ECONOMY OF EQUAL OPPORTUNITIES: DREAM OR NECESSITY

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Published: May 28, 2021

  Iryna Berezhna

  Olena Grishnova

  Ekaterina Mikhurinskaia

  Artem Berezhnoy

Abstract

The purpose of the paper is a systematic approach to both, the relationship between economic growth, development inclusiveness, competitiveness, and the formulation of social and economic policies in the context of inclusive development, becomes an important task. The article justifies the need for creating prerequisites for inclusive growth through a radical change in public and political governance systems. It is necessary to create an inclusive infrastructure that ensures equitable access to public goods: health, education, transportation, access to information, communication, justice, security, environmental sustainability. The relevance of the study of inclusive growth is due to the aggravation of problems associated with a decrease in the pace of economic development, social tensions in society, international conflicts, as well as consequences of the global cyclical crisis. The current economic crisis is structural and is associated with a change of technological paradigm, which involves the transformation of economic resources from the sphere of low productivity to the sphere of high productivity. The analytical base of the study is the country rankings by economic development, human development, quality and satisfaction with life, the level of openness of the society, which are represented by international organizations and agencies. Based on a systematic approach methodology, the relationship between economic growth, development inclusiveness and competitiveness has been identified, which has made it possible to justify the need to transform the model of economic development with regard to the role of the person in the sixth technological K-wave. The results of such a study will justify proposals in terms of an inclusive growth model that complexly reflects the relationships between production, circulation, consumption and accumulation, between income, expenditure and final demand, between savings and investment, etc. It has been proven that the goals of inclusive growth are achieved through a high level of civic identity, enhanced partnerships, interregional relationships and social integration.

How to Cite

Berezhna, I., Grishnova, O., Mikhurinskaia, E., & Berezhnoy, A. (2021). ECONOMY OF EQUAL OPPORTUNITIES: DREAM OR NECESSITY. Economics & Education, 6(1), 6-14. https://doi.org/10.30525/2500-946X/2021-1-1
Article views: 282 | PDF Downloads: 278

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Keywords

Inclusive growth, economy of equal opportunities, human development, human capital, economic crisis, change of technological paradigm

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