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The article deals with methods for assessing the effectiveness of business investment. Highlights specific techniques that are used to determine the effectiveness of investments of the dairy industry. Adapted method for evaluating investments for the dairy industry
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The main objective of this article is to indicate transport accessibility (according to two criteria: fly&60 and 6×60×60) and information accessibility (on the Internet) of all Polish (28 ) and all Nordic (9 ) towns — members of the International Network of Cities Where Living is Good. The research was conducted using non-reactive methods: content analysis and desk research. The analysis has shown that the fly&60 criterion is met by eight Cittaslow towns (seven Polish and one Nordic), and the 6×60×60 criterion — by five towns (four Polish and one Nordic), which confirms the thesis on the peripheral nature of Cittaslow cities, which in fact may be perceived as an attracting factor. Their location, away from frequently used routes, may attract (some of them already do so) tourists seeking alternative forms of leisure, following a growing global trend of sustainable tourism. The level of accessibility to online information on the Cittaslow towns is varied, but rather low.
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In realizing the main objective, we started from some main categories of information sources: theoretical sources, descriptive and empirical data sources obtained during the analysis. The empirical analysis presented can be grouped into: data from official statistical sources and data analysis from questionnaire-based survey. The social survey was carried out on a sample of 200 Romanian immigrants in Belgium who lived or worked in different cities or towns in the country. The spatial distribution of Romanian immigrants is not constant and alike, the number of Romanian origin persons varying greatly from one region to another and from one place to another one. Therefore, one of the challenges in setting the research methodology was that establishing the geographical boundaries in which we operate. The solution was identified and applied randomly, because it is difficult to establish a statistically step case. In determining the space of social inquiry we stopped in Brussels and its surroundings, where the number of Romanian immigrants is the largest.
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The review of economic literature indicates that the 2007–2013 programming period has not yet been completely analyzed in terms of the EU funds and stock of FDI. Moreover, previous studies omitted most of the EU funds because they focused mainly on structural funds and cohesion funds. The main question of this paper is organized around whether there is a positive relationship between the stock of FDI and specific EU funds. We use a panel of 27 EU countries to analyze fifty policy variables from the 2007–2013 programming period with panel linear regression models. In contrast to analysis of previous programming periods, the results did not indicate that there was a statistically significant relationship between structural or cohesion funds and the stock of FDI. The results indicate instead that ceteris paribus FDI stock is influenced by EU funds for preservation and management of natural resources and the media 2007 programme. And more specifically that EUR 100 million increase of funds for preservation and management of natural resources increased FDI stock by 1,01%–2,02%. A one million increase of funds for media 2007 related programs increased FDI stock by 3,36%–4,29%. Additionally, the results indicate that there is an interaction between GDP per capita and funds for the preservation of animal and plant health, and GDP per capita with funds for solidarity and management of migration flows. This research is a pilot study. According to the author’s knowledge this is the first analysis that takes into account all EU policy variables, and not just a selected few as well as the first study that analyses FDI and all EU funds during the 2007–2013 programming period.
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Based on individual-level data from a cross-sectional sample of small and medium enterprises located in Poland and the Czech Republic we performed an analysis of the impact of entrepreneurial orientation on SMEs’ growth and development. The hypotheses outlined in the study were tested by using structural equation modeling. The study results revealed that overall there was a strong measure of agreement among SMEs from Poland and the Czech Republic. SMEs in Poland and the Czech Republic have a similar approach to pro-activeness, innovativeness and risk-taking. However, Polish firms are less likely to act aggressively. The results of the structural equation modeling indicate entrepreneurial orientation affects SME growth and development. In general, when enterprises seek to innovate and to outpace competitors they are rewarded for their efforts.
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This article discusses the methodological differences between the British school and the American school of international relations. It attempts to demonstrate that Susan Strange, representative of the British school, could be considered a critical realist. The aim of the article is to show that her vision of international political economy fulfills the methodological reorientation initiated in economics by Tony Lawson at the end of the 90s. Strange’s radical ontology claims that structural power determines human actions. The paper contrasts Strange’s approach with that of John Ruggie, from the American school, who identifies himself as a social constructivist. Ruggie emphasizes the role of ideational factors in international relations and the constructed nature of social reality.
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Financial stability features prominently among the goals of several postcrisis macroeconomic policies around the world. Being a systemic characteristic, financial stability requires a systemic analysis, which only macroeconomics can offer logically. Yet, the current way of doing macroeconomics is not up to the task, as it is grounded on socalled microfoundations. Considering macroeconomics as the science of aggregating data obtained at microeconomic level can lead indeed to conclusions that are either misleading or wrong. This paper points out that the true foundations of macroeconomics are macroeconomic, and that understanding the working of monetary economies of production and exchange requires a conceptual rather than a mathematical treatment of economic issues at a systemic level.
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Practicing academic economists are reported to pay little attention to work being done by economic methodologists. This is an unfortunate situation for the subfield of economic methodology as well as for the discipline of economics at large. If the subfield of economic methodology does not succeed in communicating with practitioners of the larger discipline of which it is a part, its rationale is seriously brought into question. And when practitioners of a scientific discipline do not pay heed to methodological questions, the discipline is destined to stagnation and possible degeneration.In order to contribute to an amelioration of the noted unfortunate state of affairs, this paper argues the case for purposeful philosophically informed approaches through which economic methodologists may prove themselves helpful and valuable to the practitioners of the discipline. A scheme of descriptivecritical analyses of economic texts is set forth as a means of enhancing academic economists’ awareness of, and interest in, philosophical questions embedded in, and vital to, their practices. Moreover, it is argued, and exemplified, how philosophically minded methodologists may contribute constructively to processes directed towards establishing and developing economic theories and analyses.
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This paper draws upon the scholarship of interdisciplinarity to argue that Economics, like all disciplines, should be open to a wide range of theories and methods, and the study of all relevant phenomena. A classification of the different methods and theory types used by scholars identifies key strengths and weaknesses of each. Different schools of heterodox [that is, non-neoclassical] economics, as well as neoclassical economics itself, emphasize different sets of theory and method. Each thus has a unique contribution to make to a holistic understanding of the economy. At present, different heterodox schools, like neoclassical economics itself, tend to act as if it were thought that their theory and method were superior. This paper urges a quite different attitude: different heterodox schools, as well as neoclassical economics, should be seen as complements rather than substitutes. That is, the insights of different schools of thought within Economics can and should be integrated just as disciplinary insights are integrated within interdisciplinary scholarship. The classification also identifies valuable theory types not presently embraced by any heterodox approach. Heterodoxy needs also to embrace the causal linkages between economic and diverse non-economic phenomena; the paper outlines a strategy for organizing the complex understandings that emerge from such a project. Some might recoil at the complexity of an academic enterprise that embraces such a wide range of phenomena, theory, and method; this paper shows how these diverse investigations can be organized in terms of the classifications presented such that all economists could readily appreciate the contributions of others. The paper also makes suggestions regarding the daily practice of heterodox economists, and draws lessons for heterodoxy from interdisciplinary research practice.
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The World Economic Forum is an independent international organization dedicated to improving the state of the world by engaging business, political, academic and other community leaders to create global, regional and industry programs. The World Economic Forum is an international non-governmental organization based in Geneva, Switzerland. Its original name was the European Management Forum, and in 1987, it changed to the World Economic Forum.
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Implementation of Foreign Trade Agreement between RM and EU is on the government agenda, beginning with the moment of ratification. The valorization of the economic potential of this agreement can be provided by strong state institutes and should be realized through the elaboration of adequate mechanisms and policies. They are related first of all to the deepening trade between partners. The purpose of this paper is to assess the extent to which the institutes correspond to an ambitious agenda for the implementation of reforms, as well as are prepared to use the adequate economic mechanisms and policies to manage and adapt to contemporary trends in the international trading system. The novelty of the research is exploring the measure of the institutional competitiveness of country's economy in the period 2011-2017, in the correlation with the methodology of the World Economic Forum. At present stage of development the competitiveness of the economy of Moldova is largely predetermined by the performance of institutions both public and private, that study found one of the most problematic sectors. The implementation of reforms in the foreign trade sector, which began with accession to the WTO, was not supported by reformation of other economic sectors. Among the main obstacles are the following: the weakness of state institutions, inconsistency and non completing the government policy reforms started, the lack of political will, the high level of corruption etc. Results of this study can be used for the elaboration of set the appropriate economic policies.
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The impact of the general economic crisis, the imbalance in the unfavorable business environment in BiH, and the internal weaknesses of the enterprise, have resulted in a reduction in the volume of business activities that have linked a number of other negative business-related consequences to poverty growth . As with most other transition economies, the main channels of crisis were the sharp contraction of capital inflows and the reduction of demand for exports. Reducing capital inflows has reflected a fall in investment spending, while reducing personal spending is the result of increased unemployment. Businesses faced with falling demand for their products on domestic and foreign markets reduced their investments. Employers who had free money, for fear and uncertainty, did not want to invest, while those who wanted to invest and did not have their own funds could not get loans because of the sharp credit contraction in the financial markets. The direct consequence of insufficient demand was the reduction in the number of jobs that ultimately had an impact on the growth of poverty. Reducing business resulted in a fall in revenues, an increase in the number of enterprises with negative business results, an increase in the number of enterprises that were forced to stop business activities, and ultimately an increase in unemployment.
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The Labour Migration and Labour Mobility Act contain a number of restrictive measures regarding the access of third-country citizens(outside the EU) to the Bulgarian labour market, which aim to protect both our domestic labour market from the unregulated influx of cheap labour and the one in the other EU Member States. At the same time, the employment of third-country citizens may in some cases be useful and necessary, such as in the case of highly qualified or seasonal workers. That is why the legislator has regulated the matter flexibly and in detail. This article analyzes the conditions and procedures for permitting access of third-country citizens to the Bulgarian labour market.
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Purpose: To research features of TV programming regarding the presence of Bulgarian films on the TV screens Results: Proves that commercial TV programming is deliberately aimed at the most uneducated part of the audience and meets its needs. This was achieved via one year monitoring of the leading Bulgarian TV stations. Contributions: This research exposes a huge problem in the promotion of socio-cultural patterns of behavior and mass culture. Everybody can do as they wish, as long as they win, as the neo-liberals say. The problem is that the cost of forced mediocrity will then be paid by everyone.
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The production of sea salt is a traditional occupation in Pomorie. Until the early1920s the town is the main centre of salt-production in Bulgaria and because of that, the salt-pans and the method of work are a subject of numerous researches, travel notes, and popular readings. Together with the well-known practice of production of sea salt, the descriptions in some of the historical sources of the size of the saltpans and their structure, the means of transportation of saltwater from one basin to another and of exportation of the salt produced differ from what is known about the Pomorie salt-pans in the period studied. The critical analysis of these evidences gives reasons to consider them reliable in some cases and insufficiently proven another. The characteristics of the salt-pans’ structure and the technologies used are most often ingenious decisions of the local salt-producers but some of them have analogues in the world production.
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12th Central and Eastern European Communication and Media Conference (CEECOM 2019), from 19th to 21st June, 2019. The focus of CEECOM 2019 was the strategic and practical aspects of managing communications, thus establishing a wide interdisciplinary foundation for works in the field of communication, media studies and political sciences. The aim of organizations was to bring together a number of scholars with diverse backgrounds to exchange ideas regarding the present and the future of communication endeavors.
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For today in Ukraine is observing the mass movement of population for work to others countries. It is caused by the row of negative internal factors: economic crisis, political instability, low level of life, desire to self-realization and ect. However, statistical information that is given by government organs doesn’t represent the real state of situation.Accordingly from the side of government organs of power there isn’t the substantial reacting for reduction of negative consequences. For the time being Ukrainian labor migrants are going to work to Germany, Russia, Czech Republic and other countries, but the major migration stream is directed to Poland. Therefore it is very important to investigate the modern tendencies of migratory streams of Ukrainians to Poland and offer measures for to stay and reduction of exodus of population from Ukraine.In the article are considered dynamics and methods of employment of Ukrainians to Poland. The structure of migrants is certain of sphere of activity and are educed the most needed professions for Ukrainians by the Polish employers. There are certain the temporal borders of staying migrants in Poland and their reasons of departure: shortterm migrants (earnings of money are for opening their own business), long-term migrants (desire to remain to live in other country). The evaluation of influence of modern tendencies of migratory processes is executed not only to the home market of labor but also to Poland. There are exposed the basic factors and negative consequences of external labor migration. On the basis of statistical information and available in Ukraine legal base that regulates migration,reasonable measures are worked out in relation to the improvement of home migratory politics in modern crisis position with the aim of reduction of migratory streams.For reduction of migratory processes it is necessary to use administrative instruments and provide to work socio-economic mechanism. It is necessary to pay attention to removal and prevention of available causes and effects of labor migration through the improvement of current legislation, introduction of the effective system monitoring of migrants.
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In this article is defined the different information models and discovering semantic relationship between information management, code and knowledge. Problems typical for modern information realities are also discussed, which reflects on the ways of making a business.
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