Economic Spheres Research Articles

Circular Business Models and Sustainable Behavior: An Integrated Framework Based on the COM-B Model

Objective: This study aims to understand how circular business models can effectively influence consumer behavior towards sustainability, using the COM-B model (Capability, Opportunity, Motivation - Behavior) as an analytical framework. The central objective is to demonstrate that the integration of circular practices not only reduces environmental impacts but also redefines the consumer's role as an active agent in the regenerative economy. Theoretical Framework: It is based on contemporary concepts of circular economy, highlighting frameworks and consumer-oriented approaches such as the sharing economy and product lifecycle extension. These theories underscore that consumer behavior is a central component in the transition to more sustainable economic systems. Method: The theoretical approach relied on an extensive literature review on circular business practices and behavioral studies. Through the COM-B model, a framework was structured to analyze the interactions between behavioral components and business models. Results and Discussion: The study argues that consumers' ability to adopt circular practices depends on clear information, economic incentives, and adequate infrastructure. Additionally, it demonstrates that motivation is amplified by personal values and trust in companies aligned with sustainability. However, challenges such as cultural resistance and institutional barriers still limit broader adoption. Research Implications: The research reinforces the need for integrated strategies among consumers, businesses, and governments to enable the adoption of circular models. The impact transcends the economic sphere, influencing public policies and redefining consumption patterns. Originality/Value: This paper stands out by proposing a holistic and practical approach to integrate circular business models with behavioral changes, contributing to a research agenda focused on concrete solutions in sustainability.

Economic order and constitutional order

It is indicated that the architecture of the modern state and its socio-economic development are based on two fundamental categories - the constitutional order and the economic order. These categories form a complex system of interdependent relations: on the one hand, the norms of the constitution outline the legal field for economic activity, and on the other - economic processes affect the implementation of constitutional principles and observance of citizens’ rights. The article examines the relationship between the constitutional order and the economic order as fundamental categories that determine the architecture of the modern state. Theoretical approaches to understanding the essence of the constitutional order and its relationship with the categories «state order» and «social order» are analyzed. The features of the constitutional and legal regulation of economic relations and the role of the constitution in the formation of the economic system of the state are highlighted. It is substantiated that the constitutional system provides not only for the formal constitutional registration of state-social relations, but also for the obligatory recognition by the state authorities of their limitation by law and the sovereign right of the people to exercise power. The transformation of the role of the state in the economic sphere and its reflection in modern constitutions are studied, in particular regarding the protection of competition, combating monopolization, supporting the national producer and ensuring the social orientation of economic policy. The peculiarities of the formation of the economic system of Ukraine in the context of the transition from a planned-command to a market economy and the need to form an economic model that would correspond to national characteristics are considered. The importance of ensuring a balance between economic freedom and state regulation, between private economic interests and the public good is emphasized. It is determined that the effectiveness of constitutional and legal regulation of economic relations depends on taking into account national characteristics and historical conditions of the state’s development when forming an economic model and mechanisms for its legal support.

The concept of “legacy” in the inheritance law of Ukraine

It is indicated that one of the manifestations of the dispositive nature of inheritance law is the legal possibility of establishing a testamentary waiver, enshrined in Article 1237 of the Civil Code of Ukraine, which is the embodiment of the freedom of will. The norms of inheritance law began to develop actively in the times of Ancient Rome. At each stage of development, the content of inheritance law underwent certain formations and transformations that were associated with the development of the state, especially its social and economic sphere. Although at all stages the basis remained property succession. A feature of Roman inheritance law is that it developed in parallel with the institution of property and family, because it had a family character due to the all-encompassing and absolute power of the father. This means that property was preserved within the boundaries of one family, one clan. If we turn to modern inheritance law, we see a significant similarity. Thus, modern inheritance law also ensures and protects the transfer of property from the deceased to his legal successor. These norms are enshrined in the Civil Code of Ukraine, and some provisions are also contained in other regulatory acts – for example, in the Law of Ukraine “On Notaries”. Along with inheritance by law and will, in Roman law there was singular succession, that is, granting a person certain rights without imposing obligations on him. It existed in two forms: legate and fideicomis. Let us consider in more detail the term “legate” in the inheritance law of Ukraine. A legacy is a testamentary refusal, a gratuitous testamentary disposition of the testator, which was made in a will, regarding the provision of certain sums of money or things to the heirs to a specific person, on the basis of which a singular inheritance arose. Whereas, a fideicomis is an informal legacy, an oral or written disposition of the testator’s last will, through which he obliges the testator on his word of honor to give the inheritance or its share to a third person. In ancient Rome, a person had the right to refuse to accept an inheritance, a similar provision exists in modern inheritance law.

Impacting Investment Capital Attraction on Sustainable Development: A Case Study in Vietnam

Vietnam and several countries worldwide are experiencing unprecedented impacts of climate change, the gradual depletion of natural resources, and the global Covid-19 pandemic; in addition, sustainable development has become an essential requirement and an inevitable path in the progression of human society. Objective: This paper analyzes the key factors affecting investment capital attraction and sustainable development, providing recommendations for improving this process. Methodology: The study utilized two methodologies: qualitative research conducted through interviews and focused on 15 discussions with economic experts to adapt the content of observable parameters to correspond with the firm's characteristics. A quantitative study was performed on 800 representative managers from three provinces and one city in Vietnam to assess the model and research hypotheses. Result: The findings reveal five factors affecting the allure of investment capital, with a significance level of five percent, and the attraction of investment capital influencing sustainable development in Vietnam. This contribution augments academic value and is a reference for future research on sustainable development in Vietnam. There are five policy implications and contributions to promoting sustainable development in Vietnam, encouraging innovation and excitement. Conclusion: This study's innovation asserts that sustainable development will enhance Vietnam's working and living conditions by promoting sustainable economic growth, a prosperous and equitable society, stable cultural diversity, a pristine environment, and the sustainable preservation of resources. Unique contribution: The novelty of this study was to supplement and complete the system of criteria for the framework of ethical principles for sustainable development, including the notions of sustainability within the economic, social, and environmental spheres. Key recommendation: The authors proposed recommendations for policymakers and investors to improve technology based on the results. Technology (TEC) emerges as the most influential factor, exerting the most substantial impact on investment capital attraction and sustainable development.

The concept of criminal and legal protection of economic relations in the sphere of functioning of the construction market

The article examines the concept of criminal law protection of economic relations in the field of functioning of the construction market. Construction is a field of economic activity that has the potential to solve a set of interconnected socio-economic tasks. This is determining the level of economic development and ensuring the effective operation of the entire system of the country’s financial and economic complex, meeting the interests and needs of people, based on improving the quality of their living standards, in particular living standards, creating a material basis for the sustainable development of society. In order to improve the efficiency of the construction market, it is important to ensure its proper legal protection, including criminal law protection, which should be understood as the establishment of a legal regime to ensure the construction market’s functioning, from causing significant damage to it by criminal acts carried out through the criminalization of acts. Carrying out the protection of social relations in this way, the criminal law subsequently regulates other social relations - those that arise between the state and a person who has committed a socially dangerous act, in order to bring the latter to criminal responsibility. Business entities and other participants in relations in the field of business conduct their activities within the established legal economic order, complying with the requirements of the legislation. In particular, in Ukraine, the legal economic order is formed on the basis of an optimal combination of market self-regulation of economic relations of economic entities and state regulation of macroeconomic processes, based on the constitutional requirement of the state’s responsibility to people for its activities and the definition of Ukraine as a sovereign and independent, democratic, social, legal state At the same time, relations that arise in the process of organizing and carrying out economic activities between economic entities, as well as between these entities and other participants in relations in the economic sphere, are recognized as economic. In turn, the Criminal Code of Ukraine clearly defines which socially dangerous acts directed against economic relations in the field of functioning of the construction market are criminal offenses and which punishments are applied to the persons who committed them.

Landslides in a changing world

Abstract This article investigates the multifaceted dimensions to understand the interrelatedness among global change drivers and their implications for landslide hazards and disaster risk. Drawing on empirical research, it utilised a mixed-methods design; the research combined diverse data sources and experiential insights on the interdependencies bounded by local context and global scale. The findings underscore the urgent need for holistic approaches that consider the complex dimensions of landslides as socio-natural hazards and global change, emphasising the importance of collaboration, innovation, and international cooperation in building resilience and mitigating the adverse effects of landslide disaster risk on global systems and societies. Furthermore, the challenge of reducing landslide disaster risk lies in understanding and addressing the interplay between socio-environmental transformations and geodynamic processes. The escalating effects of climate change, urban expansion, and deforestation are anticipated to magnify the occurrence of landslides, thereby posing significant risks to human lives, infrastructure, ecosystems, and livelihoods. However, most importantly, these risks are further compounded by environmental, social, economic, political, cultural, and technological spheres associated with globalisation. The systemic nature of disaster risk, particularly landslides in a changing world, highlights the interconnectedness of different systems, resulting in complex causality and cascading impacts. These insights contribute to the broader discourse on sustainability by providing empirical evidence that supports integrated approaches to achieving long-term disaster risk reduction based upon the equitable and sustainable use of territories while integrating robust disaster risk management strategies to ensure resilient communities and ecosystems.

Экономическое развитие сельских агломераций: анализ факторов, способствующих экономическому росту в сельских регионах

In the period from 1993 to the present day, agriculture in Russia was characterized by unstable and even depressive development, which was accompanied by a lack of rural development, which occurred against the background of ongoing negative trends in both the social and economic spheres. These trends manifested themselves in a decrease in the number of agricultural enterprises, which led to a decrease in the quality and standard of living of the rural population, deterioration of the social and transport infrastructure, optimization of municipalities in terms of their enlargement. The highlighted consequences as a result of the influence of negative factors require drastic measures to prevent further collapse of rural areas, which in turn required the activation of management decisions regarding the formation of rural agglomerations and the identification of factors ensuring their sustainable economic development. Objective: The complexity and versatility of the topic under study is reflected in the goal set – to analyze the factors determining the economic growth of rural agglomerations. Methods: in achieving the goal, scientific methods were used: analytical, methods of theoretical and empirical knowledge; economic and statistical methods; methods of analysis and synthesis. Results: having studied the scientific views of modern authors on the identification of factors and analyzed their impact on the level of development of agglomerations, the article reveals the key ones and assesses the impact of these factors on the level of economic growth of rural agglomerations. Conclusion: the implementation of a positive synergistic effect of the impact of factors will allow achieving economic growth of agglomerations in rural areas.

Quest for Governance in the Philippiines: Opportunities and Challenges

This qualitative case study examines the governance journey of a female mayor, focusing on her efforts to promote women’s empowerment and gender equality within her leadership role. The study aims to describe her experiences, the opportunities and challenges she encountered, and the initiatives she implemented to support women in her community. Data collection involved in-depth interviews and participant observations, offering a comprehensive view of the mayor’s political career and leadership style. The study reveals that the mayor’s professional background, educational experiences, and personal qualities—such as her passion, commitment, and sense of excellence shaped her approach to governance. These attributes, coupled with her strong sense of public service, enabled her to introduce and execute programs that increased women’s participation in socio-political and economic spheres, thus elevating their status within the community. This case study serves as an inspiring example, challenging the prevailing notion that gender should limit women’s involvement in politics and public service. The findings underscore the importance of supportive frameworks that enable women’s leadership and empowerment. Hence, the paper recommends the expansion of government initiatives and programs focused on enhancing women’s political and leadership roles, as a means to further promote gender equality and contribute to national development.

ОЦЕНКА УРОВНЯ ФИНАНСОВО-ЭКОНОМИЧЕСКОЙ БЕЗОПАСНОСТИ ПРЕДПРИЯТИЯ

This article analyzes the risks and threats in the financial and economic sphere of the enterprise, which made it possible to identify a specific area of their localization. Subsequently, an assessment of the level of financial and economic security of the business entity was carried out, based on the results of which appropriate measures were proposed to improve the security system in the financial sector, which will increase its level in subsequent periods.

МЕДІАЦІЯ ЯК ЗАСІБ ВИРІШЕННЯ СПІРНИХ ПИТАНЬ У СФЕРІ ДЕРЖАВНОГО УПРАВЛІННЯ ЛІСОВИМ ГОСПОДАРСТВОМ

Conflict is integral to human interaction with the surrounding natural environment. In modern society, the decisive role belongs to the state administration as a regulator of political, social, economic, and other spheres of public life, which also affects people's social activities. Human influence on the natural environment has global dimensions, there are a number of issues related not only to the protection of natural resources and the prevention of environmental pollution but also to the careful and rational use and consumption of natural resources. The basis of human interaction and the use of such a type of natural resource as forests is the implementation of needs and interests, which are often mutually exclusive: on the one hand, the satisfaction of the economic needs of users of the forest industry, and on the other hand, ecological needs aimed at ensuring the integrity of this ecosystem, its protection and reproduction of forest natural resources. The relevance of the topic of the research is due to the fact that the nature of conflicts in the field of public administration in general, and in the field of forestry management in particular, is complicated by the presence of power in the management bodies, therefore communication and dialogue with public officials is extremely difficult, sometimes impossible. Alternative means of conflict resolution, in particular mediation as a tool for dialogue and communication, can prevent the emergence or resolution of already existing conflicts in the field of forestry management. The purpose of the study is to review the features of state management of forestry and to clarify the possibilities of mediation as an alternative method of resolving disputes that arise during the implementation of this type of management. The methodological basis of the research was the methods of analysis and synthesis, as well as complex, functional methods, and a analysis of the scientific literature on the subject of the article. The obtained scientific results consist in elucidating the causes of conflict situations during the interaction of authorized enterprises for the sale of forest products with intermediaries and buyers, substantiating the feasibility and effectiveness of using methods of conflict resolution alternative to court proceedings, in particular mediation, recommendations for the promotion of alternative methods of conflict resolution in the field of state management of the forest industry, their popularization, and stimulation of the participants of these relations to the wide use of such tools. Prospects for further research are the popularization of non-traditional or alternative to court decision tools for resolving conflict issues in various spheres of state administration, namely: clarification of the nature of state administration, the status of subjects of state administration in its various spheres, criteria for the predictability of dispute resolution, where one of the parties an entity endowed with powerful powers in one or another sphere of state administration acts.

The research of the world experience in the use of blockchain technologies

Object: To explore experience of using blockchain and identification of problems those hinder its development in Kazakhstan. Methods: General scientific methods employed in this study included descriptive, retrospective, system analysis, synthesis of the subject, as well as system-structural and system-functional analyses. In addition, specific methodologies such as modeling, formal logic, comparative analysis, comparative legal analysis, SWOT, and PEST analyses were utilized. Processing of the data was carried out through the EXCEL. Findings: Digital technologies are becoming the main trends. Their promotion changes life and stimulates to work on development of social, economic spheres. It is accepted that they increase the efficiency of not only personal life, but also the economy. Conclusions: The solution to the problems is possible through the harmonization of legislative standards, investments in educational programs and the involvement of international experience. The example of the eGov 3.0 initiative has shown the importance of algorithmic approaches and predictive management for optimizing the interaction between the state and society. Based on the above, blockchain acts as a strategic tool for modernizing the economy and increasing its sustain ability. The introduction of distributed ledger technologies, taking into account global experience, will allow Kazakhstan to effectively adapt to global challenges, strengthening the institutional environment and stimulating innovative development.

СУРХОНДАРЁ ВИЛОЯТИДА ИЖТИМОИЙ-ИҚТИСОДИЙ РИВОЖЛАНИШ ТЕНДЕНЦИЯЛАРИ

In the article, the large-scale reforms implemented in the Surkhandarya region in the socio-economic spheres and their social significance are scientifically analyzed. In the period of globalisation, the integration of the world economy and expansion of cooperation in the economic sphere, the reforms and changes in the socio-economic spheres are scientifically analyzed.

The Implications of the Nationalist Movement on Inter-ethnic Political Tensions in Eastern Ukraine

Ukraine is one of the former Soviet Union states that gained independence in 1991. Ukraine's long history is inextricably linked with conflict, particularly following the Bolshevik invasion of 1921-1922. Under Soviet rule, the Ukrainian people endured considerable suffering across social, economic, and political spheres. One of the darkest chapters in Ukraine's history is the Holodomor. This event ultimately catalysed the Ukrainian independence movement. The Holodomor also engendered an anti-Soviet (Russian) sentiment, as it was regarded as an act of genocide against ethnic Ukrainians. Anti-Russian campaigns intensified following Ukraine's independence and manifested in the Ukrainization movement. However, this movement inadvertently fostered inter-ethnic tensions among Ukrainian citizens, particularly those of Russian ethnicity. The research employs a traditional literature review methodology, involving qualitative data collection and analysis. The conclusion that whilst the Ukrainian Nationalist Movement indeed has implications for political tensions between ethnic Ukrainians and Russians, this is largely attributable to the Ukrainian government's failure to accommodate the aspirations of national minority groups, such as ethnic Russians, in policy-making processes

Exploring Hainan Cultural Confidence in the Framework of Hainan Free Trade Port Development

The construction of the Hainan Free Trade Port (FTP) has created significant and unprecedented opportunities for the development of Hainan’s economic, social, and cultural spheres. While the FTP initiative primarily aims to enhance Hainan’s global economic connectivity, it inevitably influences local culture, raising questions about how Hainanese culture can preserve and even strengthen its distinct identity amid rapid globalization. This paper explores the development of cultural confidence among Hainanese people within the evolving globalized framework of the FTP. Drawing on recent studies and qualitative analysis, the research highlights the foundational elements of cultural identity, historical traditions, and Hainan’s unique regional values that shape cultural confidence in this transforming society. Findings reveal that fostering cultural confidence in Hainan not only strengthens local social cohesion but also enriches the international profile of the FTP. Finally, recommendations are proposed for policies, educational programs, and community engagement initiatives to further integrate cultural confidence into the FTP framework, providing a model for culturally sensitive development in other regions in China and beyond.

Construction Industry in Ukraine: Transformations and Prospects in the Context of Martial Law and Postwar Reconstruction

Purpose. Military actions have caused serious changes in the economic sphere in all regions of the country. The construction industry is also experiencing major transformations and challenges. The main purpose of the study is to analyze current trends in the construction market of Ukraine, its features and future in the context of martial law and post-war reconstruction. Methodology. The full-scale invasion led to the near collapse of the construction industry, most Ukrainian enterprises were forced to suspend or limit production, and some reoriented to the needs of the Armed Forces. Many companies in the South and East of the country were in the area of active hostilities or under temporary occupation, as were logistics elements and suppliers of raw materials and components. Damage to the engineering infrastructure also had a negative impact on the production of construction products. Most of the raw materials and construction materials have to be imported, but the volume of imports is also limited, as the port infrastructure is practically non-existent. During the martial law period, the government adopted a number of decrees to facilitate the import of certain goods, but many construction materials are still not on the list. Import substitution and logistics restructuring are also taking place after the abandonment of goods from unfriendly countries that previously dominated such segments as the glass wool, bitumen, and other markets. The experience of other countries in protecting construction facilities from destruction during military operations is considered. Findings. The article analyzes the state of the domestic market and the problems of imports of building materials; staffing of the construction industry; changes in the structure and volume of demand in the construction and real estate sectors; changes in urban planning legislation, as well as the state of transport infrastructure; preparation for post-war reconstruction. Originality. A comprehensive analysis of the state of the construction industry of Ukraine during the armed aggression is carried out. The importance of introducing new safety and civil protection standards in the construction of construction projects, facilitating the issuance of permits, and developing the Unified State Electronic System in the field of construction is considered. Practical value. The article highlights the areas of construction and transport infrastructure that can be developed even during martial law, and considers the main problems of the construction industry in Ukraine.

The Role of The University in the Development of Inclusive Entrepreneurship in the City of Pedernales

Objective: The primary objective of this research is to demonstrate the pivotal role that universities play in promoting inclusive entrepreneurship, with a particular focus on individuals with disabilities. Theoretical Framework: This research centers on the university's role as a catalyst for social change, specifically its capacity to foster inclusive entrepreneurship and enhance the quality of life for people with disabilities. The study is rooted in the premise that universities, as institutions of learning and knowledge creation, have a responsibility to engage with the community and address pressing social issues. In this context, social entrepreneurship emerges as a strategy for generating employment opportunities and improving the living conditions of marginalized groups. Method: This research employs a bibliographic approach, utilizing research techniques such as observation, interviews, and surveys of two market segments. Additionally, it presents the findings and a discussion of the topic. Results and Discussion: The research on inclusive entrepreneurship in Pedernales has uncovered a latent opportunity to transform the employment landscape for individuals with disabilities in the canton. While significant challenges exist, such as low employment rates and a lack of effective public policies, key elements have been identified that can drive positive change. Implications: The research on inclusive entrepreneurship in Pedernales carries significant implications at both the local and national levels, extending beyond academia to impact the social and economic spheres. Originality/Value: The research on inclusive entrepreneurship in Pedernales exhibits notable originality by focusing on a specific context and population group, allowing for a detailed analysis of their unique needs and challenges.

Hidden Unemployment in Polish Industry (1945–1956)

One of the main factors determining the weakness of the socialist economy was the phenomenon of hidden unemployment, which means excessive employment in industrial plants in relation to needs. This phenomenon should be considered in two aspects: economic and social. The aim of this article is to determine the economic and social consequences of the phenomenon of hidden unemployment in the Polish economy in the first years after the WWII. The article is based on the literature on the subject, as well as source research conducted at the Archives of New Records and the Archives of the Institute of National Remembrance in Warsaw. To analyze the socio-demographic characteristics of the staff of four industrial plants, the personal files of employees collected in the plant archives were used. The research conducted indicates that one of the main sources of weakness of the socialist economy was the situation on the labor market, and especially the phenomenon of over-employment. In the economic sphere, it meant that the dominance of an excessive number of low-skilled workers in the composition of the industrial workforce resulted in poor labor productivity, abysmal production quality, non-compliance with standards in technological processes, destruction of work ethics, poor discipline, increased personnel turnover, etc. It is a measure of the irrationality of the system that the employment of a significant proportion of these workers was not the result of either economic or social necessity, but a consequence of the erroneous economic development model adopted, based on the use of low-skilled and poorly paid labor. In social terms, however, the employment of these people meant that the communist regime could count on relatively considerable public support among them. Authoritarian, non-democratic parties (such as the PPR and PZPR), appealing to populist slogans and fomenting conflicts with other social groups corresponded in terms of their programs and modus operandi to people with high levels of authoritarian attitudes.

African theological education and its curriculum responsiveness towards African Union’s Agenda 2063.

This article considers the development of African theological education with the new imperative to support the African Union’s Agenda 2063 and the need to engage global processes of development. By employing the strategic focus of curriculum design and content that focuses on African realities, theological education can support this transformative agenda. Expanding access to quality theological education aligns with Agenda 2063’s emphasis on quality education. However, for African theological education to remain relevant and effective, beyond denominational myopia and internal ecclesial concerns, it must gain significant traction in the political, social, and economic spheres of modern-day Africa. Atheology of transformation to prepare the Church as an agent of change can be instructive. To consider this task, this article reflects on integrative curriculum design as a means that educates for the required competencies, including ethical leadership, with an outward focus.

Legal support for post-war reconstruction measures of land resources of Ukraine

In the article, the authors provided a description of the legal regulation of approaches, methods and measures of post-war recovery of land resources of Ukraine. It is emphasized that this topic is extremely relevant in the current conditions of the ongoing full-scale war, especially considering the circumstances that significant areas of land are degraded, unsuitable for use, mined, or are generally under occupation. The authors stated that one of the most important tasks of modern land legislation is the development and further legislative consolidation of legal methods of regulating land relations in the field of restoration. A prerequisite for this is a large number of Ukrainian land areas close to a critical condition. Fertile soils in Ukraine are recognized as one of the most important natural resources and national wealth. Military actions have the most destructive effect precisely on the most fertile layers of the land cover. Because of this, our country suffers numerous losses, primarily in the economic sphere, since almost a third of the world’s chernozems are concentrated on the territory of Ukraine. Natural recovery of these soil layers is extremely slow and may take tens or even hundreds of years. All this means that there is already a need for the development and legislative regulation of national strategies aimed at the accelerated restoration of soils after the end of hostilities on the territory of Ukraine. As well as the practical application of the developed methods and measures of land restoration in the territories where this is possible due to the absence of hostilities. The authors determined that approaches to restoration and reclamation of war-damaged land resources should be comprehensive and include legislative, ecological, economic and social aspects. A progressive idea seems to be the involvement of international aid (it can consist of various measures: provision of technologies and modern equipment; training and education of domestic specialists; provision of various methods developed in the field of land resource restoration; attraction of investors to finance various restoration projects, etc.). The authors conclude that the improvement of the legislative framework in the field of regulation of land restoration is an essential prerequisite for starting the process of reclamation of Ukrainian lands after hostilities.

Impact of Women Empowerment in the State, Market and Social Domain: Empirical Evidence of Developing Countries

The authority to carry out a job is a matter of delegation of power and jurisdiction. When women are empowered, they can make their own decisions and have access to resources. When a society strives for growth in its social and economic spheres, it is said to be developing socially and economically. Half of the world's population comprises women, who comprise a significant percentage of society via their reproductive and productive labor. This article examines the significance of women's empowerment in socio-economic progress, which is crucial for a country's advancement since it recognizes and incorporates women's influence into the economy to enhance their situations. This article falls under the qualitative category since it relied on supplementary methods to gather data. The study examines how empowering women in developing countries may lead to positive socio-economic change in society, the market, and the state. Filling a vacuum in our understanding, this research employs theoretical frameworks and case studies to assess how women's empowerment affects development via the state, the market, and society. The implications, methodology, and linkages are examined using quantitative data and qualitative observations from developing countries. Out of all the population categories, the one for political approval produces the fewest results. Statistics under support the representation of women in political institutions, internet accessibility, and the judicial system. To measure women's empowerment, researchers often use the Women's Empowerment Index. Many studies have used this measure or one of its variants to assess empowerment; examples include the agricultural level, the Women's Empowerment Index (Weeai), and empowerment indices for women in livestock.