scholarly journals ЕХРЕRIENCE OF EUROPEAN COUNTRIES IN INVESTING IN CULTURE AND OPPORTUNITIES FOR IMPLEMENTATION FOR UKRAINE

2021 ◽  
pp. 13-22
Author(s):  
Olena Kopyl
Keyword(s):  
Financial Support ◽  
Public Investment ◽  
Private Investment ◽  
The State ◽  
European Countries ◽  
Common Mechanism ◽  
Cultural Services ◽  
Proposed Model ◽  
Cultural Sphere ◽  
The Eu

Increasing the investment attractiveness of the cultural sphere of Ukraine is possible only with the introduction of modern tools and mechanisms to attract resources that have become widespread in the world and have proven their effectiveness. The model of public financing of culture is formed in each country on the basis of a choice of methods, forms and mechanisms of financial policy. Its formation is greatly influenced by such factors as traditional national cultural preferences, as well as the development of philanthropy, sponsorship and philanthropy. The system of financing culture and art is determined by the degree of centralization of public administration and the nature of intergovernmental relations. In unitary states, the central budget continues to play a major role. The main types of financial support for culture and art in different countries by attracting state investment (budget funding) are direct funding, general and targeted transfers, joint participation of different levels of government, support through independent intermediaries, public-private partnership. The experience of financial support for the cultural sphere in the EU countries indicates that countries are trying to pay considerable attention to the development of this sphere. The most common mechanism for attracting investment and increasing funding for culture in the EU is a reduced VAT rate on the consumption of a cultural product or service. Despite the significant number of tools used by European countries to attract investment in culture and increase the investment attractiveness of culture, we should not forget about public investment. Public and private investment are complementary. Public investment, in turn, guarantees the priority of the sphere for the state, consolidates the development of confidence in the public good of culture, ensuring the stability of the development of the cultural sphere. In the proposed model of multi-channel financing, the main investors can be the state at the expense of state and local budgets, private partners (businesses, enterprises, etc.) and directly the population (those who consume cultural services and products). The proposed model of multi-channel financing combines best practices and tools to attract financial resources in the field of culture, which have become widespread in the European Union. It should also be noted that based on the analysis, it can be argued that the introduction of a project approach to finance culture and create competitive markets for cultural services can serve as a basis for organizational and economic mechanism to increase investment attractiveness of culture in Ukraine.

scholarly journals STATE FINANCIAL SUPPORT FOR SMALL BUSINESS DURING THE CORONAVIRUS CRISIS IN EUROPEAN COUNTRIES

2021 ◽  
Vol 3 (38) ◽  
pp. 326-332
Author(s):  
V. Humeniuk ◽  
Iu. Umantsiv ◽  
A. Dligach ◽  
Н. Іванова ◽  
H. Umantsiv
Keyword(s):  
Small Business ◽  
Financial Support ◽  
Complex Structure ◽  
State Intervention ◽  
State Regulation ◽  
European Countries ◽  
Financial Policy ◽  
Small Enterprises ◽  
Eu Countries ◽  
The Eu

Abstract. The aim of the conducted research is elaboration of conceptual statements and formulation of practical recommendations aimed at development of the methodological bases of state financial support for small business. On the basis of the existing theoretical statements, discovery of essential characteristics, peculiarities and systematisation of the obtained results of the research, conceptual approaches to interpretation of the features of state financial support for small business during the coronavirus crisis have been suggested. Small business is an important component of the economic system of any country. It ensures formation of the complex structure of the market for goods and services, development of efficient competition and promotes addressing the needs of consumers in conditions of formation of their sovereignty. State financial support for small business in European countries is at different stages of development. In the EU countries, financial policy of small business regulation is an example of state intervention in the mechanism of market self-regulation in order to solve social and economic problems by changing the economic behaviorur of small enterprises. The formational process, strategic priorities of state financial support for small business in European countries and macroeconomic instruments for its implementation during the coronavirus crisis have been studied. Changes in the concern of the world community in forms of state financial support for small business have been detected. A comparative and analytical examination of the instruments for macroeconomic financial regulation, which are being used during the COVID-19 pandemic in Europe, has been conducted. The research shows the importance of small business in terms of solving economic and social problems of social development, outlines the situation of state financial support in the EU countries in comparison with Ukrainian small enterprises, determines the general features and differences in state regulation of entrepreneurship. The practical significance of the obtained results consists in the fact that the main scientific statements of the article can be used in practice of state and regional management of small business. Keywords: small business, state regulation, financial support, financial policy, coronavirus crisis. JEL Classification H12, D21, E61 Formulas: 0; fig.: 2; tabl.: 1; bibl.: 12.

scholarly journals The current state of investment and financial cooperation between Ukraine and the European Union

2020 ◽  
pp. 183-191
Author(s):  
Tetiana Rybakova
Keyword(s):  
European Union ◽  
European Integration ◽  
Financial Support ◽  
The State ◽  
Investment Climate ◽  
The European Union ◽  
Financial Cooperation ◽  
Eu Countries ◽  
Current State ◽  
The Eu

Relevance of research topic. Nowadays the Ukraine's relations with the European Union are extremely important. European integration for Ukraine is a strategic choice for the future, and it makes a great influence on the place and role of the state in the new system of international relations, including economic, monetary and financial ones. Formulation of the problem. Ukraine's reform agenda is comprehensive and requires significant financial resources that cannot be raised solely from domestic sources. This determines the importance of attracting foreign funds, including those from the EU as a strategic partner of Ukraine, as well as the creation of a favourable investment climate and therefore the intensification of foreign investment. Analysis of recent research and publications. In the background of Ukraine's European integration intentions, a significant number of scientists study the problems and prospects of investment and financial cooperation between Ukraine and the EU. This cooperation is the subject of constant monitoring by European government agencies and central executive bodies of Ukraine as well. Selection of unexplored parts of the general problem. In the conditions of unstable global political and economic environment, new challenges in the region and the extreme dynamism of investment and financial processes, it is necessary to conduct the research reflecting the current state of investment and financial cooperation between Ukraine and the EU. Setting the task, the purpose of the study. Highlighting the state of investment and financial cooperation between Ukraine and the EU at the current stage of Ukraine's European integration. Method or methodology for conducting research. System and structural approach, method of logical analysis, statistical method, method of graphic analysis, method of comparison, method of structuring. Presentation of the main material (results of work). The paper describes the political background for investment and financial cooperation between Ukraine and the EU. The analysis of foreign direct investments in Ukraine by countries of origin and by areas of attraction is carried out; the dynamics of direct investments from EU countries in Ukraine's economy for 2010-2019 is described. The current state of application of the valid instruments of investment and financial support given to Ukraine by the EU is analyzed. The areas of priority attention in the process of implementing reforms in terms of attracting the investment from the EU are identified. The field of application of results. Research of Ukraine’s European integration problems, educational process (in the preparation of the relevant sections of textbooks and tutorials for courses “International Economics”, “Global Economics”, “Finance”). Conclusions according to the article. The EU sustainable financial support covers many sectors of the economy and public life in Ukraine, including agriculture, infrastructure, transport and energy, small and medium-sized enterprises, as well as democratic reforms, overcoming the effects of the COVID-19 pandemic, research and innovation, the environment, support for military conflict victims, etc. The EU supports Ukraine through various instruments, including macro-financial assistance, the European Financial Institutions (EBRD and the EIB), bilateral support from EU member states, the EU External Investment Plan, the European Neighbourhood Instrument, and the Instrument contributing to Stability and Peace. The volumes of EU foreign direct investment in Ukraine still remain low, and their structure by country of origin is not optimal. It is important for Ukraine to attract investments from the most developed EU countries, which is possible only if an attractive investment climate is formed, and the rule of law and the fight against the corruption are ensured.

scholarly journals The EU’s Recovery and Resilience Facility: A Next Phase in EU Socioeconomic Governance?

2021 ◽  
Vol 9 (3) ◽  
pp. 175-185
Author(s):  
Sonja Bekker
Keyword(s):  
Financial Support ◽  
Public Investment ◽  
National Level ◽  
National Parliaments ◽  
Analytical Frameworks ◽  
Country Specific ◽  
The Eu

The European Semester (Semester) was implemented a decade ago. Ample research has addressed the Semester’s development, including some major changes in processes and content (Verdun & Zeitlin, 2018). The Covid-19 crisis seems to mark the next stage in the evolution of the Semester. It connects the Semester with the wider Recovery and Resilience Facility (RRF) and links its country-specific recommendations to conditional financial support. Thus, the next stage of the Semester suggests a stronger and more deliberate interlinkage of different EU tools that jointly guide national socioeconomic policies. It should support both national public investment and reforms while focusing on meeting the EU priority of moving towards a climate-neutral, digitalized, and resilient Europe (De la Porte & Dagnis Jensen, 2021). This article addresses the question of what room the new-style Semester gives to the involvement of national-level actors, such as national parliaments. Therefore, it expands existing analytical frameworks in order to assess the RRF in connection to the Semester, focusing on the degree of obligation, enforcement, and centralisation. Jointly, this outlines the room the RRF gives to the participation of national actors in the Semester. The article concludes that although the national parliaments are not mentioned in the Regulation establishing the RRF, they could claim a role both in developing national plans for accessing financial support as well as in amending and approving reforms.

Assessing the Effectiveness of Public Investment in Research and Development by Federal Executive Bodies in Russia

2016 ◽  
Vol 11 (4) ◽  
pp. 399-410 ◽  
Author(s):  
Irina Ilina ◽  
Elena Zharova ◽  
Aleksandr Borodin ◽  
Stepan Burlankov
Keyword(s):  
Financial Support ◽  
Public Expenditure ◽  
Technological Development ◽  
Public Investment ◽  
Public Spending ◽  
The State ◽  
State Budget ◽  
Research Areas ◽  
General Rules ◽  
Key Indicators

The purpose of this study is to develop an instrument to measure the effectiveness of public investment in R&D and make timely adjustments to scientific and technical policy. This will contribute to the growth of fundamental results, patents as well as their commercialization and innovative development for the overall economy. This article assesses the effectiveness of public investment in research and technological development (RTD), including attracted extra-budgetary funds, on the basis of the authors' methodology for assessing the efficiency of public spending on RTD projects. The main distributors of state budget funds in Russia are the Federal Executive Bodies (FEB). The proposed tool first allows the evaluation of the effectiveness of public expenditure on RTD in general, although it does not involve comparing individual FEB administrations, but only evaluates their work in promoting the development of their assigned research areas in terms of dynamics. This method sets the general rules for an evaluation of effectiveness in the state financial support of RTD, defines the key indicators reflecting the performance of such support and the use of science as a tool for ensuring the achievement of indicators and the socio-economic development of the state.

scholarly journals Combating terrorism: the EU experience

2021 ◽  
pp. 67-73
Author(s):  
I. BILAN
Keyword(s):  
Law Enforcement ◽  
State Policy ◽  
The State ◽  
European Countries ◽  
National Legislation ◽  
Counter Terrorism ◽  
Eu Countries ◽  
Special Services ◽  
Foreign Countries ◽  
The Eu

The article analyzes the EU experience in the field of counter-terrorism. Problems of implementation of the state policy in this sphere are explored. Measures taken by EU countries to prevent terrorism are being examined. The national legislation of some European countries on counter-terrorism is analyzed. The article concludes that the current international counter-terrorism policy is characterized by the adoption of acts that take into account the need to criminalize all socially dangerous acts of terrorism, strengthen interdepartmental cooperation between law enforcement and special services of foreign countries, establish links between regional counterterrorism structures.

Russia - European Union: The continuation ofthe sanctions standoff

2017 ◽  
pp. 114-127
Author(s):  
M. Klinova ◽  
E. Sidorova
Keyword(s):  
European Union ◽  
Economic Recession ◽  
Economic Sanctions ◽  
Current Data ◽  
The State ◽  
The European Union ◽  
The Impact ◽  
The Eu ◽  
Year 2013

The article deals with economic sanctions and their impact on the state and prospects of the neighboring partner economies - the European Union (EU) and Russia. It provides comparisons of current data with that of the year 2013 (before sanctions) to demonstrate the impact of sanctions on both sides. Despite the fact that Russia remains the EU’s key partner, it came out of the first three partners of the EU. The current economic recession is caused by different reasons, not only by sanctions. Both the EU and Russia have internal problems, which the sanctions confrontation only exacerbates. The article emphasizes the need for a speedy restoration of cooperation.

European and Ukrainian experience in financial support to farming activities through fiscal instruments

2020 ◽  
Vol 23 (9) ◽  
pp. 1040-1063
Author(s):  
E.A. Nepochatenko ◽  
E.T. Prokopchuk ◽  
B.S. Guzar
Keyword(s):  
Agricultural Production ◽  
Financial Incentives ◽  
Financial Support ◽  
Financial Regulation ◽  
Negative Impact ◽  
Developed Countries ◽  
European Countries ◽  
Main Task ◽  
Statistical Research ◽  
Tax Regimes

Subject. The article considers financial regulation through the use of tax mechanisms. Objectives. The aim of the study is to evaluate European and Ukrainian practices of fiscal incentives for farming through fiscal instruments with VAT playing the key role. Methods. In the study we employed economic and statistical research methods, like monographic, comparison, scientific generalization. Results. Based on the analysis of VAT implementation on farmers in developed countries in Europe we substantiated the conclusion about its focus on simplifying the tax procedures and eliminating the negative impact on operations of economic entities. Special tax treatment (including VAT collection) is mainly used to streamline tax relations, taking into account the specifics of farming, rather than to improve the financial support to farms. We revealed that in the Ukrainian practice its main task is financial support to agricultural production. Conclusions and Relevance. The experience of developed European countries on the use of special tax regimes and taxation procedures should serve as a model for Ukraine. Financial incentives for agricultural production development should be directly supported by the State, and special tax treatment and tax administration should be focused on streamlining tax relations in the region, based on the practice of developed European countries such as UK, Germany, Italy and France.

Establishing knowledge-based and digital cooperation between small and medium-sized businesses, science and the State through a cluster approach

2020 ◽  
Vol 18 (11) ◽  
pp. 2089-2110
Author(s):  
A.V. Ivanchenko ◽  
E.S. Mezentseva
Keyword(s):  
Financial Support ◽  
Triple Helix ◽  
The State ◽  
Sverdlovsk Oblast ◽  
Cluster Approach ◽  
Innovation Development ◽  
Economic Agents ◽  
Knowledge Based ◽  
Cluster Network ◽  
Digital Development

Subject. This article discusses the issues of innovative and digital development of the economy. Objectives. The article aims to justify the benefits of cluster cooperation and networking between different structures. Methods. For the study, we used systems, logical, structural, and comparative analyses, generalization and statistical methods, and the cluster-network and institutional approaches. Results. The article substantiates the role and position of small business in the innovation development of the Sverdlovsk Oblast and identifies trends of innovation and digital advancement. Conclusions. The cluster theory, supplemented with the Triple Helix concept, can be a basis for rationale for effective ways of integrating economic agents. Small innovative business has significant potential for sustainability, but it needs additional financial support from the State.

Парламент или Советы: российский выбор 1918 года

2016 ◽  
Vol 14 (3) ◽  
pp. 93-99
Author(s):  
Игорь А. Исаев
Keyword(s):  
Legal History ◽  
Direct Action ◽  
The State ◽  
European Countries ◽  
The Political ◽  
Political Systems ◽  
Basic Principles ◽  
Political Form ◽  
The Revolution

The article deals with one of the most important issues in the Soviet political and legal history. The choice of the political form that was established almost immediately after the victory of the Bolsheviks in the Revolution of 1917, meant a change in the direction of development of the state. Councils became an alternative to the parliamentary republic. The article analyzes the basic principles of both political systems and the reasons for such a choice. The author emphasizes transnational political direction of the so-called “direct action” which took place not only in Russia, but also in several European countries.

The state of democracy in the European Union in scenarios: federation, empire and Europe à la carte

2016 ◽  
pp. 90-108
Author(s):  
Marta Witkowska
Keyword(s):  
European Union ◽  
Reference Point ◽  
The State ◽  
The European Union ◽  
Scenario Development ◽  
Normative Approach ◽  
Norms And Values ◽  
The Subject ◽  
The Eu ◽  
A La Carte

The aim of the article is to present possible scenarios on maintaining democracy in the EU, while assuming different hypothetical directions in which it could develop as a federation, empire and Europe à la carte. Selected mechanisms, norms and values of the EU system that are crucial for the functioning of democracy in the European Union are the subject of this research. The abovementioned objective of scenario development is achieved through distinguishing the notions of policy, politics and polity in the research. In the analysis of the state of democracy in the European Union both the process (politics) and the normative approach (policy) have been adopted. The characterised norms, structures, values and democratic procedures in force in the EU will become a reference point for the projected scenarios. The projection refers to a situation when the existing polity transforms into a federation, empire or Europe à la carte. The article is to serve as a projection and is a part of a wider discussion on the future of the basis on which the European Union is build.

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