Tag: Ukraine

Prerequisites and factors of development of international specialization of Ukraine

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. Prerequisites and factors of development of international specialization of Ukraine//Science online: International Scientific e-zine - 2023. - №5. - https://nauka-online.com/en/publications/economy/2023/5/10-16/

Annotation: The research is relevant in the context of the current economic situation in Ukraine. On the one hand, Ukraine is a country with significant potential for export development, including the export of high-tech goods. On the other hand, Ukraine has a number of problematic issues, such as dependence on the import of technologies and raw materials, a low level of competitiveness, as well as the absence of effective mechanisms for supporting export activities. The aim of the study. To determine the prerequisites and factors for the development of international specialization of Ukraine. Methodology and scientific approaches; The main scientific approaches used in the research are: System approach used when considering international specialization as a component of the system of economic relations, which includes elements of production, transportation, marketing, etc. The econometric approach is the use of statistical methods to analyze the dependence between various economic indicators and factors of the development of international specialization. Such methods as: analysis, synthesis and generalization were used. The results of the study: the factors that influenced and influence the development of international specialization of Ukraine were studied. Research framework / the possibility of using the results - the direction of further research and what needs to be changed in the methodology: Further research on the international specialization of Ukraine requires the collection and comprehensive analysis of economic statistics, the study of the natural and geographical position of Ukraine, the political system, social factors, etc.

Domestic energy system: European vector and risks of war with Russia

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. Domestic energy system: European vector and risks of war with Russia//Science online: International Scientific e-zine - 2023. - №4. - https://nauka-online.com/en/publications/economy/2023/4/07-11/

Annotation: The article examines the state and peculiarities of the functioning of the energy system of Ukraine in the modern day and their compliance with the development trends of the world and European energy industry. It was determined that the energy sector of developed countries, in particular the EU, is undergoing a transformation in the direction of decarbonization and increasing the share of renewable energy in meeting production and consumption needs. The priority areas of integration of the domestic energy system into the European space on the eve of the war with the Russian Federation have been identified. The main problems of the functioning of the energy system of Ukraine in the conditions of military aggression by the Russian Federation are revealed.

Ukraine on the international insurance services market: status and determinants of influence

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. Ukraine on the international insurance services market: status and determinants of influence//Science online: International Scientific e-zine - 2023. - №4. - https://nauka-online.com/en/publications/economy/2023/4/06-12/

Annotation: The place and role of Ukraine in the global market of insurance services was studied and the main trends of its development were identified. The author identified that the market of insurance services is an important component of the global services market, which is characterized by such characteristics as: dynamism of growth, active competition at the level of states and insurance companies, a relatively stable composition of leading states. It is noted that Ukraine is not a significant market player, but at the same time it is consistently integrated into the global insurance space. The largest counterparties of domestic insurers in the field of insurance and reinsurance are the countries of the European Union. Despite the fact that the USA has a relatively small share in aggregate agreements with the participation of Ukrainian companies, the potential for partnership is significant. Based on the analysis of geospatial directions of cooperation, it was found that in the current political situation, the most promising markets are Western and Eastern Europe. The thesis that the war with the Russian Federation exerts a powerful destructive influence on the development of the insurance services market in Ukraine at the current stage has been revealed. With the beginning of the war, obtaining protection through the mechanisms of reinsurance against war risks, and therefore the conclusion of such insurance contracts, became absolutely impossible, since for Ukraine the war ceased to be a risk and became a reality. It has been proven that the state offers various approaches to the introduction of an effective mechanism of protection against such threats. The author proposed to change the approach of insurers to cover this risk, and therefore to review the terms of insurance products from the point of view of possible coverage of both the direct impact of war risks and the "secondary" consequences of war (i.e., the detonation of mines and other munitions). It was concluded that, in fact, such measures will become possible after the end of active hostilities. It was determined that the further scientific directions of the research may consist in determining and evaluating the macroeconomic effects and consequences of the transformation of the insurance services market, the activities of insurance and reinsurance operators both in the domestic and international markets in the war and post-war period. A separate study needs to take into account the peculiarities of adaptation to the latest conditions of insurance and reinsurance of individual business entities, industries and spheres of the national economy.

Assessment of external and internal factors influencing the development of Ukraine’s light industry

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. Assessment of external and internal factors influencing the development of Ukraine’s light industry//Science online: International Scientific e-zine - 2023. - №4. - https://nauka-online.com/en/publications/economy/2023/4/05-15/

Annotation: The article provides an analysis of internal and external factors influencing the development of Ukraine's light industry in modern times, highlighting the industry's significance in terms of employment and overall industrial development. It is determined that the light industry is an important type of industrial activity with social orientation. It is identified that the operating conditions of industry enterprises have significantly complicated due to Ukraine's entry into the World Trade Organization and the opening of internal markets. The dominant practice of cooperation between Ukrainian light industry enterprises and non-residents under the conditions of processing of raw materials supplied by the latter is noted, which leads to non-receipt of funds and does not create opportunities for their modernization.

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