Year 2021, Issue 3
Date published28.9.2021
CONTENTS
-
Anup Chowdhury, Nikhil Chandra Shil
PRIVATE SECTOR MANAGEMENT TOOLS IN THE PUBLIC SECTOR: ILLUSTRATIVE EVIDENCE OF LITERATURE FROM AUSTRALIAN PUBLIC SECTORKeywords: Private Sector Management, Public Sector, New Public Management, Australian Public Sector.Abstract: Public sector reform processes have brought a wide range of improvements in many areas of public service delivery. This study explores the reforms activities initiated by Australian public sector organizations in the context of new... Public sector reform processes have brought a wide range of improvements in many areas of public service delivery. This study explores the reforms activities initiated by Australian public sector organizations in the context of new public management ideals. New public management ideals believe that management in the public sector is not different from management in the private sector. Since 1980s the Australian public sector has been dominated by the new public management principles as a response to reform initiatives and eventually different private sector management practices have been introduced in public sector. Literature supports that the Australian public sector organizations have changed their structure and operation in line with the private sector to achieve cost-efficiency, budget accountability and an improved customer focus in service delivery. However, this study doesn’t intent to generalize any findings rather highlights a summary based on available literature. Though the context of the present research is Australia, it may be equally useful to every policy maker who are engaged in formulating new policies for respective public sector. Moreover, the findings reported in this study would be useful to the public sector managers in their day to day decision-making -
Borislav Borisov
OPPORTUNITIES AND PROBLEMS IN IMPLEMENTING ELECTRONIC DATA SYSTEMS FOR FINANCIAL MANAGEMENT AND CONTROL IN THE PUBLIC SECTORJEL: Í83.Abstract: The methodological and normative framework of the internal control is constantly developed and enriched, as a result of external and internal challenges and the accumulated experience in the organizations. Internal Control -... The methodological and normative framework of the internal control is constantly developed and enriched, as a result of external and internal challenges and the accumulated experience in the organizations. Internal Control - Integrated Framework (ICIF) of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) laying the foundations and principles of the modern understanding of internal control, also got a new edition in 2013. One of the goals of change is its rules to comply with the requirements of the Sarbanes-Oxley or SOX Act. The normative base of the financial control in the organizations from the public sector in Bulgaria is adequate to the elements and principles of the updated version of ICIF, but its implementation shows some shortcomings due to the formal attitude to the requirements and the lack of an appropriate "tone at the top" in some organizations. The article emphasizes the need for electronization of control systems in public organizations. The possibilities of some cloud-based software products and electronic platforms for improving the efficiency and transparency of control are presented. -
Sviatoslav Bespalov, Khrystyna Mitiushkina, Hennadii Chernichenko
ECOLOGICAL AND ECONOMIC DEVELOPMENT DIMENSIONS OF THE COUNTRIES WITH THE USE OF CLUSTER ANALYSIS TOOLSKeywords: clustering, sustainable development, environmental policy, en¬viron¬mental and economic indicators, greening, economic development, environ¬mental sa¬fety.Abstract: The article examines the features of the application of cluster analysis to assess the level of greening the economies of the countries of the world. A sample of indicators on which the economy of developed countries is based, in... The article examines the features of the application of cluster analysis to assess the level of greening the economies of the countries of the world. A sample of indicators on which the economy of developed countries is based, in particular, the standard of living in the country, anthropogenic load, energy intensity of the economy, has been carried out. Taking into account these indicators, the countries of the world we¬re clustered into three main groups and the fourth is presented as general (background) data. The features of the greening of the economies of the countries of each group are characterized, the similarities and differences are determined. A hypothesis is put forward about the relationship between the level of economic development and anthropogenic load in states. -
Alexander Anatolyevich Nosachenko
DETECTION OF LATENT RESERVES OF WHOLESALE TRADE IN FOOD INDUSTRY IN CONDITIONS OF ECONOMIC CRISISAbstract: The article considers approaches to identifying and assessing latent reserves in the global economic crisis in the food industry, as strategically important for the country. The aim is to consider the possibility of identifying... The article considers approaches to identifying and assessing latent reserves in the global economic crisis in the food industry, as strategically important for the country. The aim is to consider the possibility of identifying latent reserves in wholesale trade of the food industry. The measurement model of latent variables is chosen as the research methodology, which allows to take into account internal and external variables and is based on the provisions of factor analysis. Theoretical research of the concept allowed to substantiate the reserve as an untapped opportunity for the development of economic entities, which are enterprises, and increase their competitiveness by identifying hidden values, and for further effective operation of entities used resources. Types of latent reserves of wholesale trade in food industry in crisis conditions are substantiated. Latent reserves with correlated features were selected by factor analysis. The variance of the variables for the five selected factors and the standard deviation of the normalized value are calculated. As a result of the calculations, the treatment for two identified factors was chosen. The coefficients of connections between external and internal latent variables are determined and the probable latent features are singled out. The calculations showed a significant pressure, depending on the severity of external influences, so on the scale of measurement, experts gave higher scores on the last parameters, which are reflected in the constructed matrix. The results of the study allowed us to trace the links between external and internal latent variables and to build a SWOT-analysis for food industry enterprises, which allowed to outline the prospects for the functioning of food industry enterprises. -
Donka Zhelyazkova, Sergey Piddrubrivnyy
STAGES IN THE DEVELOPMENT OF EU TRADE RELATIONS WITH RUSSIAAbstract: The study focuses on four main stages in the development of EU trade relations with Russia, covering the time horizon between 1992 and 2020. These stages are conditional and follow the analogy of the life cycle main stages... The study focuses on four main stages in the development of EU trade relations with Russia, covering the time horizon between 1992 and 2020. These stages are conditional and follow the analogy of the life cycle main stages (establishment, growth and maturity of relations). However, in connection with the reciprocal restrictive measures constituting a special interest in the context of the issues discussed in the study, the contemporary stage, conditionally called the period of challenges, is examined separately. The relevance of the topic and the importance of the problem are related to the strategic significance of EU trade relations with Russia and the intensity of trade, investment and financial flows migrating between them on the one hand, and to the need to revise these relations in the context of the modern economic and political environment, on the other.