scholarly journals THE FUTURE DEVELOPMENT OF THE SERVICE SECTOR AND IT’S IMPACT ON THE BANKING INDUSTRY. THE CASE OF MACEDONIA

2014 ◽  
Vol 7 (1) ◽  
Author(s):  
Evica Delova-Jolevska ◽  
Ilija Andovski
Keyword(s):  
Future Development ◽  
Economic Activity ◽  
Service Sector ◽  
Banking Industry ◽  
Developed Countries ◽  
Retail Trade ◽  
High Exposure ◽  
Service Portfolio ◽  
Credit Portfolio ◽  
Further Development

Abstract: The aim of this paper is to elaborate the importance of service sector and how its  future development  will affect the banking industry in the Republic of Macedonia. We live in a service society, where services sector represents more than two-thirds of economic activity and four-fifths of growth in recent years in OECD countries. This trend is evident in Macedonia also, where the service sector represents around 60% from the economic activity. Stil, because of the positive correlation with the economic development, further development will result with growth of the service sector. Further liberalization, removing product market barriers still limiting competition in various sub-sectors, allowing more FDI are factors that are indicated by experts that can contribute for further development of the service sector.Regarding banking industry in  Macedonia, service sector has the biggest share in the credit portfolio. Especialy this is due of the high exposure towards trade.Comparative analysis with developed countries shows that the share of exposure towards service sector is greather in Macedonia. This is mainly due of the lower risk of this credit portfolio, whose average riskiness is below the industry sector and agriculture.Also, in deficiency of strong industrial sector who can export its goods, Macedonian banks are turned towards wholesale and retail trade sectors. So it is expected with growth of GDP per capita in future banks to increase the loan portfolio of industry and in the same time to decrease the share of trade sector portfolio in total service portfolio.

scholarly journals Development of the service sector in Poland compared to other European Union countries: an extended analysis

2020 ◽  
Vol 185 (9-10) ◽  
pp. 15-26
Author(s):  
Agata Szczukocka ◽  
Keyword(s):  
European Union ◽  
Economic Development ◽  
Service Sector ◽  
Value Added ◽  
Developed Countries ◽  
Retail Trade ◽  
Services Sector ◽  
Gross Value Added ◽  
European Union Countries ◽  
The Creation

Introduction. In the recent years, many changes in the economic transformations that can be treated as evidences of the country’s economic development were observed in the European Union member states. The service sector also experienced many changes. The nature of services is constantly changing, new types of services keep appearing, but at the same time many of them suffer from lack of demand and disappear. The role of services is more and more significant in the socio-economic development as well as in individuals’ lives, hence, this is a relevant issue and should be studied extensively. The purpose of the paper is to discuss the transformations taking place in the services sector in Poland against other European Union countries and to analyze internal changes within the sector. Methods. Taken in this paper attempt to assess the development of the services sector is based on the analysis of the economic indicators, mainly the gross value added and employment rates. The study presents the results of the research on the development of the service sector in years 2009-2019. The directions and scope of changes taking place in particular services sector sections were analyzed. The results of the conducted research show that the determinant of the level of the service sector development is not only its high share in the three-sector structures, but also internal changes observed in the sector itself. The individual sections contribution to the creation of the gross value added and the level of employment vary greatly. The dominant activity among service entities in terms of value added is commercial activity. Moreover, the analysis of the service sector identifies which sections have the greatest impact on the service sector development. These sections include: wholesale and retail trade, transport and warehouse management, as well as professional, scientific and technical activities. Conclusion. Based on the research, it was found that the share of the service sector in the structures of economies of highly developed countries is prevailing. It is indicated by the increase in employment in this sector, the growing share in the creation of gross value added, as well as the number of service enterprises. The service sector stimulates the development of the economy, and its condition proves the dynamics of social and economic development.

Vitamin D Deficiency in Patients with Acute Myocardial Infarction: An Italian Single-Center Study

2015 ◽  
Vol 85 (1-2) ◽  
pp. 23-30 ◽  
Author(s):  
Aneta Aleksova ◽  
Rita Belfiore ◽  
Cosimo Carriere ◽  
Salam Kassem ◽  
Salvatore La Carrubba ◽  
...  
Keyword(s):  
Myocardial Infarction ◽  
Acute Myocardial Infarction ◽  
Vitamin D ◽  
Vitamin D Deficiency ◽  
Primary Source ◽  
Sun Exposure ◽  
Female Gender ◽  
Developed Countries ◽  
Vitamin D Status ◽  
High Exposure

Abstract. Background: Hypovitaminosis D is a vitamin deficiency that has been increasing in developed countries; it was also suggested as an emerging risk factor for developing of atherosclerosis and acute myocardial infarction. The primary source of vitamin D is its cutaneous synthesis under exposure to sunlight. It has been suggested that 30 min of sun exposure twice weekly leads to sufficient vitamin D synthesis. The residents of Trieste (Italy) are well-known for their high exposure to sunlight in all seasons. We aimed to investigate the vitamin D status in subjects with acute myocardial infarction living in this area. Methods: Vitamin D status was identified in 478 subjects diagnosed with acute myocardial infarction. Results: The median serum 25-hydroxyvitamin D concentration was 14.5 [7.8 - 22.7] ng/mL. Vitamin D deficiency and insufficiency were present in 324 (68 %) and 107 (22 %) subjects, respectively. Vitamin D deficiency was less frequent among subjects enrolled in the period from July to the end of September (p < 0.001). In a multivariate analysis vitamin D deficiency was predicted by older age (p = 0.02), female gender (p = 0.002), higher body mass index (p = 0.05), autumn/winter sampling (p < 0.001), increased parathyroid hormone (p = 0.03) and alkaline phosphatase (p = 0.003). Conclusions: We observed very high prevalence of vitamin D deficiency among subjects with myocardial infarction in all seasons of enrollment. However, it was lower in the summer when sun exposure is higher. The exposure to sunlight may be a cost-saving therapeutic strategy for the management of vitamin D deficiency.

MARKET POSSIBILITIES FOR THE DEVELOPMENT OF AGROTOURISM IN ISTRIA

1999 ◽  
Vol 5 (1-2) ◽  
pp. 23-38
Author(s):  
Desimir Bošković
Keyword(s):  
Developed Countries ◽  
Basic Question ◽  
Legal Regulations ◽  
Mass Tourism ◽  
The Past ◽  
Marketing Activities ◽  
Market Trends ◽  
The Developed Countries ◽  
Further Development

The basic question for further development of our tourism is a how, what with and when to restructure the mass tourist supply and make it flexible to market trends and demands. In the developed countries, the transformation of mass tourism to various selective forms and kinds of tourism is under way and very successful. The development of agritourism, which this paper is about, could significantly alleviate the past discrepancies in tourist supply and change the structure of the whole supply. On basic of the research done, the authors claim that some basic conditions for the development of agritourism in Istria have been fulfilled. So ther suggests its concept of development, financial funds needed, ways of financing, stimulative and other measures, legal regulations needed, organization of marketing activities, effects of the development etc.

scholarly journals COMPETITIVENESS OF BUSINESS STRUCTURES IN THE INNOVATION ENVIRONMENT AND DEFINITION OF THE CONCEPT OF «INNOVATION FORESIGHT» SYSTEMATIC APPROACH

THE BULLETIN ◽  
2021 ◽  
Vol 2 (390) ◽  
pp. 125-132
Author(s):  
A. B. Mukhamedkhanova ◽  
A. S. Tulemetova ◽  
G.M. Zhurynov
Keyword(s):  
Developed Countries ◽  
Competitive Advantages ◽  
Economic Relations ◽  
Stable Conditions ◽  
Business Structures ◽  
Definition Of ◽  
Production Labor ◽  
Implementation Of Innovations ◽  
Further Development ◽  
Educational Component

The problems of ensuring effective management and forming competitiveness of industrial enter-prises are relevant regardless of the conditions for conducting business activities. The fact is that the competitiveness of business structures in modern conditions is not ensured by simply owning factors of production (labor, capital, land), and even entrepreneurial talent is not currently a source of obtaining stable or exclusive competitive advantages. In order to obtain sustainable or exclusive competitive advantages that constitute strategic competitiveness, the business structure needs to have an intellectual (educational) component of development, including the production and implementation of innovations, as well as readiness for changes. Subject of research. On the basis of innovative foresight, ensuring the competitiveness of business structures of the production industry is a set of organizational, managerial and economic relations that arise in the process of formation. Purpose and objectives of the study. Development of proposals to improve the competitiveness of business structures based on innovative foresight. A number of theoretical, methodological and practical issues related to the formation and implementation of a strategy for managing the innovative development of entrepreneurial structures based on innovative foresight remain insufficiently studied and require further development of rules for its creation and functioning. At the same time, despite a detailed description of the problems of strategic management of innovative deve-lopment of business structures, the research of foreign scientists was carried out in relation to the relatively stable conditions of the economy of developed countries, the practical application of the mechanisms proposed by them in the conditions of the Kazakh economy requires mandatory revision, taking into account the specifics of the modern economy and industry.

scholarly journals SUBMISSION OF ADMINISTRATIVE DECISIONS OF USING RECREATION AND TOURIST TERRITORY AND DEVELOPMENT OF ALTERNATIVE ACTIVITY TYPES

2018 ◽  
Vol 20 (3(68)) ◽  
pp. 107-114
Author(s):  
К.O. KOSTETSKA
Keyword(s):  
Natural Resources ◽  
Economic Activity ◽  
Economic Effect ◽  
Developed Countries ◽  
The State ◽  
Environmental Damage ◽  
Main Task ◽  
Control Functions ◽  
Business Entities ◽  
Recreational Resources

Topicality. All relationships in the field of nature use begin with the legislative framework on the protection of nature and its individual components, which defines the functions of the state regulating environmental activities, as well as defined rights and responsibilities of environmental users. In most developed countries, it is a law on nature conservation or environmental acts that establishes the general principles and objectives of a policy designed to ensure the conceptual uniformity and integrity of all legislative practice in the use, protection and restoration of natural resources. System and methods of administrative management in using natural resources are based on: system of legislative acts of the country and the region; a system of normative-directive and methodological (obligatory to use) documents of state bodies; system of plans, programs, projects, tasks; operational management system. Aim and tasks. The purpose of the article is to justify institutional reforms in order to ensure the implementation of environmental legislation, the division of powers of environmental authorities at the national, regional and municipal levels on the procedure for decision-making and its implementation. Research results. The lack of coordination control functions using natural resources, namely the lack of a horizontal connection between the supervisory authorities, leads to the fact that many bodies control the same natural resource. First of all, the uncontrolled tourism activity with the use of recreational resources is observed. Thus, the main task of the state administration should be to assess the quantitative and qualitative equivalents of existing and potential natural resources and determine the strategic directions of their management, their use and protection by business entities and households. In this case, it is necessary to determine with which mechanisms to achieve the optimal use of recreational and tourist resources while minimizing environmental damage, minimizing costs and maximizing the social, economic and environmental effects of their use.Conclusions. Taking into account the economic effect that the country can have, it is expedient to take into account not only the economic potential of the recreational and tourist territory, but also the development of alternative activities on it. Control the enterprises located in this territory and conduct their economic activity with the use or extraction and subsequent resale of the recreational resource. Principal is the redistribution of taxes from economic activity to the restoration of recreational resources at the urban level. It is necessary to provide methodological explanations regarding tax provisions and benefits to enterprises involved in this process, taking into account the status of the territory in which the recreation process has arisen, taking into account the medical characteristics of the territory and the extraction of natural resources in this territory.

scholarly journals МОДЕЛЮВАННЯ СТРУКТУРНОЇ ТРАНСФОРМАЦІЇ ЕКОНОМІКИ КРАЇНИ В УМОВАХ ГЛОБАЛІЗАЦІЙНИХ ВИКЛИКІВ

2019 ◽  
Vol 83 (2) ◽  
pp. 117-129
Author(s):  
USIK I.,
Keyword(s):  
Structural Transformation ◽  
State Policy ◽  
Economic Activity ◽  
Service Sector ◽  
Econometric Models ◽  
Fixed Assets ◽  
Policy Measures ◽  
Investment In Fixed Assets ◽  
Production Industry

У статті розкрито основи моделювання структурноїтрансформації економіки країни в умовах глобалізаційних викликів.Побудована система економетричних моделей розвитку економікикраїни за такими видами економічної діяльності: промисловість, сільськегосподарство, будівництво, транспорт та зв'язок та сфера послуг.Формування системи економетричних моделей за кожним видомекономічної діяльності здійснювалося на основі даних за 2001−2018 рр. затакими параметрами: доходи бюджету країни; інвестиції в основнийкапітал; обсяг основних фондів в галузі виробництва; чисельністьзайнятих; випуск товарів та послуг за галуззю виробництва. На основісистеми економетричних моделей розвитку економіки країни здійсненопрогнозування структури економіки на 2019−2022 рр., проведена оцінкаструктурної трансформації та виявлено, що в економіці України з2010 р. намітилася тенденція до збільшення частки валового випуску всфері послуг. Прогнозна структура економіки країни дозволяє розробитизаходи державної політики щодо стабілізації економіки від наслідківможливої структурної трансформації. The article describes the basics of modeling of the structuraltransformation of the country's economy in the context of globalizationchallenges. A system of econometric models of the country's economydevelopment based on the following types of economic activity: industry,agriculture, construction, transport, communications and services. Theformation of a system of econometric models for each type of economic activitywas carried out on the basis of data for 2001−2018 according to the followingparameters: budget revenues of the country; investment in fixed assets; thevolume of fixed assets in the field of production; number to take; production ofgoods and services for the production industry. On the basis of the system ofeconometric models of the country's economy development, the forecasting ofthe structure of the economy for 2019−2022 was carried out, an assessment ofthe structural transformation was carried out, and it was found that in theUkrainian economy since 2010 there was a tendency to increase the share ofgross output in the service sector. The predicted structure of the country'seconomy allows developing state policy measures to stabilize the economyfrom the effects of a possible structural transformation.

scholarly journals Research of the activities of the enterprises of the perfume and cosmetic industry of Ukraine

2021 ◽  
pp. 44-55
Author(s):  
Iryna Kazakova ◽  
Viacheslav Lebedynets ◽  
Svitlana Kovalenko ◽  
Viktoriya Kazakova
Keyword(s):  
Economic Activity ◽  
Cosmetic Products ◽  
Economic Activities ◽  
Research Production ◽  
Urgent Task ◽  
Cosmetic Industry ◽  
Business Entities ◽  
Individual Success ◽  
Further Development

The perfumery and cosmetic industry of Ukraine is distinguished by its dynamic development and makes a significant contribution to the country's economy. Several types of economic activities are involved in its functioning, including the development, research, production and sale of perfumery and cosmetic products, as well as the provision of cosmetic services to the population. The economic activity of each sector in the chain of creation, production and sale of cosmetic products / services determines both their individual success and the efficiency of the entire system as a whole. In this regard, the systematization and analysis of the indicators of economic activity of enterprises of each type of activity of the national cosmetic industry is an urgent task, the solution of which will reasonably determine the prospects for both the further development of this industry and the export potential of the Ukrainian economy as a whole. The aim of this work was to conduct a comprehensive study of the dynamics of the main indicators of Ukrainian enterprises of perfumery, cosmetic and related industries economic activity for the period 2010–2019 and determination of their development trends. The available data of the State Statistics Service of Ukraine, the Patent Office of Ukraine, as well as a database of scientific and professional publications publications were used as materials and methods. Retrospective, logical, research methods, as well as the method of content analysis were used. The results of a comparative analysis of the main indicators of the economic activity of business entities in the studied industry made it possible to establish trends in the development of this sector of the economy and substantiate the patterns observed at the present stage. Conclusions. The results of the study indicate that the production potential of the perfumery and cosmetic industry in Ukraine is promising, as well as significant opportunities for further development of the trade in these products and the provision of cosmetic services to the population.

scholarly journals Service sector (services) key features of Russia and Azerbaijan

2019 ◽  
Vol 27 (1) ◽  
pp. 18-34
Author(s):  
Mikhail E. Savlov
Keyword(s):  
Service Sector ◽  
Value Added ◽  
Developed Countries ◽  
Structural Features ◽  
Heterogeneous Structure ◽  
General Description ◽  
Material Production ◽  
Brics Countries ◽  
Macroeconomic Indicators ◽  
Per Capita

The presented article gives a general description of the sphere of non-material production of Russia and Azerbaijan, which is based on the key macroeconomic indicators. The internal heterogeneous structure of the sector is also illustrated, structural features of the service sector and its individual segments in both countries are revealed. The objectivity and adequacy of the sphere characteristics of non-material production of Russia and Azerbaijan is based on intercountry comparisons. Macroeconomic indicators of main developed countries (the USA, Japan, Germany, France, the United Kingdom), the BRICS countries and the former Soviet republics serve as a background for the illustration of the service sectors of Russia and Azerbaijan. It is too early to refer Russia and Azerbaijan to post-industrial countries, even considering only one economic parameter - the structure of the economy. Considering the gross value added (GVA) of the service sector per capita in current prices and the GVA of the service sector per capita in constant 2010 prices, Russia and Azerbaijan lag behind the leading economies of the world, some BRICS countries and even some former republics of USSR. In this regard, the study of the sphere of intangible production is not so popular in Russia and Azerbaijan, as the economic background for the actualization of these studies has not been yet created.

CHARACTERISTICS OF ORGANIZING AND MANAGING SALES ACTIVITIES USING THE EXAMPLE OF “OOO LAMZUR”

2020 ◽  
Vol 10 (6) ◽  
pp. 1001-1015
Author(s):  
E.A. Leonenko ◽  
◽  
S.V. Kunev ◽  
N.N. Chindyaykina ◽  
◽  
...  
Keyword(s):  
Economic Activity ◽  
Visual Analysis ◽  
Distribution Channels ◽  
Enterprise Management ◽  
Competitive Advantages ◽  
New Methods ◽  
Confectionery Products ◽  
Marketing Activities ◽  
Further Development

In modern conditions, the further development of the market economy puts each subject of economic activity in very difficult conditions. For the survival and effective functioning of an organization, it is no longer enough to simply produce goods in the maximum possible volume, it is especially important to sell these goods. The significant role of sales activities in the enterprise management requires searching for new methods of improvement, one of which is the revision of existing and the development of new optimal distribution channels under conditions of environmental uncertainty. Currently, distribution channels for final products are a complex multi-structure system with active elements, operating in a dynamically developing market environment. Studies by economists show that the complexity (complexity) of this system is based not on the number of elements, but on the nature of the network structure (the complexity of the structure of the system and the interactions of its components). This article presents a visual analysis of the sales activities of one of the largest Russian confectionery manufacturers - “OOO Lamzur”. For this kind of enterprises, the organization of sales activities is very important in ensuring economic efficiency and achieving high competitive advantages. In the marketing activities of the investigated enterprise, a number of problem areas are identified that impede its development. In the process of analyzing sales activities, a number of shortcomings were noted, the key of which is the loss by the enterprise of such sales functions as establishing feedback with consumers. In the course of the study, the effectiveness of the marketing activities of “OOO Lamzur” was assessed based on the analysis of the dynamics of sales of confectionery products, as well as by interviewing customers.

VLADAVINA PRAVA I USLUGE

2021 ◽  
Author(s):  
Dragan Vujisic ◽  
Keyword(s):  
Civil Rights ◽  
Rule Of Law ◽  
Service Sector ◽  
Health Department ◽  
Developed Countries ◽  
Economic Activities ◽  
The Rule Of Law ◽  
Positive Law ◽  
Service Activities ◽  
The Republic

In the first part of the paper are analyzed different views of the rule of law: liberaldemocratic, then positivistic view and, finally, defining of the rule of law as the rule of positive-law order of particular properities. In addition to these the three theoretic orientations, one more classification was pointed out - formal and materaialistic aspect of the rule of law. Besides, the principles and institutions of the rule of law were analyzed: legitimacy of power, division of power, independent judiciary, legitimacy expressed in terms of the ideas of constitution and lawfulness, constitutional guarantees of human and civil rights, existence of free economy and economic activities. The subject of the second part of this paper are services. Nowadays, services are the motor of economic growth and include, especially in developed countries of EU, more then 70% of EDP, employees, new economic subjects, and service activities also make up over 70% of all the activities. The service sector includes different, heterogenic services the number of which is getting higher and higher. The service activities are numerous and performed in various sectors such as trading, communications, financing, government administration, health department, social welfare, media, education, tourism, catering, sport and others. We are all witness to the constant growth of service sector in view of continuous broadening of the range of services and the influence upon the economic development of the state. Law regulations of the services in the Republic of Serbia were analized as well as its harmonization with the law regulations at the level of EU and the need for its further upgrading and improvement.

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