Microeconomic and Macroeconomic Aspects of the Inequality in Ukraine
The aim of the article is to study the distribution of income in Ukraine and indentify the level of inequality, as well as its causes. Official statistics do not give a real picture of the economic inequality in Ukraine. It was found out that the level of remuneration of labor is characterized by si...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
PH "INZHEK"
2017-03-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2017-1_0-pages-133_138.pdf |
| _version_ | 1797329960559443968 |
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| author | Feofanova Iryna V. Feofanov Lev K. |
| author_facet | Feofanova Iryna V. Feofanov Lev K. |
| author_sort | Feofanova Iryna V. |
| collection | DOAJ |
| description | The aim of the article is to study the distribution of income in Ukraine and indentify the level of inequality, as well as its causes. Official statistics do not give a real picture of the economic inequality in Ukraine. It was found out that the level of remuneration of labor is characterized by significant differentiation: the ratio of the minimum wage to the average wage was 0.263 in 2015. The minimum level of remuneration of managers of state companies exceeded the minimum wage in 2016 by 250 times. The share of capital in the national income in 2014-2015 grew to 50 %, which indicates the distribution of income in favor of the capital owners and the deterioration of the position of employees. The excess of the return on capital (10 %) over the average rate of economic growth (4 %) will increase the inequality in the future. The reasons for the growing inequality in Ukraine is the orientation in international competition for capital on the model of “cheap labor”, unfair taxation of income from capital, corruption, shadow economy. |
| first_indexed | 2024-03-08T07:13:51Z |
| format | Article |
| id | doaj.art-be4b68e3711c459d96da64add3eb1ff6 |
| institution | Directory Open Access Journal |
| issn | 2222-0712 2311-1186 |
| language | English |
| last_indexed | 2024-03-08T07:13:51Z |
| publishDate | 2017-03-01 |
| publisher | PH "INZHEK" |
| record_format | Article |
| series | Problemi Ekonomiki |
| spelling | doaj.art-be4b68e3711c459d96da64add3eb1ff62024-02-03T01:50:07ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862017-03-011133138Microeconomic and Macroeconomic Aspects of the Inequality in UkraineFeofanova Iryna V.0Feofanov Lev K.1Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting, Analysis, Taxation and Audit, Zaporizhzhia State Engineering AcademyCandidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting, Analysis, Taxation and Audit, Zaporizhzhia State Engineering AcademyThe aim of the article is to study the distribution of income in Ukraine and indentify the level of inequality, as well as its causes. Official statistics do not give a real picture of the economic inequality in Ukraine. It was found out that the level of remuneration of labor is characterized by significant differentiation: the ratio of the minimum wage to the average wage was 0.263 in 2015. The minimum level of remuneration of managers of state companies exceeded the minimum wage in 2016 by 250 times. The share of capital in the national income in 2014-2015 grew to 50 %, which indicates the distribution of income in favor of the capital owners and the deterioration of the position of employees. The excess of the return on capital (10 %) over the average rate of economic growth (4 %) will increase the inequality in the future. The reasons for the growing inequality in Ukraine is the orientation in international competition for capital on the model of “cheap labor”, unfair taxation of income from capital, corruption, shadow economy.http://www.problecon.com/export_pdf/problems-of-economy-2017-1_0-pages-133_138.pdfinequalityincome distributionwagescapital |
| spellingShingle | Feofanova Iryna V. Feofanov Lev K. Microeconomic and Macroeconomic Aspects of the Inequality in Ukraine Problemi Ekonomiki inequality income distribution wages capital |
| title | Microeconomic and Macroeconomic Aspects of the Inequality in Ukraine |
| title_full | Microeconomic and Macroeconomic Aspects of the Inequality in Ukraine |
| title_fullStr | Microeconomic and Macroeconomic Aspects of the Inequality in Ukraine |
| title_full_unstemmed | Microeconomic and Macroeconomic Aspects of the Inequality in Ukraine |
| title_short | Microeconomic and Macroeconomic Aspects of the Inequality in Ukraine |
| title_sort | microeconomic and macroeconomic aspects of the inequality in ukraine |
| topic | inequality income distribution wages capital |
| url | http://www.problecon.com/export_pdf/problems-of-economy-2017-1_0-pages-133_138.pdf |
| work_keys_str_mv | AT feofanovairynav microeconomicandmacroeconomicaspectsoftheinequalityinukraine AT feofanovlevk microeconomicandmacroeconomicaspectsoftheinequalityinukraine |