Quality of life as a human development determinant in the context of economic instability

Abstract

Crisis in the society leads to economic instability and, as a result, to the decrease in both the quality of life and the level of human development. The article analyzes the problem of the quality of life as a complex category and the dynamics of human development over the past decade. Based on the analysis of scientific works, the interrelationship of human development and the quality of life is shown. It is revealed that the quality of life becomes evident in the subjective satisfaction of population with life and possibility to achieve full potential; the quality of life is reflected in a number of objective characteristics. Being a complex category, the quality of life is a guarantee not only of human society development but also of human physical and social health. On the one hand, human potential and its development is the basis of social-economic growth, and, on the other, it is the basis of the population safety. In current research, a comparative analysis of the HDI ranking of a number of countries during the economic crisis is presented.