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The paper describes modern tendencies of budget risks management in the region. Some factors of budget-fiscal security and its threshold limit value for the Russian Federal subjects and municipal units are revealed. A system of factors which generate budget risks, areas of budget risks at the regional level is well founded.

In globalized world quality of life becomes an essential part of modern civilization, and the business practices of the prevailing opinion are the decisive factors in enterprise systems and in their further development of the quality of products and services. Therefore, there is a raising need of quality of all kinds of goods and services, and in this connection, tourism services as well. Instead of mass-appeal, extension and uniformity, a crucial role in meeting the needs of tourists now rests on individuality, d...

The article discusses the changes in the nature of work and labor relations in the post-industrial economy. Modern trends of development of flexible employment, changes in the balance of work and leisure time are analyzed in the paper. Particular attention is given to remote employment, telework, freelance and its development in Russia. The article studies the socio-economic consequences of the spread of flexible employment, offer new approaches to the statistical treatment of various forms of flexible employment.

In this article, there are demographic statistics of Russia revealing decreased turn-out of qualified workers and graduates with primary and secondary vocational education. The article proves social and economic feasibility of rehabilitation of disabled people as qualified specialists or instructors. Also, the article determines main deterrents to the maximal possible rehabilitation of disabled people and sets up measures aimed at elimination of such deterrents.

The article is focused on identification of factors of competitiveness, which are divided on external and internal factors of competitiveness. Aim of this paper is to analyze the competitiveness of the V4 countries in comparison with the EU countries on the basis of macroeconomic indicators evaluation and the subsequent use of selected indices of competitiveness assesment. Although competitiveness is still difficult to measure, there are factors that affect it and not just the intradepartmental, but also on the se...

This paper reviews the country-of-origin literature and presents a tendency among those that investigate the phenomena that was born in the late 1990's deriving from the country-of-origin to the brand origin. In general terms, the value of literature reviews resides in their ability to provide scholars, students, and practitioners with a critical appraisal of the existing research, helping to identify and develop other studies. Country-of-origin maintains his interest regarding the effects and their impact in term...

The authors of the following article apply to the problem of ecotourism development in Western Siberia. Public attention often focuses on the problems of steady development, the preservation of biological diversity, and the implementation of ecotourism activities. Western Siberia is a prospective region for the development of Ecotourism in Russia. This is caused by the high natural potential, originality and aesthetic value of its landscapes, as well as its diverse flora and fauna. In spite of such plant diversity...

There is a strong connection between the overall development of entrepreneurship and entrepreneurial culture of the country in which entrepreneurship develops. Transition countries started to develop entrepreneurial culture quite late, thus facing a series of barriers to a full implementation of entrepreneurial values in their respective areas. Changing the concept of approach to entrepreneurship at the same time includes overall changes in socio-economic environment. Researches have shown that development of entr...

The World Bank is the largest global source of financial resources for different kinds of investments, with special attention devoted to developing countries and all other countries which request assistance. It annually grants over USD 20 billion of different kinds of loans and credits to the EU Member States. Among other investments, it also significantly participates in tourism development of less developed countries at the global level. As a result of globalisation changes in the world, the World Bank has becom...

Hand in hand with Chinese economic transformation came an opening of China to the world. New opportunities enhanced an integration of the People's Republic of China into the global economy. China's outstanding performance in the goodsВґ export influenced lots of small open economies. In the same time the overall world trade has increased significantly making many researchers ask what is behind this trade growth. Is the trade volume growing on intensive or extensive margin? In this paper we will analyze trade relat...

The article discusses modern tendencies and problems of tax revenues formation of the regional budgets. Instruments of tax regulation and a mechanism of their effect on eco-nomic processes are considered. Tax benefits are tax regulation tools for certain catego-ries of taxpayers to solve a number of social and economic problems.

The article investigates main organizational and economic trends improving the enterprise readiness to implement changes such as the elements of change management concept, the elements of changes in organization structure, the instruments of overcoming changes resistance. The object of the research is organizational and economic relationship appearing during change management process. The goal of the article is to elaborate the main items of change management concept regulations. The methods for the research are s...

The growth of the markets and the dynamics of economic and geopolitical turmoil have caused increasing pressures for companies seeking to understand how to suggest the decision to purchase goods. The markets are very competitive and, in times of crisis, the price seems to be a variable that has gained ground. The aim of this study is to analyze the attitudes of Portuguese citizens towards Portuguese products – products of the brand Portugal – in times of crisis. The sample is composed by 590 Portuguese citizen...

The public sector approaches tourism with special interest due to its positive impact on the economy. However, in order to realize the benefits of the effects of tourism, the public sector must achieve certain prerequisites for the development of tourism. The public sector by its intervening in tourism development seeks to achieve its long-term sustainable development, i.e. the maximization of benefits from tourism activities while preserving the attractiveness of tourist destinations. After an overview of issues ...

The article analyzes the main directions of integration of Russian universities in the international educational space. The statistics characterizing the export of educational services of the Russian system of higher education, reflecting the priorities of the government target of increasing the country's share in the global market for educational services. Systematized competitive advantages and disadvantages of Russian system of education in the implementation of educational services in foreign markets. Demonstr...

Desires, aspirations and preferences are subjective elements of demand and they express attitudes or positions that occur at individual level. Though the needs are few, a human's desires are very different and they occur on a permanent basis modelled by social forces and institutions. Though each individual has his/her own features, research shows that the need for food consumption varies depending on several individual (genetic heritage, age, sex, body size, physiological states) and environmental (physical, biol...

This study aims to explore the profile of female entrepreneurs and to examine their entrepreneurial behaviour. A sample of 40 female entrepreneurs from the North-East Region of Romania was surveyed in order to identify their socio-demographic characteristics, main features of their businesses, as well as their ways of approaching business. The outcomes of the study found that female entrepreneurs in the North-East Region of Romania show many similarities with their counterparts in other countries in terms of marit...

This article describes the results of a sociological survey aimed to analyze the youth' moral qualities as important driving force of Russian economy. This study suggested a necessity of national youth policy adjustment.

In this paper we have examined the evolution of bilateral trade flows of agricultural and food products among the Black Sea Economic Cooperation (BSEC) countries in the last decade. The analysis covered the main food products classified according to the international UN Comtrade classification (2-digit products classification). Developments of agri-food trade among the BSEC countries was analyzed using the methodological approach of the Network Analysis and Revealed Comparative Advantage through the Balassa Index....

One of the factors of the economic and financial prosperity of the country is the age structure of the population. The bases for the age population structure calculation are the statistical tables. The indicator specific mortality rate is usually calculated on the base of the known data concerning the death people and living people. The Makeham - Gompertz function is one of the commonly used models for the mortality modelling of the population. Parameters of this function are mostly estimated for example by the me...

The growth rate of gross domestic product is one of the basic indicators in assessing the performance of the economy. The global economic crisis has resulted in a decrease of economic performance in all Member States of the European Union. The main aim of this paper is to focus on analysis of economic performance of the V4 countries compared to EU28. In the analysis, we follow the evolution of gross domestic product and its components in the last 10 years. Through the analysis of the development rate of unemployme...

The intangible assets as an output of creative and cultural industries represent an important part of the wealth of the society. The development of the territory established on the intangibles produced by the creative and culture industries are a factor which can support to build and exploit the local or regional competitive advantage and uniqueness of the place, especially in the field of tourism. The paper deals with the role of intangibles as an output of cultural industries that can be a source of potential co...

Generally defined as the method to transfer the ownership and control of an entity from the public sector to the private sector, privatization causes a strong impact in important areas such as social, economic, environmental. The study aims to describe, the benefits but also the effects achieved by governments and companies that have chosen and understood the importance of a transparent and competitive privatization. The data collected to be presented shows clearly that governments manage to implement policies but...

After the global crisis, the attention paid to resource utilization and cost efficiency have been an issue in a massive body of research. On the macroeconomic level, one could be interested in efficiency of the transformation of standard inputs capital and labour into an output, usually GDP. Non-parametrical way of productivity analysis helps to avoid assumption as to specific type of production function building deterministic production frontier. In the paper, data envelopment analysis approach is employed to det...

This article describes an estimation procedure for social and economic municipal district asymmetry. In order to identify social and economic asymmetry, regional parameters have been selected, analyzed and used to district quantitative rating and grouping based on developmental level. Parameter selection procedure has been covered by the regulations of the Government of the Russian Federation. Data for Kursk region' municipal districts have been used for calculations.

The research purpose was to explore the webpages of museums in the Baltic Sea region and to evaluate the level of its usage as a financial instrument. In the following article there are the different options to use the museums websites as instruments of a financial endowment, fundraising, public relations and direct sales. The group of cultural studies scholars, researchers of usability and Web-developers has investigated 20 webpages of different museums in Russia, Estonia, Latvia and Lithuania. In the framework o...

The purpose of this research is to analyze the state of economy development results and factors and to compare them in the Baltic States: Lithuania, Latvia and Estonia in the context of the European Union countries (EU-27) in the period of 2005-2012. In order to examine the changes of economic development, the index of economic development as part of sustainable development in conditions of globalization in these countries, was used and calculated, year 2005 was chosen as base. For the determination the index of e...

Tourism is an extremely active agent producing significant spatial modifications and changes in the territorial development. Therefore, it becomes necessary, for different research domains, to try estimating the socio-economic, ecological, geographical and territorial impact of tourism through the analysis of its main actor, the tourist. The main objective of this study was to anticipate the intentions of travelling and of the preferred Moldavian tourist destinations. Based on these findings, a second purpose was ...

This study is dedicated to features of risk management implementation for Russian companies preparing to become public. Methodology approach is based upon the idea that the levels of company governance may create a strong value oriented risk management system, while the standards provide the matching of stock exchange requirements. We made the assumption that not all Russian companies are equally exposed to the risks, the level of exposure estimates by measurement of differences between the actual value-basic indi...

Foreign direct investments play a significant role in the overall development of the regions. Direction of investments to less developed regions brings synergies for the whole economy. Foreign investors are usually the biggest employers in the regions and through their co-operation with small and medium-sized enterprises; they provide secondary employment and growth of small and medium-sized enterprises in the respective regions. These secondary effects play are important in the development of the economy and henc...

The study of consumer behavior has become a constant concern for marketing specialists who thus can find out how consumers choose the goods and services they need to meet their multiple needs and what the stimuli and factors are that influence their choice. With the considerable diversification of the offer, consumers have a wide range of choices. On the other hand, the increase of the purchase power, together with the increase of the education and cultural level, allow consumers to meet more and more of his/her n...

The diversity of types and forms of tourism is supported by tourist resources and especially by tourists' motivation. Currently, the medical tourism is experiencing the greatest development, especially at European level, but not only. The main elements to support this form of tourism are the natural factors of treatment, pricing, results, equipment and technics, and the reputation of certain doctors. The development of medical tourism can be done in spas or through high quality health services. Dental tourism fall...

Holding the XXVIIth World Summer Universiade in Kazan in 2013, the decision to hold the World Aquatics Championships in 2015, the football World Cup in 2018 raised an event attraction of tourist and recreational complex in the republic of Tatarstan, as evidenced by the statistics and the increasing tourist interest in our republic. However, spatial differentiation is observed within the country, the evaluation of which is the subject of this work.

Green innovations are now very often inflected term. The company is aware of the necessity of their implementation, customers are calling for greener products, and companies are trying to implement environmentally friendly activities. Enterprises uphold the principles of environmentally suitable behavior, some of them are trying to use these approaches in production, others in most of their activities. Concept of innovation raises in many of us the idea of technological inventions that are the result of long effor...

Today, housing accessibility is low in Russia. This situation is rooted in the following causes: 1. Most Russians are not able to save up for housing. High interest rates on mortgage loans limit the use of mortgage as a tool to finance consumer demand in the housing market. 2. Existing conditions of mortgage programs and high security of the asset, such as real estate, from the market uncertainty lead to increased investment demand, which brings about the continued positive dynamics in housing prices. The authors ...

On the performance and competitiveness of national economy influenced the regions through the economic subjects that are operating within them. In recent years, the part of the regional development in the Slovak republic have become except small and medium sized enterprises, business incubators, industrial parks the clusters. Clusters represent a fundamental organizing framework for understanding the local economy in regions and for developing economic performance and competitiveness. According Porter пЃ›1пЃќ clus...

In the paper we present results of research on flexibilization of labour and promoting reconciliation of work and family life in Slovakia. Data collection was done by questionnaire survey on a sample of over 400 respondents (parents of minor children) in the Central Slovakia (Banska Bystrica region). Data were analysed by data mining methods (frequency and cross tables, decision trees) in SPSS. We tested the dependence of responses to questions about working and family live and about institutional support for pare...

Unemployment is a natural consequence of the development of market economies associated with the globalization of the world economy based on free choice and democracy, which is coupled with the need for labor mobility. It also reflects the cyclical development of the economy, but may grow into uncontrollable dimensions, which is reflected not only in economic but also in social consequences. Slovak economy, as well as other European Countries, was affected by the financial and economic crisis, not only by increasi...

In order to economic growth has been not vague concept, we need a tool that will measure whether the country is moving in the path of sustainable development or, on the contrary, the situation in the country is getting worse and development reflects the change in the quantitative dimensions, or is the result of qualitative changes. The latest attempt at international level to present the best of the range of comparable and comprehensive set of indicators of well-being indicators is involved in the better life inde...

The global financial crisis has influenced economic performance of the world economy and economic theory as well. The crisis has underlined the fiscal position as a fundamentally fragile element of the Euro Area members†economies and it has also proposed the question whether the growth has not been systematically fed and accelerated by increasing public indebtedness. The paper focuses on the quantification of relation between economic performance and public debt. There is an analysis of 27 EU countries and other...

There is a sharp contradiction between public policies to support SMEs and features of Russian national SMEs. Using western experience in Russia, doing some bright projects to stimulate small businesses was important twenty years ago. Quantitative and qualitative parameters of SMEs in Russia lag behind most countries, largely due to the structure of its economy with the traditional dominance of large enterprises and the prevailing business climate. Small and medium-sized business in Russia is not innovative, does ...

The paper deals with factors influencing business performance and their effect size detection by Canonical Correlation and Regression Analysis. The paper has come to a very interesting conclusion concerning a significant positive impact of Corporate Social Responsibility (CSR) implementation on a business performance. Implementation of CSR has been believed to have a negative or neutral impact. What makes this discovery even more outstanding is the fact that this has been mined from the data related to the Czech b...

Background. The socio-economic performance of a country depends on the performance of its regions. In this paper we examined the differences between the performance of the regions of Visegrad group (Slovak Republic, Czech Republic, Hungary and Poland). Performance of countries and regions can be evaluated on the basis of various socio-economic indicators. We measured the performance of the regions using these indicators: gross domestic product per capita, employment rate and unemployment rate. In the paper a regio...

In the twenty first century the mankind with increasing frequency faces serious external and internal challenges such as space cataclysms, cardinal climate changes, drinking water shortage, air pollution, greenhouse effect, depletion, epidemics of already known and new viral diseases, military conflicts, etc. They are so massive and dangerous that they can't be solved by efforts of the certain states or even their unions and therefore the coordinated and consecutive actions directed on successful overcoming of ari...

This article begins with a short presentation of the most important and current issues about internal audit. As a basis for the research we chose to highlight the role of supreme audit institutions (SAIs) in anti-corruption initiatives. As we know, the public sector in particular has a pretty slick platform regarding the funds, budget expenditures, and an ,,opaque transparency " of income. Article brings to the attention of readers recommendations for corruption strategies, in which ISA must focus on reducing oppo...

The article deals the problem of developing methodology and its approbation on the basis of Russian regions. It is devoted also to the issues of understanding the influence of social and economic environment of the shadow activity (tax evasion) of economic agents. The issues of forecasting of tax evasion are also considered in the work. Results of the research of shadow economy show powerful impact of crisis tendencies in economy on shadow economic activity. Moreover, during crises a scale of shadow economy grows ...

The article is devoted to the study of drugs market. The theoretical and methodological aspects of drugs placement in official and informal economy, and its transitions to shadow and criminal sectors are specified. The behavioral and socio-economic factors of drug distribution are revealed. The issue of uncontrollable distribution of new psychoactive substances, possessing high potential addictiveness, need of their timely translation from shadow in to the criminal sector of economy are observed in the article. Th...

The globalization processes, that are taking place worldwide, blur the competition boundaries between nations and affect Russia's competitiveness. In recent years, the competitiveness of the Russian Federation has been limited. For instance, the Global Competitiveness Index, calculated by experts at the World Economic Forum, shows slightly better competitiveness of the Russian economy. In 2013-2014, its 64th place is not very prestigious, although compared with the last year, Russia has climbed from the 67th posit...

Company innovation is conditioned, among others, by top management: their mental focus on the development of innovative activities, the ability to allocate appropriate resources to this activity, the ability to identify and use external impulses, as well as the acceptance of many, even controversial points of view. The literature highlights the existence of a close relationship between education of executives and their innovation awareness. Few studies conducted in SMEs confirm the link and the impact of competenc...

Throughout the world there is a stiff competition among tourist destinations in general and health in particular, that should take care of the adaptation of modern policies, aggressive but also of increasing the quality of services. The practice of health tourism development revealed the fact that the absence of a unified strategy for local development, which could have been materialized in the General Urban Plan, it came as tourist sites to be realized casual and without grounded market research, going by the pri...