Tag: R10

INCREASING FUNDING FOR THE REGIONAL INDUSTRY OF KOSOVO AND THE IMPACT ON ECONOMIC GROWTH

Filipos RUXHO

Prof. Ass. Dr., Vice President for Innovation and External Relations, Universum College, Kosovo

filip.ruxho@universum-ks.org

Christos Ap. LADIAS

Professor, Regional Science Inquiry  Journal, Hellenic Association of Regional Scientists

ladias@rsijournal.eu

Abstract

All research so far, related to financing the needs of SMEs in Kosovo, show that financing remains among the main problems for starting the growth and development of the country’s economy, especially for regional small and medium-sized manufacturing enterprises. This phenomenon has created negative consequences in the growth and development of businesses in general, as well as the growth of investment activities in particular. Despite the fact that SMEs affect the generation of new jobs, poverty reduction and economic growth, SMEs in Kosovo still face various and serious challenges in business development. Among other difficulties, there is access to finance, as well as the possibility of investing from external sources, as internal sources of funding are always insufficient. Due to the strategic importance of the manufacturing industry sector in the economy of a country and knowing that for each job contributes 2.3 new jobs in the total economy, we have selected this research which also corresponds to objective 9 of sustainable development and specifically target 9.3 that promotes increased access of small industrial enterprises and other enterprises, especially in developing countries, to financial services, including affordable loans, and their integration into value chains and markets. Referring to this importance, we conducted research in 103 Kosovo regional manufacturing companies in various sectors. The survey was structured with 16 questions which will be presented in detail in this research and which confirm that the increase of financing in the productive sector contributes to the sustainable economic development of Kosovo and to the reduction of unemployment.

Keywords: Financing, Sustainable Development, SMEs, Regional Industry, target

JEL classification: A10, E43, F65, F66, H60, L60, M10, R10

 pp. 117-126

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STRATEGIC PRIORITIES OF THE NATIONAL POLICY OF THE REPUBLIC OF KAZAKHSTAN ON THE DEVELOPMENT OF REGIONS

Toleu PANIYAZ

Doctoral Student at the Department of Political Science, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan

tpaniyaz@kaiost.cn

Kargash ZHANPEIISSOVA

Professor at the Department of Political Science, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan

zhanp@nuos.pro

Oralbay KABUL

Head of the Department of Philosophy, A. Baitursynov Kostanay Regional University, Kostanay, Republic of Kazakhstan

o.kabul@ust-hk.com.cn

Aigul AMANTAYEVA

Associate Professor at the Department of Philosophy, A. Baitursynov Kostanay Regional University, Kostanay, Republic of Kazakhstan

aamantayeva@tanu.pro

Abstract

The state system of strategic forecasting and planning of the Republic of Kazakhstan is an important tool for the implementation of large-scale global tasks and the development of long-term priorities for the central and regional authorities. The purpose of the study is to identify strategic priorities for the regional development of the Republic of Kazakhstan on the example of the Kostanay region and to verify the connection between regional development within the country and world geopolitics. The study covers the main tasks and achievements of the regional economy development. The authors of the study disclose the main areas for improving monetary and fiscal policy, ensuring macroeconomic stabilisation. The study demonstrates the main issues and opportunities of economic development in various regions of Kazakhstan and proposes measures for the labour market modernisation as the main priority of effective economy development. Thus, the new course of national policy within global challenges requires improving the training of qualified personnel capable of providing labour resources. The main task of regional policy and state strategy is to preserve the country as a single unitary state. This specificity requires effective management of all internal structure elements of the Kazakh society, which is at the stage of systemic modification. The practical significance of the study is due to the visual demonstration of the effectiveness of various regional development theories, their place and role in science and politics.

Keywords: Regional policy, national economy, competitiveness, strategic priorities, concept, diversification

JEL classification: R10, R58, C53

 pp. 83-92

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DETECTING INTERREGIONAL PATTERNS IN TOURISM SEASONALITY OF GREECE: A PRINCIPAL COMPONENTS ANALYSIS APPROACH

Dimitrios TSIOTAS

Adjunct Lecturer, Department of Regional and Economic Development, Agricultural University of Athens, Greece, Nea Poli, Amfissa, 33100, Greece, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece, tsiotas@aua.gr

tsiotas@uth.gr

Thomas KRABOKOUKIS

Ph.D. candidate, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece

tkrabokoukis@uth.gr

Serafeim POLYZOS

Professor, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece

spolyzos@uth.gr

Abstract

Tourism seasonality is a complex phenomenon incorporating a temporal, a spatial, and a socioeconomic (ontological) dimension. This paper builds on principal component analysis (PCA) to provide an integrated methodological framework for studying all three dimensions of tourism seasonality. The proposed method classifies the seasonal patterns of tourism demand of the Greek prefectures into regional groups, which are examined in terms of their geographical and socioeconomic characteristics. The study aims to configure distinguishable seasonal profiles in terms of their socioeconomic attributes. The proposed method is applied to monthly data of tourism overnight stays for the period 1998-2018 and detects seven principal components described by diverse socioeconomic attributes. The overall analysis proposes a useful tool for tourism management and regional policy, it advances PCA to be used as a tool of regional classification, and it incorporates a multivariate consideration based on the socioeconomic evaluation of the principal components. The proposed methodology develops an integrated framework dealing with complexity describing socioeconomic research and particularly tourism seasonality.

Keywords: regional development; seasonal classification; spatiotemporal patterns; pattern recognition.

JEL classification: C18, C38, O52, R10, R58, Z30

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