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Unleashing sustainable recovery and development: analyzing European countries' labor market experience

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Bashynska I. , Smokvina H. , Bondarevska K. , Semigina T. , Tsikalo Y. , Terletska V.

Acta Innovations

2023

tom no. 49

5--16

The study analyzes the labor market experience of European countries and evaluates the impact of unemployment rates, in-demand professions, and social packages on sustainable economic recovery. The authors use correlation-regression analysis and time-series analysis with Eviews 4.0 software package to identify trends and patterns in large amounts of data. The article's findings provide valuable insights into the labor market experience of European countries and can aid policymakers in developing sustainable policies and strategies for economic recovery, which can positively impact the European region. The economic impact of the article is significant, as it thoroughly analyzes European countries' labor market experience and evaluates the effects of various factors on sustainable economic recovery. By identifying the essential components of the labor market's structure and determining their impact on GDP, the article's findings can aid policymakers in developing sustainable policies and strategies for economic recovery, ultimately positively impacting the European region. The regional impact of the article is also noteworthy, as it focuses specifically on European countries' labor market experience, making it particularly relevant to the region. By comparing individual European countries'. Positive and negative market features and providing comparative characteristics of labor market stakeholders, the article offers insights into the regional impact of the labor market on economic recovery. The article's evaluation of the impact of unemployment rates, in-demand professions, and social packages on sustainable economic recovery has social implications. The article suggests that policies and strategies prioritizing employment opportunities and supporting social packages can lead to sustainable economic recovery, ultimately benefiting individuals and society.

Assessment of investment and innovation image of the regions of Ukraine in terms of sustainable transformations

100%

Bashynska I. , Smokvina G. , Yaremko L. , Lemko Y. , Ovcharenko T. , Zhang S.

Acta Innovations

2022

tom no. 43

63--77

The article examines the existing methods of assessing the innovation and investment image of the region and proposes an author's methodology that considers the development of the region's production and infrastructure to form a strategic policy to create and apply innovation and economic potential of the region. The research hypothesis is based on the use of the method of distance from the standard, allowing to obtain relatively objective and fair assessments of the innovation and investment image of the region, considering the leading indicators of enterprises, ensuring their differentiation by industry. Enterprises, industries, and regions in the top rankings are considered more attractive to investors in terms of innovation, economic and social development. To confirm the hypothesis, the method of assessing the innovation and investment image of the regions was considered, which begins with an empirical, theoretical study and ends with the practicality of use. A method for determining the rating of business activity of innovation-active and investment-attractive enterprises considering their territorial and sectoral affiliation has been developed. The study has a significant economic and regional impact: using this method of assessing the innovation and investment image of the regions allows investors to evaluate and select the region in which the investment proposal will consider the features and priorities of economic development of the region and industry trends.