SOCIAL DIVERGENCE OF ECONOMIC DEVELOPMENT: GLOBAL TRENDS AND EVALUATION
Journal Title: Сталий розвиток економіки - Year 2016, Vol 32, Issue 3
Abstract
Purpose. The aim of the article is to identify modern tendencies of social divergence of global economic development and confirmation or refutation of the hypothesis about the existence of social divergence / convergence. Methodology of research. The following methods of scientific knowledge were used during the research process: dialectical, induction and deduction; analysis, synthesis and comparison – in assessing trends of social divergence of global development; econometric methods, including correlation and regression analysis – to assess the social divergence of global economic development; abstract and logical – to formulate hypotheses and conclusions; tabular and visual (graphic) methods – for visual presentation of research results. Findings. It was established risks of the global economy. The basic determinants of social divergence of global economic development are substantiated. The modern demographic trends and the state of unemployment in the world are analyzed. The anti-crisis measures to equalize the situation on the global labor market are proposed. Differences in wage levels between countries are determined. Particular attention is paid to the issues of labor migration and attracting funds of labor migrants into the national economy. The impact of militarization of the economy to social divergence of global economic development is argued. A hypothesis about the existence of social convergence / divergence of global economic development is put forward and its assessment is conducted. Originality. The determinants of social divergence of global economic development that deepen social inequality are revealed. A hypothesis about the existence of social convergence / divergence of global economic development that is confirmed by calculations sigma and beta convergence for the countries of the world, and trends of transition of the countries between groups of social convergence are identified. Practical value. The obtained results of research can be used in further research of social divergence of global development and the development of measures to reduce the divergence between countries.
Authors and Affiliations
Iryna Ivashchuk, Liudmyla Herman
Keywords
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