Abstract:

Within the framework of a market economy, the primary objective of a socially oriented economy is to safeguard the social interests of all segments of society and devise an effective social policy development strategy. In the absence of a functioning social system, a greater proportion of the populace is reliant on social assistance. When well-being does not increase in tandem with economic growth, individuals lose motivation to engage in productive economic endeavors. Although the labor force constitutes the primary resource, challenges related to its reproduction impede the advancement of social and economic welfare.

The objective of this study is to investigate the correlation between economic well-being and the demographic structure. By doing so, it is possible to identify the determinants that impact the socio-economic landscape and potentially apply these insights to the formulation of social policies. A shift in the demographic composition would subsequently lead to a reduction in the number of individuals requiring social assistance, thereby reallocating financial resources towards economic development. The article identifies the disruption of the demographic transition's regularity as a factor impeding economic development. In evaluating demographic transition using a dividend calculation algorithm that is constructed in accordance with population structure, conclusions regarding the asymmetric dependence of factors impeding economic development and demographic transition are derived.

The research procedure employed empirical analysis, and regression analysis was performed utilizing variables that influence the demographic dividend.