{"title":"FUNDAMENTAL CONCEPTS OF ECONOMIC GROWTH IN INSTITUTIONAL THEORY","authors":"V. Vydobora","doi":"10.33987/vsed.3-4(78-79).2021.9-18","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.9-18","url":null,"abstract":"The theoretical and practical aspects of fundamental concepts of economic growth in institutional theory are investigated in the article. The aim of article is to study the fundamental concepts of economic growth, which formed by representatives of the institutional direction of economic theory, in the context of the possibility of their application in shaping the country’s economic growth policy in modern economic conditions. The research was carried out with using \u0000 \u0000the historical-genetic method, ascent from the abstract to the concrete, as well as methods of deduction and induction, generalization method. An analysis of the genesis of economic growth institutional theories, which were aimed at explaining socio-economic phenomena that could not be grasped by the methods of classical, Keynesian and neoclassical theory are made. The general ideological principles of institutionalism, which consist in the fact that economic growth is determined by a set of rules that form the conditions of social production, are revealed. It was clarified that the institutional theory of economic growth involves the analysis of economic phenomena through the prism of non-economic factors – rules, norms, procedures, that regulate the processes of economic change and affect the behavior of economic entities. It is determined that modern concepts of institutionalism in the abstract sense converge on the need for effective political and legal institutions forming, in particular, the establishment and protection of property rights, state policy of protectionism and industrialization, social influence, etc., which are in synthesis with capitalist base, market and state regulation are form the basis of state’s economic growth. The practical value is the substantiation of rationale for the feasibility of applying institutional concepts of economic growth in the process of forming the state economic policy, given that they determine the general principles of economic systems, taking into account multiple socio-economic and ideological factors.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"379 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120877503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"MANAGEMENT OF PRODUCTION AND SALE OF GRAIN AND PRODUCTS OF ITS PROCESSING IN THE CONTEXT OF MAXIMIZING VALUE ADDED","authors":"Oleksandr Svitovyi","doi":"10.33987/vsed.3-4(78-79).2021.66-80","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.66-80","url":null,"abstract":"The article analyzes the current state of production of grain and the main products of its processing. It is determined that the production of grain in Ukraine for the period 2000–2020 years has grown in 2.7 times, significantly increased the volume of grain processing for non-food purposes – in 10.4 times. Indicator of profitability of grain production tends to decline, despite the fact that the average selling price has increased by 10.8 times. The main factors influencing the value of production costs and the level of profitability of grain products were determined. The subject of the research is theoretical-methodological and organizational-economic bases of management of production and sale of grain as well as grain products and creation of value added. The purpose of the article is to analyze the market of grain products, study the factors affecting the profitability of their production, and develop practical recommendations for improving the management of production and marketing of grain and its products in the context of maximizing the value added. The main methods of research – comparison, generalization, analysis and synthesis, abstract-logical. It is established that the gross value added in the sectors of production and processing of grain includes the following main elements: wages with accruals, rent (rent), depreciation charges, interest on capital and profit. The volume and structure of grain products exported as raw materials, as well as products with high value added, are also considered. The main factors influencing the profitability of grain production and processing were investigated. It was proved that the most part of value added is created in the branches processing grain and producing ready products. The necessity to increase the production of grain products with high value added was noted. It is indicated that horizontal and vertical integration between grain producers and processing enterprises is important for obtaining maximum profits from the sale of grain and its processed products. Significant role in formation of added value is played by state regulation of this process. To increase the amount of value added, special attention should also be paid to expanding the range of finished grain products and supply more processed products and finished grain products for export. A general scheme of value added management in the production and also grain processing and the added value formation in the export of these products is proposed. Forecast indicators of grain production and some products of its processing are substantiated.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"109 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126982149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THEORETICAL FUNDAMENTALS OF STRATEGY AND STRATEGIC MANAGEMENT IN BANKING SPHERE","authors":"Mariia Cherkasova","doi":"10.33987/vsed.3-4(78-79).2021.132-141","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.132-141","url":null,"abstract":"The article investigates the theoretical foundations of strategy formation. The role of strategic planning in ensuring the sustainable development of the modern banking system in conditions of increased competition is determined. The aim of the article is the substantiation of the theoretical foundations of strategy and strategic management, taking into account the specifics of banking activities, as well as to search for modern strategic management mechanisms of banking institutions for ensure their effective operation. Theoretical approaches to the definition of the of «strategy» concept by representatives of conceptual, practical, systemic, integrated approaches are analyzed. Based on the generalization of scientific concepts and definitions, the essence and main task of the strategy are investigated. The peculiarities of the strategy modern interpretation in the banking institutions activities are considered, taking into account macroeconomic instability and fast-paced changes in the external environment. The main types of strategies that are used in the strategic management of banking structures are determined: financial, marketing, information technology, personnel management strategy. The concept of «strategic management» is generalized, its place and role in the development of banking institutions are determined. The constituent elements of the bank’s strategic management system are considered and the peculiarities of the modern strategic management of the banking system are determined. It is substantiated that exactly the strategy is a key element of the bank’s strategic management system in the conditions of market economy transformation. The newest methodological concept of the strategic management of banking institutions is considered. It is determined that the majority of Ukrainian banks do not use modern forms and methods of management at the strategic level. It is proposed to introduce modern strategic management mechanisms into the banking institutions activities to improve their efficiency in the process of banking system digitalization.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"96 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115223143","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE ROLE AND ESSENCE OF MONEY IN DIFFERENT WAYS OF ORGANIZING THE ECONOMY","authors":"Oleksandr Syrchyn","doi":"10.33987/vsed.3-4(78-79).2021.122-131","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.122-131","url":null,"abstract":"The subject of the study is the role and essence of money in organization of the modern economy. The aim of this article is to consider the role and essence of money from the standpoint of accumulated scientific knowledge within the framework of various directions of the money theory. The methodological basis of the study is a systematic approach that considers society as a whole, and the economy as part of social life. It is substantiated that the sphere of demand (consumption) has no restrictions, and the sphere of production is limited in its capabilities. For the organization of a limited sphere of production, as the coordination of the actions of specialized workers, a certain method of management is required. A scientific and practical approach to understanding the role and essence of money in modern conditions is proposed. As a result of the study, it is shown that there are three ways to organize the economy: subsistence economy, planned-monopoly economy and market economy. The modern economy is determined as a mixed one, where three ways of organizing it are mixed in different proportions (in an individual proportion for each country in the world). It has been proven that money fully fulfills its role (functions as an integral element of systemic structure of the economy) only within the framework of a market economy, since they have two characteristics of a commodity and are themselves specialized commodity. In this context, the definition of money is proposed as a special commodity that reflects the total social demand – effective demand. The consequence of proposed approach was selection of a number of money attributes, such as: informational and symbolic nature of money; trust in the information symbol as a basis for existence of money; the ability of money as information to arise and be destroyed, etc. The practical value of proposed approach lies in the possibility of forming a monetary policy adequate to the real economy.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114707581","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"TREASURY FORM OF BUDGETS SERVICING OF UKRAINE IN THE CONTEXT OF ENSURING A BALANCED FINANCIAL POLICY","authors":"V. Polishchuk","doi":"10.33987/vsed.3-4(78-79).2021.108-121","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.108-121","url":null,"abstract":"The article investigates the main problems of the treasury system of the execution of state and local budgets. The subject of the study is the treasury service of state and local budgets in the context of ensuring a balanced financial policy. The goal is to study how much the treasury service of budgets in Ukraine has changed over the past years. It is also worth to offer possible ways to improve the treasury service of budgets of different levels in the context of providing balanced financial policies. The study methodology involves the use of the following methods of empirical research methods (observation, comparison), methods of theoretical research (climbing from abstract to concrete), general methods used both on empirical and theoretical level of research (abstraction and concretization, analysis, synthesis, induction, deduction, analogy) and others. The systematization of literary sources and approaches to the treasury form of service of the budgets of Ukraine in the context of ensuring a balanced financial policy showed that most domestic scientists who dealt with this issue were considered separate areas of service of budgets. The relevance of solving this scientific problem is that the treasury form of service of the budgets of Ukraine is mainly considered technically, which in many cases does not allow it to apply it in the context of providing balanced financial policies as an effective tool for implementing the state policy. The results of the study are: the theoretical approach to the issues of treasury maintenance of budgets of different levels is considered; the interaction of the bodies of the State Treasury of Ukraine with budget funds and in the context of decentralization of power is investigated; the implementation of revenues and social expenditures of the State Budget of Ukraine is analyzed. The originality of the study, and this is its practical value, it has been proposed to improve the control over the expenditure of budget funds and the modernization of the qualitative level of service by the state treasury authorities. Research conclusions are as follows: empirically confirmed and theoretically proved that the existing prospects for improving the treasury form of service of the budgets of Ukraine in the context of ensuring a balanced financial policy. The results of the study may be useful for financiers-practitioners, representatives of academic circles, students, all who are interested in treasury budget service.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134253370","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE ROLE AND OBJECTIVES OF MARKETING IN THE CONTEXT OF CIRCULAR ECONOMY DEVELOPMENT","authors":"Y. Robul","doi":"10.33987/vsed.3-4(78-79).2021.54-65","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.54-65","url":null,"abstract":"The article considers the role and place of marketing in the socio-economic system, which operates on the principles of a circular economy. The need for a systematic consideration of marketing at the national economy level with involvement of macromarketing categories and concepts is shown. Accordingly, marketing should be considered at two levels: policy at the individual organization level and marketing system level. The subject, object, and tasks of macromarketing in connection with the needs of the circular economy are determined. It is shown that under the influence of Industry 4.0, the uncontrolled development of marketing systems creates risks of inefficient use of resources, non-responsible consumption, and growth of digital inequality, which contradicts of the circular economy goals. In this regard, it is proposed to consider educational programs of responsible consumption and corporate social responsibility policies at the organizations level as tools for ensuring circularity in marketing. The relationship between the use of digital marketing and the requirements for energy saving and energy efficiency is indicated, therefore the widespread introduction of digital marketing is considered as an important step towards ensuring the functioning of the circular economy. It has been proven that the active use of digital technologies in marketing should also lead to an increase in the economic efficiency of organizations and the national economy functioning as a whole in order to ensure the technological innovations necessary for a circular economy. Due to the risk of digital inequality associated with it, deindustrialization, falling household incomes and degradation of the domestic market, and the need to ensure an innovative development trajectory, it is proposed to consider marketing not only as an element of the consumer, but also the innovative subsystem of society. A marketing model is proposed that meets the requirements of a circular economy development in the process of Industry 4.0 developing. Directions for changing/expanding theoretical and methodological approaches to marketing are formulated in accordance with the proposed model.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122092791","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"SYSTEMATIZATION OF EXTERNAL ENVIRONMENT ELEMENTS OF HIGHER EDUCATION INSTITUTIONS","authors":"O. Lomonosova","doi":"10.33987/vsed.3-4(78-79).2021.30-53","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.30-53","url":null,"abstract":"The current scientific and methodological approaches to structuring the factors of the external environment of organizations, including higher education institutions, are examined in the given article. There have been created four specifications for each of the selected levels (micro-, macro-, meso- and mega-environment), utilizing the system-structural analysis and generalization of the approaches proposed in the scientific literature to the external environment elements system formation. All of them are designed for higher education institutions. Each of the specifications includes the maximum possible set of ordered elements, which at the microenvironment level are represented by entities combined into homogeneous groups, and at all other levels are represented by factors. Factors are distributed at each environment level between seven areas (regulatory, economic, demographic, scientific and technical, political, socio-cultural, and environmental). The need to separate normative-legal and demographic factors because they influence higher education institutions has been substantiated. The composition of scientific and technical factors is specified and their grouping is proposed. The specifications are considered as reference, which, acting as a basic (benchmark) system for practical work to determine the basic elements from which each higher education institution can select the necessary elements according to their tasks and functional features. The elements of the external environment at any level can be detailed, integrated and regrouped. At all levels of the environment within each area, the factors are arranged according to a single principle, as a result of which all specifications in each area contain identical factors.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130122280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"MATHEMATICAL MODEL CONSTRUCTION OF TRANSPORT SYSTEMS OPERATION PROCESSES USING FUZZY LOGIC METHODS","authors":"L. Kozachok, A. Kozachok","doi":"10.33987/vsed.3-4(78-79).2021.98-106","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.98-106","url":null,"abstract":"The article emphasizes that the improvement of management, finding and using of new methods of work optimization on the routes of urban passenger transport are the main tasks of organizing route transportation in the considered transport systems. The search for these methods is aimed at the rational use of resources, vehicles, to meet the needs of the population in travel and improve the quality of service in the implementation of passenger traffic. To ensure optimal management of work on the route of urban passenger transport, we will take as a goal the construction of a timetable for the movement of vehicles on the route, namely the creation of schedules for the release of transport and rational organization of work. The creation of these schedules takes into account the effective using use of the car fleet of enterprises, ensuring the safety of passenger transportation, and reducing the cost of services for the population. In this article, the study of passenger traffic on a certain section of the transport network and the operation of the route on it are considered using fuzzy logical methods, which gives the result of the consideration of service time minimization and maximum level of passenger satisfaction with the use of transport. In this case, the mechanism of working with inaccurate concepts in the process of finding a solution is implementing, we can imagine the input data as fuzzy sets on which logical actions are carried out. In this study, the numerical expression of the degree of satisfaction of passenger’s needs is chosen by the function of belonging to several time intervals, which is selected by the target function of finding the optimal schedule in these time intervals. The search for a solution takes into account the system of restrictions that apply to the time intervals of vehicles using. At the same time, the criterion of optimality reflects the cost of the schedule working, which includes the cost of operating time of vehicles and the cost of waiting time for passengers when traveling along the route.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130921572","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THEORETICAL FOUNDATIONS FOR CREATING A HOUSING AND CONSTRUCTION CLUSTER IN THE REGION AND EVALUATION OF ITS EFFICIENCY","authors":"S. Tereshchenko, A. Avramenko","doi":"10.33987/vsed.3-4(78-79).2021.160-172","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.160-172","url":null,"abstract":"The article considers the issue of creating a regional housing and construction cluster in order to find effective approaches to increasing of enterprises competitiveness in this industry and implementation of relevant innovation priorities that will increase domestic and international competitiveness of its members through commercial and non-commercial cooperation, scientific research and innovation, education, training and political support activities. Using the cluster analysis method, studies of the interdependence between the volume of completed construction work and capital investments were carried out. The Regional target program for supporting individual housing construction «Own House» for 2019–2020 was analyzed in order to identify sources of support for local authorities to create a regional housing and construction cluster. In accordance with the conditions of the cluster policy implementation, five fundamental characteristics are proposed, namely: the presence of competitive enterprises; availability of competitive advantages in the region for cluster development; growth of economic indicators of the industry; a wide range of participants; the presence of links between all participants in the clusters, which made it possible to propose calculating the economic efficiency of clusters. To support and develop modern integration systems and their integral part of cluster structures and systems of inter-cluster interaction of business networks, we propose to create a commission at the Verkhovna Rada of Ukraine to develop integration socio-economic structures (industrial, science and technology and business parks, free economic zones and special zones of economic and technological development, high-test parks), which should ensure the development of the necessary legislation and provide new structures with the necessary rights and benefits for development.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126135771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THEORETICAL FOUNDATIONS AND SIGNIFICANCE OF CREATIVE ECONOMY IN MODERN CONDITIONS","authors":"Marina Kryvtsova","doi":"10.33987/vsed.3-4(78-79).2021.82-96","DOIUrl":"https://doi.org/10.33987/vsed.3-4(78-79).2021.82-96","url":null,"abstract":"The aim of the article is to study the theoretical aspects of creative economy concept formation, to determine approaches to the study of creative economy as a systemic phenomenon and its significance for economic development. To achieve these goals, the following general scientific methods were used: analysis, synthesis, systematization, theoretical generalization, abstraction and analogy. Different approaches to the study of creative economy as a systemic phenomenon (new concept, system of specific socio-economic relations, part of the world economy or a specific industry, driver of economic growth, human-oriented approach) are analyzed. The creative economy is considered in the context of ensuring possibilities its development by the carriers of human potential, on which its formats, efficiency, rates of formation and scaling directly depend. The attention is focused on the place of human potential in the system of creative economy formation. Creative components of human potential (knowledge, experience, innovation) are determined. The author’s definition of the «creative economy» concept is formulated on the basis of the creative component of human potential usіng and the results of creative activity (new technologies, innovations, information, knowledge). Modern approaches to the definition of creative industries and their composition (a set of certain types of economic activity, a set of certain professions, a creative city, part of the economic system) are considered. It is determined that the attribution of different industries to creative industries in different countries and international organizations creates obstacles to the development and formation of a single mechanism for using creative industries as a tool of state and regional economic growth, therefore, it is important to develop a unified methodological approach to their distribution according to the share of the creative component. The practical significance lies in the fact that the main features for determining the creative component in different types of economic activity are formulated.","PeriodicalId":102651,"journal":{"name":"Socio-Economic Research Bulletin","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116675678","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}