Problemi Ekonomiki (Feb 2016)
Conceptual Approaches to Management of Social and Economic Systems under Conditions of Uncertainty and Risk
Abstract
Conceptual approaches to management of economic and social systems under conditions of uncertainty and risk have been studied. Under such conditions it is proposed using complementary criteria of evaluation and management, in particular, profitability criteria, compliance with progressive standards, support of the lifecycle relevance, adequacy of the functioning of national economy constituent elements, etc. In the face of uncertainty and risk it is suggested to perform management of the national economy on the basis of a unified model, which simultaneously describes both main relationships between basic agents of the economy and basic reproductive processes inherent to them. There has been presented an algorithm for selecting a strategy of management of the national economy based on the system of interconnected budgets and corresponding to it system of macroeconomic aggregates, in which a propensity to consume/save serves as the object of regulation. Within the proposed model there have been studied processes of reproduction of the economy of Ukraine and its successful Eastern European neighboring countries (Poland, Romania, Slovakia), which can be a model to emulate.
