Abstract

Research background: The world is constantly changing, increasing the efficiency of economic processes and raising the standard of living of the population, but this development has an uneven tendency. The global transformation of socio-economic development provides an opportunity for the state to use all available potential in order to increase the level and quality of life of the population. Purpose of the article: The main purpose of the publication is to study the dynamics of the development of the living standard of the population, to conduct a comparative analysis of the global indicators characterizing it. Methods: The article provides a comparative analysis of countries, which makes it possible to structure the main components of the living standard of the population; the results of the rating assessment of world indices characterizing the standard of living of the population are systematized based on the methods of scientific knowledge, comparative and statistical analysis. Findings & Value added: The analysis of the dynamics of the main indicators of the standard of living of the population made it possible to identify the main trends in the influence of these indicators on the level of the country’s development. Based on the comparison and analysis of world indicators, the place of Russia in the world economic space has been determined and an analysis of their dynamics has been carried out. Measures have been systematized to regulate the development of the standard of living of the population, aimed at eliminating crisis situations and imbalances in their development.

Highlights

  • The modern world economy is in a state of constant movement, dynamism, modernization, and, in this regard, the uncertainty of the results of various changes has become its characteristic feature

  • The research is based on scientific methods, including generalization of domestic and foreign experience in assessing the standard of living of the population.Drawing on statistical methods, the authors have considered and analyzed the dynamics of the main indicators of living standards of the population in the Russian Federation and abroad

  • It is possible to conclude that the differentiation of living standards is a complex economic process that depends on many factors of varying degrees of significance

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Summary

Introduction

The modern world economy is in a state of constant movement, dynamism, modernization, and, in this regard, the uncertainty of the results of various changes has become its characteristic feature. Negative changes in the standard of living (its decline) are becoming a factor, which determines the degree of satisfaction of the population with state policy. Today a person, their rights and freedoms are the highest value, the question of the level of their well-being and general satisfaction with the quality of life arises. The standard of living can be characterized as the degree of satisfaction of a person with their needs of a social and material nature [1,2]. The differentiation of the standard of living of the population is associated with a number of factors and reasons, among which one can identify the economic potential of the regions, the ability of the population to adapt to new economic activities, the structure and degree of employment of the population, social assistance and protection

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