DYNAMICS AND STRUCTURE OF INVESTMENTS IN UKRAINE: A “DIVERGENCE TRAP” OF THE TECHNOLOGICAL FUTURE

2021 ◽  
Vol 2021 (8) ◽  
pp. 56-67
Author(s):  
Tamara PANFILOVA ◽  
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Institutional Environment ◽  
Technological Development ◽  
Economic Transformation ◽  
State Regulation ◽  
Medium Term ◽  
Investment Activity ◽  
Technology And Innovation ◽  
Future Production

The globalized economy is entering a difficult period of technological transformation in the context of the Fourth Industrial Revolution. Studies of leading international organizations (UNIDO, UNCTAD, WEF) on the conceptual directions of technological change and the readiness of different countries around the world for future changes have shown their significant stratification. The main drivers of future production are: “technology and innovation,” “human capital,” “global trade,” “investment,” “institutional environment” and “financial resources.” Ukraine has been identified as an “immature” country, i.e. one that is not ready for future technological changes and needs increased attention to the transformation of the institutional environment, technology and innovation, access to finance, industrial structure, and so on. The “immaturity” of the Ukrainian economy is due to the crisis of investment activity in 2010-2021, when the share of capital investment in GDP averaged only 15.5%. The structure of foreign and capital investments by type of industrial activity is dominated by investments in low-tech industries. The share of foreign and capital investment in education and health care does not exceed 1–1.5% of the total, which in the medium term may reduce the quality of human capital. Given the outlined trends in the medium term in Ukraine there is a high probability of forming a “divergence trap” of technological development with global trends in the formation of the digital economy and Industry 4.0. In view of this, Ukraine needs to intensify state regulation in the field of investment, develop its own unique strategy for future production and economic transformation. At the same time, a double approach is possible: with the transition of some industries to the latest paradigm of technological growth, and others to the modernization of traditional technologies.

Economical and Technological Foresight and Firms Development Strategy

2015 ◽  
Vol 4 (4) ◽  
pp. 43-54 ◽  
Author(s):  
Свирчевский ◽  
Vadim Svirchevskiy ◽  
Юсим ◽  
Vyacheslav Yusim ◽  
Бобков ◽  
...  
Keyword(s):  
Development Strategy ◽  
Production Systems ◽  
Technological Development ◽  
Expert Assessment ◽  
Medium Term ◽  
New Approach ◽  
Future Production ◽  
Technological Structure ◽  
The Law

In the article a new approach to the development of strategy of commercial organization development is offered. Authors enter the new concept “economical and technological foresight” which is understood as an expert assessment of the strategic directions of social and economic and innovative development, of identification of the technological breaks capable to make impact on economy and society in the medium-term and long term on the basis of the theory of economical and technological development of firm. It is shown how on the basis of the regularities revealed within the theory of economical and technological development of firm it is possible to prove tendencies and laws of development of last, modern and future production systems. It is shown how to use the law of alternation of economical and technological structure of firm and the law of growth of economically justified volumes of release in the development of production systems.

Variations in Human Capital Investment Activity by Age

2002 ◽  
Vol 61 (1) ◽  
pp. 109-138 ◽  
Author(s):  
Patricia A. Simpson ◽  
Martin M. Greller ◽  
Linda K. Stroh
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Investment Activity

scholarly journals MULTI-LAYERS OF THE AGRARIAN SECTOR OF ECONOMY: KEY PROBLEMS AND DEVELOPMENT FACTORS

2021 ◽  
Author(s):  
O. V. Isaeva ◽  
Keyword(s):  
Structural Changes ◽  
Agricultural Sector ◽  
Institutional Environment ◽  
Technological Development ◽  
Financial Economic ◽  
Climatic Conditions ◽  
State Regulation ◽  
Agricultural Management ◽  
Sociological Research ◽  
Industrial Complex

Purpose: to identify, study and analyze the main factors that determine the level and direction of development of various categories of farms in the country's agricultural sector. Materials and methods: the research is based on the use of sociological research, systemic study and data generalization methods, analytical method. The objects of research were representatives of various forms of agricultural management, specialists from agricultural departments, municipalities, and the regional ministry of agriculture. Results. The analysis of scientific literature on the research theme showed that the formation of a competitive and effective agro-industrial complex in Russia depends on the degree of impact of various factors on the activities of various economic agro-entities. In order to clarify and assess the degree of impact of factors that determine structural changes in the development of various forms of agricultural management in Rostov region, the opinion of participants in the production sector and management structures of the agro-industrial complex was studied, a ranking of the factors under consideration was compiled, and a map of factors was proposed. Conclusions: the study of the factors determining the development vector of various forms of agricultural management allows us to say that modern native agriculture is determined by the influence of a whole complex of various circumstances, namely: directions and measures of state regulation and support, financial, economic and natural-climatic conditions of agricultural entities functioning, the level of technical and technological development, the presence of a developed processing, logistics and marketing infrastructure, the development of integration processes in industry, etc. In this regard, there is an objective need to improve the system of state regulation, the formation of organizational and economic instruments and mechanisms, as well as the corresponding institutional environment, ensuring the leveling of the influence of problems and development factors and the positive results of the functioning of the country's multi-structured agriculture.

scholarly journals Research on the Impact of Human capital on the Transformation and Upgrading of China’s Industrial Structure from the Perspective of Low Carbon Development

2021 ◽  
Vol 275 ◽  
pp. 02038
Author(s):  
Yiwen Gao
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Industrial Structure ◽  
Empirical Test ◽  
Panel Data Analysis ◽  
Relevant Literature ◽  
Economic Transformation ◽  
Low Carbon ◽  
The Government ◽  
The Impact

From the perspective of low-carbon, this paper analyzes the impact of human capital on the transformation and upgrading of China’s industrial structure. Firstly, it combs the relevant literature, then theoretically analyzes the mechanism of human capital on the transformation and upgrading of China’s industrial structure, and then selects the energy consumption data of 30 provinces, autonomous regions, and municipalities (excluding Tibet, Hong Kong, Macao, and Taiwan) from 2006 to 2016 Human capital data, using panel data analysis for empirical test. The results show that human capital has a positive effect on the low-carbon transformation and upgrading of industrial structure, but there are some differences in the effect on the whole country and different regions in the East, middle and West. Finally, from the perspective of the government, enterprises, schools and individuals, this paper puts forward some countermeasures and suggestions, such as responding to the economic transformation and low-carbon economy policies, strengthening human capital investment, and accelerating the cultivation of low-carbon talents.

scholarly journals Strategic foresighting as a justification tool for staffing needs of agricultural sector of the region

2021 ◽  
Author(s):  
M. A. Kholodova ◽  
Keyword(s):  
Human Capital ◽  
Regional Economy ◽  
Agricultural Sector ◽  
State Regulation ◽  
Educational Institutions ◽  
Agricultural Producers ◽  
Investment Activity ◽  
Study Results ◽  
The Creation ◽  
Staffing Needs

Purpose: to develop and justify methodological approaches to planning and forecasting the future needs of the agricultural sector of the regional economy in the demanded human capacity. Materials and methods. The methodological research tool is based on the strategic foresighting technologies, which includes a set of quantitative, qualitative and mixed forecasting methods. The methodology and computational and analytical tools for planning and forecasting the agricultural sector demands in highly qualified staff is based on situational, competence, systemic approaches and contributes to the transition from scenario forecasting to the “triple helix” approach. The agrarian sector of the regional economy was the object of the study. Results. The crucial issues of human capital in agriculture in Rostov region are identified and systematized. A methodology for forecasting the staffing needs of the agricultural sector, the key indicators of which are the admission quotas to agricultural educational institutions and the creation of conditions for ensuring the graduate employability has been developed. The methodology assumes not only the development of forecasting staffing in the industry for the medium and long term, but also their annual adjustment based on the real needs of agricultural producers, taking into account the competence approach, the level of investment activity in the industry and the scale of the material and technical base renewal. Conclusions. It has been proven that the key purpose of foresighting technologies is to build a promising model of human capital of the industry, taking into account the needs of agricultural producers and the capabilities of agricultural educational institutions. It is substantiated that the proposed methodology will contribute to the creation of a system of objective state regulation of higher and extended agricultural education at the regional level.

STRATEGY OF LIBERALIZATION AND PROBLEMS OF STATE REGULATION OF AZERBAIJAN ECONOMY

2019 ◽  
Vol 86 (3) ◽  
pp. 139-151
Author(s):  
G. Z. Yuzbashieva ◽  
A. M. Mustafayev ◽  
R. A. Imanov
Keyword(s):  
Economic Growth ◽  
Social Protection ◽  
State Intervention ◽  
Economic Transformation ◽  
State Regulation ◽  
Economic Relations ◽  
The Public ◽  
Private And Public ◽  
Sectoral Development ◽  
Market Relations

The indicators that determine the change in the macroeconomic situation in the economy of Azerbaijan in 2010–2017, as well as the conditions for increasing the effectiveness of state intervention in solving economic problems are analyzed. It is noted that it is not the size of the public sector that becomes important, but its qualitative component (management and redistribution of resources and revenues, coordination of government intervention in economic relations). The main reasons limiting economic growth are identified, and the mechanisms for overcoming them are disclosed, since economic growth is of particular importance in the transformational period of state development. It substantiates the assertion that the forms and methods of state regulation should be the result of a reasonable combination of the private and public sectors of the economy to more effectively achieve the goal of economic development of the country and increase the welfare of the population. To this end, it is advisable to limit the actions of market forces and find a rational ratio of market and government measures that stimulate economic growth and development.It is shown that in the near future the development of the economy of Azerbaijan should be focused on the transition to the integration of various models of economic transformation; at the same time, “attraction of investments” should be carried out by methods of stimulating consumption, and the concept of a socially oriented economy, which the state also implements, should prevail, thereby ensuring social protection of the population and at the same time developing market relations. Disproportions in regional and sectoral development are also noted, which are the result of an ineffective distribution of goods produced, inadequate investment in human capital, a low level of coordination and stimulation of economic growth and development.

'Planning Economic Integration7, by L.B.M. Mennes, Rotterdam University Press, 1973.

1973 ◽  
Vol 12 (4) ◽  
pp. 438-439
Author(s):  
G. M. Radhul
Keyword(s):  
Economic Integration ◽  
Point Of View ◽  
Planning Model ◽  
Integration Policy ◽  
Medium Term ◽  
Future Production ◽  
Planning Models ◽  
Partici Pant ◽  
The Impact ◽  
Integration Area

The book under review deals with economic integration among deve¬loping countries from the point of view of planning. The author believes that it is useful to approach economic integration from a planning point of view and to develop planning models for it, because the theory of economic integration relevant for developing countries should be directed towards the impact of integration on future investments and future production. The type of models used in the book are the multisector linear programming models and the method of analysis is essentially a comparison of two situations; one with economic integration and the other without. For each prospective partici¬pant a medium term planning model is drawn up taking account of its economic situation in some base year. The results of these single country planning models are analysed and compared to those of a similar planning model for the integration area as a whole. The consequences of the integration policy are then evaluated.

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