Lomachynska, Iryna A.Ломачинська, Ірина АнатоліївнаЛомачинская, Ирина Анатольевна2018-05-182018-05-182016International scientific conference "Economy and society: modern foundation for human development", October 31th, 2016 : proceedings of the conference / Leipzig univ. – Leipzig : Baltija Publishing, 2016 .https://dspace.onu.edu.ua/handle/123456789/15304Economic growth doesn’t stand to reason on its own, but in the modern conditions it only realizes in the case when it results in the achievement of social outcomes: increase in living standard, decrease in morbidity and mortality, increase standard of education, culture, achievements in social stability, decrease in inequalities, a greater level of satisfaction of the needs and rationalization of consumption. Besides, as a result of the spread of the paradigm of sustainable economic development problems of reducing inequalities in income distribution as well as the issues of rational use of natural resources and environmental protection, preservation of moral values and national security without hypertrophied military build-up gain in importance.eneconomicstandardstabilityinequalitiesGovernment expenditures in context of socialization of economic developmentArticle