scholarly journals Banking and real sectors as key components of the national economic development

2020 ◽  
pp. 93-107
Author(s):  
Olha Vladymyr
Keyword(s):  
Economic Development ◽  
National Economy ◽  
National Currency ◽  
Special Role ◽  
Real Sector ◽  
The Real ◽  
National Economic ◽  
National Bank ◽  
National Economic Development ◽  
Business Entities

Introduction. National economic development depends on many conditions – economic, political, legal, socio-cultural etc. However, a special role is assigned to the real sector, where goods and services are created and banking, which provides servicing of business entities, accumulation of temporarily free funds, formation and flow of capital, stabilization of the national currency. Therefore, the article is devoted to the analysis of indicators of the real and banking sectors development of Ukrainian economy. Purpose. The purpose of the research is disclosure the current state of the real and banking sectors as key components of the national economic development of Ukraine. Methods. In the article methods of data’s collecting and systematizing, analysis and comparison, as well as graphing method were used. Results. Based on the analysis, the main problems of the national economic development have been identified and the causes of their emergence have been revealed. The mutual and cause-effect dependence between the development of the banking system of Ukraine and the real sector of the economy has been showed. The structure and dynamics of development of the national economy of Ukraine across industries have been analyzed. The main sources of financing of fixed capital of business entities have been disclosed. The low component of innovation development of domestic enterprises has been revealed. The problems of reducing the incomes of the population and reducing their purchasing power, and hence the capabilities to form savings have been highlighted. Main problems of the banking sector development, which are related to the capitalization of banks, decrease of their liquidity, deterioration of the structure of the loan portfolio, reduction of the resource base for lending to business entities, and significant reduction of deposits have been revealed. The dynamics of reduction of gold and foreign exchange reserves of the National Bank of Ukraine has been analyzed. The main reasons for the devaluation of the national currency of Ukraine relative to the US dollar have been considered. The monetary instruments of the National Bank of Ukraine aimed at regulating the economy have been reviewed. The problem of application of the targeting policy with the purpose of stabilization of the exchange rate of the national currency of Ukraine had been revealed. Discussion. The necessity of structural reformation of national production and formation of balanced economy with the observance of the relevant principles has been substantiated: export of finished goods; state incentives to create a closed production cycle; technological and innovative production development. In order to stabilize the national economy and ensure its further development, the necessity of maintaining constant coordination, inter coherence and interaction between the Government, the National Bank and business entities has been substantiated.

scholarly journals ЗОНУВАННЯ ТРИВИМІРНОЇ МАТРИЦІ УПРАВЛІННЯ ЗМІНАМИ РЕГУЛЯТОРНОЇ ПОЛІТИКИ РОЗВИТКУ НАЦІОНАЛЬНОЇ ЕКОНОМІКИ

2019 ◽  
Vol 135 (3) ◽  
pp. 90-99
Author(s):  
Ганна Вікторівна Разумова
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Regulatory Policy ◽  
Three Dimensional ◽  
Regulatory Change ◽  
Mathematical Methods ◽  
Policy Effects ◽  
Dimensional Matrix ◽  
National Economic ◽  
National Economic Development

The article attempts to work out the relevant methodology that will allow an integrated approach to find solutions to current economic challenges, given the fact that the national economy is a complex multicomponent system. It is emphasized that mathematical methods and models are widely used as effective tools to handle a range of problems in various areas of research and, in particular, in economic studies. However, despite the availability of numerous research endeavors, the issues of modelling the relationships between national economic development and regulatory policy have not been sufficiently studied. The purpose of this study is to build a three-dimensional matrix of regulatory change management in the frameworks of the national economic development. The methodological research background relies on modelling of regulatory policy effects on national economic development by using economic mathematical methods and models. A three-dimensional matrix of managing change in regulatory policy has been proposed which is based on the assessment of the current state of regulatory policy and modelling of the relationships between national economic development and regulatory policy with regard to the obtained values of the aggregate development index calculated by sectors of the national economy, generalized index of the regulatory policy in industries and the indicator of the regulatory policy effects on development, the zoning of which allows to distribute its impact sector by sector along with identifying the nature and the priority areas for further regulatory actions to be applied to a particular industry or sector of the economy. The three-dimensional matrix zoning has been performed according to certain parameters: vertical zoning (zones of passive and active changes), transverse horizontal zoning (zone of fixation and transformation) and horizontal longitudinal zoning (zones adjustment and protection). It is argued that economic mathematical modelling is an important tool in managing business processes. Modelling is used to build reliability models with reference to aggregated development indices by sectors of the national economy and the generalized indices of regulatory policy, and identify specific regulatory policy changes needed to enhance the national economic development.

scholarly journals HUKUM DALAM MENDORONG DINAMIKA PEMBANGUNAN PEREKONOMIAN NASIONAL DITINJAU DARI PRINSIP EKONOMI KERAKYATAN

2019 ◽  
Vol 26 (2) ◽  
pp. 238
Author(s):  
Dwi Ratna Indri Hapsari
Keyword(s):  
Economic Development ◽  
Developing Country ◽  
Free Trade ◽  
National Economy ◽  
Financial Assistance ◽  
Economic Democracy ◽  
Business Partnership ◽  
State Constitution ◽  
National Economic ◽  
National Economic Development

Article 33 paragraph (4) of the 1945 Indonesian Constitution, "The national economy which is regulated based on economic democracy with the principle of togetherness, efficiency, justice, support, environmental insight, independence, and also with financial assistance in various large business activities, cheap, and small in the business partnership pattern ". The concept of the Indonesian national economy commenting on us together and explicitly in our constitution adhering to the principle of kinship agreed upon can be found in Article 33 paragraph (4) of the 1945 Indonesian Constitution, people's sovereignty also promotes Pancasila. As a developing country Indonesia cannot escape the era of globalization, international free trade. However, what makes the challenge is that Indonesia can still keep up with the flow of globalization but still in the populist economic corridor that has been conceptualized in the state constitution concerning national economic development. Law in this case has a special stake in efforts to grow the economy of a country in order to achieve national economic development.

scholarly journals Development Strategy of Characteristic Town and Economic Development in the County Level

2017 ◽  
Vol 6 (1) ◽  
pp. 49
Author(s):  
Jia He
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
National Economy ◽  
County Level ◽  
Development Mode ◽  
County Economy ◽  
Rural Economies ◽  
New Development ◽  
National Economic ◽  
National Economic Development

The county economy in China has been developed rapidly with the development of economy. The county economy is the combination of the urban and the rural economies, forming a new development mode and structure. It has a very comprehensive content of development. Primary, secondary and tertiary industries are included in this economic development. The regulation of national economic development has a significant impact to the county economy. The county economy can be attributed to one of the characteristics of industry in China. Besides, the county economy can be a link in the development of national economy with an important development significance. Therefore, concerns and efforts from the scholars are important to develop the county economy and increase the level of productivity.

scholarly journals Livestock research generated technologies and their impact on Bangladesh national economy

2020 ◽  
Vol 20 (1-2) ◽  
pp. 77-87
Author(s):  
Fauzia Yasmin ◽  
SM Khorshed Alam
Keyword(s):  
Economic Development ◽  
Foreign Exchange ◽  
National Economy ◽  
Positive Impact ◽  
Livestock Sector ◽  
Research Investment ◽  
National Economic ◽  
National Economic Development ◽  
Livestock Products ◽  
The Impact

This study was conducted by using annual research investment data of BLRI to estimate the impact of livestock research generated technologies on national economy of Bangladesh. The results showed that the livestock research investment was increased and consequently contribution in GDP of livestock sector was also increased. The result of Chow Test F1,35= 4.35  indicated that there is a great positive impact of livestock technologies on livestock Gross Domestic Product (GDP). The results revealed that the contribution of generated livestock technologies through annual investment Tk.1.65 million in livestock research, which was increased livestock GDP by Tk. 3,044.56 million annually which saved Tk. 2913.93 million of import expenditures of livestock products from outside countries. Therefore, to save significant amounts of foreign exchange through reducing imports and earn more foreign exchange through export; more investment on livestock research is needed. Hence, further national economic development, Bangladesh government must emphasize research investment for generating livestock technologies. Bangladesh J. of Livestock Res. 20(1-2): 77-87, Jan-Dec 2013

scholarly journals FORMATION OF BABY ECONOMY IN UKRAINE AS A FACTOR OF NATIONAL ECONOMY ADAPTATION TO THE MODERN GLOBAL ENVIRONMENT

2019 ◽  
pp. 74-89
Author(s):  
T. Ostapenko
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
National Economy ◽  
Foreign Students ◽  
System Development ◽  
Global Environment ◽  
Growing Up ◽  
National Economic ◽  
National Economic Development ◽  
Appropriate Education

The article substantiates the problem of forming baby economy as a factor of national economic development in the global environment. The main baby economy evolution directions as a component of the nanoeconomic system are formulated in the course of research. In addition, Ukraine’s baby economy subsystem, particularly the practice of growing up, socialization and relationship process, is analysed. It has been revealed how little people in this country can influence the course of economic development. The factor analysis is conducted on baby economy factors’ impact on GDP per capita which determines that our GDP manufacturing does not actively depend on the performance of baby economy. This dependence is 0.57. Therefore, it is necessary to introduce the levers of deploying baby economy processes in Ukraine’s economic environment. Furthermore, it has been estimated that the number of people with higher education is gradually increasing as well as the number of foreign students that results in attractiveness of Ukraine’s higher education. As a result of research, the conclusions are based on the necessity of updating baby economy and the beginning of the national economic system development, taking into account the formation of common approaches to education and upbringing. World experience shows that if the economic behaviour of a child is developed by the appropriate education, the level of national economy adaptation to the global environment becomes a decisive issue.

scholarly journals The Ukrainian Employers’ Experience of Introducing Dual Studies: The First-Year Results of the National Experiment

2020 ◽  
Vol 3 (4) ◽  
pp. 211-234
Author(s):  
Olena Buchynska ◽  
Olena Davlikanova ◽  
Iryna Lylyk
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Educational Institutions ◽  
First Year ◽  
Ministry Of Education ◽  
Knowledge And Skills ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
National Economic ◽  
National Economic Development

The transition to the knowledge-based economy emphasizes the need of bridging the gap between the employers’ needs and expectations with regard to their employees’  knowledge and skills and the existing level of the knowledge and skills of the workforce, including the graduates of tertiary educational establishments (TEEs). One of the instruments that has already proven its efficiency in “building bridges” between the companies and higher educational institutions is dual studies (DS). Companies view such cooperation as the investment in its competitiveness, which, in its turn, is viewed as one of the factors of the national economic development. Thus, the Friedrich-Ebert-Stiftung Office in Ukraine (FES-Ukraine) launched a project aimed at presenting and adapting the experience of Germany in dual studies organization in 2013. As a result, in 2019, the Ministry of Education and Science of Ukraine (MES) launched a national experiment on introducing DS in 44 pre-tertiary and tertiary educational establishments. The article aims to present the results of the survey conducted among the Ukraine-based employers that participated in the first year of this experiment. The authors’ questionnaire survey was carried out from June to September 2020. The respondents included 111 companies indicated as partners by the TEEs listed in the ministerial Order #1296 on the launch of the experiment planned for the period of 2019-2023. The answers were obtained from 93 companies, 55 of which presented details of TEE-company cooperation. The data obtained allowed performing both quantitative and qualitative analysis. The findings show that companies are interested in dual studies and are ready to invest in training students as their potential employees. German approaches to the DS organization cannot be simply copied due to the specific features of the national legislation and the state of the national economy. However, they may be successfully adapted and implemented in Ukraine. Therefore, the obtained information has been used for elaborating recommendations to the stakeholders (TEEs, employers and their associations, the MES and other relevant state bodies etc.). 

Research on the Sports Economy Effection in National Economic Development

2014 ◽  
Vol 556-562 ◽  
pp. 6519-6521 ◽  
Author(s):  
Chun Hua Jiang ◽  
Feng Liang
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Rapid Development ◽  
Developed Countries ◽  
Economic Activities ◽  
Initial Stage ◽  
National Economic ◽  
Social And Economic Development ◽  
National Economic Development

With the rapid development of our country, the statue of sports economy is becoming more and more important in the national economy. The sports economy refers to the sports related economic activities, it is the product of social and economic development to a certain period. Nowadays, the sport economy in our country is till at its initial stage comparing to some developed countries. In this paper, we analyze the sports economy impact in the national economic development. The relationships between sports economy and national economic development have been deeply researched. Finally, some conclusions are proposed in this paper.

scholarly journals Mechanisms of stimulating activities in banking participation in the development of construction industry and national economy at all

2020 ◽  
Vol 220 ◽  
pp. 01047
Author(s):  
Elena Altukhova ◽  
Maxim Markov ◽  
Denis Perepelitsa ◽  
Lazar Badalov
Keyword(s):  
Construction Industry ◽  
National Economy ◽  
Banking System ◽  
Cash Flows ◽  
Active Participation ◽  
Bank Loans ◽  
Real Sector ◽  
The Real ◽  
Development Institutions ◽  
Business Entities

The development of the real sector is crucial to ensure the growth of the national economy of any state. The main institution working with money in the economy are banks. They serve the cash flows of companies in real sector, and also serve as one of the sources of investment for them, which are provided in the form of bank loans. Given that the task of stimulating the growth of the real sector is not only facing the banking system, but also the economy as a whole, the approach to solving it should be comprehensive and systemic. In this regard, it is especially important to develop a list of measures that provide a differentiated approach to the support system for companies in the real sector of the economy. The implementation of such measures should include the active participation of development institutions, and therefore the active participation of banks in the system of implementation of national projects. Particularly important in this regard is the improvement of legislative regulation of issues of interaction between banks and business entities, as well as the development of new financial instruments that contribute to building up the financial potential of the real sector of the economy. The article analyzes the participation of banks in lending to the real sector of the Russian economy, considers the key features of lending to the construction industry. A number of measures are proposed, both at the macro and the micro level, ensuring not only the coherence of the economic interests of companies and banks, but also significantly reducing costs.

scholarly journals Historical Review of The Origin of Pancasila as A Philosophical Basis for The Implementation of Pancasila Economic System

2021 ◽  
Vol 4 (4) ◽  
pp. 242
Author(s):  
P. Setia Lenggono
Keyword(s):  
Economic Development ◽  
Economic System ◽  
National Economy ◽  
Historical Review ◽  
Economic Activities ◽  
Joint Effort ◽  
Philosophical Basis ◽  
The People ◽  
National Economic ◽  
National Economic Development

<p><em>The economic system is very important for a nation because it has two main functions, namely a guide to directing the economy and coordinating various economic activities carried out by economic actors with different preferences. This paper presents the Pancasila Economic System (read: SEP) as an economic system structured as a joint effort based on the principle of kinship. An important foundation in regulating and managing the national economy as mandated by the 1945 Constitution. By conducting a historical and philosophical review of the origins (ontology) of Pancasila which is the basis for thinking in formulating the epistemological and axiological foundations that should be the basis for implementing national economic development, this paper reveals that SEP is a “own system” that is uniquely Indonesian. A consensus from the founders of the state in realizing the ideals of independence, in order to create the greatest possible prosperity with all the people.</em></p>

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