Virtual Economics (Apr 2019)

Standards of living in Ukraine, Georgia, and Poland: identification and strategic planning

  • Yurii Kharazishvili,
  • Olena Grishnova,
  • Bozena Kaminska

DOI
https://doi.org/10.34021/ve.2019.02.02(1)
Journal volume & issue
Vol. 2, no. 2
pp. 7 – 36

Abstract

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The article determines the list of indicators of the standard of living of the population as a component of social security, including shadow indicators without which the assessment of living standards is inadequate in reality. The authors substantiate the limits of safe existence through the definition of the vector of the indicators’ threshold values. The paper identified the current state of the standards of living in Ukraine, Georgia and Poland through the integrated assessment from the standpoint of security, as well as outlined the most important threats. The researchers also scientifically substantiated the strategic benchmarks for the indicators of the standards of living considering three development scenarios that provide the fulfilment of the established sustainable development goals by means of adaptive regulation methods available in the control theory.

Keywords