Sergii P. Stetsenko, Viktoriya V. Tytok, Olena M. Emelianova, Olha Yu. Bielienkova and Tetiana Yu.Tsyfra

DOI: https://doi.org/10.6000/1929-7092.2020.09.15

Published: 21 Febraury 2020

Abstract: Motivation: We note significant problems of developing countries, including Ukraine, with the adaptation of organizational and economic mechanisms of the construction industry to increase impact of digital technologies on their economic systems and construction sectors.

Novelty: The scientific novelty is a set of management activities for the adaptation of organizational and economic mechanisms of Ukrainian construction companies to the development of digital technologies.

Methodology and Methods: The research methods used in this study are a quantitative analysis of statistics on the dynamics of world GDP, the global construction industry, the construction industries of developing countries, including Ukraine, the global digital market, digital markets in developing countries, including Ukraine, for ten years using one-dimensional statistical methods (UT) based on random sampling. The paper also uses the correlation and regression analysis, namely the linear regression model, as well as the statistical verification of the obtained model by calculating the pair correlation coefficient, the coefficient of determination and the Chaddock scale in the study of the impact of digital technology development on the Ukrainian construction industry.

Data and Empirical Analysis: To conduct the study, data were collected and an empirical analysis was conducted regarding the dynamics of world GDP, the world construction industry, the construction industries of developing countries, including Ukraine, the global digital market, digital markets in developing countries, including Ukraine, in 2009-2018 according to statistics from Knoema, The World Bank, Deloitte, State Statistics Service of Ukraine, UNCTAD, International Data Corporation, Gartner.

Policy Considerations: The economy of the country and the construction sector requires development and implementation of a set of management activities to adapt organizational and economic mechanisms of construction in Ukraine to development of digital technologies.

Keywords: Construction, developing countries, organizational and economic mechanisms, digital technology.

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Maxim V. Khatser and Yuliia A. Perehuda

DOI: https://doi.org/10.6000/1929-7092.2020.09.16

Published: 02 March 2020

Abstract: Motivation: The research has noted great problems of post-Soviet Eastern European countries related to resilience securing of national economic systems, where the defining role belongs to financial crises at the micro-level caused by problems in the development and implementation of financial crisis management. The objective of this research is to study the problems of ensuring the operational efficiency of economic entities in Eastern Europe and to develop a set of measures to increase this efficiency.

Novelty: The scientific novelty of the article is a developed set of ways to increase the performance of financial crisis management at the enterprises of post-Soviet Eastern European countries.

Methodology and Methods: The methods of data study used in this research represent the quantitative analysis of statistic data. The research has also used the forecasting method of time series, which has suggested using regression functions to forecast future values based on data observed earlier.

Data and Empirical Analysis: To conduct the research, data on four Eastern European countries, which were a part of the Soviet Union, for 2008-2018 have been taken.

Policy Considerations: Post-Soviet Eastern European countries within the resilience securing of their national economic systems require the development and implementation of ways to increase the performance of financial crisis management at enterprises.

Keywords: Financial crisis management, post-Soviet Eastern European countries, Crises, Resilience of economic systems, Financial crises.

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