doi.org/10.30525/2256-0742/2022-8-2-162-172
Article views: 157 | PDF Downloads: 60

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Keywords

inequality, poverty, Gini coefficient, income and expenditure of the population, social protection, low-income family, living wage, real wages

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