The Importance of Ensuring The Economic Well-Being of The Population Through The Development of Social Sectors
DOI:
https://doi.org/10.31150/ajebm.v8i5.3617Keywords:
economic well-being, human capital, sustainable development, employment, labor market, social protection, public policy.Abstract
This article analyzes the impact of social sectors - namely, education, healthcare, social protection, employment and housing - on economic well-being in society. The author’s analysis of the case of Uzbekistan uses analytical approaches to the attention paid by the state to the social sector, the programs being implemented and their real economic impact. The article also provides comparative analysis with international experience, justifying the impact of social investments on long-term economic stability and the standard of living of the population. As a result, it is scientifically proven that ensuring the economic well-being of the population through the comprehensive development of social sectors is an effective strategy. This article analyzes the role and importance of social sectors in ensuring the economic well-being of the population, especially such important areas as education, healthcare, social protection and employment. The development of social infrastructure directly affects the quality of life, income and labor productivity of the population. The article also substantiates that sustainable well-being can be achieved by combining economic development and social justice. In particular, the development of the education system serves to train personnel who meet the requirements of the labor market, while the effective functioning of the healthcare system ensures the health and productivity of labor resources. The social protection system, in turn, supports vulnerable segments of the population and contributes to the reduction of poverty. This article examines the reforms, state programs and their impact on the living standards of the population implemented in recent years using the example of the Republic of Uzbekistan. Based on statistical data and international experience, an in-depth analysis of the economic efficiency of the development of social sectors is provided. The results of the article may have practical significance in shaping socio-economic policy.
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