Economic and Social Development 55th International Scientific Conference on Economic and Social Development Development, vol.8, no.Vol. 2/4, pp.339-346, 2020 (Conference Book)
The article proves
that economic growth and social progress are essential features of any
dynamically developing society. Economy in terms of growth of production has a
greater ability to meet the needs of society, better adapted to the
socio-economic problems. Economic growth is a prerequisite for the achievement
of goals.
In terms of qualitatively and quantitatively
increasing globalization of economic growth in the national economy becomes an
important factor in ensuring the country's competitiveness in the world
economy. Therefore, the implementation of any model of economic growth is
impossible without the active position of the state.
In a real process of economic and social development
of the events line up in such a way that the resources of the state and its
economic policies have become leading factors of economic growth. The status of
the state in modern conditions should represent and Express the public
interest, the interests of the country as a whole. Only in such circumstances
in the economy is the balance of public and private interests in which the
freedom of satisfaction of private interest limited to just one – the interests
of society as a whole.
Economic growth of national economy will promote the
economic security of the country. Economic growth creates the conditions for
solving the problem of limited resources allows to predict the prospects of
development of society, contributes to social progress, in connection with
which the investigated subject is of special relevance.