scholarly journals Economic productivity and competitiveness of Ukrainian exports due to the global challenges

2021 ◽  
Vol 107 ◽  
pp. 01002
Author(s):  
Lesia Petkova ◽  
Olena Berezina ◽  
Iryna Honcharenko ◽  
Ihor Osadchenko
Keyword(s):  
Economic Policy ◽  
Global Economy ◽  
Research Result ◽  
World Market ◽  
Global Market ◽  
Economic Productivity ◽  
Iron And Steel ◽  
National Economic ◽  
Innovative Products ◽  
Productivity And Competitiveness

Productivity and economic growth are key factors to maintain and improve the competitiveness of nations in the global market. The paper analyzes the prospects for the competitiveness of Ukrainian exports in the terms of pandemic circumstances and post-pandemic recovery of the global economy. The prospects for strengthening the competitiveness of Ukraine’s economy evaluating based on the modified approach for assessing the revealed comparative advantage. The dynamics and structure of major industries exports were estimating. The research result proved that the growth of innovative products in the iron and steel industry increases its competitiveness in the world market. The established reduction of the identified comparative advantages index for the main exports positions reflects the presence of structural and technological lags in the modern structure of the national economy and requires economic policy measures aimed at long-term action. Respectively, the main goals of contemporary national economic policy aimed at promoting the export competitiveness of Ukrainian products (goods & services) have to be the stimulating of R&D, infrastructure modernization and capital deepening.

scholarly journals The Importance of Collaboration and Competition Within and Outside the OECD

2016 ◽  
Vol 11 (9) ◽  
pp. 13
Author(s):  
Ian Jackson ◽  
John McManus
Keyword(s):  
Global Economy ◽  
Cost Effective ◽  
World Market ◽  
Global Market ◽  
Conceptual Approach ◽  
Global Marketplace ◽  
Effective Manner ◽  
Challenges And Opportunities ◽  
National Governments

The purpose of this paper is to address the role of the OECD in the global marketplace. The paper highlights some current trends in the global market and the changing role of the OECD. In this context, the authors discuss various perspectives on the role of OECD in a globalized world. The authors focus on recent debates on the state of the global economy and the changing position of the OECD in the world market. The authors apply a conceptual approach combined with analyses of data and secondary material. The authors also put forward an argument for investigating what determines competition within and outside the OECD. In this context, creating markets within a global economy requires considerable stimulus on the part of national governments. This necessitates national governments working together in partnership with national and global firms to reduced bureaucracy and increase transparency to boost trade in a cost effective manner. This is seen by some economists to be a prerequisite to future competitiveness. Finally, the authors seek to demonstrate how leading countries within the OECD are building innovative capability to master the challenges and opportunities that the new emerging economies present (such as Brazil).

scholarly journals Revealed Comparative Advantages and Exports Competitiveness of Asean-5 Countries in the Global Market

2021 ◽  
Vol 7 (2) ◽  
pp. 281-290
Author(s):  
Muhammad Shahid Maqbool ◽  
Furrukh Bashir ◽  
Hafeez ur Rehman ◽  
Rashid Ahmad
Keyword(s):  
Comparative Advantage ◽  
Global Economy ◽  
World Market ◽  
Global Market ◽  
Human Capital Formation ◽  
Revealed Comparative Advantage ◽  
Electrical Machinery ◽  
Policy Makers ◽  
Competitive Disadvantage ◽  
Trade Center

This study aims at measuring the comparative advantage and competitiveness of the ASEAN-5 (Malaysia, Indonesia, Philippines, Singapore and Thailand) economies in the world market. The current study employed four indices of Revealed Comparative Advantage namely Revealed Comparative Advantage index (RCA), LnRCA, Vollrath index (RCA#) and Revealed Symmetric Comparative Advantage index (RSCA). The data for the analysis has been taken from International trade center UN-COMTRADE statistics for the exports of electrical machinery for these selected economies from 2003-2020. The findings of the analysis portray that Malaysia, Philippines, Singapore and Thailand had a comparative and competitive advantage, while Indonesia had a comparative and competitive disadvantage in the electrical machinery in the global economy. This study will be helpful for the policy makers to boost human capital formation and to increase technology transfer and innovation to enhance the competitiveness and comparative advantage.

scholarly journals Based on Entrepreneurial Culture to Discuss the Correlation between Sustainable Innovation Capability and Patent

2019 ◽  
Author(s):  
Aimin Qi
Keyword(s):  
Global Economy ◽  
World Market ◽  
Point Of View ◽  
High Tech ◽  
Innovation Capability ◽  
High Tech Industry ◽  
Entrepreneurial Culture ◽  
Sustainable Innovation ◽  
Innovative Products ◽  
Fierce Competition

Currently the rapid growth of global economy has the competition among high-tech industries develop from regional to global, and the competition becomes fierce. In face of such fierce competition in global high-tech industry, it is realized that tangible assets could no longer be the differentiation basis, but intangible assets are regarded as the differentiation capital. An enterprise with sustainable innovation would dominate the world market and enhance the international competitiveness of domestic economy. When internal entrepreneurial culture is prevalent, an enterprise would naturally promote the innovation capability. Such a point of view also explains more popular of the innovative products or services of some enterprises than those with larger scales. Aiming at employees in high-tech industry in Guanxi Province, total 500 copies of questionnaire are randomly distributed, and 337 valid copies are retrieved, with the retrieval rate 67%. The research results reveal significantly positive correlations between 1.entrepreneurial culture and sustainable innovation capability, 2.sustainable innovation capability and patent, and 3.entrepreneurial culture and patent. According to the results, suggestions are proposed, expecting to explain how a high-tech business outperforms in the changeable digital era and acquires the sustainable innovation capability and patent to grasp the opportunity.

scholarly journals The External Component of National Economic Security

2020 ◽  
pp. 425-437
Author(s):  
Olena Bulatova ◽  
Mykola Trofymenko ◽  
Oleksandr Karpenko ◽  
Eduard Fedorov
Keyword(s):  
Economic Policy ◽  
Foreign Trade ◽  
National Security ◽  
Global Economy ◽  
Economic Security ◽  
National Economic ◽  
External Component ◽  
National Governments ◽  
The Impact ◽  
National Economic Security

The purpose of this paper is to determine the impact of the foreign trade component on the formation of national economic security. Transformations occurring in the world’s economic development, the deterioration of the global financial environment, and increasing geopolitical tensions have intensified the main risks to the development of the global economy in today’s conditions. Therefore, national governments are actively using a wide range of tools to ensure economic growth and the appropriate level of competitiveness of their respective economies while ensuring national security, which is relevant for the study of the external component of national economic security. To achieve the aim, general scientific and specific research methods are used, such as methods of analysis, abstraction and synthesis (in the study of protectionism as a policy and practice, instruments of neo-protectionism); methods of classification and systematic generalization (to systematize the forms of protectionism and neo-protectionism); economic and statistical methods (to assess the impact of foreign trade on the development of national economic security). It is demonstrated that the intensification of the risks to the development of the global economy has led to the transformation of trade policies, changes in the use of foreign trade regulation instruments, which affects the economic security of various countries as a major component of their national security. The modern trade and economic policy toolbox used by various countries to ensure national security is analyzed. A comparative analysis of the development of foreign trade of the EU and Ukraine has been carried out, and the features of the influence of the foreign trade component on the formation of economic security have been determined. It is demonstrated that, in the conditions of a global economic crisis, hidden forms of protectionism implemented at various levels of economic policy (global, regional, national), have spread. A classification of specific features and forms of neo-protectionism, that distinguish it from protectionism, is proposed. It is substantiated that global processes encourage national governments to implement deregulatory measures and improve the quality of institutions, while regulated economies contribute to the spread of corruption and grey areas in national economies.

scholarly journals SBERBANK OF RUSSIA'S RATING ON THE NATIONAL AND GLOBAL MARKET

2021 ◽  
Vol 1 (1) ◽  
pp. 353-354
Author(s):  
Elena Cheklaukova
Keyword(s):  
Global Economy ◽  
World Market ◽  
Global Market ◽  
Russian Market ◽  
Current State ◽  
Analytical Information ◽  
The World ◽  
Further Development

The article analyzes the current state of Sberbank in the Russian market and its po sition in the world market. Analytical information is provided on the bank's performance in the crisis year for the global economy in 2020 and the prospects for its further development.

scholarly journals ANALISIS PENGARUH INFLASI, TINGKAT SUKU BUNGA SBI DAN NILAI TUKAR TERHADAP JUMLAH UANG YANG BEREDAR DI INDONESIA Periode 2001 s/d 2006

IQTISHODUNA ◽  
2011 ◽  
Vol 3 (1) ◽  
Author(s):  
Indah Yuliana, SE., MM,
Keyword(s):  
Exchange Rate ◽  
Inflation Rate ◽  
Research Result ◽  
World Market ◽  
Global Market ◽  
Relative Influence ◽  
Real Sector ◽  
Balance Of Trade ◽  
Trade Partner ◽  
Partner State

There are many macro economic indicators which is usually used to measure wheel growth of state, for example that is inflation, exchange rate, rate of interest storey; level and also the amount of money supplies in state. Distortion movement of difficult exchange rate in order to be known and forecasted. it exchange rate very base on various factor, among others that is moneys amount and inflation circulating. Moneys amount circulating by relative influence exchange rate. Whether in home affairs and in international world. A currency will decrease the value of if moneys amount circulating more. Each there is sign indicating that the amount of moneys circulating to grow swiftly hence surely the money available in number many and the him of declining. Strength of economics fundamental a state in emulation in world market reflected to through dealt only with state currency value is other state. If real sector can print surplus to trade partner state, relatively will strengthen and improve currency value and if real sector asset productivity not optimal hence balance of trade and transaction will experience of deficit. This influence exchange rate depressions, so that have no other way to except isn't it currency on the chance of domestic product competitiveness can mount sold cheaper product to global market. This Research target is first is to see influence of inflation, rate of interest storey; level of SBI and exchange rate by simulate to moneys amount circulating in Indonesia, secondly is among inflation, rate of interest storey; level of SBI and exchange rate, which was which is dominant of influence of to moneys amount circulating in Indonesian. Analyzer the used is doubled linear regress. This Research result is ( 1) By simulate inflation, level of SBI and exchange rate have an effect on to moneys amount circulating in Indonesia period 2001 to 2006. (2) Variable mount rate of interest of SBI is dominant Variable of influence of to moneys amount circulating in Indonesia period 2001 to 2006.

The end of Alchemy of Finance and Sovereign Money (on the books by M. King “The end of Alchemy: Money, Banking and the Future of the Global Economy” and by J. Huber “Sovereign Money. Beyond Reserve Banking”)

2017 ◽  
pp. 131-141 ◽  
Author(s):  
V. Yefimov
Keyword(s):  
Economic Policy ◽  
Central Bank ◽  
Institutional Theory ◽  
Money Supply ◽  
Government Spending ◽  
Global Economy ◽  
Private Banks ◽  
Money Creation ◽  
Ministry Of Finance ◽  
Reserve Banking

The review discusses the institutional theory of money considered in the books by King and Huber, and the conclusions that follow from it for economic policy. In accordance with this theory, at present the most of the money supply is created not by the Central Bank but by private banks. When a bank issues a loan, new money is created, and when the loan is repaid this money is destructed. The concept of sovereign money involves the monopoly of money creation of the central bank. In this case the most of newly created money is handed over to the ministry of finance to implement government spending.

Destructive of deviation and economic deprivation of innovative development of enterprises of Ukraine: displays and possibilities of leveling

2018 ◽  
pp. 57-72
Author(s):  
Irina Tkachenko ◽  
Maryna Lysytsia ◽  
Viktoria Sektymenko
Keyword(s):  
Modern World ◽  
Economic Systems ◽  
Innovative Development ◽  
Economic Deprivation ◽  
Investment Activity ◽  
National Economic ◽  
Innovative Products ◽  
Economic State ◽  
Innovative Potential ◽  
State Of Affairs

Strategy of successful development of the national economic systems of countries-leaders the last years is closely related to leadership in research-anddevelopments, by appearance of new knowledge, development of hi-tech production and creation of mass innovative products. Development of innovative potential is not only a way of dynamic development and success but also backer-up of safety and sovereignty of country, to her competitiveness in the modern world. The necessity of introduction in Ukraine of європейських standards of life and exit of Ukraine on leading positions in the world defined the aim of Strategy of steady development «Ukraine 2020» approved by Decree of President of Ukraine № 5/2015 from January, 12, 2015 and plans of operating under implementation of Agreement about an association from ЕС, by the obligations of Ukraine in relation to the achievement of national Aims of steady development on a period 2030 to The basic displays of origin of economic deprivation and destructive deviation of innovative development of enterprises, lighted up questions that touch maintenance and ways of improvement of strategic management of enterprises innovative activity in the system of institutional structure of forming of innovative behavior, are certain in the article. Reformation of economy of country must take place in the conditions of maintenance of certain calls and risks, in particular, it is a threat of escalation of the battle operating on east, authenticity of worsening of the external economic state of affairs on world commodity markets, migratory processes, braking, destructive deviation and депривація of investment activity. A human capital, and also knowledge and results of scientific researches, must become basis of the Ukrainian innovative competitiveness.

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