THE PROBLEMS OF ECONOMY №2-2016

The title and content

ABSTRACTS AND INFORMATION ABOUT AUTHORS

Section: World economy and international relations
UDC 339.977
Dovgal O. A., Taran A. Y.
Theoretical Aspects of the Technological Leadership of National Economies (p. 5 - 12)
The main theoretical approaches to forming and defining the essence of the technological leadership of national economies have been considered. At present the global nature of the technological development factor is the main engine of development of economies in most world countries. Changes and improvement of all the elements of productive forces occur and innovations or new developments appear as a result of technological development. Different approaches to defining the essence of the technological leadership have been considered, the stages of its development, theoretical concepts of different scientific schools regarding the impact of the factor of technological development on the overall economic process of national economies have been analyzed. Characteristics of technological modes have been summarized and their influence on the formation of the technological leadership of the world countries has been revealed. The main approaches to identifying the technological leadership of various countries on the basis of calculation of international indices have been considered. The prospect for further research of the problem is a comprehensive study of determinants that reflect the technological leadership and give a general assessment of qualitative characteristics of the formation of its components.
Keywords: technological leadership, technological mode, development index, national economy
Tabl.: 1. Bibl.: 20.

Dovgal Olеna A. – Doctor of Sciences (Economics), Professor, Professor, Department of International Economic Relations named after Artur Holikov, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: e.dovgal@karazin.ua
Taran Anton Yu. – Postgraduate Student, Department of International Economic Relations, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: antontaran6886@gmail.com

Reference to this article:
Dovgal, Olеna A., and Taran, Anton Yu. (2016) “Theoretical Aspects of the Technological Leadership of National Economies.” The Problems of Economy 2:5–12.

List of references in article

Antipina, O. N. “«Novaya makroekonomika» v SShA: poisk nedostayushchikh motivatsiy“ ["The new macroeconomics" in the United States: find the missing motivation]. SShA, Kanada: ekonomika, politika, kultura, no. 11 (2007): 57-76.
Breznitz, D. Innovation and the State: Rolitical Choice and Strategies for Growth in Israel, Taiwan, and IrelandNew Haven; London: Yale University Rress, 2007.
Warsh, D. Knowledge and the Wealth of Nations: A Store of Economic DiscoveryNew York: W. W. Norton, 2007.
Drahos, R., and Braithwaite, J. Information feudalism: Who Owns the Knowledge Economy?New York: New Rress, 2002.
Kao, J. Innovation Nation: How America is Losing Its Innovation Edge, Why it Matters, and What We Can Do to Get it BackNew York: Free Rress, 2007.
Koo, R. C. The Holy Grail of Macroeconomics: Lessons from Jarans Great RecessionSingarore: Wiley, 2008.
Porter, M., and van Opstal, D. “U. S. Comretitiveness 2001: Strengths, Vulnerabilities and Long-Term Rriorities“Council on Comretitiveness, February 15, 2009.
Bilorus, O. H. et al. Hlobalnyi konkurentnyi prostir [The global competitive environment]. Kyiv: KNEU, 2007.
Upravlinnia mizhnarodnoiu konkurentospromozhnistiu v umovakh hlobalizatsii ekonomichnoho rozvytku [Management of the international competitiveness in a globalizing economic development]. Vol. 2. Kyiv: KNEU, 2006.
Ekonomichni problemy XXI stolittia : mizhnarodnyi ta ukrainskyi vymiry [Economic problems of the XXI century: Ukrainian and international dimensions]. Kyiv: Znannia, 2007.
Pakhomov, Yu. N. et al. Tsivilizatsionnyye modeli sovremennosti i ikh istoricheskiye korni [Civilizational model of modernity and its historical roots]. Kyiv: Naukova dumka, 2002.
Trofymova, V. V. “Stratehiia tekhnolohichnoho liderstva SShA ta mekhanizmy yoho dosiahnennia“ [US technological leadership strategy and mechanisms for achieving it]. httр://ukrmodno.com.ua/hеalth/trofimova-v-v-stratеgiya-tеhnologichnogo-lidеrstva-ssha-ta-mеh/main.html
Shakhmayev, A. S. “Analiz innovatsionnoy politiki razvitykh stran“ [Analysis of innovation policies of developed countries]. httрs://crеativеconomy.ru/articlеs/23804/
Mikusheva, T. Yu. “Zarubezhnyy opyt gosudarstvennogo regulirovaniya innovatsionnoy deyatelnosti“ [Foreign experience of state regulation of innovative activity]. httр://www.рandia.ru/816112/
Fedulova, L. “Tekhnologicheskoye razvitiye ekonomiki“ [The technological development of the economy]. Ekonomika Ukrainy, no. 6 (2006): 4-11.
Glazev, S. Yu. Evoliutsiya tekhniko-ekonomicheskikh sistem [The evolution of the technical and economic systems]. Moscow: Nauka, 1992.
Glazev, S. Yu., and Kharitonov, V. V. Nanotekhnologii kak kliuchevoy faktor novogo tekhnologicheskogo uklada v ekonomike [Nanotechnologies as key new technological structure of the economy]. Moscow: Trovant, 2009.
Koblov, E. N. “Kursom v 6-y tekhnologicheskiy uklad“ [Heading in the 6th technological way]. Sayt o nanotekhnologiyakh №1 v Rossii. httр://www.nanonеwsnеt.ru/articlеs/2010/
Goncharov, A. S. “Transformatsiya vysshego obrazovaniya na osnove smeny tekhnologicheskogo uklada v ekonomike“ [Transformation of Higher Education on the basis of the change of technological structure of the economy]. httр://www.sciеncе-еducation.ru/102-5979
Kabanov, S. S. “Nauchno-tekhnologicheskoye razvitiye kak opredelyayushchiy faktor mezhdunarodnoy konkurentosposobnosti natsionalnoy ekonomiki“ [Scientific and technological development as a determining factor of international competitiveness of the national economy]. Molodoy uchenyy, no. 3 (2012): 166-170.

Section: World economy and international relations
UDC 339.972
Otenko I. P.
Economic Sustainability in International Business: Peculiarities, Methods and Approaches (p. 13 - 18)
This article is intended as a contribution to the ongoing analysis of economic sustainability in international business. This study is presented with a view toward further understanding and agreement of the key concepts of sustainability. Approaches to sustainability are considered, important benchmarks and essential characteristics of sustainable development in international business are included. The article demonstrates how the concept of economic sustainability can be applied to the business level. The main ideas of the most widespread concepts on resource management are presented. Incorporation of ESG and financial factors in the concept of sustainable investing is considered. Emissions that are responsible for climate change, namely top emitters, key issues and figures are presented.
Keywords: economic sustainability, development, concepts, resource management, economic, social, government factors, emissions
Fig.: 1. Tabl.: 2. Bibl.: 10.

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

Reference to this article:
Otenko, Iryna P. (2016) “Economic Sustainability in International Business: Peculiarities, Methods and Approaches.” The Problems of Economy 2:13–18.

List of references in article

Lutteken, A., and Hagedorn, K. “Transformation and environment: Perspectives for Central and Eastern European countries“Economics of agro-chemicals, Proceedings of a symposium of the International Association of Agricultural Economics. Wageningen, The Netherlands; Aldershot, Hampshire, Ashgate, 1996. 347-358.
World Commission on Environment and Development. Our common futureOxford: Oxford University Press, 1987.
Zeeuw, A. deResource Management: Do we need public policy?, 2000.
“UNFCCC. 2012. United Nations Framework Convention on Climate Change Flexible GHG Data Queries“ http://unfccc.int/di/FlexibleQueries/Setup.do
“Environmental, Social and Governance (ESG) Criteria“ Investopedia. http://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp
“Definition of ESG“ Financial Times. http://lexicon.ft.com/Term?term=ESG
“CFA Society Ukraine“ https://www.cfasociety.org/ukraine/Pages/default.aspx
Hanna, S., and Munasinghe, M.Property rights in a social and ecological context, Case study and design apllicationsWashington D.C.: The Beijer International Institute of Ecological Economics and the World Bank, 1995.
United Nations, Department of Economic and Social Affairs, Population Division. World Population Ageing, 2013.
“CFA Society of Investment Professionals“ https://www.cfasociety.org/ukraine/Pages/default.aspx

Section: Economics and national economy management
UDC 311.21:658.14
Vyniatynska L. V.
The Statistical Analysis and Assessment of the Solvency of Forest Enterprises (p. 19 - 25)
The aim of the article is to conduct a statistical analysis of the solvency of forest enterprises through a system of statistical indicators using the sampling method (the sampling is based on the criteria of forest cover percent of regions of Ukraine). Using financial statements of forest enterprises that form a system of information and analytical support for the statistical analysis of the level of solvency of forestry in Ukraine for 2009-2015 has been analyzed and evaluated. With the help of the developed recommended values the results of the statistical analysis of the forest enterprises’ solvency under conditions of self-financing and commercial consideration have been summarized and systematized. Using the methodology of the statistical analysis of the forest enterprises’ solvency conducted on the corresponding conceptual framework, which is relevant and meets the current needs, a system of statistical indicators enabling to assess the level of solvency of forest enterprises and identify the reasons of its low level has been calculated.
Keywords: solvency, forest enterprises, statistical analysis, type of the balance liquidity, system of statistical indicators
Tabl.: 7. Bibl.: 13.

Vyniatynska Liudmila V. – Candidate of Sciences (Economics), Assistant, Department of Accounting, Auditing and Economic Analysis, Bukovina State Finance and Economics University (1 Manfreda Shterna Str., Chernіvtsі, 58000, Ukraine)
Email: viniatinska@yahoo.com

Reference to this article:
Vyniatynska, Liudmila V. (2016) “The Statistical Analysis and Assessment of the Solvency of Forest Enterprises.” The Problems of Economy 2:19–25.

List of references in article

Holovach, A. V. et al. Statystychne zabezpechennia upravlinnia ekonomikoiu: prykladna statystyka z vykorystanniam analitychnykh mozhlyvostei prohramnoho seredovyshcha Microsoft Excel [Statistical economic governance: applied statistics using the analytical capabilities of the software environment Місrosoft Excel]. Kyiv: KNEU, 2006.
Derzhavne ahentstvo lisovykh resursiv Ukrainy : ofitsiinyi sait. http://dklg.kmu.gov.ua/forest/
Derzhavnyi komitet statystyky Ukrainy : ofitsiinyi sait. http://www.zakon.rada.gov.ua
Zamula, Kh. “Rol lisovoho hospodarstva v adaptatsii do naslidkiv zminy klimatu“ [The role of forest management in adapting to climate change]. Ekonomisty (2011): 17-19.
Kulyk, A. V. “Problemy orhanizatsii ta metodyky analizu likvidnosti i platospromozhnosti pidpryiemstv“ [Problems and methods of analysis of liquidity and solvency of enterprises]. Zbirnyk naukovykh prats MNNTs ITiS, no. 14 (2009): 300-332.
“Lisove hospodarstvo Ukrainy“ [Forestry Ukraine]. http://www.lesovod.org.ua/node/22363
“Lisovyi kodeks Ukrainy“ [Forest Code of Ukraine]. http://zakon2.rada.gov.ua/laws/show/3852-12
Makarchuk, I. “Osnovni pokaznyky otsinky platospromozhnosti ta likvidnosti pidpryiemstv i metodyka yikh vyznachennia“ [Key indicators assess the solvency and liquidity of enterprises and methods of their determination]. Formuvannia rynkovykh vidnosyn v Ukraini, no. 7 (2008): 36-41.
Motoryn, R. M., and Motoryna, T. M. “Oblik operatsii z nefinansovymy aktyvamy sektora derzhavnoho upravlinnia v natsionalnykh rakhunkakh Ukrainy zhidno z mizhnarodnymy standartamy“ [Accounting for non-financial assets of the general government in national accounts of Ukraine in accordance with international standards]. Zovnishnia torhivlia: ekonomika, finansy, pravo, no. 5-6 (2015): 127-133.
Pechuliak, V. “Zarubizhnyi dosvid orhanizatsii derzhavnoho upravlinnia lisovym hospodarstvom i perspektyvy yoho vykorystannia v Ukraini“ [Foreign experience of state forest management and the prospects for its use in Ukraine]. Pidpryiemnytstvo, hospodarstvo i pravo, no. 12 (2010): 55-59.
Potapova, M. Yu. “Informatsiino-analitychne zabezpechennia statystychnoho analizu platospromozhnosti lisovykh hospodarstv v umovakh nestabilnoho rynkovoho seredovyshcha“ [Information and analytical support for the statistical analysis of the solvency of forest management in an uncertain market environment]. http://global-national.in.ua/issue-2-2014
Ryzhakova, H. M. “Vyznachennia vplyvu faktoriv na pokaznyk obsiahu realizatsii produktsii (robit, posluh) malykh pidpryiemstv u silskomu, lisovomu hospodarstvi ta myslyvstvi Ukrainy“ [Determining the impact of factors on the rate of sales of goods (works, services) of small enterprises in agriculture, forestry and hunting Ukraine]. Formuvannia rynkovykh vidnosyn v Ukraini, no. 7-8 (2010): 108-112.
Shershun, M. “Reformuvannia u haluzi lisovoho hospodarstva v konteksti provedennia ekonomichnykh reform v Ukraini“ [The reform of the forestry sector in the context of economic reforms in Ukraine]. Ekonomist, no. 10 (2011): 9-11.

Section: World economy and international relations
UDC 657.2:339.564
Izmaylov Y. O.
Activation of Investment and Innovation Development of Ukraine’s Economy by Improving the Accounting and Analysis of Foreign Investments (p. 26 - 33)
The aim of the article is to justify and present recommendations on improving the accounting and economic analysis of foreign investments for investment and innovation development of the Ukrainian economy. The dynamics of macroeconomic indicators of foreign investments, which have a direct impact on investment and innovation development of the Ukrainian economy, has been analyzed. The main problems of the investment and innovation development have been indicated and systematized and the places of Ukraine in the world rankings in terms of the weak positions of the economy are presented. The explanation of the category of “foreign investments” with a view to their use in accounting and economic analysis is presented. The ways for improving the accounting and analytical procedures of foreign investment to create transparent and clear rules of doing business for foreigners in Ukraine have been offered. There has been proved a positive influence of the presented recommendations on investment and innovation development of the Ukrainian economy.
Keywords: accounting of foreign investments, economic analysis of foreign investment, investment and innovation development, foreign investments, investor
Fig.: 4. Tabl.: 3. Bibl.: 15.

Izmaylov Yaroslav O. – Candidate of Sciences (Economics), Associate Professor, Department of International Economics, Kryvyi Rih Economic Institute of Kyiv National Economic University named after Vadym Hetman (16 Medychna Str, Kryvyi Rih, Dnіpropetrovsk region, 50051, Ukraine)
Email: izmyar@ukr.net

Reference to this article:
Izmaylov, Yaroslav O. (2016) “Activation of Investment and Innovation Development of Ukraine’s Economy by Improving the Accounting and Analysis of Foreign Investments.” The Problems of Economy 2:26–33.

List of references in article

Andriichuk, V. H. Investytsiina bezpeka perekhidnykh ekonomik v umovakh hlobalnoi intehratsii: teoretyko-metodolohichni pidstavy ta prykladni aspekty [Investment security in transition economies under conditions of global integration: theoretical and methodological foundations and applied aspects]. Donetsk, 2012.
Heiets, V. M. “Instytutsiina obumovlenist innovatsiinykh protsesiv u promyslovomu rozvytku Ukrainy“ [Institutional conditioning of innovative processes in the industrial development of Ukraine]. Ekonomika Ukrainy, no. 12 (637) (2014): 4-19.
Husiev, V. O., and Muzhylko, O. O. “Paradyhma staloho innovatsiinoho rozvytku“ [The paradigm of sustainable innovative development]. Ekonomika ta derzhava, no. 9 (2011): 115-118.
Maliuta, L., and Libus, T. “Innovatsiina polityka yak osnova pidvyshchennia mizhnarodnoho konkurentnoho statusu natsionalnoi ekonomiky“ [Innovation policy as a basis for increasing the international competitive status of national economy]. Sotsialno-ekonomichni problemy i derzhava, no. 1 (8) (2013): 141-150.
Molchalova, E. Yu. “Diialnist transnatsionalnykh kompanii v Ukraini. Friedrich Ebertstiftung“ [The activities of transnational companies in Ukraine. Friedrich Ebertstiftung]. http://library.fes.de/pdf-files/bueros/ukraine/09718.pdf
Pavlenko, I. A. Innovatsiine pidpryiemnytstvo u transformatsiinii ekonomitsi Ukrainy [Innovative entrepreneurship in the transition economy of Ukraine]. Kyiv: KNEU, 2007.
Prokopenko, I. F., and Stovbun, T. O. “Innovatsiina polityka derzhavy ta yii rol u zabezpechenni rozvytku ekonomiky Ukrainy“ [Innovative policy of the state and its role in development of economy of Ukraine]. https://orcid.org/0000-0002-2616-1895
Svirko, S. V., and Kuzminskyi, B. Yu. “Derzhavni finansy Ukrainy: vyznachalni vektory, rezultaty ta problemy rozvytku“ [Public finances in Ukraine: defining the vectors, the results and problems of development]. Nezalezhnyi audytor, no. 13 (3) (2015): 24-31.
Sukhorukov, A. I., and Sobkevych, O. V. “Aktyvizatsiia investytsiino-innovatsiinoi polityky u promyslovosti - stratehichnyi priorytet natsionalnykh ekonomichnykh interesiv Ukrainy“ [The intensification of investment and innovative policy in the industry is a strategic priority of national economic interests of Ukraine]. Zovnishnia torhivlia: ekonomika, finansy, pravo, no. 3 (80) (2015): 193-205.
“World Economic Forum Report 2014/2015“ http://www.weforum.org/reports/2014/2015
[Legal Act of Ukraine] (1996). http://zakon.rada.gov.ua/
[Legal Act of Ukraine] (2013). http://zakon4.rada.gov.ua/laws/show/5205-17
[Legal Act of Ukraine] (2012). http://zakon3.rada.gov.ua/laws/show/4495-17
“Stan investytsiinoi diialnosti v Ukraini“ [The investment activities in Ukraine]. http://www.ukrstat.gov.ua/
“Priami inozemni investytsii z krain svitu v ekonomiku Ukrainy“ [Foreign direct investment from countries in the Ukrainian economy]. http://ukrstat.org/uk/operativ/operativ2014/zd/ivu/ivu_u/ivu0414.html

Section: World economy and international relations
UDC 338.23
Kyzym M. O., Salashenko T. I., Borshch L. M.
Prospects for Strengthening the Security of Ukraine’s Energy Supply through Development of Unconventional Natural Gas Production (p. 34 - 43)
The article presents an analysis of the American experience in development of natural shale gas in the US, identifies the causes that led to the shale revolution. Its current state is characterized by achieving the peak production simultaneously with shift in the emphasis from natural shale gas to shale oil. The potential technically extracted gas reserves as well as trends in terms of the growth of conventional natural gas reserves and the development of trade in liquefied natural gas are regarded as global preconditions for enlargement of the shale natural gas output. Natural shale gas can be considered as an alternative project only for liquefied natural gas while, compared to pipeline gas, its production is uncompetitive. The national preconditions for development of the industry of nonconventional natural gas production are determined on the basis of the current trends in Ukraine’s gas market. The main obstacles to the realization of this direction are reduction of the gas needs and liberalization of natural gas trade on the basis of European principles. Economic evaluation of the feasibility of natural shale gas production made it possible to forecast its production cost at the wellhead at different depths and estimate its investment attractiveness in different aggregate states. On the basis of the approbation of the presented methodological approach carried out for the Dnieper-Donets and Carpathian shale basins, it was concluded that the investment attractiveness of the first one is higher, given its reservoir properties and the presence of deposits of non-conventional hydrocarbons in different states of aggregation.
Keywords: natural shale gas, potential reserves, production cost, investment attractiveness, security of energy supply
Tabl.: 5. Bibl.: 13.

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
Salashenko Tetiana I. – Candidate of Sciences (Economics), Senior Research Fellow, 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: tisandch@gmail.com
Borshch Larysa M. – 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., Salashenko, Tetiana I., and Borshch, Larysa M. (2016) “Prospects for Strengthening the Security of Ukraine’s Energy Supply through Development of Unconventional Natural Gas Production.” The Problems of Economy 2:34–43.

List of references in article

“U. S. Crude Oil and Natural Gas Proved Reserves, 2013“. US Energy Information Administration. http://www.eia.gov/naturalgas/crudeoilreserves/pdf/uscrudeoil.pdf
“Technically Recoverable Shale Oil and Shale Gas Resources“. US Energy Information Administration. https://www.eia.gov/analysis/studies/worldshalegas/archive/2013/pdf/fullreport_2013.pdf
Hughes, J. D. “Drilling Deeper. A Reality Check on U. S. Government Forecasts for a Lasting Tight Oil & Shale Gas Boom“. http://www.postcarbon.org/wp-content/uploads/2014/10/Drilling-Deeper_FULL.pdf
Hefley, W. E. “The Economic Impact of the Value Chain of a Marcellus Shale Well“. Pitt Business Working Papers. http://www.business.pitt.edu/faculty/papers/PittMarcellusShaleEconomics2011.pdf
Seydor, Sh. M. “Understanding the Marcellus Shale Supply Chain“. Pitt Business Working Papers. http://www.catalystconnection.org/admin/uploads/pitt_understanding_the_marcellus_shale_supply_chain_may_2012.pdf
“From Shale to Shining Shale. A Primer on North American natural Gas Shale Plays“. Deutsche Bank. http://www.renewwisconsin.org/pdf/shaletoshiningshale.pdf
Kyzym, M. O., and Leliuk, O. V. Netradytsiinyi pryrodnyi haz u sviti ta Ukraini: zapasy ta perspektyvy vydobutku [Unconventional natural gas in the world and Ukraine: reserves and production Outlook]. Kharkiv: INZhEK, 2012.
Kaufman, L. L., Kuldyrkayev, N. I., and Lysikov, B. A. Dobycha slantsevogo gaza (obzor zarubezhnogo opyta) [Shale gas (review of foreign experience)]. Donetsk: Gosudarstvennoye izdatelstvo Donbassa, 2011.
“BP Statistical Review of World Energy 2015“. British Petroleum. https://www.bp.com/content/dam/bp/pdf/energy-economics/statistical-review-2015/bp-statistical-review-of-world-energy-2015-full-report.pdf
“International Energy Data and Analysis“. US Energy Information Administration. https://www.eia.gov/beta/international/analysis.cfm?iso=DZA
Glazev, S. Yu. “Mirovoy ekonomicheskiy krizis kak protsess smeny tekhnologicheskikh ukladov“ [The global economic crisis as a process of substitution of technological modes]. Voprosy ekonomiki, no. 3 (2009): 26-38.
NAK «Naftohaz Ukrainy» : ofitsiinyi sait. http://www.naftogaz.com
“Eksport-import okremykh vydiv tovariv za krainamy svitu (shchomisiachna informatsiia)“ [Export and import of certain goods by country (monthly information)]. Derzhavna sluzhba statystyky Ukrainy. http://www.ukrstat.gov.ua/

Section: World economy and international relations
UDC 330.322.3:330.341:008
Revak I. O., Ohrymovych M. M.
Activization of Investment Activity in the Culture Sphere as One of the Criteria for Ensuring the Investment Security of Ukraine (p. 44 - 49)
The aim of the article is to study the trends in activization of investments into the culture sphere as one of the criteria of economic growth and ensuring the state investment security. Analyzing successful international experience and systematizing scientific research in this field it was determined that the development of the culture sphere contributes to growth of national productivity and improves the life quality of the population. On the basis of the study of socio-economic trends and statistical data there have been identified the development problems of the Ukrainian culture as a tool for transition to an innovative model of society development. The attention is focused on practical aspects of revival and maintaining a proper state of the cultural heritage of Ukraine as a source of provision of Ukrainian historical symbols, public morals and ethics. As a result of the research it is found that the objects of cultural heritage are the undisputed economic benefit, which has a direct impact on the investment attractiveness of regions.
Keywords: economic security, investment security of Ukraine, investment activity in the sphere of culture, cultural project, the object of cultural heritage
Fig.: 1. Tabl.: 1. Bibl.: 22.

Revak Iryna O. – Candidate of Sciences (Economics), Associate Professor, Head of the Department, Department of Social Sciences, Lviv State University of Internal Affairs (26 Horodotska Str., Lviv, 79066, Ukraine)
Email: irrarevak@gmail.com
Ohrymovych Maryana M. – Postgraduate Student, Department of Social Sciences, Lviv State University of Internal Affairs (26 Horodotska Str., Lviv, 79066, Ukraine)
Email: mariiana.ohrymovych@gmail.com

Reference to this article:
Revak, Iryna O., and Ohrymovych, Maryana M. (2016) “Activization of Investment Activity in the Culture Sphere as One of the Criteria for Ensuring the Investment Security of Ukraine.” The Problems of Economy 2:44–49.

List of references in article

Dontsov, O. O., and Triukhan, M. O. “Istoryko-kulturna spadshchyna - chynnyk strukturnykh zmin ta rozvytku turystychnoi haluzi“ [Historical and cultural heritage is a factor in structural change and development of the tourism industry]. Problemy bezperervnoi heohrafichnoi osvity i kartohrafii, no. 10 (2009): 76-80.
Zaklady kultury, mystetstva, fizkultury ta sportu Ukrainy u 2013 rotsi [Institutions of culture, art, physical education and sport of Ukraine in 2013]. Kyiv: Derzhkomstat Ukrainy, 2014.
“Investitsii v kulturu kak investitsii v budushchee Ukrainy“ [Investing in culture as an investment in the future of Ukraine]. Forbes-club. http://forbes.net.ua/gallery/962-forbes-club-investicii-v-kulturu
“Investitsii v kulturu - samyye vygodnyye“ [Investment in culture - the best]. BBC Russia. http://www.bbc.com/russian/russia/2010/05/100526_mamut_design_education.shtml
“Kak anglichane vyigryvayut, investiruya v iskusstvo i kulturu“ [The British win by investing in art and culture]. https://www.culturepartnership.eu/article/kak-anglichane-viigrivayut-investiruya-v-iskusstvo-i-kuljturu
Kobrynovych, M. “Kultura“ [Culture]. Sait Lvivskoi miskoi rady. http://city-adm.lviv.ua/news/culture/227042-investytsii-v-kulturu-v-osvitu-tse-toi-pravylnyi-fundament-na-iakomu-mozhna-buduvaty-krainu-a-sadovyi
Kulakova, N. V. “Osoblyvosti zlochyniv u sferi okhorony kulturnoi spadshchyny, shcho vchyniaiutsia orhanizovanymy zlochynnymy hrupamy“ [Features of crimes in the sphere of cultural heritage protection, committed by organized criminal groups]. Borotba z orhanizovanoiu zlochynnistiu i koruptsiieiu (teoriia i praktyka), no. 2 (2014): 112-116.
Nahorniak, I. “Kultura yak faktor ekonomichnoho zrostannia“ [Culture as a factor of economic growth]. Teoretychni ta prykladni aspekty rozvytku ekonomiky. Ternopil: TNTU, 2011.77-78.
“Naipryvablyvishi mista dlia turyzmu“ [The most attractive city for tourism]. Sotsiolohichna hrupa «Reitynh». http://ratinggroup.ua/files/ratinggroup/reg_files/rg_mistaua_082009_1_.pdf
Oliinyk, Ye. “Ekonomika kultury: chomu myttsiam chas vchytysia buty pidpryiemtsiamy?“ [Cultural Economics: why do artists learn to be entrepreneurs?]. http://www.radiosvoboda.org/content/article/25158209.html.10
[Legal Act of Ukraine] (2008). http://zakon3.rada.gov.ua/laws/show/574-17
[Legal Act of Ukraine] (2014). http://zakon5.rada.gov.ua/laws/show/80-19
[Legal Act of Ukraine] (2015). http://zakon3.rada.gov.ua/laws/show/928-19
“Reitynh investytsiinoi pryvablyvosti rehioniv, 2013“ [The rating of investment attractiveness of the regions, 2013]. http://www.invest-lvivregion.com/UserFiles/File/Rejting_invest.pdf
“Reitynh investytsiinoi pryvablyvosti rehioniv, 2014“ [The rating of investment attractiveness of regions 2014]. http://www.ier.com.ua/ua/projects?pid=4254
Rubinshteyn, A. Ya. Opekaemyye blaga v sfere kultury: priznaki i posledstviya «bolezni tsen» [Patronized goods in cultural sector symptoms and consequences of the "disease prices"]. Moscow: Institut ekonomiki RAN, 2012.
“Statystychna informatsiia Heneralnoi prokuratury Ukrainy 2013-2016“ [Statistical information the General Prosecutor's office 2013-2016]. http://www.gp.gov.ua/ua/stat.html
“Arts & the Economy. Using Arts and Culture to Stimulate State Economic Development“ http://www.nga.org/files/live/sites/NGA/files/pdf/0901ARTSANDECONOMY.PDF
Baumol, W. J., and Bowen, W. G. Performing Arts: The Economic DilemmaNew York: The Twentieth Century Fund, 1966.
Harel, C.-J. “The Economic, Social and Environmental Benefits of Heritage Conservation: An Annotated Bibliography“ http://www.pcs.gov.sk.ca/BenefitsHeritageConservation
Van der Borg, J., and Russo, A. P. “The Impacts of Culture on the Economic Development of Cities“ https://www.wien.gv.at/meu/fdb/pdf/intern-vergleichsstudie-ci-959-ma27.pdf
Tylus, K. “Culture as a Factor of Social and Economic Development - the Polish Experience“ http://poieinkaiprattein.org/europe/european-project-experiences/hermes-project/theory-and-concept-of-cultural-heritage-wp2/2nd-hermes-symposium-practical-aspects-of-cultural-heritage-krakow-2005/culture-as-a-factor-of-social-and-economic-development-by-karolina-tylus

Section: World economy and international relations
UDC 338.22
Slava S. S., Hapak N. M.
The Organizational and Functional Basis of Economic Development of Society and Peculiarities of its Potential Dynamics under Conditions of Decentralization of Power (p. 50 - 57)
The article analyzes the listing of institutions and activities generated by these institutions, which as a whole are intended to stimulate the economic development of society under conditions of decentralization of power. The division of the institutions into government / quasigovernment, educational / scientific and business ones has been conducted. Quantitative and structural relations of organizational measures aimed at local economic development in view of these institutions have been analyzed. It was found that most of the organizational measures contributing to economic development of society can be taken by government / quasigovernment and business institutions, which amount to 85 % and 80 % respectively from the whole defined list of the institutions. Scientific and educational organizations have only 35 % in this structural distribution. That is, for today the functional content of the measures, which contribute to the local economic development, is more important for educational and scientific organizations since in this regard they are by 2-2.5 times behind the government and business institutions. This study also evaluates the level of coordination of the organization measures aimed at the local economic development in view of the institutions. In this case the most intensive measure will be creating municipal clusters, which can unite over 75 % of local institutions (13 institutions of 20 determined by the study). Collaboration with scientific, educational and finance and credit establishments is also characterized by a quite significant level of coordination — 50 %. Measures related to intensification of the business activity (business councils, fundraising, dissemination of best practices, etc.) in view of their using by the considered institutions amount to about 30 %. The inter-municipal cooperation, organization of public hearings, e-governance and development of credit relations in society have the lowest level of coordination (about 6 %), which corresponds to 1 institution.
Keywords: institution and organization instruments, economic development of society, decentralization, institution, organizational measures
Fig.: 1. Tabl.: 2. Bibl.: 28.

Slava Svitlana S. – Candidate of Sciences (Economics), Associate Professor, Professor, Department of Business Economy, Uzhhorod National University (3 Narodna Pl., Uzhhorod, Zakarpattia region, 88000, Ukraine)
Email: svitlanaslv@gmail.com
Hapak Nataliya M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Business Economy, Uzhhorod National University (3 Narodna Pl., Uzhhorod, Zakarpattia region, 88000, Ukraine)
Email: visnyk_uzhnu@meta.ua

Reference to this article:
Slava, Svitlana S., and Hapak, Nataliya M. (2016) “The Organizational and Functional Basis of Economic Development of Society and Peculiarities of its Potential Dynamics under Conditions of Decentralization of Power.” The Problems of Economy 2:50–57.

List of references in article

Blishchuk, K. “Instrumenty derzhavnoho vplyvu na rehionalnyi ekonomichnyi rozvytok“ [Instruments of state influence on regional economic development]. http://archive.nbuv.gov.ua/e-journals/DeVr/2010_5/fail/Blishc.pdf
Dehtiariova, I. O. “Instrumenty innovatsiinoho rozvytku rehionu: zarubizhnyi ta vitchyznianyi dosvid zastosuvannia“ [Tools innovative development of the region: foreign and domestic experience of application]. Ofitsiinyi sait Natsionalnoi akademii derzhavnoho upravlinnia pry Prezydentovi Ukrainy. http://www.academy.gov.ua/ej/ej11/txts/10diovdz.pdf
Berdanova, O. V. et al. Instrumenty rehionalnoho rozvytku v Ukraini [Tools of regional development in Ukraine]. Kyiv: NADU, 2013.
Kuklinski, A. “Regional policies: Experience and Prospects“International Social Journal vol. 39, no. 2 (112) (1987): 170-187.
Mamonova, V. V. “Klasteryzatsiia yak chynnyk pidvyshchennia konkurentospromozhnosti rehioniv“ [Clustering as a factor in increasing the competitiveness of regions]. http://www.kbuapa.kharkov.ua/e-book/conf/2012-5/2012_05.pdf
Miklovda, V. P., and Slava, S. S. “Instytutsiino-orhanizatsiini chynnyky rehionalnoho ta mistsevoho ekonomichnoho rozvytku: dosvid Ukrainy ta zarubizhnykh krain“ [Institutional and organizational factors of regional and local economic development: the experience of Ukraine and foreign countries]. Sotsialno-ekonomichni doslidzhennia v perekhidnyi period, no. 5 (2003): 66-81.
Slava, S., and Hrin, H. Mistsevyi ekonomichnyi rozvytok: suchasni kontseptsii ta metody. Vybirkovyi ohliad dosvidu SShA v konteksti umov Ukrainy [Local economic development: current concepts and methods. Selective review of the US experience in the context of the conditions of Ukraine]. Uzhhorod: Mystetska liniia, 2000.
Romaniuk, S. A. “Evoliutsiia pidkhodiv do pidtrymky rehionalnoho rozvytku v krainakh svitu“ [Evolution of approaches to support regional development in the world]. http://www.economy.nayka.com.ua/?op=1&z=1829
Instrumentarii rozvytku priorytetnykh vydiv ekonomichnoi diialnosti v rehioni [Tools of priority economic activities in the region]. Uzhhorod: Vyd-vo FOP Sabo A. M., 2015.
“Kontseptsiia derzhavnoi rehionalnoi polityky“ [The concept of national regional policy]. Kyivskyi natsionalnyi portal «Dilova initsiatyva i volia hromady». http://bizvolnet.org.ua/index.php?option=com_content&task=view&id=207&Itemid=82
Bekirova, S. Ye. “Mekhanizm stimulirovaniya sotsialno-ekonomicheskogo razvitiya regiona“ [The mechanism to stimulate socio-economic development of the region]. Naukovyi visnyk: finansy, banky, investytsii, no. 3 (8) (2010): 79-85.
“Facilitating economic development: local government activities and organization structures“International City Management Association. Baseline Data Reports, no. 16 (1984): 11-12.
Fleischmann, A., and Green, G. “Organizing local agencies to promote economic development“American Review of Public Administration, no. 21 (1991): 3-15.
Brierly, A. “Economic development authorities in the American states: the organizational response to economic decline“Policy Studies Journal, no. 18 (4) (Summer) (1990): 175-190.
“The Role of Local Economic Development Agencies (LEDA)“ http://info.worldbank.org/etools/docs/library/166856/UCMP/UCMP/7_leda.html
Mountford, D. “Organising for local development: the role of local development agencies. Summary report“ http://www.oecd.org/cfe/leed/44682618.pdf
Humphrey, C., Erickson, R., and Ottensmeyer, E. “Industrial development groups, organizational resources, and the prospects for effecting growth in local economies“Growth and Change, no. 19 (1984): 1-21.
Humphrey, C., Erickson, R., and Ottensmeyer, E. “Industrial development groups, organizational resources, and the prospects for effecting growth in local economies“Growth and Change, no. 19 (1988): 1-21.
Humphrey, C., Erickson, R., and Ottensmeyer, E. “Industrial development organizations and the local dependence hypothesis“Policy Studies Journal, no. 17 (1989): 624-642.
Campbell, C. Change agents in the new economy: business incubators and economic developmentMinneapolis, MN: Hubert H. Humphrey Institute of Public Affairs, 1988.
Rubin, H. “Local economic development organizations and the activities of small cities in encouraging economic growth“Policy Studies Journal, no. 14 (3) (March) (1986): 363-388.
Reese, L. “Categories of local economic development techniques: an empirical analysis“Policy Studies Journal, no. 21 (3) (1993): 492-506.
Clarke, S. “The profound and the mundane: analyzing local economic development activities“Urban Geography, no. 14 (1) (1993): 78-94.
Green, G. et al. “Community-based economic development projects are small but valuable“Rural Development Perspectives, no. 8 (1993): 8-15.
Shaffer, R. “Building economically viable communities: a role for community developer“Journal of the Community development Society, no. 21 (1990): 74-87.
“Decentralization & Subnational Regional Economics“ The World Bank Group. http://www1.worldbank.org/publicsector/decentralization/what.htm
“A History of Decentralization“ The World Bank Group. http://www.ciesin.org/decentralization/English/General/history_fao.html/
“Decentralization & Subnational Regional Economics. Administrative Decentralization“ The World Bank Group. http://www1.worldbank.org/publicsector/decentralization/admin.htm

Section: World economy and international relations
UDC 338.246.025
Chechetovа-Terashvili T. M., Udovenko A. O., Loseva O. H.
The New Methodology for Analyzing the Regulatory Impact of a Legal Act: Pros and Cons (p. 58 - 66)
Advantages and problems of the existing methodologies for analyzing the impact and monitoring of the effectiveness of a regulatory act (RIA) have been evaluated. The urgency of developing a methodological approach for evaluating the quality of the implementation of projects of normative legal acts by RIA regulatory authorities has been justified. There have been analyzed RIAs of the projects of normative legal acts developed by the regulatory authorities in March and April 2016 for their compliance with the new methodology. An algorithm of applying the methodological approach has been formed. The integral index has been proved and coefficients of the completeness of qualitative and quantitative evaluations have been determined. To carry out the assessment, the state and local regulatory authorities were selected. The conclusions as to the completeness and quality of the analyzed RIAs, as well as their compliance with the provisions of the new methodology have been made. Proposals to improve existing techniques have been developed.
Keywords: methodical support, regulatory policy, regulatory impact analysis, normative legal act, regulatory authorities
Fig.: 6. Tabl.: 2. Formulae: 6. Bibl.: 13.

Chechetovа-Terashvili Tetiana M. – 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)
Email: ivanosha@mail.ru
Udovenko Anastasiya O. – Postgraduate Student, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: stasya9107@gmail.com
Loseva Olha H. – Applicant, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: loseva_olga@ro.ru

Reference to this article:
Chechetovа-Terashvili, Tetiana M., Udovenko, Anastasiya O., and Loseva, Olha H. (2016) “The New Methodology for Analyzing the Regulatory Impact of a Legal Act: Pros and Cons.” The Problems of Economy 2:58–66.

List of references in article

Radaelli, C. “Regulatory Quality in Europe - Concepts, measures and policy processes“. https://books/details?id=SMBrBgAAQBAJ&rdid=book-SMBrBgAAQBAJ&rdot=1&source=gbs_vpt_read&pcampaignid=books_booksearch_viewport
Jacobs, S. “Current Trends in Regulatory Impact Analysis: The Challenges of Mainstreaming RIA into Policy-making“. https://www.wbginvestmentclimate.org/uploads/6.CurrentTrends.pdf
Hlushko, A. D. “Otsinka efektyvnosti derzhavnoi rehuliatornoi polityky u sferi vnutrishnyoi torhivli v Ukraini“ [Evaluation of the effectiveness of state regulatory policy in the sphere of domestic trade in Ukraine]. http://www.irbis-nbuv.gov.ua/cgi-bin/irbis_nbuv/cgiirbis_64.exe?Z21ID=&I21DBN=UJRN&P21DBN=UJRN&S21STN=1&S21REF=10&S21FMT=fullwebr&C21COM=S&S21CNR=20&S21P01=0&S21P02=0&S21P03=A=&S21COLORTERMS=1&S21STR=%D0%93%D0%BB%D1%83%D1%88%D0%BA%D0%BE%20%D0%90$
[Legal Act of Ukraine] (2003). http://zakon3.rada.gov.ua/laws/show/1160-15
Ivanov, Yu. B., and Udovenko, A. O. “Metodychnyi pidkhid do otsinky diievosti zakhodiv u sferi derehuliuvannia ekonomiky Ukrainy“ [Methodical approach to evaluating the effectiveness of activities in the sphere of deregulation of economy of Ukraine]. Naukovyi visnyk Uzhhorodskoho universytetu. Seriia «Ekonomika», no. 2 (46) (2015): 59-66.
Ivanov, Yu. B., and Udovenko, A. O. “Otsinka yakosti provedennia ARV proektiv rehuliatornykh aktiv“ [Assessment of the quality of ARVs draft regulatory acts]. In Priorytety rozvytku natsionalnoi ekonomiky v konteksti yevrointehratsiinykh ta hlobalnykh vyklykiv, 38-41. Kharkiv: KhNUBA, 2016.
Liapin, D. V. “M-test v rehuliatornii politytsi : prezentatsiia“ [M-test in regulatory policy : presentation]. http://www.dkrp.gov.ua/info/4956
“Monitorynh i komentari do normatyvno-pravovykh aktiv u sferi rehuliatornoi polityky (kviten, 2016)“ [Monitoring and comments to regulatory legal acts in the sphere of regulatory policy (April, 2016)]. http://ndc-ipr.org/media/documents/2016_04_deregul.pdf
“Monitorynh i komentari do normatyvno-pravovykh aktiv u sferi rehuliatornoi polityky (traven, 2016)“ [Monitoring and comments to regulatory legal acts in the sphere of regulatory policy (May, 2016)]. http://ndc-ipr.org/media/documents/2016_05_deregul.pdf
[Legal Act of Ukraine] (2015). http://zakon5.rada.gov.ua/laws/show/1151-2015-%D0%BF
[Legal Act of Ukraine] (2004). http://zakon3.rada.gov.ua/laws/show/308-2004-%D0%BF
Shybaieva, N. V. “Vyznachennia ta pryntsypy rehuliatornoi polityky“ [Definition and principles of regulatory policy]. Ekonomichnyi analiz vol. 18, no. 1 (2014): 114-119.
Yasinovska, I. F. “Derzhavna rehuliatorna polityka v sferi pidpryiemnytstva ta yii vplyv na diialnist subiektiv hospodariuvannia“ [State regulatory policy in the sphere of entrepreneurship and its impact on the activities of business entities]. Innovatsiina ekonomika, no. 5 (31) (2012): 312-315.

Section: World economy and international relations
UDC 332.145
Yaroshenko I. V., Semyhulina I. B.
Implementation of the Decentralization Reform in Ukraine: Current Issues of Public Administration Modernization (p. 67 - 73)
The need of all parts of the modern Ukrainian society for structural transformations determines the direction of development of the country and its territories. One of such priority vectors is the decentralization reform, efficiency of which is inextricably linked with the changes that occur in all vital for the development of society and every individual public areas: public administration, judicial system, law enforcement bodies, deregulation and development of business, banking and financial sectors, innovation and trade policies, education, medicine and other sectors of the economy and social sphere. The initiated in Ukraine transformations, including the decentralization of public power, require further legislative changes and desire of all public institutions to ensure their effective implementation through public initiative and public support. Monitoring the course of the decentralization reform in Ukraine has demonstrated little actual results of its implementation. Today an adequate legislation framework concerning the powers, resources and responsibilities has not been established yet. It is advisable to carry out a profound theoretical and practical study of the world and Ukrainian experience, develop and introduce an own science-based system of power decentralization with consideration for historical, ideological, cultural, social, economic, geographical and other features of the country, while taking into account the best practices, which can be effectively used.
Keywords: reform of power decentralization, socio-economic development, point of economic growth, territorial communities, local self government system, powers, resources, administrative and territorial structure, development of territories
Bibl.: 24.

Yaroshenko Ihor V. – Candidate of Sciences (Economics), Head of, 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: iyaroshenko@i.ua
Semyhulina Iryna B. – Candidate of Sciences (Economics), Junior Researcher, 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: isemigulina@i.ua

Reference to this article:
Yaroshenko, Ihor V., and Semyhulina, Iryna B. (2016) “Implementation of the Decentralization Reform in Ukraine: Current Issues of Public Administration Modernization.” The Problems of Economy 2:67–73.

List of references in article

[Legal Act of Ukraine] (2014). www.rada.gov.ua
[Legal Act of Ukraine] (2014). http://www.rada.gov.ua
[Legal Act of Ukraine] (2014). www.rada.gov.ua
[Legal Act of Ukraine] (2014). http://www.rada.gov.ua
[Legal Act of Ukraine] (2014). http://www.rada.gov.ua
[Legal Act of Ukraine] (2014). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
[Legal Act of Ukraine] (2015). www.rada.gov.ua
[Legal Act of Ukraine] (2015). www.rada.gov.ua
[Legal Act of Ukraine] (2015). http://www.rada.gov.ua
Natsionalna rada reform : ofitsiinyi sait. http://www.reforms.in.ua
“Detsentralizatsiia“ [Decentralization]. Ministerstvo rehionalnoho rozvytku, budivnytstva ta zhytlovo-komunalnoho hospodarstva Ukrainy : ofitsiinyi sait. http://www.minregion.gov.ua/decentralization
Derzhavna sluzhba statystyky Ukrainy : ofitsiinyi sait. http://www.ukrstat.gov.ua
Derzhavna kaznacheiska sluzhba Ukrainy : ofitsiinyi sait. http://www.treasury.gov.ua
Heoportal administratyvno-terytorialnoho ustroiu Ukrainy. http://atu.minregion.gov.ua
Yaroshenko, I. V., and Semyhulina, I. B. “Problemni pytannia realizatsii reformy detsentralizatsii vlady v Ukraini“ [Problematic issues of implementation of the reform of decentralization of power in Ukraine]. Problemy ekonomiky, no. 4 (2015): 177-187.
Yaroshenko, I. V., and Semyhulina, I. B. “Problemni pytannia sotsialno-ekonomichnoho rozvytku rehioniv Ukrainy ta propozytsii shchodo yikh vyrishennia v konteksti reformy detsentralizatsii vlady“ [Problematic issues of socio-economic development of regions of Ukraine and proposals for their solution in the context of the reform of decentralization of power]. Biznes Inform, no. 12 (2015): 105-115.

Section: Regional economy
UDC 504:365:33
Danko N. I., Dovhal G. V.
The Branding of Kharkov City as a Tourist Destination (p. 74 - 79)
On the basis of analyzing publications and documents of the United Nations World Tourism Organization (UNWTO), the authors clarified the concept of “tourist destination”; considered and clarified the concept of “brand of the tourist destination”; suggested the mechanism for development of the brand of the tourist destination. The existing brand of Kharkiv — “Kharkiv — smart city” — has been analyzed and it was concluded that this brand is promising and successful for educational tourism, for attracting foreign students and scholars — connoisseurs of new technologies and science fiction. The direction of further work on the brand of Kharkiv city as a tourist destination is to enhance the already existing brand “Kharkiv — smart city” by introducing a set of marketing communications, aggressive advertising campaign in Ukrainian and international media and travel exhibitions. Besides, it is considered to be promising to design brands intended for other target segments of consumers — “Kharkiv – historic city”, “Kharkiv — sport city”, etc., which will lead to a synergistic effect in the tourism industry of Kharkiv. Prospects for further research in this direction are studying new strategic directions of development of Kharkiv city as a tourist destination.
Keywords: branding, tourist destination, Kharkiv, brand of the city, tourist brand
Fig.: 1. Tabl.: 3. Bibl.: 14.

Danko Natalia I. – Candidate of Sciences (Economics), Associate Professor, Head of the Department, Department of International E-Commerce and Hotel and Restaurant Business, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: n.danko@karazin.ua
Dovhal Georgiy V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Tourism Business and Regional Studies, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: g.dovgal@karazin.ua

Reference to this article:
Danko, Natalia I., and Dovhal, Georgiy V. (2016) “The Branding of Kharkov City as a Tourist Destination.” The Problems of Economy 2:74–79.

List of references in article

Aaker, D. Brend-liderstvo: novaya kontseptsiya brendinga [Brand leadership: a new concept of branding]. Moscow: ID Grebennikova, 2003.
Morozov, M. A. Ekonomika i predprinimatelstvo v sotsialno-kulturnom servise i turizme [Economy and business in welfare service and tourism]. Moscow: Akademiya, 2004.
Ukrainskyi derzhavnyi tsentr mizhnarodnoi osvity. http://intered.com.ua
Althof, W. Incoming-Tourismus Muenchen; Wien: Oldenbourg, 1996.
A Practical Guide to Tourism Destination Management Madrid: UNWTO, 2007.
Anholt, S. Competitive Identity: The New Brand Magement for Nations, Cities and Regions Palgrave Macmillan, 2007.
Briden, J. Tourism and development New York, 1980.
Crouch, G. I. “Modelling destination competitiveness: a survey and analysis of the impact of competitiveness attributes. Sustainable Tourism Cooperative Research Centre's Monograph series, Australia“ http://www.sustainabletourismonline.com/awms/Upload/Resource/bookshop/Crouch_modelDestinComp-web.pdf
“Cost of living“ www.numbeo.com/cost-of-living
Leiper, N. Tourism management Sidney: Pearson Education Australia, 2004.
Moisander, J., and Valtonen, A. Qualitative marketing research: a cultural approach London: Sage, 2006.
Pears, P. I. Tourism development L., 1981.
Vargo, S. L., and Lush, R. F. “Service-dominant logic: continuing the evolution“Jornal of the Academy of Marketing Science, no. 36 (1) (2008): 1-10.
“2015 City Brands Index - Reputation Ranking by Anholt-Gfk Roper“ http://placebrandobserver.com/2015-city-brands-index-reputation-ranking-anholt-gfk-roper

Section: Regional economy
UDC 332
Kosyrieva O. V.
The Analysis of Theoretical Approaches to Identification of Factors of Regional Economic Growth (p. 80 - 89)
The article is devoted to the investigation of current approaches to identification of factors of economic growth in the regions. The theory of new economic geography based on works and studies of P. Krugman has been considered. There highlighted the key issues of regional economic growth requiring an in-depth studying and consideration in the elaboration of strategies for sustainable development of the regions. The views of leading domestic and foreign scholars as well as the OECD experts, the World Bank, the National Statistics Service of the United Kingdom and others on the main drivers of economic growth have been analyzed. On the basis of the study the factors of regional economic growth most commonly encountered in theory and practice have been generalized. It is proved that scientists and analysts most often classify as the factors of regional economic growth the following ones: those characterizing human potential, scientific-technical and innovative activity, management and institutional capacity. The factors less frequently correlated by specialists and scientists with the regional economic growth include: those characterizing the environment, business and socio-political factors, which is associated with difficulty of their quantification, but in any case does not diminish their importance.
Keywords: region, factor, economic growth, regional policy, development strategy
Fig.: 1. Tabl.: 2. Bibl.: 24.

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)

Reference to this article:
Kosyrieva, Olena V. (2016) “The Analysis of Theoretical Approaches to Identification of Factors of Regional Economic Growth.” The Problems of Economy 2:80–89.

List of references in article

Antonescu, D. “Theoretical approaches of regional development“ MPRA Munich Personal Repec Archive. https://mpra.ub.uni-muenchen.de/60524
Capello, R. “Location, regional growth and local development theories“AESTIMUM, no. 58 (2011): 1-25.
Belov, A. V. “K voprosu o prostranstvennom razmeshchenii faktorov proizvodstva v sovremennoy Rossii“ [The question of spatial distribution of factors of production in modern Russia]. Prostranstvennaya ekonomika, no. 2 (2012): 9-28.
Fujita, M., Krugman, P., and Venables, A. The spatial economy: cities, regions and international tradeCambridge: MIT Press, 1999.
Krugman, P. “Increasing returns and economic geography“Journal of political economy, no. 49 (1991): 137-150.
McCall, T. “What do we mean by Regional Development?“ Regional Development and Proximity Relations. http://www.ebook-3000.com
Kyzym, M. O., Razhon, I. V., and Kriachko, Ye. M. Konkurentospromozhnist rehioniv Ukrainy: otsinka ta diahnostyka [The competitiveness of regions of Ukraine: assessment and diagnosis]. Kharkiv: INZhEK, 2013.
Kyzym, M. O., and Moshchytska, T. O. “Doslidzhennia mizhrehionalnykh dysproportsii sotsialno-ekonomichnoho rozvytku v Ukraini“ [Research interregional disproportions of socio-economic development in Ukraine]. Problemy ekonomiky, no. 2 (2011): 36-39.
Kizim, N. A. et al. Modelirovaniye ustoychivogo razvitiya regionov [Modeling sustainable development of the regions]. Kharkiv: INZhEK, 2010.
Lugovoy, O. et al. Ekonomiko-geograficheskie i institutsionalnye aspekty ekonomicheskogo rosta v regionakh [Economic-geographical and institutional aspects of economic growth in the regions]. Moscow: IEPP, 2007.
Handbook of regional growth and development theoriesCheltenham; Northampton: Elgar, 2009.
Vasileva, L. P. “Faktory sbalansirovannogo sotsialno-ekonomicheskogo razvitiia regiona“ [Factors balanced socio-economic development of the region]. Vestnik altayskoy akademii ekonomiki i prava, no. 4 (31) (2013): 7-10.
“Local Governance and the Drivers of Growth“ http://www.oecd.org
“Promoting growth in all regions“ http://www.oecd.org
“The ONS productivity handbook: A statistical overview and guide“ http://www.ons.gov.uk
Wokoun, R. “Regional competitiveness and regional development factors in the Czech Republic“ http://www3.ekf.tuke.sk/cers/cers2009/PDF/02_67_Wokoun.pdf
Kurti, L. et al. “Enabling prosperity: success factors in indigenous economic development“ http://apo.org.au/node/52154
Korabeynikov, I. N. et al. “Faktory, vliyayushchiye na effektivnoye funktsionirovaniye regionalnogo proizvodstvennogo kompleksa“ [Factors influencing the effective functioning of the regional industrial complex]. Vestnik Orenburgskogo gosudarstvennogo universiteta, no. 4 (2009): 53-59.
Inshakov, O. V. “«Yadro razvitiya» v kontekste novoy teorii faktorov proizvodstva“ ["The development core" in the context of the new theory of factors of production]. Ekonomicheskaya nauka sovremennoy Rossii, no. 1 (2003): 11-25.
Shkarupa, E. V. “Analiz faktorov razvitiya regiona kak eko-sotsio-ekonomicheskoy systemy“ [Analysis of factors of development of the region as an eco-socio-economic system]. Mekhanizm rehuliuvannia ekonomiky, no. 1 (2009): 155-159.
“Reyting sotsialno-ekonomicheskogo polozheniya regionov - itogi 2014 g. “ [The rating of socio-economic status of regions - 2014]. RIA Reyting. http://vid1.rian.ru/ig/ratings/rating_regions_2015.pdf
Khodakov, V. E., Sokolova, N. A., and Chernyy, S. G. Vliyaniye prirodno-klimaticheskikh faktorov na sotsialno-ekonomicheskiye i proizvodstvennyye sistemy [The impact of climatic factors on the socio-economic and production system]. Kherson: Grin D. S., 2012.
Martin, R. “A study on the factors of regional competitiveness, a draft final report for the European commission directorate-general regional policy“ http://ec.europa.eu/regional_policy/sources/docgener/studies/pdf/3cr/competitiveness.pdf
Zubarevich, N. V. “Regiony i goroda Rossii : stsenarii 2020“ [Regions and cities of Russia: scenarios for 2020]. In Rossiia 2020: Stsenarii razvitiya, 387-406. Moscow: ROSSPEN, 2012.

Section: Economics and Enterprise Management
UDC 658.11.330.341.1
Bondarenko S. A.
The Conceptual Framework of Innovation Development in the Enterprise Management System (p. 90 - 101)
The aim of the article is to define the main conceptual framework of innovation development in the enterprise management system on the basis of the systemic approach. The current state of the innovation activity of industrial enterprises and results of introducing innovations in Ukraine have been analyzed, which revealed the absence of an effective system of innovation activity at enterprises. This results from insufficient financial resources, lack of motivation for the enterprise to introduce innovations, unpreparedness of resource provision of innovation process, unformed specific competences for the innovation activity. Besides, the vague state policy on innovation development, lack of efficient mechanisms for its stimulation and provision hinder the practical implementation of the innovation development system at enterprises. The author’s study of modern concepts of innovation development allowed to specify the author’s concept of innovation development in the system of enterprise management. It is proved that management of the enterprise innovation activity is a separate type of management activity and requires an appropriate support. The innovation system including functional, process and executive units is presented as a dynamic model of the enterprise innovation activity. The proposed conceptual approaches give a generalized idea about the place of innovation development in the system of enterprise management.
Keywords: innovation development, innovation activity, enterprise innovation system, enterprise management system
Fig.: 3. Tabl.: 3. Bibl.: 29.

Bondarenko Svitlana A. – Candidate of Sciences (Economics), Candidate on Doctor Degree, Institute of Market Problems and Economic-Ecological Research of NAS of Ukraine (29 Frantsuzkyi Blvd., Odesa, 65044, Ukraine)
Email: lana.bond15@mail.ru

Reference to this article:
Bondarenko, Svitlana A. (2016) “The Conceptual Framework of Innovation Development in the Enterprise Management System.” The Problems of Economy 2:90–101.

List of references in article

Babanova, Yu. V., and Orlov, V. M. “Metodologiya otsenki urovnya innovatsionnogo razvitiya predpriyatiya“ [The methodology of estimation of level of innovative development of enterprise]. Menedzhment v Rossii i za rubezhom, no. 4 (2013): 4-10.
Korobeynikov, O. P., and Trifilova, A. A. “Integratsiya strategicheskogo i innovatsionnogo menedzhmenta“ [Integration of strategic and innovational management]. Menedzhment v Rossii i za rubezhom, no. 4 (2001): 14-19.
Kurnosova, O. A., and Mikitenko, A. P. “Kontseptsiya upravleniya innovatsionnym razvitiyem otechestvennykh energopredpriyatiy“ [The concept of management of innovative development of domestic power utilities]. Visnyk Khmelnytskoho natsionalnoho universytetu vol. 2, no. 3 (2009): 189-193.
Noybauer, Kh. “Innovatsionnaya deyatelnost na malykh i srednikh predpriyatiyakh“ [Innovation in small and medium-sized enterprises]. http://www.cfin.ru/management/strategy/smallbiz_inno.shtml
Kizim, N. A., and Klebanova, T. S. Adaptivnyye modeli v sistemakh prinyatiya resheniy [Adaptive models in decision-making systems]. Kharkiv: ID «INZhEK», 2007.
Pushkar, A. I. “Modelirovaniye upravlyayemogo razvitiya ekonomicheskikh sistem“ [Modeling managed the development of economic systems]. In Sovremennyye problemy modelirovaniya sotsialno-ekonomicheskikh sistem, 50-65. Kharkiv: FLP Aleksandrova K. M. ; ID «INZhEK», 2009.
Ekonomicheskiy potentsial administrativnykh i proizvodstvennykh sistem [The economic potential of administrative and production systems]. Sumy: Universitetskaya kniga, 2006.
Illiashenko, S. M. Upravlinnia innovatsiinym rozvytkom [Management of innovative development]. Sumy; Kyiv : Universytetska knyha; VD «Kniahynia Olha», 2005.
Boyatsis, R. Kompetentnyy menedzher. Model effektivnoy raboty [A competent Manager. Model effective working]. Moscow: HIPPO, 2008.
Uiddet, S., and Kholliford, S. Rukovodstvo po kompetentsiyam [Leadership competency]. Moscow: Izd-vo GIPPO, 2008.
Sait Derzhavnoi sluzhby statystyky Ukrainy. http://ukrstat.gov.ua/
Sait Holovnoho upravlinnia statystyky v Odeskii oblasti. http://od.ukrstat.gov.ua/
“Kharakterystyka innovatsiinoi diialnosti pidpryiemstv“ [The characteristics of innovation activity of enterprises]. Ofitsiinyi sait Ukrainskoho instytutu naukovo-tekhnichnoi i ekonomichnoi informatsii. http://www.uintei.kiev.ua/viewpage.php?page_id=446
Solovyev, V. P. Innovatsionnaya deyatelnost kak sistemnyy protsess v konkurentnoy ekonomike. Sinergeticheskiye effekty innovatsiy [Innovative activity as system process in a competitive economy. Synergetic effects of innovation]. Kyiv: Feniks, 2004.
Izmereniye nauchno-tekhnicheskoy deyatelnosti. Predlagaemaya standartnaia praktika dlya obsledovaniy issledovaniy i eksperimentalnykh razrabotok: Rukovodstvo Fraskati [The measurement of scientific and technological activities. Proposed standard practice for surveys of research and experimental development: Frascati Manual]. Paris; Moscow: OESR; TsISN, 1995.
“Ob osnovnykh printsipakh sotrudnichestva gosudarstv - uchastnikov SNG v sfere nauki i nauchno-tekhnicheskoy deyatelnosti : Rekomendatelnyy zakonodatelnyy akt“ [About main principles of cooperation of States-participants of the CIS in the sphere of science and scientific-technical activities : Advisory legislative act]. http://pravo.kulichki.com/zak/megd/meg03059.htm
[Legal Act of Ukraine] (2002).
Shumpeter, Y. Teoriya ekonomicheskogo razvitiya [The theory of economic development]. Moscow: Progress, 1992.
Khayek, F. Pravo, zakonodatelstvo i svoboda [Law, legislation and liberty]. Moscow: IRI SEN, 2006.
Tviss, B. Upravleniye nauchno-tekhnicheskimi novovvedeniyami [Office of scientific and technical innovations]. Moscow: Ekonomika, 1989.
Mensch, G. Das technologische Patt. Innovationen Uberwinden die DepressionFrankfurt am Main: Umschau-Verl, 1975.
Veger, L. “Izuchayutsya zakonomernosti novovvedeniy uchenymi“ [Examines the patterns of innovations by scientists]. In Ekonomika nauchnykh issledovaniyMoscow: Nauka, 1981.
Kuzyk, B. N., and Yakovets, Yu. V. Tsivilizatsii: teoriya, istoriya, dialog, budushchee [Civilizations: theory, history, dialogue, future]. Vol. 6 : Perspektivy stanovleniya integralnoy tsivilizatsii. Moscow: Institut ekonomicheskikh strategiy, 2009.
Glazev, S. Yu., Lvov, D. S., and Fetisov, G. G. Evoliutsiya tekhniko-ekonomicheskikh sistem: vozmozhnosti i granitsy tsentralizovannogo regulirovaniya [The evolution of techno-economic systems: possibilities and limits of centralized regulation]. Moscow: Nauka, 1992.
Kondratyev, N. D. Bolshiye tsikly konyunktury i teoriya predvideniya [Large cycles of conjuncture and theory of foresight]. Moscow: Ekonomika, 2002.
Nikulina, O. V. “Sistemnyy podkhod k upravleniyu innovatsionnym razvitiyem promyshlennykh predpriyatiy“ [System approach to management of innovative development of industrial enterprises]. http://sovman.ru
Babanova, Yu. V., and Orlov, V. M. “Metodologiya otsenki urovnya innovatsionnogo razvitiya predpriyatiya“ [The methodology of estimation of level of innovative development of enterprise]. Menedzhment v Rossii i za rubezhom, no. 4 (2013): 3-10.
Fedulova, L. I. “Kontseptualni zasady upravlinnia innovatsiinym rozvytkom pidpryiemstv“ [Conceptual bases of management of innovative development of enterprises]. http://mmi.fem.sumdu.edu.ua/
Shaposhnikova, S. V. “Upravleniye razlichnymi tipami innovatsionnykh sistem“ [Managing different types of innovation systems]. Innovatsionnyye tekhnologii upravleniya. InVestRegion, no. 4 (2008): 27-31.

Section: Economics and Enterprise Management
UDC 334.71:[33.02+316.4.063]
Kuzmin O. Y., Didyk A. M.
The State of Applying Socio-Economic Levers for Ensuring the Polyvector Development of Industrial Enterprises in Ukraine (p. 102 - 109)
The aim of the article is to obtain by means of using instruments of primary research the information on the state of applying socio-economic levers for ensuring polyvector development of industrial enterprises in Ukraine as an information base for making management decisions on improving the process. There have been laid out and justified main parameters of the conducted survey to identify the state of applying socio-economic levers for ensuring polyvector development of industrial enterprises in Ukraine (choosing the method of raw information collection, forming the volume of selection totality, determining its spatial characteristic, identifying the target audience of the objects in the sample, choosing the instrument of the study, etc.) On the basis of the results of the conducted study there has been diagnosed a number of parameters characterizing the state of applying socio-economic levers for ensuring polyvector development of industrial enterprises in Ukraine, namely: clarity of the system of levers in whole for employees, relation of the system to the enterprise profitability, complexity of using the existing socio-economic levers ensuring polyvector development at domestic industrial enterprises, overall evaluation of the system of such levers, changes in their effectiveness under the influence of the recent financial and economic crisis. Besides, there has been performed identification of the subjects responsible at domestic enterprises for creating socio-economic levers ensuring polyvector development of business as well as factors most contributing to these processes and threats complicating them in a certain way. The results obtained should become an important information base for making management decisions helping to ensure polyvector development of industrial enterprises in Ukraine. Prospects for further research in this direction should be the specifying of separate problems aimed at more efficient management of polyvector enterprise development taking into account available information on its current state.
Keywords: survey, polyvector development, industrial enterprise, industry, development, socio-economic lever
Fig.: 8. Bibl.: 10.

Kuzmin Oleh Ye. – Doctor of Sciences (Economics), Professor, Director, Scientific-Educational Institute of Economics and Management of the Lviv Polytechnic National University (5 Mytropolyta Andreia Str., Lviv, 79013, Ukraine)
Email: oleh.y.kuzmin@lpnu.ua
Didyk Andrii M. – Candidate of Sciences (Economics), Applicant, Department of Management and International Business, National University «Lviv Polytechnic» (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: Andrii.M.Didyk@gmail.com

Reference to this article:
Kuzmin, Oleh Ye., and Didyk, Andrii M. (2016) “The State of Applying Socio-Economic Levers for Ensuring the Polyvector Development of Industrial Enterprises in Ukraine.” The Problems of Economy 2:102–109.

List of references in article

Butenko, N. V. “Osoblyvosti marketynhovykh doslidzhen na promyslovomu rynku“ [Features of marketing research in the industrial market]. Visnyk Akademii pratsi i sotsialnykh vidnosyn Federatsii profesiinykh spilok Ukrainy, no. 2 (54) (2010): 56-62.
Hnoieva, I. M. “Rol marketynhovykh doslidzhen v upravlinni audytorskoiu firmoiu“ [The role of market research in management accounting firm]. Innovatsiina ekonomika, no. 1 (39) (2013): 208-210.
Zhezhukha, V. I., and Horodyska, N. A. “Stan inzhynirynhovoi diialnosti yak biznes-napriamu vitchyznianykh mashynobudivnykh pidpryiemstv“ [Condition of engineering as a business line of domestic machine-building enterprises]. Ekonomichnyi analiz vol. 16, no. 2 (2014): 58-64.
Kuzmin, O. Ye., Zhezhukha, V. I., and Horiachka, O. O. “Sutnist ta etapy tekhnolohii diahnostyky innovatsiinoi skladovoi tekhnolohichnykh protsesiv promyslovykh pidpryiemstv“ [The essence and stages of technology innovation component diagnostic processes of industrial enterprises]. Sotsialno-ekonomichni problemy suchasnoho periodu Ukrainy. Osnovnyi kapital rehionu ta efektyvnist ioho vykorystannia, no. 5 (103) (2013): 29-38.
Masserov, N. N. “Sotsiologicheskiye podkhody k issledovaniyu problemy riska“ [The sociological approach to the study of risk issues]. Vestnik INZhEKONa. Seriya «Gumanitarnyye nauki», no. 4 (2011): 349-352.
Moroz, L. A., and Chukhrai, N. I. Marketynh [Marketing]. Lviv: NU «Lvivska politekhnika»; Intelekt-Zakhid, 2005.
Nosovskiy, A. et al. “Statistika malykh vyborok v meditsinskikh issledovaniyakh“ [Statistics of small samples in medical research]. Rossiyskiy meditsinskiy zhurnal, no. 6 (2013): 57-60.
Shevchenko, D. A. “Marketingovyye issledovaniya rynka obrazovatelnykh uslug v Rossii“ [Marketing research of educational services market in Russia]. Marketing v Rossii i za rubezhom, no. 4 (36) (2012): 24-31.
Yashkina, O. I. “Klasyfikatsiia marketynhovykh doslidzhen innovatsii mashynobudivnykh pidpryiemstv“ [Classification of marketing research innovation engineering companies]. Ekonomika: realizatsii chasu, no. 2 (7) (2013): 111-117.
Melnyk, O. G., Kuzmin, O. I., and Grom'yak, O. B. “Conceptual framework for express diagnostic analysis of industrial enterprises“Actual Problems of Economics, no. 1 (151) (2014): 193-202.

Section: Economics and Enterprise Management
UDC 330.341
Ponomarenko T. V.
The Uncompromising Nature of a Stable State of the Enterprise: Reality or Utopia? (p. 110 - 116)
There has been foregrounded the problematics of a probability of the enterprise existence in binary states: stable — instable. It is emphasized that most of scientists insist on the uncompromising nature of the stable state. The examples of the functioning of world companies, which give grounds to speak about its discrete nature, are presented. It is shown that the dynamic nature of stability is revealed through the prism of the adaptive and equilibrum approach and evolutionary and progressive one. On the basis of the critical analysis of their content there determined the hopelessness of prospects for using the first approach due to the impossibility of maintaining the equilibrium state of the enterprise during an extended period of time. The key postulates of the synergy theory are transformed to be used in the course of economic reasoning. It is noted that the dialectical unity of the multidirectional processes of destruction and creation determines the simultaneous existence of signs of stability and instability at the enterprise, which generates the weakening of the current and formation of new potential opportunities. Consequently, the excessive “dramatization” of the instable state excludes an adequate response of the management and diverts attention from the key issue — the length of staying in it. It is proved that the achievement of the highest possible synthetic unity of all the parameters of the stable state is mainly of the hypothetical nature and the permanent vital activity of the enterprise is possible only through its qualitative changes, the processes of generation of which periodically change stable periods of the enterprise existence.
Keywords: enterprise economic stability, stable state, instable state, equilibrium, development, vital activity, synergetics
Fig.: 1. Bibl.: 15.

Ponomarenko Tеtyana V. – Candidate of Sciences (Economics), Candidate on Doctor Degree, Department of Accounting, Analysis, Audit and Administration of Enterprises, Kryvyi Rіh National University (11 Vitaliia Matusevycha Str., Kryvyi Rіh, Dnіpropetrovsk region, 50027, Ukraine)
Email: dvnz@inbox.ru

Reference to this article:
Ponomarenko, Tеtyana V. (2016) “The Uncompromising Nature of a Stable State of the Enterprise: Reality or Utopia?.” The Problems of Economy 2:110–116.

List of references in article

Ponomarenko, T. V. “Steikkholderskyi kontekst ekonomichnoi stiikosti pidpryiemstva“ [Stakeholder context of economic viability]. Naukovyi visnyk Mizhnarodnoho humanitarnoho universytetu. Seriia «Ekonomika i menedzhment», no. 16 (2016): 83-86.
Udovichenko, M. O. “Ekonomichna stiikist ahrarnykh pidpryiemstv: faktory, vydy, model pobudovy“ [The economic sustainability of agricultural enterprises: factors, types, model construction]. Visnyk Poltavskoi derzhavnoi ahrarnoi akademii, no. 2 (2012): 185-189.
Prokopchuk, O. A. “Zabezpechennia ekonomichnoi stiikosti silskohospodarskykh pidpryiemstv“ [Ensuring the economic viability of farms]. Innovatsiina ekonomika, no. 6 (2013): 288-292.
Kozyk, V. V., Pankiv, V. Yu., and Hryshko, V. A. “Sutnist, vydy ta chynnyky formuvannia ekonomichnoi stiikosti pidpryiemstva“ [The essence, types and factors of economic viability]. Naukovyi visnyk NLTU Ukrainy, no. 23.12 (2013): 219-226.
Buhai, V. Z., and Omelchenko, V. M. “Analiz ta otsinka finansovoi stiikosti pidpryiemstva“ [Analysis and evaluation of enterprise financial stability]. Derzhava ta rehiony, no. 1 (2008): 34-39.
“Treti neftekompaniy SShA grozit bankrotstvo - WSJ“ [A third of US oil companies threatened with bankruptcy - WSJ]. Korrespondent. biz. http://korrespondent.net/business/3613842-trety-neftekompanyi-ssha-hrozyt-bankrotstvo-WSJ
Ponomarenko, T. V. “Typolohizatsiia pidkhodiv do traktuvannia sutnosti katehorii «ekonomichna stiikist pidpryiemstva»“ [Typologization approaches to the interpretation of the essence of the category of "economic stability of the enterprise. ]. Vcheni zapysky, no. 16 (2014): 14-20.
Kavyn, O. M. “Hnoseolohichni zasady zabezpechennia ekonomichnoi stiikosti pidpryiemstva“ [Epistemological principles to ensure economic viability]. Naukovi zapysky (Ukrainska akademiia drukarstva), no. 3 (2012): 81-87.
Ivanchuk, K. O. “Stiikyi ekonomichnyi rozvytok pidpryiemstva: teoretychne obgruntuvannia“ [Sustainable economic development of the enterprise: theoretical justification]. Ekonomika rozvytku, no. 3 (2014): 84-88.
Prigozhin, I. R., and Stengers, I. Poryadok iz khaosa: novyy dialog cheloveka s prirodoy [Order out of chaos: a new dialogue of man with nature]. M. : URSS; Izd-vo LKI, 2008.
Chuprov, S. V. “Razvitiye nauchnykh vozzreniy ob ustoychivosti ekonomicheskikh sistem v istoricheskoy retrospektive“ [The development of scientific views on the sustainability of the economic systems in historical retrospect]. Istoriko-ekonomicheskie issledovaniia vol. 14, no. 1-2 (2013): 15-32.
Safin, F. M. “Ekonomicheskaya ustoychivost kak dominiruyushchaya paradigma razvitiya organizatsiy promyshlennosti“ [Economic sustainability as the dominant paradigm of development of industry organizations]. diss. … d-ra ekon. nauk : 08.00.05, 2009.
Dermanov, V. K. “Ekonomicheskoye razvitiye: problemy teorii“ [Economic development: problems of the theory]. Vestnik Sankt-Peterburgskogo universiteta. Seriya «Menedzhment», no. 2 (2013): 81-97.
Vorobeva, I. P. “Ustoychivost ekonomiki i problemy yee obespecheniya v sovremennoy Rossii“ [The stability of the economy and the problem of its maintenance in modern Russia]. Vestnik Tomskogo gosudarstvennogo universiteta. Ekonomika, no. 1 (17) (2012): 17-25.
Feshchur, R. V., Shyshkovskyi, S. V., and Yavorska, N. R. “Metody otsiniuvannia rozvytku pidpryiemstv u nestiikykh ekonomichnykh umovakh“ [Evaluation methods of enterprises in unstable economic conditions]. Visnyk NU «Lvivska politekhnika». Menedzhment ta pidpryiemnytstvo v Ukraini: etapy stanovlennia i problemy rozvytku, no. 748 (2012): 223-232.

Section: Economics and Enterprise Management
UDC 005.8:338:377:378
Semchuk Z. V.
Instruments of Socio-Economic Development of Enterprise Educational Services under Conditions of an Increased Risk in the System of Ensuring a High Quality of Life (p. 117 - 122)
There have been improved principles of the information technology based on synthesis and analysis of the conceptual model of program-project-targeted approach with regard to quality indicators of education and life, instruments of development of educational services at enterprises under conditions of an increased risk in the system of ensuring a high quality of life as well as the information balance kept by consumers in the process of receiving educational services. A measure of sensitivity of semantic information for improving the quality of educational services taking into account the probability of achieving an appropriate level of specialized knowledge to become a professional after receipt of educational information has been introduced. The information technology is based on: the econometric model to improve the ranking of the educational establishment and quality of the semantic information of educational services received by the consumer (the enterprise employee) at the given education establishment taking into account the factors of efficiency, risk and utility; multi-criteria optimization of semantic information with the purpose of increasing the quality of educational services, in particular of such its aspects as internal structuring, stimulation, coordination of interests, consistent project management.
Keywords: enterprises, educational services, optimization, risks, semantic information, qualimetry, education index, projects
Fig.: 1. Formulae: 9. Bibl.: 17.

Semchuk Zhanna V. – Candidate of Sciences (Economics), Associate Professor, Dean, Faculty of Economics and Business, Lviv University of Business and Law (99 Kulparkіvska Str., Lviv, 79021, Ukraine)
Email: semchuk_zv@ukr.net

Reference to this article:
Semchuk, Zhanna V. (2016) “Instruments of Socio-Economic Development of Enterprise Educational Services under Conditions of an Increased Risk in the System of Ensuring a High Quality of Life.” The Problems of Economy 2:117–122.

List of references in article

Vyshnevska, O. “Neuzhodzhenist rynku osvitnikh posluh i rynku pratsi v konteksti molodizhnoi polityky (zarubizhnyi dosvid dlia Ukrainy)“ [Inconsistency education market and the labor market in the context of youth policy (foreign experience for Ukraine)]. http://nbuv.gov.ua/j-pdf/Patp_2014_2_13.pdf
Protsenko, T. “Formuvannia informatsiinoi kultury korystuvachiv“ [Formation of information culture of users]. Visnyk Knyzhkovoi palaty, no. 1 (2014): 34-38.
Pochtoviuk, A. B. “Instrumentarii ratsionalizatsii diialnosti indyviduuma shchodo realizatsii misii vyshchoi osvity“ [Rationalization of individual tools for the implementation of the mission of higher education]. Visnyk KrNU im. M. Ostrohradskoho. Seriia «Ekonomichni nauky», no. 1 (2014): 115-124.
Tatomyr, I. L. “Marketynhovi ta zaokhochuvalni mekhanizmy pozytsionuvannia zakordonnykh VNZ“ [Marketing and promotional positioning mechanisms foreign universities]. Hlobalni ta natsionalni problemy ekonomiky, no. 4 (2015): 88-124.
Kholod, B. I., and Dashevska, O. V. “Suchasnyi instrumentarii vyboru operatsiinykh stratehii rozvytku VNZ“ [Modern tools of choice of operating policies of the university]. Akademichnyi ohliad, no. 1 (36) (2012): 5-12.
Zabrodska, L. M. “Innovatsiini tekhnolohii formuvannia imidzhu vyshchykh navchalnykh zakladiv: yevropeiskyi aspekt“ [Innovative technologies create the image of higher education institutions: the European dimension]. Naukovyi chasopys Natsionalnoho pedahohichnoho un-tu im. M. P. Drahomanova. Seriia № 5. Pedahohichni nauky: realii ta perspektyvy, no. 42 (2013): 73-81.
Konovalova, S. O. “Instrumenty elektronnoho marketynhu v systemi prosuvannia osvitnikh posluh“ [Email marketing tools to promote the system of education]. Biznes Inform, no. 11 (2014): 342-346.
Vorvynets, B. M. “Prohramno-tsilyovyi pidkhid do rozviazannia problem na rehionalnomu rynku pratsi“ [Target-oriented approach to solving problems on the regional labor market]. http://nbuv.gov.ua/j-pdf/ecfor_2015_1_10.pdf
Kornieiev, V. “Problema formuvannia informatsiinoho komfortu spryimacha v strukturnii pobudovi tvoru“ [Shaping the Information of perceiver comfort in structural construction work]. http://journlib.univ.kiev.ua/index.php?act=article&article=1937
Anyanova, E. V. Teoreticheskiye osnovy informatiki. Kurs «Biznes-informatika» [Theoretical foundations of computer science. The course "Business Informatics"]. Ekaterinburg, 2014.
Miziuk, B. M. “Informatsiina pryroda upravlinnia“ [Information management nature]. Ekonomika ta derzhava, no. 2 (2012): 8-13.
Skrynkovskyi, R. M. “Osvitnyo-fakhovyi potentsial personalu yak faktor vplyvu na investytsiinu pryvablyvist pidpryiemstva“ [Educational and professional staff as a potential factor in the impact on the investment attractiveness of the company]. avtoref. dys. … kand. ekon. nauk : 08.00.07, 2014.
Bytsiura, L., and Boryk, O. “Mekhanizmy uzhodzhennia ta dosiahnennia tsilei pidpryiemstv u strukturi tsilyovykh promyslovo-finansovykh hrup“ [Mechanisms of coordination and achieve the objectives of enterprises in the structure of targeted industrial and financial groups]. Sotsialno-ekonomichni problemy i derzhava, no. 1 (3) (2010): 22-28.
Melnychenko, O. A. “Osvita yak chynnyk pidvyshchennia rivnia dobrobutu naselennia“ [Education as a factor in increasing the level of welfare]. Publichne upravlinnia: teoriia ta praktyka, no. 3 (2011): 149-153.
Volska, O. M. “Shliakhy zabezpechennia zrostannia rivnia yakosti zhyttia naselennia krainy“ [Ways of increase of the quality of life of the population]. Ekonomika budivnytstva i miskoho hospodarstva vol. 7, no. 2 (2011): 73-79.
Barannik, V. O. “Indeks liudskoho potentsialu v systemi staloho rozvytku ta ekonomichnoi bezpeky“ [Human development index system of sustainable development and economic security]. I Mizhnar. nauk. -prakt. internet-konferentsiia. Dnipropetrovsk - Zheshuv, 2013. 16-25.
Yuzevych, V. M., and Kliuvak, O. V. “Ekonomichnyi analiz rivniv efektyvnosti ta yakosti internet-platizhnykh system pidpryiemstva“ [Economic analysis of the efficiency and quality of Internet payment systems company]. Biznes Inform, no. 1 (2015): 160-164.

Section: Economics and Enterprise Management
UDC 65.01
Skrynkovskyy R. M., Kostiuk N. R., Koval N. M., Haleliuk M. M.
Diagnosis of Transport Activity as a Component of the Enterprise Logistical System (p. 123 - 128)
The article reveals the essence of the concept of “diagnosis of the enterprise transport activity”, by which there should be meant a process of evaluating the state of movement (transportation, carrying) of freight (material resources, work in process or finished products) by one type of transport facilities or their combination in accordance with the applied transport system and trends of its changes as well as determining the future prospects on the basis of sound management decisions in order to ensure a successful operation and development of the enterprise in the competitive environment. It has been found that the key business-indicators of the diagnosis system of transport activity as a component of the enterprise logistical system are: the coefficient of timeliness of freight transportation (delivery); coefficient of completeness of transportation; coefficient of freight safety conditions; coefficient of efficiency of freight transportation; coefficient of complexity of servicing freight owners; coefficient of satisfaction of freight owners’ demand, coefficient of readiness to operation of transport facilities per working day; coefficient of using vehicle kilometers travelled; coefficient of extensity of transport facility packing.
Keywords: enterprise, transport activity, logistical system, diagnosis, business-indicators
Fig.: 1. Formulae: 10. Bibl.: 14.

Skrynkovskyy Ruslan M. – Candidate of Sciences (Economics), Associate Professor, Department of Business Economy and Information Technology, Lviv University of Business and Law (99 Kulparkіvska Str., Lviv, 79021, Ukraine)
Email: uan_lviv@ukr.net
Kostiuk Nataliia R. – Student, Faculty of Economics, Lviv University of Business and Law (99 Kulparkіvska Str., Lviv, 79021, Ukraine)
Email: natalyya-kostyuk@ukr.net
Koval Nataliya M. – Student, Lviv University of Business and Law (99 Kulparkіvska Str., Lviv, 79021, Ukraine)
Email: kovaln@ukr.net
Haleliuk Mykola M. – Candidate of Sciences (Economics), Director, Multidisciplinary Medical and Surgical Center (15 Reitarska Str., Kyiv, 01034, Ukraine)
Email: haleliuk_mykola@ukr.net

Reference to this article:
Skrynkovskyy, Ruslan M. et al. (2016) “Diagnosis of Transport Activity as a Component of the Enterprise Logistical System.” The Problems of Economy 2:123–128.

List of references in article

Dudin, Ye. A. “Udoskonalennia transportnoi diialnosti yak skladovoi lohistychnoi systemy pidpryiemstva“ [Improvement of transport logistics system as part of the company]. http://nbuv.gov.ua/j-pdf/Uproz_2014_8_51.pdf
Maliarets, L. M., and Matviienko-Biliaieva, H. L. Formalizatsiia zadach kontrolinhu lohistychnoi diialnosti pidpryiemstva [Formalizing problems controlling the logistics of the company]. Kharkiv: Vyd-vo KhNEU, 2010.
Poliakov, A. P., Tereshchenko, O. P., and Tereshchenko, Ye. O. “Lohistychnyi pidkhid pry postachanni pidpryiemstva syrovynoiu ta transportuvanni produktsii spozhyvacham“ [Logistic approach to enterprise supply raw materials and transportation of products to consumers]. Visnyk mashynobuduvannia ta transportu, no. 1 (2015): 86-95.
Palchyk, I. M. “Lohistychne upravlinnia pidpryiemstvom - teoretyko-metodychnyi aspekt“ [Logistics company management - theoretical and methodological aspect]. http://www.economy.nayka.com.ua
Perebyinis, V. I., and Perebyinis, O. V. Transportno-lohistychni systemy pidpryiemstv: formuvannia ta funktsionuvannia [Transport and logistics companies, the formation and functioning]. Poltava: RVV PUSKU, 2005.
Kalinichenko, L. L. “Lohistychnyi pidkhid do vyboru vydu transportuvannia vantazhiv“ [Logistic approach to choosing the type of transportation]. Ekonomika: realii chasu, no. 2 (18) (2015): 269-274.
Mishchenko, V. A., and Hubska, L. I. “Osoblyvosti stanovlennia transportnoi lohistyky v APK“ [Features of formation of transport logistics in agriculture]. http://nbuv.gov.ua/UJRN/piprp_2012_1_18
Kucheruk, H. Yu. “Mistse transportnykh posluh v lohistychnykh systemakh“ [Place of transport services in logistics systems]. Visnyk ekonomiky transportu i promyslovosti, no. 36 (2011): 66-71.
Skrynkovskyi, R. M. “Diahnostyka lohistychnoi diialnosti pidpryiemstva: teoretyko-metodychni aspekty“ [Diagnosis logistics business: theoretical and methodological aspects]. Molodyi uchenyi vol. 2, no. 3 (18) (2015): 48-51.
Sementsova, O. V. “Metodychni pidkhody do vyznachennia iakosti transportnoho obsluhovuvannia vantazhovidpravnykiv“ [Methodological approaches to determining the quality of transport services to shippers]. Visnyk ekonomiky transportu i promyslovosti, no. 49 (2015): 204-207.
Achkasova, L. M. “Otsinka efektyvnosti protsesu perevezennia vantazhiv“ [Evaluation of the efficiency of freight]. Ekonomika transportnoho kompleksu, no. 24 (2014): 117-124.
Stelmashchuk, A. M. “Otsinka efektyvnosti transportno-lohistychnoho potentsialu silskykh terytorii“ [Evaluating the effectiveness of transport and logistics potential of rural areas]. Stalyi rozvytok ekonomiky, no. 1 (26) (2015): 42-50.
Perebyinis, V. I., and Pomaz, O. M. Transportnyi faktor zabezpechennia konkurentospromozhnosti produktsii [The transport factor of competitiveness of products]. Poltava: RVV PUSKU, 2011.
Shevchuk, Ya. V. “Teoretyko-metodolohichni ta prykladni zasady rozvytku avtotransportnoi infrastruktury Ukrainy“ [Theoretical, methodological and applied principles of the transport infrastructure in Ukraine]. avtoref. dys. ... d-ra ekon. nauk : 08.00.05, 2012.

Section: Economics and Enterprise Management
UDC 658:338.439
Sharko M. V., Alekseiev A. V., Kokina L. A.
The Role of Outsourcing and Engineering in Increasing Competitiveness of Processing Enterprises (p. 129 - 135)
The aim of the article is to substantiate the directions of implementing the functions of control over the processing enterprise competitiveness with using engineering and outsourcing as a new approach to increasing the performance of enterprises operating under conditions of uncertainty and instability of the environment. The study determined that to increase the competitiveness of processing enterprises, their development should occur in two directions: engineering — inside the enterprise and outsourcing — outside it. This allows creating a unified corporate business culture. It is proposed to consider management of processing enterprise competitiveness as engineering problems of regulation of the competitive advantage level. Prospects for further research in this area are the integrated use of tasks of engineering and outsourcing as effective ways to improve the efficiency of processing enterprises, which will lead to the changing of the strategies direction: from costs reduction to creation of value in business operations.
Keywords: management, competitiveness, processing enterprises, engineering, outsourcing, development trends
Fig.: 5. Tabl.: 1. Bibl.: 11.

Sharko Margarita V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economics and Entrepreneurship, Kherson National Technical University (11 Instytutska Str.., Khmelnytskyi, 29016, Ukraine)
Email: mvsharko@gmail.com
Alekseiev Artem V. – Postgraduate Student, Kherson National Technical University (11 Instytutska Str.., Khmelnytskyi, 29016, Ukraine)
Email: shadowan15@yandex.ru
Kokina Liusine A. – Master, Kherson National Technical University (11 Instytutska Str.., Khmelnytskyi, 29016, Ukraine)
Email: lusine180294@qmail.com

Reference to this article:
Sharko, Margarita V., Alekseiev, Artem V., and Kokina, Liusine A. (2016) “The Role of Outsourcing and Engineering in Increasing Competitiveness of Processing Enterprises.” The Problems of Economy 2:129–135.

List of references in article

Lamben, Zh.-Zh. Menedzhment, oriyentirovannyy na rynok [Management, market-oriented]. St. Petersburg: Piter, 2007.
Varnalii, Z. S., and Harmashova, O. P. Konkurentospromozhnist natsionalnoi ekonomiky: problemy ta priorytety [The competitiveness of the national economy: problems and priorities]. Kyiv: Znannia Ukrainy, 2013.
Kirtsner, I. M. Konkurentsiya i predprinimatelstvo [Competition and Entrepreneurship]. Moscow: YuNITI-DANA, 2001.
Fatkhutdinov, R. A. Konkurentosposobnost: ekonomika, strategiya, upravleniye [Competitiveness: economics, strategy, management]. Moscow: INFRA-M, 2000.
“Statystychna informatsiia“ [Statistical information]. Derzhavnyi komitet statystyky Ukrainy. http://www.ukrstat.gov.ua/
Sharko, M. V. “Kommertsializatsiya intellektualnoy sobstvennosti pri transfere tekhnologiy v realnyy sektor ekonomiki“ [Intellectual Property Commercialization at technology transfer to the real economy]. Problemy ekonomiki, no. 1 (2015): 168-173.
Parsiak, V. N. “Autsorsynh marketynhu: prychyny poshyrennia ta kryterii dotsilnosti zastosuvannia“ [Outsourcing marketing, distribution and causes appropriateness of the criteria]. Zbirnyk naukovykh prats NUK, no. 6 (2011): 82-90.
Karpova, T. S. “Rol autsorsinga v povyshenii konkurentosposobnosti malykh predpriyatiy“ [The role of outsourcing in enhancing the competitiveness of small businesses]. Nauchnyy vestnik: finansy, banki, investitsii, no. 3 (2012): 94-96.
Dumnaya, N. N., and Cheremisin, D. V. “Autsorsing kak novaya forma organizatsii biznesa“ [Outsourcing as a new form of business organization]. http://dogendocs.ru/docs/index-128403.htmis3775981
Konyayeva, A. “Autsorsing v Ukraine: vchera, segodnya, zavtra“ [Outsourcing in Ukraine: yesterday, today and tomorrow]. http://www.hrliga.com/index.php?module=professionsop=viewbid-247
Zgurovskiy, M. Z., and Pankratova, N. D. Sistemnyy analiz: problemy, metodologiya, prilozheniya [System analysis: problems, methodology, application]. Kyiv: Naukova dumka, 2005.

Section: Economics and Enterprise Management
UDC 331.107:330.3
Shulgina L. М., Barchik R., Klishinski J.
The Role of Personnel Competencies in the Enterprise Innovative Activity (p. 136 - 140)
The author’s approach to understanding the impact of personnel competencies on the development of the enterprise innovative activity has been described. It has been justified that the controlling and controlled subsystems of human capital should cross pollinate knowledge thereby increasing the basis for the development of innovative activity. It has been proved that the most important part of the total capital of the enterprise is human capital: it is not only an element of intellectual capital but also a factor in the formation of its two other constituents (relationship capital and structural capital); it is the basis for the formation of the structure and volume of physical capital. A particular attention is paid to the need to identify at hiring employees not only their competencies (acquired during life and is characterizing exclusively professional attributes of the employee) but also such elements of human capital as skills, inclinations, health, intellectual efficiency, etc. — making up a whole psychographic portrait of the person and being extremely important for the development of the enterprise innovative activity.
Keywords: competencies, human capital, intellectual capital, innovative activity
Fig.: 1. Tabl.: 1. Bibl.: 8.

Shulgina Liudmyla М. – Doctor of Sciences (Economics), Professor, Professor, Department of Management, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: shulm@ukr.net
Barchik Rishard – Professor, Rector, Academy of Technology and Humanities (2 Willowa Str., Bielsko-Biala, 43309, Poland)
Email: rbarcik@ath.bielsko.pl
Klishinski Janush – Professor, Head of the Department, Department of International Management, Academy of Technology and Humanities (2 Willowa Str., Bielsko-Biala, 43309, Poland)
Email: janusz.klisinski@neostrada.pl

Reference to this article:
Shulgina, Liudmyla М., Barchik, Rishard., and Klishinski, Janush. (2016) “The Role of Personnel Competencies in the Enterprise Innovative Activity.” The Problems of Economy 2:136–140.

List of references in article

Helich, N. “Upravlinnia kompetentsiieiu personalu“ [Management of competence of personnel]. Naukovyi visnyk Volynskoho natsionalnoho universytetu imeni Lesi Ukrainky, no. 12 (2011): 57-60.
Zlenko, A. “Kompetentsii v systemi otsinky personalu“ [Competence in the system of personnel evaluation]. http://ecvu_2013_20(1)__21.pdf
Noskova, N. “Innovatsionnaya deyatelnost predpriyatiya v sfere uslug“ [Innovative activity of enterprises in the service sector]. http://web.snauka.ru/issues/2012/06/15039
Sardak, O. “Rozrobka systemy kompetentsii personalu pidpryiemstva“ [Development of competency of enterprise personnel]. Visnyk Dnipropetrovskoho universytetu. Seriia «Ekonomika», no. 4 (2010): 122-126.
Shulhina, L., Kuznietsova, I., and Suslova, T. Formuvannia marketynhovoi tsinovoi polityky pidpryiemstv servisu [Formation of the marketing price policy of the enterprises of service]. Kyiv; Odesa: MP Lesia, 2016.
Chepurko, G., and Pelipenko, A. “Innovatsionnaya deyatelnost predpriyatiya“ [The innovation enterprise]. http://cyberleninka.ru/article/n/innovatsionnaya-deyatelnost-predpriyatiya-1
Cherniakova, R. “Rozvytok innovatsiinoi diialnosti na pidpryiemstvakh kharchovoi promyslovosti“ [Development of innovative activity at the enterprises of food industry]. Ekonomika kharchovoi promyslovosti vol. 8, no. 1 (2016): 62-65.
Shamanska, O., and Oliinyk, V. “Innovatsiina diialnist pidpryiemstv Ukrainy: problemy syohodennia ta perspektyvy rozvytku“ [Innovative activity of enterprises of Ukraine: problems and prospects]. http://www.economy.nayka.com.ua/?op=1&z=2560

Section: Economic theory
UDC 330.14.01:330.831.2
Miriasov I. О.
Real Capital: Complementarity and Structural Characteristics (p. 141 - 147)
Two opposite approaches to the concept of real capital are considered. The presupposition for studying capital within the neoclassical school, which can be characterized as “empirical realism”, is the homogeneity of capital. This allows to apply formal methods of studying and modeling industrial processes but excludes from consideration the properties and characteristics of capital as a real factor of production. The approach of the Austrian school corresponding to traditions of “critical realism” in the economy focuses on real properties of capital and its role in the process of public production. The aim of this study is to clarify the idea of real capital, its properties, structural characteristics and mechanisms of formation. According to this, the characteristic of two different approaches is given. It is shown that the heterogeneity of capital is the basis of complementarity of capital goods and their combinations in each particular case of their application. The same capital goods have different performance depending on the method of their combination as a result of the production plans of entrepreneurs. Emergent properties of capital are also the result of the combination. Differences in the use and combination of capital determine its overall structure, subsystems of which are natural objects at different levels included in the production, capital goods themselves and their various combinations, social capital. Each of these subsystems is relatively independent and forms a higher level subsystem.
Keywords: real capital, capital goods, Austrian school, complementarity, emergence, capital structure
Tabl.: 2. Bibl.: 21.

Miriasov Iurii О. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economic Theory and Economic Methods of Management, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: miryurij@gmail.com

Reference to this article:
Miriasov, Iurii О. (2016) “Real Capital: Complementarity and Structural Characteristics.” The Problems of Economy 2:141–147.

List of references in article

Bhaskar, R. A Realist Theory of ScienceLondon: Verso, 1997.
Cottrell, A. “Realism, Regularities and Prediction“Review of Social Economy, no. 56 (3) (1998): 347-355.
Lawson, T. “The Nature of Heterodox Economics“Cambridge Journal of Economics, no. 30 (2) (2006): 483-507.
Fleetwood, S. Critical Realism in EconomicsLondon: Psychology Press, 1999.
Ontology and Economics. Tony Lawson and His Critics: Routledge, 2009.
Miryasov, Yu. A. “Kriticheskiy realizm i ontologiya ekonomicheskoy nauki“ [Critical realism and the ontology of economic science]. Naukovyi visnyk Khersonskoho derzhavnoho universytetu. Seriia «Ekonomichni nauky» vol. 3, no. 17 (2016): 12-16.
Mizes, L. Chelovecheskaya deyatelnost: Traktat po ekonomicheskoy teorii [Human action: a Treatise on economic theory]. Chelyabinsk: Sotsium, 2005.
Khayek, F. Individualizm i ekonomicheskiy poryadok [Individualism and economic order]. Chelyabinsk: Sotsium, 2012.
Rotbard, M. Vlast i rynok: gosudarstvo i ekonomika [Power and market: government and the economy]. Chelyabinsk: Sotsium, 2012.
Lachmann, L. M. Capital and Its StructureKansas Sity: Sheed and McMeel, INC., 1978.
Antonovich, Yu. N. “Avstriyskaya teoriya kapitala i kapitalnykh blag“ [The Austrian theory of capital and capital goods]. In Postkrizisnyy mir: globalizatsiya, mnogopolyarnost, modernizatsiya, instituty, Vol. 1, 87-98. Moscow: Vuzovskaya kniga, 2010.
Volchik, V. V. “«Zateriannyy mir» avstriyskoy ekonomicheskoy teorii“ ["The lost world" Austrian economic theory]. Ekonomicheskiy vestnik RGU vol. 5, no. 3 (2007): 101-110.
Zaostrovtsev, A. P. Istoriya i razvitiye: traktovka avstriyskoy ekonomicheskoy shkoly [History and development: interpretation of the Austrian school of Economics]. St. Petersburg: Yevropeyskiy universitet Sankt-Peterburga, 2011.
Harper, D. A., and Endres, A. M. “Capital as a Layer Cake: A Systems Approach to Capital and Its Multi-level Structure“Journal of Economic Behavior & Organization vol. 74, no. 1-2 (2010): 30-41.
Kellakhan, Dzh. Ekonomika dlya obychnykh lyudey. Osnovy Avstriyskoy ekonomicheskoy shkoly [Economics for ordinary people. The foundations of the Austrian school of Economics]. Chelyabinsk: Sotsium, 2006.
Lewin, P. “Time, Change and Complexity: Lachmann's Contributions to the Theory of Capital“Advances in Austrian Economics vol. 3 (1996): 1-42.
Uerta, de Soto Kh. Avstriyskaya ekonomicheskaya shkola: rynok i predprinimatelskoye tvorchestvo [The Austrian school of Economics: the market and entrepreneurial creativity]. Chelyabinsk: Sotsium, 2009.
Clark, J. B. “Capital and Its Earnings“ In Publications of the American Economic AssociationBaltimore: AEA, 1888.
Robinson, J. “The Production Function and the Theory of Capital“Review of Economic Studies vol. 21, no. 2 (1953 - 1954).
Koen, A., and Kharkurt, Dzh. “Sudba diskussii dvukh Kembridzhey o teorii kapitala“ [The fate of the debate, two Cambridge on the theory of capital]. Voprosy ekonomiki, no. 8 (2009): 4-27.
Menger, K. Izbrannyye raboty [Selected works]. Moscow: Territoriya budushchego, 2005.

Section: Finance and banking
UDC 351.72:336.02(477)
Lomeiko Y. A.
The State Financial Control in Ukraine: Directions of Improvement of its Organization and Evaluation (p. 148 - 160)
The aim of the article is to examine the essence of the state financial control, identify directions of its improvement and define effective methods for its evaluation. On the basis of the results of analysis of modern scientific works it is determined that the precondition for building an effective state financial control system is defining its role in public financial relationships. According to the data of the conducted study it was concluded that first of all, the state financial control is an instrument of fiscal policy and, therefore, its direct purpose is ensuring a sustainable socio-economic development of the country, i.e., achieving the goal of the fiscal policy. Besides, there revealed the need to harmonize the components of the fiscal policy and types of the state financial control in order to build an effective institutional structure of public administration. It is proved that the division of the state financial control into internal and external must be conducted in accordance with the fact whether the controlling body and the subject under control belong to the same or different branch of power. Also the results of the study suggest that for Ukraine it is expedient to choose the model of a decentralized internal state financial control instead of the existing mixed one in order to avoid duplication by the State Audit Service of Ukraine bodies of partially the functions of the Audit Chamber, and partially those of internal control departments, which operate in the executive branch. There determined inappropriateness of building a system of state internal financial control on the basis of the principles provided for the bodies of the external state financial control. This situation leads to ungrounded definition of the internal control as an object of internal audit, which is carried out by structural units in budget organizations. It is also important to emphasize the need to evaluate managerial decisions in exercising the audit of the control effectiveness in order to increase the responsibility of officials. Prospects for further research are to improve the methodology for evaluating the state financial control in general to identify those of its components that have a negative impact on its entire system.
Keywords: state financial control, external state financial control, internal state financial control, performance audit, financial audit, instrument of fiscal policy
Fig.: 2. Formulae: 1. Bibl.: 31.

Lomeiko Yuliia A. – Postgraduate Student, Department of Finance, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: yulya797979@ukr.net

Reference to this article:
Lomeiko, Yuliia A. (2016) “The State Financial Control in Ukraine: Directions of Improvement of its Organization and Evaluation.” The Problems of Economy 2:148–160.

List of references in article

“Akademichnyi tlumachnyi slovnyk“ [Academic dictionary of]. http://sum.in.ua/
Boholib, T. M. “Novi pidkhody do orhanizatsii derzhavnoho finansovoho kontroliu v Ukraini“ [New approaches to the organization of state financial control in Ukraine]. Ekonomichnyi visnyk universytetu. http://www.irbis-nbuv.gov.ua/cgi-bin/irbis_nbuv/cgiirbis_64.exe?Z21ID=&I21DBN=UJRN&P21DBN=UJRN&S21STN=1&S21REF=10&S21FMT=njuu_all&C21COM=S&S21CNR=20&S21P01=0&S21P02=0&S21COLORTERMS=0&S21P03=I=&S21STR=%D0%9673720/2013/20(1)
[Legal Act of Ukraine] (2010). http://zakon5.rada.gov.ua/laws/show/2456-17/paran527#n527
Vashchenko, I. V. “Derzhavnyi finansovyi kontrol ta yoho vdoskonalennia v transformatsiinii ekonomitsi Ukrainy“ [State financial control and its improvement in transformational economy of Ukraine]. dys. ... kand. ekon. nauk : 08.04.01, 2004.
Hutsalenko, L. V., Kotsupatryi, M. M., and Derii, V. A. Derzhavnyi finansovyi kontrol [The state financial control]. Kyiv: Tsentr uchbovoi literatury, 2009.
Dmytrenko, H. V. Finansovyi kontrol v Ukraini: problemy ta shliakhy rozvytku [Financial control in Ukraine: problems and ways of development]. Kyiv: K. I. S., 2010.
[Legal Act of Ukraine] (2015). http://zakon3.rada.gov.ua/laws/show/576-19
[Legal Act of Ukraine] (1999). http://zakon3.rada.gov.ua/laws/show/679-14/page
[Legal Act of Ukraine] (1993). http://zakon4.rada.gov.ua/laws/show/2939-12
[Legal Act of Ukraine] (2012). http://zakon5.rada.gov.ua/laws/show/5463-17
Kovalenko, K. V. “Zovnishnii derzhavnyi finansovyi kontrol u pidvyshchenni efektyvnosti biudzhetuvannia Ukrainy“ [External public financial control in improving the effectiveness of budgeting of Ukraine]. avtoref. dys. … kand. ekon. nauk : 08.00.08, 2015.
[Legal Act of Ukraine]. http://zakon4.rada.gov.ua/laws/show/254%D0%BA/96-%D0%B2%D1%80
Korotkyi Oksfordskyi politychnyi slovnyk [The concise Oxford dictionary of]. Kyiv: Vyd-vo Solomii Pavlychko «Osnovy», 2006.
“Limska deklaratsiia kerivnykh pryntsypiv audytu derzhavnykh finansiv“ [The Lima Declaration of guidelines on auditing public Finance]. http://www.ac-rada.gov.ua/control/main/uk/publish/article/140217?cat_id=32836
[Legal Act of Ukraine] (2012). http://minfin.kmu.gov.ua/control/uk/publish/article/main?art_id=351955&cat_id=362118&search_param=%F0%E5%EA%EE%EC%E5%ED%E4%E0%F6%B3%FF&searchPublishing=1
[Legal Act of Ukraine] (2015). http://zakon3.rada.gov.ua/laws/show/z0751-15
Ohon, Ts. H. “Audyt nadkhodzhen platezhiv za korystuvannia nadramy do biudzhetu“ [Audit of receipts of payments for subsoil use in the budget]. Aktualni problemy ekonomiky, no. 11 (173) (2015): 345-352.
[Legal Act of Ukraine] (2010). http://zakon3.rada.gov.ua/laws/show/2755-17/paran7847#n7847
[Legal Act of Ukraine] (2014). http://zakon0.rada.gov.ua/laws/show/442-2014-%D0%BF/paran38#n38
[Legal Act of Ukraine] (2014). http://zakon4.rada.gov.ua/laws/show/236-2014-%D0%BF
[Legal Act of Ukraine] (2016). http://zakon3.rada.gov.ua/laws/show/43-2016-%D0%BF
[Legal Act of Ukraine] (2011). http://zakon5.rada.gov.ua/laws/show/1001-2011-%D0%BF
[Legal Act of Ukraine] (2005). http://zakon4.rada.gov.ua/laws/show/158-2005-%D1%80
Symonenko, V. K., Baranovskyi, O. I., and Petrenko, P. S. Osnovy yedynoi systemy derzhavnoho finansovoho kontroliu v Ukraini (makroekonomichnyi aspekt) [The foundations of a unified system of state financial control in Ukraine (macroeconomic aspect)]. Kyiv: Znannia Ukrainy, 2006.
Stepashin, S. V. et al. Gosudarstvennyy finansovyy kontrol [The state financial control]. St. Petersburg: Piter, 2004.
Stoiko, O. Ya., and Dema, D. I. Finansy [Finance]. Kyiv: Alerta, 2014.
[Legal Act of Ukraine] (2011). http://zakon3.rada.gov.ua/laws/show/466/2011
[Legal Act of Ukraine] (2011). http://zakon3.rada.gov.ua/laws/show/446/2011
[Legal Act of Ukraine] (2011). http://zakon5.rada.gov.ua/laws/show/460/2011
Mnykh, Ye. V. et al. Finansovyi kontrol biudzhetnykh resursiv [Financial control budgetary resources]. Kyiv: KNTEU, 2008.
Shevchuk, O. A. Derzhavnyi finansovyi kontrol [The state financial control]. Kyiv: UBS NBU, 2014.

Section: Finance and banking
UDC 336.13.051
Portna O. V.
The State Policy on Modernization of the Aggregate Financial Potential of Ukraine (p. 161 - 166)
The aim of the article is to give a definition of “modernization of the aggregate financial potential of the country”, substantiate the directions and ways of the state policy on modernization of the aggregate financial potential of Ukraine. On the basis of the analysis, systematization and generalization of approaches to different kinds and types of modernization in the financial and economic sphere and its application to the constituents of the aggregate financial capacity of the country, it has been determined that the essence of the modernization of the country’s aggregate financial potential is in its renewal due to the disclosure of its structure, functions and mechanisms of implementation aimed at ensuring stable development of the national economy. According to the study results there have been proposed government measures to modernize the aggregate financial potential of Ukraine, including a complex system for stabilization of the national economy. The modernization paradigm implies an interconnected role of the system constituents that form the resource environment for ensuring the functioning of the national financial and economic sphere. Directions and ways of the state policy on modernization of the aggregate financial potential of Ukraine have a complex character both as a means of combating the existing financial and economic imbalances and from the standpoint of the requirements and expectations of society and of each economic entity. Prospects for further research in this direction are measures of the state policy on the expanded reproduction of the aggregate financial potential of Ukraine.
Keywords: aggregate financial potential of the country, modernization, state policy
Bibl.: 13.

Portna Oksana V. – Doctor of Sciences (Economics), Professor, Professor, Department of Management and Administration, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: o.v.portna@gmail.com

Reference to this article:
Portna, Oksana V. (2016) “The State Policy on Modernization of the Aggregate Financial Potential of Ukraine.” The Problems of Economy 2:161–166.

List of references in article

Ivanytska, O. M., and Chumakova, I. Yu. “Teoriia novoho derzhavnoho menedzhmentu ta yii zastosuvannia pry modernizatsii derzhavnoho finansovoho kontroliu“ [The theory of new public management and its application in the modernization of state financial control]. Finansy Ukrainy, no. 5 (2011): 68-77.
Kyrylenko, O. P. “Neobkhidnist ta napriamy modernizatsii mistsevykh finansiv Ukrainy“ [The need and directions of modernization of local Finance of Ukraine]. In Modernizatsiia mistsevykh finansiv Ukrainy v umovakh ekonomichnykh i sotsialnykh transformatsii, 7-19. Ternopil: TNEU; Ekonomichna dumka, 2008.
Krupka, M. I., and Demchyshak, N. B. “Otsinka finansovoho potentsialu investytsiinoi diialnosti v ekonomitsi Ukrainy“ [Assessment of the financial potential of investment activity in the economy of Ukraine]. Finansy Ukrainy, no. 11 (2011): 22-32.
Shevchenko, L. S. et al. Bezpeka liudskoho rozvytku: ekonomiko-teoretychnyi analiz [Safety of human development: economic-theoretical analysis]. Kharkiv: Pravo, 2010.
Belokrylova, O. S., and Bochkov, A. A. “Perspektivy postkrizisnoy modernizatsii ekonomiki Rossii“ [Prospects for the post-crisis modernization of the Russian economy]. Ekonomicheskiy vestnik Rostovskogo universiteta vol. 6, no. 4 (2008): 36-44.
Ivanova, N. V. “Metodolohichni aspekty formuvannia peredumov modernizatsii vyrobnychoi infrastruktury“ [Methodological aspects of formation of prerequisites of modernization of production infrastructure]. http://global-national.in.ua/archive/6-2015/
Kindzerskyi, Yu. V. et al. Potentsial natsionalnoi promyslovosti: tsili ta mekhanizmy efektyvnoho rozvytku [The capacity of the national industry: targets and mechanisms for effective development]. Kyiv, 2009.
Vplyv finansovo-kredytnoho mekhanizmu na rozvytok subiektiv hospodariuvannia [The impact of the financial-credit mechanism for the development of business entities]. Kharkiv: KhNU imeni V. N. Karazina, 2007.
Heiets, V. “Vid kvazirynku do rynku ta investytsiinoho zrostannia“ [From quasi-market to investment growth]. Dzerkalo tyzhnia. Ukraina. http://gazeta.dt.ua/macrolevel/vid-kvazirinku-do-rinku-ta-investiciynogo-zrostannya-.html
Derzhavna sluzhba statystyky Ukrainy : ofitsiinyi veb-sait. http://www.ukrstat.gov.ua/
Portna, O. V. “Dokhody naselennia yak skladova finansovoho potentsialu Ukrainy“ [Incomes as a component of financial potential of Ukraine]. Biznes Inform, no. 2 (2013): 251-254.
Portna, O. V. “Pidvyshchennia efektyvnosti realizatsii sukupnoho finansovoho potentsialu Ukrainy“ [The effectiveness of the implementation of the aggregate financial potential of Ukraine]. http://global-national.in.ua/archive/9-2016/
Oparin, V. M. “Modernizatsiia finansovoi infrastruktury yak osnova zabezpechennia stabilnosti natsionalnoi ekonomiky“ [Modernization of the financial infrastructure as a basis for ensuring stability of the national economy]. http://www.economy.nayka.com.ua/?op=1&z=4042

Section: Finance and banking
UDC 339.738
Rohach F. I.
On the World and Regional Currencies (p. 167 - 172)
The problem of pegging currencies of developing countries to the US dollar is that its dynamics determines the economic instability of most of such countries and the world economy as a whole. In this regard there is a need to find alternative variants of the global monetary anchor to ensure the global financial stability. It is proposed to choose an anchor based on the basket of floating national currencies, which will be balanced by counter fluctuations of the basket currencies and be stable with respect to the national currency, as one of the variants. Such basket anchor can potentially perform the function of money and be used as the world and regional currency. The article presents the example of calculating the quotation of national currencies against the baskets based on the data on G-20 and EAEU countries.
Keywords: currency, dollar, basket, anchor
Fig.: 4. Bibl.: 8.

Rohach Fedir I. – Candidate of Sciences (Economics), PJSC “State Savings Bank of Ukraine” (Oschadbank) (12g Hospitalna Str., Kyiv, 01001, Ukraine)
Email: f.rogach@mail.ru

Reference to this article:
Rohach, Fedir I. (2016) “On the World and Regional Currencies.” The Problems of Economy 2:167–172.

List of references in article

FINQUINT. http://www.finquint.info/kak-otritsatelnyie-stavki-i-programmyi-qe-vliyayut-na-valyutyi-i-neft-valyutnyie-voynyi-novyiy-raund/
Mundell, R. F. “A Theory of Optimal Currency Areas“The American Economic Review vol. 51 Sept., no. 4 (1961): 657-659.
Melitz, J. “The theory of optimum currency areas, trade adjustment, and trade“Open Economies Revieu vol. 7, no. 2 (1996): 99-.
Okampo, Kh. A. “Dlya spetsialnykh prav zaimstvovaniya nastal osobyy moment“ [For special drawing rights has come a very special moment]. http://finance.liga.net/economics/2015/11/5/opinion/45650.htm
Khmelevskaya, N. G. “Dialog po zapusku Pula uslovnykh valiutnykh rezervov BRIKS startoval“ [Dialog to launch conventional Pula currency reserves of the BRICS started]. Portal MGIMO. http://www.mgimo.ru/news/experts/document270336.phtml
“Vesti. Ekonomika“ [News. Economy]. http://www.vestifinance.ru/articles/41193
IndexMundi : ofitsialnyy sayt. http://www.indexmundi.com/
Mirovoy Bank : ofitsialnyy sayt. http://data.worldbank.org/indicator/NY.GDP.MKTP.CD?page=3; http://data.worldbank.org/indicator/NY.GDP.PCAP.CD

Section: Social economy, policy and demography
UDC 331.1:331.48
Oganezova G. V.
Social Responsibility of Employers as a Basis for Preservation of Health of the Working Population (p. 173 - 178)
The article proves the need for participation of enterprises in the preservation of health of employees. There revealed causes of the increasing role of employers’ social responsibility in health protection of employees, in particular: peculiarities of the state property privatization in Ukraine; a new concept of protection of public health; employers’ interest in healthy workforce; the healthcare policy in Ukraine with respect to the lack of resources. There formulated the author’s definition of the essence of employers’ social responsibility for preservation of health of employees: social responsibility of employers for the preservation of health of employees is the willingness and ability of the organization to create a system of legal, socio-economic, organizational and technical, sanitary and hygienic, medical and prophylactic measures and means aimed at preservation of life, health and man’s performance capability during the labor activity. The forms of employers’ participation in health promotion have been determined. One of such forms, in the author’s opinion, can be a health service at the workplace. There has been made a conclusion about the need for the institutionalization of social responsibility of employers, i.e., the creation of conditions under which employers would follow certain social standards established both at the national and international level. Preconditions and future directions of the development of employers’ social responsibility in Ukraine have been determined.
Keywords: social responsibility of employers, health of the working population, health service at the workplace
Bibl.: 22.

Oganezova Ganna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Management and Economics in Family Medicine, Kharkiv Medical Academy of Postgraduate Education (58 Korchahіntsіv Str., Kharkiv, 61000, Ukraine)
Email: av.oganezova@gmail.com

Reference to this article:
Oganezova, Ganna V. (2016) “Social Responsibility of Employers as a Basis for Preservation of Health of the Working Population.” The Problems of Economy 2:173–178.

List of references in article

“Okhrana zdorovya rabotayushchego naseleniya“ [The health of the working population]. http://whodc.mednet.ru/ru/component/attachments/download/24.html
MOT : ofitsialnyy sayt. http://www.ilo.org/ilolex/english/
“Zdorovye rabotayushchikh: globalnyy plan deystviy“ [Workers' health: global plan of action]. http://www.who.int/occupational_health/WHO_health_assembly_ru_web.pdf?ua=
Rantanen, J., and Fedotov, I. “Standarty printsipy i podkhody sluzhby gigiyeny truda“ [Standards principles and approaches of the occupational health service]. http://otipb.ucoz.ru/_ld/10/1043_857400245.pdf
Libanova, E. M. et al. Liudskyi rozvytok v Ukraini: sotsialni ta demohrafichni chynnyky modernizatsii natsionalnoi ekonomiky [Human development in Ukraine: social and demographic factors of modernization of national economy]. Kyiv: In-t demohrafii ta sotsialnykh doslidzhen im. M. V. Ptukhy NAN Ukrainy, 2012.
Novikova, O. F. et al. Diahnostyka stanu ta perspektyv rozvytku sotsialnoi vidpovidalnosti v Ukraini (ekspertni otsinky) [Diagnostics of the state and prospects of development of social responsibility in Ukraine (expert rating)]. Donetsk, 2013.
Kolot, A. M. Sotsialna vidpovidalnist [Social responsibility]. Kyiv: KNEU, 2015.
Hrishnova, O. A., Mishchuk, H. Yu., and Oliinyk, O. O. Sotsialna vidpovidalnist u trudovykh vidnosynakh: teoriia, praktyka, rehuliuvannia ryzykiv [Social responsibility in labour relations: theory, practice and risk management]. Rivne: NUVHP, 2014.
Kundiiev, Yu. I. “Dynamika profesiinoi zakhvoriuvanosti v Ukraini ta dosvid instytutu medytsyny pratsi NAMN Ukrainy“ [Dynamics of occupational morbidity in Ukraine and the experience of the Institute of occupational medicine NAMS of Ukraine]. Ukrainskyi zhurnal z problem medytsyny pratsi, no. 4 (37) (2013): 11-22.
“Suchasnyi stan okhorony pratsi v Ukraini“ [The modern state of labor protection in Ukraine]. http://profspilka.kiev.ua/publikacii/novyny/4186-suchasniy-stan-ohoroni-prac-v-ukrayin.html
“Naiavnist i stan osnovnykh zasobiv za vydamy ekonomichnoi diialnosti (KVED-2010) za 2014 rik“ [The availability and condition of fixed assets by kinds of economic activities (KVED-2010) in 2014]. http://ukrstat.org/operativ/operativ2013/ibd/nsoz/nsoz14_u.htm
Brintseva, O. H. “Rozshyrennia mozhlyvostei vidtvorennia trudovoho potentsialu pidpryiemstv Ukrainy v konteksti pryntsypiv hidnoi pratsi“ [The empowerment of reproduction of labour potential of enterprises of Ukraine in the context of the principles of decent work]. Sotsialno-trudovi vidnosyny: teoriia i praktyka, no. 2 (2015): 162-168.
Filoniuk, O. “Polis medychnoho strakhuvannia v Ukraini maiut obrani“ [Health insurance in Ukraine have elected]. Uriadovyi kurier. http://ukurier.gov.ua/uk/articles/polis-medichnogo-strahuvannya-v-ukrayini-mayut-obr/
Smertnist naselennia Ukrainy u trudoaktyvnomu vitsi [The mortality rate of the population of Ukraine aged trueactive]. Kyiv: In-t demohrafii ta sotsialnykh doslidzhen NAN Ukrainy, 2007.
Oganezova, A. V. “Formirovaniye paradigmy zdorovyeorientrovannoy ekonomiki“ [The formation of a paradigm focused on the health of the economy]. Problemy ekonomiki, no. 2 (2015): 93-99.
“Kontseptsiia Natsionalnoi stratehii sotsialnoi vidpovidalnosti biznesu v Ukraini (proekt)“ [The concept of the National strategy of social responsibility of business in Ukraine (draft)]. http://www.uspp.org.ua/media/%20КСВ+_1.doc
Zhalilo, L. I., Martyniuk, O. I., and Naduta, H. M. Konsolidatsiia suspilnykh zakhodiv zi zberezhennia ta pokrashchennia zdorovia ukrainskoho narodu. http://www.nbuv.ua
Figueras, J. et al. “Sistemy zdravookhraneniya, zdorove i blagosostoyanye: otsenka argumentov v polzu investirovaniya v sistemy zdravookhraneniya“ [Health systems, health and wealth: assessing the case for investing in health systems]. http://www.euro.who.int/pubrequest
Nazarova, I. B. Zdorove zanyatogo naseleniya [The health of the employed population]. Moscow: MAKS Press, 2007.
Chubarova, T. V. Sotsialnaya otvetstvennost v rynochnoy ekonomike: rabotnik, biznes, gosudarstvo [Social responsibility in a market economy: worker, business, government]. St. Petersburg: Nestor istoriya, 2011.
Basanets, A. V. “Problema profzakhvoriuvanosti v Ukraini nahaduie aisberh“ [The problem of occupational morbidity in Ukraine resembles an iceberg]. Vashe zdorovia, no. 3-4 (2014): 12-13.
Rantanen, J. “Basic Occupational Health Services - Their Structure, Content and Objectives“SJWEH Suppl, no. 1 (2005): 5-15.

Section: Economic statistics. Accounting and Auditing
UDC 657.37
Marenych T. H.
A Justified Initial Accounting Estimate as an Integral Part of the Enterprise Accounting Policy (p. 179 - 183)
The aim of the article is justification of the need to specify in the order on accounting policies not only the elements of the accounting policy itself but also the initial accounting estimates, which will increase the reliability of financial reporting and the development of proposals on improvement of the given administrative documents of the enterprise. It is noted that in recent years the importance of a high-quality accounting policy has increased significantly not only for users of financial reports but also for achieving the purposes of determining the object of levying the profits tax. There revealed significant differences at reflecting in accounting the consequences of changes in the accounting policy and accounting estimate. There has been generalized the information in the order on the enterprise accounting policy with respect to accounting estimates. It is proposed to provide a separate section in the order, where there should be presented information about the list of accounting estimates taken, about how the company will make changes in the accounting policy, accounting estimate as well as correct errors.
Keywords: accounting policy, accounting estimate, change in the accounting estimate, provisions (standard) of accounting, international financial reporting standards
Bibl.: 19.

Marenych Tetyana H. – Doctor of Sciences (Economics), Professor, Professor, Department of Accounting and Auditing, Kharkiv P. Vasylenko National Technical University of Agriculture (44 Alchevskykh Str., Kharkiv, 61002, Ukraine)
Email: oblikua7@gmail.com

Reference to this article:
Marenych, Tetyana H. (2016) “A Justified Initial Accounting Estimate as an Integral Part of the Enterprise Accounting Policy.” The Problems of Economy 2:179–183.

List of references in article

Ambrosov, V. Ya., and Marenych, T. H. “Oblikova polityka v ahroformuvanniakh“ [The accounting policy in agricultural holdings]. Ekonomika APK, no. 7 (2004): 96-99.
Zhytnyi, P. “Orhanizatsiino-metodolohichni zasady formuvannia oblikovoi polityky pidpryiemstva“ [Organizational and methodological principles of formation of accounting policy]. Bukhhalterskyi oblik i audyt, no. 3 (2006): 3-10.
Oblikova polityka pidpryiemstva [Accounting policy]. Kyiv: Yur-Ahro-Vesta, 2007.
Okhramovych, O. “Teoretychni ta praktychni aspekty formuvannia oblikovoi polityky pidpryiemstv v suchasnykh umovakh hospodariuvannia“ [Theoretical and practical aspects of formation of accounting policies of enterprises in modern conditions of managing]. Aktualni problemy ekonomiky, no. 5 (2013): 190-194.
Polyvana, L., and Hubar, A. “Orhanizatsiia oblikovoi polityky pidpryiemstva“ [Organization of accounting policy]. Bukhhalterskyi oblik i audyt, no. 5 (2015): 45-53.
Suk, P. “Oblikova polityka pidpryiemstva“ [Accounting policy]. Bukhhalteriia v silskomu hospodarstvi, no. 1 (2005): 2-4.
Kushyna, O. “Oblikova polityka - 2016: u novyi rik z novym nakazom?“ [Accounting policies - 2016: in the new year with a new order?]. Bukhhalteriia, no. 1 (1196) (2016): 11-15.
[Legal Act of Ukraine] (2005). http://minfin.kmu.gov.ua/control/uk/publish/article/main?art_id=58984&cat_id=34931&search_param=%E2%B3%E4%F1&searchPublishing=1
[Legal Act of Ukraine] (2013). http://www.profiwins.com.ua/uk/letters-and-orders/treasury/3971-635.html
“Polozhennia (standart) bukhhalterskoho obliku 6 «Vypravlennia pomylok i zminy u finansovykh zvitakh»“ [Regulation (standard) accounting 6 "Correction of errors and changes in financial reports"]. http://zakon4.rada.gov.ua/laws/show/z0392-99
[Legal Act of Ukraine] (1999). http://zakon5.rada.gov.ua/laws/show/996-14
Huzhel, Yu. “Koryhuiemo vartisnyi kryterii, abo chy mozhna vnosyty zminy do oblikovoi polityky“ [Corrected cost criteria, or is it possible to make changes in accounting policies]. Balans-ahro, no. 35 (455) (2015): 24-26.
“Mizhnarodnyi standart bukhhalterskoho obliku 8 «Oblikovi polityky, zminy v oblikovykh otsinkakh ta pomylky»“ [International accounting standard 8 "Accounting policies, changes in accounting estimates and errors"]. http://zakon0.rada.gov.ua/laws/show/929_020
Holov, S. F., and Kostiuchenko, V. M. Bukhhalterskyi oblik za mizhnarodnymy standartamy: pryklady ta komentari [Accounting according to international standards: examples and comments]. Kyiv: Libra, 2001.
Bernstayn, L. A. Analiz finansovoy otchetnosti: teoriya, praktika i interpretatsiya [Financial statement analysis: theory, practice and interpretation]. Moscow: Finansy i statistika, 2002.
Stickney, C. P. Financial Reporting and Statement Analysis: A Strategic Perspective: The Dryden Press, 1996.
Chalyy, I. “Chto otsenivayet uchetnaya otsenka“ [That evaluates the account rating]. Ispravleniye oshibok v bukhgalterskom uchete: sekrety masterstva, no. 12 (2008): 78-83.
Voinarenko, M. P., Ponomaryova, N. A., and Zamazii, O. V. Mizhnarodni standarty finansovoi zvitnosti ta audytu [International financial reporting standards and auditing]. Kyiv: Tsentr uchbovoi literatury, 2010.
“Mizhnarodnyi standart bukhhalterskoho obliku 1 «Podannia finansovoi zvitnosti»“ [International accounting standard 1 "Presentation of financial statements"]. http://zakon2.rada.gov.ua/laws/show/en/929_013/page

Section: Mathematical methods and models in economy
UDC 330.4(045)
Serhiienko O. A., Golofaieva I. P., Tatar M. S.
The Catastrophe Theory as a Conceptual and Methodological Basis for Assessing the Stability of Socio-Economic Systems (p. 184 - 193)
There has been proposed a conceptual approach to studying the instability of main indicators of socio-economic development of Ukraine’s economy aimed at solving problems of assessment, analysis and forecasting the state of territorial systems and providing for the implementation of three major steps: assessment of the dynamics of socio-economic indicators of territorial development and the extent of their relationship, building catastrophe models of dynamics of socio-economic indicators of territorial development, analysis of instability of socio-economic systems. A study of the development dynamics of Ukraine’s economy in terms of the most significant macroeconomic indicators characterizing the state of industrial production, construction, employment, and demographic processes have been carried out. There revealed the instability and non-linearity of their relationship, occurrence of bifurcations and a high probability of catastrophes in the following research areas: dependence of the GDP on the volume of construction works, which makes it possible to determine the presence of the construction crisis in the economy; dependence of the GDP on the level of migration and natural increase in the population of Ukraine, which presents objective information about the demographic crisis in the country. The analytical results obtained can serve a basis for of the concept of regional policy transformation, implementation of investment and strategic programs aimed at stimulating investment of progressive structural changes in the regional and territorial perspective and crisis management.
Keywords: socio-economic system (SES), macroeconomic indicators, catastrophe theory, bifurcation theory, instability, assessment, analysis, forecasting, development trajectory
Fig.: 9. Formulae: 13. Bibl.: 16.

Serhiienko Olena A. – Doctor of Sciences (Economics), Professor, Professor, Department of Entrepreneurship, Trade and Logistics, National Technical University «Kharkiv Polytechnic Institute» (2 Kyrpychova Str., Kharkіv, 61002, Ukraine)
Email: Elena.Sergienko@khpi.edu.ua
Golofaieva Iryna P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: irinaa_g@ukr.net
Tatar Maryna S. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Accounting and Taxation, National Aerospace University «Kharkiv Aviation Institue» named after M. Ye. Zhukovskiy (17 Vadyma Manka Str., Kharkіv, 61070, Ukraine)
Email: marina.sergeevna.tatar@gmail.com

Reference to this article:
Serhiienko, Olena A., Golofaieva, Iryna P., and Tatar, Maryna S. (2016) “The Catastrophe Theory as a Conceptual and Methodological Basis for Assessing the Stability of Socio-Economic Systems.” The Problems of Economy 2:184–193.

List of references in article

Arnold, V. I. Teoriya katastrof [Catastrophe theory]. Moscow: Nauka, 1990.
Alekseyev, Yu. K. Vvedeniye v teoriyu katastrof [Introduction to the theory of catastrophes]. Moscow: MGU, 2000.
Grinyayev, S. N. et al. “Metody prognozirovaniya srokov nastupleniya finansovo-ekonomicheskikh krizisov : analiticheskiy doklad“ [Methods of forecasting the timing of the onset of the financial and economic crises : an analytical report]. www.csef.ru/pdf/917.pdf
Yankovskiy, N. A., Makogon, Yu. V., and Ryabchin, A. M. Innovatsionnyye i klassicheskiye teorii katastrof i ekonomicheskikh krizisov [Innovative and classical theories of catastrophes and economic crises]. Donetsk: DonNU, 2009.
Klebanova, T. S., Sergiyenko, E. A., and Guryanova, L. S. “Modeli prognozirovaniya i analiza krizisnykh yavleniy v ekonomike“ [Forecasting models and analysis of the crisis phenomena in the economy]. In Suchasni problemy prohnozuvannia sotsialno-ekonomichnykh protsesiv: kontseptsii, modeli, prykladni aspekty, 58-73. Berdiansk: Vyd. Tkachuk O. V., 2012.
Klebanova, T. S., Guryanova, L. S., and Sepgiyenko, A. “Modelirovaniye krizisnoy dinamiki pokazateley ekonomiki Ukrainy na osnove teorii katastrof“ [Modeling of crisis dynamics of indicators of economy of Ukraine on the basis of catastrophe theory]. Biznes Infopm, no. 5 (1) (2011): 4-9.
Modeli otsenki neravnomernosti i tsiklicheskoy dinamiki razvitiya territoriy [Models of assessment irregularity and cyclic dynamics of development of territories]. Kharkiv: INZhEK, 2011.
Modelirovaniye sotsialno-ekonomicheskikh sistem: teoriya i praktika [Modeling socio-economic systems: theory and practice]. Kharkiv: FLP Aleksandrova K. M.; ID «INZhEK», 2012.
Natsionalnyi Instytut problem mizhnarodnoi bezpeky. http://www.niisp.gov.ua/
Nedelko, N. S. “Ispolzovaniye teorii katastrof k analizu povedeniya ekonomicheskikh sistem“ [The use of catastrophe theory to the analysis of the behavior of economic systems]. Vestnik MGTU vol. 13, no. 1 (2010): 223-227.
Sergiyenko, O. A., Guryanova, L. S., and Nevezhyn, V. P. “Modelling of Socioeconomic Crises in Early Warning Systems“. Aktualni problemy ekonomiky, no. 8 (158) (2014): 471-479.
Soloviov, V. M., and Hanchuk, A. A. “Ekonofizychni indykatory-peredvisnyky rannoho poperedzhennia kryzovykh yavyshch“ [Econoic indicators-precursors of early warning of crisis phenomena]. Problemy ekonomichnoi kibernetyky. Kharkiv: KhNU im. V. N. Karazina, 2009.134-135.
“Statisticheskaya baza dannykh EEK OON“ [Statistical database UNECE]. http://w3.unece.org/pxweb/?lang=14
Tsvetkov, A. et al. Issledovaniye ekonomicheskikh tsiklov v stranakh postsovetskogo prostranstva [The study of economic cycles in the post-Soviet countries]. Moscow: TsEMI RAN, 2010.
Ministerstvo ekonomiky Ukrainy : ofitsiinyi sait. http://www.me.gov.ua/
Derzhavnyi komitet statystyky Ukrainy : ofitsiinyi sait. http://www.ukrstat.gov.ua/

Section: Mathematical methods and models in economy
UDC 330.33.01
Stryzhychenko K. A.
Cyclicality of Economic Development of Ukraine in the Context of its Political and Legal Transformations (p. 194 - 199)
The cyclicality in the development of the Ukrainian economy during the years of its independence under conditions of its political and legal transformations has been studied. On the basis of the analysis of worldwide research the problem of influence of political transformations on the socio-economic development of the state has been identified. There has been developed a methodological approach to studying the evolutionary development of the Ukrainian economy in the context of its European integration, which comprises three main blocks: Block 1 — studying the development of the legal field of Ukraine; Block 2 — studying the policy of development of Ukraine and orientation of its economic system; Block 3 — analyzing the evolutionary development of the Ukrainian economy and determining its cyclical nature. Within the developed approach there were used wavelet models, spectral analysis — Fourier expansion and Johanson test. The paper puts forward three hypotheses: hypothesis 1 — about the existence of short-term 5-year cycles of evolutionary development of the economy; hypothesis 2 — about the existence of a long-term cycle lasing 25 years and conditioned by political and legal processes in the society; hypothesis 3 — about the existence of cointegration relationships between the evolutionary development of the economy of Ukraine and the EU. On the basis of the modern political transformations the phases of development of the Ukrainian legal environment have been defined and comparison of these phases with the specifics of its economic development has been carried out. The analysis of the economic system of Ukraine and its policy made it possible to determine the vector of development of the Ukrainian economy. The approximating (trend) and detailing (cyclic) components of the economic development of Ukraine were determined with the help of wavelet expansion. Using Fourier analysis for the detailing components allowed to distinguish 5-year cycles in the Ukrainian economy, which proved the first hypothesis.
Keywords: cyclicality, political and legal transformations, evolutionary development, wavelet analysis, spectral analysis
Fig.: 2. Tabl.: 2. Formulae: 7. Bibl.: 11.

Stryzhychenko Kostyantyn A. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Statistics and Economic Forecasting, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: ukf.kendo@gmail.com

Reference to this article:
Stryzhychenko, Kostyantyn A. (2016) “Cyclicality of Economic Development of Ukraine in the Context of its Political and Legal Transformations.” The Problems of Economy 2:194–199.

List of references in article

Shelley, M. C., Bardes, B. A., and Schmidt, S. W. American Government and Politics Today : EssentialsBoston: Wadsworth Political Science, 2015.
Deepak, Lal. The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic PerformanceCambridge, MA: MIT. Press, 1998.
Glasser, B. L. Economic Development and Political Reform: The Impact of External Capital on the Middle EastNorthampton, MA, 2001.
Nooruddin, I. Coalition Politics and Economic Development : Credibility and the Strength of Weak GovermentsCambridge: Cambridge University Press., 2010.
Ghosh, R. N., Gabbay, R., and Siddique, A. Good Governance Issues and Sustainable Development: The Indian Ocean RegionNew Delhi: Atlantic Publishers & Dist, 1999.
[Legal Act of Ukraine]. http://zakon4.rada.gov.ua/laws/show/254к/96-вр
[Legal Act of Ukraine] (1990). http://zakon4.rada.gov.ua/laws/show/55-12
[Legal Act of Ukraine]. http://zakon2.rada.gov.ua/laws/show/810/98
“Voienna doktryna Ukrainy vid 2004 roku“ [The military doctrine of Ukraine in 2004]. http://zakon5.rada.gov.ua/laws/show/648/2004
Crowley, P. M. An intuitive guide to wavelets for economists. Discussion Papers 1Helsinki: Bank of Finland Research, 2005.
Crowley, P. M., and Lee, J. Deconposing the co-movement of the business cycle: a time-frequency analysis of growth cycles in the euro zoneHelsinki: Bank of Finland Research, 2005.