Tourism development is uneven, which is related to the level of socio-economic development of territories, peculiarities of historical and cultural processes, resource provision, etc., which determines the need to study the structure of the tourist market based on spatial polarization based on statistical methods. The study aims to identify disparities in tourism development in Ukraine's regions and to group them according to indicators that characterize tourism's development level. To solve the problem, the authors used a modified cluster analysis method. The article presents the author's approach, which, unlike the existing ones, allows taking into account clarifying weighting factors and corrective penalty functions for each indicator to minimize probabilistic influences when determining the distance between objects. The uneven development of the tourism sector in the regions of Ukraine was revealed. As a result, six clusters were distinguished based on indicators of tourism development in the regions of Ukraine as of 2020, and the peculiarities within each cluster were found. State authorities can use the research results to ensure the comprehensive development of territories by forming effective regional tourism strategies and promoting the development of the most promising tourism destinations and products.
1 December 2023 in Management and Entrepreneurship in Ukraine: the stages of formation and problems of development
This article examines the investment tools within the renewable energy sector in Ukraine. As the world struggles with climate change, the transition to sustainable energy sources has become a global goal. Ukraine, in its pursuit of a greener and more environmentally responsible future, has seen the growth of its renewable energy sector. However, this growth has met challenges, demand-ing the development of strategic solutions. Companies operating in the renewable energy market are now increasingly aware of their social mission in contributing to the achievement of sustainable development goals. The transformation of the energy landscape reveals the necessity of collabora-tion between various stakeholders, including governments, local authorities, banks, investment funds, and households, whose role is critical in financing renewable energy projects. As financial markets evolve and concepts of ownership adapt to the changing landscape, a need to create inno-vative investment instruments tailored to the unique demands of the renewable energy sector emerges. This enables participants in the financing process to access a wide array of investment op-tions. Among these options, "green bonds" have become a particularly effective instrument for fi-nancing renewable energy projects. The study discussed in the article highlights the numerous ad-vantages associated with “green bonds”. These advantages include legislative provisions ensuring the targeted utilization of funds raised through green bonds and their high liquidity in developed fi-nancial markets. However, for the widespread implementation of “green bonds” in financing re-newable energy projects in Ukraine, a series of legislative and organizational improvements is cru-cial. These improvements should encompass both changes in legislation and the development of the domestic financial market. Overcoming these barriers is essential for bringing Ukraine closer to the successful achievement of its sustainable development goals. This transition to sustainable ener-gy not only contributes to the global climate change mitigation but also positions Ukraine as a re-sponsible and forward-thinking player in the international effort to create a more sustainable and environmentally conscious future.
This study analyzes the influence of remittances on the exchange rate and consumption, applying the Granger test and ARDL/ECM models to investigate different aspects of such impact. Using the Granger test, we tested causalities between remittance inflows, exchange rate, consumption, export, and import. The Granger test showed causal relations between remittances and all other listed variables. We also found that remittances contributed to the exchange rate appreciation in the short and long-term perspectives by applying ARDL/ECM models. Additionally, the ARDL/ECM models showed that the exchange rate was significantly defined by its lagged values.
30 December 2021 in Knowledge and Performance Management
The new system of educational programs’ accreditation and the establishment of the National Agency for Higher Education Quality Assurance (NAQA) as an independent regulator has led to the demand for professional experts who can evaluate the educational programs of universities at a qualitatively new level. The paper aims to analyze the formation of the expert environment in Ukraine by conducting numerous training in various formats, as well as to assess the relationship between training and the quality of accreditation visits. The correlation analysis was used to substantiate the conclusions. Based on a quantitative and qualitative analysis of the experience of training experts in the accreditation of study programs in Ukrainian higher education institutions, the results of a pro-active approach by the NAQA in 2019–2021 were presented. It is shown that the accreditation system has been working without red tape, the taint of corruption, using transparency mechanisms, and expert advice since the end of 2019. The accreditation format according to the ESG-2015 standards made it possible to form an expert environment in Ukraine in a short time and encourage changes in higher education. Despite many pieces of training and consultations, many experts and representatives of the Sectoral Expert Council (SEC), evaluating study programs, still provide criticism, prejudice, and not advice and assistance. To minimize such negative practices, NAQA regularly conducts online webinars, briefings for expert groups and heads of study programs, and rotates experts and members of the SEC.