Baltic Journal of Economic Studies

POLICY ANALYSIS OF HUMAN FACTORS AND SOCIAL INNOVATION IN EU EASI PROGRAMME REPORTS (2015-2022)

Anca Parmena Olimid — 2024-09-20

Purpose. The Programme for Employment and Social Innovation (EaSI), launched by the EU (European Union), represents a financial instrument with the objective of addressing a range of policy analysis areas, as follows: (I) social protection and innovation; (II) social exclusion and social policies; (III) living and working conditions; and (IV) employment, job conditions, mobility, and social entrepreneurship settings under the European Social Fund Plus (ESF+). Objectives. Therefore, the current research aims to structure and analyse in a comparative framework a wide range of EU policies and governance applied to the EaSI reports launched in the period 2015-2022, considering the policy context, key actors, policy content, legal instruments, implementation and governance structures and impact assessment of societal challenges, the role of human factors and the need for social innovation. Methodology. The analysis utilises both quantitative and qualitative methods, building on the comparative legal analysis and developing a triple evaluation: social, economic and political. In order to monitor and review the policy outcomes contained in the EaSI reports, the current study will use the Text-Based Diagramming of the programme Mermaid v10.9.0 Live Editor. Results and findings. The results of the analysis will evaluate and measure the extent to which the three EaSI reports launched in the period 2015-2022 have met the requirements of social innovation by assessing the policy and governance implementation mechanisms and tracking the relevance of two determinants: EU societal challenges and human factors. Conclusion. The framework of the EaSI reports provides the evaluation findings on multi-level policy and strategy approaches and summarises the findings and broader perspectives of the three reports on the effectiveness of social innovation governance. The research findings highlight the societal challenges in the EU, the interdisciplinary circumstances and the evidence-based interplay between the policy framework and the adaptability of multi-level governance.

EVALUATION OF HUMAN RESOURCE MANAGEMENT IN PUBLIC DENTAL ORGANISATIONS

Gulbanu Dosberdiyeva — 2024-09-20

The article presents the results of the assessment of the performance of human resources services of dental organisations of state ownership. The subject of the study was the existing practice of human resource management services in dental organisations in several cities in the south of Kazakhstan (Almaty, Shymkent, Taraz). A scoring system was used as a research tool, and a qualitative study was conducted using a focus group that included human resource managers from dental organisations. Focus group questions included information on recruitment and selection strategies, adaptation of new staff and opportunities for staff development. As part of the assessment of the quality of human resources management, a quantitative and qualitative analysis of the composition of the workforce was carried out using indicators such as: staff turnover rate (doctors, nurses and non-medical staff), effectiveness of staff selection for interviews, employee satisfaction, implementation of human resources forecasts, preparation of a human resources reserve, existence of standardised operating procedures, existence of a corporate culture development programme. A sociological survey of 150 dentists and 120 nurses was conducted to assess satisfaction with working conditions and pay. A 36-item "Job Satisfaction Questionnaire" adapted to the objectives of the study was used. The normality of the distribution of the characteristic was tested using descriptive statistics, graphs and the Shapiro-Wilk statistical test (for small samples). Pearson's χ2 was used to test hypotheses about the significance of differences between frequencies, as well as the relationship between qualitative variables measured on nominal and ordinal scales. The purpose of the study is to examine the activities of human resources services of public sector dental organisations, identify priority problems and develop proposals for improving their work. Results. Staff turnover, vacancy filling and staff satisfaction were assessed as satisfactory. However, the work of the Human Resources Department is ineffective in key strategic areas such as human resources policy, the technologies used to manage labour relations, the development of motivation policies and the provision of resources (identification of human resources needs and the creation of a human resources reserve). Conclusion. The results of the study of the work of HR management services allowed to conclude that their activities do not meet the requirements of modern management. Modernisation of these services is impossible without mandatory training of personnel in HR management and development of unified standards of operating procedures for HR technologies.

ISLAND TOURISM AND COVID-19: BUTLERS TOURISM AREA LIFE CYCLE, CULTURE, AND SWOT ANALYSIS

Hafdís Björg Hjálmarsdóttir — 2024-09-20

The purpose of this current research is to study island tourism during the COVID-19 pandemic. A unique island in the North Atlantic Ocean, in the Arctic region, was chosen to analyse island tourism. It is a European country, Iceland, located near the North Pole, at the "top of the world". In contrast to the well-known concept of sand island tourism, Iceland can be said to offer snow island tourism. In this remote area, the economic slowdown became noticeable somewhat later than in other regions of the world due to the COVID-19 pandemic. The methodology chosen to be presented in this study involves the use of a SWOT analysis to help clarify business strategy, applied to shed light on the strengths, weaknesses, opportunities and threats to a small open economy in the wake of the COVID-19 pandemic, focusing on island tourism, with a tourist destination located in the middle of the North Atlantic Ocean, almost equidistant from the US and Europe. The tourism industry in Iceland has grown substantially in recent years and has become the most important sector of the Icelandic economy in recent years, generating significant foreign exchange earnings for the country. In this analysis, tourism exports are presented as a share of GDP in line with international economic theories. Additionally, the country case study is considered in conjunction with the Butlers Tourism Area life cycle and culture in the analysis. The results of the SWOT analysis indicate that, when considering the strengths, weaknesses, opportunities and threats faced by the market, the overall growth potential of the market is significant. Practical implications include the need to strengthen the infrastructure further to best supply tourism opportunities. New opportunities are seen in online advertising, social media, digital marketing, food culture and historical culture, as well as sustainable and renewable resources. In addition, more attractions and pedestrian areas, as well as improved ski resorts. The value / originality of this study is somewhat unique, as it analyses island tourism, showing the successful development of tourism after the COVID-19 pandemic on remote islands in the North Atlantic Ocean. Ultimately, the summary and conclusions provide an overview and suggestions to consider when looking for ways to successfully promote tourism in the post-COVID crisis market.

AI IN BANKING: SOCIO-ECONOMIC ASPECTS

Jurijs Baltgailis — 2024-09-20

Artificial intelligence is revolutionising the banking sector, offering a range of benefits such as enhanced customer support, improved fraud detection and more informed decision-making. Banks are using AI technologies to optimise their operations, improve customer service, and proactively manage risks, leading to increased efficiency and productivity. The article is devoted to the issue of studying the use of artificial intelligence in the banking sector. The purpose of the article is to explore the potential of artificial intelligence for the banking sector. The article uses methods of data analysis and synthesis, systematisation and comparison. The article uses statistical data from the World Bank, the State Statistics Service of Ukraine and other official websites. The authors analyse the positive and negative aspects of the use of artificial intelligence in the banking system. Artificial intelligence technologies allow banks to process large amounts of structured and unstructured data to predict market trends, gain insights and identify investment opportunities, which ultimately leads to better decision-making. In banking, the main purpose of AI is to help consumers by prioritising their choices. AI also helps to ensure that customers are satisfied with the bank's services. The paper presents a statistical analysis of GDP growth, inflation and public debt in some countries of the world. With the emergence and spread of FinTech and DeFi technologies and the introduction of CBDC, the system of control and regulation of cash flows is becoming more complex. The practical value of the publication lies in the authors' recommendations on the application of artificial intelligence in the banking sector. The authors suggest ways to maximise the positive effect of artificial intelligence in the banking sector.

RELATIONSHIP BETWEEN ENERGY AND FOOD PRICES IN THE EURO AREA

Lachezar Borisov — 2024-09-20

Over the past five years, global economic developments have been accompanied by a number of challenges. After a period of economic development, the global economy is facing a significant challenge caused by the COVID-19 crisis. There have been factory closures, border closures and supply chain disruptions. All this is reflected in the EU and the euro area. This was followed by a period of recovery and accelerating inflation. The war on the territory of Ukraine is also having a significant impact on inflationary processes. This further jeopardises the supply of energy resources and their prices begin to rise at a very high rate. The shock of rising energy prices has also been reflected in sharp increases in food prices. In the euro area, there have been periods when food prices have risen by more than 17% on an annual basis and energy products by almost 60% in some months. All these developments highlight the need to examine the links between energy and food prices. This is necessary in order to be able to take quick decisions in the event of new volatility in energy prices. The aim of the study is to establish a causal relationship between the dynamics of energy and food prices and the time lag over which food prices react to increases in energy prices. A correlation analysis is carried out and a causal relationship between the two indicators is established by regression analysis at different time lags. The hypothesis tested is that, over the last five years, there has been a strong month-to-month correlation between energy prices and food prices with a lag of six months. For the purpose of regression analysis and hypothesis testing, monthly data for food inflation and inflation for the group Electricity, gas and other fuels have been used. The data are taken from the structure of the Harmonised Index of Consumer Prices published by Eurostat. The detailed regression analysis shows that there is a statistically significant linear relationship between the price indices of the two product groups with a lag of six months. The Granger causality test confirms the results of the dynamic, correlation and regression analysis. The results of the test show not only the existence of a causal relationship, but also the ability of energy price changes to predict food price dynamics. All this leads to the conclusion that in periods of significant changes in energy prices, food prices can be expected to follow similar dynamics within six months. This relationship could be used both for forecasting and for taking specific economic measures.

A SYNTHESIS OF THE DETERMINANTS OF SUCCESSFUL INTERCULTURAL COMMUNICATION IN ORGANISATIONS

Sebastian Tocar — 2024-09-20

Organisations exist, function and develop through communication. Intercultural communication is a specific communication activity in which the parties involved represent different cultures. The current context, dominated by globalisation, multiculturalism, internationalisation and digitalisation, underlines the importance of studying intercultural communication in an organisational context. The aim of this paper is to develop a comprehensive synthesis of the factors that influence the effectiveness of intercultural communication in organisations and to propose research hypotheses for future studies in this area. The methodology used to conduct this study includes the methods of analysis, synthesis, induction (for logical connections), deduction (for identifying theories from the literature), abduction (for identifying causes and factors and building hypotheses) and hierarchical classification (for grouping factors in the three-level taxonomy). The analysis of the factors mentioned in the literature on the effectiveness of intercultural communication in organisations has led to the development of a three-level taxonomy that groups them into five categories: management-related factors, group factors, individual factors, cultural factors and communication factors. This systematic and clarifying approach suggests linkages and directions for research as well as lines of action for practitioners to ensure sustainable development of multicultural organisations and increase the chances of success of intercultural communication in different organisational contexts. The novelty of the paper lies in the fact that the existing literature does not propose a systemic view of the factors that influence intercultural communication outcomes. Most of the identified research presents comparative, descriptive approaches to the characteristics of intercultural communication in specific cultural contexts.

FINANCIAL MANAGEMENT ACTIVITIES OF ENTERPRISES IN THE MODERN ECONOMIC CONDITIONS

Yuliia Aleskerova — 2024-09-20

The purpose of the study is to deepen the theoretical and methodological foundations and improve the practical recommendations regarding the financial management of companies in modern economic conditions. Results. Thus, it can be argued that modern crisis management of enterprises should be preventive in nature and be carried out in anticipation of negative crisis phenomena that lead to a loss of financial stability and solvency. According to the authors, the changing market environment creates an objective need to consider crisis management not as a one-time problem-oriented action, but as a continuous process, since it is known that it is easier to prevent a problem than to eliminate its consequences. It is evident that the practical implementation of management decisions necessitates the availability of appropriate sources of funding. These can be mobilised through the effective functioning of the financial mechanism, which comprises financial methods, financial levers, regulatory and information support. The efficacy of crisis management in enterprises hinges on the sufficiency of financial resources, which in turn depends on the selection of an appropriate method and instrument. Hence, the issue of optimal choice and feasibility of using financial methods in the context of crisis management of enterprise is a promising area for further research. The economic performance of the private company (PС) for the period 2021-2023 is positive, with an acceptable level of profitability. There is a threat of financial risk for the PС due to an increase in the amount of funds raised. At the same time, equity's manoeuvrability is increasing, indicating effective management of financial flows. Despite certain downward trends in the financial condition, the company has a significant margin of safety due to the fact that fixed costs are 21% or more. It follows that the main objective of financial management is to ensure growth in net income and profit, which can be achieved by increasing the production of veterinary drugs, growing sales of feed additives and providing services. Consequently, the most pressing objective of financial management at PC "O.L.KAR.-AgroZooVet-Service" is to enhance revenue generation and align financial flows. Methodology. The article develops methods of financial management of an enterprise, which envisage identification, analysis and development of models of anti-crisis management. Value / Originality. The management of the enterprise of wholesale trade in intermediate products is currently considered one of the most important and complex areas of activity and requires detailed consideration from the point of view of financial activity. The results of financial activity of PC "О.L.KAR.-AgroZooVet-Service" prove its efficiency. However, there is a clear tendency towards a certain complication of the efficiency of work, which is mainly connected with the influence of military events, the crisis state of the economy in general, the divergence of the trends in the price of the company's products and its costs, and fluctuations in the exchange rate. At the same time, the management of the PC conducts a financial policy aimed at development, accumulating profits in its capital and providing the necessary funds for the development of the company's fixed assets. Therefore, measures of anti-crisis management of the enterprise are proposed after calculating the bankruptcy model of the enterprise. Prospects for further research are related to the development of optimal solutions for managing the finances of business entities in Ukraine. Summing up the above, it can be noted that during the analysed period, the financial condition of a private enterprise did not deteriorate significantly: the company makes profits, but the indicators of financial stability and solvency attract special attention. Guided by these instructions and instructions for increasing the level of financial stability and improving financial management, PC "О.L.KAR.-AgroZooVet-Service" will maintain a stable and competitive level of financial and social activity on the market under proper financial management under the management, even in difficult times of martial law in Ukraine.

SYNTHETIC INDICATORS OF QUALITY OF LIFE: EVALUATION OF THE EFFECTIVENESS OF UKRAINE'S ECONOMIC POLICY

Olena Artemenko — 2024-09-20

This paper examines the effectiveness of Ukraine's economic policies through the lens of quality of life and argues for the adoption of a minimal set of evaluation criteria, ideally a single composite criterion, to optimise policy evaluation. Despite ongoing efforts to identify such criteria, the study introduces a novel approach by using synthetic indicators of quality of life as the basis for evaluation. This approach is particularly relevant in the context of Ukraine's post-war recovery and its aspirations towards European Union integration. These conditions require the adoption of economic policies that meet European standards of quality of life and facilitate the necessary reforms. Such policies are crucial for improving the living conditions of the Ukrainian population and facilitating the return of refugees after Ukraine's victory over Russia, the aggressor country. This study develops a methodology that uses synthetic indicators of quality of life as a system of criteria to assess the effectiveness of Ukraine's economic policy. The research involves a cross-country analysis of data from seven EU Member States and Ukraine, and the construction of regression models that link the determinants of state economic policy to several indicators: population quality, welfare, social quality, and a comprehensive synthetic indicator – quality of life. The obtained results confirm the hypothesis about the key parameters of the state economic policy as determinants of improving the quality of life of Ukrainian citizens. In addition, the analysis of the dynamics of synthetic indicators of the quality of life in Ukraine and their determinants makes it possible to identify priority areas of economic policy aimed at improving these indicators, which will contribute to the overall efficiency of Ukraine's economic policy.

TOPICAL ISSUES OF DOCTRINE AND COURT PRACTICE ON THE INTERNATIONAL RESPONSIBILITY OF THE STATE FOR THE ACTIVITIES OF FOREIGN NON-STATE ARMED GROUPS

Oleksandr Bazov — 2024-09-20

The article examines the topical issues of doctrine and international judicial practice regarding the determination of the State's responsibility for international wrongful acts, in particular, those related to the activities of foreign non-State armed groups. The authors analyse the international legal framework of State responsibility for international wrongful acts, as well as individual criminal liability of individuals. The paper substantiates a set of economic and legal instruments for the implementation of international responsibility (reparations, satisfaction, restitution, economic sanctions) as a mechanism for ensuring compliance with international law by States. The study identifies the legal positions of the International Court of Justice, the International Criminal Court, the International Criminal Tribunal for the former Yugoslavia, the European Court of Human Rights and other international judicial institutions on the application of the concepts of "effective control" and "overall control" in judicial practice, as well as problematic issues of law enforcement.

THE THEORY OF TRANSFORMATION OF INTELLECTUAL PROPERTY LEGAL REGIMES USING BLOCKCHAIN TECHNOLOGIES: INTERNATIONAL CONTEXT

Oleksandr Bignyak — 2024-09-20

This article is dedicated to the study of the theory of transformation of intellectual property legal regimes through blockchain technologies on an international scale. It focuses on three thematic blocks: firstly, defining the essence of blockchain technologies; secondly, analysing international blockchain technology standards; and thirdly, exploring variations in the use of blockchain technologies for the registration of intellectual property objects. The subject of the study is the social relations in the field of intellectual property and the mechanisms for their regulation. Methodology. The article employs scientific methods of cognition and doctrinal resolution of issues related to the use of digital tools in the regulation of social relations. This encompasses formal-logical and dialectical methodologies. A variety of empirical techniques, including synthesis, deduction, and statistical analysis, were employed. Results. The study reveals the absence of a direct indication of the use or intent to use distributed ledger technology, otherwise known as blockchain technology. The study demonstrates the significance of utilising blockchain technology in maintaining the customs register to account for intellectual property objects protected by law. This ensures the impossibility of unauthorised alteration or deletion of information about intellectual property objects, as provided by distributed ledger technology. These legal relations emerge in the course of entering information into the aforementioned registers, making modifications (updates), and providing information to interested parties. The use of blockchain technologies in the formation of the register of issued certificates of state registration of copyright for a work is justified.

COUNTERING COLLABORATIONISM IN THE CONTEXT OF ARMED CONFLICT

Ivan Vyhivskyi — 2024-09-20

The purpose of the article is to identify the peculiarities of combating collaborationism in the context of armed conflicts and to highlight the main areas for improving criminological policy in this area. It is established that collaborationism, in a broad sense, is a complex criminal phenomenon that arises as a result of the interaction of subjects of the communication process (individuals, certain organisations) or voluntary or forced cooperation with the aggressor. In a narrow sense, it is an act, the characteristics of which are defined, in particular, in Art. 111-1 of the Criminal Code of Ukraine and which undermine the national security of Ukraine, pose a direct threat to the state sovereignty, territorial integrity, constitutional order and other national interests of Ukraine, and/or constitute conscious, voluntary and deliberate cooperation with the enemy in its interests and/or to the detriment of the state and its allies in the form of public denial by a citizen of Ukraine of armed aggression against Ukraine, establishment and confirmation of the temporary occupation of a part of the territory of Ukraine, or public calls by a citizen of Ukraine to support the decisions and/or actions of the aggressor state, armed formations and/or occupation administration of the aggressor state, to cooperate with the aggressor state, armed formations and/or occupation administration of the aggressor state, not to recognise the extension of the state sovereignty of Ukraine to the temporarily occupied territories of Ukraine. It is emphasised that with the entry into force of the Laws of Ukraine "On Criminalisation of Collaboration" and "On Amendments to the Criminal Code and the Code of Criminal Procedure of Ukraine to Improve Liability for Collaboration and Peculiarities of Application of Preventive Measures for Crimes Against the Fundamentals of National and Public Security" (2022), Ukraine has generally created a legal framework for preventing collaboration in the state. Results. The analysis has revealed the existence of problematic issues in countering collaboration in the current context of the armed conflict in Ukraine and allowed to propose ways of solving them, in particular the need to amend the sanctions of the Criminal Code to classify collaboration as a serious crime, since according to the Criminal Procedure Code the vast majority of covert investigative actions are carried out exclusively in criminal proceedings for serious or particularly serious crimes. These amendments will make it possible to properly document the criminal actions of "collaborators" and to significantly expand the legal scope of evidence collection in these crimes to include not only educational, but also cultural, athletic and sports institutions in the scope of collaboration, which will make it possible to investigate the dissemination of information in educational, cultural, sports and physical culture institutions aimed at distorting facts, historical culture and/or events, as such assimilation of Ukrainian children may lead to the loss of their national identity. It is expedient to change the construction of the provision, which is in line with the principle of legal certainty, and define the prohibited types of legal activities. Such a list is also provided for in the Law of Ukraine "On Ensuring Civil Rights and Freedoms, and the Legal Regime on the Temporarily Occupied Territory of Ukraine" (2014); Article 111-1 of the Criminal Code of Ukraine provides for alternative jurisdiction for pre-trial investigation of a criminal offence. In particular, in criminal proceedings on collaboration, the pre-trial investigation is carried out by the investigator of the body that initiated the investigation.

PECULIARITIES OF THE APPLICATION OF EVENTS IN THE MARKETING TOOLS SYSTEM IN UKRAINE

Volodymyr Vovk — 2024-09-20

The article examines the distinctive characteristics of the utilisation of events within the marketing tools system in Ukraine. Furthermore, it analyses the prevailing global trends in the deployment of events within the marketing tools system. In particular, the annual increase in event budgeting is highlighted as a key trend, enabling organisations to plan more significant and better events in order to achieve their marketing goals. The implementation of technology in event marketing, whereby companies invest in events and utilise technology to create memorable experiences for customers and facilitate long-term growth, represents a significant trend. However, there is a shortage of qualified professionals in the field of event marketing, which presents a challenge for organisations seeking to engage with target audiences. Research indicates that 40% of event organisers perceive attracting new participants as their primary marketing challenge. Additionally, the popularity of remote and combined events, alongside the recognition of the effectiveness of live offline events in event marketing, represent noteworthy developments. It has been demonstrated that marketing tools have undergone substantial modifications and adaptations in the context of the ongoing conflict in Ukraine. One of the most instrumental tools to emerge in this context is that of events. Notwithstanding the challenging circumstances, event marketing continues to represent a potent instrument for communication and persuasion among target audiences. The organisation of events in the context of armed conflict necessitates a high degree of vigilance and consideration for the safety of all participants. Those responsible for organising such events are compelled to give due consideration to the potential risks and to devise contingency plans in the event of unforeseen circumstances. Concurrently, such occurrences serve as a conduit for bolstering the populace's morale, disseminating crucial intelligence, and fortifying national unity. It is imperative to acknowledge that the war has compelled businesses to reassess their marketing strategies, resulting in the implementation of more adaptable and flexible approaches to event organisation. Online and hybrid formats have become indispensable tools for enabling continuous customer engagement despite physical constraints. Consequently, events in Ukraine's marketing tool system during wartime have been demonstrated to be highly efficient, flexible, and adaptable. Such events play a pivotal role in sustaining business stability, fostering new forms of audience interaction, and strengthening social bonds.

THE ECONOMIC AND LEGAL NATURE OF THE MINIMUM TAX LIABILITY

Olena Hafurova — 2024-09-20

The relevance of the study of the economic and legal nature of the minimum tax liability is due to several factors. Firstly, being relatively new for Ukraine, this type of tax has not yet been sufficiently studied by scholars. Secondly, due to the specifics of the object of taxation, the introduction of the minimum tax liability significantly affects the taxation of farmers – owners of agricultural land and land users, producers of agricultural products, who are among the most vulnerable segments of the population. Thirdly, such a reform of the tax burden on business entities in agriculture, as one of the sectors most affected by Russia's armed aggression, requires a thorough analysis of its timeliness and appropriateness. This necessitates a study of theoretical and practical aspects, potential risks of introducing the minimum tax liability, as well as the formulation of proposals for solving problematic issues in this area, which is the purpose of the study. The research methodology includes a number of methods of scientific knowledge: the philosophical (dialectical) method, general scientific methods (the method of analysis and the formal logical method), as well as methods related to special scientific methods (formal legal and comparative legal). Results. The study of the economic and legal nature of the minimum tax liability concluded that there is a tendency to expand the range of taxpayers. In particular, at the expense of individuals – members of private farms. The article proves that such innovations lead to the loss of existing tax privileges for farms and increase the tax burden for these entities. The authors identify the risks of introducing a minimum tax liability, including incentives for farmers to alienate agricultural land or transfer it to other persons, alienation of farmers from the main means of production, and increased unemployment. It is established that the introduction of the minimum tax liability under the existing conditions is a violation of the fundamental principles of tax legislation of Ukraine. The generalisations obtained can be used to amend the tax legislation and will be useful in conducting scientific research on tax and agricultural legal relations.

ECONOMIC AND INTERNATIONAL LEGAL ASPECTS OF HAZARDOUS WASTE MANAGEMENT REGULATION

Liudmyla Golovko — 2024-09-20

It is evident that the implementation of effective climate change mitigation and environmental protection policies is contingent upon the rational management of hazardous waste. Empirical evidence suggests that the legal regulation of such waste at the national level is inadequate. Consequently, there is a pressing need for enhanced international cooperation and the establishment of robust international legal frameworks to address this issue. The purpose of the article is to analyse the existing international agreements governing hazardous waste management, identify their advantages and disadvantages, and propose changes necessary to improve the management of this type of waste. This included analysing statistical data on hazardous waste management. For a better understanding of the situation, an analysis of international court decisions was also carried out, which helped to identify the depth of the problems in this area. Methodology. General theoretical methods were mainly used in the study. Analysis and synthesis, systematic interpretation, and theoretical generalisation helped to summarise international approaches to hazardous waste management. Results. The article examines the content of international treaties in the field of hazardous waste management and the practice of their implementation. Practical implications. Based on the doctrinal provisions and the norms of current international law, the author identifies the main range of problems existing in the field of hazardous waste management and suggests possible ways of their solution. Value / Originality. It is determined that an important step in improving the effectiveness of international treaties in the field of hazardous waste management is to strengthen control over their implementation, since in practice there is a systematic violation of them.

FORMATION OF A NEW PARADIGM OF GLOBAL POLITICAL AND MIGRATION PROCESSES UNDER THE INFLUENCE OF MILITARY OPERATIONS IN UKRAINE

Vladyslav Golub — 2024-09-20

The events of February 2022, related to the military aggression of the Russian Federation and a full-scale attack on Ukraine, became the greatest catastrophe of the twenty-first century and the most brutal war on European soil since the Second World War, and is gradually being defined as World War III in terms of its impact on global political and economic relations and the use of military weapons. Although no final assessment has been made (the war is ongoing), the undeniable consequence of Russian aggression has been the violation of the world order built after World War II and the risk of global chaos. One of the most powerful consequences of the war was an unprecedented wave of Ukrainian migration, the lion's share of which was to Europe. And while European countries, faced with an unprecedented influx of refugees, are withstanding the socio-economic burden with dignity, Ukraine has found itself in a demographic catastrophe. The wave of forced migration coincided with long-term demographic problems: a decline in the birth rate, an increase in the number of middle-aged people, and the outflow of population during the war. All these processes will have a steady impact on global migration and political processes. New instruments of state and global regulation of these processes will be required. They will also require the formation of a new paradigm of global economic development. The authors aim to deepen the study of the issue of identifying and assessing the preconditions and consequences of migration processes in the world under the influence of military operations in Ukraine. The paper examines the impact of migration processes on globalisation and economic processes in Europe and the world; the dynamics of the share of labour migrants in the total labour force by income level of destination countries in 2013, 2017, 2020; features of the migration wave of Ukrainians evacuated due to the military aggression of the Russian Federation in 2022; generalised statistical information on the migration processes of Ukrainians during the period of 01.02.2023 – 21.06.2023; detailed statistical data on the number of Ukrainian citizens abroad (as of 01.02.2023), broken down by migrant countries; political and socio-cultural context of the formation of a new paradigm of migration processes. The full implications for Ukrainian migration will be summarised after the war is over, but the following interim conclusions are relevant today. The analysis of migration processes in the world and Europe in the current context suggests that migration is actively taking place and contributes to the development of international integration, as it reduces the number of barriers and increases opportunities. The war in Ukraine will have a significant impact on the economy in terms of the following effects: disruption of global supply chains, increased inflationary pressures, higher energy and raw material prices; food prices will also increase as supplies of wheat and cereals from the Russian Federation and Ukraine are disrupted. and Ukraine have been disrupted; higher energy and commodity prices will cause further inflation, deteriorating economic prospects, reduced confidence and increased financial market risk associated with greater geopolitical tensions; worsening food security in some developing countries in the Middle East and Africa. On the other hand, migration is currently seen as a tool for long-term growth in the EU. The analysis shows that migration provides significant economic benefits, primarily to host countries. Today, the EU is facing a growing shortage of skilled labour due to unfavourable demographic trends in Europe. Given the massive emigration of Ukrainian citizens to the EU, migrants are solving the problem of staff shortages. This is especially true given that Ukrainian emigration provides for adequate social protection and legal support, which guarantees the right to settlement, work and education. The right to employment is readily exercised by Ukrainian migrants, as they are largely people of working age, primarily women. In general, it can be argued that the prospects for regional migration are currently linked to many factors and very uncertain prospects for a return to the pre-2022 or pre-pandemic models of the Eastern Partnership. The war in Ukraine is already escalating into a protracted conflict that will threaten both the economic situation of millions of people and the hopes of temporarily displaced Ukrainians to return home for a long time. As a result, displaced Ukrainians, their host EU countries, and the Ukrainian government will have to deal with the new circumstances, adapting temporary modalities to longer-term solutions.

THEORETICAL BASIS OF EDUCATIONAL TOURISM: INTERNATIONAL ASPECT

Svitlana Gutkevych — 2024-09-20

International educational mobility plays a crucial role in the advancement of science and education, with far-reaching implications for socio-economic development. The growing number of internationally mobile students intensifies competition among host countries, which goes beyond the market for educational services. In the long run, it is the competition for human capital that is crucial for economic development. This study aims to deepen the understanding of educational tourism as a distinct form of educational mobility. The article reviews the literature and analyses existing approaches to the definition of educational tourism. By analysing different types of educational mobility, the paper proposes a classification based on the goals, age of travellers and stages of career development that better emphasises the unique features of educational tourism. Taking into account the interdisciplinary nature of educational tourism, the paper considers it within the framework of the concept that the authors call "MET: Mobility, Education, Tourism". This approach allowed the authors to propose a definition of educational tourism that better reflects the nature of this phenomenon and distinguishes it from other types of educational mobility. The authors have identified key factors that influence the development of educational tourism, including technological progress, globalisation of education, economic factors, government initiatives, educational innovations and current trends in the labour market. Based on the findings, this paper offers principles for promoting educational tourism, emphasising the concept of Tourist Lifetime Value (TLV). This approach takes a long-term view of educational travel, taking into account the potential for lifelong learning and repeat visits. This research contributes to a deeper understanding of educational tourism, providing a basis for developing effective strategies to stimulate its growth and enhance its positive socio-economic impact on both host and home countries.

ANTI-CORRUPTION COMPLIANCE AND MANAGEMENT IN THE CONDITIONS OF RECOVERY

Oleg Dubynskyy — 2024-09-20

The subject of the study is management and public relations in the field of anti-corruption compliance in the context of recovery. Methodology. The methodological basis of the study is the methods of induction and deduction, the dialectical-materialist method, the method of analysis and synthesis, and the historical method, which allowed for an objective understanding of the content and essence of the issues under study. The aim of the article is to analyse the theoretical aspects of the peculiarities of anti-corruption compliance and management in the context of recovery and to propose effective ways to improve the mechanism of these procedures. The results of the study showed that anti-corruption compliance in the context of restoration means not only a methodology for fighting corruption, but also the formation of principles and conditions related to conducting transparent and honest business. Conclusion. The successful operation of any company depends entirely on its attitude to corruption, which it must be aimed at combating. Violation of the anti-corruption policy can lead to irreparable consequences. The issue of establishing an effective anti-corruption system in commercial organisations is quite relevant. The main task of such a system is to identify and minimise corruption risks in advance, as well as to eliminate the causes and conditions of their occurrence in a timely manner. The need to develop and use compliance is based on the complexity of regulation and, therefore, the high probability of violating certain legal norms or internal rules. Anti-corruption compliance reduces the risks associated with corruption offences committed by employees, as well as the risks of damage to the company (not only material but also reputational). The study and synthesis of local acts adopted by organisations aimed at combating corruption allowed to summarise and critically evaluate an approximate list of principles that they most often adhere to when building an anti-corruption compliance system in the context of recovery. Adherence to the list of principles, taking into account their content and identified implementation problems, will allow to improve the typical model of anti-corruption management in the context of recovery. There are key management elements that can be identified, the presence of which in the corporate anti-corruption compliance control system allows to judge the success of such a system in the recovery environment. These key elements require a more detailed study, taking into account the specifics of the company's activities, but with their help, management can make anti-corruption compliance more effective in the recovery environment.

PROTECTION OF ECONOMIC HUMAN RIGHTS BY REPRESENTATIVE BODIES: EUROPEAN STANDARDS

Zoia Ivantsova — 2024-09-20

Economic human rights are essential components of democratic societies, enabling individuals to engage in economic activities, own property and exercise entrepreneurship without undue interference. This article examines the role of representative bodies in protecting these rights, with a particular focus on the European standards set by the Council of Europe and the principle of bona fide. The purpose is to offer a comprehensive understanding of how these rights are protected and promoted, especially in the context of ongoing legal and policy reforms in Ukraine. The methodology involves a detailed analysis of the relevant legal texts and standards, both Ukrainian legislation and the Council of Europe legal framework. This approach allows for a critical analysis of the principles underpinning the protection of economic human rights and provides insights into best practices that Ukraine can adopt. The study emphasises that the protection of economic rights is not only a matter of compliance with the law, but also a moral imperative that requires honesty, transparency and integrity in governance. Representative bodies, such as the Verkhovna Rada of Ukraine, play a crucial role in this process by adopting and enforcing laws that protect economic freedoms and guarantee fair practices. Particular emphasis is placed on the principle of good faith, which requires all actors, including the state, to act in good faith and honesty to foster an atmosphere of trust and accountability. This principle extends to the enforcement and remediation of economic rights violations, requiring a transparent and fair response to violations and adequate remedies for those affected. In conclusion, bringing Ukraine's practices in line with European standards strengthens the protection of economic rights and promotes deeper integration into the European context. By adhering to the principle of good faith, Ukraine can strengthen its legal and economic systems, thereby contributing to the welfare and development of its citizens and society as a whole. This commitment is not only in line with European norms, but also lays the foundation for sustainable and equitable economic growth.

BUDGET DECENTRALISATION: RESULTS AND CURRENT CHALLENGES

Oleksiy Kavylin — 2024-09-20

The purpose of the paper is to analyse the results of budgetary decentralisation in Ukraine, to identify the factors that have the greatest impact on its success, and to identify the urgent tasks for improving the financial capacity of hromadas. Results. The article analyses the content of the strategies for reforming the public finance management system for 2017-2020 and 2022-2025, as well as the reports on the implementation of the Strategy for the period February 2017 – December 2019 and for 2022. The paper identifies the main achievements and unresolved issues of implementation of these strategies. The study highlights the factors that have the greatest impact on the success of the implementation of the tasks of reforming the public finance system. The coefficients of budgetary centralisation and decentralisation are calculated on the basis of expenditures of the Consolidated, State and local budgets. The article examines the results of a survey of local government representatives conducted in 2023 from April 27 to May 4 by the Kyiv International Institute of Sociology within the framework of the Sectoral Support Initiative for Civil Society in Ukraine project on the availability of post-war recovery plans in hromadas. Value / Originality. The undisputed results of the budget decentralisation for the period 2017-2020 include an increase in the volume of local budgets' own financial resources and a certain improvement in the quality of public services provided to consumers, but it is noted that the goals of the Strategy for Reforming the Public Finance Management System were not achieved during this period. The authors note a significant improvement in the quality of strategic planning in 2021 compared to 2016. It is emphasised that the implementation of most of the budgetary decentralisation measures planned in the latest Strategy was prevented by the full-scale war with Russia. Among the unresolved issues of the reform are the following: significant dependence of local self-government on central government transfers, duplication of functions by district and regional state administrations, low human and institutional capacity of local self-government bodies, and the procedure for administering local taxes. One of the urgent tasks of budgetary decentralisation is the need to develop and implement post-war reconstruction measures.

PROTECTION OF ATMOSPHERIC AIR AND AIRSPACE OF UKRAINE: LEGAL, REGULATORY, ENVIRONMENTAL AND ECONOMIC ASPECTS

Tetiana Kolomoiets — 2024-09-20

The study uses general scientific and special methods, the main of which are: abstract-logical, deductive, inductive, historical, modelling and forecasting, methods of system-structural, system-functional analysis, economic and statistical (grouping, comparison, etc.). The use of system analysis methods made it possible to structure the constituent elements of the regulatory and legal support of public administration in the field of protection of atmospheric air and airspace of Ukraine. The purpose of the article is to characterise the protection of atmospheric air and airspace of Ukraine in the regulatory, legal, environmental and economic aspects. It is determined that the regulatory framework for regulating the principles of atmospheric air safety is a component of the mechanism for ensuring environmental safety. The article emphasises that for the first time the principles of environmental safety were enshrined in the Declaration of State Sovereignty of Ukraine, where the principles of environmental safety were established at the level of a separate section. It is emphasised that the functional content of the administrative and legal protection of atmospheric air includes: ensuring air pollution within the limits of the maximum permissible emission standards in order to ensure the right of a person to a safe and quality environment; greening of production; introduction of ecological fuel quality standards; greening of the energy cluster of the economy, including through the introduction of the principles of decentralisation of the country's energy system; establishment of information interaction between the participants of legal relations in order to ensure the transparency of economic activities related to environmental pollution; formation of a high level of environmental legal awareness, etc. The article draws a conclusion that ensuring proper quality of atmospheric air is a component of the mechanism for ensuring environmental safety. The authors underline that the understanding of the system of regulatory and legal regulation of atmospheric air and airspace protection should be functionally aimed at ensuring compliance with environmental standards for the operation of such facilities in accordance with economic feasibility and social justification. The paper concludes that atmospheric air safety and airspace safety are part of the national security system, where the former is a component of environmental safety and the latter is a component of state security, and should be understood as the state of atmospheric air and the integrity of the air environment, for which physical, chemical and biological properties are established which create favourable and sufficient conditions for the vital activity of people and settlements.

FORECASTING THE INNOVATIVE AND DIGITAL STRENGTH OF UKRAINE’S ECONOMY ON THE BASIS OF CORRELATION-REGRESS ANALYSIS

Kateryna Kraus — 2024-09-20

The purpose of the research is to present the realised forecasts of Ukraine's economic power in order to find reserves for the recovery of the national economy and opportunities for the formation of digital entrepreneurship on the basis of innovative functioning, which will lead to economic growth in the medium and long term. The object of scientific research is the expenditure on SRD and S&T development by types of work in Ukraine from 2010 to 2022 and the analysis of indicators of GDP the influence of time, employment and inflation factors; expansion of digital capabilities of entrepreneurship due to the conducted R&D, which will become a guarantee of the emergence of breakthrough innovations as one of the key reserves of innovative and digital development of the country during the war and post-war reconstruction of Ukraine. Methodology. A study was conducted utilising dialectical, systematic, mathematical and statistical methods to investigate the R&D expenses by types of work in Ukraine from 2010 to 2022 and the GDP from 2011 to 2023. This analysis determined the prospective existing reserve of economic strength with positive dynamics and highlighted the necessity for a strategic format of digital business work based on innovation. A CRA was conducted to determine the strength of the relationship between SRD expenditures and time (i.e., a set of factors that consistently influence SRD funding and drive its growth trend). Fisher's test was calculated, and an econometric analysis was performed based on GDP indicators over 56 quarters, establishing the dependence of the GDP volume on the time factor and the cyclicality of seasonal fluctuations. Resluts. The conditions for accelerating the digitisation of business processes at domestic enterprises are, in particular, the presence of highly qualified S&R personnel, innovators and researchers in the country, the development of new institutes of innovative and digital development, and the transformation and adaptation of old institutes of development to the existing conditions. The obtained data of CRA show that there is a close relationship between the GDP of Ukraine and the time factor, and the direction of the relationship is direct, i.e., linear, which in this case is a positive fact. It is determined that in pursuit of the goal of restoring the innovative potential of the national economy in the post-war period and further active development of digital entrepreneurship in Ukraine, it is necessary to continue financial support for scientific research and scientific and technical developments carried out in various sectors of the economy. Practical implications. The analysed statistical data had a positive impact on the professionalism of the forecast calculations and allowed to state that in 2027, with a probability of error of 6.29%, the volume of expenditures on research and development is projected to range from 20,202.74 to 29,201.18 million UAH. The results of the CRA show that the multiple correlation coefficient (R) is 0.94, which indicates a close overall relationship between the country's GDP and three independent variables (inflation rate, unemployment rate, time factor). The linear regression equation fits the sample data well and the model is qualitative. The results of the forecast are as follows: Ukraine has the potential for post-war recovery and can develop models for post-war economic reconstruction and changes in its structure. Government officials can develop institutional instruments to attract investment and provide effective mechanisms for the future transformation of the existing labour market and human capital institution. Value / Originality. Having conducted a thorough analysis of the statistical data on the dynamics of spending on S&T development and implementation of the SRD in Ukraine in 2010-2022, the authors managed to determine the relative error of approximation – a criterion for assessing the reliability of the forecast, which amounted to 8.74% and considered the approximation to be qualitative, and the forecast for 2027 is reliable. It is determined that the regression equation is most accurate when R2 approaches its maximum value, that is, 1, and in this case, it is 0.9096, which is a good result and means that the linear regression equation fits the sample data well and the model is of high quality. And for Ukraine's economy, which is under martial law, such positive expectations for GDP and the possibility of increasing R&D spending give hope that Ukraine's economic strength is real, as confirmed by the forecast calculations.

THE ROLE OF DIGITAL TECHNOLOGIES IN ADDRESSING TODAY'S GLOBAL CHALLENGES

Andrii Krupa — 2024-09-20

The significance of the study is due to the crucial role that technology plays in solving many of the global problems faced by the modern world. The impact of technology in addressing these issues not only provides insight into current and future challenges, but also offers viable solutions to overcome them. Harnessing technology can create a more sustainable, just and prosperous world for all. The aim of the study is to conceptualise how digital technologies can be used to address the world's pressing global issues. The study focuses on international experience in tackling these global issues through the use of digital technologies by business leaders. Specifically, the research examines digital technologies as a powerful tool for addressing global challenges, while emphasising the need for careful and balanced implementation that takes into account environmental, social and economic factors. Study objectives include the following: (1) to study the role of digital technologies in solving modern global problems; (2) to identify ways to accelerate technological innovation in the field of environmental protection; and (3) to justify the responsibility of business leaders for environmental protection and solving modern global challenges. Digital technologies such as artificial intelligence, blockchain, the Internet of Things (IoT) and big data have become an integral part of modern society and have a significant impact on solving global problems such as combating climate change. Artificial intelligence, in particular, is crucial for predicting climate change, optimising the use of resources and improving the efficiency of energy production. The study highlights the experiences of leading countries that are using technology as a key element in addressing global challenges, offering innovative solutions to problems that once seemed insurmountable. The paper concludes that the potential of modern technologies is key to addressing today's global challenges, emphasising the need to integrate innovative solutions into national policies and development strategies. The study offers recommendations for further integration of digital technologies into various spheres of public life to effectively address these issues.

FISCAL ASPECTS OF ESG BUSINESS DEVELOPMENT CONCEPTS

Oleg Lagodiyenko — 2024-09-20

The subject of the study is the fiscal aspects of the ESG concept of business development. Methodology. The study uses general scientific methods, in particular, theoretical generalisation, methods of analysis and synthesis and statistical analysis, as well as the graphical method to visualise the results of the study. The purpose of the study is to analyse the strategic guidelines of tax policy through the prism of the ESG concept. Conclusion. The fiscal aspects of the ESG concept are an important element in understanding its impact on business. They include various tax incentives and mechanisms that promote the implementation of ESG standards and take into account the consequences of non-compliance for businesses. In particular, fiscal policy includes tax incentives for businesses that invest in green development, support social initiatives or improve corporate governance. In a broad sense, instruments such as environmental taxes are aimed at achieving sustainable growth and economic development. Strategic tax policy guidelines under the ESG approach include encouraging investment in sustainable technologies through tax incentives for companies investing in renewable energy and environmentally friendly projects. Social initiatives are supported through tax rebates for companies that develop programmes to develop local communities and improve working conditions. Corporate governance regulations require companies to report on the environmental, social and governance aspects of their activities. Promoting the circular economy includes tax incentives for companies that implement recycling and waste reduction practices. Support for small and medium-sized businesses includes tax incentives for SMEs that implement ESG standards and easier access to green finance. International cooperation involves bringing tax policy in line with international ESG standards and participating in global tax transparency initiatives. Adaptation to climate change includes the introduction of taxes on greenhouse gas emissions and the transition to low-carbon business models. Green project financing involves the use of tax revenues to support green initiatives. Innovations in tax administration are being introduced through new technologies, and education and training include funding for ESG training programmes. These guidelines will help businesses adapt to new conditions, create sustainable value and meet modern environmental, social and governance requirements.

REVENUE FORECASTING SCENARIOS FOR INTERNATIONAL HOTEL CHAINS

Anatolii Mazaraki — 2024-09-20

The purpose of the study is to develop a system of balanced scorecards for forecasting the income of hotels belonging to international chains. The subject of the study is the system processes of evaluating the effectiveness of the management analysis system, which are determined on the basis of calculating key performance indicators, and as a result of the integral indicator through the analysis and aggregation of individual functional criteria based on comparison with the reference values of the revenue management model for pricing, load planning and its redistribution between revenue centres. Methodology. The study uses the methods of theoretical and logical generalisation. The article describes a set of strategies and tactics used by international hotel chains to manage the demand for hotel services. The results of the article are to form a model for conducting a detailed operational and financial analysis of the hotel enterprise by revenue centres, which contributes to the development of a strategy. The authors have selected a set of indicators that are used to ensure a balanced approach to measuring performance through the indicator method and visual representation in a graphical representation. The paper analyses the performance of international hotel chains over twelve years in order to assess the impact of key factors on their revenues and develop forecasts; the estimated indicators were classified into seven groups: assessment of the average daily revenue per room, room cost, occupancy rate, market share, staff productivity, resource intensity and digitalisation costs. The publication uses the example of international hotel chains to clarify the content and importance of revenue forecasting in the revenue management system.

MODEL OF CORRELATION BETWEEN ANTI-CORRUPTION INSTITUTIONS OF INTERNATIONAL AND NATIONAL LAW

Oleksii Makarenkov — 2024-09-20

The subject of the article is a model of correlation between anti-corruption institutions of international and national law. The research methodology involved the use of formal and dialectical logic, historical and legal, comparative legal, anthropological and legal, economic and legal, hermeneutical, synergetic, systemic, and statistical methods. The purpose of the article is to reveal the model of correlation between anti-corruption institutions of international and national law. It is determined that anti-corruption policy becomes a value when it is implemented on an institutional basis. Such a basis means its independence from the acquisition of public power by any person. The sustainability and completeness of the manifestation of virtues in legal relations are ontologically determined by the processes of nation-building, which, in turn, are based on the values of law inherent in human nature. The anti-corruption model is influenced by historical, spiritual, cultural, external conditions, climatic, geographical and other living conditions. Such a model becomes effective when all these factors and their conditions form the best basis for the development of the nation, compared to others, through the full use of the energy potential of the virtues of all its members. Any delay, irresponsibility and/or unjustified loss of vigilance regarding the components of this model leads to decline. It is emphasised that the national anti-corruption model is ternary, since it is based on three main elements, namely, anthropospatial legislation, the practice of its application within the framework of administrative and jurisdictional procedures. The configuration of both elements of the model and their parts is determined by its uniqueness. The most superficial classification of these models is based on the system of criminal justice components. The fundamental classifications of national anti-corruption models are based on the anthropological dimension of legislation and practices of its application outside the criminal process. This is the strategy of anti-corruption work. The role of a person in the strategy process is not to remain in office as long as possible, but to remain in office as useful and effective as possible. Corruption distortions in legal relations disappear where the individual nourishes the institutions of law and power rather than replaces them. The author establishes that the correlation between national and international anti-corruption models is conditional, since the international model has not yet been formed and largely reflects the worldview of the Western legal tradition. It is also precocious to discuss an international anti-corruption model because the international community has not reached a sincere agreement on a universal set of human rights and freedoms and their scope. However, such a substantive understanding is the essence of anti-corruption policy, where its rules and practices reveal the nature of human virtues in legal relations. Currently, there is no complete description of the counterbalance to this tradition of law. Eastern, Muslim, Hindu and other non-Western cultures have adopted legal institutions for the declaration of assets and interests of public officials, conflicts of interest, financial audits of public procurement and anti-corruption criminal justice systems. The Republics of Singapore, Japan and Hong Kong have been the most successful in this anti-corruption legislative reception. The implementation of these institutions by other nations requires their adaptation to unique existential conditions, so that the potential for the liberation of human virtues by the force of legislative requirements is organically strengthened by the conditions of the nation's development. This will manifest the features of both innovation and anthropo-dimensionality of law.

THE MECHANISM OF CRIMINOLOGICAL POLICY FORMULATION IN THE FIELD OF COUNTERING TRANSNATIONAL ORGANISED CRIME

Vasyl Maliyk — 2024-09-20

The objective of this article is to elucidate the fundamental components of the mechanism for formulating criminological policy in the context of combating transnational organised crime. In addition, it aims to analyse the subjective composition of the counteraction to such criminal offences and to identify the measures that are necessary to neutralise threats and risks to national security. The article presents a scientific discussion of the mechanism of formation and implementation of criminological policy. It is determined that the nationwide system of combating transnational organised crime can counteract the systemic threats reflected in the Strategy for Combating Organised Crime. This necessitates the establishment of a singular entity: a state body endowed with distinctive status, entrusted with the requisite authority over other entities, including competence related to the budget allocation process and control over its implementation in terms of combating such crime. This entity must possess a sufficient information and analytical component, the result of which should be both the assurance of the agency's ongoing activities and the preparation of strategic programme documents on combating transnational organised crime in general and in its individual areas. These documents must then be approved by the President of Ukraine, who serves as the guarantor of national security. Results. The author develops a scientific concept of the criminological policy of combating transnational organised crime based on the system of coordinated measures to ensure criminological security. This concept has been tested by domestic and foreign practice, with the development and implementation of a set of strategic legal, economic and social measures in the activities of entities involved in combating transnational organised crime (decisions, recommendations, and methodologies) at the legislative and governmental levels. These measures are aimed at identifying criminogenic factors and making effective legal and regulatory, organisational and managerial decisions, including departmental (and interdepartmental) decisions, by authorised entities on this basis.

FINANCIAL MARKET’S ROLE IN DETERMINING THE VALUE OF INTERNATIONAL BUSINESS INTANGIBLE ASSETS

Diana Mykhaylyna — 2024-09-20

As humanity moves into the era of digital technologies and the knowledge economy, the importance of intangible assets in the global economy and international business has been increasingly recognised. Amid the forced virtual communication resulting from the lingering effects of the COVID-19 pandemic, as well as the social conflicts and cyber-attacks associated with Russia's hybrid war in Ukraine, the value of intangible assets such as reputation, investor and customer loyalty, consumer data, branding, intellectual expertise and copyrights has taken on new importance and relevance. The purpose of the research is to improve the conceptual and methodological foundations for determining the nature and value of intangible assets of leading international companies, in particular, their undisclosed components, based on the use of financial market data. Research methodology. The study is based on systems analysis, analysis and synthesis, statistical and graphical methods. These methods were used primarily to identify the structure of the intangible assets of leading international companies, highlighting the interrelationships between the formation of the gap between the external (financial market) and internal (balance sheet) value of companies' shares and the value of their intangible assets. The publication supports the assumption that the identified gap between the market capitalisation and shareholder's equity of an individual company represents the undisclosed part of intangible assets that is not available in the company's official statements. This gap includes such components as reputation, trust and loyalty of customers and investors, brand strength, etc. Given the dynamic development of the international business sphere, the critical importance of flexibility, speed of decision-making, and the need for investors to obtain the most up-to-date information about the company's potential, including the value of its intangible assets, the proposed approach can serve as an effective decision-making tool and an alternative means of determining the real value of a company's intangible assets.

MODERN FEATURES OF INTERNATIONAL ECONOMIC HUMAN RIGHTS IN THE CONTEXT OF MILITARY AGGRESSION

Raisa Minchenko — 2024-09-20

The subject of the study is modern features of international economic human rights in the context of military aggression. Methodology. The methodological basis of the research is the methods of induction and deduction, the dialectical-materialistic method, the method of analysis and synthesis, the historical method, which made it possible to objectively understand the content and essence of the studied issues. The aim of the purpose of the work is to identify the origin, give the necessary classification of international economic rights and demonstrate, using the example of Ukraine, the mechanisms of their guarantee and protection in the conditions of military aggression. The results of the study have shown that in modern conditions of military aggression, there is an effective mechanism for ensuring economic human rights, which in particular is provided by means of "hard" and "soft" international law. Conclusion. Economic rights are closely related not only to social rights, but also to human rights belonging to other categories, which, in particular, allows us to conclude that it is impossible to unambiguously assign existing rights to only one of the internationally recognized groups and makes it meaningless to classify human rights according to this criterion (sphere of life). Summing up the analysis of the role of acts of "soft" international law in regulating cooperation between States to prevent and overcome financial and economic crises during war and full-scale military aggression, which directly affect the economic rights of citizens, it should be noted that such acts, first of all, contribute to the formation of a uniform conceptual apparatus in the field under consideration, partially entrenched in legally binding documents. In addition, advisory acts, as the basis for regulating relations to prevent and overcome financial and economic crises caused by military aggression and affecting the economic rights of citizens, are presented to a greater extent at the universal level, where contractual agreement of the will is not always achievable due to the difference in the economic interests of States. Given the general recognition, time of existence and practical applicability of the provisions of certain advisory acts on maintaining financial and economic stability, it makes sense to raise the question of considering them as international customs, sources of international law that contribute to maintaining guarantees of economic human rights in conditions of military aggression.

MODELLING GROWTH STRATEGIES OF TRANSPORT ENTERPRISES IN THE CONDITIONS OF CONTEXT UNCERTAINTY

Olena Palyvoda — 2024-09-20

Modern military conditions and tasks of post-war reconstruction require the development of effective strategies for the activity of transport enterprises of Ukraine to ensure the continuity of supplies of military and humanitarian goods. The purpose of the research was to create a model for the selection of optimal strategies for the development of transport enterprises of Ukraine in the conditions of uncertainty caused by the simultaneous influence of military aggression and the deepening of transport integration of Ukraine with the EU. The Saaty's method was selected for the study, which is based on the construction of fuzzy functions and is the most relevant in the context of the influence of a significant number of unstable exogenous and endogenous factors on the functioning of enterprises. In consideration of the evolving landscape of transportation in the European Union and Ukraine, the authors have distilled the overarching objectives of sustainable transportation development (economic, social, and environmental) into eighteen sub-objectives pertaining to the advancement of enterprises. These objectives are then subjected to expert evaluation. The article presents the findings of this expert ranking exercise, delineating the priorities for transportation enterprises in Ukraine across two distinct periods: the current state of martial law and the subsequent phase of post-war reconstruction. The authors have built a model for selecting optimal strategies for the development of a transport enterprise on the basis of a multi-level hierarchy of priority growth goals in two periods. As strategic alternatives, the authors have chosen the "strategy of limited growth"; "strategy of concentrated growth"; "strategy of diversified growth"; "strategy of integrated growth"; and "combined strategy". The paper determines that the appropriate growth strategies for transport enterprises during the period of martial law would be: a strategy of limited growth (rank 1.827) and a combined strategy (rank 2.0980). In the period of post-war reconstruction, the following growth strategies will be appropriate for implementation: concentrated growth (rank 3.0151) and integrated growth (rank 2.6783). The publication proposes a set of possible options for practical management actions in various functional areas of the transport enterprise (financial, organisational, marketing, social, technological, environmental) in accordance with the defined development strategies under martial law and post-war reconstruction. The practical application of the methodological approach to strategic management of transport enterprises in the context of economic uncertainty developed in the article will help to preserve domestic transport companies in the conditions of war and increase their competitiveness in the post-war period. The comprehensive implementation of the identified strategies will contribute to the development of innovative technologies, as well as European social and environmental transport standards in Ukraine.

”TAX FREE” IN CUSTOMS LAW: INTERNATIONAL LEGAL EXPERIENCE AND ECONOMIC CONSEQUENCES

Valeriy Patskan — 2024-09-20

Relevance. Global processes of internationalisation of the world economy lead to increased interdependence of national economies and convergence of mechanisms and instruments used to achieve various economic goals. These goals include sustainable and uniform economic growth, increased employment, stabilisation of monetary circulation and exchange rates, improvement of the welfare and quality of life of citizens, intensification of Ukraine's participation in international integration processes, strengthening cooperation with foreign strategic partners, attraction of foreign investments into Ukraine’s economy, and ensuring national security in the context of military aggression. Therefore, this study focuses on the analysis of international experience of using the concept of "Tax Free" in customs law. The article analyses the functioning of duty-free and tax-free zones in Ukraine, compares them with other countries of the world, and studies the impact of these processes on international security and economic growth. The purpose of the study is to analyse the international experience of "Tax Free" regulation in customs law and its impact on the economic situation in the country. The research methodology includes such methods as comparative analysis, forecasting methods, logical methods and the case study method. Conclusions. The paper examines various aspects of their activities, differences in status depending on the location, and regulation through a number of documents. The authors consider the problems faced by such stores in the international travel retail system, security and sanctions issues, their impact on the economy, and propose specific ways to solve them. The article also analyses the effectiveness of "Tax Free" programmes and their impact on the economy and international trade. Particular attention is paid to the aspects of security, national and environmental safety, as well as sanctions and international legal liability. The analysis of international experience in the use of "Tax Free" in customs law shows that this tool has significant potential to stimulate international trade and economic development. The "Tax Free" programmes in different countries help to attract foreign tourists, stimulate exports of goods, and increase consumer spending. However, there are also certain problems associated with the use of "Tax Free", such as loss of revenue for the budget and the potential for abuse of the system. Solving these problems requires careful analysis and implementation of effective control and regulation measures.

DEBT POLICY OF UKRAINE IN THE CONDITIONS OF MODERNIZATION OF PUBLIC FINANCES

Serhii Petrukha — 2024-09-20

Since the full-scale invasion of Russian Federation, public finances (PF) have been operating under conditions of uncertainty and unprecedented security challenges, akin to those experienced by the entire economic system. The level of uncertainty is such that it overshadows the current financial crises and parity with the consequences of the Second World War. This became the core objective of the study, which consisted of substantiating conceptual approaches to the formation of debt policy, considering the peculiarities of the projection of martial law on the functioning of PF. The research employs a systematic approach to methodology, integrating methods of factual and situational analysis that are grounded in international standards for public debt assessment and theoretical generalisations. Furthermore, through a comparative analysis, the interrelationships and mutual influences between debt policy and budget strategy are monitored. Furthermore, the study assesses the potential of leveraging the frozen Russian assets to support Ukraine's post-war recovery through the PF system. The study revealed that the debt policy is an integral component of the PF system. Unlike other program documents, it demonstrated resilience to both endogenous and exogenous challenges and the capacity to implement corrective measures during economic crises. This has laid the foundation for a Marshall Plan-like strategy for Ukraine. The PF strategy, which was approved just before the outbreak of the Russian-Ukrainian conflict, prompted discussions on enhancing the predictability of budgetary policy and debt sustainability. This, together with the adoption of a medium-term public debt management strategy, became the basis for the actual establishment of the Debt Agency as a legal entity, which in the future will ensure, on the one hand, the privileging of grants among the financial mechanisms for covering the budget deficit, and, on the other hand, an additional level of budgetary strategy for generating a multiplier effect from the borrowed funds for post-war reconstruction. On the other hand, this approach will create conditions for the transition from external sources of financing the budget deficit to internal ones by expanding and diversifying the range of investors in government securities. It is proved that debt policy in both the short and medium term will serve as the basis for the implementation of the budgetary strategy of post-war reconstruction, and will create conditions for accelerating the process of forced reparations to compensate for the damage caused by the Russian Federation.

EFFICIENCY OF MONETARY POLICY IMPLEMENTATION AS A BASIS FOR CENTRAL BANK STABILISATION POLICY UNDER MARTIAL LAW (UKRAINIAN AND ISRAELI PRACTICES)

Maryna Posmitna — 2024-09-20

The purpose of the paper is to summarise and present the anti-crisis practices of a central bank during martial law in the country, based on the experience of the National Bank of Ukraine and the Bank of Israel. The research methodology is based on an analysis of reports, guidelines, statistical data, scientific articles, legislation bases, and other relevant materials. One of the methodological aspects of this study is a comparison of the knowledge acquired about the regulations implemented by the two central banks after the introduction of martial law in the countries. The objective is to identify potential lessons learned for the banking regulations of Ukraine and the State of Israel. The results of the study show that the practical implementation of stabilisation measures by central banks is crucial for achieving financial stability of the state both during and after wartime, as well as the ability to predict possible deepening of crises and minimise their consequences. The tools and methods used by these central banks differ. In particular, the NBU's main monetary policy instrument was foreign exchange interventions, while the BoI actively used the key policy rate. The proper formation of international currency reserves and the possibility of using them during a war-related crisis is critical for both countries. This fact confirms that crisis management has different types of scenarios. Each anti-crisis scenario is unique. This paper highlights the practical need for interaction between monetary and macroprudential policies of the central bank in wartime. It demonstrates various combinations of methods and instruments of the central bank's monetary policy. This study also shows the interdependence of the economies of these two countries. Practical implementation. This analysis provides insight into the anti-crisis activities of central banks during unpredictable periods in a country's life, namely, during martial law. At the present stage, banking systems do not often face the challenges of war. Therefore, studying each case is important for improving theoretical knowledge and deepening practical research. Value / Originality. The author of the study collected the experience and practices of stabilisation activities of the central banks of Ukraine and Israel during the war.

DIGITALISATION AS A MARKETING MANAGEMENT TOOL IN THE TOURISM INDUSTRY

Yuriy Safonov — 2024-09-20

This article explores the concept of digitalisation and its impact on marketing management in the tourism industry. The study examines the evolution of digitalisation from its origins in the 1960s and 1970s to its current role in the economy, with a particular focus on the tourism sector. Objective of the research. The aim is to explain the multifaceted nature of digitalisation and highlight its importance as a transformative force in the tourism industry. The study aims to demonstrate how digitalisation fosters innovation, increases operational efficiency and creates personalised and interactive experiences for consumers. It seeks to provide a clear understanding of how digital tools and technologies can be strategically integrated into marketing practices to improve business results and customer satisfaction. Research methodology. The study employs a comprehensive literature review, in which the various definitions and interpretations of digitalisation proposed by renowned scholars are subjected to analysis. Furthermore, case studies and practical applications of digital technologies, including Big Data, blockchain, artificial intelligence, mobile applications, virtualisation technologies, and the Internet of Things (IoT) in the tourism industry, are also considered. A comparative analysis is applied to identify the most informative and widely recognised definitions of digitalisation, with particular emphasis on the definition proposed by Laudon and Laudon (2019) due to its clarity and comprehensiveness. Research results. The findings indicate that digitalisation is a critical catalyst for rewriting the travel narrative for consumers, transforming destinations into dynamic, interactive, and responsive ecosystems. The incorporation of digital technologies within the tourism sector not only optimises operational efficiency but also markedly enhances the customer experience. The implementation of personalised marketing, the utilisation of AI-based customer service tools and the application of predictive analytics have been identified as key benefits. However, the study also identifies challenges associated with data privacy, integration with existing systems, and the necessity for continuous adaptation and improvement of CRM strategies to align with evolving customer expectations. Practical implications. Digitalisation opens up significant opportunities for the tourism industry to innovate and maintain competitive advantage in a rapidly changing market environment.

ACTIVITIES OF NON-STATE MILITARY INSTITUTIONS: ECONOMIC ASPECT

Hryhorii Sytnyk — 2024-09-20

The subject of the study is the economic aspect of the activities of non-state military institutions (private military companies), in particular, the increased demand for the services provided by them, and the state regulation of their activities by national legislation of leading foreign countries and international acts. The methodological basis of the study is modern general scientific methods (systemic and structural, formal and logical, analysis and synthesis, induction and deduction, generalisation, comparative); special methods (historical and legal). The purpose of the study is to analyse the economic aspect of non-state military institutions, based on the analysis of scientific works, experience of leading foreign countries and international practice, as well as the analysis of domestic draft laws on legalisation of military consulting activities in Ukraine. In the course of the study, the authors analysed the works of scholars who have studied various aspects of private military campaigns (legal, economic, security) and their regulation in foreign countries, as well as international legal norms on the regulation of the activities under study. In addition, the authors critically analysed domestic draft laws on legalisation, state regulation and supervision (control) over the activities of non-state military institutions in Ukraine. As a result of the study, it was established that the emergence of draft laws on the legalisation of the activities of non-state military institutions, their state regulation and supervision in Ukraine, on the one hand, is due to the aggression of the Russian Federation against Ukraine, which began in 2014. On the other hand, the economic consequences of privatisation in many industries and the need to compare the costs of the state's functions, including security, with the benefits received. Under such conditions, the business environment has demanded the introduction of a promising business activity and business sector – military consulting. Recently, this demand has been reinforced by the availability of a significant number of highly professional military specialists with experience and willingness to participate in relevant operations, including abroad. It is also understood that the demand for the services of non-state military institutions and the possibility of starting such activities in foreign countries where they are legalised will lead to an outflow of qualified specialists for employment abroad, and a loss of human resources and state budget revenues in the form of taxes paid by military consulting entities. At the same time, the existence of such entities in the country will help to improve the level of training of military personnel in the context of Russia's large-scale armed aggression against Ukraine by attracting specialists with relevant experience and willingness to engage in this type of business activity. In the post-war period, the existence of this type of legal activity will solve the problem of employment of former military personnel who wish to continue to work officially in the military and receive decent wages, and thus reduce social tensions in the economic sector.

ECONOMIC CRIME IN THE FIELD OF REAL ESTATE

Oleksandr Tarasenko — 2024-09-20

The scientific article is devoted to a comprehensive study of criminal law issues of economic crime in the field of real estate. The research paper examines a range of theoretical and practical issues of economic crime prevention and substantiates a number of provisions and conclusions that are new in conceptual terms and are important for legal science and law enforcement practice. The article proves that each state has a system of measures that protect each individual and society as a whole from offenders and restore justice. Insufficient research into the problems of economic crime and the validity of measures to prevent it has an extremely negative impact on the economic sphere of the state. The urgency of the problem is also growing due to the long-overdue need to improve the legal acts regulating the prevention of economic crime. A study of the state and trends of economic crimes has shown a sharp increase in their number under martial law, especially serious crimes. The article establishes that a significant part of economic crime is latent crime, the main reasons for which are the reluctance of the victims (mostly due to circumstances beyond their control) and, in most cases, the inability to report a crime committed against them, mainly in the temporarily occupied territories of Ukraine. The authors studies and characterises two main levels of prevention of economic crime: general social and special criminological.

ASPECTS OF SCIENTIFIC RESEARCH IN UNIVERSAL ENVIRONMENTAL TREATIES: LEGAL AND ECONOMIC ANALYSIS

Yana Tytska — 2024-09-20

The article emphasises that aspects of international legal cooperation in the field of scientific research have not yet been the subject of a systematic, comprehensive scientific study either in the context of international law doctrine or in relevant publications. The subject of the study is the legal regulation of scientific research in universal international environmental treaties, with the aim of identifying the specific features of such international legal mechanisms. The paper examines the challenges and paradoxes faced by international environmental law in regulating scientific research as a process, as well as in balancing scientific research with the practical needs for appropriate resources. The research uses hermeneutical, prognostic, comparative and systemic analysis of relevant international treaties as components of the modern system of international law. It applies a complex set of methods, including analysis and synthesis, structural and formal-legal methods, as well as scientific deduction and induction approaches. The combination of these methods provides a thorough examination of how international environmental treaties regulate scientific research. The methodology includes a hermeneutic approach to interpret the language and provisions of various environmental treaties, a predictive approach to forecast potential developments and the outcomes of current regulation, a comparative analysis to identify similarities and differences between different treaties, and a systems analysis to understand how these treaties fit into the broader system of international law. Taken together, these methods provide a reliable basis for assessing the current state and future directions of international legal cooperation in environmental research. The main objective of the article is to reveal the unique characteristics and complexities inherent in the international legal mechanisms governing scientific research under environmental treaties. It aims to highlight the current challenges and paradoxes faced by international environmental law in this context. These include the need to address global environmental problems with often limited and unreliable scientific data, the need to respect and encourage scientific research, and the imperative to balance the search for scientific knowledge with the practical needs of natural resources. The results of the study show that environmental conventions reflect several important challenges. One of the main challenges is to address global environmental issues in the face of a lack of reliable scientific information, while respecting scientific research and its results. Another crucial challenge is to maintain a balance between promoting scientific research and meeting the practical resource needs of humanity. The author posits that international environmental law sources represent an enduring endeavour to achieve equilibrium in the formation of convention bodies. This equilibrium strives to reconcile the sovereign interests of participating states with the necessity of maintaining a high level of expertise within relevant commissions and committees. In conclusion, the paper emphasises the necessity for the continuous development and refinement of legal regulation pertaining to scientific research within the field of international environmental law. This is in order to effectively address the dynamic and complex interplay between scientific advancement and environmental sustainability.

CURRENT ISSUES OF ECONOMIC CRIME PREVENTION IN THE CONTEXT OF MARTIAL LAW IN UKRAINE

Mykola Tyshlek — 2024-09-20

The research is devoted to the study of topical issues of economic crime prevention under martial law in Ukraine. The paper presents a systematic analysis of the state of research on topical issues of economic crime prevention and its methodological tools. The insufficient level of research into the problems of economic crime prevention and the validity of preventive measures has an extremely negative impact on society, especially in the difficult times of martial law in Ukraine. The urgency of the problem is also growing due to the long-overdue need to improve the legal acts regulating the prevention of economic crime. An analysis of the functioning of state bodies in recent years has shown that the defined national security and defence strategy does not fully ensure the compliance of Ukraine's security sector in a scientifically sound and practical sense. A study of the state and trends of economic crime has shown a sharp increase in the number of this type of criminal offence, especially fraud, under martial law. It is also established that a significant part of economic crime in Ukraine is latent crime, the main reasons for which are the reluctance of the victims (mostly due to circumstances beyond their control), and in most cases the inability to report the offence committed against them, mainly in the temporarily occupied territories of Ukraine.

ENSURING ECONOMIC SECURITY: COMPARISON OF EU MEMBER STATES AND UKRAINE

Volodymyr Tokar — 2024-09-20

The purpose of this paper is to conduct a comprehensive study of economic security in the EU Member States and Ukraine, to identify differences and to propose targeted policy interventions based on these differences. Methodology. The study uses a quantitative strategy that assigns numerical ratings to countries based on their performance against predefined thresholds for various economic security indicators. These indicators include industrial security, demographic security, energy security, foreign trade security, investment and innovation security, macroeconomic security, food security, social security and financial security. The study uses data from a variety of sources and applies a ranking system to reflect the level of economic security in each category. Results. The analysis revealed significant differences in the levels of economic security between EU Member States and Ukraine. The main findings include differences in agricultural efficiency, healthcare system efficiency, renewable energy consumption, trade balance, research and development expenditure, and socio-economic factors. For example, countries such as Belgium and Ireland have high yields, while Cyprus and Romania have much lower yields. Life expectancy and the quality of healthcare also vary: Spain and Sweden lead the way, while Bulgaria and Ukraine lag behind. Practical implications. The findings suggest the need for targeted policies and technological advances to improve economic security. For the younger generation, marketing strategies based on brand equity and exclusivity can continue even during economic downturns. For the older generation, strategies that focus on value for money or lower prices may be more effective. Understanding these metrics can help businesses align their strategies with national economic priorities and identify potential areas for investment and growth. Value / Оriginality. This study contributes to the existing literature by providing a detailed comparative analysis of economic security in the EU Member States and Ukraine, filling a gap in the understanding of the multifaceted aspects of economic security in these regions.

ANALYSIS OF INVESTMENT ACTIVITIES IN THE AGRICULTURAL SECTOR OF UKRAINE: DETERMINATION OF FACTORS AND WAYS OF ITS ACTIVATION

Inna Tomashuk — 2024-09-20

The purpose of the article is to study the theoretical aspects of investment activity, analyse the current level of investment activity in the agricultural sector of Ukraine's economy and identify factors and methods of its increase. Methodology. The theoretical and methodological basis of the study is the fundamental principles of national economic management, investment activity and development of agricultural production entities. The research used the following scientific methods: axiomatic (to establish basic definitions that clarify the essence of the study), systematic (to identify components within the agricultural production sector), institutional (to construct the subject-object framework of the institutional environment for investment activity in agricultural production), correlation-regression analysis (to identify key predictors influencing investment activity in the agricultural sector), abstraction (to prioritise the stimulation of investment activity in agricultural production), and reproductive (to substantiate alternative strategies for attracting investment in agricultural enterprises). The results of the study show that diversification of investment sources and modernisation of technological infrastructure of agricultural production are important prerequisites for institutional reforms in the agricultural sector of the country. Increasing investment activity in agricultural enterprises can be achieved by creating a favourable investment climate. This includes government initiatives to create a transparent and stable regulatory framework, simplify bureaucratic processes, and ensure legal and financial stability. Another key aspect is to facilitate access to financial instruments such as low-interest loans, grants and subsidies to support the development of agricultural enterprises. The results of the study are presented in the form of tables, figures, graphs, diagrams and charts. Practical implications. Given the high level of integration of the domestic agricultural sector into the global food market, it is worth exploring the potential of using customs instruments to stimulate investment processes. Such instruments could include a zero VAT rate for investment agricultural goods and measures to prevent double taxation. Value / Оriginality. Investment activity in Ukraine can be intensified under the following conditions: ensuring financing for innovations; developing and implementing a system of measures to increase the investment activity of commercial banks; promoting the development of the stock market and venture capital; developing investment infrastructure; borrowing the best international experience in assessing the efficiency of business centres and business incubators; forming an investment and innovation culture in society, etc.

INNOVATIVE TOOLS IN THE ACTIVITIES OF PSYCHOLOGICAL SERVICE SPECIALISTS

Оlha Flyarkovska — 2024-09-20

The article examines the issue of improving psychological services in the educational system of Ukraine. The psychological service is defined as a necessary component of the educational system which ensures the development of the personal, intellectual and professional potential of the society. The basic principles of the work of the psychological service of the educational system of Ukraine are considered. According to the results of the analysis of this work, attention is drawn to the fact that specialists of the psychological service should pay more attention to practical work with students during their working hours, and not to filling in documentation. Methodology. The study used theoretical and empirical research methods, in particular, theoretical analysis and generalisation of psychological practice; design of theoretical approaches and organisational and methodological conditions for improving the practical activities of psychological service specialists; questionnaires; study of methodological and reporting documentation; methods of statistical processing of experimental data. The purpose of the article is to analyse the effectiveness of the introduction of a unified electronic reporting system for psychological service specialists in the Ukrainian education system. Results. The paper presents the findings of a survey of psychological service specialists on the aforementioned issues. Furthermore, the publication provides evidence to support the necessity of implementing a unified electronic reporting system for the activities of psychological service specialists. The article examines the principal methods of methodological assistance for psychological service personnel, which facilitate the development of professional competencies, the exchange of experience, the theoretical and practical training of practical psychologists and social educators. The work highlights the importance of information and communication technologies (ICT) in ensuring the effective operation of the psychological service within the Ukrainian education system. Conclusion. The authors put forth a series of recommendations aimed at enhancing the system of psychological services through the implementation of a unified electronic reporting system. This system is distinguished by its multifunctionality. The efficacy of a unified electronic database for psychological service professionals has been demonstrated to enhance and expedite the process of data aggregation and analysis, thereby ensuring the prompt availability of diverse information for the purpose of effective managerial operations and the formulation of superior strategic decisions pertaining to human capital.

COMPARATIVE ANALYSIS OF SMART ECONOMY DEVELOPMENT IN SELECTED COUNTRIES OF SOUTHEAST ASIA

Liudmyla Tsymbal — 2024-09-20

Research subject. The development of the global economy indicates the formation of a new trend in the formation of the smart economy, which currently covers both developed and developing countries. According to the analysis, developed countries are leaders in economic development precisely because of the development of technologies that are the basis for the formation of the smart economy and the smart intellectualisation of economic activity. The smart economy in Asia is actively developing due to the intensive introduction of the latest technologies, innovative management approaches, and increased resource efficiency. Asian countries such as China, Japan, South Korea, Singapore, and India are leaders in the development of the smart economy. At the same time, Asian countries have been demonstrating one of the highest rates of economic development since the beginning of the XXI century, which is primarily due to the active technologisation of production and the spread of communication technologies in all areas of economic activity. Several technology centres are emerging in Asia, concentrating technology companies and creating a favourable environment for the development of the smart economy. Methodology. The article conducts a comparative analysis of the factors contributing to the development of the smart economy in individual Asian countries, identifies the most influential factors and the degree of their impact on each country. The purpose of this study is to identify the factors influencing the development of the smart economy and compare their impact in the economies of China, India and Singapore. To achieve this goal, the following research objectives are envisaged: to identify factors that have a significant impact on the development of the smart economy in different countries; to assess the impact of individual factors on the development of the smart economy in China, India and Singapore; to compare the impact of individual factors of the smart economy on the economies of these countries; and to assess the models of smart economy development in China, India and Singapore. Conclusion. The smart economy in Asia is characterised by unique features that reflect the cultural, technological and economic conditions of the region. The key features of the Asian smart economy include a high level of digitisation and technological integration, active development of smart cities, financial technologies (FinTech), a focus on automation and robotics, innovation hubs and support for start-ups, environmental sustainability and green energy, and the digitalisation of governance and public services. Asian countries are also distinguished by the integration of smart technologies into the everyday life of citizens and the support of innovation ecosystems at the state level.

VIRTUAL ASSETS IN THE DIGITALIZATION ERA: ECONOMIC AND PRIVATE LEGAL ASPECTS

Vadym Tsiura — 2024-09-20

Virtual assets have become an integral part of the modern digital economy. Their development and proliferation create new opportunities and challenges for economic and legal systems. At the same time, their proliferation raises several economic and legal issues that require urgent resolution. These include ensuring the security of transactions, protecting the rights of owners of virtual assets, developing effective regulatory mechanisms and addressing financial market risks. Addressing these issues is essential to ensure the stable and sustainable development of the digital economy and to adapt legal systems to the new realities. The research subject focuses on virtual assets in the modern digital economy, covering their development, proliferation and the resulting economic and legal implications. The study looks at different types of virtual assets, including cryptocurrencies, tokens, central bank digital currencies (CBDCs), and virtual goods and services. It aims to understand the economic benefits, such as transaction efficiency, financial inclusion and investment opportunities, as well as the risks and challenges, such as high volatility, regulatory complexity and security concerns. The primary purpose of this study is to provide a comprehensive analysis of virtual assets in the context of digitalisation, in particular from the economic and legal perspectives. This involves studying the impact of virtual assets on the modern economy and legal systems and identifying the necessary adjustments to ensure their stable and sustainable development. The methodology of this study includes doctrinal analysis, comparative methods and legal policy analysis. Doctrinal research involves the systematic study of existing laws, regulations and legal principles relating to virtual assets. The comparative method is used to analyse and compare different regulatory approaches in different jurisdictions, identifying best practices and potential pitfalls. Legal policy analysis helps to assess the effectiveness of current policies and propose new regulatory mechanisms to better regulate virtual assets. Using these methods, the study provides a thorough understanding of both the economic benefits and the legal intricacies associated with virtual assets. The paper analyses different types of virtual assets, including cryptocurrencies, tokens, central bank digital currencies (CBDCs), and virtual goods and services. It examines the economic benefits of using virtual assets, such as fast and low-cost transactions, financial inclusivity and investment opportunities, as well as the risks, including high volatility, regulatory challenges and security concerns. The legal aspect of the study includes an analysis of different approaches to the regulation of virtual assets in different countries, property rights and taxation issues. The study also assesses the prospects for the development of this sector and its impact on traditional financial systems. The study concludes that virtual assets play a key role in today's digital economy, offering significant benefits such as fast and cost-effective transactions, increased financial inclusion and new investment opportunities. However, these benefits are accompanied by significant risks, including high market volatility, regulatory hurdles and security issues. The legal analysis reveals a variety of regulatory approaches to virtual assets, highlighting the need to harmonise international standards to protect property rights and ensure fair taxation. The research highlights the importance of developing a robust legal and regulatory framework to manage the risks associated with virtual assets, while fostering their potential to revolutionise the financial sector. It suggests that policymakers and regulators should focus on creating adaptable legal systems that can keep pace with technological advances. By addressing these challenges, the digital economy can achieve stable and sustainable growth and ensure that both economic and legal systems are well equipped to deal with the evolving landscape of virtual assets.

PREVENTION OF WAR AND ECONOMIC CRIMES UNDER MARTIAL LAW IN UKRAINE

Dmytro Shvets — 2024-09-20

The objective of this study is to elucidate the challenges inherent in the prevention of military-economic crime under martial law in Ukraine. In the light of the study's findings, the authors proceed to analyse the measures to prevent military-economic crimes under martial law in Ukraine. This analysis enables the identification and detailed characterisation of three principal levels: general social, special criminological and individual preventive. In the context of studying the general social prevention of military-economic crime, it has been demonstrated that the formation of patriotism among servicemen of the Armed Forces of Ukraine and other military formations is unfeasible without the implementation of an appropriate set of state and social measures aimed at fostering the consciousness and behaviour of the individual in anticipation of their future role as a serviceman. These measures must be designed to cultivate a range of qualities, including civil, socio-psychological, moral, physical, military professional and volitional qualities, in order to ensure the fulfilment of both the constitutional duty of Ukrainian citizens to protect the Motherland and the effective execution of combat missions in any circumstances. Within the framework of special criminological prevention of military-economic crime, the study substantiates and proves the need to create mental health units at the level of divisions and brigades, which should be headed by psychiatrists and include mental health officers (licensed psychologists and/or social workers with specialised education who have at least one year of experience in relevant medical institutions). The article establishes that the main purpose of individual prevention of military-economic crime is a positive correction of a serviceman's personality aimed at changing his behaviour from anti-social to law-abiding, and therefore the main measures of individual prevention of military-economic crime in the Armed Forces of Ukraine and other military formations should be the following: identification of sources of negative influence that contribute to the commission of military economic criminal offences; examination of the personality of typical offenders; forecasting the individual behaviour of persons prone to commit military economic criminal offences; planning individual preventive measures for identified persons; implementation of appropriate corrective influence on the personality of a typical offender aimed at avoiding the commission of military economic criminal offences; control over the behaviour of typical offenders.

STATE, STRUCTURE AND DYNAMICS OF ECONOMIC CRIME IN THE PENITENTIARY SPHERE OF UKRAINE

Oleh Shkuta — 2024-09-20

The article is devoted to a comprehensive study of the status, structure and dynamics of economic crime in the penitentiary system of Ukraine. The study revealed that this type of crime is most often committed in medium-security penitentiaries (52.5%), pre-trial detention centres (30.0%) and correctional centres (10.3%). The study of the dynamics of crime in the penitentiary sphere showed that it fluctuates and has remained relatively stable over the past five years. The study of the causes and conditions of criminal behaviour in the penitentiary system showed that they can be divided into subjective (internal) and objective (external). Based on this, the authors have identified three main internal features related to the issue of determining criminal behaviour: criminogenic motivation, antisocial attitudes in a person's mind and a certain life situation. The authors argue that the main reason for committing criminal offences by the administration and staff of penal institutions of the SPS of Ukraine is the thirst for illegal profit, the development of which is influenced by various factors of both external and internal nature. A special role in this criminal process is played by the professional deformation of the administration and staff of penal institutions. The main reasons for latent crime in the penitentiary sphere are: the secrecy of penitentiary institutions from society; the presence of professional and organised crime in the penitentiary sphere; low legal awareness of prisoners; lack of proper material and technical support; and the reluctance of prisoners themselves to report facts of criminal offences they know.