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«European Journal of Economic Studies»
(Европейский журнал экономических исследований) – международный двуязычный научный журнал.

E-ISSN 2305-6282

Периодичность – 2 раза в год.
Издается с 2012 года.

2 December 01, 2019


1. Vita A. Fomenko
Educational Youth Tourism in Russia as a Basis for the Formation of the Labor Potential of Regional Staff

European Journal of Economic Studies, 2019, 8(2): 104-109.
DOI: 10.13187/es.2019.2.104CrossRef

This article discusses the prospects for the development of the labor potential of youth with the help of the existing system of educational youth tourism in Russia and specifically in the Krasnodar Territory as a particularly developed region in the historical, cultural, entertaining, Olympic and sports fields. The analysis of the concepts of «education», «tourism”, «youth» is carried out with the help of regulatory sources and its own interpretation of the definition of «educational youth tourism» is given. Various youth forum sites of the Krasnodar Territory are characterized in terms of the effectiveness of influencing the labor potential of youth. The analysis was made of the functioning environment of the tourist cluster of the Krasnodar region in the field of educational youth tourism and its impact on the labor potential of young people in the Kuban region, taking into account competitive conditions in the global tourism market (natural and climatic conditions of increased comfort, unique cultural and historical resources; accessibility for wide layers and/or wealthy population; well-developed communication systems and financial infrastructure; study of tourist demand; information I support tourists in the place of stay) and the functioning environment of the tourist cluster of the Krasnodar region.

URL: http://ejournal2.com/journals_n/1573472100.pdf
Number of views: 733      Download in PDF

2. Sanel Halilbegovic, Adisa Arapovic, Nedim Celebic, Tarik Atovic
Exploratory Analysis of Blockchain Application in Trade Finance

European Journal of Economic Studies, 2019, 8(2): 110-119.
DOI: 10.13187/es.2019.2.110CrossRef

This study is using exploratory analysis to explain blockchain technology application and its importance in trade finance for call centers and dispatcher companies. The plan is to process the Internet sources that are gathered involving blockchain, call centers and booking business and move little deeper in the world of call centers, including direct information and statistics from the managers of Inmotion Ltd. This study will review the actual introduction of blockchain as young technology, the importance of blockchain applications and its content, and within analysis and discussion part this research will try to propose the solution to this or similar company, that has an access to a huge number of human resources as the most important asset for their business.

URL: http://ejournal2.com/journals_n/1573472186.pdf
Number of views: 718      Download in PDF

3. Sanel Halilbegovic, Emir Šaković, Adisa Arapovic-Omerbegovic, Nedim Celebic
Implementation Effects of “IFRS 9 Impairment Modelling for Financial Instruments” on Regulatory Capital Banks in Federation of Bosnia and Herzegovina

European Journal of Economic Studies, 2019, 8(2): 120-130.
DOI: 10.13187/es.2019.2.120CrossRef

IFRS 9 introduces new impairment rules in order to respond to G20’s complaint about the complexity and the lack of efficiency of the IAS 39 standard. According to (FASB, 2016) the main issue was a delayed recognition of credit losses on loans and other financial instruments, which resulted in the late recognition of credit losses. This new standard is mandatory from January 1th 2018. In this article, we’ll investigate effects of the implementation of this new regulatory requirement on financial institutions in Bosnia and Herzegovina and compare them with effects they had in Croatia. By doing so we will be able to differ mentioned effects in EU countries with the countries that they claim to become EU members. Although, the new IFRS 9 impairment requirements is supposed to shift up the credit loss allowances of many banks and financial institutions, the effect appraisal will demonstrate that the effect is less critical than anticipated by the European Banking Authority in both EU or non-EU countries. The thesis will demonstrate that the implementation of the new IFRS 9 impairment requirements is supposed to shift up the credit loss allowances of many banks and financial institutions.

URL: http://ejournal2.com/journals_n/1573472249.pdf
Number of views: 711      Download in PDF

4. Zurab Mushkudiani, Badri Gechbaia
Facing the Global Competitiveness Challenge and Quality of Business Freedom in Georgia

European Journal of Economic Studies, 2019, 8(2): 131-135.
DOI: 10.13187/es.2019.2.131CrossRef

In this paper, we address the issue of the global ompetitiveness which is being launched at a time of rising income inequality, mounting social and political tensions, and a general feeling of uncertainty about the future. Growth remains persistently low: commodity prices have fallen, as has trade; external imbalances are increasing; and government finances are stressed. However, it also comes during one of the most prosperous and peaceful times in recorded history, with less disease, poverty, and violent conflict than ever before. Despite the difficult economic situation, the fundamental principles of competitiveness should not be forgotten and should not be sacrificed to short-term needs. The future is competitive economies that, given local factors, tend to increase productivity and build on present and future prosperity. The issue of competitiveness of individual regions and countries, as globalization processes deepen, remains relevant.

URL: http://ejournal2.com/journals_n/1573472766.pdf
Number of views: 715      Download in PDF

5. İsmail Pak, Filiz Katman
Ungrounded Concern of Societies Regarding Possible Negative Outcomes of Shale Gas Extraction

European Journal of Economic Studies, 2019, 8(2): 136-142.
DOI: 10.13187/es.2019.2.136CrossRef

The essential purpose of this article is to investigate the negative situations which may occur during Shale gas extraction which is considered as a new option for alternative energy sources. The study focuses on how ungrounded the societies’ considerations and concerns are with regard to Shale gas extraction. The objective of the research is to investigate the possible negative outcomes of drilling during the process of extracting this type of energy and integrating it into the sector and as such, to reveal how unground the concerns of some actors in the sector are. It is an undeniable fact that shale gas which has been popular particularly in recent years will be a significant force multiplier in today’s energy world. This energy type which had not been put on the agenda before due to its requirement for high costs and advanced technology has started to be one of the top topics of sector’s agenda with advanced technology thanks to reduced costs and increased need for energy. First of all, methods and techniques of shale gas extraction will be addressed in following stages of this study and subsequently possible problems will be set forth under different headings and it will be explained how negligible and insignificant these problems are.

URL: http://ejournal2.com/journals_n/1573472870.pdf
Number of views: 708      Download in PDF

6. Vladimer Papava
On the Non-Economic Policy and the Post-Communist Experience of Georgia

European Journal of Economic Studies, 2019, 8(2): 143-151.
DOI: 10.13187/es.2019.2.143CrossRef

Economic policy is an integral part of public policy and is to be based on the accomplishments of economics. If an economic policy is not only far from economics, but in certain cases contradicts its basic postulates and rules, then such an economic policy carried out by the government represents a “non-economic policy.” Among the causes that lead to “non-economic policies,” first and foremost, is the unprofessional economic team of the government and false opinions entrenched in economics or economics lagging behind the processes unfolding in the economy. The present article offers the typology of a non-economic policy. The experience of post-Communist Georgia illustrates a number of clear examples when the governments in the country implemented non-economic policies which quite negatively affected the development of the country. As a result of developing a successful economic policy such economic reforms were carried out which allowed the country to overcome hyperinflation in the 1990s and macroeconomic stability was achieved. After carrying out currency reform, the national currency, the lari, was introduced. The reforms were fully based on economics. The main challenge is to approximate the economic policy to economics which can be achieved only in the case when economic policy-makers are highly skilled economists.

URL: http://ejournal2.com/journals_n/1573764064.pdf
Number of views: 729      Download in PDF

full number
URL: http://ejournal2.com/journals_n/1573764077.pdf
Number of views: 831      Download in PDF

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