scholarly journals DETERMINANTS OF SOCIO-ECONOMIC SPACE DEVELOPMENT OF UKRAINE: THE CONCEPT OF REGIONALIZATION IN FOCUS

2021 ◽  
Vol 5 (2) ◽  
pp. 46-60
Author(s):  
O. Shandrivska ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth Potential ◽  
Structural Development ◽  
Capital Investments ◽  
Economic Space ◽  
Large Cities ◽  
Socio Economic Development ◽  
The Asymmetry ◽  
The Impact

Purpose - This article aims to present the results of a comprehensive analysis of the determinants of the socio-economic space of Ukraine in the context of applying to them the concept of regionalization. Design/methodology/approach - In the article, author use a set of scientific methods that ensured the conceptual integrity of the study, in particular: system -- to study the structural development of the economy of the regions of Ukraine; methods of dialectical reasoning, induction, deduction - to justify strategic priorities; comparative and statistical analysis - to study the peculiarities of the development of the economy of the regions of Ukraine. Findings - The following factors of influence on the structural asymmetries and disproportions of the socio-economic development of individual regions have been identified: different adaptability of regions to the urgent requirements of economic development and conditions of competition; implementation of a regional policy to support progressive activities; the need to adapt to negative external and internal shock fluctuations in a pandemic; redistribution of resources and capital in favor of more developed regions; lack of systemic structural reforms at the macroeconomic level. A high level of openness of the Ukrainian economy was recorded due to a significant excess of exports over imports. Therefore, attention is paid to the structuring of regions by the level of exports and capital investments. It is concluded that exports have a significant impact on the economic growth of regions, and its dynamics is dominantly determined not so much by the devaluation of the hryvnia, but caused by external demand. Originality/value – The paper tested and confirmed the hypothesis about the positive impact of the rate of structural transformations and the assessment of the impact of capital investments on the growth of the GRP of the regions of Ukraine is carried out. This made it possible to structure the regions in terms of the ratio of the indicator to its average Ukrainian value. The distribution of regions into groups with a high, medium and low level of economic development was made, and the nature of the asymmetry of the territorial structure of the Ukrainian economy was assessed: • the asymmetry of the regions of the first and second groups gravitates (due to concentration) towards the central and eastern regions of the country (excluding the Lviv region). These regions are noted for high rates of human and social capital development and innovative activity, have the best prospects for the development of the entrepreneurial environment, the formation of a network of enterprises that can be combined into clusters; the development of a networked economy based on local growth points; • in the context of the regions' involvement in the intensity of foreign economic exchanges, the growth potential was recorded by the city of Kiev and a group of export-oriented regions (Dnipropetrivsk, Donetsk, Zaporizhzhia, Lviv, Poltava regions). These regions should become an impetus for the development of other regions and intensify their activity through interregional cooperation to enter the global market; • development of export-oriented regions is possible either due to increased expansion to foreign markets and higher prices or fundamental modernization of industry with a low degree of technological processing of products, and resource management. Regions that have exhausted their industrial resources should direct their development towards neo-industrialization, rehabilitation or revitalization of territories; • сompliance with global urbanization trends allows to quickly restore indicators of regional economic development in the winter period (due to the influence of internal and external shocks due to strict quarantine measures). These trends are demonstrated by the capital and individual large cities that perform the functions of world financial, innovation, information and cultural centers, as well as have developed connections with the periphery. Other regions (Lviv and others) demonstrate attempts at joint development with adjсacent territories. It is noted that the strength of the connection with other regions is more pronounced in relation to the connection with the periphery. The spread of the agglomeration effect of large cities with a population of one million produces innovative, technological and other components of the development of the potential of adjacent territories, which are characterized by an increase in the indicators of the economic efficiency of industrial production. It is expected that interregional competition will develop for the right to manage resources and determine the direction of socio-economic development of territories, the formation of new centers of economic growth, which are based on flexible networks (for example, following the virtual principle of distribution of territories). Practical consequences - the results of the study can be used by government agencies and other researchers to regulate the formation and development of regional socio-economic systems.

Business Activity and Economic Growth: An Economic and Statistical Study

2020 ◽  
Vol 27 (6) ◽  
pp. 66-78
Author(s):  
A. A. Frenkel ◽  
B. I. Tikhomirov ◽  
Y. V. Sergienko ◽  
A. A. Surkov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Activity Index ◽  
Objective Assessment ◽  
Accurate Determination ◽  
Business Activity ◽  
Economic Activities ◽  
Goods And Services ◽  
Socio Economic Development ◽  
The Impact

This publication reflects the results of the author’s research on improving the domestic statistical and methodological tools used in the analysis and forecasting of the Russian economy. In this regard, the main features of the formation and application of the Business Activity Index for basic spheres of the economy of the Institute of Economics of the Russian Academy of Sciences (hereinafter, the index of business activity) are shown and substantiations of its individual advantages are given in comparison with the index of output of goods and services for the basic types of economic activities of Rosstat (hereinafter, the release of goods and services). The authors provide evidence that despite a number of positive qualities of the applied methodology for constructing the index of output of goods and services, the business activity index, according to the authors of the article, provides a more objective assessment of macroeconomic dynamics, since it includes additional indicators reflecting financial and social aspects of economic development. It is proved that the main advantages of the business activity index are manifested in a more accurate determination of the depth of crisis phenomena in socio-economic development, as well as in determining the timing of the onset and overcoming of these negative processes. The characteristics of the macroeconomic indicators that make up the business activity index are given. Methods for calculating the weights of indicators characterizing the level of business activity in various spheres of the national economy, as well as methods for determining changes in this level are considered. Changes in the dynamics of these weights are analyzed. Ways of more efficient use of business activity indices in the practice of accounting, forecasting and management of socio-economic development are proposed. The conclusion is substantiated that it is advisable to use the business activity index for macroeconomic analysis, forecasting and strategic planning, which will make it possible to more accurately assess the impact of the implementation of national projects and the social package of the message of the President of the Russian Federation on economic growth and increase the efficiency of using business activity tools in the practice of public administration of social economic development of the country.

scholarly journals Research on the Issues of Economic Growth Centres’ Establishment in the South of the Angara-Yenisei Macroregion

2020 ◽  
pp. 1736-1745
Author(s):  
Elena A. Bryukhanova ◽  
Valery S. Efimov ◽  
Nikolay G. Shishatsky
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Life Support ◽  
Raw Materials ◽  
Project Approach ◽  
Investment Projects ◽  
Socio Economic Development ◽  
The Impact ◽  
Growth Centres ◽  
Large Investment

The article considers the peculiarities and conditions for the implementation of large investment projects and the possibility of forming regional centres for promising economic growth on this basis. The authors have analysed large investment projects aimed at developing the mineral and raw materials sector in the southern regions of the Angara-Yenisei macroregion, and assessed the impact of projects on indicators of socio-economic development of territories. The article shows that the project approach aimed at implementing individual investment projects and creating growth points in the mineral and raw materials sector should be supplemented by measures aimed at developing the territorial infrastructure, stimulating small and medium-sized businesses and improving all aspects of life support for the population

scholarly journals Factors in Innovative Development of a Region

REGIONOLOGY ◽  
2019 ◽  
Vol 27 (4) ◽  
pp. 661-677
Author(s):  
Irina B. Yulenkova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
System Analysis ◽  
Necessary Conditions ◽  
Innovative Development ◽  
Regional Innovation ◽  
Factors Affecting ◽  
Comparison Results ◽  
Socio Economic Development ◽  
The Impact

Introduction. Innovation is one of the necessary conditions for economic growth and development of society. Depending on the level of processes of innovation, directions and pace of development of regions are determined in terms of qualitative transformations and the increase in basic economic indicators. The necessary conditions for innovative development and sustainable economic growth in a region include identification of factors affecting innovative activities. In this regard, the study of innovative development of regions is of particular importance and relevance. The purpose of this research is to substantiate the systematic approach to the classification of factors in innovative development of regions in the context of their influence on sustainable socio-economic development of territories. Materials and Methods. The object of this research was innovative development of a region exemplified by the case of the Republic of Mordovia. Regional statistics was used as the information base for the research. The study employed the methods of factor and system analysis, expert survey, planning, forecasting and comparison. Results. The features of the innovative development of a region have been determined. The factors affecting the innovative development of a region have been classified. According to the author, using the indicated factors makes it possible to develop a strategy for the growth of innovative activities in a region. The factors have been analyzed and it has been proved that they affect the level of regional innovation processes. Discussion and Conclusion. Determination of the institutional conditions and the impact of internal and external factors, identifying the optimal level of correlation of maximum income and minimum costs will lead to the expansion of innovative activities of enterprises in a region, which will ensure the innovative and socio-economic development of the region. The results obtained serve as the basis for assessing the attractiveness of a region in terms of investment and provide a forecast for the impact of innovation on the regional growth. The results of this research have practical relevance and can be used in the practice of stimulating innovative activities in regions.

scholarly journals THE IMPACT OF SOCIAL SECURITY ON THE COUNTRY'S ECONOMIC GROWTH: AN ANALYSIS OF PANEL DATA

2020 ◽  
pp. 181-186
Author(s):  
A. Lyulyov ◽  
Ya. Reshetnyak
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Economic Development ◽  
Social Security ◽  
Well Being ◽  
The State ◽  
Progressive Development ◽  
Gdp Growth Rate ◽  
Socio Economic Development ◽  
The Impact

The realization of Ukraine's European integration aspirations and integration into globalization processes exacerbate the challenges and threats to the national economy in the segment of protection of social interests and especially in the context of the pandemic caused by SARS-CoV-2. This raises several issues aimed at studying the theoretical and methodological, and applied aspects of the formation and development of social security at the level of the state and society, and at the level of the individual. In particular, the paper analyzes the essence and content of the concept of "social security", its types and forms of manifestation. Particular attention in the study is paid to determining the factors influencing the level of social security of the state, including through the prism of interaction on indicators of socio-economic development. A system of principles was defined on which the concept of sustainable economic growth through the prism of social security should be based, namely: the level of socio-economic development of the state, territorial integrity and inviolability of borders, improving the welfare of the population, compliance with state standards and social guarantees in the field of finance, patriotic education, completion of financial and administrative-territorial decentralization, implementation of gender-oriented policy at all levels of government, creation of appropriate working conditions, etc. Based on this, the main indicators that determine the state of social security were analyzed: level of education, level of welfare, the share of the working population, mortality rate, population growth rate, real GDP growth rate, and GDP per capita, etc. According to the results of the analysis, the problems of social security in a pandemic was identified and a set of recommendations aimed at forming a safe and progressive development of the country, increasing its competitiveness in the world economic arena, which will generally increase social guarantees and well-being as an individual and society as a whole.

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.

Impact of the Lockdown on Women Domestic Workers

2021 ◽  
Vol 67 (3) ◽  
pp. 300-313
Author(s):  
Vinita Yadav ◽  
Sherin Jacob
Keyword(s):  
Economic Development ◽  
Informal Sector ◽  
Secondary Data ◽  
Domestic Workers ◽  
Public Private Partnerships ◽  
Large Cities ◽  
Socio Economic Development ◽  
The Impact ◽  
At Home

Covid-19 pandemic impacted both life and livelihood. The lockdown severely affected economically weaker section workers who mostly belong to informal sector. Among informal sector workers, three million are women domestic workers whom pandemic forced to stay at home. Despite government’s request, employers’ resistance to release the salary impacted their socio-economic wellbeing. The announcement of stimulus packages provided limited relief. The study analyses the difficulties experienced by women domestic workers. The workers residing in large cities were the hardest hit, as many international and national organisations were closed. Using secondary data, turmoil of women domestic workers is presented. The analysis revealed the impact of lockdown and highlighted that there is a gap in implementation of law and relief measures. The study recommends adopting innovative public–private partnerships to enhance socio-economic development of women domestic workers.

THE ROLE OF ENTREPRENEURSHIP IN THE SOCIO-ECONOMIC DEVELOPMENT OF CANADA

2020 ◽  
Vol 13 (2) ◽  
pp. 168-175
Author(s):  
A.V. Sharkovа ◽  
◽  
I.A. Keylin ◽  
S.E. Shibalova ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Market Economy ◽  
Gross National Product ◽  
Economic Life ◽  
Growth Structure ◽  
Socio Economic Development ◽  
The Impact

Small and medium-sized businesses are an integral part of the market economy, without which the state cannot function effectively. SMEs largely determine the rate of economic growth, structure and quality of the gross national product, forming its significant share. This article examines the features of business in Canada, its role and place in the economy, and examines the impact of entrepreneurship on the socio-economic life of the country.

scholarly journals The Impact of Culture and Creativity on the Economy of the City

2019 ◽  
Vol 7 (1) ◽  
pp. 272-289
Author(s):  
Kaspars Plotka ◽  
Jānis Viržbickis ◽  
Jānis Zvirgzdiņš ◽  
Ģirts Zariņš ◽  
Sanda Geipele
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Urban Development ◽  
Urban Environment ◽  
Economic Activity ◽  
Growth Potential ◽  
Necessary Condition ◽  
Cultural Industries ◽  
Modern Approach ◽  
The Impact

Abstract Creativity is an important component of the economy for modern cities, and necessary condition for it is the qualitative understanding of the economic theory science. In the global competition, it plays an important role for the economic growth dynamics, which is directly related to human resource role in the modern economy. The competitiveness of the territories depends on their attractiveness to economically active individuals and the opportunities they provide with economic growth. When considering the creative and cultural industries as potential economic development factors in the urban economy, culture can be considered as a new stage in urban development based on quality of life, creativity, which provide a level of degree for balance and determine the stability of the growth potential. The development of supporting urban infrastructure is identified as one of the drivers for expansion of the cultural and recreational domains both for the political and economic development. They reflect the specific characteristics of each city, the competitiveness versus attractiveness potential, and demonstrate the potential shift from the environment for production to a potentially new consumer environment with a higher “symbolic value”. The creative industries today can serve as an urban development domain tool, creating a modern approach to economic activity in various sectors of the economy. The authors draw attention to the cluster link between creative and cultural industries in urban planning. The authors propose a methodology for assessing revenues and costs, as well as recommendations for the work of cultural organisations and institutions involved in creating a creative urban environment. The article presents data and modelling results of the economic impact calculations for two imagined cities in order to theoretically approbate the methodology, which would help assess the socio-economic effect of the development of certain clusters. The aim of the research is to identify the impact of culture and creativity on the economy of city. The calculated information for decision makers would help formulate recommendations, evaluate potential developments of the urban environment, assist in planning and networking in urban agglomerations, based on clusters of creative and cultural industries, as the post-industrial city needs to make changes in order to achieve economic growth. The development of urban cluster of creative and cultural industries has a certain multiplicative effect, i.e., impact on the development of other types of economic activity.

scholarly journals THE IMPACT OF SAFEGUARD MEАSURES IN INTERNATIONAL TRADE ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE POOREST COUNTRIES

2016 ◽  
pp. 136-143
Author(s):  
Y. K. Zaytsev
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
International Trade ◽  
Trade Restrictions ◽  
Total Trade ◽  
Protective Measures ◽  
Wide Range ◽  
Socio Economic Development ◽  
The Impact

The article discusses the role of international trade in promoting economic growth and socio-economic development of the poorest countries. The analysis of foreign trade statistics shows that the modality of the relationship between trade and economic development has changed, depending on a large number of factors, including tariff and non-tariff such measures. In the first part of the article the author examines the theoretical concepts that describe the impact of international trade on the socio-economic development of the poorest countries. Having analyzed a wide range of literature, the author identifies two approaches to the understanding the issue, "old" one establishing a direct link between trade, economic growth and long-term development, and the "new" one problematizing this link. The second part of the paper examines the place of protective measures for trade in developing countries. It shows that the removal of the protective measures as a result of trade liberalization does not always go for the benefit of developing countries. The last part of the article evaluates the impact of protective measures on trade and economic development in the poorest countries on the basis of total trade restrictions index. The author comes to the conclusion that international trade and the strengthening of export potential should be a tool, but not the key objective of national economic policy of the poorest countries.

The Problem of the Impact of Human Capital Formed in the Education System on the Socio-Economic Development of Russian Regions

2021 ◽  
Vol 9 (2) ◽  
pp. 34-37
Author(s):  
Leonid Basovskiy ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Education System ◽  
Russian Regions ◽  
Industrial Economy ◽  
Socio Economic Development ◽  
Post Industrial ◽  
The Impact ◽  
Positive Effect

The paper put forward hypotheses that the possibility of economic growth during the transition to a post-industrial economy is determined by human capital formed in the higher education system, the possibility of economic well-being in the transition to a post-industrial economy is determined by human capital formed in the tertiary system. Education, institutional transformations in the education system due to their incon-sistency and approaches based on the administrative and control style of management inherited from the industrial economic system, worsen the conditions for the formation of human capital in the education system of modern Russia. To assess the impact of the socio-economic development of human capital formed in the education system, it is proposed to perform by means of a correlation analysis of links between indicators characterizing the composition of the employed population by education level and indi-cators characterizing the socio-economic development of Russian regions by years of a twenty-year period starting from 2000 to 2019. Preliminary research has made it possible to establish that the employed population of the regions with higher education has a positive effect on economic growth in the regions, but this influence is decreasing; the employed population of the regions with lower levels of education negatively affect the economic growth in the regions. The employed population of regions with higher and professional education has a positive effect on the welfare of the regions.

Sign in / Sign up

Export Citation Format

Share Document