Promotion sustainable tourism in global economy

Purpose is to substantiate the ways of promotion sustainable tourism in the global economy. Methodology - To determine the importance of the sustainable tourism factors, the hierarchy analysis method of T. Saati was used. The method of expert estimations has been used for determining the significance level of the tourism sustainability factors. Findings - The conditions for promotion of the sustainable tourism to the world market and the factors of impact on its development in the global economy have been determined. All impact factors were divided into 7 groups: political and regulatory environment, environmental sustainability, social and cultural strategy, economic sustainability, tourism service, safety, basic sustainability state. To assess the potential of the sustainable tourism by international destinations, it was offered to rank the factors of index of sustainable tourism development in the countries from the point of view of a tourist. Contribution - The structure of the factors of tourism sustainability index with the emphasis on the role of an immediate tourist was improved. The most importante factors of influence on the choose tourist destination have been identified: the factors of safety, tourist service and the factor of basic sustainability state of a country

Fostering Sustainable Tourism in Global Economy

The study of the essence of the sustainable tourism, transformation of the modern functions of global tourism, rethinking of its basic principles made it possible to form the conceptual framework of the sustainable tourism. The conditions for promotion of the sustainable tourism to the world market and the factors of impact on its development in the global economy have been determined. The technique for calculation of the tourism sustainability index, taking into account the anthropogenic factor, was improved

Social and economic effects of the war conflict in Ukraine for Europe

The war conflict in the East Ukraine impacts the geopolitical security and stability of Europe and other countries of the world. So, there are the global effects of the war conflict in Ukraine. And the instability in Ukraine has its social consequences that influences the European development. The aim of the article is to identify and elaborate social effects of the war conflict in Ukraine and to get understanding of its influence on European stability, on position of Ukraine on European arena. The article has been prepared by using such methods as: analysis of Ukrainian and European research papers, comparison and generalization of the facts about war conflict in Ukraine. In the article social consequences of the war conflict in Ukraine, such as migration, unemployment, crime growth, decreasing of population and others have been studied. It has been described that social dimension of the war conflict in Ukraine has its influence on European stability and geopolitical situation, especially Ukrainian migration. At the end of the article the authors present the conclusions and the mechanism for solving the war conflict situation in Ukraine. Also, Ukraine needs an integrated approach in order to solve all economic and social problems in the country. Only integrated approach will allow to use available Ukrainian resources and advanced European experience to provide economic and social stability of the country

Franchising Model for Expansion of the International Travel Business

The hotel sector of the travel industry is the leader according to the indicator of economic growth, which is observed in both developed and developing countries. Even under the economic instability and global natural disasters, the industry has seen growth in recent years. The franchising model for expanding activities is central to all successful hotel chains. The article deals with the franchising model for the travel business expansion and the economic performance of hotel chains such as Marriott International, Wyndham Hotels, and Hilton. They hold a prominent place in the global hotel business, have a steady tendency to expand their business, hold high positions in the ranking of the best franchises in the world and have been recognized by experts. The main risks for the franchisor and franchisee are determined when making a decision on the expansion of the international travel business, which must be taken into account when developing new markets for hotel chains. The main advantages of the franchising model of expansion, which promote understanding between the parties of the franchise agreement, dynamicize hotel chains expansion and allow for reducing their expenses and increasing incomes. It was found that the growth of net profit and total income in the indicated hotel chains was due to the increase in the number of rooms in franchising and the positive dynamics of franchise income. A more dynamic pace occurred after the crisis growth in revenues from the franchisee compared with the managerial model. A closer relationship between revenues and key financial indicators has been proved when using a franchising model

Global parameters of social economy clustering

The study of various aspects of social economy is stipulated by the fact that the focus of any economic system is the human being as the main object and the result of economic activity. The purpose of this paper is to cluster of social economies of the countries throughout the world with distinguishing the models of social economy for transition economies under globalization conditions. The results of research represent four clusters of social economy that prove validity of classification of 4 classic models of social economy: liberal, Scandinavian, corporatist, and Mediterranean. While the most developed countries have effective models of social economy, there is still no clear concept of social development for transition economies. This paper deals with social economy clustering of different countries with the view to determinate the place of transition economies in social metrics of global economy. Our study is limited to the number of countries – 40 countries of the world, mainly European, and timeframes – 2015 and 2016. The obtained results could be taken into account by governments when developing and implementing new social policy for transition economies considering the experience of countries with classical social models. The authors propose the main practical tools for transition social model. It is proposed to distinguish one more model of social economy – the transition model, typical for transition economies that implement social reforms and has some common features

Intellectual Capital Paradox: The case of Hungary and Ukraine

The authors have analysed the economic growth and its determining factors in countries of the European Union, particularly in Hungary and Ukraine. We applied quantitative methods by analysing topic related database. We have found that the Central-Eastern European Periphery has not finished its transition, and this change is heading in the direction of the Southern Periphery of the European Union. As the Southern Periphery is the area of economic crises right now, it is obvious that something should be done in order to avoid falling to the same fate for the Central-Eastern European Periphery. The authors introduced a new production function and with its help they identified the bottlenecks of growth in Hungary and Ukraine, namely the organizational and human capital that in its present development stage, do not correspond to the needs of creating state of the art larger companies. The present crisis pushes both countries to postpone long-term developments, such as investments into human capital, and in this way makes the solution of the crisis more difficult. Keywords: Intellectual Capital, Growth, Southern European Periphery, Central-Eastern European Periphery, Enterprise Demography, Competitivenes

Intellectual Capital Paradox

The authors have analysed the economic growth and its determining factors in countries of the European Union, particularly in Hungary and Ukraine. We applied quantitative methods by analysing topic related database. We have found that the Central-Eastern European Periphery has not finished its transition, and this change is heading in the direction of the Southern Periphery of the European Union. As the Southern Periphery is the area of economic crises right now, it is obvious that something should be done in order to avoid falling to the same fate for the Central-Eastern European Periphery. The authors introduced a new production function and with its help they identified the bottlenecks of growth in Hungary and Ukraine, namely the organizational and human capital that in its present development stage, do not correspond to the needs of creating state of the art larger companies. The present crisis pushes both countries to postpone long-term developments, such as investments into human capital, and in this way makes the solution of the crisis more difficult

Сучасна Україна в глобальному середовищі: стратегічні орієнтири економічного розвитку: монографія

Монографія об‘єднала зусилля науковців факультету міжнародної економіки Дніпропетровського національного університету імені Олеся Гончара та учасників Міжнародної науково-практичної конференції «Стратегії економічного розвитку країн в умовах глобалізації» у процесі пошуку й визначення стратегічних орієнтирів економічного розвитку України в глобальному середовищі й обрання своєї вірної дороги. На відміну від Ван Гога, усі дороги якого ведуть у нікуди, ми віримо, що спроможні обрати ту саму – нашу дорогу у світле й заможне майбутнє, й усі наші зусилля не будуть марними

Integrative-index method of assessment of the countries’ financial globalization level

The article considers the relevant problems of the complex evaluation of the countries’ financial globalization level. There were investigated methodological principles and assessment tools of both the economic globalization in general and its financial component. It offers an integrative index of the countries’ financial globalization based on which calculations we analyzed characteristic features and dynamism of the globalization processes development in the sphere of finance of some countries

Towards Sustainable Development through Higher Education Quality Assurance

This study aims to identify the role of higher education quality assurance in achieving sustainable development goals. To support this aim, the following objectives were formulated: to discuss and summarize the best practices of QA agencies in promoting SDGs, to identify how Ukrainian universities consider SDGs in their policies, to develop recommendations for internal, and external quality assurance systems regarding SDG achievement. This qualitative study is based on a case study, observation, and questionnaire methods. Ukrainian higher education quality assurance systems are taken as a case study for this article. Primary data are collected through an online questionnaire and observation of Ukrainian universities’ publicly available information regarding sustainable development activities at their official websites. Additionally, some publicly available documents, reports, and materials on the experience of foreign quality assurance agencies are also reviewed, compared, and contrasted. The results of the research can be used at national levels where higher education standards should include competence in sustainable development goals, at institutional level to improve HEIs’ quality assurance system, and at the study program level to include SDG consideration as one of the requirements during internal quality assurance procedures