THEORETICAL AND APPLIED ISSUES OF ECONOMICS最新文献

{"title":"THE ROLE OF FINANCIAL LITERACY IN UKRAINE EUROPEAN INTEGRATION PROCESSES","authors":"N. Prykaziuk, A. Savitskyi","doi":"10.17721/tppe.2022.45.16","DOIUrl":"https://doi.org/10.17721/tppe.2022.45.16","url":null,"abstract":"The article defines essence of financial literacy and its role in the Ukraine European integration processes, exposes the European experience and related domestic initiatives in the field of population's financial literacy improvement. It was established that in the process of financial literacy determining, it is important to focus not only on individual financial well-being, but also on positive socio-economic effect for the state. At the same time, the role of financial literacy during the integration processes of the state cannot be underestimated, because financial awareness, financial knowledge, skills, etc. influence people's financial behavior and financial decision-making in new conditions. It was found that the financial literacy issue is very important and critical for Ukraine strategic security. It was proven, based on a comparative analysis of the financial literacy results in Ukraine and foreign countries, that in many European countries financial literacy level needs to be significantly increased, the same as in Ukraine. The experience of implementing initiatives related to the financial literacy problems in the countries that showed the highest indicators according to OECD data (Slovenia, Germany, Austria), as well as Poland and the Czech Republic, was analyzed. It was determined that EU countries pay considerable attention to the initiatives of financial literacy increasing implementation for the population. These issues are dealt with both by the state in the form of ministries of education and regulatory bodies of the financial sphere, and by non-profit organizations, financial and educational institutions. It was argued that with process of Ukraine European integration, the implementation of various financial literacy improvement measures increased, including findings from the successful experience in EU countries. Also, regulators in the financial sphere, adopting the relevant experience from foreign countries, are developing the necessary documents that contribute to level of financial literacy increasing. It was noted, based on the comparison of the Competence Frameworks for the adult population in the EU and Ukraine, that they are quite similar and are based on the original set of basic competencies released by the OECD in 2016, and include digital financial competencies, which have been updated recently. The dynamics of indicators of the level of financial literacy from 2018 to 2021 were positive, and given the fact that the war did not stop the process of creating and implementing new initiatives in this area, there are reasons to expect further growth in the financial awareness of the Ukraine population, which will be an important step on the way integration with the countries of the European Union.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"255 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116013844","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":"WORKFORCE POTENTIAL AS AN ESSENTIAL COMPONENT IN THE DEVELOPMENT OF BUSINESS MODELS","authors":"A. Magomedova","doi":"10.17721/tppe.2021.43.2","DOIUrl":"https://doi.org/10.17721/tppe.2021.43.2","url":null,"abstract":"Business models have undergone significant transformations in recent years. All changes, both positive and negative, were largely caused by the COVID-19 pandemic and its effects. Companies have been forced to digitalise their business models while employees had to work on improving their digital skills. This paper identifies and explores the up-to-date features of a company’s business model. They are related to the innovative nature of design and development of business models; flexibility and adaptability to the dynamic conditions of the market environment; change management, the development of robust resource capacity; compliance with environmental trends and the principles of responsible consumption, and, undeniably, growing online presence. A company's business model, and in particular the level of its flexibility and adaptability to the external environment, is a core economic category that needs improvement and additional investment. Business models are complex systems. Understanding the role of each individual element in the system and the set of these elements overall is an extremely important task. Workforce is one of the essential components and a strategic resource for companies in the development of their business models. However, workforce as a key resource has the greatest value only once its potential is discovered and fully utilised. Therefore, one of the major objectives for companies today is to develop their workforce potential. This paper presents a study of workforce potential, i.e. its professional component, as an essential element for the development of a company's business model. The findings propose a set of skills, namely soft skills, which recent graduates – one of the most active groups in the job market - might lack or need in order to meet their own professional ambitions and the needs of employers today. In addition, it is concluded that the problem of worrkforce potential development requires a comprehensive approach. The paper suggests a vision of the role and participation of each stakeholder in solving the task of developing workforce potential.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123445080","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":"CONDITIONS FOR FORMATION OF EFFECTIVE EMPLOYMENT","authors":"I. Petrova, Halyna Lopushnyak","doi":"10.17721/tppe.2021.42.6","DOIUrl":"https://doi.org/10.17721/tppe.2021.42.6","url":null,"abstract":"The article presents the idea of ​​developing the concept of effective employment and creating conditions for its implementation. Under modern conditions, theoretical constructs of full and productive employment contradict the requirements of innovation and information society, do not take into account the peculiarities of modern human resources, socialization of social and labor relations, the priority of improving the quality of life. Instead, the concept of effective employment resolves this contradiction, as it covers not only the economic results of employment, but also its social effectiveness. Employment can be considered effective, when ensures the productive use of human resources and, at the same time, leads to a significant increase in the living conditions of workers.\u0000\u0000The article notes that at the moment the Ukrainian economy has a model of inefficient employment. This is evidenced by underutilization of human potential, lack of effective jobs, the presence and even growth of unemployment, the spread of informal employment, imbalances, structural and regional disparities in the labor market, increasing migratory outflows of the working population. Employment inefficiencies affect the decline in key macroeconomic indicators.\u0000\u0000The article proves the need to develop a model of effective employment and proposes measures for its practical implementation. Among the factors of building an effective employment system in the article the emphasis is on such measures as the transition to indirect, soft forms of human resource management, stimulating innovative economic development in all its spheres and activities, developing flexible forms of employment, promoting self-employment, active social policy, including, first of all, modernization of relations in the field of compensation policy.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"20 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131726899","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":"SWOT ANALYSIS OF UKRAINE'S ECONOMY RECOVERY THROUGH IMPLEMENTATION OF INDUSTRY 4.0","authors":"H. Lopushniak, I. O. Varis, O. Kravchuk","doi":"10.17721/tppe.2022.44.3","DOIUrl":"https://doi.org/10.17721/tppe.2022.44.3","url":null,"abstract":"Industry 4.0 (hereinafter - I.40) gives enterprises the possibility of having greater productivity, flexibility, and customer orientation. The challenges and problems of I4.0 are reflected in the transformation of the labour market and production industries. Today, the business environment has faced problems of reduced activity due to the introduction of martial law. However, it is necessary to find reserves for the new jobs created in the post-war period, considering the peculiarities of the labour potential of Ukraine. The purpose of the article is an analysis the development of the Ukrainian business environment in the post-war period, to identify the possibilities of introducing I4.0 components into production, and to identify its strengths and weaknesses, opportunities, and threats. The research was conducted based on empirical, logical, systemic, comparative, structural, and complex approaches, as well as using methods of formalization, the ascent from the abstract to the concrete and from the concrete to the abstract. The article discusses the development features and components of I4.0. The possibilities and obstacles to the realization of I4.0 in the post-war period in Ukraine are analysed. The strengths and weaknesses of the recovery of the Ukrainian economy through the development of I4.0 enterprises are highlighted. A matrix of SWOT analysis of the recovery of the economy of Ukraine through the implementation of I4.0 has been developed. The main stages of the application of I4.0 in business practice for the reconstruction of work after the war are summarized. The advantages of the Ukrainian post-war business environment (its strengths) and shortcomings that need to be worked on in scientific and applied aspects are determined. Discusses how I4.0 can be used to help the industry meet today's challenges. The result of the conducted analysis shows the factors of the effectiveness of the implementation of I4.0, as well as the barriers and challenges to its implementation. Recommended steps for companies on their way to I4.0 are offered. The I4.0 concept will be implemented in business practice, so organizations in knowledge-intensive industries need mechanisms for adapting activities to new conditions, which will include planning the I4.0 personnel management strategy with a clear technical understanding of its concept, providing a targeted demonstration of the necessary level of development of personnel competencies through training and professional development, which is a prospect for further research.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131915504","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":"EVOLUTION OF DIRECT FOREIGN INVESTMENT IN DIGITAL ECONOMY","authors":"V. Shevchenko, Maryna Oproshchenko","doi":"10.17721/tppe.2019.38.6","DOIUrl":"https://doi.org/10.17721/tppe.2019.38.6","url":null,"abstract":"Effects of digital economy on the forms and stimuli of foreign direct investment are examined.\u0000\u0000Since digitalization is becoming the underlying basis of a fundamentally new technological structure for economic processes, it shifts business models, strategies and decisions on international activity and foreign expansion. Digital economy disrupted conventional industries and interaction between market participants.\u0000\u0000The purpose of the article is the generalization of the theoretical foundations of digitalization as a factor in the evolution of FDI and assessment of modification of their forms at the macro and macro levels.\u0000\u0000Methodological basis of the study are general scientific tools (system analysis, deduction and induction), as well as special economic methods (statistical and correlation-regression analysis).\u0000\u0000Investment strategies of digital companies and the impact of digital economy on firms in inherently non-digital industries are disclosed. The role of digitalization for global market competition and the corresponding changes in investment strategies are revealed.\u0000\u0000Digitized firms obtain competitive advantages resulting from cost effectiveness, asset-light production and organization models and agility, which entails the surge of their market power and affects their investment activity.The study argues that the extent of digital penetration in household and business use, combined with FDI into digital sector, determine the scope of digital economy, which equals the share of the domestic value added generated by digitalized firms. Such companies have digitalization influence their investment decisions and strategies, mainly in more digitalized developed economies.\u0000\u0000Recommendations for investment policy of economic agents at the micro and macro levels, with regard of digitalization factor, are justified.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"119 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116725863","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":"PERSONNEL MANAGEMENT IN THE CREATIVE BUSINESS INDUSTRIES IN A HYBRID WAR","authors":"T. Onysenko, Mykytiuk O. Mykytiuk, N. Mysnyk","doi":"10.17721/tppe.2021.43.23","DOIUrl":"https://doi.org/10.17721/tppe.2021.43.23","url":null,"abstract":"The social context comes to the fore global development and, accordingly, the issues of the future destiny of man and the peculiarities of the space of his existence. Labour is an expression of the forces of mankind and the sacred moral duty. Without work neither the living of society nor the existence of each individual is possible. Work develops and glorifies the personality. Creativity is central to the creative industries, as it plays a role in these areas equal to the innovation in other sectors of the economy. But creativity is far enough from such industries as business and economics. During the statistical survey on the level of creativity in the workplace, I have been comparing indicators of people’s level of satisfaction in the film industry and business. Modern economic system both in developed countries and in countries of so-called catching-up development, increasingly are developing in the direction of intellectualization of the economy, the main result of which are new ideas that are commercialized in innovation, especially in the creative sphere of human activity. Results intellectual property rights are increasingly finding their way application and practical implementation in the role of the most valuable economic resource, and creativity becomes the main source economic value in a hybrid war. The development of modern society requires active transformations in the personnel management system of enterprises on the way to optimizing management systems, the effectiveness of approaches to professional development of employees, the use of innovative technologies for the formation of labor potential. That is why this article is devoted to such topical issues as the peculiarities of the application of specific methods of personnel management of creative industries, analysis of factors that have become prominent in this particular area. Great importance is attached to the digitalization of management processes in the enterprise, the main aspects of creative work are highlighted; the advantages of using creativity for personnel management in traditional spheres of production activity are considered. In turn, the modern world, along with the benefits of economic processes, pushes economic actors to new challenges related to development, innovation, technology management. Such a challenge has been the hybrid war in which Ukraine's economy has been developing for the past seven years. The article reflects the influence of various components on the formation of qualitative characteristics of the labor potential of the creative sphere.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127852782","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":"CURRENT CHALLENGES FOR UKRAINIAN BUSINESS","authors":"G. Fyliuk, Nataliіa Andreіuk","doi":"10.17721/tppe.2019.38.1","DOIUrl":"https://doi.org/10.17721/tppe.2019.38.1","url":null,"abstract":"The challenges facing Ukrainian business in new socio-economic realities were considered. It was noted that the rapid pace of globalization and migration processes and the growth of the digital economy have increased the interest in business innovation and recruitment problems. It is emphasized that current problems should be seen as challenges for the revival and further dynamic development of business. It is revealed that the main challenges for Ukrainian enterprises are: the intensification of competition, especially in foreign markets, for the use of the resource potential of national economies and for markets; increased competition at the global level for labor, especially highly skilled, which is one of the reasons for the growing shortage of personnel in the domestic market; decreasing demand in the domestic market amid rising imports; high level of corruption; underdevelopment of industrial and social infrastructure, inefficiency of logistics; lack of knowledge and innovation of business; the dynamic growth of the digital economy (digitization). Ukrainian enterprises must respond to these challenges, first of all by technological modernization of their enterprises on an innovative basis, transition to creation of new productions and new types of products; involving employees through various motivational programs, in particular by investing in training and retraining through close collaboration with educational institutions at different levels of accreditation; increasing the capacity of the internal market by increasing the scale and efficiency of the business sector, which will be accompanied by a decrease in unemployment and an increase in real incomes, and by gradual import substitution; promising areas of business diversification; active use of digital technologies in business, unique software products which will provide indisputable advantages for increase of competitiveness.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"90 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128450013","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":"DUE DILIGENCE IN A CHANGING ECONOMIC ENVIRONMENT","authors":"I. Akhnovska, V. Bolhov","doi":"10.17721/tppe.2022.44.9","DOIUrl":"https://doi.org/10.17721/tppe.2022.44.9","url":null,"abstract":"The scientific article examines modern approaches to the interpretation of the essence of the due diligence (DueD) procedure, it is clarified that scientists define DueD mostly as a comprehensive diagnosis (thorough analysis) of the enterprise's activities. It is indicated that DueD is a \"guarantee of due diligence\" and is a series of measures to form an objective view of the investment object, while such an object can be a legal entity, rights of claim, land plot or real estate object , and the degree of detail, scope of research and other criteria depend only on the goals of the initiator of the procedure. Four stages of DueD development are distinguished, namely: formation, growth, development and slowdown. The current stage, caused by the pandemic, russia's military aggression and the general economic crisis, is characterized by a slowdown in the mergers and acquisitions market and, accordingly, a slowdown in the application of the DueD procedure. The reasons for using DueD are systematized: mergers and acquisitions, changes in the structure of top management, lending, detection of violations as a result of tax audits, occurrence of labor disputes, IРO, verification of the reliability and solvency of the counterparty, assessment of the investment attractiveness of the company, equity participation, targeted financing, seizure of assets, the need to increase the efficiency of the company's activities, investments, etc. The types of DueD are characterized, namely: tax, operational, legal, marketing, financial, technical, environmental. It is indicated that three groups of specialists are mostly involved in conducting DueD: financial analysts, auditors, and lawyers. It has been proven that in order to save money, some companies carry out this procedure in-house, involving specialists from their own divisions. The advantages and disadvantages of conducting DueD by the company's own forces without the involvement of external consultants are disclosed, and the algorithm of the procedure is described from the point of view of various scientists. The purpose of the article is to clarify the essence, main types and algorithm of DueD implementation. The methodological basis of the research consists of such methods as analysis and synthesis, comparison, generalization and a systematic approach.","PeriodicalId":200033,"journal":{"name":"THEORETICAL AND APPLIED ISSUES OF ECONOMICS","volume":"450 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125803303","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}