Sector Development Strategy Research Articles

Economic Sector Study and Development Strategy for the Rebana Metropolitan Area

This research analyzed potential sectors and development strategies in each city/regency in the Rebana Metropolitan Area, from 2018 to 2022. The research method used was quantitative descriptive using several analytical methods, namely Location Quotient, Shift Share, Labor Productivity Levels per Sector, and Klassen Typology. The research results show that each district/city in the Rebana Metropolitan Area has different economic characteristics, apart from that priority infrastructure projects and industrialization which are the direction of development of the Rebana Metropolitan Area have not had a significant impact on the progress of cities/regencies in the Rebana Metropolitan Area.

Leading Sector Development Strategy in the Economic Structure of Jambi City.

The research article titled "Leading Sector Development Strategy in the Economic Structure of Jambi City" aims to analyze the economic landscape of Jambi City and formulate data-driven policy strategies for economic development. The study utilizes a mix of quantitative and qualitative methods, including SLQ, DLQ, MRP, Overlay, Classic Shift-Share, Esteban Maquila’s Shift-Share, Klassen Typology, SWOT, IFAS, and EFAS analyses. The findings highlight promising sectors such as trade, accommodation, food and beverage services, and corporate services. The research also identifies shifts in the economic structure and competitive advantages in various sectors. Furthermore, the study formulates policy strategies for the development of selected leading sectors in Jambi City. The article provides valuable insights for policymakers and stakeholders in Jambi City to prioritize and plan for economic development

Big Data Revolution in Finance: Opportunities, Challenges, and Future Trends

In todays digital era, big data has emerged as one of the most exciting and potentially transformative technological innovations in the financial sector. Its rise has not only altered our understanding of financial markets and institutions but also presented unprecedented opportunities and challenges to the financial industry. As financial transactions, customer interactions, and market behaviors continue to digitize, financial institutions are actively exploring how to harness the power of big data to gain a competitive edge and enhance decision-making. This paper delves into the significance of big data in the financial sector and effective development strategies, analyzing its real-world impact on the industry. It aims to provide valuable insights to financial practitioners, decision-makers, and researchers on how to leverage big data to achieve financial objectives.

ANALYSIS OF TARGETED CONSTRUCTS IN THE INFORMATION FLOWS OF TELEGRAM CHANNELS

The growing saturation of the business environment by information leads to increasing the importance of fast and efficient processing with information flows for making management decisions. Omni-channel and information saturation of the social environment of human activity, and the increasing complexity of decision-making by companies due to this, prompts the constant development of communicative and analytical technologies based on them. The study is based on interdisciplinary approaches to the analysis of information from open sources in socio-economic research and aims to develop applied approaches to the identification and analysis of information constructs in information flows. Nowadays, information constructs take on various forms, namely: brand popularity, viral user-generated content, propaganda, fakes, etc. Working with the information environment is becoming a significantly important component of state, sectoral, corporate and personal development strategies. The paper describes the author’s methodology for studying information constructs, which includes approaches to collecting data from various open channels, structuring and cataloguing information sources, pre-processing and statistical analysis of text messages, developing semantics of analysis, preparing machine learning models, testing of the effectiveness of using various models, and forecasting the existing and new information constructs in communication channels.

APPLICATION OF THE NEURAL NETWORK AUTOREGRESSIVE (NNAR) METHOD FOR FORECASTING THE VALUE OF OIL AND GAS EXPORTS IN INDONESIA

Indonesia is one of the countries with the most diversity and abundant natural resources, consisting of many commodities, and has enormous trade potential with other countries The success of economic activity a country can be measured by the amount of economic growth that occurs in the country. A recession is when a country's economic condition is getting worse. Meanwhile, a recession in Indonesia is expected to occur in 2023. In a 2022 news issue written by the editorial team, tirto.id said that some experts say that if 2023 is a recession, the cause is due to a spike in inflation from the impact of the Russia-Ukraine conflict. It is known that the value of oil and gas exports affects the Indonesian economy. Any increase in the value of oil and gas exports will be followed by an increase in economic growth, and vice versa. However, over time, the value of oil and gas exports has decreased every year. Therefore, forecasting the value of oil and gas exports is needed so that the country's economic sector development strategy can be on target. In addition, oil and gas export forecasting is also needed to determine the distribution of goods exports that must be carried out. In this study, we forecast the value of oil and gas exports using the neural network autoregressive (NNAR) method. The choice of this method is made because there is no assumption of normality of the residuals and white noise like in autoregressive models. From the NNAR method, the best model results are obtained, namely NNAR (2,3) with a MAPE value of 11.75640%, which means that this model has very good forecasting performance.

Advantages and challenges of digitalization of the Ukrainian economy

The essential characteristics, primary goals, and tasks of the Ukrainian economy's digitalization are studied. It has been established that digitization is the saturation of the physical world with electronic digital devices, means, and systems and the establishment of electronic communication exchange between them; in fact, the general, interaction of the virtual and physical is realized, that is, a cyber-physical space is created. The main goals of digitization are the digital transformation of the existing economy, the creation of new sectors of the economy, and the transformation of spheres of life into new, more efficient, and modern ones. This growth will only be possible if ideas, actions, initiatives, and plans related to digitization are integrated into national, regional, and sectoral development strategies and plans. The principles of the digital economy, which acquire features of an avant-garde character, are allocated, improved, and characterized. The types of digital economies, their four evolutions, the challenges of each stage of digitalization, and their impact on Ukraine's economy are indicated. It is well-founded that Ukraine has all the conditions for the so-called digital leap and the transition to a higher level of technological development, namely: ability to produce and use information, communication and digital technologies, and availability of professionals. This is evidenced by the statistics of real successes of Ukrainian IT companies on the international market, the purchase of appropriate equipment and technologies, and the dissemination of technologies among citizens and enterprises. This is evidenced by the gradual recovery of domestic demand for technologies, market "success stories" in various spheres of life and economy, creation of local representative offices of equipment manufacturers, distribution of high-tech equipment, a sufficient level of system integration of technical products and services - from design to complex implementation of various technologies, software, and hardware; а culture of creativity and the ability to generate ideas, as evidenced by high ratings. The key directions of the initial stage of the formation of the digital economy are clarified. Challenges in the field of digital economy and strengths and weaknesses are identified in digitalization. Proposals were made to strengthen the strengths and overcome the challenges of digitalizing the economy at the international and national levels. Keywords: digitalization; digital technologies; digital economy; digital society; digital development.

ԸՆԴԵՐՔՕԳՏԱԳՈՐԾՄԱՆ ՀԱՐԱԲԵՐՈՒԹՅՈՒՆՆԵՐԻ ԻՐԱՎԱԿԱՆ ԿԱՐԳԱՎՈՐՄԱՆ ՈՐՈՇ ԱՌԱՆՁՆԱՀԱՏԿՈՒԹՅՈՒՆՆԵՐ / SOME FEATURES OF LEGAL REGULATION OF SUBSOIL USE

The purpose of this article is to study and analyze the place of subsoil use law in the legal system of the Republic of Armenia, the features of legal regulation of subsoil use relations and the composition of main subjects of subsoil use relations. The relevance of the study is due to the fact that the legislation regulating the sphere of subsoil use law in the Republic of Armenia needs systemic reforms, as evidenced by the adoption by the Government of The Mineral Sector Development Strategy of Armenia. Despite this, a systematic and comprehensive study of the legal nature of relations in the field of subsoil use has not been conducted in the domestic literature to date: only certain issues of a private nature in this area have been studied. In the course of the study, the task was set to study and analyze the history of the development of subsoil use law in various legal systems, the place of subsoil use law in the legal system of the Republic of Armenia, the specifics of regulation and the composition of subjects involved in subsoil use relations. This work's methodological basis consists of general scientific (analysis, synthesis, deduction) and special (dogmatic, comparative legal) methods. Based on the research conducted within the framework of this work, the author concluded that the subsoil use law is an independent branch of the RA legal system, and the RA Subsoil Code is subject to reforms in terms of sectoral principles guaranteeing the protection of the interests of the subsoil user and legal norms ensuring their application. Additionally, the community should be considered as a subject of subsoil use law.

Leverages of financial and environmental management in agricultural sector of the economy

The article is aimed at determining theoretical views on processes of financial and environmental management of the agricultural sector. It analyzes the financial and environmental management of the agricultural sector of the economy, including the assessment of components of air, water, forest and land resources, crop and livestock production. The authors substantiate the system of ensuring the balanced development of the agricultural sector and examine measures to motivate the organization of eco-friendly agricultural production. The analysis of pollutant emissions into the atmosphere from stationary sources of pollution in Ukraine for 2017-2021 showed that the largest sources of pollution into the atmosphere in Ukraine for 2017-2021 were sulfur dioxide (25.7% in 2021), carbon monoxide into the atmosphere in Ukraine for 2017-2021 (31.4% in 2021) and methane (20.3% in 2021). The article defines the ways of state support for the agricultural sector of the economy and outlines the main principles of the agricultural sector development strategy. The revealed positive impact of the agricultural sector on the environment is ensured by two factors: financial and environmental responsibility manifested through management decision-making measures and financial and environmental motivation manifested through material, social and environmental values of the agricultural producer, consumer and society as a whole.

PEMBANGUNAN SEKTOR PERTANIAN SEBAGAI UPAYA PENINGKATAN PEREKONOMIAN KABUPATEN SUMBAWA

This study aims to analyze the agricultural sector development strategy as an effort to improve the economy in Sumbawa District. This study used a descriptive method with a qualitative approach. The type of data used in this study is qualitative data in the form of research informants' perceptions regarding agricultural sector development strategies as an effort to improve the economy of Sumbawa District obtained through interviews. Informants in this study were determined using a purposive technique, namely determining informants based on certain criteria. The informants for this study consisted of the Head of the Agriculture Department, the Head of UPTD. Untir Iwes Sub-District, rice farmers and corn farmers. Data analysis in this study used the SWOT analysis technique. The results of this study showed that the SWOT analysis of agricultural sector development as an effort to improve the economy in Sumbawa District produces four alternative strategies, namely SO Strategy, ST Strategy, WO Strategy, and WT Strategy. In general, the results of this study describe that the agricultural sector in Sumbawa District has enormous potential to be developed as an effort to improve the economy in Sumbawa District. The priority of the agricultural sector development strategy as an effort to improve the economy in Sumbawa District is to increase the government's active role in the development of the agricultural sector and to collaborate with related agencies to design a program to accelerate the development of the region's leading agricultural sector.

Tourism Sector Development Strategy in Lebong Regency Pad Improvement

The research objective was to determine the marketing strategy of tourism objects in Lebong Regency. The sample in this study were 6 employees at the Lebong Regency Tourism Office who were in charge of marketing tourism in Lebong Regency for internal factors and for external factors, namely visitors or tourists of white water natural attractions in Lebong Regency as many as 30 people, so that the total sample used in this study There were 36 people. The analytical method used was SWOT analysis which consisted of an Internal Strategic Factor Matrix (IFAS) and an External Strategic Factor Matrix (EFAS). The results of research on tourism marketing strategies in Lebong Regency, obtained several conclusions, namely the white water nature tourism marketing strategy in Lebong Regency supports aggressive strategies. The result of the sum of the strengths possessed is 18.52 while the weaknesses are 9.24, so the internal factors quadrant is 18.52– 9.24 = 9.28 meaning that marketing white water nature tourism Lebong Regency exploits strengths and minimizes weaknesses contained internally. The opportunities that this strategy has are 17.60 and the threats are 9.70. So the external quadrant of factors is 17.60 – 9.70 = 7.90 which means high ability to market white water tourism Lebong Regency takes advantage of opportunities and overcomes threats faced by companies in marketing white water tourism .

Public Sector Development Strategy as a Driver of Economic Growth: An Endogenous Growth Theory Perspective

Sustainable and stable economic growth is a key goal for many countries. As times change and global challenges become more complex, it is important for countries to develop effective strategies to promote economic growth. One sector that has an important role in this regard is the public sector. This research aims to analyse the public sector development strategy as a driver of economic growth. The current research type is qualitative. Data collection techniques include listening and recording important information to conduct data analysis through data reduction, data display, and conclusion drawing. The study results show that the public sector development strategy as a driver of economic growth plays an important role in creating a conducive environment for sustainable and inclusive economic growth. In the context of endogenous growth theory, the government has the ability to influence the determinants of economic growth through appropriate policies and actions.

TOURISM SECTOR DEVELOPMENT STRATEGY TO INCREASE BUOL DISTRICT LOCAL REVENUE

The purpose of this study was to determine the Tourism Sector Development Strategy to Increase Regional Original Income for Buol Regency. The approach in this study uses a qualitative approach. The data analysis technique used in this study is the Miles and Huberman Model analysis technique. Data collection in qualitative data analysis is carried out interactively and continuously until complete, so that the data is saturated. The results show that the tourism sector in Buol Regency consists of marine tourism potential. As well as the potential for historical and cultural tourism has tremendous potential to be used as a source of regional foreign exchange in order to increase Buol District's own-source revenue (PAD).

Identification and Prioritization of Tourism Development Strategies Using SWOT, QSPM, and AHP: A Case Study of Changbai Mountain in China

This research was conducted with the objective of identifying and ranking the tourism sector development strategies for the Changbai Mountain. The SWOT approach was used to construct strategies and the QSPM matrix and AHP method were employed to rank selected strategies. A questionnaire and the Delphi technique were used to collect and analyze research data from forty specialists. The effectiveness of 16 internal factors and 12 external factors in the business region was assessed. According to the results obtained, “Existence of beautiful natural features with distinctive scenery” is the most significant strength of Changbai Mountain. Also, “Inadequate amenities and weakness of infrastructure construction” has been established as the most significant weakness. The term “Adapting the development of the region to the national strategy” is among the most significant external opportunities. Additionally, the “islanding phenomenon” is one of the most significant threats. Sixteen plans were recommended for the growth of the Changbai Mountain’s tourism business. On the basis of the matrix of internal–external components in the SWOT model, an offensive strategy was identified as the optimal approach. We used the combined SWOT-AHP model with 4 criteria and 28 sub-criteria to determine the optimum strategy in the second model, and offensive methods were given the highest priority. The results showed that the “Taking advantage of the natural, historical potentials, etc.” and “Establishing an appropriate mechanism for public and private sector investment” strategies are the most crucial for improving the condition in Changbai Mountain. Therefore, special consideration should be given to the tourism potential in this region, and it should be placed on the agenda of managers and planners in order to strengthen the tourism industry, the region’s economic status, and create employment opportunities.

ANALYSIS OF THE TOURISM SECTOR DEVELOPMENT STRATEGY DURING THE COVID 19 PANDEMIC IN THE CITY OF SABANG

Anticipating the spread of COVID-19, a number of tourist sites in various provinces in Indonesia are temporarily closed including in the province of Aceh. Aceh Province is a tourist destination that has cultural diversity and natural beauty to invite tourists to visit and witness it. The decline in the number of tourist visits in Indonesia certainly has a significant effect on the number of tourist visits in Aceh Province. The development of the tourism sector in the city of Sabang requires the right direction and strategy so that benefits for the regional economy remain profitable even in the midst of Covid 19. In the long term the sustainability of the tourism sector will depend on maintaining a balance between the interests of the economic aspect. This study aims to analyze the estimated value of the sector's economic losses. tourism, tourism sector development strategies and Sabang City government policies related to Tourism Areas during the COVID19 pandemic in Sabang City. This research is survey research with a qualitative approach, using SWOT. The sample in this study amounted to 62 respondents. The results of this study indicate that the value of the economic loss in the tourism sector in Sabang City is estimated at IDR 3,950,000,000 or only 41% of revenue before the COVID-19 pandemic. So the decline in tourism sector revenue due to COVID-19 was 59%. This loss is the value of lost revenue from tourism business actors including hotel managers and restaurant managers in the Sabang Island Tourism Area. The right strategy to be implemented in the development of the Sabang tourism sector is a diversification strategy (quadrant II). Alternative strategies that can be implemented are optimizing the use of social media as a means of promotion, collaborating with elements of the government, increasing access to financing for tourism business actors, increasing incentives for tourism business actors, airlines, travel agents, and promotions in the form of ticket discounts, providing incentives for group incentive trips/famtrips and promotions through influence Acceleration of infrastructure development in priority tourist destinations; Tourism promotions, exhibitions and events are gradually starting to be activated. One of the policies of the Sabang City Government regarding tourism sector policies is contained in Sabang Mayor Regulation Number 30 of 2020 concerning the application of discipline and health protocols as an effort to prevent and control the spread of the Covid virus which is quite effective in reducing the number of tourist visits to Sabang Island both at tourist attractions, hotels , and restaurants. Based on the results of this study, the authors suggest that the Sabang City Government can provide assistance to tourism business actors not only in the form of relief in paying taxes, but also in the form of direct financial assistance. The management of the tourism business is tightening and emphasizing the health protocol for visiting tourists in order to reduce the spread of the COVID-19 pandemic. Especially tourists coming from outside should be checked for the completeness of the letter not infected with the COVID-19 pandemic and the COVID-19 vaccine card. Requiring vaccinations for tourists so that tourism activities can continue during the COVID-19 pandemic with a lower possibility of COVID-19 infection.

RECOVERY OF THE ECONOMY: FINANCING AND COMPLIANCE WITH THE PRINCIPLES OF TRANSPARENCY IN THE CONDITIONS OF GEOPOLITICAL OPPOSITION

Introduction. The war became part of the existence of modern Ukraine and caused radical changes in society, reformatting of economic processes both on a national and global scale. This updated the scientific discourse on the achievement of political, social and economic stability in the post-war period and the vectors of economic recovery, taking into account various scenarios of guaranteeing the country's security. Social solidarity and self-awareness of democratic countries enable Ukraine, as a candidate country for joining the European Union, not only to conduct military operations, but also to develop sectoral development strategies. Since there is no other model of economic recovery and development for the Ukrainian state, except for the implementation of EU rules (requirements) and 19 structural beacons within the framework of the cooperation program with the IMF, therefore the choice of financing options for economic recovery must comply with the principles of recovery, in particular transparency, accountability and the rule of law, which will contribute to expanding the circle of potential investors and improving the investment climate in conditions of geopolitical confrontation. The purpose of the article is to deepen the theoretical and applied foundations of the recovery of economies after wars and military conflicts, as well as to substantiate the expediency of applying the principles of transparency to achieve coordinated actions of participants in the recovery of the Ukrainian economy, taking into account the effects of geopolitical confrontation. Results. The need to restore the industrial infrastructure to stimulate not only domestic economic and business activity, but also the introduction of a greater number of industrial products to the market of the European Union is substantiated. The priority of the development of economic recovery projects, which should become important structural elements in the formation of the project market, is analyzed. In order to adequately assess the attractiveness and compliance of projects with the interests of the economy and business, a model for evaluating financing objects is proposed. Prospects for the purchase of affordable housing by citizens, taking into account the financial situation of citizens, assessment of the cost of housing and its availability on the residential real estate market, determination of basic trends of individual characteristics of state programs and approaches to their adaptation for temporarily displaced persons are considered. Conclusions. Ukraine, as a candidate country for joining the European Union, is guided in its development by the principles and norms of the EU, which are developed for developed economies. We have determined the vectors of economic recovery, which are based on four approaches: compliance with the principles of economic recovery; development of the economic complex for the medium and long-term period with balancing of inter-branch connections and resources; expansion of the list of financial instruments to stimulate the attraction of international donors, foreign and private investments; establishment of a list of main criteria for project selection. New historical realities for the future growth of the national economy require further scientific research on access to financing with a competitive cost of capital, the preparation of projects for the infrastructure and production components of recovery and reconstruction programs, the development of scientific methods of the algorithm for the distribution of general funding between sectors and strategic programs with the provision of priorities for transformation and modernization defense industry.

РОЗВИТОК ІННОВАЦІЙ НА РИНКУ КРЕДИТНИХ ПОСЛУГ УКРАЇНИ В СИСТЕМІ НАЦІОНАЛЬНОЇ ЕКОНОМІКИ

The main goal of this study is to analyze the current state of the credit market in Ukraine in terms of determining the prospects for its innovative development, in particular, the direction of P2P lending.The article analyzes dynamic trends in the development of Ukraine's credit market, specifically loans provided to residents across economic sectors, currency types, and repayment periods. It delves into corporate sector and household loans, along with loans granted to non-financial corporations, noting a significant reduction throughout 2022 due to the impact of military aggression on the credit market's evolution. Key aspects of the Financial Sector Development Strategy until 2025 are explored.Focusing on contemporary tendencies, the paper studies innovative approaches to providing credit services, notably the P2P lending system, a pivotal element in addressing societal financial needs. Additionally, the research encompasses perspectives and opportunities for implementing P2P lending within the Ukrainian credit market, including its influence on creating new opportunities for borrowers and investors.Moreover, the introduction of P2P lending in Ukraine not only expands borrowing options but also opens up new investment prospects for individuals seeking returns on their capital. It enables lenders to diversify their investment portfolios while empowering borrowers with access to funds that might have been challenging to secure through conventional channels.By analyzing these facets, the article presents insights into the future development of Ukraine's credit services market, considering innovative approaches and their potential impact on the country's financial system.P2P credit emerges as a transformative innovation, heralding a new era of accessibil-ity and flexibility in Ukraine's credit market. Its potential impact on empowering both borrowers and lenders signifies a positive step towards a more diversified and inclusive financial future for the country.

European experience in ensuring the financial security of financial institutions

The article is dedicated to exploring the essence of financial security for financial institutions in Ukraine in the context of a state of war and providing proposals for its enhancement. In light of international events, particularly the full-scale invasion and aggression by the russian federation, the insufficient level of financial security of Ukrainian financial institutions becomes exceptionally pertinent. Therefore, identifying internal and external threats to the financial security of these institutions during wartime, along with developing a strategy to neutralize these threats and enhance the effectiveness of financial security, emerges as an extremely relevant task. The article substantiates the significance of developing a strategic plan to bolster Ukraine's financial security, with a focus on the control of financial institution activities. The author meticulously examines key aspects and methods of ensuring stability and reliability of financial institutions in the European Union. Additionally, key elements of controlling financial institution activities within the context of Ukraine's financial sector development strategy are studied and compared with methods applied in other countries around the world. The article comprehensively examines practices and strategies for financial stability of institutions in European Union countries such as the Netherlands, Belgium, the United Kingdom, and the Czech Republic. Analyzing the practices of these countries, known for their successful results in ensuring economic stability and protecting consumer and investor rights, provides insights and recommendations for Ukraine's financial sector. A crucial aspect of the article highlights the role of regulatory bodies that define standards of business conduct, requirements for financial reporting, and the process of service delivery. Moreover, the article underscores the importance of innovation and financial literacy in ensuring the efficiency and competitiveness of financial institutions in the modern global environment. In conclusion, the article makes a significant contribution to understanding and addressing the issues of financial security in Ukrainian financial institutions, especially in the context of geopolitical challenges. The conclusions and proposals presented in the article have the potential to contribute to refining approaches to financial stability in other countries and developing effective strategies for Ukraine's financial institutions.

Agricultural sector development strategy in enhancing local economic competitiveness in Blitar City

The success of regional development could be seen through the level of economic growth among its sectors. In case of Blitar City, although it has limited natural resources, but environmental issues and food securities were the main priorities. Agriculture, as one of the sectors with rapid growth in Blitar City, showed a positive trend which was strengthened by an increase in vegetable consumption, so that food should become the main issue in development priorities. This study aimed to map all economic sectors and formulate appropriate strategies for the agricultural sector as the main driver of food security in Blitar City. This study conducted quantitative descriptive method using secondary data in the form of GRDP in Blitar City and East Java during 2015–2021. The data analysis method combined the Location Quotient analysis, Shift Share, Klassen typology, and SWOT analysis. The results of the study indicated that although the agricultural sector was not classified as the leading sector in Blitar City, but in the economic structure it was classified as a sector that has potential and is growing rapidly. This was the first sectoral competitiveness study before and during Covid 19 pandemic in Blitar City. Considering the urgency of maintaining food security, stakeholders should enhance the urban farming system, by utilizing digital technology in the business cycle so that the value of Blitar City's competitiveness would be higher in the agricultural sector.

Daya Saing Sektor Pertanian dalam Pembangunan Kota Tebing Tinggi Provinsi Sumatra Utara

Competitiveness of the Agricultural Sector in the Development of Tebing Tinggi City North Sumatra Province
 The rapid land conversion in the agricultural sector in Tebing Tinggi City indicates that the agricultural sector requires more efforts to support the development of Tebing Tinggi City. This study aims to determine the role of the agricultural sector, the leading sector, and the competitiveness of the agricultural sector and other sectors in Tebing Tinggi City for the 2015-2019 period. This study uses a descriptive method, the location quetient (LQ) method, and the shift share method. The results showed that the agricultural sector in Tebing Tinggi City was not the largest contributor and food crops played a major role in the growth of the agricultural sector. Tebing Tinggi City has 12 leading sectors and 5 non-sectors. In the future, there are 5 leading sectors, 7 prospective sectors, 5 lagging sectors, and no mainstay sector. Good competitive sectors, namely, wholesale and retail trade; repair of cars and motorcycles, and the health services sector and social activities. Research suggestions to maintain food security are important to use yards as community gardens, mikan ponds, and livestock, immediately implement the Culinary Tourism City concept, increase incentives or facilities that can support underdeveloped sectors, continue to pay attention to the development of leading sectors, and further research related to sector development strategies left behind.

CLEAN COAL TECHNOLOGIES IN THE STRATEGIC DEVELOPMENT OF THE ELECTRICAL ENERGY SYSTEM

Clean coal technologies are described, through which it is possible to reduce or completely eliminate emissions of CO2 and other pollutants into the atmosphere. Due to the impact on climate change, particular attention has been devoted to the possibility of the capture and sequestration of CO2. The profitability of such procedures has been evaluated, based upon development projects being conducted around the world. Modern stone coal-fi red and brown coal-fi red thermoelectric power plants using clean coal technology in the development/construction phase are presented. A review has been presented of the Energy sector development strategy of the Republic of Croatia for the period until the year 2030 and it is has been determined that the security of the electrical energy supply in the Republic of Croatia can only be achieved by relying upon primary energy sources: gas, coal, nuclear energy and renewable sources. The percentage of individual energy source in the production of electrical energy should be constantly reassessed, taking world trends and the country’s developmental potentials into account.