scholarly journals INCREASING THE ROLE OF COMPETITIVENESS OF THE NATIONAL ECONOMY AS A FACTOR OF ECONOMIC GROWTH IN THE CONDITIONS OF GLOBALIZATION

2021 ◽  
Author(s):  
Olena Pankratova
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Import Substitution ◽  
Global Market ◽  
Economic Life ◽  
Added Value ◽  
High Tech ◽  
Economic Sectors ◽  
Factors Affecting ◽  
The World

The article discusses the current problem related to the innovative development of our country’s economy under the influence of globalization. The transition to a higher level of economic development will increase the competitiveness of the Ukrainian economy as a factor of economic growth in the context of globalization. Sustainable economic growth of any state requires favorable conditions for business development and active intervention of innovative factors in economic life, which involves an increase in competitive advantages over other countries of the world. Therefore, the problem of competitiveness of Ukraine's economy is extremely relevant in the context of globalization. Key approaches to assessing the competitiveness of the national economy in the current environment are also being considered. A system of indicators of competitiveness of the national economy is being formed, as well as the factors influencing it. The article defines the essence of the concept of competitiveness of the national economy as a factor of economic growth in the context of the integration of the world economic space and the formation of a global market. Among the main methods that were used in the process of analytical research, the following should be highlighted: analysis and comparison – to determine the concept of competitiveness and the factors affecting it. Methods – for processing statistical data when assessing the analysis of factors affecting competitiveness; strategic analysis – identifying Ukraine's place in the world ranking. To strengthen and increase the competitiveness of the national economy in the context of globalization, further modernization and diversification of industry is required by transferring it to a qualitatively new level, aimed at the advanced development of high-tech processing industries, primarily in the production of finished products (production of dietary supplements and organic food) with high added value based on deep processing of raw materials; continuation of the policy of stimulating the localization of production and import substitution, primarily of consumer goods and components, expansion of inter-industry industrial cooperation; liberalization and simplification of export activities, diversification of the structure and geography of exports, expansion and mobilization of the export potential of economic sectors.

scholarly journals ФІНАНСОВЕ ЗАБЕЗПЕЧЕННЯ СТИМУЛЮВАННЯ РОЗВИТКУ ТРУДОВОГО ПОТЕНЦІАЛУ В УМОВАХ АКТИВІЗАЦІЇ МІГРАЦІЙНИХ ПРОЦЕСІВ

2020 ◽  
pp. 229-237
Author(s):  
Liudmyla Mekshun ◽  
Maksym Zabashtanskyi
Keyword(s):  
National Economy ◽  
Financial Support ◽  
World Market ◽  
Added Value ◽  
High Tech ◽  
Innovative Product ◽  
Current State ◽  
Fixed Assets ◽  
The World ◽  
Labor Potential

The article analyzes the current state and prospects of financial development of labor potential in Ukraine. The comparative analysis of financial support of labor stimulation in the leading countries of the world is carried out, the factors of stimulating and limiting influence on a condition of labor potential of the country are grouped. It is determined that the key problems hindering the development of labor potential in the country are the low level of development of the national economy, associated with a significant backlog of technological capabilities, moral and physical depreciation of fixed assets, the inability to create an innovative product with high added value. It is substantiated that in order to develop the national economy, the key condition is the creation of high-tech production that can ensure the competitiveness of its own products on the world market, which can be done only with adequate financial support to stimulate labor potential. It is proved that adequate financial support for labor incentives should be a key condition for the generation and preservation of labor potential necessary for the effective functioning of the national economy.

scholarly journals FORMATION OF COMPETITIVE ADVANTAGES IN THE PROCESS OF TRANSFORMATION OF THE STRUCTURE OF NATIONAL ECONOMY

2021 ◽  
pp. 239-251
Author(s):  
Vasilina Iliukhina ◽  
Keyword(s):  
Economic Policy ◽  
National Economy ◽  
Chemical Engineering ◽  
World Market ◽  
Green Energy ◽  
Raw Material ◽  
Added Value ◽  
High Tech ◽  
Competitive Advantages ◽  
The World

The article investigates the process of formation of competitive advantages in the context of transformation of the structure of the national economy. One of the main priorities of economic policy of modern countries is to build a competitive, socially oriented economy that can successfully integrate into the world economic space. To ensure sustainable development and counter negative external influences, strategies are developed and implemented aimed at creating competitive advantages and, consequently, increasing the country's international competitiveness. The issue of transforming the structure of the national economy is urgent, as the level of lagging behind the development of the domestic economy from neighboring countries is similar and the country's raw material specialization is consolidating in the world market, which in turn preserves low living standards. Indicators of economic development show that without radical changes in economic policy, the lag in the development of the Ukrainian economy will only increase. The formation of competitive advantages in the context of the modern structure of the economy inherent for a large European country should be based on the economic specialization of the country in industries and activities that create greater added value, such as processing industry, chemical, engineering, IT, green energy, pharmaceuticals and other high-tech industries, industries of higher technological modes. The role of public-private partnership in the formation of effective economic policy aimed at forming the competitive advantages of the national economy is important.

scholarly journals CONTAINING FACTORS OF THE RUSSIAN DIGITAL TRANSFORMATION AT THE TRANSIT STAGE FROM THE FORMATION OF THE DIGITAL ECONOMY TO ITS DEVELOPMENT IN THE CONTEXT OF GLOBAL TRENDS

2019 ◽  
Vol 7 ◽  
Author(s):  
Elena Zolochevskaya ◽  
Tatyana Cherkasova ◽  
Valeriya Arsenieva ◽  
Larisa Lozovova
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
World Economy ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
High Tech ◽  
Innovative Development ◽  
National Program ◽  
The World

The article reveals the concepts of innovative development and digital economy and defines their categorical correlation. The main modern trends in the development of the world economy in the context of globalization are highlighted, which implies that the digital transformation of national economies is becoming a key factor for sustainable economic growth, allowing to ensure strong competitive positions in the global space. Expert assessments of cross-country ratings in terms of the global competitiveness and innovativeness of the national economy demonstrate that the leading role in the development of the world economy belongs to the developed and rapidly developing countries at the top of these ratings. However, the leading positions some countries in the ratings are not the result of simple evolution of economic development, but a purposeful strategy of innovative development implemented through a set of public policy measures. The analysis of the state innovation policy of the USA, EU countries, Sweden and Norway, which occupy leading positions in the Digital Economy and Society Index (I-DESI) rating, made it possible to identify the main directions of economic growth that are important to consider in the Russian state policy of digitalization. As part of the study of the current state of the Russian digital transformation, the achieved success is highlighted and the constraints are identified, the elimination of which will determine the success of the development of digital technologies and their implementation in government bodies, public organizations and business structures. The successful result of Russian digitalization is the adoption of a strategic document (National Program "Digital Economy of the Russian Federation"), which defines the goals and institutional conditions for its implementation for all subjects of the national economy. Critical analysis of national programs helped to highlight some of the contained flaws, including the lack of: - economic objectives that concern system development of national industry 4.0 and the withdrawal of Russian digital technologies on global markets;- the indicative indicators of the pace of development of e-Commerce, the share of high-tech jobs in the total employment structure, growth of high-tech exports, and others; incentive mechanism for businesses to transition on the numbers; - ways to increase investment in research and development. In addition, the need for its adjustment is due to the selected seven limiting factors of Russian digitalization, which demonstrate the low efficiency of the national program in the transition from the stage of formation to the stage of development of the digital economy in Russia.

scholarly journals Inflation and its Impact on the Economy of Ukraine

2019 ◽  
pp. 3-7
Author(s):  
R. Byvshev ◽  
A. Listopadov
Keyword(s):  
Foreign Exchange ◽  
Foreign Exchange Market ◽  
Import Substitution ◽  
Added Value ◽  
High Tech ◽  
Efficient Production ◽  
Industrial Complex ◽  
Exchange Market ◽  
Economic Sectors ◽  
State Programs

The article analyzes the causal relationships of the dynamics of inflation processes in Ukraine using the tools of anti-inflationary policy. The main causes of inflationary processes in Ukraine are determined. The main directions for the improvement of anti-inflationary policy in Ukraine are proposed, the main ones being: the development of comprehensive state programs for the development of economic sectors that contribute to the creation of competitive, high-tech and high-tech production, especially in the agro-industrial complex and IT industry; improvement of the monetary policy of the National Bank of Ukraine, which should consist of crediting efficient production in priority sectors of the economy, using a productive issue tool that through a credit channel facilitates the growth of production, import substitution, the saturation of domestic markets with domestic goods, growth of employment and wages; stabilization of the foreign exchange market through currency, banking, and monetary regulation reforms, which are aimed at balancing the development of the foreign exchange market, supporting the development of export-oriented industries with high added value, and creating positive incentives for bringing exporters to the country. Keywords inflation, anti-inflation policy, foreign exchange market, industrial products, consumers, producers, price index, national economy.

Production capacity of Russian industry: Potential of import Substitution and economic Growth

2015 ◽  
pp. 5-24 ◽  
Author(s):  
B. Zamaraev ◽  
T. Marshova
Keyword(s):  
Economic Growth ◽  
Import Substitution ◽  
Production Capacity ◽  
Current Level ◽  
High Tech ◽  
Industrial Growth ◽  
Russian Industry ◽  
Technological Modernization ◽  
Capacity Structure ◽  
Idle Capacity

The article examines the state of production capacity of Russian industry. It is shown that in spite of certain positive shifts, the rate of technological modernization in recent years has been insufficient for marked progressive changes in the capacity structure and quality. In contrast to the industrial growth after the crisis of 1998 that took place in the presence of significant reserves of capacity, the current level of idle capacity is much lower. The lack of mass input of modern and high-tech industries objectively limits the possibilities of import substitution and economic growth.

scholarly journals Directionality of Education – Balanced Education and Integration of Educational Systems in the National Economy

Equilibrium ◽  
2013 ◽  
Vol 8 (2) ◽  
pp. 101-113
Author(s):  
Wiktor Morohin ◽  
Aleksandrs Rubanovskis
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Driving Force ◽  
Developed Countries ◽  
Educational Systems ◽  
High Quality ◽  
National Economic ◽  
The World ◽  
National Economic Development

The quality of the workforce is a precondition for economic growth of a society. One of the main indicators of these preconditions is education. The effectiveness of economies of developed countries is based on the high quality of knowledge. As a resutl the quality and balanced education determines the rating of a state in the world and serves as a driving force of national economic development. The aim of the article is to identify opportunities that will allow integrating the balanced education in the educational systems of the national economy.

The State of Mechanical Engineering in the Modern Russian Economy

2020 ◽  
Vol 12 (4-2) ◽  
pp. 277-290
Author(s):  
Natalia Bozo ◽  
◽  
Ekaterina Malysheva ◽  
Nadezhda Filatyeva ◽  
◽  
...  
Keyword(s):  
Mechanical Engineering ◽  
Full Employment ◽  
Import Substitution ◽  
Geographic Location ◽  
Educational Background ◽  
Machine Building ◽  
Added Value ◽  
High Tech ◽  
Building Industry ◽  
Effective Development

Machine building is a leading industry in advanced countries. It provides many industries with machines and equipment as it is the main link in the system of intersectoral linkages. Innovations in engineering create the basis for increasing production and qualitative changes in the structure of industry, that creates a synergistic effect for the economy as a whole. Thus, it secures full employment for highly skilled employees, promotes the growth of the level of educational background of the population and contributes to the development of the scientific and technological potential of the country. However, underinvestment in innovation technologies and processes, a limited character of the import substitution model and an insufficient support of the export model greatly hinder rapid and effective development of the machine-building industry. Specific peculiarities of the machine building development such as R&D intensity, labor intensity, and the intensity of metal use, the need in cooperation and consumer orientation influence their geographic location. Despite the decline in the number of enterprises and employment in the machine-building industry, the industry’s contribution to the GVA is stable. At the same time, the state’s interest in the development of all sectors with high added value will influence the future of engineering. In statistics innovative activity in mechanical engineering began to be considered relatively recently. The highest rates of innovation are high-tech engineering. The state’s share in supporting innovation in both manufacturing and engineering is increasing. The coefficients of specialization are calculated for all Federal districts and each of the 85 subjects of the Federation for the period from 2007 to 2017. Calculations were carried out for all types of economic activity, according to the classifier of OKVED. The specialization industries for each of the regions are identified. The group of regions where engineering is concentrated is defined. These 19 regions did not change their industry of specialization during the analyzed period from 2008 to 2017.

Cross-Border E-Commerce Payments

2021 ◽  
pp. 78-97
Author(s):  
Noor Nahar Begum ◽  
Md Masudul Hassan
Keyword(s):  
Emerging Markets ◽  
National Security ◽  
Economic Life ◽  
Rapid Expansion ◽  
The Internet ◽  
Factors Affecting ◽  
Cross Border ◽  
Doing Business ◽  
The World ◽  
Internet Connections

The rapid expansion of the internet provides the world great achievements both in social and economic life. E-commerce has become one of the serenest ways of doing business and has a persuasive impact on the economy. It is the set of transactions that have been conducted through internet connections and computer networks. This chapter aims to look at the cross-border e-commerce payments. Specially, the chapter has focused on the trends in e-commerce payments, methods of online payments, effects of cross-border e-commerce, factors affecting cross-border e-commerce payments, friction of cross-border e-commerce system, drivers and impediments of cross-border e-commerce, growth of cross-border e-commerce in emerging markets. Moreover, this chapter shows how information has become the blood of e-commerce. It has extensive effects on the economy, society, and indeed national security.

Innovation – Populist Slogan, Why?

2014 ◽  
Vol 33 (3) ◽  
pp. 25-34
Author(s):  
Peter Ponický ◽  
Vítězslav Zamarský
Keyword(s):  
Economic Growth ◽  
Life Experiences ◽  
Poor Quality ◽  
Added Value ◽  
The European Union ◽  
Asian Countries ◽  
Positive Effects ◽  
The World ◽  
Leading Position ◽  
Catch Up

Nowadays, innovation is perhaps the most widely spoken global keyword in the field of economy. Everyone talks about innovation and the European Union already for more than a decade, has wanted through innovation to catch up with and take the leading position in the world. However, what is the reality? Europe still has difficulties with the pace of economic growth, which according to many is joined combined with innovation and knowledge. Asian countries often set a price of an innovated product of poor quality and with no added value that includes huge cost of efficient marketing and aggressive advertising. Therefore, is innovation everything what is called this way? Though the world controls the speed and acceleration of changes, it does not mean necessarily an advantage or positive effects. And evolution of a star in a supernova and then a black hole is in the final stages accelerated in an unusual way. The inspiration for our article was slanted to cheap using the word “innovation”, just because it is a European priority. We just drew from his knowledge and life experiences.

scholarly journals STRATEGIES FOR RETENTION GLOBAL LEADERSHIP OF SMALL HIGH-TECH COMPANIES IN NARROWLY FOCUSED MARKETS

2018 ◽  
Vol 4 (2) ◽  
pp. 115-126
Author(s):  
F. A. Kurakov
Keyword(s):  
Russian Federation ◽  
Food Packaging ◽  
Raw Materials ◽  
Global Market ◽  
High Tech ◽  
Strategic Objectives ◽  
World Markets ◽  
The World ◽  
The Russian Federation ◽  
The Right

In the absence of the development of exports of high-tech industries, the implementation of strategic tasks for the accelerated growth of the economy set by the Decree of the President of the Russian Federation “On national goals and strategic objectives of the development of the Russian Federation until 2024” of May 7, 2018 No. 240 is unlikely. According to most researchers, the main potentially possible commodity items in non-raw materials exports, which are in demand in the world markets, are the products of engineering, pharmaceutical industry, apparatus and devices used in medicine. Therefore, the right to participate in foreign economic activity is delegated, first of all, to large domestic companies. However, today Russia is a country with a large assortment of production of simple products, which requires building a systematic approach in the formation of both economic policy in general and export in particular in the direction of developing of non-resource industries that produce high-tech products. The analysis of the strategies for retaining the leading positions in narrow niche segments in the global market, analysis of the competitive and diversifying strategy of the German company Poly-clip System, which is the world’s leading producer of clipping systems and the world leader in the food packaging segment was performed.

Sign in / Sign up

Export Citation Format

Share Document