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The Global Measure of the Social Economy Models Development
Simakhova A. О.

Simakhova, Anastasiia О. (2020) “The Global Measure of the Social Economy Models Development.” Business Inform 3:33–39.
https://doi.org/10.32983/2222-4459-2020-3-33-39

Section: Globalization Processes in the Economy

UDC 330.101.22

Abstract:
The article is aimed at defining the global measure of the development of models of social economy of the world countries. The objectives of the article are: consider global social indices; analyze the place of different world countries according to global social indices; define the global measure of the development of social economy models based on both the global and the local social indicators; characterize the models of social economy according to indicators of social development. The author takes in view the main global social indicators (Human Development Index, Social Progress Index, Economic Freedom Index, Global Seniors Welfare Index, Happy Planet Index) and the place of 45 world countries, which are different in terms of types of economic development and models of social economy according to these indicators. Based on the analysis of sub-indexes of global social indicators, the impact of the world’s social economies in the global measure of well-being, ensuring personal opportunities of individual for self-employment, self-fulfillment, opening and doing business, along with the legal and ecological development of the country, is comprehensively assessed. As a result of the study, the main global and local social indicators are grouped by the models of social economy: transitive, liberal, continental, Mediterranean and Scandinavian. This thorough approach provides an opportunity to comprehensively assess the impact of the world’s social economic models at both the national and global levels. Prospect for further research in this direction is to improve the existing instrumentarium of social economic models in the global measure.

Keywords: social economy, model, global social indices, local social indicators, globalization, global measure.

Fig.: 1. Tabl.: 2. Bibl.: 20.

Simakhova Anastasiia О. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economics, National Aviation University (1 Lubomyra Husara Ave., Kyiv, 03680, Ukraine)
Email: [email protected]

List of references in article

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Stukalo, N., and Simakhova, A. “Social Dimensions of Green Economy“. Filosofija. Sociologija, vol. 30, no. 2 (2019): 91-99. DOI: https://doi.org/10.6001/fil-soc.v30i2.4015
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Simakhova, A. O. “Faktorna model sotsialnoho rozvytku Bilorusi“ [Factor Model of Social Development of Belarus]. Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu, no. 2 (2019): 81-90.
Simakhova, A. O. “Skandynavska model sotsialnoi ekonomiky u hlobalnykh koordynatakh“ [Scandinavian Model of Social Economy in Global Coordinates]. Visnyk Volynskoho instytutu ekonomiky ta menedzhmentu, no. 23 (2019): 153-160.

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