THE PROBLEMS OF ECONOMY №1-2014

The title and content

ABSTRACTS AND INFORMATION ABOUT AUTHORS

Section: World economy and international relations
UDC 339.92
Kyzym M. O., Matyushenko I. Y., Khaustova V. Y., Kosyrieva O. V., Kostenko D. M., Moiseienko Y. M., Buntov I. Y.
Opportunities and threats of WTO membership of Ukraine in foreign trade of high-technology products under conditions of co-operation with EU countries and Customs Union of Belarus, Kazakhstan, and Russia (p. 6 - 25)
The article considers the problem of consequences of membership in the World Trade Organisation (WTO) for Ukraine in foreign trade of high-technology products under conditions of co-operation with EU countries and the Customs Union of Belarus, Kazakhstan and Russia (CU). The article shows that after Ukraine joined WTO there were some rather significant reductions of tariff rates for Ukrainian products and liberalisation of access to the world markets, at the same time the internal Ukrainian market became more open for imported products. The article studies specific features and changes in the high-technology products market after Ukraine joined WTO. It analyses dynamics of volumes and specific weight of the world export-import of high-technology products and the structure of the world export and import of high technology products, including by individual countries and groups. The article makes a conclusion about a weak high-technology component of the Ukrainian export. It studies the structure of export of high-technology products of EU, CU and Ukraine. It shows that in order to develop the high-technology products market Ukraine needs to develop foreign trade with EU countries and also to continue co-operation with CU countries, in particular, with Russia. The article shows that the aerospace industry products takes the biggest specific weight in the export of high-technology products of Ukraine. It considers prospects of development of civil aircraft production in the world and Ukraine under the modern conditions. It analyses strengths and weaknesses of the aircraft construction industry and also threats and opportunities for aircraft construction of Ukraine due to external environment influence. The article shows that Ukraine cannot keep national aircraft building on its own, that is why it is necessary to develop close co-operation both with Russian enterprises and with the countries of the Western Europe. It offers recommendations on preservation of production potential of the aircraft construction industry of Ukraine. The final conclusion of the study is the following: despite the world financial and economic crisis, diversification and change of the Ukrainian export structure is going on since Ukraine joined WTO, which not only facilitates reduction of dependence of the national economy on individual geographical markets, but also predetermines the necessity to protect interests of the national producers by the Ukrainian government in new markets.
Keywords: high-technology products, trade, WTO, EU, Customs Union of Belarus, Kazakhstan and Russia, aerospace industry
Fig.: 10. Tabl.: 15. Bibl.: 29.

Kyzym Mykola O. – Doctor of Sciences (Economics), Professor, Corresponding Member of NAS of Ukraine, Chief research scientist, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: m.kyzym@gmail.com
Matyushenko Igor Yu. – Doctor of Sciences (Economics), Professor, Professor, Department of International Economic Relations, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: igormatyushenko@mail.ru
Khaustova Viktoriia Ye. – Doctor of Sciences (Economics), Professor, Director, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: v.khaust@gmail.com
Kosyrieva Olena V. – Candidate of Sciences (Economics), Associate Professor, Applicant, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Kostenko Dmytro M. – Candidate of Sciences (Economics), Research Associate, Department of Industrial Policy and Energy Security, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: kostenko.d.n@ukr.net
Moiseienko Yurii M. – Applicant, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Buntov Ivan Yu. – Applicant, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)

Reference to this article:
Kyzym, Mykola O. et al. (2014) “Opportunities and threats of WTO membership of Ukraine in foreign trade of high-technology products under conditions of co-operation with EU countries and Customs Union of Belarus, Kazakhstan, and Russia.” The Problems of Economy 1:6–25.

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Section: World economy and international relations
UDC 338.242
Bila I. S., Salatiuk N. M.
World experience of state regulation of entrepreneurship (p. 26 - 30)
The article analyses tendencies of state regulation of entrepreneurship in EU countries, USA and Japan and identifies state regulation of entrepreneurship as a system, which consists of certain elements, unity and interaction of which determine its efficiency and functionality. Analysis, systematisation and generalisation of experience of state regulation of entrepreneurship in these countries allow making a conclusion that the existing differences in the role of the state in economy are not connected with the degree of state regulation, but are connected with the means used for its realisation. General tendencies of development of relations between the state and entrepreneurial sector allowed identification of main elements of the system of state regulation of entrepreneurship, which include: forecasting, planning and programming socio-economic development; anti-monopoly competitive policy; tax and investment policy; innovation policy and stimulation of R&D (Research & Development). The prospect of further studies is identification of specific features of the system of state regulation of entrepreneurship in the modern Ukrainian economy.
Keywords: system of state regulation of entrepreneurship, forecasting and planning and programming socio-economic development; anti-monopoly competitive policy, tax and investment policy, innovation policy, R&D stimulation
Bibl.: 20.

Bila Iryna S. – Candidate of Sciences (Economics), Associate Professor, Department of Economic Theory, National Pedagogical Dragomanov University (9 Pyrohova Str., Kyiv, 01601, Ukraine)
Email: itsvt@mail.ru
Salatiuk Nina M. – Candidate of Sciences (Economics), Associate Professor, Head of the Department, Department of Economic Theory, National University of Food Technology (68 Volodymyrska Str., Kyiv, 1601, Ukraine)

Reference to this article:
Bila, Iryna S., and Salatiuk, Nina M. (2014) “World experience of state regulation of entrepreneurship.” The Problems of Economy 1:26–30.

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Section: World economy and international relations
UDC 336.025
Petrushevska V. V.
Financial policy of prevention and liquidation of consequences of global economic instability: foreign experience (p. 31 - 36)
The article considers main measures of the financial policy realised in the countries of the world, in particular, Europe, USA, China and Japan, directed at prevention and liquidation of consequences of crisis phenomena of the world economy. It considers programmes of support of economy and financial sector of different countries adopted during the period of the world financial crisis of 2007 – 2009. It marks out that an important element of successful realisation of anti-crisis measures is a correct co-ordination of the budget and tax policy and money and loan policy. It positively marks out experience of application of active arbitrary stimulating policy under crisis conditions. In view of increase of efficiency of macro-economic management an important task of the future would be improvement of anti-crisis mechanisms with consideration of their influence upon short-term dynamics and long-term growth. The conducted analysis allows making a conclusion that mistakes of the financial policy are one of the main reasons of overheating the world economy, while analysis and use of experience of the leading countries of the world would allow increase of quality of the financial policy, directed at reduction of crisis vulnerability.
Keywords: financial policy, monetary policy, regulation, crisis, anti-crisis measures
Fig.: 1. Tabl.: 1. Bibl.: 11.

Petrushevska Viktoriia V. – Candidate of Sciences (Public Administration), Associate Professor, Associate Professor, Department of Finance, Donetsk State University of Management (58 Karpinskoho Str., Mariupol, Donetsk region, 87535, Ukraine)
Email: petrushevskaya@list.ru

Reference to this article:
Petrushevska, Viktoriia V. (2014) “Financial policy of prevention and liquidation of consequences of global economic instability: foreign experience.” The Problems of Economy 1:31–36.

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Section: World economy and international relations
UDC 336.478
Polyakova Y. O.
Principles of functioning of the transmission mechanism of the monetary system in international business (p. 37 - 42)
Modern international economic relations are characterised with reduction of rates of economic growth of the majority of developed economic systems, gradual oligopolisation of international markets, domination of private investors interests in political relations, growth of intensity and frequency of local, regional and international economic crises, which negatively influences the tendencies of formation of main directions of transmission and use of capital. Consideration of theoretical grounds of functioning of the monetary mechanism and content analysis of the international statistical information for a long period of time allow marking out certain principles of restoration of integrity of the transmission mechanism of the monetary system as basic ones. Introduction of the proposed principles into the mechanism of functioning of the international monetary system would allow increase of the rates of growth of production of the developed economic systems, strengthening of stability of functioning of the developing economies and decrease of interdependence of different participants of international economic relations, which would directly influence improvement of macro-economic indicators.
Keywords: monetary system, economic crisis, capital, investments, economic system
Fig.: 1. Bibl.: 9.

Polyakova Yana O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economics and Management FEA, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: Yana.Poliakova@m.hneu.edu.ua

Reference to this article:
Polyakova, Yana O. (2014) “Principles of functioning of the transmission mechanism of the monetary system in international business.” The Problems of Economy 1:37–42.

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Section: World economy and international relations
UDC 338.48
Dekhtyar N. A.
Tendencies of development of the world market of business tourism (p. 43 - 51)
The goal of the article is detection of common tendencies of MICE (Meetings, Incentives, Conferences, and Exhibitions) industry functioning and identification of directions of development of the national market of business tourism. The article considers the problems of the Ukrainian business tourism at this stage, provides a review of recommendations regarding increase of competitiveness of the national tourist product, conducts a statistical study of main macro-economic indicators of the world market of tourist services and segment of business tourism as one of its most important components, conducts analysis of dynamics of the industry development using examples of the leading countries of the world. A special attention is paid to exhibition activity – the most large scale element of the MICE industry. In the result of the study the article reveals changes in ratings of indicators of functioning of the sphere of business tourism in some countries, lists leading exporters and importers of tourist products on the basis of data of the World Travel and Tourism Council and the World Bank, and identifies position of Ukraine at separate segments of the market of business tourism, due to which it makes a recommendation to use the niche strategy. Prospects of further studies in this direction are analysis of interrelations between basic indicators of development of the world industry of business tourism with the use of economic and mathematical methods and construction of forecast models by micro-regions of the world.
Keywords: business tourism, MICE industry, macro-economic indicators, world market
Fig.: 7. Tabl.: 4. Bibl.: 14.

Dekhtyar Nadiya A. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Tourism, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: nadiya.dekhtyar@hneu.net

Reference to this article:
Dekhtyar, Nadiya A. (2014) “Tendencies of development of the world market of business tourism.” The Problems of Economy 1:43–51.

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Section: Economics and national economy management
UDC 338:658
Kozyk V. V., Emelyanov O. Y., Petrushka T. O.
Investment-innovation mechanism of ensuring competitiveness of industrial enterprises (p. 52 - 58)
The article considers the process of formation of the investment-innovation mechanism of ensuring competitiveness of industrial enterprises. It identifies the essence, composition, goals and means of functioning of this mechanism. It establishes sequence of the process of functioning of the investment-innovation mechanism of ensuring competitiveness of economic subjects. It marks out such particular types of this mechanism: mechanism of renovation of fixed assets of an enterprise, mechanism of formation of channels and network of sales of enterprise products, mechanism of expansion of production capacity of the enterprise on manufacture of traditional types of products, mechanism of introduction of new progressive production processes, mechanism of development and production of innovation products, and mechanism of reduction of the level of risk of investment activity of the enterprise. The article conducts modelling of the process of development and realisation of investment solutions on introduction of progressive technologies of manufacture of products at the enterprise. It offers a method of selection of the most competitive variant of technology of manufacture of products depending on the level of quality and also specific current capital outlays for their manufacture.
Keywords: investment-innovation mechanism, industrial enterprise, competitiveness, modelling, technology, modernisation of production, investment solution
Fig.: 1. Formulae: 5. Bibl.: 9.

Kozyk Vasyl V. – Candidate of Sciences (Economics), Professor, Head of the Department, Department of Economics and Business Investment, National University «Lviv Polytechnic» (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: Vasyl.V.Kozyk@lpnu.ua
Emelyanov Oleksandr Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics and Business Investment, Scientific-Educational Institute of Economics and Management of the Lviv Polytechnic National University (5 Mytropolyta Andreia Str., Lviv, 79013, Ukraine)
Email: petrushkat@mail.ru
Petrushka Tatyana O. – Candidate of Sciences (Economics), Senior Lecturer, Department of Economics and Business Investment, Scientific-Educational Institute of Economics and Management of the Lviv Polytechnic National University (5 Mytropolyta Andreia Str., Lviv, 79013, Ukraine)
Email: petrushkat@mail.ru

Reference to this article:
Kozyk, Vasyl V., Emelyanov, Oleksandr Yu., and Petrushka, Tatyana O. (2014) “Investment-innovation mechanism of ensuring competitiveness of industrial enterprises.” The Problems of Economy 1:52–58.

List of references in article

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Chumak, L. F., and Harkava, L. V. “Osnovni aspekty upravlinnia konkurentospromozhnistiu pidpryiemstva“ [Key aspects of the management of enterprise\'s competitiveness]. Biznes Inform, no. 1 (2013): 212-215.
Stadnytskyi, Yu. I., Tovkan, O. E., and Symak, A. V. Prostorovi aspekty konkurentsii tekhnolohii [Spatial aspects of competitive technologies]. Khmelnytskyi: KhNU, 2009.

Section: Economics and national economy management
UDC 338.242.4:622.311
Kuzmynchuk N. V.
Institutional aspects of state regulation of interrelations of subjects of the electric energy market (p. 59 - 64)
The article identifies tendencies of development of international electric energy markets. It marks out the role of well-organised functioning of the electric energy market for maintaining the energy security of the country under complex conditions of Ukrainian economy transformation under the influence of geopolitical changes, financial, economic and social factors. It justifies important role of the state in realisation of the regulating impact through mechanisms of institutional support of production, transportation and supply of electric energy; it focuses on imperfection of the existing system of institutes of this sphere, which determine harmonicity of the electric energy buy and sell process. Based on the system analysis of the institutional foundation, which reflects principles and essence of regulation of the electric energy market and interrelations of its subjects, the article generalises problems of the modern regulatory and legal base and realisation of strategic programmes of development in the context of formation of relations between the energy market participants, which would facilitate renovation of state regulation. The article marks out key directions of solution of topical issues of institutional support of activity of electric energy market participants, the most urgent of which are problems of the tariff policy, alternative energy development, financial discipline and technical state of fixed assets of the electric energy complex. The article puts in order the system of contractual relations of subjects of the electric energy market, which allows formation of the scientifically justified approaches in the direction of improvement of the organisational structure of the energy market and introduction of measures on increase of efficiency of regulating actions by the state.
Keywords: institutional foundation, state regulation, electric energy market, subjects of the electric energy market, interrelations of subjects of the electric energy market
Fig.: 4. Bibl.: 23.

Kuzmynchuk Nataliia V. – Doctor of Sciences (Economics), Professor, Professor, Department of Marketing, Management and Entrepreneurship, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: nkuzminchuk@ukr.net

Reference to this article:
Kuzmynchuk, Nataliia V. (2014) “Institutional aspects of state regulation of interrelations of subjects of the electric energy market.” The Problems of Economy 1:59–64.

List of references in article

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Efimov, V. M. “Predmet i metod interpretativnoy institutsionalnoy ekonomiki“ [Subject and method of interpretive institutional economics]. Voprosy ekonomiki, no. 8 (2007): 49-67.
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Lypov, V. V. “Komplementarnist instytutsionalnykh blokiv iak instrument analizu sotsialno-ekonomichnykh system“ [Complementarity institutional units as a tool for the analysis of socio- economic systems]. Ekonomika rozvytku, no. 3 (67) (2013): 8-12.
Furubotn, E. G., and Rikhter, R. Instituty i ekonomicheskaia teoriia: Dostizheniia novoy institutsionalnoy ekonomicheskoy teorii [Institutions and Economic Theory: Achievements of new institutional economics]. St. Petersburg: SpbGU, 2005.
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Lohvynenko, V. I. “Efektyvnist vzaiemovidnosyn spozhyvachiv ta postachalnykiv teplovoi enerhii – odyn iz napriamkiv udoskonalennia mekhanizmiv realizatsii zahalnoderzhavnoi prohramy reformuvannia i rozvytku ZhKH“ [The effectiveness of the relationship of consumers and suppliers of thermal energy - one of the areas of improvement of mechanisms for the implementation of the national reform program and services development]. Ekonomika ta derzhava, no. 7 (2008): 68-70.
Prakhovnyk, A. V., and Kotsar, O. V. “Formuvannia informatsiinoho zabezpechennia rozrakhunkiv za elektrychnu enerhiiu v umovakh zaprovadzhennia perspektyvnykh modelei enerhorynku Ukrainy“ [Formation of information support payments for electricity in terms of the introduction of advanced energy models Ukraine]. Enerhetyka ta elektryfikatsiia, no. 3 (2009): 40-51.
Omelchenko, V. “P’iat krokiv dlia pidvyshchennia enerhetychnoi bezpeky Ukrainy“ [Five steps to enhance the energy security of Ukraine]. http://www.razumkov.org.ua/ukr/article.php?news_id=1078
Shevtsov, A. I. “Yevropeiskyi enerhetychnyi rynok ta perspektyvy Ukrainy“ [European energy market and prospects for Ukraine]. http://www.db.niss.gov.ua/docs/energy/88.pdf
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Section: Economics and national economy management
UDC 005.93
Ligonenko L. O., Molodozhenia M. S.
State and problems of introduction of economic management at Ukrainian enterprises (p. 65 - 71)
The article considers a wide range of scientific and practical issues that characterise the state and identify problems of economic development and ways of their solution. The study uses the Enterprise Performance Management (EPM) methodology, which allows assessment of indicators of enterprise activity and opens opportunities for inter-country comparison of results and identification of correspondence of Ukrainian realities in the sphere of economic enterprise management with the world tendencies. The goal of the article is publication of results of the “State and problems of introduction of economic management at Ukrainian enterprises”. The detected, during the comparative analysis, lag from the generally accepted modern requirements and approaches to management confirms the objective necessity of formation of theoretical grounds and development of the relevant practical mechanism of economic enterprise management as a factor of ensuring high efficiency of operational, investment and financial activity of Ukrainian enterprises, establishment of conditions for increasing the economic potential of development and ensuring vitality in the long run.
Keywords: management, economic management, efficiency management
Tabl.: 5. Bibl.: 10.

Ligonenko Larysa O. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economics and Finance of Enterprises, Kyiv National University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: Larisa.ligonenko@gmail.com
Molodozhenia Maryna S. – Candidate of Sciences (Economics), Senior Lecturer, Department of Economics and Finance Company, Kyiv National University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: turm@bigmir.net

Reference to this article:
Ligonenko, Larysa O., and Molodozhenia, Maryna S. (2014) “State and problems of introduction of economic management at Ukrainian enterprises.” The Problems of Economy 1:65–71.

List of references in article

Lihonenko, L. O. “Systematyzatsiia traktuvan zmistu poniattia «ekonomichne upravlinnia pidpryiemstvom»“ [Systematics interpretations of what constitutes \"economic management now\"]. Ekonomika ta upravlinnia, no. 3 (2012).
Lihonenko, L. O. “Obgruntuvannia teoretychnykh zasad ekonomichnoho upravlinnia pidpryiemstvom z pozytsii teorii firmy“ [Justification of the theoretical foundations of economic business management from the standpoint of the theory of the firm]. Biznes Inform, no. 5 (2013): 227-231.
Lihonenko, L. O., and Kharchuk, T. V. “Ekonomichne upravlinnia: evoliutsiia pohliadiv ta avtorska kontseptsiia“ [Economic governance: The evolution of the concept and the author]. Svitova ekonomika XXI stolittia: tsykly ta kryzy, no. 1 (6) (2013): 188-197.
Lihonenko, L. O. “Ekonomichne upravlinnia pidpryiemstvom: kontseptualni zasady“ [Economic enterprise management: a conceptual framework]. Visnyk KNTEU, no. 3 (2013): 5-17.
Ofitsiinyi sait kompanii PricewaterhouseCoopers (PwC). www.pwc.com
“Upravlenye byznesom. Ot stratehyy k yzmerymym tseliam“ [Business management. From strategy to measurable goals]. Ofitsiinyi sait PricewaterhouseCoopers International Limited v Rosii. www.pwc.ru/ru/epm-2011
“Upravlenye byznesom. Na puty ot yzmerenyia k upravlenyiu“ [Business management. On the way from measurement to management]. Ofitsiinyi sait PricewaterhouseCoopers International Limited v Rosii. www.pwc.ru/ru/epm-2012
Newman, W. D. Understanding SAP BusinessObjects Enterprise Performance Management, 2010.
Denysenko, M. P., and Kolos, I. V. “Informatsiine zabezpechennia efektyvnoho upravlinnia pidpryiemstvom“ [Information support of effective management]. Ekonomika ta derzhava, no. 7 (2006): 19-24.
Denisov, A. Yu., and Zhdanov, S. A. Ekonomicheskoe upravlenie predpriiatiem i korporatsiey [Economic management of businesses and corporations]. Moscow: Delo i Servis, 2002.

Section: Economics and national economy management
UDC 330.4:519.86
Rudensky R. A.
Model of managing pension assets of the defined contribution mandatory state pension system (p. 72 - 76)
Introduction of the defined contribution mandatory state pension system in Ukraine actualises the issue of efficient management of its pension assets. The goals of the article are development of theoretical and methodical provisions and development of the economic and mathematical model of management of pension assets of the defined contribution pension system on the basis of the fuzzy set approach. The necessity to refer to the theory of fuzzy sets when modelling this process is caused by, firstly, absence of rather complete consistent “a priori” information, secondly, uncertainty of flows of insurance contributions and pension payments and, thirdly, significant influence of the instable market environment upon investment processes. The proposed fuzzy set economic and mathematical model of the task of optimal management of pension assets of the defined contribution system is a target function of minimisation of the investment risk as the risk of insufficiency of net pension assets and system of restrictions that reflect restriction of the investment activity with pension assets of the defined contribution pension system, determined by the current pension legislation.
Keywords: defined contribution pension system, pension assets, investments, risk, fuzzy sets, model
Tabl.: 1. Formulae: 13. Bibl.: 10.

Rudensky Roman A. – Doctor of Sciences (Economics), Professor, Professor, Department of economic modeling, Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine)
Email: roman.rudensky@gmail.com

Reference to this article:
Rudensky, Roman A. (2014) “Model of managing pension assets of the defined contribution mandatory state pension system.” The Problems of Economy 1:72–76.

List of references in article

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Nedosekin, A. O. “Metodologicheskie osnovy modelirovaniia finansovoy deiatelnosti s ispolzovaniem nechetko-mnozhestvennykh opisaniy“ [Methodological bases of financial modeling activities using fuzzy multiple descriptions]. diss. … dokt. ekon. nauk : 08.00. 13, 2003.
Nedosekin, A. O. “Nechetko-mnozhestvennyy podkhod k aktuarnomu modelirovaniiu“ [Fuzzy-set approach to actuarial modeling]. http://sedok.narod.ru/sc_group.html
Danich, V. N. “Aktuarnaia model v nechetko-mnozhestvennoy postanovke“ [Actuarial model in fuzzy set-statement]. Biznes Inform, no. 12 (3) (2007): 5-7.
Chernov, V. G., and Remezova, E. M. “Metody ucheta neopredelennosti v investitsionnom analize“ [Methods of accounting for uncertainty in the investment analysis]. Daydzhest-Finansy, no. 5 (221) (2013): 84-89.
Kofman, A., and Khil Alukha, Kh. Vvedenie teorii nechetkikh mnozhestv v upravlenii predpriiatiiami [Introduction of the theory of fuzzy sets in the management of enterprises]. Minsk: Vysheyshaia shkola, 1992.
Asai, K., Terano, T., and Sugeno, M. Prikladnye nechetkie sistemy [Applied fuzzy systems]. Moscow: Mir, 1993.

Section: Economics and national economy management
UDC 519.688. 656.26:385.33:316
Samsonkin V. M., Adzhavenko M. M.
Development of models of assessment of influence of human factor upon innovation development of railroad transport enterprises (p. 77 - 82)
Changes in the socio-economic environment of functioning of railroad companies and corresponding transition to market economic conditions make us deeply reconsider our relation to the human factor as the main source of increase of the level of efficiency of both individual railroad enterprises and companies in general. But, apart from exclusively humanistic (evolution) relation to this process, it is necessary to find means of formalisation of professional activity of a person or certification of personnel. The article is devoted to the above stated issues. In the result of the study the article develops a model of analysis of professional activity of a person at railroad transport, which gives a possibility to numerically determine the level of intellectual, social and physical components of the human factor and also to identify directions and efficiency of investing and a model of determination of the number, which ensures optimisation of the number of personnel of enterprises and structural subdivisions. In order to identify the most significant resources that are connected with personnel, time, place, method, motivation type, obtained effect and intensity of railroad transport operation the article offers to analyse results of professional activity of personnel of each structural subdivision by the “what” is created / developed / performed (regarding professional activity), “where” (enterprise name and its subordination),“when” and “who” created (developed / performed) and “how” and “why” scheme.
Keywords: human factor, professional activity, efficiency, effect
Fig.: 7. Formulae: 1. Bibl.: 10.

Samsonkin Valerii M. – Doctor of Sciences (Engineering), Professor, State Research Center of Railway Transport of Ukraine (39 Ivana Fedorova Str., Kyiv, 03038, Ukraine)
Email: samsonkin@1520mm.com
Adzhavenko Maryna M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Business Economy, State Economy-Technological University of Transport (19 M. Lukashevycha Str., Kyiv, 03049, Ukraine)
Email: adzhavenkom@ukr.net

Reference to this article:
Samsonkin, Valerii M., and Adzhavenko, Maryna M. (2014) “Development of models of assessment of influence of human factor upon innovation development of railroad transport enterprises.” The Problems of Economy 1:77–82.

List of references in article

Adzhavenko, M. M. “Liudskyi kapital v ekonomichnii perspektyvi transportnoho pidpryiemstva“ [Human capital in the economic perspective of transport]. Formuvannia rynkovykh vidnosyn v Ukraini, no. 1 (2013): 128-132.
Adzhavenko, M. M. “Suchasni kontseptsii upravlinnia zaliznychnym transportom“ [Modern management concepts rail]. Ekonomichnyi chasopys – KhKhI, no. 7-8 (2013): 94-96.
Adzhavenko, M. M. “Innovatsiinyi rozvytok pidpryiemstv transportu v postindustrialnykh ekonomichnykh systemakh“ [Innovative development of transport enterprises in post-industrial economies]. Zbirnyk naukovykh prats DETUT. Seriia «Ekonomika i upravlinnia», no. 21 (2012): 130-137.
Kremen, V. H., Madzihon, V. M., and Skotnyi, V. H. Intelektualna vlasnist: teoriia i praktyka innovatsiinoi diialnosti [Intellectual property: the theory and practice of innovation]. Kyiv: Profesional, 2005.
Tsvietov, Yu. M., Makarenko, M. V., and Lashko, A. D. Zaliznychnyi transport Ukrainy na porozi reformuvannia [Rail transport Ukraine on the eve of reform]. Kyiv: KUETT, 2008.
Samsonkin, V. N. “Teoreticheskie osnovy avtomatizirovannogo kontrolia chelovecheskogo faktora v cheloveko-mashinnykh sistemakh na zheleznodorozhnom transporte“ [Theoretical Foundations of the automated control of the human factor in man-machine systems in rail transport]. dis. … dokt. tekhn. nauk : 05.22. 08, 1997.
Vayser, M., Shneyderman, B., and Uillidzhis, R. Chelovecheskiy faktor [The human factor]. Moscow: Mir, 1991.
Samsonkin, V. N., and Druz, V. A. Metod statisticheskoy zakonomernosti v upravlenii bezopasnostiu dvizheniia na zheleznodorozhnom transporte [Method of statistical regularities in the management of traffic safety on the railways]. Donetsk: DonIZhT, 2005.
Samsonkin, V. N., and Popova, G. V. “Osnovnye napravleniia ergonomicheskogo i sotsialno-psikhologicheskogo obespecheniia deiatelnosti rabotnikov zheleznodorozhnogo transporta Ukrainy“ [Main directions of ergonomic and socio-psychological support of the railway workers of Ukraine]. Chelovecheskiy faktor: Problemy psikhologii i ergonomiki, no. 3 (40) (2007): 138-143.
Samsonkin, V. N., and Popova, G. V. Ergonomic and social-psychological security of activity of large corporation on a railway transportation exampleWroclaw, 2008.

Section: Economics and national economy management
UDC 504.064
Semak B. B.
Role of the ecological audit in information support of the domestic market of eco-textile (p. 83 - 87)
The goal of the article is the study of the place and role of the ecological audit in the system of ecological management of textile enterprises of Ukraine, ecologisation of technologies of textile manufacture, formation of the range and quality and ensuring ecological safety of products of textile enterprises. In the result of the study the article specifies the role and place of the ecological audit in formation of the system of ecological management of enterprises of the domestic textile industry. Special attention is paid to the role of the ecological audit in information support to participants of the domestic eco-textile market. The article justifies expediency of the use of results of ecological audit of textile products with the aim of increasing its competitiveness in the market. It is expedient to conduct further studies in the directions of development of mechanisms of introduction of the ecological audit at textile enterprises of Ukraine and study of influence of ecological audit of products of domestic textile enterprises upon satisfaction of growing ecological needs of consumers of these products in Ukraine.
Keywords: ecological audit, information support, ecological management, eco-textile market
Bibl.: 9.

Semak Bohdan B. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of marketing, Lviv Academy of Commerce (10 Tuhan-Baranovskoho Str., Lvіv, 79005, Ukraine)
Email: bbsemak@ukr.net

Reference to this article:
Semak, Bohdan B. (2014) “Role of the ecological audit in information support of the domestic market of eco-textile.” The Problems of Economy 1:83–87.

List of references in article

Ohorodnyk, M. M., and Novak, U. P. “Tendentsii rozvytku ekolohichnoho audytu iak instrumenta systemy ekolohichnoho menedzhmentu“ [Trends in the environmental audit as a tool for environmental management systems]. Visnyk NU «Lvivska politekhnika», no. 647 (76) (2009): 440-444.
Dekaliuk, O. V., and Stasiuk, I. V. “Vprovadzhennia ekolohichnoho menedzhmentu ta audytu dlia zabezpechennia ekolohichnoi bezpeky pidpryiemstva“ [Implementation of environmental management and audit to ensure environmental security]. Visnyk KhNU vol. 1, no. 2 (2010): 235-242.
Kocherha, M. M. “Rol ekolohichnoho audytu v systemi upravlinnia pryrodnymy resursamy“ [The role of environmental audit in the management of natural resources]. Innovatsiina ekonomika, no. 2 (28) (2012): 15-19.
Galushkina, T. P. Ekonomicheskie instrumenty ekologicheskogo menedzhmenta: teoriia i praktika [Economic instruments of environmental management: theory and practice]. Odessa: IPRiEEI NAN Ukrainy, 2000.
Skrypchuk, P. M. Teoretyko-metodolohichni osnovy formuvannia systemy ekolohichnoi standartyzatsii i sertyfikatsii [Theoretical and methodological guidelines for the development of ecological standardization and certification]. Rivne: NUVHP, 2011.
Basantsov, I. V., and Panteleichuk, O. S. “Ekolohichnyi audyt v Ukraini: aktualnist, problemni pytannia ta napriamy udoskonalennia“ [Environmental audit in Ukraine: relevance, problems and areas for improvement]. Mekhanizmy rehuliuvannia ekonomiky, no. 1 (2010): 38-46.
Semak, B. B. Teoretyko-metodolohichni osnovy formuvannia vitchyznianoho syrovynnoho rynku ekolohichno bezpechnykh tovariv tekstylnoi promyslovosti [Theoretical and methodological guidelines for the development of the domestic commodity market of environmentally friendly textile and clothing products]. Kherson: Hrin D. S., 2011.
Semak, B. B. “Rol ekolohichnoi ekspertyzy ta audytu u formuvanni vitchyznianoho rynku ekotekstyliu“ [The role of environmental review and audit in shaping domestic market Eco-textile]. Visnyk SumDU. Seriia «Ekonomika», no. 1 (2011): 142-149.
Bodnar, O., Biliavskyi, H., and Satalkin, Yu. “Ekonomichnyi audyt: svitovyi dosvid i vitchyzniani realii“ [Audit : international experience and domestic realities]. Visnyk NAN Ukrainy, no. 4 (2011): 42-50.

Section: Economics and national economy management
UDC 338.242
Semenov V. F., Chekulaieva O. D.
Mechanism of state regulation of innovation development of the construction sphere (p. 88 - 94)
The article provides theoretical and methodological justification of the process of formation of the mechanism of state regulation of innovation development of the construction sphere of Ukraine. The article studies conceptual provisions of formation of the mechanism of state regulation of innovation development of the construction sphere. It develops the mechanism of state regulation of innovation development of the construction sphere, realisation of which would ensure stable, effective and system functioning of the construction sphere on the basis of newest technologies and would become a powerful incentive for the national economy development. It analyses main principles, functions and instruments of state regulation of innovation development of the construction sphere in detail. It offers and justifies organisational, information, personnel and financial and economic support and also tax stimulation of creation of the mechanism of state regulation of innovation development of the construction sphere. Prospects of further studies in this direction is identification of priorities of innovation development of construction in the regional context, development of directions of improvement of the mechanism of state regulation of innovation development of the construction sphere and assessment of efficiency of the state impact on innovation development of construction.
Keywords: construction sphere, state regulation, economic mechanism, innovation development
Fig.: 1. Bibl.: 12.

Semenov Vasil F. – Doctor of Sciences (Economics), Professor, Professor, Department of Management and Project Management, Odesa State Academy of Civil Engineering and Architecture (4 Dіdrіkhsona Str., Odesa, 65029, Ukraine)
Email: semva@ukr.net
Chekulaieva Olena D. – Applicant, Odesa State Academy of Civil Engineering and Architecture (4 Dіdrіkhsona Str., Odesa, 65029, Ukraine)
Email: podkaluk@mail.ru

Reference to this article:
Semenov, Vasil F., and Chekulaieva, Olena D. (2014) “Mechanism of state regulation of innovation development of the construction sphere.” The Problems of Economy 1:88–94.

List of references in article

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[Legal Act of Ukraine] (2006). http://zakon2.rada.gov.ua/laws/show/1001-2006-%D0%BF/page

Section: Economics and national economy management
UDC 338.439.5(4):54(477)
Skrypnyk A. V., Rodyna M. A., Volovodenko L. V.
Prospects of achieving the world standards of meat consumption in Ukraine (p. 95 - 102)
The article analyses possible variants of growth of the level of consumption of meat products (beef, pork, and poultry) during the nearest 6 years. The article considers, as a basic variant, planned indicators provided by the Institute of Agrarian Economy and approved in “Strategy of Development of the Agrarian Sector for the Period until 2020”. Based on the time series of meat products consumption during 2000 – 2012, the article builds a forecast of consumption until 2020 using methods of econometric analysis. The article compares the obtained forecast indicators with official indicators, on the basis of which a conclusion is made with respect to groundlessness of planned indicators of beef consumption, for realisation of which the 15% annual growth is needed. In order to specify the level of meat products consumption depending on the level of income, the whole population was presented in the form of three groups: under-provided (40%), averagely provided (30%) and well-provided (30%). Optimisation task for maximum of caloricity of the meat products basket, with availability of budget and production (built up on the forecast) restrictions, was solved for each group. In the result an optimal ration, which differs significantly both in composition and caloricity, was obtained for each group. Moreover, the article shows that in order to achieve these meat products baskets, it is necessary to bring beef import up to 210 thousand tonnes and the unclaimed 190 thousand tonnes of pork and 210 tonnes of poultry could be exported.
Keywords: consumption of meat products, optimal consumption, budget and production restrictions, forecast, beef, pork, poultry
Fig.: 6. Tabl.: 3. Bibl.: 18.

Skrypnyk Andrii V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economic Cybernetics, National University of Life and Environmental Sciences of Ukraine (15 Heroiv Oborony Str., Kyiv, 03041, Ukraine)
Email: avskripnik@ukr.net
Rodyna Maryna A. – Masters Student, National University of Life and Environmental Sciences of Ukraine (15 Heroiv Oborony Str., Kyiv, 03041, Ukraine)
Email: rodinaman@gmail.com
Volovodenko Lesya V. – Senior Lecturer, Department of Economics, Finance, Accounting and Auditing, Melitopol separate division Zaporizhzhya Institute of Economics and Information Technology (21-a 50-rіchchia Peremohy Ave., Melitopol, 72313, Ukraine)

Reference to this article:
Skrypnyk, Andrii V., Rodyna, Maryna A., and Volovodenko, Lesya V. (2014) “Prospects of achieving the world standards of meat consumption in Ukraine.” The Problems of Economy 1:95–102.

List of references in article

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Section: Economics and national economy management
UDC 658.5.012.7:330.131.7
Shvets V. H., Travinska S. I.
Programme of identification and assessment of risks at Ukrainian milk processing factories (p. 103 - 108)
The goal of the article lies in the study of possible risks at a milk processing factory and their identification and assessment by relevant criteria and creation of the efficient risk management system with the help of methods of reacting to them. The article considers the economic risk of production processes at a milk processing factory and control of their limit, studies identification and assessment of possible risks in accordance with the international practice pursuant to the COSO concept, and analyses methods of identification of assessment of the risk level and relevant methods of reacting to them. The authors offer the milk processing factory risk identification and assessment programme, which would ensure timely detection of the most important risks, which require relevant reactions, and development of new methods of internal control and recommendations on improvement of the risk assessment system for ensuring efficient activity of a factory in general.
Keywords: economic risk, identification and assessment, COSO concept, risk identification and assessment programme, milk processing factory
Tabl.: 4. Bibl.: 8.

Shvets Victor H. – Doctor of Sciences (Economics), Professor, Department of Accounting and Auditing, Taras Shevchenko National University of Kyiv (60 Volodymyrska Str., Kyiv, 01033, Ukraine)
Travinska Svitlana I. –

Reference to this article:
Shvets, Victor H., and Travinska, Svitlana I. (2014) “Programme of identification and assessment of risks at Ukrainian milk processing factories.” The Problems of Economy 1:103–108.

List of references in article

Giniiatov, R. “Risk i kontrol (model COSO)“ [Risk and control (model COSO)]. http://www.iia-ru.ru/inner_auditor/publication/member_articles/risk_and_control_gniyatov/
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Kopytin, V. Yu. “Modelirovanie riskov i suzhdeniy i ikh predstavlenie v finansovoy otchetnosti“ [Risk modeling and judgments and their presentation in the financial statements]. MSFO i MSA v kreditnoy organizatsii, no. 1 (2009).
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Tsymbaliuk, O. V. “Metodychna skhema kompleksnoi otsinky tekhnichnykh ryzykiv metalurhiinoho pidpryiemstva“ [Articles scheme integrated assessment of technical risks Steel Plant]. Stalyi rozvytok ekonomiky, no. 3 (20) (2013): 105-110.
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Travinska, S. I. “Risk assessment and management as the component of the internal control system of milk processing companies“European journal of economic studies, no. 2 (4) (2013): 136-.

Section: Economics and national economy management
UDC 338.24:338.45
Yanenkova I. G., Liakhovets O. O.
Essence of institutional provision of industrial complex development (p. 109 - 116)
The article identifies and justifies the essence of institutional provision of the industrial complex development. It systemises and justifies main institutes of industrial complex of Ukraine. It marks a necessity of improvement of institutional structures, which influence activity and development of the industrial complex, that should go along the way of use of both market mechanisms and state regulation of functioning of links of the national innovation system. The article identifies main directions of organisational and institutional transformations in the industrial complex of Ukraine. It justifies expediency of shifting the focus of structural transformations in industry to the regional level and develops proposals with respect to distribution of authorities of state and regional bodies of authorities for the conduct of these reforms.
Keywords: institutes, institutional provision, institutionalism, industrial complex, industrial policy
Tabl.: 2. Bibl.: 17.

Yanenkova Iryna G. – Doctor of Sciences (Economics), Associate Professor, Leading Researcher, Sector of the Digital Economy, Institute for Economics and Forecasting of NAS of Ukraine (26 Panasa Myrnoho Str., Kyiv, 01011, Ukraine)
Email: 777fler@gmail.com
Liakhovets Olena O. – Candidate of Sciences (Economics), Associate Professor, Dean, Faculty of Economic Sciences, Petro Mohyla Black Sea National University (10 68 Desantnykіv Str., Mykolaiv, 54003, Ukraine)
Email: o.liakhovetz@gmail.com

Reference to this article:
Yanenkova, Iryna G., and Liakhovets, Olena O. (2014) “Essence of institutional provision of industrial complex development.” The Problems of Economy 1:109–116.

List of references in article

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Hruppa Vsemyrnoho banka. http://www.worldbank.org/ru/news/press-release/2012/10/01/jobs-cornerstone-development-says-world-development-report

Section: Economics and national economy management
UDC 330.342.95
Hubarieva I. O.
Assessment of quality of anti-corruption state programmes (p. 117 - 122)
Complex use of target programming, expert assessment and taxonomic analysis allows assessment of quality of state anti-corruption programmes by such criteria as: integrity, correspondence with regulatory acts, structure and content, scientific justification and ability to solve problems (realisability), at which it is directed, with the aim of improving the quality of state policy documents. The conducted analysis shows low quality of regional anti-corruption policy in structural and content contexts, resource provision and mechanisms of realisation and control, which negatively influences effectiveness of introduction of mechanisms of crime prevention and corruption fighting. Assessment of quality of target regional anti-corruption programmes in Ukraine on the basis of the developed methodical approach confirmed inefficiency of the modern policy approach to solution of problems of reduction of the corruption level in the country.
Keywords: corruption, programme oriented approach, state regulation, state programme, expert assessment, taxonomic analysis
Tabl.: 1. Bibl.: 30.

Hubarieva Iryna O. – Doctor of Sciences (Economics), Professor, Deputy Director, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: gubarievairyna@gmail.com

Reference to this article:
Hubarieva, Iryna O. (2014) “Assessment of quality of anti-corruption state programmes.” The Problems of Economy 1:117–122.

List of references in article

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Section: Economics and national economy management
UDC 378.091:332.142.2:37.014.5(477)”20”
Kocharian I. S.
Analysis of training potential and development of higher education of Ukraine (p. 123 - 128)
The article analyses the use of training potential and formation of the complex state policy on development of the higher education system in Ukraine. It shows that absence of the strategy of regional development of the higher education potential and selection of the place of obtaining higher education by entrants results in overload of infrastructure of socio-household services of some cities and requires additional investments. It shows that information about specific additional investments is complex and requires preliminary computation and analysis since it depends on a region where a specialist is trained, on a region from which the specialist came from, whether there is a deficit of training capacity of the region, whether the trained specialist stays in the city where this specialist obtained education, and also on the volume of fixed assets of the region that falls on one person and on the structure of these assets. The article makes calculations for determining a set of rules of specific investments depending on situations that take place during solution of a complex task. It presents a matrix model of the complex task of distribution of services on obtaining higher education in the context of regions. It develops a target function, which identifies the total amount of investments into fixed assets for maintaining the level of socio-household services and into fixed assets of the “Education” type of economic activity.
Keywords: higher education, region, training capacity, matrix model, target function
Fig.: 1. Tabl.: 1. Formulae: 20. Bibl.: 15.

Kocharian Inna S. – Candidate of Sciences (Economics), Associate Professor, Pro-rector, Kiev National University of Theatre, Film and Television named after I. K. Karpenko-Kary (40 Yaroslavіv Val Str., Kyiv, 01054, Ukraine)
Email: k-inna@bigmir.net

Reference to this article:
Kocharian, Inna S. (2014) “Analysis of training potential and development of higher education of Ukraine.” The Problems of Economy 1:123–128.

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Luhovyi, V. I. “Systemna modernizatsiia pedahohichnoi i naukovo-pedahohichnoi osvity – neobkhidna umova zabezpechennia osvitnyoi iakosti“ [System upgrade teaching and research and teacher education - a necessary condition to ensure educational quality]. Vyshcha osvita Ukrainy, no. 1 (2009): 20-25.
“Natsionalna stratehiia rozvytku osvity v Ukraini na 2012 – 2021 roky“ [National Strategy for the Development of Education in Ukraine in 2012 - 2021 years]. mon.gov.ua›images/files/news/12/05/4455.pdfdwqe1`2
Reshetnikov, M. T. “Innovatsionnye obrazovatelnye tekhnologii v vuze kak obekt vneshney ekspertizy“ [Innovative educational technology at the university as an object of external expertise]. In Vnedrenie evropeyskikh standartov i rekomendatsiy dlia sistem garantii i kachestva obrazovaniiaMoscow, 2008.
Subetto, A. I. “Kachestvo obrazovaniia: problemy otsenki i monitoringa“ [Quality of education: problems of evaluation and monitoring]. www.iso9000.by.ru/docs/sk/ng669_-1.htm
Statystychnyi shchorichnyk Ukrainy za 2011 rik [Statistical Yearbook of Ukraine for 2011]. : Derzhavna sluzhba statystyky Ukrainy.
Stebliuk, N. F. “Derzhavne rehuliuvannia pidhotovky fakhivtsiv u systemi vyshchoi osvity Ukrainy“ [State regulation of training in higher education in Ukraine]. avtoref. dys. ... nauk. st. kand. ekon. nauk : 08. 00. 03, 2012.

Section: Economics and national economy management
UDC 336.761 (477)
Krasnova I. V.
Stock market in Ukraine: state and prospects of development (p. 129 - 134)
The article is devoted to analysis of the topical problem of detection of specific features of functioning and problem of development of the stock market of Ukraine and also justification of directions of increase of its liquidity and efficiency. It analyses main tendencies and regularities of development of the stock market in the context of institutional, instrumental and infrastructural components. It considers issues of changes of volumes of trade and other parameters of activity of stock exchanges during recent years. It focuses on existing problems on the way of development of the stock market of Ukraine, which interfere with its efficient functioning, in particular, a limited number of liquid and investment attractive financial instruments, high fragmentariness of the exchange and depositary infrastructure, and insufficient legislative regulation of the exchange activity. For solution of problem issues and stimulation of further development of the domestic stock market the article marks expediency of consolidation of stock exchanges, necessity to increase capitalisation, liquidity and transparency of the stock market; further formation and consolidation of the market infrastructure and ensuring its reliable and efficient functioning, and improvement of mechanisms of state regulation, supervision and protection of the rights of investors in the Ukrainian stock market.
Keywords: stock exchange, financial instruments, shares, infrastructure, depositary activity, clearing
Fig.: 1. Tabl.: 2. Bibl.: 16.

Krasnova Iryna V. – Doctor of Sciences (Economics), Professor, Professor, Department of Banking and Insurance, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: krasnova_iryna@kneu.edu.ua

Reference to this article:
Krasnova, Iryna V. (2014) “Stock market in Ukraine: state and prospects of development.” The Problems of Economy 1:129–134.

List of references in article

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Yatsiuk, H. V. “Modernizatsiia torhivelnoi infrastruktury rynku tsinnykh paperiv“ [Modernisation of the trading securities market infrastructure]. Finansova infrastruktura Ukrainy: problemy ta napriamky rozvytku. Kyiv: Krynytsia, 2013.170-172.
Radelytskyi, Yu. V. “Derzhavne rehuliuvannia rynku finansovykh investytsii: zarubizhnyi dosvid i natsionalni realii“ [State regulation of financial investments: international experience and national realities]. Naukovyi Visnyk NLTU Ukrainy, no. 19. 13 (2009): 242-248.
“Ohliad rynku tsinnykh paperiv“ [Market securities]. http://www.ufin.com.ua/analit_mat/rzp/222.htm
Butenko, D. S. “Rozvytok instrumentiv birzhovoho fondovoho rynku iak neobkhidna umova zabezpechennia konkurentospromozhnosti torhivelnoi infrastruktury natsionalnoho fondovoho rynku“ [Development tools exchange stock market as a necessary condition to ensure the competitiveness of the trading infrastructure of the national stock market]. Finansova infrastruktura Ukrainy: problemy ta napriamky rozvytku. Kyiv: Krynytsia, 2013. 117-120.
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Sheshelovskiy, M. “Evoliutsiia Internet-treydinga v Rossii. «Guta-Broker» – Internet-torgovaia sistema chetvertogo pokoleniia“ [The evolution of online trading in Russia. \"Guta-Broker\" - Internet trading system of the fourth generation]. http://www.old.rcb.ru/Archive/articles.asp?id=2192
“Komu nalezhat rosiiski korporatsii“ [Who owns the Russian corporation]. http://real-economy.com.ua/print/23537.html
Kalynets, K. S. “Analiz svitovoho dosvidu orhanizatsii fondovoi birzhi v konteksti mozhlyvostei ioho vykorystannia v Ukraini“ [Analysis of international experience of the stock exchange in the context of its capabilities in Ukraine]. Rehionalna ekonomika, no. 3 (2009): 182-191.
Rakhunkova palata Ukrainy. http://www.ac-rada.gov.ua/control/main/uk/index
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Shkolnyk, I. O., and Cherviakova, S. V. “Reformuvannia vitchyznianoi rozrakhunkovo-klirynhovoi systemy iak peredumova zabezpechennia efektyvnosti funktsionuvannia infrastruktury rynku tsinnykh paperiv u protsesi IRO“ [Reform of the national clearing and settlement system as a precondition for the effective functioning of securities market infrastructure in the IPO]. Problemy ekonomiky, no. 3 (2012): 15-19.
“Spysok aktsii dlia rozrakhunku Indeksa UX“ [List of shares for index calculation UX]. http://fs.ux.ua/files/59
Samets, S. M., and Ikonnikov, O. V. “Mistse i znachennia rynku tsinnykh paperiv v ekonomitsi Ukrainy“ [The place and importance of the stock market in the economy of Ukraine]. Naukovyi visnyk NLTU Ukrainy, no. 20 (2010): 244-252.
Chemerys, IE. “Kintsem iakoho fondovoho rynku nas liakaiut“ [The end of which we are afraid of the stock market]. Sait Ekonomichna Pravda. http://www.epravda.com.ua/columns/2012/11/8/343147/
Dzhusov, O. A., and Korotun, A. S. “Fondovyi rynok Ukrainy: suchasnyi stan, problemy rozvytku ta perspektyvy“ [Stock Market of Ukraine: current state, problems and prospects of development]. Ofitsiinyi sait Natsionalna biblioteka Ukrainy imeni V. I. Vernadskoho. http://www.nbuv.gov.ua

Section: Economics and national economy management
UDC 336.717.063
Krush P. V., Makaliuk I. V.
Realisation of functions of planning and organisation in the system of management of transaction expenses (p. 135 - 141)
The goal of the article lies in building a functional model of management of transaction expenses of an enterprise with specification of stages of realisation of planning functions in an organisation. In the result of the study the article marks out functions of management of transaction expenses, which ensure transformation of incoming (financial) resources into outgoing ones (optimised transaction expenses). The article identifies stages of realisation of “Planning transaction expenses” and “Organisation of management of transaction expenses” functions. It characterises in detail responsibilities of enterprise subdivisions that deal with management of transaction expenses. It establishes that the original element of the planning function is the budget of transaction expenses for a planning period and organisation – job descriptions of employees with detailed description of their duties and authorities, rights and obligations. The prospect of further scientific developments is study of stages of realisation of such management functions as “Motivation of personnel on rational use of funds and management of transaction expenses”, “Control over the state of management of transaction expenses” and “Regulation of the process of management of transaction expenses” of enterprises.
Keywords: transaction expenses, functional model, planning, organisation, management, enterprise
Fig.: 4. Bibl.: 10.

Krush Peter V. – Candidate of Sciences (Economics), Professor, Head of the Department, Department of Economics and Business, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: okavtysh@yandex.ru
Makaliuk Iryna V. – Postgraduate Student, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: irina.makaljuk@gmail.com

Reference to this article:
Krush, Peter V., and Makaliuk, Iryna V. (2014) “Realisation of functions of planning and organisation in the system of management of transaction expenses.” The Problems of Economy 1:135–141.

List of references in article

Bazaliieva, L. V. Naukovo-teoretychni ta metodychni osnovy upravlinnia transaktsiinymy vytratamy pidpryiemstva [Research and theoretical and methodological foundations of transaction costs]. Kharkiv: KhNEU, 2009.
Bodrov, O. G., and Fazlyeva, A. I. “Analiz transaktsionnykh izderzhek (neproizvoditelnykh zatrat) na mashinostroitelnom predpriiatii“ [Analysis of transaction costs (overhead) in the engineering enterprise]. Vestnik KGFEI, no. 1 (2) (2006): 32-36.
Hlushach, A. V., and Arkhiiereiev, S. I. “Transaktsiini vytraty formuvannia popytu i propozytsii na rynku pratsi v umovakh transformatsiinoi ekonomiky“ [Transaction costs create demand for and supply of labor in the transformation of the economy]. Biznes Inform, no. 4 (2013): 14-21.
Zinovchuk, V. V., and Vlasenko, O. P. “Upravlinnia transaktsiinymy vytratamy v ahrobiznesi“ [Managing transaction costs in agribusiness]. Management theory and studies for rural business and infrastructure development, no. 17 (2) (2009): 157-168.
Kudrina, O. Yu. “Vykorystannia analitychnykh modelei u planuvanni podatkovykh transaktsiinykh vytrat pidpryiemstva“ [The use of analytical models in planning tax transaction costs]. Ekonomika. Menedzhment. Pidpryiemnytstvo, no. 23 (І) (2011): 66-71.
Matolych, T. B. “Upravlinnia transaktsiinymy vytratamy maloho i serednyoho pidpryiemnytstva iak peredumova posylennia innovatsiinoi aktyvnosti ekonomiky“ [Managing transaction costs of small and medium enterprises as a prerequisite for promotion of innovation in the economy]. Innovatsiina ekonomika (2011): 54-59.
Mykhailovskyi, V. I., and Skliaruk, T. V. “Deiaki aspekty shchodo otsiniuvannia ta planuvannia transaktsiinykh vytrat u vyrobnycho-hospodarskii diialnosti pidpryiemstva“ [Some aspects concerning the evaluation and planning of transaction costs in production and business enterprises]. Naukovyi visnyk NLTU Ukrainy, no. 20.3 (2010): 186-191.
[Legal Act of Ukraine] (2005). http://zakon1.rada.gov.ua/laws/show/z0307-05
Nebava, M. I., Adler, O. O., and Lesko, O. I. Ekonomika ta orhanizatsiia vyrobnychoi diialnosti pidpryiemstva [Economics and organization of production activity]. Vinnytsia: VNTU, 2011.
Shepelenko, O. V. Transaktsionnye izderzhki v perekhodnoy ekonomike: problemy teorii i praktiki [Transaction costs in a transition economy: problems of theory and practice]. Donetsk: DonNUET, 2007.

Section: Economics and national economy management
UDC 654.077
Novykova I. V.
State regulation and support of competitiveness of telecommunication enterprises (p. 142 - 148)
The article analyses existing problems of state regulation and support of the telecommunication industry. It shows that the telecommunication infrastructure is formed, on the one hand, under the pressure of needs of consumers of various service market segments, on the other – internal organisational, personnel, scientific and financial resources of producers of telecommunication services. On the one hand, production of telecommunication services has a comparatively low financial threshold of entering into business, which is attractive for development of private entrepreneurship. On the other hand, the telecommunication industry needs globalisation and correspondence with international standards, which is not always accessible for enterprises of the industry. The modern stage of establishment and development of the Ukrainian telecommunication infrastructure is characterised with reorganisation of the structure of basic operators at all levels of management. Thus, decisions made at the state level exert significant influence upon development of the regional telecommunication market. A new institutional structure of management of the telecommunication sphere, connected with enlargement of organisational structures, is being built at the state level. All enterprises that work in the market of telecommunication services (as a rule, independently from the declared goals) pay main attention to consumers that are ready to pay for services. Profit and income are the main criteria of enterprise activity. They are central factors of survival in the competitive market. At the same time, this natural inclination leads to overpricing the tariffs, irregularity of distribution of services by districts and categories of consumers. The social factor takes the second place in motivation of activity of telecommunication companies. Telecommunication coverage of realisation of applied issues of the state management is carried out residually.
Keywords: state, telecommunication enterprises, state regulation, state support
Fig.: 2. Bibl.: 13.

Novykova Innola V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics, State University of Information and Communication Technology (7 Solomenska Str., Kyiv, 03110, Ukraine)
Email: innolanovykova@gmail.com

Reference to this article:
Novykova, Innola V. (2014) “State regulation and support of competitiveness of telecommunication enterprises.” The Problems of Economy 1:142–148.

List of references in article

Volkov, Yu. V. “Telekommunikatsionnoe pravo“ [Telecommunication Law]. http://www.telecomlaw.ru/studyguides/ telecom%201-5.pdf
Dobrovolska, V. “Deiaki pytannia shchodo nepriamykh (ekonomichnykh) metodiv derzhavnoho rehuliuvannia pidpryiemnytskoi diialnosti“ [Some issues concerning indirect (economic) methods of state regulation of business]. Pidpryiemnytstvo, hospodarstvo i pravo, no. 5 (2008): 49-52.
“European Business Association“ http://af.attachmail.ru/cgi-bin/readmsg/eba_fta_position_paper_ukr.txt?rid=3002490474&&id=12773133200000000948;0;1&mode=attachment&channel
Derzhavna sluzhba statystyky Ukrainy. http://www.ukrstat.gov.ua/
[Legal Act of Ukraine] (2007).
“Zakonodavstvo IES u haluzi zv’iazku“ [EU legislation in the field of communication]. http://www.nkrz.gov.ua/uk/1235055796
Liashenko, L. “Rehuliuvannia diialnosti sub’iektiv pryrodnykh monopolii potrebuie kardynalnykh zmin“ [Regulation of Natural Monopolies in need of dramatic change]. Konkurentsiia. Visnyk Antymonopolnoho komitetu Ukrainy, no. 4 (2007): 11-18.
[Legal Act of Ukraine] (2003).
[Legal Act of Ukraine] (2000).
Spravochnik po regulirovaniiu elektrosviazi [Handbook of Telecommunications Regulation]. : Makkarti Tetro, 2000.
Usenko, O. “Reforma tekhnichnoho rehuliuvannia iak zaporuka intehratsii Ukrainy do svitovoho hospodarstva“ [Reform of technical regulation as key to Ukraine\'s integration into the world economy]. Pidpryiemnytstvo, hospodarstvo i pravo, no. 10 (2009): 226-229.
Chechetov, M. “Innovatsiina skladova rynkovoi transformatsii“ [An innovative component of market transformation]. Ekonomika Ukrainy, no. 11 (2010): 4-14.
Shcherbyna, V. S. “Orhany derzhavnoi vlady ta orhany mistsevoho samovriaduvannia iak uchasnyky vidnosyn u sferi hospodariuvannia“ [State government and local governments as participants of economic relations]. Visnyk hospodarskoho sudochynstva, no. 1 (2008): 111-117.

Section: Economics and national economy management
UDC 38.124.4
Pronoza P. V.
Theoretical aspects of appearing of bubbles in economy (p. 149 - 157)
The article considers theoretical aspects of appearing of bubbles in economy. It analyses vies of scientists regarding the essence of this phenomenon and, with the help of content analysis, specifies the essence of the bubble notion in economy. It considers main stages of appearance of such bubbles. It offers classification of their types. It analyses pre-requisites of appearance of bubbles in economy and their features. It considers main existing approaches to detection and modelling appearance of bubbles. It proves that bubbles negatively influence economy of the countries, that is why, the problem of their detection and prevention is one of the central problems in the process of development of policy of state regulation of economy.
Keywords: economy, crisis, cycle, bubble, cost of assets, factors, features, classification, pre-requisites
Fig.: 1. Tabl.: 1. Bibl.: 49.

Pronoza Pavlo V. – Doctor of Sciences (Economics), Associate Professor, Dean, Faculty of Finance, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)

Reference to this article:
Pronoza, Pavlo V. (2014) “Theoretical aspects of appearing of bubbles in economy.” The Problems of Economy 1:149–157.

List of references in article

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Section: Economics and national economy management
UDC 332.2.021.8:338.432.003.13(477)
Skoruk O. P., Zubar I. V.
Solving problems of modern land relations on the way of formation of competitive agrarian production in Ukraine (p. 158 - 163)
The goal of the article is identification of modern problems of conduct of the land reform and ways of their solution in the context of economic consequences for development of the competitive agrarian production in Ukraine. It identifies that the main task of completion of the land reform is creation of the land market, which would ensure transition of the right of ownership on land lots to an efficient land owner. The basis of this development are farms that combine the owner and master of land in one entity. The article shows that adoption of the Draft Law “On Agricultural Land Turnover” would facilitate development of this form of management. The article identifies main problems of the moratorium on agricultural land sales, namely: land black market activity, withdrawal from market turnover of land of about USD 40 thousand million cost and, as a result, impossibility for agrarians to apply mortgage. The article identifies gaps in the legislation with respect to state control over unclaimed shares and escheats, due to which the state budget does not receive significant amounts of money. It offers ways of solution of these problems through empowering the founded Goszembank, which should become a partner and support for development of small and medium farms after withdrawal of the moratorium on agricultural land sales, with relevant authorities.
Keywords: land market, land share, farm, regulation, lending, mortgage
Bibl.: 15.

Skoruk Olena P. – Candidate of Sciences (Economics), Associate Professor, Department of Management of alternative energy sources, Vinnytsia National Agrarian University (3 Soniachna Str., Vinnytsia, 21008, Ukraine)
Email: skoruk_olena@ukr.net
Zubar Ivan V. – Postgraduate Student, Vinnytsia National Agrarian University (3 Soniachna Str., Vinnytsia, 21008, Ukraine)
Email: bayker112@rambler.ru

Reference to this article:
Skoruk, Olena P., and Zubar, Ivan V. (2014) “Solving problems of modern land relations on the way of formation of competitive agrarian production in Ukraine.” The Problems of Economy 1:158–163.

List of references in article

[Legal Act of Ukraine]. http://land.gov.ua/zakonotvorcha-diialnist/569.html
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aletnik, H. M. “Ipotechne kredytuvannia v silskomu hospodarstvi Ukrainy“ [Mortgage lending in agriculture in Ukraine]. Ekonomika APK, no. 7 (2013): 58-62.
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Martyn, A. H. “Zakonodavstvo pro orendu zemli maie buty kardynalno sproshchene“ [Legislation on land rent should be radically simplified]. Zemlevporiadnyi visnyk, no. 10 (2013): 10-11.
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Tomych, I. F. Ternysta doroha ukrainskoho fermera. Do 20-richchia fermerskoho rukhu (istoriia stanovlennia ta rozvytku AFZU) [Bumpy road Ukrainian farmer. On the 20th anniversary of the farmers\' movement (the history of formation and development UAFLO)]. Kyiv: Avitsena, 2010.
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Section: Economics and national economy management
UDC 330.354:330.341.2
Fylyppova I. H., Sumtsov V. H.
Social responsibility of the state and business as a factor of competitiveness and economic growth (p. 163 - 172)
The role of social factors in economic development of countries and nations cannot be ignored today. However, the goal of this article is not a proof of this already evident fact; the main hypothesis of the article is that the level of social responsibility of the state and business is directly reflected in competitiveness of the national economy and prospects of economic growth. The authors proceed from three quite evident assumptions: first – development of entrepreneurship is the basic factor of competitiveness in the market economy; second – competitiveness is a condition of export oriented economic growth; third – all the above listed “ingredients”, including economic growth, “close” on one key indicator – labour productivity, and the main problem lies in clear identification of the cause-effect relations between them. Thus, labour productivity is the nucleus of the “competitiveness – economic growth” system. The authors consider labour productivity as a function of three arguments: physical, human and social capital. Moreover, the first two arguments are a passive potential of the economic system and characterise the level of development of productive forces and only the social capital, which reflects the level of development of production relations, characterises real possibilities of the economic system with respect to realisation of its passive potential, that is, is the active potential of the system. The production function of social labour, identified in such a way, is, in fact, a characteristic of the social method of production. While studying influence of social factors upon development of entrepreneurship, competitiveness and economic growth, the authors reveal internal contradiction of the existing social method of production.
Keywords: competitiveness, economic growth, labour productivity, entrepreneurship, social capital, social responsibility, human potential development level
Fig.: 7. Formulae: 9. Bibl.: 20.

Fylyppova Iryna H. – Candidate of Sciences (Economics), Associate Professor, Candidate on Doctor Degree, East-Ukrainian National University named after V. Dahl (59a Tsentralnyi Ave., Sievierodonetsk, Luhansk region, 91034, Ukraine)
Email: garevna@mail.ru
Sumtsov Viktor H. – Candidate of Sciences (Economics), Professor, Head of the Department, Department of Personnel Management and Economic Theory, Institute of Management East Ukrainian National University named after V. Dahl (vul. Tukhachevskogo,11, Lugansk, 91034, Ukraine)

Reference to this article:
Fylyppova, Iryna H., and Sumtsov, Viktor H. (2014) “Social responsibility of the state and business as a factor of competitiveness and economic growth.” The Problems of Economy 1:163–172.

List of references in article

Fylyppova, I. H. “Novi aspekty efektyvnosti ekonomichnykh protsesiv“ [New aspects of the efficiency of the economic process]. Visnyk SNU imeni V. Dalia vol. 2, no. 7 (196) (2013): 219-224.
Gaulier, G., Santoni, G., and Taglioni, D. “In the Wake of the Global Crisis : Evidence from a New Quarterly Database of Export Competitiveness“ http://www-wds.worldbank.org/external/default/WDSContentServer/IW3P/IB/2013/12/26/000158349_20131226153220/Rendered/PDF/WPS6733.pdf
Romain, W., and Welsh, K. H. “Trade Liberalization and Growth: New Evidence“ http://www.nber.org/papers/w10152
Krugman, P. “Competitiveness: A Dangerous Obsession“ http://www.foreignaffairs.com/articles/49684/paul-krugman/competitiveness-a-dangerous-obsession
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“A Study on the Factors of Regional Competitiveness“ http://ec.europa.eu/regional_policy/sources/docgener/studies/pdf/3cr/competitiveness.pdf
Ketels, C. “Export Competitiveness: Reversing the Logic“ http://www.isc.hbs.edu/pdf/WB_Export_Competitiveness_March2010.pdf
Fylyppova, I. H. “Metodolohycheskaia kontseptsyia analyza sotsyalno-ekonomycheskykh system“ [Methodological concept of socio-economic systems]. http://mpra.ub.uni-muenchen.de/46767/1/MPRA_paper_46767.pdf
Fylyppova, I. H. “Trudovyi potentsial u konteksti vidchuzhennia funktsii“ [The employment potential in the context of alienation functions]. http://mpra.ub.uni-muenchen.de/47533/8/MPRA_paper_47503.pdf
Fylyppova, Y. H. “Korruptsyia, demokratyia y rehuliatornaia effektyvnost hosudarstva“ [Corruption, Democracy and State regulatory efficiency]. http://mpra.ub.uni-muenchen.de/49951/1/MPRA_paper_49951.pdf
“World Development Indicators“. The World Bank. http://data.worldbank.org/data-catalog/world-development-indicators
“The Legatum Institute, The Legatum Prosperity Index, 2013“. http://www.prosperity.com/#!/
“Inequality-adjusted Human Development Index (IHDI) / UNDP“. http://hdr.undp.org/en/statistics/ihdi
“Human Development Report, UNDP, 2013“. http://hdr.undp.org/en/2013-report
“The Rule of Law Index“. http://www.worldjusticeproject.org/rule-of-law-index
Fylyppova, I. H., and Sumtsov, V. H. “Kontseptsiia otsinky sotsialnoi vidpovidalnosti biznesu“ [Concept evaluation of social responsibility]. https://mpra.ub.uni-muenchen.de/secure/47490/1/MPRA_paper_47490.pdf
Fylyppova, I. H., and Sumtsov, V. H. “Deontolohiia sotsialnoi vidpovidalnosti i mekhanizm sotsialnoho kontroliu“ [Deontology social responsibility and social control mechanism]. http://mpra.ub.uni-muenchen.de/47500/
Sumtsov, V. H., and Fylyppova, I. H. “Sotsialna vidpovidalnist derzhavy v konteksti rynkovykh vidnosyn“ [The social responsibility of the state in the context of a market economy]. http://mpra.ub.uni-muenchen.de/48980/
“The Word Economic Forum, Global Competitiveness Report 2012–2013“. http://reports.weforum.org/global-competitiveness-report-2012-2013/
“KOF Swiss Economic Institute, KOF Index of Globalization 2013“. http://globalization.kof.ethz.ch/

Section: Economics and national economy management
UDC 338.24: 338.48
Chernysh I. V.
Justification of principles and functions of the anti-crisis state policy in the tourist industry (p. 173 - 179)
The goal of the article is the study and justification of principles and functions of the anti-crisis policy of the state in the tourist industry. The article justifies and proves expediency of the use of principles and functions of the anti-crisis state policy in the tourist industry. The article marks out the scientific problem of identification of principles and functions of the anti-crisis state policy in the tourist industry by scientists, provides the composition and specifies the characteristics of principles of the anti-crisis state policy, and justifies functions of the anti-crisis state policy in the tourist industry; proves the necessity of identification of principles and functions when developing conceptual grounds of the anti-crisis state policy and establishes their interrelation and interdependence during realisation of the relevant concept.
Keywords: anti-crisis state policy, concept, crisis, principle, tourist industry, function
Tabl.: 2. Formulae: 1. Bibl.: 17.

Chernysh Iryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Management and Administration, Poltava National Technical Yuri Kondratyuk University (24 Pershotravnevyi Ave., Poltava, 36011, Ukraine)
Email: irinachernysh@gmail.com

Reference to this article:
Chernysh, Iryna V. (2014) “Justification of principles and functions of the anti-crisis state policy in the tourist industry.” The Problems of Economy 1:173–179.

List of references in article

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Elchaninov, D. V. “Razvitie mekhanizmov antikrizisnogo upravleniia na promyshlennykh predpriiatiiakh: teoriia i praktika“ [Development of mechanisms for crisis management in industrial plants: theory and practice]. avtoref. dis. ... d. e. n. spets. 08.00. 05, 2008.
Dovgan, D. A. “Printsipy antikrizisnogo upravleniia predpriiatiem“ [Principles of crisis management]. Grani nauki – 2013. Kazan: SMUiS, 2013. 567-568.
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Shtanhret, A. M., and Kopyliuk, O. I. Antykryzove upravlinnia pidpryiemstvom [Crisis management]. Kyiv: Znannia, 2007.
Dvornyk, M. A. “Suchasne rozuminnia antykryzovoho upravlinnia v diialnosti vitchyznianykh turystychnykh pidpryiemstv“ [Current understanding of crisis management in the activities of local tourism enterprises]. Naukovyi visnyk NLTU Ukrainy, no. 22. 4 (2012): 205-210.
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Buryi, S. A., and Matsekha, D. S. Antykryzove upravlinnia ta upravlinski rishennia – problemy pidpryiemstv maloho biznesu [Crisis management and management decisions - the problems of small businesses]. Khmelnytskyi: Triada-M, 2006.
Sviridova, N. D. “Kontseptsiia staloho rozvytku turyzmu v suchasnykh umovakh“ [The concept of sustainable tourism development in modern conditions]. Kultura narodov Prychernomoria, no. 176 (2009): 166-168.
Babushkina, E. A., Biriukova, O. Yu., and Vereshchagina, L. S. Antikrizisnoe upravlenie [Crisis management]. Moscow: Eksmo, 2008.
Sapa, N. V. “Teoretyko-metodolohichni zasady mekhanizmu antykryzovoho derzhavnoho upravlinnia“ [Theoretical and methodological basis of the mechanism of crisis governance]. Humanitarnyi visnyk ZDIA, no. 38 (2009): 106-116.
Vasylenko, V. O. Antykryzove upravlinnia pidpryiemstvom [Crisis management]. Kyiv: TsUL, 2003.
“Ekonomicheskiy slovar“ [Dictionary of Economics]. http:www.market-pages.ru/makroec/47.html
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Uspenskiy, V. A. Lektsii o vychislimykh funktsiiakh [Lectures on computable functions]. Moscow: Gosudarstvennoe izdatelstvo fiziko-matematicheskoy literatury, 1960.

Section: Regional economy
UDC 332.02
Chernykhivska A. V.
Strategic planning of the regional environmental policy (p. 180 - 185)
The article justifies the necessity of introduction of management of regional development of strategic planning. It focuses on importance of the complex work on creation of regulatory and legal, organisational and educational grounds of these activity and also availability of social and material motivation for this activity to become necessary, mandatory and sensitive. The article is devoted to theoretical, methodological and applied issues of formation and realisation of the regional environmental policy. It justifies theoretical essence of the “regional environmental policy” notion. It offers priority directions of the regional ecological policy. It shows that strategic planning of the regional development is based on assessment of competitive advantages and shortcomings of a region and also opportunities and threats with respect to its further development and is considered as one of the most prospective and efficient mechanisms of realisation of the long-term regional environmental policy under conditions of global integration.
Keywords: environmental policy, regional environmental policy, regional development, strategic planning, sustainable development, efficient nature management, natural environment
Fig.: 2. Bibl.: 10.

Chernykhivska Anna V. – Candidate of Sciences (Economics), Associate Professor, Professor, Department of Educational Methodology for Sustainable Development, State Ecological Academy of Postgraduate Education and Management (35 Mytropolyta Vasylia Lypkіvskoho Str., Kyiv, 03035, Ukraine)
Email: rus-an@ukr.net

Reference to this article:
Chernykhivska, Anna V. (2014) “Strategic planning of the regional environmental policy.” The Problems of Economy 1:180–185.

List of references in article

[Legal Act of Ukraine] (2006). http://zakon.rada.gov.ua
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Halushkina, T. P., and Yatskov, A. V. “Rehionalni priorytety ekolohichnoi polityky (na prykladi Odeskoi oblasti)“ [Regional priorities for environmental policy (for example, Odesa region)]. Zbirnyk naukovykh prats LNTU, no. 7/27 (2010): 125-138.
Herasymchuk, Z. V., and Polishchuk, H. V. Stymuliuvannia staloho rozvytku rehionu: teoriia, metodolohiia, praktyka [Promoting sustainable development: theory, methodology, practice]. Lutsk, 2011.
Derzhavna rehionalna polityka Ukrainy: osoblyvosti ta stratehichni priorytety [State regional policy in Ukraine: characteristics and strategic priorities]. Kyiv: NISD, 2007.
Derzhavne upravlinnia rehionalnym rozvytkom Ukrainy [The state of regional development in Ukraine]. Kyiv: NISD, 2010.
Dovhan, L. IE., Karakai, Yu. V., and Artemenko, L. P. Stratehichne upravlinnia [Strategic Management]. Kyiv: Tsentr uchbovoi literatury, 2011.
Kravtsiv, V. S. Rehionalna ekolohichna polityka v Ukraini (teoriia formuvannia, metody realizatsii) [Regional Environmental Policy in Ukraine (theory formation, methods of implementation)]. Lviv: Aral, 2007.

Section: Economics and Enterprise Management
UDC 330.123
Verba V. A., Tyshchenko O. O.
Client capital as a source of enterprise cost (p. 186 - 192)
The article presents the authors’ vision of the essence of the client capital and its influence upon the enterprise cost. The goal of the article is explanation of the role of the client capital in the process of enterprise capitalisation with the help of the business cost capitalisation model: investments into assets – cash flow generation – enterprise capitalisation. The result of the study is the authors’ position regarding the essence and structuring the client capital, which gives a possibility to detect financial and managerial instruments of capitalisation of the client capital. The conducted analysis of dynamics of financial parameters of the world leaders of IT industry, car building, clothes manufacture and beverages production allows detection of interconnection of the enterprise cost with the volume of assets and profit and identification of influence of the client capital upon capitalisation of enterprises of various spheres of activity. The article develops a model of capitalisation of the client capital on the basis of detection of cash flows, caused by formation of enterprises of B2C and B2B types.
Keywords: intellectual capital, client capital, cash flows, capitalisation process, enterprise cost
Fig.: 4. Tabl.: 1. Bibl.: 8.

Verba Veronika A. – Doctor of Sciences (Economics), Professor, Professor, Department strategy of enterprises, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: v_verba@ukr.net
Tyshchenko Oleksandr O. – Postgraduate Student, Department strategy of enterprises, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: tyschenkooo@ukr.net

Reference to this article:
Verba, Veronika A., and Tyshchenko, Oleksandr O. (2014) “Client capital as a source of enterprise cost.” The Problems of Economy 1:186–192.

List of references in article

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Tyshchenko, O. O. “Kliientskyi kapital pidpryiemstva: semantychna identyfikatsiia ta strukturni elementy“ [Client capital of the company: semantic identification and structural elements]. Stratehiia ekonomichnoho rozvytku Ukrainy, no. 30 (2012): 116-124.
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Section: Economics and Enterprise Management
UDC 331.108
Grishnova O. A., Zhorova Y. R.
Human resourcing of the efficient system of anti-crisis corporate management (p. 193 - 198)
The goal of the article lies in development of human resourcing of the efficient system of anti-crisis corporate management. In the result of the study the article marks out and schematically depicts components of human resourcing of the efficient system of anti-crisis corporate management and interaction between them. The article identifies main requirements to the subjects of the system of anti-crisis corporate management from the position of efficient human resourcing of an enterprise. It analyses the personnel system of domestic engineering enterprises. It underlines provisions, which the human resourcing of the personnel management system should be based upon, within the framework of the system of anti-crisis corporate management.
Keywords: anti-crisis corporate management, human resourcing of the management system, personnel policy, job requirements to managers
Fig.: 1. Tabl.: 1. Bibl.: 11.

Grishnova Olena A. – Doctor of Sciences (Economics), Professor, Professor, Department of Enterprise Economics, Taras Shevchenko National University of Kyiv (60 Volodymyrska Str., Kyiv, 01033, Ukraine)
Email: grishnova@ukr.net
Zhorova Yevheniya R. – Postgraduate Student, Department of Enterprise Economics, Taras Shevchenko National University of Kyiv (60 Volodymyrska Str., Kyiv, 01033, Ukraine)
Email: y.zhorova@gmail.com

Reference to this article:
Grishnova, Olena A., and Zhorova, Yevheniya R. (2014) “Human resourcing of the efficient system of anti-crisis corporate management.” The Problems of Economy 1:193–198.

List of references in article

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Lihonenko, L. O. Antykryzove upravlinnia pidpryiemstvom: teoretyko-metodychni zasady ta praktychnyi instrumentarii [Crisis management now : theoretical and methodological principles and practical tools]. Kyiv: Naukova dumka, 2000.
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Section: Economics and Enterprise Management
UDC 658.512.62
Zborovska O. M., Halan O. Y.
Functional cost analysis of the enterprise labour potential (p. 199 - 203)
The article identifies the main task of the functional cost analysis (FCA) of labour potential. It proves that functions establishment is directly connected with goals of the enterprise. It provides an algorithm of labour potential FCA conduct. Based on FCA methods it identifies rules of establishment of labour potential functions. It considers factors and methods, which effectiveness of labour potential FCA depends on. One of the methods of identification of cost of functions lies in their assessment similarly to other labour functions. The second method of identification of cost of functions – assessment with consideration of labour intensity of the conducted works. The third method – normative method. The object of norm-setting in this method is a single labour function and the result of norm-setting is assessment of the cost of the function. The article considers main specific features of execution of stages of labour potential FCA. It identifies the following stages: preparational, informational, analytical, creative and research stages, development of recommendations and realisation of decisions made.
Keywords: labour potential, enterprise, functional cost analysis
Fig.: 1. Bibl.: 10.

Zborovska Olha M. – Doctor of Sciences (Economics), Associate Professor, Head of the Department, Department of Economics and International Business Company, Alfred Nobel University (18 Sicheslavska Naberezhna Str., Dnіpro, 49000, Ukraine)
Email: novacia-consult@mail.ru
Halan Olena Ye. – Applicant, Department of Economics and International Business Company, Alfred Nobel University (18 Sicheslavska Naberezhna Str., Dnіpro, 49000, Ukraine)
Email: novacia-consult@mail.ru

Reference to this article:
Zborovska, Olha M., and Halan, Olena Ye. (2014) “Functional cost analysis of the enterprise labour potential.” The Problems of Economy 1:199–203.

List of references in article

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Kovalev, A. P., Moyseeva, N. K., and Sysun, V. V. Spravochnyk po funktsyonalno-stoymostnomu analizu [Reference VEA]. Moscow: Fynansy y statystyka, 1988.
Balabanova, L., and Sardak, O. Upravlinnia personalom [Human Resource Management]. Kyiv: Profesional, 2006.
Vynohradskyi, M., Bieliaieva, S., and Vynohradska, A. Upravlinnia personalom [Human Resource Management]. Kyiv: Tsentr navchalnoi literatury, 2006.
Cherep, A. V., and Shytikova, L. V. “Analiz i otsinka efektyvnosti vykorystannia trudovykh resursiv na pidpryiemstvakh ahropromyslovoho kompleksu“ [Analysis and evaluation of the effectiveness of labor resources in agricultural enterprises]. Visnyk KhNU. Ekonomichni nauky vol. 2, no. 6 (2011): 308-311.

Section: Economics and national economy management
UDC 005.591.4:005.21
Otenko I. P., Iartym I. A.
Definition of the “economic security of strategic changes at an enterprise” notion (p. 204 - 210)
Availability of a multitude of approaches to management of economic security of an enterprise and systemisation of their provisions allow development of a conceptual framework by means of identification of the essence of the “enterprise economic security” notion in the context of development processes management. The article shows that essence and composition of the “economic security of strategic changes of an enterprise” notion should not only take into account the set of views and methods of understanding and their interpretation in various aspects, but also form the basic idea and tasks of ensuring economic security of strategic changes of an enterprise, which is reflected in results of its activity through prevention and assessment of threats and formation of the state of protection and qualitative changes. The presented provision that the economic security management system should be integrated into the processes of strategic changes of an enterprise allows forming methodical provision of management of economic security of strategic changes of an enterprise and instruments of management, directions of forming of which correspond with the enterprise strategic goals.
Keywords: economic security, threats, development, changes, strategic changes
Fig.: 1. Tabl.: 1. Bibl.: 21.

Otenko Iryna P. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of International Economic Relations, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: otenkoip@gmail.com
Iartym Iryna A. – Lecturer, Department of Economic Analysis, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: yartym.ia@gmail.com

Reference to this article:
Otenko, Iryna P., and Iartym, Iryna A. (2014) “Definition of the “economic security of strategic changes at an enterprise” notion.” The Problems of Economy 1:204–210.

List of references in article

Afanasev, N. V., Rogozhin, V. D., and Rudyka, V. I. Upravlenie razvitiem predpriiatiia [Managing the development of the enterprise]. Kharkiv: INZhEK, 2003.
Belokurov, V. V. “Struktura funktsionalnykh sostavliaiushchikh ekonomicheskoy bezopasnosti predpriiatiia“ [Structure of the functional components of economic security]. http://www.safetyfactor.ru
Bendikov, M. A. “Ekonomicheskaia bezopasnost promyshlennogo predpriiatiia“ [The economic security of the industrial enterprise]. Menedzhment v Rossii i za rubezhom, no. 2 (2000): 17-30.
Bolshoy ekonomicheskiy slovar [Big Dictionary of Economics]. Moscow: Institut novoy ekonomiki, 2002.
Vasyltsiv, T. H. Ekonomichna bezpeka pidpryiemnytstva Ukrainy: stratehiia ta mekhanizm zmitsnennia [Economic Security of Ukraine : Strategy and strengthening mechanism]. Lviv: Aral, 2008.
Hnilytska, L. V., Zakharov, A. I., and Pryhunov, P. Ya. Teoretyko-metodychni ta prykladni osnovy zabezpechennia ekonomichnoi bezpeky sub’iektiv hospodarskoi diialnosti [Theoretical and methodological and practical basis for the economic security of economic activity]. Kyiv: Dorado-Druk, 2011.
Hron, O. V. “Instrumentarii upravlinnia stratehichnymy zminamy pidpryiemstva“ [Tools for managing the strategic changes the company]. avtoref. dys. ... kand. ekon. nauk, 2013.
Evdokimov, F. I., and Mizina, E. V. “Ekonomicheskaia ustoychivost predpriiatiia kak faktor ego bezopasnosti“ [Economic sustainability of the enterprise as a factor in its security]. Sbornik nauchnykh trudov DonGTU (2001): 16-25.
Ekonomika pidpryiemstva [Business Economics]. Kyiv: KNEU, 2006.
Iliashenko, S. N. “Otsenka sostavliaiushchikh ekonomicheskoy bezopasnosti predpriiatiia“ [Score components of economic security]. Problemy obespecheniia ekonomicheskoy bezopasnosti. Donetsk, 2001.115-116.
Kovalev, D. I., and Sukhorukova, T. G. “Ekonomicheskaia bezopasnost predpriiatiia“ [The economic security of the enterprise]. Ekonomika Ukrainy, no. 10 (2005): 48-52.
Kozachenko, A. V., Ponomarev, V. P., and Liashenko, A. N. Ekonomicheskaia bezopasnost predpriiatiia [The economic security of the enterprise]. Kyiv: Libra, 2003.
Kuzenko, T. B., Prokhorova, V. V., and Sablina, N. V. “Upravlenie finansovoy bezopasnostiu na predpriiatii“ [Management of financial security in the enterprise]. Biznes Inform, no. 12 (1) (2007): 27-29.
Pohorelov, Yu. S. “Vybir sposobiv rozvytku pidpryiemstva“ [The methods of the enterprise]. Visnyk KhNU. Seriia «Ekonomichni nauky» vol. 2, no. 4 (2010): 79-85.
Shemaieva, L. H. “Ekonomichna bezpeka pidpryiemstv u stratehichnii vzaiemodii z sub\'iektamy zovnishnyoho seredovyshcha“ [Economic security in a strategic interaction with the subjects of the environment]. avtoref. dys. ... d-ra ekon. nauk, 2010.
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Ekonomicheskaia i natsionalnaia bezopasnost [Economic and national security]. Moscow: Ekzamen, 2004.
Voronkov, D. K. “Upravlinnia stratehichnymy zminamy shchodo innovatsiinoho rozvytku pidpryiemstva“ [Managing strategic change on innovative development company]. Visnyk KhNU. Seriia «Ekonomichni nauky» vol. 3, no. 6 (2009): 7-11.
Daft, R. L. Teoriia organizatsii [Organization theory]. Moscow: Yuniti-Dana, 2006.

Section: Economics and Enterprise Management
UDC 657
Burlan S. A., Prokopovich L. B.
Calculation of expenditures by types of activity at industrial enterprises (p. 211 - 216)
The article identifies reasons that restrict use of calculation of expenditures by types of activity (ABC system) in practice of domestic enterprises. It systemises advantages of the use of the ABC system during calculations. It considers main stages of calculation of expenditures by types of activity. It offers classification of factors that influence formation of types of activity in the ABC system. It systemises shortcomings of the ABC system, that limit the sphere of its application at domestic enterprises: complexity and high labour intensiveness of calculations; high demands to accuracy, analytical character of information, professional training of personnel in efficient internal organisational communications; and resource intensity. It identifies dependence of efficiency of the ABC system functioning on correct selection of types of activity, in context of which production expenditures are calculated, when forming which the need of taking into account production factors and non-production activity factors is justified.
Keywords: calculation of expenditures, calculation, cost value, industry, base of allocation
Fig.: 4. Bibl.: 9.

Burlan Svitlana A. – Candidate of Sciences (Economics), Associate Professor, Professor, Department of Accounting and Auditing, Petro Mohyla Black Sea National University (10 68 Desantnykіv Str., Mykolaiv, 54003, Ukraine)
Email: audit.svetla@gmail.com
Prokopovich Leonid B. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting and Economic Analysis, Admiral Makarov National University of Shipbuilding (9 Heroiv Ukrainy Ave., Mykolaiv, 54025, Ukraine)
Email: kalka.root@gmail.com

Reference to this article:
Burlan, Svitlana A., and Prokopovich, Leonid B. (2014) “Calculation of expenditures by types of activity at industrial enterprises.” The Problems of Economy 1:211–216.

List of references in article

Derii, V. A. “Zapozycheni (zarubizhni) metody obliku vytrat i kalkuliuvannia sobivartosti produktsii ta ikhnie vykorystannia v Ukraini [Tekst]“ [Borrowed (foreign) methods of cost accounting and calculation of cost of production and their use in Ukraine]. Visnyk Lvivskoi komertsiinoi akademii, no. 33 (2010): 84-91.
Ivakhiv, Yu., and Spilnyk, I. “Metod AVS-analizu: dotsilnist zastosuvannia“ [ABC analysis method : the feasibility of]. Ekonomichnyi analiz, no. 3 (19) (2008): 170-172.
Kulynych, M. B. “Osoblyvosti zastosuvannia metodu kalkuliuvannia vytrat za funktsiiamy“ [Features of the method of calculation of expenses by function]. Naukovyi visnyk Volynskoho derzhavnoho universytetu imeni Lesi Ukrainky, no. 12 (2007): 136-138.
Lozovytska, D. S. “Osoblyvosti upravlinskoho obliku vytrat operatsiinoi diialnosti na pidpryiemstvakh torhivli avtomobiliamy ta avtoservisu“ [Features of management accounting operating costs in trade in motor vehicles and auto services]. Visnyk Lvivskoi komertsiinoi akademii, no. 36 (2011): 234-239.
Nurmukhametov, I. F. “Osobennosti primeneniia sistemy ucheta zatrat po vidam deiatelnosti na predpriiatiiakh upakovochnoy otrasli“ [Features of application of cost accounting systems by activities at the enterprises packaging industry]. Vestnik ekonomiki, prava i sotsiologii, no. 2 (2011): 42-46.
Romanchuk, A. L., and Kravchuk, V. S. “AVS-metod u systemi kalkuliuvannia sobivartosti produktsii na pidpryiemstvakh promyslovosti budivelnykh materialiv“ [ABC method of costing system output in the building materials industry]. Visnyk Chernivetskoho torhovelno-ekonomichnoho instytutu, no. 1 (2010): 327-333.
Skrypnyk, M. I. “AVS-kalkuliuvannia“ [ABC costing]. Visnyk ZhDTU, no. 3 (49) (2009): 176-179.
Shyk, L. M., and Kryva, O. S. “Kalkuliatsiia vytrat za vydamy diialnosti iak metod dosiahnennia konkurentnykh perevah“ [Calculation of costs by type of activity as a method of achieving competitive advantage]. Visnyk ZNU, no. 1 (3) (2008): 167-173.
Shchyrba, M. T. “Kontseptsiia upravlinskoho obliku v Ukraini“ [The concept of management accounting in Ukraine]. Ekonomichna diahnostyka pidpryiemstv, no. 3 (2012): 140-146.

Section: Economics and Enterprise Management
UDC 168.4:005
Hrechina I. V.
Scientific and methodical approaches to analysis of enterprise development potential (p. 217 - 222)
The modern state of the Ukrainian economy urge enterprises to search for new possibilities of their development, which makes the study subject topical. The article systemises existing approaches to analysis of the potential of enterprise development and marks out two main scientific approaches: first is directed at analysis of prospects of self-development of the economic system; the second – at analysis of probability of possibilities of growth. In order to increase the quality of the process of formation of methods of analysis of potential of enterprise development, the article offers an organisation model of methods and characterises its main elements. It develops methods of analysis, in the basis of which there are indicators of potentialogical sustainability. Scientific novelty of the obtained results lies in a possibility of identification of main directions of enterprise development with the use of the enterprise development potential ration: self-development or probability of augmenting opportunities, which is traced through interconnection of resources and profit.
Keywords: potential, potentialogical analysis, modality, methods, organisation model, potentialogical sustainability
Fig.: 2. Tabl.: 1. Formulae: 3. Bibl.: 21.

Hrechina Iryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Control and Administrative Activity, Donetsk National University of Economy and Trade named after M. Tugan-Baranovsky (16 Tramvaina Str., Kryvyi Rih, Dnipropetrovsk region, 50005, Ukraine)
Email: grechinaIra@i.ua

Reference to this article:
Hrechina, Iryna V. (2014) “Scientific and methodical approaches to analysis of enterprise development potential.” The Problems of Economy 1:217–222.

List of references in article

Ministerstvo ekonomichnoho rozvytku i torhivli Ukrainy. http://www.me.gov.ua/control/uk/publish/article?art_id=207781&cat
Derzhavna sluzhba statystyky Ukrainy. http:/www.ukrstat.gov.ua
McCann, P. Industrial location economicsCheltenham Gloss: Edward Elgar Publishing Ltd, 2002.
Kreider, B., and Mills, W. O. Economic potential of Amish dairy systemsPennsylvania: The Pennsylvania State University, 2003.
Karlof, B. Delovaia strategiia: kontseptsiia, soderzhanie, simvoly [Business strategy: the concept, content, characters]. Moscow: Ekonomika, 1991.
Makarova, V. D., and Kuznetsova, S. A. Strategicheskiy menedzhment [Strategic management]. M.; Novosibirsk: INFRA – M.; Sibirskoe soglashenie, 1999.
Amosov, O. Yu. “Otsinka potentsialu konkurentospromozhnosti iak osnovnoho aspektu rozvytku pidpryiemstva“ [Evaluation of potential competitiveness as a major aspect of the company]. Problemy ekonomiky, no. 3 (2011): 78-83.
Vasylkivskyi, D. M. “Transformatsiia periodiv planuvannia pidvyshchennia ekonomichnoho potentsialu v systemi stratehichnoho upravlinnia pidpryiemstvom“ [Transformation planning periods increase the economic potential of the strategic management]. Problemy ekonomiky, no. 1 (2013): 216-220.
Vinokurov, V. A. Organizatsiia strategicheskogo upravleniia na predpriiatii [Organization of strategic management at the enterprise]. Moscow: Tsentr ekonomiki i marketinga, 1996.
Halushka, Z. I., and Komarnytskyi, I. F. Stratehichnyi menedzhment [Strategic Management]. Chernivtsi: ChNU, 2006.
Zaruba, V. Ya., and Potrashkova, L. V. “Modelirovanie upravleniia finansovym potentsialom predpriiatiia“ [Simulation for the financial potential of the enterprise]. Problemy ekonomiki, no. 2 (2012): 33-37.
Levyk, S. I. “Sut stratehichnoho analizu ta ioho znachennia dlia upravlinnia pidpryiemstvom“ [The essence of strategic analysis and its relevance to management]. http://intkonf.org/levik-is-sut-strategichnogo-analizu-yogo-mistse-ta-rol-v-sistemi-upravlinnya-pidpriemstvom/
Moroz, Yu. Yu. “Monitorynh iak instrument stratehichnoho analizu v protsesi upravlinnia ekonomichnym potentsialom pidpryiemstv APK“ [Monitoring as a tool of strategic analysis in the management of the economic potential of agricultural enterprises]. Visnyk ZhDTU, no. 3 (53) (2010): 270-274.
Redchenko, K. I. Stratehichnyi analiz u biznesi [Strategic analysis in business]. Lviv: Novyi svit – 2000, 2003.
Svitlychna, T. I. “Otsinka stratehichnoho potentsialu pidpryiemstv zhytlovo-komunalnoho hospodarstva“ [Evaluation of the strategic potential of housing and communal services]. avtoref. dys. ... kand. ekon. nauk, 2005.
Skibitskyi, O. M. Stratehichnyi menedzhment [Strategic Management]. Kyiv: Tsentr navchalnoi literatury, 2006.
Taraniuk, L. M. “Metodyka stratehichnoho analizu pry provedenni reinzhynirynhu biznes-protsesiv promyslovoho pidpryiemstva“ [Methods for Strategic Analysis in conducting business process reengineering of an industrial enterprise]. Mekhanizm rehuliuvannia ekonomiky, no. 4 (2010): 120-126.
Chychun, V. A. “Kontseptualni osnovy stratehichnoho upravlinnia potentsialom pidpryiemstva iak skladova stratehichnoho analizu“ [Conceptual foundations of strategic management capacity of the enterprise as part of the strategic analysis]. Menedzhment i marketynh, no. 4 (2012): 151-160.
erniaieva, O. V., and Havrylova, I. V. “Metodolohichni zasady formuvannia stratehichnoho potentsialu pidpryiemstva“ [Methodological principles of formation of the strategic potential of the company]. Visnyk DonUEP, no. 1 (2010): 92-95.
Hrechyna, I. V. “Teoretychni zasady analizu potentsialu ekonomichnykh system“ [The theoretical basis of the analysis of the potential economic systems]. Torhivlia i rynok Ukrainy vol. 1, no. 35 (2012): 108-114.
Natsionalna biblioteka Ukrainy imeni V. I. Vernadskoho. http://www.nbuv.gov.ua

Section: Economics and Enterprise Management
UDC 658:659.3:659.4
Derevianko O. H.
Business process of reputation management of food industry enterprises (p. 223 - 229)
The goal of the article is development of the methodical base of reputation management directed at formalisation of theoretical provisions and explanation how to organise reputation management at food industry enterprises. The article shows prospectiveness of use of the Business Process Management concept in reputation management. Using the diagram of the Reputation Management business process environment the article shows its key participants (suppliers and clients of the business process) and identifies their place in formation of the enterprise reputation. It also shows that the reputation management should be considered a business process of the highest level of management. Construction of the flow structure of the Reputation Management business process allows uncovering the logic of interrelation of inlets and outlets within the framework of the specified main stages of the business process: assessment of the current state of reputation, collection of information about stakeholders, identification of PR strategy goals, planning of necessary resources, realisation of the PR strategy, assessment of efficiency and process monitoring. The article offers the flow, functional and organisational structures of the Reputation Management business process for food industry enterprises. Moreover, justification of functional and organisational structures of the Reputation Management business process gives a possibility to distribute functions of reputation management between specific executors and establish responsibility for each stage of the business process.
Keywords: reputation, reputation management, business process, stakeholders, food industry
Fig.: 3. Tabl.: 5. Bibl.: 9.

Derevianko Olena. H. – Candidate of Sciences (Economics), Associate Professor, Candidate on Doctor Degree, National University of Food Technology (68 Volodymyrska Str., Kyiv, 1601, Ukraine)
Email: y.derevyanko@pr-service.com.ua

Reference to this article:
Derevianko, Olena. H. (2014) “Business process of reputation management of food industry enterprises.” The Problems of Economy 1:223–229.

List of references in article

Business Process Management. http://www.gartner.com/it-glossary/business-process-management-bpm/
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Fombrun, C. J. Reputation: Realizing Value from Corporate Image: Harvard Business School Press., 1996.
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Griffin, A. New Strategies for Reputation Management Gaining Control of Issues, 2008.
Harrison, K. “Why a good corporate reputation is important to your organization“ http://www.cuttingedgepr.com/articles/corprepimportant.asp
Jefkins, F., and Yadin, D. Public Relations: Financial Times, 1998.
Neave, H. R. The Deming Dimension: SPC PRESS, 1990.
Porter, M. E. Competitive Advantage: Creating and Sustaining Superior PerformanceNew York: Free Press, 1985.

Section: Economics and Enterprise Management
UDC 338.3
Dzhedzhula V. V.
Directions of organisational and low-cost energy saving of engineering enterprises (p. 230 - 235)
The article analyses directions of energy saving of industrial enterprises. Taking into account the tendency to continuous growth of cost of energy resources, introduction of measures that would allow reduction of energy consumption of enterprises is an urgent task. One of the most important obstacles in the process of introduction of energy efficient solutions are fund limits and low awareness of owners and managers of industrial enterprises. The article offers a new classification of energy saving measures: apart from traditional expense and organisation measures it introduces the low-cost measures notion. It offers to consider low-cost those measures that are realised by the enterprise by means of own funds, moreover, their repayment term is not more than one year. It offers analytical expression for identification of annual funds saving from introduction of low-cost measures. It considers the process of identification of saving of funds from introduction of some of the main low-cost measures in detail: replacement of lighting units, balancing of ventilation networks and elimination of water leakages from pipelines and water supply equipment. Based on the analysis of bibliography information the article provides a list of main measures on energy saving, which could be referred to the low-cost ones. The proposed approaches would allow paying more attention to practical aspects of realisation of the concept of energy saving in the industry.
Keywords: energy saving, enterprises, energy efficiency, low-cost measures
Fig.: 2. Tabl.: 1. Formulae: 6. Bibl.: 13.

Dzhedzhula Viacheslav V. – Candidate of Sciences (Engineering), Associate Professor, Candidate on Doctor Degree, Department of Accounting and Auditing, Khmelnitsky National University (11 Instytutska Str., Khmelnytsky, 29016, Ukraine)
Email: vatis@inbox.ru

Reference to this article:
Dzhedzhula, Viacheslav V. (2014) “Directions of organisational and low-cost energy saving of engineering enterprises.” The Problems of Economy 1:230–235.

List of references in article

Terekh, M. D., Pavlov, F. I., and Arutiunian, I. A. “Optymizatsiia vyboru zakhodiv enerhozberezhennia v umovakh finansovykh obmezhen“ [Optimizing the selection of energy saving in terms of financial constraints]. Visnyk PDABA, no. 4–5 (2010): 81-86.
Naumov, O. B., and Yevtushenko, Ye. O. “Problemy ta shliakhy pidvyshchennia enerhoefektyvnosti spozhyvannia resursiv v Khersonskii oblasti“ [Problems and ways to improve the energy efficiency of resource consumption in the Kherson region]. Ekonomichnyi prostir, no. 22/2 (2009): 108-115.
Stadnyk, V. V., and Mykoliuk, O. A. “Problemy efektyvnosti enerhospozhyvannia mashynobudivnykh pidpryiemstv i shliakhy ikh vyrishennia“ [The problems of energy efficiency building enterprises and their solutions]. Visnyk NUVHP, no. 1 (2011): 191-200.
Akhromkin, IE. M. “Metodychna baza otsinky efektyvnosti resursozberihaiuchykh tekhnolohii“ [Methodological framework for evaluating the effectiveness of resource-saving technologies]. http://www.eco№omy.№ayka.com.ua/?op=1&z=443
Hoshide, R. K. “Energy conservation measures: which projects should we select“Strategic planning for energy end environment, no. 4 (1997): 6-17.
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Tabunshchikov, Yu. A. “Malozatratnye operativnye meropriiatiia po ekonomii energii“ [Low-cost operational measures to save energy]. Energosberezhenie, no. 1 (2007): 4-8.
Varnavskiy, B. P., Kolesnikov, A. I., and Fedorov, M. N. Energoaudit promyshlennykh i kommunalnykh predpriiatiy [Energy audit of industrial and utility companies]. Moscow: Gosenergonadzor Mintopenergo Rossii, 1999.
Belova, E. M. Tsentralnye sistemy konditsionirovaniia vozdukha v zdaniiakh [Central air-conditioning systems in buildings]. Moscow: Evroklimat, 2006.
Metodyka vyznachennia neratsionalnoho (neefektyvnoho) vykorystannia palyvno-enerhetychnykh resursiv [Method of determining unsustainable (inefficient) use of energy resources]. Kyiv: NAER, 2006.
Konstantinov, Yu. M., and Hizha, O. O. Tekhnichna mekhanika ridyny ta hazu [Technical Mechanics of liquid and gas]. Kyiv: Vyshcha shkola, 2002.
Metodyka vyznachennia neratsionalnoho (neefektyvnoho) vykorystannia palyvno-enerhetychnykh resursiv [Method of determining unsustainable (inefficient) use of energy resources]. Kyiv: NAER, 2006.
Shydlovskyi, A. K., and Vikhoriev, Yu. O. Enerhetychni resursy ta potoky [Energy resources and streams]. Kyiv: Ukrainski entsyklopedychni znannia; Drednout, 2003.

Section: Economics and Enterprise Management
UDC 658.7
Melnykova K. V.
Methodical approach to financial stimulation of logistics managers (p. 236 - 240)
The article offers a methodical approach to financial stimulation of logistics managers, which allows calculation of the incentive amount with consideration of profit obtained from introduction of optimisation logistics solutions. The author generalises measures, which would allow increase of stimulation of labour of logistics managers by the enterprise top managers. The article marks out motivation factors, which exert influence upon relation of logistics managers to execution of optimisation logistical solutions, which minimise logistical costs. The author builds a scale of financial encouragement for introduction of optimisation logistical solutions proposed by logistics managers. This scale is basic for functioning of the encouragement system and influences the increase of efficiency of logistics managers operation and also optimisation of enterprise logistical solutions.
Keywords: financial stimulation, motivation, management, enterprise, manager, logistics
Fig.: 1. Tabl.: 1. Formulae: 7. Bibl.: 8.

Melnykova Kateryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economy, Organization and Planning of Activity of the Enterprise, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: melnikova-kv@mail.ru

Reference to this article:
Melnykova, Kateryna V. (2014) “Methodical approach to financial stimulation of logistics managers.” The Problems of Economy 1:236–240.

List of references in article

Hunchenko, M. V. “Motyvatsiia pratsi v umovakh transformatsii ekonomiky Ukrainy“ [Motivation works in transforming the economy of Ukraine]. avtoref. dys. ... kand. ekon. nauk : 08.01. 01, 2006.
Holda, A. V. “Motyvatsiinyi mekhanizm pidvyshchennia efektyvnosti vykorystannia trudovoho potentsialu“ [Motivational mechanism more efficient use of labor potential]. avtoref. dys. ... kand. ekon. nauk : 08. 00. 03, 2007.
Driakhlov, N., and Kupriianov, E. “Sistemy motivatsii personala v Zapadnoy Evrope i SShA“ [Staff motivation system in Western Europe and the United States]. Problemy teorii i praktiki upravleniia, no. 2 (2002): 83-88.
Yehorkina, T. O. “Motyvatsiinyi mekhanizm upravlinnia vytratamy pidpryiemstva“ [Motivational control mechanism costs]. avtoref. dys. ... kand. ekon. nauk : 08. 00. 04, 2008.
Maslou, A. Motivatsiia i lichnost [Motivation and Personality]. St. Petersburg: Piter, 2003.
Melnykova, K. V. “Metodychnii pidkhid do motyvatsii vynakhidnykiv ta ratsionalizatoriv“ [Methodical approach to motivate inventors and innovators]. Ekonomika: problemy teorii ta praktyky, no. 190 (2004): 1019-1023.
Semykina, M. V., and Smirnov, O. O. Konkurentospromozhnist personalu pidpryiemstva : teoriia i praktyka rehuliuvannia [Competitiveness personnel: theory and practice of regulation]. Kirovohrad: KOD, 2008.
Chernushkina, O. O. “Motyvatsiia u mekhanizmi pidvyshchennia produktyvnosti vyrobnytstva“ [Motivation in the mechanism of increasing productivity]. avtoref. dys. ... kand. ekon. nauk : 08. 00. 07, 2007.

Section: Economics and Enterprise Management
UDC 338.24
Pohorelov Y. S., Rudnichenko Y. M.
Types of adaptation of the system of enterprise economic security to the impact of subjects of tax regulation (p. 241 - 246)
The article offers the authors’ approach to identification of types of adaptation of the system of enterprise economic security to negative influence of subjects of tax regulation. It determines composition of these subjects and, separately, regulation subjects that form fundamental grounds of the tax sphere and subjects of effective influence, which directly interact with entrepreneurial structures and realise tax regulation of their activity in practice. As regards direct adaptation of the system of enterprise economic security, the article offers to mark out its individual types with respect to the set goal, essence of changes in the system of economic security, degree of its manageability and nature of accumulated changes. Moreover, the article offers a list of catalysts and inhibitors of adaptation of the system of enterprise economic security to impact of subjects of tax regulation. It also marks out adaptation parameters of the system of enterprise economic security to the impact of subjects of tax regulation and provides their gradations.
Keywords: enterprise economic security, adaptation types, subjects of tax regulation, adaptation parameters
Tabl.: 3. Bibl.: 10.

Pohorelov Yurii S. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Management of foreign economic activity, East-Ukrainian National University named after V. Dahl (59a Tsentralnyi Ave., Sievierodonetsk, Luhansk region, 91034, Ukraine)
Email: yspogorelov@yandex.ru
Rudnichenko Yevhenii M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Management, Khmelnitsky National University (11 Instytutska Str., Khmelnytsky, 29016, Ukraine)
Email: boretsmagistr@rambler.ru

Reference to this article:
Pohorelov, Yurii S., and Rudnichenko, Yevhenii M. (2014) “Types of adaptation of the system of enterprise economic security to the impact of subjects of tax regulation.” The Problems of Economy 1:241–246.

List of references in article

Systema ekonomichnoi bezpeky: derzhava, rehion, pidpryiemstvo [The system of economic security: state, region, enterprise]. Luhansk: Virtualna realnist, 2012.
Shemaieva, L. H. Zabezpechennia ekonomichnoi bezpeky pidpryiemstva na osnovi upravlinnia stratehichnoiu vzaiemodiieiu iz sub’iektamy zovnishnyoho seredovyshcha [Ensuring economic security based on management\'s strategic interaction with the subjects of the environment]. Kyiv: NIMB, 2009.
Heiets, V. M., Kyzym, M. O., and Klebanova, T. S. Modeliuvannia ekonomichnoi bezpeky: derzhava, rehion, pidpryiemstvo [Simulation of economic security: state, region, enterprise]. Kharkiv: YNZhEK, 2006.
Sopin, V. S. “Evoliutsionnaia teoriia v ekonomicheskoy nauke: problemy i perspektivy“ [Evolutionary theory in economics: problems and prospects]. www.m-economy.ru/2687
Varela, F., Maturana, U., and Uribe, R. “Autopoez kak sposob organizatsii zhivykh sistem; ego kharakteristika i modelirovanie“ [Autopoiesis as a way of living systems, its characterization and modeling]. In Diskurs radikalnogo konstruktivizma. Traditsii skeptitsizma v sovremennoy filosofii i teorii poznaniia, 234-244. Miunkhen: Phren, 2000.
Shcherbina, V. V. “Populiatsionno-selektsionnaia model organizatsionnogo razvitiia“ [Population-breeding model of organizational development]. http://ecsocman.hse.ru/data/2012/07/04/1261055582/scherbina.pdf
Berezhniuk, I. H. Mytne rehuliuvannia Ukrainy: natsionalni ta mizhnarodni aspekty [Customs Regulations in Ukraine: national and international aspects]. Dnipropetrovsk: Akademiia mytnoi sluzhby Ukrainy, 2009.
Pashko, P. V. Mytna bezpeka (teoriia, metodolohiia ta praktychni rekomendatsii) [Customs Security (theory, methodology and practical advice)]. Lviv: IRD NAN Ukrainy, 2009.
Martyniuk, V. P. Mytna systema ta ekonomichna bezpeka derzhavy : teoriia i metodolohiia [Customs system and the economic security of the state: the theory and methodology]. Ternopil: Aston, 2010.
Pohorelov, Yu. S. Pryroda, rushiini syly ta sposoby rozvytku pidpryiemstva [Nature, driving forces and means of the enterprise]. Kharkiv: AdvA, 2010.

Section: Economics and Enterprise Management
UDC 336.02;338.242
Rohov H. K.
Factors of formation of the dividend policy of joint stock companies (p. 247 - 252)
The article is devoted to justification of factors of formation of the dividend policy of Ukrainian public joint stock companies (PJSC) at the modern stage of development of corporate relations. It analyses specific features of the dividend policy of Ukrainian PJSC, which, in particular, shows that their financial results practically do not influence the practice of net profit distribution. It identifies main factors of formation of the corporate dividend policy and provides theoretical justification of the governing practice of net profit distribution by Ukrainian PJSC under the modern state of the stock market. It justifies that the unrepresentative listing of stock exchanges, extremely high concentration of capital and rather limited influence of institutes of joint investment are key factors that cause a very weak reaction of the Ukrainian securities market on payment of dividends, which, in its turn, is the main reason of rejection of expediency of development and realisation of the consistent dividend policy by overwhelming majority of joint stock companies. The article draws a conclusion that the basis of evolution changes in the corporate vision of the dividend policy should be creation of the institutional environment, which would be adequate to the needs of sustainable development. The article offers to fix, at the legislative level and while being at the transitional stage, the right of minor shareholders to get income from owning ordinary shares of companies, which aggregate joint participation of co-owners is more than 75%.
Keywords: dividend policy, type of stock allocation, factors of dividend policy, minority shareholders
Bibl.: 18.

Rohov Heorhii K. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Admiral Makarov National University of Shipbuilding (9 Heroiv Ukrainy Ave., Mykolaiv, 54025, Ukraine)
Email: gekoro7@gmail.com

Reference to this article:
Rohov, Heorhii K. (2014) “Factors of formation of the dividend policy of joint stock companies.” The Problems of Economy 1:247–252.

List of references in article

Vinnikova, V. “Sutnist ta zmist dyvidendnoi polityky pidpryiemstva“ [The essence and meaning of dividend policy of the company]. Visnyk TNEU, no. 4 (2011): 77-83.
Litovska, I. M., and Bryn, Yu. M. “Dyvidendna polityka, ii sut ta stanovyshche v Ukraini“ [Dividend policy, its nature and situation in Ukraine]. http://intkonf.org/litovska-i-m-brin-yu-m-dividendna-politika-yiyi-sut-ta-stanovische-v-ukrayini/
Poida-Nosyk, N., and IEmets, H. “Dyvidendna polityka aktsionernykh tovarystv“ [Dividend policy of joint stock companies]. Rynok tsinnykh paperiv Ukrainy, no. 3-4 (2010): 27-32.
Kharchenko, N. V. “Analiz praktyky dyvidendnykh vyplat“ [Analysis of dividend payments]. Visnyk Poltavskoi derzhavnoi ahrarnoi akademii, no. 1 (2012): 148-154.
Zhumatiy, A. “Ukrainskaia ruletka. Kak investirovat v dividendnye aktsii“ [Ukrainian roulette. How to invest in dividend stocks]. Forbes, no. 4 (26) (2012): 54-55.
Akbar, S., A. Shah, S. Z., and Stark, A. W. “The Value Relevance of Major Media Advertising Expenditures: Some U. K. Evidence“International Review of Financial Analysis vol. 20 (2011): 311-319.
Dedman, E., Mouselli, S., and Shen, Y. “Accounting, Intangible Assets, Stock Market Activity, and Measurement and Disclosure Policy“Views From the UK, Abacus vol. 45 (2009): 312-341.
M. Hand, J. R., and Landsman, W. R. “The Pricing of Dividends in Equity Valuation“Journal of Business Finance & Accounting vol. 32 (2005): 435-469.
“Zahalnodostupna informatsiina baza danykh Natsionalnoi komisii z tsinnykh paperiv ta fondovoho rynku pro rynok tsinnykh paperiv“ [Public information database of the National Commission on Securities and Stock Market of the stock market]. http://www.stockmarket.gov.ua/db/exch; http://smida.gov.ua
“Kernel. Dividend Policy“ http://www.kernel.ua/en/dividend-policy/
“Agroliga Group. Annual report for the period 1st January 2012 –31st December 2012. Dividend Policy“ http://www.Agroliga.com.ua
“Alpcot Agro. Annual report 2012. Dividend Policy“ http://agrokultura.com/uploads/alpaar2012eng%5B0%5D.pdf
Blank, I. A. Finansovyi menedzhment [Financial Management]. Kyiv: Elha; Nyka-Tsentr, 2007.
Brealey, R. A., Myers, S. C., and Allen, F. Principles of Corporate Finance. Ninth Edition: The McGraw; Hill Companies, 2008.
[Legal Act of Ukraine] (2008).
Allen, F., Bernardo, A. E., and Welch, I. “A Theory of Dividends Based on Tax Clienteles“Journal of Finance, American Finance Association vol. 55 (6) (2000): 2499-2536.
Rohov, H. K. “Finansovi aspekty zakhystu prav minorytarnykh aktsioneriv“ [Financial aspects of the protection of minority shareholders]. Finansy Ukrainy, no. 1 (2008): 86-92.
[Legal Act of Ukraine] (2010).

Section: Economics and Enterprise Management
UDC 658.1
Synkevych N. I., Vasylyshyn T. M.
Specific classification of financial analysis of enterprise activity (p. 253 - 258)
Despite the fact that one can find a big variety of classifications of types of financial analysis of enterprise activity, which differ with their approach to classification and a number of classification features and their content, in modern scientific literature, their complex comparison and analysis of existing classification have not been done. This explains urgency of this study. The article studies classification of types of financial analysis of scientists and presents own approach to this problem. By the results of analysis the article improves and builds up a specific classification of financial analysis of enterprise activity and offers classification by the following features: objects, subjects, goals of study, automation level, time period of the analytical base, scope of study, organisation system, classification features of the subject, spatial belonging, sufficiency, information sources, periodicity, criterial base, method of data selection for analysis and time direction. All types of financial analysis significantly differ with their inherent properties and parameters depending on the goals of financial analysis. The developed specific classification provides subjects of financial analysis of enterprise activity with a possibility to identify a specific type of financial analysis, which would correctly meet the set goals.
Keywords: financial analysis, classification, types of financial analysis, financial activity
Tabl.: 1. Bibl.: 17.

Synkevych Nadiia I. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Accounting and Control, Ternopil Ivan Pului National Technical University (56 Ruska Str., Ternopil, 46001, Ukraine)
Email: nadya.synkevych@gmail.com
Vasylyshyn Tetiana M. – Postgraduate Student, Department of Finance, Accounting and Control, Ternopil Ivan Pului National Technical University (56 Ruska Str., Ternopil, 46001, Ukraine)
Email: vasylyshyn_t@mail.ru

Reference to this article:
Synkevych, Nadiia I., and Vasylyshyn, Tetiana M. (2014) “Specific classification of financial analysis of enterprise activity.” The Problems of Economy 1:253–258.

List of references in article

Azarova, A. O., and Ruzakova, O. V. Matematychni modeli ta metody otsiniuvannia finansovoho stanu pidpryiemstva [Mathematical models and methods for evaluating the financial condition of the company]. Vinnytsia: VNTU, 2010.
Anilovska, H. Ya., and Stoliarenko, O. O. Finansovyi analiz [Financial Analysis]. Lviv: LDUVS, 2012.
Bazilinska, O. Ya. Finansovyi analiz: teoriia ta praktyka [Financial Analysis: Theory and Practice]. Kyiv: Tsentr uchbovoi literatury, 2009.
Kovalchuk, T. M., and Verhun, A. I. Finansovyi analiz u systemi upravlinnia realnymy investytsiiamy [Financial Analysis in the management of real investments]. Chernivtsi: ChNU, 2011.
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Semenov, H. A., and Yaroshevskaia, O. V. “Diahnostyka finansovo-ekonomichnoho stanu pidpryiemstva“ [Diagnostics financial and economic performance]. Visnyk ekonomichnoi nauky Ukrainy, no. 1 (2011): 136-141.
Trusova, N. V. Finansovyi analiz pidpryiemstva: teoriia ta praktyka [Financial Analysis: theory and practice]. Melitopol: MMD, 2012.
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Tsal-Tsalko, Yu. S., Moroz, Yu. Yu., and Sulimenko, L. A. Finansovyi analiz [Financial Analysis]. Zhytomyr: Ruta, 2012.
Chernysh, S. S. “Problemy zastosuvannia metodyk analizu finansovoho stanu na vitchyznianykh pidpryiemstvakh“ [Problems applying techniques of financial analysis on domestic enterprises]. Innovatsiina ekonomika, no. 5 (2012): 142-146.
Chuhaiev, A. O. Finansovyi analiz [Financial Analysis]. Irpin: NUDPSU, 2009.
Shyfrina, N. I. “Ekspres-analiz finansovoho stanu pidpryiemstva“ [Express analysis of financial condition]. Visnyk ekonomiky transportu i promyslovosti, no. 35 (2011): 191-194.

Section: Economics and Enterprise Management
UDC 668.6/8
Tankov K. M., Chepurda H. M.
Conceptual aspects of formation of the system of integrated management of quality of tourist services (p. 259 - 264)
The article considers the task of presentation of methodological provisions of formation of the system of management of quality of tourist services at the conceptual level as one of the most important in the theory of tourism. It shows that the existing methodological approaches to quality management in the system of material production cannot be fully applied to the system of tourist services quality management. It shows that for the most of tourist services the processes of their provision and consumption are practically inseparable – they are developed as a result of co-ordinated actions of the system of production management and their consumption. Formation of the system of integrated management of quality of tourist services envisages that the services producing system should not just function but interact with the system of their consumption, which is one of the most important conditions of efficient conduct of tourist business.
Keywords: quality, tourist service, conceptual model of the system of integrated management of quality of tourist services
Fig.: 2. Tabl.: 1. Bibl.: 10.

Tankov Kostiantyn M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Tourism and the hotel and restaurant business, Cherkasy State Technological University (460 Shevchenka Blvd., Cherkasy, 18006, Ukraine)
Email: tankovkn@ya.ru
Chepurda Hanna M. – Candidate of Sciences (Philology), Associate Professor, Department of Tourism and the hotel and restaurant business, Cherkasy State Technological University (460 Shevchenka Blvd., Cherkasy, 18006, Ukraine)
Email: anna_chepurda@ukr.net

Reference to this article:
Tankov, Kostiantyn M., and Chepurda, Hanna M. (2014) “Conceptual aspects of formation of the system of integrated management of quality of tourist services.” The Problems of Economy 1:259–264.

List of references in article

Apilat, O. V. “Pidvyshchennia iakosti posluh v turyzmi“ [Improving service quality in tourism]. avtoref. dys. … kand. ekon. nauk, 2005.
Basovskiy, L. E., and Protasev, V. B. Upravlenie kachestvom [Quality management]. Moscow, 2000.
Baumgarten, L. V. Upravlenie kachestvom v turizme [Quality management in tourism]. Moscow: Akademiia, 2010.
Vaymerskirkh, A., and Dzhordzh, S. Vseobshchee upravlenie kachestvom. Strategii i tekhnologii, primeniaemye segodnia v samykh uspeshnykh kompaniiakh. TQM [Total quality management. Strategies and technologies used in today\'s most successful companies. TQM]. Moscow: Viktoriia-Plius, 2002.
Zakhodzhai, V. B., and Chornyi, A. Yu. Statystychne zabezpechennia upravlinnia iakistiu [Statistical software quality management]. Kyiv: TsUL, 2005.
Kulibanova, V. V. Marketing servisnykh uslug [Marketing services]. St. Petersburg: Vektor, 2006.
Pysarevskyi, I. M., Pohasii, S. O., and Pokolodna, M. M. Orhanizatsiia turyzmu [Organization of Tourism]. Kharkiv: KhNAMH, 2008.
Razumovskaia, A. L., and Yanchenko, V. Marketing uslug. Nastolnaia kniga rossiyskogo marketologa-praktika [Marketing services. Handbook of Russian-marketing practices]. Moscow: Vershina, 2006.
Baktimirov, R. P. Upravlenie kachestvom, personalom i logistika v mashinostroenii [Quality management, personnel and logistics engineering]. St. Petersburg: Piter, 2005.
Fediukin, V. K. Upravlenie kachestvom protsessov [Quality management processes]. St. Petersburg: Piter, 2004.

Section: Finance and banking
UDC 657.631.8:332.012.2
Shalimova N. S.
Audit result and its users (p. 265 - 271)
The article identifies essence of the “audit result” and “users of audit result” notions and characteristics of the key audit results user. It shows that in order to give a wide characteristic of users it is expedient to unite all objects, which could be used (audit report, fact of refusal to conduct audit and information that is submitted to managers in the process of audit) with the term “audit result” and classify it depending on the terms of submission by final and intermediate result. The article offers to define audit results user as a person, persons or category of persons for whom the auditor prepares the audit report and, in cases, envisaged by international standards of the audit and domestic legislative and regulatory acts, provides other additional information concerning audit issues. In order to identify the key audit results user the article distributes all audit tasks into two groups depending on possibilities of identification of users. The article proves that the key user should be identified especially in cases of a mandatory audit and this process should go in interconnection with the mechanism of allocation of a key user of financial reports. It offers to consider external users with direct financial interests, who cannot request economic subjects directly to provide information and who should rely on general financial reports and audit report when receiving significant portion of information they need, as the key user. The article makes proposals on specification of the categorical mechanism in the sphere of audit, which are the basis for audit quality assessment, identification of possibilities and conditions of appearance of the necessary and sufficient trust to the auditor opinion.
Keywords: audit, audit activity, audit result, users of audit results
Bibl.: 27.

Shalimova Nataliya S. – Doctor of Sciences (Economics), Associate Professor, Head of the Department, Department of Audit and Taxation, Kirovograd National Technical University (8 Unіversytetskyi Ave., Kropyvnytskyi, 25006, Ukraine)
Email: n.shalimova@mail.ru

Reference to this article:
Shalimova, Nataliya S. (2014) “Audit result and its users.” The Problems of Economy 1:265–271.

List of references in article

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Perepelytsia, M. “Publichnyi interes iak meta diialnosti sub’iektiv finansovoho prava“ [Public interest as a goal of business finance]. Visnyk Akademii iurydychnykh nauk Ukrainy, no. 2 (2009): 112-119.
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Sheremet, A. D., and Suyts, V. P. Audit [Audit]. Moscow: INFRA-M, 2004.

Section: Finance and banking
UDC 336.77.067
Duba O. M., Polishchuk Y. A., Gernego I. O.
Participation of non-banking financial organisations in crediting innovation projects (p. 272 - 277)
The article describes main results of study of non-banking financial institutions as creditors of innovation projects. Based on the analysis of their investment activity, the article identifies their place and role in financing innovations. The article also compares banks and non-banking financial institutions as participants of innovation projects. On the basis of statistical data it characterises the modern state of non-banking financial institutions in the market of crediting innovation projects and forecasts their further functioning and status by pessimistic, realistic and optimistic scenarios. In order to achieve the level of realistic scenario of development of the non-banking financial institutions in innovation projects, the article offers a plan of organisation of participation of non-banking financial institutions in innovation projects. Crediting innovation projects by non-banking intermediaries has not only commercial but mostly social effect, since their realisation gradually brings the country’s economy to a qualitatively new technical and technological level. Earlier, scientists paid significant attention to banks as main creditors, leaving non-banks aside. The article shows advantages of participation of non-banking financial institutions compared to banks, which seems valuable from the point of view of development of this issue in the financial science environment. The prospective direction here is a study of banks and non-banking financial institutions as competitors in the market of crediting innovation projects.
Keywords: non-banking financial institution (organisation), crediting innovation projects, instruments of participation in crediting innovation projects
Fig.: 3. Tabl.: 1. Bibl.: 10.

Duba Olexandr M. – Candidate on Doctor Degree, Department of Investment Banking, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: 063duba@ukr.net
Polishchuk Yevgeniia A. – Candidate of Sciences (Economics), Associate Professor, Candidate on Doctor Degree, Department of Investment Banking, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: yivga_83@ukr.net
Gernego Iuliia O. – Postgraduate Student, Department of Investment Banking, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: julia13ctasa@yandex.ru

Reference to this article:
Duba, Olexandr M., Polishchuk, Yevgeniia A., and Gernego, Iuliia O. (2014) “Participation of non-banking financial organisations in crediting innovation projects.” The Problems of Economy 1:272–277.

List of references in article

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Section: Finance and banking
UDC 336.714.3
Tysyachna Y. S.
Methodical approaches to assessment of quality of the bank loan portfolio (p. 278 - 283)
The goal of the article lies in the study of basic methodical approaches to assessment of the quality of the bank loan portfolio, identification of specific features of their practical application and justification of selection of the most appropriate for the modern economic conditions. The article considers three main groups of methods of assessment of the quality of the bank loan portfolio: expert evaluation methods and statistical and analytical methods. It goes without saying that in order to obtain an objective assessment of quality of the bank loan portfolio it is necessary to apply a complex approach, however, due to some advantages and shortcomings of the studied methods, the author marks expediency of building an integral indicator, taxonomic in particular, in order to obtain a complex, objective and efficient assessment of the bank loan portfolio. Prospects of further studies in this direction are assessment of the quality of the loan portfolio of the first group banks by the size of their assets through building integral taxonomic indicators and identification, on this basis, of factors that influence the quality of the loan portfolio with the aim of improvement of the mechanism of management of the bank lending activity.
Keywords: quality of the loan portfolio, methods of assessment of quality of the bank loan portfolio, expert evaluation methods, statistical methods, analytical methods
Fig.: 1. Tabl.: 2. Bibl.: 15.

Tysyachna Yunna S. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: yunna_t@mail.ru

Reference to this article:
Tysyachna, Yunna S. (2014) “Methodical approaches to assessment of quality of the bank loan portfolio.” The Problems of Economy 1:278–283.

List of references in article

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Brazhnikov, A. S. “Metody otsenki kachestva kreditnogo portfelia kommercheskogo banka“ [Methods for assessing the quality of the loan portfolio of commercial banks]. http://eco-nomicus.ru/banki/64-kreditnyi-portfel-banka.ht.
Buhel, Yu. “Napriamy udoskonalennia suchasnykh metodiv upravlinnia bankivskym kredytnym portfelem“ [Areas of improvement of modern methods of managing a bank\'s loan portfolio]. Halytskyi ekonomichnyi visnyk, no. 2 (27) (2010): 157-163.
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Section: Finance and banking
UDC 336.71
Trygub O. V.
Specific features of domestic banks activity in the factoring services market (p. 284 - 291)
The article analyses specific features of formation and development of the domestic factoring market. In the result of the study the article establishes that development of factoring in Ukraine took place due to active participation of banking institutions in this process and nowadays they are leaders in the domestic factoring services market due to possessing significant competitive advantages if compared with non-banking companies that specialise in factoring. The article detects that nowadays the banks are not only offerers of factoring services and finance factoring operations of other market participants, but also take an active part in establishment of factoring branches and are consumers of factoring services. In order to accelerate development of international factoring in Ukraine, the article offers such forms of state support of banks, which render factoring services to domestic exporters. The article recommends to focus banks’ attention, under modern conditions that are characterised with volatility of financial markets, on factoring servicing of those clients, whom they have long business relations with, without jeopardising themselves through provision of factoring services to a big number of small debtors. The article provides schemes of banks’ co-operation in the sphere of “non-classic” factoring with accredited factoring companies.
Keywords: financial intermediation, factoring, banks, receivables, troubled assets
Fig.: 2. Bibl.: 17.

Trygub Olena V. – Candidate of Sciences (Economics), Assistant, Department of Banking, Taras Shevchenko National University of Kyiv (60 Volodymyrska Str., Kyiv, 01033, Ukraine)
Email: elen.trigub@gmail.com

Reference to this article:
Trygub, Olena V. (2014) “Specific features of domestic banks activity in the factoring services market.” The Problems of Economy 1:284–291.

List of references in article

Palchuk, O. I. Faktorynh na rynku finansovykh posluh [Factoring in financial services]. Kyiv, 2011.
Naumenkova, S. V., and Mishchenko, S. V. Rynok finansovykh posluh [Financial services market]. Kyiv: Znannia, 2010.
Vnukova, N. M., Opeshko, N. S., and Kolodizieva, S. O. “Udoskonalennia orhanizatsii faktorynhu v banku za lohistychnym pidkhodom“ [Improvement of factoring in the bank for a logistics approach]. Finansy Ukrainy, no. 5 (2012): 68-77.
“Konventsiia UNIDRUA pro mizhnarodnyi faktorynh (Ottava, 28 travnia 1988 r.)“ [UNIDROIT Convention on International Factoring (Ottawa, 28 May 1988)]. http://zakon2.rada.gov.ua/laws/show/995_210
[Legal Act of Ukraine] (2003). http://zakon2.rada.gov.ua/laws/show/435-15
[Legal Act of Ukraine] (2003). http://zakon2.rada.gov.ua/laws/show/436-15
[Legal Act of Ukraine] (1992). http://zakon3. rada. gov. ua/laws/show/v_200500-92.
“Members of IFG and FCI“. Ofitsiini saity IFG ta FCI. http://www.ifgroup.com; http://www.fci.nl
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“Global Industry Activity Reports of 2008-2012“. Ofitsiinyi sait IFG. http://www.ifgroup.com/wp-content/uploads/2013/07/GIAR-2012-Public-1.pdf
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Analiticheskaia zapiska ob usloviiakh lizingovogo i faktoringovogo obsluzhivaniia iuridicheskikh lits v krupneyshikh bankakh Ukrainy [Analytical note on the terms of the leasing and factoring services entities in the largest banks in Ukraine]. Kyiv: Prostobank Konsalting, 2013.
“Pidsumky diialnosti finansovykh kompanii, lombardiv ta iurydychnykh osib-lizynhodavtsiv za 9 misiatsiv 2013 roku“ [Results of financial companies, pawnshops and legal entities Leasing for 9 months of 2013]. Ofitsiinyi sait Natskomfinposluh. http://nfp.gov.ua/files/OgliadRinkiv/FK/FK_9_2013%20all-1.pdf
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“YeBRR zbilshyv Ukreksimbanku limit dlia finansuvannia faktorynhu“ [EBRD increased Ukreksimbanka limit to finance factoring]. Ofitsiinyi sait AT «Ukreksimbank». http://www.eximb.com/ukr/about/press/2013/08/20/777/
“Fitch: Chastka problemnykh kredytiv u portfeliakh bankiv Ukrainy“ [Fitch: Non-performing loans in the portfolios of banks in Ukraine]. Ofitsiinyi sait UNIAN. http://economics.unian.net/ukr/publist_36.html

Section: Finance and banking
UDC 336.71
Chmutova I. M., Maksimova M. V.
Assessing efficiency of formation of the bank’s system of financial controlling (p. 292 - 297)
The article offers a scientific and methodical approach to assessment of efficiency of formation of the bank’s system of financial controlling, which takes into account two components – assessment of efficiency of team work on introduction of financial controlling as an investment project. This would allow identification of expediency of investments into the project on introduction and taking into account not only professional level of the team but also psychological distinctive features of its each member. In order to determine correlations of the assessment components the article forms a matrix that would serve as a basis for development of the necessary complex of actions with respect to increase of the bank’s financial controlling efficiency.
Keywords: bank’s financial controlling, investment project, assessment of efficiency of introduction of financial controlling, assessment of efficiency of team work on introduction of financial controlling
Fig.: 2. Bibl.: 23.

Chmutova Iryna M. – Doctor of Sciences (Economics), Professor, Professor, Department of Management and Business, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: chmutova_i@ukr.net
Maksimova Marina V. – Postgraduate Student, Department of Banking, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: marinasechka@mail.ru

Reference to this article:
Chmutova, Iryna M., and Maksimova, Marina V. (2014) “Assessing efficiency of formation of the bank’s system of financial controlling.” The Problems of Economy 1:292–297.

List of references in article

Bokov, S. I. “Kontrolling v upravlenii razvitiem korporativnoy organizatsii“ [Controlling development in the management of corporate organization]. dis. … kand. ekon. nauk : 08.00. 05, 2007.
Brigkhem, Yu., and Gapenski, L. Finansovyy menedzhment [Financial management]. St. Petersburg: Ekonomicheskaia shkola, 1997.
Harashchenko, N. M. “Kohnityvnist orhanizatsii v teorii firmy“ [Kohnityvnist of the theory of the firm]. Stratehiia ekonomichnoho rozvytku Ukrainy, no. 20–21 (2007): 14-20.
Harashchenko, N. M. “Kohnityvnist orhanizatsii ta ii otsinka“ [Kohnityvnist organization and its evaluation]. http://www.economy.nayka.com.ua/?op=1&z=230
Gramotenko, O. “Kontrolling (Chto? Zachem? Komu? Kak?)“ [Controlling (What? Why? Who? How?)]. http://www.cfin.ru/management/controlling/what_is_controlling.shtml
Demenina, O. V. “Orhanizatsiino-ekonomichnyi mekhanizm operatyvnoho kontrolinhu na promyslovomu pidpryiemstvi“ [Organizational-economic mechanism operative controlling an industrial plant]. avtoref. dys. … kand. ekon. nauk : spets. 08. 06. 01, 2005.
Kylymniuk, V. “Evoliutsiia kontrolinhu. Ioho mistse ta rol v ekonomitsi pidpryiemstva“ [Evolution controlling. His place and role in the economy of the enterprise]. Ekonomist, no. 1 (2004): 47-49.
Krupina, N. N. “Matrichnyy metod v finansovom menedzhmente: metodologiia analiza amortizatsii“ [Matrix method in financial management : analysis methodology depreciation]. http://www. dis. ru/library/510/27049/.
Mamotenko, D. Yu. “Otsinka efektyvnosti investytsiinykh proektiv“ [Evaluating the effectiveness of investment projects]. http://ena.lp.edu.ua:8080/bitstream/ntb/2011/1/32.pdf
Matveev, S. S. “Organizatsionno-metodicheskoe formirovanie sistemy kontrollinga na stekolnom predpriiatii meditsinskoy promyshlennosti“ [Organizational and methodical system of controlling the formation of the company in the glass medical industry]. avtoref. dis. ... kand. ekon. nauk : spets. 08. 00. 05, 2006.
Meleniuk, V. O. “Vyznachennia efektyvnosti kontrolinhu na promyslovykh pidpryiemstvakh Ukrainy“ [Determining the effectiveness of controlling the industrial enterprises of Ukraine]. http://archive.nbuv.gov.ua/portal/soc_gum/Dtr_ep/2011_6/files/EC611_31.pdf
Palasheva, N. V. “Bukhgalterskiy uchet i kontrolling dokhodov na malykh predpriiatiiakh obshchestvennogo pitaniia“ [Accounting and Controlling income on small catering]. avtoref. dis. ... kand. ekon. nauk : spets. 08. 00. 12, 2005.
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Romanova, M. “Kontrolling kak sredstvo strategicheskogo upravleniia predpriiatiem“ [Controlling as a means of strategic business management]. Upravlenie kompaniey, no. 4 (2008): 80-85.
Smyrnova, L. D. “Mekhanizm hnuchkoho kontrolinhu v upravlinni vyrobnycho-hospodarskymy systemamy“ [Flexible mechanism controlling in the management of industrial and economic systems]. avtoref. dys. … kand. ekon. nauk : spets. 08. 02. 03, 2003.
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Filinov, A., and Tikhonenkova, E. “Kontrolling prodazh: kak postavit tseli i otsenit rezultat“ [Controlling sales : how to set goals and evaluate the result]. http://www.ev.spb.ru/art.php3?newsid=21993
Fishchenko, O. M. “Obgruntuvannia dotsilnosti investytsiinykh proektiv v umovakh antykryzovoho upravlinnia“ [Rationale investment projects in terms of crisis management]. http://iem.donntu.edu.ua/images/file/epr/fishchenko_03.pdf
Yaremenko, O. V. “Otsinka ekonomichnoi efektyvnosti investuvannia pidpryiemstv spozhyvchoi kooperatsii“ [Evaluation of the economic efficiency of investment companies consumer cooperatives]. Visnyk KhNU. Ekonomichni nauky, no. 1 (2012): 102-105.
Yaroshchuk, O. “Osoblyvosti zastosuvannia standartnykh finansovykh kryteriiv otsinky efektyvnosti investytsiinykh proektiv“ [The application features the standard financial criteria for evaluating the effectiveness of investment projects]. Ekonomichnyi analiz, no. 7 (2010): 219-223.
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Section: Finance and banking
UDC 336.22
Khodyakova O. V.
Analysis of indirect taxation in Ukraine (p. 298 - 303)
The goal of the article is analysis of the structure and dynamics of indirect taxes for the previous five years and also the influence of indirect taxation upon formation of income of the State Budget of Ukraine. The article analyses the modern state of indirect taxation in Ukraine. Specific weight of the value added tax, excise tax and customs duty are considered in the structure of tax receipts of the consolidated budget of Ukraine as indirect taxes. The article shows that receipts of the State Budget of Ukraine are mostly provided by indirect taxes. The Ukrainian taxation system is mostly a factor of reduction of the level of economic growth and investment activity in the country and the existing system of administering is not completely capable of excluding the possibility of tax evasion. The prospect of further studies in this direction is improvement of organisation of tax control in Ukraine and differentiation of the value added tax rates depending on the level of consumption of goods and level of income of consumers.
Keywords: indirect taxes, indirect taxation, value added tax, excise tax, customs duty, consolidated budget
Fig.: 2. Tabl.: 3. Bibl.: 8.

Khodyakova Olga V. – Candidate of Sciences (Economics), Associate Professor, Department of Finance and Banking, Donetsk National University (21 600-richchia Str., Vinnytsia, 21021, Ukraine)
Email: olga_hodyakova@meta.ua

Reference to this article:
Khodyakova, Olga V. (2014) “Analysis of indirect taxation in Ukraine.” The Problems of Economy 1:298–303.

List of references in article

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Ofitsialnyy sayt Ministerstva finansov Ukrainy. http://www.minfin.gov.ua/
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Section: Economic theory
UDC 364.144+330.59
Berveno O. V.
Influence of an extreme inequality of income upon the life quality (p. 304 - 308)
Historical mission of economy of the XXI century is increase of life quality. Due to this significance of factors that determine life quality increases. Extreme inequality of income becomes a factor of destructive effect, especially recently. In order to analyse influence of inequality of income upon life quality, the article uses a system approach; to detect direct and backward connections between the inequality and life quality – dialectical method; to identify the character of interconnection between the economic growth and inequality and its decomposition into components: positive and excessive – comparative and statistical methods. Extreme inequality requires from scientists and experts to actively search for new mechanisms of fair re-distribution of the economic growth effect. Increase of life quality is impossible without efficient solution of this problem.
Keywords: extreme inequality, life quality, economic growth, needs, income
Tabl.: 1. Bibl.: 14.

Berveno Oksana V. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Economic Theory and International Economics, O. M. Beketov National University of Urban Economy in Kharkiv (17 Chornohlazivska Str., Kharkіv, 61002, Ukraine)
Email: bervenooksana@gmail.com

Reference to this article:
Berveno, Oksana V. (2014) “Influence of an extreme inequality of income upon the life quality.” The Problems of Economy 1:304–308.

List of references in article

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Eshchenko, P. S. “Ekonomicheskiy rost bez razvitiia: prichiny i puti innovatsionnogo preobrazovaniia ekonomiki“ [Economic growth without development: Causes and innovative transformation of the economy]. Ekonomika Ukrainy, no. 10 (2013): 4-21.
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Shulha, M. O. Dreif na uzbichchia. Dvadtsiat rokiv suspilnykh zmin v Ukraini [The drift to the side. Twenty years of social change in Ukraine]. Kyiv: Biznespolihraf, 2011.
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Section: Economic theory
UDC 330.1: 338.2
Holikov I. V.
Essence and evolution of the economic security notion (p. 309 - 314)
The article shows the essence and evolution of the economic security notion. It shows that the “economic security” notion is based on a number of definitions and principles of “security”. It establishes that in the result of development of the post-industrial society and complication of social and state relations, this notion was used with economic orientation. It shows that nowadays economic security is understood as the state, in which such components as financial, information, socio-economic, institutional and legal, technical and technological, intellectual and personnel, power and ecological activity are in the states of “absence of threat”, “safety”, “protection from threats”, “protection”, “reliability”, “stability”, “rest”, “independence” and “within acceptable bounds”. Moreover, there is a system of prevention or reduction of impact of threats under controlled conditions. The article shows that economic security is a dynamic component of the economy, which adapts to the needs of the time. The current stage of the state development requires taking into account specific and address specific features of the object of study (for example, branch) for ensuring economic security under conditions of appearance of negative phenomena of uncertainty and risk. The prospect of further studies is developing new systems of economic security with consideration of historical grounds and modern tendencies of development of economic relations.
Keywords: security, economic security, history of development of the economic security notion, types of economic security
Tabl.: 1. Bibl.: 37.

Holikov Ivan V. – Candidate of Sciences (Engineering), Associate Professor, Associate Professor, Department of Accounting and Economic Analysis, Mykolaiv National University Sukhomlynskiy (24 Nіkolska Str., Mykolaiv, 54030, Ukraine)
Email: holikov@gmail.com

Reference to this article:
Holikov, Ivan V. (2014) “Essence and evolution of the economic security notion.” The Problems of Economy 1:309–314.

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Section: Mathematical methods and models in economy
UDC 330.4:519.86
Kostenko E., Kuznichenko V. M., Lapshyn V. I.
Generalized continuous linear model of international trade (p. 315 - 322)
The probability-based approach to the linear model of international trade based on the theory of Markov processes with continuous time is analysed. A generalized continuous model of international trade is built, in which the transition of the system from state to state is described by linear differential equations. The methodology of how to obtain the intensity matrices, which are differential in nature, is shown, and the same is done for their corresponding transition matrices for processes of purchasing and selling. In the process of the creation of the continuous model, functions and operations of matrices were used in addition to the Laplace transform, which gave the analytical form of the transition matrices, and therefore the expressions for the state vectors of the system. The obtained expressions simplify analysis and calculations in comparison to other methods. The values of the continuous transition matrices include in themselves the results of discrete model of international trade at moments in time proportional to the time step. The continuous model improves the quality of planning and the effectiveness of control of international trade agreements.
Keywords: Markov chains, linear differential equations, z-transform, transform Laplace
Formulae: 33. Bibl.: 26.

Kostenko Elena – Chief Financial Officer, Manifest Communications Inc. (197 Spadina Avenue, Suite 500, Toronto, Canada)
Email: Elena_Kostenko@manifestcom.com
Kuznichenko Volodymyr M. – Candidate of Sciences (Physics and Mathematics), Associate Professor, Associate Professor, Department of Economics and Mathematical Methods and Information Technology, Kharkiv Institute of Finance of the Kyiv National University of Trade and Economics (5 Pletnovskyi Lane, Kharkov, 61003, Ukraine)
Email: kyznichenko_v_m@mail.ru
Lapshyn Volodymyr I. – Doctor of Sciences (Physics and Mathematics), Professor, Professor, Department of Economics and Mathematical Methods and Information Technology, Kharkiv Institute of Finance of the Kyiv National University of Trade and Economics (5 Pletnovskyi Lane, Kharkov, 61003, Ukraine)
Email: v.i.lapshyn@i.ua

Reference to this article:
Kostenko, Elena., Kuznichenko, Volodymyr M., and Lapshyn, Volodymyr I. (2014) “Generalized continuous linear model of international trade.” The Problems of Economy 1:315–322.

List of references in article

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Section: Mathematical methods and models in economy
UDC 519.86: 330.4
Lukianenko I. H., Zhuk V. M.
Specific features of modelling rules of monetary policy on the basis of hybrid regression models with a neural component (p. 323 - 329)
The article considers possibilities and specific features of modelling economic phenomena with the help of the category of models that unite elements of econometric regressions and artificial neural networks. This category of models contains auto-regression neural networks (AR-NN), regressions of smooth transition (STR/STAR), multi-mode regressions of smooth transition (MRSTR/MRSTAR) and smooth transition regressions with neural coefficients (NCSTR/NCSTAR). Availability of the neural network component allows models of this category achievement of a high empirical authenticity, including reproduction of complex non-linear interrelations. On the other hand, the regression mechanism expands possibilities of interpretation of the obtained results. An example of multi-mode monetary rule is used to show one of the cases of specification and interpretation of this model. In particular, the article models and interprets principles of management of the UAH exchange rate that come into force when economy passes from a relatively stable into a crisis state.
Keywords: information asymmetry, monetary policy, monetary rule, macro-economic stability, hybrid econometric models, neural network
Fig.: 4. Formulae: 6. Bibl.: 15.

Lukianenko Iryna H. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Finance, National University of Kyiv-Mohyla Academy (2 Skovorody Str., Kyiv, 04655, Ukraine)
Email: luk@kse.org.ua
Zhuk Vasyl M. – Senior Lecturer, Department of Finance, National University of Kyiv-Mohyla Academy (2 Skovorody Str., Kyiv, 04655, Ukraine)
Email: zhukvm@ukma.kiev.ua

Reference to this article:
Lukianenko, Iryna H., and Zhuk, Vasyl M. (2014) “Specific features of modelling rules of monetary policy on the basis of hybrid regression models with a neural component.” The Problems of Economy 1:323–329.

List of references in article

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Matviichuk, A. V. Shtuchnyi intelekt v ekonomitsi: neironni merezhi, nechitka lohika [Artificial intelligence in economics: neural networks, fuzzy logic]. Kyiv: KNEU, 2011.
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Modely otsenky y analyza slozhnykh sotsyalno-ekonomycheskykh system [Model evaluation and analysis of complex socio-economic systems]. Kharkiv: YNZhEK, 2013.

Section: Mathematical methods and models in economy
UDC [339.924+339.56.055]:330.42
Poliakova O. Y., Shlykova V. O.
Modelling changes of foreign trade relations in the context of European Union expansion (p. 330 - 336)
The article analyses experience of foreign and domestic researchers on the use of gravity models for detecting factors of influence upon the foreign trade relations between countries. Using the EU example the authors tested the assumption that redistribution of influences of indicators upon volumes of international trade takes place along with expansion of integration associations. The article builds ten modifications of the gravity model for various groups of EU countries on the basis of data for 2003 and 2012 years with introduction of additional explanatory variables, including the fictitious ones. Volume of export of goods is selected as a dependent variable. The article identifies that the most stable in time factor of influence upon the volume of trade between countries is the sizes of their population, significance of GDP volumes and distances between partners reduces and belonging to “old” countries members of EU becomes an insignificant factor. The article proves that it is necessary to use additional variables in accordance with specific features of interrelations between countries at each stage of integration association functioning.
Keywords: foreign trade relations, gravity model, European Union, integration association
Tabl.: 2. Formulae: 4. Bibl.: 25.

Poliakova Olha Yu. – Candidate of Sciences (Economics), Associate Professor, Head of, Sector of Macroeconomic Analysis and Forecasting of the Department of Macroeconomic Policy and Regional Development, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: polya_o@ukr.net
Shlykova Viktoriia O. – Candidate of Sciences (Economics), Senior Research Fellow, Department of Macroeconomic Policy and Regional Development, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: v.shlykova@ukr.net

Reference to this article:
Poliakova, Olha Yu., and Shlykova, Viktoriia O. (2014) “Modelling changes of foreign trade relations in the context of European Union expansion.” The Problems of Economy 1:330–336.

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Section: Mathematical methods and models in economy
UDC 330.837+330.4
Sokolovskyi D. B.
Modeling of ineffective Norms of economic Agents’ Behavior in Terms of Relationship of «Investor – Government» type (p. 337 - 342)
This paper considers relationship between investors and government in frame of their activity in some economic system. Author analyzed the reasons and proposed model of decisions (behavior) of investors, depending on the parameters of economic environment in which they act. Author used the model to estimate the following: 1) the favorable conditions for agents of different groups for shifting into the economy with better investment climate; 2) the agents’ attitude towards appearance in economy of another agents’; 3) the agents’ will to invest into improvement of economic climate environment in which they act; 4) the government’s will to invest into improvement of national economy. This study suggests that the government, contrary to common belief, usually shows no real interest in maintaining and improving the economic climate in the country. Even if the economic climate is relatively unfavorable, can select tax parameters under which such a situation will satisfy not only government but also investors. Author formal argued that successive realization of natural behavioral motives of economic agents in analyzed economic system finally leads to «closure» of economics and to (establishing) of incomplete market.
Keywords: contractors’ relationship, ineffective norms of behavior, economic climate, incomplete market, «market fallacy»
Fig.: 3. Formulae: 11. Bibl.: 8.

Sokolovskyi Dmytro B. – Candidate of Sciences (Economics), Senior Research Fellow, Senior Research Fellow, Department of modeling problems of economic systems, Institute of Industrial Economics of NAS of Ukraine (2 Mariia Kapnist Str., Kyiv, 03057, Ukraine)
Email: dmy.falko@gmail.com

Reference to this article:
Sokolovskyi, Dmytro B. (2014) “Modeling of ineffective Norms of economic Agents’ Behavior in Terms of Relationship of «Investor – Government» type.” The Problems of Economy 1:337–342.

List of references in article

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Sokolovskyi, D. B. “Pytannia vplyvu vzaiemyn «strakhovyk – strakhuvalnyk» na riven bezpeky ob’iekta strakhuvannia“ [The question of influence relations \"insurer - insurer\" to the level of safety of the insurance]. Visnyk Volynskoho derzhavnoho universytetu, no. 3 (2001): 219-223.

Section: Economics of Natural Resources and Environment
UDC 332.02:504.03
Samojlik M. S.
Economic and ecological optimal strategies of management of the system of regional solid waste disposal (p. 343 - 349)
The article develops an economic and ecological model of optimal management of the system of solid waste disposal at the regional level, identifies its target functions and forms optimisation scenarios of management of this sphere with theoretically optimal parameters’ values. Based on the model of management of the sphere of solid waste disposal the article forms an algorithm of identification of optimal managerial strategies and mechanisms of their realisation, which allows solution of the set tasks of optimisation of development of the sphere of solid waste disposal at a given set of values and parameters of the state of the system for a specific type of life cycle of solid waste and different subjects of this sphere. The developed model has a number of feasible solutions and, consequently, offers selection of the best of them with consideration of target functions. The article conducts a SWOT analysis of the current state of solid waste disposal in the Poltava region and identifies a necessity of development of a relevant strategy on the basis of the developed economic and ecological model with consideration of optimisation of mutually opposite criteria: ecological risk for the population from the sphere of solid waste disposal and total expenditures for this sphere functioning. The article conducts modelling of this situation by basic (current situation) and alternative scenarios and finds out that, at this stage, it is most expedient to build in the region four sorting lines and five regional solid waste grounds, while expenditures on this sphere are UAH 62.0 million per year, income from secondary raw material sales – UAH 71.2 per year and reduction of the ecological risk – UAH 13 million per year.
Keywords: solid waste, region, economic and ecological, optimal strategies
Fig.: 2. Tabl.: 1. Formulae: 13. Bibl.: 8.

Samojlik Marina S. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Ecology, Poltava National Technical Yuri Kondratyuk University (24 Pershotravnevyi Ave., Poltava, 36011, Ukraine)
Email: marina-samojlik@yandex.ru

Reference to this article:
Samojlik, Marina S. (2014) “Economic and ecological optimal strategies of management of the system of regional solid waste disposal.” The Problems of Economy 1:343–349.

List of references in article

Samoilik, M. S., and Chychkalo-Kondratska, I. B. “Upravlinnia systemoiu povodzhennia z vidkhodamy na rehionalnomu rivni“ [Management system of waste management at the regional level]. Biznes Inform, no. 4 (1) (2009): 130-133.
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Onyshchenko, V. O., and Samoilik, M. S. Teoretyko-metodolohichni zasady upravlinnia sferoiu povodzhennia z tverdymy vidkhodamy na rehionalnomu rivni [Theoretical and methodological basis of the management area of solid waste management at the regional level]. Poltava: PoltNTU, 2013.
Vagin, V. S. Kompleksnoe upravlenie zhiznennym tsiklom TBO v regione: poniatiyno-terminologicheskie i metodologicheskie osnovy kontseptsii [Integrated lifecycle management of solid waste in the region: the conceptual and terminological and methodological foundations of the concept]. Rostov-na-Donu: SKNTsVSh, 2004.
Ekolohichnyi pasport Poltavskoi oblasti [Ecological passport of Poltava region]. Poltava: Derzhupravlinnia okhorony navkolyshnyoho pryrodnoho seredovyshcha v Poltavskii oblasti, 2012.
Onyshchenko, C. V., and Samoilik, M. S. Ekoloho-ekonomichna otsinka zabrudnennia navkolyshnyoho seredovyshcha v systemi ekolohichno bezpechnoho rozvytku rehioniv Ukrainy [Ecological and economic evaluation of pollution in the system environmentally sound development in Ukraine]. Poltava: PoltNTU, 2012.
Holik, Yu. S., Illiash, O. E., and Samoilik, M. S. Povodzhennia z vidkhodamy Poltavshchyny [Waste of Poltava]. Poltava: Poltavskyi literator, 2009.
Onyshchenko, V. O., Holik, Yu. S., and Illiash, O. E. Rehionalna prohrama okhorony dovkillia, ratsionalnoho vykorystannia pryrodnykh resursiv ta zabezpechennia ekolohichnoi bezpeky z urakhuvanniam rehionalnykh priorytetiv Poltavskoi oblasti [Regional program for environmental protection, natural resource management and environmental safety, taking into account regional priorities Poltava region]. Poltava: Poltavskyi literator, 2012.