Holistic approach to managing socially secure development of a regional socio-economic system

Abstract

This paper considers the matters of regional governance and how it can be improved in social and economic aspects to ensure that people have a socially secure life. The insights highlighted here have been aggregated through a holistic research study that includes a theoretical framework and methodological results with regard to the posed problem and determines the goal setting. We clarified the concept of the socially secure development of a regional socio-economic system and elaborated a methodology for quantifying the state of human resources when the socially secure development of a regional socio-economic system is managed. We present an economic and mathematical description of a management model that ensures socially secure development of a regional socio-economic system, and developed and tested an algorithm for managing the development of a regional socio-economic system based on the proposed tools. In this study, we used general scientific methods, as well as economic and mathematical methods, including regression analysis. To quantify the unstructured information, we applied artificial intelligence technologies. The results of the study were tested on the case study of St. Petersburg, the federal city of the Russian Federation. In particular, we proved that the construction of a logistics hub as a major infrastructure project would influence the core of the social security of this region in the near future.

Keywords

• management
• regional socio-economic system
• social security
• human resources