COMPARATIVE ANALYSIS OF THE EFFICIENCY OF SPECIFIC ASPECTS OF ECONOMIC AND SOCIAL POLICY IN THE PERIODS OF 2014-2019 AND 2019-2022

Abstract

Introduction. In the periods from 2014 to 2019 and from 2019 to 2022, Ukraine implemented various economic and social policies that resulted in diverse socio-economic consequences. This article aims to conduct a comparative analysis of specific aspects of social and economic policy during these periods. Analysis of scientific research. Research on specific theoretical and practical aspects of state economic and social policy implementation in Ukraine during the periods from 2014 to 2019 and from 2019 to 2022 has been conducted by prominent scientists including S. V. Mocherny, Yu. S. Shemchushenko, O. P. Orlyuk, and others. The examination of the socio-economic consequences resulting from the implementation of economic and social policies in Ukraine during the periods from 2014 to 2019 and from 2019 to 2022 remains insufficiently explored, necessitating comprehensive scientific research in this field. The purpose of this scientific article is to investigate specific aspects of economic and social policy implemented in Ukraine during the periods from 2014 to 2019 and from 2019 to 2022. The main tasks of the article are to provide a theoretical and mathematical description of specific aspects of economic and social policy during the periods from 2014 to 2019 and from 2019 to 2022, as well as to analyze their consequences in Ukraine. Research methodology and methods. During the writing of the article, several special research methods were employed. These methods include direct observation, which involved gathering information on various indicators such as the number of points in the Corruption Perception Index (CPI) in Ukraine from 2013 to 2022, changes in real gross domestic product (GDP) from 2016 to 2020, the amount of state and state-guaranteed debt from January 2016 to January 2022, and Ukraine's position in the democracy rating from 2014 to 2022. Information processing methods were used to develop tables for calculating the growth and changes in the number of points in the CPI in Ukraine from 2013 to 2022, as well as the amount of state and state-guaranteed debt from January 2016 to January 2022. Graphical analysis was conducted to examine the dynamics of the CPI in Ukraine from 2013 to 2022, changes in GDP from 2016 to 2021, the size of the state and state-guaranteed debt from January 2016 to January 2022, and Ukraine's position in the democracy rating from 2014 to 2021. The time range for analyzing changes in GDP and the national debt was chosen by the author to minimize the impact of the acute phases of the conventional Russian-Ukrainian war during 2014-2015 and after February 24, 2022. Similarly, the time range for the CPI from 2013 to 2022 was selected to demonstrate that the conventional war does not have a decisive influence on the fight against corruption. Additionally, the time range for Ukraine's position in the Democracy Rating from 2014 to 2021 was chosen to mitigate the impact of the large-scale conventional Russian-Ukrainian war that began on February 24, 2022. Research results. According to the data from the Corruption Perception Index, it was found that effective measures were taken by the Ukrainian authorities to combat corruption during the period of 2014-2018. However, from 2019 to 2023, the progress in the fight against corruption slowed down. The analysis also demonstrates that following the cessation of active hostilities that took place between 2014 and 2015, the economic policies implemented by the state authorities facilitated consistent economic growth for sixteen quarters, spanning from 2016 to 2019. However, after a change in power occurred in 2019, economic growth shifted from positive to negative starting from 2020. During the period of 2016-2019, the government's economic policies not only focused on fostering economic growth but also aimed at reducing the external debt burden on the economy. Conversely, following the change in power in 2019, the new leadership pursued an active policy of foreign borrowing, resulting in an increase in the debt burden on the Ukrainian economy. Scientific novelty of the research results. A comparative mathematical analysis was conducted to examine specific aspects of state economic and social policies in Ukraine during the periods from 2014 to 2019 and from 2019 to 2022. Practical significance of the obtained research results. The author believes that conducting a qualitative comparative mathematical analysis of specific aspects of state economic and social policy in Ukraine during the periods from 2014 to 2019 and from 2019 to 2022 will facilitate the identification of more effective methods for implementing economic and social policies. This, in turn, will contribute to the establishment of an independent and efficient state. The article contains: formulas: 3, fig. 8, tab. 5, bibl. 24.