• Volodymyr Boreiko
Keywords: social policy, economic development, European social standard, living wage, minimum wage


The article deals with the effectiveness of the social policy of Ukraine during the period of independence. It is substantiated that the ultimate goal of the state’s economic tasks implementation is to provide a decent and comfortable standard of living for the population of the country, which is achieved by raising the level of social standards. The interdependence of indicators of economic development of the country and the level of social protection of its citizens is revealed. It has been determined that wages, pensions and social assistance from the state to citizens who need it should be such that all categories of the population can provide themselves and members of their families with a comfortable and dignified existence.
It is shown that the development of the Ukrainian economy and the necessity to bear significant expenses for the protection of its sovereignty does not allow it to achieve a high level of social protection and social security of the population, which often causes negative perception and generates the protest moods in society. The assessment of the compliance of the subsistence minimum and the minimum wage in Ukraine with the real needs of the population and the social European standards was conducted. It is disclosed that the subsistence minimum calculated in Ukraine does not meet European standards.
The ways of raising the level of social protection and social security of the population of Ukraine are proposed. It is recommended to approve the increasing of the coefficients to regulate the value of the minimum wages for specialists of different ranks, with different requirements to their education, qualifications, labour intensity, harmfulness and responsibility, as well as the annually to index wages and pensions outpacing pace in comparison with the growth of consumer prices for products and necessities. The necessities of carrying out medical reform, improving the quality of education, improving the demographic situation and developing a comprehensive program for creating new workplaces have been substantiated.