Quantitative Assessment of the Compatibility of the Development of Socioeconomic Systems

Abstract

In the conditions of market economy all business entities, which can be viewed as socioeconomic systems (SES), must be competitive. This also applies to the regions in the country. From the regions competitiveness depends effective solving of a whole range of social problems: jobs, social welfare, crime, migration and etc., in turn country region's competitiveness depends on how it is adjusted its economic, social and ecological development. It's important because it could be that some of the development components are developing at other component's expenses. For example, economic development could be at social and ecological expenses. This would prevent the creation of the necessary living conditions not only today, but also for future generations. In order to survive, an SES must be constantly developing. During this development, both quantitative and the qualitative changes of the system parameters take place. The quantitative changes are reflected by the development dynamics, which encompass the equability and the intensity; while the qualitative changes are reflected by changes in the internal structure of the development process. For a system to be able to function in the long term, the quantitative development of its components must be mutually compatible. However, the existing measurements of SES development do not take this into account. The aim of the article is to propose and approve a methodology that would allow quantitatively evaluate the sustainability of the country regions development. For this purpose the multi-criteria evaluation methods are used. Based on the proposed methodology the sustainability of the country regions economic development is identified.

Institutional development gap in the social sector: Cross-country analysis

“…When examining the issues of inequality in the development of Lithuanian regions, Maknickienė et al, (2018) raised the problem of policy formation that would let to achieve the regional development convergence for this country. In the study of the local convergence, the methodology of a quantitative assessment of the regional development sustainability based on multicriteria assessment methods, proposed by Ginevicius, R. (2019), attracted attention. Yevdokimov et al, (2018) analyzed basic institutions -economic freedom and democracy as determinant factors in increasing macroeconomic stability.…”

Developing a Model Based on Sustainable Development for Prioritizing Entrepreneurial Challenges Under a Competitive Environment

“…Mashokhida et al (2018) used the method of com¬parative analysis to assess the level of competitiveness of the Tajikistan regions to sustainability determine their economic development. Ginevicius (2019) proposed a methodology to quantitatively evaluate the sustainability of the country's region's development. Therefore, it is necessary to develop an effective framework to provide a systematic approach for balancing social, environmental, and economic concerns in order to identify key sustainability issues, determine actions and solutions, enable performance measuring, evaluate preventive measures, and share information with stakeholders.…”

Multi-criteria assessment of socioeconomic systems’ conditions based on hierarchically structured indicator systems

“…This way, the groups of related indicators will form the lowest level of the hierarchical structure. After doing so, a system of hierarchically structured indicators representing regional social development is obtained (Figure 3) (Ginevičius, 2009;Gedvilaitė, 2019;Ginevicius, 2019). Ginevičius, 2009;Gedvilaitė, 2019 "Bottom-up" forming a hierarchically structured indicator system.…”