Situation Of Economic Crisis Research Articles

EUROPEAN POLICY VECTOR M. THATCHER, T. MAY, L. TRUSS: EUROSCEPTICISM, BREXIT, DISTANCING

The article is devoted to the European course of Prime Ministers M. Thatcher, T. May and L. Truss, based on the analysis of a wide range of sources and literature, the British policy regarding Euro integration in the period 1979-1990, and 2016-2019 is examined. and 2022. The work identifies the main stages and main directions of each of the three ladies - heads of government of the United Kingdom in the formation and implementation of the British strategy in a united Europe. We examined the reasons, goals, features and factors of London’s political course regarding the Brussels model of deepening and expanding cooperation from the European Economic Community to the European Union. It is shown that, firstly, the Thatcher government sought to use the Common Market as a trade and economic bloc, membership in which could contribute to both the economic growth of its country and the restoration of Britain’s global role in Europe and in the world. This task was solved by Thatcher through sharp confrontation, defending British interests, and receiving benefits and preferences from participation in the Community. Secondly, after the decision of the referendum on leaving the EU, T. May led a complex and contradictory negotiation process to develop conditions with Brussels, the British Parliament and the Conservative Party, which found itself in crisis due to disagreements on Brexit, which led to T. May’s resignation. Thirdly, the course of the L. Truss cabinet, in a situation of economic crisis, was focused on protecting British interests in trade and the fight against illegal migration but did not lead to noticeable results.

PENGEMBANGAN STRATEGI PEMASARAN DALAM MENINGKATKAN PRODUKTIFITAS BAGI PENGRAJIN JAMU TRADISIONAL DIKOTA BATAM

In an economic crisis situation like this, the MSME sector really needs special attention from the government because it is the largest contributor to GDP and can be a mainstay in employment. However, the impact of Covid does not all have a negative impact on the development of MSMEs but some also have a positive impact, such as on producers. The local herbal medicine in Batam City is Jamu Bos which is led by Mrs Christiani Prasetiasari with the address Purimas 1 block A2 No 26 Batam Center Batam City. Various classic problems faced by Jamu Bos producers, such as low understanding of basic marketing, limitations in mastery of health management. The aim of this community service activity carried out at Jamu Bos is to: 1) Expand market share for its products, through providing promotional media and increasing expertise and skills through assistance in marketing products 2) Increasing skills and understanding in the field of marketing management design

Features of implementation of catering enterprises strategies in modern conditions (on the example of Russian largest cities)

The article is devoted to the study of catering enterprises strategy implementation in the conditions of economic crisis situations of 2020–2022. In particular, the article highlights the foreign scientists’ points of view regarding the definition of the “strategy implementation” concept, and the process approach to the definition is provided as a fundamental one. The scientific novelty lies in the fact that on the basis of the study key catering market trends for the period 2020–2022 were identified. The following main statistical indicators were used: the turnover of catering in the Russian entities and per capita, the number of places in catering enterprises and the availability of catering enterprises per 1,000 population. It was concluded that apart from the ongoing post-coronavirus trends, such as ensuring a high level of quality and safety of manufactured products, changing the supply chains, delivery of finished goods and takeaway format, in modern conditions, consumers are becoming more economical and rational in their expenses and are trying to optimise their budget. In 2022 and 2023, the following trends remain: establishment of interaction between catering enterprises and consumers, personalisation of clients, support of positive “word of mouth” and establishment of partnerships with local suppliers of products and ingredients to ensure supply stability. An assessment of catering enterprises strategy implementation with consideration to the influence of the identified trends is emphasised as a direction for further research.

위기상황을 고려한 기관투자자의 허용위험한도 적정성

This study aims to promote efficient asset management performance by analyzing whether the risk tolerance limit set by investment institutions is appropriate considering the economic crisis situation. To this end, this study, under a total of six economic crises over the past 15 years, analyzes the sensitivity of each asset group by measuring the expected change in return for each investment institution's strategic asset allocation plan in the event of a global economic situation. After that, a virtual portfolio according to sensitivity is established, the MVO financial model is applied, and a back test is conducted to analyze the appropriateness of the risk tolerance limit by the investment institution. As a result of the analysis, it is found that the current risk tolerance limit of the Financial Mutual Aid Association, the one-year Shortfall Risk(limit value of 10%), satisfies all risk limits except for systematic risk. However, it is analyzed that the 5-year Shortfall Risk(limit value of 2.5%) satisfies the limit only in some portfolios when invested in a normal market. This means that the limit of the 5-year shortfall risk is set lower than the 1-year shortfall risk. Finally, it is appropriate to maintain the current risk tolerance limit of the Financial Mutual Aid Association, Shortfall Risk(primary≤10.0%) for one year, and Shortfall Risk(CPI≤2.5%) for five years is expected to need to be raised.

CRIMINOLOGICAL ASPECT OF CRIMINAL BANKRUPTCY

One of the types of crimes in the economic sphere is criminal bankruptcy, which is committed under the influence of mercenary-economic motivation within the framework of legal economic activity and contrary to Russian legislation, violating the economic interests of the state and pursuing financially illegal goals. Considering the criminological aspect of criminal bankruptcies the authors analyzed the level of crime in this sphere, and also revealed the main causes and conditions of committing crimes under Art. 195-197 of the Criminal Code of the Russian Federation. Analyzing the statistics from 2004 to 2021 in Russia in comparison with regional indicators (Kirov region, Udmurt Republic, Perm region, Sverdlovsk region) of crime, conclusions are drawn about the need to improve measures to prevent criminal bankruptcies. The ways to optimize the fight against criminal bankruptcies are proposed, taking into account the specifics of the measures, which in the financial and economic crisis situation will allow the debtor to improve its solvency and reduce the level of crimes under consideration. The system of measures of prevention of criminal bankruptcies including measures of general (measures of economic, socio-political and legal character) and special character (measures of criminal-legal, organizational and operativesearch character) is presented.

Exploring the Challenges in Developing and Managing Digital Agility Among Sri Lankan Family Business Owners During the Economic Crisis Situation

The purpose of this qualitative study is to explore the ongoing post-pandemic challenges in developing and managing digital agility among Sri Lankan family business owners. This study used a mono-method qualitative approach to identify the management strategies using the self-determination theory and social exchange theory to cope with digital agility among Sri Lankan family business owners. Authors interviewed 25 family business owners in Sri Lanka and assessed the findings using the NVivo software. A total of five thematic findings have been identified as challenges in developing and managing digital agility among Sri Lankan Family Business owners. According to this study, digital capability plays a significant role in supporting top management to apply ambidextrous leadership during turbulent times. Findings contributes to the family business owners in Sri Lanka to identify proper strategies in overcoming the challenges associated with developing and managing digital agility of family business firms.

Impact and Viability of Gastronomic Ventures in Manzanillo, México: Situational Analysis in the Post Covid-19 Era

One of the alternatives that are available to people in a situation of economic crisis are gastronomic ventures. The economic environment plays a fundamental role for the success of this type of company, so it is necessary to identify and develop instruments that empower the entrepreneur to achieve their organizational objectives in order to be present in an increasingly competitive market. The gastronomic sector in Mexico has been beaten over the last two years by different factors; public health (pandemic restrictions), violence (curfews in some regions) and economic (inflation and shortages). However, this sector represented -until 2019- 2% of the national GDP, so it was important to know the economic impact in the post covid-19 era in this sector of the country. In times of economic turbulence, crises behave like a kind of "sweeper" that wipes out companies and businesses that lack organizational strength to face the ravages of a phenomenon of this type such as lack of liquidity, low sales and rising prices. Prices. For this reason, this research focuses on studying the ventures in the gastronomic sector, the impact suffered by covid-19, the scarcity and the rise in prices of inputs derived from war conflicts and political situations in the world environment that affect the macroeconomic indicators of the country and region. The study will focus on companies in the gastronomic sector of the municipality of Manzanillo, Colima, Mexico. Where inflation was identified as the main problem that lacerates restaurant businessmen with 88.7% of the cases studied. Finally, the instruments used to cope with the crisis experienced are detailed, the main strategies for the improvement and reactivation of sales were identified, as well as the red flags to attend to a possible resurgence of economic stagnation in the short term.

THE IMPACT OF COVID-19 ON YOUNG MIGRANTS AND REFUGEES IN BULGARIA

The notion of crisis introduces two aspects. On the one hand it is a difficult or dangerous time. On the other hand, it covers a condition of instability or danger which implies and presupposes a quick solution and important decision to be made in order to overcome a critical situation. Тhe study is aimed at exploring to what extent vulnerable groups of the society such as young migrants and refugees residing in Bulgaria have manifested an ability to cope with various obstacles imposed by Covid-19 crisis. Methods of the study include interviews conducted with young migrants and refugees and continuous desk research. The migrants were placed in an extremely vulnerable position with the onset of the COVID-19 pandemic. This was due to many factors, including little or no knowledge of the language of the host country, lack of experience in using services provided by institutions, insufficient access to social or health services. Another key risk reinforcing their vulnerability is that they more easily fall from the labor market in a situation of economic crisis as a consequence of a pandemic. However, gathered data from the interviews with migrants and refugees picture them as resilient in coping with crises. The research paper provides findings and analysis of the ability of young migrants to mitigate the negative consequences of the pandemic crisis. It is related to strong curiosity and desire to learn, work and contribute to the host society.

PRODUCER ORGANISATIONS OPPORTUNITIES AND PERSPECTIVES IN BULGARIA

As a result of the economic crisis situation in the country, the need arises for the farmers to look for alternative methods to deal with challenges that they are face in the business environment. In Europe one of the main approach for overcoming crisis situations and increasing the efficiency and development of small and medium-sized farmers is unification in producer organisations. This report aims to reveal important characteristics of producer organisations and to justify their application as an opportunity to improve the agribusiness development in Bulgaria

Protection of foreign investments during economic crises.

Foreign investments play a crucial role in overcoming the economic crisis in individual States, especially if such a crisis is systemic in nature, and domestic entities lack resources that could be attracted to the economy. In this case, foreign investment is often the only way to restore the normal development of the socio-economic sphere. At the same time, in crisis situations, foreign investors themselves require special protection, which in this case are exposed not only to commercial risk (such risk is "normal", and no one is responsible to the investor for it), but also to "political" risk (which is usually inextricably linked with economic), if, for example, an economic crisis leads to a revolution, a coup, or simply a tightening of economic policy, within the framework of which enterprises are nationalized, including those created at the expense of foreign investment. The currently existing international legal mechanisms, primarily insurance of "political" risk, do not solve the problem due to the fact that it is difficult for insurance companies to receive compensation from sovereign states by way of subrogation. Thus, the importance of national legislation increases - the norms of which should form the investment attractiveness of the state and give foreign investors confidence in protecting their rights even in a situation of economic crisis, for example, in Russia tax benefits are provided for foreign investors in case of adverse changes in the tax burden (the institute of "tax stability") in accordance with Article 9 of the Federal Law "On foreign investments".

Intervención pública entre Estado y empresa en la sociedad de crisis económica, pandémica y militar

The objective of this article is to analyze the nature of public intervention in the economy that has become necessary following situations of economic crisis caused by recent global emergencies. In particular, it is highlighted how more than forty years of economic policies of liberalization and privatization of the former public monopolies, accompanied by a constant and intense criticism of the State and of the public administration and by an exaltation of private enterprise, have contributed to create a contingent condition for which it appears difficult to return to direct management by the State in some economic sectors which are fundamental for the quality of life of citizens.

Economic crisis management in construction projects - A Review

You Many of the construction industries have accepted increasing importance of economic crisis management to control risks. Economic crisis and their management have been critical issues which are related with projects, the construction company and their customers are related with higher chances of risk. The reason for their higher risk is their construction process and activities, their background and their organization. This study is related to economic crisis which immediately taken part in the construction project. The risk in the construction projects is usually identified as an event that highlights objectives of manpower, material and money. The ideas at various levels of construction industries have been collected through literature survey and their results have been analyzed in this paper. From this literature study, the situations influencing economic crisis were studied and recommendation has been expressed to devastate those economic crisis situations.

Praktik Manajemen Strategis Pada Masa Pandemi Covid-19: Studi Kasus Pt X Pelaksana Konstruksi Swasta

Throughout the year of 2020 and 2021, the country of Indonesia is faced with the economic crisis situation caused by the COVID-19 pandemic. The Indonesian goverment has conducted various new up-to-date regulations throughout time accordingly to the latest conditions of the public health in order to prevent the further spread of COVID-19 pandemic, while trying to keep the national economy balanced. X company is one of private costruction builder sector in Indonesia that is impacted by the COVID-19 pandemic. This research is aimed to explore how the COVID-19 pandemic impacts the private construction builder company on the focal of the crisis nowadays, and how the strategic management and crisis management responds in reality from a private construction builder to face the pandemic crisis. The data on this exploratory qualitative research is obtained through direct interviews in X company head office in Surabaya. Four informants are chosen based on the authorization of the management, also from human resource, planning and estimation, health and safety departments. Analysing this qualitative research is done through open coding, axial coding, and selective coding processes. This research found that private construction builder sector is affected negatively in terms of financial, operational, and employee aspects caused by the COVID-19 pandemic, and the dynamic changes of government regulations. The X company management decided to implement various short term strategies consists of retrenchment, persevering, and innovating methods in order to survive during the pandemic crisis. Keywords: COVID-19, crisis impacts, crisis management, exploratory qualitative, private construction

Image Classification of Parcel Boxes under the Underground Logistics System Using CNN MobileNet

Despite various economic crisis situations around the world, the courier and delivery service market continues to be revitalized. The parcel shipping volume in Korea is currently 3.37 billion parcels, achieving a growth rate of about 140% compared to 2012, and 70% of parcels are from metropolitan areas. Given the above statistics, this paper focused on the development of an underground logistics system (ULS), in order to conduct a study to handle the freight volume in a more eco-friendly manner in the center of metropolitan areas. In this paper we first analyzed the points at which parcel boxes were damaged, based on a ULS. After collecting image data of the parcel boxes, the damaged parcel boxes were detected and classified using computerized methods, in particular, a convolutional neural network (CNN), MobileNet. For image classification, Google Colaboratory notebook was used and 4882 images were collected for the experiment. Based on the collected dataset, when conducting the experiment, the accuracy, recall, and specificity of classification for the testing set were 84.6%, 82% and 88.54%, respectively,. To validate the usefulness of the MobileNet algorithm, additional experiments were performed under the same conditions using other algorithms, VGG16 and ResNet50. The results show that MobileNet is superior to other image classification models when comparing test time. Thus, in the future, MobileNet has the potential to be used for identifying damaged boxes, and could be used to ensure the reliability and safety of parcel boxes based on a ULS.

ОПЫТ И ПЕРСПЕКТИВЫ РАЗВИТИЯ ТЕХНОПАРКОВ В РЕГИОНАХ РОССИИ

The article is devoted to the study of the experience of the development of technoparks and the determination of their development trends that need to be supported at various levels of innovation management. Innovative development of the country is connected with advanced technologies and their integration into socio-economic regional systems. The process of broadcasting scientific and technological progress for business entities depends on the quality of the institutional and logistical environment in which technoparks play a key role as relatively independent and separate structures consolidating scientific, human and technological resources. The object of the study is the technoparks of Russia. The subject of the study is the process of technoparks1 functioning and development. The purpose of the work is to study the peculiarities of the technoparks1 functioning and development in Russia. In the course of the work, strategic directions for the development of technoparks were identified, limitations of their integration into the business environment of the country’s subjects were identified, directions for improving the efficiency of cooperation and functional optimization were proposed. Research methods are the following: methods of system, situational and comparative analysis were used in the work. As a result of the study, the high importance of the state's participation in the development of technoparks as a key subject of innovation activity is determined. The necessity of public-private partnership is substantiated, which determines the vector of sectoral development based on the interest of leading enterprises in regions of various specialization. The limitations of sustainable integration of technoparks are determined due to the inconsistency of traditional approaches to managing these structures, the need for fundamentally new management models in difficult situational conditions. It is necessary to search for tools to attract qualified personnel on a platform basis, providing opportunities for the implementation of complex knowledge-intensive projects. The improvement of domestic technoparks is a necessary and significant element in the development of the national innovation system in order to support an innovative breakthrough in a situation of economic crisis and globalization

ОБОБЩЕННЫЙ АЛГОРИТМ ПРОГНОЗИРОВАНИЯ МЕСТА, ВРЕМЕНИ, МАСШТАБА ВОЗМОЖНОЙ ЭКОНОМИЧЕСКОЙ КРИЗИСНОЙ СИТУАЦИИ

The article proposes a generalized algorithm for predicting the place, time, scale of a possible economic crisis situation of various origins for use in the interests of ensuring the functioning of the information system of a constituent entity of the Russian Federation in the event of a threat of an economic crisis situation of a regional nature. It is based on the use of the method of correlation data analysis. A feature of the obtained solution is the result of comparing the initial data with the reference function, which makes it possible to determine the time for the implementation of the simulated process of predicting the development of a crisis situation of a different nature. The developed algorithm is based on the interaction model of the main parameters of the emergence of an economic crisis situation (ECS). On the basis of the analysis carried out, quantitative estimates of the duration of the interval of development of individual elements of the ECS with its possible development were obtained.

Omnichannel strategy of digital transformation of retail trade enterprise: from concept to implementation

The development of a strategy for the digital transformation of organizations is a pressing topic, since in a situation of economic crisis and quarantine restrictions, entrepreneurs are forced to react quickly by implementing a new trading model. The purpose of the article is to analyse in practice the application of theoretical and methodological aspects of digital transformation. The leading research methods became omnichannel approach and business analytics. The article proposes an omnichannel concept of retail in the era of digital transformations. Emphasis is placed on the following issues: customer support throughout the product life cycle via all integrated channels; integration of cyberphysical management systems “smart” trading environment; expansion of digital services both with buyers and with all stakeholders; involvement of the final consumer in the trading process. The main stages of the strategy of digital transformation of the retail enterprise are offered. Opportunities, risks and competitive advantages of digital technologies application are considered. Emphasis is placed on the connection of managed digital resources and the formation of skills of a team of performers led by a leader. It is determined that the use of Internet marketing in the retail network of pharmacies is characterized by advanced multichannel tools and processes. The competitors of the add.ua domain and directions of analysis of their effective key words, advertisements and key indicators are investigated.

Kompetensi Kewirausahaan para Knitting Entrepreneur terhadap Kinerja Usaha (Kasus pada Sentra Industri Rajut Binong Jati Bandung)

Abstract Micro, Small, and Medium Enterprises (MSMEs) as a business group that is proven to be able to survive in a situation of economic crisis. The existence of the ASEAN-China Free Trade Area agreement opens opportunities for MSME entrepreneurs to be able to develop but can also result in domestic products competing with products originating from China which is famous for its lower prices. This is also felt by knitting entrepreneurs at the Binong Jati Knitting Industry Center which can have an impact on the performance of their business. This study aims to see and analyze the relationship between financial competence and entrepreneurial competence on the business performance of non-knitting entrepreneurs at the Binong Jati Industrial Center, Bandung. This research uses quantitative methods and descriptive analysis methods. Sampling in this study is probability sampling with the type of simple random sampling with a number of respondents 78 knitting entrepreneurs in Binong Jati Rajut Industry Center. The data analysis method used in this study is Structural Equation Modeling (SEM) with data processing using SmartPLS. The results of this study indicate that entrepreneurial competence has a significant effect on the performance of financial ventures with a significant contribution of 59.4% and entrepreneurial competence also has a significant effect on non-financial business performance with a contribution of 45.8%.

The first turnaround response of family firms in a crisis situation

Building on recent advances in the socioemotional wealth (SEW) literature and the concept of bifurcation bias, we explore the first turnaround response of family firms to a decline in financial performance. We argue that heterogeneity among family firms in terms of their levels of family ownership and family involvement in management alters their response to an economic crisis situation. We also contend that severity of a crisis situation significantly moderates the relationships. Our multi-level analysis of a sample of crisis situations pertaining to family firms supports our hypotheses.

Changes in household saving and borrowing behavior during the economic crisis

In the article the authors use the well-known model of “permanent income” to explain the behavior of Russian households in a situation of economic crisis. The authors challenge the widespread opinion in the Russian economic community that the Russian banking system’s recovery from the crisis caused by the coronavirus epidemic will be quite short and intensive. The almost thirty-year history of economic crises in Russia does not give rise to such optimism. The article provides evidence that during the past economic crises, Russians have always chosen the “savings” model of behaviour. The essence of this model is that at the first obvious symptom of the crisis, which is a reduction in current income (less often a loss of employment), households sharply reduce their current consumption. It is noteworthy that the savings behaviour pattern extends beyond the acute phase of the crisis. A high savings rate is maintained for a long time as the value of current household income has recovered. It is assumed that the savings model has become a stable behavior pattern as a result of the long (about 20 years) period of stagnation of the Russian economy at the turn of the 20th-21st centuries.