Economic management of the developmentsocial protection of the population

The issue of fighting poverty is especially acute today. Scientists from different countries of the world have come to a common opinion that targeting is the most important component of the existing mechanisms of social protection of the population. There is an assumption that legislative equality is not identical with social equality. Equalization of incomes of the population and strengthening of the middle class can only be achieved after the formation of targeted social protection of the population. The targeting of social guarantees should include a large list of mechanisms for its regulation, including a differentiated approach and a flexible framework focused on an individual approach. Needy families, whose incomes slightly exceed the established limits, should be able to receive social guarantees from the state in a short amount. At the same time, the establishment of criteria requires constant change, focused on the quarterly living wage of the subject in question. The statement of a fixed income in the current market conditions is unfair. When establishing targeted assistance, it is especially important to take into account the financial condition of the family, not only in terms of income, but actual expenses. It is here that each situation must be considered separately, taking into account external factors. Therefore, there arises an objective need for interaction between social protection bodies of the population with credit (financial) institutions, state tax authorities and other services through the introduction of a single database. This will make it possible to avoid receiving benefits for citizens receiving “shadow†income, as well as to save financial resources for the population in need. Support for the needy segments of the population should not be only quantitative – there should be a qualitative component. The number of planned support programs and implemented programs does not indicate an effective policy, since official statistics on the number of those in need may not correspond to the real picture and the target figures may be underestimated. As part of the implementation of programs to help the population, a conditional number of citizens may be planned, determined according to funding, however, the number of those in dire need may differ significantly. The effectiveness of the implementation of social programs can be determined by a significant reduction in the number of citizens living below the poverty line. There is an objective need to reform the current system of social protection of the population. External and internal economic factors cause changes in wages, employment levels, purchasing power, etc., all of this affects the change in the average per capita income of the population, the real size of wages, etc. To equalize incomes, support the poor and reduce social risks, it is necessary to create a new format based on the principle of targeting.