HOUSEHOLD SAVINGS: ECONOMIC NATURE AND FACTORS OF IMPACTS

Abstract

Purpose is to analyze the international experience of formation of rural population’s income and comparing it with domestic practice; making proposals for improving this process in Ukraine for increase the standards of population’s living. Methodology of research. In the process of research used general scientific and special methods – analysis and synthesis, induction and deduction, systematization and generalization – at the justification process of formation of rural population’s income; monographic – at the study of international experience; statistical and economic - at establishing links between indicators using graphs, indices, correlation analysis. Findings. Studied international experience of formation of rural population’s income. A comparative analysis is done with domestic practice. Calculated impact of macroeconomic factors on formation of income. Determined that the wage as the main source of income of the economically active rural population is low. The share of employment in the small enterprise sector is very small. The appropriate level of income provides low purchasing power of the population. Originality. On the basis of analysis of forming of level of rural population’s income, taking into account economic and political instability, the ways of improvement of welfare of rural population are offered in accordance with international standards. Calculated that the increase of GDP of the country provides income growth of the rural population. Practical value. The results of research is the foundation for solving practical problems of formation of rural population’s income of Ukraine and improve living conditions in rural areas.