The impact of gender pay on welfare in the Republic of Moldova. Summary of the doctoral thesis in economics

Abstract

The topic of the research theme and the importance of the problem relevance of the research topic and the importance of the addressed issue lie in the role of social policy as a component of the economic policy framework in the economic and social development of the country. This is true both in terms of financial resources for funding public expenditures through ensuring a fair social environment and in terms of economic growth. The functioning of a social system in a particular country determines the state of that country and ultimately the well-being of society. Under these conditions, creating a fair social system is a priority objective within the state's socio-economic policy. In a globalized and dynamic economic context, characterized by rapid changes and increasing economic interdependence, as well as recent economic crises, there is a pressing need for interventions to adapt socio-economic policies to the new realities of society. Adapting social systems to these realities requires a flexible and innovative approach that ensures both the sustainability of public finances and promotes inclusive and sustainable economic growth. The relationship between gender equality policy and economic growth is complex and multifactorial. Empirical studies have shown that well-designed social policies can stimulate private investments, increase productivity, and facilitate job creation. However, the effects of social policy on economic growth can vary depending on the macroeconomic context, the economic structure of the country, and the characteristics of society. Beyond its primary role in generating revenue for the state budget, socio-economic policy is a powerful tool for influencing economic behavior, promoting social equity, and achieving sustainable development goals. Through gender-based social equity, governments can encourage investments, innovation, sustainable consumption, and reduce inequalities.