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

SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 4 (70)

Published: 2025.02.22

DOI: 10.37128/2411-4413-2024-4

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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THEORETICAL ASPECTS OF THE SYNERGY OF MACRO- AND MICROECONOMIC PROCESSES IN A PERIOD OF ECONOMIC INSTABILITY

DOI: 10.37128/2411-4413-2024-4-8

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ZGHADOVA Nataliiy – Candidate of Economic Sciences, Associate Professor, Head of the Department of Economic Theory and Financial and Economic Security, Odessa National Technological University (65039, Odessa, 112, Kanatna Str., e-mail: nataliz_225@ukr.net).

RABOTIN Yuriy – Candidate of Economic Sciences, Associate Professor of the Department of Economic Theory and Financial and Economic Security, Odessa National Technological University (65039, Odessa, 112, Kanatna Str., e-mail: rabotin.yuriy1956@gmail.com).

PAVLENKO Anna – Senior Lecturer of the Department of Economic Theory and Financial and Economic Security, Odessa National Technological University (65039, Odessa, 112, Kanatna Str., e-mail: pavlenko_1991@ukr.net).

Annotation

The article examines the interconnection of macro- and microeconomic processes in times of economic instability, which is a key factor in the formation of a sustainable economic system. The authors analyze the impact of macroeconomic changes, such as inflation, currency fluctuations fiscal and monetary policy, on microeconomic entities, such as enterprises, households and financial institutions. It is determined that instability at the macro level can lead to adaptation strategies at the micro level, including cost optimization, changes in business models and diversification of production activities.

Considerable attention is paid to the analysis of synergy mechanisms between macro- and microeconomic processes that contribute to strengthening the anti-crisis resilience of the economy. The role of state regulation and institutional factors in ensuring a favourable environment for business in the face of economic shocks is emphasized. The approaches to harmonizing the interaction of macro- and micro-levels through stimulating innovation, developing digital technologies, supporting small and medium-sized businesses, and strengthening integration processes are proposed.

The role of the financial sector in maintaining economic equilibrium and mechanisms to increase the resilience of the banking system in the face of instability are investigated. It is found that adaptive strategies of the enterprises can be effective under the condition of appropriate macroeconomic policy aimed at creating a stable investment climate and expanding access to credit resources. The article also considers the socio-economic impact of the crisis on employment and welfare, and emphasizes the importance of state support in ensuring social cohesion and economic security.

The results of the study confirm that the effective synergy between macro- and microeconomic processes helps to minimize the negative effects of crises and create preconditions for sustainable development. The proposed recommendations can be used to develop economic policy strategies aimed at increasing the competitiveness and adaptability of the national economy and ensuring its dynamic growth.

Keywords: economic equilibrium, economy, macro- and microeconomic processes, economic crisis, employment, inflation, labour market, strategy, synergy

List of references

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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:

History of the 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).