SOCIAL SECURITY AS THE COMPONENT OF ECONOMIC SECURITY: ESTIMATION TECHNIQUE
SOCIAL SECURITY AS THE COMPONENT OF ECONOMIC SECURITY: ESTIMATION TECHNIQUE

Summary/Abstract: Social Security is a key position in ensuring proper of functioning of any society. It is an essential component of sustainable existence and development of social structure. It helps to create the conditions for a high quality of life for all members of society, ensuring their rights and freedoms. The need for the study of social security as a system of assessments of challenges and threats that can destabilize the social sphere is up to date. The paper considers economic-mathematical survey of a social component of the economic security. Scientific novelty is characterized by the conceptual approach to the assessing and modeling of social security at the level of regions (case of Ukraine). Econometric model is proposed to estimate the social security impact on the economic growth. The practical significance of the study is in the fact that on the basis of the results the social situation can be analyzed and forecasted in the country, such predictions can help to prevent the appearance of threats to the social security of the state. Using the proposed methodology for social security assessing it is possible to make necessary measures on time and correctly develop a mechanism for providing strong social security.

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