130

Lenets V. – WAYS TO FURTHER REGULATE THE PROCESS OF ECONOMIC RECOVERY IN UKRAINE IN THE POST-WAR PERIOD

WAYS TO FURTHER REGULATE THE PROCESS OF ECONOMIC RECOVERY IN UKRAINE IN THE POST-WAR PERIOD

Lenets V.
Entrepreneur,
PhD student of the Department of Public Administration and Land Management
Classical Private University,
DykankaMlyn Limited Liability Company
Poltava

Abstract
The article reveals ways to further regulate the process of economic recovery in Ukraine in the post-war period. The article examines the process of planning the post-war restoration and development of Ukraine, its methodological foundations and specifics. Attention is focused on the importance of using elements of global experience (including the Marshall Plan), ensuring food security of Ukraine in accordance with the historical experience of the post-war restoration of French agriculture, taking into account the role of large-scale business in the post-war restoration and technical modernization of the country’s production, the need to include in the plans for the restoration the state policy of import substitution and export promotion in the system of post-war restoration measures.
Planning is an important first step for the reconstruction of Ukraine after the war and the implementation of its strategic goals, subject to the use of global experience of restoring post-war economies, with its creative development and adaptation to Ukrainian realities.

 Keywords: planning, state authorities, economic recovery of Ukraine, modernization of production, food security, import substitution, export promotion.

129

Kostadinov O. – SOME ASPECTS OF THE MODEL OF INTERRELATIONSHIP BETWEEN CONTRACTS OF SALE OF GOODS AND CONTRACT OF CARRIAGE BY SEA, ALSO THE ROLE OF BILL OF LADING IN INTERNATIONAL TRADE

SOME ASPECTS OF THE MODEL OF INTERRELATIONSHIP BETWEEN CONTRACTS OF SALE OF GOODS AND CONTRACT OF CARRIAGE BY SEA, ALSO THE ROLE OF BILL OF LADING IN INTERNATIONAL TRADE

Kostadinov O.
Ph.D., Guest lecturer of the Department
“Operation and  Management of Merchant fleet”
Nikola Vaptsarov Naval Academy
Varna, Bulgaria
ORCID ID: 0000-0002-9183-5243

Study in Support of International Trade and Maritime Commercial Practice

Abstract
This article examines the model of a chain of commercial contracts for the international purchase and sale of a commodity that is transported by waterborne transport provided by an intermediary trading company that purchases the traded commodity from its exporter and accordingly resells the commodity to the importing buyer. On the other hand, the intermediate trading company concludes the charter for the carriage of the goods with a company that is not the actual owner of the ship. In this scenario, a series of contracts govern both the purchase and sale of the goods, as well as the carriage of the traded goods, for which the carrier issues a bill of lading. The transport document is used when paying for the goods, which is done with a transferable letter of credit, and also end-buyers receive the goods from the carrier.

 Keywords: Purchase and Sale Contract; Charter party; Chain of commercial contracts for sale of goods and maritime transport services; Bill of lading

129

Sinoimeri D., Teta J., Xhafka E. – INSIGHTS ANALYSIS OF THE SUPPLY CHAIN FINANCE

INSIGHTS ANALYSIS OF THE SUPPLY CHAIN FINANCE

Sinoimeri D.
Department of Production and Management, Polytechnic University of Tirana
Teta J.
Department of Production and Management, Polytechnic University of Tirana
Xhafka E.
 Department of Production and Management, Polytechnic University of Tirana

Abstract
Supply Chain Finance has emerged as a pivotal strategy for enhancing financial efficiency and reducing expenditure within supply chains. This article aims to explore the evolving trends in SCF by conducting a systematic literature review of articles published in Scopus-indexed journals from 2017 to 2022. Employing both quantitative and qualitative analyses, this study maps global article patterns in Supply Chain Finance, revealing the most cited works, leading authors, influential journals, key research keywords, and the primary contributing countries. Preliminary findings suggest a surge in interest in integrating digital technologies in Supply Chain Finance. By delineating the current state of Supply Chain Finance research and identifying literature gaps, this study not only contributes to academic discourse but also lays down a robust foundation for future empirical and theoretical advancements in the field. Consequently, it outlines crucial areas for forthcoming research, aiming to foster innovation and development within Supply Chain Finance.

 Keywords: Supply Chain, Supply Chain Management, Supply Chain Finance, Analysis, Management.

129

Brikena Leka, Etleva Bajrami, Gentiana Sharku, Drilona Mulaj – COLLEGE STUDENTS AND FINANCIAL DECISION MAKING – AN ANALISYS BASED ON THE ASSESSMENT OF FINANCIAL EDUCATION

COLLEGE STUDENTS AND FINANCIAL DECISION MAKING – AN ANALISYS BASED ON THE ASSESSMENT OF FINANCIAL EDUCATION

Brikena Leka
 Associate Proffesor, Faculty of Economics, University of Tirana
Etleva Bajrami
Associate Proffesor, Faculty of Economics, University of Tirana
Gentiana Sharku
Proffesor, Faculty of Economics, University of Tirana
Drilona Mulaj
PhD Candidate, Faculty of Economics, University of Tirana

Abstract
This article focuses in the assesment of the financial literacy level of students that attends college with no economic background. The level of financial education is very important for all individuals, but it takes a special importance for young people, since they are the ones who will encounter innovative products and services in their financial decisions for a longer time and they must be prepared for it. A low level of financial education means an increased risk in current and future decision-making, which would affect the quality of life of Albanian citizens. In order to evaluate the financial education level of students in addition to the descriptive analysis, are calculated: the global index for the level of financial literacy, as well as three partial indices for the level of: financial knowledge, financial attitude and financial behavior. To calculate the indices, primary data collected from the questionnaire were used and then the answers for each student were evaluated with points depending on the wrong or right answer, and then the evaluation was done on a scale from 1 to 100. The most important findings of the paper conclude with a low level of the index of financial knowledge, and a satisfactory level for the indices of financial attitude and financial behavior, concluding with an average value for the global index of financial education of students.

Keywords: financial literacy, knowledge, attitude, behavior, indices

128

Orujlu A. – TRANSIT POSITION IN THE NORTH-SOUTH INTERNATIONAL TRANSPORT CORRIDOR OF AZERBAIJAN

TRANSIT POSITION IN THE NORTH-SOUTH INTERNATIONAL TRANSPORT CORRIDOR OF AZERBAIJAN

Orujlu A.
Azerbaijan State University of Economics
 Doctor of Philosophy

Abstract
After an 11-year break, the next continental project that will strengthen the status of Azerbaijan as a transit country has been launched, and now the first practical steps are being taken to launch the “North-South” international transport corridor. On April 20 of this year, the foundation of the railway bridge over the Astara river, which will allow connecting the railways of Azerbaijan and Iran, was laid. By the end of 2016, it is planned to complete the construction of the railway bridge over the Astara river and the 8.3 km road from the Astara station to the border, the 1.7 km line on the Iranian side and the transshipment terminal.

 Keywords: north-south corridor, international transport, continental project, economic reform.

128

Abdulhasanova R. – GLOBAL ECONOMY: CURRENT TRENDS AND FUTURE PROSPECTS

GLOBAL ECONOMY: CURRENT TRENDS AND FUTURE PROSPECTS

Abdulhasanova R.
Lecturer Nakhchivan State University
Nakhchivan, Azerbaijan
Orcid İD: 0009-0003-8702-7766

Abstract
The global economy is in a state of constant flux, influenced by a multitude of factors ranging from technological breakthroughs to geopolitical tensions. This article delves into the intricacies of these influences, providing an insightful overview of current trends and offering nuanced perspectives on future prospects.
In today’s digital age, the rapid pace of technological innovation is reshaping industries and business models. From artificial intelligence and blockchain to the Internet of Things (IoT), advancements in digital technology are driving unprecedented efficiency gains and fostering a culture of innovation. This digital transformation is not only revolutionizing traditional sectors but also creating new opportunities for growth and disruption.

 Keywords: Global economy, Current trends, Future prospects, Digital transformation, Trade dynamics, Sustainability

127

Dedilova T., Yurchenko O., Kononenko Y., Osypova S. – SUSTAINABILITY AND EFFICIENCY: THE IMPACT OF SOCIAL ENTREPRENEURSHIP ON THE SOCIO-ECONOMIC DEVELOPMENT OF UKRAINE IN THE CONDITIONS OF A FULL-SCALE WAR

SUSTAINABILITY AND EFFICIENCY: THE IMPACT OF SOCIAL ENTREPRENEURSHIP ON THE SOCIO-ECONOMIC DEVELOPMENT OF UKRAINE IN THE CONDITIONS OF A FULL-SCALE WAR

Dedilova T.
Candidate of Science (Economics),
Associate Professor of Kharkiv National Automobile and Highway University
Yurchenko O.
PhD in Economics,
Associate Professor of Sumy National Agrarian University
Kononenko Y.
PhD in Economics,
Associate Professor of V. N. Karazin Kharkiv National University
Osypova S.
PhD in Economics,
Associate Professor of National Technical University «Kharkiv Polytechnic Institute»

Abstract
The article is devoted to the research of social entrepreneurship in the context of sustainability and efficiency of Ukrainian business in the conditions of a full-scale war with russia. The place of social entrepreneurship in the unity of elements of sustainable development is separately determined and directions for the creation and implementation of entrepreneurial projects and sustainable development initiatives in Ukraine for the period up to 2030 are proposed. It characterizes the impact of social entrepreneurship on the socio-economic development of Ukraine as a key tool for reducing social problems and transforming the country on the basis of sustainability.

Keywords: social entrepreneurship, sustainability, development, business model, concept.

127

Kryvytska O., Kleban Y., Klepak K. – CURRENT DOMINANTS OF THE MOBILE PHONE MARKET IN UKRAINE AND THE WORLD

CURRENT DOMINANTS OF THE MOBILE PHONE MARKET IN UKRAINE AND THE WORLD

 Kryvytska O.
Doctor of Sciences (Economics), Professor
The National University of Ostroh Academy
https://orcid.org/0000-0002-0844-3362
Kleban Y.
Lecturer,
The National University of Ostroh Academy
https://orcid.org/0000-0002-7070-5175
Klepak K.
Student of the first (undergraduate) level of higher education,
The National University of Ostroh Academy
https://orcid.org/0009-0004-6909-273X

Abstract
The article is devoted to an in-depth analysis of the situation on the smartphone market in Ukraine and the world, taking into account the current trends and dynamics of the development of this technology segment. The authors consider the impact of innovation, the competitiveness of manufacturers, as well as consumer preferences that shape the demand for modern mobile devices. In the context of the Ukrainian market, special attention is paid to factors that influence consumer choice, such as affordability, functionality, and popularity of brands. The analytical review of the market also takes into account the impact of global trends on consumer practices in Ukraine, which allows to identify opportunities and challenges for local players in this sector. The article offers readers a broader understanding of the dynamics of the smartphone market, contributing to the formation of business strategies, and also provides recommendations for consumers to make an informed choice when purchasing a mobile device in the conditions of constant evolution of technology.

Keywords: smartphone market, dominant factors, pricing, market leaders.

127

Novoseletska A. – USING THE RADAR METHOD FOR DETERMINING THE INTEGRAL INDICATOR OF THE COMPETITIVENESS OF LIFE INSURANCE COMPANIES IN UKRAINE

USING THE RADAR METHOD FOR DETERMINING THE INTEGRAL INDICATOR OF THE COMPETITIVENESS OF LIFE INSURANCE COMPANIES IN UKRAINE

Novoseletska A.
graduate student
Ostroh Academy National University
Ostrog Ukraine
ORCID: https://orcid.org/0000-0003-2992-5237

 Abstract
The article builds radar maps of the competitiveness of life insurance companies in Ukraine based on such key indicators of their activity as the amount of assets, equity, insurance premiums, insurance payments, insurance reserves and investment income. Based on the calculations of the radar area of ​​life insurance companies and their integral indicator, it was determined that during 2018, PJSC «GRAVE UKRAINE Life insurance» was the benchmark in the life insurance market, and since 2020, PJSC «METLIFE» will confidently hold this status. A significant increase in the area of ​​the competitiveness radar of PJSC «METLIFE» compared to the nearest competitor on the market indicates the effectiveness of the policy of managing its competitiveness, which is produced by the managers of this company.

Keywords: life insurance companies, competitiveness, competitiveness radar, integral indicator, reference company.

127

Nikolaishvili A. – UNDERWRITING IN AGRO INSURANCE

UNDERWRITING IN AGRO INSURANCE

 Nikolaishvili A.
Agro Insurance Case Regulation Manager of JSC “Insurance Company Aldagi”,
PhD student at STU

Abstract
Insurance is a risk management financial instrument that involves the transfer of risk in whole or in part to an insurance organization.
Agro Insurance is a specialized and complex group of insurance, which includes the insurance of crops, livestock, aquacrops and greenhouses.  The origin of agro insurance was facilitated by the disruption of agricultural  activities by  unfavorable climatic conditions.
The main goal of agro insurance is to protect farmers and stabilize their income, so that their activities continue uninterrupted for years.
Crop insurance in agriculture is of great importance. The implementation of the agro insurance program is very relevant and vital for the farmer. The development of agro insurance will contribute to the economic growth of the country and increase the well-being of the population.
That is why it is of great importance to correctly assess agricultural risks and properly conduct the underwriting process.

Keywords: Insurance, Pool, Underwriter, Farmer, Risk.