Modeling of state socio-economic systems in the countries of the European region
-
Author(s)Maryna HrysenkoLink to ORCID Index: https://orcid.org/0000-0002-0816-4734
,
Olena PryiatelchukLink to ORCID Index: https://orcid.org/0000-0002-5222-452X
,
Liudmila ShvorakLink to ORCID Index: https://orcid.org/0000-0003-1728-601X
-
DOIhttp://dx.doi.org/10.21511/ppm.17(3).2019.36
-
Article InfoVolume 17 2019, Issue #3, pp. 452-463
- Cited by
- 981 Views
-
146 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
Recent global economic and social challenges confirm the existence of a number of systemic problems in socio-economic relations. Thus, the spread of the concept of sustainable development, which combines social, environmental and economic aspects, became a characteristic feature of the global development trend in recent decades. Highly developed world countries are currently implementing the principles of social economy (a special state management model for socio-economic development) in their policies with the aim to overcome abovementioned challenges and to reach the millennium development goals. The implementation of these principles, realized by the state management in these countries during the last decades, enables us to evaluate the available results and highlight the characteristics of individual national business models of social economy. The study of the most important social and economic global indicators by means of modeling, clustering and regression analysis made it possible not only to emphasize the most important indicators characterizing socio-economic development, but also, taking into account the establishment of interrelationships between social and economic parameters, to single out separate groups of countries (exclusively the European region has been selected for the research) united by common principles and methods of social and economic policy and its implementation outcomes. The obtained results allow us to predict further trends of socio-economic development of separate groups of countries taking into account the available material and technical resources, the situation on the labor market and the level of competitiveness of national labor resources, the features of the functioning of the monetary and tax systems, etc. Given the results of clustering, it was possible to identify both specific models for socio-economic development specific to certain groups and their inherent tendencies of functioning. Besides, a set of specific methods and mechanisms of government control which are common and the best suitable for these systems is determined.
- Keywords
-
JEL Classification (Paper profile tab)A14, С31, D6
-
References30
-
Tables1
-
Figures1
-
- Figure 1. Dendrogram for 31 countries (Ward’s method)
-
- Table 1. The modeling results
-
- Avila, R., & Monzon, J. (2018). Best practices in public in public policies regarding the European Social Economy post the economic crisis.
- Challenging the Crisis. (2017). A Guide to Social and Solidarity Economy.
- CIRIEC Report. (2016). The promotion of the social economy as a key driver of economic and social development in Europe: Council Conclusion (10 p.).
- Credit Suisse. (2018) The world and its wealth. The Global Wealth Report.
- Dion, M., & Birchfield, V. (2010). Economic development, income inequality, and preferences for redistribution. International Studies Quarterly, 54(2), 315-344.
- Dumitru, R-A-M. (2013). Social economy – A solution to the labor market inclusion. The yearbook of the “GH.ZANE” Institute of Economic Research, 21(1), 53-60.
- European Economic and Social Committee. (2017). Recent evolutions of the Social Economy in the European Union.
- Filipenko, A. (2017). A Social and Solidarity Economy: The Ukrainian choice (1st ed.) (230 p.).
- Galchinsky, A. (2013). Політична нооекономіка начала оновленої парадигми економічних знань [Politychna nooekonomika nachala onovlenoi paradyhmy ekonomichnykh znan]. Kyiv: Lybid.
- Gagyi, A. (2018). Solidarity Beyond the Headlines – Social Economies in Central and Eastern Europe.
- Global Vision. (2015). Global Vision for a Social Solidarity Economy: Convergences and Differences in Concepts, Definitions and Frameworks.
- Hjerm, M., & Schnabel, A. (2012). How much heterogeneity can the welfare state endure? The influence of heterogeneity on attitudes to the welfare state. Nations and Nationalism, 18(2), 346-369.
- Hrysenko, M., & Shvorak, L. (2016). Економіко-математичне моделювання світогосподарських процесів. Частина 1. Теоретичні основи [Economiko-matematychne modeliuvania svitogospodarskykh protsesiv. Chastyna 1. Teoretychni osnovy]. Vydavnycho-polihrafichnyi tsentr “Kyivskyi Universytet”.
- International Monetary Fund. (2018, July). World Economic Outlook Database.
- Leng, B., Jin, Y., Li, G., Chen, L., & Jin, N. (2015). Socioeconomic status and hypertension: a meta-analysis. Journal of Hypertension, 33(2), 221-229.
- Menshikov, V., Volkova, O., Stukalo, N., & Simakhova, A. (2017). Social economy as a tool to ensure national security. Journal of Security and Sustainability Issues, 7(2), 211-231.
- Miller, E. (2010). Solidarity Economy: key concepts and issues. Amherst, MA: Center for Popular Economics.
- Pillarisetti, J., & Lakkireddy, D. (2014). Atrial fibrillation in Europe: state of the state in disease management! European Heart Journal, 35(47), 3326-3327.
- Quiroz-Niño, C., & Murga-Menoyo, M. (2017). Social and Solidarity Economy, Sustainable Development Goals, and Community Development: The Mission of Adult Education & Training.
- Raven, J., Achterberg, P., Veen, R., & Yerkes, M. (2011). An institutional embeddedness of welfare opinions? The link between public opinion and social policy in the Netherlands. Journal of Social Policy, 40(2), 369-386.
- Read, S., Grundy, E., & Foverskov, E. (2016). Socio-economic position and subjective health and well-being among older people in Europe: a systematic narrative review. Aging and Mental Health, 20(5), 529-542.
- Ridley-Duff, R., & Buff, M. (2016). Rendering the social solidarity economy: exploring the case for a paradigm shift in the visibility of co-operative and mutual enterprises in business education and policy-making.
- Ridley-Duff, R., & Buff, M. (2018). The Coming Age of Social Solidarity Economy.
- Schwendicke, F., Dörfer, C. E., & Schlattmann, P. (2015). Socioeconomic Inequality and Caries: A Systematic Review and Meta-Analysis. Journal of Dental Research, 94(1), 10-18.
- Social Progress Imperative. (2018). Social Progress Index.
- Stjernø, S. (2005). Solidarity in Europe: The History of an Idea (86 p.). Cambridge: Cambridge University Press.
- Stukalo, N., & Shimakhova A. (2018). Global Parameters of Social Economy Clustering. Problems and Perspectives in Management, 16(1), 36-47.
- SUSY. (2019). Map (Social and Solidarity Economy Initiatives all over Europe).
- The World Bank. (2019a). Foreign direct investment, net inflows (% of GDP).
- The World Bank. (2019b). Gross domestic product (in USD).
-
Industrial development in Saudi Arabia: disparity in growth and development
Anis Ali
doi: http://dx.doi.org/10.21511/ppm.18(2).2020.03
Problems and Perspectives in Management Volume 18, 2020 Issue #2 pp. 23-35 Views: 3099 Downloads: 1044 TO CITE АНОТАЦІЯIndustrial development in any nation plays a vital role in the strengthening of the economy and employs human resources as per specifications and directly towards the mainstream of the nation. In Saudi Arabia, there was rapid industrialization for four decades. Some manufacturing industries performed well, while some internal and external business environment factors influenced the others’ performance. The study focuses on historical development, as well as recent trends of well-performing and poor-performing industries of Saudi Arabia. Small manufacturing industries in Saudi Arabia are underdeveloped and need more attention to attain sustainable and progressive growth rate in the form of the number of establishments to enjoy the potential. Manufacture of tobacco, computer, electronics and optics, pharmaceuticals and transport equipment are the deprived and underdeveloped industries of the manufacturing sector. There should be some easy credit schemes for the development of deprived or underdeveloped manufacturing industries. To attain sustainable growth and development of the manufacturing sector, a positive attitude of the government towards underdeveloped manufacturing industries, favorable labor laws, and entrepreneurial awareness, technical and financial assistance are necessary. The growth and development of the manufacturing sector of Saudi Arabia will be helpful in the attainment of goals of Vision 2030.
-
Travel and tourism: growth potentials and contribution to the GDP of Saudi Arabia
Anis Ali
doi: http://dx.doi.org/10.21511/ppm.16(1).2018.39
Problems and Perspectives in Management Volume 16, 2018 Issue #1 pp. 417-427 Views: 2368 Downloads: 403 TO CITE АНОТАЦІЯSaudi Arabia is well known in the world for the holy places Makkah and Madinah. Hajjis and visitors come to perform hajj and Umrah every year in Makkah and Madinah from all around the world. Hajj and Umrah visits play a vital role in the inbound tourism of Saudi Arabia. The tourism revenue of Kingdom of Saudi Arabia is increasing absolutely but losing its contribution to the GDP proportionately. So, this paper tries to find out the economic activities of all components of tourism sector which are responsible for the negative trend. It also explains the relationships and variability of tourism revenues and expenditures with GDP and offers suggestions to enhance revenue of tourism sector. This study is based upon secondary data obtained from the website of SAMA (Saudi Arabian Monetary Authority) and General Authority for Statistics of Saudi Arabia. In tourism sector of Saudi Arabia, the increasing trend of expenditures of some economic activities is more than its revenue. The increasing trend of expenditures comparatively its revenues lowering contribution of tourism towards GDP. To improve the level of tourism revenue, government has to provide world class facilities and develop new tourist spots and allow the visitors to visit such places according to the Shariah and Kingdom rules. Government has to focus on developing passenger rail transport and other means of transport to connect all the tourist spots to provide easy conveyance, and on improving and developing tourism sector by helping the government and private organizations that are engaged directly or indirectly in providing services to the domestic and inbound tourists to assure more contribution to GDP.
-
Modern technologies of detection and prevention of corruption in emerging information society
Problems and Perspectives in Management Volume 16, 2018 Issue #1 pp. 58-67 Views: 2002 Downloads: 424 TO CITE АНОТАЦІЯWith the development of the information society, there has been rapidly growing number of international research on the role of various (information, innovation, intelligent) technologies as a catalyst to fight corruption. As you know, the problems posed by corruption are economic, social and political consequences. In recent years economists and various researchers have shown increasing interest in studying the phenomenon of corruption. Many researchers in the field of studying corruption phenomenon are of theoretical nature, which studied different behaviors without having developed effective methods and technologies to identify and prevent corruption in the various spheres of government. In this regard, there is a need to study the world experience of application of technologies in the prevention of corruption and anti-corruption platform in Ukraine. This will allow to adapt them to positive experience in the implementation of mechanisms to identify and prevent corruption in Ukraine. The authors believe that to obtain a more accurate picture of the corruption situations that provide characteristics and its quantitative description is possible only by means of modelling the corruption phenomenon. In this regard, the analysis of theoretical models of corruption was made: the modelling made by the mathematical notation of the models and conclusions on the effectiveness of their application in management. Using simulation, the authors came to the conclusion that the detection and prevention of corruption should be carried out with the use of technologies and the system approach: from the study of statistics and use of anti-corruption platforms, public registers and databases to logical and probabilistic (LP) risk models of corruption.
