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Abstract - Impact of Foreign Investment on Economic Growth in OECD’s Members: A Panel Data Model, 1977-2017
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Abstract: Motivation: This paper is aimed at analyzing the impact of foreign investment (FI) on economic growth (EG) in Australia, Canada, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Japan, Republic of Korea, Mexico, Netherlands, Norway, New Zealand, and USA. Keywords: Economic growth, foreign investment, Granger causality, panel data. |
Abstract - Improving Efficiency of Asset Management in the Context of Ensuring Competitiveness of Mechanical Engineering Enterprises in Developing Countries
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Abstract: The research paper deals with the formation of new scientific solutions regarding increasing the efficiency of asset management in the context of ensuring the competitiveness of mechanical engineering enterprises in developing countries. The study noted the disparity in the development of economically developed and developing countries. It is revealed that one of the main aspects of such disparity is the competitiveness of both the economies of the countries as a whole, and of individual industries and enterprises. At the same time, the importance of ensuring the competitiveness of mechanical engineering enterprises in developing countries was noted, taking into account their potential and opportunities for stimulating GDP and employment growth in these countries. The relationship between the competitiveness of mechanical engineering enterprises and their asset management is established. The main problems of asset management at the mechanical engineering enterprises in the developing countries are localized, and the ways of their elimination are proposed taking into account the division of enterprises into those operating as part of the transnational and foreign corporations, large enterprises with national capital, medium and small enterprises with national capital. A considerable range of problems regarding the asset management in small and medium enterprises was noted. Directions of further scientific researchers are suggested. Keywords: Competitiveness, Developing countries, Mechanical engineering, Enterprise, Asset management. |
Abstract - Management of Reputation Risks at the Agricultural Enterprises of Eastern Europe as a Component of Increasing Their Competitiveness
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Abstract: We note a significant role of the agricultural sector in the development of economic systems in a significant number of post-Soviet countries of Eastern Europe. However, Eastern European agricultural enterprises have significant problems in ensuring and managing their competitiveness, where reputation and the risks associated with it are of key importance. Novelty. The scientific novelty of the research paper is the developed algorithm of reputation risk management, which is based on the author’s methodology of their evaluation and takes into account the peculiarities of such management in agricultural enterprises from the post-Soviet countries of Eastern Europe. To achieve the goal and test the hypotheses put forward in the research paper, a set of general, specific and technical methods were used at the empirical and theoretical levels, such as: abstraction method; expert method; methods of analysis and synthesis; comparison; deduction; induction; methods of systematization, grouping and logical generalization. The research methodology is based on systemic and functional, historical and systemic approaches in identifying and resolving the range of problems of reputation risk management within the framework of improving the competitiveness management of agro-industrial enterprises from the post-Soviet countries of Eastern Europe. For the purpose of the study, data were collected and an empirical analysis was conducted concerning the eleven Eastern European countries that were part of the Soviet Union for 1991-2018 regarding analysis of the dynamics of agricultural production and its share in GDP according to statistics taken from the KNOEMA databases. Policy considerations: the agricultural sector of the economy plays an increasing role in the economic systems of some post-Soviet countries of Eastern Europe, serving as the basis for their sustainable development; agricultural producers from the post-Soviet space of Eastern Europe have problems with ensuring competitiveness in national, international and world markets; reputation risk plays a significant role in ensuring and improving the competitiveness management of agricultural enterprises from post-Soviet countries of Eastern Europe; the formation of an effective reputation risk management algorithm is a key element in ensuring and improving the competitiveness management of Eastern European agricultural producers. Keywords: Agricultural enterprises, Reputation risk assessment, Reputation, Competitiveness management, Reputation risk management. |
Editorial: Retailing from Consumers’ Perspective
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