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 The impact of monopolism on the stability of economic development in the conditions of globalization

2020 ◽  
Vol 74 ◽  
pp. 06013
Author(s):  
Tatiana Kotcofana ◽  
Armen Altunyan ◽  
Viktoria Bazzhina
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Price Index ◽  
Negative Impact ◽  
Consumer Price Index ◽  
Reproductive Process ◽  
Producer Price ◽  
The Stability ◽  
The Impact

The article discusses the impact of the level of monopolization of markets on the sustainability of economic development and, above all, on the development of inflationary processes in terms of the reproduction approach in the global economy. The purpose of the article is to show the key role of monopolism in the genesis of inflation and its negative impact on the sustainability of economic development. The article uses a reproductive approach to the analysis of economic phenomena and processes. Using dialectical materialistic and concrete historical methods, it is shown how monopolism contributes to the development of inflation at all stages of the reproductive process. So, in Russia throughout the entire period of reforms, with the exception of individual years, the producer price index of industrial products grew faster than the consumer price index, and prices in more monopolized industries grew much faster than in less monopolized ones, which confirms the important the role of monopolies in the unwinding of the inflationary process.

Resource Constituent of Russian Regional Economy

2007 ◽  
pp. 116-132 ◽  
Author(s):  
S. Kimelman ◽  
S. Andyushin
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Federation ◽  
Regional Economy ◽  
Federal District ◽  
Economic Potential ◽  
Resource Model ◽  
The Social ◽  
Regional Economic Policy ◽  
Far Eastern

The article basing upon estimation of the social and economic potential of Russian Federation subjects shows that the resource model of economic development is suitable for nearly half of them. The advantages of this model are described using the example of the Far Eastern Federal District subjects that could be the proof of the necessity of "resource correction" of regional economic policy in Russia.

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.

THE PROBLEMS OF INCREASING COMPETITIVENESS OF THE ENTERPRISE AND THE DIGITIZATION OF REGIONAL ECONOMY

2020 ◽  
Author(s):  
E. A. Gasanov ◽  
Lin Lee ◽  
Wei Lyu
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
Digital Technologies ◽  
Strategy Of Development ◽  
Social And Economic Development ◽  
The Impact

In this article the possibility of implementation of strategy of development and increase of competitiveness of firm in the conditions of the territory of the advancing social and economic development and digitalization is considered. The impact of digital technologies on firm competitiveness is becoming crucial and strategic.

scholarly journals Resource Industries of the Far East: Manifestations of the Current Crisis and Their Fundamental Causes

2001 ◽  
Vol 14 (7) ◽  
pp. 978-986
Author(s):  
Natalia V. Lomakina ◽  
Keyword(s):  
Regional Economy ◽  
Raw Materials ◽  
Far East ◽  
Mineral Resources ◽  
Current Crisis ◽  
Shift Workers ◽  
Fundamental Causes ◽  
Market Factors ◽  
Resource Sector ◽  
The Impact

The article focuses on the manifestations of the modern «pandemic» crisis in the key resource industries (mineral resources and forest complexes) of the Far Eastern macroregion. The features of the crisis dynamics of production are shown depending on the predominance of some types of natural resources in the structure of the regional economy, their connection with Russian and world markets, the character of the impact of market factors. The influence of external shocks and national institutional imperatives on the change in the parameters of different branches of the natural resource sector has been investigated. There were found new crisis manifestations associated with the peculiarities of staff formation in the resource sector («shift workers factor»), their consequences for the regional economy and raw materials companies, the need to update the relevant scientific and methodological assessments and management decisions. It was revealed that with all the novelty and multidirectionality of manifestations of the crisis in 2020, the key characteristics of the situation are determined by the traditional set of fundamental reasons that define the development of a region with a resource specialization both in crisis and recovery periods

scholarly journals KAWASAN EKONOMI KHUSUS DAN PEMBANGUNAN EKONOMI REGIONAL: SEBUAH STUDI LITERATUR

2020 ◽  
Vol 1 (2) ◽  
pp. 40-54
Author(s):  
Nurafni Irma Suryani ◽  
Ratu Eva Febriani
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regional Economy ◽  
Positive Impact ◽  
Special Economic Zones ◽  
Literature Study ◽  
Economic Growth Rate ◽  
Economic Zones ◽  
The Impact

Special Economic Zones are very important for the progress of an area. SEZ is able to contribute to the regional economy and increase economic development by providing direct and indirect effects. The purpose of this study is to determine the impact of special economic zones on regional economic development. The object of this study is to explore the establish SEZ in Indonesia just only refer to two SEZs namely SEI Mangke and Tanjung Lesung. This research used literature study as a method. The results show that SEZ make the regional economy is starting to move towards a better direction. The role of two SEZs observed have different impact on regional economy, SEI Mangke has a positive impact on macroeconomy indicator such as reduced unemployment, reduced poverty and an increased economic growth rate in Simalungun Regency. Otherwise, Tanjung Lesung just has a positive impact on MSMEsKeywords: Unemployment, Poverty, Economic Growth, Pengembangan UMKM, SEZ Sei Mangke, SEZ Tanjung Lesung

Regional Economic Development in The Context of the COVID-19 Pandemic and the Economic Crisis

2021 ◽  
pp. 99-107
Author(s):  
Olha A. Lukash ◽  
Yuriy M. Derev`yanko ◽  
Dmytro V. Kozlov ◽  
Anna I. Mukorez
Keyword(s):  
Economic Development ◽  
Economic Crisis ◽  
Open Data ◽  
Regional Economic Development ◽  
Business Environment ◽  
The State ◽  
Retail Trade ◽  
Regional Economic ◽  
Current Economic Crisis ◽  
The Impact

It is important to analyze the manifestations of the crisis at the regional level, which allows both regional (local) and national authorities to develop effective support tools. From this point of view, it is important to clearly understand which aspects of economic development the crisis has a key impact on, and whether such impact is uniform across different sectors and areas of economic development. Much attention is paid to the problem of assessing the state of the business environment. However, the main disadvantage of most of them is that they are sometimes difficult to conduct in terms of operational analysis and availability of open data. The object of research is the processes of studying the state of the region's economy. The subject of the research is the impact of the COVID-19 pandemic and the current economic crisis on the region's economies. In the process of scientific research, we solved such tasks: identification of key problematic factors in relation to regional economic development, including caused by pandemic and lockdown; reliable, freely available and up-to-date sources of statistical information on regional economic development are identified; a comprehensive method of generalizing the impact of the COVID-19 pandemic and the economic crisis on regional economic development. We proposed to analyze the impact of the COVID-19 pandemic and the current economic crisis on the economic development of the regions of Ukraine on the example of Sumy region. The analysis is based on open data from static authorities, which periodically publish monthly and quarterly information. The study confirmed the serious negative impact of lockdown and pandemic on the economic development of the region in a number of key indicators: the index of industrial production, the volume of industrial products sold, freight turnover and passenger turnover. At the same time, we observe a generally neutral impact of the crisis on such regional indicators of economic development as the volume of commodity export and import transactions and the stability of retail trade.

scholarly journals DEMAND FOR WORKERS IN WHOLESALE AND RETAIL TRADE: DEVELOPMENT AND STAFF TURNOVER

2021 ◽  
Author(s):  
Olha Serikova
Keyword(s):  
Economic Development ◽  
Economic Activity ◽  
Retail Trade ◽  
Motor Vehicles ◽  
Staff Turnover ◽  
Negative Consequences ◽  
Decent Work ◽  
Career Opportunities ◽  
State Employment ◽  
The Stability

The article analyzes the demand trends for workers in the field of wholesale and retail trade; repair of motor vehicles and motorcycles. Analysis of the data of the State Employment Service proves the constant demand for trade and repair workers. The share of vacancies in this area of economic activity in January-February 2021 was 14.0%, which corresponds to the second position after demand in the processing industry (18.8%). Staff turnover in the field of wholesale and retail trade; repair of motor vehicles and motorcycles exceeds the norm and reaches 51.7% and this trend has been observed in recent years. However, as our research shows, this is caused not so much by economic development as by staff turnover in this area of economic activity and professional group. The conditionality of the increased demand for workers within this sphere of economic activity is investigated. In the process of research it was found that the formation of demand is significantly influenced by staff turnover. To reduce staff turnover, attention should be paid to the level of wages and working conditions, social package, career opportunities, opportunities to receive a bonus for years of service, measures to form and maintain the social culture of the organization, and so on. The negative consequences of increased turnover in trade and services are low levels of productivity and labor organization, reduced responsibility in the performance of work and deteriorating quality of service delivery. Therefore, in order for the sphere of trade and services to promote economic development, it is necessary to think about the organization of labor in accordance with the principles of decent work. Strategic development of wholesale and retail trade; repair of vehicles and motorcycles requires the introduction of measures to retain staff in organizations through a management system, staff motivation, which is based on the principles of social responsibility, which will increase the use of labor potential, taking into account the interests of both employer and employee to increase competitiveness and the formation of a rational demand for workers in this area, which will help ensure the stability of the labor market.

scholarly journals The Impact of Halal Tourism on Regional Economic Growth in Lombok, West Nusa Tenggara, Indonesia

2020 ◽  
Vol 12 (2) ◽  
Author(s):  
Lalu Hendra Wijaya
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Quantitative Research ◽  
Regional Economy ◽  
Secondary Data ◽  
Regional Economic Growth ◽  
Analysis Tool ◽  
The West ◽  
Tourism Sector ◽  
The Impact

Abstract. This study aims to analyze the economic development of the West Nusa Tenggara Province with the existence of halal tourism. It is expected that the halal tourism is able to support the economic development of the province. This is a quantitative research, using secondary data from the Central Statistics Agency (BPS) among others. The analysis tool used is SPSS. The results show that halal tourism has considerable potential as one of the leading sectors that can support the regional economy. The progress of the tourism sector in the West Nusa Tenggara Province is marked by the increase in the number of foreign and domestic tourist visits every year.Keywords: Economic Growth, Halal Tourism, West Nusa Tenggara Abstrak. Penelitian ini bertujuan untuk mengetahui perkembangan atau pertumbuhan ekonomi Provinsi Nusa Tenggara Barat dengan adanya pariwisata halal sehingga mampu menopang perekonomian regional provinsi. Penelitian ini menggunakan pendekatan kuantitatif, dengan data sekunder yang di antaraya berasal dari Badan Pusat Statistik (BPS). Alat analisis yang digunakan adalah SPSS. Hasil penelitian menunjukkan bahwa Pariwisata halal memiliki potensi yang cukup besar sebagai salah satu sektor unggulan yang dapat menopang ekonomi daerah. Kemajuan sektor pariwisata di Provinsi NTB ditandai dengan meningkatnya angka kunjungan wisatawan mancanegara dan nusantara setiap tahunnya.Kata kunci: Pertumbuhan Ekonomi, Wisata Halal, Nusa Tenggara Barat

scholarly journals Assessment of the influence of innovation and IT markets on the parameters of the regional economy

2020 ◽  
pp. 29-40
Author(s):  
Ekatarina Garipova ◽  
Elena Kulik ◽  
Larisa Nabieva
Keyword(s):  
Information Technologies ◽  
Regional Economy ◽  
Industrial Revolution ◽  
Mutual Influence ◽  
State Regulation ◽  
Modern World ◽  
Sector Model ◽  
The Republic ◽  
The Stability ◽  
The Impact

The significant increase in the influence of innovation and information technologies in the modern world, including on economic processes, their constant interaction with classical markets of production factors, and accordingly the need to develop a methodology for assessing their mutual influence - all this has determined the purpose and tasks of research. The article discusses the features of markets mutual influence of innovation and information technologies, as well as their impact on the economy of the region. Based on the conclusions, a methodology for quantifying this influence is proposed, which is characterized by simple and convenient application in the implementation of state regulation of the regional economy. The study is based on the analysis of statistical data for more than 20 years of the economy development of the Russian Federation and the Republic of Tatarstan and is highly representative. The results of the study allowed justifying the theoretical approach, to develop methodological and practical recommendations on diagnostics, assessment and forecasting of the impact of the two most important components of the modern industrial revolution 4.0 - innovation and information technologies - on the stability and balance of the regional economy. The main product of the study is the system functional multi-sector model of the regional economy, which allows solving all the above-mentioned problems and problems in an optimal way.

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