scholarly journals DETERMINANTS OF INVESTMENT SPHERE DEVELOPMENT IN THE CONTEXT OF THE MODERN ECONOMIC PARADIGM

2020 ◽  
Vol 5 (5) ◽  
pp. 54
Author(s):  
Oksana Kazak ◽  
Tetyana Obelets
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Developed Countries ◽  
Scientific Paper ◽  
Entrepreneurial Activity ◽  
Investment Climate ◽  
Industrial Transformation ◽  
Fixed Capital Formation ◽  
Analytical Estimation ◽  
Kyiv Polytechnic Institute

The aim of the article is to illuminate the modern paradigm of the globalization economic environment, which shows the gradual end of the decade of “crisis-free” growth of the world economy and, accordingly, the nearing to the next global economic crisis; to cover the importance of attracting investment and implementing a specific national industrial policy as one of the key factors of development; to outline the problems of prevention, forecasting and analysis of risks arising in the investment sphere in the context of providing conditions for sustainable development of the Ukrainian economy. The subject of the study is: the monitoring of investment sector indicators that determine the potential of economic development and provide an analytical assessment of the risks posed in the investment sphere in the context of ensuring the conditions of sustainable development of the Ukrainian economy. Methodology. The article uses the complex approach with the application of methods of simulation and econometric modeling for analytical estimation of gross fixed capital formation as a key investment indicator in the current economic conditions of Ukraine. Results. The conducted study clearly demonstrates not only the presence but also the obvious deepening of the imbalance between the current state of attracting foreign investments and actual needs in technological and physical renewal of the production sphere. The consequence is a real threat of loss of potential for economic development. Some measures have been identified to improve the investment climate, and the key ones are the provision of state support for reforming the Ukrainian economy in terms of improving the investment climate and stimulating the innovative potential of entrepreneurial activity. The practical implications of this study are to identify the lack of innovation strategy, which deepens Ukraine’s technological backwardness compared to developed countries in general, and the EU countries, in particular, and keeps the inefficient and destructive natural-production base of Ukrainian economy. Value/originality. This research was carried out within the framework of the implementation of a scientific paper of the Department of Theoretical and Applied Economics of National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute (No. 0112U007817) on the topic: “Globalization of industrial capacity formation trends in the terms of post-industrial transformation”.

scholarly journals Support of Small and Medium-Sized Business as a Strategic Vector of Sustainable, Competitive and Balanced Development of the Region

2019 ◽  
pp. 134-142 ◽  
Author(s):  
Anastasiya Ostovskaya
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Developed Countries ◽  
Entrepreneurial Activity ◽  
Regional Competitiveness ◽  
Balanced Development ◽  
Specific Target ◽  
The Impact ◽  
Strategic Reserve ◽  
Structural Shifts

Structural shifts in the country’s economy destabilize the macroeconomic situation and require consolidation of the efforts of the state as a whole and regions, in particular in the search for opportunities and internal reserves for increasing competitiveness. Today, the main strategic reserve capable of ensuring the development of the country and regions is entrepreneurial potential. The paper presents an analysis of the indicators of SMB development in developed countries, where its share in the GDP makes over 50 %. The author carries out the analysis of the development of small and medium-sized business in Russia, studies the documents regulating the issues of entrepreneurial activity and promoting the development of small and medium-sized business in the context of individual entrepreneurial initiative support. The plan of measures for the development of small and medium-sized entreprises in Russia with deadlines, responsible authorities and specific target indices is provided. The essence of entrepreneurial potential of the region is studied. An assessment of its components in the context of the impact on regional competitiveness is carried out. The recommendations and advantages of developing the potential of entrepreneurial structures of the region based on cluster associations are presented. The sequence of actions for the formation of a strategy for the transition to sustainable development of entrepreneurial structures is determined on the basis of the approach, which provides for the balance of the economic development of SMB.

Growing Opportunities in Attracting Investments for the Sustainable Socio-Economic Development of the ATU Gagauzia (Republic of Moldova)

2020 ◽  
pp. 260-273
Author(s):  
Svetlana Ghenova
Keyword(s):  
Economic Development ◽  
Living Standards ◽  
General Idea ◽  
Entrepreneurial Activity ◽  
Investment Climate ◽  
Social Infrastructure ◽  
Republic Of Moldova ◽  
Wide Range ◽  
Socio Economic Development ◽  
Favorable Conditions

This chapter discusses the wide range of created opportunities for stimulating, developing the business area and attracting investments in the region of ATU Gagauzia. The general idea of the chapter is the fact that only developing the economy at the expense of domestic and foreign investments can create jobs, increase budget revenues, and accordingly, develop social infrastructure and living standards in the ATU Gagauzia (Republic of Moldova). The analysis of indicators characterizing the development of entrepreneurial activity in the autonomy was conducted, the dynamics of indicators showing the improvement of the business and investment climate in the region was presented, and the creation of favorable conditions in terms of attracting investment in main sectors of the region's economy was presented. This chapter carries out the qualitative conclusions and presents information on the need to develop the important directions that will enable the achievement of the goals for improving investment clime and increasing of volume in the region ATU Gagauzia.

scholarly journals ECONOMIC ASSESSMENT OF THE INVESTMENT CLIMATE IN THE PROCESS OF ENSURING SUSTAINABLE DEVELOPMENT OF UKRAINE

2020 ◽  
Vol 1 (2) ◽  
pp. 83-89
Author(s):  
Kostiantyn Shaposhnykov ◽  
Kateryna Okayanyuk
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Food Industry ◽  
National Level ◽  
Economic Assessment ◽  
Developed Countries ◽  
Negative Influence ◽  
Investment Climate ◽  
Systemic Analysis ◽  
Production Facilities

The purpose of the article is a systemic economic analysis of the investment climate in the process of ensuring sustainable development of Ukraine. European integration strategy of Ukraine necessitates the formation of an investment climate in order to adapt to European requirements, create a development strategy to integrate with developed countries, harmonize economic trade and environmental processes. Methodology. In the course of this analysis, the investment climate was considered as a complex open system with the application in the study of the methodology of systemic analysis, which allowed to emphasize certain aspects of the specific nature of its operation. Results. It is established that in modern conditions of acceleration of transformation processes the mechanisms of expansion of investment opportunities and overcoming of investment restrictions at all levels of hierarchy of taxonomic systems are characterized by any importance and intensity. At the global level, this affects the international movement of capital and the formation of world investment wealth through the internationalization of the economies of different countries. At the national level, this applies to regulatory and legal support, formation of institutional support for investment processes, diversification of ownership, sources and types of investment resources. At the local and territorial levels, it is especially important to ensure investment in human capital and the social sphere. The factors of negative influence on the development of Ukrainian industry are determined: reduction of world prices for ferrous metals; national gaps in the development of railway transport causing problems with logistics; the need to repair production facilities in the fields of metallurgy, electricity, gas and steam, carbonite and refining; low level of yield in agriculture (for the food industry); sanctions of the Russian Federation; inflation; reduction in use of electricity and gas due to global warming; market advantage of imports of competitive products. The priority tasks for the development of Ukrainian industry are also outlined: renewal of industrial production facilities; development of infrastructure and logistics; balancing of external and internal market conditions; providing the food industry by increasing the volume of agricultural production; ensuring the purchasing power of domestic consumers and expanding demand. It is established that the level of capital investments in the first half of 2020 lags significantly behind the previous year. In addition, with the development of the COVID-19 pandemic in 2020, the situation with the inflow of foreign direct investment in Ukraine has also deteriorated significantly. According to preliminary results, the balance of FDI amounted to -112.6%. This was not the case even in the unfavorable economic development of 2014, which was characterized as a crisis period associated with the military conflict in the east and the annexation of Crimea. Practical implications. The analysis of the peculiarities of the investment climate and its goals allows to determine the role of investment in achieving the Sustainable Development Goals by 2030, to identify key priorities in solving environmental problems, to form the potential for sustainable development. For Ukraine, these are components of the formation of the investment climate in a pandemic. Value/originality. The use of systems analysis allows to identify the main problems of formation of the investment climate in modern conditions.

scholarly journals Mapping Basic Needs Economic Development, Progress and Sustainable Development at the Iberoamerican Region

2016 ◽  
Vol 7 (1) ◽  
pp. 54
Author(s):  
João Almeida Santos ◽  
Maria Cristina Sanches Amorim
Keyword(s):  
Quality Of Life ◽  
Sustainable Development ◽  
Economic Development ◽  
Strategic Planning ◽  
Food Quality ◽  
Food Production ◽  
Basic Needs ◽  
Developed Countries ◽  
Less Developed Countries

This article studies the performance of 132 countries ranked in 3 Regions –Iberoamerican Region( AIBER ), AVECO Region (more developed countries) and OTHERS Region(less developed countries ) analyzing indicators related to Basic Needs: Food, Water, Electricity,Energy. Basic Needs Conditions are closely interconnected, reflect development conditions, andmay be monitored and analyzed through a set of worldwide country indicators; so they may helpfor a Regional Diagnosis as well as for Developing Strategic Planning. As a matter of fact the studysuggests that even countries with low GDP may still improve food quality through increasedinvestment in food production; so that appropriate public policies may find ways that lead toimprove quality of life with food, water and energy where is more needed at The IberoamericanRegion. All this may Foster Sustainable Development locally and Globally speaking.

scholarly journals Insights on Sustainable Universities from Economic and Statistical Perspectives

2019 ◽  
Vol 8 (2) ◽  
pp. 186-198
Author(s):  
Viktorija Šipilova
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Economic Development ◽  
Early Stage ◽  
Secondary Data ◽  
Developed Countries ◽  
Young Generation ◽  
The European Union ◽  
Stage Of Development ◽  
Level Of Economic Development

Abstract Currently, the issues on sustainability receive extremely high interest, especially from young generation. This makes universities as key participants in sustainable development as far as they provide wide possibilities for engagement in the process. Despite many studies devoted to universities as participants of sustainable development, there still is insufficient knowledge about their contribution to the process. Mostly, studies are qualitative and consider certain examples of good practices, which do not provide insights on common and different characteristics and trends of universities’ contribution to sustainable development. This is the result of the early stage of development of the reporting about universities’ sustainable efforts what limits possibilities to carry quantitative analysis. The paper aims, first, to search for characteristics of universities’ contribution to sustainable development and, second, to detect trends by using numerical secondary data worked up in UI GreenMetric World University Ranking. The paper focuses on universities from European Union. Special attention is devoted to countries’ economic development level as far as scientific literature suggests that the level of economic development may affect involvement in sustainable development. Research findings allows to indicate that there are both common and distinct characteristics across the cases from economically high and less developed countries what is significant for further policy-making and popularizing of sustainability idea across universities in the European Union. Universities continue to improve practices and search for new accents. However, universities’ intention to report about their sustainable efforts in long-term perspective for continuing data collection must be more active.

scholarly journals Innovation rate as a quality indicator of economic development: case of the former Yugoslavian countries

2021 ◽  
Author(s):  
Zrinka Mrkonjić ◽  
Diana Plantić Tadić
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Quality Indicator ◽  
Developed Countries ◽  
Influential Factors ◽  
Entrepreneurial Activity ◽  
Key Indicator ◽  
Political Background ◽  
Innovation Rate ◽  
Sustainable Economic Growth

Abstract: When it comes to economic growth of modern day developed countries, it can be concluded that certain factors can be distinguished as definitive quality indicators of economic growth. Meaning that the rise of said factors will in most cases ensure sustainable economic growth. Considering the rise of capitalism and the growth of multinational companies, one challenge most modern day countries face is strengthening of a countries export rates and inspiring continuous entrepreneurial activity. One key indicator that has thus far been often overlooked is the innovation rate. The aim of this paper is to conclude whether or not the innovation rate can be used as a quality indicator of economic development. The focus in this paper has been put on the former Yugoslavian countries. The reason for this being that all of their economies started developing at the same time and under a very similar socio-political background and origin. This makes them a good subject for observation, seeing as how they all developed to different capacities and at various rates. Observing these countries and various influential factors can help discern the factors which impact the GDP rate the most. In particular, the innovation rate. Sažetak: Kad je riječ o ekonomskom rastu današnjih razvijenih zemalja, može se zaključiti da se određeni čimbenici mogu razlikovati kao konačni pokazatelji kvalitete gospodarskog rasta. Što znači da će porast navedenih čimbenika u većini slučajeva osigurati održivi gospodarski rast. Uzimajući u obzir rast kapitalizma i rast multinacionalnih tvrtki, jedan od izazova s kojima se suočava većina modernih zemalja je jačanje izvoza i poticanje kontinuirane poduzetničke aktivnosti. Jedan od ključnih pokazatelja koji se do sada često zanemarivao je stopa inovacija. Cilj je ovog rada istražiti može li se stopa inovacija koristiti kao pokazatelj kvalitete gospodarskog razvoja. Fokus u ovom radu je stavljen na zemlje nastale na prostoru bivše Jugoslavije. Razlog tome je taj što su se njihova gospodarstva počela razvijati u isto vrijeme i pod vrlo sličnom društveno-političkim okolnostima. To ih čini podobnim za istraživanje i zaključivanje o tome kako su se razvijali do različitih razina i različitom dinamikom. Istraživanje ovih zemalja i različitih čimbenika utjecaja može pomoći u prepoznavanju čimbenika koji najviše utječu na stopu BDP-a. Konkretno, stopa inovacija.

scholarly journals Trends in population change and the sustainable socio-economic development of cities in North-West Russia

Baltic Region ◽  
2019 ◽  
Vol 11 (4) ◽  
pp. 36-57
Author(s):  
Anatoly A. Anokhin ◽  
◽  
Ksenia D. Shelest ◽  
Marina A. Tikhonova ◽  
◽  
...  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Population Change ◽  
Federal District ◽  
Open Market ◽  
Investment Climate ◽  
The Sustainable Development ◽  
North West ◽  
Socio Economic Development ◽  
Model Region

The Northwestern Federal District is a Russian macro-region that is a unique example of a model region. It accounts for 10 % of the country’s total area and 9.5 % of its population. This article aims to trace the patterns of city distribution across the region, to assess the conditions of differently populated cities and towns, and to identify sustainability trends in their socio-economic development. Population change is a reliable indicator of the competitiveness of a city. As a rule, a growing city performs well economically and has a favourable investment climate and high-paid jobs. The analysis revealed that population change occurred at different rates across the federal district in 2002—2017. A result of uneven socio-economic development, this irregularity became more serious as globalisation and open market advanced. The study links the causes and features of growth-related differences to the administrative status, location, and economic specialisation of northwestern cities. The migration behaviour of the population and the geoeconomic position are shown to be the main indicators of the sustainable development of a city.

scholarly journals Dimensions Of Entrepreneurial Activity: The Case Of Slovenia

2011 ◽  
Vol 5 (5) ◽  
Author(s):  
Vlado Dimovski ◽  
Jana Znidarsic ◽  
Sandra Penger
Keyword(s):  
Economic Development ◽  
Development Policy ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Entrepreneurial Activity ◽  
High Tech ◽  
Knowledge Based ◽  
Economic Development Policy ◽  
Entrepreneurial Culture ◽  
Medium Enterprises

Even though the Slovenian economic development policy is forcing the development of fast-growing enterprises, there is still a significant gap between the vision of highly-developed entrepreneurship and Slovenian entrepreneurial reality. Increasing rate of environmental change, technological complexity, globalization and many other challenges of modern economy are continuously forcing the developed countries to seek comparative advantages mainly in their human resources in the trained, educated, flexible and self-confident workforce. Well educated people, possessing entrepreneurial skills and characteristics are initiators of high-tech and dynamic entrepreneurship, which is without doubt the main factor of development. In spite of the fact that the Slovenian economic development policy is forcing the development of high-tech and knowledge-based enterprises, there is still the significant gap between the vision of highly-developed entrepreneurship and Slovenian entrepreneurial reality. Considering the fact, that Slovenia is still far away from ideal entrepreneurial society in which entrepreneurship is the way of life for the majority of its population, this paper discusses dimensions of entrepreneurial activity, the main obstacles of entrepreneurial activity in Slovenia and the following hypotheses: (1) Slovenia needs to expand its entrepreneurial activity, especially high-tech, knowledge-based and dynamic entrepreneurship to compete successfully on the European market, (2) entrepreneurial culture in Slovenia is rather low; the psychological profile of Slovenian entrepreneurs is closer to profile of employees than to dynamic entrepreneurs. As the entrepreneurial activity is a major feature showing the development of certain economy, the main aim of this study is to highlight the entrepreneurial activity in Slovenia and consequently to give suggestions for improving and developing current entrepreneurial situation. A vital task of the Slovenian entrepreneurial policy at the beginning of the 21st century is to set up a learning organization platform in small and medium enterprises, thus enabling their growth and sustainable comparative advantage. Moreover, the greatest challenge is to change the peoples attitudes - building entrepreneurial culture in striving to move Slovenian economy towards the knowledge-based society.

scholarly journals Unique traditional villages on the Loess Plateau of China: historic evolution and challenges to sustainable development of silo-caves

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Li Zhang ◽  
Peng Lu ◽  
Raymond Lau ◽  
Lijie Yan ◽  
Xiang Li ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Loess Plateau ◽  
Morphological Evolution ◽  
Morphological Characteristics ◽  
Northern China ◽  
The Loess Plateau ◽  
Industrial Transformation ◽  
History Of ◽  
Inner Parts

AbstractSilo-cave is a unique human habitation form on the Loess Plateau in northern China, which consists of an excavated 6–7 m deep pit as the courtyard and cave dwellings in the surrounding four walls. This architecture has had a history of more than 7000 years, and yet such “living fossils for the history of dwellings” are now facing great crises and challenges during rapid social and economic development. In this paper, remote sensing and GIS techniques are used to comprehensively and systematically investigate the spatial distributions and morphological characteristics of silo-caves at both the macro and micro scales. The research shows that silo-cave villages are mainly distributed in economically underdeveloped areas, such as West Henan (Yuxi), South Shanxi (Jinnan), Central Shaanxi (Guanzhong), and East Gansu (Longdong). The morphological evolution patterns of typical silo-cave villages are identified, including: (1) retaining the periphery and rebuilding the inner parts of the villages, (2) retaining the inner parts and expanding the periphery of the villages, and (3) rebuilding the inner parts and expanding the periphery of the villages. These patterns are demonstrated to be influenced by many factors, including landforms, traffic conditions, economic development, population growth, and administrative division adjustment. Sustainable development of these traditional silo-cave villages relies on administrative policy and planning, people’s awareness of cultural heritage protection, culture inheritance, industrial transformation, and public services.

scholarly journals Unique Traditional Villages on the Loess Plateau of China: Historic Evolution and Challenges to Sustainable Development of Silo-Caves

2021 ◽  
Author(s):  
Li Zhang ◽  
Peng Lu ◽  
Lijie Yan ◽  
Xiang Li ◽  
Ruixia Yang ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Loess Plateau ◽  
Morphological Evolution ◽  
Morphological Characteristics ◽  
Northern China ◽  
The Loess Plateau ◽  
Industrial Transformation ◽  
History Of ◽  
Policy And Planning

Abstract Silo-cave is a unique human habitation form on the Loess Plateau in northern China, which consists of an excavated 6–7 m deep pit as the courtyard and cave dwellings in the surrounding four walls. This architecture has had a history of more than 7000 years, and yet such "living fossils for the history of dwellings" are now facing great crises and challenges during rapid social and economic development. In this paper, remote sensing and GIS techniques are used to comprehensively and systematically investigate the spatial distributions and morphological characteristics of silo-caves at both the macro and micro scales. The research shows that silo-cave villages are mainly distributed in economically underdeveloped areas, such as West Henan (Yuxi), South Shanxi (Jinnan), Central Shaanxi (Guanzhong), and East Gansu (Longdong). The morphological evolution patterns of typical silo-cave villages are identified, including: (1) retaining the periphery and rebuilding the interior, (2) retaining the interior and expanding the periphery, and (3) expanding both the interior and periphery. These patterns are demonstrated to be influenced by many factors, including landforms, traffic conditions, economic development, population growth, and administrative division adjustment. Sustainable development of these traditional silo-cave villages relies on administrative policy and planning, people’s awareness of cultural heritage protection, culture inheritance, industrial transformation, and public services.

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