Transformations of national economies under conditions of instability
Keywords:
digitalization, strategy, decarbonization, climate policy, smart grids, guarantees of origin, energy efficiency, renewable energy sources, Carbon Border Adjustment Mechanism, investments, foreign economic policy, brand employer brand vacancy, employees, employment, value proposition, brand positioning, Z Generation, employer brand development strategy, employer, brand process, retail, digital technologies, sustainable green, development, green management, international practices, environmental impact, RE100 Initiative, CO2 emissions, project management, project management on the macro level, industrial districts, turbulent conditions, university leadership, energy management system, renewable energy, energy monitoring, climate action, economic system, digital economy, information asymmetry, nformation security, sectoral structure of the economy, IT sector, business, shadow economy, corruption risks, technology, digital, information, green economy, trends, Agent-Oriented Modelling (AOM), remediation, water resources, Agile approach, Geographic Information Systems (GIS), sustainable development goals (SDG), Artificial Intelligence (AI), Machine Learning (ML), post-war recovery, management system, agricultural business, Ecosystem, economic benefit, corporate governance, instability, geopolitics, postwar recovery, Ukraine’s economy transition, economy transformation, ESG-based remuneration, Ukrainian SOEs, SOE governance reform, OECD principles, board independence, UN SDG, investor trust, raising capital, EU CSRD, sustainability metrics, executive compensation, governance structures, corporate resilience
Synopsis
The monograph "Transformation of National Economies in Conditions of Instability" is dedicated to theoretical-methodological and practical approaches to addressing diverse and pressing challenges faced by key sectors of national economies under risks and threats of various scales and natures. The authors present innovative approaches and unique solutions for transforming the development of structural elements within socio-economic systems, with a particular focus on implementing advanced international experience and standards in the context of modern trends in the global economy. The book consists of nine chapters, each exploring significant aspects of current development challenges and offering forward-looking solutions of strategic importance.
Strategic and legal aspects of digital transformation of the energy sector of Ukraine: focus on foreign economic policy
This section of the monograph examines relevant and significant issues regarding the further development of Ukraine's energy system within the legal framework and considering long-term strategic development priorities. The authors analyze the achievements and shortcomings of the national strategy for the digital transformation of the energy sector, with particular emphasis on the Concept for the Implementation of Smart Grids until 2035. An in-depth analysis of gaps in the legislative framework is presented, and pathways to address them are proposed within the context of a unified roadmap for digital transformation. The focus is placed on the implementation of smart grid technologies and electronic guarantees of origin for electricity generated from renewable energy sources as key tools for adapting to EU policies and achieving European integration goals. The proposed solutions aim to stimulate investment inflow, improve the investment climate, and reduce Ukraine's dependence on fossil fuels.
Formation of employer's image for representatives of Z generation in the retail sector in conditions of instability
The study highlights the necessity of adapting employer branding strategies to the behavioral characteristics and expectations of Generation Z. On a macro level, this adaptation influences the competitiveness of the retail sector by improving workforce stability and reducing staff turnover. On a micro level, it facilitates the creation of a unique employer brand, enhances corporate culture, and increases employee satisfaction. The authors propose a systematic approach comprising three stages: analysis of the current situation, development of the desired employer brand image, and implementation of the strategy through updates to the brand book, communication tools, and value propositions. The study emphasizes the importance of digital communication platforms (such as Instagram, TikTok, LinkedIn, etc.) and personalized offerings, which are particularly relevant for Generation Z.
Synergy of digital technologies and green development and their impact on achieving a sustainable environment in the conditions of instability
The study focuses on an in-depth assessment of the role and significance of digital technologies in advancing the strategy of sustainable green development. Particular attention is paid to the impact of digitalization on improving energy efficiency, reducing emissions, and implementing circular economy models. The authors analyze positive international practices, including the use of sensor networks and IoT systems for resource monitoring, waste management, and energy consumption optimization. Examples of successful solutions, such as smart cities and digital carbon credit markets, are provided. The authors propose theoretical models and practical recommendations for integrating digital technologies into green management strategies, which is particularly critical in the context of instability caused by climate change and economic challenges.
Project management within the national economy in turbulent conditions This section of the monograph addresses the implementation of project management at the macro level, highlighting it as a key element in ensuring the resilience of Ukraine's national economy during times of crisis. Particular attention is given to the establishment of clusters, specifically "agriculture – food industry," in the context of their role and significance in stimulating effective regional development. Methodological approaches for developing project management standards and strategies, including the use of the PMBOK framework, are proposed. Practical solutions are offered to support small and medium-sized enterprises, create conditions for business clustering, and overcome economic instability through innovative state projects with practical applicability.
Universities as regional leaders for sustainable energy and climate EU-harmonized policies
The study is dedicated to an in-depth examination of the role of universities in implementing sustainable energy and climate policies harmonized with European Union standards. Using the example of a tri-directional strategy piloted at the Ivano-Frankivsk National Technical University of Oil and Gas, the research demonstrates the integration of a demonstration solar power plant, the development of an information and measurement system for monitoring energy consumption and indoor climate, and institutional efforts embodied in the university's Sustainable Energy and Climate Action Plan. The authors emphasize the importance of integrating universities into regional projects aimed at reducing carbon footprints and improving energy efficiency, showcasing this as an example of successful harmonization of national policies with the strategic objectives of the EU.
Digital transformation of the national economy in the context of information environment development in Ukraine
This section of the monograph examines trends in the digital transformation of economic systems in the EU and Ukraine, focusing on the evolving information environment. The "technological-singularity" development vector is identified as the conceptual foundation for digital transformation, emphasizing the increasing importance of information as a key productive resource. Digitalization is shown to be essential for global competitiveness and stability, requiring investment in ICT, infrastructure, and innovations as drivers of growth. Analysis of Ukraine’s gross value-added formation highlights the growing role of digital transformation sectors, particularly information and telecommunications, while demonstrating the digital sector’s role in reducing the shadow economy and corruption risks. The importance of information security in the digital economy is also emphasized. The study explores Ukraine’s digital transformation prospects amid growing cyber risks. A comprehensive approach integrating economic, informational, and security elements is crucial for minimizing risks and ensuring stability. This strategy enhances economic resilience and strengthens Ukraine’s global competitiveness, where adherence to high cybersecurity standards is key for integration into international digital markets.
Information and digital technology trends in the green economy
This section explores current trends in the development of information and digital technologies within the context of the "green" economy. The authors focus on the digital transition toward a more environmentally friendly future, prioritizing sustainable development through resource optimization, waste reduction, and recycling. The practical significance of the research is demonstrated through innovative green technology clusters, trends in the development of digital technologies in the green economy, and a specific example of the impact of digital technologies on energy efficiency in Ukraine during wartime. The authors propose methodological and practical recommendations for transitioning to digital green solutions, including the identification, short-listing, and justification of trends in the development of the green economy architecture and Sustainable Development Goals (SDGs) in Ukraine.
A decision-making system for managing the remediation of water resources in the Kherson region: agent-oriented modeling in the context of post-war economic recovery
This section focuses on innovative approaches to managing the remediation of water resources to support the rapid and effective post-war recovery of the Kherson region's economy. The authors present an agent-oriented model for managing the remediation of water resources in the Kherson region, heavily impacted by the destruction of the Kakhovka Hydroelectric Power Plant. The study highlights the importance of integrating GIS, artificial intelligence (AI), machine learning, and the Agile methodology to enhance the efficiency of recovery processes in war-affected areas. Innovative informational and technological solutions are proposed to minimize the time and resources required for ecological remediation, ensure access to clean water, and restore agricultural development. Particular attention is given to establishing a transparent management system that facilitates effective coordination and communication among all key stakeholders, including central government authorities, local administrations, international partners, business entities, and contractors.
Corporate governance under economy transformation and geopolitical uncertainty: case of Ukraine
This section examines changes in corporate governance in Ukraine, both in private and state-owned enterprises. The authors focus on issues related to the reform of state-owned companies, the implementation of ESG principles, and the enhancement of transparency. The study emphasizes the adaptation of companies to crisis conditions, the integration of international standards such as OECD principles, and the introduction of ESG-oriented executive compensation. Examples of successful international practices that can be adapted for Ukraine are provided. The proposed measures aim to strengthen investor trust, improve corporate resilience, and support national recovery through transparent and responsible governance.
ISBN 978-9916-9850-6-9 (eBook)
ISBN 978-9916-9850-7-6 (EPUB)
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How to Cite:
Trehub, O., Hudima, T., Kirin, R., Khomyn, V., Fedulova, I., Dzhulai, M. et al.; Cherniavska, T. (Ed.) (2024). Transformations of national economies under conditions of instability. Tallinn: Scientific Route OÜ, 296. doi: https://doi.org/10.21303/978-9916-9850-6-9
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Indexing:
Introduction. Focus on the transformation of economic systems in conditions of instability
Tetiana Cherniavska
Chapter 1. Strategic and legal aspects of digital transformation of the energy sector of Ukraine: focus on foreign economic policy (3-32)
Oleksandr Trehub, Tetіana Hudima, Roman Kirin, Volodymyr Khomyn
Chapter 2. Formation of employer’s image for representatives of Generation Z in the retail sector in conditions of instability (33-72)
Iryna Fedulova, Maryna Dzhulai, Olena Dragan, Valentyna Zhukovska, Iryna Mykolaichuk, Iryna Bolotina, Olena Bezpalko, Alina Berher
Chapter 3. Synergy of digital technologies and green development and their impact on achieving a sustainable environment in the conditions of instability. (73-111)
Valentyna Voronkova, Vìtalina Nikitenko, Natalya Metelenko, Iryna Silina, Alla Popova, Mykyta Slyusar, Olena Burashnikova, Roman Afonov
Chapter 4. Project management within the national economy in turbulent conditions (112-138)
Tetiana Ostapenko, Oleksandr Ponomaryov, Yevheniia Osypova, Olha Kravchenko
Chapter 5. Universities as regional leaders for sustainable energy and climate EU-harmonized policies (139-168)
Maksym Karpash, Liubomyr Zhovtulia, Andriy Yavorskiy, Ihor Rybitskiy, Vitalii Tsykh, Oleg Karpash
Chapter 6. Digital transformation of the national economy in the context of information environment development in Ukraine (169-197)
Alina Hlushko, Svitlana Onyshchenko, Oleksandra Maslii, Oleksandr Chumak
Chapter 7. Information and digital technology trends in the green economy (198-222)
Olena Lytvyn, Andrii Onyshchenko
Chapter 8. A decision-making system for managing the remediation of water resources in the Kherson region: agent-oriented modeling in the context of post-war economic recovery (223-256)
Tetiana Cherniavska, Nataliya Tanklevska, Bohdan Cherniavskyi
Chapter 9. Corporate governance under economy transformation and geopolitical uncertainty: case of Ukraine (257-278)
Glib Aleksin, Oleksandr Dyba
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Published
December 30, 2024
Copyright (c) 2024 Oleksandr Trehub, Tetіana Hudima, Roman Kirin, Volodymyr Khomyn, Iryna Fedulova, Maryna Dzhulai, Olena Dragan, Valentyna Zhukovska, Iryna Mykolaichuk, Iryna Bolotina, Olena Bezpalko, Alina Berher, Valentyna Voronkova, Vìtalina Nikitenko, Natalya Metelenko, Iryna Silina, Alla Popova, Mykyta Slyusar, Olena Burashnikova, Roman Afonov, Tetiana Ostapenko, Olha Kravchenko, Yevheniia Osypova, Oleksandr Ponomarov, Maksym Karpash, Liubomyr Zhovtulia, Andriy Yavorskiy, Ihor Rybitskiy, Vitalii Tsykh, Oleg Karpash, Alina Hlushko, Svitlana Onyshchenko, Oleksandra Maslii, Oleksandr Chumak, Olena Lytvyn, Andrii Onyshchenko, Tetiana Cherniavska, Nataliya Tanklevska, Bohdan Cherniavskyi, Glib Aleksin, Oleksandr Dyba ________________________________________ How to Cite: Trehub, O., Hudima, T., Kirin, R., Khomyn, V., Fedulova, I., Dzhulai, M. et al.; Cherniavska, T. (Ed.) (2024). Transformations of national economies under conditions of instability. Tallinn: Scientific Route OÜ, 296. doi: https://doi.org/10.21303/978-9916-9850-6-9
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