Marcin Feltynowski

ICT clusters diagnosis in Poland
Journal of European Economy, Volume 11, Issue 4, December 2012, pp. 403-415.

JEL: F00, O31

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Abstract Innovations in the scope of information-communication technologies allow for a faster development of regional centres. One of the ways for supporting this kind of development are clusters. The significance of ICT technology is highlighted in strategic documents at the European Union level as well as at the national economic level. ICT technology development is considered to be a means for faster resolution of the economic crisis effects. The aim of this article is identification of ICT clusters in Poland, which are a form of cooperation in the scope of ICT technology development and which stimulate the regional economic growth in the scope of information society. The article will also allow for estimating the development of these clusters and presenting their structure. The gathered material will enable further research in the following years.   Key words: ICT clusters, innovation, e-commerce, information society.

Mykhaylo Ornat

Modern economic models of reforming the national economy of China
Journal of European Economy, Volume 11, Issue 4, December 2012, pp. 416-424.

JEL: E20, O1

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Abstract China has the world's fastest-growing major economy but it has been a rocky road from socialism to consumerism. China provides us with a unique opportunity to explore the causal relationships among economic, institutional, political, and social forces and the model of reforming in an important transforming economy. In China’s economic transition important structural changes are occurring at the state and firm levels, and these changes have radical implications for the structure of economic and social life in China. Gradualism and stability were the foundations of the Chinese economic reform and continue to be so for the present leadership of the country. For the Chinese leaders economic reform has priority over political reform. They acknowledge that it would be impossible to accomplish anything in an environment of political unrest. The premature introduction of markets where there was neither a culture nor the institutions for dealing with them can have catastrophic effects. And from the results obtained, we can consider the Chinese as one of the most outstanding social transformations in human history, all this within a long period of stable and peaceful social environment, except for the Tinanmen Square demonstrations in June, 1989.   Key words: Economic reforms, model, social transformation, market economy, foreign direct investments, transition to market economy.

Eleni F. Katsouli, Nikos Kapoulas

Convergence across the PIIGS member-states of the Euro-zone
Journal of European Economy, Volume 11, Issue 4, December 2012, pp. 425-436.

JEL: O40, O47

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Abstract This paper investigates unconditional and conditional convergence of GDP growth rate, labour productivity growth rate, unemployment rate, prices inflation rate, wages inflation rate, budget deficit, and government gross debt across the Euro-zone member-states of Portugal, Ireland, Italy, Greece, and Spain over the last thirty years. The findings showed that the speed of convergence varies depending on the period of reference (pre-Maastricht Treaty decade, after-Maastricht Treaty decade, and after the initiation of the Euro-zone decade). Budget deficit and general government gross debt showed some convergence in the pre-Maastricht Treaty decade only.   Key words: Convergence, Unconditional, Conditional, Euro-zone.

Valeriy Heyets

Modernization In The System «Society – State – Economy»
Journal of European Economy, Vol. 13, Number 3, September 2014, p 221-327

JEL:    F15, F13

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Abstract All common and contradictory in society, state and economy on the way to modernization transformation is analyzed; concerning all mentioned above, the role of personal-human factor in its transformation is defined. The influence of globalization on county development in cooperation with world and national is revealed. The role of state in unity of society and personality, its capacity to organize and implement the process of recourses usage and knowledge accumulation in combination of moral and mind, what can’t be avoid without effective state and public control over processes of modernization is grounded. The public mood towards some constituents of social system of Ukraine is analyzed.   Key words: Modernization transformation, national states, postmodern model, public conciseness, knowledge, mind, moral, human capital, social state, degree of state presence, state and public control.

Sviatoslav Zhukov

Empirical analysis of Eurointegration activity of enterprises in Zakarpattia region
Journal of European Economy, Volume 11, Issue 3, September 2012, pp. 267-285.

JEL:     F50

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Abstract Empirical research of Zakarpattia enterprises as the main entities of the economic component of integration processes in particular towards European Union is examined. The main factors of influence on the efforts of enterprises to enter EU and provide the further cooperation towards Eurointegration are considered. The scheme of regional approaches to Eurointegration of the entrepreneurial structures of Zakarpattia are formed.   Key words: European Union, Eurointegration, international entrepreneurship, internationalcooperation, advantages and risks of Eurointegration.

Elisavet Antoniadou

Greek olive oil exports and the role of marketing
Journal of European Economy, Volume 11, Issue 2, June 2012, pp. 171-183.

JEL:     F18, L1

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Abstract Exports represent a momentous issue which is a benchmark of the Greek economy in the specified period and is perhaps the only area that provides recovery of the economy through trade in goods. Specifically, the olive oil is been chosen as a predominantly Greek product and its promotion in combination with the right marketing, can contribute to the achievement of individual goals set by our country. The search for new markets should be based on criteria geographical, demographical, cultural and ethnic. Extroversion often viewed as a recipe for success. But the aggressive entry into foreign markets and the demanding presence in these can be the first series of movements. The position in the markets should, after all, be maintained. The olive oil is put forward as a Greek product with special features that can distinguish it, over other countries. It has been penetrated in many countries worldwide, but nevertheless suffers in the strategy of the promotion.   Key words: Marketing, Exports, Distribution Channels, Competition, Brand Name.

Guo Shuhong

Evolution of development of free economic zones in China
Journal of European Economy, Volume 11, Issue 2, June 2012, pp. 184-192.

JEL:     F0

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Abstract One of factors of successful development of economy of China is creation and constant modernization of free economic zones. In modern Chinese practice, the following zones of the state level are defined: special economic zones, zones of technical and economic development, zones of development of new and high technology, duty-free zones, zones of frontier economic cooperation, exportindustrial zones.   Key words: Free economic zones, economy of China, stages of development of free economic zones.

Sofiia Pazizina

Import substitution as a factor of the production and trade structural changes in Ukraine
Journal of European Economy, Volume 11, Issue 2, June 2012, pp. 193-208.

JEL:     F10

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Abstract Imbalances are revealed of national production and foreign trade structure. Import-substituting production is considered to be one of the factors of structural changes of national economy. The trends of import-substituting production by economic sectors are outlined. The necessity is substantiated for import substitution in food, textile, chemical, paper and cellulose industries, and agriculture. The mechanisms are offered to encourage import substituting production.   Key words: Import substitution, structural imbalances, production, foreign trade, sectors of industry.

Vitalina Kuryliak, Yevhen Savelyev

Ukrainian modernization in the formation of new global economic order
Journal of European Economy, Volume 11, Issue 1, March 2012, pp. 26-36

JEL:     F14, F15, F41, P21

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Abstract The directions of formation of Ukraine’s innovation economy, taking into consideration the global experience is proved. The necessity of formation of national innovation model as a deeply integrated system into the global scientific and technological community is examined; the renewal of the network of research and development centers, enhancement of the action of financial support instruments and implementation of large-scale program of development of attractive  investment climate is analyzed. The questions concerning formation of new global order and strengthening of the role of Ukraine in these processes are  considered.   Key words: Research and development centers, elite, investment climate, innovations, innovation economy, scientific and research institute, national innovation model,new global economic order, re-oriented economy, Ukrainian modernization, financial support.

Dmytro Lukianenko, Olena Titova

Innovation-creative component of global management
Journal of European Economy, Volume 11, Issue 1, March 2012, pp.37-52

JEL:    M10, J00

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Abstract Today, the innovation is a priority factor in economic development and social progress, reflecting the wide range of its political and legal, educational, scientific, technological, economic and social parameters. In the context of globalization the resources are reoriented to the development of intellectual capital, the producers and carriers of which are Universities. Global informatization of labour market and cross-cultural unification create the global consumer demand for educational services. To be competitive, Ukraine needs developing national educational intellectual resource in line with existing priorities of scientific and technological progress.   Key words: Global competitiveness, global labour market, global management, global thinking, University education, innovation resource, intellectual capital.

Oksana Cherneha, Julia Bocharova

Analysis and evaluation of the effect produced by civilization component on parameters of development and rate of competitive capacities of the countries
Journal of European Economy, Volume 11, Issue 1, March 2012, pp.53-87

JEL:     F23

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Abstract The paper offers the algorithm of the analysis and evaluation of the effects produced by the civilizational determinants on the competitive capacity rate of national economy, the hypothesis is substantiated about the influence made by civilizational belongings of the countries on their parameters and vectors of development, and consequently, the countries’ competitive positions in geoeconomic and geopolitical panel.   Key words: Civilization, civilizational model, sub-model of civilization, «cultural core», socio-economic development, competitive capacity

Oleh Kulinich

Competition for access to energy resources: the case of world coal market
Journal of European Economy, Volume 11, Issue 1, March 2012, pp.88-98

JEL:     Q43	Full text (PDF)
Abstract The paper analyzes the main trends of the world coal market. International vertical and horizontal integration is viewed as a form of global access to coal.   Key words: World coal market, horizontal integration, vertical integration, international competition for access to energy resources.

Olena Sohatska, Taras Oleksyn

Social media monetization in global informational environment
Journal of European Economy, Volume 11, Issue 1, March 2012, pp. 99-108

JEL:    M10, F21	Full text (PDF)
Abstract The article deals with the problem of social media monetization, provides a ROI measurement scheme and a general model for monetization of social media.   Key words: Monetization, monetization channels, the return on investment (return on investment, ROI), social media, social networking, social media marketing, ROI measurement scheme, monetization model.

John Rigas, Giorgos Theodosiou, Nikolas Rigas, George Blanas

The validity of the Okun's law: an empirical investigation for the Greek economy
Journal of European Economy, Volume 10, Issue 1, March 2011, pp.16-38

JEL:    E24, E29

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Abstract The main objective of this study is to evaluate the relationship of Okun’s law for the Greek economy over the period 1960–2007. The results of the analysis using the model of the «first differences» showed an inverse relationship between unemployment and GDP. However, the quantitative value of the Okun’s law coefficient and the form of this relationship in the case of Greece is quite different from those estimated for other EU countries. This is partially explained by disparities between productivity growth rates in Greece and other EU countries [France and Spain]. Moreover, structural change tests conducted by using dummy variables indicated that the Okun’s coefficient for Greece for the period from 1980 to 2007 is different from that estimated for the period 1960–1980. Finally, for VAR order k  = 2, the pairwise Granger causality tests showed that LNGDP Granger causes UN.   Key words: Okun’s law, unemployment rate, stationarity, cointegration, causality.

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.

Tetiana Melnyk

Import regulations under conditions of economic crisis
Journal of European Economy, Volume 10, Issue 3, September 2011, pp.267-272

JEL:    F10

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Abstract The analysis of imports volume and its commodity structure in the major industrial markets of Ukraine in comparison with domestic production revealed that the import supply is not the factor of the domestic producers decline. The recommendations for imports regulation strengthening and macroeconomic policy improvement are substantiated.   Key words: Import, import commodity structure, custom-rate policy.

Anatolii Vdovichen

Global Competitiveness indexes and development disproportion
Journal of European Economy, Volume 10, Issue 3, September 2011, pp.273-283

JEL:    F00

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Abstract The impact of the current global economic imbalances to the countries’ position in competitiveness ratings, primarily by changing the components assessment which are characterized by their functioning macroeconomics parameters and financial market state are under the consideration in their article.   Key words: Global economy, global economy disproportions, indicators of economic disproportions, indexes of competitiveness of national economies.

Maria Urbaniec

Environmentally-oriented cooperation as an instrument of sustainable development
Journal of European Economy, Volume 10, Issue 3, September 2011, pp.284-291

JEL:    Q57, Q55

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Abstract In order to enhance the process of innovation in environmental industries proposed to intensify cooperation on the environment, by promoting dialogue between different sectors. The impact of cooperation on innovation and the innovation potential of enterprises, and sustainable  development were proved.   Key words: Sectoral system of innovation, environmentally-oriented cooperation, innovation, innovation system, innovation climate, innovation potential, concept of sustainable development.

Sergii Pidgaiets

European experiences of implementation of public-private partnership schemes
Journal of European Economy, Volume 10, Issue 3, September 2011, pp.292-305

JEL:    H42, L32

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Abstract The progress in the market of public-private partnership in European countries was analyzed. The experiences of public-private partnership implementation in the leading countries of Europe are studied. It has been proven that in order to achieve socio-economic welfare of a country it is acceptable to apply the publicprivate partnership mechanism in the integration of interests of both public and private sectors of economy.   Key words: Public-private partnership (PPP), public sector of economy, private sector of economy, public-private partnership scheme, concession, leasing, rent.

Nataliia Kravchuk

Geopolitic imperatives for global development asymmetries
Journal of European Economy, Volume 10, Issue 4, December 2011, pp.353-382

JEL:    O10		Full text (PDF)
Abstract The paper is concentrated on functional determinants of category – conceptual apparatus within the tandem of «geo-political imperatives – asymmetry of global development» The author generalized theoretical and conceptual principles of ideological paradigms of geo-politics, and offered retrospectiveconceptual classification of fundamental political and philosophical basics of geopolitics (according to academic schools). The matrix of geo-political imperatives of global development asymmetries is constructed. Also the geo-political pragmatism is revealed, and theoretical and methodological constructions are argued for modern innovative civilization geo-politics. Following from the extrapolation of international methodological concept of Stanley Hoffmann the paper analyses asymmetries of global development in horizontal, vertical, functional, and ideological dimensions.   Key words: Asymmetries of global development, classic geopolitics, geo-economics, civilizational geo-politics, geo-political imperatives, spatial expansion, geographic determinism, geo-political dualism, geo-political code, geo-political vectors, geopolitical strategy, concepts-anti-theses, geo-political pragmatism, geo-political idealism, horizontal, vertical, functional, and ideological dimensions of global development asymmetries.