The impact of the regional capital on center-periphery interactions – the case of Lviv and its surrounding region

o analyse the impact of Lviv on centre-periphery interactions the authors calculated the Socio-Economic Development Index for different districts of the region and considered the distance of each district from the regional capital. The Socio-Economic Development Index (Іr) of each district was calculated as the arithmetic mean of indices of its economic (Іе) and social (Іs) development. A strong inverse relationship was found between districts’ indices and their distances from the regional capital (R = –0.69). The indices were used to classify districts into three categories: central, semi-peripheral, and peripheral. The central category includes districts located within a 50-km radius of Lviv and their indices range from 0.5 to 0.7. Semi-peripheral districts are located within the radius of 50-75 km and their Іr values range from 0.3 to 0.5. Peripheral districts are located at the furthest distance from the regional centre, and their Іr values are below 0.3. Because the correlation between the distance from the regional center and index value for some districts was not consistent with the general pattern, two subtypes of districts were also added – core and ancillary. The authors demonstrate that the impact of the regional capital on the socio-economic development of administrative districts decreases with their increasing distance from the regional center. The level of socio-economic development in districts depends, on the one hand, on the strength of impulses generated by the regional center, and on the other hand, is determined by the local economic capacity and ability to absorb the impacts of the regional center and other local growth poles.

Reclamation and development of post-industrial sites for recreation as exemplified by projects carried out in Poland in the 1920s and 1950s

The aim of this article is to present spectacular examples of reclamation and development of post-industrial sites, carried out in Poland in the 1920s and 1950s, with emphasis on their recreational function. Examples include a park built between 1889 and 1920 by Wojciech Bednarski in the valley of the former quarry in Podgórze, now the right-bank district of Krakow, and “General Jerzy Ziętek Provincial Park of Culture and Recreation”, now called “the Silesia Park”, created in the 1950s on degraded post-industrial land located within the borders of three cities: Chorzów, Katowice and Siemianowice Śląskie. Both parks are examples of reclaiming brownfield sites for recreational use in order to create attractive leisure spaces. They have become a model and point of reference for other park planning projects in Poland. Their spatial and functional design is exceptionally timeless. The study is mainly based on a review of the literature of the subject.

An extended list of calendar anomalies in the context of the efficient market hypothesis

The efficient market hypothesis is commonly tested mainly with regard to capital markets, but it has also been applied to currency and commodity markets. Although the theory has been used to confirm that different markets vary in their effectiveness, certain cyclical anomalies can be observed in these markets. Particularly noteworthy are calendar anomalies, which can be used to develop investment methods and procedures. In addition to commonly known anomalies, such as the January or the December Effect, or short-term ones, like the Friday or Monday Effect, there are many others that are largely unknown in Poland, such as those related to the Presidential Election Cycle in the USA or very short-lived ones, associated with individual hours of investing in a trading session. The aim of the article is to present a possibly complete list of calendar anomalies recognized in foreign capital markets, but largely unknown in Poland, such as short-lived anomalies and exotic ones (e.g. related to phases of the moon).

An assessment of innovation in economic sectors of the Pridneprovsky Economic Region in Ukraine

The article provides a comparative assessment of the innovativeness of Ukrainian and Polish manufacturing. The main types and kinds of innovation in different sectors of the Pridneprovsky Economic Region are identified and each kind of economic activity in the region is rated in terms of intensity and efficiency of development. It was found out that the most promising sector of the Pridneprovsky Economic Region was the engineering industry, where innovation is based on engineering developments and research. The authors provide economic justification for measures to increase intensity and efficiency, and hence the level of innovation of key economic activities of the region. What is required is an innovation-oriented ecosystem that provides conditions for research and development, the formation and development of networks that consolidate activities of research centers and science-intensive industrial production, training of professional staff; reliable protection of intellectual property, the development of industrial clusters; that facilitate access to global sources of technology, knowledge and highly qualified engineering and technical personnel.

The relationship between spirituality and technocentrism in the inclusive development of business entities

The purpose of the article is to analyse the evolution of society and the economy as a result of changes in the relationship between factors associated with technology on the one hand and spirituality and morality on the other. The technocentric orientation of civilization increases cyclically, while moral aspects are on the decline. The spiritual foundation of society ensures its stable development. The authors consider the structure of the capitalist society, which has entered a systemic crisis aggravated by the COVID-19 pandemic, and focus on possible changes in the development of economic entities under inclusive capitalism and a new world economic order. Risks associated with these changes and possible ways of avoiding destructive consequences are also addressed. The above considerations are analysed with regard to the problems of reforming the Ukrainian economy at this stage of its development.

The development of industrial enterprises in Ukraine in 2016-2020: assessment and analysis

The article describes a methodical approach to assessing the level of and prospects for the development of industrial enterprises based on results of a study investigating the dynamics of economic indicators of production and economic activity. The author presents determinants of productivity, efficiency and effectiveness which affect corporate development of enterprises and explains how they stimulate innovative organizational and economic changes in production and economic activity.

Social entrepreneurship as a tool for supporting the socio-economic development of Ukrainian cities

The article describes the development of social entrepreneurship in Ukraine. The author identifies a range of obstacles to social entrepreneurship in Ukraine, which correlate with European trends. She argues that the problems caused by the military conflict and the socio-economic instability have in fact stimulated the development of social entrepreneurship which has been able to react to the situation faster than public institutions. Economic sectors are identified that are the most attractive for social entrepreneurs. It is argued that the development policy for social entrepreneurship is at its still initial stage, which is evidenced by the lack of legal and strategic documents at the national and regional levels which would define conceptual foundations, priorities, and strategic directions for the development of social entrepreneurship. At the local level, only several municipalities have adopted development programs for this type of activity because they understand its importance for local economic development. The study shows that social entrepreneurship is becoming an efficient tool for implementing local policies of economic development for Ukrainian cities, but it requires a range of initiatives, including mentor guidance, institutional and financial support, and better access to sales markets, etc.

The impact of the shadow sector of transport services on the economic development of Ukraine’s regions

The article analyses aspects of illegal operations in the Ukrainian market of transport services associated with the main types of transport and their relationship with other areas of unreported economic activity. The extent of the shadow sector in the market of transport services in the regions of Ukraine in 2013-2019 was estimated by calculating the shadow economy coefficient for economic activities classified as “Transport, warehousing, postal and courier activities” using the so-called “method of unprofitable enterprises”. The correlation between the coefficient of the shadow economy in the market of transport services and the main indicators of economic development is estimated using regression analysis involving panel data for different regions of Ukraine in the period of 2013-2019. In order to improve the method of assessing the extent of the shadow economy in the transport services sector, a method is proposed which takes into account differences between volume of services provided and consumed.

The impact of the Anti-Crisis Shield package on the activity of cultural institutions in Poland

The main aim of the article is to present activities of cultural institutions during the pandemic. The theoretical part describes the impact of the anti-crisis shield package on the operation of cultural institutions during the lockdown. The description is based on information from the website of the Ministry of Culture and National Heritage. The empirical part contains an analysis of specific support tools offered by cultural institutions and organisations, units of local government, the EU, banks, foundations and art academies.

Economic effects of non-additive development of industrial enterprises: an analytical review of the process and structural transformations

The article presents a methodological approach to assessing the effects of non-additive development (NAD) of enterprises, which takes into account the impact of economic processes on the intensification of production activities of an enterprise and its socio-economic transformation. The author analyzed the current non-additive development of enterprises in the industrial sector of the Ukrainian economy by assessing the dynamics and identifying key trends depending on the main types of industrial activity. The results of the analysis were used to identify recent structural changes in the industrial sector.