The article describes labour activity as a factor of economic and emotional well-being of the population. It gives some methods of assessing the well-being of the population and covers the issue of employment at the state level as well as at the individual level. The author introduces classification of the population according to the relationship to work and analyses job satisfaction of the Russian population. Finally, the methods of increasing the employment productivity and professional selfdetermination of the population are suggested.
The article discusses the impact of the level of monopolization of markets on the sustainability of economic development and, above all, on the development of inflationary processes in terms of the reproduction approach in the global economy. The purpose of the article is to show the key role of monopolism in the genesis of inflation and its negative impact on the sustainability of economic development. The article uses a reproductive approach to the analysis of economic phenomena and processes. Using dialectical materialistic and concrete historical methods, it is shown how monopolism contributes to the development of inflation at all stages of the reproductive process. So, in Russia throughout the entire period of reforms, with the exception of individual years, the producer price index of industrial products grew faster than the consumer price index, and prices in more monopolized industries grew much faster than in less monopolized ones, which confirms the important the role of monopolies in the unwinding of the inflationary process.
Research background: Inflation and redistributive processes are the main permanent threats to economic stability in the modern world and these processes are closely interconnected. Inflation is a powerful tool for redistributing national income, both consciously used by economic entities and generated within the economic system. Purpose of the article: To demonstrate the variety of mechanisms that connects inflation and redistributive processes in the modern economy. Methods: The dialectical-materialistic and concrete-historical method forms the methodological basis of research. The empirical basis of analysis is formed by statistical materials and specific economic and statistical studies. Findings & Value added: Monopoly power in all its manifestations is the first and key mechanism for redistributing social income through inflation processes. The dollar’s monopoly position in international settlements has long been one of the factors of global inflation processes and redistribution of the global public product in favor of the United States in the global economy. The highest degree of monopolization of Russian market is the main generator of Russian inflation and the reason of the disproportionate development of Russian economy. The state has the largest number of redistributive levers and quite often acts as a voluntary or involuntary initiator of inflation and redistribution processes. Inflationary expectations make a significant contribution to the formation of inflationary potential in the face of low confidence in the authorities, lack of information, political monopolism, and economic instability. This is manifested in advance overpricing for traded goods and services, interest rates, etc., which, in turn, may strengthen redistribution processes, especially in the context of monopolistic pricing.
Given the low rates of economic growth in Russia and the aggravation of the geopolitical situation, the question of the prospects for its stimulation with fiscal and monetary policy tools is of particular relevance. The main priority of the economic policy is to ensure financial stability and prevent destabilization, taking into account the volatility of hydrocarbons prices and the geopolitical tensions. The article uses dialectical materialistic and concrete historical methods to protect that the current economic policies should be focused on sustainable economic growth. It is necessary to form a new strategy of monetary regulation and budget policy that would contribute to the sustainable development of the Russian economy and ensure the economic security of the country. In the perspective of maintaining sustainable economic growth, it is important to solve the problem of equitable distribution, expressed in a strong stratification of society and the violation of social stability, the implementation of economic policy at the level of macroeconomic planning; it is advisable for the Central Bank to follow the link between the possible range of inflation and economic growth; to stimulate consumer and investment demand by reducing interest rates, to form money supply not due to linking gold and foreign currency reserves, but under the issue of securities, to increase budget expenditures and increase public debt for the sake of investment in education and health care.
Currently, a difficult stage of institutionalization of self-employment in the Russian economy is taking place. The authors conducted a study of the ways of legalizing the self-employed in conditions of the development of digital technologies and assessed its role in innovative development. Self-employment, according to the authors, acts as a way of adaptation of employed and unemployed to changing socio-technical systems in the labor market. Using historical, statistical and regulatory analysis, the authors investigated the problem of determining self-employment and ways to legalize it in Russia and other countries. The article explores the relationship between its distribution and innovative development by means of the analysis of legislation regulating self-employment in different countries. Using the analysis of official statistics, the article reveals a tendency towards an increase in the number of citizens wishing to legalize their self-employment status. The article studies the legislative pilot related to the legalization of self-employment in Russia, assesses the prospects for the expansion of this pilot in terms of the appropriateness of the proposed measures. According to the professional structure, based on statistical data and expert estimates, a low proportion of people receiving professional income from intellectual work was identified and the causes of this phenomenon were determined.
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