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Evaluation of the attractiveness of industries is an urgent problem in solving a number of problems both at the business level and at the level of public administration. This task is relevant in the selection of priority sectors, for example, for investment or allocation of government support measures. However, little attention is given to this issue in both scientific and regulatory work. Industries are valued only in terms of output and profitability. It does not take into account the fact that the solution of v...

During the Second World War in Poland in the years 1939-1945 several million people died at the hands of Nazi Germany. Commemoration of the people who were murdered in concentration camps, extermination camps, ghettos, prisons, and during mass shootings, and those who were killed in warfare and uprisings, is an essential part of the remembrance of these inhumane crimes, as well as a warning to future generations. One form of commemoration of the victims is dark tourism. Every year millions of people (tourists) fro...

In his whole, rural tourism includes a wide range of accommodation modalities, of activities, events, festivities, sports and entertainments, all running into an environment with rural specific. Therefore, rural tourism represents an concept that includes the tourist activity organized and managed by the rural local population and which has on base a close relation with human and natural environment. Agrotourism comes, in the frame of rural tourism, as a complementary activity, that fructify the surplus of accommo...

Background: Tourism industry belongs to the relative young and dynamically expanding sector of economy in post-communist countries. According to Czech Ministry of Regional Development tourism industry created on average 3 percent of gross domestic product in last ten years in the Czech Republic. The study is focused on travel agents whose main task is to mediate tourism services and take the form of travel agencies and tour operators. The paper aims to assess the financial health of tour operators and travel agenc...

The aim of the article is to analyze the current state of the register of municipalities in the Czech Republic with a focus on their influence on the development and operation of the technical infrastructure. Voluntary associations of municipalities represent one of the ways of interregional cooperation; the purpose of all associations of municipalities is to provide public services to their members. The first voluntary associations in the Czech Republic were founded in the early 1990s. Roughly half of the associa...

The scale of the modern world economy has transformed economic growth from a means of solving social problems into a factor of their aggravation. Further expansion of the economic system leads to irreversible devastating consequences for the ecosystem of the planet. Traditional economic logic has come into conflict with the interests of mankind. This article discusses the need to replace the model of economic growth with the paradigm of sustainable economic development, which includes environmental restrictions on...

The aim of the article is to identify and characterize the level of business environment risk in the sector of small and medium-sized enterprises in Poland and Slovakia to prepare the recommendation for risk management improvements in the future. Article is based on own questionnaire research, conducted among total 273 SMEs from Poland and Slovakia in 2016. The descriptive statistics and Gamma correlation will be used in empirical data analysis to achieve the paper goal. Authors emphasized that risk management sho...

Contradictions between the private and public sectors appear to be significant. The presented article maps the state and possibilities of cooperation of municipalities with private companies in the construction area. It deals mainly with the involvement of voluntary associations of municipalities operating in the South Moravian Region of the Czech Republic. These associations of municipalities are one of the possibilities of interregional cooperation, which allows provision of public services to the members of the...

In Romania, the apiarian sector is very important because it develops in very good conditions referring to the climate conditions, air and soil quality, and not in the last place the honey potential, significant apiarian production were obtained. In the last three years, the number of entrepreneurs from the apiarian sector, which manages 150 beehives, had an increasing trend. From the study, we can see that the Romanian honey and the bee products are very appreciated both in our country and in other countries like...

Greenhouse gas emissions produced by agriculture, animal husbandry, fishery and forestry activities continue to increase, although not as fast as emissions produced by other human activities. The paper analyzes the impact of agricultural, livestock, fishery and forestry human activities on greenhouse gas emissions. The goal is to build a model of greenhouse gases being changed due to human activities’ factors. As a theoretical model the authors have chosen ADL-model (auto-regressive-distributed-lags-model), in whi...

The purpose of this paper is to present issues concerning the status and evolution of the Romanian economy. The study started in this work will continue with other research in this regard. The working methods used by the authors were the data collection, processing, analysis and comparison. The research is based on a bibliography consists of various scientific publications, statistical data, books without claiming to have exhausted the literature on this subject. Economic growth represents the essential engine for...

In Latvia, tourism is considered to be one of the opportunities for economic growth and one of the priorities for the services sector, as it is a significant source of export revenue that contributes to the country’s GDP. An essential role in tourism development is played by tourism suprastructure, i.e. accommodation establishments and enterprises providing catering services. The research aim is to examine the tourism suprastructure in the regions of Latvia. The research aim has two subordinate tasks: (1) to exami...

The article deals with the prospects of interstate cooperation in the framework of the Eurasian Economic Union (EAEU) - Russia's integration project - and the Silk Road Economic Belt (One Belt, One Road - OBOR) - China's initiative of building land trade routes from Asia to Europe. The author points out that the political consensus reached on implementation of the EAEU and the OBOR between the leaders of two countries significantly reduces geopolitical risks in Russian-Chinese relations and clarifies rules of regi...

The decision on the capital structure is one of the important decisions the owners of the corporation have to make. This decision affects the risk and the return on the capital invested by the owner. The aim of this paper is to analyze how the agricultural sector in Europe uses the debt capital in its funding. The factors used for the analysis of the agricultural companies debt capital level are the size of the agricultural unit, the country of its operation, the time period, the return on assets before interests ...

Historical literature and numerous medieval fortresses offer great premises for the development of cultural-historical tourism in Romania. Fiction tourism also fits into the general picture of tourism consumption. The phenomenon seems to lure ever more tourists that are interested in legends and myths. The tighter/closer the connection between the myth and the historical character, the stronger the attraction seems to be. The methodology of the paper is based on the determination of historical truth by a thorough ...

Air transport is one of the youngest transport industries, yet in a few decades of its existence, it has built a monopoly position in the transport of people, mail and some types of cargo for very long, long and medium distances. Air transport is also the main transport mode in the international transportation. There are even some destinations that are served only by air transport. For transport operators such as transport planners, airlines, airports and aircraft manufacturers, knowledge of air transport demand i...

The conditions for the formation and effective use of human capital are the leading factors in innovative development, the determination of a country’s competitiveness, and the social and economic well-being of citizens. In the context of globalization, there is a growing role for the study and adaptation of the social and educational policy tools used by countries that are leaders in the knowledge economy. The data from the Programme for the International Assessment of Adult Competencies have made it possible to ...

In this article the mechanism of formation and functioning of creative spaces of territorial formations of the Russian Federation. This mechanism is considered as part of the concept of development of territorial entities and economic security of the country. The proposed mechanism will contribute to innovative development of territories associated with environmentally friendly use of former industrial buildings in the city, former industrial areas and improving the quality of life of the population, which will be...

The article deals with the economic driving forces that provide students with possibilities to choose an optimal educational path. In our research we combine the theory of human economic behavior and the methodology of increasing efficiency of the human capital. We develop an econometric model of optimization for higher education and individual choice-making of educational paths. The proposed model is tested with the support of a specially established software on the basis of the real statistic data for more than ...

This article is dedicated to intellectual capital overview as part of country innovation development core factors. In the article the theoretical analysis of approaches to intellectual capital definition concept, essence and structure. Provided intellectual capital definition original interpretation, structural components allocation is given. The analysis and comparison of innovation development in various countries conducted in terms of patent activity, the volume of shipped innovative products, changes in the al...

Currently, the role of investment both in global and national economies is extremely high and is one of the most pressing problems. With the growing number of transnational corporations and their branches in most of the countries began a new stage in the development of international investment relations. As a result of increased export of capital over export and import goods, the Russian economy suffers from an acute shortage of foreign investment. It is necessary to create a favorable climate and to develop a sys...

The historically formed heterogeneity of the socio-economic space has a significant impact on the structure and efficiency of the development of the northern territories economy. Economic development of the North becomes stable if the territory settlement, the preservation of the traditional economy of indigenous peoples, as well as rational land use take place simultaneously. One of the focus areas for northern economy diversification is tourism, which is now one of the fastest growing sectors of the world econom...

Social media have become a driver for substantial changes in a number of fields, including business, education and learning practices. They are present in a dominating way in lives of young people in Bulgaria. This study examined the university students’ perceptions/adoption of social media based on the example of the students at the University of Economics – Varna (UE-Varna), Bulgaria. Data was collected and analyzed from online survey of 378 undergraduate students both from bachelor and master degree programmes....

Sustainable competitiveness as a concept is introduced in the scientific debate in the last two decades. It is addressed on considering economic, social and environmental factors that determine competitiveness in the long run. The paper is focused on measuring sustainable competitiveness at the national level. Two indexes are considered: the Sustainability Adjusted Global Competitiveness Index (World Economic Forum) and the Global Sustainable Competitiveness Index (SolAbility). The paper compares sustainable compe...

The tourism of the last 60 years has been constantly expanding and diversifying, becoming one of the most dynamic and largest economic sectors globally speaking. According to data provided by the National Institute of Statistics (INS), between May and August 2016 in Romania, 3.8 million Romanians and 1 million foreigners have spent their holidays, twice as many as 6 years ago. Regarding foreign tourists who visited our country during the summer, most of them, more than half a million come from Germany. The followi...

The main objective of this paper was identifying the needs, wishes and expectations of Romanian customers in connection with their holidays, to the purpose of attempting the rebound of this economic branch, and the increase of the interest of as many potential customers as possible for Romania. The reason for choosing this topic resulted mainly from a desire to offer relevant information about a real-life situation on the Romanian tourism market, in which Romanians prefer spending their holidays abroad. In the res...

The industrial complex of Russia is one of the leading sectors of the national economy and a key component of the expanded production in general, ensuring the formation of more than 37% of GDP, over 32% employment, and more than 40% of the consolidated budget of the Russian Federation. Until 2004 inclusive, industry was regarded as an isolated, the largest branch of the national economy, consisting of isolated industries, operating exclusively in the sphere of material production. Since January 2005, the branch sy...

The main objective of this study is to identify the impact of labor force immigration on the labor market of Slovak Republic. The solution of this issue required an analysis and examination of specific relations within the labor market trends development in Slovak Republic (employment, unemployment, wage level, number of free jobs) and labor immigration. Several economic criteria are developed in this study and the effects of labor emigration on labor market are recalculated by means of mathematical calculations. ...

Studying the behavior of the consumer of sheep meat and meat products in the historical Banat, which stretches on the territory of two countries (Romania and Serbia), we can understand the motivations and the finality materialized in the purchases made by them, having major implications for the improvement of the offer from the market of meat products and increase of the marketing result in case of sheep raising and exploitation farms, but also within the processing units. It is noted, regarding the consumption of...

The economic authorities’ decisions not only influence the economy, but also induce interactions between economic authorities. The recent crisis has provided evidence that the fiscal policy significantly shapes the decisions of independent central banks responsible for ensuring price stability – the main objective of monetary policy. This mechanism, described by the fiscal theory of the price level, is not a new discovery, because it has been debated on since the 1990s. The fiscal theory of the price level holds t...

The economic literature published the last five years includes many different versions explaining the occurrence, development and possible way out of the socio-economic crisis. We are in a situation where the old economic structure lags behind in its technological development and the existing inertia delays restructuring. In addition, there are new complex threats (for example, the sanctions). The behavior of socio-economic regional systems, that have their own methodological characteristics and, to some extent, a...

For several years, the issue of innovation has been a taboo concept for some entrepreneurs. Each separate part of their company must include hallmarks of innovation. Every product or service introduced into the market or manufactured must be innovative. But is it, actually? Innovation is associated with a new, ground-breaking technology. Companies applying for EU subsidies begin to prove in their projects the innovation of their products or services. The most dangerous issue is that they prove it during the stage ...

The article substantiates the preservation for the coming period the value of oil, as one of the world's main sources of energy, and for this reason, its prospects as an export share of the Russian economy. However, the export potential of oil is currently declining objectively due to, on the one hand, the reduction in the volumes of easily recoverable stocks with good transport accessibility, on the other hand, the relative decline in world prices, which reduces the commercial attractiveness of developing new fie...

The article presents forecasting methods of economic dynamics developed by the authors. The first model is based on the mechanism of adaptive filtering of timing series. This article demonstrates prediction filters that can be effectively used in moni-toring of economic systems. Their approbation was carried out on the basis of data pro-vided by the local office of the Federal State Statistics Service of the Nizhny Novgorod region. The quantitative information was insufficient to reveal a significant statistical a...

This study is very important because through this type of green tourism (ecotourism) we would like to minimize the negative effects on the environment and on the human health. In the last years, the studies from the specialized literature showed that the foreign tourists (Germans, English, Americans) want to spend the vacation in places which are “friendly with the environment”, even if they have to pay more for the offered conditions. In our study, we used a questionnaire among the Romanian tourists, which love t...

The northeast of Russia by in large and Yakutia in particular, is almost undeveloped tourist region of the world. However the region has the considerable tourist and recreational potential allow considering him as perspective. Tourist and recreational division into zones act as scientific base of territorial planning and management of a tourist complex. Now division into zones of this part practically of Russia isn't developed. The option of tourist and recreational division into districts of the Republic of Sakha...

At present the problem of regional innovation development in Russia is rele-vant. The incipient new industrial policy aimed at the priority development of high-tech industries, the growth of output of science-intensive and competitive goods at the for-eign and domestic markets should been separable associated with the growth of innova-tion activity, innovation potential and the effectiveness of innovation in the regions of the Russian Federation. The article describes one of widely accepted methods of inno-vative ...

Business Tourism on the Bata Canal is one of the best developing businesses in the Czech Republic. Business development is mainly supported by municipalities and cities and regions. Despite this support. There is a risk of doing business. The study describes and explains these major risks. The study indicates to specific development of inland waterways in the Zlín region and follows analysis of the Bata canal for tourism, business activity, environment and financing structure. It also focuses on the planned develo...

The authors focused on the analytical work on the autism spectrum, the continuous growth in terms of number of clients of social work and difficulties with mental disabilities - of men, women, children, youth, adults and seniors, is a challenge to the scientific orientation. Precisely it is because of the issues of disadvantaged, communication, therapeutic activities, and economic support for mentally disabled people in their families and society are not paid enough attention. A typical reaction of the family afte...

The Russian economy is in crisis. In 2014, the Russian government has introduced a food sanctions. This caused a certain economic processes in agriculture, post-Soviet Russia. Now the problem of food security of Russia practically solved. The main figures of the Russian agrarian economy are large agricultural holdings. The value of small farms is reduced. However, the agrarian economy of post-Soviet Russia is on the verge of a new economic crisis associated with the termination of public investment. We discuss a n...

The economic development of the Russian economy involves intensive development of services. Tourism in recent years has become a key component of the services sector and the economy as a whole. This direction is of fundamental importance for the formation of Russia's GDP in the postindustrial period of economic development of the world economy. Lately in the world and in Russia the increasing distribution receives the direction of the environmental services, including ecotourism. However, taking into account world...

This article describes the problems of the formation of territorial brands as a factor of sustainable tourism development in Russia. The basic definition of a territorial brand and regional branding and more developed formulations of the above categories. Selected fundamental principles that should guide the creation and promotion of territorial brands. Much attention is paid to the formation processes of territorial brands on the example of Republic of Tatarstan. Territorial brand characterizes as set of develope...

For effectiveness of sheep farms and economic development of the area where farms develop his activity, we propose the following activities, which can be implemented in any farm regardless of the herds and of the location where the farm is situated. These activities are: rediscovering the ancestral technologies of obtaining traditional products (patina cheese, bellow cheese, cheese in shell of tree, smoked curd, fermented curd, soft ewe’s milk cheese, kneading soft ewe’s milk cheese), rediscovering specific custom...

The budgetary policy of any state is a tool that realizes its priorities, goals and objectives that finds its reflection in structure of its expenditures. The analysis of the budget items allows making conclusions about the state priorities and prospects for the development of this state. The main criteria reflecting the country's long-term social and economic forecast are investments in the spheres reflecting the development of the human capital, that is, into the social policy. A lot of the developed countries a...

Current customers must be able to quickly and accurately navigate through a range of products that are offered at a time of global world, highly competitive and saturated market and producers. On the other hand, enterprises must fully know the requirements, needs and purchasing power of their target customers. By knowing this, they can prepare a proper offer where the customers will be able to choose. The price is therefore one of the determining factors of a functioning market. The price of goods or services is a...

The article substantiates the topicality of developing the theoretical and methodological bases for threat monitoring in the regional alcoholic beverages market. The need to modernize the regional policy of state regulation of alcohol production in the subjects of the Russian Federation under growing external and internal economic threats has been identified. The assessment of threats to the development of the region as a result of a reduction in the turnover of alcoholic products was conducted using a situational...

The article justifies expediency of creation basic universities in the industrially developed regions of Russia with a significant scientific, educational and innovative po-tential and well-established links with industrial enterprises of the region. The strategic mission of the basic universities is to promote the development of the real economy through the organization of an effective transfer of knowledge and technologies, as well as the training competitive specialists that ensure the implementation of modern ...

Lean Management (LM) has been presented as a one of the methods for improving the competitiveness of manufacturing companies. Today, observations show that, despite the many benefits of implementing LM tools, relatively few companies make a decision to -employ them. Although considerable research has been devoted to lean manufacturing, rather less attention has been paid to conditions of its implementation. It is important to know the drivers and barriers of the implementation of lean, however, diverse business co...

The main purpose of this research is to identify different methodological approaches that can be used in economics to evaluate environmental resources that are integrated in tourism product. Environmental resources form essential physical plant for tourism development. It would be almost impossible to imagine tourism product that does not integrate, directly or indirectly natural resources. Strong expansion of tourism development, reflected in significant increase in number of international visitors, same as accep...

The article presents the essence and importance of labour productivity, which is the primary indicator for the assessment of the competitiveness of countries in the international market. The aim of the work is the analysis and evaluation of labour productivity in Poland against the background of the countries of the European Union and international statistics. The results of the research and analysis presented concern activities and courses of action within the framework of the Polish labour productivity growth st...