Strategies for sustainable socio-economic development and mechanisms their implementation in the global dimension

The authors of the book have come to the conclusion that it is necessary to effectively use modern approaches to developing and implementation strategies of sustainable socio-economic development in order to increase efficiency and competitiveness of economic entities. Basic research focuses on economic diagnostics of socio-economic potential and financial results of economic entities, transition period in the economy of individual countries and ensuring their competitiveness, assessment of educational processes and knowledge management. The research results have been implemented in the different models and strategies of supply and logistics management, development of non-profit organizations, competitiveness of tourism and transport, financing strategies for small and medium-sized enterprises, cross-border cooperation. The results of the study can be used in decision-making at the level the economic entities in different areas of activity and organizational-legal forms of ownership, ministries and departments that promote of development the economic entities on the basis of models and strategies for sustainable socio-economic development. The results can also be used by students and young scientists in modern concepts and mechanisms for management of sustainable socio-economic development of economic entities in the condition of global economic transformations and challenges

Active labor market programs : policy issues for East Asia

The study debates on active labor market programs (ALMPs) as a valuable employment policy tool intended to increase the quality of labor supply, and demand, versus the disincentive, and dependent passive measures in combating unemployment. While ALMPs have been implemented to varying degrees in East Asia, they still cannot be considered an important policy instrument; yet, careful consideration by policymakers to such programs, could prove responsive to the economic crisis, and to the longer-term requirements of development. An overview of ALMPs is provided, with key issues reviewed for design consideration. The study discusses the techniques used to evaluate ALMPs, and summarizes the evidence on their impacts, identifying key variables associated with successful outcomes in the region. Recommendations suggest the following issues for the formulation of an active labor market policy: setting priorities, by initially developing strong employment services; identifying the roles of the public, and private sectors, which leads to more diverse, innovative, and cost-efficient services, closely oriented to labor demand, but focused on public priorities; promoting partnerships, and dialogue within coordinated policies, and strengthened administrative and operational capacities, provided a balanced public, and private financing is in place.Banks&Banking Reform,ICT Policy and Strategies,Health Economics&Finance,Environmental Economics&Policies,Labor Standards

From "best practice" to "best fit": a framework for designing and analyzing pluralistic agricultural advisory services worldwide

"The paper develops a framework for the design and analysis of pluralistic agricultural advisory services and reviews research methods from different disciplines that can be used when applying the framework. Agricultural advisory services are defined in the paper as the entire set of organizations that support and facilitate people engaged in agricultural production to solve problems and to obtain information, skills and technologies to improve their livelihoods and well-being... To classify pluralistic agricultural advisory services, the paper distinguishes between organizations from the public, the private and the third sector that can be involved in (a) providing and (b) financing of agricultural advisory services. The framework for analyzing pluralistic agricultural advisory services presented in the paper addresses the need for analytical approaches that help policy-makers to identify those reform options that best fit country-specific frame conditions. Thus, the paper supports a shift from a “one-size-fits-all” to a “best fit” approach in the reform of public services... Based on a review of the literature, the paper presents a variety of quantitative and qualitative methodological approaches derived from different disciplines that can be applied when using the framework in empirical research projects. The disciplines include agricultural and institutional economics, communication theory, adult education, and public administration and management. The paper intends to inform researchers as well as practitioners, policy-makers and development partners who are interested in supporting evidence-based reform of agricultural advisory services. from Authors' AbstractAgricultural extension work, Pro-poor growth, Capacity strengthening,

An empirical study on credit evaluation of SMEs based on detailed loan data

Small and micro-sized Enterprises (SMEs) are an important part of Chinese economic system.The establishment of credit evaluating model of SMEs can effectively help financial intermediaries to reveal credit risk of enterprises and reduce the cost of enterprises information acquisition. Besides it can also serve as a guide to investors which also helps companies with good credit. This thesis conducts an empirical study based on loan data from a Chinese bank of loans granted to SMEs. The study aims to develop a data-driven model that can accurately predict if a given loan has an acceptable risk from the bank’s perspective, or not. Furthermore, we test different methods to deal with the problem of unbalanced class and uncredible sample. Lastly, the importance of variables is analyzed. Remaining Unpaid Principal, Floating Interest Rate, Time Until Maturity Date, Real Interest Rate, Amount of Loan all have significant effects on the final result of the prediction.The main contribution of this study is to build a credit evaluation model of small and micro enterprises, which not only helps commercial banks accurately identify the credit risk of small and micro enterprises, but also helps to overcome creditdifficulties of small and micro enterprises.As pequenas e microempresas constituem uma parte importante do sistema económico chinês. A definição de um modelo de avaliação de crédito para estas empresas pode ajudar os intermediários financeiros a revelarem o risco de crédito das empresas e a reduzirem o custo de aquisição de informação das empresas. Além disso, pode igualmente servir como guia para os investidores, auxiliando também empresas com bom crédito. Na presente tese apresenta-se um estudo empírico baseado em dados de um banco chinês relativos a empréstimos concedidos a pequenas e microempresas. O estudo visa desenvolver um modelo empírico que possa prever com precisão se um determinado empréstimo tem um risco aceitável do ponto de vista do banco, ou não. Além disso, são efetuados testes com diferentes métodos que permitem lidar com os problemas de classes de dados não balanceadas e de amostras que não refletem o problema real a modelar. Finalmente, é analisada a importância relativa das variáveis. O montante da dívida por pagar, a taxa de juro variável, o prazo até a data de vencimento, a taxa de juro real, o montante do empréstimo, todas têm efeitos significativos no resultado final da previsão. O principal contributo deste estudo é, assim, a construção de um modelo de avaliação de crédito que permite apoiar os bancos comerciais a identificarem com precisão o risco de crédito das pequenas e micro empresas e ajudar também estas empresas a superarem as suas dificuldades de crédito

SME Access to Finance: An exploration into the demand and supply contraints around SME access to finance

In March 2011, the Newcastle Business School, Northumbria University was commissioned by North East Access to Finance (NEA2F) to undertake a major piece of independent academic research to explore both the demand and supply sides of SME access to finance in the North East of England. The aim of the research was to gain insight and understanding into the challenges faced not only by the SME sector but also by the key suppliers of finance to that community, specifically the banking sector and Business Angels. Thus we do not take a position on what we think is right or what a best practice approach might be but rather reflect, as accurately as possible, the information that was shared with us. The research project commenced in May 2011 and was completed at the end of March 2012

The effects of public funding on farmers' attitudes to farm diversification

The overall aim of this research is to provide the UK Government with an evidence base from which it may be established whether there is a rationale for continuing Government intervention to encourage farm diversification, in particular through making capital grant funding available to farm diversification projects. The project's findings will inform the future role of government support, including whether other forms of support (advice, guidance and training) may be appropriate.Agricultural and Food Policy, Agricultural Finance, Farm Management,

Entrepreneurial motives and performance:Why might better educated entrepreneurs be less successful?

In a sample of newly created French firms, the impact of an entrepreneurís education on the firm's survival varies widely depending on his previous labor market situation. While it is strongly positive for the overall population, it is much weaker or insignificant for entrepreneurs who were previously unemployed or poorly matched. Our theoretical entrepreneurship model shows that these differences may be attributed to differences in unobserved human capital for better educated entrepreneurs across different initial states in the labor market. Empirical results are consistent with the theory if employers have limited information about potential entrepreneurs'human capital

Blended Value Investing: Capital Opportunities for Social and Environmental Impact

This paper is offered not as a fully comprehensive survey of the emerging area of blended value investing, but rather as a set of examples of how such investing practices are being developed and applied around the world. The paper's intent is not to provide a single answer for all investment challenges, but to demonstrate how groups of investors are mobilizing capital on new terms to meet the challenges of emerging investment opportunities, as well as the demands of investors seeking out new asset classes in which to place their capital.This paper presents innovations in capital finance that promise to bridge market-rate interests with strategic opportunities to create blended value that benefits shareholder and stakeholder alike. The following examples speak to an evolving capital convergence wherein mainstream capital markets and investing will increasingly become drivers of new solutions to historic problems. Blended value investing funds and instruments offer financing strategies a set of tools that go beyond traditional philanthropy or market rate investing and which complement the vision we all share of a world with greater equity and opportunity for its members.This paper also identifies several areas of research that would help advance the field of blended value investing. Finally, the paper concludes with words of caution that suggest a prudent approach to developing blended value capital markets. It offers a critique of the state of the markets, presents a strategic vision for the blended value capital markets, and suggests specific steps that participants might take in moving toward the ideal