INTERDEPENDENCE OF ECONOMIC SECURITY AND THE LIFE STANDARD OF THE POPULATION: THEORETICAL PERSPECTIVE
The article analyzes the dependence of the living standard of the population in the countries on the level of economic security that is currently provided in these countries. The relevance of the study is due to the theoretical and practical value of raising the living standard of the population for the prosperity and welfare of people, and occurrence in the theory of economic security trends to considering raising the level of population living standard as a way of ensuring economic security, which is contradict to the basic provisions of the economic security theory. A model of interdependence level of economic security and living standards of the population was developed on the basis of statistical data analysis on major economic indexes of different countries. The analysis of the dependence of the population’s living standard on the level of economic security for individual countries in the main regions of the world is carried out. It is established that there is a direct correlation between these indicators, which is approaching a direct relationship with the increase in the level of economic development of countries. An empirical coefficient reflecting the studied dependence is suggested for use, and based on calculations and analysis of statistical data from individual states, its approximate constant value is calculated for the current time, taking into account existing socio-economic conditions.
Keywords:economic security, economic well-being, economic prosperity, living standard of the population, global competitiveness, human development index, developed economy, developing economy, theory of economic security, economic policy of the state.
Highlights:
♦ the question on the dependence of the population’s living standard on the level of economic security is analyzed;
♦ a comparative analysis of the interdependence of these indicators for individual countries is carried out;
♦ the type of existing dependence is established and the assumption is made about the factors affecting this dependence.
Nadezhda Yu. Blinichkina, Candidate of Economics, Tajikistan State University of Law, Business & Politics, Khujand, Republic of Tajikistan.