Formation of the Baby Economy as a Prerequisite for the Development of the Human Economy and Adaptation of the National Economy of Ukraine to the Principles of Sustainable Development

Ostapenko Tetiana, Pavlov Kostiantyn (), Pavlova Olena, Bortnik Svitlana, Suriak Alla and Matiichuk Liubomyr
Additional contact information
Ostapenko Tetiana: National Aviation University, Kyiv, Ukraine
Pavlov Kostiantyn: Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Pavlova Olena: Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Bortnik Svitlana: Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Suriak Alla: Lesya Ukrainka Volyn National University, Lutsk, Ukraine
Matiichuk Liubomyr: Ternopil Ivan Puluj National Technical University

Economics, 2024, vol. 12, issue 2, 35-53

Abstract: The processes of kinship, gender and age stratification, early learning opportunities, socialization, and the ability to engage in creativity and optimize craft are crucial for developing the education economy. All these factors in the development of the education economy should turn a young person into an economic person with the ability to make effective production, technological, and managerial decisions regarding the development of his or her personality, society, and economic element. It is worth noting that Ukraine is only forming a baby economy system. There are separate parts of it that the will of the state policy should unite. However, the private production and research sector should also be aimed at cooperating with educational institutions both in terms of production practices and highly specialized career guidance. Also, the education economy should be integrated into global educational processes, especially at the bachelor’s and master’s levels of university education. Ukraine is joining global university networks to optimize higher education. Joining exemplary examples of global education should influence the development of Ukraine’s national economy in the context of globalization. The processes of kinship, gender and age stratification, early learning opportunities, socialization, and the ability to engage in creativity and optimize craft are crucial for developing the education economy. All these factors in the development of the economy of education and upbringing should turn a young person into an economic person with the ability to make effective production, technological, and managerial decisions regarding the development of his or her personality, society, and economic element.

Keywords: baby economy; human economy; adaptation of the Ukrainian economy; sustainable development (search for similar items in EconPapers)
JEL-codes: A10 A13 A14 C13 C20 D69 D83 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:econom:v:12:y:2024:i:2:p:35-53:n:1007

DOI: 10.2478/eoik-2024-0017

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