scholarly journals Strenthening Opportunities of Economic Relations between Lithuania and Sweden within the Perspective of IT Startup Company’s Development

2017 ◽  
Vol 15 (1) ◽  
pp. 57-76
Author(s):  
Živilė Tunčikienė ◽  
Gabrielė Sinkevičiūtė
Keyword(s):  
Economic Activity ◽  
Success Factors ◽  
Economic Cooperation ◽  
Business Success ◽  
Systematic Method ◽  
Economic Relations ◽  
Priority Areas ◽  
Startup Company ◽  
Information And Communication ◽  
Economic Ties

Cooperation with Sweden – one of the key priorities of Lithuania. Economic cooperation potential is promising. One of the priority areas of economic activity, in which Sweden invests in Lithuania, is information and communication. In order to develop and utilize the potential for economic cooperation in the IT field, it is relevant to structuralize IT startup business success factors and to jointly develop base for decisions, execution of which would help ensure effective, economic co-operation development based with Sweden, beginning of IT startup business and such business’s continuity. To achieve the objective, following tasks were resolved: concepts of startup business and the startup company were purified, specifics inconcept’s application in the context of the parties were defined; systematized the startup business success factors and ways of strengthening them, focusing on the factors relevant for strengthening economic ties between Lithuania and Sweden within the perspective of IT startup company’s development. Systematic method of research was applied.

KAZAKHSTAN’S POSITION IN THE ECONOMIC COOPERATION WITH OTHER COUNTRIES OF CENTRAL ASIA

2021 ◽  
Vol 22 (2) ◽  
pp. 110-121
Author(s):  
Karlygash MUKHTAROVA ◽  
Yermukhambet KONUSPAYEV ◽  
Klara MAKASHEVA ◽  
Karim SHAKIROV
Keyword(s):  
Central Asia ◽  
Economic Model ◽  
Raw Materials ◽  
Economic Cooperation ◽  
Asian Countries ◽  
Regional Economic ◽  
Economic Relations ◽  
Central Asian ◽  
Central Asian Countries ◽  
Economic Ties

Improving the forms and mechanisms of regional economic integration, deepening the mutual understanding on the formation of an economically and politically secure integrated space, expanding trade and economic relations, elaborating joint actions to maintain regional peace and stability, creating a single information space are among the key areas that have become the basis of cooperation among the Central Asian region (CAR) states. The authors reveal the positive aspects of cooperation among the CAR countries—Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, and Tajikistan. First and foremost, these include common historical roots, linguistic and cultural similarity, convenient geographical location and established economic ties, which allow the states of Central Asia (CA) to establish a deeper and more active understanding of each other, to solve economic and political problems related to finding and realizing domestic investment potential and expanding regional trade and economic ties. The joint establishment of international transport corridors and infrastructure will help reduce the transport costs for Central Asian countries that supply export products to external markets, which is an important area of ​​cooperation in Central Asia. In addition, the economic problems that exist among the regional countries largely determine the nature of relations between them. Future solution of problems determines the subsequent viability of the Central Asian Regional Economic Cooperation (CAREC) and the regional development prospects. Based on the use of economic research tools, the authors examine the problems caused by the COVID-19 pandemic and their impact on the state of trade and economic relations between the regional states. Post-crisis plans for economic recovery in the Central Asian countries will be developed and implemented in the context of the need to solve the present-day problems associated with the gradual lifting of quarantine measures. In this regard, the quickest possible transition of economies to an upward growth trajectory should launch the expansion of trade and economic cooperation and ties among the Central Asian countries. The authors emphasize the fact that another important problem within CAREC is the fact that CAR economies are dominated by raw materials, which does not solve the problems of reducing social inequality and improving the welfare of the regional population. For this reason, Kazakhstan, like other Central Asian countries, is currently in search of a new economic model. The transformation is crucial because the country needs to overcome its excessive long-term dependence on the export of oil and raw materials. The new economic model should be focused on further industrialization and diversification of the economy, on the search for new innovative approaches and development strategies.

scholarly journals Economic relations between Bulgaria and Serbia: Current state and opportunities

2020 ◽  
Vol 17 (4) ◽  
pp. 141-156
Author(s):  
Antoaneta Vassileva ◽  
Mirjana Stevanović ◽  
Milica Simić
Keyword(s):  
European Union ◽  
Statistical Data ◽  
Analytical Framework ◽  
Economic Cooperation ◽  
The European Union ◽  
Economic Relations ◽  
Current State ◽  
European Projects ◽  
Economic Ties ◽  
Desk Research

The main goal of this paper is to make a survey of the current state of the economic relations between Bulgaria and Serbia and to outline some recommendations for their future development. The analytical framework is based on a desk research of the economic cooperation between both countries and a study of several European projects in which they participate. Statistical data and information from official documents of the governments of Bulgaria and Serbia, as well as documents of the European Union have been used. The author does not aim to make just a comparative analysis but rather to look for the points of intersection of the mutual interests of both countries. The findings of the research enable the evaluation of the depth of economic cooperation between Bulgaria and Serbia and give grounds for conclusions about the prospects for expanding of their economic ties.

scholarly journals Concepts of South-South Economic Cooperation

2019 ◽  
Vol 12 (3) ◽  
pp. 30-46
Author(s):  
A. V. Kuznetsov
Keyword(s):  
Developing Countries ◽  
World Order ◽  
Developed Countries ◽  
Global South ◽  
Economic Cooperation ◽  
The South ◽  
Economic Relations ◽  
Contemporary World ◽  
Global North ◽  
Economic Ties

The paper traces the evolution of conceptual approaches to South-South economic cooperation. It is shown that with the collapse of the bipolar system and the rise of globalization the interest in South-South cooperation have risen again, and compared to the 1950–1970-ies focuses more on economic relations of developing countries. At the same time, the article shows that the deepening differentiation of the countries of the global South allows us to consider the South-South dialogue as ambiguous process. According to the author, this is a set of relations of very different level of interaction between developing countries, which are part of a more fundamental process of transformation of the existing “Westcentric” world order. The paper identifies four such levels, characterized by very different opportunities for participating in economic ties between developing countries: relations of major countries of the South with each other (especially in BRICS and IBSA groups); the interaction of the largest countries with other developing countries (most known for the cooperation in the framework of “One belt, one road” Chinese initiative); intensive contacts of countries of the global South due to the objectively existing neighborhood effect (the most famous integration groupings are ASEAN in Southeast Asia and MERCOSUR in Latin America); and cross-border ties of small developing countries geographically distant from each other. The paper concludes that South-South cooperation cannot be a full-fledged alternative to other global economic ties. Indeed, countries of the global North dominate in many areas and more often still offer mutually beneficial cooperation to developing countries, so that isolation from the global North is akin to autarky. South-South cooperation should be viewed primarily as a way to develop additional forms of interaction different from that dominant in the contemporary world, prescribed mainly taking into account the views of several leading economic powers. Thus, it is correct to speak of South- non-West cooperation, referring to rather developed countries that are not able to build relations with the US and key EU countries (e.g. Russia). 

scholarly journals Benchmarking as a Marketing Tool to Ensure the Competitiveness of Trading Enterprises

2021 ◽  
Vol 10 (525) ◽  
pp. 387-392
Author(s):  
O. V. Shymko ◽  
Keyword(s):  
Success Factors ◽  
Business Processes ◽  
Retail Trade ◽  
Competitive Advantages ◽  
Economic Relations ◽  
Commercial Activities ◽  
Information And Communication ◽  
Marketing Tool ◽  
Goals And Objectives

The article is devoted to solving theoretical, methodological and applied aspects of benchmarking by trade enterprises in the context of globalization of commodity markets and integration of Ukraine into international trade and economic relations. The economic essence and the purpose of benchmarking as a marketing tool for ensuring competitive advantages are disclosed. The main prerequisites, the motives that presuppose the use of benchmarking in the activities of enterprises are considered. The modern approaches to benchmarking management are specified. Classification features are distinguished, types of benchmarking and scope of their use are characterized. The peculiarities of benchmarking of business processes of retail enterprises, the major success factors (assortment and laying out of goods, quality of goods/services, technology of purchase, saving of the buyers’ expenses, interaction with staff, store atmosphere, perception of the store by consumers) and the main management tasks in the process of change management, the solution of which will allow the retail trade enterprise to respond promptly to changes in market conditions and optimally combine goals and objectives of commercial activities with the needs of consumers. The factors that hinder the use of benchmarking by trade enterprises are described, in particular, the weak development of strategic analysis functions, the high cost of benchmarking research, and the deficiency of information field. Prospects for further exploration are determined as research of the mechanism and tools for the formation of information and communication provision of the benchmarking process in order to provide feedback in the processes of planning, control and adjustment.

scholarly journals Urbanized framework of the Volga-Ural macroregion: Assessment of the potential intensity of economic relations

2021 ◽  
Vol 21 (3) ◽  
pp. 159-165
Author(s):  
Yuri V. Preobrazhenskiy ◽  
Keyword(s):  
Economic Activity ◽  
Gravitational Interaction ◽  
Spatial Structures ◽  
Central Cities ◽  
Economic Relations ◽  
Strength Of Ties ◽  
Framework Approach ◽  
Scientific Task ◽  
The Cost ◽  
Economic Ties

Identifying the spatial structures of economic activity within a supra-regional entity is an urgent scientific task. In this study, it is solved using a combination of a framework approach and a model analog of the gravitational interaction for the cities of the Volga-Ural macroregion. According to the cost of industrial production of cities with a population of more than 100 thousand inhabitants (i.e., the first and second cities of their regions) and the distance between them, an industrial-urbanized framework of the macroregion was built, demonstrating the potential of economic ties within it. The analysis of the strength of ties allowed us to identify the peripheral and central cities-industrial centers. Among the first ones there are the cities of Orenburg and Penza regions, among the second ones – Ufa, Samara and Tolyatti. In addition, the functions of the second cities of the regions were analyzed and the degree of industrial orientation of the first and second cities of the macroregion was revealed.

scholarly journals Factors of the Russian-Chinese economic relations development in the Eurasian integration field

2021 ◽  
Vol 21 (1) ◽  
pp. 23-29
Author(s):  
Maksim V. Selyukov ◽  
◽  
Natalia P. Shalygina ◽  
Anna M. Kulik ◽  
◽  
...  
Keyword(s):  
Economic Activity ◽  
The United States ◽  
Economic Cooperation ◽  
Modern World ◽  
Economic Relations ◽  
Trade Relations ◽  
Cross Border ◽  
Trade Turnover ◽  
Economic Trends ◽  
The Impact

Introduction. We can confidently say already that in the current conditions of global economic development, China is the most important and priority partner in the development of our country’s foreign economic activity. Theoretical analysis. The development of a strategic approach to bilateral economic cooperation with China is the most relevant in the modern system of coordinates of Russia’s foreign economic activity. Nowadays China is really the most important and priority partner in the issues related to the development of our country’s foreign economic activity. There have been different stages in the history of relations between Russia and China, but their current state gives hope for even greater mutually beneficial effect in the strategic perspective. The need to study the formation, transformation and development of Russian-Chinese relations in the context of foreign economic relations and projects is due to the growing influence of China in Russia over the past four years, the cooling of relations between Russia and the West after the events of 2014 and the Russian “turn to the East”. Empirical analysis. Speaking about the effectiveness of foreign trade relations between Russia and China in 2019, it should be noted that Russia’s trade turnover with China in 2019 increased by 3.4% to $110.76 billion, including Russia’s exports to China increased by 3.2% to $61.05 billion, imports from China to Russia increased by 3.6% to $49.7 billion. In comparison, the trade turnover between China and the United States fell by 14.6% to $541.22 billion againist the background of a trade war between these countries. It amounted to USD 541.22 billion, with USD 418 billion coming from China to America. Results. The prerequisites and factors for further development of relations and deepening of trade and economic cooperation between Russia and China have recently been growing. In addition to classical factors: geographical, territorial and, consequently, common border, which allows the development of new forms of cooperation and business (cross-border trade, cross-border economic zones and clusters, interbank settlements in national currencies in border areas, etc.). Political factors are increasing, as well as the impact of modern world economic trends on deepening bilateral economic relations between the countries. However, it is important to remember that in today’s realities Russia needs China more than China needs Russia.

Russia and China: The Vector of Development of Economic Cooperation

2004 ◽  
pp. 113-122
Author(s):  
L. Kabir
Keyword(s):  
World Economy ◽  
Economic Cooperation ◽  
Point Of View ◽  
Basic Commodity ◽  
The World ◽  
Economic Ties

This article considers the basic tendencies of development of trade and economic cooperation of the two countries with accent on increasing volumes and consolidating trade and economic ties in Russian-Chinese relations. The author compares Russian and Chinese participation in the world economy and analyzes the counter trade from the point of view of basic commodity groups.

Ensuring sustainable foreign economic relations of countries at the forefront and outskirts of the European Union

2020 ◽  
Vol 16 (10) ◽  
pp. 1980-1996
Author(s):  
T.S. Malakhova
Keyword(s):  
European Union ◽  
International Organizations ◽  
Economic Cooperation ◽  
Structure Model ◽  
Methodological Framework ◽  
The European Union ◽  
Early 21St Century ◽  
Economic Relations ◽  
Economic Bloc ◽  
The Eu

Subject. Foreign economic and trade ties among countries are getting tighter and less predictable in the early 21st century. This directly stems from a growing disparity of partners, especially if it goes about their future cooperation as part of integration groups or international organizations. Communities of experts suggest using various approaches to locally adjusting integration phases, especially implementing the two-speed integration in the European Union. Objectives. The study is an attempt to examine an improvement of foreign economic cooperation and suggest its implementation steps for the European Union. This all is due to considerable inner controversies and problems within the EU, which grow more serious year by year. Methods. The methodological framework comprises the historical logic, dialectical principles, scientific abstraction method. The process and system approach was especially important for justifying the implementation of the above steps. It was used to examine foreign economic relations of partners in the European Union. Results. The article sets forth the theoretical and methodological framework for the geostrategic economic bloc, including a conceptual structure model. I present steps to implement a foreign economic cooperation of partners in the EU in terms of its form. Conclusions and Relevance. Should the form of the foreign economic relations among the EU countries be implemented, counties at the periphery of the EU will be able to become active parties to the integration group.

TRENDS IN THE DEVELOPMENT OF ECONOMIC RELATIONS OF ISRAEL IN THE MIDDLE EAST

2019 ◽  
pp. 13-24
Author(s):  
Evgenii V. Palamarenko ◽  
Keyword(s):  
Middle East ◽  
Russian Language ◽  
Economic Relations ◽  
Trade Relations ◽  
Major Trading Partner ◽  
Economic Interaction ◽  
History Of ◽  
Close Cooperation ◽  
Economic Ties ◽  
Israeli Economy

The lack of Russian-language research on the features of the economic development of Israel as an OECD member state underlines the urgent need to identify new trends in the Israeli economy. Not taking into account the existing variety of humanitarian studies, and especially the concentration of studies on the political history of Israel and its modern component, we can recognize a clear lack of work that would cover Israeli economy. Current trends in Israeli trade relations, which have begun to make the mselves clear, require both consideration of effective trade and economic interaction between Israel and Palestine, and identification of the peculiarities of hidden regional trade and economic ties. Israel and Palestine are in close cooperation on the exchange of labor and goods, despite the lack of a political settlement. For Palestine, Israel is a major trading partner, and Palestine plays a key security role for Israel. The second important aspect in covering new trends in the Israeli economy may be the need to study the nascent format of cooperation between Israel and the Middle East. The article explores the specifics of economic relations between Israel and the countries of the Middle East, reveals the growing role of economic relations between Israel and the countries of the region.

State policy of maintaining the innovative forms of employment in the context of the economy digitalization

2020 ◽  
pp. 81-90
Author(s):  
Olha Mulska ◽  
Olha Levytska ◽  
Valentyna Kutsyk
Keyword(s):  
Information And Communication Technologies ◽  
System Analysis ◽  
Employment Policy ◽  
Socially Responsible ◽  
State Budget ◽  
Economic Relations ◽  
Functional Flexibility ◽  
Leading Role ◽  
Methods Of Synthesis ◽  
Information And Communication

The purpose of the study is to analyze current trends in the evolution of forms of employment under the influence of the economy digitalization, as well as to substantiate the directions and means of public policy to regulate the conditions of effective employment in the new realities. Methods of synthesis and system analysis, groupings, logical analysis, strategic management, and system analysis were used in the research. The most significant characteristics of the sphere of employment in the conditions of the economy digitalization, in particular quantitative flexibility, functional flexibility, and space-time flexibility, are defined. The spheres of economy in which new professions are most in demand in Ukraine in the conditions of development of digitalization processes of the national economy are identified, in particular information and communication technologies, biotechnologies, medicine, energy, and its accumulation, power networks and energy consumption management, transport, especially water and air transport, education, and ecology. The directions, spheres, branches, and concrete sub-branches where new professions are in demand in the conditions of the economy digitalization are defined. The paper emphasizes the leading role of the information and communication technology sector, the development of which largely determines the emergence of new professions. The paper provides the conclusion that in this situation the new forms of employment cover great innovative potential, as well as shadow aspects (informal agreements), which exacerbate the problem of insufficient filling of social funds and reduction of tax revenues to the state budget. The priorities of effective employment policy in Ukraine in the global digitalization of economic relations are outlined based on the principles of flexicurity, best practices, and implementation of innovative solutions in building mutually beneficial and socially responsible relations between employer and employee.

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