EXPERIENCE OF ECONOMIC REFORMS' IMPLEMENTATION IN POLAND AND UKRAINE

2018 ◽  
Vol 7 (1) ◽  
pp. 10-11
Author(s):  
Lyubov Halkiv ◽  
Galina Myskiv ◽  
Iryna Pasinovych
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
National Economy ◽  
Economic Reforms ◽  
Structural Reforms ◽  
Positive Experience ◽  
Long Time ◽  
Further Development ◽  
The Eu

The article combines the research of a system of indicators and authors’ reflections elaborated on the basis of material. The authors believe that study of Poland's economic reforms will provide an opportunity to apply a positive experience for the further development of the Ukrainian economy. Using different approaches to governance, two countries have reached different results. Today, the gap in the rates of economic development of Ukraine and Poland is increasing. Accession to the EU and systemic structural reforms in the country until 2004 contributed to the acceleration of Poland's economic growth. Ukraine for a long time failed to implement effective reforms, which have caused to the backlog of the national economy from the economies of neighboring countries.

Problems Of Investment Attractiveness In The Economy Of Uzbekistan

GIS Business ◽  
2020 ◽  
Vol 15 (1) ◽  
pp. 241-245
Author(s):  
Khamrakulova O.D. ◽  
Bektemirov A.B.
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Private Property ◽  
Economic Reforms ◽  
The State ◽  
Structural Reforms ◽  
The Development Strategy ◽  
Macroeconomic Stability

The deepening of economic reforms in Uzbekistan is closely linked to the strengthening of macroeconomic stability and the maintenance of high rates of economic growth and competitiveness, the continuation of institutional and structural reforms to reduce the presence of the State in the economy, and the further strengthening of the protection of rights and the priority role of private property, as reflected in the Development Strategy for 2017-2021.

Determinants of socio-economic transformations of technological systems: theoretical and methodical aspects

2020 ◽  
pp. 102-111
Author(s):  
Svitlana Shults ◽  
Olena Lutskiv
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Structural Changes ◽  
Member States ◽  
Social Transformations ◽  
Technological Basis ◽  
Eu Member States ◽  
Technological Paradigm ◽  
Technological Paradigms ◽  
The Eu

Technological development of society is of unequal cyclic nature and is characterized by changing periods of economic growth, stagnation phases, and technological crises. The new wave of technological changes and new technological basis corresponding to the technological paradigm boost the role of innovations and displace the traditional factors of economic growth. Currently, intellectual and scientific-technical capacity are the main economic development resources. The use of innovation and new knowledge change the technological structure of the economy, increase the elements of the innovative economy, knowledge economy, and digital economy, i.e. the new technological paradigm is formed. The paper aims to research the basic determinants of technological paradigms’ forming and development, and determining their key features, as well as to analyze social transformations of the EU Member States and Ukraine. The paper focuses attention on the research of the features of social transformations. The structural transformations are analyzed based on the Bertelsmann Transformation Index that estimates the quality of democracy, market economy, and political governance. The transformation processes are assessed on the example of the EU Member States and Ukraine. The authors argue that social transformations and structural changes in the economy are related to the change of technological paradigms that boost the economic modernization and gradual progressive development of humanity in general. The nature and main determinants of 5 industrial and 2 post-industrial technological paradigms are outlined. Their general features and main areas of basic technologies implementation emerging in the realization of a certain technological paradigm are explained. The conclusions regarding the fact that innovative technologies and available scientific-technological resources define the main vector of economic development are made. The new emerging technological paradigm is of strategic importance for society development.

Biotechnology Law in The Socialist Republic of Vietnam

2005 ◽  
Vol 2 (3) ◽  
Author(s):  
Sarah E. Hilmer
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
National Economy ◽  
Agricultural Production ◽  
Economic Liberalization ◽  
Structural Reforms ◽  
Socialist Republic ◽  
Communist State ◽  
Science Technology ◽  
The People

IntroductionThe communist state of Vietnam with its currently 64 provinces (tinh) and 5 municipalities (thu do), experienced little economic growth over the last two decades. This was a result of the more conservative leadership policies in the country. However, since 2001 Vietnamese authorities have committed to economic liberalization, whereby structural reforms were enacted, as well as the economy was modernized and the country produced more competitive, export-driven industries.With a population of approximately 82,689,518, over 70 % of the people are involved in agricultural production, such as paddy rice, corn, potatoes, rubber, soybeans, coffee, tea, bananas, sugar; pigs, and fish. Other active development of the country, besides agriculture, is considered to be industry with its imports and exports. The growth rate of the national economy is estimated of 7.2 % on average, and investments for science, technology and environmental protection can be seen as the major reasons of economic growth.

scholarly journals The rise of working pensioners: the Swedish case

2016 ◽  
Vol 2016 (1) ◽  
pp. 41-66
Author(s):  
Lennart Flood ◽  
Nizamul Islam
Keyword(s):  
Economic Growth ◽  
Older Workers ◽  
Working Hours ◽  
Economic Reforms ◽  
Economic Incentives ◽  
Market Work ◽  
Age Dependency ◽  
Fiscal Impact ◽  
Employment Rates ◽  
The Eu

Abstract According to the Eurostat the old-age dependency (people aged 65 or above relative to those aged 15- 64) in the EU will rise from 28% in 2010 to 58% in 2060. During the same period total hours works are projected to fall contributing to a low projected economic growth over the next half-century. In this paper we argue that this gloomy picture might be challenged by an increase in the employment rates of older workers. Using Sweden as an illustration we show that the ratio of individuals with income from both pension and market work has increased strongly during the last decade. During the same period economic reforms have been introduced creating economic incentives in order to delay the exit from the labor market. In this paper we demonstrate the importance of these economic reforms in explaining increased working hours. The paper also evaluates the fiscal impact of the increase in the employment rates.

scholarly journals Ways of intensification of economic growth and activation of investment activities in order to ensure the economic security of the Russian Federation

2021 ◽  
Vol 284 ◽  
pp. 07015
Author(s):  
Lyudmila Kopteva ◽  
Irina Romanova ◽  
Angela Mottaeva
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Russian Federation ◽  
National Economy ◽  
New Technologies ◽  
Economic Security ◽  
National Accounts ◽  
Investment Activity ◽  
System Of National Accounts ◽  
The Russian Federation

Macroeconomic dynamics is in the focus of attention of the scientific community due to the fact that it characterizes the key trends in the development of the national economy. The basic indicator in the system of national accounts is the gross domestic product (GDP), which in general form is the aggregate value of all goods and services produced within the national economy. GDP is widely used in the analysis of economic growth trends. Economic growth, creating conditions for it – the most important goal of economic development, both within the framework of ensuring the economic security of the entire national economy and at the level of an individual enterprise. Nowadays, economic development is characterized by an accelerated rate of scientific and technological progress: new technologies and approaches are being created that have higher efficiency. From a microeconomic point of view, the main factors of production are labor, capital and information. Fixed capital investments (buildings, structures, machinery and equipment) are a key instrument for renewing fixed assets. Investment activity is the process of renewing the capital of an enterprise as a result of modernizing its technical and technological base, which ensures its economic security. Investments, along with government spending, are key drivers of economic growth. As a result, we can confidently assert the high importance of investment activities, both throughout the country and at the level of individual economic entities, as well as their economic independence. The paper shows the ways to intensify economic growth and intensify investment activities in order to ensure the economic security of the Russian Federation.

scholarly journals Network model for researching the impact of the increasing of division of labor on innovations and economic growth

2020 ◽  
pp. 60-69
Author(s):  
I.P. Timofeev ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic System ◽  
Division Of Labor ◽  
Network Model ◽  
Economic Development And Growth ◽  
Economic Interpretation ◽  
The Impact ◽  
Further Development

The author offers a network model of the economic system designed to research the impact of increasing technological division of labor on the opportunities for economic development and growth. The article describes the main elements of the model and their economic interpretation, as well as the basic rules for its construction. An economic network consists of sets of producers, consumers and goods flows between them. The author shows how the model represents the appearance of various types of innovations. The author has outlined main directions of further development and researching the model.

scholarly journals SMART GROWTH PROGRESS IN EUROPEAN UNION: A COHESION APPROACH

2019 ◽  
Vol 133 (2) ◽  
pp. 41-49
Author(s):  
Viktor Kozlovskij
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Tertiary Education ◽  
Smart Growth ◽  
Developed Countries ◽  
Member States ◽  
Eu Countries ◽  
Development Level ◽  
Growth Indicators ◽  
The Eu

Economic development and socioeconomic cohesion have always been an object of scientific research. In particular, this issue had become a focus of attention after EU enlargement in 2004 and Great Recession in 2007–2009. The above changes have given way to a certain slowdown in economic growth in most EU countries along with triggering a range of divergence processes between EU countries and regions. As a response to situation, the EU offered a Europe 2020 strategy, in which smart growth was mentioned as one of critical instruments to deal with increasing menaces. The objective of the study is to evaluate the progress of the main smart growth indicators (investment in research and development (R&D), employment rate and share of population obtaining tertiary education) in the EU over the period 2001–2017 within the framework of the economic cohesion concept. The paper seeks to explore the EU from different perspectives. First, the EU new member states (EU-10) and the old ones (EU-14) were compared. Second, the EU countries were divided by economic development level (calculated by GDP per capita in PPP): highly developed (H-7), medium developed (M-7) and less developed (L-7) countries. Finally, aggregate cohesion indices of all three smart growth indicators were calculated for the entire EU (EU-28). The research findings have revealed some interesting trends. First, each smart growth indicator’s progress depends on countries’ economic development level. Aggregate values for more developed countries (EU-14, H-7 and G-3) are always higher than the EU average (EU-28) and aggregate values for less developed economies are basically lower. Second, cohesion progress of smart growth indicators was influenced by economic recession in 2007–2009. It is argued that cohesion is evident in times of economic growth, but its progress ceases or divergence might occur in case of economic hazards. However, despite the expanding cohesion between the new and the old member states, a gap between certain groups of countries is even growing. This is clearly evident when the EU member states are divided into groups subject to the level of their economic development.

Economic Growth In The Conditions Of Digitalization In The EU Countries

2021 ◽  
Vol 38 (4) ◽  
Author(s):  
Oleksandr Vyshnevskyi ◽  
Ihor Stashkevych ◽  
Olena Shubna ◽  
Svetlana Barkova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
European Commission ◽  
National Level ◽  
Present Stage ◽  
Eu Countries ◽  
Stage Of Development ◽  
Object Of Study ◽  
High Level ◽  
The Eu

The article discusses the dynamics of economic development based on the level of digitalization of the countries. Economic development is evaluated through the dynamics of GDP changes. Digitalization level is evaluated through the Digital Economy and Society Index (DESI), which is calculated on a regular basis by the European Commission. Object of study – 28 EU‑member countries. The hypothesis of the investigation: a high level of digitalization leads to an acceleration of economic growth on national level. This hypothesis did not find any statistically significant confirmation. Thus, we can conclude that the level of the economy digitalization at the present stage of development of technologies and institutions in the EU countries does not have a decisive effect on the rate of economic growth.

Human Capital as a Determinant of Long-Term Economic Growth

2018 ◽  
pp. 249-264
Author(s):  
Siriwan Saksiriruthai
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Capital Accumulation ◽  
Economic Reforms ◽  
Success Factor ◽  
Human Capital Accumulation ◽  
Modern Economic ◽  
And Migration ◽  
Capital Development

This chapter aims to investigate the importance of human capital as a key success factor to economic growth and modern economic reforms as well as exploring determinants of human capital. Then factors influencing human capital accumulation as well as case studies are discussed to illustrate the influence of human capital to economic growth and reforms. Together with economic reforms, supportive education and human capital development policies, some countries could generate a dramatic technology and economic development. Currently, human capital even becomes crucial because of this technological progress. Thus, modern economic reform needs more intense human capital accumulation to cope with more advanced technology. In this chapter, we investigate the role of human capital accumulation by education and migration process in economic reforms and development of three countries with completely different conditions of economic development.

Human Capital as a Determinant of Long-Term Economic Growth

2021 ◽  
pp. 1518-1533
Author(s):  
Siriwan Saksiriruthai
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Capital Accumulation ◽  
Economic Reforms ◽  
Success Factor ◽  
Human Capital Accumulation ◽  
Modern Economic ◽  
And Migration ◽  
Capital Development

This chapter aims to investigate the importance of human capital as a key success factor to economic growth and modern economic reforms as well as exploring determinants of human capital. Then factors influencing human capital accumulation as well as case studies are discussed to illustrate the influence of human capital to economic growth and reforms. Together with economic reforms, supportive education and human capital development policies, some countries could generate a dramatic technology and economic development. Currently, human capital even becomes crucial because of this technological progress. Thus, modern economic reform needs more intense human capital accumulation to cope with more advanced technology. In this chapter, we investigate the role of human capital accumulation by education and migration process in economic reforms and development of three countries with completely different conditions of economic development.

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