CURRENT STATE AND TRENDS OF THE NATIONAL ECONOMY OF SOCIAL CAPITAL DEVELOPMENT OF UKRAINE

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Dec 28, 2020

  Yurii Malakhovskyi

  Ali Kanso

Abstract

The purpose of the publication is to summarize the practice of quantitative assessment of the current state and trends in the change of social capital of national economy (SCNE) of Ukraine on the basis of the use of the index system, which comprehensively take into account numerous aspects of its functioning as a basic factor in ensuring stable competitiveness of the national economy (NE), high level of human development, key conditions for prosperity and well-being of all segments of the population. The results of the benchmarking of indices and analysis of the actual level of SCNE are based on data about the factors of current level of the national economy’s formation for individual countries in the process of ensuring in the strategic perspective the UN Sustainable Development Goals – Measuring Social Capital (SC) for Sustainable Development Goals (SDG). For SCNE of Ukraine is inherent in the simultaneous deep commitment of the domestic community to the values of survival (at the level of Russia, Moldova, Romania, Albania, Bulgaria) in combination with a high level of confession of secular rational values (at the level of Lithuania, South Korea, the Czech Republic, Germany, Denmark). Based on the above data, Ukraine has a low level of direct interpersonal social trust (the level of distrust/caution in relations practically exceeds it three times) combined with a low level of trust in political institutions. The necessary information for the assessment of the environment and the general level of development of SCNE of Ukraine is contained in the already mentioned international indices, which in their aggregate comprehensively characterize the subject of our research.

How to Cite

Malakhovskyi, Y., & Kanso, A. (2020). CURRENT STATE AND TRENDS OF THE NATIONAL ECONOMY OF SOCIAL CAPITAL DEVELOPMENT OF UKRAINE. Three Seas Economic Journal, 1(4), 77-83. https://doi.org/10.30525/2661-5150/2020-4-11
Article views: 177 | PDF Downloads: 184

##plugins.themes.bootstrap3.article.details##

Keywords

social capital of national economy, structural, relational and cognitive components of social capital, state and tendencies of change

References

Arsawan, I.W.E., Koval, V., Rajiani, I., Rustiarini, N.W., Supartha, W.G. & Suryantini, N.P.S. (2020). Leveraging knowledge sharing and innovation culture into SMEs sustainable competitive advantage. International Journal of Productivity and Performance Management. doi: https://doi.org/10.1108/IJPPM-04-2020-0192

Baklanova, O., Petrova, M., & Koval, V. (2020). Institutional Transmission in Economic Development. Ikonomicheski Izsledvania, 29(1), 68–91.

Bukanov H., Kolesnyk A., Tashkinova O., Kotlubai V., Koval V. (2019). Social marketing in public administration of social service institutions. Revista Genero & Direito, 8 (6), 457–468.

Carillo Alvarez, E., & Riera-Romani, J. (2017). Measuring social capital: futher insights. Gaceta Sanitaria, 31, 57–61.

Corruption Perception Index. (2019). Transparency International. Available at: https://www.transparency.org/en/cpi/2019/results/ukr (accessed: 09.11.2020)

Enabling Environment Index. A Civicus initiative. (2013). The EEI. Available at: https://www.civicus.org

Global Competitiveness Index 4.0. (2018). World Economic Forum. Available at: https://reports.weforum.org

Global Peace Index. Measuring peace in a complex world. (2019). Institute for Economics Peace. Available at: http://visionofhumanity.org

Gross National Income per capita. Atlas method and Purchasing power parity (international $). (2019). The World Bank. Available at: https://databank.worldbank.org/data/

Helliwell, J.F., Layard R., & Sachs J.D. (2019) World Happiness Report. Available at: https://s3.amazonaws.com

Human Development Reports. (2019). United Nations Development Programme. Human Development Index Ranking. Available at: http://hdr.undp.org/en/content/2019-human-development-index-ranking (accessed: 02.11.2020)

Inglehart, R., Haerpfer, C., Moreno, A., Welzel, C., Kizilova, K., Diez-Medrano, J., Lagos, M., Norris, P., Ponarin, E. & Puranen, B. et al. (eds.). (2018). World Values Survey: Round Six – Country-Pooled Datafile. Madrid, Spain & Vienna, Austria: JD Systems Institute & WVSA Secretariat. doi: https://doi.org/10.14281/18241.8

Kanso, A. (2019). Organizational and economic mechanism of regulation of social capital of the national economy. Black Sea Economic Studies, 43, 195–200.

Koval, V., Prymush, Y., & Popova, V. (2017). The influence of the enterprise life cycle on the efficiency of investment. Baltic Journal of Economic Studies, 3(5), 183–187. doi: https://doi.org/10.30525/2256-0742/2017-3-5-183-187

Moody’s Investors Service. (2020). Ratings Symbols and Definitions. Available at: https://www.moodys.com/sites/ products

Nahapiet. J., Ghoshal. S. (1998). Social capital, intellectual capital, and the organizational advantage. Academy of Management Review, Vol. 23, no. 2: 242–266. doi: https://doi.org/10.2307/259373 (accessed: 25.11.2020)

Petrova, M., Koval, V., Tepavicharova, M., Zerkal, A., Radchenko, A., & Bondarchuk, N. (2020). The interaction between the human resources motivation and the commitment to the organization. Journal of Security and Sustainability Issues, 9(3), 897–907. doi: https://doi.org/10.9770/jssi.2020.9.3(15)

Pichler, F., & Wallace, C. (2007). Patterns of Formal and Informal Social Capital in Europe. European Sociological Review, Vol. 23, Issue 4: 423–435. doi: 10.1093/esr/jcm013 (accessed: 01.12.2020)

Rui, J.R., Covert, J.M., Stefanone, M.A., & Mukherjee, T. (2014). A Communication Multiplexity Approach to Social Capital: On- and Offline Communication and Self-Esteem. Social Science Computer Review, 33(4).

Standard & Poor’s Ratings Services. (2020). McGraw Hill Financial. Available at: http://www.maalot.co.il/publications

Sustainable Development Goals. Sustainable Development Knowledge Platform. unescap.org. Available at: https://https://www.unescap.org/2030-agenda/sustainable-development-knowledge-platforms0 (accessed: 28.11.2020)

The Global Sustainable Competitiveness Index (2020). Solubility. Available at: http://solability.com/solubility/sustainability-publications/the-global-sustainable-competitiveness-index-2 (accessed: 24.11.2020)

The Legatum Prosperity Index (2019). Legatum Institute. Available at: https://prosperitysite.s3-accelerate.amazonaws.com/1515/8634/9128/The_Legatum_Prosperity_Index_2019_Rankings_Table.pdf (accessed: 06.11.2020)

The SDG Index (2019). Sustainable Development Solution Network Bertelsmann Stiftung. Available at: https://s3.amazonaws.com

Villalonga-Olives, E., Adams, I., & Kawachi, I. (2016). The development of a bridging social capital questionnaire for use in population health research. Population Health, Vol. 2. doi: https://doi.org/10.1016/j.ssmph.2016.08.008

World Factbook (2018). Central Intelligence Agency. Available at: https://www.cia.gov/library/publications/ download/download-2018/index.html

World giving Index 10th edition (2019). Charities Aid Foundation. Available at: https://www.cafonline.org/about-us/publications