scholarly journals Economic Relations of Hungary and India: Seeking Ways to Be Better Than ‘Just Good’

2019 ◽  
Vol 16 (1) ◽  
pp. 77-90
Author(s):  
Péter Goreczky

Abstract As for Hungary, core motivation factors in building economic relations are boosting the export performance of SMEs and attracting FDI projects of high added value. India as an export market is definitely a challenging target for Hungarian companies as geographic distance, cultural differences, infrastructure, and regulatory barriers can all be considered as pull-back factors. Nevertheless, an innovative product and international experience combined with the involvement of a local partner can result in success. India is one of the most important Asian investors in Hungary with a very diverse FDI stock in terms of economic sectors. Indian investors are mostly satisfied with the business environment in Hungary; however, labour shortage is considered as a challenge to be addressed. Compared to building relations with China, India today receives less attention in Hungary. However, both governments could do a lot more in accelerating the interactions of Hungarian and Indian businesses and creating more opportunities to raise economic relations to the next level.

2019 ◽  
Vol 57 (4) ◽  
pp. 433-457
Author(s):  
Milenko Krajišnik ◽  
Sanja Popović

AbstractThe competitiveness of the national economy, its sectors and companies is essential for economic growth and development in the conditions of the global market. This importance is especially expressed for small open economies, such as Bosnia and Herzegovina (B&H). Bosnia and Herzegovina must strengthen its export position in the most competitive sectors, so that it can develop under conditions of increasingly liberalized world trade, with growing competition. The aim of this paper is to investigate the sectora structure of B&H exports, the competitiveness, significance and performance of certain sectors, in order to identify weaknesses and possible ways o improvement. For the purposes of this analysis, the Trade Competitiveness Map analysis methodology was used to assess the competitiveness of the sector, using the Trade Performance Index (TPI). The main aim of the methodology is to determine sectoral export performance, in order to facilitate strategic market research and monitoring of national foreign trade performance. B&H has the poor export sector structure, with the low level o international competitiveness, reflected in the large share of resource intensive products and low-value processing products with low added value Improving competitiveness could be achieved by strengthening the most competitive sectors, as well as by changing the economic structure towards the development of technologically intensive and highly profitable sectors o the economy.


Author(s):  
S. I. Tsiolkovska

The cooperation of state authorities and agribusiness enterprises is relevant in the formation of a favorable business environment, a system of contractual relations between counterparties, and the development of foreign economic relations. In the article presented the scheme of interaction of state authorities and enterprises of agribusiness with the formation of the policy of foreign economic activity. From the system of contractual relations between the subjects of entrepreneurial activity, the following forms of contractual relations are proposed, such as an agricultural trading house, a self-regulatory organization, a cooperative that will serve as a long-term link between the links in the foreign economic activity of agribusiness enterprises. The work is elaborated in the strategic plans of the state, where special attention is focused on small subjects of agribusiness with the added value of the product, which is important for the implementation of foreign economic activities, and the development of rural areas in the complex


2019 ◽  
Vol 1 (1) ◽  
pp. 121-131
Author(s):  
Ali Fauzi

The existence of big data of Indonesian FDI (foreign direct investment)/ CDI (capital direct investment) has not been exploited somehow to give further ideas and decision making basis. Example of data exploitation by data mining techniques are for clustering/labeling using K-Mean and classification/prediction using Naïve Bayesian of such DCI categories. One of DCI form is the ‘Quick-Wins’, a.k.a. ‘Low-Hanging-Fruits’ Direct Capital Investment (DCI), or named shortly as QWDI. Despite its mentioned unfavorable factors, i.e. exploitation of natural resources, low added-value creation, low skill-low wages employment, environmental impacts, etc., QWDI , to have great contribution for quick and high job creation, export market penetration and advancement of technology potential. By using some basic data mining techniques as complements to usual statistical/query analysis, or analysis by similar studies or researches, this study has been intended to enable government planners, starting-up companies or financial institutions for further CDI development. The idea of business intelligence orientation and knowledge generation scenarios is also one of precious basis. At its turn, Information and Communication Technology (ICT)’s enablement will have strategic role for Indonesian enterprises growth and as a fundamental for ‘knowledge based economy’ in Indonesia.


Author(s):  
Piotr Jurga

In the face of many global challenges, including ongoing climate change, policymakers are seeking viable solutions. The bioeconomy and its development are one of them. Partnerships, such as BIOEAST, are established to support the development of the bioeconomy in CEE countries. The conversion of biological biomass into new bio-products with high added value can contribute to a reduced environmental impact. One of the three economic sectors producing biomass for manufacturing is agriculture. Within the framework of this study, using the PRODCOM statistical list, which provides statistics on the production value of manufactured products, an assessment of manufacturing involving biomass processing utilizing biomass from the agricultural sector in countries of the BIOEAST initiative was performed. In BIOEAST Initiative countries, biomass from agriculture is predominantly used by the food production sector, followed by economic sectors, such as beverages, textiles, leather and wearing apparel. In several BIOEAST initiative countries, the percentage of the production value utilizing biomass from the agricultural sector is remarkable. Poland is one of those countries for which the value of manufacturing production utilizing agricultural biomass represents almost 30% of the total manufacturing value. The results obtained from the analysis, along with detailed information on specific product groups, can provide valuable information for decision makers planning the development of the bioeconomy in reviewed BIOEAST countries, including Poland.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Naveen Donthu ◽  
Satish Kumar ◽  
Debidutta Pattnaik ◽  
Neeraj Pandey

PurposeThe primary objective of this endeavour is to form a retrospective overview of the International Marketing Review (IMR) and map its way forward.Design/methodology/approachA range of bibliometric techniques has been employed to analyse the performance of IMR and its stakeholders, map the evolution of its thematic and intellectual structures and analyse the factors driving IMR's academic influence and impactFindingsIMR's academic contributions, influence and impact have grown progressively. The thematic structure of the journal has evolved into six clusters. Simultaneously, its research fronts have submerged to six bibliographic clusters, noted as marketing channels, cross-cultural impact on emerging markets, export performance, country of origin (COO), online consumers and global business environment. Among these, the first four are still evolving, suggesting scope for future submissions.Research limitations/implicationsThe limitation of this endeavour largely arises from its selection of bibliographic data being confined to Scopus.Originality/valueTo the best of the authors’ knowledge, this is the first objective assessment of the journal, useful to its authors, readers, reviewers and editorial board.


Author(s):  
Natalya L. Gagulina ◽  

The article analyzes the institutional provision of the regulatory functions of the state in such areas as artificial intelligence and robotics. The analysis is based on the Concept of the development of regulation of relations in the field of artificial intelligence and robotics technologies until 2024. Among the problematic areas of regulation are the restriction of competition, the loss of flexibility in economic relations and the market disequilibrium. It is shown that the solution of these problems requires an integrated approach. So, to implement the concept of “smart city”, it is necessary not only to weaken or remove regulatory barriers, but also to use additional tools that have already applied in the world practice. An opportunity of applying of theoretical and methodological base of quality economics is considered. The solution to a significant part of the problems of digitalization of the region’s economy is the use in the management of the development of the “smart city” the international standard “Sustainable cities and Communities – Indicators for smart cities”.


2021 ◽  
Vol 7 ◽  
pp. 54-64
Author(s):  
Naqiah Awang ◽  
Nur Syafiqah Hussin ◽  
Fatin Adilah Razali ◽  
Shafinaz Lyana Abu Talib

The famous financial scandal of Enron, WorldCom and 1 Malaysia Development Berhad has harmed the auditor’s reputation as the protector of shareholders’ rights. Auditors have done their part by conducting systematic audit procedures and “What Could Go Wrong” analysis in assessing the possible risk area to assist fraud detection in the client’s financial matters. However, fraud cases never seem to decline. Regardless of any safeguarding measures established, fraud incidents can just occur and be worsened by economic downturn and prolonged inflation especially after the pandemic ends. Additionally, the characteristic of the modern business environment, technology sophistication and new generation traits had challenged Cressey Fraud Triangle Theory on its validity and relevancy. Therefore, associating all these possible challenges into consideration, this study aims to review prior literature related to the evolution of Cressey fraud theory to propose a new insight in considering relevant motivation factors that drive fraud penetrations. From the review, the study discovered the need for a detailed evaluation and research on the essential fraud element in constructing an all-rounded fraud prevention mechanism.


1996 ◽  
Vol 28 (5) ◽  
pp. 783-817 ◽  
Author(s):  
L Suarez-Villa ◽  
C Karlsson

Sweden's research-intensive electronics industries have thrived by developing export-market niches that rely greatly on continuous innovation and substantial expenditures in R&D. Over the past two decades, three R&D-intensive sectors (telecommunications equipment, electronic instruments, and computing-equipment manufacturing) have experienced a progressive territorial distribution, that has made them less reliant on the metropolitan concentration of the capital for their outsourcing and research arrangements. In this article we explore the relationship between R&D intensity, territorial distribution, subcontracting, and establishment performance in the R&D-intensive electronics industries. The export performance of these industries is considered first, along with its relationship with employment characteristics and territorial location. An analysis of the territorial distribution, and its relationship with establishment downsizing and subcontracting, provides insights on the significance of lower costs and higher R&D intensity for small-scale operations. Statistical analyses of R&D intensity and performance variables that include labour skills, plant size, production costs, fixed capital assets, and profitability, with establishment-level survey data, provide important insights on the effects of subcontracting and any spatial differences resulting thereof.


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