scholarly journals Methodology for assessing the effectiveness of financing social expenditures considering the risk

2021 ◽  
pp. 22-31
Author(s):  
Nadezhda Yashina ◽  
Sergei Nikolaevich Yashin ◽  
Elena Poiyushcheva ◽  
Nataliya Nikolaevna Pronchatova-Rubtsova
Keyword(s):  
Economic Development ◽  
Social Policy ◽  
Government Spending ◽  
Socioeconomic Development ◽  
International Standards ◽  
Practical Implementation ◽  
Financial Decisions ◽  
State Financing ◽  
Innovation Economy ◽  
Social Expenditures

  Currently, all the prerequisites have been met for transitioning to the qualitatively higher level of public finance management that correspond to the generally accepted principles and international standards. The responsibility for choosing the most effective methods of public expenditure management increases with the development of innovation economy. This actualizes the problem of improving the state financing of social expenditures. The subject of this research is the assessment of the effectiveness of government spending in the area of social policy, considering the range of indicators that reflect socioeconomic development of the regions. The score is suggested for assessing the effectiveness of government spending in the area of social policy based on the standardized values of the criteria that describe the aspects of social policy of the regions and the peculiarities of their economic development. The proposed methodology for integrated assessment of the effectiveness of government spending takes into account the trends in the criteria that characterize the level of economic development of the regions, as well as possible variability of budget flows aimed at financing social expenditures. Practical implementation of such methodology allows classifying the territories by the level of efficiency of social expenditures, which facilitates rational financial decisions on the formation of resources that ensure sustainable economic growth and development of strong human capital.  

Social Recourses of the Population under Conditions of Losing Economic Stability

2015 ◽  
pp. 86-99 ◽  
Author(s):  
E. Avraamova ◽  
T. Maleva
Keyword(s):  
Economic Development ◽  
Social Policy ◽  
Social Development ◽  
Safety Margin ◽  
Economic Stability ◽  
Socio Economic Development ◽  
Development Stability ◽  
Made In

The loss of country’s socio-economic development stability puts on the agenda the problem of finding solutions contributing to the maintenance of Russian households’ welfare. The authors believe that these solutions lie in the broader area than applying various instruments of monetary support. The most effective solutions are related to the actualization of own resources of households that can act as a safety margin as well as a source of social development. The attempt to evaluate the households’ resource provision and highlight the significance of each resource enabling or creating barriers to the growth of households’ welfare is made in this article. On the basis of received conclusions social policy areas directed at preserving or enhancing the welfare are defined.

Spatial socioeconomic development of cooperating regions: The Siberian Federal District case study

2020 ◽  
Vol 18 (7) ◽  
pp. 1266-1285
Author(s):  
Sn.P. Mongush
Keyword(s):  
Economic Development ◽  
Socioeconomic Development ◽  
Federal District ◽  
Conceptual Basis ◽  
Siberian Federal District ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Development Objectives ◽  
The Relationship

Subject. This article explores the various aspects of the concept of Spatial Development. Objectives. The article aims to develop a conceptual basis for the spatial socio-economic development of the collaborating regions. Methods. For the study, I used the methods of comparative and statistical analyses. Results. The article shows how cooperation between the subjects of the Russian Federation increases the potential of economically united regions. Conclusions. When preparing national strategic planning documents, it is necessary to take into account the specifics of regions, their capacity, available resources, and focus on the relationship between regions.

Assessment of the influence of the spatial environment on the socio-economic development of the municipality

2019 ◽  
Vol 40 (3) ◽  
pp. 148-155
Author(s):  
K. N. Yusupov ◽  
V. M. Timiryanova, ◽  
Iu. S. Toktamysheva ◽  
A. F. Zimin,
Keyword(s):  
Economic Development ◽  
Socioeconomic Development ◽  
Statistical Data ◽  
Geographical Location ◽  
Integrated Approach ◽  
The State ◽  
Municipal District ◽  
Socio Economic Development ◽  
Spatial Environment ◽  
The Impact

The article presents a methodology for assessing the impact of spatial environment on the socioeconomic development of municipalities. It relies on existing tools for assessing the state and potential of the geographical location of municipalities. An integrated approach allows to determine the potential of the interaction of the municipality with the neighbors of the first and second order. The methodology was tested on statistical data on the Blagovarsky municipal district.

scholarly journals Financial statements as the main source of information on the enterprise activity

2021 ◽  
Vol 11/1 (-) ◽  
pp. 27-30
Author(s):  
Nina OVSIUK ◽  
Zhanna SHALIIEVSKA ◽  
Kateryna HULKO
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
International Standards ◽  
Foreign Banks ◽  
Practical Implementation ◽  
Economic Activities ◽  
Management Decisions ◽  
Economic Relations ◽  
Intelligent Technology ◽  
Transparency And Disclosure

The essence of effective management of each business entity depends primarily on transparency and disclosure of information about its financial and economic activities. The financial report itself covers all important information about the state of the enterprise and provides an opportunity to obtain financial status with it by the interested user for further analysis and decision-making on further activities. As a rule, investors of creditors, state bodies, representatives who are preparing in construction with the business entity are interested in financial reporting. In order to provide more detailed and informative financial reporting to users, it is necessary to compile it with international standards, which act as tools for globalization of the economy and contribute to the development of global economic relations. During 2020–2021, the activities of enterprises took place in extremely difficult conditions, which is why the pandemic significantly affected the financial reporting indicators. Today, there is an appropriate use of intelligent technology and computer technology in the formation of financial statements. Financial statements based on taxonomies of financial statements for IFRS are prepared and presented in a single electronic format using Extensible Business Reporting Language (XBRL). XBRL is a generally accepted international standard for presenting financial statements in accordance with IFRS in electronic form. With the help of IFRS, Ukrainian companies have more effectively solved the following tasks: attracting investments and loans from the world's largest companies and banks, the ability to service financing from foreign banks and other organizations; placement of shares on international stock exchanges; providing the company's management with reliable information for making management decisions, as well as evaluating their adoption. Thus, today the economy of Ukraine depends on the choice of IFRS as a conceptual basis for accounting and its practical implementation. After all, the financial statements are fully open to internal and external users to make informed management decisions regarding cooperation with the relevant entity.

scholarly journals COMPARATIVE ANALYSIS OF CLUSTER INSTRUMENTS OF ECONOMIC DEVELOPMENT IN UKRAINE AND VIETNAM

2021 ◽  
Author(s):  
Le Tkhi Myn Khuiien ◽  
Yuriy Nikolayev
Keyword(s):  
Economic Development ◽  
Comparative Analysis ◽  
Industrial Clusters ◽  
Practical Implementation ◽  
Efficient Operation ◽  
Industrial Parks ◽  
Legislative Framework ◽  
Strategic Goals ◽  
Tax Benefits ◽  
The City

Comparative analysis of cluster instruments for economic development of Ukraine and Vietnam is carried out. The study showed that the absolute majority of the clusters operating in Ukraine have significant strategic gaps between strategic goals and resources for their implementation. In order to eliminate strategic gaps, a set of practical recommendations has been substantiated, which generally consists of the following main elements: inclusion in the current legislation of the concept of "innovative industrial cluster of the sixth technological order"; providing the subjects of such clusters with innovative tax benefits; provision of concessional lending for intra-cluster innovation projects. In terms of the effectiveness of the use of cluster instruments for economic development, Vietnam is significantly ahead of Ukraine. The highest efficiency of cluster development was achieved in Vietnam for fourteen of the sixteen positions we analyzed, and in Ukraine, the highest efficiency was not achieved for any position. For each of the ten cluster instruments of economic development that are not used in Ukraine, we substantiated the feasibility and effectiveness of their implementation in our state. In order to introduce each of the most important cluster instruments of economic development, an appropriate legislative framework should be created in Ukraine, as well as a system of by-laws for its practical implementation. Vietnam has been well done in the cluster industrial policy. To the end of 2020, there are 260 industrial parks in the whole country (besides, there are some industrial parks acquired licensing but not yet constructed or having planned but not yet approved). Hanoi plans to build 43 industrial clusters in 2021. To ensure efficient operation of industrial clusters, Hanoi would provide supporting policies for enterprises and business households relocating their operation into industrial clusters, while setting up a list of service fees for all industrial clusters in the city. Hanoi plans to further promote investment and higher occupancy rate in industrial clusters, gradually transforming the current management model towards greater efficiency in operation of industrial clusters.

scholarly journals European Union Social Policy as an Instrument for Sustainable Development

2011 ◽  
Vol 13 (4) ◽  
pp. 117-138
Author(s):  
Janina Witkowska
Keyword(s):  
European Union ◽  
Economic Development ◽  
Corporate Social Responsibility ◽  
Social Policy ◽  
Social Responsibility ◽  
Member States ◽  
Social And Economic Development ◽  
Eu Policies ◽  
Corporate Social ◽  
The Eu

This paper undertakes an analysis and assessment of European Union (EU) social policy in the context of the sustainability of the group's social and economic development. The process of Europeanizing EU social policy is not advanced. Thus, the weight of solving social problems primarily rests with member countries. EU social policy is "looser" in character than other EU policies and its scope is limited to those areas where member states were willing to transfer certain prerogatives to European Union level. The EU only supports social policy in the context of the sustainability of the group's social and economic development. The process of Europeanizing EU social policy is not and supplements the actions of member states in the social sphere. At the same time, the EU supports the concept of corporate social responsibility. Corporate social responsibility is defined as the voluntary taking into account by companies of social and environmental matters in their operations and in relations with interested parties.

The Role of Regional Airports in Connectivity and Regional Development

2021 ◽  
Author(s):  
Oscar Díaz Olariaga
Keyword(s):  
Economic Development ◽  
Regional Development ◽  
Socioeconomic Development ◽  
Transport Network ◽  
Air Transport ◽  
Investment Policies ◽  
Air Transport Industry ◽  
Social And Economic Development ◽  
Regional Airports

This article analyzes the contribution of regional airports in Colombia to the development of the domestic air transport network, and with it, to the connectivity of the regions and their social and economic development. The growth and evolution of Colombian regional airports are supported and driven by a set of public and investment policies, designed exclusively for the air sector and implemented, almost continuously, since the liberalization of the air transport industry in the country in the early 1990s and are still in development. Having said this, this work analyzes how the network of regional airports have been able to develop in two and a half decades through public policies, and later, how these airports have positively impacted connectivity and socioeconomic development in the territories. All this is done through the presentation and analysis of related indicators.

Sweden after Swedish Model

2014 ◽  
pp. 53-64
Author(s):  
I. Grishin
Keyword(s):  
Social Policy ◽  
Socioeconomic Development ◽  
Social Democrats ◽  
Social State ◽  
Dominant Party ◽  
Swedish Model ◽  
The Social ◽  
Swedish Society ◽  
General Elections ◽  
The Government

Since the turn of the 1980–90s the Swedish society has undergone fundamental changes. It has altered the vector of the socioeconomic development. The social democrats have lost their position as the dominant party. They changed the course of the governmental policy from social-state to liberal one that was taken over and strengthened by the government of center-right parties after their victory in the 2006 and 2010 general elections. The social democrats have found themselves in the unprecedented since 1917 long opposition. All of this means that, despite keeping predominance of the institutional-redistributive principle of social policy, the former model of societal development has in essence consigned to history.

Welfare Efforts in Comparative Perspective

2020 ◽  
pp. 52-89
Author(s):  
Ferdinand Eibl
Keyword(s):  
Social Policy ◽  
Social Protection ◽  
Social Spending ◽  
Welfare Provision ◽  
Regime Formation ◽  
Policy Regimes ◽  
The Social ◽  
Social Expenditures ◽  
The International Monetary Fund

This chapter provides an analytical overview of welfare provision in labour· abundant MENA regimes. Organized in sections by country and covering the period from regime formation until the late 2000s, the chapter pays particular attention to spending levels and the accessibility of social policies, and maps the eigbt regimes onto the three different pathways of welfare provision outlined in Chapter I. It draws on a combination of historical reports and statistics, available secondary accounts, and a novel dataset on social expenditures developed from archival material of the International Monetary Fund (IMF). It also diversifies the picture by examining policies of education, health, and social protection separately. The chapter lays important groundwork for further analyses and gives a more complete sense of social policy regimes beyond the social spending figures presented in Chapter I.

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