The Social Economy: Essence, Principles, Functions, and Basic Guidelines for Ukraine

• Main Authors: Нoncharova Svitlana Yu., Honcharov Andrіi B., Agramakova Natalia V.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-03-01
• Series: Bìznes Inform
• Subjects: social economy; socialization of economy; principles of social economy; functions of social economy; guidelines for socialization of economy
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-21_26.pdf

The article is aimed at the theoretical-practical elaboration of scientific approaches of the concept of social economy and research on this basis of its principles, functions, and guides in modern society. The article is concerned with theoretical questions and practical aspects of development of conception of socialization of economy. The basic approaches to definition of the notion of «social economy» are researched. The main socio-economic indices of Ukraine’s development were analyzed, the dynamics of which allowed to identify a deep socio-economic crisis, stratification of society, increase of unemployment rate, depreciation of population incomes, increasing level of social tension in the society, etc. The necessity of research on social economy as a mechanism capable to gradually settle and solve the mentioned socio-economic problems is substantiated. The principles of social economy which create conditions for its effective functioning are defined and specified. The functions of social economy are generalized, among which supportive, stimulating, integrative, innovative, distributive, protective, and compensatory. The guidelines for development of social economy in Ukraine are defined.