International Journal of Economics and Society

25-28

Authors: Valentyna Barchuk, Maryana Vusyatytska

In the article the necessity of a new way of increasing the investment attractiveness of the regions, new jobs creation and formation «the points of economic growth» is grounded. It is revealed that the most common tool to stimulate investment activity in the developed countries is industrial parks. The essence of the industrial park under Ukrainian law and its main types are considered. It is revealed that the main advantage of industrial parks compared with other similar economic mechanisms is a more advanced system of organizational, informational and financial mechanisms to stimulate the process of their creation and operation. The possibilities of creating industrial parks in the Ivano-Frankivsk region are considered. Typical obstacles to the establishment of industrial parks on the example of Hryplyn Industrial Investment Zone are analysed. It is proved that principles of Hryplyn Industrial Investment Zone meet the basic requirements for successful operation of the industrial park. In the condition of appropriate measures of state support it can be a powerful catalyst of economic growth in the region.

34-41

Authors: Oleksandr Dyba; Iuliia Gernego;

Despite a numerous researches, which are connected with cooperation between financial institutions worldwide, there is constantly need to observe their current positions and innovativeness of their activities. The difficulties of such researches are arisen because of the integrated nature of above mentioned questions. In this research we examine the effect of increased international integration of financial institutions worldwide, its influence on the quality and innovativeness of financial services. To do so, we develop a new approach, which makes its possible to develop the connection and to model the theoretical function of connections between the level of international integration of national financial institutions and their innovativeness. Our results suggest that the level of innovative development of financial institutions depends on the measure of their international integration.

58-65

Authors: Raisa Kvasnitska

Today the status of the financial market distinguishes three groups of investors: individual, corporate and institutional. Corporate investors that are engaged or could potentially carry out investment activities on the basis of investment resources are represented by non-financial corporations with different forms of ownership, corporations that take deposits (i.e. banks and branches of foreign banks) and insurance corporations. However, the analysis of approaches, which determine the composition and procedure of corporate investors` investment resources, shows that there are some features that require further objective of theoretical research perspective especially those that are outlined by the investment resources of banks. Author has made a research that was founded on the calculation of banks` investment resources and isolation measures to limit the investment risk associated with the implementation of investment banks and securities transactions that affect the implementation of their investment potential. Author has proved that among tangible and intangible resources of banks, there can be distinguished not only investment funds (assets) that have brought investment income, but also those that potentially, in the future, can be transformed into investment. Maximum allowable normative value of funds that can be invested by the bank reflects the marginal investment resources of the bank. And the limit that characterizes the amount of investment resources also represents information about bank funds that are invested and the value of bank potential investment in different sectors of the country`s economy

74-79

Authors: Kostiantyn Dolynskyi

This paper addresses the world modern development issues of agricultural and rural statistics. We reviewed in detail the Global Strategy to Improve Agricultural and Rural Statistics prepared by the World Bank in collaboration with the Food and Agriculture Organization of the United Nations (FAO). The paper provides a critical analysis and characteristic of conceptual framework and key element of Global Strategy. The outcomes of the research make possible to define directions for improvement of national strategies for the development of statistics.

87-95

Authors: Olga Malyk

One of the most important issues of the research of the enterprise financial security is the problem of analysis and assessment of its level, which in its turn is the basis for the development and implementation of an adequate mechanism of the financial security management. The article considers the main approaches to assessing the financial security of an enterprise. The essence of the methods are analyzed, their advantages and disadvantages are defined. The personal system of the financial security assessment of an enterprise that includes the assessment of the financial situation of the enterprise, the level of functional components of the financial security and the financial risks assessment and that is the instrument of the enterprise financial strategy formation is propounded. The practical importance of the proposed system of the enterprise financial security assessment is in the developed comprehensive approach to define the financial security. It will allow to increase of financial solutions reasonableness, since it will help to diagnose a complex of external and internal risks and define specific actions to improve the enterprise financial security.

101-107

Authors: Oksana Zamazii

Rationing of the customer value functions and risks for multi-criteria maximization and justification of scalar criterion for its solution to optimize the company image.Author states in the paper that multidimensional image impact on the behavior of many participants in the decision-making gives grounds for a detailed study of the factors that make the image of the company and their significance for the final result - the formation of an attractive image of a company in the market. Author proposes to use multi-criteria tasks of linear programming to make the choice of one alternative among a certain set of alternatives based on many criteria. The paper suggests using scalar convolution of criteria to reduce the problem of multi-criteria optimization to one-criterion optimization task with scalar objective function, which greatly simplifies the task of selection

112-118

Authors: Volodymyr Moroz; Svitlana Moroz

The article presents the results of theoretical studies of the need to address the subjects of public administration to the main characteristics and trends of people's mentality manifestations in the planning and administration of the institutional system of the state transformation. In addition, the article describes some of the approaches to the determination of the content of the category «mentality», as well as highlighted the conceptual basis of its positioning. The article contains the conclusions regarding the place and role of the mentality of the people in the process of transformational change of the institutional environment of the state, as well as the activities of its authorities.

131-137

Authors: Olga Shulga

The current socio-economic situation of regions of Ukraine The reasons for disparities in socio-economic development of regions. Priorities and directions of development of the regions of Ukraine. The models of further development of each region depending on the chosen development strategy.

147-154

Authors: Agil Kerimov

Banks criticize Basel accords for potential double counting of the same risks in calculation methods of minimum required capital. These risks should be isolated from each other for accurate measurement of regulatory capital. The purpose of this paper is to isolate credit spread risk from interest rate risk and analyze the impact of pure credit spread fluctuations on portfolio value. Different scenarios are simulated by using Monte Carlo simulation method. The model is built in Excel and Visual Basic for Applications. The results show that coupon rates and credit spread deviations have an impact on the average and the standard deviation of portfolio value which makes them among the majors factors in assigning bond weights. Besides, the interest rate component that reduces the fluctuations in standard deviation should also be taken into consideration in assigning the weights.