scholarly journals ANALYSIS OF INSTITUTIONAL FACTORS AS PART OF THE COMPONENT OF ECONOMIC FREEDOM AS A BACKGROUND OF IMPROVEMENT OF STRUCTURAL PROPORTIONS IN THE CONTEXT OF IMPROVING GOVERNANCE

2020 ◽  
Vol 18 (2) ◽  
pp. 206-225
Author(s):  
Uliana Nikonenko ◽  
Tetyana Medynska ◽  
Oleksandr Bilotskyi ◽  
Mariia Baran ◽  
Inna Shevchuk
Keyword(s):  
Economic Freedom ◽  
Structural Changes ◽  
Raw Materials ◽  
Institutional Factors ◽  
Mathematical Methods ◽  
Analysis And Synthesis ◽  
Economic Freedom Index ◽  
General Scientific ◽  
Investment Process ◽  
Practical Implications

Purpose – the main purpose of the study is to analyze the institutional factors that are usually considered as components of economic freedom, as well as to assess the level of economic freedom as a prerequisite for improving structural proportions and stimulating the investment process in an economy with excess raw materials sector (such as Ukraine). Research methodology – the methodological basis is a system of complementary mathematical, general scientific and special methods, in particular system-structural comparison of retrospective, diagnostics and mathematical methods of studying possible dependence, general methods of analysis and synthesis, etc. Findings – the main result of the study is that increasing the degree of economic freedom in Ukraine contributes to structural shifts in favour of non-resource exports. Research limitations – our assessment methodology does not take into account the specifics of most European countries and is mainly aimed at countries of Eastern Europe so far. Practical implications – our proposed methodology for assessing the dependence of structural changes in a country’s exports on the economic freedom index IEF can be used in the practice of public administration in countries of such countries as Ukraine and others. Originality/Value – a proposed method for estimating the dependence of structural changes in Ukrainian exports on the IEF Index of Economic Freedom.

scholarly journals Organizational and structural aspects of the formation of the economic efficiency of agricultural enterprises

Ekonomika APK ◽  
2020 ◽  
Vol 310 (8) ◽  
pp. 98-106
Author(s):  
Yuliia Okhota
Keyword(s):  
Economic Efficiency ◽  
Structural Changes ◽  
Practical Significance ◽  
Scientific Methods ◽  
Agricultural Enterprises ◽  
Analysis And Synthesis ◽  
The Status ◽  
Logical Method ◽  
General Scientific ◽  
Structural Aspects

The purpose of the article is to characterize the organizational and structural aspects of the formation of economic efficiency of agricultural enterprises. Research methods. General scientific methods were used during the research - analysis and synthesis (to identify the links between the factors of formation of economic efficiency of agricultural enterprises, as well as to assess the status unifying effects of its formation); induction (for the implementation of theoretical conclusions about the patterns of causation of organizational and structural changes and the results of economic activity of enterprises); comparison (to compare the dynamics of changes in the structural composition of enterprises in the process of economic reform, as well as the financial efficiency of their activities); abstract-logical method (for structuring the factors and effects of the formation of economic efficiency of agricultural enterprises). Research results. The organizational and structural aspects of the formation of economic efficiency of agricultural enterprises as a representation of their system, as well as individual businesses are substantiated and disclosed. Scientific novelty. Based on the systematization of empirical data on the development of agricultural enterprises, it was identified modern features of the formation of economic efficiency, its organizational and structural aspects with estimates of the enterprises size and their regional specifics of efficiency. Practical significance. The obtained results have an applied, methodological orientation and provide an opportunity to justify management decisions in the development of agricultural enterprises depending on the size and taking into account the organizational form. Tabl.: 4. Refs.: 18.

scholarly journals LEGAL CHARACTERISTIC OF THE FRANCHISE AGREEMENT IN GERMANY

2019 ◽  
Vol 5 (1) ◽  
pp. 96
Author(s):  
Tsahik Kolinko ◽  
Krystyna Rezvorovych ◽  
Maryna Yunina
Keyword(s):  
Scientific Paper ◽  
Structural Method ◽  
Scientific Methods ◽  
Legal Method ◽  
Legal Nature ◽  
Analysis And Synthesis ◽  
German Legislation ◽  
General Scientific ◽  
Definition Of ◽  
Practical Implications

The purpose of the article is to study the legal nature of the franchise agreement in Germany. The research subject is the franchise agreement in Germany. The methodology of research. The study is based on the use of general scientific and special scientific methods and techniques of scientific cognition. The dialectical method allowed studying the definition of franchising agreement in Germany and its essentials. The comparative legal method was applied in order to compare doctrinal approaches to this issue. Interpretation of the content of laws and regulations of German legislation covering issues related to the conclusion of the franchising agreement in this country was carried out by means of the normative-dogmatic method. The system-structural method was used to study franchising agreement in Germany as a unitary whole (system) with coordinated functioning of all its elements. Methods of grouping and classification formed the basis for singling out a list of requirements needed to conclude franchising agreement in Germany, as well as provision to be included in this agreement. Methods of analysis and synthesis helped to investigate separate parts of such an agreement in order to formulate further conclusions. Practical implications. The positive experience of Germany in the regulation of issues related to the conclusion of the franchising agreement can be used for introducing corresponding changes in the legislation of Ukraine. Value/ originality. This scientific paper is the first study in Ukraine devoted not to general issues of regulation of franchising activity in Europe but specifically to franchising agreement in a separate country (in Germany).

scholarly journals INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON THE STRUCTURAL CHANGES OF NATIONAL ECONOMY: AN EXAMPLE OF UKRAINE

2021 ◽  
Vol 19 (02) ◽  
pp. 244-271
Author(s):  
Uliana Nikonenko ◽  
Olena Khalina ◽  
Yanina Kazyuk ◽  
Viktor Paliukh ◽  
Serhiy Shevchenko
Keyword(s):  
Economic Policy ◽  
National Economy ◽  
Structural Changes ◽  
Raw Materials ◽  
Policy Research ◽  
Mathematical Methods ◽  
Export Sector ◽  
Current State ◽  
The Future ◽  
Key Indicators

Purpose – the purpose of our article is to study structural changes in the national economy using a portfolio model of sectors with different returns and, on this basis, processing the methodology for identifying the current state and instrumental factors of economic policy. Research methodology – the methodology of empirical research includes methods of grouping, abstraction, comparison, systems analysis, synthesis and generalization, graphical methods and regression analysis. To analyze the nature of the relationship between the index of structural changes and the dynamics of GDP, which determines the comparative profitability of the resource and non-resource sectors and the current position of the current structure relative to the equilibrium value, we used error-corrected models (ECMs). Findings – using regression models with error correction, a favourable long- and short-term relationship between structural changes in favour of non-resource exports and Ukraine’s GDP has been empirically confirmed. Using the index of structural changes, considering the ratio of raw materials and non-raw materials exports, the necessity of applying administrative measures is substantiated. Research limitations – the study concerned mainly the national economy of Ukraine, but in the future, attention should be paid to the application of the results of our study in other countries of Eastern Europe. In the future, the results obtained can be adapted for other countries of the world. The research was based on the use of specific mathematical methods, and not all mathematical possibilities were used. Practical implications – the model can be used in the practical activities of state economic structures In the future, it is possible to change key indicators and further expand the field of use of the model. Originality/Value – the novelty of the study lies in the development of a methodology for identifying the current state and instrumental factors of economic policy that can speed up economic growth based on favourable structural shifts (in favour of the non-resource export sector).

Modernizing the lending facility under concession agreements

2020 ◽  
Vol 26 (7) ◽  
pp. 1590-1609
Author(s):  
V.A. Rakhaev
Keyword(s):  
Financial Structure ◽  
Bank Lending ◽  
Early Termination ◽  
Scientific Methods ◽  
Financial Condition ◽  
Revenue Collection ◽  
Analysis And Synthesis ◽  
Financing Mechanism ◽  
General Scientific ◽  
The Russian Federation

Subject. The article addresses modernization of lending facilities under concession agreements. It is important for evaluating the terms of credit transactions, effectiveness of credit projects, and the concessionaire's ability to repay the loan. Objectives. The purpose is to review the current financing mechanism and underpin approaches to improving the credit facilities within concession agreements. Methods. The study rests on general scientific methods, like the systems and logical analysis and synthesis, principles of induction and deduction, financial calculation techniques. The analytical part employs the balance method, methods of financial coefficients and the method of technical and economic estimates. Results. I analyzed the financial structure and special characteristics of concession agreements, parameters of concessionaires’ activities; considered the types of risks inherent in bank lending under concession agreements, methods for their identification and mitigation; offered a mechanism of lending, including the structure of credit transactions, restrictions for the financial condition of concessionaires, additional requirements and penalties for their non-fulfillment. The findings can help banks define lending parameters for concession agreements. The provided recommendations may be useful for consideration by the authorities of the constituent entities of the Russian Federation. Conclusions. It is possible to reduce the risks of lending under concession contracts, if their terms and conditions are stable, and if the lost income of concessionaires is compensated in the event of early termination. Reasonable tariffs for works and services and increased revenue collection will promote this type of lending.

Strategic threats to energy security as risks of quality of people's life

2020 ◽  
Vol 16 (4) ◽  
pp. 730-744
Author(s):  
V.I. Loktionov
Keyword(s):  
Quality Of Life ◽  
Energy Security ◽  
Well Being ◽  
Scientific Methods ◽  
Analysis And Synthesis ◽  
General Scientific ◽  
And Performance ◽  
Economic Well Being ◽  
The Way

Subject. The article reviews the way strategic threats to energy security influence the quality of people's life. Objectives. The study unfolds the theory of analyzing strategic threats to energy security by covering the matter of quality of people's life. Methods. To analyze the way strategic threats to energy security spread across cross-sectoral commodity and production chains and influences quality of people's living, I applied the factor analysis and general scientific methods of analysis and synthesis. Results. I suggest interpreting strategic threats to energy security as risks of people's quality of life due to a reduction in the volume of energy supply. I identified mechanisms reflecting how the fuel and energy complex and its development influence the quality of people's life. The article sets out the method to assess such quality-of-life risks arising from strategic threats to energy security. Conclusions and Relevance. In the current geopolitical situation, strategic threats to energy security cause long-standing adverse consequences for the quality of people's life. If strategic threats to energy security are further construed as risk of quality of people's life, this will facilitate the preparation and performance of a more effective governmental policy on energy, which will subsequently raise the economic well-being of people.

European experience in transition to circular economy

2020 ◽  
Vol 19 (4) ◽  
pp. 598-617 ◽  
Author(s):  
S.V. Ratner
Keyword(s):  
European Union ◽  
Circular Economy ◽  
Raw Materials ◽  
Action Plan ◽  
National Level ◽  
The European Union ◽  
Scientific Methods ◽  
European Experience ◽  
General Scientific ◽  
The Eu

Subject. The article considers the concept of circular economy, which has originated relatively recently in the academic literature, and is now increasingly recognized in many countries at the national level. In the European Union, the transition to circular economy is viewed as an opportunity to improve competitiveness of the European Union, protect businesses from resource shortages and fluctuating prices for raw materials and supplies, and a way to increase employment and innovation. Objectives. The aim of the study is to analyze the incentives developed by the European Commission for moving to circular economy, and to assess their effectiveness on the basis of statistical analysis. Methods. I employ general scientific methods of research. Results. The analysis of the EU Action Plan for the Circular Economy enabled to conclude that the results of the recent research in circular economy barriers, eco-innovation, technology and infrastructure were successfully integrated into the framework of this document. Understanding the root causes holding back the circular economy development and the balanced combination of economic and administrative incentives strengthened the Action Plan, and it contributed to the circular economy development in the EU. Conclusions. The measures to stimulate the development of the circular economy proposed in the European Action Plan can be viewed as a prototype for designing similar strategies in other countries, including Russia. Meanwhile, a more detailed analysis of barriers to the circular economy at the level of individual countries and regions is needed.

Ukraine’s foreign trade in meat and meat products: trends and geographical aspects

2020 ◽  
pp. 48-52
Author(s):  
Olena Lyakhovska
Keyword(s):  
Small Businesses ◽  
Structural Changes ◽  
Raw Materials ◽  
Meat Products ◽  
World Market ◽  
Poultry Meat ◽  
Positive Development ◽  
Meat Production ◽  
Meat Industry ◽  
Geographical Structure

Current trends in meat and meat products exports are considered. The dynamics and structural changes in meat exports by types and degree of processing (beef and veal, pork, poultry, finished meat products) are analyzed. The paper proves that in recent years, only meat and edible poultry by-products have taken a competitive position in the world market. Accordingly, the dynamics of exports of this type of meat is positive, and the share of these products in the structure of exported meat is the largest (86.09%). Possible threats to the growth of import dependence on certain types of meat products, in particular, chilled and frozen beef and veal, pork, are indicated. The rating of the largest countries-importers of meat and meat products (by types) from Ukraine is built, their share in the structure of meat exports is determined. Changes in the geographical structure of exports have been studied, which indicate a low level of diversification of the geography of exports of certain types of meat (pork, beef). At the same time, a positive development of the geographical structure of poultry meat exports (exported to more than 100 countries) was revealed. Problems of the export potential development in the meat industry of Ukraine are revealed. In particular, the problems of livestock development (outdated technologies and production techniques that reduce the efficiency and productivity; inefficiency of the organization of purchase and processing of meat, which leads to reduced breeding in small businesses and households; inefficiency of state incentives, etc.) and industrial meat production (lack of raw materials, obsolescence of fixed assets and production technologies, poorly developed logistics, etc.). The solution of these problems requires: a systematic approach, which will encourage the cooperation of agricultural and industrial production, cooperation with importers of meat products and protection of domestic producers in the domestic and international markets, creating a favorable investment and information environment that will promote the meat industry development.

scholarly journals Impact of Economic Freedom on Corruption Revisited in ASEAN Countries: A Bayesian Hierarchical Mixed-Effects Analysis

Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 3
Author(s):  
Nguyen Ngoc Thach ◽  
Bui Hoang Ngoc
Keyword(s):  
Economic Freedom ◽  
Positive Impact ◽  
Mixed Effects ◽  
Random Coefficients ◽  
Bayesian Hierarchical ◽  
Country Level ◽  
Corruption Index ◽  
Negative Effect ◽  
Economic Freedom Index ◽  
Asean Countries

Conceptual and applied studies assessing the linkage between economic freedom and corruption expect that economic freedom boosts economic growth, improves income, and reduces levels of corruption. However, most of them have concentrated on developed and developing groups, while Association of Southeast Asian Nations (ASEAN) countries have drawn much less attention. Empirical findings are most often conflicting. Moreover, previous studies performed rather simple frequentist techniques regressing one or some freedom indices on corruption that do not allow for grasping all the aspects of economic freedom as well as capturing variations across countries. The study aims to investigate the effects of ten components of economic freedom index on the level of corruption in ten ASEAN countries from 1999 to 2018. By applying a Bayesian hierarchical mixed-effects regression via a Monte Carlo technique combined with the Gibbs sampler, the obtained results suggest several findings as follows: (i) In view of probability, the predictors property rights, government integrity, tax burden, business freedom, labor freedom, and investment freedom have a strongly positive impact on the response perceived corruption index; (ii) Government spending, trade freedom, and financial freedom exert a strongly negative effect, while the influence of monetary freedom is ambiguous; (iii) There is an existence of not only random intercepts but also random coefficients at the country level impacting the model outcome. The empirical outcome could be of major importance for more efficient corruption controlling in emerging countries, including ASEAN nations.

scholarly journals Alkali-Hydrothermal Treatment of K-Rich Igneous Rocks for Their Direct Use as Potassic Fertilizers

Minerals ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 140
Author(s):  
Aaron Mbissik ◽  
Abdellatif Elghali ◽  
Muhammad Ouabid ◽  
Otmane Raji ◽  
Jean-Louis Bodinier ◽  
...  
Keyword(s):  
Hydrothermal Treatment ◽  
Inductively Coupled Plasma ◽  
Structural Changes ◽  
Raw Materials ◽  
Hydrothermal Process ◽  
Atomic Emission ◽  
Igneous Rocks ◽  
Gravimetric Analysis ◽  
African Countries ◽  
Naoh Solution

Due to the increasing demand for conventional sources of potassium (K) and their inaccessibility by African countries, K-rich igneous rocks are increasingly studied as potential alternative sources. In this study, six potassic igneous rocks (syenites and trachytes) from the Tamazeght, Jbel Boho, Ait Saoun, and El Glo’a regions (Morocco) were sampled and characterized. Then they were hydrothermally treated to enhance their K release for potential use as potassic fertilizers. The raw materials are mainly formed by microcline (up to 74%), orthoclase (20–68%), albite (36–57%), biotite-muscovite (15–23%), and titanite, calcite, hematite, and apatite as accessory minerals. These samples were crushed and milled to reach a particle size <150 µm and mixed with 4 N NaOH solution in an autoclave. The liquid/solid (L/S) ratio was about 44 mL/50 g. The powders were allowed to react with the solution at 170 °C for 7 h. For all tests, NaOH reacted completely with the powders and no liquid was observed after the treatment. X-ray diffraction (XRD), thermal gravimetric analysis (TGA), infrared spectroscopy (IRTF), and scanning electron microscopy (SEM-EDS) were carried out on treated samples to characterize the mineralogical and structural changes due to the alkali-hydrothermal treatment. Indeed, the treated samples revealed the presence of sodic neoformed phases such as thermonatrite, sodalite, analcime, and cancrinite. The treated material was leached for a week using deionized water and the elements released were measured using inductively coupled plasma–atomic emission spectroscopy (ICP-AES). The hydrothermal process showed a strong effect on structure breakdown as well as on the release of K and other nutrients such as P, Fe, Si, Mg, and Ca. Therefore, the alkali-hydrothermal treatment allowed the release of 50.5 wt% K. Moreover, the release of Mg, Ca, Fe, P, K, and Si were significantly increased. Mg, Ca, Fe, P, K, and Si release within raw materials was about (0.5–3.6), (3.5–31.4), (0.01–0.4), (0.01–0.3), (20–55), and (4.6–8) mg/kg, respectively, whereas treated samples showed a higher release of these elements. Quantitatively, Mg, Ca, Fe, P, K, and Si releases were about (10–11.8), (60–70), (7–20), (1.2–15), (218–1278), and (1119–2759) mg/kg, respectively. Consequently, the treated igneous rocks (syenite and trachyte) could be directly used as potassic fertilizers that would also be a source of other nutrients.

scholarly journals Who are the champions? Inequality, economic freedom and the Olympics

2020 ◽  
pp. 1-17
Author(s):  
Vadim Kufenko ◽  
Vincent Geloso
Keyword(s):  
Income Distribution ◽  
Economic Freedom ◽  
Economic Outcomes ◽  
Institutional Factors ◽  
Distribution Potential

Abstract Does inequality affect outcomes? To answer, we use the microcosm of Olympic competitions by asking whether a country's level of inequality diminishes its performance. If it does, is it conditional on institutional factors? We argue that the ability of economically free societies to win medals will not be affected by inequality. In these societies, institutions generate incentives to invest in the talents of individuals at the bottom of the income distribution (potential athletes otherwise constrained in the ability to expend resources on training). These effects mitigate those of inequality. The incentives that promote investments in skills across the income distribution are weaker in unfree societies and they cannot mitigate the effects of inequality. Using the Olympics of 2016 in combination with the Economic Freedom data, we find that inequality only matters in determining medal numbers for unfree countries. We link these results to inequality and its effects on economic outcomes.

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