• 제목/요약/키워드: level of economic development

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Anti-Crisis Management In The System Of Economic Security Of International Business

  • Blakyta, H.V.;Zubko, T.L.;Zhuk, O.S.;Kasianova, A.O.;Guliaieva, N.M.;Vavdiichyk, I.M.
    • International Journal of Computer Science & Network Security
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    • 제22권8호
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    • pp.269-274
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    • 2022
  • Economy of Ukraine is characterized by the rapidly increased level of financial failures at a corporate level. Conditions of doing business in Ukraine become tighter year after year and it should motivate the business owners not only to watch more accurately the state in which their business is but also to introduce new, more precise, more tight systems of crisis management and economic security. The experience shows that in order to stay afloat and not to suffer losses companies should pay more attention to different areas of economic security, such as production potential, financial indicators, logistics, staff, etc. For this purpose companies should use a system of valuation of the most important for their activity indicators and transform their values in an integral one in order to use this assessment in making managerial decisions. Such a valuation is one of the components which the article presents. The article also reveals the key points which characterize crisis management as an integral part of enterprise development and economic security. There are specified the essence and problems of crisis management and proposed the ways of raising the level of economic security of a company based on the example of an industrial and commercial enterprise. The key focus of the enterprise's economic security management is defined as constructive responses to threats from the external environment and, as a result, ensuring stable functioning and effective realization of untapped potential in the future. The current assumption is to explain the scheme of strategic management of an industrial and commercial enterprise and to calculate the methodology of an express assessment of the level of enterprise economic security, taking into account the components of crisis management. To assess the level of economic security of the enterprise, it is proposed to use the method of point assessment, which is based on a multi-level system of indicators, which covers the main areas of the enterprise's activity.

Efficiency of Innovative Development Management: Interstate Assessment of the Economic Competitiveness in the Context of European Integration and Economic Security

  • Khodakivska, Olga;Ramos, Olena Ribeiro;Nechyporenko, Oleksandr;Tsiutsiupa, Svitlana;Krasnoshtan, Olexander;Mayovets, Yaryna
    • International Journal of Computer Science & Network Security
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    • 제21권11호
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    • pp.67-72
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    • 2021
  • The article identifies areas for effective management of innovative development. The competitiveness of the economy in the context of European integration and economic security is assessed. The level of innovative economy of some countries of the world is analyzed. The issue of attracting foreign investors to stimulate innovative production in Ukraine is raised. It is identified the need for the formation of an updated state policy capable of providing innovative development and improving the competitive position of the state in international rankings. Emphasis is placed on the need to form a critical mass of managers-civil servants capable of developing, implementing and monitoring the policy of innovative development of entrepreneurship.

Globalization and Industrial Development: The Nigerian Perspective

  • Adefolaju, Toyin
    • 동아시아경상학회지
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    • 제5권1호
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    • pp.1-9
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    • 2017
  • Nigeria like many other developing countries' eagerness to accelerate socio-economic development has prompted her to adopt several approaches over the years since independence. These have ranged from the import substitution scheme, the indigenisation policy, and structural adjustment programme to the national economic empowerment development strategy. Nigeria has sought to widen her economic base by engaging in increased cross-border trade and investment activities. This is with a view to spurring the process of industrialization and ultimately lowering the level of poverty in the country. This has led to the formulation of various industrial policies and processes, all geared towards integration into the world economy. Using secondary sources, this paper seeks to analyze Nigeria's journey towards industrial development especially within the context of globalization. It concludes by explaining the impact of the new economic paradigm on the country's quest to industrialize and recommends alternative path towards development and growth.

Role of Large Firms in Countries on the Road to High-income Countries and Avoiding the High-income Trap

  • Shanji Xin;Xu Jin;Furong Jin
    • International Journal of Advanced Culture Technology
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    • 제12권2호
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    • pp.51-61
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    • 2024
  • This study analyzes and compares the roles and significance of large firms in economic growth by differentiating developmental stages. The focus is on both the role of big businesses on the road from middle- to high-income countries and the performance in their economies. By classifying the top 30 nonfinancial firms into their origin countries, we have constructed a country-level data basis covering 33 countries ranging from middle- to high-income economies for the 2001 to 2017 period. We conduct fixed effect estimation. Empirical results show that capital-intensive big businesses would be more predominant in developed economies. In terms of policy implications, the results suggest that if policymakers want to optimize the role of big businesses in economic growth, policymakers need to distinguish the income level. Policymakers also need to adjust the size distribution of firms moderately ahead of time to create the size distribution of firms needed to take the economy to the next level.

The Role of Digital Zakat Towards Economic Development at Slums in Indonesia

  • UTAMI, Pertiwi;Basrowi, Basrowi;NASOR, Muhammad
    • Asian Journal of Business Environment
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    • 제11권3호
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    • pp.45-51
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    • 2021
  • Purpose: The purpose of this study is to reveal that digital Zakat has a role in economic development. Even when disasters hit densely populated areas in big cities, Zakat is distributed quickly and precisely. Research design, data, and methodology: This study uses literature studies with an approach to Islamic economics and sociology of society. The authenticity of this research is about the potential role of digital Zakat which can create sustainable economic development in slums. Result: The results of the study concluded that economic development in slums could be carried out if it collaborated with Zakat institutions which were carried out in several stages. The existence of sustainable solidarity is a serious threat in the effort to achieve development goals and this is very regrettable by almost everyone because it can increase economic inequality. Conclusion: Strategy development is obtained from empirical evidence, the construction of slums that have been carried out by other countries in various parts of the world who also have the same problem. Although statistically not analyzed the relationship between the potential for Zakat and the level of welfare of densely populated settlements, theoretically digital Zakat can be one of the pillars to achieve community welfare through the distribution of Zakat.

교육투자의 한계효용에 관한 이론적 고찰 (A Study on the Marginal Efficiency of Educational Investment)

  • 이귀환
    • 산업경영시스템학회지
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    • 제1권1호
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    • pp.11-26
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    • 1978
  • Economic development is usually identified with the increased of G.N.P and capital formation connected directly wi:11 the net increase of land, structure, commodity, stocks and foreign claims, etc. The increase of G.N.P. is driving at capital formation. The usual concept of capital formation for economic development misses the important productivity factor of human capital. Because it is now increasingly realized that a massive injection of material into production will 11 not necessarily explain a successful productivity unless that country already possesses 1 suitable human capital. Human capital is built of educational investment which is related to the physical capital. Many statistical investigations identified this reality. Of late years, a great crowd of economists studying an the problem of economic development have turned their attention towards human capital. Thereupon, this paper has dealt with the fact that educational investment affects physical capital and employment. The qualitative increment of human capital will increase the productivity but excessive expenditure on human capital will squander a physical capital. In designing a strategy of human capital for economic development, one needs to consider tile level of educational investment because educational investment of developing countries will be accasionaly made or marred by investment level and direction.

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인천 경제자유구역이 인천시 자치구(군)간 지역불균형에 미치는 영향분석 (The Impact of the Incheon Free Economic Zones on Regional Disparities in Incheon)

  • 김보라;최진무
    • 한국경제지리학회지
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    • 제17권1호
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    • pp.86-97
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    • 2014
  • 인천 경제자유구역은 2003년 우리나라에서 처음 지정된 경제자유구역으로서, 3개 지구 즉, 송도, 청라, 영종지구를 포함한다. 기존연구에서는 경제자유구역에 대해 국가경제적인 차원에서의 경제자유구역 활성화 방안이나 외자투자유치 문제점 등이 주요 논점으로 연구되었다. 그러나 경제자유구역 개발로 인한 지역경제와의 연관성이나 배후지와의 연계발전, 지역균형발전 등의 관점에서의 연구는 현재까지 미비한 실정이다. 이에 본 연구는 인천 경제자유구역 법률제정(2003년)을 기점으로 전기(1996~2002년)와 후기(2003~2009년) 총 14년 동안의 인천시 자치구(군)간의 지역불균형의 원인과 특성을 분석하여 인천 경제자유구역이 인천시 지역불균형에 미치는 영향을 연구하고자 하였다. 그 결과 인천 경제자유구역 개발이 지역경제 활성화와 구도심 파급효과로 연결되지 못하고 있음을 알 수 있었으며, 경제자유구역 내 대규모 아파트건설이나 기반시설건설은 구도심과의 불균형을 더욱 커지게 하고 있는 것으로 분석되었다.

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The Human Capital as a Factor of Competitiveness and Economic Development

  • Chulanova, Zaure K.
    • Asian Journal of Business Environment
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    • 제7권3호
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    • pp.23-31
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    • 2017
  • Purpose - The purpose of this paper is to rationale the new approach to analysis of the human capital as a factor of effective development of a national economy and increase the level of country's competitiveness. Research design, data, and methodology - This research aims the furthest development of the conception in human capital formation. The study made on the base of the methods with scientific classification and systematization, that is, comparative, statistical analysis, economic-mathematic method, and expert assessment and ratings. Results - This research attempted to measure the correlation between the human capital elements and the level of country's competitiveness. The study revealed that formation of the competitive human capital cannot be considered in separation from the development and modernization of education system, the improvement of employment sphere, and the creation of effective interaction between them through the system of professional skills. Conclusions - The competitive human capital formation is one of the most important goals in the innovative economy construction and modern development, and it is also indispensable subject. Especially in the condition of economic crises, the necessity of formation and development of the effective human capital is considerably increasing. Realization of this task requires the development and stimulation of all the factors influencing the growing human potential.

Analysis of the Input of Education and Innovation on Economic Growth in Kazakhstan

  • KIREYEVA, Anel A.;KUANDYK, Zhassulan;KREDINA, Anna A.;KANGALAKOVA, Dana;DOSZHAN, Raigul
    • 유통과학연구
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    • 제21권1호
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    • pp.23-31
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    • 2023
  • Purpose: this study is aimed at assessing the contribution of education and innovation to the economic growth of Kazakhstan, the correlation between them is checked based on two levels on a national scale and a regional scale. Based on the literature review, it was revealed that in the vastness of the scientific community, there are many views concerning the influence of educational and innovative factors on economic growth. Research design, data and methodology: the research methodology is divided into two levels, at the first level, a correlation analysis is carried out between key factors and the economic growth of the country (GDP), at the second level, the same factors are analyzed, but the impact on the economic growth of the region (GRP) is estimated. Statistical data on educational and innovation potential is taken from the Bureau of National Statistics for the period 2003-2021. Results: in this study, it was revealed that the economic development of regions could be influenced by such indicators that cannot affect the entire state in aggregate and vice versa. In addition, the correlation analysis results showed that investments in innovations affect economic growth at the country and the regional level. Conclusions: based on the results of the assessment of educational and innovative potential, policy recommendations and further research in this area were proposed.

Clustering Patterns in the Manufacturing Sectors of Japan

  • Carvajal, Carlos A.;Watanabe, Chihiro
    • 기술혁신연구
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    • 제12권2호
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    • pp.99-126
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    • 2004
  • Japan's economic clusters are characterized by their high level of diversity. In essence, Japanese economic clusters are not limited to single industries; they comprise numerous manufacturing industries and firms which cluster in specific heterogeneous economic zones, vice political boundaries. Japanese manufacturing sectors are showing an increased level of diversity, resulting in the spread of experience and knowledge among clusters, and sustained growth at the point of industrial structural transformation. Japan's Ministry of Education, Culture, Sports, Science and Technology (MEXT) proposed the creation of intellectual clusters for the purpose of promoting research and development(R&D) activities resulting in the stimulation and development of new technologies. The Ministry of Economy Trade and Industry (METI) is also proposing the industrial cluster plan with the aim to promote the local rebirth and revitalization of the Japanese industrial sector. This paper proposes a methodological analysis which will result in the integration of the two policies currently implemented by the Japanese government. If the current policies are not coordinated and integrated, artificial firms and sectors will continue to hamper innovation and discourage competitiveness, which will ultimately result in Japan's loss of economic opportunities within Asia. In the worst case, failure to act on current economic deficiencies illuminated in this paper could cost Japan its position as an Asian economic leader.

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