Materialization of the Methodological Approach to Forecasting and Assessing Efficiency of a System for Managing Innovation Factors of Sustainable Development of a Socially Responsible Economy Based on a Modified HDI (MHDI)
Bondar-Pіdhurska O. V.

Bondar-Pіdhurska, Oksana V. (2018) “Materialization of the Methodological Approach to Forecasting and Assessing Efficiency of a System for Managing Innovation Factors of Sustainable Development of a Socially Responsible Economy Based on a Modified HDI (MHDI).” The Problems of Economy 4:43–48.
https://doi.org/10.32983/2222-0712-2018-4-43-48

Section: Economics and national economy management

UDC 330.3:332.111.4

Abstract:
The aim of the article is to improve and materialize a scientific methodological approach to assessing and forecasting efficiency of a system for managing innovation factors of sustainable development of a socially responsible economy (IFSDSRE) based on the Modified Human Development Index (MHDI). The article presents an investigation of the HDI as a controlled parameter and an integral index for assessing efficiency of a system for managing IFSDSRE in view of determining the need for its modification in order to take into account the most significant parameters of the development of innovation activities in the context of sustainable satisfaction of basic needs of the majority of population. The terms “sustainability criterion” and “sustainability margin” of a system for managing IFRSOE are implemented into the economic sphere as markers of social stability. It is noted that a negative value of the sustainability margin indicates the country’s entry into the active phase of a crisis, a long stay in which will lead to a revolutionary situation. Based on an interdisciplinary approach, morphological analysis and index adjustment method, the author improved and materialized the integral index of efficiency of the system for managing IFSDSRE — MHDI. The index is the key regulated parameter of a system for managing IFSDSRE, which, along with the indices used in the generally accepted UN’s methodology for calculating the HDI, takes into account environmental, social, economic parameters of the subsystem of the system for managing IFSDSRE, in particular, the parameter of inequality in society. Thus it improves the HDI, presents a complex assessment of its efficiency as a dynamic system based on the criteria of sustainability, optimality, efficiency and is the basis for making management decisions on the implementation of measures aimed at increasing the level of satisfaction of the basic needs of population.

Keywords: Modified Human Development Index, assessment method, efficiency, innovation factors, people-centered development of the economy, management system, basic needs of population.

Formulae: 7. Bibl.: 12.

Bondar-Pіdhurska Oksana V. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Management, Poltava University of Economics and Trade (3 Kovalia Str., Poltava, 36014, Ukraine)
Email: Bondarpodgurskaa@gmail.com

List of references in article

Liudskyi rozvytok rehioniv Ukrainy: analiz ta prohnoz [Human Development of the Regions of Ukraine: Analysis and Forecast]. Kyiv: IDSD NAN Ukrainy, 2007.
Vestnik Pridnestrovskogo respublikanskogo banka : inform.-analit. izd. [Bulletin of the Transnistrian Republican Bank: information and analytical publication], no. 12. Tiraspol: PRB, 2012.
Bondar-Pidhurska, O. V. Naukovo-metodolohichni zasady staloho innovatsiinoho sotsialno oriientovanoho rozvytku ekonomiky [Scientific and methodological principles of sustainable innovation socially oriented development of the economy]. Poltava: RVV PUET, 2016.
Borushko, A. P. O natsionalnoy ideye [About the national idea]. Minsk: Tekhnoprint, 2004.
Bondar-Pidhurska, O. V. “Naukovo-metodychnyi pidkhid do prohnozuvannia ta otsinky efektyvnosti systemy upravlinnia stalym innovatsiinym sotsialno oriientovanym rozvytkom ekonomiky na osnovi modernizovanoho indeksu liudskoho rozvytku“ [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]. Problemy ekonomiky, no. 4 (2015): 99-107.
Halushka, Z. I. Sotsializatsiia transformatsiinoi ekonomiky: osoblyvosti, problemy, priorytety [Socialization of the transformational economy: peculiarities, problems, priorities]. Chernivtsi: ChNU, 2009.
Heiets, V. M. “Yake maibutnie u sotsialnoi derzhavy?“ [What is the future of a social state?]. Ekonomika Ukrainy, no. 7 (2013): 4-20.
Nikitenko, P. G., Kulakov, G. T., and Bondar, O. V. “Metodologiya dinamicheskogo prognozirovaniya sotsialno-ekonomicheskogo razvitiya gosudarstva s uchetom posledstviy mirovogo finansovo-ekonomicheskogo krizisa“ [Methodology of dynamic forecasting of the socio-economic development of the state, taking into account the effects of the global financial and economic crisis]. Problemy innovatsionnogo razvitiya i kreativnaya ekonomicheskaya mysl na rubezhe vekov: A. K. Shtorkh, S. Yu. Vite, A. A. Bogdanov. Minsk, 2010. 279-285.
Sen, A. “Collective choice and social welfare“. Esonomica, vol. 40, no. 159 (1973): 214-259.
Kryzhanovskiy, K. S. Kvadratura kruga. Resheniya [The square of the circle. Solutions]. Kyiv: Stal, 2013.
Antonova, N. B. Gosudarstvennoye regulirovaniye ekonomiki [State regulation of the economy]. Minsk: Akademiya upravleniya pri Prezidente Respubliki Belarus, 2002.
“Dopovid OON pro liudskyi rozvytok 2016 roku“ [UN Human Development Report 2016]. http://www.ua.undp.org/content/ukraine/uk/home/library/annual-reports/human-development-report-2016.html