Journal articles on the topic 'Export country attractiveness'
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1
Masango, Cleven, and Vannie Naidoo. "An Analysis of Nation Brand Attractiveness: Evidence from Brand Zimbabwe." Journal of Economics and Behavioral Studies 10, no. 6(J) (December 22, 2018): 99–112. http://dx.doi.org/10.22610/jebs.v10i6(j).2598.
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This paper examines the attractiveness of Brand Zimbabwe based on the factors perceived to impact on national competitiveness. Nation brand attractiveness is a necessary condition for a country to achieve influence and to effectively compete for global resources. Countries can enhance their attractiveness by building on their national brand equity and dealing with negatives around the national brands. The research sought to determine the perception towards Zimbabwe’s global risk and competitiveness; to ascertain the variables that promote competitiveness for Brand Zimbabwe and to contribute to the literature on risk perception and its impact on behaviour towards nation brands. The study followed a mixed approach; a combination of interpretivism and positivism. The research drew 372 respondents from politicians, scholars, the media, civic organisations, government officials, church and international organisations. The research established that Brand Zimbabwe faces glaring threats risks that impact on the country’s international image. The brand is affected by politics and governance together with socio-economic factors. Management and control of nation brand perception are critical for nations to distinguish themselves and to create vantage positions for sustainable performance. The way a country is viewed internationally is a function of how the country deals with factors that threaten its global competitiveness and perception towards the nation brand. Zimbabwe’s quest for foreign direct investment, international visitation and export revenue requires that the country deals with its nation brand image.
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Gudkov, Aleksandr, and Elena Dedkova. "Development and financial support of tourism exports in the digital economy." Journal of Digital Science, no. 1 (May 28, 2020): 54–66. http://dx.doi.org/10.33847/2686-8296.2.1_5.
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Tourism is not only big business but also tourism should be seen and protected as perhaps one of the world’s premier export products. In this connection, consideration is given to the possibilities of developing the tourism industry as the most important direction of non-primary exports in the medium term in digital age, capable not only of bringing significant revenues to the budgets of various levels, developing domestic tourist infrastructure, but also characterized by inexhaustible resources and forming a favorable image of the country on world markets. The purpose of this article is to consider the problems of preservation and financial support of the travel, tourism and hospitality industry from the standpoint of increasing its export potential in digital age and ensuring a high level of attractiveness of tourist destinations.
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Masango, Cleven, and Vannie Naidoo. "An Analysis of Nation Brand Attractiveness: Evidence from Brand Zimbabwe." Journal of Economics and Behavioral Studies 10, no. 6 (December 22, 2018): 99. http://dx.doi.org/10.22610/jebs.v10i6.2598.
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This paper examines the attractiveness of Brand Zimbabwe based on the factors perceived to impact on national competitiveness. Nation brand attractiveness is a necessary condition for a country to achieve influence and to effectively compete for global resources. Countries can enhance their attractiveness by building on their national brand equity and dealing with negatives around the national brands. The research sought to determine the perception towards Zimbabwe’s global risk and competitiveness; to ascertain the variables that promote competitiveness for Brand Zimbabwe and to contribute to the literature on risk perception and its impact on behaviour towards nation brands. The study followed a mixed approach; a combination of interpretivism and positivism. The research drew 372 respondents from politicians, scholars, the media, civic organisations, government officials, church and international organisations. The research established that Brand Zimbabwe faces glaring threats risks that impact on the country’s international image. The brand is affected by politics and governance together with socio-economic factors. Management and control of nation brand perception are critical for nations to distinguish themselves and to create vantage positions for sustainable performance. The way a country is viewed internationally is a function of how the country deals with factors that threaten its global competitiveness and perception towards the nation brand. Zimbabwe’s quest for foreign direct investment, international visitation and export revenue requires that the country deals with its nation brand image.
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Hryniewicka, Magdalena. "THE ACTIVITY ANAD FUNCTIONING OF ETERPRISES WITH FOREGIN CAPITAL IN POLAND." Studia z Polityki Publicznej, no. 2 (14) (March 5, 2017): 81–101. http://dx.doi.org/10.33119/kszpp.2017.2.4.
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The article focuses on the issue of companies with foreign capital operating in Poland. For this purpose, it outlines the location of companies with foreign capital throughout the country and the directions of foreign capital origin as well as its distribution, export, import and investments of companies operating with it. It puts forward the attractiveness of conducting business in Poland, as compared to the other countries, and assesses the activity of companies with foreign capital.
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Vergun, A. N. "BRICS countries in international investment processes." MGIMO Review of International Relations, no. 2(29) (April 28, 2013): 127–33. http://dx.doi.org/10.24833/2071-8160-2013-2-29-127-133.
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The article deals with investment activity of BRICS countries as their role in global political and economical processes is growing at a quick rate. The author analyses the main trends of export and import of foreign direct investments, defines geographical and branch directions of investment processes, explores the main forms of inflow and outflow of BRICS investments and highlights investment attractiveness of every country. The author draws special attention to the transnational companies of BRICS countries – the driving force of investment flows.
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Shubin, I. A. "Correlation between economic complexity and economic development in different types of Russian regions." Journal of the New Economic Association 51, no. 3 (2021): 144–61. http://dx.doi.org/10.31737/2221-2264-2021-51-3-7.
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Economic complexity, according to the results of various studies at the country level, can be used as an indicator of economic development: more developed countries usually have a higher level of economic complexity. For Russian regions, the relationship between economic complexity, the level of innovative development and investment attractiveness is also revealed. This paper identifies the correlation between the complexity of export and the level of economic development for Russian regions and their separated more homogeneous groups. The results obtained by the author for regions of Russia contradict the rule identified for countries. For all Russian regions, there is a slight inverse correlation between the complexity of export and the value of per capita GRP. A slight positive correlation was found only for regions with a low export-to-GRP ratio and a high level of economic complexity. Such results are explained by the simple structure of Russian export, because of this the main recipients of export income are regions with a lower level of economic complexity — mainly oil and gas producing regions, as well as capitals that act as intermediaries.
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Papanek, Gustav F. "Pakistan’s Development and Asian Experience (The Iqbal Memorial Lecture)." Pakistan Development Review 35, no. 4I (December 1, 1996): 343–82. http://dx.doi.org/10.30541/v35i4ipp.343-382.
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To summarise the conclusions of this paper: 1. Pakistan not only has to deal with a cash flow problem, it also has to make the difficult structural adjustment of living within its means, after nearly 50 years of failing to do so. 2. Despite large resource inflows and periods of good economic management Pakistan’s per capita growth has been less than half of that in rapidly growing Asian economies. The country has therefore failed to reduce poverty as much as it could have. 3. This performance was the result of inadequate export growth, savings and attractiveness to foreign private investment. Two periods of good economic management show the impressive potential of the economy. 4. The heart of an appropriate economic strategy is to make non-traditional exports more profitable. 5. It is appropriate to emphasise the need for further decontrol and greater reliance on the market. But government has an important role in providing infant industry incentives for exports and compensating for externalities. 6. To maintain political support for reforms government must allocate fairly the pain and gains, and reduce corruption.
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Pyzhikova, N. I., V. L. Bopp, and T. G. Sheremetova. "Development prospects of the oil crops' market and products of their processing in the Krasnoyarsk Krai." E3S Web of Conferences 282 (2021): 02003. http://dx.doi.org/10.1051/e3sconf/202128202003.
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Over the past few years, oil crops cultivation has become investment-attractive in our country. This is due to both the increase in demand for products of their processing in domestic and foreign markets and the sustainable development of the processing and food industry. This article reviews approaches to the formation of the technologies introduction system for growing oil crops in Central Siberia (rape, dodder, mustard), industrial production of oils, food additives and feed products from them using biotechnology techniques, with a view to creating a high-tech competitive export-oriented oil sector of the agro-industrial complex in Krasnoyarsk Krai, which creates added value and increases its investment attractiveness.
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Ponyavina, M. B., S. V. Rastorguev, P. S. Seleznev, A. A. Suchilina, and A. B. Shatilov. "Monitoring the Social Attitudes of Foreign Students." Vysshee Obrazovanie v Rossii = Higher Education in Russia 30, no. 8-9 (September 8, 2021): 80–92. http://dx.doi.org/10.31992/0869-3617-2021-30-8-9-80-92.
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It is necessary to monitor the social attitudes of foreign students in order to involve foreign applicants in a favorable to Russia discourse, applying the concept of “soft power”. Applicants’ social attitudes have a direct impact on the choice of the country of study and on the effectiveness of social, cultural, pedagogical adaptation of foreign students. The socio-cultural characteristics of foreign students were studied using focus groups, expert polls, and narrative interviews. The classification of foreign students according to cultural profiles has been made. Attitudes of students from different cultural profiles were monitored according to the questionnaires developed by the authors. Based on the scaling techniques of E. Bogardus, C. Osgood, L. Thurstone, L. Guttman, R. Likert, an integral index was calculated for each cultural profile. Methods for monitoring the social attitudes of foreign applicants make it possible to identify the specifics and dynamics of the attitudes of cultural profiles. Positive attitudes towards Russia contribute to the export of Russian educational services and attractiveness of the Russian cultural space and the educational system.
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Antevski, Miroslav. "Development potentials of foreign direct investments: Comparative international experiences." Medjunarodni problemi 61, no. 1-2 (2009): 48–73. http://dx.doi.org/10.2298/medjp0902048a.
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In this paper the author analyses the main development potentials of foreign direct investments in different world regions. They are real and evident, but not always exploited. It is found out that the developed financial markets, good governance, developed institutions and the size of country have a great impact on the location choices of foreign investors. In developing countries economic, administrative and legislative reforms, as well as developed infrastructure networks, should improve a country's attractiveness for FDIs. In most countries, FDIs are concentrated in developed regions and sell the greatest share of their production on the local market. One of their parts is export-oriented, but at the same time, they are great importers from developed countries. The extent of spillovers is modest in most cases.
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Ratushnyak, E. S. "On Harmonizing the External Economic Policy among the Countries of the Common Economic Space: Problems and Prospects." MGIMO Review of International Relations, no. 1(34) (February 28, 2014): 72–79. http://dx.doi.org/10.24833/2071-8160-2014-1-34-72-79.
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The article provides the tax systems of the countries of the customs union of Belarus, Kazakhstan and Russia, reveals the differences and identifies the need for harmonization and convergence of the structures and principles of taxation, the general tax reforms and harmonization of fiscal policies of member countries in order to increase the investment attractiveness and competitiveness of the national economies in the process of development and integration. The comparison of the existing tax systems of the three countries revealed differences affecting the implementation and development of the foreign economic activity of companies in terms of the common market, in particular, the main obstacles to doing business are high tax rates as well as different rates of value added tax (further - VAT) regarding indirect taxation, because this tax is the major budget revenue generating tax involved in the pricing and resulted in decreasing in the export potential of the country. One of the major exporters' obstacles of CU, revealed in the paper, is a VAT refund in export transactions, preventing the development of export activity, which reduces the competitiveness of CU on the foreign markets. The harmonization success of fiscal policy depends on the government, and the institution body taking the harmonization, - this paper looks at the necessity of such harmonization among the three countries of customs union, which at present has interstate form while supranational regulation of Eurasian Economic Commission is absent, since it does not have such empowerment. The paper finds the main tax policy directions of harmonization of customs union countries focused on eliminating of the barriers and for easy the implementation of a process for foreign trade enterprises, the development of the participating countries investment attractiveness, the enhancing the products competitiveness, the development of the export activities efficiency on the whole for the formation of the common customs area. In addition, the practicality of the tax ratio and customs legislation is revealed in this paper. It is important in order to fuel the growth of the integration economic performances and equal competitive conditions for participating countries to give consideration to the harmonization of the taxation of the three countries as one of the main directions of development of integration within the framework of the common economic space (further - CES).
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Tsiligiris, Vangelis. "An adapted Porter Diamond Model for the evaluation of transnational education host countries." International Journal of Educational Management 32, no. 2 (March 12, 2018): 210–26. http://dx.doi.org/10.1108/ijem-03-2017-0076.
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Purpose The purpose of this paper is to propose an adapted Porter Diamond Model (PDM) that can be used by transnational education (TNE) countries and institutions as an analytical framework for the strategic evaluation of TNE host countries in terms of attractiveness for exporting higher education. Design/methodology/approach The study uses a literature review to adapt the PDM in the context of TNE host countries. A pilot study of adapted PDM is conducted for China and Malaysia. Available country data are collected via desk study. Findings The pilot application of the adapted PDM revealed no major issues or failings. Only some minor difficulties in the identification of appropriate data which can be resolved with the use of alternative metrics. The results from the analysis of the two countries indicate that China and Malaysia are both suitable TNE host countries for expanding existing and developing new activities. This also indicates that the proposed use of the adapted PDM is suitable to effectively evaluate TNE host countries. Practical implications This adapted model can be used by TNE exporting institutions and countries to access the suitability of prospective TNE host countries for education export. Also, it can be used to evaluate the future risks for existing TNE activities. TNE host countries can use the model to strengthen their attractiveness for education import or to plan of becoming education hubs. Originality/value Considering the scale and the expected growth of TNE, as well as the lack of strategic analysis tools for TNE; the proposed model provides a valuable practical tool to aid strategic planning at institutional and country level.
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Melnik, Alexander, Irina Naoumova, Kirill Ermolaev, and Jerome Katrichis. "Driving Innovation through Energy Efficiency: A Russian Regional Analysis." Sustainability 13, no. 9 (April 25, 2021): 4810. http://dx.doi.org/10.3390/su13094810.
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Recent literature on energy efficiency focuses on the issues of energy security and options for reducing energy consumption. Measuring energy efficiency properly and forecasting future needs is critical to the energy policies of any country, especially given the importance of sustainability in their economic development. The role innovation plays in improving energy efficiency is well researched. There is a gap in examining an opposite relationship. That is, where energy efficiency becomes a critical factor for fueling innovation. This impact can occur within a company, a region, a nation or on an international level. Here we show that regions could motivate business innovations through policies requiring energy efficiency. Based on observations from a number of regions of an emerging economy, we show that energy efficiency impacts innovation. As a side effect it can contribute to export increases, which in turn can improve regional attractiveness for investors. We believe that the spiral development of the relationship between energy efficiency and innovation used as a strategy could become sustainable.
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Rykova, Inna, and Denis Taburov. "Tools Improvement for Stimulating Investment Attractiveness of the Energy Complex of Russia." Vestnik Volgogradskogo gosudarstvennogo universiteta. Serija 3. Ekonomika. Ekologija, no. 1 (March 2019): 92–99. http://dx.doi.org/10.15688/jvolsu3.2019.1.9.
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The article deals with the investment forecast for the energy sector of Russia in the long term for the period up to 2030, analyzes the dynamics and identifies cause-effect relationships. The hypothesis of growth of investment attractiveness is formed on the basis of revenue assessment of the largest companies of the fuel and energy complex of Russia. The authors describe the possibilities for the use of financial instruments for the development of the real sector of the economy. The indicators of evaluating the effectiveness of investment projects in the field of oil exploration and production are given. The potential of the world leaders in the field of oil supply to the international energy market is studied. Methods, forms and sources of financing of the real sector of economy are defined. The measures to stimulate economic growth and increase the investment attractiveness of the studied industry are recommended. The analysis of the oil and gas complex is carried out on the following economic indicators: criteria of return on capital and sales, coefficients of business activity, financial leverage, liquidity and capitalization of assets of companies operating in a single industry. This made it possible to identify inefficient producers of raw materials whose investment strategies are in dire need of adjustment and optimization of sources of financing. As a result of the study, proposals are formulated to redistribute investments into more profitable segments of the extractive industry, to combine the mechanisms of taxation of mineral extraction with the extraction of economic benefits from the expansion of the range of export duties levied on foreign trade operations. The article traces the economically significant idea of the need to modernize infrastructure organizations, the construction of new facilities in the activities of generating industries based on the optimization of investment flows in the companies of the real sector of the economy. As a result of the research, the authors substantiate the proposals for linking the economic growth of the country with the processes of investment in oil production and exploration taking into account the elimination of imbalances in the structure of revenue and capital.
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Asmyatullin, Ravil Ramilevich. "Strategies of Foreign Universities on the ASEAN Educational Market." Vestnik RUDN. International Relations 19, no. 1 (December 15, 2019): 130–38. http://dx.doi.org/10.22363/2313-0660-2019-19-1-130-138.
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ASEAN is characterized by a steady growth of the economy, a growing middle class and a large population of school age, it is one of the most promising growing markets for the export of educational services. The scale of student mobility from this region has been constantly increasing. At the same time, there is a noticeable trend towards the diversification of its geography with the emergence of new destinations and the weakening positions of traditional countries like the USA, France and Germany. The ASEAN is becoming promising not only as the largest donor of foreign students, but also as a notable player in the global educational market as a study destination. Special attention is given to the analysis of the markets of Singapore and Malaysia, as the largest regional educational hubs. The strategies of these countries are based on the creation of special economic zones in the field of education, thereby attracting leading foreign universities. This approach has a positive effect on the quality of education, increasing the attractiveness of the country as a study destination. The purpose of this article is to analyze the specifics of the strategies of foreign universities in the ASEAN countries in order to identify the potential for export of educational services by Russian universities. The strategies of foreign universities are based on a number of mechanisms, such as setting up international branch campuses in ASEAN countries, opening joint universities and operating through the franchise system. The article identifies the main problems which constrain the expansion of Russian
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Sultanov, Bakhodir, Napisa Abdurazakova, Odiljon Shermatov, Oybek Fayziev, Azamat Jumanov, and Nilufar Dekhkanova. "The economic feasibility of cultivating intensive orchards." E3S Web of Conferences 284 (2021): 03006. http://dx.doi.org/10.1051/e3sconf/202128403006.
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Horticulture is an important part of agriculture throughout the world. Fruits are used in the diet of the population, both fresh and for the production of various processed products, and most importantly, the most popular is dried fruits. In this regard, the topic is relevant both for the agricultural economy and for the country's economy as a whole. Intensive gardening is a combination of technologies, means, resources based on modern, intensive, innovative bases. The purpose of researching the material of the article is to analyze the corresponding situation of intensive gardens in the Republic of Uzbekistan, analyze the development and formulate proposals for increasing the economic attractiveness of cultivating intensive gardens, both for local consumption within the country and for export to foreign countries. The object of the study was the gardening of the Republic of Uzbekistan, in particular, they were accepted for analysis in 2016-2020. The objectives of the study of the material were the study of the economic side of the cultivation of intensive gardens, diagnostics of the state of intensive gardens, based on the analysis, the creation of proposals admissible for adoption on the territory of the Republic of Uzbekistan.
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Zolkover, Andrii. "Institutional component of the mechanism of countering the shadowing of the national economy." Economic Analysis, no. 29(3) (2019): 124–31. http://dx.doi.org/10.35774/econa2019.03.124.
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Introduction. The level of shadowing of the economy in Ukraine remains one of the highest in the world and is a threat to its economic security and macroeconomic stability, investment attractiveness, etc. The dynamics of change in the main indicators of the functioning of the shadow economy indicates a low level of effectiveness of existing mechanisms to prevent the implementation of shadow operations. The existing institutional component of this mechanism does not fully form the preconditions for reducing the share of the shadow sector of the economy and therefore does not encourage businesses to withdraw their funds from the shadows. The high level of corruption and bureaucracy in the country has a negative impact on the efficiency of economic entities and thus creates the preconditions for the revision of existing instruments of state regulation of the economy. Purpose. Research of efficiency of functioning of separate institutional components of the mechanism of counteraction to shadowing of national economy and definition of the most priority measures of prevention of the state by shadow schemes of withdrawal of incomes. Results. The results of the study identified the main reasons for the high level of shadowing of the national economy, threats, and barriers to counteracting the participation of economic entities in the shadow schemes of capital withdrawal. The analysis of the main vectors of state influence on economic entities is carried out. Their efficiency has been evaluated. It is established that Ukraine occupies one of the last places in the world in the vast majority of indicators. Analysis of individual components of the indicator of ease of doing business in Ukraine showed a significant duration of procedures for reporting and payment of taxes, processing of documents for export/import, a significant cost of processing documents for export/import. The results of the study showed that one of the components that have a significant impact on economic entities is the high level of corruption in the country, low efficiency of corruption control procedures, low efficiency of government, etc. The necessity of development and application of a set of measures aimed at improving the quality of the institutional component of the mechanism of de-shadowing of the economy is proved.
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Stepanova, Daria, and Inna Stepanova. "Trends of the investment market development in conditions of economic instability in Ukraine." Economics, ecology, socium 2, no. 1 (March 29, 2018): 89–98. http://dx.doi.org/10.31520/2616-7107/2018.2.1-8.
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Introduction. In recent years, Ukraine's economy is in a difficult situation, while maintaining its tendency to deteriorate. That is why investments in the creation of favorable conditions for its development play an important role. The attracted investments are the basis for the development of the Ukrainian economy, ensuring the possibility of its integration into the European socio-economic space, increasing the competitiveness of domestic enterprises, thereby reducing the level of dependence on imports and developing export potential.
Aim and tasks. The purpose of the article is to conduct a comprehensive analysis of the current state of the Ukrainian investment market, identify key issues that impede the attraction of additional capital investments and the future prospects of investment in the economy of the country in accordance with current economic and political realities.
Research results. The article reveals the role of investments in the further development of the Ukrainian economy. The complex analysis of the current state of the investment market of the country is carried out. In carrying out the analysis of the investment market, methods of statistical analysis, system generalization, qualitative and quantitative comparison were used. The main factors that negatively influence on this market are determined, restraining the development of investment activity and reducing the competitiveness of the Ukrainian economy. The main directions of increase of investment attractiveness, the realization of which will contribute to the growth of capital investments, are offered.
Conclusion. On the basis of the analysis of the Ukrainian investment market, it was found that foreign investors are extremely cautious with the injection of additional flows into the Ukrainian economy. It is proved that this process is due to gaps in the economy and investment market of the country. At the same time, Ukraine belongs to countries with huge potential for attraction of investments due to the rich natural resources, scientific and technical potential, skilled labor, and favorable infrastructure. The key objectives of investment policy should be to implement a comprehensive solution to the country's economic, social and political problems. Effective reforms are needed to improve the situation in the country, which will stimulate business development, increase the living standards of the population and the economy of the country.
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YARKOV, V. V. "COMPETITION OF LEGAL SYSTEMS: MYTH OR REALITY?" Herald of Civil Procedure 11, no. 1 (April 20, 2021): 13–29. http://dx.doi.org/10.24031/2226-0781-2021-11-1-13-29.
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The article examines certain aspects of the competition of legal and jurisdictional systems on the example of systems of common and continental (civil) law. The main attention is paid to the analysis of the report “Civil Legal Traditions in Question: On the Reports of the Doing Business of the World Bank”, prepared in the framework of the Association of Friends of French Legal Culture named after Henri Captain. The examples of export of law on the example of the creation of the MFC “Astana” are considered, a number of Russian laws are analyzed, aimed at increasing, in the opinion of their developers, the competitiveness of the Russian jurisdictional system. At the end of the study, the author notes that the condition for the full “coverage” of all possible corporate disputes by the arbitration agreement is the subordination of the MC and MF to foreign law. Another final thesis of this work is the idea that the living environment for participants in economic relations in Russia should be convenient and comfortable both from the point of view of the legal framework and law enforcement. Also, it is noted that increasing the attractiveness of the Russian jurisdictional system is an extremely urgent task, which determines the formation of conditions for increasing economic stability, intensive development of the social sphere and comprehensive progressive development of the country.
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Krykavskyy, Yevhen, Olha Prokopenko, Olena Shandrivska, Nadіia Vasyltsiv, and Sylwia Nycz-Wojtan. "Innovations in Management of the Complementary Development of the Territories Adjusted to the River Cargo Transportation." Marketing and Management of Innovations, no. 3 (2020): 257–75. http://dx.doi.org/10.21272/mmi.2020.3-19.
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The paper deals with the results of the scientific discussion on the management of the complementary development of the adjacent territories to river freight. The main purpose is to substantiate the nature and directions of implementing the river transport potential in the country's logistics system by applying the concept of complementary development of the economy of port regions, focusing on the development of river ports as nodes of the country's logistics system. The relevance of the study is that the factors of radical growth of demand for inland waterway transportation from businesses and the state require a corresponding reorientation of logistics for many sectors of the economy, especially from the riparian territories. The research of the problems of river freight transportation сoncerning dimensional and functional economy restructuring of Ukraine's regions within logistics concept is carried out in the following logical sequence: the evaluation of the ability of river transport to form a direct and multiplicative effect of logistics, generated by gross regional product and export processes in the country's port regions; clustering of areas adjacent to river ports based on development potential (Gross Regional Product and exports); confirmation of the division of regions according to the mathematical algorithm of hierarchical clustering of adjacent regions; the evaluation of investment attractiveness of the country's port regions; managing the intensification of the impact of river transport for the development of surrounding areas; the evaluation of the potential of multiplier effect at the system of management of the river ports complementary development. The mathematical algorithm of hierarchical clustering of port regions using the SPSS software system and the heuristic approach to their structure (by author's method of forming clusters based on the contribution of river transport to the formation of the direct and multiplicative effect of logistics: formed GRP and export processes in the port regions of the country). The subject of the study is the port regions. The evaluation results of the contribution of river freight transport for the economy of the adjacent territories conducted based on regression analysis and analysis of the intensity of river transport use during 2007-2016 period, showed that river transport is not a market-forming factor of development of the adjacent territories. The results of the study can be useful for the Ministry of Infrastructure of Ukraine, Ministry of Economic Development, Trade and Agriculture of Ukraine, administration of river ports, logistics operators, business in port regions, other participants of the market of water transportation in the process of prioritization of the goals of combined freight transportation Keywords logistics, regional development, river transport, port regions, territorial structure of Ukrainian, complementary development
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ANACIET, CHITCHUI TOUMENI ARMAND. "MODERN TRENDS IN AGRICULTURAL DEVELOPMENT IN CAMEROON AND WAYS TO ENSURE ITS SUSTAINABILITY." Ekonomìka ta upravlìnnâ APK, no. 1 (148) (May 30, 2019): 21–29. http://dx.doi.org/10.33245/2310-9262-2019-148-1-21-29.
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It has been established that agriculture is the backbone of Cameroon's economy, where 80% of the labor force is engaged in the agricultural sector and provides 22.3% of gross domestic product and 30% of its export revenues. The investigated branch forms the commodity supply of agricultural products both on the domestic and foreign markets, the following types of products: cocoa, coffee, cotton, bananas, palm oil, tobacco, tea, pineapple, corn, millet, sorghum, yams, potatoes, beans and rice. It has been determined that the livestock sector has been developed throughout the country and plays an especially important role in the northern region of the country. It has been proved that the main goal of the country's agricultural development is to ensure food security, whose achievement is strongly influenced by globalization of climate change. For the country under study, the country's orientation towards a "product concept" is characteristic, in which the main objective is to ensure the physical and economic availability of agricultural food. The strategic priorities in the country's agricultural development, which include the mobilization of local resources for intensive production taking into account environmental requirements, are highlighted. It is substantiated that today specialized regions have been formed in relation to the production of certain types of products, which allowed to increase the productivity of agricultural crops. It is noted that there are differences in indicators of productivity of agricultural production in farms and research stations, which proves the existence of unused reserves for improving production efficiency. The characteristic features of development of agricultural production of the country are systematized: low level of technical support; a manifestation of the tendency to increase the land of farms; the prevalence of small commodity producers; low income farmers; predominance of informal economic relations; use of manual labor; complicated access to loan financing sources; low level of involvement of commodity producers in value added chains. It is proved that under conditions of intensification of investment activity in the country's agriculture and realization of the foreseen measures of the strategic national plan, conditions and preconditions for effective development, modernization of production infrastructure, access of farmers to sources of financing and other components of sustainable development will be formed. It is highlighted that one of the conditions for the sustainable development of agriculture in the country is the intensification of agricultural production, which will promote ecological and social sustainability. Important instruments for its achievement are technological innovations in the direction of introducing new or improved agro technology of cultivation and modern management practices, new breeds of farm animals and poultry, integrated practices for improving soil fertility and widespread replacement of manual labor. Innovative solutions need to be coordinated with the specifics of the production process, and in terms of environmental and water and energy intensity. Key words: agriculture, food safety, farmer, innovation, investment attractiveness.
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Lyulyov, Oleksii V., and Bogdan A. Moskalenko. "Assessment of Country Investment Attractiveness Evaluation Approaches." Mechanism of an Economic Regulation, no. 4 (2020): 119–28. http://dx.doi.org/10.21272/mer.2019.86.12.
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Investment attractiveness of a country, and approaches to its evaluation have been thoroughly debated over few last decades. Initially, the key question concerned the reasons as to why large number of resource holders (financial funds, technologies, management systems etc.) would locate their assets, especially research and development projects, in other countries rather than remaining in their home economies. Increasing the quantity and quality of contacts with developed countries within investment process is crucially important for the development of Ukrainian economy. As follows from that point, the authors have identified features of approaches to investment attractiveness evaluation on a macroeconomic level analyzing latest works of scientists and researchers around the world. It is believed, that the most valuable type of investments for future GDP growth is funds from multinational corporations: they bring not only money, but technologies, and decision how make new businesses profitable. Thus, the fundamental consideration for countries competing for investments is the influencing and improvement of such factors through effective investment incentives policies. Within this work, we researched recent studies of investment attractiveness evaluation around the world, and assumed key points for improving and applying those approaches in Ukrainian economy. Within literature analysis the authors structured approaches to the evaluation based on the methods and subjects those approaches used. The most common methods are related to econometric analysis of statistical data that is collected and published by international institutions and rating agencies. Current analysis shows a tangible dependence between country investment attractiveness and the dynamics of FDI inflows. This dependence is not always straightforward, which is explained by influence of many other determinants within decision-making process. The authors suggest that involving independent experts from respective sectors of the economy could help to optimize the results of statistical data analysis. The expert survey provides the necessary correction coefficients which are to increase the accuracy and relevance of the investment attractiveness evaluation. The authors proposed a generalized approach to assessing the country investment attractiveness, taking into account international experience and features of the Ukrainian economy. Key words: investments, country investment attractiveness, foreign direct investment, investment attractiveness evaluation.
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Chubka Olha, Lyvdar Marta, and Petro Viblyi. "PUBLIC FINANCIAL POLICY ON INDUSTRY SPHERE: FOREIGN EXPERIENCE AND PROBLEMS OF IMPLEMENTATION IN UKRAINE." Economic Analysis, no. 29(1) (2019): 55–62. http://dx.doi.org/10.35774/econa2019.01.055.
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Introduction. Industry serves as the basis for meeting the needs of the national market and building a powerful export potential of the country. The public financial policy should aim at creating favorable conditions for investing in industry, which determines the relevance of the research. Purpose. The objective of the paper is to carry out a comparative analysis of the main mechanisms of the public financial policy of the industrialized countries of the world, to identify the existing trends in the development of industry in Ukraine, and to make recommendations on borrowing of the global experience in Ukraine. Results. A comparison of the mechanisms of implementation of the public financial policy in the industry of the United States, China, Japan, Germany, the Great Britain, Italy, and France has been carried out. The trends of industrial development in Ukraine have been determined. The scientific novelty consists in the recommendations suggested by the authors for ensuring the effective development of the industry, namely: in the creation of the State Innovation Bank, which would undertake soft lending of innovative projects and in the exemption from taxation of d enterprises in the event of their merger with a loss-making enterprise. Thus, the state will promote the creation of conditions for the progressive technological development of industry, increase its innovation and investment attractiveness. Enterprises will receive additional or cheaper financial resources, which will be able to invest in modernization and upgrading of productions, primarily high-tech. In view of the effective intended use of resources released as a result of taxation, it is suggested to conclude a special agreement between the controlling body and the taxpayer, according to which the payer will assume the obligation to effectively dispose of the financial resources.
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ROMANOVA, Julia Alexandrovna, Natalya Yurievna BARKOVA, Olga Alexandrovna BORODINA, Marina Viktorovna SOLOVEVA, and Olga Evgenievna USTINOVA. "Innovative Development of the Food Industry in the Conditions of Sanctions and Import Substitution on the Basis of Public-Private Partnership." Journal of Advanced Research in Law and Economics 10, no. 2 (March 31, 2020): 663. http://dx.doi.org/10.14505//jarle.v10.2(40).28.
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The research presents an attempt to elaborate an economic and organizational mechanism for innovative development of the food industry in the current conditions of sanctions and import substitution. The objective of this study is to provide a coherent methodology for developing an economic and organizational mechanism for innovative development of the food industry. In term of methods, the article is based on a system approach to assessing the current condition and identifying the issues related to innovative development of food industry enterprises, as well as a comparative analysis of management principles in the Russian food industry. The article provides an algorithm for effective cooperation between government and business – food industry enterprises – based on a wide range of methods of dialectical logic, binning, comparative and abstract-logical analysis. The results of this article can be used both in theory and practice regarding the development of tools for innovative development of food industry enterprises. Moreover, they can be used to advance scientific methods for improving competitiveness, investment attractiveness and economic resilience of food processing enterprises in the environment of increased innovative activity. Food industry enterprises show an increasing interest in innovative development of domestic agrarian producers as the main source of domestic primary products for own sustainable development. The proposed economic and organizational mechanism for the establishment and development of food industry enterprises in the framework of structural transformation management in the industry enables restructuring of the socio-economic situation in the food industry. The developed algorithm of a public-private partnership to attract investments to innovative development of Russian food processing enterprises aims to support and encourage export of food, enabling the government and regional authorities to promote rational use of investment potential of Russian regions, mitigation of investment risks and strengthening of food security in the country.
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Borodin, Alex, Manuela Tvaronavičienė, Irina Vygodchikova, Galina Panaedova, and Andrey Kulikov. "Optimization of the Structure of the Investment Portfolio of High-Tech Companies Based on the Minimax Criterion." Energies 14, no. 15 (July 30, 2021): 4647. http://dx.doi.org/10.3390/en14154647.
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A model has been developed for the optimization of the share structure of an investment portfolio in high-tech projects supported by the leaders of the leading industry companies in Russia. Several indicators (financial leverage, integrated rating of companies, industry rating) were applied in the decision support system for the shared distribution of investments. High-tech production is based on innovative technologies for saving resources, the resiliency of systems for transporting and transferring raw materials and finished products within Russia, so the main income will remain within the country. It is possible to export high-tech products, rather than raw materials, which will increase export revenues. Investors will invest in high-tech projects of Russian companies, taking into account the targeting of investment development. The guarantee is the stable financial position of the companies and the competitiveness rating. Methods: The authors propose a new approach that does not contradict modern rating scales, based on a hierarchical rating procedure and fuzzy logical rules that allow you to build an integral rating in the form of portfolio shares from the whole. A higher share shows an indicator of the higher investment attractiveness of companies. The industry rating is obtained based on the principle of the company’s first affiliation to the highest rating indicator. The final minimax portfolio is based on the initial ratings in a circular convolution and is then adjusted by industry. A software package has been compiled that allows the testing of the method of capital allocation between investment projects for the largest companies’ leaders of high-tech industries in Russia. This software uses the author’s method of multi-stage analysis, the evaluation of financial coefficients, the integral ranking and the correction of the solution taking into account the industry attributes. Results: The results are presented with computer-aided design (CAD) in the form of an algorithmized decision support system (DSS). The CAD system is based on a hierarchical algorithm, based on the use of a multi-level redistribution of investment shares of high-tech companies, taking into account the adaptation to the requirements of the return on investment portfolio. When compiling the portfolio, the minimax optimality criterion is applied, which allows the stabilization of the risk by purposefully redistributing funds between the companies involved in the analysis. The authors of the article have compiled an algorithm for the software implementation of the model. Features of the rating approach: the use of the author’s mathematical apparatus, which includes a hierarchical analysis of the ranked indicators of the financial and economic activity of companies, taking into account their priority, and the use of a minimax approach to obtain a rating assessment of companies, taking into account the industry attributes. Development: The proposed approach should be used for targeted financing of large industry companies engaged in the implementation of high-tech projects.
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Pavlov, Pavel Vladimirovich, Igor Valentinovich Godunov, and Elena Konstantinovna Zashchitina. "Anti-corruption education and outreach as a factor promoting investment attractiveness of the country." Национальная безопасность / nota bene, no. 1 (January 2021): 49–56. http://dx.doi.org/10.7256/2454-0668.2021.1.35030.
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This article examines the correlation between the country’s investment attractiveness and the level of corruption therein. The key goal of this research consist in the creation of comprehensive curriculum for anti-corruption education and outreach, the implementation of which would significantly reduce the level of corruption in Russia, and thereby improve its investment attractiveness on the international arena. The object of this research is the mechanisms for improving investment attractiveness of the country in the global market; one of such mechanisms is the reduction of corruption component. The subject of this research is the practices of anti-corruption education and outreach used by the world leading countries aimed at lowering the level of corruption. The information framework is comprised of the official statistics of the World Bank, as well as expert reports published in the media. Based on the established correlation between these factors, the article provides the examples of measures for reducing the level of corruption implemented in Russia and the leading world countries. The result of the work consists in the development of comprehensive curriculum for anti-corruption education, which can be used on the regional or federal level for achieving a synergistic effect. This article is intended for the scholars and pedagogues, officers of the executive branch, state and municipal officials responsible for the implementation of national anti-corruption plans, as well as other experts dealing with anti-corruption issues.
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Wang, Jiann-Chyuan, Joe-San Lee, and Yu-Chun Ma. "TPP, trade-off and eco-system establishment in Taiwan." Bandung: Journal of the Global South 4, no. 1 (June 21, 2017): 1–16. http://dx.doi.org/10.1186/s40728-017-0041-x.
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The Trans-Pacific Partnership (TPP) is a free trade agreement with high standards, affecting multiple industries, and imposing tremendous economic impacts. The TPP accounts for 36% of world GDP and its significance and impacts are profound, specifically affecting tariff reduction in the manufacturing sector, market entry in the service sector, and rules of origin requirements, as well as currency valuation, intellectual property rights, and even immigration. This means that Taiwan cannot view the TPP lightly. Taiwan’s economy is export-focused, so not being able to partake in regional economic integration will exert an unfavorable impact on Taiwan’s trade expansion and investment attractiveness. Taiwan’s government should therefore actively seek to engage in the second round of TPP discussions. Although President Trump has announced that the US will be withdrawing from the TPP, Japan is seeking further consolidation so that the remaining TPP member countries can continue to make progress. Taiwan cannot exert much control over international opposition to Taiwan’s membership of the TPP on the part of other countries, so this paper focuses mostly on the challenge of overcoming domestic opposition. A review of the literature reveals that the benefits of joining the TPP outweigh the harm; however, despite continuous efforts to promote the TPP and the reaching of consensus within governmental organizations, there has still been a considerable backlash against the idea of TPP membership from many groups in society. This is because TPP membership would directly disadvantage thousands of domestic-orientated businesses, small and medium enterprises (SMEs), and the younger generation. This means that TPP promotion needs to be more considerate of the interests of all related parties and be undertaken in an ‘eco-system’-like manner, focusing on helping traditional industries, SMEs, the agricultural sector, and young people. In addition, the government should work on strengthening the skills of existing workers, and work to develop a system that keeps capital and skilled labor within the country. Foreign investment should ideally help to stimulate domestic economic growth, create more employment opportunities, and drive wages up. If these benefits can be emphasized, then the promotion of the TPP or other FTAs is likely to encounter less resistance and receive more support from Taiwan’s citizens.
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I., Pavlenko, and Salli V. "QUANTITATIVE EVALUATION OF THE POSSIBILITY OF EUROPEAN INTEGRATION OF POST-SOVIET COUNTRIES." Economics and Management, no. 86(2) (May 22, 2020): 11–23. http://dx.doi.org/10.36919/2312-7812.2.2020.11.
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The subject of this article is the analysis of integration processes at an interstate level and within individual business groups, as well as the economic links of all participants in market relations which provide real opportunities for a more intensive movement of capital into new, highly efficient, at the same time more risky markets. The aim is to explain the principles of re-evaluating the investment attractiveness and the level of safety of many quite cost-effective capital investment options. The effectiveness of the decision made will depend on which of the possible situations in the external environment will actually take place. Fundamental to this approach is the ability to make the most out of the resources that the country possess - minerals. infrastructure, labor resources, etc., since ultimately this will determine the degree of its efficiency, its internal order. The rate of the stability of the system, the expectedness and predictability of its development are characterized by the concept of entropy. The principal of this approach is that the following is used as initial data: the volumes of transit traffic, the capacities of the enterprises being created, the volumes of the alienated territories. To adjust the parameters, the indicators related to the creation of new jobs and labor productivity for each analyzed investment program were used. At the same time, the investment risk is measured by the absolute value of possible losses in monetary terms. Accordingly, options for the development of external conditions are assigned, alternatives for tackling an issue are set and the effectiveness of each alternative and risks in various conditions should be determined. An important aspect of this approach is the ability to identify areas of high and absolute risk. This study confirms the following hypothesis. The potential for an export and raw material development of the economies of the post-Soviet countries has been exhausted, nevertheless, they have the opportunity to obtain strategic benefits from the current situation based on the stable world demand for provision, creating conditions for the rational directing resources into promising industries with the aim of developing industrial and post-industrial sectors in the country’s economy.
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Margaryta, BOІKO, BOSOVSKA Myroslava, and OKHRIMENKO Alla. "REFRAMING OF THE TOURIST BRANDING CONCEPT." Herald of Kyiv National University of Trade and Economics 137, no. 3 (June 15, 2021): 62–80. http://dx.doi.org/10.31617/visnik.knute.2021(137)05.
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Background. The use of innovative tools in various spheres of Ukraine’s tourist system, including in particular its branding, will provide new development opportunities in the context of the global pandemic COVID-19. Analysis of recent research and publications has shown that the problems of formation Ukraine’s national tourism brand require systematic comprehensive research despite scientific interest and practical necessity. The aim of the article is to substantiate the peculiarities of reframing concept (from English reframe – to do over, to change) of tourism branding on the basis of the holistic approach. Materials and methods. The portfolio tools and methods of scientific research such as analysis, synthesis, analytical researches; systematization, decomposition and generalization were used to substantiate the concept of the national tourist brand of Ukraine, structuring of the process of tourist brand formation, descriptors identification of the brand semantic model. Results. Scientific hypotheses about the correlation between the share of problem loans in the total volume of issued loans and the ratio of individual macroeconomic indicators of the country’s development were suggested; their empirical testing was carried out. The range of proposals, based on the results of this study, was developed. It included restriction of high-risk balance and off-balance banks credit operations; introduction of the mechanism for mandatory stress testing of credit risk, taking into account key indicators that characterize the level of global misbalances; establishment of a direct relationship between the level of credit rating of the country and the degree of credit activity of its banks; establishment by the mega-regulator of the critical value of the ratio between the volume of financial assets and GDP; determination of tight credit risk standards, etc. The implementtation of these proposals will stabilize the situation in global financial markets. Conclusion. The generated national brand is a means of increasing tourist interest in Ukraine and a prerequisite for the tourist flows growth. The national brand value is not only in the feasibility to create a positive image, increase the benefits of activities in global, regional and national markets, but also in strengthening the country’s position at the international level. Global economic asymmetries in tourism are not homogeneous, therefore new impulses and new quality of tourism can be obtained through the development of the tourism branding concept, which depends on the socio-economic and cultural impact of the tourist destination, its attractiveness to potential tourists and export-oriented development model of tourism.
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Restian, Arina, Tyas Deviana, and Yunia Nanda Eka Saputri. "Pengembangan LKS Berbasis Kearifan Lokal di Malang Untuk Siswa Kelas IV SD." Scholaria: Jurnal Pendidikan dan Kebudayaan 10, no. 1 (January 24, 2020): 85–91. http://dx.doi.org/10.24246/j.js.2020.v10.i1.p85-91.
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This research aims to 1) develop a worksheet based on local wisdom in Malang for students in 4th grade, within subtheme 2: “The Beauty of My Country Cultural Diversity”, 2) test the effectiveness of the worksheet. This study uses ADDIE model, there are 5 stages namely analysis, design, development, implementation, evaluation. The instrument was validated by material expert, instructional materials expert, and linguists. Then the revised worksheet was tested on the subject as a trial to find out the attractiveness and effectiveness. The validation result from the material expert was 90.67% in valid criteria, from the teaching material expert was 73.33% in criteria, and from the linguists were 93.33% in valid criteria. The attractiveness results 91.71% from students in interesting criteria and 85.71% from teachers. The effectiveness test results obtained 94.28% in effective criteria.
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Pinto, Marcos M. O., and Emerson C. Colin. "Ship Purchasing: Characteristics, Empirical Evidence, and Market Attractiveness for Shipbuilders." Journal of Ship Production 25, no. 03 (August 1, 2009): 142–52. http://dx.doi.org/10.5957/jsp.2009.25.3.142.
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This paper presents an analysis of the ship purchasing process and suggests to shipbuilders a methodology to identify the attractiveness of different markets in terms of location. Two analyses are carried out to identify if there is any correlation between exporting country and buyer size (e.g., are Korean exports focused on large clients?) and if the location of the production influences the purchasing decision of the ship buyer. We created a purchasing preference index (PPI) that can be computed for each type of ship and each builder-buyer country pair, and the PPI distribution over several countries is used to evaluate the entry potential for each country which, made up from market size, defines a simple market attractiveness measure. Further analysis is performed aiming to investigate company-level characteristics, such as the size of the players and loyalty in the relationship builder-buyer.
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Kudrin, A. "The Influence of Oil and Gas Exports on Russia’s Monetary Policy." Voprosy Ekonomiki, no. 3 (March 20, 2013): 4–19. http://dx.doi.org/10.32609/0042-8736-2013-3-4-19.
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The article studies the problems of implementing monetary policy in the environment of a significant inflow of foreign currency revenues from exports of commodities into the country. It shows that in the conditions of strong balance of payments the Central Bank is forced to accept either the appreciation of the ruble or inflation. Only the government of Russia has at its disposal a powerful tool that allows both to prevent the appreciation of the local currency and to contain inflation at the same time. This dual task is solved by means of saving some part of oil and gas revenues in reserve funds during favorable situations on foreign markets. Such a policy lays the foundation for macroeconomic stability and ensures investment attractiveness of the Russian economy.
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Lyeonov, Serhiy, Оlha Кuzmenko, Hanna Yarovenko, and Tatiana Dotsenko. "The Innovative Approach to Increasing Cybersecurity of Transactions Through Counteraction to Money Laundering." Marketing and Management of Innovations, no. 3 (2019): 308–26. http://dx.doi.org/10.21272/mmi.2019.3-24.
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A current task is to provide the economic security of any country in the context of creating effective and reliable measures of the banking cybersecurity system against money laundering. First of all, it relates to the fact that the money laundering processes and financing of terrorism negatively influence the economy of any country and reduce the economic security level. Secondly, the high level of money laundering in the country promotes the emergence of such negative processes as corruption, extortion, drug production, people smuggling, gangsterism, terrorism, which leads to an increase of the crime situation in the country and endangers the lives of the population. Thirdly, the existing cybersecurity measures of banks do not affect the security of transactions in a timely manner to identify funds obtained illegally. Therefore, exactly this aspect is required changes and modernization in order to accomplish the task. The aim of the article is to develop the innovative scientific and methodic approach to the country’s attractiveness modelling for proceeds laundering by other countries. This technique is one of the tools of the bank’s cybersecurity system for making further decisions regarding the risk of legalization. In order to solve this problem authors suggest the approach, which is based on gravity modelling. Eight factors: Gross Domestic Product per capita, Claims on the central government, Internally displaced persons, associated with conflict and violence; Automatic Exchange of Information; Corruption Perceptions Index; Global Terrorism Index; Legatum Prosperity Index; Happy Planet Index are proposed to be evaluated using the expert approach to implement the above approach. Then the integral indicator is calculated using the Minkowski metric and taking into account the factors normalization. Using the gravity model, the country’s attractiveness degree considering is defined for proceeds laundering on the part of another country. Data for 105 countries are used for calculation and results for Ukraine, Poland and Germany are represented. As a result, we can see that developed countries with high welfare level are attractive for developing countries for money laundering, countries with low welfare level, low economic development and unstable political situation are attractive for the developed countries. The proposed methodology is recommended to be introduced in the activity of banks' cybersecurity systems. It will allow identifying transactions of those countries for which the risk of legalization is high and introduce additional monitoring to regard the legitimacy of their financial sources. In addition, it is expedient to use the model in the activities of the country’s regulatory authorities, which will promote the introduction of cybersecurity standards and increase the ethics of financial relations between countries. Keywords: cybersecurity, money laundering, gravity modelling, country attractiveness, risk, expert approach, normalization, Minkowski metric.
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Lyulyov, O. V., and B. A. Moskalenko. "PROBLEMS OF EVALUATION AND INVESTMENT ATTRACTIVENESS MANAGEMENT AT THE MACROECONOMIC LEVEL." Vìsnik Sumsʹkogo deržavnogo unìversitetu, no. 1 (2020): 207–16. http://dx.doi.org/10.21272/1817-9215.2020.1-24.
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Analysis of the dynamics of the movement and structure of investment resources allows us to determine how competitive a sector of the national economy is in attracting foreign investment and identify problems before they affect the related macroeconomic indicators. The article examines the factors influencing FDI inflows and their interaction with public authorities. Based on the data of the quality of political institutions (WGI), developed with the participation of representatives of the World Bank, a basis for assessing the investment attractiveness of Ukraine was formed. As part of a study of international experience in assessing investment attractiveness, the authors analyzed current approaches to assessing the impact of political institutions on the dynamics of FDI and concluded on the qualitative characteristics of political institutions. Due to the limited supply of quality investment resources, the study of the assessment of the investment potential of the national economy is an important aspect of the implementation of domestic socio-economic policy. The study of the dynamics of macroeconomic indicators of the economy of Ukraine allowed to form a set of indices that have a significant impact on decision-making by potential investors. The authors proposed an approach to determining investment attractiveness based on the analysis of the dynamics of quantitative indicators of the state of the economy and quality indicators of public administration. The proposed model allows to assess the impact of each of the factors on the dynamics of FDI, to identify problems that demotivate the inflow of investment resources and to develop recommendations for investment policy management at the state level. Analysis of the dynamics of the movement and structure of investment resources allows us to determine how competitive a sector of the national economy is in attracting foreign investment and identify problems before they affect the related macroeconomic indicators. The authors' approach to assessing investment attractiveness takes into account most of the main determinants of FDI. In the analysis of the literature, it was decided to take into account not only quantitative statistics, but also the results of a survey of experts, which should have avoided the bias associated with the problem of non-consideration of variables. Further development of improving the assessment of investment attractiveness of the country by updating the list of determining factors and indicators influencing the movement of FDI, and ranking of indicators of investment attractiveness using the methods of expert assessments.
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Ežmale, Sandra. "REZEKNE SEZ – 20 YEARS OF ACHIEVEMENT AND FUTURE CHALLENGE." Via Latgalica, no. 10 (November 30, 2017): 126. http://dx.doi.org/10.17770/latg2017.10.2764.
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Rēzekne Special Economic Zone (RSEZ) was established in 1997 as state stock company in order to promote trade, develop production and transport, as well as import and export of goods through Latvia. RSEZ administers state aid in form of tax allowances. During the 20 years of the history of RSEZ several substantial changes have taken place, determining overall development of RSEZ. In 2004 the legal status of the organization was changed due to amendments in legal acts of Latvia. It was reformed from a non-profit organization into a stock company. The ministry of Economics of the Republic of Latvia handed over its stocks of RSEZ to Rēzekne city; subsequently from 2004 to 2010 55% of the stocks were owned by Rēzekne City Council. Regardless of the fact that the control interest was owned by public institutions, RSEZ was a subject of private law and that contradicted the aim of the establishment of RSEZ i. e. promotion of regional development. It determined the necessity to make changes in the functioning of RSEZ. As a result the legal status of RSEZ was changed again in 2010 from stock company to joint municipal institution and amendments with regard to the territory of RSEZ were made. Simultaneously with the aforementioned transitions the economic and politic situation in the country changed – in 2004 Latvia became a member state of the European Union and harmonization of legal acts was performed in accordance with the requirements of the EU. Since 2004 several times substantial amendments have been made in the legal acts regulating the operation of RSEZ and overall its competitiveness and attractiveness for the investments has decreased. Nevertheless the last five years had been the most successful since the establishment of RSEZ. It is possible to distinguish two stages in the development of RSEZ 1) 1997–2010; 2) 2010 – up to nowadays. Altogether RSEZ enterprises (since 2001) have invested almost 150 million euros, from which 120 million euros had been invested in last 10 years and 80 million euros – in last 5 years. The turnover of RSEZ enterprises in 2016 was 84.5 million euros (70.5 million euros – in 2015). In comparison with 2009 the turnover of RSEZ enterprises has increased by 60 million euros or more than 3 times. In the recent years prospects of growth and investment attraction in Latvia and Europe are encumbered by political instability and slow economic growth of Eurozone. Certainly an important factor for investment attraction is developed and qualitative business infrastructure. Therefore significant is the role of the initiatives of municipalities related to implementation of EU Structural Fund financed projects in RSEZ territory as well as proactive work of RSEZ in investment attraction. The paper describes the RSEZ regulatory framework, activities and results achieved in the past, as well as future challenges. The research has been based on the database of RSEZ business research and analysis information system, as well as on the European Union and Latvian policy and development planning documents, laws and regulations. It was found that the RSEZ results and performance indicators have improved after the change of the legal status of RSEZ in 2010. RSEZ enterprises make an important contribution to the development of Rēzekne city and Rēzekne region.
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Jover, Estefania, and Chipo Mlambo. "A review of factors affecting the attractiveness of Angola to private equity (PE) investments." South African Journal of Economic and Management Sciences 17, no. 5 (November 28, 2014): 609–23. http://dx.doi.org/10.4102/sajems.v17i5.781.
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Angola’s attractiveness to PE investors and the potential to increase PE investments in the country are explored. Primary data were collected using a survey of 18 PE funds that invest or have considered investing in Angola, followed by 10 expert interviews to gain deeper insight into the country’s institutional and economic environment, and its potential for PE investments. It is found that most PE funds are attracted to Angola by its rapid economic growth and high potential returns. The country is also vastly undersupplied, and many key economic sectors are fast developing, presenting exciting opportunities for investors. Nevertheless, PE in Angola remains limited, mainly owing to the difficulty of doing business in Angola, and owing particularly to the unfavourable regulatory environment. There is no regulation or process when it comes to the registration of PE funds in Angola, and any new regulation that applies to foreign investments is marred by unnecessary red tape, making it difficult for the investment to enter the market. Only two funds are authorised to operate in Angola: Fundo de Investimento Privado de Angola (FIPA), and BESA Activ. Streamlining regulation is critical to increasing PE flows to Angola in order to advance the country’s economic and social objectives.
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Alonso, Abel D., and Seng Kok. "A resource-based view and dynamic capabilities approach in the context of a region’s international attractiveness: The recent case of Western Australia." Local Economy: The Journal of the Local Economy Policy Unit 33, no. 3 (March 25, 2018): 307–28. http://dx.doi.org/10.1177/0269094218765167.
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This exploratory study proposes a framework based on the resource view theory and the dynamic capabilities approach to further the understanding of a region’s attractiveness, particularly from an international perspective. The case of Western Australia is examined through in-depth, face-to-face interviews with nine country consuls experienced in international trade. The findings revealed significant ways in which Western Australia could enhance its future commercial appeal. The findings revealed the value of synergies between this state and other countries, particularly exchanging expertise, transferring knowledge, or exporting know-how, education, both university and industry-focused, research and development and expertise. These forms of regional attractiveness emphasise the strategic role of industry resources and dynamic capabilities, thus, underscoring the usefulness and applicability of the proposed framework. While the state’s mineral exports will continue to drive its economy, harnessing its potential in other areas is crucial to adapt to changing business environments and to build sustained competitive advantage.
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Elimam, Haga. "Determinants of Foreign Direct Investment in Saudi Arabia: A Review." International Journal of Economics and Finance 9, no. 7 (June 26, 2017): 222. http://dx.doi.org/10.5539/ijef.v9n7p222.
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Foreign direct investment is identified as the major tool for the movement of international capital. Thus, the study has employed a review research to examine the determinants of foreign direct investment in Saudi Arabia. The results are significant as they have contributed towards determinants of foreign direct investment by comparing with previous studies. The results showed that trade openness, infrastructure availability, and market size play significant role in attracting foreign direct investment within a country. The inflow of foreign direct investment has a potential to benefit the investing entity as well as the host government. It also renders economic growth and socioeconomic transformation of the country. The flow of foreign direct investment in Saudi Arabia is affected by several factors including growth rate, GDP, exports and imports. It is the duty of the government to ensure the attractiveness of their country to maintain maximum flow of foreign direct investment, as it promotes sustained long-term economic growth by increased investment in the human capital.
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Akhmedov, Shokhrukh B., and Vladimir M. Kutovoi. "ANALYSIS AND PROSPECTS FOR IMPLEMENTATION OF THE INVESTMENT LIBERALIZATION REGIME IN THE WORLD ECONOMY." RSUH/RGGU Bulletin. Series Economics. Management. Law, no. 1 (2021): 99–109. http://dx.doi.org/10.28995/2073-6304-2021-1-99-109.
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The article assesses a significance of the most important component of the agreement on accession to the WTO, namely the agreement on trade-related investment measures (TRIMs), in increasing the attractiveness of developing countries to investors from abroad. In addition, traditional determinants of FDI placement, such as the macroeconomic stability, trade openness, and economic development, are considered. The authors carry out an analysis in the field of regulation of TRIMs by the example of economic policies in developing countries. The study shows that the extent to which TRIMs contributed to achieving the goals varied significantly, reflecting the specific economic and political conditions of the country using them. In some cases, they played a role in encouraging foreign companies to make more use of local sources or increase their exports from the host country. In other cases, the impact seemingly was negligible.
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Chalikova-Uhanova, Maria, Maria Balashova, Matvey Troshkin, and Anastasiia Balashova. "On Long-Term Development of Tourism in Olkhonsky District and Rationale for Increasing Its Attractiveness among Chinese Tourists." Russian and Chinese Studies 5, no. 1 (May 11, 2021): 36–45. http://dx.doi.org/10.17150/2587-7445.2021.5(1).36-45.
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In the modern world, tourism is the most dynamic sectors of the national economy. The value and impact of tourism are important not only on a country level but also on global level. Both developed and developing countries show positive developments in this sector. Countries try to stop being donor countries and become countries that attract tourists. Right now Russia is not a country that exports tourist services, so an amount of tourist departures exceeds the amount of tourist arrivals. One of the solutions to the problem can be developing and implementing tourism development policy in Olkhonsky District, Irkutsk oblast that will be focused on attracting Chinese tourists. The choice of an area is based on the fact that Irkutsk oblast takes third place in terms of the amount of incoming foreign tourists in Russia and it also has great capacity for further development because of unique Lake Baikal. The focus on Chinese tourists is determined by several facts: Russian travel agencies primarily attract tourists from China; Chinese tourists spend a high amount of money during their travel; Irkutsk oblast is of a particular interest to most of Chinese tourists.
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Mottaeva, Angela, and Alexander Zheltenkov. "High-rise housing as a factor of the increase in Investment attractiveness of the city." E3S Web of Conferences 33 (2018): 01038. http://dx.doi.org/10.1051/e3sconf/20183301038.
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That is obviously for experts, irrespective of status or quality, high-rise housing is here to stay. No country is in a position to ignore or discard this conspicuous legacy of the post-war and mass housing period. Nevertheless, high-rise residential buildings are still less widespread, than offices. According to the author, there are certain problems and reasons for limitation of high-rise construction in the housing sector. The author summarizes successful experience of high-rise housing construction in the world and considers some social-and-economic prerequisites of its development in the modern city. These concrete examples, given in article, prove that the existing problems are being solved. The most effective option of construction is the combination of inhabited and commercial chambers in the high-rise building and also the creation of specific infrastructure. In that case housing high-rise estates will promote the increase in investment attractiveness and investment activity in the district and in the city as whole.
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Tran, Le Anh Duy, and Van Kien Pham. "Accessing the Logistics Service Competitiveness." Information Resources Management Journal 34, no. 2 (April 2021): 29–42. http://dx.doi.org/10.4018/irmj.2021040102.
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Recently, Southeast Asia (SEA) has become a very attractive region for FDI from developed countries. This trend has led to the rapid development of logistics services. However, in the existing literature, there is very little empirical research to compare SEA countries like for example Thailand, Vietnam, Indonesia, and The Philippines. Current studies mainly focus on a single country or some typical industries. Therefore, a comprehensive model with various attributes able to compare which country is performing a better logistics service is still missing. For this reason, the authors conducted this study with the expectation of providing a model that uses attributes able to make it easier to compare and evaluate the attractiveness of logistics services in each country. To do so, the paper uses AHP theory to set up the research model and a questionnaire to obtain data from 23 experts in the logistics industry. Based on an analysis of the results, Vietnam is the most attractive destination for logistics services. This finding was driven by the importance of the government-related attributes. Thailand because of the country's cost competitiveness proved attractive. The results of the study make it easier for managers to assess and select the best suited country for logistics services.
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Ferreira, Fernando A. F., Ieva Meidutė-Kavaliauskienė, Edmundas K. Zavadskas, Marjan S. Jalali, and Sandra M. J. Catarino. "A Judgment-Based Risk Assessment Framework for Consumer Loans." International Journal of Information Technology & Decision Making 18, no. 01 (January 2019): 7–33. http://dx.doi.org/10.1142/s021962201850044x.
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Credit to personal consumption is an important activity of the financial system and crucial to the socioeconomic development of a country. It is important, therefore, that the methods and techniques used to evaluate consumer credit risk be as efficient and informative as possible, in order to strengthen decisions to approve or reject credit and promote sustainable economic growth. This study aims to create a multiple criteria expert system which integrates cognitive maps and the measuring attractiveness by a categorical-based evaluation technique (MACBETH) to create a complementary framework for consumer credit risk assessment. The results show that this integrated approach allows the evaluation process of consumer credit risk to be more informed and transparent, providing value for the evaluation processes of this type of credit application as a result of the privileged contact established with a panel of credit analysts. Advantages, limitations, and managerial implications are also discussed.
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Shen, Ching-Cheng, Yen-Rung Chang, and Der-Jen Liu. "Rural Tourism and Environmental Sustainability—A Study on a Model for Assessing the Developmental Potential of Organic Agritourism." Sustainability 12, no. 22 (November 19, 2020): 9642. http://dx.doi.org/10.3390/su12229642.
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In light of the public’s increasing awareness of and desire to create healthy and friendly environments, developments in organic agriculture and organic agricultural products have gradually yielded optimum choices in terms of healthy diets, travel options, and lifestyles, in addition to winning considerable attention and popularity from the public. This study was centered on a model for assessing the developmental potential of organic agritourism, with empirical analyses being conducted regarding visitors to Yuli Township in Hualien County, Taiwan. The results were as follows. By means of on-site interviews and surveys, as well as a review of relevant literature, this study constructed several assessment indicators of the developmental potential of organic agritourism. The constructed model consisted of four criteria, namely, the attractiveness of resources, market development potential, community development capabilities, and the creation of diverse values, as well as 23 sub-criteria. The analytic hierarchy process (AHP) approach was employed, and a questionnaire with expert validity was used to deduce the weights of each criterion and sub-criterion. The highest-weighted criterion was the attractiveness of resources, followed by, in order, the creation of diverse values, market development potential, and community development capabilities. The results of this study can serve as a reference for Yuli Township in developing strategies to promote organic agritourism in the area.
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Khalatur, Svitlana, Galina Pavlova, and Kateryna Zhylenko. "The role of some indicators of financial security in Ukraine in the context of transnationalization and national interests." Investment Management and Financial Innovations 15, no. 3 (September 10, 2018): 237–48. http://dx.doi.org/10.21511/imfi.15(3).2018.20.
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The article analyzes some indicators of Ukraine’s financial security in the context of transnationalization and national interests. On the basis of the obtained results, the role of financial security in the context of transnationalization and national interests has been determined, directions for strengthening the financial security of the country have been proposed.The main objective of the study is to determine the role of Ukraine’s financial security in the context of transnationalization and national interests, based on the study and evaluation of some financial security indicators. The methodology of the research is based on the early prevention of threats to financial security of Ukraine in the context of transnationalization and national interests, based on both macroeconomic and financial data from the entire financial system. The regression models were used, because they work dynamically and change as information changes. Diagrams can be used by financial analysts to understand the investment attractiveness of the country at the current time with the current level of financial security. Standard models are designed to predict the financial stress and threats to financial security. Financial security models must be built with the support of macroeconomic knowledge, assessment of other risks and expert interpretations, used to get the highest value in the research.The procedure of simulation of financial security indicators of the country has been given. The use of correlation and regression analysis for forecasting the financial security indicators in Ukraine has been substantiated. The links between the indicator variables have been analyzed. The general view of model relations between financial security indicators in Ukraine has been determined, their statistical analysis has been carried out and the necessity of forecasting the financial security indicators of Ukraine has been substantiated.
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Mastuti, Anggia Diah Wahyu, Lilik Bintartik, and Sumanto Sumanto. "Pengembangan LKPD Berbasis Problem Based Learning (PBL) dengan Penguatan Karakter Kerja Keras Subtema Indahnya Persatuan dan Kesatuan di Negeriku untuk Kelas IV SDN Banggle 02 Kabupaten Blitar." Jurnal Pembelajaran, Bimbingan, dan Pengelolaan Pendidikan 1, no. 4 (July 25, 2021): 254–68. http://dx.doi.org/10.17977/um065v1i42021p254-268.
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Abstract: The purpose of this development research is to produce a valid Problem Based Learning LKPD based on material experts, instructional materials experts, and users as well as practical and interesting according to students. This product can be used as additional teaching material on the Theme of Diversity and Unity of My Country The Subtheme of the Beautiful Unity and Unity in my Country learning 1 and 2. The development of this LKPD uses the research method of Borg & Gall modified by Sugiyono. The steps are 1) potential and problems, 2) data collection, 3) product design, 4) product validation 5) product revision, 6) product trial, 7) product revision, 8) trial use, and 9) revision product. The results of the product validation were stated to be very valid, with an average rating of 94 percent material experts, subject matter experts, and 100 percent users. Student responses about practicality and attractiveness reached 96 percent and 100 percent. Based on all of the assessment results it can be concluded that PBL-based LKPD products are very valid, very practical, very interesting, and can be used without revision.
Abstrak: Tujuan penelitian pengembangan ini menghasilkan LKPD berbasis Problem Based Learning yang valid menurut ahli materi, ahli bahan ajar dan pengguna serta praktis dan menarik menurut peserta didik. Produk ini dapat digunakan sebagai bahan ajar tambahan pada Tema Keragaman Persatuan dan Kesatuan Negeriku Subtema Indahnya Persatuan dan Kesatuan di Negeriku pembelajaran 1 dan 2. Pengembangan LKPD ini menggunakan metode peneltitian dari Borg & Gall yang dimodifikasi oleh Sugiyono. Langkah-langkahnya yaitu 1) potensi dan masalah, 2) pengumpulan data, 3) desain produk, 4) validasi produk 5) revisi produk, 6) uji coba produk, 7) revisi produk, 8) uji coba pemakaian, dan 9) revisi produk. Hasil validasi produk dinyatakan sangat valid, dengan rata-rata penilaian ahli materi 94 persen, ahli bahan ajar dan pengguna 100 persen. Respon peserta didik tentang kepraktisan dan kemenarikan mencapai 96 persen dan 100 persen. Berdasarkan seluruh hasil penilaian dapat disimpulkan bahwa produk LKPD berbasis PBL sangat valid, sangat praktis ,sangat menarik, dan dapat digunakan tanpa revisi.
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Tomashevska, Antonina. "Formation of investment potential as a factor in the development of Ivano-Frankivsk UTC." Journal of Vasyl Stefanyk Precarpathian National University 7, no. 3 (November 30, 2020): 78–88. http://dx.doi.org/10.15330/jpnu.7.3.78-88.
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One of the key tasks of the current government is to develop the regions and strengthen their economic potential. One of the most important factors of economic growth is investment. For Ukraine, which is in a crisis pit, the issue of attracting foreign investments is especially important and relevant, as they have a significant impact on the economic development of the country. At the same time, the largest degradation in Ukraine today is investment activity, which is also due to the outbreak of COVID-19. Deterioration of the investment climate, the possibilities of budgets at all levels, the decline in business activity of economic entities have led to a difficult state of the investment sphere.
The article analyzes the investment attractiveness of the regions of Ukraine. A special role is focused on the factors (positive and negative) that affect the formation of the investment climate of the regions: positive - geographical location, labor resources; negative - unfavorable climate and corruption.
One of the indicators that reflects the stable economic development of certain sectors of the economy, as well as the country's economy as a whole is the investment potential of the regions. The investment and foreign economic policy of Ivano-Frankivsk UТС is analyzed, which is aimed at improving the image at the regional and international levels, promoting a significant increase in domestic and foreign investment in economic development, the implementation of active information and promotional activities.
In the city, foreign investment is about 580 million dollars. US dollars, of which almost 80 million dollars. USA - loan capital. During the study, we analyzed the largest enterprises in Ivano-Frankivsk, including foreign investment, LLC “Electrolux Ukraine”, LLC “Tyco Electronics Ukraine Limited”, SE VO “Karpaty” (Delphi project), LLC “Imperial Foods”.
The method of expert assessments indicates promising areas of business development of Ivano-Frankivsk UТС. In the course of the research we suggested ways to improve the investment attractiveness of Ivano-Frankivsk UТС.
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Lotfian Delouyi, Fahime, Seyed Hassan Ghodsypour, and Maryam Ashrafi. "Dynamic Portfolio Selection in Gas Transmission Projects Considering Sustainable Strategic Alignment and Project Interdependencies through Value Analysis." Sustainability 13, no. 10 (May 17, 2021): 5584. http://dx.doi.org/10.3390/su13105584.
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Selecting a sustainable cross-country natural gas pipeline project portfolio plays a vital role in enhancing energy security and national self-reliance. The interdependencies between projects augment the complexity of project portfolio selection. Hence, the selection must be done with sustainable strategic alignment and adjustment of ongoing projects to determine the most suitable project portfolio. This is while they have barely been addressed simultaneously in the literature. The aim of the present study is to fill in the mentioned gap by establishing an integrated framework incorporating the organization strategies, project interdependencies, and ongoing projects in the project portfolio selection problem. This presented framework uses network mapping to visualize project interdependencies and improve the quality of the resulting decision. The decision-aid approach of Measuring Attractiveness by a Categorical Based Evaluation Technique (MACBETH) was employed to tackle multi-criteria value measurement in project portfolio selection. Applicability and validity of the proposed framework were tested using the case study of the Iranian Gas Engineering and Development Company (IGEDC). The pipeline project portfolios were analyzed on the basis of experts’ opinions with regard to technical and sustainability strategic criteria (economic, environmental, and social pillars).
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Kudová, Dagmar. "The atractiveness of apple production in the Czech Republic." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 54, no. 3 (2006): 47–60. http://dx.doi.org/10.11118/actaun200654030047.
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The paper deals with evaluation of attractiveness of apple production in the Czech Republic using the Industry attractiveness evaluation matrix according to the methodology of Higgins and Vincze (1989). It identifies the key criteria for evaluation of attractiveness from five fields: market factors, competition factors, financial and economic factors, technological factors, and socio-political factors. The key criteria are described in detail and evaluated from the viewpoint of a producer operating in the apple production industry. The text comes from the papers from the field of fruit production and apple production published by Kudová (2003, 2004, 2005) and Chládková (2003). Application of these methods on other industries was applied by Žufan et al. (2001) and Tomšík, and Žufan (2004).According to the data of the Division of Perennial Plants of the Central Institutte for Supervising and Testing in Agriculture (CISTA), the number of subjects (firms and growers) operating intensive orchards reaches 1 238 on the area of 18 998 ha. In 2003 the number of subjects was 1 243 on the area of 19 514 ha. The total sales in fruit production were in decline from 1999 to 2005, and the decline of sales of apples grown in intensive orchards in 2005 was 34% in comparison with 2004. In the foreign trade, there significantly prevail imports above exports, and from 2002 to 2004 the imports of apples grew by 220%. The biggest growth of area of orchards was in 2004 – by 211 ha of mature apple-trees, which amounts only for 2% of the total area. In connection with this growth, there grew also the yield. Diversity of the market is based on varietal structure of apple-trees grown. According to the data of CISTA, the current varietal structure is not suitable and its change is very slow. Most of apples are grown in Central Bohemia, which amounts for 11% of the total area, which is more than 2000 ha. We can conclude, that even though the average market price of agricultural land is quite high – 25.76 CZK.m–2, the lands for agricultural use for market production with the area of more than 5 ha have the average price of 5.04 CZK.m–2, which is the country average of the price of agricultural land according to the value index (BPEJ).The costs of establishing an apple-tree orchard amount for CZK 409,000 to CZK 653,000 per hectare – depending on the number of trees per hectare. The average costs of attending an apple-tree orchard are CZK 75.226 per hectare (average for the period of 1998–2003). Profits in this industry are based on selling the harvest through growers-organization or to a cannery, or by storing the fruits in own warehouses (only those with a controlled atmosphere are competitive).Fruit consumption in the Czech Republic is slightly increasing from 1990, and till 2005 it grew by 12.1 kg per person per year (by 18.8%) to the current 76.5 kg per person per year. Apples have an important share on the total fruit consumption, and their consumption grows, as well. The increase in the period of 1990─2005 was 65%. European Union, and the Ministry of Agriculture of the Czech Republic through the State Agricultural Intervention Fund (SZIF) introduce a spectrum of support programmes, in which it is possible to apply for financial support. But it is necessary to emphasize, that many fruit producers are not able to get to these funds because of high administrative demands on filling-in and submitting the proposals.The attractiveness of the Czech apple production is evaluated as below-average; the resulting attractiveness score according to the Industry Attractiveness Evaluation Matrix is 2.41, which means that it is lower than the general average score (3).The paper is a part of solution of the research plan of the Faculty of Business and Economics, MUAF in Brno (No. MSM 6215648904).
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Cherusheva, G. B., and V. V. Parkhomenko. "An Econometric and Socio-Psychological Analysis of the Education Migration Processes." Statistics of Ukraine 85, no. 2 (August 22, 2019): 61–72. http://dx.doi.org/10.31767/su.2(85)2019.02.07.
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The Ukraine’s integration in the European and global education area and its implications for the academic mobility processes call for understanding the ways and prospects of modernization of the Ukraine’s strategy on exports of education services, strengthening of its position on the international market of education services, intensification of information efforts abroad aiming to convince potential students in the attractiveness of training in Ukraine and wide perspectives of the Ukrainian higher education. The article contains an analysis of the results from an empirical econometric and socio-psychological study devoted to the problems of academic mobility and education migration of Ukrainian youth and foreigners in Ukraine.
A comparative analysis of the data shows that education migration processes have similar parameters for foreign students in Ukraine and Ukrainian abroad. The data on the attractiveness of the Ukrainian education for foreign students are analyzed as part of the study, with identifying the factors with impact on the scopes of student migration. The tendency of the continually increasing interest in higher education in Ukraine, in spite of the difficulties (political and economic) faced by Ukraine, is revealed, which is confirmed by the growing numbers of both foreign students in Ukraine and the higher education institutions in which they study. An analysis of the data shows that the education in Ukraine is the most attractive for post-soviet countries. Also, the numbers of education migrants coming from Africa and Asia, in particular from India, Morocco, Nigeria, Egypt, Israel, Jordan, Turkey, and Ghana, have been stably increasing in 2013–2019.
An analysis of interviews reveals that foreign students go to study in Ukraine due to the following motives: the possibility to get high quality education (and return to a home country); low education fees compared with a home country; the optimal “price-quality” ratio etc. It was found out which specialties of the professional training drew special interest of foreign students.
It is shown that the flows of education migration of Ukrainian students to other counties tended to intensify in the latest five years. The education migration was growing year-by-year in 2013/14–2017/18. According to the official statistical data on education migration recorded for 2017/2018, the number of Ukrainians taking education course in other countries reached 76181. The most attractive countries for training of Ukrainian youth and the essential factors behind their choice of country for education are defined. The estimated cost of education programs in selected countries that are the most attractive for Ukrainian youth is analyzed as of the academic period 2017/2018.
It is found out that the prevailing motives for Ukrainians seeking education in other countries are professional and socio-cultural values: higher quality education; better training conditions; good carrier prospects; learning of foreign languages; learning about other cultures. The conducted studies that included student interviews revealed the reasons for the education migration of Ukrainians: inadequate level of professional training in domestic higher education institutions; problems with future job placement with domestic diplomas; corruption; lack of stability in the country and blurred prospects of change for the better.
The conducted study enables to highlight the problematic points of the education migration in Ukraine and outlined the essential steps to reduce the migration flow of Ukrainian youth.