GENERATIONAL CYCLES AND SOCIO-ECONOMIC DEVELOPMENT OF SETTLEMENTS AS THEIR GUIDING PROGRAM

Keywords: program-oriented approach, socio-economic development, generations, economic cycles

Abstract

This article is dedicated to analyzing generational cycles and their impact on the socio-economic development of settlements. By utilizing existing research on socio-economic cycles, we identify the main phases of generational development cycles and their characteristics. Special attention is given to the interaction of generations from adjacent cycles and the consequences of these interactions for the evolution of settlements. Existing research in the field of socio-economic cycles provides theoretical foundations for understanding long-term economic and social processes. Theories of economic cycles and the interconnection between economic and social changes can be adapted to analyze generational development cycles. This allows for the creation of a model that considers both economic and socio-cultural aspects of settlement development. Additionally, an approach to creating primary social markers for a program-oriented approach, which can be applied for effective settlement planning, has been developed. Analyzing the cycles of generational socio-economic development includes identifying the main phases of these cycles, their characteristics, and their impact on the development of settlements. The interaction of generations from adjacent cycles is a key aspect that determines the dynamics of settlement evolution. The peculiarities of this interaction and its consequences have been identified, which will help develop strategies that take into account intergenerational relationships and their impact on socio-economic development. Expanding on this, the article delves into the practical applications of these theoretical frameworks. By examining the empirical data from various settlements, we can observe how generational cycles manifest in real-world scenarios, influencing urban and rural development, resource allocation, and community dynamics. The research highlights case studies where generational interactions have led to significant socio-economic transformations, either fostering growth and innovation or causing stagnation and decline. Furthermore, the article proposes a detailed methodology for creating social markers that can be used by policymakers and urban planners. These markers include demographic trends, educational attainment levels, employment patterns, cultural shifts, and value orientations of different generations. By integrating these markers into a program-oriented approach, we can enhance the precision of development plans, ensuring they are tailored to the unique needs and potentials of each settlement. The implications of this research are far-reaching, providing a robust framework for understanding and managing the complex interplay between generations and socio-economic development. This approach not only helps in anticipating future challenges but also in crafting proactive strategies that leverage generational strengths, mitigate potential conflicts, and promote sustainable development. Ultimately, this comprehensive analysis underscores the importance of considering generational dynamics in the ongoing efforts to foster resilient and thriving communities.

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Published
2024-05-31
How to Cite
Filiak, M., & Zavadovska, Y. (2024). GENERATIONAL CYCLES AND SOCIO-ECONOMIC DEVELOPMENT OF SETTLEMENTS AS THEIR GUIDING PROGRAM. Taurida Scientific Herald. Series: Economics, (20), 167-173. https://doi.org/10.32782/2708-0366/2024.20.19