Strategic directions of inclusive development оf Ukraine

2018 ◽  
pp. 35-43
Author(s):  
Yuriy Makhortov ◽  
Victoria Gurochkina
Keyword(s):  
Economic Development ◽  
Growth And Development ◽  
Industry 4.0 ◽  
Business Processes ◽  
Interpersonal Trust ◽  
Inclusive Development ◽  
Inclusive Growth ◽  
Social Interests ◽  
The World ◽  
Basic Concepts

The paper formulates the basic concepts of inclusive development of the country. The complex indicator of inclusive growth and development of the country, its level and meaningful components are analyzed. The content components of the complex index of inclusiveness of economic development are characterized and their importance is substantiated. The state of protection of social interests and the resolution of poverty issues in the implementation of industrial automation and innovative business processes of Industry 4.0 has been analyzed. The place of Ukraine in inclusive productivity of development and interpersonal trust of the countries of the world is determined.

scholarly journals THEORY OF SPIRAL DYNAMICS AS AN INCLUSIVE DEVELOPMENT TOOL OF UKRAINE

2021 ◽  
Vol 49 (2) ◽  
pp. 72-83
Author(s):  
Zhulyn O ◽  
Keyword(s):  
Economic Development ◽  
Growth And Development ◽  
Well Being ◽  
Inclusive Development ◽  
Inclusive Growth ◽  
Spiral Dynamics ◽  
The World ◽  
Socio Economic Development ◽  
Object Of Study ◽  
High Level

The paper investigates the value paradigm of Ukrainians and their peculiarities by means of the theory of spiral dynamics, analyzes the index of perception of corruption in different countries of the world and identifies the relationship between high level of corruption and low level of income, and designs inclusive growth and development of Ukraine. Object of study – the processes of inclusive growth and development through the prism of the valueoriented approach of the theory of spiral dynamics. Purpose of the study – to substantiate the prerequisites for the formation of a model of inclusive development based on the theory of spiral dynamics, which will allow to involve all members of society in socio-economic processes, taking into account their values, needs and opportunities. Method of the study – methods of economic, systemic, comparative analysis. Results and innovation of the study – in the paper investigates the influence of the system of values of society on its socio-economic development with the help of the theory of spiral dynamics, peculiarities of its evolution and influence on the socio-economic development of the country. The mental features of the Ukrainians, their evolution and prerequisites for mental modernization through the change of the paradigm of thinking through the construction of an inclusive state are analyzed. The article proposes a design for inclusive growth and development based on four main pillars: rules, institutions, a well-informed society, and political leadership. Modern IT technologies will become a tool for implementing this model. The modern paternalistic ideology that underlies the state centralization of financial resources with further redistribution should be changed to the ideology of promoting entrepreneurship and private initiatives, which will undoubtedly improve the well-being of all citizens and make our country competitive in the global arena. Forecast assumptions about the object of study – a value-oriented approach can give a powerful impulse to build an inclusive state, which by its perfection did not yet exist in the world, because it allows to involve all citizens in socio-economic processes due to modern technologies. KEY WORDS: INCLUSIVITY, MODERNIZATION, CORRUPTION, DEVELOPMENT, MODEL, TECHNOLOGY, BLOCKCHAIN, INNOVATION, SOCIETY

FOREIGN EXPERIENCE OF INCLUSIVE ECONOMIC DEVELOPMENT

2021 ◽  
Vol 4 (5) ◽  
pp. 20-25
Author(s):  
Toir Sadullaev ◽  
Keyword(s):  
Economic Development ◽  
Development Policy ◽  
Growth And Development ◽  
Social Innovation ◽  
Institutional Development ◽  
Inclusive Development ◽  
Inclusive Growth ◽  
Economic Instruments ◽  
Social Divisions ◽  
Classical Economic

The article analyzes modern theories of economic development, the concept of inclusive growth and development. The intention to follow the path of institutional development was based on the concept of inclusive growth and development. Reducing inequality was reflected in the elimination of social divisions. The author analyzes the concept of inclusive development, developedby scientists and analyzing the validity of the hypothesis of an institutional development policy that combines social innovation with non-classical economic instruments

scholarly journals Factors Affecting Inclusive Development in Nepal

2019 ◽  
Vol 16 ◽  
pp. 66-74
Author(s):  
Ratna Mani Nepal
Keyword(s):  
Economic Development ◽  
Growth And Development ◽  
Development Plan ◽  
Economic Indicators ◽  
Inclusive Development ◽  
Inclusive Growth ◽  
Polarized Growth ◽  
Factors Affecting ◽  
Global Trends ◽  
Economic Development Plan

The pathways of Nepal's inclusive development date long back. Since the inception of periodic economic development plan in the middle of the fifties, the country has been enduring goals for reforming just and equitable society. In the successive periodic plans, the objectives sharpened further. Yet, the country endorsed inclusive strategies and policies in par with global trends since the tenth plan (2002-2007). In this respect, this paper shortly reviews the concept of inclusive growth and inclusive development and juxtaposes these to elucidate factors causing Nepal's inclusive development. It analyses the country's macro-economic indicators to scrutinize them for their role in ensuring inclusive growth and development. The paper concludes that the country's fluctuating, polarized growth and weakening macro-economic indicators have been posing challenges to the inclusive development.

scholarly journals FINTEH IN THE FINANCIAL SYSTEM OF INCLUSIVENESS

2018 ◽  
pp. 100-120 ◽  
Author(s):  
Bohdan LUTSIV
Keyword(s):  
Economic Development ◽  
Financial Services ◽  
Banking Sector ◽  
Banking System ◽  
Inclusive Development ◽  
Social Orientation ◽  
Inclusive Growth ◽  
Market Demand ◽  
The World ◽  
The Impact

Introduction. The middle of 2000 years witness the shift in traditional economic development models to the concept of inclusive growth. The significant stratification of society and the growth of the share of the poor population due to financial and economic crises are the prerequisites for changing the paradigm of economic development of countries. According to the index of inclusive economic development (IDI) of 2018, published on the website of the World Economic Forum, Ukraine ranks 43rd among 74 developing countries. The introduction of the latest financial technologies in the banking system in recent years has significantly improved the qualitative characteristics of financial inclusiveness. The financial services market has radically changed. The boom of Finteh-startups is supported by smartphone population and penetration into all spheres of society of the fast Internet society. The purposeof the article is to assess the impact of financial technologies on the inclusive development of Ukraine in terms of banking sector cooperation with startup companies on the financial services market. Results. Concepts on the further development of the world economy in the long-term perspective are considered. Based on the analysis of modern economic literature, key points of inclusive growth are identified. In this context, the focus of the study is on financial inclusiveness. The emphasis is on strengthening the financial inclusiveness of the population in the adopted Strategy of the NBU by 2020. The most current trends of FinTeh in the world are described and the factors of development of FinTeh in Ukraine are analyzed. The given feature is the latest types of Finteh start-ups, challenges for the development of the FinTeh-market in Ukraine. Conclusions. The development of scientific thought and understanding of the transformation of social processes led to the transition from the concept of economism growth to the concept of inclusive development. The concept of inclusive development of the country is only part of the scientific discourse. Financial inclusiveness has not only financial but also social orientation. In Ukraine, FinTeh is in its infancy, the development of which is supported by a variety of initiatives and activities of the NBU. Given the current market demand, FinTeh solutions that are focused on financial inclusiveness and the mass market have the greatest potential for growth.

Malaysia's Perspective of Inclusive Growth

2012 ◽  
Vol 04 (04) ◽  
pp. 56-66 ◽  
Author(s):  
Firdaos ROSLI ◽  
En Ning HWA
Keyword(s):  
Economic Development ◽  
Social Development ◽  
Millennium Development Goals ◽  
High Income ◽  
Inclusive Development ◽  
Inclusive Growth ◽  
Development Goals

Since independence, Malaysia has pursued inclusive development for all its economic and social long-term plans. The success of its past national plans for economic development can be assessed by the progress of its Millennium Development Goals. The country now faces greater challenges in achieving inclusive economic and social development before it could become a high income nation by 2020. The authors suggest that inclusive development can also be incorporated in regional frameworks and programmes.

scholarly journals Socio-Economic Development of the Southern Russia Regions in the Industry 4.0: Achievements, Problems, Priorities

2020 ◽  
pp. 93-109
Author(s):  
Elena Inshakova
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Federal District ◽  
World Intellectual Property Organization ◽  
International Institute ◽  
Innovative Development ◽  
The World ◽  
Development Communications

The article provides the comparative analysis of the current positions of the regional economic systems of the Southern Federal District (SFD) under the first phase of the fourth industrial revolution in Russia in the following key aspects: socio-economic situation, level of scientific, technological and innovative development, and digital transformation. The broad empirical basis of the study involves the reports of the European Commission, the World Economic Forum, the International Institute for Management Development, the World Intellectual Property Organization, official data from the Rosstat, the Ministry of Economic Development, the Ministry of Digital Development, Communications and Mass Media of the Russian Federation, the specialized studies of Russian and foreign analytical companies, research divisions of the Higher School of Economics, the Moscow School of Management Skolkovo, the Leontief Center - AV Group Consortium, specialized associations, public organizations, which are summarized in the ranking tables with their subsequent analytical interpretation. The research concluded that, in line with the global trends, achieving high competitiveness by the SFD leading regions and keeping their advanced socio-economic position is supported by their advanced scientific, technological and innovative development, high level of digitalization in all spheres of life, broad application of information and communication technologies by households and organizations, and development of digital skills. In this regard, the author substantiates the necessity of forming a complementary system of human, material and natural, technical and technological, institutional, organizational and informational factors in all the SFD regions to provide the regional economy development in the context of the Industry 4.0 priorities.

scholarly journals MODERN TECHNOLOGIES AS A DETERMINANT OF SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT OF SMALL OPEN ECONOMIES

2021 ◽  
Vol 19 (34) ◽  
Author(s):  
Radomir Božić
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Industry 4.0 ◽  
Business Processes ◽  
Open Economies ◽  
Developed Countries ◽  
Small Open Economies ◽  
Negative Consequences ◽  
Western Balkans ◽  
Economic Growth And Development

The modern age is characterized by strong development and application of information and communication tech- nologies (ICT) and Industry 4.0, which determine sig- nificant changes in the economy and society as a whole, and especially affect production and business processes, economic growth and development, productivity, busi- ness models, required qualifications and workers’ skills, the education system, as well as people’s daily lives. Thanks to that, developed countries are already achiev- ing significant effects in terms of efficiency, productiv- ity, flexibility, gross domestic product (GDP) and living standards growth, and there are opportunities for small open economies to create their own approaches to accel- erate growth and convergence with developed countries. Otherwise, the negative consequences known as digital sharing are also possible. The aim of this paper is to present, based on relevant lit- erature and experiences of individual countries, the po- tentials, challenges and possible responses of economic and business policy makers aimed at the application of ICT and Industry 4.0 in small open economies, such as the Western Balkans. The paper is structured as follows: Introductory remarks - elaboration of the theoretical basis, characteristics and implications of ICT and Industry 4.0 on the economy and society as a whole; Methodology - review of rel- evant current literature; Results - presentation of basic potentials, challenges and possible responses of small open economies in the function of accelerating econom- ic growth; and Discussion - concluding remarks and rec- ommendations for possible responses.

scholarly journals Venture Capital - Success Factor for Business Ideas

2003 ◽  
Vol 2 (2) ◽  
pp. 38-55
Author(s):  
Subhash K. B
Keyword(s):  
Economic Development ◽  
Venture Capital ◽  
Present Status ◽  
Growth And Development ◽  
Future Trend ◽  
Modern Concept ◽  
Success Factor ◽  
The World ◽  
The Impact

This article tries to give a comprehensive meaning to the concept of venture capital by taking into account all relevant aspects associated with it. Secondly the origin, growth and development of modern concept of venture capital around the world are being discussed. Thirdly, the present status of venture capital scenario explains about the trends and tendencies happening around the world. Finally the role of venture capital in promoting the economic development, a brief discussion on the impact of venture capital on the economy and the article concludes with the future trend.

scholarly journals WHATEVER HAPPENED TO BRAZIL?

2021 ◽  
Vol 5 (3) ◽  
pp. 17-36
Author(s):  
LADISLAU DOWBOR
Keyword(s):  
Economic Growth ◽  
Structural Change ◽  
Child Mortality ◽  
World Bank ◽  
Social Inclusion ◽  
Inclusive Development ◽  
Inclusive Growth ◽  
Environment Protection ◽  
The World Bank ◽  
The World

Under Lula and Dilma, during the 2003-2013 decade that the World Bank called “the Golden Decade of Brazil”, we had simultaneously economic growth, social inclusion, environment protection and job expansion. With no deficit and very low inflation, and all despite the turbulence of the 2008 crisis. The onslaught on the inclusive policies started in 2014, Dilma was ousted through a thinly disguised coup in 2016, ex-president Lula was jailed for the time of the 2018 election, won by Jair Bolsonaro. Since the old oligarchies and corporate interests took over, the economy is stalled, unemployment has doubled, the Amazon is being cut down, child mortality is growing. The pandemic deepened an already general economic and social crisis. The aim of this paper is to present an overview of what went wrong, centering not on the pandemic itself, but on the deeper structural change that reversed the inclusive growth model of the popular governments. This involves the economy, but also technological, social and political change. The overall thesis is that inclusive development works, austerity does not.

scholarly journals DEPRESSED REGIONS OF GEORGIA HAVE GOOD OPPORTUNITIES FOR INCLUSIVE DEVELOPMENT THROUGH TOURISM

2021 ◽  
Vol 104 (1-2) ◽  
pp. 88-100
Author(s):  
Lela Meskhishvili
Keyword(s):  
Tourism Development ◽  
The Other ◽  
Inclusive Development ◽  
Inclusive Growth ◽  
Growth Region ◽  
Poverty And Inequality ◽  
The World ◽  
Depressed Regions ◽  
Different Parts

The article - "Depressed regions of Georgia have good opportunities for inclusive development through tourism" - consists of the following parts:  Introduction.  Definitions of terms.  The need for inclusive growth in the world and in Georgia.  Priorities of inclusive growth in the depressed regions of Georgia.  Potential for tourism development in the depressed regions of Georgia.  Summarizing conclusion. The article brings to the forward the issue of priority development of the economically backward (depressed) regions and different parts of Georgia - Racha-Lechkhumi, Samtskhe-Javakheti, Pshav-Khevsureti, Tusheti and others, through the development of tourism. This opinion of the author is based on the resources needed for the development of tourism in these regions, about what the other Georgian scientists - I. Khelashvili, K. Arabuli, d. Gabunia and others - write a lot. Keywords: Tourism; Inclusive; Inclusive tourism; Inclusive growth; Region; Poverty and inequality.

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