scholarly journals THE ROLE AND PLACE OF THE EXTRACTIVE INDUSTRY IN THE ECONOMY OF UKRAINE

2020 ◽  
Author(s):  
Svitlana Svirko ◽  
◽  
Valerii Parshakov ◽  
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Capital Investment ◽  
Mining Industry ◽  
Extractive Industries ◽  
Steady Increase ◽  
Successful Operation ◽  
Extractive Industry ◽  
Intermediate Consumption ◽  
Fixed Assets

The article analyzes a number of scientific literature on the problems of the functioning and development of the mining industry of Ukraine. However, the analysis showed that the research did not focus on the importance of the extractive industry in the economy of Ukraine. In the course of the research it was established that Ukraine is definitely one of the most powerful mineral resource countries in the world, this situation is explained by the complex geological structure of Ukraine. It is established that for generalization of information data the classification of kinds of economic activity in its consecutive logical heredity is offered for application, thus for the basic level to choose section coding. The article considers the role and place of the extractive industry in the economy of Ukraine. A number of statistical indicators of general economic importance were studied, namely: the volume of produced and intermediate consumption of extractive industries (showed that the leader in intermediate consumption is the processing industry, but it showed a decline in demand for extractive industries); foreign trade balance in the context of the extractive industry (indicates a gradual leveling of Ukraine's foreign trade balance in the extractive industry, both by maintaining a relatively stable indicator of exports of its products and reducing imports); the share of the extractive industry in the total volume of goods and services (demonstrates a steady increase in intermediate consumption of extractive industries in customer prices), the availability and condition of fixed assets (demonstrates a fragmentary increase in the initial cost of fixed assets within the domestic economy) within the industry of Ukraine and in fact stable – within the extractive industry) and the volume of capital investment in this industry (the dynamics should be considered positive, as the level of investment in the studied industry exceeds the level of total investment by 1.3 times and 1.03 times the level of industrial investment Of Ukraine). Based on the analysis, the relevant conclusions were made on the state and activities of the extractive industry, which, in general, should be considered better than the country as a whole, and in some respects – and the country's industry. This, as well as the functional purpose of this industry, allows us to emphasize that the extractive industry is an integral part of the overall economic complex of the country, which ensures its smooth and successful operation.

scholarly journals Priority areas of state regulation of the industry in the context of sustainable development

2021 ◽  
Vol 915 (1) ◽  
pp. 012028
Author(s):  
N Shmygol ◽  
O Galtsova ◽  
O Yelisyeyeva ◽  
Tarlopov ◽  
V Belozertsev
Keyword(s):  
Statistical Data ◽  
Raw Materials ◽  
Mining Industry ◽  
State Regulation ◽  
Economic Activities ◽  
Extractive Industry ◽  
Accounts Receivable ◽  
Goods And Services ◽  
Accounts Payable ◽  
Intermediate Consumption

Abstract In the article it is proved, that the economic development of any industry depends on the results of the economic activities of the enterprises that are part of it. Based on the available statistical data, we proposed a model for diagnosing the results of the mining industry and conducted a comparative analysis of the results of the study in the context of economic activities. Given the high integration of mining enterprises into the system of intersectoral relations, this problem cannot be solved within the framework of one industry. Therefore, it is proved that, taking into account the existing experience, it requires complex measures: accounts receivable are formed as a result of late payment for delivered products. The main consumers of the extractive industry are: the processing industry, the supply of electricity, gas, air conditioning and transport. They consume more than 87% of the products of this industry in the intermediate consumption market and are the most debtors; on the other hand, these regions are also the largest suppliers of raw materials, materials and semi-finished products for the extractive industry. Therefore, in the end, the accumulation of current accounts payable at the enterprises of the extractive industry for the delivered goods and services is the least desirable for them.

scholarly journals DYNAMICS OF FOREIGN TRADE OF THE NORDIC COUNTRIES

2021 ◽  
Vol 24 (6) ◽  
pp. 79-86
Author(s):  
Roman Plyusnin ◽  
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Trade Balance ◽  
Energy Resource ◽  
Practical Interest ◽  
Nordic Countries ◽  
The State ◽  
Steady Increase ◽  
The Past ◽  
The Cost

The article aims to identify the main trends in the development of international trade in the Nordic Countries (Sweden, Norway, Denmark and Finland) over the past decade. To achieve it, the author sets three interrelated tasks. The first is to trace the general dynamics of exports and imports of goods, to identify common and special features. The second task is to determine how the COVID-19 pandemic has affected commodity flows and the state of the trade balance. The third task is to analyze the state and dynamics of the foreign trade of these countries with China, which has significantly increased its share in world trade over the past decade. A comparison of the developments that have arisen in the entire international trade of the Nordic countries and in their trade with China may be of considerable research and practical interest. Based on the analysis, it was found that before the coronacrisis, all of Nordic Countries had a steady increase in the cost of imports except Finland, which is most dependent on Russia in this regard. The cost of exports grew more slowly in these countries, and in Norway, as a result of falling energy resource prices, it decreased significantly. The coronacrisis hit all the countries of Northern Europe, but Finland’s foreign trade suffered the most. The volume of trade with China in these countries has increased over the period under review. Even in 2020, there was an increase in almost all indicators. At the same time, the cost of exports to China grew faster than the cost of imports (with the exception of Finland). But the trade balance still remained negative for everyone except Sweden.

RESEARCH OF FEATURES OF FOREIGN ECONOMIC TRADE OF REGIONAL ECONOMY SERVICES

2019 ◽  
pp. 44-51
Author(s):  
Andrii ZAVHORODNII
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Trade Balance ◽  
Well Being ◽  
General Situation ◽  
The Black Sea ◽  
Reduction Peak ◽  
Black Sea Region ◽  
Economic Relations ◽  
Export Dynamics

Abstract Introduction. Nowadays the foreign economic activity of the regions serves as a factor contributing to improving the population well-being, improving its life quality, as well as territory socio-economic development and increasing its competitiveness. The purpose of the article is to analyze the foreign trade in services at the regional level and to identify its features. Results. The comparative analysis of the services export dynamics was conducted in the studied regions for the period from 1996 to 2018: the periods of growth, reduction, peak values were identified, the leader – Odessa region was determined. At the same time, it is emphasized that due to the decrease in the indicator in Odessa region and the growth in the Mykolaiv region, the gap between them narrowed significantly for the period from 2012. The dynamics of the services import volume in the economy of the studied regions has been analyzed. Determination of the leader – Odessa region was done, the trends of dynamics for the studied period are considered. The dynamics calculation of the foreign trade balance in services in the Mykolayiv region is given. The calculation of the chain gains index of the services foreign trade balance in the Mykolaiv region is given, which indicates a considerable amplitude of fluctuations and reduction from 2014 to 2016. Results. The foreign trade balance in services in the studied areas was calculated and analyzed: the Odessa region was the leader before 2010. After in accordance with the services export dynamics in Odessa and Mykolaiv regions, their convergence to the actual equalization in 2018 is observed. The positive value of the balance in all the regions for the whole study period is noteworthy. The analysis makes it possible to confirm the significant dependence of the foreign regions economic activity of the Black Sea region on the general situation in the country with divergent tendencies of indicators changes, which allows to define it as heterogeneous. Keywords: foreign economic activity of the region, export, import, dynamics, regional foreign economic relations, foreign economic relations of the region.

Best Available Techniques in mining industry: topical issues and solution methods

2020 ◽  
pp. 55-64
Author(s):  
A. E. Zakondyrin
Keyword(s):  
Mining Industry ◽  
Mineral Resources ◽  
Economic Activities ◽  
Extractive Industry ◽  
Best Available Techniques ◽  
Ecological Changes ◽  
Solution Methods ◽  
Frame Work ◽  
The Russian Federation ◽  
Negative Environmental Impact

Extraction of mineral resources is one of the most profitable economic activities of the country, commanding a large part in Russian GDP. Nevertheless, precisely extractive industry is simultaneously leading in the level of Negative Environmental Impact. Adoption and application of BAT in mining sector companies requires essential changes in ecological policy of the Russian Federation. Although they were already started since 2014, there are still many unsolved problems in this area. It is emphasized within the article frame work, that one of the most topical issues is a long-standing need to develop more efficient methods and mechanisms of state support for technological and ecological changes. The ways of difficulties overcoming were considered, recommendations on enhancement of existing regulatory framework and standardisation documents in the area of research were made.

scholarly journals УПРАВЛІННЯ ЗМІНАМИ НА ДОБУВНИХ ПІДПРИЄМСТВАХ УКРАЇНИ ЯК ЧИННИК ЇХ РОЗВИТКУ

2019 ◽  
Vol 131 (1) ◽  
pp. 111-118
Author(s):  
Наталія Сергіївна Приймак
Keyword(s):  
Corporate Culture ◽  
Resistance To Change ◽  
Raw Materials ◽  
Production Capacity ◽  
Business Environment ◽  
Government Support ◽  
Extractive Industries ◽  
Extractive Industry ◽  
Primary Sector ◽  
Consumer Safety

Extractive industries (mining and quarrying, in particular) is a strategically important part of the primary sector of Ukraine. The current state of the extractive industries is characterized by a certain revival, however only in a few sectors. The purpose of this paper is to provide insights to the extractive industry performance and identify the main factors of change that will ensure growth in the primary sector. The analysis showed that as of today the extractive industry companies demonstrate low performance efficiency (a slowdown in production growth rate, fluctuations in cost effectiveness and profits, a significant share of unprofitable businesses), their technical and production capacity fail to meet the global trends which is underpinned by ineffective opportunity management in the given sector. For extractive industries, change management gains critical importance subject to their high environmental dynamism. Changes in the business environment in the mining and quarrying sectors are generated by the factors of space, time, consumer, safety, products, price – all of which initiate external changes; reduce (curtail) lag changes; trigger changes in the market infrastructure and the range of related services; promote government support extension; yet again prove the need for changes in extraction engineering and technology, raw materials processing and enrichment; assign changes in approaches to cost control and pricing methods. The key messages that make companies move forward to change should be: increasing difficulties in confronting the entropic effects of the external environment; crisis phenomena within companies; deterioration of market environment; company management or any stakeholders’ (their groups) initiatives of changes; contact group information on certain requirements for products, prices, resources cost, etc. The research findings have revealed the following headwinds that hamper changes: the lack of effective management and professional managers capable of implementing the entire cycle of changes; inefficient organizational structure, the presence of conflicts in the organization; resistance to change; undeveloped corporate culture of the enterprise.

scholarly journals Extracting Trading Locus: Where we are in Indo-Nepal Trade?

2020 ◽  
Vol 17 ◽  
pp. 41-53
Author(s):  
Khom Raj Kharel ◽  
Dhan Raj Chalise
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Significant Contribution ◽  
Trade Agreement ◽  
Total Trade ◽  
Trade Relations ◽  
Analytical Research ◽  
Ancient Times ◽  
Mutual Relations ◽  
Import Trade

Nepal and India have had trade relations since time immemorial. Nepal was known as an exporting nation in the ancient times. Before the trade agreement between Nepal-Britain Treaty in1923, Nepal's trade with India was more than 95 percent. Despite various treaties and agreements between Nepal and India, Nepal's trade with India now accounts for around 65 percent of total trade. Despite the trade and mutual relations between Nepal and India, India has been treating Nepal on the basis of benefits. In different time periods, India has been creating problems in trade and transit, contrary to international norms and trade and transit treaties, under various pretexts. The objective of this paper is to review of Indo-Nepal trade and transit treaties and analyzing the present status. Descritptive and analytical research design is applied and simple statistical tools are used to analyze the growth and direction of foreign trade of Nepal. Linear regression model is applied to measure the total trade with India and total volume of foreign trade of Nepal. This study has found that there has been significant contribution of total trade with India to the total volume of foreign trade of Nepal. The import trade of Nepal with India is extremely high in comparison to export trade and total trade balance and trade balance with India has been increasing with a huge deficit.

scholarly journals СПОЉНОТРГОВИНСКА РАЗМЕНА СРБИЈЕ И ЗНАЧАЈ АГРАРНОГ СЕКТОРА

TEME ◽  
2017 ◽  
pp. 711
Author(s):  
Драгица Божић ◽  
Марија Николић
Keyword(s):  
Foreign Trade ◽  
Comparative Advantage ◽  
Trade Balance ◽  
Total Trade ◽  
Agrarian Sector ◽  
Primary Products ◽  
The World ◽  
The Difference ◽  
Basic Characteristics ◽  
Large Deficit

The foreign trade of the Serbian economy is characterized by a large deficit and unfavourable structure. The importance of the agrarian sector in total trade is reflected in the constant positive trade balance and increasing participation, particularly in export. The aim of the paper is to analyze the basic characteristics of foreign trade of Serbia, as well as to point out the importance of the agrarian sector in the period 2005-2014. In the first part of the paper are analyzed trends of export, import, and the level of openness of Serbian economy. In the following part the structure of export and import is discussed, and the concentration index presented, or the Herfindahl-Hirschmann index, as well as the diversification index which indicates the difference between the structure of Serbian export and import and the international average. In addition to these indicators, the revealed comparative advantage index was calculated. The analysis of foreign trade of Serbian overall economy indicates a significant presence of agricultural and food products in its structure, particularly in export, and confirms that the agrarian sector is one of few sectors with a constant surplus. Determined indicators show that the comparative advantage in the overall economy trade of Serbia with the world is achieved in primary products and products of lower processing phase, of which a significant part is from the agrarian sector. Therefore, in the final part of the paper the participation of the agrarian sector in the total foreign trade of Serbia is shown.

scholarly journals La importancia de la inversión extranjera directa en México

2017 ◽  
Vol 3 (5) ◽  
Author(s):  
U. De la Garza
Keyword(s):  
Foreign Direct Investment ◽  
Foreign Trade ◽  
Trade Balance ◽  
Direct Investment ◽  
National Development ◽  
Negative Consequences ◽  
Positive Effects ◽  
Manufacturing Productivity

Abstract: The Foreign Direct Investment (FDI) has had important consequences in the Mexican economy, along the positive effects at the same time can be indicated the contributions in manufacturing, productivity, wages, employment and foreign trade; also some negative consequences have appeared, between the displacement of the internal savings and the deterioration in trade balance are one among the most important. Nevertheless, the general conclusion reflects the positive effects are enough to promote the hosting to new investments inthe national territory.Key words: Foreign Direct Investment, national development, Foreign Direct investment consequencesResumen: La inversión extranjera directa ha tenido importantes consecuencias en la economía mexicana, entre los efectos positivos de la misma se pueden señalar las contribuciones en la producción, productividad, salarios, empleo y el comercio exterior, pero también se han presentado algunas consecuencias negativas, entre las cuales el desplazamiento del ahorro interno y el deterioro en la balanza comercial son las más importantes. Sin embargo, el balancegeneral muestra que los efectos positivos son lo suficientemente satisfactorios para promover la llegada de nuevas inversiones al territorio nacional.Palabras clave: Inversión Extranjera Directa, desarrollo nacional, consecuencias de la Inversión Extranjera Directa

scholarly journals Role of agriculture and multifunctional rural development in Serbia

2011 ◽  
Vol 5 (1-2) ◽  
pp. 47-55 ◽  
Author(s):  
Natalija Bogdanov ◽  
Zorica Vasiljevic
Keyword(s):  
Rural Development ◽  
Foreign Trade ◽  
Rural Areas ◽  
Trade Balance ◽  
The Other ◽  
Agricultural Activities ◽  
Family Farms ◽  
Rural Space ◽  
Clear Explanation

Serbia is mostly rural country, as three fourth of its territory make rural areas, while almost half population is living in rural areas. Serbian agriculture is the sector which is very important for the total economy of the country in respect of resources, participation in GDP, employment as well as importance for rural areas and population. This is the only sector in Serbian economy that shows positive foreign trade balance in the recent several years.There are potentials for development of agrarian entrepreneurship on one hand, but on the other, there are constraints in existence of great number of small family farms whereas the huge share could not have commercial profile and could not live only from agricultural activities. The concept of multifunctional development of agriculture and rural areas is still present mostly in scientific and political sphere without clear explanation or interpretation as well as mechanisms of implementation. Serbia’s rural space is heterogenic and devastated in different extent, and therefore extremely complicated for planning of multifunctional development.

scholarly journals Wilful entanglements: Extractive industries and the co-production of sovereignty in Mozambique

Ethnography ◽  
2018 ◽  
Vol 21 (4) ◽  
pp. 537-558 ◽  
Author(s):  
Jon Schubert
Keyword(s):  
Mineral Resources ◽  
The State ◽  
Extractive Industries ◽  
Nation State ◽  
Private Industry ◽  
Extractive Industry ◽  
One Dimensional ◽  
Separate Spheres ◽  
Ethnographic Fieldwork ◽  
Industry Sector

This article looks at how actors commonly associated with the separate spheres of the state, private industry, and civil society, are engaging in wilful entanglements to improve the Mozambican state’s capacities in managing the country’s nascent extractive industry sector. Based on ethnographic fieldwork in and around the Ministry of Mineral Resources and Energy, the article suggests that these entanglements renegotiate and co-produce ideas and practices of the state. Historicising and ethnographically unpacking these interactions invites us to rethink one-dimensional accounts of a hollowing out of bounded, nation-state sovereignty under the influence of globalised capitalism.

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