Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development Index

The aim of the article is the development and materialization of techniques for forecasting and evaluating the efficiency of the system for managing sustainable innovative socially oriented economic development based on a modernized human development index (HDI). The HDI is studied as an integral in...

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Main Author: Bondar-Podhurskaya Oksana V.
Format: Article
Language:English
Published: PH "INZHEK" 2015-11-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2015-4_0-pages-99_107.pdf
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spelling doaj-996a3753f6504ec78ba9aab5cc3cfc1d2020-11-24T22:26:11ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862015-11-01499107Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development IndexBondar-Podhurskaya Oksana V.0Candidate of Sciences (Economics), Associate Professor, Department of Business Administration and International Management, Poltava University of Economics and TradeThe aim of the article is the development and materialization of techniques for forecasting and evaluating the efficiency of the system for managing sustainable innovative socially oriented economic development based on a modernized human development index (HDI). The HDI is studied as an integral indicator for evaluating the efficiency of the system for managing sustainable innovative socially oriented economic development in terms of its modernization with the purpose of considering the most powerful factors in the development of innovative activity in the context of sustainable satisfaction of the vital interests (VI) of the socium, society, or state. The terms «sustainability criteria» and «stability reserve» of the system for managing sustainable innovative socially oriented economic development, which serve signal values for evaluating the social stability, have been suggested. It is emphasized that the negative value of stability reserve indicates the country’s entering the active phase of a political, financial and economic crisis, long stay in which will inevitably lead to a revolutionary situation. It is for the first time that the author on the basis of a multidisciplinary approach, morphological analysis and the method of adjustment indices has developed a modernized human development index, which, unlike the conventional HDI, takes into account environmental, social and economic components of subsystems of the system for managing sustainable innovative socially oriented economic development. It makes for a complex evaluation of its efficiency as a dynamic system based on criteria of performance, optimality and sustainability, and also acts as the basis for making managerial decisions as to implementing the measures to improve the level of satisfying the vital interests of socium, society and state.http://www.problecon.com/export_pdf/problems-of-economy-2015-4_0-pages-99_107.pdfhuman development indexevaluation methodologyefficiencysustainable innovative socially oriented developmentmanagement system
collection DOAJ
language English
format Article
sources DOAJ
author Bondar-Podhurskaya Oksana V.
spellingShingle Bondar-Podhurskaya Oksana V.
Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development Index
Problemi Ekonomiki
human development index
evaluation methodology
efficiency
sustainable innovative socially oriented development
management system
author_facet Bondar-Podhurskaya Oksana V.
author_sort Bondar-Podhurskaya Oksana V.
title Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development Index
title_short Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development Index
title_full Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development Index
title_fullStr Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development Index
title_full_unstemmed Scientific and Methodical Approach to Forecasting and Evaluating the Efficiency of the System for Managing Sustainable Innovative Socially Oriented Economic Development Based on a Modernized Human Development Index
title_sort scientific and methodical approach to forecasting and evaluating the efficiency of the system for managing sustainable innovative socially oriented economic development based on a modernized human development index
publisher PH "INZHEK"
series Problemi Ekonomiki
issn 2222-0712
2311-1186
publishDate 2015-11-01
description The aim of the article is the development and materialization of techniques for forecasting and evaluating the efficiency of the system for managing sustainable innovative socially oriented economic development based on a modernized human development index (HDI). The HDI is studied as an integral indicator for evaluating the efficiency of the system for managing sustainable innovative socially oriented economic development in terms of its modernization with the purpose of considering the most powerful factors in the development of innovative activity in the context of sustainable satisfaction of the vital interests (VI) of the socium, society, or state. The terms «sustainability criteria» and «stability reserve» of the system for managing sustainable innovative socially oriented economic development, which serve signal values for evaluating the social stability, have been suggested. It is emphasized that the negative value of stability reserve indicates the country’s entering the active phase of a political, financial and economic crisis, long stay in which will inevitably lead to a revolutionary situation. It is for the first time that the author on the basis of a multidisciplinary approach, morphological analysis and the method of adjustment indices has developed a modernized human development index, which, unlike the conventional HDI, takes into account environmental, social and economic components of subsystems of the system for managing sustainable innovative socially oriented economic development. It makes for a complex evaluation of its efficiency as a dynamic system based on criteria of performance, optimality and sustainability, and also acts as the basis for making managerial decisions as to implementing the measures to improve the level of satisfying the vital interests of socium, society and state.
topic human development index
evaluation methodology
efficiency
sustainable innovative socially oriented development
management system
url http://www.problecon.com/export_pdf/problems-of-economy-2015-4_0-pages-99_107.pdf
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