scholarly journals AGRO-INDUSTRIAL REGIONS: DYNAMICS OF INCOME, INEQUALITY AND POVERTY

2020 ◽  
pp. 108-117
Author(s):  
A.M. Sergienko
Keyword(s):  
Economic Development ◽  
Income Inequality ◽  
Peripheral Region ◽  
Purchasing Power ◽  
Leadership Positions ◽  
Interregional Differentiation ◽  
Geographical Position ◽  
Industrial Regions ◽  
The Stability ◽  
The Impact

The results of the analysis of long-term dynamics of income, inequality and poverty in Russian agro-industrial regions are presented. The methodological background of the study is described. The specificity of changes in the considered indicators of development of agro-industrial regions against the background of Russia is revealed at different stages of economic development in the 1990s, 2000s and in the current decade. The agro-industrial regions consistently have lower incomes compared to Russia, higher levels of poverty and less significant inequalities. The impact of economic crises on the decline in the purchasing power of incomes and on the increase in poverty of residents in such regions was more noticeable than in Russia as a whole. At the same time, over more than 20 years, poverty has significantly decreased, purchasing power increased, and the regions’ lagging behind in terms of population income and overtaking in terms of poverty has decreased. Conclusions are drawn about the importance of state policy as a driver of positive changes in the dynamics of the population income and poverty in the agro-industrial regions. It is shown how interregional differentiation changed. The “leading” and “outsider” agro-industrial regions are identified at each stage of economic development. There are significant and growing differences between agroindustrial regions in terms of income, inequality and poverty. The influence of the center-periphery factor on the position of regions is revealed. The position of the peripheral region with the least prosperous situation remains stable. The stability of the positions of the peripheral region with the least favorable situation remains. The group of prosperous regions (despite the change in leadership positions) with a more advantageous geographical position is also relatively stable.

IMPACT OF GOVERNMENT DEBT ON FINANCIAL SECURITY OF UKRAINE

2017 ◽  
Author(s):  
Olena Pikaliuk ◽  
◽  
Dmitry Kovalenko ◽  
Keyword(s):  
Economic Development ◽  
Public Debt ◽  
Positive Impact ◽  
The State ◽  
Financial Security ◽  
State Budget ◽  
The Public ◽  
Debt Security ◽  
The Stability ◽  
The Impact

One of the main criteria for economic development is the size of the public debt and its dynamics. The article considers the impact of public debt on the financial security of Ukraine. The views of scientists on the essence of public debt and financial security of the state are substantiated. An analysis of the dynamics and structure of public debt of Ukraine for 2014-2019. It is proved that one of the main criteria for economic development is the size of public debt and its dynamics. State budget deficit, attracting and using loans to cover it have led to the formation and significant growth of public debt in Ukraine. The volume of public debt indicates an increase in the debt security of the state, which is a component of financial security. Therefore, the issue of the impact of public debt on the financial security of Ukraine is becoming increasingly relevant. The constant growth and large amounts of debt make it necessary to study it, which will have a positive impact on economic processes that will ensure the stability of the financial system and enhance its security.

CURRENT ISSUES OF INTERBUDGETARY EQUALIZATION

2020 ◽  
Vol 1 (12) ◽  
pp. 74-78
Author(s):  
A. A. BISULTANOVA ◽  
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Federation ◽  
Current System ◽  
Federal Budget ◽  
Financial Resources ◽  
Socio Economic Development ◽  
Interregional Differentiation ◽  
The Russian Federation ◽  
The Stability

The author touched upon topical issues of inter-budget alignment, budget provision of regions with financial resources, focusing on factors that directly affect the stability of the budget system, as well as highlighting problems in the budget sphere that require urgent attention from the authorities. It is concluded that the level of interregional differentiation continues to increase, and the modern mechanism of budget equalization requires urgent amendments and adjustments. It is emphasized that the main goals of socio-economic development of the Russian Federation related to the transition to an innovative type of development, changes in the structure of the national economy, set out in strategic documents and messages of the President of the Russian Federation and declared since 2009, are not being implemented, and the effectiveness of state economic policy and Federal budget expenditures for its implementation remains low. This indicates the need to review the current system.

scholarly journals The Impact of Foreign Direct Investment on Income Inequality in Vietnam

Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 27
Author(s):  
Quoc Hoi Le ◽  
Quynh Anh Do ◽  
Hong Chuong Pham ◽  
Thanh Duong Nguyen
Keyword(s):  
Economic Development ◽  
Income Inequality ◽  
Foreign Direct Investments ◽  
Method Of Moment ◽  
Fdi Inflows ◽  
Salary Structure ◽  
Education Levels ◽  
The Government ◽  
The Impact

Foreign direct investments (FDI) is an important determinant of economic growth. FDI does not only contribute to the growth and economic development but also affects income through contributing to economic development and the impact on employment and salary structure of developing countries. The aim of this paper is to analyze the impact of FDI on income inequality in Vietnam. This study is the first attempt to examine the impact of FDI on income inequality under the constraints of the institution and education levels. To address the potential endogeneity problem, this study adopts Genernalized Method of Moment (GMM) model to conduct the estimation. A two-step GMM model with robust standard errors is used in the study. Empirical results show that FDI tends to increase income inequality in Vietnam and the existence of a non-linearity relationship between FDI and income inequality is also validated. Moreover, the study finds that the effects of FDI on income inequality are different depending on the level of education and institutions of the host provinces in Vietnam. The results of this study imply that, in order to ensure sustainable development, Vietnam’s policies should focus on improving the quality of economic governance and the administrative reform efforts of the government of the provinces and cities. Besides, policies should focus on increasing investment in public education and improving human capital, which not only can reduce income inequality but also can attract more FDI inflows.

scholarly journals ASSESSMENT OF THE IMPACT OF INCOME INEQUALITY ON ECONOMIC GROWTH IN RUSSIAN REGIONS

2021 ◽  
Vol 2 ◽  
pp. 106-110
Author(s):  
Rogneda Vasilyeva ◽  
Oleg Mariev ◽  
Elena Ignatieva ◽  
Alla Serkova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Inequality ◽  
Capital Investment ◽  
Cultural Development ◽  
Russian Regions ◽  
Socio Economic Development ◽  
Per Capita ◽  
Fixed Capital Investment ◽  
The Impact

Inequality in the distribution of income of the population has a certain impact on different aspects of the economic and socio-cultural development of countries and regions. This inequality arises due to a number of factors as the current nature of the production specialization, the availability of production and economic infrastructure, the achieved level of development of the social sphere, socio-cultural, demographic, and other factors. The main objective of this study is to assess the nature and extent of the impact of income inequality in the Russian regions for the subsequent justification of the directions of socio-economic development. We conducted an econometric analysis of the impact of intraregional income inequality (the Gini coefficient), fixed capital investment per capita, and average per capita consumer spending on one of the main indicators of regional economic growth (GRP) per capita was carried out. The model is based on panel data for the period 2012-2018 for 85 regions of the Russian Federation. The results of the study confirm two of three hypotheses. As prospects for further research, it is proposed to consider the impact of inequality in the distribution of household income on economic growth for different groups of regions, including resource-type regions and regions with a predominance of manufacturing industries, as well as for leading regions and regions with a relatively low level of socio-economic development.

Chasing Disparity: Economic Development Incentives and Income Inequality in the U.S. States

2020 ◽  
Vol 20 (4) ◽  
pp. 462-488 ◽  
Author(s):  
Joshua M. Jansa
Keyword(s):  
Economic Development ◽  
Income Inequality ◽  
Development Policy ◽  
State Governments ◽  
Economic Development Policy ◽  
Economic Development Incentives ◽  
Using Data ◽  
Development Incentives ◽  
The Impact ◽  
Redistributive Effect

Political scientists and policy scholars have traditionally looked at the role of welfare and tax policies in shaping income inequality. Less attention has been paid to the key policy area of economic development. But states spend billions on economic development incentives each year to encourage firms to locate in their state. The few studies that have examined the impact of economic development policy on inequality have found mixed results, and have not considered who shapes and benefits from economic development policy when identifying possible causal mechanisms. I argue that increased incentive spending leads to increased inequality through either a market conditioning effect (incentives disproportionately boost the incomes of top earners prior to taxes) or a redistributive effect (incentives allow wealthy firms, investors, and employees to keep income that would otherwise be taxed and transferred). These mechanisms are tested using data on incentive spending and inequality across the 50 states from 1999 to 2014. The findings demonstrate that incentives increase income inequality via a redistributive effect only. This effect, though, is relatively large, long-lasting, and robust to different measures of incentive spending. Despite using economic development incentives to try to generate greater prosperity, state governments may be inadvertently exacerbating inequality.

scholarly journals THE STUDY OF THE TERRITORIAL AND SECTORAL STRUCTURE OF THE RUSSIAN ECONOMY IN THE CONTEXT OF INTERREGIONAL INTEGRATION: TO THE FORMULATION OF THE PROBLEM

2021 ◽  
pp. 108-116
Author(s):  
A. Ya. Trotskovsky ◽  
A. M. Sergienko ◽  
L. V. Rodionova ◽  
Yu. A. Perekarenkova ◽  
M. A. Sundeeva
Keyword(s):  
Economic Development ◽  
Industrial Structure ◽  
Driving Forces ◽  
Regional Growth ◽  
Agrarian Economy ◽  
Sectoral Structure ◽  
Russian Economy ◽  
Socio Economic Development ◽  
Industrial Regions ◽  
The Impact

The authors, taking into account the existing developments, reveal the scientific relevance of the topic, which consists in verifying the existing concepts of regional growth driving forces in relation to regions with an industrial or industrial-agrarian economy. The authors describe the practical relevance of the study, which, according to the authors, consists in identifying the reasons inherent in the agro-industrial regions as a whole for their lag in socio-economic development. For the first time, the question of studying the territorial and industrial structure and, in particular, one of its key elements-agro — industrial regions in the context of the formation and development of integration and cooperation processes is raised. The article considers the most important aspect of the problem — the impact of integration on the development of agro-industrial regions, the possibility of the latter to enter the integration union on an equal partnership basis. The authors explain their position on this issue in a reasoned manner. The article proposes a classification of agro-industrial regions of Russia by the size of the integration potential. The classification is based on two criteria: the level of socio-economic development and the degree of the region periphery. At the end of the article, the main priority directions and tasks of the long-term development of the topic under consideration are listed.

scholarly journals Financial disbalances in the regional economy: analysis of causes and consequences

2019 ◽  
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
Consumer Price Index ◽  
Retail Trade ◽  
Capital Investments ◽  
Current Crisis ◽  
Regional Economic Policy ◽  
Balanced Structure ◽  
The Stability ◽  
The Impact

The article is devoted to the study of the analysis of the causes and consequences of financial imbalances in the economy of the regions. The purpose of the paper is to analyze the causes and consequences of financial imbalanced in the region's economy, to consider scenarios for the development of financial imbalanced, and to identify the main goals of the development of financial imbalanced and ways to achieve them. The object of the study is a certain system of indicators on the analysis of financial imbalances in the regions of Ukraine. The theoretical and methodological basis of the research is the diagnosis of indicators of financial imbalances in the economy of regions that characterize the economic development of the region's economy, namely: the number of economic entities, the volume of sales of goods (goods, services) of economic entities; the volume of retail trade, the volume of foreign trade in goods, the index of capital investments, the index of industrial products, the index of construction products, the consumer price index both in Ukraine and regions for 2013-2017 years. Based on the results of the assessment, the reasons for the financial imbalancees that arose in Ukraine during the crisis phenomena from 2014 were substantiated, an analysis of the causes of these imbalances and their forms and the impact on the stability of the financial system of the regions and the economy of the state as a whole is necessary not only to overcome the consequences of the current crisis , but also for counteracting possible crisis phenomena in the future. Scientific novelty consists in systematizing a certain number of indicators for the analysis of financial imbalances in the region's economy, and their influence on the development of regions and Ukraine as a whole is considered. The main ways to determine the causes and consequences of the planned regional economic policy, which takes into account the specifics of regions in the most important industries and aimed at solving problems that impede economic development. Along with this, the reasons and consequences of financial imbalanced in the region's economy are substantiated, as well as criteria for assessing the effectiveness of indicators that directly affect financial imbalanced in the economy of Ukraine and regions in particular. Conclusions: trends and prospects for the development of financial imbalanced in the regional economy are very important for the regions, which contributes to the formation of a balanced structure of the regional economy. Thus, the stability of the economic development of financial imbalanced implies the existence of unity, autonomy and integrity.

scholarly journals Intelligent specialization as a promising strategy for the sustainable development of industrial regions of Ukraine (the case of Kryvyi Rih industrial region)

2020 ◽  
Vol 166 ◽  
pp. 10020 ◽  
Author(s):  
Alla Lobanova ◽  
Vadym Bayura ◽  
Yriy Viznytsia ◽  
Liudmila Bratchenko ◽  
Valeriy Karitka
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Dominant Strategy ◽  
Basic Principles ◽  
The Sustainable Development ◽  
Promising Strategy ◽  
Polish Experience ◽  
Industrial Regions ◽  
Smart Technologies ◽  
The Impact

The paper discusses the basic principles of sustainable development as the dominant strategy for economic development, showcasing the features of its introduction in the major industrial regions of Ukraine. Substantiates the belief that the impact greening production useful in industrial regions, particularly in Kryvyi Rih, introduce European, including Polish experience intelligent (reasonable) specialization that takes into account the specificity of resources of the region and is based on the introduction of the latest smart technologies.

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