Bohdan Andrushkiv, Yuriy Vovk, Olha Pohajdak

Crisis of relationship in general theory of crisis
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.127-137

JEL:    B10

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Abstract The article deals with the actual problem of crises, their prevention and mitigation of possible negative consequences. Problems of prediction of social contradictions and crisis management relations are investigated. Possible measures for crisis phenomena organized opposition by introducing the Economic Constitution of Ukraine as a mean of regulation of economic activity in the state are viewed.   Key words: Crisis, crisis theory, anti crisis management, relations crisis, Economic Constitution of Ukraine.

Viktoriia Derhachova, Oleksandr Zhurovskyi

Processes of economic globalization in international comparisons
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.138-154

JEL:    F01

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Abstract The paper is concerned with the processes of economic globalization, and paradigms of modern global studies. The most known two methods are analyzed for quantitative and qualitative dimensions of globalization, namely: Swiss Institute of Business Research (KOF) and International Organization of Carnegie Endowment for International Peace (CEIP), and on this basis the method is offered for making the quantitative analysis of globalization level throughout the world countries (QGAM). The essence of the method consists in establishing high quality interconnections between different indicators of social, economic, and political dimensions of globalization, and the indicators of global economic development, also of qualitative and quantitative analysis of globalization with account of the effects of crisis phenomena produced on these processes. Three groups of outcome indicators which define the difference between the countries in the context of globalization. are distinguished Comparison study is made of globalization level in different world countries.   Key words: Globalization, globalization index, indicator, method of quantitative globalization level in the world countries (QGAM), economic dimension of globalization, social dimension of globalization, political dimension of globalization, factor analysis.

Antje Koenig, Aliaksandr Martynau

The global financial crisis: a psychological dimension
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.155-174

JEL:    G10

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Abstract Individual and psychological reactions on global financial crisis were reviewed. On the basis of qualitative interviews authors examine reactions on crisis of representatives of social, economic, and political sphere and also their attitude towards crisis. The main conclusions of the authors are that there is two main emotions connected with world crisis are distrust and solicitude. However, these emotions are no so common among people who don’t work work-hand, for example representatives of creative professions, also management in comparison with work-hand workers.   Key words: World financial crisis, solicitude, psychological reaction, trust.

Halyna Zaiachkovska

Means of marketing communications for making the image of Ukraine in the world tourist market
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.175-181

JEL:    M31, L83	Full text (PDF)
Abstract The image of Ukraine in the world tourist market is studied, and the instruments of communication policy are determined for its improvement.   Key words: Image, tourist image of Ukraine, marketing communications, advertisement, tourist exhibitions, PR – activity.

Iryna Biletska

Business tourism in the context of international tourism development
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.182-191

JEL:    L83

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Abstract The current tendencies in the development of international tourism are studied and the impact of global economic crisis on tourist activities in a frame of separate tourist regions of the world is analysed. The particular issues associated with the development of business tourism that has become one of the most promising trends in the structure of international tourism are examined.   Key words: International tourism, business tourism.

Nadiya Stetsiuk

Modern trends in the enterprise's human resources management
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.192-199

JEL:    J24	Full text (PDF)
Abstract The problems of human resources (HR) management are analyzed. It is especially actual in conditions of competitive enterprise. The examples of individual objectives of employees and priorities of human resources management at the level of enterprise are shown.   Key words: Human resources, potential of enterprise, motivation, recruitment, personnel.

Olha Zyhrii

Organizational basics of the agrarian marketing development appliang the international practice
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.200-209

JEL:    N0

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Abstract The common ground of the history of economics and economical ethnography (economical anthropology) is considered and one determined that diachronic connection between «primitive» economies of ancient people and modern non-market economic systems can be made as via description of consumers in context of households as by description of peasant communities.   Key words: Economical ethnography, diachronic connection, collective farms, redistribution and exchange.

Dimitros Serenis, Paul Serenis

Exchange rate volatility and sectoral exports: empirical evidence from twelve E.U. member countries (1973-2004)
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.210-219

JEL:    F10, E00

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Abstract This paper examines potential effect of exchange rate volatility for a set of twelve E.U. member countries (Austria, Denmark, Finland, France, Greece, Ireland, Italy, The Netherlands, Spain, Sweden, Portugal and The U.K.) for sectoral exports of agricultural products during the period of 1973-2004. After critically reviewing the empirical literature we are able to conclude that empirical researchers often examine the hypothesis that exchange rate volatility is a major source of risk. As a result it is often claimed by some researchers that exchange rate volatility causes individual producers to switch their production from foreign to domestic markets where there is less risk. This switch will therefore cause a reduction in the overall level of trade. The review of the literature has identified mixed results with regard to the effects of exchange rate volatility and its potential effects on the level of trade. Therefore the ranges of expected relationships are: a negative relation ship, a positive relationship, an indeterminate or no relationship between exchange rate volatility and the level of exports. We therefore examine the effects of exchange rate volatility by utilizing a measure of the standard deviation of the moving average of the logarithm of real exchange rate as a measure of exchange rate volatility and by adopting a conceptual framework of the imperfect substitution reduced form export quantity model similar to that of Arize. Overall our results have proved to be consistent with our past examinations which for the main part did not estimate any overall significant sectoral effects from volatility to exports with a few notable exceptions. Out of the fourteen sample countries examined in this study for only two the exchange rate volatility coefficient proved to be significant leaving the remaining countries with an insignificant relationship.   Key words: Exports, E.U., Exchange Rate Volatility.

Roland Eisen

Three heroes of labour market research — Peter A. Diamond, Dale T. Mortensen and Christopher A. Pissarides obtained the Nobel Prize in Economic Sciences for 2010
Journal of European Economy, Volume 10, Issue 2, June 2011, pp.220-227

JEL:    Y9	Full text (PDF)
Abstract No abstract available for this article