Social Indices in Risks Estimations of Financial Crisis: Case of Transition Economies

摘要

The main purpose of our research is to investigate the empirical evidence of global financial crises influence on social sector development. A specific question guiding the research was to find the most vulnerable aspects of social sector in transition economies countries and construct a complex social indicator which would allow to estimate the dynamics of social sector development in pre-crises period and determine the appropriate policy measures to minimize the negative consequences in period of after-crises recovering.As we do not have an extended data for the period after crises, for now we are not able to do any credible conclusions for the post-crises development of different aspects of social sector, but we can do cross-country comparison.