scholarly journals Forsight in Ukraine: problems of organization in the context of world practice

2021 ◽  
Vol 2021 (1) ◽  
pp. 102-115
Author(s):  
Lidiia Kuznetsova ◽  
◽  
Oleksandr Bilotserkivets' ◽  
◽  
Keyword(s):  
World Economy ◽  
High Tech ◽  
Research Attention ◽  
The World ◽  
Domestic Prices ◽  
Future Economic Development ◽  
Almost All ◽  
The Cost ◽  
National Economies ◽  
Education Science

The article presents the results of a research on world and European experience of foresight research. Attention is focused on the organization of foresight research and institutional support of foresight in EU countries. The authors substantiate the necessity of expanding the practice of foresight research in Ukraine in the conditions of those changes in the nature of the world economy that occur under the influence of the COVID-19 pandemic and on the verge of upcoming change in the Kondratiev long cycles. Current trends in the world economy facilitate access to foreign markets, but at the same time create certain risks for national economies. Increasing competition between domestic and foreign producers for many countries means the bankruptcy of domestic enterprises, especially medium- and high-tech ones, which are unable to compete with corporations that are more powerful. Domestic prices for almost all goods increasingly depend on prices in other markets, which can form imbalance between the cost and price of labor and destroy the labor market, increasing migration of the working population, especially those with high levels of human capital, which reduces the country's opportunities in education, science and production and even multiplicatively affects economic growth. In these conditions, it becomes extremely important to determine the guidelines for future economic development and society, which actualizes the whole range of foresight research. For Ukraine, where foresight research is limited, the experience of those countries where foresight has become an integral part of strategic planning is vital. The article is devoted to the study of this experience, which identifies the basic organizational measures of foresight research, the main aspects of foresight institutionalization and the problems that hinder the development of foresight in Ukraine

scholarly journals Forsight in Ukraine: problems of organization in the context of world practice

2021 ◽  
Vol 2021 (1) ◽  
pp. 127-144
Author(s):  
Lidia Kuznetsova ◽  
◽  
Oleksandr Bilotserkivets' ◽  
◽  
Keyword(s):  
World Economy ◽  
High Tech ◽  
Research Attention ◽  
The World ◽  
Domestic Prices ◽  
State Registration ◽  
Future Economic Development ◽  
Almost All ◽  
The Cost ◽  
Education Science

The article presents the results of a research on world and European experience of foresight research. Attention is focused on the organization of foresight research and institutional support of foresight in EU countries. The authors substantiate the necessity of expanding the practice of foresight research in Ukraine in the conditions of those changes in the nature of the world economy that occur under the influence of the COVID-19 pandemic and on the verge of upcoming change in the Kondratiev long cycles. Current trends in the world economy facilitate access to foreign markets, but at the same time create certain risks for national economies. Increasing competition between domestic and foreign producers for many countries means the bankruptcy of domestic enterprises, especially medium- and high-tech ones, which are unable to compete with corporations that are more powerful. Domestic prices for almost all goods increasingly depend on prices in other markets, which can form imbalance between the cost and price of labor and destroy the labor market, increasing migration of the working population, especially those with high levels of human capital, which reduces the country's opportunities in education, science and production and even multiplicatively affects economic growth. In these conditions, it becomes extremely important to determine the guidelines for future economic development and society, which actualizes the whole range of foresight research. For Ukraine, where foresight research is limited, the experience of those countries where foresight has become an integral part of strategic planning is vital. The article is devoted to the study of this experience, which identifies the basic organizational measures of foresight research, the main aspects of foresight institutionalization and the problems that hinder the development of foresight in Ukraine. The publication was prepared within the research project on "Institutional and organizational basis for the foresight research "Economy of Ukraine – 2050” « (state registration No 0121U108846).

scholarly journals Fundamentals of analytical assessment of the secondary sector of economy

2020 ◽  
Vol 19 (4) ◽  
pp. 1-11
Author(s):  
Iryna Sierova ◽  
Hanna Svydlo ◽  
Viktoriia Derykhovska ◽  
Zine Barka
Keyword(s):  
National Economy ◽  
Structural Changes ◽  
General Scheme ◽  
High Tech ◽  
Secondary Sector ◽  
The World ◽  
Close Relationship ◽  
Industrial Group ◽  
The Cost ◽  
National Economies

Current trends in the socio-economic development of the world community have predetermined a close relationship between the parameters of the dynamics of national economies and their structural proportions. Changes in the quantitative proportions and the qualitative state of the world economy as a system determine the trend in the dynamics of the sectoral structure of the national economy. Despite the post-industrial nature of the development of countries with market economies, the source of their structural changes remains domestic economic growth, which is caused by the redistribution of capital and labor in high-tech manufacturing industries. Therefore, the purpose of this study is to formulate a general scheme for the correct assessment of the secondary sector of the Ukrainian economy based on the possibility of using analytical generalizations. The object of research is the structure of the types of activities that form the secondary sector of the national economy. The dynamics of this sector is largely determined by price characteristics. Therefore, in the analysis of reproduction processes, structural proportions associated with different price elasticities are taken into account. Since the basis for the formation of the price of products is the cost of their production, and the quantitative proportions of the economy determine the setting of new strategic goals, the article traces the dynamics of the relationship of zones and states of balanced indicators that reflect the activities of an industrial group as one of the forms of business organization. Reduction of dynamics indicators to one base allows them to be compared at all levels of generalization of data and to track trends that more accurately reflect the real state of the secondary sector of the national economy.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

Neuroscience20 (BRAIN20, SPINE20, and MENTAL20) Health Initiative: A Global Consortium Addressing the Human and Economic Burden of Brain, Spine, and Mental Disorders Through Neurotech Innovations and Policies

2021 ◽  
pp. 1-39
Author(s):  
Kevin Morris ◽  
Mohammad Nami ◽  
Joe F. Bolanos ◽  
Maria A. Lobo ◽  
Melody Sadri-Naini ◽  
...  
Keyword(s):  
Mental Disorders ◽  
Neurological Disorders ◽  
World Economy ◽  
Disease Burden ◽  
The United States ◽  
Fast Tracking ◽  
The World ◽  
Life Threatening ◽  
The Cost ◽  
The Impact

Neurological disorders significantly impact the world’s economy due to their often chronic and life-threatening nature afflicting individuals which, in turn, creates a global disease burden. The Group of Twenty (G20) member nations, which represent the largest economies globally, should come together to formulate a plan on how to overcome this burden. The Neuroscience-20 (N20) initiative of the Society for Brain Mapping and Therapeutics (SBMT) is at the vanguard of this global collaboration to comprehensively raise awareness about brain, spine, and mental disorders worldwide. This paper aims to provide a comprehensive review of the various brain initiatives worldwide and highlight the need for cooperation and recommend ways to bring down costs associated with the discovery and treatment of neurological disorders. Our systematic search revealed that the cost of neurological and psychiatric disorders to the world economy by 2030 is roughly $16T. The cost to the economy of the United States is $1.5T annually and growing given the impact of COVID-19. We also discovered there is a shortfall of effective collaboration between nations and a lack of resources in developing countries. Current statistical analyses on the cost of neurological disorders to the world economy strongly suggest that there is a great need for investment in neurotechnology and innovation or fast-tracking therapeutics and diagnostics to curb these costs. During the current COVID-19 pandemic, SBMT, through this paper, intends to showcase the importance of worldwide collaborations to reduce the population’s economic and health burden, specifically regarding neurological/brain, spine, and mental disorders.

FINANCIAL GLOBALIZATION OF THE WORLD ECONOMY

2017 ◽  
Author(s):  
Tamara Makukh ◽  
Keyword(s):  
World Economy ◽  
Financial Regulation ◽  
High Tech ◽  
Credit System ◽  
Early Effect ◽  
Economic Productivity ◽  
Total Debt ◽  
Long Run ◽  
The World ◽  
Debt Market

The article analyses the main trends in the world economy through the prism of the current global financial and credit system. Various forecasts for the development of the world economy were assessed and noted that they do not correspond to real trends and patterns. These forecasts cannot assess the conceptual principles of the structure of the financial and credit base of the economy. Such forecasting is carried out on the principles of the achieved indicators and the developed methods of estimation of disturbances in the financial markets. The specificity of the state of the debt market is indicated, which allows to develop the economy only by increasing the total debt obligations, which leads to a complete loss of profitability of debt securities. It is proved that no defaults and debt write-offs do not renew the economy; these instruments only restart the mechanism of holding the debt market. Such development is a direct consequence of liberal regulation and a departure from the full functions of money, which leads to a conceptual change in the paradigm of the financial system. The limitations of the dominant concept of the financial and credit system, which was based on the basic foundations of the Bretton Woods Conference, were revealed. Criteria for financial regulation of a market economy have been identified and substantiated, which have exhausted their effectiveness and do not guarantee an early effect, but are only immediate. It is noted that the global pandemic and financial infusions to overcome it are a tool for accumulating total debt in the long run. The primary measures for debt restructuring are indicated, namely the support of low-debt fundamental companies that will meet the objective basic needs of innovative companies. Factors of economic development are explained: growth of economic productivity, short-term and long-term credit cycles and political component. It is indicated that productivity determines the priority of society's development in the long run, and the element of its implementation is knowledge in the absence of political dictate, which will form a new financial and credit mechanism. High-tech knowledge is needed to ensure productivity development, so investing in education and knowledge without different dogmas can bring the world economy to a new level of efficiency.

scholarly journals HORIZONS OF RESEARCH IN GEOGRAPHY OF THE WORLD ECONOMY

HERALD ◽  
2017 ◽  
Vol 8 (20) ◽  
Author(s):  
Vladimir Alexandrovich Kolosov ◽  
Elena Alexandrovna Grechko ◽  
Xenia Vladimirovna Mironenko ◽  
Elena Nikolayevna Samburova ◽  
Nikolay Alexandrovich Sluka ◽  
...  
Keyword(s):  
Developing Countries ◽  
Division Of Labor ◽  
Global Economy ◽  
World Economy ◽  
Spatial Organization ◽  
Modern World ◽  
High Tech ◽  
Research Activities ◽  
The World ◽  
The Impact

The advent of "world economic transition" and the formation of a multipolar world is closely linked, according to experts, with loss of globalization advances, which strengthens regionalism, increases diversification and fragmentation of the modern world, creating risks and threats to the world development. In this light studying the spatial organization of the global economy becomes more important, and at the same time that complicates the choice of priorities in the research activities of the Department of geography of the world economy, Faculty of Geography, Moscow State Lomonosov University in 2016-20, requiring a new research “ideology”. The article summarizes some ideas expressed by the department staff. It specifies that concept of territorial division of labor, as well as the defined set of key actors in the world economy and common assumptions regarding their contributions to its development needs a significant revision. The above firstly concerns giant developing countries, in particular rapidly growing China – a kind of locomotive entraining other developing states. Further, the impact of multinationals on the overall architecture and the territorial organization of the global economy becomes more and more tangible. This phenomenon requires the creation of a new scientific area of concern – the corporate geography as a tool to thoroughly investigate the transnational division of labor. Changes in the balance of acting forces are closely related to changes in industry composition and spatial organization of the global economy. The article raises the issues of development of such processes as tertiarization of the economy, reindustrialization and neoindustrialization, the latter being understood as an evolutionary transition to a knowledge-intensive, high-tech, mass labor-replacing and environmentally efficient industrial production. Basing on preliminary research from the standpoint of a relatively new methodological approach – formation of value chains – the vector of "geographical transition" " in their creation from developed to developing countries was designated. This means increasing complexity of the territorial structure of the world economy and an increase in the importance of semi-periphery. A spatial projection of globalization processes in the form of emerging “archipelago of cities”, which consolidates the international network of TNCs as the supporting node frame of the global economy requires close attention and analysis. The need of comprehending the study scope in the field of geography of the world economy in medium Atlas Information Systems (AIS), which in terms of functionality belong to the upper class of electronic atlases, is noted.

scholarly journals International Trade in Goods and Services: Aspects of Monetary and Financial Relations

2020 ◽  
Vol 19 (4) ◽  
pp. 40-49
Author(s):  
E.V. Potekhina ◽  
◽  
A.D. Efremova ◽  
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
World Economy ◽  
International Division ◽  
Goods And Services ◽  
Number Of Factors ◽  
The World ◽  
The Russian Federation ◽  
National Economies

the article examines such topical problems of the world economy as the peculiarities of interaction between the subjects of the world economy, international trade, international monetary and financial relations, the role of the exchange rate for national economies. The issues of the national economy of the Russian Federation and the degree of the country’s participation in the international division of labor and its openness are considered. In this paper, using the example of Russia, the export of goods and services is analyzed, its relationship with a number of factors (exchange rate and oil price), where the main tools are methods of statistical and econometric analysis.

Akkumulationszyklen und Hegemonie

2011 ◽  
Vol 55 (1-2) ◽  
Author(s):  
Christof Parnreiter
Keyword(s):  
World Economy ◽  
Critical Discussion ◽  
Commodity Chains ◽  
Unit Of Analysis ◽  
Global Commodity Chains ◽  
The Us ◽  
The World ◽  
Us Hegemony ◽  
National Economies ◽  
Primary Unit

Cycles of accumulation and hegemony. A critical discussion of Giovanni Arrighi’s arguments on the relocation of centre and periphery of the world economy. Based on data on GDP and on stock market capitalization, the paper takes issue with Giovanni Arrighi’s notion of the “terminal crisis” of the US hegemony and the related relocation of the center of the world economy to China. While some indicators support Arrighi’s argument (e.g. the shift of the accumulation dynamic from the material to the financial sphere), others don’t. My analysis in this paper does not yield unambiguous results. Moreover, I question Arrighi’s primary unit of analysis, national economies, maintaining that such a focus downplays the recent fundamental changes in the organization of the world economy. I propose a less state-centric approach to identify centres of the world economy, which is derived from an integration of the concepts of global commodity chains and global cities.

Multinational Business and National Economic Goals

1971 ◽  
Vol 25 (3) ◽  
pp. 693-705 ◽  
Author(s):  
Raymond Vernon
Keyword(s):  
World Economy ◽  
International Communication ◽  
Social Goals ◽  
Business Activity ◽  
The Past ◽  
National Economic ◽  
The World ◽  
Business Enterprises ◽  
National Boundaries ◽  
National Economies

This essay elaborates several basic propositions. First, the extraordinary changes in international communication and international transportation during the past 40 or 50 years have profoundly altered the horizons of business decisionmakers, giving enormous stimulus to the creation of multinational business enterprises. Second, in narrow economic terms the multinationalization of business activity has added to the efficiency of the world economy. Third, the advances in transportation and communication, reinforced by the existence of multinational business enterprises, have stimulated interaction between national economies and reduced the effectiveness of national controls, particularly in advanced countries. Finally, despite the increasing porosity of national boundaries these countries have been expanding and refining their national economic and social goals in ways that require more controls at national borders or more joint controls between cooperating states.

At a Glance…: The World Economy

2015 ◽  
Vol 232 ◽  
pp. F2-F2
Keyword(s):  
World Economy ◽  
Oil Prices ◽  
Developed Countries ◽  
List Type ◽  
Monetary Policies ◽  
The World ◽  
Almost All

Following growth of 3.4 per cent each year in 2012–14, the world economy will grow by 3.2 per cent in 2015 and 3.8 per cent in 2016.Growth has been slightly weaker than expected so far in 2015 and inflation remains well below target in almost all developed countries.But deflation does not appear to be embedded and low oil prices, combined with accommodative monetary policies, should provide a boost to growth in most oil importing countries.

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