Serhiy Yuriy, Yevhen Savelyev
H-Hour: extreme economic reforms in Ukraine at surmounting the crisis
Journal of European Economy, Volume 7, Issue 4, December 2008, pp.369-384
JEL: E66 |
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The main dominant thing of present economic crisis in Ukraine is mistakes of state and corporative management of long-term strategic nature. Crisis is enhanced by world financial crisis and became of dangerous nature generally for national safety. This cannot be removed only by fragmentary changes. Conducting of radical economic reforms with probably not popular measures are necessary for surmounting the crisis. Any economic crisis (especially the present one) destroys not only economic status quo. Under its conditions arises new economic conjuncture and interest to new directions of investments is forming. Due to all these anti-crisis measures should be based on forecasting of such tendencies. Specialties of crisis surmounting of Ukrainian industry are of finding resources and mechanisms of changes of structure of industrial production with orientation on decrease of amount and part of energy consumption, mostly of raw material branch and reduce its production to the level which gives possibility of avoiding of crucial state dependence from external sources of supply of energy. Ukraine should take an active position in solving of problems of new financial order and forming of new financial civilization on the basis of philosophy of trust.
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Yuriy Tadeyev
On main trajectory of non-linear model of input-output ecological economic balance existance
Journal of European Economy, Volume 7, Issue 4, December 2008, pp.385-393
JEL: Q57 | Full text (PDF) |
Non linear expansion of classic dynamic model ( -model) on ecological economic system case is proposed. It is outlined in the issue that main trajectory of sustainable development of such kind system exists when non linear model functions are non negative steadily increasing linear homogeneous ones.
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Iryna Holyash, Nataliya Halushka
The problems of economic security enhancement of an enterprise in the conditions of exacerbation of global economic crisis
Journal of European Economy, Volume 7, Issue 4, December 2008, pp. 394-405
JEL: M21 | Full text (PDF) |
In the conditions of market economy described with substantial factor fluctuation of external and internal environment of functioning of an enterprise, with threats to its financial and economic interests on the side of certain business entities, and with high risk rates, the enhancement of economic security of an enterprise is one of the most urgent lines of the management system.
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Mykhailo Shvaika
Global financial crisis: reasons for its origin and ways for surmounting
Journal of European Economy, Volume 7, Issue 4, December 2008, pp.406-417
JEL: F01, G15 |
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The paper studies the reasons of the global financial crisis origin, and analyzes the losses the world economy suffers. To surmount the crisis the author suggests that the International Central Bank should be established, and the world international currency as a reserved currency should be introduced replacing dollars. The emission earnings are proposed to be divided among all members of the agreement on introduction of the international reserve currency.
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Alla Cherep, Denys Nosenko
Ukrainian money and credit policy in a condition of financial crisis
Journal of European Economy, Volume 7, Issue 4, December 2008, pp.418-425
JEL: E50, F33 | Full text (PDF) |
In the given article theoretical aspects and general characteristics of money and credit (monetary) policy are described, basic internal and external causes of financial crisis in Ukraine are established, possible measures of monetary policy that are necessary for stabilizing the financial market condition are defined and systematized.
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Martin Falk, Ina Matt
Inward and outward foreign direct investment: the case of the EU
Journal of European Economy, Volume 7, Issue 4, December 2008, pp.426-449
JEL: F21 | Full text (PDF) |
This study documents the sectoral pattern of inward and outward FDI in the EU. The empirical findings show that intra EU15 FDI stocks (inward and/or outward) grew faster than Extra EU15 stocks in all industries except transport equipment from 1995-2005 indicating that FDI has become a key element of the EU integration process. EU-Industries also differ greatly in their degree of internalisation measured as the FDI inward and outward stock. Financial services, mining and quarrying, chemicals and transport equipment have the highest stock of FDI as a percentage of value added. However, FDI stocks tend to overestimate the degree of internalisation of production since FDI is much less employment intensive in financial intermediation. Foreign affiliate data for the EU15 suggest that a significant proportion of domestic production is now accounted for by foreign owned firms, in particular in transport equipment, chemicals, and electronics. Furthermore, the ranking of FDI intensity across industries in the EU15 is rather similar in the US and in the new EU member states. Regression results suggest that industry effects are much more important than host and home country effects in determining the ratio of FDI stock as a percentage of value added across industries at the cross-section level.
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Svitlana Savytska
Transformation of economic system in Poland
Journal of European Economy, Volume 7, Issue 4, December 2008, pp.450-455
JEL: O16, O52 | Full text (PDF) |
The paper studies peculiarities of market transformation in Poland. The stages of transition period are highlighted. The regularities are accentuated; likewise methods and technique for implementation of Polish practice, as well as positive and negative consequences of the chosen strategy are analyzed.
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Vitalina Kuryliak
Modern textbook in international economics
Journal of European Economy, Volume 7, Issue 4, December 2008, pp.456-458
JEL: NA | Full text (PDF) |
No abstract available for this article |