Social results and factors of economic growth (theoretical and practical questions)

Abstract

The social impact of economic growth is analyzed; it is emphasized that such growth may exacerbate social inequalities. Four major economic systems that define the quality of economic growth - industrial, technical, financial, institutional and social - are reviewed. The outcome of social development of the Russian economy since the early 1990s up to 2010 is analyzed, patterns of social sectors functioning of the national economy are identified. A method of analysis of social structure and social efficiency, in which the social system is divided into sectors - education, health, etc. - is proposed. The analysis of social investments effectiveness by the example of health care is made. In this analysis, performance criteria for health and safety features dynamic of health agent are studied. The economic system of social agents is divided into groups according to the ratio of health care. Finally, the level of spending on health interventions is calculated; this is how levels of social well-being of the social system are measured.