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The system of balanced indicators - effective way of strategic and operating administration of the region

Kormanovskaya I.R. candidate of economic science, associate professor, Novgorod department of St. Petersburg State University of Service and Economics ( vivat@mail.natm.ru )

Journal: Regional Economics: Theory and Practice, #18, 2011

In the article we discuss theoretical premises of using the system of balanced indicators for managing the strategic development of the region. The main advantages of using these system and problems of introduction of balanced indicators of strategic development of the region are also described.


Regional aspect of the social security

Kormanovskaya I.R. candidate of economic science, associate professor, Novgorod department of St. Petersburg State University of Service and Economics ( vivat@mail.natm.ru )

Journal: National Interests: Priorities and Security, #16, 2010

The success of the government body policy, directed to the forming, monitoring and supervision of the social prosperity depends on the level of the regional socio - economic development. And as a result the main attention is dedicated to the questions of the adequate valuation of the regional social security. The main population figures are analyzed in this article, the level of living in the Novgorod region is estimated and the key development problems are revealed.


The main directions of the demographic politics in the Novgorod region

Kormanovskaya I.R. PhD in Economics, associate professor, director of Novgorod department, St. Petersburg State University of Service and Economics ( vivat@mail.natm.ru )

Journal: Regional Economics: Theory and Practice, #13, 2012

This article is devoted to the main trends of the demographic policies of the Novgorod region on the basis of the main positive and negative tendencies in the region. It is concluded that for improvement of the demographic situation it’s necessary the fast-time change to innovation way of development and improvement of quality of life for our region, but the result will be beyond forecasting period. In these circumstances the main tendencies of demographic policies should be connected with using the domestic reserves.


Economic structure of the Novgorod region and its correspondence to tasks of sustainable innovative development

Kormanovskaya I.R. PhD in Economic Sciences, Associate Professor, The Novgorod Department of the St. Petersburg State University of Service and Economics ( vivat@mail.natm.ru )

Journal: Regional Economics: Theory and Practice, #5, 2013

This article is devoted to structural changes of reproduction economy sectors. The sectors are investment, innovative, fuel and energetic, consumer and infrastructural ones. The structural contradictions which do not correspond to the problems of innovative development are revealed, as a result of the analysis the developed structural contradictions not corresponding to problems of innovative development are revealed, and recommendations about their overcoming are made.


The risks of the economic innovation and investment sector of the Novgorod oblast and their impact on the gross regional product

Bernasovskaya L.I. Saint-Petersburg State Economic University (SPbSEU), St. Petersburg, Russian Federation ( Lbernasovskaya40@mail.ru )

Kormanovskaya I.R. Saint-Petersburg State Economic University (SPbSEU), St. Petersburg, Russian Federation ( vivat@mail.natm.ru )

Journal: Regional Economics: Theory and Practice, #1, 2018

Subject The article focuses on the issue of establishing a risk assessment and prediction system based on a rank factor model that minimizes uncertainty in the onset of unfavorable events in the medium-and long-term planning of the region's economic development.
Objectives The article aims to develop tools for assessing and predicting the sustainable development of regions in terms of their sectoral structure by identifying the sources of regional risks, their aggregating assessment, and the priorities for innovative development.
Methods For the study, we used the methods and techniques of scientific abstraction, observation, expert evaluation, economic and statistical analysis, structural and logical analysis, and a systems approach.
Results The article presents a methodology for assessing the development of a regional economy, which is characterized by the synthesis of dynamic regulations and the use of non-parametric rank methods. This methodology enables the analysis of specific quantitative characteristics of the development, which allows the overall movement path to be controlled by growth rate of each particular indicator included in the dynamic regulation.
Conclusions To achieve innovative development, it is necessary to measure the degree of economic dynamism of the regional system by improving its structure. From the management paradigm perspective, risk ranking is required in terms of the impact on the region's socioeconomic development.


A factorial approach to the regional development risk assessment (the Novgorod oblast case study)

Bezdenezhnykh T.I. Saint-Petersburg State Economic University, St. Petersburg, Russian Federation ( girii@mail.ru )

Kormanovskaya I.R. Saint-Petersburg State Economic University, Novgorod Branch, Veliky Novgorod, Russian Federation ( vivat@mail.natm.ru )

Kadnichanskaya M.O. Saint-Petersburg State Economic University, Novgorod Branch, Veliky Novgorod, Russian Federation ( marishka78_@mail.ru )

Journal: Regional Economics: Theory and Practice, #32, 2015

Importance The article discusses the formation of the regional risk management mechanism. This mechanism includes a strategic analysis and forecasting of risk factors, the organization of activities to achieve the targets, and the development of a methodological apparatus for managing risk within specific regions.
     Objectives The paper aims to provide the means of assessing the sustainable development of regions based on the diagnosis of regional risks, and identifying sources of risk and innovation development priorities.
     Methods For the study, we used scientific methods and techniques: abstraction, system approach, structurally-logical analysis, as well as economic-statistical analysis, monitoring, and expert estimates.
     Results The article presents a methodology of integrated risk evaluation of regional development, the distinctive feature of which is the use of individual characteristics of the region's stability under the dominating risk factors. The paper also presents a system of risk assessment indicators, characterizing the risk factors. The Novgorod oblast was a case for study.
     Conclusions and Relevance The article concludes that regions with relatively low levels of socio-economic development are characterized by a higher level of risk. The paper offers to rank risks according to the degree of their impact on the process of socio-economic development of the region. It contains recommendations on the implementation of the priority measures that can be used by the executive authorities in improving the regional policy.


A methodological approach to the development of indicators for the analysis and forecasting of quality improvements in regional economy

Bernasovskaya L.I. Branch of Saint-Petersburg State University of Economics, Veliky Novgorod, Russian Federation ( vivat@mail.natm.ru )

Kormanovskaya I.R. Branch of Saint-Petersburg State University of Economics, Veliky Novgorod, Russian Federation ( vivat@mail.natm.ru )

Journal: Regional Economics: Theory and Practice, #6, 2015

Importance The nonlinear character of regional economic development, expressed by diverse macroeconomic indicators, determines its cyclicality, dynamics of structural changes and enterprise proportions. It involves the necessity to regularly research the structural dynamics with the purpose to stabilize the regional economic and social system and change over to an innovation economy model.
     Objectives The article covers an important issue of estimation and forecasting of qualitative shifts of the regional economy. The main task is to set up a list of criteria and exponents.
     Methods We are expounding our own practical problem-solving approach based on a structural-logical research method. The figured system of the exponents of valuation and forecasting of structural changes bases on an indicator system construction. The indicators reflect three aspects: the first aspect concerns the analysis of exponent systems, needed for estimation of region's innovative activity; the second one concerns the cyclicality estimation, which requires both qualitative and quantitative characteristics; the third aspect concerns the forecasting of structural changes in the long-term period. Such an approach to the determination of the suggested exponent list makes it possible to get reliable forecast. The actual data from the regional statistics department of the Novgorod region have confirmed the forecast.
     Results Using the selected indicators of the Novgorod region, we have analyzed and predicted structural changes of the reproduction economic sectors. This brought us to a conclusion that the management of structural changes in the region's economy is not effective enough. The structural changes throughout all the exponents, featuring the development of the region's economy, were multidirectional and of regressive nature. The main reason of such a situation is the deficient budgeting and internal investing. That will not allow ensuring the innovation breakthrough till 2030.
     Conclusions and Relevance We are submitting certain operational guidelines for an innovation scenario of the region's development. The guidelines can be used by the executive authorities for organizational policy improvement.


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