INCLUSIVE GROWTH IN THE CONDITIONS OF MODERN SOCIO-ECONOMIC DEVELOPMENT: THEORETICAL ASPECT
Abstract
The article examines the essence and role of inclusive growth. The experience of developing inclusive growth at the interstate level is emphasized. Inclusive growth is defined as sustainable, environmentally oriented economic development that ensures the optimal relationship between economic dynamics and opportunities that are formed for the population and are expressed in fair access to the created benefits in both the short and long term. It is established that the trajectories of inclusive growth are formed in the context of a fairly wide range of regulatory instruments, starting from the development of mechanisms for the development of a competitive environment, building and configuring a differentiated tax policy and ending with measures to ensure employment of the population, increase environmental well-being, and intensify investment and innovation spheres of life in order to accelerate economic growth and form social stability. It was found that despite the emphasis and orientation of state policy priorities on the concept of inclusive growth, it has not yet been comprehensively taken into account in the process of developing programs for the long-term development of regional economic systems. It was emphasized that such a complexity lies in the need to apply appropriate approaches to developing new forms and models of economic growth of regional systems that eliminate the inertia of traditional approaches to developing long-term state programs for socio-economic development. The main components are considered, the implementation of which ensures the effective formation of inclusive growth. The key principles of the inclusive growth model are analyzed. It is noted that Ukraine, forming its own model of inclusion as the basis for building a solidary socio-economic future, must, taking into account national realities, actively implement key recommendations of global institutions regulating inclusive policy.
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