scholarly journals National features of business development in Ukraine: Global comparisons and spatial asymmetries

2019 ◽  
pp. 118-124
Author(s):  
Iryna I. Nadtochii
Keyword(s):  
Economic Development ◽  
Business Process ◽  
Positive Impact ◽  
Developed Countries ◽  
Business Development ◽  
Living Standards ◽  
Entrepreneurial Activity ◽  
Global Comparison ◽  
Doing Business ◽  
Ease Of Doing Business

The research objective. The purpose of the article is to make a global comparison of national features of business development in Ukraine, taking into account the spatial asymmetry. Methodology. The theoretical and methodological basis of the study are the scientific works of scientists in the study of business process management in the system of competitive development of territories. To achieve this goal, the following research methods were used: theoretical generalization – generalization of the concept of globalization; methods of statistical analysis – for the analysis of indicators of the index of ease of doing business for Ukraine. Results. It is determined that globalization processes contribute to the formation of global trends in economic development of entrepreneurship in the system of competitive development of territories. The presence of the global economic space with its conjuncture and interconnections for underdeveloped territories can serve as an impetus for economic development through foreign investment, and may, conversely, increase the dependence of underdeveloped territories on developed countries by appropriating a share of additional product produced from underdeveloped resources. countries. During the period 2014–2019, Ukraine improved its position only in the ranking of the Ease of Doing Business Index, according to which in 2014 Ukraine ranked 116th, and in 2019 rose to 71st place. In the ratings of competitiveness and prosperity, Ukraine’s position has deteriorated somewhat. According to the competitiveness index, in 2014 Ukraine ranked 76th, and in 2019 it dropped to 85th place. According to the prosperity index, in 2014 Ukraine took 61st place, and in 2019 it dropped to 96th place. It has been studied that the index of ease of doing business is a signal to investors to choose a country to invest and do business. Investors are always interested not only in how easy it is to organize business but also in how transparent the conditions of competition are and whether the interference of the state and government structures in the business process is excessive. The level of entrepreneurial activity is related to the level of corruption in the country: the lower the level of corruption, the higher the level of entrepreneurial activity. In addition, business development has a positive impact on living standards by creating jobs and providing income. Practical meaning. The results of the analysis will allow the authorities of the country and its individual territories to develop the necessary measures to improve business conditions, to improve living standards and to ensure the effectiveness of the economic development of the country or territory. Prospects for further research. Implementation of the regional assessment of business development trends.

scholarly journals Internet use and its importance in Kosovo

2022 ◽  
Vol 8 (1) ◽  
pp. 24
Author(s):  
Hysni Terziu
Keyword(s):  
Economic Development ◽  
Rapid Development ◽  
Business Environment ◽  
Business Development ◽  
Living Standards ◽  
The Internet ◽  
Doing Business ◽  
The Republic ◽  
Favorable Conditions ◽  
New Jobs

The Internet as a communication medium, with its possibilities and its rapid development, revolutionized the way of doing business, so much so that it pushed a large number of economists to declare that, in the coming years of doing business through information technology, will be one of the most preferred opportunities for businesses and consumers across the globe. The main purpose of this paper is to identify the opportunities that businesses have to influence the economic development in the Republic of Kosovo, through their ability to generate new jobs, increase exports, and contribute to improving the living standards of the citizens of the Republic of Kosovo. Kosovo, using the Internet, as a contemporary and competitive form of business development. In order to realize such an environment, of course we have to consider two main issues, one to recognize and identify the problems that business has and another issue, how much human and material capacity Kosovo has, to provide a favorable environment. doing business online. The study realizes the first issue, which means that, in a scanned way, we tell the decision-making institutions that here are the administrative barriers that concern the business, here are the obstacles that unfairly tire the business, etc. The second issue should be asked by the relevant institutions and it should be noted that, if we want a success and sustainable economic development, then Kosovo should also provide an attractive business environment by applying the Internet.We conclude that favorable conditions must be created for the development of business and the Internet, in order for it to be efficient and sustainable, which is a necessary precondition for achieving the main goals of a sustainable economy, which contributes to the generation of countries. new jobs, improving the welfare and living standards of citizens in the Republic of Kosovo.

scholarly journals Greenfield investments as a form of investing in the Serbian economy

2021 ◽  
Vol 18 (2) ◽  
pp. 91-104
Author(s):  
Nemanja Gogić
Keyword(s):  
Economic Development ◽  
Positive Impact ◽  
Services Sector ◽  
Doing Business ◽  
Long Run ◽  
Greenfield Investments ◽  
Starting Point ◽  
Survey Results ◽  
Ease Of Doing Business ◽  
Administrative Procedures

The starting point of the research is to answer the question of whether Green-field investments as a form of investment stimulate Serbia's economic development. The greatest attention is focused on analysis, comparative analysis, statistical analysis, collecting quantitative, qualitative, chronological data and deduction methods. Survey results show that Greenfield investment in the services sector does not bring economic growth and development in the long run. Only Greenfield investments that are invested in the processing sector, and those export-oriented Greenfield companies, can have a positive impact on the economic development of the economy. To attract Greenfield investments, the external environment needs to be improved. The ease and ease of doing business is a positive signal for attracting more investment. Serbia still applies as a country with high corruption, low levels of rules of law, and high levels of administrative procedures, which create a serious barrier to attracting Greenfield investment.

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 Impacts from Economic Development and Environmental Factors on Life Expectancy: A Comparative Study Based on Data from Both Developed and Developing Countries from 2004 to 2016

2021 ◽  
Vol 18 (16) ◽  
pp. 8559
Author(s):  
Zhiheng Chen ◽  
Yuting Ma ◽  
Junyi Hua ◽  
Yuanhong Wang ◽  
Hongpeng Guo
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Gini Coefficient ◽  
Negative Impact ◽  
Positive Impact ◽  
Developed Countries ◽  
Environmental Indicators ◽  
Gdp Per Capita ◽  
Per Capita ◽  
Urbanization Rate

Both economic development level and environmental factors have significant impacts on life expectancy at birth (LE). This paper takes LE as the research object and selects nine economic and environmental indicators with various impacts on LE. Based on a dataset of economic and environmental indicators of 20 countries from 2004 to 2016, our research uses the Pearson Correlation Coefficient to evaluate the correlation coefficients between the indicators, and we use multiple regression models to measure the impact of each indicator on LE. Based on the results from models and calculations, this study conducts a comparative analysis of the influencing mechanisms of different indicators on LE in both developed and developing countries, with conclusions as follow: (1) GDP per capita and the percentage of forest area to land area have a positive impact on LE in developed countries; however, they have a negative impact on LE in developing countries. Total public expenditure on education as a percentage of GDP and fertilizer consumption have a negative impact on LE in developed countries; however, they have a positive impact on LE in developing countries. Gini coefficient and average annual exposure to PM2.5 have no significant effect on LE in developed countries; however, they have a negative impact on LE in developing countries. Current healthcare expenditures per capita have a negative impact on LE in developed countries, and there is no significant impact on LE in developing countries. (2) The urbanization rate has a significant positive impact on LE in both developed countries and developing countries. Carbon dioxide emissions have a negative impact on LE in both developed and developing countries. (3) In developed countries, GDP per capita has the greatest positive impact on LE, while fertilizer consumption has the greatest negative impact on LE. In developing countries, the urbanization rate has the greatest positive impact on LE, while the Gini coefficient has the greatest negative impact on LE. To improve and prolong LE, it is suggested that countries should prioritize increasing GDP per capita and urbanization level. At the same time, countries should also work on reducing the Gini coefficient and formulating appropriate healthcare and education policies. On the other hand, countries should balance between economic development and environmental protection, putting the emphasis more on environmental protection, reducing environmental pollution, and improving the environment’s ability of self-purification.

scholarly journals Remittances and Quality of Life of Emigrant Families in Kerala

2016 ◽  
Vol 2 (02) ◽  
Author(s):  
RUKSANA. M.M. ◽  
Dr. K. GANGADHARAN
Keyword(s):  
Quality Of Life ◽  
Economic Development ◽  
Developed Countries ◽  
Living Standards ◽  
Survey Report ◽  
The People ◽  
Unskilled Labour ◽  
The Developed Countries ◽  
The Impact

International migration has an important role in the economic development of every economy.In Kerala, most of the people prefer to emigrate for skilled and unskilled labour to the developed countries to improve the living standards oftheir families.According to Kerala Migration Survey Report, forevery 100 households in the state, there were 29.3 emigrants in 2014and the number of emigrants has increased graduallyover the years, from13.6 lakhs in 1998 to 24.0 lakhs in 2014.Kerala is receiving an increasing amount of money from abroad as workers’ remittances and total remittancesto Kerala in 2014 was estimated to be Rs71,142 crores.Remittances per household were Rs 86,843 in 2014 compared to Rs. 63,315 in 2011 and Rs. 57,227 in2008.The present study is to find out trend and growthof household remittance in Kerala and to analyze the impact of these remittance to the living standards of emigrant families.

scholarly journals The Importance оf Small and Medium Enterprises in the Economic Development of Eastern Europe

2021 ◽  
Vol 17 ◽  
pp. 898-910
Author(s):  
Petrunenko Iaroslav ◽  
Iryna Khmarska ◽  
Tetiana Tkachenko ◽  
Hanna Koptieva ◽  
Veronika Komandrovska
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Eastern Europe ◽  
Small And Medium Enterprises ◽  
Size Class ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
Medium Enterprises ◽  
The Impact ◽  
Micro Enterprises

An important engine of economic development of the country is the development of small and medium enterprises. At the same time, small and medium-sized businesses, being elements of the economic system, have a significant impact on the overall economic growth of the country. Thus, there is a mutual influence of economic units on the economy as a whole. The purpose of the article is to study the impact of small and medium-sized enterprises of small and medium-sized enterprises on the gross domestic product on the example of Eastern European countries. Methods: analysis, description, observation, comparison, generalization, induction, deduction, grouping, systematization, tabular and graphical representation. Results: The level of ease of doing business in Eastern Europe was analyzed according to the Ease of doing business ranking and it was found that the Czech Republic and Poland are among the 40 countries in Eastern Europe ranked 40th and 41st out of 190 possible. It is established that the subjects of small (including micro-enterprises) and medium-sized enterprises belonging to the non-financial sector, in the structure of all enterprises of the non-financial sector of each of the studied countries occupy more than 90%. It was found that a significant share in the structure of small and medium enterprises in Eastern Europe is occupied by micro-enterprises, while the share of medium-sized enterprises is the lowest. The results of regression analysis to determine the impact of small and medium enterprises on the economic growth of countries obtained by establishing the dependence of GDP on Turnover of the non-financial business economy by size class of employment. Revealed a high dependence of GDP Turnover of the non-financial business economy by size class of employment in all surveyed countries in Eastern Europe.

Digital transformation of Indian Business- An analysis

GIS Business ◽  
2019 ◽  
Vol 14 (6) ◽  
pp. 116-123
Author(s):  
Dr. S. Seethalakshmi ◽  
Dr. K. Shyamala
Keyword(s):  
Economic Growth ◽  
Business Development ◽  
Digital Transformation ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
The Way

India is celebrating 4 years of digital empowerment since 2015, when the Digital India campaign was launched. The Digital transformation has spread roots across all facets of the life of the Indians. It has made a big impact on the way business is being done in India. India has risen to Rank 77 in “Ease of doing business” from 130th place in 2016 [1]. The digital empowerment has laid a strong foundation for the economic growth and business development. India has become the fifth largest economy in terms of GDP and is among the fastest growing major economies. Digitisation has augmented the potential of the Indian business houses.

Mobile Telephony and Economic Growth in Developing Economies

2011 ◽  
pp. 161-172 ◽  
Author(s):  
Heli Virta ◽  
Kaisu Puumalainen ◽  
Anni Tuppura
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Developing Economies ◽  
Positive Impact ◽  
Developed Countries ◽  
Entrepreneurial Activity ◽  
Low Income Countries ◽  
Mobile Telephony ◽  
Mobile Cellular ◽  
Fixed Line

This chapter investigates the influence of mobile phone penetration on economic growth in developing economies. It is widely agreed that telecommunications infrastructure has a positive effect on GDP growth. The empirical evidence concerns mainly fixed line telephony and is mostly conducted with samples from developed countries. Mobile telephony, on the other hand, may be particularly important in those low-income countries, where landlines are not accessible to all. As there also is some evidence that mobile technology may encourage innovative entrepreneurial activity, it is likely that mobile telephony has a great positive impact on welfare especially in developing economies. To examine the role of mobile telephone penetration in economic growth, we use difference and system GMM estimators with a sample of low-income and lower middle-income countries and find mobile telephony to boost economic growth. This result suggests that extensive mobile cellular network coverage facilitates economic development in developing countries.

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 Corruption and Ease of Doing Business: Evidence from ECOWAS

2020 ◽  
Vol 8 (1) ◽  
pp. 19-37
Author(s):  
Kamaldeen Ibraheem Nageri ◽  
Umar Gunu
Keyword(s):  
Low Income ◽  
Random Effect ◽  
Random Effect Model ◽  
Developed Countries ◽  
Mean Value ◽  
Common Mean ◽  
Doing Business ◽  
Negative Effect ◽  
Ease Of Doing Business ◽  
Control Of Corruption

AbstractCorruption has a major impact on growth in low-income economies, while ease of doing business has a major impact on growth in developed countries. The study empirically examines the effect of corruption on ease of doing business. The study analyses unbalanced panel data of corruption rank, corruption score, control of corruption, and inflation, together with other economic and financial institutional factors and ease of doing business score for the period of 2004–2017. Results indicate that: corruption rank, inflation, and import have negative and significant effect on ease of doing business; corruption score, control of corruption, lending rate spread, and education (skill level) have positive and significant effect on ease of doing business; gross capital formation and population have insignificant negative effect on ease of doing business; export and gross domestic product have insignificant positive effect on ease of doing business. The random effect model is a consistent and most efficient model, indicating common mean value for ease of doing business for the dataset. The study recommends improved corruption scores, control of corruption, and ranks to encourage ease of doing business through monetary policy and infrastructural facilities.

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