Evaluation of social and economic insecurity risks for employees during structural transformations in the modern labor market

Novikova, Olga; Шамілева, Л. Л.

doi:10.21511/slrtp.10(1).2020.01

Cited by 9 publications

(3 citation statements)

References 5 publications

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“…Based on the fact that social risks in the labour sphere emerge and occur within a limited time (from six months to a year) during the coronavirus crisis, and the consequences may appear either at the time of the risk occurrence or with a certain delay (one or two years in a row), then the use of these two approaches is quite problematic. Given the above limitations, the methodology for quantitative assessment of social risks in the labour sphere under quarantine should be developed taking into account the basic principles of the European System of Social Indicators (ESSI) (Saienko, 2004;Novikova et al, 2020;Sydorchuk, 2018). They are determined in the coordinates of identity, inequality, consolidation, conflict, and based on the use of the most objective databases available at the time of the study.…”

Section: Methodsmentioning

confidence: 99%

Socio-Economic Risk Assessment and Peril Analysis in the Context of the COVID-19 Pandemic and Emergencies

Novikova

Хандій

Шамілева

2021

EJSD

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The article proposes a methodology for assessing socio-economic risks and analysing perils in the context of the COVID-19 pandemic and emergencies, and presents the results of its testing. The methodology allows assessing changes in labour risks by possible values of internal indicators. This makes it possible to develop scenario approaches in case of a change in quarantine restrictions or their lifting. Testing of the developed methodology for assessing socio-economic risks and analysing perils caused by the impact of the COVID-19 pandemic on the domestic labour market and employment is based on determining changes in economic conditions of risk emergence and occurrence, direct employment risks, and assessment of socio-economic consequences of risks in case of strict quarantine measures during the 2nd quarter of 2020. A feature of the proposed scientific and methodological support for assessing socio-economic risks and analysing perils in the context of the COVID-19 pandemic is taking into account the basic principles of the European system of social indicators using quantitative methods of assessing social risks in the workplace. The practical significance of the obtained results is that the introduction of the developed scientific and methodological support, and practical recommendations will promote the development of preventive measures to deal with socio-economic risks and perils in the domestic labor market and employment, to improve social protection during the COVID-19 pandemic, and to prioritise the government measures based on the risk ranking according to the occurrence, and the impact probability.

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Section: Methodsmentioning

confidence: 99%

Socio-Economic Risk Assessment and Peril Analysis in the Context of the COVID-19 Pandemic and Emergencies

Novikova

Хандій

Шамілева

2021

EJSD

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“…The generalization of the negative consequences of the impact of the international financial crisis and quarantine measures on the sphere of social and labor relations can be determined on the basis of a quantitative assessment of social risks. The comparative assessment of labor risks in Ukraine and the EU countries is based on the construction of indexes of change in the respective risks, which correspond to the basic principles of building the European System of Social Indicators (ESSI) (Novikova et al 2020;Saienko 2004;Sydorchuk 2018). The main starting points for determining the relevant risks are as follows:…”

Section: Methodsmentioning

confidence: 99%

Comparative Analysis of the Changes of Socioeconomic Risks Caused by the COVID-19 pandemic in Ukraine and the EU Countries

Novikova¹,

Хандій²,

Шамілева³

2021

EJSD

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The unwillingness of the health care system of different countries to counteract the spread of the COVID-19 virus in 2020 caused the introduction of quarantine restrictions by many countries, which had both positive and negative socioeconomic consequences. The economic consequences include the decrease in production and income of enterprises of almost all types of economic activity, increase in the number of unprofitable enterprises, closure and temporary suspension of small and medium-sized businesses, decline in real GDP. The economic consequences have led to the increase in intensity and manifestation of negative social consequences, including the increase in unemployment and social insecurity, scale and level of citizen poverty, decline in incomes and loss of working time. Influenced by the social and economic negative factors hindering sustainable development, caused by the COVID-19 pandemic, socioeconomic risks in the social and labor sphere have intensified. The article suggests the methodological support for assessing the change of socioeconomic risks in the system of social and labor relations in Ukraine and the EU countries using quantitative assessment methods. The comparison of risks in the social and labor sphere of different countries allows to choose the prioritized directions of influence and effective tools to control and counteract the manifestation of risks, taking into account the experience of other countries.

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“…It develops and verifies the techniques for conducting risk assessment of workers' socio-economic vulnerability. Specifically, they are based on comparing the levels of component performance in certain periods of time (Novikova, O., Shamileva, L. 2020). The paper contains the guidelines for determining the level of Ukraine's economic security, which is one of the main components of national security, on the basis of comprehensive analysis of economic security indicators and calculation of the integrated indicator of economic security level.…”

Section: A Literature Reviewmentioning

confidence: 99%

Investigating the Impact of Structural Changes: The Socio-Economic Security Framework

Pakhucha¹,

Sievidova

Romaniuk³

et al. 2023

EJSD

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This study shows that ensuring socio-economic security of the country, which is defined as a set of conditions necessary to ensure normal economic development. It is almost the most important determinant that determines the favorable conditions of economic activity of economic entities. In general, the socio-economic security of business entities ensures the ability to create and maintain such conditions of economic activity, under which the influence of external and internal factors does not lead to negative processes regarding sustainable development, necessary for achieving the set goals. It considers the system approach to the assessment of socio-economic security of business entities considers which includes the following assessment parameters: main purpose and objectives of the analysis of socio-economic security, selecting types of the analysis of socio-economic security, establishing basic rules and analysis stages, selecting and using basic models, methods and indicators to assess socio-economic security, construction of the aggregated indicator. The study researches of the methods of assessment of socio-economic security. It suggests that the index of socio-economic security is defined by comparing volumes of a company's gross investments and the amount of resources needed to maintain an optimal indicator of socio-economic security, since the source of socio-economic security is the profit received by the company resulting from the interaction with external environment subjects. According to the results of the conducted assessment of socio-economic security by comparing volumes of the company's gross investments and the amount of resources needed to maintain an optimal indicator of socio-economic security, the integral estimate of security in recent years was obtained. The article outlines the aspects of simulating the socio-economic security of business entities, conducted by means of correlation and regression analysis and by forecasting the future security level using quantitative indicators. Using the trends, the paper analyzes the principle and characteristics of other simulating and forecasting techniques and identifies their advantages and disadvantages. It allows considering as practicable the use of correlation and regression analysis and its results, while making management decisions to enhance the socio-economic security of business entities. Keywords: economic security, national economy, national security, socio-economic security, structural changes, business entities, economic structure, modelling

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Evaluation of social and economic insecurity risks for employees during structural transformations in the modern labor market

Cited by 9 publications

References 5 publications

Socio-Economic Risk Assessment and Peril Analysis in the Context of the COVID-19 Pandemic and Emergencies

Socio-Economic Risk Assessment and Peril Analysis in the Context of the COVID-19 Pandemic and Emergencies

Comparative Analysis of the Changes of Socioeconomic Risks Caused by the COVID-19 pandemic in Ukraine and the EU Countries

Investigating the Impact of Structural Changes: The Socio-Economic Security Framework

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