Trend Of Economic Development Research Articles

Comparison of old and new revenue recognition criteria and countermeasures——Take Evergrande Real Estate Group Co., Ltd. as an example

In the current social development, transaction mode is constantly having to bring out the old, and the step and method of revenue recognition is becoming more and more complex. So the defects of the original income criterion are exposed gradually. In order to comply with the trend of Chinese economic development and perfect our accounting information standard, the Ministry of Finance made an innovation income recognition criterion decision. Therefore, the Accounting Standards for Business Enterprises No.14 Revenue (Finance and Accounting [2017] No.22) was released in July 2017. Compared with the original revenue recognition standards, the adjustment between the two standards and the revenue recognition standards in international financial reports basically converge, and the requirements for the way, time or time of revenue recognition of enterprises are significantly improved. Income is a very important indicator to evaluate the profitability of an enterprise in the process of operation, so the recognition and measurement of income is very important. The purpose of this study is to compare the differences between the old and new revenue recognition criteria, propose solutions to the problems, and clearly define how real estate enterprises recognize revenue under the new standard, what impact it will bring to real estate enterprises in practice, and what aspects real estate enterprises should pay attention to under the revised revenue criteria. This paper will also have a reference for other enterprises.

624 Economic Development and Trends of Cerebrovascular Disease Mortality in Eastern Europe: 1992-2019

INTRODUCTION: Several studies have shown that a country's overall mortality rates are inversely related to it's gross domestic product (GDP). Eastern Europe experienced rapid economic growth after the fall of communism, and as such its public health sector swiftly improved. How this economic growth has affected mortality rates due to cerebrovascular disease has never been studied. METHODS: Eight countries were included in this study, representing the Warsaw Pact founding members: Albania, Bulgaria, Poland, Romania, Hungary, and Czechia, with Russia and Ukraine representing the former Soviet Union. As East Germany joined West Germany in 1990, it was excluded. Age standardized death rates from cerebrovascular disease per 100,000 people from 1992-2019 were taken from the World Health Organization (WHO) Mortality Database using the ICD-10 (International Classification of Disease) codes 160-169. Each country’s GDP per capita (inflation adjusted to 2015 dollar amount) during those years was taken from the World Bank World Development Indicators Database. RESULTS: Cerebrovascular disease mortality decreased from 1992-2019 in every country, despite divergent trends in economic development. Indeed, Ukraine’s cerebrovascular disease mortality rate decreased by 42.9% even though its GDP per capita decreased by 4.8%. The countries with the largest decreases in mortality are Czechia (-78.9%), Hungary (-62.7%), and Russia (-49.3%) while Albania had the smallest decrease (-29.4%). CONCLUSIONS: Rates of cerebrovascular disease mortality among the Warsaw Pact’s founding members decreased after the fall of communism, despite differing rates of economic development. Further research is warranted regarding these countries’ healthcare practices during this period. Hopefully, lessons can be gleaned to improve public health and neurosurgical care in other developing nations.

Competitiveness of Milk Production. New Perspectives for Developing a New Direction in Tourism: Dairy Tourism

The presence of natural and economic risks in agriculture is inherent in many countries, including the Republic of Kazakhstan, which makes the development of the agricultural sector an urgent issue for agricultural producers, especially now when the integration of agro-tourism, which is a kind of breakthrough for the development of rural industry and the revitalization of rural areas, takes place. Integration of agro-ecological efficiency and agrotourism is also closely connected with the competitiveness of milk production by farms and the development of a new direction "dairy tourism", so the study of the relationship between them is of great importance for the implementation of agro-ecological quality development. Kazakhstan has favorable conditions for the development of dairy tourism sector due to the area of cultivated agricultural land, favorable natural and climatic conditions, large volume of dairy products market, positive trends in economic development of the country and, as a consequence, growth of solvent demand, which makes the dairy sector attractive. The aim of the research is to substantiate theoretical provisions and analyze the impact of agrotourism on the efficiency of dairy production competitiveness management in farms (on the example of the northern region of Kazakhstan).

Comprehensive modernization and innovative development of the SMART economy of the future

The article examines the SMART economy concept and basic principles. The problems and prospects for the implementation of SMART specialization in the economy in the context of globalization processes, digitalization, and technological progress are identified. The described research in this article is based on 20 relevant scientific papers by Ukrainian and foreign authors. Based on the analyzed sources, current trends in economic development are compared with those that occurred in the past. Such an analysis allowed seeing in dynamics the directions and pace of development of the future economy. It is determined that the implementation of the SMART-concept leads to long-term strategic structural changes in the economy of each individual region and the country as a whole. The author's vision of improving the approach to economic development with the use of SMART specialization is proposed.

Характеристика факторов внешней среды, влияющих на устойчивость промышленного предприятия

The problem of ensuring the sustainability of the development of an industrial enterprise is a consequence of the rapid pace of changes in the external environment and the needs of business in purposeful and sound strategic management of sustainable development. In an unstable environment, standard management methods and techniques based on standard economic indicators cannot be used to make decisions regarding the sustainable development of an industrial enterprise, which requires new approaches to the study of its sustainability factors. These circumstances determine the scientific and practical significance of studies of environmental factors influencing the sustainability of industrial enterprises. As you know, the sustainability of an industrial enterprise largely depends on the specific stage of business development. Taking into account these conditions, a study of modern approaches to systematization of the factors of influence of an unstable external environment on the stability of an industrial enterprise was conducted. The scientific and practical significance of such studies for improving the effectiveness of strategic sustainability management of an industrial enterprise is substantiated and the conditions for their implementation are determined. Using critical analysis, the results of a number of approaches to the grouping and characterization of environmental factors of enterprises are systematized. Conclusions are drawn about the need to take into account the factors of influence of the external environment of an industrial enterprise in the studies of their interrelations with the factors of the internal environment. The results of the study provide an increase in knowledge in the field of theory and methodology of strategic management of sustainable development of industrial enterprises in the conditions of uncertainty of the external environment. and they are of applied importance for the practice of strategic management, forming the necessary basis for improving the classification of environmental factors influencing the sustainability of an industrial enterprise as one of the tools for strategic decision-making. Classification allows not only to systematize factors for certain reasons, but also to develop an action program to reduce the impact of identified negative factors on the sustainability of the enterprise, taking into account external trends in economic, political, social and environmental development, etc.

Impact of regional economic strategy on China’s foreign trade

Taking into account global and regional trends and national goals and using Professor V.L. Kvint’s methodology of strategizing as the basis for the study the author assesses the impact of the regional economic strategy on the foreign trade of the regions of China. Development of China’s foreign trade has strengthened the country’s ties with the rest of the world, efficiently improved the country’s modernization and contributed to global prosperity and progress. The study has revealed that leadership in export and import belongs to coastal eastern and southeastern regions, which is a peculiar feature of the regional structure of China’s foreign trade. At the same time northern and western regions are engaged into foreign trade very little due to their landlockedness. The author points out that promotion of strategic development of regional economic structure provides for sustainable development of foreign trade. The article contains the analysis of indicators of export of goods from China in its basic directions and the basic directions of import to China according to the indicator of the volume of import of goods in 2021. The author studies the threats for development of export and import and defines the most important strategic trends of foreign economic development of China. It has been stated that coordination of regional economic modernization through foreign trade requires timely correction of its model and promotion of modernization of industrial structure.

Factors Influencing the Formation of Human Capital of Agribusiness of Russia Under Modern Conditions

The state agrarian policy is one of the main elements of the state socio-economic policy. The relevance of the issues of formation and effective use of human capital in the agricultural sector is increasing taking into account the aggravation of the demographic situation, economic and political sanctions, and global economic development trends.

GREENING BASIS OF THE SOCIALLY RESPONSIBLE BUSINESS

Topicality.The modern trend of economic development is its socially-oriented focus on the basis of a circular reproduction model formation, where its ecological orientation is an important aspect. The concept of sustainable, socio-economic-ecological development is closely related to the concept of social (corporate) responsibility, and discussions about the relevance of conducting socially responsible business in the new millennium are growing every year, attracting an increasing number of scientists from various areas of economic, management and other scientific fields. The above actualizes the study of the problems of business development on the basis of their social responsibility as effective goal setting in the context of the formation of a circular economy model with the determination of the necessary conditions for its ecological development.Aim and tasks.The purpose of the study is to determine the principles of greening the development of socially responsible business based on the circular economy model.
 Materials and methods.The research was based on such information resources as official documents of international organizations (UN, OECD, European Parliament, World Bank), regulatory and legal acts of Ukraine, analytical materials of the State Statistics Service of Ukraine, important scientific works of Ukrainian and foreign scientists, devoted to issues of environmental responsibility of business in the context of solving the problems of sustainable development. The authors used such scientific methods as empirical (description, comparison), theoretical (analysis, synthesis, generalization) and systematic.Research results.The result of the study was the improvement of approaches to determining the imperatives of a circular model forming of the socially responsible business development in Ukraine in the conditions of post-war recovery, including the mutual influence of financial performance socio-economic growth and socially responsible business; balance of the company's goals and compliance with the principles of conducting socially responsible business; growth in the volume of the ecological products market; building a waste management system based on "prevention" of their occurrence; the formation of image and reputational benefits as a factor in attracting investments and forming a circle of loyal customers; transparency of business operations and solving the problem of market information asymmetry. In addition, proposals were developed regarding the need to support national business in the fiel of the waste management’scircular mo el, which in the conditions of martial law is unable to fully implement social initiatives on its own, indirectly through the system of tax benefits, and directly through active institutional state support based on the best international practices.Conclusion.The formation of ecological development imperatives for socially responsible business is a necessary condition for the formation of a circular economy model. At the same time, the very foundations of socially responsible business’ ecological evelopment should include, firstly, awareness of the profit maximization processas a result of the rational resources use with the creation of a positive company image, and, secondly, awareness of compliance with current legislation in terms of frugality and environmental protection. The guidelines for the further development of socially responsible business in Ukraine in the conditions of martial law and post-war recovery should be its systematic implementation and full awareness of society about the advantages of such a business model. The development of an effective strategy for conducting socially responsible business on the basis of greening in the country is envisaged with the inclusion of business representatives in its development. The result must be measurable, otherwise the implementation of the strategy will not take place. The result of the policy implementatione of conducting socially responsible business on the basis of its greening should be progressive changes in the management system and the formation of the circular economy model foundations in the country.

Impact on Innovative Activity of Subjects of Economic Using of Natural Resources

Problem setting. As a result of open Russian aggression and hostilities on the territory of Ukraine, significant amounts of Ukrainian land, water and underground sources, and other natural resources have been withdrawn from economic circulation. These circumstances have a significant impact on the state of operations and innovative behavior of entities that use natural resources. Therefore, mechanisms of investment, innovation and state support for both entire industries and individual business entities that are appropriate to these circumstances are in demand. Under the above conditions, the problem of introducing the latest management technologies as a factor of manifestation of the initiative of innovative activity from the outside, which is directed at the subjects of economic use of natural resources, is becoming relevant. Analysis of recent research and publications. S.V. Solodchenko’s dissertation argues that not only state control should contain a social component, but also non-state control. He summarizes foreign experience and positively assesses the system of reporting on sustainable development indicators. Y. Brairaktar substantiates the stages of formation of nonfinancial reporting of enterprises, I. Vasylchuk considers non-financial reporting as a tool for managing the sustainable development of corporations, T. Sikorska and O. Osadcha predict the ways and consequences of integrating non-financial indicators into the reporting of a business entity. Target of the research is to study the problems of harmonization of the provisions of legislation on the use of natural resources in the field of economic activity on the basis of economic and legal approaches in order to formalize the procedure for certifying by economic entities their contribution to improving or intending to improve in the future the economic, environmental and social situation, as well as the processes and trends of economic development at the local, regional and global levels. Article’s main body. The modern system of reporting on sustainability indicators was developed by the Global Reporting Initiative (GRI) and was positively received by representatives of big business, transnational campaigns, nongovernmental organizations, investors, regulatory organizations and others. The article is devoted to the study of the issue of relevance of innovation activity depending on the presence of a social component in the approaches to the selection of an investment object/subject. The author presents the results of studying the experience of legal support for the growth of the economy of enterprises in ways that are environmentally sustainable. Reporting on environmentally sustainable ways of economic growth of enterprises becomes an information and communication tool for taking the initiative for innovation activity (introduction of the latest management technologies). The current state of research into the issues of legal support for the growth of the enterprise economy in environmentally sustainable ways is characterized by an extremely low level of development of a conceptual approach to the interpretation of knowledge about the synergistic effect of the interaction of the main directions of economic, legal and environmental policy of Ukraine. The author substantiates two topical issues in solving the problem of influence on innovation activity in relation to economic entities using natural resources: (1) selection of an atypical incentive for manifestation of the initiative of innovation activity from the outside, namely, orientation towards its manifestation depending on the presence of a social component in the approaches to the selection of an investment object/subject; (2) determination of the methodology for selecting criteria for harmonization of Ukrainian legislation on the use of natural resources by economic entities. The author outlines the prospects for studying the impact on innovation activity in relation to economic entities using natural resources, namely, specification of the public law regime of such objects as soil, subsoil, water, etc. as a result of a detailed delineation of the exercise of Ukraine’s sovereignty over territorial and economic systems. Conclusions and prospects for the development. It should be considered a high degree of evolution of the consciousness of investors who choose to invest their capital in those companies that report on environmentally sustainable ways of growing the economy of their enterprises. The public manifestation of innovative activity, depending on the presence of a social component in approaches to the selection of an investment object/subject, needs to be popularized in Ukraine. The tendency to cover non-financial macro-level indicators in the reporting of a business entity affects the growth of ratings of organizations that evaluate their activities by environmental, social and governance indicators when selected by investors.

Impact of Urbanisation on the Spatial and Temporal Evolution of Carbon Emissions and the Potential for Emission Reduction in a Dual-Carbon Reduction Context

Urbanisation is accelerating under the new economic development trend, but the global warming exacerbated by greenhouse gases has caused a certain degree of constraint on the speed and quality of economic development, among which anthropogenic emissions, mainly from transportation, are more obvious. Therefore, based on the background of urbanisation and taking urban agglomerations as the research object, this study investigates the spatial and temporal mechanisms and dynamics of carbon emissions through the construction of carbon emission models, the identification of influencing factors, and the processing of spatial data and proposes relevant measures for carbon emission control mechanisms. This study finds that the improvement of the per capita economic level and the urbanisation rate will correspondingly lead to an increase in carbon emissions and that the spatial distribution of carbon emissions under passenger and freight transport modes shows a pattern of “low at the ends and high in the middle”, with the predicted carbon emission levels remaining balanced over a long period of time, with a variation rate of less than 1%. The model idea proposed in this study can effectively provide new perspectives and ideas for the differentiated formulation of emission reduction policies, and the government ought to focus more on the dynamic changes of urbanised carbon emissions in future development so as to realise the potential of urban emission reduction.

Modern strategy and tactics development algorithm of internet marketing on the B2B market

In the modern economy, there are accelerated processes of transformation of business models that support the trends of economic globalization development. The relevance of the study is due to the need to model the marketing activities of enterprises, to follow consistent, both strategic and tactical, steps, especially in the B2B sector that have entered the online market, to improve the marketing performance of the enterprise and effectively achieve its strategic goals. The purpose of the article is to study the peculiarities of Internet marketing in the B2B segment and to determine the main strategic and tactical steps of its implementation. According to the method of scientific abstraction, the dependence between the toolkit for Internet promotion and the effect of its implementation in the activities of enterprises in the B2B sphere was revealed. Also, analysis and synthesis are used as methods of research in which a complex economic process or system is divided into constituent parts, elements, and subsystems, and all of them are studied separately. The work used a synergistic approach in research. The article analyzed the facts and investigated the state of the use of Internet marketing tools in the global B2B market. The result of the work is to propose the design of a modern algorithm for the development of Internet marketing strategies and tactics in the B2B market. These will allow enterprises of the B2B sector to choose efficient modern Internet marketing tools, taking into account their characteristics and the characteristics specifics of customers. The practical value of the algorithm lies in the fact that a logically consistent, connected, and timely set of steps for Internet promotion stimulates sales managers and, accordingly, affects the results of their activities, helps marketing managers and managers to make the company the most competitive and successful in its segment

Emission Reduction Tournament Would Postpone Carbon Peaking in China

The mitigation of climate change is one of the most serious issues in global public governance. To address the climate crisis, Chinese government has proposed a clear target of carbon peaking and carbon neutrality. Regional efforts are expected to play a key role in delivering China’s pledge to peak CO2 emissions before 2030. However, the emission reduction tournament would result in rapid increases in emission transfers among provinces in China. If the current trend of provincial economic development and associated emission transfer mode remains unchanged, we forecast that 24 progressive provinces in China would peak their CO2 emissions before 2030, while 6 lagged provinces would peak later than 2030. However, if emission transfers were not existed, the nationwide carbon peaking time would be one year earlier and the corresponding carbon peaking level would be 13% lower. Furthermore, compared to the situation in 2012, the emission transfer mode in 2017 would lead to a higher carbon peaking level, indicating that the switch to the emission transfer mode from 2012 to 2017 had increased the difficulty of carbon peaking in China. We suggest that the principle of common but differentiated responsibilities should be applied when decomposing the national carbon peaking targets into provinces, and China must avoid a tournament among local governments on carbon peaking.

Exploration of the Process and Impact of the Rao’s Government Economic Policy Reform on Indian Modern Industrial Development

Taking a survey of Indian modern and contemporary history, the reforms implemented during Rao’s administration played an extremely important role in the development of Indian modernization. From 1980s to 1990s, liberalization, marketization, globalization and Neoliberalism had become the world main trends of economic development. During this period, the evolution of the social systems of the Soviet Union and Eastern European countries, the rapid rise of the four Asian tigers and Chinese achievement in reform and opening up made Indian government realized that under such circumstances, reform is particularly important. This paper discussed what process and impact (pros and cons) included in Rao’s reform by using the approach of literature reading. The paper got a significant conclusion that Rao’s new policies provided an effective path for Indian development, broke the traditional closed economic model by changing the structure of enterprise ownership and other scientific approaches. Finally, helped India open the door of Neoliberalism. This study provided experience for developing countries to choose policies and formulate targets.

Empirical decomposition and peaking path of carbon emissions in resource-based areas

The pre-development of resource-based regions has led to excessive CO2 emissions and caused serious damage to the ecological environment. A crucial step in combating the problem of global climate change is encouraging resource-based regions to complete the transition to a low-carbon economy. In this study, the influence factors of carbon emissions in resource-based regions were analyzed using the Generalized Diagrammatic index model (GDIM) based on the development characteristics of resource-based economy in Liaoning Province. Furthermore, this study conducted a Monte Carlo simulation of the trajectory of carbon emission peaking based on the scenario analysis. The results show that different industries need to develop targeted emission reduction programs according to their own development characteristics. In each industry, output scale and investment carbon intensity were the primary determinants of carbon emissions, whereas output carbon intensity, investment scale, and investment efficiency were the primary limiting variables. Other variables had varying effects on carbon emissions in other industries. If the previous economic development trend and emission reduction policies are followed, Liaoning's overall carbon emissions won't peak until 2030, and there is currently intense pressure on the province to cut emissions. The carbon peak pathway in the low-carbon scenario differs from that in the technological breakthrough scenario, and only low-carbon technology innovation and breakthrough can ensure that Liaoning will meet the carbon peak target before schedule. This article is useful as a source of information for studies on low-carbon sustainable development in resource-rich areas and as a theoretical foundation for Liaoning to meet its carbon peak objective.

A Habitable Earth and Carbon Neutrality: Mission and Challenges Facing Resources and the Environment in China-An Overview.

Since the Industrial Revolution, the impacts of human activities have changed the global climate system, and climate warming has had rapid and widespread effects on the planet. At present, the world is experiencing a series of natural disasters, such as climate change, environmental pollution, biodiversity loss, and sea level rise, which pose a serious threat to the livability of the Earth. An international consensus has been reached that achieving carbon neutrality is the key to tackling climate change; it is also crucial to building a livable planet. To achieve carbon neutrality, energy is the main aspect, for which technology regarding resources and the environment is essential. In this context, we collected data, performed an in-depth analysis of the basic and structural characteristics of the development of the coal industry and environmental remediation, studied and judged the trends in regional economic development and demand growth, and closely examined the requirements of China's development strategy, which focuses on the ideas of carbon peak and carbon neutralization in line with local development trends and economic system characteristics. We must build a livable Earth, promote the green and low-carbon transformation of regional energy, promote high-quality economic development, and ensure the safe supply of energy.

ОСОБЕННОСТИ УПРАВЛЕНИЯ ЭФФЕКТИВНОСТЬЮ ТРУДА В СОВРЕМЕННЫХ УСЛОВИЯХ

The article discusses the main features of labor efficiency management, taking into account modern trends in economic development, including in the context of the digital transformation of labor and modernization of the working environment. The main approaches to labor efficiency management are considered, as well as the elements of labor that are most susceptible to transformation in the process of digitalization of workplaces. The basic cycle of performance management is described. An analysis of the dynamics of average wages by age categories for 2020-2022 was carried out. The main levels of state management of the country’s economy as an environment for managing labor efficiency in modern conditions have been identified. The main features of labor efficiency management in modern conditions are characterized, suggesting the need for efforts from all aspects of labor to improve its efficiency.

Complementary asset management in the implementation of regional projects

The relevance of the research topic is conditioned by the functioning of the national economy, which is associated with the development and improvement of the project management system and the mechanism of the innovation process in the country. New trends in economic development and conditions of uncertainty in innovation processes force organizations to look for new approaches to manage innovative projects. Ensuring sustainable and stable development of organizations requires finding sources of competitive advantages, as well as maintaining these advantages over competitors. Strong competitive advantages depend largely on its unique resources, resource solutions, competencies, organizational and production positions, as well as unique management technologies. It is necessary to improve the methods of evaluating innovative projects, since only the implementation of cost-effective innovative projects in the development of new technological developments and innovative products makes possible the transition to sustainable economic growth. Until now, there is no integral unified system for supporting the adoption of coordinated innovative decisions, taking into account the assessment and management of project risks, therefore, there is no mechanism that "standardizes" business processes that guarantees the timely achievement of tactical and strategic goals. Thus, innovation is one of the key factors both for the long-term development of an individual firm and for solving macroeconomic problems. Creation of conditions for Russia most favorable to its entry into the top five world economies is becoming an urgent task of one of the economic components of our country's foreign policy. The relevance of this study is due to the need for a scientifically grounded decision to manage innovative projects, which determined the choice of the topic of this study.

ТРАНСФОРМАЦИЯ СТРАТЕГИИ КРУПНОЙ ОРГАНИЗАЦИИ НЕФТЕГАЗОХИМИЧЕСКОГО КОМПЛЕКСА В УСЛОВИЯХ РЕСТРУКТУРИЗАЦИИ

The relevance of the study lies in the fact that the main problem of modern enterprises is analyzed – it is the need for social rehabilitation (retraining, employment, relocation) of a significant number of employees. Taking into account the general trends in economic development and the improvement of market regulation mechanisms, restructuring is necessary. During this process, Russian industrial organizations face the problems discussed in the article.

Research on economic development trend of reform and opening up: based on big data modeling analysis method

The development of information technology proves the possibility of acquiring large samples of policy text information and promotes innovative research based on the policy informatics approach of fusing data from multiple sources. This paper constructs a new public policy model based on existing data on economic system reform, and uses multi-types of textual big data such as government website, official weblog, and social media as the object of collection, to conduct a big data measurement on policy concerns related to the theory and practice of economic system reform since the reform and opening up. And this paper constructs a fine-grained measurement and portray the evolutionary trend of policy concerns and policy implementation. Based on the database, this paper helps to analyse the economic development trend since the reform and opening up, evaluate and monitor the implementation effect of different incentive policies and establish an iterative feedback mechanism, and provides a reference for relevant decision-making departments.

ГИГ-ЭКОНОМИКА: НОВЫЕ ВОЗМОЖНОСТИ ДЛЯ ЦИФРОВОЙ ТРАНСФОРМАЦИИ СОВРЕМЕННЫХ ПРЕДПРИЯТИЙ

The purpose of the article is to consider the main parameters of such an economic development trend as the gig economy. The key features and factors contributing to its development are analyzed. The advantages on the part of the employer and the employee are highlighted. The key shortcomings of such labor relations are emphasized. The main areas of activity in which the majority of works of this type are concentrated are considered.