THE IMPACT OF COVID-19 ON ECONOMY, EMPLOYMENT AND NEW SKILLS

This paper discusses the economic features of the current Covid-19 outbreak and its relation to labour markets and new skills in demand. At the same time, it focuses on how it started to expand worldwide, while reporting the ways of transmission and their effects on daily social and professional life. It is argued that focusing on skills and human capital could offer a strong foundation for building sustainable economies, as the recent months have been a suitable period to progress and advance digital skills, thus reducing digital illiteracy, while at the same time developing certain major sectors such as online education, ecommerce, telemedicine, entertainment, digital collaboration tools, virtual reality applications, etc. The author mainly focuses on the analysis of the recent global trends in many affected sectors, examines possible unemployment issues with an emphasis on the kind of new skills and soft skills in demand that are necessary for an easier transition to the new Covid-19 way of life.

EU-BREXIT-CEE-UKRAINE: EUROPE’S HEALTHIER FUTURE AND SOCIO-ECONOMIC LEADERSHIP

The horrors of WWII changed history and created a better Europe based on a Common market as an essential signal of unity among the EU member states. Now generations have grown up in peace and growing prosperity. However, a decade ago, ECB/EU had to overcome the EU-euro-financial crisis and now Brexit. In addition, Covid19 crisis brings many pressing problems, as the Coronavirus pandemic is likely to result in Europe/Germany’s largest economic downturn in the last seven decades. Loss of prosperity, des-integration in the European Union could escalate further. Even in academic and scientific institutions and in European research networks difficulties are relevant. Can we overcome Brexit / Corona and create a healthy Europe that is a global socioeconomic leader? Based on our Cultural Heritage across Europe we must look further than Brexit, and even more seek solutions to the Ukrainian conflict.

REGULATION OF ECONOMIC ACTIVITY IN THE REGIONS AS A TOOL FOR INCREASING REGIONAL COMPETITIVENESS AND INVESTMENT ATTRACTIVENESS OF MUNICIPALITIES

Author analyzes scientific experience and literature in the field of assessing regional economy and regional development. In this research, the author tries to explore relation between state intervention and investment attractiveness of regions. The author proposes a new Regional Investment Index, which is an instrument for measuring business environment improvement and increase in investment attractiveness. This new Regional Investment Index is an instrument that can be used not only for analysis of economic indicators, but also for improvement of state policy at the regional level. The author develops Regional investment index in order to manage regional development and direction of investment processes. Regional investment index allows for a potential comparison of municipalities by combining different approaches and dimensions and thus becoming unique. The Russian index differs of the Regional investment index because the group of determinants is structured into two indexes. On the other hand, the Asian indexes are ones which are combined and refined in Regional investment index. The new Regional investment index is sophisticated, more flexible, comprehensive and gives more opportunities for comparison at the level of local authorities and territories.

TRENDS IN THE DEVELOPMENT OF GLOBAL CITIES: ENVIRONMENTAL ASPECTS

Conceptual approaches to the definition of global cities are studied. The formation of global cities is analysed by regions. After an analysis of the world rankings of global cities, the author determines that the five leading cities – New York, London, Paris, Tokyo and Hong Kong – have remained unchanged in recent years. An assessment of global initiatives to stimulate cities to implement environmental policy is given. The strategy of sustainable development of one of the global cities is considered on the example of Sydney and its integrated environmental development. The experience of the largest Ukrainian cities in the formation of environmental priorities in their development strategies is studied.

SUSTAINABLE ENTERPRISE COMPETITIVENESS IN THE CONTEXT OF ORGANIZATIONAL, THEORETICAL AND METHODOLOGICAL MANAGEMENT TOOLS

The article assesses the level of competitiveness of enterprises over time using the local taxonomic indicators of the development of production, financial, marketing and social sustainability and total integrated indicator of the state of sustainable competitiveness. The methodical approach to the assessment of the level of sustainable enterprise competitiveness and the impact of organizational and managerial potential on the sustainable enterprise competitiveness is improved. Conceptual bases of creation of organizational and managerial potential of sustainable enterprise competitiveness are developed. The authors propose a scientific and practical approach to modelling the influence of organizational and managerial potential on the overall integrated indicator of sustainable enterprise competitiveness, which centers on the identification of possible development scenarios shaped by organizational and managerial factors determining the efficiency of ensuring sustainable competitiveness of machine-building enterprises. Substantiation is provided for the creation of a mechanism ensuring the sustainable enterprise competitiveness that takes into account available organisational and managerial potential as the basis for making quality managerial decisions on improving the adaptability of enterprises to difficult and changing external conditions.

EVALUATION OF UKRAINE’S INTEGRATION PROCESSES IN THE GLOBALIZED ECONOMIC SYSTEM OF THE EU

The article, in a sense, summarizes the authors’ developments for evaluating the qualitative and quantitative characteristics of Ukraine’s integration into the European community. Summing up these long-term studies, the article aims to generalize scientific approaches to determining the essence and forms of manifestation of the internationalization and integration of Ukraine into the globalized Euro-Atlantic economic system. The need to identify promising vectors for improving the economic development strategy of Ukraine in the light of the prospects for its integration into the globalized economic system of European countries determines the relevance of the study conducted by the authors. According to the results of the study, the following important conceptual conclusion has been made: Ukraine-EU relations have been characterized by dynamic development since the country gained independence, while a number of signed agreements indicate a significant interest of both parties in cooperation. At the same time, in the process of rapprochement between Ukraine and the EU, the impact of negative factors of European integration has also manifested. The latter, in particular, include: inability to bear the financial burden of contributions to the EU; increased competition from firms of the EU member states in the liberalization process, as well as increased openness of the national economy. Based on the results of the analysis, a scientific concept is presented depicting the integration paradigm of the present, designed to stimulate the creation and implementation of public policy measures aimed at further combining the national economic system of Ukraine with the globalized economy of the EU member states.

ANALYSIS OF THE STRATEGIC POSITIONS OF CENTER OF PEDIATRICS: THE PROBLEM OF IMPROVEMENT OF HUMAN RESOURCES MANAGEMENT

In the article the problem of analysis of the strategic positions is considered on the example of the Center of Pediatrics named after John Paul II in Sosnowiec. The Center of Pediatrics is one of the leading medical institution in Silesian Voivodship in Poland. The purposes of research were to study the positions of the Center of Pediatrics in the national ratings, to reveal the reasons of decreasing evaluation of the Center of Pediatrics according to the different criteria, to provide initial sociological research of medical staff and to develop the essential recommendations for the improvement of positions of the Center of Pediatrics in the national ratings. For the analysis of the strategic positions of the Center of Pediatrics according the different criteria the results of national rating of leading medical institutions in Poland during period of 2015-2018 were used. We revealed that during last years the strategic positions of the Center of Pediatrics was dropped and the main reasons in the losses of positions were essentially decrease in the component «Management» and «Quality of care». In this issue we focused on the problem of improvement of human resources management in mentioned organization. According to the provided initial sociological research we revealed the needs and values of the different categories of personnel and developed complex of measures for Strategic Development Program which increases efficiency of the Center of Pediatrics over next 5 years. This Program allows improve competitiveness of this organization and its strategical positions in the national ratings of leading medical institutions in Poland

CHANGES IN REAL ESTATE VALUE DYNAMICS DURING SERVICE CYCLES AS A SOURCE OF NEGATIVE PERIODIC PROPERTY DEPRECIATION

Main methodological principles of mathematically describing the patterns of changes in the asset’s value/depreciation dynamics are studied in cases when economic measurements are performed by independent expert evaluation. The basic hypothesis suggests that for all tangible assets, which are characterized by redeemable depreciation, there is a possibility of negative periodic depreciation during short-term service periods when remedial and repair work to eliminate depreciation signs is carried out. The most influential price-forming factors that determine the asset’s depreciation indexes and indicators of value dynamics over long periods are identified and analysed. It is shown that when this period is comparable to the asset’s service life, most of tangible assets are characterized by both positive and negative periodic depreciation indexes at separate times. It is noted that the models used in accounting documents do not describe the actual changes in the value dynamics, and amortization in particular, since they do not take into account the possibility of increasing asset value and periodic negative depreciation. A new kind of mathematical model is proposed that takes into account the opposite signs of periodic depreciation in the operation and service periods. It is proved that the actual indicators of fair market value and periodic depreciation indexes of these types of assets can be determined by performing periodic independent expert evaluation (revaluation).

GEOECONOMIC ASPECTS OF THE MONETARY GLOBALIZATION

Author defines monetary globalization and examines the historical process of spreading money and cash nexus across the globe. It is stated that money developed almost simultaneously in three great civilizations (Europe, India, China), but over time the Hellenistic form of money absorbed and universalized all other forms of money. The author examines in detail the process of distribution of metallic and then credit form of money and their impact on economic globalization. All these processes occurring both in the markets of separate countries or small regions and at the international level (where money started to act as global currency almost immediately after its appearance) constitute the essence of the monetary globalization. The author dwells on the post-Bretton Woods period of development of the World Monetary System, believing that the extensive phase of monetary globalization has come to an end at this stage and its further development will be caused by fundamental qualitative changes.