A model for estimating social and economic indicators of sustainable development

Nataliya Dalevska (), Nataliya Dalevska (), Valentyna Khobta (), Valentyna Khobta (), Aleksy Kwilinski (), Aleksy Kwilinski (), Sergey Kravchenko () and Sergey Kravchenko ()
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Nataliya Dalevska: Donetsk National Technical University, Ukraine
Nataliya Dalevska: Institute for International Cooperation Development, Poland
Valentyna Khobta: Donetsk National Technical University, Ukraine
Valentyna Khobta: Institute for International Cooperation Development, Poland
Aleksy Kwilinski: London Academy of Science and Business, United Kingdom
Aleksy Kwilinski: Institute for International Cooperation Development, Poland
Sergey Kravchenko: Donetsk National Technical University, Ukraine
Sergey Kravchenko: Institute for International Cooperation Development, Poland

Entrepreneurship and Sustainability Issues, 2019, vol. 6, issue 4, 1839-1860

Abstract: There was developed a methodological approach for carrying out an integrated estimation of the sustainable development socio-economic parameters based on the UN's current information base. The article proposes a methodology and tools for economic and mathematical modelling to estimate the degree of international trade and investment relations development, the degree of life expectancy, the standard of living and prosperity of international entities under the influence of sources of economic growth. Based on the simulation results an analysis of the general status of the 189 world countries according to the sources of economic growth has been carried out. In order to obtain scientifically grounded results, the paper used general scientific and special methods of research, such as: methods of analysis and synthesis, system approach and abstraction, modelling (fuzzy logic model, a method of Saati hierarchies, Mamdani algorithm), quantitative and qualitative comparison methods, a method of theoretical generalization. The approach proposed in this article can be applied when developing the country's national economic development strategy in the direction of achieving sustainable development.

Keywords: fuzzy analysis; economic development; sustainable development; social fragmentation; economic growth; living standards and prosperity of international entities (search for similar items in EconPapers)
JEL-codes: C61 F43 O11 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:6:y:2019:i:4:p:1839-1860

DOI: 10.9770/jesi.2019.6.4(21)

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