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Economy, finances, management: topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY
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Issue №: 4 (58)

Published: 2021.12.24
DOI: 10.37128/2411-4413-2021-4


Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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OPPORTUNITIES OF TELEWORK AND ITS IMPACT ON THE ECONOMY

DOI: 10.37128/2411-4413-2021-4-2
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Jekabsone Sandra – Doctor of Economics, Professor, Faculty of Business, Management and Economics, University of Latvia (Rіga, LV-1050,
5, Aspazijas bulvaris, room 330, e-mail: sandra.jekabsone@lu.lv).

Skribane Irina – Analyst of the Ministry of Economics of Latvia, Master of Economics, Lecturer, Faculty of Business, Management and Economics, University of Latvia (Rіga, LV-1050, 5, Aspazijas bulvaris, room 331, e-mail: irina.skribane@lu.lv).

Sproge Ilze – Doctor of Public Management, Associate Professor of the Department of Corporate Finance and Economics, Faculty of Engineering Economics and Management, Riga Technical University (Riga, LV-1048, 6, Kalnciema Str., room 312, e-mail:ilze.sproge@rtu.lv).

Annotation

The transformation of the labour market towards more flexible work conditions took place long before the Covid-19 pandemic. In 2019, in the EU Member States, on average, 14.4% of the total number of employees fully or partially (sometimes) worked remotely. One of the main factors explaining the different prevalence of teleworking in EU countries is the differences in the structure of economic sectors. In countries, where the share of employees in high-tech and science-intensive sectors is higher, teleworking is also more prevalent. Teleworking can increase workers’ productivity, reduce costs (such as transport), but it can also increase income uncertainty and can lead to an uneven workload, as well as leading to changes in labor demand and supply across sectors, occupational groups, and regions. Too much teleworking can reduce employee
efficiency and long-term productivity gains, therfore the challenge for the future is to find the optimal balance between teleworking and «traditional» work.

The article deals with the assessments of the trends in the development of remote work in the EU and Latvia, the factors contributing and limiting its spread, as well as the impact of teleworking on the economy. It was investigated the nature of teleworking, its varieties and dynamics during the last decade, the impact of teleworking on productivity (worker efficiency) etc. As a result of the analysis, the advantages and disadvantages of teleworking for employers, employees and the state were identified, as well as the most important problems of teleworking and policies to improve the situation were described. It has been concluded that one of the main policies should be to enhance digital knowledgeability and skills in society as a whole, with particular emphasis on certain target groups (e.g., the seniors, people with disabilities, etc.). The lack of social support infrastructure for employees, such as childcare facilities, is another challenge for increasing teleworking, especially among women.

Keywords: telework, Covid-19 pandemic, Baltic States, labor market, productivity, structural transformation

List of references

1.     Barānovs, O., Salmiņš, J., & Skribāne, I. (2021). Impact of teleworking on productivity and structural changes. Retrieved from: https://doi.org/10.22364/ltpepii.09 [in Latvian].

2.     Bloom, N. (2020). How working from home works out. Stanford Institute for Economic Policy Research (SIEPR). siepr.stanford.edu. Retrieved from: https://siepr.stanford.edu/research/publications/how-working-ho­me-works-out [in English].

  3.     Brie, W.R. (2020). What Is a Remote Job? FlexJobs. flexjobs.com. Retrieved from: https://www.flexjobs.com/blog/post/what-is-a-remote-job [in English].

  4.     Buceniece, A. (2020). Working from home during a pandemic, productivity declines. swedbank-research.com. Retrieved from: https://www.swedbank-research.com/latvian/swedbankpetijumi/2020/20-12-18/_attlintais_darbs/index.csp [in Latvian].

  5. CSB (2020). Number of Teleworkers. www.csp.gov.lv. Retrieved from: https://www.csb.gov.lv/en/statistics/covid19/Employees-working-remotely [in English].

 6.     Employers’ Confederation of Latvia (2021). On teleworking and social dialogue – conclusions from the international conference of social partners. lddk.lv. Retrieved from: https://lddk.lv/en/aktualitate/news-en/telework/ [in English].

 7. Eurofound (2020). Living, working and COVID-19 dataset, Dublin.  eurofound.europa.eu. Retrieved from: http://eurofound.link/covid19data [in English].

  8.     Eurostat (2021). ec.europa.eu. Retrieved from: https://ec.europa.eu/eurostat/data/database [in English].

  9.     Guatieri, S. (2020). Will RemoteWork Change the Economy Remotely? economics.bmo.com. Retrieved from: https://economics.bmo.com/en/publications/detail/ e5e9ccfa-a20d-4a58-b703-9a3f5bde6d00/ [in English].

10.     ILO (2020). An employers’ guide on working from home in response to the outbreak of COVID-19. ilo.org/global/lang--en. Retrieved from: https://www.ilo.org/actemp/publications/WCMS_745024/lang--en/index.htm [in English].

11.     Meunier, J. (2020). Remote Work: the Future of Work. allwork.space. Retrieved from: https://allwork.space/2020/09/what-does-working-remotely-mean/ [in English].

12.     Neiman, B. (2020). What a way to make a living. Covid-19 has forded a radical shift in working habits. economist.com. Retrieved from: https://www.economist.com/briefing/2020/09/12/covid-19-has-forced-a-radical-shift-in-working-habits [in English].

  13.     OECD (2020). Productivity gains from teleworking in the post COVID-19 era: How can public policies make it happen? oecd.org. Retrieved from: https://read.oecd-ilibrary.org/view/?ref=135_135250-u15liwp4jd&title=Productivity-gains-from-teleworking-in-the-post-COVID-19-era [in English].

  14. The Labor Protection Law (2001). likumi.lv. Retreved from: https://likumi.lv/ta/id/26020-darba-aizsardzibas-likums [in Latvian].

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

 

Keywords: economics , international economic relations , accounting , taxation , finance , banking , insurance , stock market , management , public management and administration , marketing , trade , tourism and recreation
Key information:
ISSN (print): 2411-4413
DOI: 10.37128
All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.
 
The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.
 
The journal’s objectives are:
 • publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;
• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;
• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;
• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;
• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;
• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;
• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;
• integration of scientific research results into the international scientific space and increasing the level of scientific communication.
Publisher: Vinnytsia National Agrarian University
Link to the journal on the publisher’s website: ”Economics, finance, management: topical issues of science and practical activity”
Frequency of issue: 4 times a year.
Language of publication: Ukrainian, English.
Editor-in-Chief: Inna Honcharuk
State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.
Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413
Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413
The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)
History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).