The Problems of Economy

17-23

Authors: Grafska O. I.

Global trends in and challenges for the socio-economic development, globalization, integration and service processes are characterized by high dynamism of their effect on all spheres of economic activity. Therefore, without a preventive response to external influences, effective development of the economic system of countries will be hindered. This is especially true for the tourism and recreation sector, which is international in nature and interconnected with global megatrends and economic development cycles of society. The aim of the study is to identify contemporary challenges for and megatrends in the development of the tourism and recreation sphere as determinants of the formation and use of the tourism potential of Ukraine. It is established that the need to focus on the main global trends in and challenges for the development of the tourism and recreation sector is especially important today to justify a balanced policy and mechanisms for surmounting the crisis in the domestic tourism sector as well as to identify additional opportunities and prerequisites for building the potential of the tourism and recreation sector in territorial communities and national socio-economic space as a whole. The study reveals the effect of urbanization, as a megatrend in socio-economic development, on the tourist and recreation sphere, namely, that it leads to excessive tourism, i.e., an increase in tourist flows. It is proved that today new information technologies are widely used in international tourism, which is an example for applying such technologies in domestic practice. The effect of virtual networks as modern global trends in the international tourism services market is characterized. The influence of COVID-19 processes on the tourism industry is investigated, and the main problems that the tourism industry is facing today are identified. The ways for overcoming the current crisis are proposed. It is found that the coronavirus pandemic has an impact not only on the tourism and recreation sector but also on the global economy as a whole.

30-38

Authors: Maksymenko A. O.

The article deals with studying the transformations in consumer-driven value chains, using the example of clothing and footwear manufacturers. It is noted that the production of ready-made clothes in the value chain includes several stages: pre-production, or production of fabrics and components (Original Equipment Manufacturer, or OEM); fabrication of clothes (Cut, Make and Trim, or CMT); design (Original Design Manufacturer, or ODM); supply, marketing and sales (Original Brand Manufacturer, or OBM). Each stage differs in terms of technological level and added value. The practices of Turkey, Pakistan, and Albania concerning the integration of textile enterprises, manufacturers of ready-made clothes and footwear into global value chains are analyzed. It is concluded that the entry into global value chains begins at the lowest stage (drafting, assemblage, fabrication). The process of integration into this chain is possible if the company is competitive in terms of delivery time, flexibility (the ability to produce small batches, quickly respond to market changes), and productivity. The need for state support (industry development strategy, formation of clusters and industrial parks, attraction of foreign direct investment) and participation in various international trade transactions is noted. Participating in the CMT stage in the short term is positive as regards offering jobs, and in the long term it can encourage enterprises to develop and sell final products in the domestic market. Market entry barriers are increasing with each next stage in the value chain. Moving up the stages in the value chain requires investing in technologies and human resources, establishing cooperation with educational and research institutions, building ties with enterprises of the industry they are engaged in and related ones.

55-62

Authors: Sytnik N. I.

The article deals with analyzing the practices of state support for the startup ecosystem in countries of Central and Eastern Europe using the example of Poland, Estonia, Belarus, and Hungary. These countries have indicators of startup ecosystem development similar to those of Ukraine. However, they are characterized by significant government participation in the formation of the national startup sector. In recent years, Ukraine has made progress in developing its startup ecosystem, but the role of the state in this process remains minimal. The aim of the article is to study the level of development of national start-up ecosystems in countries of Central and Eastern Europe as well as instruments of state support for ecosystems in this region, which can be used by Ukraine to stimulate the development of its national start-up industry. The article provides a comparative analysis of Ukraine with other countries of Eastern Europe according to rankings of startup ecosystems, competitiveness and innovativeness of the economy, business conditions, and level of education. It is established that Ukraine has high positions in the rankings of start-up ecosystems. However, it lags behind other countries of the region in rankings of national economies. In most countries of Eastern Europe, the state is an important agent of the startup ecosystem. Using the examples of Estonia, Poland, Hungary, and Belarus, the instruments of state stimulation of start-ups are studied. They are developed, as a rule, as part of strategic programs for digitalization of the country, development of innovative entrepreneurship and high-tech industries. The article identifies the priority areas of state support for start-up ecosystems in these countries, namely, legislative initiatives aimed at liberalization of the conditions of activities of new entrepreneurial structures; public investment; development of human resources; creation of competence centers; media and event management.

71-81

Authors: Barna S. S., Shpak Y. O.

The factors affecting the innovative development of energy service enterprises are considered. The aim of the study is to establish the relationship between the energy policy, willingness of the population to use measures to improve energy efficiency and innovative potential of energy service companies. The review of scientific papers on energy security and environmental safety shows the relevance of developing mechanisms for reforming the energy market through considering the level of development of innovations and their management at the energy company level. The objects of the study are 5 energy companies in Western Ukraine (Ternopiloblenergo, Lvivoblenergo; Chernivtsioblenergo; Rivneoblenergo; Volynoblenergo), which are the main energy providers in the region and, accordingly, reflect the general trends in the formation of the energy market. The methodological tools of the study are the focus group method, personal interviews, variation of parameters, statistical observation, induction, deduction, generalization. The article presents external and internal factors affecting innovative development of energy enterprises. The aspects of the regulatory policy in the energy market are considered. Risks for the development of the energy market and provision of quality energy services are identified. A low level of innovative development of personnel in the energy sector is noted. The importance of enhancing the cooperation of energy enterprises with the united territorial communities with the aim of implementing the approved legal norms for reforming the energy market in Ukraine is taken into account. Among the measures to strengthen the motivation of the population to use energy saving technologies, intensification of activities of media and other information providers is noted. The results of the study may be useful for managers of energy companies, the heads of the united territorial communities and associations of co-owners of apartment buildings, scientists working on projects to improve energy conservation.

91-103

Authors: Dankevych V. Y., Dankevych Y. M., Sheheda O. V.

The article outlines theoretical approaches to the study of the development of land relations and provides the substantiation of the methodological toolkit for the study. A set of legal and economic relations that arise in the course of turnover of land is investigated, namely, transactions of purchase and sale, inheritance, exchange, gift, pledge, lease and emphyteusis. The structure of land transactions and changes in their number over time by designated purpose are analyzed. The use of the Ward’s and k-means methods made it possible to divide regions of Ukraine into three cluster groups by level of development of land governance as well as to identify the existing problems. The European practice of the development of land relations and the formation of the agricultural land market is considered. The practice of the EU Member States has proved that a developed and well-institutionalized land market is a necessary prerequisite for ensuring food security of a country and developing its export potential. The analytical review and findings of the study of the features characterizing the evolution of land relations in Bulgaria, Estonia, Latvia, Lithuania, Poland, and Romania made it possible to identify the main elements of the formation of a full-fledged agricultural land market, namely: cadastre, specialized land institutions, market-based land valuation mechanism and state regulation. It is established that effective use of land resources in Ukraine is possible only provided that the land reform is completed and a full-fledged agricultural land market is formed. Only under these conditions the use of the available agricultural land can be intensified, and the food and economic security of the state can be ensured.

111-118

Authors: Zinchuk T. O., Patynska-Popeta M. M.

The purpose of the article is to investigate and describe the main trends in business development in rural areas in the context of Ukraine’s European integration prospects; identify the conditions, directions, and tools for setting up a rural business. Modern problems of Ukraine’s rural areas are characterized. It is proved that increasing the efficiency of the agricultural sector is a key factor for strengthening the economic potential of territorial communities. Main positive trends in the export of agricultural products of Ukraine, their impact on business development in rural areas are analyzed. The priority measures for innovative development of the agri-food sector are highlighted. Attention is focused on elaboration of alternative schemes for organizing rural development, which ensures diversification of employment and sources of income. The types of non-agricultural employment in rural areas are presented. The conditions, promising areas, tools for creating and developing business in rural areas are determined with regard to European practices. The need for stimulating local initiatives to unleash the potential of agricultural production and business, in order to fully use favorable for Ukraine conditions in the world agricultural market, is substantiated. It is argued that positive changes in the development of rural areas of Ukraine can be achieved by investing in innovation, support for business, human capital. Using the example of activities of united territorial communities (UTC) of Zhytomyr region, a system of measures for business development in rural areas is presented.

130-143

Authors: Kyzym M. O., Salashenko T. I.

The article presents theoretical approaches to formation of a competitive electricity market: centralized and decentralized ones, making a choice between which depends on the degree of balance of physical and commercial electricity flows in the energy system, which determines the features of market modeling. Regardless of the approach, the modeling of a competitive electricity market is based on justifying its 7 key determinants including geographical delimitation, dispatch method, market infrastructure, time scaling, forms of trade, pricing methods, and product diversification. There is conflicting experience in the world concerning a competitive electricity market and no universal model of it. The analyzed models of the EU, USA and Australia show their significant differences. The decentralized approach was applied in the EU and a four-segment model of a competitive electricity market with zonal delimitation of energy systems was created. In the USA and Australia, the centralized approach with nodal delimitation of energy systems was used, and two- and one-segment models were created, respectively. The models of a competitive electricity market presented in the article also differ in dispatch methods, forms of trade, and products. Their only common characteristic is the orientation towards marginal pricing, although in each of the models it has specific features. Ukraine has formed a quasi-competitive electricity market using the European model. The correction of flaws of this model should be made with regard to the characteristics of the national energy system and the successful experience in liberalizing the electricity markets of other countries of the world, not just that of the EU.

153-159

Authors: Obelets T. V.

The aim of this work is to deepen the understanding of the impact of modern technological progress on the nature of transformation of the labor market, changes in the role of qualification level of the employed population, and determination of the skills and competences of employees necessary for forming competitiveness of labor resources and overcoming modern challenges in the labor market. The article presents an assessment of the potential of intra-industry polarization by individual types of economic activity, with consideration for the use of information and communication technologies (ICT) at enterprises. It is noted that information and communication technologies replace certain tasks performed by humans. Consequently, the share of employed among not only highly qualified and paid experts but low-skilled service personnel related to this sphere will increase as well. An assessment of the share of employees who used ICT in enterprises is performed. It is determined that, in Ukraine, the maximum number of employees who used ICT in their professional activities were employed in the fields of information technologies, telecommunications, as well as scientific and technical activities. The close to the Ukrainian average value share of employees using ICT in enterprises is observed in industry. The minimal use of ICT was in the field of transport, warehousing, postal and courier activities and water supply. The results obtained have allowed to single out a number of enterprises with the maximum potential for applying the latest technologies and reformatting the structure of the employed population. The role of skills and competences necessary for forming competitiveness of labor resources and overcoming various challenges in the labor market is determined. The core skills and competences for effective employment are defined with the use of the content-based model O*NET and proposed in the study. It is noted that promoting the development of non-routine skills is the most relevant strategy for the formation of labor competitiveness under modern conditions, especially as a result of the impulse created by the COVID-19 pandemic.

166-174

Authors: Yastremskii O. I., Kulyk V. V.

The aim of the article is to develop a methodology and study the results of calculating the load of direct and indirect emissions on final demand based on the data from the aggregated costs-emissions scheme of Ukraine. The article examines the total load of carbon dioxide, nitric oxide and methane emissions on the end use of three groups of economic activities of the Ukrainian economy in 2017. The largest emitter is the secondary sector (industry), whose share in the total load of emissions is about 50 % for carbon dioxide, nitric oxide, and methane. The tertiary sector (the services sector) is the second largest emitter. During 2013–2017, there observed a downward trend in the load of emissions on the final demand of the studied sectors, especially for 2013–2014. A scenario “reduction in the total economic cost of production ? change in emissions” is developed and implemented. It characterizes the elasticity of the release of all emissions to the total economic cost of production – a decrease in the total cost by 1 % leads to a relative decrease in the release of all emissions by 1.41 %, 1.62 %, 1.71 %. Prospects for further research are the expansion of the calculation scheme to 10 economic activities, 19 economic activities, 42 economic activities, 10 types of emissions; application of uniform methodological approaches and single arrays for comparative environmental and economic research; elaboration of a costs-emissions scheme with additional technologies “processing of emissions” and quadrants “interbranch flows of economic activities for processing emissions”, “additional release of emissions in processing emissions” for Ukraine.

182-189

Authors: Babets I. G., Ruda O. I.

The article analyzes the main trends in the structural changes in capital investment and foreign direct investment in regions of Western Ukraine in 2013–2018. Using regression analysis of the panel data, the authors assess the dependence of indicators characterizing the structure of investment in the economy and the quality of life in cities of regional significance of Volyn, Transcarpathian, Ivano-Frankivsk, Lviv, Rivne, Ternopil, Chernivtsi regions for the period of 2013–2018. The study reveals a significant direct relationship between the average annual number of full-time employees and the volume of foreign direct investment per capita, the share of investment in housing construction and environmental protection in the total volume of capital investment in the cities of regional significance. The direct effect of the changes in the volume of capital investment per 1000 people and the share of investment in housing construction in the structure of capital investment on the level of housing provision for the population in cities of regional significance is confirmed. The direct dependence between improvement of the provision of hot water supply and sewerage services for the population in cities of regional importance and increase in foreign direct investment, capital investment and investment in environmental protection is determined. It is established that the changes in the share of investment in housing construction in the general structure of capital investment do not affect the provision of hot water supply and sewerage services for the population in view of modern features of individual construction. No connection is found between the level of air pollution, waste generation and indicators of structural changes in investment in cities of regional significance.

198-208

Authors: Dmytryshyn L. I., Zvarych O. I.

The aim of the article is the formation of a set of priorities of economic development as key factors of success of Ukraine’s regions and their further analysis. Based on the analysis of the relationship between the concept of economic development of regions and the level of their key success factors, it is established that the factors of economic development of regions provide the basis of the pyramid of key success factors and determine the competitive position of a region on a national or global scale.On the other hand, economic development of a region is ensured by a constant strengthening of the competitive position and increasing the competitive advantages of the existing industries and by creating new, highly efficient segments of the economy. In addition to regional key success factors, synthetic indicators, which allow assessing the competitive position of a region regardless of its level of development, are important.Therefore, for a spatial study of key success factors, a methodological approach to assessing the actual and potential levels of key success factors for a region as well as assessing the differentiation of regions by their level is proposed. A model of key success factors for regions of Ukraine in the long term is built. The implementation of the model implies classifying regions according to the criterion of using the existing and potential competitive advantages and, finally, assessing the level of economic development of a region.This describes the interdependence of the studied concepts: factors of economic development of the regions – competitiveness of the regions – economic development of the regions. A set of priorities of economic development of Ukraine’s regions are formed. Moreover, all of them – both traditional and modern – represent the regions in terms of rather innovative development than that of production or investment.The set contains the innovative, social and environmental components of economic development, which are characteristic of the approach of the new economy, and not production and technological ones, inherent in the production and investment approaches, respectively.

216-223

Authors: Olshanska O. V.

Higher education institutions are increasingly being transformed from establishments with traditional teaching and research functions to those playing a social role in ensuring sustainable regional development. The aim of the article is to substantiate the possibility of ensuring sustainable regional development based on socialization of higher education institutions. The study is aimed at expanding the understanding of traditional ways of ensuring sustainable regional development, taking into account the ability of higher education institutions to promote the dissemination of knowledge about sustainable development, maintain sustainable entrepreneurial ecosystems and generate management decisions that affect the achievement of sustainable regional development. The carried out assessment of the state of incorporation of the Sustainable Development Goals into strategic planning documents in Ukraine made it possible to justify five reasons for the need to reflect the Sustainable Development Goals in regional strategies. A conceptual scheme of the influence of higher education institutions on the subsystems of achieving sustainable regional development is proposed, changes in the indicators of sustainable development associated with universities are analyzed. The breaking down of the higher education institutions by region by indicators of the U-Multirank 2020 ranking in the dimension of regional engagement (bachelor graduates working in the region; master graduates working in the region; student internships in the region; regional joint publications; income from regional sources; regional publications with industrial partners). It is proved that the key to sustainable regional development and harmonization of the relationship “economy-society-nature” are specialists able to take into account all aspects of the economic, social and environmental development of the region. This made it possible to highlight the priorities for the further development of the social mission of higher educational institutions.

240-246

Authors: Horal L. T.

The aim of the article is to systematize and generalize the multifaceted nature of the concept “development security” of an industrial enterprise. The article indicates that, in view of a complex combination of technical and technological, information, resource, financial and economic, intellectual, and personnel functional components, each of which in a certain way affects activities of a particular industrial enterprise, it is necessary to consider the complex phenomenon of development security of an enterprise, which implies eliminating threats to its development. In studying the concept “development security” of an industrial enterprise, the complexity of its formation was determined. This is primarily due to the complexity of the components, namely, “development” and “security” of the functioning of enterprises. Each of these concepts should be considered in several aspects (and / or in the context of several scientific disciplines): philosophical, social, financial and economic and managerial one. It is noted that man is an open, complex evolving system. Under conditions of the formation of a human-centered economy accompanied by a crisis opportunities for gaining new experience arise. Based on these conclusions, a system for determining the priority of cause-and-effect relationships in the system for managing security development of an industrial enterprise is proposed. The use of the suggested priority of cause-and-effect relationships in the system for managing security development of an industrial enterprise will make it possible to determine the direction of using enterprise management mechanisms both at the strategic and tactical levels in solving current problems.

256-264

Authors: Krivtsova Т. О., Liadova Y. O.

The aim of the article is to justify the ways to improve accounting and auditing. In view of this, the authors analyze the influence of factors of the internal and external environment, which are conditioned by the current global financial crisis, on the development of the credit component of financial security of enterprises.Using the methods of generalization, internal and external factors influencing the development of the credit component of financial security of enterprises are identified. The degree of liquidity of the assets of individual enterprises and the possibility of using the credit component in their activities are analyzed based on the calculation of their creditworthiness, solvency, financial stability, and financial status (factors of the internal environment).Bu means of econometric modeling, it is found that the development of the credit component of financial security of the studied business entities is slowed down due to excessive growth in their current liabilities, compared to the relatively moderate rate of changes in the volume of their assets, as well as the limited possibilities for long-term borrowing and low return on assets.The regression analysis of the impact made by fluctuations of the exchange rate of the domesticcurrency against the US dollar and the euro (environmental factor) on the development of the credit component of financial security of the studied business entities revealed that this factor negatively affects both the volume of credit resources and the business entity as a whole.Under modern conditions of the global financial crisis,the practical implementation of the research results will improve quality and speed of making managerial decisions, which are based on accounting and audit data. In this regard, it makes sense to direct further research at identifying and eliminating the consequences of the global financial crisis of 2020 in activities of business entities.

274-280

Authors: Prokhorova V. V.

The aim of the article is the formation of a business model as a tool for improving the strategic positions of enterprises in competitive markets under modern turbulent conditions. Based on the results of the study, it is determined that at present, when new technologies are constantly appearing, consumer preferences are changing, new social trends are forming, the key factor ensuring success in competition is the correct choice of the business model of an enterprise. Successful innovative products are no longer a guarantee of success in the market. Thus, only comprehensive innovation activity that goes to the level of permanent monitoring of the adequacy of a business model to changing conditions, and designing it into an improved version is a determining factor for success in the competitive struggle. Fundamental changes — evolutionary and radical transformations — have shaped the economy and business environment in recent decades. Technologies, especially information and communication ones, have radically changed the requirements for building a successful business and managing it. Accordingly, revolutionary technologies require developing new business models as a tool for improving the strategic positions of enterprises in competitive markets. In today’s hyper-competitive environment, there is no ideal business model that can create sustainable competitive advantages. In the future, when changes will occur even faster, only the enterprises that will be able to use their full potential will succeed. The winners will be adaptive enterprises that can quickly respond to new challenges. The article presents a detailed description of the process of forming the essence of the concept “business model” and defines its structure; analyzes the characteristics of schools of thought that study business models; highlights the principles and objectives of the business model as an instrument for improving the strategic positions of enterprises in competitive markets.

288-294

Authors: Romashko O. M., Nemish Y. V.

The aim of the article is to justify and test a methodological approach to assessing the level of financial resources based on a summarizing rating indicator, using an example of an oil-producing enterprise, as well as to study the changes in the state of financial resources of Ukrnafta OJSC during 2016–2018. The article discusses several methodological approaches to assessing the financial state of an enterprise applying the method of ratios, without bringing them to a single indicator. These methodologies imply assessment of a significant number of indicators and need for their interpretation.However, as regards the simplicity of calculation and interpretation, a methodology for assessing financial resources proposed by R. K. Shurpenkova and T. V. Kalaitan is of interest.It involves express analysis of 5 key financial indicators characterizing liquidity, solvency and financial stability as well as determination of a synthetic rating indicator of financial resources. Based on the financial statements of Ukrnafta OJSC for the last 3 years, using this methodology, an assessment of the financial resources of the enterprise is carried out.The retrospective analysis of Ukrnafta OJSC allows to conclude that the company has an unsatisfactory financial state since the value of the rating indicator for assessing financial resources is less than 1. To improve the situation, the company should optimize the structure of current and non-current assets, attract additional funds from the owners and make timely settlements with creditors by using budgeting and drawing up a payment calendar, as well as reduce the amount of current liabilities by obtaining credit funds for a longer period of time.

303-311

Authors: Trushkina N. V., Rynkevych N. S.

At the present stage of enterprise functioning, problems of transforming organizational culture with the use of marketing tools are particularly relevant. The aim of the article is to substantiate and develop a marketing strategy for managing the development of organizational culture. To achieve this goal, there used the following general scientific research methods: analysis and synthesis, generalization, systematization, logical framework approach, expert survey. The article presents the results of the authors’ marketing research of Ukrainian enterprises functioning in the food, coal, construction industry and the services (transport, consulting, banking, household ones), education, science, government sectors, in order to identify the features of organizational culture. The relationship between marketing and development of organizational culture is proved. The content of the main tasks of marketing in the transformation of organizational culture is revealed. The logical framework of the interaction between management of the development of the culture and the marketing strategy of an enterprise is proposed. A marketing strategy for managing the development of organizational culture is elaborated. It presents a conceptual model of long-term processes of marketing activities that must be implemented to achieve the company’s long-term goals through introduction of self-development programs and continuous improvement of professional qualities of the personnel with the help of digital technologies. This strategy should be formed and implemented according to the following algorithm: risk level assessment; formation of a marketing strategy (analyzing the external and internal marketing environment, determining the prerequisites for the development of the strategy; identifying the strategic goals of the enterprise; establishing the level of subordination of strategies; integrating the strategy for managing the organizational culture development and marketing; elaborating strategic programs; making managerial decisions on the implementation of the strategy; justifying and forming a scenario approach); implementation of the strategy; analysis of the results obtained and control over the implementation of the marketing strategy; resource, organizational, economic, financial and information support for the implementation of the strategy. This will ensure the successful integration of the processes of personnel and marketing activities of an enterprise and effectively transform its culture.

325-330

Authors: Yakymchuk I. M.

The theoretical foundations of organizational and managerial innovation in increasing efficiency of manufacturing, practical business aspects of organizational and managerial innovation in enhancing business efficiency are studied. These issues were considered both by Ukrainian and foreign scientists. However, today, despite the multitude of works highlighting these issues, there are no comprehensive studies dealing with the generalization and systematization of existing supply chain models. Organizational and managerial innovations in increasing efficiency of logistics are considered using the example of a supply chain. It is proved that organizational and managerial innovations are continuous in time, starting from the initial one, which, after a situational analysis, goes through planning, programming, particular actions aimed at its implementation and making decisions for the future. Given the existing risks and the complexity of innovative solutions, specific approaches are proposed to increase efficiency of logistics using the example of a supply chain. Improving a supply chain with particular tools allows introducing market changes in the organization of the supply chain. Application of innovation in logistics requires quick decisions to address the issues of production, management and environmental impacts on logistics processes. It is found that a supply chain with the necessary attributes provides many benefits to companies that use its tools through outsourcing agreements. Considering the practice of European companies, it is proven that the introduction of logistics tools increases the company’s profitability after six months of their constant use and its participation in logistics outsourcing projects, contributes to the growth of the company’s market share, speeds up its penetration into new markets by expanding the geography of the functioning of logistics operators and banks – supply chain business partners.

338-346

Authors: Haidenko S. M., Svichko S. O.

The article discusses the theoretical aspects and prerequisites for the formation of entrepreneurship as an active factor affecting both the economic progress in general and development of regions. A new interpretation of the institutional approach in the context of using it under modern conditions of transformation of systems and methods of regional development management is proposed. A logical model of factors influencing the development of entrepreneurship is built, and a refinement concerning the use of the concept “object of observation” in economic research is made. The authors’ version of the content of the concepts “entrepreneurial climate” and “entrepreneurial environment” is provided, and the relationships in the responsible conceptual cluster are determined. Business environment is proposed to be considered as an aggregate of positive and negative factors which significantly affect performance of a business. The article describes basic characteristics of business environment, among which the investment climate, regulatory policy and readiness of society for innovative changes are of paramount importance. The development trend and effectiveness of regional management is provided not by the central bodies but by an integrated local mechanism, which is formed by coordinating the goals and interests of independent social organic structures within the framework of regional integrity and regional policy. A significant result of the study is the developed conceptual cluster, which is formed around the term “climate”. The relations between the characteristics of business climate and regional environment, which are attributed to the line of human factor, mentality and traditions, are established. “Climate”, “environment” are also interconnected through a system of barriers, tensions, and conflicts, together they act as assets of regional development. Based on the result obtained, it is concluded that scientific theory and scientific support (practical tools for transformation) are the dominant components of regional development, which can give a powerful impetus to the regional business sector.

356-364

Authors: Stoiko O. Y.

The aim of the article is to study the problems of developing fintech and banking in Ukraine and develop promising areas for their interaction. It is established that in the context of the introduction of financial and technological innovations, traditional approaches to the provision of banking services no longer meet the modern needs of consumers and the requirements for improving the efficiency of banking. The main advantages and disadvantages in activities of commercial banks and fintech companies are identified. The advancement of financial technologies has a positive effect on activities of domestic commercial banks, which enhance the quality of customer service, improve automated means, and increase the protection against cyberattacks and fraud.At the same time, traditional commercial banks can provide significant assistance to fintech companies in terms of expanding infrastructure, increasing capital, and enabling access to a well-developed client database. It is proved that the most effective strategy of relationships between commercial banks and fintech companies is not competing but using various mutually beneficial cooperation options. With the introduction of the latest technologies in Ukraine, a significant breakthrough was the launch of the first mobile bank – Monobank, which operates without physical branches and is able to carry out all basic banking operations.The analysis showed that the online service of Monobank in the second half of 2019 grew by an average of 100 thousand customers every month and also had a positive trend in all key performance indicators. The feasibility of the participation of commercial banks in promoting P2P and P2B electronic platforms is substantiated. It provides mutual benefits for both parties: for banks – avoiding liquidity and defaultrisks, and for electronic credit platforms – getting access to a significant amount of banking resources. A promising area of interaction between fintech and banking is the introduction of Open Banking, which will enable access of fintech providers to banking data and give possibility for creating new products and services.Another potential impetus for the implementation of innovative solutions may be applying BankID remote digital identification, which will make the domestic financial market more accessible and open for its participants, simplify the procedure for rendering services and provide conditions for creating innovative services and improving the existing ones. The important role of the National Bank in the development of financial technologies and mutual cooperation of commercial banks and fintech companies is highlighted. Further research will be aimed at an in-depth study of individual areas of cooperation between fintech and banking.

382-388

Authors: Bondarevska K. V.

The article outlines the author’s vision of the institutional support for social security in the labor market and its components, in particular, relevant institutions (state and local government bodies, institutions of state regulation of the labor market and social partnership, educational institutions, mediation institutions) and other institutions (legal and regulatory, financial, informational support, economic laws regulating labor market functioning, social rules and norms of behavior, traditions and values, corporate norms). Moreover, the main components of the mechanism of institutional support for social security in the labor market are identified. They include the influence of subjects of social security in the labor market on relevant objects, based on resource support and principles, using corresponding methods, tools and leverage. Features of the current state of the institutional support for the labor market are examined and its main problematic aspects, in particular, in the context of activities of the State Employment Service of Ukraine, are highlighted. The need to apply best practices is considered with regard to the formation of an active state policy in the labor market and the concept “flexicurity”, which is a combination of flexible and non-standard forms of employment with appropriate social protection of employees. Among the priority areas for improving institutional support for social security in the labor market, the author identifies the following: providing a legislative framework for social security and defining measures to ensure it; implementing social standards of developed European countries in domestic practice; bringing the legal framework for social security in the field of employment in accordance with international requirements, with consideration for domestic realities; improving the functional aspects of institutional support by redistributing the powers and functions of state bodies in the context of decentralization as well as taking into account the need to introduce innovations in the activities of relevant institutions.

397-406

Authors: Oganezova G. V.

The relevance of the topic is due to the absence in economic studies of specific algorithms for activating self-preservation that determines the health of a country’s population, and therefore, its human capital. The author sees the solution to this problem in institutionalization of self-preservation. The paper presents a methodological approach to the formation of the institution of self-preservation, which includes a theoretical analysis of scientific approaches to studying health and self-preservation, practical analysis and diagnosis of self-preservation of the country’s population, substantiation of the need for mechanisms for institutionalizing self-preservation and their development. The methodology for institutionalizing self-preservation is based on an institutional approach and the theory of health risk factors. Self-preservation is described as an individual’s obligations to preserve his/her health, which are manifested in actions aimed at achieving socio-economic well-being, allowing a healthy lifestyle, ensuring ecological parameters of everyday life, characterizing his/her participation in medical events. The analysis of self-preservation in Ukraine from the standpoint of the theory of health risk factors shows that an institutional trap – the institution of health-damaging behavior was formed in the country. For its transformation, a mechanism for institutionalizing self-preservation is proposed. The mechanism consists of regulatory, organizational, economic and information tools that coordinate the interaction of economic entities in such a way as to neutralize the negative impact of health risk factors and enhance their positive impact, which contributes to increased personal responsibility for health.

416-423

Authors: Sierova I. A.

The article considers the correctness of the construction of international indices and the possibility of their use in analytical practice. The interconnection of such concepts as: assessment of accuracy of source information – assessment of accumulation of errors during its processing – assessment of accuracy of quantitative estimates obtained based on analysis of main advantages and disadvantages of international indices, is tracked. The emphasis is made on scaling as a method that allows combining the general principles of mathematical analysis and specific methods of data collection. The expediency of selecting a method of data conversion during the transition from the ordinal scale to the interval one is determined, which is a necessary condition for the possible comparability of ranking positions in the presence of various research objectives and arrays of the data collected. The relationship between the methods of data classification as the basis of their primary systematization is considered. To determine the possibility of comparing international indices with regard to the general characteristics of a cluster and the changes within this cluster, the method of cross-clustering is used. The issues of the correctness of aggregate estimates are raised.There proved the erroneousness of revealing dynamic patterns at failing to meet the conditions when the quality of the research tools used is determined by their validity and reliability, and the quality of the results obtained is determined by the accuracy of measurements,. It is found that the stability of the socio-economic system should be confirmed by the statistical stability of the indicators that characterize this system. A scheme of relationships of requirements for data in the construction of international indices is proposed.

13-19

Authors: Hubarieva I. O., Yaroshenko I. V.

The competitiveness of the timber processing complex (TPC) of Ukraine is the aggregate competitiveness of such sectors as: manufacture of wood and products of wood; manufacture of paper and paper products; manufacture of furniture. It is proposed to assess the competitiveness of the three types of economic activities (manufacture of wood and products of wood; manufacture of paper and paper products; manufacture of furniture), which are part of the processing industry and determine the level of development and effectiveness of the functioning of the TPC as a whole and the timber processing complex of Ukraine and the EU in particular. In the article, a block scheme to study competitiveness of the timber processing complex of a country is developed. The presented scheme implies assessment of such competitiveness parameters as: level of gross value added of production; material consumption of production; energy intensity of production; and import dependence of the domestic market, which allows determining both the composite quantitative characteristic of the phenomenon under study and its components in order to identify the existing problems. An integral assessment of the competitiveness of the TPC of Ukraine and the EU countries by economic activities is carried out. Based on the results obtained, Ukraine takes the 22nd place among the 25 countries studied. Clustering of the EU countries including Ukraine is carried out according to the value of composite indicators for assessing the competitiveness of certain economic activities of the TPC using the k-means method. Ukraine entered the cluster that is characterized by a low level of competitiveness of certain economic activities of the TPC.

27-35

Authors: Kalyuzhna N. G.

The aim of the article is a retrospective analysis of Ukraine’s international trade in goods in the context of deepening interstate economic contradictions and active use of discriminatory tools of international trade policy. A complication of the processes of regional integration of countries due to the intensification of anti-globalization trends in international economic relations is noted. The necessity of studying the integration priorities of Ukraine’s international trade under conditions of intensification of interstate contradictions concerning foreign policy and economic issues is substantiated. A retrospective analysis of the absolute (volume of trade in general and with individual groups of countries) and relative (share of trade with individual groups of countries in the overall structure of trade) indicators of Ukraine’s international trade in goods with countries of Europe and the CIS is carried out. A negative impact of introducing by Russia and Ukraine a system of mutual economic sanctions on the commodity circulation of the state in general and with individual groups of countries is revealed. The hypothesis about the existence of a steady negative trend in the behavior of the absolute and relative indicators of Ukraine’s international trade in goods with the CIS countries is confirmed. The study did not reveal a steady trend towards an increase in the indicators of international trade of Ukraine with European countries in absolute terms. It is proved that the international trade integration of Ukraine into the European space requires a balanced trade policy in order to prevent further escalation of interstate trade conflicts. Prospects for further research in this area are to provide a quantitative assessment of the impact of discriminatory measures on the national economy and develop recommendations on the formation of Ukraine’s integration priorities based on effective interaction with the European and world economic space.

43-51

Authors: Khaustova V. Y., Reshetnyak O. I.

The aim of the study is to determine the impact of training highly qualified personnel on scientific and economic development. To achieve the goal of the study, the methods of logical, statistical, correlation analysis, as well as the matrix approach to positioning countries of the world are used. The article puts forward and proves the hypothesis of a significant positive impact of indicators characterizing the level of training highly qualified personnel on indicators characterizing the condition of scientific sphere and scientific results, as well as economic results of the country for selected advanced nations of the world successfully implementing an innovative model of economic development. For Ukraine, the hypothesis is not confirmed. The results of the correlation analysis of indicators in absolute measurement show that an increase in the number of people with a master’s and doctoral degree has a positive effect, contributing to an increase in the number of researchers, the number of articles in scientific and technical journals, the level of GDP, and research and development expenses. The average positive effect of the number of population with a doctoral degree on the number of patent applications of the corresponding country at the level of high-tech exports and the low positive effect of the population with a master’s degree on the number of patent applications of the corresponding country at the level of high-tech exports are revealed. The results of Ukraine’s positioning relative to other countries of the world, based on the matrix approach, demonstrate that in the plane of coordinates of the number of people who have a master’s and doctoral degree and indicators characterizing the level of economic and scientific development our country is in quadrants that characterize a low level of chances in economic and scientific development. This makes it necessary to improve the system of training highly qualified personnel.

59-67

Authors: Dankevych V. Y., Pyvovar P. V., Dankevych Y. M.

The aim of the article is to study the impact of world trade liberalization on the development of domestic enterprises (using the example of the brewing industry). The conceptual basis for the introduction of liberal regimes for international trade is considered. Modern approaches to simplification of customs barriers to export and import operations are analyzed. The main advantages and disadvantages of liberalization of foreign trade are identified. The beer market in Ukraine and the main trends in it are analyzed. The geographical structure of Ukraine’s beer export and import is investigated. The main stages of the brewing industry entering international markets are considered. The construction of a gravity model makes it possible to make qualitative forecast of the development state of markets for economic agents of the national economy. That is, the gravity model is primarily a tool for modeling trade flows of a particular product among countries. Based on the gravity model, it is possible to assess effectiveness of international trade. In our case, as a result of constructing the gravity model and testing it using forecast indicators, the most promising markets for export activities of brewing enterprises are determined. The gravity model of international trade in beer based on the trade balance is adapted. The constructed model is tested, and potential partner countries for export operations are identified. A set of proposals is worked out for the development of beer export to the recommended countries.

76-88

Authors: Ilyash O. I., Buhaichuk N. V.

The article provides theoretical substantiation and proposes a solution to the scientific problem associated with the elaboration of conceptual, methodological and applied tools for the development of housing and utilities infrastructure, with regard to threats to and opportunities of the economic security system of the state. There determined the influence of the level of development of housing and utilities infrastructure on the realization of national interests and economic security by ensuring high quality of life within the triad of functional components: housing provision; equipment of housing; improvement of outdoor space. An integral assessment of the level of development of housing and utilities infrastructure is carried out; the internal opportunities for the development of housing and utilities infrastructure in the system of ensuring national economic interests with the use of the method of taxonomy are identified. There detected the main threats to the development of housing and utilities infrastructure, in particular, threats to the health and life of the population due to low living standards: low rates of introducing renovation / modernization and reconstruction of outdated housing, low rates of energy efficiency in the housing and utilities sector of Ukraine. Using the method of taxonomy, internal opportunities for the development of housing and utilities infrastructure in the system of ensuring economic security of the state are identified. The main indicators of the level of development of housing and utilities infrastructure, broken down in accordance with the functional components of security of housing and utilities infrastructure, are generalized to a single composite indicator of the level of development. Using multivariate statistical analysis, there established a direct linear relationship between the component of quality of life in Ukraine and the level of development of housing and utilities infrastructure, in particular, equipment of the housing in the country. A forecast model of the level of development of housing and utilities infrastructure is proposed in order to ensure high quality of life of the population and realize the economic interests of the state. The strategic guidelines of the state policy and applied recommendations for ensuring the development of housing and utilities infrastructure in the field of realization of economic interests, which envisage the improvement of the housing provision, equipment of the housing stock, and the improvement of outdoor space, are defined.

98-105

Authors: Prokopchuk O. A., Kutsmus N. M.

The aim of the study is to assess the effectiveness of investments in agriculture and the impact of investment processes on implementing multifunctionality of the industry under globalization. An assessment of the effectiveness of investments through the prism of the results of implementing multifunctionality of agriculture in the context of globalization processes is carried out. It is established that investment processes in agriculture of Ukraine demonstrate positive development trends and, unlike other sectors of the economy, are more resistant to macroeconomic fluctuations, the impact of which is partially offset by global trends in the world agricultural market development. It is proved that investment activity in agriculture is characterized by an increase in the level of economic efficiency, in particular, as concerns the industry performing a globalization function. This is manifested in an increase in the international trade of enterprises and the value of agricultural exports. The social and environmental efficiency of investment processes in agriculture is low and does not meet the needs of rural population and the significance of agricultural production on a global and national scale. It is argued that a growth in the overall efficiency of investment processes in agriculture requires consolidating efforts of government institutions and industrial entities in the direction of increasing the social and environmental responsibility of the latter. The results of the scientific research constitute the methodological basis for developing proposals to improve the efficiency of investments in agricultural production as a tool for the industry to implement its multifunctional public purpose.

113-122

Authors: Patytska K. O., Koval V. M.

The article argues that the issue of effectiveness of forming united territorial communities (UTCs) lies in the plane of ensuring their ability to develop and requires identifying possible risks that arise in the process of community consolidation. In order to achieve this goal, a critical analysis of the formation of united territorial communities in the Carpathian region compared to UTOs in Ukraine in general is carried out in the context of completion of the first stage of administrative and financial decentralization. A comparison of the level of financial capability of UTCs of the region using individual indicators of local budget fulfillment is made, and the composition and structure of expenditures from local budgets per capita are analyzed, which made it possible to establish patterns in the development of the communities and determine the level of their budgetary provision. The study of the inclusion of cities in the formation of the UTCs allowed revealing two opposite trends: association of rural territorial communities in peripheral areas around cities of regional significance; refusal of suburban rural territorial communities to unite with / join cities of regional significance and formation of the UTCs excluding cities. As a result of the study, risks related to the formation of financially capable territorial communities are determined, and the main directions for their mitigation are identified. The main risks related to the formation of financially capable territorial communities under decentralization include: increased influence of local elites; inability of a significant part of the already created communities to ensure development of the territory and an appropriate level of service provision due to the lack of criteria for the formation of UTCs; refusal of suburban rural territorial communities to unite with / join cities of regional significance and formation of UTCs excluding cities due to the threat of loss of financial and managerial independence. It is proved that mitigation of the risks related to the formation of financially capable UTCs is possible in case of completion of the stage of voluntary association of territorial communities and transition to their conglomeration based on economic expediency, correspondence to public needs and financial soundness according to clearly defined criteria.

132-137

Authors: Danilova E. I.

The aim of the study is to justify the appropriateness of using the Harrington’s desirability function as a tool for integral assessment of enterprise economic resilience using the example of domestic air carriers. The article investigates activities of nine air companies in the Ukrainian market: CJSC AC International Airline of Ukraine, JSC Motor Sich, Windrose Aviation Company, YanAir, LLC Meridian Air Company, LLC SkyUp Airlines, LLC Azur Air Ukraine Airlines, Bukovyna Airlines, Bravo Airways. Based on the results of assessing the degree of economic resilience, it is concluded that enterprises engaged in providing freight transportation services, air companies whose main activity is passenger air transportation stayed in the safe profit zone throughout the study period. All other participants in the aviation market suffered losses, respectively, were in the risk zone, given a critical lack of financial resources not only for the expanded provision of services but also for covering the current needs of operating activities, which naturally leads to an increase in short-term indebtedness, and, as a result, to a growth in an air company’s financial expenses for repaying them. Using the Harrington’s scale to identify the degree of economic resilience of the air carriers revealed that the main resource risk for most air companies is a critical lack of highly liquid assets and short-term financial investments, an insufficient net cash flow. Most Ukrainian air carriers operate at risk and critical risk.

144-151

Authors: Korepanov G. S., Chernenko D. I., Chala T. G.

The aim of the article is the justification of the theoretical and methodological backgrounds for and the development of a conceptual model for managing stakeholder interaction. It is determined that, in Ukraine, the use of a modern conceptual model for managing stakeholder interaction requires unifying approaches to the implementation of the stakeholder theory into national management practice. It is found out that more than 60 % of scientists use the term “stakeholder” without reference to a specific version of the stakeholder theory. The study presents the main groups of stakeholders, which comprise, first of all, clients, employees, local communities, suppliers and distributors, shareholders. Related stakeholders include media; the general public; business partners; future generations; past generations (founders of organizations); scientists; competitors; non-governmental organizations or volunteers; stakeholder representatives, e. g., trade unions or trade unions of suppliers or distributors; funders, except for shareholders (owners of deposits, bonds, creditors); competitors; the government, politicians. Based on the mapping of information and analytical, and methodological support, a conceptual model for managing stakeholder interactions is developed. The model covers the accounting of models of interaction between stakeholders and information resources, the role of the community, the nature of relationships with stakeholders, the methodology for system definition of stakeholder groups, the system of international metadata, and the AccountAbility principles. Using the conceptual model for managing stakeholder interaction is a reliable basis for obtaining competitive advantages for those organizations that, together with stakeholders, are able to effectively create added value, improve the overall efficiency of enterprises and contribute to sustainable development of territorial communities.

159-165

Authors: Mushnykova S. A.

The aim of the article is to justify the theoretical and methodological basis of management of enterprise development security. The article determines that, under modern conditions, the complexity of the functioning of all levels of the national economy, including industrial enterprises, requires revolutionary changes in their management system if an enterprise is considered as a complex multi-structural system. The crisis signs observed over the past ten years can have both negative and positive impact on the transformation in activities of individual enterprises, lead to both development and degradation of an enterprise. Therefore, the theoretical and methodological basis of management of enterprise development security is proposed. The fundamental components of the theoretical and methodological basis of management of enterprise development security include: management goal, objectives, management principles, approaches, management methods and tools, which, in turn, is the basis for the formation of a convergent integrated mechanism for managing development security with a synergistic effect. In particular, the choice of a mechanism for managing enterprise development security is based on appropriate approaches. Along with the existing general scientific theoretical approaches to forming an effective enterprise management system, there proposed approaches to creating a system for managing enterprise development security, namely: aspectual, situational, systems, process, synergistic and systems-synergistic ones. The convergent integrated mechanism with a synergistic effect is based on the process of convergence of all methodological bases of security and development of an enterprise with obtaining a synergetic effect on its individual components.

173-189

Authors: Raiko D. V., Podrez O. I.

The aim of the article is generalizing and clarifying the theoretical basis of social responsibility of industrial enterprises, taking into account the modern concept of sustainable development in Ukraine; developing scientific (two-level assessment procedure) and methodological (calculation of the integral index) approaches to assessing corporate social responsibility. A distinctive feature of these approaches is the consistency of indicators of the influence of environmental factors and components of sustainable development of the enterprise. The article analyzes the essence of the notion of social responsibility, its concepts, principles, motives, advantages of and obstacles to its implementation; the notion “corporate social responsibility (CSR)” is highlighted in the framework of sustainable development. A model for the formation of theoretical and methodological approaches is proposed. The difference of the model from previously developed ones is that social responsibility is assessed by management levels (macro, meso and micro level), relationships with stakeholders, enterprise life cycle, etc. A scientific approach and a procedure for assessing corporate social responsibility in the framework of sustainable development are developed. The procedure consists of two levels. The methodological approach to assessing corporate social responsibility in the framework of sustainable development is improved. It comprises indicators for assessing the impact of external stakeholders on the economic component (first level of assessment) and that of the economic component on the environmental, energy and social components (second level). The indicators characterizing activities of an enterprise to improve the living conditions of residents of the region where it functions are identified. The methodological approach is based on the use of the method of index numbers. The presented developments allow building a socially responsible enterprise, whose activities will be aligned with the sustainable development strategy, coordinated with business partners (stakeholders), and will facilitate carrying out measures to ensure social security and energy supplies for workers and residents of the region and reduce emissions of harmful substances.

197-206

Authors: Tsyhanova О. S., Burlan S. A., Katkova N. V.

The article analyzes activities of the engineering industry of Ukraine in terms of their effectiveness. The study considers dynamic patterns of changes in the volumes of production and sales of engineering products, financial results before tax, net profit (loss) and profitability (loss-making) of operating activities of the engineering industry as a whole and in the context of types of production for 2013–2018. It is revealed that in all areas of engineering industry in the period 2013–2017 their share in the total volume of industrial production fell, although, in monetary terms the manufacturing and sales of engineering products has been growing since 2015. The proportion of sold engineering products in the total volume of sold industrial products for 2013–2016 decreased from 8.6 % to 6.1 %, and in 2017–2018 it rose to 6.9 %. It is determined that the 2014 crisis significantly affected the performance of engineering enterprises: financial results sharply decreased to negative values, the net profit value fluctuated depending on the financial results, operating activities were unprofitable. However, starting from 2015, engineering enterprises were able to adapt to the market and political changes, increase their production volumes and profitability, primarily those engaged in the production of computers, electronic and optical products, and electrical equipment. Thus, in 2014, all industrial enterprises including engineering ones suffered losses; in 2015, only enterprises engaged in the production of computers, electronic and optical products gained profit, and, in 2016, enterprises engaged in the production of machinery and equipment joined them; in 2017, enterprises of all areas of engineering gained profit; in 2018, the profit of the entire engineering industry grew by 88.5 %. Accordingly, in 2015–2017, there observed a dynamic growth in the profitability of operating activities to 9.8 %, although in 2018 there was a decrease by 13.3 %. Enterprises engaged in the production of computers, electronic and optical products, and electrical equipment had the highest operating profit.

214-226

Authors: Iastremska O. M., Iastremska O. A.

The aim of the article is to clarify the theoretical principles of industrial enterprise development management. The study sets the tasks of analyzing scientific approaches to the formation of a categorical and conceptual apparatus for managing development of industrial enterprises; defining the theoretical principles of development management by principles, directions, areas and types of management; developing a model of the mechanism for managing development of industrial enterprises. Based on the study, the concept “industrial enterprise development management” is clarified. It is considered as the process of positive changes in an enterprise, arising under the influence of external and internal environment to fulfill the enterprise’s mission and achieve strategic goals of increasing the level of development in all areas of its activity. To define the theoretical principles of industrial enterprise development management, there determined the necessary criteria – features of classification: by scientific approaches, areas of activity, types of potential, life cycle of the enterprise, types of planning and development. All the features are consistent with the management principles and functions. The implementation of theoretical principles is carried out using the control mechanism. The article proposes a model of the mechanism for enterprise development management, the basis of which is represented by its components, namely: analytical, technical and technological, organizational and economic, administrative legal ones. Each of the components of the mechanism uses its own methods, tools and control levers. The classical management methods (economic; administrative legal; organizational) are supplemented by economic and mathematical ones, computer programs and technologies since, under modern economic conditions, it is impossible to carry out management without using the mathematical apparatus and computer technologies. Management tools are grouped by traditional areas of activity – economic, social and environmental. Each group of tools is detailed in terms of type and control levers. Management tools are selected in accordance with international studies conducted annually by Bain & Company. The tools require specification concerning the normative indicators (control levers) established by the state or the enterprise, with the help of which actions aimed at achieving sustainable development by an industrial enterprise are carried out. Thus, the presented developments allow an enterprise to clearly define the goal, principles, functions, approaches, directions, areas and types of management, build an effective management mechanism to achieve sustainable development as most progressive.

234-240

Authors: Chobitok V. I.

The aim of the article is the formation of the methodology of scientific cognition as the basis for intellectualization of management of enterprise holistic development under the current economic conditions. The article establishes that, in the modern business environment, a significant progress in the development of enterprises is provided by specialists that are intelligent. Against this background, resources are of especial importance, primarily those concentrated within intellectual capabilities of man, which are reasonably considered as the intellectual basis for modernizing the economy through innovative solutions. As a result of the study, the main functions of science are considered. The article proposes a methodology of scientific cognition as the basis for intellectualization of management of enterprise holistic development, which solves a number of relevant problems: development and use of research methods; analysis of methodological paradigms in the history of economic thought; study of the stages of economic research, including the disclosure of the mechanisms of “scientific discovery” in intellectualization of management of enterprise holistic development; analysis of the problem of truth, research of its criteria and methods of confirmation; study of the role of the methodology of scientific cognition in the system of the general methodology of social and natural sciences; examination of worldview standards and ideals associated with intellectualization of management of enterprise holistic development.

250-256

Authors: Krasovskyi M. A., Kudrytska Z. V.

The aim of this article is to study and summarize the principles, methods and value characteristics of generally accepted types of analysis of financial instruments and an alternative type of analysis — behavioral finance, which became relevant due to the development of the digital economy. Development of the economy constantly requires mobilization, distribution and redistribution of financial resources among its spheres and sectors. An important role in the implementation of this process is played by financial markets. Financial markets are a means of ensuring the normal functioning of all economic sectors as well as of combining state, institutional and individual interests; protecting the population’s money from inflation; improving their financial situation. As a result of the study, the main aspects of behavioral finance are highlighted, and examples of the most common mistakes of investors are given. It is proposed to use Sentiment Index to assess the state of the market and more effectively forecast financial instruments. Using this index, government agencies can track financial risks that arise from speculations of media and financial analysts. The results of the study can be of importance for both the investment and political sphere. In the political sphere, instability can have a negative impact on the functioning of markets and pricing of assets within the state and in the international market. If financial risks are accompanied with a change in investor sentiment, this leads to an outflow of capital and financial instability in the country, but using only the method based on building Sentiment Index is not recommended.

267-274

Authors: Pilevych D. S.

The aim of the article is to study the theoretical and applied bases of using blockchain technology in the national accounting system. The article proves that digitalization, as one of the main trends in the development of the national economy, causes a change in business models, approaches to organizing, carrying out and managing a business and also modifies the communication channels between enterprises and partners, regulators and consumers. These changes lead to the need for modernization of accounting as a system for collecting, processing and storing information on enterprises’ activities. The author identifies blockchain technology as a prospect instrument for the modernization of an accounting system; blockchain technology is defined as a distributed database of all transactions carried out by enterprises. The article outlines the priority areas of using this technology in accounting (international settlements; accounting of the asset flow within an enterprise; real-time transaction accounting, etc.). The advantages of using blockchain technology in accounting are transparency, security, reliability, speed, saving time and resources, decentralization, increased trust between system participants, improved workflow, advanced training of accountants and auditors. The author concludes that, despite the high requirements for technical support and modernization of enterprises in the context of the digitalization of the national economy, blockchain technology should become one of the priority areas for the development of the accounting system.

283-289

Authors: Zherеbylo І. V.

Modern changes that accompany all spheres of public life exacerbate the problem of resource depletion, intensify the migration of the population, and thus lead to a dilution of socio-cultural identities. In this sense, the social sphere, within which key human needs are fulfilled, is particularly vulnerable. The complexity of its regulation and development is seen in its polysystemic character, as some components ensure the satisfaction of the spiritual and physical needs of man and society as a whole, while others guarantee an increase in the standard of living, the possibility for reproduction of labor-power and improvement of living conditions of the population. The aim of the article is to deepen the theoretical and methodological foundations of the social policy of the state as a regulator of the development of the social sphere in the context of socio-economic progress. The essence of social policy is revealed, the methods of its implementation and its structural components are described. The result is a proposed own vision of the considered concept. On the basis of studying the experience of foreign countries, social policy models are systematized and their peculiarities are determined. It is shown that the object of social policy is social relations, social life processes and social needs, which together make up the social sphere of the country. Emphasis is placed on the practical aspect of social policy implementation, which involves using both methods of market self-regulation and methods of direct and indirect state intervention. It is noted that the concepts of social cohesion and social capital occupy a noticeable, sometimes contradictory place in the social policy of the country, while social capital reduces the structural and mediating dimensions. It is shown that the key objective of social policy in the health care system that takes into consideration social cohesion is the maintenance of relations between citizens and institutions.

298-304

Authors: Holubova H. V.

The growing use of cloud computing, social networks, mobile technologies and big data techniques is leading to increased opportunities for both carrying out scientific research and implementing practical tasks. Researchers are faced with a large amount of data created by social networking platforms, the diversity of which is further enhanced by the mixing of social networking platforms and new features of the Internet. The relevance of big data and social media is growing, but the scientific literature lacks conceptual tools and approaches that would help researchers structure and codify knowledge from big data of social media in various subject areas. Researchers do not have a common plan for understanding data and a complex network of relationships between entities, social networks, social platforms and other third-party databases, systems and objects. This problem is even more complicated when entering spatio-temporal data. The article provides a common framework for studying social media using big data. The author presents five analytical directions: space-time analytics, intranet analytics, internet analytics, platform analytics, and third-party data analysis. In these areas, three perspectives are identified — perspective of the account, perspective of the content, and perspective of the network. This material is intended to help researchers focus their study in a specific area of the discipline, using social media data sequentially.

312-324

Authors: Manoilenko O. V., Sergienko O. A., Gaponenko O. Y.

In the article, models for assessing the innovative potential and results of innovative activity of enterprises in Kharkiv region are built, which makes it possible to classify enterprises according to the degree of development of their innovative potential and results of its use. Innovative potential is considered as an integral characteristic of innovative resource support for a production system, which is the sum of human, industrial, technological, financial, structural, scientific and technical, resources that facilitate innovative activity. A scale is developed for assessing innovation activity and susceptibility of industrial enterprises to innovation (innovatively active enterprises (IAE); susceptible to innovation enterprises (SIE); insusceptible to innovation enterprises (IIE). The presented allows for building a model of innovative activity of enterprises taking into account interaction of enterprises and evaluating the impact of government stimulation of innovation on increase in the number of innovatively active enterprises. Using the panel data analysis, a model of financial effect of the number of innovatively active enterprises is built. The developed model is used to predict the results of stimulating innovation activity in the region and to form scenarios for stimulating innovation in regions. To assess the impact of state stimulation of innovation activity on growth in the number of innovatively active enterprises and to evaluate income from the implementation of innovative activity, a model of innovative activity of enterprises that takes into account the probabilistic nature of the diffusion of innovation as a result of interaction of enterprises is constructed. It is found that as a result of the impact of innovatively active production enterprises and SIEs on an IIE, the probability of diffusion is 0.5; i.e., in 50% of cases, the production system passes into the class of production systems that are susceptible to innovation.

332-339

Authors: Chernova N. L., Poliakova O. Y.

In the modern world, derivatives on leading stock indices are very often the focus of attention of portfolio investors. Inclusion of such tools in a portfolio actually allows investing immediately in the economy of a particular country or its individual sector. The aim of the work is the formation of an optimal investment portfolio containing derivatives on stock indices of countries with mature and emerging stock markets. To achieve this goal, the study solves the following tasks: two optimal portfolios — the portfolio containing indices of developed countries and the portfolio containing indices of emerging countries — are formed; the mixed portfolio containing indices of both sectors is formed; a comparative analysis of the effectiveness of the resulting portfolios is carried out. To obtain an optimal portfolio structure, the Markowitz model is used. The results of applying this model allow to draw the following conclusions regarding the investment attractiveness of the stock market of mature and emerging economies. In terms of portfolio risk level, it is possible to obtain a couple of portfolios, one of which would contain only assets of mature markets, and the other — only assets of emerging ones. However, in this case, the level of profitability will be significantly lower in the portfolio consisting of assets of the mature sector. The mixed portfolio provides a much wider range of alternative investment options based on the efficient frontier, both in terms of the risk and profitability criterion.

374-381

Authors: Chunytska I. I.

The aim of the article is to study the financial market of Ukraine, which has an unrealized infrastructure potential. For its realization, it is necessary to choose an appropriate strategy since constant changes in the development vectors will contribute to further destruction of the infrastructure potential. The weightiness and priority of methodological support in determining the strategic directions of the financial marketdevelopment are proved.Based on defining individual levels of implementation of financial relations and taking into account causal relationships that accompany the functioning and determine cause and effect changes in such relations, it is proved that these determinants form the methodological bases of strategic directions for the financial marketdevelopment. It is proposed that the theoretical and methodological bases of the development of this strategy include provisions reflecting the modern transformation of financial resources in the unity of the aspects of their formation, distribution and redistribution as basic ones.Their subsequent application requires taking into account the level of the financial market in the context of its individual segments with regard to the needs of its self-development and self-regulation.This allows to more objectively reflect the processes occurring in the system of financial relations and to form the basis of strategic directions for the financial market development along with the strategic development of the financial system as a whole. When implementing the essential, quantitative and qualitative transformations of the conditions of individual segments of the financial market, which have their own laws and infrastructure, and combining their potential into an integrated system, there is a real opportunity to direct the infrastructure potential of the market currently ensuring its functioning towards enhancing its strategic power.

14-20

Authors: Dogadina V. Y.

The main directions in the functioning of the modern market for educational services are identified based on the analysis of trends and factors determining changes in their specific characteristics. The features of the functioning of the modern educational services market are analyzed, the main trends are revealed, the key problems are identified. It is established that, at the present stage, an especially important factor in social and economic development is investing in education since this is the most effective means for carrying out social changes that can ensure a stable economic progress. It is found that the directions and trends in the development of the educational services market in each country are defined by the strategy, specific priorities and goals. It is determined that in the context of the transition to e-commerce and the digital economy, the performance by education of the functions of a special mechanism for transforming the economy requires improving the efficiency and quality of educational services. It is established that, over the following decade, when the financing of educational services in Ukraine is becoming more stringent, and educational policy is being used as a political lever, educational institutions with limited funds tend to use commercialized methods to promote their service offerings with greater intensity. This suggests that people will face many options when choosing an education service, which means that the probability of making nonoptimal choices will simultaneously grow. Based on the results obtained and using effective training technologies, the main trends in the development of the educational services market are determined. The modern prerequisites for the emergence and implementation of innovative teaching methods are considered. The practices of rendering educational services that meet current principles of quality education, prepare for changes and provide flexibility are described. It is concluded that the processes of globalization and the formation of the knowledge economy significantly affect the functioning of the educational services market and the structure of the labor market, thereby increasing the dependence of effective professional activity of a person and his/her successful employment on the level and quality of education. Therefore, there is an urgent need for the formation of relevant competencies and skills and the reorientation of educational services in order to meet the requirements of the digital economy.

33-40

Authors: Aksonova I. V.

The labor market is an important component of any national economy since it forms the qualitative and quantitative parameters of the necessary labor force, on which the possibilities of structural transformation and dynamic changes in the country’s economy depend. In this regard, studying the labor market environment based on continuous monitoring of labor supply and demand and assessing their impact on the situation on the national and regional labor markets is relevant. The aim of the article is to conduct a statistical analysis of the main development trends in the Ukrainian labor market and assess the pressure of various socio-demographic groups of population on its formation and development. The methodological and informational basis of the study is scientific monographs, which highlight problems of the development of the modern labor market, materials from periodicals and Internet resources on these issues, statistical information from the websites of the State Statistics Service of Ukraine, the State Employment Service, and the Ministry of Finance of Ukraine. In the course of the study, the following methods are used: the generalization method, statistical methods of grouping, comparison, coordination, analysis of structure and trends. As a result of the study the population groups forming the labor market are identified; the analysis of the behavior of the main demographic indicators characterizing the labor market and affecting its formation is conducted; trends in the indicators exerting pressure on the labor market are considered; the correlation of demand, supply and employment of labor in dynamics is analyzed; a comparison of the regions of Ukraine in terms of the correlation of the number of unemployed, vacancies and average wages for the vacancies is carried out. Prospects for further research in the area of formation and regulation of the modern labor market are to assess the impact of the quantitative and qualitative structure of labor migration flows on the state of the Ukrainian labor market and the development of the country’s economy as a whole.

47-54

Authors: Savchenko M. V., Shkurenko O. V.

The aim of the article is to identify trends in and prospects for the development of the agricultural commodities market in a globalized economy. As a result of the study, it is found that identifying and investigating the development directions of the domestic agricultural commodities market are important tools in the system of measures for increasing competitiveness of agricultural commodities, forecasting development of the industry and adapting it to trends in the global agricultural commodities market. Based on the data for the period 2012–2016, the trends in the exports and imports of agricultural commodities in Ukraine are analyzed and the following features revealed: a decrease in exports with a simultaneous decline in exports of agricultural commodities; the main market for Ukrainian agricultural commodities remains the Asian market. It is established that in the global perspective, agricultural commodities markets stay well balanced due to the positive trends of maintaining high export opportunities of countries and relatively stable world prices. The predicted values of the world Agricultural Price Index up to 2024 are obtained. To improve the position of Ukrainian producers in the global agricultural commodities market, the following set of measures is proposed: developing innovative production technologies and improving the technical equipment in branches of the agricultural sector in order to enhance the quality of manufactured products to meet international standards; facilitating cooperation and integration of agricultural producers; improving logistics in promoting Ukrainian products on the world market in order to avoid losses in price and quality; developing transport infrastructure; ensuring state support for large-scale export-oriented production.

62-71

Authors: Zhabynets O. Y., Sukhyi O. O.

The article analyzes features, trends and patterns, as well as structural changes in international trade in services in cities of regional significance in Western Ukraine under globalization. In particular, trends in export-import of services in both in the Western region of Ukraine and the country as a whole are analyzed, the correspondence of the development trends in international trade in services (exports and imports) in cities of regional significance to the general trends characteristic of the relevant regions is analyzed, the level of export orientation of the services sector in the cities and their contribution to the development of export-import activities in the relevant regions is assessed, an analysis of structural transformations in the export of services in the cities of Ivano-Frankivsk, Chernivtsi and Rivne is carried out. It is found that, against the background of a general decline in exports and imports of services in Ukraine for the period 2012–2017, in the Western region, the export of services almost doubled, and the trends in international trade in services in most of the analyzed regions were similar to those characteristic of the Western region of Ukraine. The key role of cities of regional significance in the import of services to the relevant region is proved, in contrast to the export of services, where other (smaller) cities of some of the analyzed regions are engaged in realizing their export potential. The growth in the level of export orientation of the services sector in the majority of the analyzed cities of regional significance in the Western region of Ukraine and intensification of their export activities are confirmed.

81-87

Authors: Morhachov I. V.

The article focuses on the fact of underestimating engineering organizations in the regulatory framework and statistical accounting as an important component of infrastructure support for regional innovation processes. The systemic problems of participation of engineering organizations in the intensification of the processes under study are highlighted, and measures to address them are identified. The aim of the work is to substantiate the hypothesis of the underestimation of engineering organizations as components of infrastructure support of regional innovation processes in Ukraine and clarify the real role of these organizations. The possibility of using performance indicators of engineering organizations as those for identifying the trend of de-industrialization of regions and the national economy is specified. A downturn in the number of employees in engineering organizations and the number of the organizations, which indicates deterioration in infrastructure support for regional innovation processes and decrease in their intensity level, is revealed. The real role of these organizations in regional innovation processes is clarified; the need for their integration with scientific organizations and each other in terms of creating databases and coordinating the implementation of scientific work, as well as improving the statistical accounting of infrastructure support for regional innovation processes in the direction of detailed coverage of engineering industry indicators by region is justified. This allows improving the quality of monitoring state support for regional innovation processes. In the proposed scheme of co-operation of engineering organizations and scientific organizations, the former should become the commissioners of the work aimed at practical implementation of innovative ideas in the design and estimate documentation.

96-102

Authors: Yakimenko O. V.

The paper notes that one of the current priorities of Ukraine’s regional policy is to identify regional development problems and implement measures to solve them. At the same time, the actual absence of particular ways, both theoretical and practical, for addressing these problems, the outdated regulatory framework significantly limit the ability to comprehensively consider the wide range of issues related to regional development in Ukraine. In the course of the research, theoretical bases are generalized, and methodological support for the regional development strategy of Ukraine is developed. It is pointed out that today the strategic planning of regional development in our country is only being formed. Unfortunately, the practices and experience of European Union countries are not fully taken into account, there is no sufficient theoretical and methodological support for strategic planning of the development of territories, and the regulatory support for this process is being improved very slowly. It is established that a very important condition for the implementation of the regional development strategy is coordination and concurrence of actions of all subjects in the regional economic space – business and government of all levels – and the unification of all the positions necessary for strategic planning based on reliable information about their intentions. It is concluded that the current system of strategic planning, unfortunately, does not ensure the coherence of the macroeconomic, regional and sectoral aspect. In this regard, there is a need to improve the management system at the regional level, which should occur through reforming the public administration system and the development of local self-government as the most priority area for the implementation of public policy. The study confirms the practicality of searching for new approaches to achieve an effective formation and implementation of the regional development strategy to solve problems of territorial development, taking into account the positive experience of other countries, especially regarding measures aimed at reducing territorial imbalances, creating regional industry complexes and stimulating their development.

111-119

Authors: Arefyeva O. V., Poberezhna Z. M.

The essence of intellectualization is clarified, and its manifestations in the modern economy are considered. Intellectualization is presented as a feature of the world economic development at the present stage, which is facilitated by the processes of informatization. The influence of intellectualization on the development of the main forms of international economic relations is characterized. General recommendations on improving the quality of their information support are provided. The conceptual, theoretical, methodological and applied aspects of forming the process of intellectualization of enterprises and evaluating its effectiveness in the formation of the intellectual and knowledge economy are improved. Regularities of intellectualization of enterprises as the development of civilization and the intellectual economy are determined. The problem of intellectualization of enterprises is in effective management of the business model in the enterprise to ensure that its characteristics correspond to the current long-range requirements of the enterprise, which are affected by the development trends in the relevant industry. Increasing the level of intelligence of corporate management systems is necessary to meet the needs of an enterprise, namely: the leader needs intelligent business models to transfer management solutions worked out over many years of practice to the field of the latest technologies, to release the intellectual potential for strategic thinking.

127-134

Authors: Vitiuk A. V., Koliadenko N. A.

The main problems in sales of mechanical engineering products are revealed. The basic prerequisites for using electronic trading platforms in Ukraine are analyzed. The essence of the category “electronic trading platform” is disclosed. It is proved that using Internet tools allows enterprises to achieve greater economic efficiency at significantly lower costs. The main electronic trading platforms in the Ukrainian market are identified. The analysis of electronic trading platforms suitable for using by mechanical engineering enterprises is carried out. The advantages and disadvantages of using electronic trading platforms suitable for selling products by mechanical engineering enterprises are considered. The expedience of and prospects for using electronic trading platforms as an instrument to promote sales of mechanical engineering products are justified. The features of mechanical engineering products, which should be taken into account to sell them on electronic trading platforms, are revealed. The key players — operators of trading platforms – in the Ukrainian market and their main users are identified. Objective and subjective reasons of expedience of using electronic trading platforms to sell mechanical engineering products are established. The general trends in the development of e-commerce and mechanical engineering sector are identified. There investigated the work of electronic trading platforms through analyzing the structure and quantity of goods that were sold on them, and the structure and quantity of goods that visitors of electronic trading platforms were searching for. It is proved that sales of mechanical engineering products using electronic trading platforms is significantly limited, but will grow in the future, which may be achieved by differentiating electronic trading platforms depending on the categories of consumers of mechanical engineering products. It is found out that the main reasons for possible intensification of sales of mechanical engineering products via the Internet are a continuous ramping up of network users visiting the platforms; growth in the consumer commitment to the implementation of information technologies; expansion of sales potential by covering new segments of the market, other than the common ones, as well as attraction of customers to segments that are new for them.

142-148

Authors: Prokhorova V. V., Mushnykova S. A.

The aim of the article is the theoretical justification of the relationship of safety development culture – communication culture as the basis for intellectualization of the management process. It is determined that the main source of any culture including the culture of enterprise management is human activity, which acquires meaning in close relations with society, its habits, foundations, traditions. Moreover, social behavior of a human is not in his/her nature, but is formed by individual society, depending on many spatial and temporal features including those of enterprise activity. The basic elements of culture comprise material and spiritual values that characterize the organization of activities and management of an enterprise including the interaction of its members. It is determined and proved that the communication culture at each particular enterprise is the basis for forming the culture of management of its development safety, built on fundamental principles, namely: spirituality, education and upbringing, with the safety culture and development culture being the constituent elements of the culture of development safety management. Based on this, the term “culture of enterprise development safety” is defined as a set of relevant characteristics, rules, norms, and characteristics of enterprise activity, taking into account the psychological behavior and professional skills of individuals responsible for making managerial decisions, in accordance with their priority and significance. Based on the results of the study, there proposed communication dimensions to rely upon in the management process, namely: adaptation; coordinated management of value or rules; rhetoric; constructivism; social categories and circumstances; or conflict. The choice of the dimension of the communication culture and orientation towards it will provide an opportunity to determine qualitative aspects of the selected culture of management of enterprise development safety and increase the level of intellectualization in managerial decision-making.

156-162

Authors: Kyzym M. O., Doronina M. S.

In Ukraine, the problem of social consolidation, the current state of which does not allow for a meaningful forecasting of its future, is getting more urgent. Many publications propose recommendations for solving this problem through a permanent diagnosing of mechanisms for the formation and development of worldview resources. The world around a person is continuously and abruptly changing and requires developing scientifically based mechanisms for conscious adapting of a person to it. The aim of the article is generalizing the prerequisites for the creation of theoretical and methodological support for harmonizing the development of a worldview, social consolidation and science in Ukraine. Worldview creates for a person a general view of the outside world he/she is guided by when making important decisions and committing acts of social significance. Studying worldview allows determining what social patterns should be built in Ukraine, how to organize the constructive discussion of the way of solving the current problems by people with different worldviews; will help adapt the system of dialectical principles that are traditionally used by scientists in Ukraine to studying worldview. The article presents the definitions of the basic categories of the topic under study, the attention being focused on the dependence of the worldview orientations and the model of behavior of a person, first of all, on his/her financial standing. Solving complex tasks set by the internal development of our society and the international situation puts forward a pressing issue of forming a systematized scientific worldview. Tackling problems of worldview of a society can be facilitated by revision of the concepts of building its scientific and educational spheres. Worldview management should be oriented not towards standard functions and principles of management but towards the formation of conditions for enhancing internal conscious sources of people’s desire to carry out their own unique ideas in practice. The processes of consolidation and solidarity are implemented both in society as a whole and its scientific sphere, in particular. They are manifested in their full in schools of thought.

172-178

Authors: Zhytar M. O., Sosnovska O. O.

The aim of the article is to study the paradigm of formation of modern financial architecture. It is proved that the paradigm of economic development in the context of a systemic crisis of management mechanisms is the designed format of the financial architecture to increase the predictability and manageability of the global financial system; trends in its development are identified. The systematization of generalizations of theoretical aspects concerning the paradigm of formation of modern financial architecture is presented. It is substantiated that the scientific investigation of the paradigm of formation and development of financial architecture in the context of financial development can serve as the basis for further research on the impact of financial development on economic growth of the national economy, with consideration for the role of financial architecture in this process. In this regard, the issue of modern financial science of XXI century is becoming relevant. It is concluded that the paradigm of formation of modern financial architecture can become the basis for studying organizational and methodological support to form the financial architecture of the Ukrainian economy, identifying modern trends in its development, presenting methodological approaches to analysis of transformations of financial architecture and considering the impact of financial globalization on the formation of the financial architecture of the national economy. Using a theoretical analysis, based on the Finance-Growth Nexus-FG model, the existence of a relationship between the degree of development of the financial architecture of the national economy and the level of economic growth of the country is revealed. It is determined that a stronger positive relationship is characteristic of countries with lower rates of economic development, a decrease in the degree of responsibility of dependence is characteristic of countries with a higher (complex) level of development of the financial system and financial architecture.

186-192

Authors: Rudyk N. V.

The aim of the article is to study the need for conducting tax audits of small and medium-sized enterprises (hereinafter referred to as SMEs) in the context of preventing tax evasion. The types of tax audits envisaged by the Tax Code of Ukraine (TCU) are systematized. The features of these audits and their key characteristics are detailed. The necessity of implementing previous control measures as preventive control of financial literacy and integrity of taxpayers is substantiated. One of the options for conducting such monitoring by taxpayers on their own using the means of the taxpayer electronic account is given. The features of taxpayer activation through an electronic digital signature are detailed. The activation stages are presented as a step-by-step instruction. Using the example of the common tax and the unified social tax, the inconsistency of tax legislation and its interpretation in the taxpayer electronic account is demonstrated. The mechanism of working in the mentioned electronic resource is visualized. Possible directions for tax authorities’ preventing the occurrence of tax violations by SMEs are examined. They are grouped into 3 areas: training for taxpayers, simplification of the taxpayer electronic account, transparency in using the taxes paid by them. The development of effective taxpayer accounts requires using modern interface design. The account should be built based on the principles of maximum functionality and user-friendliness. This can be ensured through competent setting of technical requirement both for the developer selected by the state and third-party organizations, if they are provided access to the information through the API. In the second case, there is a wide range of interested organizations, such as banks and payment aggregators, the competition among which is a potentially effective tool for improving services.

200-208

Authors: Pankova O. V., Kasperovich O. Y.

The aim of the article is to justify the methodological bases for the elaboration and implementation of effective communication strategies for interaction of agents of socio-economic development, taking into account the impact of digital transformations. In this context, the authors consider the specific features of modern Ukrainian society and the impact of digital transformations on the interaction of agents of socio-economic development, including the negative impact on the processes of communication in society, which significantly limits the possibility of social dialogue in society and, accordingly, requires response from authorities, public, business and the scientific community. It is determined that there is a need to improve the methodological bases of the formation of communication strategies for interaction of agents of socio-economic development. The study substantiates the main areas for improving the existing methodological approaches to the elaboration of communication systems of agents of socio-economic development, in particular, transition to the platform of socially responsible partnership as a socio-innovative system for organizing interaction of social actors combining the principles and mechanisms of social dialogue with those for ensuring social responsibility. The structural components of the information and communication environment are analyzed, with special emphasis made on social factors of communication, in particular – issues of trust, informedness and motivation for interaction. The key methodological bases for the development and implementation of a modern communication strategy in the context of digital transformations are identified.

216-222

Authors: Fesenko V. V., Myhal Y. I.

The aim of the article is to analyze international practices in the field of auditing and controlling transfer pricing and determine the directions of its use in the practice of auditing and controlling in Ukraine. The globalization and European integration processes taking place in Ukraine have resulted in supplementing its legislation with international norms and rules in the field of preventing tax fraud in enterprises due to transfer pricing. The chronological sequence of introducing control over transfer pricing in different countries of the world is determined. Based on the analysis of international practices in the field of controlling transfer pricing, it is found out that 33 countries use the uncontrolled price method as a priority one, 9 countries use methods that differ from those recommended by the OECD Guidelines, 5 countries regulate the sequence of applying the methods, 2 countries do not use any of transfer pricing methods, and 2 countries use all the existing transfer pricing methods. The practices of foreign countries that have significantly improved their legislation as regards auditing and controlling transfer pricing can become the basis for the formation of an effective system of independent and state audit and control of transfer prices. The analysis of the legislation of various countries in the field of transfer pricing control and their practices allowed identifying diverse control methods, types of restrictions for external operations and types of controlled prices. This indicates the specificity of implementing transfer pricing control depending on the level of the country’s economic development, practices of tax control of the majority of powerful corporations, and the degree of involvement in international trade.

231-238

Authors: Chala T. G., Hrynchak N. A.

The aim of the study is to develop a methodology for constructing series for distribution of patents based on selected characteristics, to analyze patterns in the structure of logistics processes and structural changes in them as an information base for a statistical study of technological trends in logistics. It is determined that research on technological trends is becoming very relevant for developing a successful technological strategy in logistics, taking into account the strategic importance of identifying opportunities for and threats to technological development while achieving sustainable competitiveness in the logistic market. Given the rapid pace of development of technology, both in logistics and related fields, logistics service providers need methodological support and relevant patent data to facilitate research on technological trends to increase their competitiveness. It is determined that using the method of expert assessments, qualification and company analysis in studying technological trends in logistics under modern conditions is ineffective, while statistical study of technological trends based on patent analysis in logistics is underestimated. The necessity of a statistical study of technological trends in logistics using a 4-stage methodology for conducting patent analysis is substantiated. The proposed methodology involves the use of the Latent Dirichlet Allocation (LDA), which allows determining the logistics related technological topics behind patents. In addition, information on technological topics and their trends, obtained as a result of the proposed methodology for patent analysis, will help to better understand the technological landscape in logistics.

250-256

Authors: Blahun I. S., Leshchuk H. V., Kyfor M. V.

The aim of the article is to study and analyze trends in the development of the tourism sector with the application of econometric modeling and forecasting methods, using the example of the Ivano-Frankivsk region. The paper analyzes the current trends in tourist flows using the example of Ivano-Frankivsk region in the following areas: total number of tourists served by tour operators and travel agents; number of domestic, outbound and inbound (foreign) tourists. Based on exponential models, which are relatively easy to implement, forecasts accounting for the choice of the final form of the models with the use of the criteria of the minimum mean square error or damped forecast are built. By means of a linear trend model with additive seasonality, additive seasonality indicators are calculated for the variable which reflects the number of tourists visiting Ivano-Frankivsk region. Based on the Winters model, there performed a forecast of the number of tourists who rent rooms in tourist collective accommodations, which made it possible to determine actual retrospective values and forecast the number of tourists in 2020 in Ivano-Frankivsk region.

264-271

Authors: Kotsyuba O. S.

The article deals with the development of a methodological apparatus for quantifying the degree of economic risk in modeling uncertainty with the usу of fuzzy set theory. The study implements the task of further development of a fuzzy set method for risk measurement based on a probabilistic analogy for a case of simultaneous fuzziness of estimates of the criterion economic indicator (criterion) and its standard, which allow for a presentation form that is interval in terms of levels of membership ( levels). As part of this, an appropriate calculation model is formulated. Furthermore, the work pays attention to the situation when both the criterion and its standard are modeled by fuzzy values with a high degree of arbitrariness of their structure, which does not allow an interval, in terms of levels of membership, way of representing them. Within the methodological approach, based on the probabilistic analogy, a possible computational design is proposed for this purpose. Along with the above mentioned, the study distinguishes as practically significant a combined situation, when the structure for fuzzy assessment of the criterion economic indicator is characterized with a high degree of randomness, while the assessment of its standard assumes a presentation form that is interval in terms of membership level. Moreover, possible calculation model is formulated for the above statement of the problem under study. As a promising area for further scientific research on the problem field considered in the article, there identified studying and developing tools to support decision-making in management of economic systems that allow handling simultaneously different types of uncertainty.

277-285

Authors: Potrashkova L. V.

Decision-making on corporate social responsibility (CSR) should be based on assessment of consequences of the enterprise’s activities both for the enterprise itself and its stakeholders. To assess these consequences, mathematical models of social responsibility of an enterprise taking into account the specifics of the enterprise’s activities should be developed. The aim of the study is to formulate conceptual requirements for displaying the characteristics of CSR in microeconomic simulation models as well as to build on this basis a simulation model of social responsibility of a printing plant (printing house). To achieve this goal, the study forms the requirements for building simulation models of social responsibility of an enterprise, in particular, those to the composition of their factors and responses. It is proved that many factors in these models should contain indicators of cost, quality, ecological and resource safety, as well as indicators of suitability of resources to meet the needs of persons with disabilities. The set of responses in the models should contain indicators reflecting satisfaction of various needs of stakeholder (concerning financial issues; quality of life; development) as well as indicators of reproduction of the enterprise’s potential. The relationship among these resource indicators and the enterprise’s performance is revealed. A typical diagram of cause-effect relationship among enterprise’s activities with regard to social responsibility is formed. To describe the relationship among the characteristics of resources and the level of social responsibility of the enterprise, it is proposed to use fuzzy logic tools. Based on the presented conceptual requirements, using Matlab Simulink tools, a simulation model of social responsibility of the printing house is built, which allows assessing consequences of the enterprise’s activities with regard to social responsibility both for the enterprise itself and its stakeholders. In the developed model, indicators of cost, quality, ecological and resource safety that correspond to the specialization of the enterprise are used. The estimation of ecological safety of the printing house is obtained by implementing the fuzzy inference process in the model.

293-305

Authors: Shapran E. M., Sergienko O. A., Sosnov I. I.

The study deals with solving a set of tasks aimed at improving management of financial and credit mechanisms, and lending processes for business entities in the agricultural sector by creating effective tools to support assessment, analysis, planning and managerial decision making with the use of modern economic and mathematical methods. The proposed multilevel structural models of scenarios for development of entities in the agricultural sector of the international trade market under risk are presented as directions for enhancing financial security to improve lending to business entities in the agricultural sector. For the development and implementation of scenarios for managing creditworthiness of business entities under internal and external risks, the paper presents an algorithm for making managerial decisions to ensure efficiency and effectiveness and achieve a synergistic effect at all levels of management. The developed tools for forecasting entities in the agrarian market will help to reveal the consequences of the influence of factors forming organizational and managerial potential using the method of “future scenarios” in the form of a cube of situations. Structural three-level models of scenarios for the development of credit activities of business entities under risk in the analytical and graphical aspects are proposed. The elaborated models take into account the totality of interconnected processes to increase the level of creditworthiness in the area of improving the credit policy. A set of management measures depending on the variant of the credit management strategy is given as a systematized list of standard financial decisions. Methodological developments and recommendations for modeling scenarios for development of entities in the agricultural sector of the international trade market under risks can be considered as directions for increasing the level of financial security of agricultural enterprises.

11-22

Authors: Khaustova V. Y., Reshetnyak O. I.

The aim of the article is to study the state of the scientific sphere and trends in its development in countries of the world and Ukraine and to determine the directions of the science reform that the Ukrainian economy needs. Based on the methods of logical, statistical, graphical and correlation analysis, the paper examines the state of the scientific sphere and trends in its development in Ukraine in comparison with the world trends. The article studies the behavior of the main indicators characterizing scientific activities of countries of the world, namely: costs of funding scientific (scientific and technical) works, share of expenditures on funding scientific (scientific and technical) works in the GDP, structure of funding, share of executors of scientific (scientific and technical) works in the total population of the country, number of applications and patents, number of scientific publications. The carried out analysis showed that the current state of and trends in the development of the scientific sphere in Ukraine, the level of its technological and innovative advancement testify to their inconsistency with the global transformational economic processes that have been occurring in recent decades, which indicates a high likelihood of Ukraine’s impossibility of keeping pace with the international scientific, technological and innovative progress. Moreover, the existence of a significant direct correlation between the level of GDP per capita of countries of the world and the indicators characterizing development of the scientific sphere is determined. It is concluded that the economic status of the country can be improved by ensuring development of science. The study allows to argue that the Ukrainian scientific sphere requires an immediate reform in order to ensure efficient economic growth. This process should be centered around determining the priorities of economic growth, based on the development of the scientific potential of the country, and aimed at creating conditions for the transition to an innovation economy. The directions for reforming the scientific sphere in Ukraine are proposed.

29-36

Authors: Voloshan I. G., Mazorenko O. V., Pysmak V. O.

The article considers the problems of promoting the export activities of Ukraine. One of the tasks of the state in the context of European integration is the development and improvement of export activities of Ukrainian enterprises, which is impossible without measures to support and promote it on the part of the state. The integration of Ukraine into the European Union has contributed to the emergence of an objective need for reforming customs legislation and rethinking the methodology of its customs policy, as an element of the state policy for the protection of the national borders and security of Ukraine. The aim of the article is to justify the promoting effect of the customs regimes in Ukraine, the commodity structure of exports and the logistics component on the development of an export-oriented economy in the context of balancing the interests of exporters and the state under conditions of intensified foreign trade. In the framework of the study, the customs policy of Ukraine is analyzed, the essence of a customs regime is revealed, and the types of customs regimes are determined. The analysis of customs regimes in Ukraine showed that one of the most used ones is export. Furthermore, the structure of Ukraine exports is investigated, the top 10 current product groups are identified, and promising sectors of the economy are described. The comparison of the export structure of Ukraine with the world structure made it possible to determine that the commodity orientation of Ukraine’s exports is consistent with the global trends. Successful functioning in the international trade space is impossible without mainstreaming the logistics concept, continuous development of the functions, methods and tools of international logistics. A review of the regulatory support of logistics activities at intensifying exports in Ukraine is carried out and the main conventions on the regulation of international transport are systematized.

47-53

Authors: Danilova E. I.

The aim of the article is to develop a conceptual approach to assessing the level of national economic security based on assessing the economic security at implementing each stage of social reproduction, which allows to identify sources of danger in the key processes of the national economy and evaluate the ability of the existing system of economic security to ensure balance, stability and development at each of the stages. The research methodology comprises: analysis method – to analyze the existing methodology for assessing the level of economic security of Ukraine; systematization – to form indicators of safety of input flows at each stage of public reproduction, indicators of implementation of the stage and indicators of output flows; additive convolution method – to calculate the Economic Security Index for the national economy. The proposed conceptual approach to assessing the level of economic security of the national economy allows to assess the economic security at implementing each stage of social reproduction and the national economy as a whole as well as to identify the compliance of the state of the economy with the safety criteria, namely: balance, stability, development.

61-67

Authors: Evtushenko V. А., Kudinova M. М., Siladi K. B.

The aim of the article is to determine the main guidelines for the movement of startups in Ukraine as well as to study and assess the existing experience of working with international organizations whose activities are aimed at developing youth entrepreneurship and national higher education institutions (universities) to improve and deepen the cooperation. The essence of a startup is disclosed in the article, various definitions of the term “startup” are considered, the main trends in the development of the startup movement in Ukraine in general and youth entrepreneurship in particular are highlighted. Furthermore, the authoritative Global Startup Ecosystem Ranking is analyzed, and its evaluation criteria are given; the ranking of countries in terms of the number of startups and the Global Innovation Index is considered. Famous Ukrainian startups are studied, and their brief description is provided for a clearer understanding. The foreign experience in building ecosystem infrastructure, in particular, the experience of Singapore and Beijing, is reviewed. In addition, the national ecosystem for supporting youth start-ups in Ukraine and its main areas are analyzed. Moreover, the most important ecosystem projects are described, and their essence is determined. Examples of effective interaction between Ukrainian universities and international business incubators are given, in particular, the activities of the Innovative Ecosystem Sikorsky Challenge, a program aimed to support innovations and startups, at universities, and the positive experience of cooperation in the development of youth startups between the network of international academic business incubators YEP and the Faculty of Economics of V.N. Karazin Kharkiv National University is presented. The main activities of the business incubator, the history of its functioning are studied, and the opportunities that students receive while working with YEP in each of the presented directions are described.

77-83

Authors: Boniar S. M., Alyabieva O. M.

Scientific aspects of the development of the concept “innovation” are considered. Works of foreign and Ukrainian scientists, namely, C. McConnell, S. Brue, Ph. Kotler, B. Rayzberg, P. Lemerl, S. Illiashenko, P. Mykytiuk, and others, are analyzed. The researchers associate innovative development of an enterprise with a constant search for innovations and their implementation to provide a possibility for more effective enterprise management. Based on the existing scientific approaches to the concept “innovation”, the authors propose a definition of the term “innovation” with consideration for the specificity of seaports. It should be noted that innovative development is influenced by numerous factors that either contribute to the development of innovations or hinder their implementation. After analyzing works of researchers engaged in studying factors that affect innovative activities at different economic levels, namely: S. Illiashenko, L. Goncharenko, Yu. Arutyunov, M. Rusinko, V. Koyuda, I. Sheiko, I. Rodionova, and others, the authors identified, using the main classification criteria, and proposed the factors influencing performance indicators of enterprises, determined their nature and strength of influence to ensure efficiency of innovative development of enterprises in the modern economic environment.

91-99

Authors: Herasymenko O. O., Herasymenko H. V.

The aim of the article is to develop a science-based practical scenario and argue the content of the main components of grading as a managerial innovation in designing basic wages in high-tech enterprises. The need to improve managerial approaches to forming an effective wage system as a determinant of attracting, securing and using human resources of high-tech enterprises is substantiated. The requirements to the development of remuneration systems in a competitive environment are formulated. The argument for the widespread dissemination of the traditional tariff model of remuneration, which has undergone a deep crisis in the market economy, is given. The need to modernize standard wage systems is noted. The quintessence of the article is the implementation of the theoretical and applied aspects of grading as an innovative approach to remuneration in the management practice of high-tech enterprises with consideration for peculiarities of their human resources and labor processes. It is emphasized that the competencies of the personnel of high-tech enterprises form the prerequisites for ensuring their competitive development. Attention is focused on the fact that labor remuneration, as a component of the complex motivational mechanism of high-tech enterprises, combines management tools that stimulate the manufacturing of high-tech products and high-tech services. A set of factors characterizing the significance of positions in high-tech enterprises is formed, which ensures their correlation with the size of wages. Alternative point factor matrices for assessing the significance of works / positions for high-tech enterprises with the same and different number of levels are proposed. A matrix describing the factors for assessing the significance of works / positions is developed. In the context of the effectiveness of wage systems, the feasibility of combining grading and performance management using key performance indicators is noted. The possibility for providing the differentiation and strengthening of individualization of wages is substantiated.

109-115

Authors: Danko T. V.

Since the 1990s, a gradual increase in scientific interest in international business has been observed in Ukraine, but the number of relevant research works is still relatively low. At the same time, in the rest of the world, the science of international business has made a remarkable path of development since the moment of its emergence in the 1950s. In this context, Ukrainian scientists have the special task of analyzing international achievements in this discipline and, based on this, bringing the focus of their research in compliance with the worldwide requirements at the modern stage of the scientific foundations evolution of international business. Despite a significant amount of international research papers that deal with studying the scientific foundations evolution of international business, there is no single well-established approach to classifying the stages of this process today. This predetermined the aim of the study, namely, to clarify and summarize the key characteristics of the basic stages in the scientific foundations evolution of international business from the moment of emergence of this scientific discipline to the present. The analysis carried out from the perspective of an instrumentalist approach has led to the conclusion that the scientific foundations evolution of international business is inseparable from the international life cycle of this discipline and currently comprises the following four stages: institutionalization; rapid growth; maturity; renaissance. In the article, the time frames of each stage are identified and justified, each of them being comprehensively characterized.

123-132

Authors: Nosovets O. I., Voloshchuk L. O.

The concept of innovation infrastructure is detailed and differentiated using various approaches, the grounds for its relationship with the innovation system in the context of their impact on the formation of innovation results is clarified. The aspects of interpreting the investigated concept of innovation studies by regulatory sources of domestic legislation and international standards are considered; inconsistency of the definitions in normative acts is indicated; the author’s definition of innovation infrastructure is presented; the substantive content of the concept of innovation system in conjunction with the innovation infrastructure is clarified. The essence of innovation infrastructure as a result of innovative activity is revealed, and its place in their formation is indicated. Using the axiomatic principle of transitivity, the list of results of the investigated innovation category as results of the innovative orientation of entrepreneurial activity is also given and justified. The theoretical substantiation of the interdependence and certainty of innovation infrastructure and the innovation system in the context of determining the results of innovation from a position of systematic functioning and certainty by signs of innovation is in-depth.

140-146

Authors: Pryymak N. S.

The aim of the study is to substantiate the areas of introducing strategic change management in an enterprise under conditions of the active impact of the business environment. It is indicated that management of strategic changes in an enterprise is the targeted impact of the management system on the enterprise as a platform of strategic changes in order to transfer it from one state to another (desirable) in accordance with the strategic goals defined by its stakeholders and the conditions set by the environment. It is determined that the introduction of strategic change management in enterprises has a number of features determined, first, by the specifics of this process as an integrated component of strategic management; secondly, the operation of the enterprise as a socio-economic system, within the framework of which the functional of strategic changes is connected with the activity of the human factor and the functioning of the team and participants in the changes. The introduction of strategic change management in enterprises is based on the triangle of strategic changes developed by A. Pettigrew, which includes the context, content and process of strategic change management. To choose the areas of strategic changes in an enterprise, the author suggests four directions of management actions based on the prevalence of the type of change drivers and the strategic situation. Within each of the directions there defined: intensity of strategic changes, duration of the implementation lag, recording the state of resources, level of resistance of the corporate culture to the changes and its state with regard to them. It is indicated that a prerequisite for ensuring an effective implementation of strategic changes is the formation of a fiduciary corporate culture with regard to the changes in the enterprise and the minimization of the risks of introducing and implementing the strategic change management system in the enterprise. The study identifies the following types of risks of strategic changes: personnel, process and technological, resource, market and organizational one.

156-163

Authors: Kyzym M. O., Doronina M. S.

World experience shows that an effective activity of a country largely depends on the correct choice of priorities to support the development of its science, the choice of ways to finance it. Although many publications of scientists partially provide solutions to this problem, methodological and practical justification for a comprehensive study of reserves for the development of domestic economic science under current conditions of the life of society remains relevant. The aim of this article is to summarize the prerequisites for updating the theoretical and methodological support for the formation of the economic basis of Ukraine and identify some reserves for the development of this process. In the course of the research, it was found out that the sources of problems of economic science are: lack of systematization of a significant amount of available economic knowledge, which often creates problems with their practical implementation; still weak efforts on introducing the behavioral models of the economy. It is urgent to update the methodological basis for the accumulation of knowledge at all its levels: philosophical, general scientific, at the level of specific disciplines. There is no systematic procedure for diagnosing the cultural, socially reflective, humanitarian, environmental, moral functions of science. There is a need for a conceptual definition of the essence and content of fundamental and applied research, the choice of their optimal combination in solving various problems of economic theory and practice. The traditional picture of the world in studying economic problems urgently needs to be rationally supplemented with the recommendations of synergetics, capable of finding constructive technologies for establishing order from chaos. Diagnosing the truth of research results should be provided through an understandable professional, qualified expert examination, which can ensure creating a system of criteria to assess a specific subject and obtain a particular result.

171-177

Authors: Romanovska Y. A.

Ukraine is a country with a high level of urbanization, as evidenced by the presented description of urbanization trends in the country and their effect, which makes the study of the city (urban geosystem) important in terms of various aspects. At the same time, one of the directions in the development of the science of economic security at the meso level is the completion of the architectonics of objects of socio-economic security, the basis of which should be elements of the structure of the socio-economic system of the region – region, city, village, etc. The city is the object of study, the nature of origin, evolution and development features of which are described in modern theories of city formation. It is considered in the framework of various approaches (social, economic, social, communication, cooperative), the provisions of which should become the basis for investigating (studying the nature, evaluating and ensuring) socio-economic security of the city. The study of a new object of socio-economic security – the city (urban geosystem) should begin with clarifying the semantic load of the category “city”. Based on the analysis of the existing definitions of the content of the category “city”, there made conclusions that allowed to disclose the content of the studied category in its wide and narrow sense using the concepts of a human-centric idea of the development of society. The features for specifying the generic concept of “city” are presented. It is shown that the urban geosystem, as the basis of the urban system, has a complex structure and is extremely sensitive to the influence of the external environment. Furthermore, its purpose, functions and consequences of functioning are described.

186-193

Authors: Alieksieiev I. V., Paranchuk S. V., Chervinska O. S.

Under conditions of decentralization, especially taking into account the creation and establishment of united territorial communities (UTC), there is a need to transfer financial resources to a different than earlier, primary, level of financing of socio-economic programs. Changing the direction of budgetary funds flows requires studying a number of aspects of the transformation of the budgetary and tax systems. In particular, there is a need to study tax and non-tax flows in the functioning of the united territorial communities. The article justifies the introduction of the concept of tax and non-tax (financial) flows, in particular, in the context of the united territorial communities. It is determined that the use of the category “flows” for tax and non-tax payments or budget revenues at various levels is a first step necessary for further research with the use of economic and mathematical methods. The concept “flow” is more tight-laced in terms of both physical representations and mathematical methods of data processing. The paper suggests introducing the categories of “tax flow” and “non-tax flow” into financial terminology. Tax and non-tax flows (revenues) of the local budgets of Ukraine and the budgets of the united territorial communities are analyzed. The analysis of these revenues in the local budgets of regions of Ukraine showed that all items of revenues increased during the study period, the largest increases being observed for the personal income tax, single tax, corporate income tax and basic subsidy. The data on the dynamic pattern of creating united territorial communities in Lviv region are given. An analysis of the structure of actual revenues and costs of general and special-purpose funds of UTCs of Lviv region is carried out, corresponding calculations are made.

202-207

Authors: Makurin A. A.

Legal regulation of operations with cryptocurrencyies is analyzed. It is found that the lack of control by the state is due to the imperfection of the existing regulatory system. The legalization and recognition of cryptocurrencies allows operations with them to be controlled and regulated as well as considered valid by and among individual participants in this process. In Ukraine, there is still no regulatory document that would regulate operations with cryptocurrencies. These currencies are not recognized in our country; therefore, it is impossible to tax operations in which they are used. The existing practice and approaches applied in many countries allow to develop our own approach to using such modern banknotes. This money has every chance of becoming an integral part of the global economy since some countries have intentions to allow its use and trade. The distinction between the concepts “electronic money” and “virtual currency” is considered. The main approaches to implementing taxation of cryptocurrencies, which depends on how they will be treated, are highlighted. It is established that in terms of accounting and tax accounting the process of cryptocurrency mining is an illegal enrichment. Within the legal framework, it is necessary to recognize the very process of mining virtual currency legal and treat virtual coins as cash. This will necessitate paying taxes on this activity, which in turn will require determining the taxable item and the tax base. Further, the legal approaches to the definition of cryptocurrency in the UK, Canada, China, Japan are analyzed.

217-225

Authors: Tkachuk I. Y.

The aim of the article is to investigate the influence of introducing democratic innovations in Ukraine on changes in the methodology for studying civil society finance. The importance of introducing democratic innovations for the democratization of the state and improving the quality of its governance is revealed. It is determined that the main democratic innovations in independent Ukraine were the referendum; creation of public organizations with the support of international funds, apartment building co-owners associations, endowments, the e-government system; introduction of inclusive elements of society management; social networks and groups in them, etc. The reasons for and normative regulation of the introduction of these democratic innovations are characterized. The analysis of the methodology for studying civil society finance in the historical context is carried out. It is noted that 2006 was a turning point both regarding the reasons for introducing the democratic innovations and the methodology for studying civil society finance. The existence of interrelationship between the introduction of the democratic innovations and changes in the methodology for studying civil society finance is substantiated. The basic principles to be observed when carrying out a modern scientific research of civil society finance are described. It is concluded that there are all prerequisites for implementing a high-quality comprehensive study of civil society finance in compliance with them.

233-239

Authors: Dyka O. S., Prokopenko Z. V.

The study deals with the scientific substantiation for identifying objects of accounting in activities of non-banking financial institutions related to initial monitoring and valuation. The attention is focused on the process of identifying objects of accounting in activities of pawnshops, as a non-banking financial institution, with the aim of developing methodological support for the accounting in pawnshops as well as requirements for pawnshops regarding organizational issues (compliance with legislation on financial services; inclusion in the State Register; internal rules or provisions governing the rendering by the pawnshop of financial and related services; compliance of the foundation documents of the pawnshop with the requirements of the law; presence in the full name of the pawnshop of the word “pawnshop”, etc.) as well as personnel issues. In addition, objects of accounting in pawnshops, including general and special objects of accounting, are identified and differentiated. Moreover, it is found that each of the pledged items is individual and has its own characteristics, among which there are: cost of products made of precious metals and stones is calculated on the basis of the current prices approved by the Ministry of Finance of Ukraine in accordance with the fineness and value of jewelry and coins made of precious metals; provision of financial loans against vehicles is in many ways similar to the provision of similar loans by banks; provision of financial loans against securities; provision of financial loans against property and mortgage loans. It is found that the determination of the value of collateral consists of 2 conditional stages: initial examination of the collateral and the calculation of its value. Also, this process is characterized by a high degree of subjectivity. The impact of the valuation of pledged items on their displaying in accounting operations is determined. Furthermore, the need to display pledge transactions by two types of valuations – by the collateral value and by the size of the loan issued – is grounded.

246-254

Authors: Lutska N. I.

The general provisions of economic analysis of fixed assets under concession are investigated. In view of the need to present the object of the concession by elements of fixed assets, the analyst, first of all, should assess the correctness of their breaking down into individual elements and evaluate the need for the modernization. To this end, forms of reporting, including the analytical sheet of the element distribution of the concession object, are proposed. The analytical sheet has both analytical and accounting character and is formed on the basis of the act or acts confirming that the object of the concession is transferred by the state partner and accepted by the enterprise-concessionaire. The procedure for the analytical assessment of the received concession object by elements is determined. This will allow to establish by how many percent the value of the received object of fixed assets is more or less than the value which was recorded on the balance sheet of the liquidated state / municipal enterprise. The procedure for the analytical assessment of retirement of the elements of the concession object by elements is proposed. This direction of the analytical support for management of operations to modernize the concession object will allow establishing further tasks to be implemented by the concessionaire to acquire fixed assets. To assess the condition of and need for modernization of the concession object and its fixed assets there developed a system of analytical indicators, including: integral coefficient of the accepted value of the concession object by the concessionaire company, element coefficient of the accepted value of the concession object by the concessionaire company; rates of: retirement of the elements of the concession object, need for modernization of the elements of the concession object, need for modernization regarding the elements of the concession object that were taken to the balance of the concessionaire, need for modernization regarding the elements of the concession object with respect to the balance of the liquidated state enterprise, need for modernization regarding the elements of the concession object that retired in the process of transfer and acceptance, need for modernization regarding the elements of the concession object that require modernization). These indicators will allow to analyze the degree of compliance of the accepted concession object with the requirements for operation, and whether it requires the attraction of additional funds for the acquisition of fixed assets.

263-273

Authors: Tkachuk V. I., Kravchuk N. І., Kilnitska O. S.

The article presents the theoretical and methodological discourse of the concepts “food security”, “food insecurity”, “malnutrition”, “hunger” and their complementarity. The levels of food security and its range according to the USDA Food Safety Methodology are determined. The economic, social, political, climatic determinants of food insecurity are identified. The problem of prevalence of malnutrition and hunger in the world is considered. The strategic objectives of Global Food Security until 2030 are considered. The international experience of overcoming food insecurity is studied, and the effectiveness of state social programs is investigated. The importance of Ukraine’s participation in international food security programs is emphasized. The tasks and indicators of overcoming food insecurity in Ukraine by 2030 are described in accordance with the goals of sustainable development, in particular: ensuring the availability of balanced nutrition at the level of scientifically based standards for all segments of the population; increasing agricultural productivity, primarily through the use of innovative technologies; ensuring the creation of sustainable food production systems that contribute to the conservation of ecosystems and gradual improvement of soil quality; reducing food price volatility. The driving forces of food insecurity of the population and the possible ways to overcome them are determined.

281-288

Authors: Skydan O. V., Dankevych V. Y., Dankevych Y. M.

The aim of the article is to study the current state of applying space technologies to monitor land use efficiency. It is proved that under conditions of globalization of the world economy there takes place digitalization and automation of production processes with the application of space technologies and many other innovative transformations that should be considered when carrying out economic activities, especially in agriculture. It is justified that the further development of agriculture and agricultural land use should be planned in accordance with the innovation development strategy, which envisages: increase in the contribution of science and technology to the advancement of land economics; use of space technologies to monitor land use efficiency; enhancement of competitiveness of products on the world market through the modernization and automation of production facilities; widespread adoption of remote sensing technologies. It is established that one of the areas in attracting innovative developments is modern space technologies. The current state of and trends in applying space technologies to monitor land use efficiency are considered at the enterprise and state levels. The introduction of modern space technologies for monitoring land use (EOS Crop Monitoring, GIS Data) in Ukraine is analyzed. It is proved that the application of satellite monitoring makes it possible to accurately estimate the crop areas, monitor the condition of plants at all phases of growth, predict the yield at early stages, control agricultural operations, etc. The access to satellite data for previous years and analysis of huge amounts of information using the latest technologies allow assessing the value of land. There identified prospective land use sectors where modern space technologies should be applied, namely: filling the State Land Cadastre, taking land inventory, forming land resource databases. Practical recommendations on the application of space technologies for monitoring land use efficiency, crop forecasting and pricing analysis based on the experience of the EU and the USA are proposed.

15-24

Authors: Levanda O. M.

The aim of the article is to identify the main directions to improve the regulatory framework for ensuring the living standard of Ukraine’s population. The approaches to the assessment of the living standard in Ukraine and Poland are analyzed. The advantages and disadvantages of the methodology for determining the living standard of the population are revealed. It is established that the Polish consumer basket includes four minimum consumption categories, namely: subsistence minimum, social minimum, social protection floor, family income support. In Ukraine, there is one category of consumption norms – the subsistence minimum without actual costs. As a result, the legislatively established normative living standard lags behind the actual needs of various groups of the population. It is substantiated that the minimum consumption categories in Poland guarantee a person the satisfaction of basic needs both at the constitutional and legislative levels. In Ukraine, the normative living standard is at the level of the poverty line and thus results in excluding part of the population from the accepted standard of living in the society. The shortcomings of the Polish legislation include: term of approval of state social guarantees; threshold value of the indexation of monetary incomes of the population; methodology for measuring the differentiation of living standards. The article presents proposals for the realignment of the measurement of the living standards, target group, and coverage of the population in need of social assistance, with selecting determination criteria close to the EU standards.

31-38

Authors: Vasyltsiv T. H., Lupak R. L., Rudkovsky O. V., Byelikova S. O.

The aim of the article is to substantiate the conceptual provisions for state regulation of the development of the tourist complex as a branch element of the national economic security system. The necessity of state participation in regulation of the development of the tourist complex, which is determined by current trends in the market environment, is substantiated. The theoretical principles of the formation of the system for state industrial regulation are identified, and its impact on the economic security of the state is considered. The characteristics of the components of the development potential of the tourist complex in the system of state industrial regulation are presented. There made a review of the essential characteristics of the concept “state regulation of the development of the tourist complex,” which confirms the lack of a unified scientific approach to determining the basic criteria for measuring effectiveness of state regulation of tourism activities. The elements and sequence of state regulation of the development of the tourist complex, which takes into account the prerequisites, measures, tools and objectives of the regulatory policy of the state in the tourism industry, are determined. The elements of the state policy for realizing the potential and ensuring the economic security of the tourist complex of the state are formed.

45-52

Authors: Ilyash O. I., Blokhin P. V.

The urgency, versatility and complexity of the problem of establishing the economics of peacebuilding in the system of national economic security are a matter of utmost importance for Ukraine, which has become an object of the Russian aggression, and requires a more deep study. The absence in the Ukrainian realities of a relevant study on the problem of the economics of peacebuilding complicates the development of mechanisms for overcoming internal and external threats to the economic security of the country, which necessitates the intensification of scientific research in this area. The article examines the development principles of the economics of peacebuilding, as a tool to overcome the social and economic imbalances in the development of Ukraine, and its impact on ensuring the economic security of the country. An attempt is made to determine the impact of the economics of peacebuilding on the system of economic security of the country in the post-conflict period. It is proved that the economics of peacebuilding in the system of national security is the material basis for the national sovereignty. The results of the study deepen the problem of underdevelopment of economic ties with EU countries. The authors are convinced that the reduction of hybrid threats and risks to the economic security of the country based on the economics of peacebuilding can guarantee the sustainability and stability of the national economy, its ability for self-development and economic progress along with social priorities and interests of the country. At the same time, the achievement of a truce creates new opportunities for the restoration of industrial and infrastructure facilities, attraction of international donors, resumption of economic ties, real support and revitalization of small and medium-sized businesses, formation of a new business model of the national economy. It is concluded that among the national interests of Ukraine in the sphere of economic security the highest priority should be paid to the creation of a competitive, socially oriented economy on the basis of peacebuilding and ensuring a steady increase in the standard of living and welfare of the population.

62-72

Authors: Khaustova V. Y., Reshetnyak O. I.

The aim of the article is analyzing the patterns and trends prevailing in the scientific sphere of Ukraine to identify the main problems in its development. As a result of the study, the main regularities and trends in the development of science in Ukraine are determined. It is proved that the development of science in Ukraine is contradicting the global trends. The main indicators characterizing the state of scientific development of the country, namely the changes in the number of scientific institutions; number of researchers; qualitative composition of researchers; distribution of funding for scientific and technological works; structure of sources of funding scientific and technological works; structure of expenditures on the implementation of scientific and technological works; share of scientific and technological works in GDP; number of scientific and technological works, applications and patents for inventions; number of innovatively active industrial enterprises, including those that provide funding for research and development. The study made it possible to identify the main problems in the development of the science sector and suggest directions for their solving. Prospects for further research in this area are the justification of specific measures for steering the domestic scientific sphere out of the crisis and the elaboration of recommendations on the formation of a strategy for the development of scientific and technological activities.

81-88

Authors: Shemayeva L. M.

The article presents an analysis of factors which affect the development of public-private partnership (PPP) in Ukraine. Considering that one of the main goals of PPP is to attract capital investments for the construction and modernization of infrastructure facilities, it is proved that the country’s positions in international rankings are important for developing relations with potential investors, strategic partners and also affect the development of the backbone links of PPP mechanisms. It is proposed to structure the indicators of global rankings by combining them into thematic blocks, namely: economic one (Doing Business, Global Competitiveness Index, Index of Economic Freedom, Legatum Prosperity Index); degree of corruption of the system (Corruption Perception Index, The Open Budget Survey, Global Open Data Index); governance indicators (Worldwide Governance Indicators). In the course of the analysis, it is determined that the country’s positions in global rankings should be considered simultaneously as indicators of the need for PPP and identification of obstactes in the development of partner relationship between the state and business. It is proposed to improve the Concept of PPP Development in Ukrainethe focus being made on the need for taking into account the country’s PPP- Readiness Index, based on a comprehensive assessment of the influence of factors of a political, economic, institutional, legal, social, and innovative and technological character. In this context, it is advisable to use the results of the analysis of the country’s positions in global rankings by representatives of government bodies, business, civil society institutions when formulating the national policy on PPP development.

96-101

Authors: Sukhonos M. K., Belyavceva V. V.

The aim of the paper is to develop theoretical and methodological bases for a regional policy capable of shaping directions and tasks of reforms in the sphere of decentralization of power and strengthening of local self-government. Presently, the national economy is undergoing difficult transformations, but the process of positive changes is still hindered due to serious obstacles. As a result, in comparison with the advanced countries, we have a rather critical backlog, which is usually grounded by finding Ukraine at the bottom of world rankings. It is proved that regional development is not a new problem for the national economy, it is the situation and changes in the global space that are new. The strategy of innovation development is new as well, and all this leads to the need for significant developments in the theoretical and methodological bases for management of regional development. Changes in the methodological approach should take into account that regional development is provided by different parties, dominated by the state and local self-government bodies, which must agree upon the goals, interests, and interactions. The basis of methodological knowledge and tools is the orientation towards the object and its specifics; combination of theory with practice; the concept of benchmarking (promotion); consistent analysis of the situation, factors of influence and mechanisms for achieving the goals. It is substantiated that the theory of regional development, in addition to the assessment of the potential, is important to consider the human factor, which implies interests, needs, possibilities and nature of interactions. The study focuses on bringing together the efforts of all participants. Another component is the adoption and support of the innovation paradigm of development, which involves innovation solutions, innovation policy, innovative activities.

108-118

Authors: Lavrenenko V. V., Yanhol H. V.

The aim of the article is to develop an algorithm for designing the process of ensuring strategic performance of enterprises based on the principles of complexity theory. For the first time, the concept “strategic performance of an enterprise” is defined. There disclosed the content of the phenomenon of integrating performance measurement systems into the mechanism of strategic performance management reflecting the complex process of ensuring the highest possible level of strategic performance. The process is presented in the form of a complex system characterized by its own properties – control components and stages. The sources of difficulties that can emerge in such integration are identified. The integrated business model of an enterprise as the optimal one for achieving the maximum strategic effectiveness of an enterprise is considered. There proposed an algorithm for the development of an integrated system to ensure effective performance based on the formation and implementation of measuring the level of strategic performance.

126-133

Authors: Hlushchenko A. S.

The aim of the article is studying the current state of the formation of wealthy territorial communities in Ukraine, identifying the main problems in the course of their formation and financial decentralization, and searching for ways to solve them. The definition of the notion “wealthy territorial community” is clarified, the main instrument for the formation of such communities – financial decentralization – is defined. The state of the regulatory framework for reforming local self-government in Ukraine is studied, the trends in the formation of united territorial communities for the period 2015–2018 is analyzed, the regions in which the decentralization is carried out most actively are identified. The behavior of the share of the communities’ own income in the local budget for the entire period of decentralization is analyzed, and it is found that the budget revenues of the united territorial communities increased at a higher rate than that of other local budgets; it is determined that the largest share in the structure of communities own income is presented by the personal income tax. A significant increase in the volume of state budget support for local self-governments to develop communities and build their infrastructure is revealed. The main problems that occur during the financial decentralization and formation of wealthy communities in Ukraine are identified, recommendations to solve these problems are elaborated. It is determined that further prospects for the reform are related to the implementation of the plan of measures for the second phase of the decentralization, approved by the Cabinet of Ministers of Ukraine in January 2019.

145-156

Authors: Brukhanskyi R. F., Spilnyk I. V.

The aim of the article is to identify and justify the prospects for solving the problem of integrating new cryptographic objects into the accounting and reporting system. Despite the lack of legal and regulatory framework for using the attributes of the digital economy, the emphasis is placed on the need to generate the accounting status of crypto assets. The problems of crypto assets (cryptocurrencies and other, different form cryptocurrencies, tokenized assets) as accounting objects are identified. The issue of identification of cryptocurrencies for accounting purposes (cash, cash equivalents, currency, commodities, stocks, financial investments, intangible assets, etc.) is investigated. There defined problems of documentary evidence of transactions performed with crypto assets; identification of the type of assets to which certain tokenized assets should be attributed; determination of the method for evaluating crypto assets in order to ensure a reliable reflection of their value; ensuring an adequate system of internal control of transactions with crypto assets. There formulated an assumption about the problematic nature of the application of a universal approach to the reflection of crypto assets in the accounting system due to their diversity and differences in the functions they perform. It is recognized that the accounting of crypto assets is rather complex in terms of methodology, but it is an extremely new and promising problem that requires a comprehensive solution.

164-176

Authors: Krivtsova Т. О., Liadova Y. O.

The aim of this article is developing theoretical principles and elaborating methodological approaches and practical recommendations to improve the methodology for auditing liabilities of business entities. The article uses the following research methods: induction and deduction, analysis and synthesis, cause and effect relationship, statistical analysis. Analysis and research of relevant scientific and practical literature, as well as standards which regulate conducting an audit of the financial statements of business entities, allowed to define the concept of audit methodology in general, as well as to determine the nature and content of the methodological support for auditing liabilities of business entities. The relationship between the tasks of the auditor in an audit of liabilities of business entities and sources of information is generalized. Achievements regarding the formation of the methodology for auditing liabilities of business entities at the present stage of development of audit activities in Ukraine, in particular, approaches to the definition and assessment of audit risk in connection with the materiality level, are systematized. As a result of the analysis of the scientific papers and domestic and international legislation, the methodology for auditing liabilities of business entities is improved by developing and justifying guidelines for minimizing audit risk when verifying liabilities, based on the proposed predictive assessment model of acceptable audit risk during an audit of the obligations of business entities. Practical implementation of the research results will allow optimizing the work of auditors in conducting an audit of the financial statements of business entities. In this regard, it makes sense to focus the further research on considering best practices of developed countries and global trends in the field of auditing liabilities of business entities.

185-193

Authors: Voronin A. V., Gunko O. V., Аfanasieva L. M.

This paper deals with the problems of stabilizing economic growth using traditional macroeconomic strategies. The goal taken implies a large-scale use of the machinery of the qualitative theory of discrete economic dynamics. A set of economic and mathematical models that take into consideration the specifics of macroeconomic equilibrium in view of neo-Keynesian economics is proposed. It is essential to analyze the residual effect caused by the “dynamic memory” of all previous values in relation to the present moment in time in the investment policy and the consumption structure. When building dynamic models of economic growth of Gross Domestic Product, functional equations of a specific type, such as Volterra difference equations, were obtained. Accordingly, for each of the above functional equations studied, there received a number of inequalities that determine the domains of parametric stability of the equilibrium. Structural constraints of the basic parameters of the multiplier-accelerator model, which can have a significant impact on the distribution of consumption and investment to ensure sustainable growth of national income, are formulated in an explicit form. There indicated conditions for constraining such parameters as the accelerator capacity and marginal propensity to save, which should be taken into account when developing economic and mathematical models for the purposes of forecasting and managing national macroeconomic policies. Graphic illustrations of the obtained solutions to the corresponding difference equations of the national income behavior are presented.

200-207

Authors: Melnychuk I. V.

The aim of the article is to study the trends in the introduction of tools and principles of the green economy in countries of Europe and Ukraine to improve the efficient energy use. The main priorities of the green economy and its differences from the traditional so-called brown economy are determined. The relevance of the topic is proved using international documents and agreements. There selected indicators to justify the importance of cutting the use of exhaustive resources and reducing emissions to the atmosphere to decrease the burden on the environment. In particular, the indicator of the CO2 intensity (in terms of purchasing power parity) and the share of renewable energy sources in the structure of electricity production in Europe and Ukraine are analyzed and forecast. The analysis allowed to identify and describe institutional and economic tools of the green economy which helped various countries achieve success and cut the use of traditional resources, replacing them with alternative energy sources and increasing the share of the latter. Based on the carried out research, there highlighted social and economic directions and recommendations for Ukraine as regards stimulating the implementation of elements of the green economy and increasing the efficiency of energy use.