Influence of globalization factors on human development

Author:

Lebedynska Olena1ORCID

Affiliation:

1. Simon Kuznets Kharkiv National University of Economics

Abstract

The article aims to study the impact of globalization on the leading indicators of human development. The essence of «globalization» is clarified, and its content is defined. Sustainable development is crucial for overcoming the consequences of the war and rebuilding Ukraine's regions. It offers a comprehensive approach considering infrastructure, economy, society, and the environment. From an economic point of view, it includes not only economic recovery but also the wise use of resources, ensuring stability and creating new opportunities. To support the population affected by the war, it is essential to consider the social elements of sustainable development. From an environmental perspective, preserving the region's natural resources and ecosystems is necessary. In addition, support and international cooperation are vital to achieving sustainable development in Ukraine. The influence of globalization factors on human development is studied. Various aspects of globalization, such as trade, investment, migration, and technological progress, and their impact on human development indicators, such as income per capita, life expectancy, education level, and access to health care, are analyzed. These elements have been proven to highlight how important it is to adhere to the principles of sustainable development when rebuilding war-affected areas. In the process of Ukraine's recovery, implementing the principles of sustainable development will create a sustainable basis for economic growth and development, improve the population's quality of life, and reduce the risks of recovery. The study is based on data from various sources, including the World Bank, the United Nations, and the International Monetary Fund. It is proved that the successful implementation of the concept of sustainable development in Ukraine requires support and cooperation with other countries. Particular attention should be paid to sustainable development programs directly funded and supported by international organizations and partners, which is an essential element of support for the recovery of war-affected regions of Ukraine and emphasizes the importance of researching the impact of globalization on human development indicators. Keywords: globalization, human development, migration, life expectancy, level of education, health care.

Publisher

Drukarnia Madryd

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