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Social policy: Challenges, opportunities, outlook

Vol. 25, Iss. 2, FEBRUARY 2019

Received: 25 December 2018

Received in revised form: 14 January 2019

Accepted: 28 January 2019

Available online: 28 February 2019

Subject Heading: FISCAL SYSTEM

JEL Classification: Н53, Н55, I32, J11

Pages: 426–442

https://doi.org/10.24891/fc.25.2.426

Savina T.N. National Research Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation
savinatn@yandex.ru

https://orcid.org/0000-0002-8222-052X

Erastova K.O. National Research Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation
erast0@mail.ru

https://orcid.org/0000-0003-2442-6973

Lebedeva O.N. National Research Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation
olga.lebedeva.1997@yandex.ru

ORCID id: not available

Subject The social policy is a dynamic object of research, which characterizes quite accurately the policy of the entire State. In modern conditions, the efficiency of its measures is designed to ensure the stability of the State, both socially and politically.
Objectives The purpose is to assess the efficiency of the government social policy.
Methods The study rests on general scientific methods of cognition, like methods of structural and functional analysis, dialectical and logical unity methods, traditional techniques of economic analysis and synthesis, as well as specific methods to assess the condition of the social policy.
Results In the process of assessing the efficiency of social policy, we identified a number of problems. We reviewed and summarized the results of socio-economic studies on the middle class assessment in Russia, estimated the level of household income differentiation, offered recommendations for improving the social policy efficiency.
Conclusions The modern social policy is characterized by low efficiency. Therefore, it requires targeted measures in the field of tax policy and socio-economic regulation. The findings may be used by public authorities to justify the social policy at the macro- and meso- level, while designing programs and strategies for socio-economic development of the region, the doctrine of social security, and by employment services.

Keywords: social policy, household income, middle class, subsistence minimum

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