scholarly journals OPPORTUNITIES AND RISKS OF ECONOMIC DEVELOPMENT IN POST-COVID PERIOD FOR UKRAINE AND EASTERN EUROPE

Author(s):  
Ірина Шейко ◽  
Олександра Стороженко

After a major downturn of the global economy in 2020 caused by the Covid-19 pandemic and despite renewed lockdowns in some parts of the world there are optimistic projections about global economy to rebound in 2021. The authors consider the consequences of the COVID-19 pandemic for the economies of Eastern Europe and Ukraine. Purpose of the article is to analyze the latest tendencies of economic growth perspectives in Eastern Europe countries due to COVID-19 pandemic and define the main risks, challenges and strong positions of Ukraine in post-pandemic period. The relevance of this topic lies, first of all, in the importance of determining the prospects for economic development of countries in different scenarios of the pandemic. Based on an in-depth analysis of data from international and Ukrainian agencies and individual experts, forecast data on the future economic development during 2021-2022 of Ukraine and some Eastern Europe countries are summarized. Ukraine, comparing to many countries around the world, has a relatively smaller reduction of economic indexes in 2020, due to the transformational nature of our economy, weak participation in global value chains, a significant share of shadow business and income, underdeveloped tourism, a significant share of agriculture and a large share of large-scale production, which did not stop even during peak quarantine periods.. Attention was paid to the specific risks of a pandemic for the economic development at global level, in Europe and Central Asia region and in Ukraine. The most significant challenges for national economic development were defined as such: strengthening hybrid threats to Ukraine's national security, lack of external financing and narrowing of access to international capital markets, failure to receive planned funding from the IMF, low intensity of reforms. Due to such serious risk factors, there is a need to develop a balanced regulatory to counter growing threats and restore economic growth to pre-pandemia level.

2020 ◽  
Author(s):  
Alleksandr Lukanin

The monograph examines the currently existing industrial gas emissions in the chemical, petrochemical, microbiological, pharmaceutical and related industries, methods for calculating their quantity and methods for protecting the air basin from them. The materials are based on an in-depth analysis of methods for cleaning frequently occurring, most dangerous substances that enter the Earth's atmosphere with waste gases of large-scale production. Recommendations are given on methods for calculating gross emissions of harmful substances for a large number of specific industries. The subject of the monograph is related to the scientific areas "Technosphere safety" and "Engineering environmental protection", training profiles: engineering environmental protection of localities, engineering environmental protection of industrial enterprises and environmental protection and resource conservation. It will be of interest to engineering and technical staff, graduate students and teachers.


Author(s):  
BB Marvey

Large fluctuations in crude oil prices and the diminishing oil supply have left economies vulnerable to energy shortages thus placing an enormous pressure on nations around the world to seriously consider alternative renewable resources as feedstock in biofuel applications. Apart from energy security reasons, biofuels offer other advantages over their petroleum counterparts in that they contribute to the reduction in green- house gas emissions and to sustainable development. Just a few decades after discontinuing its large scale production of bioethanol for use as en- gine fuel, South Africa (SA) is again on its way to resuscitating its biofuel industry. Herein an overview is presented on South Africa’s oilseed and biofuel production, biofuels industrial strategy, industry readiness, chal- lenges in switching to biofuels and the strategies to overcome potential obstacles.


2020 ◽  
Vol 12 (1) ◽  
Author(s):  
O. Antonyuk ◽  
T. Stupnytska ◽  
P. Antonyuk ◽  
O. Volodina

The article examines the current tendencies of entering the oil and fat subcomplex of Ukraine intothe world markets. It has been revealed that oil crops and their products are the main export commodity inagro-food export of the state. The large scale production of the sub-complex products, with modest domesticconsumption, is first and foremost associated with successful integration into international trade. Foreigntrade thus becomes an important factor in the development of the subcomplex. Considering the complexityand multidimensionality of the problem, the main segments of the market - oilseeds, oils and oilcake - arehighlighted in the research. On the basis of statistical data, the analysis of export volumes, dynamics, position on the world market and opportunities for their strengthening were made. It has been established thatUkraine, as a powerful producer and active participant in the world market, influences, to some extent, theexcess of world production over consumption of oil and products of their processing, which leads to a decrease in export prices and, as a consequence, to a loss of export earnings of domestic exporters. The studysubstantiates the need to improve the structure of production of oilseeds, the balance of use of soybeansand rapeseed, constant monitoring of the situation in foreign markets.


Author(s):  
Peter S. Wells

The peoples who inhabited Europe during the two millennia before the Roman conquests had established urban centers, large-scale production of goods such as pottery and iron tools, a money economy, and elaborate rituals and ceremonies. Yet as this book argues, the visual world of these late prehistoric communities was profoundly different from those of ancient Rome's literate civilization and today's industrialized societies. Drawing on startling new research in neuroscience and cognitive psychology, the book reconstructs how the peoples of pre-Roman Europe saw the world and their place in it. It sheds new light on how they communicated their thoughts, feelings, and visual perceptions through the everyday tools they shaped, the pottery and metal ornaments they decorated, and the arrangements of objects they made in their ritual places—and how these forms and patterns in turn shaped their experience. The book offers a completely new approach to the study of Bronze Age and Iron Age Europe, and represents a major challenge to existing views about prehistoric cultures. It demonstrates why we cannot interpret the structures that Europe's pre-Roman inhabitants built in the landscape, the ways they arranged their settlements and burial sites, or the complex patterning of their art on the basis of what these things look like to us. Rather, we must view these objects and visual patterns as they were meant to be seen by the ancient peoples who fashioned them.


Author(s):  
Nguyen Hoang Nam ◽  
Hoang Thi Hue ◽  
Nguyen Thi Bich Phuong

Traditional economic development often faces the trade-off between economic growth and environmental quality.  That is because of the linear approach, which relies on resource exploitation to make products, consumption and then dispose, resulting in natural resource degradation and waste increase. Circular economy is a change approach, towards restoration and regeneration, thereby reducing the dependence on natural resources and limiting emission, while not underestimating economic development. This paper conducts an in-depth analysis of the difference between the linear economy and circular economy. Moreover, it discusses the necessity of the transition from the linear economy to circular economy, which has recently become a trend in many countries around the world.


2020 ◽  
Vol 9 (2) ◽  
Author(s):  
Marat R. Safiullin ◽  
Gulnaz M. Galeeva ◽  
Raushaniya I. Zinurova

This paper considers the differentiation of the development level of some countries of the world using different models of socio-economic development. The study consisted of several stages and was based on data published on the official websites of the World Economic Forum, the World Bank, and the International Monetary Fund. In this regard, we studied the methods for assessing the quantitative and qualitative parameters of the development of countries in the world economy. We also studied the leading countries in terms of socio-economic development, strategies and their competitive advantages, and identified priority areas for the development of the economies of countries under consideration during the analyzed period. This paper presents an analysis of economic parameters, a comparison of national economies, their development dynamics using quantitative indicators of economic growth. According to the study, China has prospects for a great leap forward in economic development, the United States is the leader in many respects, and Japan has slowed down in economic growth and risks continuing to suffer losses in a number of economic indicators. Chad, India, China and developed countries have strong differentiation in terms of per capita GDP growth rates according to PPPs. All this speaks of the processes of strengthening differentiation, taking place in the world economy, widening the gap in the level of life quality among countries


Author(s):  
Fantu Bachewe ◽  
Fanaye Tadesse

Ethiopia is believed to have the largest stock of livestock in the world, although the contribution of the livestock sector to the rapid economic growth recorded in the last decade has been insignificant. Over the period 2004/5–15/16, however, livestock output has shown significant growth. Most of the growth has come from increases in the number of livestock and livestock owners. The number of livestock farmers and animal stocks were 50 per cent higher in 2015/16 than in 2004/5. The growth in animal stocks was not the result of increased use of improved feeds and improved breeding techniques, neither of which is yet being applied on a large scale. Livestock extension remains limited, and despite improved veterinary services, the number of cattle deaths is higher than the stock sold for meat production. The sector faces important challenges before it can become a significant player in the economic development of the country.


Author(s):  
S. S. Shakeyev ◽  
К. A. Nevmatulina ◽  
S. B. Baibossynov

At present, all countries of the world, including Kazakhstan, in the sphere of the global economy are solving the problem of increasing the rates of economic growth. Experience shows that special economic zones can be such “points of economic growth”. The level of economic development, geographic location, natural and climatic factors and a number of other factors, of course, distinguish Kazakhstan in terms of the existing potential for the development of special economic zones. The zones created in Kazakhstan have different specializations and, accordingly, different goals, which are solved with varying degrees of success. The real results of the functioning of SEZ in Kazakhstan are still difficult to be attributed to absolutely positive. Taking into account the ambiguous results of the activities of special economic zones, the state has been taking measures for a number of years to increase their efficiency and transform the institutional framework of their activities. The existing and new promising special economic zones are intended to contribute to the achievement of these goals. Therefore, it is necessary to expand the use of such a tool as SEZ in every possible way, to study methods to improve the efficiency of their functioning. This will make it possible to objectively assess the possible prospects for the creation and development of SEZ in the Kazakhstan’s economy.


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