bluuebunny/crossref_metadata_2025 huggingface dataset:
Peculiarities of Formation and Development of Mechanisms for Food Provision of Region
Authors:   Odesa National Academy of Food Technology, Kordzaia N. R.
Published: February 2021

The article examines the food provision, which is an important indicator of the quality of socio-economic development of a territory (region) in the daily consumption of food products by the population, strengthening the food security of the country. The conditions of administrative-territorial reform aimed at transferring powers from central authorities to local authorities have significantly changed the system of food provision of territories, which forms the level of integrity in terms of food security of the country. The changes have also affected the centralized food provision system through the transfer of novel principles from the State level to the regional level. A balanced and effective system of providing the population with food affects the quality of its life, economic security of the State, its regions, competitiveness of Ukrainian agrarian industry world-wide, including in the European markets. The measures developed in order to implement the targeted tasks of the Food Security Strategy of the Regions are planned for the period of 3-5 years. A structural-logical scheme of the organizational-economic mechanism for food provision of region is proposed as a set of economic, technological and organizational measures carried out by the State and other market actors at the level of both the country and the regions to meet the needs of the population with food products, regulating the sale of agricultural products, its processing, guarantees of improvement of quality and security of food products and their price availability. The author examines the main directions of implementation of the mechanism for food provision of region, which are the following: ensuring sustainable growth of production, availability of products for consumers; exchange of agricultural products; formation of a mechanism for regulatory influence on production, trade in agricultural products (national and regional levels); association of small farms within the regions; introduction of guaranteed minimum purchase prices (high profitability of production); improving the level of product quality, introduction of ecological norms to stimulate the production, producing and selling of environmentally friendly foods.
Formation of Tourist Image of the City as a Strategic Direction of Development of Territory Marketing
Authors:   O. M. Beketov National University of Urban Economy in Kharkiv, Obolentseva L. V.
Published: February 2021

The article is aimed at forming the tourist image of the city as a strategic direction of development of territory marketing. The article proves that a strong and positive image of the city is considered to be the effective and efficient mechanism allowing to fight for limited resources, competitive advantages and high competitiveness, representing a holistic set of characteristics, combining unique and original features of the city, as well as figurative ideas or perceptions that makes it possible for consumers, tourists, investors to distinguish and identify the city from among many other. The structure of the city’s potential, i. e., its economic, political, social and environmental components, on which the image of the territory is based, is provided. In the research, the existing instruments for creating and promoting a territorial image that can be used in both external and internal communications are proposed to be classified according to the four-component image structure, which includes conceptual, active, personal and attributive components. Studying the currently established image of the city and getting an idea of what position it occupies in the minds of target groups is an exceptionally important stage in the planning of urban marketing. Studying the image of the city is anything but easy task. That is why the article suggests to use an aggregate of different approaches, methods and specific tools in order to study the entire complex and multi-aspect nature of the image of the city of Kharkiv. An evaluation of such kind is needed in order to develop an algorithm for strategic management of the image of the territory. Whereas a positive and properly constructed relevant image can act as one of the instruments for attracting investments aimed at developing the territory and achieving the goals of the city development.
The Conceptual Principles of Improving the Management of the Gas Production Complex of Ukraine on the Bases of the Experience of Leading Oil and Gas Companies
Authors:   Ivano-Frankivsk National Technical University of Oil and Gas, Andriishyn N. M.
Published: February 2021

The main directions of improvement of the gas production complex management and the role of individual factors affecting the efficiency of its activities are determined. Taking into account that the oil and gas complex is a system of enterprises and organizations for various functional purposes, united to meet the needs of consumers in provision of natural gas, on the example of improving the organizational structure and management system of NK «YUKOS», all stages of its transformation into a world–class oil company are considered. Recommendations on the use of positive experience in Ukraine are provided. It is shown what achievements of NK «YUKOS» have already been taken into account in the reform of the management system of JSC «Ukrgasvydobuvannya», – in particular, today it is conditionally represented by three large sectors: upstream, midstream and downstream. The upstream sector includes the search for potential underground or underwater natural gas fields, drilling of exploration wells, drilling and operation of the wells extracting unprocessed natural «wet» gas; the midstream sector provides transportation (pipelines, railways, barges, oil trucks or regular trucks), storage and wholesale of gas, while networks of natural gas pipelines aggregate gas from natural gas purification stations and deliver it to consumers – local utilities; the downstream sector usually refers to the processing and purification of natural gas, crude oil, as well as the sale and distribution of products derived from natural gas and crude oil. Distribution by sector in gas production allows to classify fixed assets in accordance with the above–mentioned sectors: drilling rigs, offshore drilling platforms, well repair machines, software for geological exploration and geophysical research – upstream; well plumes, inter–industrial gas pipelines, condensate pipelines, oil pipelines, booster compressor stations, equipment for the complex gas preparation – midstream; gas processing and oil refineries, petrol stations – downstream. Much attention is paid to the development of the intellectual potential of the gas production complex, as it ensures both the successful development of production and the formation of effective management of the company.
The Sources and Resources of Investment Activities of Personal Peasant Farms
Authors:   Mukachevo State Unіversity, Molnar G. T.
Published: February 2021

The article analyzes the status of investment activity of personal peasant farms (PPFs). Investment is one of the most important factors in the development of the economy. Especially of great importance are investments aimed at the development of agricultural production, because on its development depend the development of all other sectors of the economy, accelerating the processes of reproduction and increasing its efficiency. It is proved that the investment activity of the PPFs is unsatisfactory, investment processes are insignificant, and the sources of allocation of resources are irrational. The sources of investment provision of personal peasant farms have been identified. It is concluded that internal sources of financing of PPFs, which consist of: income from economic activity, related types of activities, provision of services, lease of land plots, pensions, wages, scholarships of members of the PPFs, funds from the sale of property, rent for land plots, interests on deposit investments, insurance payments from reimbursement of losses, previously accumulated savings, etc., are not sufficient. Therefore, we need to look for opportunities to provide resources for external sources of funding. The key role here should be played by the State. It is necessary to develop an effective mechanism for attracting and implementing investment support from the part of the State, as well as external and internal investments, along with joint projects.
Developing the Grain Economy Potential as the Basis of Competitiveness of the Agrarian Economy of Region
Authors:   Berezhany Agrotechnical College, Solovei I. S. , Solovey І. M. ,   Berezhany Agrotechnical Institute
Published: February 2021

The article explores the development of the potential of grain economy of Podillya economic region; outlines a range of topical issues related to organizational and economic principles of increasing the level of competitiveness of the grain sector of the region and improving the economic-financial results; analyzes the current status of grain production in the region; identifies the reasons for the low level of development of the industry. The tendency of increasing grain production in Podillya economic region, which occurred mainly due to increased yield of grain and leguminous crops, is identified. The yield indicators in the region are higher than average yield indicators in Ukraine. On the basis of the carried out research, ways to increase the economic efficiency of grain production in the region are proposed. It is found out that further development and effective functioning of grain producing enterprises in the region, as well as in Ukraine in general, depend on: substantiation of organizational-economic principles of their development; creation of proper legal and regulatory frameworks; efficient use of available resources; increasing the level of fund supply and the capital-labor ratio on an innovative basis; use of innovative resource-saving technologies of grain cultivation and storage; concentration and intensification of grain cultivation; implementation of effective and flexible financial, credit and tax policies; protection and support of domestic producers; formation of a full-fledged infrastructure of the agrarian market. Prospect of further research in this direction is the analysis of the development of the potential of the grain economy of the region and increasing its competitiveness.
Institutional Environment of Inclusive Development of Agroholdings
Authors:   Odesa National Academy of Food Technology, Pavlov A. I. , Didukh S. M. ,   Odesa National Academy of Food Technology, Barvinenko V. D. ,   Odesa National Academy of Food Technology
Published: February 2021

Launched in 2015, the reform of decentralization of power and governance has led to the formation of amalgamated territorial hromadas (ATHs) and establishing the new districts as relevant parts of the administrative-territorial structure of the country. Further success in the development of these socio-spatial formations of the agglomeration type will depend on their economic capacity and self-sufficiency. The solution of this important social task is largely derived from the efficiency of economic entities and their social responsibility to expand the productive employment of the economically active population, access of all its strata to the created public goods. Large agri-food holding companies should play a key role in this process. In view of this, the purpose of research is defined, which is to substantiate the fundamental role of the institutional environment in the inclusive development of agricultural holdings. In accordance with the purpose of the study, the following tasks are formulated: to determine the essence of the concept of institutional environment as a system and analyze its current state; to reveal the content of an integrated approach to the formation of an environment for inclusive development of agricultural holdings; identify the potential for inclusive development of agricultural holdings. To achieve the goal and objectives of the study, the authors used interdisciplinary methodology, namely – systemic, synergistic, institutional, political, economic, social approaches, methods of synthesis and analysis, deduction and induction, SWOT-analysis, comparison, analogies, statistical and sociological researches. The information base of the study consisted of scientific achievements of domestic and foreign scientists, data from the State statistics, materials from the Internet, the authors’ own observations. The scientific novelty of the study is to substantiate the concept of "institutional environment system" as a platform for inclusive development of agricultural holdings. The scientific provisions, conclusions and recommendations arising from the study can be used by businesses, ATHs, districts in the formation of welfare inclusion.
Investment Support of Domestic Agricultural Production: Actual Situation and Real Needs
Authors:   Mykolayiv National Agrarian University, Dovgal O. V.
Published: February 2021

The article examines the actual amount of capital investment in agricultural production. It is determined that despite their rapid nominal growth in the national currency, the real amount of investment, translated into the US currency, is insufficient to meet the needs of expanded reproduction. It is assumed that the main causes of the capital investment deficit are excessive inflation, excessive business risks and non-fulfillment of government obligations. In the Ukrainian economy there is a positive dynamics of capital investment in the agricultural sector of production, denominated in the national currency – for the period 2010–2019 their average annual value amounted to UAH 35.4 billion, the growth rate was 120.5%. Their share in the structure of capital investments of the country's economy is also increasing. The volume of capital investment in the agricultural sector of the economy, translated into a more stable currency (US dollars), in the reporting year of 2019, was lower not only than in the previous two years, but also than in 2013–2013. Their average annual growth was 105.7%. The average annual volume of capital investments in agriculture, forestry and fisheries of Ukraine for 2010–2019 is $ 2.02 billion. This amount is insufficient, as agriculture alone requires at least $ 2.9 billion annually investment. Among the sources of financing capital investments in agriculture, forestry and fisheries of Ukraine in the reporting period, more than 90% were at the expense of enterprises and organizations. This is not a normal situation, which indicates that there is a curtailment of bank lending for investment needs of farmers' the State does not fulfill its obligations to support the development of the agricultural economy; foreign investors, given excessive business risks, are reluctant to invest in Ukrainian domestic agricultural production. Restoring confidence in the State, inflation targeting, judicial reform and the uncompromising fight against raiding are key tools for improving the investment climate and increasing capital investment in the agricultural sector of Ukraine's economy.
Public-Private Partnership as a Mechanism for the Development of Transport Infrastructure in Kherson Region
Authors:   State University of Infrastructure and Technologies, Vlasova V. P.
Published: February 2021

The development of the transport infrastructure of the region remains an important task, which today is solved by means of the mechanism of public-private partnership (PPP). At present, both a sufficient institutional environment and the regulatory support for the implementation of public-private partnership projects have already been created. Kherson region, having an average level of development of transport infrastructure, de facto occupies the near-border position. Therefore, the level of development of infrastructure of the region (in particular, road economy) is of significant strategic importance for the security of the State. The main tasks for the development of transport infrastructure of Kherson region and possible directions of implementation of infrastructure projects are defined. The study showed that only two projects that are not infrastructural are implemented on the basis of PPP in Kherson region. However, the concession of Kherson seaport has been launched – this project is pilot not only in the region, but also in Ukraine. Concluding a concession agreement in seaports is a complex and long-term procedure. Important in the agreement is the determination of the amount of concession payments and the distribution of risks between the project participants. Typically, concessionaires are large international companies (cargo owners or shipowners) or domestic industrial and financial groups that dictate the terms of the contract, so, accordingly, there may be a conflict of interest. This publication defines the essential conditions of this concession project. PPP projects in the road sphere are promising, which should solve a number of problems of the region. The airport «Kherson» is described as a concession object, the scheme of the PPP mechanism concerning it is proposed. It is determined that public-private partnership in the sphere of railway infrastructure is in the process of formation and determination of forms of cooperation.
Current Trends of the State Regulation of International Labor Migration
Authors:   Odesa National Academy of Food Technology, Lagodiienko V. V. , Shvets O. V. ,   International University of Business and Law
Published: February 2021

The problem of labor migration in Ukraine has become relevant in recent years, as it significantly affects the socio-economic development of both donor and recipient countries. As a complex economic phenomenon, labor migration changes the composition of labor resources, creates a new situation in labor markets, exacerbates the demographic situation in the country. The article is concerned with the analysis of problems of labor migration of economically active population in Ukraine and aspects of formation of the State policy of regulation of migration processes. The purpose of the article is theoretical substantiation, development of scientific and methodological bases and practical recommendations aimed at improving the system of regulation of international migration of economically active population in the context of globalization in order to obtain socio-economic benefits from the State participation in migration processes, etc. In the process of detailed analysis of the characteristics of migrants, clear trends in modern migration processes have been identified: migrants mainly are from rural areas of the west of the country; migrant workers are mostly men; younger people and rural residents predominate among migrant workers; people with higher education are less likely to migrate, while people with vocational education are overrepresented among migrant workers; migrants risk losing skills, etc. The mechanism of regulation of migration flows is substantiated – as a set of measures of influence of the State bodies on migration objects in order to ensure the optimal level of migration that meets the needs of the national / regional labor market and helps stabilize the macroeconomic situation in the country / region; tasks of the mechanism are defined. Functioning and effective development of mechanisms for regulating labor migration processes, as a special tool for the transformation of regional labor markets – combines socio-cultural, research and economic functions, necessitates an interdisciplinary approach to substantiate the increase of the competitiveness of the latter. The scientific basis of this approach is the methodology of institutional analysis – a set of concepts, principles and provisions based on the theories of human, intellectual and migratory capital, institutional economics, the theory of territorial migration systems and more.
Dissemination of Conspiracy Theories as an Institutional Factor in the Dynamics of Formal Rules
Authors:   National Technical University «Kharkiv Polytechnic Institute», Volosnikova N. M. , Ugrimova I. V. ,   National Technical University «Kharkiv Polytechnic Institute», Gybanova N. N. ,   National Technical University «Kharkiv Polytechnic Institute»
Published: February 2021

The article is aimed at determining the consequences of manipulation with conspiracy theories for the dynamics of the current formal rules and measures to prevent such manipulation. It is identified that four groups of factors can be allocated to determine the suitability of conspiracy theories common in society for exploitation by manipulator players in their own interests, namely: number of group members that believe in the appropriate conspiracy theory; dependence of the degree of concern of supporters of conspiracy theories on the norms of the current legislation; non-contradiction of the institutional changes, desired for supporters of conspiracy theories, to the interests of influential interested groups; opportunity to accuse a political opponent of participating in a conspiracy. It is specified that the only group of manipulator players, which always has the opportunity to take advantage of common conspiracy theories in society, are the opportunist players. It is concluded that the most effective of the mentioned in the article are the measures to increase the education of society. Due to the improvement of the quality of the overall component of education and the formation of a broad outlook of members of society, critical attitude to dubious assertions and baseless accusations of opponents produced by numerous opportunist players is formed, and thus less favorable conditions for the spread of conspiracy theories are created. However, these measures are also characterized by a significant disadvantage, which significantly limits the prospects for their application – a high level of costs associated with the implementation, and the reluctance of employers to pay for «unnecessary» education of employees.
Statistical Forecasting of the Development Trends in the Telecommunications Sphere of the Economy in the Context of Digitalization
Authors:   State University of Telecommunications, Goloborodko A. Y. , Plevako N. O. ,   State University of Telecommunications
Published: February 2021

This article is concerned with the actual problem of statistical forecasting of the development trends in the telecommunications sphere of the economy in the context of digitalization. During the globalization of digital transformation processes, forecasting the development of the telecommunications sphere is one of the effective ways for Ukraine to enter a ranked position in the international market. The article carries out a comprehensive study and allocates the main trends in the development of the telecommunications sphere of the Ukrainian economy according to the following indexes of the international rating: development of electronic government; openness of digital space; innovativeness of technologies and degree of development of human capital. According to the assessment of the state of the telecommunications sphere, the main problems are defined and the directions of digital transformations are allocated. The impact of development of the digital economy on the reformatting of many spheres of economic and social life is proved. For a complex and well-grounded scientific forecasting, methods on the basis of systematization of both the search and the scientific approaches were used. On the basis of extrapolation of data, the forecasting of the ranked place of Ukraine by three indexes is made, namely: EGDI – E-Government Development Index, ICT Development Index – IDI, Global Open Data Index – GODI. For the successful implementation of the Conception of development of the digital economy of Ukraine, increasing the level of development of telecommunications and digitalization, achieving effective management of the telecommunications sphere of the economy in general, the main indicators of forecasting the development of digitalization of the telecommunications industry for the strategic perspective are defined.
Features of the Sale of Export Products of Agricultural Enterprises in the Conditions of Risks
Authors:   National University «Chernihiv Polytechnic», Polenkova M. V.
Published: February 2021

The article is aimed at modeling the sale of exported crop production and animal husbandry of agricultural enterprises in the conditions of risks. It is identified that agricultural activities are accompanied by a number of threats of socio-economic, financial, market, infrastructure, systemic, environmental and institutional nature; some risks have been exacerbated in recent years due to climate change and food price instability. It is proved that small agrarian enterprises are especially vulnerable to the problems of ensuring their means of livelihood, may experience difficulties in assessing and managing risks, and do not receive an appropriate effect from investment opportunities that can improve business and strengthen their sustainability. Several risks that accompany the agricultural sector of Ukraine and often become real threats to its socio-economic development are allocated as such that are the least taken into account by agricultural enterprises of various organizational forms and sizes. They are gathered to six groups (market; reduction in labor potential; systemic; loss of trust; political; legal). The method of fuzzy sets (fuzzy logic) is applied, based on the Matlab package and the Fuzzy Logic Toolbox module, within which a fuzzy logical classification and inference system is created. The fuzzy format of the calculation results is ensured by the two-step sequence of the formation of sets (phazification and dephazification). According to the results of modeling the optimal export volumes under the influence of external and internal risks, it is proved that ensuring large volumes of plant exports is accompanied by medium and high levels of market risks, medium and high risks of reducing labor potential and medium and high levels of market risks; ensuring large volumes of exports of animal products is accompanied by low and medium levels of market risks, medium and high levels of risk of reducing labor potential, high levels of market risks and high levels of legal risks. The proposed model is favorable for agricultural enterprises in the process of their economic activity in order to identify the strength of either positive or negative impact of risks and other hidden connections to predict and optimize their activities, which will allow to more clearly establish the strategic priorities of their activities and use resources more rationally.
The Accounting Policies of Enterprises for Intangible Assets: The Basic Principles and Features of Formation
Authors:   Kyiv National Economic University named after V. Hetman, Diadiun O. O.
Published: February 2021

The article is aimed at examining the theoretical-practical bases of formation of accounting policy for intangible assets of enterprise, taking into account the conceptual basis of financial statements – either UAS (Ukrainian Accounting Standards) or IFRS (International Financial Reporting Standards). The analysis and generalization of the requirements of regulations, as well as scientific works of many scholars on understanding the essence of the concept of «accounting policy» were carried out. Two key directions of understanding of accounting policy by domestic scholars are allocated: the closer specified one (description of alternative solutions) and the wide one (disclosure of an additional array of information in addition to choosing from the permitted alternatives). The author’s own approach to understanding the accounting policy in terms of intangible assets is proposed: it is a description of the decisions chosen by the enterprise from a number of alternatives stipulated by the standards (UAS or IFRS), regarding the recognition, valuation, submission and disclosure of information about intangible assets, as well as other aspects deemed essential. The approaches of domestic scholars to identify the main elements of accounting policy related to intangible assets are considered. On the basis of the study of alternative requirements of IAS 38, a minimum set of elements of the enterprise’s accounting policy for intangible assets is proposed, as well as key differences in approaches to the preparation of accounting policies under the UAS compared to the IFRS are defined. The appropriateness of disclosure of tax aspects in accounting policy is analyzed. Approaches to improving accounting policy and ensuring its innovative nature through the presentation of independent decisions of the enterprise on disclosure of information about intangible assets in the broad sense of this concept are proposed. It is recommended to disclose information on the identification of classes of the implicit innovation-oriented assets, approaches to valuation and monitoring of these assets outside of traditional accounting methods, as well as disclosure channels for such assets.
The Role of Accounting in the Termination of Illegal Felling of Forests
Authors:   Lutsk National Technical University, Chudovets V. V. , Ryabushko I. V. ,   Lutsk National Technical University
Published: February 2021

The article is aimed at researching the impact of a properly organized accounting system in forestry enterprises in the termination of illegal felling of forests. The development trends together with the status of accounting support of forestry enterprises affecting the volume of illegal felling are analyzed. On the basis of the study of tax legislation and statistical data on the volume of felling by types and systems, as well as the amount of revenues from rent for special use of forest resources, the need to abolish the norms for reducing rent on selective felling, as well as felling on the formation and sanitation of forests is substantiated. The problem of the accounting-methodological nature, which contributes to illegal felling, – the non-display in the accounting and financial statements of biological assets of the forest is determined. This is a fundamental problem of accounting in the forestry industry, which does not allow to ensure proper control over the preservation and reproduction of forest resources, to form the real value of the forest, the self-cost of manufactured products and to reliably evaluate the work of the industry as a whole. The need for further implementation of electronic timber accounting and its maximum combination with the accounting system of forestry enterprises is substantiated. International experience in the use of modern technologies in the organization and accounting of forestry activities is studied. As a result, it is proposed to implement in Ukraine the following: inventory and value assessment of forests, including laser scanning; creation of digital maps of forests; formation and use of DNA databases of wood, etc. The carried out research concluded that there are legal, organizational, methodological and technical factors that relate to accounting and prevent illegal felling of forests.
The Transformation of Competencies of Auditors in the Hotel Industry Concerning New Tendencies in the Development of the Audit Institute
Authors:   National Technical University «Kharkiv Polytechnic Institute», Koliesnichenko A. S.
Published: February 2021

This article is aimed at: formulating the key competencies of auditors in accordance with modern directions of audit development; substantiating the need and disclosing the logic of implementation of strategic adaptation of the competencies of auditors of the hotel industry enterprises; determining the internal and external processes that impact the formation of strategic adaptation of the auditor’s competency system and the development of the audit institute in general. It is proved that the introduction of the latest innovative changes, methods and forms of organization of interaction between all subjects and institutes of audit activity will allow: to satisfy the interests of modern users of audit services and related areas of the hotel industry; to preserve competitive advantages in the industry; to provide guaranty for the sustainable business development. Taking into account the popular competencies caused by the new trends in the development of the audit will contribute to the substantiation and construction of the procedure for implementing strategic adaptation of the competencies of auditors of the hotel industry enterprises on the principles of adaptability, complexity and synergism. As a result, the set of competencies of the auditor is becoming more and more interesting and in demand for users of management accounting and reporting, acquires additional functions and tasks in the context of the development of the hotel industry. Under the influence of both the internal and the external processes, there is a further division of the audit institute into an independent subsystem of the hotel cluster. The results formulated in the course of the research allow us to state that in the future it will be expedient to analyze certain factors and components influencing the strategy of adaptation of the system of the auditors’ competencies.
Scientific and Theoretical Meaning of the Concept of "Development" in Economics
Authors:   V. N. Karazin Kharkiv National University, Teshеva L. V.
Published: February 2021

The article is devoted to the study of existing approaches to defining the content and essence of the concept of "development". The content of development is considered as the acquisition of a new qualitative state of the system through the use of its own potential, as the transition of the system to a new attractor from the bifurcation point, as a reaction to the influence of the external environment. It is proved that development is characterized by quantitative, qualitative and structural changes, as well as the emergence of new connections both within the system and with the external environment. The existence of impulses of the external and internal environment is substantiated, which provoke the need for changes, as a result of which development takes place. A semantic network of the researched concept is constructed using the TextAnalyst software. It is determined that the key components of this concept are "process" and "direction", but the priority is clearly the concept of "process". As a result of further in-depth analysis of the structure of the "process" it was proved that it is economic, manifested by qualitative characteristics, involving the process of natural change and transition from one qualitative state to another, quantitative changes in the system, emergence of an aggregate of changes, accompanied by a change in quality and appropriate transformations. The key properties of development are defined as the following: direction in time, reversibility of the process, uniqueness, emergence of a new quality during development, directedness, subordination to a particular law (especially the laws of dialectics), increasing the complexity of the system, the presence of causal links between phenomena and processes, which determine the nature of the acquisition of a new quality while maintaining its own authenticity, the presence of a vector of motion that arises as a result of the impulse, and causes change. It has been proved that revolutionary and evolutionary changes should be considered as integral components of the development process, the alternation of which ensures constant progress and the existence of regressive and progressive directions of development. But the return of the system to its previous state as a result of the refusal to acquire a new level of complexity of the regression input is more consistent with the trajectory of the spiral.
Accounting Provision of the Costs Management for the Production Quality
Authors:   Vasyl’ Stus Donetsk National University, Polishchuk O. T. , Bernadska Y. O. ,   Vasyl’ Stus Donetsk National University
Published: February 2021

The article is aimed at researching the essence of costs for the quality of production, their importance and necessity, the reliability of reflection in the accounting system, which will ensure the efficiency of managerial decision-making and the introduction of a cost management system at the enterprise, including in terms of costs for the production quality. Approaches to the essence of quality costs are analyzed, researches of scientists on the need for such costs in the cost management system of enterprise and the production quality management system are substantiated. Approaches to the feasibility of classification of quality costs on the basis of requests from the managers of different levels of management are considered, as well as the formation of their nomenclature and catalogue in terms of costs for quality provision and for the correction of rejects. The need to introduce a system of accounting for the production quality as an informational component of making effective managerial decisions is substantiated. The researchers’ proposals for displaying quality costs in the accounting system are examined. A generalized algorithm of the process of organization of accounting for costs of production quality is proposed, which provides for: setting tasks for accounting costs for quality; determination of objects of accounting and classification of such costs, methods of assessing the costs of production quality, system of accounts; development of a complex of documentary support. The components of each stage of this algorithm are substantiated. It is determined that the efficiency of the quality costs management system depends on reliable accounting and analytical provision at all stages of the economic process of their occurrence, accumulation, distribution and write-off.
Financial Diagnostics of Banks in the Process of Consolidation: The Goals, Methods, Analytical Approaches
Authors:   Kyiv National Economic University named after V. Hetman, Prymostka L. O. , Krasnova I. V. ,   Kyiv National Economic University named after V. Hetman, Lytvynenko O. K. ,   Kyiv National Economic University named after V. Hetman
Published: February 2021

The article is aimed at substantiating the economic feasibility and choosing from the methods of financial diagnostics of banks during consolidation in order to evaluate an agreement object as an investment project. The main directions of financial diagnostics of the M&A agreements for banks are defined. Emphasis is placed on the need to differentiate between the interpretation of the concepts of «financial diagnostics», «due diligence» and Financial Due Diligence (FDD). Taking into account the world and domestic experience, due diligence understanding is systematized and generalized through consideration of the related processes of the M&A agreement at the transaction level. The factors of the M&A agreement, which outline the areas of due diligence, are determined, the understanding of which ensures to have reduced the transactional risk of the transaction. It is specified that the main analytical instrumentarium for adequate substantiation and formation of an absolutely complete idea of the value of the agreed object is the FDD, which also serves as a quality basis for elaborating a strategy for the development of consolidated bank after the completion of the M&A agreement. The traditional FDD analytical instrumentarium, which covers both financial and institutional aspects, is proposed to be supplemented by including banks in the range of financial risks and sensitivity assessments. It is noted that to determine the internal value of the bank – the object of an agreement as a project for investment, approaches are used to forecast future activities, which include methods of discounting cash flows (DCF) and assessing the impact of the internal rate of return on the weighted average cost of capital (IRR / = WACC). On the basis of the generated sample of financial reports of 150 world banks, according to Refintiv, modeling of attractiveness of banks as investment projects through approaches (DCF) and (IRR / = WACC) is carried out. Criteria have been formed to choose an approach to assess the internal value of the banking business. On the basis of the allocated criteria, the results of modeling the attractiveness of projects according to the chosen approaches are compared. It is concluded that the most optimal in terms of accuracy of determining the internal (fundamental) value of the bank is the approach through the modeling of cash flows.
Current Trends in Technical and Technological Development
Authors:   National Technical University «Dnipro Polytechnic», Dubiei Y. V.
Published: February 2021

The article is concerned with the main trends of technical and technological development, which are characteristic of the world economy in the 21st century. The facts of economic history relating to technical and technological development demonstrate the periodic change in technological leadership of certain countries of the world. The system of indicators is singled out, on the basis of which the country’s place in the global technological space is diagnosed, as well as the forecasting of further trends in its development on the path of scientific and technological progress is carried out. Based on the world rankings on the total domestic costs of science, their share in the gross domestic product of the country, the cost of R&D per researcher (equivalent to full employment) shows the provisions of individual countries as to financial support of technical and technological development. The research potential is described on the basis of such indicator as the total number of researchers in a particular country. It is demonstrated that these indicators, describing in its totality the level of provision of a particular country with financial and labor resources, through which new knowledge is created, do not always indicate its success. With the involvement of the indicators of research and patent activity (which reflect the number of published articles and submitted applications for patents), as well as the global index of innovations, plus the index of development of information and communication technologies (which characterize the result of technical and technological development achieved by the country), the directions of advancement of countries in terms of technology and technology are determined. It is identified that the provision of resources for the production of new knowledge is a necessary, but insufficient condition for obtaining technological primacy in the world. It is proposed to evaluate the positions achieved by the country on the path of technical and technological development through the formation of an internal indicator, which reflects both its provision of resources for the production of new knowledge and the degree of return on their use. It is proved that this approach to the evaluation of technical and technological development allows to obtain more thorough information about its sources and factors, as well as to identify weaknesses on which the country should focus to promote scientific and technological progress.
Tendencies in the Development of International Scientific and Technological Cooperation
Authors:   National University of Water and Environmental Engineering, Polyakov M. V. , Bilozubenko V. S. ,   University of Customs and Finance, Shablii S. Y. ,   University of Customs and Finance
Published: February 2021

In recent decades, there has been an intensification of international scientific and technological cooperation (ISTC), which takes place in various forms. The publication is aimed at generalizing the methodological bases of research and examining the main tendencies in the development of modern ISTC. The essence of ISTC and its objective predeterminence are defined, its importance as a factor of a world-wide development on the basis of the global spread of the achievements of science is specified. The peculiarities of ISTC progress at both macro- and micro-levels, which covers all stages of knowledge acquisition and takes place in an intensive manner in the field of both fundamental and applied research, are explained. The main elements of the methodology of the ISTC research are: principles, conditions of development, types, forms, directions, mechanisms and main effects. It is substantiated that the most important precondition for the development of ISTC is its institutionalization. International business became one of the leading forces in the ISTC. The main structural tendencies in the development of ISTC (increasing the degree of institutionalization, geographical diversification, diversification of the directions of cooperation, wide application of information and communication technologies (ICT), international scientific associations, etc.) are allocated. The peculiarities of participation in the ISCT of both developed and developing countries, as well as spatial changes (increasing the level of globalization, intensification of cooperation at the level of cities, universities, innovation zones; development of spatial and network structures of production, organization and use of knowledge; intensification of global mobility of highly qualified personnel, transfer of technologies) are explained. Attention is drawn to the formation of global innovation networks; development of intensive knowledge communities; expanding participation of universities in the ISTC; increasing the number of information platforms as the basis of ISTC; expanding the role of international scientometric databases, repositories, archives, libraries on the Internet. Measures are proposed to intensify and improve the ISTC system at both the global and the regional levels, especially the multilateral mechanisms to support developing countries. Attention is focused on the need to use a noosphere approach.
Balancing the Management Factors of Natural-Resource Assets of the Recreation and Tourism Sphere of the National Economy
Authors:   Institute of Market Problems and Economic-Ecological Research of NAS of Ukraine, Shevchenko H. M.
Published: February 2021

The natural-resource assets as a new conceptualized form of natural resources, when it is transitioned from theoretical definition to practical implementation, are a complex management object that requires a balanced approach, given the multi-aspectivity of factors that influence the formation and use of the researched assets. The article is aimed at developing the theoretical and methodological principles to balancing the factors of management of natural-resource assets of the recreation and tourism sphere at the level of the national economy. The article substantiated the following approaches: comprehensive approach – when generalizing social, sociocultural, economic, market, ecological, and geographical factors of formation of these assets, which are considered in connection with recreational ecosystem services against the background of the continuum of reducing the sense of value, as well as the direction of managerial decisions, which take into account in the assessment of natural assets the potential impacts on recreational territories; linear approach of economic-mathematical programming – taking into account the factors of approximation of modeling the recreation and tourism sphere, which uses natural-resource assets, namely: sustainability and traditionality of development, social focus of the market, balance through the possibility of making situational managerial decisions in the conditions of transitive economy, as well as optimization and balancing of interests of subjects of the ecological-economic recreation and tourism activities.