Pandemic and social development indices: case study of Kazakhstan

Authors

  • K.Zh. Beldibayeva
  • A.A. Umyrzakova
  • G.T. Ussembayeva

DOI:

https://doi.org/10.31489/2022ec3/245-252

Keywords:

inequality, social status of the population, poverty line, rating, development index

Abstract

Object: Pandemic consequences decreased social-economic indicators of countries. Issues such as the poverty line, life expectancy, standard of living became more relevant. Because COVID-19 has changed the structure of the poverty line in the world. To study social condition of people of the Republic of Kazakhstan, this article analyzes the strong and weak sides of social indicators of the country based on international organisations’ indicators, the UN and the World Bank data, the formation of a new global poverty line of $1.90 in connection with the pandemic, the standard of living and the position of Kazakhstan in the world stability rating, and the M. Porter social development index.
Methods: Comparative analysis.
Results: As a result of the study, it was identified that several factors affected the social-economic development of the country. The dependence of Kazakhstan’s economic stability on social indicators was examined.
Conclusions: In accordance with the 17 goals of the 2030 Agenda for Sustainable Development, adopted by the UN in 2015, global issues such as sustainable and inclusive development, the eradication of poverty, the fight against social inequality and access to justice are relevant for states, as well as ecological situation. The famous American scientist Michael Porter studied the Social Development Index in 2013 in his research, where he uses more than 50 indicators, consisting of 3 parts. This index determines the ranking of countries in the World Sustainability Index. Economic indicators are not taken into account in this index.

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Published

2022-09-30

Issue

Section

ECONOMY