Abstract: This article considers the problems of economic growth
and Russian energy strategy. Also in this paper, the issues related to
the economic growth prospects of Russian were discussed. Russian
energy strategy without standing Russia`s stature in global energy
markets, at the current production and extraction rates, will not be able
to sustain its own production as well as fulfil its energy strategy.
Indeed, Russia’s energy sector suffers from a chronic lack of
investments which are necessary to modernize its energy supply
system. In recent years, especially since the international financial
crisis, Russia-EU energy cooperation has made substantive progress.
Recently the break-through progress has been made, resulting mainly
from long-term contributing factors between the countries and recent
international economic and political situation changes. Analytical
material presented in the article is intended for a more detailed or
substantive analysis related to foreign economic relations of the
countries and Russia as well.
Abstract: This paper analyzes the institutionalization of social
protest in Spain. In the current crisis Podemos party seems to
represent the political positions of the most affected citizens by the
economic situation. It studies using quantitative techniques (statistical
bivariate analysis), focusing on the exploitation of several bases of
statistics data from the Center for Sociological and Research of
Spanish Government, 15M movement characterization to its
institutionalization in the Podemos party. Making a comparison
between the participant's profile by the 15M and the social bases of
Podemos votes. Data on the transformation of the socio-demographic
profile of the fans, connoisseurs and 15M participants and voters are
given.
Abstract: This paper deals with using of prevailing operation
system MS Office (SmartArt...) for mathematical models, using
DYVELOP (Dynamic Vector Logistics of Processes) method. It
serves for crisis situations investigation and modelling within the
organizations of critical infrastructure. In first part of paper, it will be
introduced entities, operators, and actors of DYVELOP method. It
uses just three operators of Boolean algebra and four types of the
entities: the Environments, the Process Systems, the Cases, and the
Controlling. The Process Systems (PrS) have five “brothers”:
Management PrS, Transformation PrS, Logistic PrS, Event PrS and
Operation PrS. The Cases have three “sisters”: Process Cell Case,
Use Case, and Activity Case. They all need for the controlling of
their functions special Ctrl actors, except ENV – it can do without
Ctrl. Model´s maps are named the Blazons and they are able
mathematically - graphically express the relationships among entities,
actors and processes. In second part of this paper, the rich blazons of
DYVELOP method will be used for the discovering and modelling of
the cycling cases and their phases. The blazons need live PowerPoint
presentation for better comprehension of this paper mission. The
crisis management of energetic crisis infrastructure organization is
obliged to use the cycles for successful coping of crisis situations.
Several times cycling of these cases is necessary condition for the
encompassment for both emergency events and the mitigation of
organization´s damages. Uninterrupted and continuous cycling
process brings for crisis management fruitfulness and it is good
indicator and controlling actor of organizational continuity and its
sustainable development advanced possibilities. The research reliable
rules are derived for the safety and reliable continuity of energetic
critical infrastructure organization in the crisis situation.
Abstract: Increase of emergency incidents and crisis situations
requires proactive crisis management of authorities and for its
solution. Application Business Continuity Management helps the
crisis management authorities to quickly and responsibly respond to
threats. It also helps effectively and efficiently planning powers and
resources. The main goal of this article is describing Military
Continuity Management System (MCMS) based on the principles of
Business Continuity Management System (BCMS) for dealing with
floods in the territory of the selected municipalities. There are
explained steps of loading, running and evaluating activities in the
software application MCMS. Software MCMS provides complete
control over the tasks, contribute a comprehensive and responsible
approach solutions to solution floods in the municipality.
Abstract: Education and practical training crisis management
members are a topical issue nowadays. The paper deals with the
perspectives and possibilities of "smart solutions" to education for
crisis management staff. Currently, there is a large number of
simulation tools, which notes that they are suitable for practical
training of crisis management staff. The first part of the paper is focused on the introduction of the
technology simulation tools. The simulators aim is to create a
realistic environment for the practical training of extending units of
crisis staff. The second part of the paper concerns the possibilities of using the
simulation technology to the education process. The aim of this
section is to introduce the practical capabilities and potential of the
simulation programs for practical training of crisis management staff.
Abstract: The paper is focused on the application of the security
audit method on the selected objects of the critical infrastructure. The
emphasis is put on security audit method to find gaps in the critical
infrastructure security. The theoretical part describes objects of the
critical infrastructure. The practical part describes using of the
security audit method. The main emphasis was put on the protection
of the critical infrastructure in the Czech Republic.
Abstract: This paper focuses on the questions raised through the
work of Unit 5: ‘In/Out Crisis, emergent and adaptive’; an
architectural research-based studio at [ARC] University of Nicosia. Students were asked to delve into state of Art Technologies in
order to propose sustainable Emergent and Adaptive Architectures
and Urbanities, the resulting unprecedented spatial conditions and
atmospheres of the emergent new ways of living are deemed to be the
ultimate aim of the investigation. Students explored a variety of sites
and crisis conditions seen through their primary ingredient identified
as soil, water and air and their paired combination. Within this
methodology, crisis is seen as a mechanism for allowing an
emergence of new and fascinating ultimate sustainable future cultures
and cities by taking advantage of the primary materiality of the sites.
Abstract: At a global level, water stewardship, water stress and
water security are crucial factors in tourism planning and
development considerations. Challenges associated with water is of
particular concern to the Maldives as there is limited availability of
freshwater, high dependency on desalinated water, and high unit cost
associated with desalinating water. While the Maldives is promoted
as an example of sustainable tourism, a key sustainability challenge
facing tourism dependent communities is the efficient use and
management of available water resources. A water crisis event in the
capital island of Maldives highlighted how precarious water related
issues are in this tourism dependent destination. Applying
netnography, the focus of this working paper is to present community
perceptions of how government policies addressed Malé Water and
Sewerage Company (MWSC) water crisis event.
Abstract: The traditional rhythms of the West African country
of Guinea have played a centuries-long role in defining the different
people groups that make up the country. Throughout their history,
before and since colonization by the French, the different ethnicities
have used their traditional music as a distinct part of their historical
identities. That is starting to change. Guinea is an impoverished
nation created in the early twentieth-century with little regard for the
history and cultures of the people who were included. The traditional
rhythms of the different people groups and their heritages have
remained. Fifteen individual traditional Guinean rhythms were
chosen to represent popular rhythms from the four geographical
regions of Guinea. Each rhythm was traced back to its native village
and video recorded on-site by as many different local performing
groups as could be located. The cyclical patterns rhythms were
transcribed via a circular, spatial design and then copied into a box
notation system where sounds happening at the same time could be
studied. These rhythms were analyzed for their consistency-overperformance
in a Fundamental Rhythm Pattern analysis so rhythms
could be compared for how they are changing through different
performances. The analysis showed that the traditional rhythm
performances of the Middle and Forest Guinea regions were the most
cohesive and showed the least evidence of change between
performances. The role of music in each of these regions is both
limited and focused. The Coastal and High Guinea regions have
much in common historically through their ethnic history and
modern-day trade connections, but the rhythm performances seem to
be less consistent and demonstrate more changes in how they are
performed today. In each of these regions the role and usage of music
is much freer and wide-spread. In spite of advances being made as a
country, different ethnic groups still frequently only respond and
participate (dance and sing) to the music of their native ethnicity.
There is some evidence that this self-imposed musical barrier is
beginning to change and evolve, partially through the development of
better roads, more access to electricity and technology, the nationwide
Ebola health crisis, and a growing self-identification as a
unified nation.
Abstract: In the last decade the emergence of new social needs
as an effect of the economic crisis has stimulated the flourishing of
business endeavours characterised by explicit social goals. Social
start-ups, social enterprises or Corporate Social Responsibility
operations carried out by traditional companies are quintessential
examples in this regard. This paper analyses these kinds of initiatives
in order to discover the main characteristics of social business models
and to provide insights to social entrepreneurs for developing or
improving their strategies. The research is conducted through the
integration of literature review and case study analysis and, thanks to
the recognition of the importance of both profits and social impacts
as the key success factors for a social business model, proposes a
framework for identifying indicators suitable for measuring the social
impacts generated.
Abstract: In this work, we attempt to associate firm
characteristics with innovative activity. We collect microdata from
listed firms of selected Eurozone Country-members, after the
beginning of 2007 financial crisis. The following literature, several
indicators of growth and performance were selected and tested for
their ability to interpret innovative activity. The main scope is to
examine the possible differences in performance and growth between
innovative and non-innovative firms, during a severe recession.
Additionally to that, a special focus will be held on whether
macroeconomic performance and national innovation system,
determines the extent of innovators' performance. Preliminary
findings, through correlation matrices and non-parametric tests,
strongly indicate the positive relation between innovative activity and
most of the measures used (profitability, size, employment),
confirming that even during a recessionary period, innovative firms
not only survive but also seem to succeed better economic results in
almost all indexes relative to non-innovative. However, even though
innovators seem to perform better in all economies examined, the
extent of that performance seems to be strongly affected by the
supportive mechanisms (financial and structural) that their country
provides. Thus, it is clear, that the technologically intensive 'gap'
between European South and North, during the economic crisis,
became chaotic, due to the harsh austerity measures and reduced
budgets in those countries, even in sectors with high potentials in
economic activity and employment, impairing the effects of crisis and
enhancing the vicious circle of recession.
Abstract: At the present time, awareness, education, computer
simulation and information systems protection are very serious and
relevant topics. The article deals with perspectives and possibilities of
implementation of emergence or natural hazard threats into the
system which is developed for communication among members of
crisis management staffs. The Czech Hydro-Meteorological Institute
with its System of Integrated Warning Service resents the largest
usable base of information. National information systems are connected to foreign systems,
especially to flooding emergency systems of neighboring countries,
systems of European Union and international organizations where the
Czech Republic is a member. Use of outputs of particular information
systems and computer simulations on a single communication
interface of information system for communication among members
of crisis management staff and setting the site interoperability in the
net will lead to time savings in decision-making processes in solving
extraordinary events and crisis situations. Faster managing of an
extraordinary event or a crisis situation will bring positive effects and
minimize the impact of negative effects on the environment.
Abstract: Despite the financial crisis and ongoing need for cost
cutting, companies all around the world heavily invest in Information
Systems (IS) and underlying Information Technology (IT).
Proliferation of governance of enterprise IT helps companies manage,
or rather, governs IS as a primary business function with executive
management involved in making decision about IS and IT. The
business value of IT is raising with the involvement of the executive
management in IT decision making process and quality IT
governance mechanisms in place. In this paper the practice of
governing the enterprise IT will be investigated on a sample of the
largest 100 Croatian companies. Research questions posed here will
reveal if there are some formal IT governance mechanisms, are there
any differences in perceived role of IS and IT between CIOs (Chief
Information Officers) and CEOs (Chief Executive Officers) of the
sampled companies and what are the mechanisms to govern massive
investment in enterprise IT.
Abstract: This study analyzes the critical gaps in the
architecture of European stability and the expected role of the
banking union as the new important step towards completing the
Economic and Monetary Union that should enable the creation of
safe and sound financial sector for the euro area market. The single
rulebook together with the Single Supervisory Mechanism and the
Single Resolution Mechanism - as two main pillars of the banking
union, should provide a consistent application of common rules and
administrative standards for supervision, recovery and resolution of
banks – with the final aim of replacing the former bail-out practice
with the bail-in system through which possible future bank failures
would be resolved by their own funds, i.e. with minimal costs for
taxpayers and real economy. In this way, the vicious circle between
banks and sovereigns would be broken. It would also reduce the
financial fragmentation recorded in the years of crisis as the result of
divergent behaviors in risk premium, lending activities and interest
rates between the core and the periphery. In addition, it should
strengthen the effectiveness of monetary transmission channels, in
particular the credit channels and overflows of liquidity on the money
market which, due to the fragmentation of the common financial
market, has been significantly disabled in period of crisis. However,
contrary to all the positive expectations related to the future
functioning of the banking union, major findings of this study
indicate that characteristics of the economic system in which the
banking union will operate should not be ignored. The euro area is an
integration of strong and weak entities with large differences in
economic development, wealth, assets of banking systems, growth
rates and accountability of fiscal policy. The analysis indicates that
low and unbalanced economic growth remains a challenge for the
maintenance of financial stability and this problem cannot be
resolved just by a single supervision. In many countries bank assets
exceed their GDP by several times and large banks are still a matter
of concern, because of their systemic importance for individual
countries and the euro zone as a whole. The creation of the Single
Supervisory Mechanism and the Single Resolution Mechanism is a
response to the European crisis, which has particularly affected
peripheral countries and caused the associated loop between the
banking crisis and the sovereign debt crisis, but has also influenced
banks’ balance sheets in the core countries, as the result of crossborder
capital flows. The creation of the SSM and the SRM should
prevent the similar episodes to happen again and should also provide
a new opportunity for strengthening of economic and financial
systems of the peripheral countries. On the other hand, there is a
potential threat that future focus of the ECB, resolution mechanism
and other relevant institutions will be extremely oriented towards
large and significant banks (whereby one half of them operate in the
core and most important euro area countries), and therefore it remains
questionable to what extent will the common resolution funds will be used for rescue of less important institutions. Recent geopolitical
developments will be the optimal indicator to show whether the
previously established mechanisms are sufficient enough to maintain
the adequate financial stability in the euro area market.
Abstract: Research Objectives: The roles and activities of
Human Resource Management (HRM) have changed a lot in the past
years. Driven by a changing environment and therefore new business
requirements, the scope of human resource (HR) activities has
widened. The extent to which these activities should focus on
strategic issues to support the long term success of a company has
been discussed in science for many years. As many economies of
Central and Eastern Europe (CEE) experienced a phase of transition
after the socialist era and are now recovering from the 2008 global
crisis it is needed to examine the current state of HR positioning.
Furthermore a trend in HR work developing from rather
administrative units to being strategic partners of management can be
noticed. This leads to the question of better understanding the
underlying competencies which are necessary to support
organisations. This topic was addressed by the international study
“HR Competencies in international comparison”. The quantitative
survey was conducted by the Institute for Human Resources &
Organisation of FHWien University of Applied Science of WKW (A)
in cooperation with partner universities in the countries Bosnia-
Herzegovina, Croatia, Serbia and Slovenia. Methodology: Using the
questionnaire developed by Dave Ulrich we tested whether the HR
Competency model can be used for Austria, Bosnia and Herzegovina,
Croatia, Serbia and Slovenia. After performing confirmatory and
exploratory factor analysis for the whole data set containing all five
countries we could clearly distinguish between four competencies. In
a further step our analysis focused on median and average
comparisons between the HR competency dimensions. Conclusion:
Our literature review, in alignment with other studies, shows a
relatively rapid pace of development of HR Roles and HR
Competencies in BCSS in the past decades. Comparing data from
BCSS and Austria we still can notice that regards strategic orientation
there is a lack in BCSS countries, thus competencies are not as
developed as in Austria. This leads us to the tentative conclusion that
HR has undergone a rapid change but is still in a State of Transition
from being a rather administrative unit to performing the role of a
strategic partner.
Abstract: Cyber exercises used to assess the preparedness of a
community against cyber crises, technology failures and Critical
Information Infrastructure (CII) incidents. The cyber exercises also
called cyber crisis exercise or cyber drill, involved partnerships or
collaboration of public and private agencies from several sectors.
This study investigates Organisation Cyber Resilience (OCR) of
participation sectors in cyber exercise called X Maya in Malaysia.
This study used a principal based cyber resilience survey called CSuite
Executive checklist developed by World Economic Forum in
2012. To ensure suitability of the survey to investigate the OCR, the
reliability test was conducted on C-Suite Executive checklist items.
The research further investigates the differences of OCR in ten
Critical National Infrastructure Information (CNII) sectors
participated in the cyber exercise. The One Way ANOVA test result
showed a statistically significant difference of OCR among ten CNII
sectors participated in the cyber exercise.
Abstract: In the years followed independence, an economic
crisis and some conflicts led to the displacement of many people
inside Georgia. The growing poverty, unemployment, low income
and its unequal distribution limited access to basic social service have
had a clear direct impact on Georgian population dynamics and its
age-sex structure. Factors influencing the changing population age
structure and urbanization include mortality, fertility, migration and
expansion of urban. In this paper presents the main factors of
changing the distribution by urban and rural areas. How different are
the urban and rural age and sex structures? Does Georgia have the
same age-sex structure among their urban and rural populations since
1950s?
Abstract: The main objective of this article is to examine the
impact of interest rates on investments in Poland in the context of
financial crisis. The paper also investigates the dependence of bank
loans to enterprises on interbank market rates. The article studies the
impact of interbank market rate on the level of investments in Poland.
Besides, this article focuses on the research of the correlation
between the level of corporate loans and the amount of investments
in Poland in order to determine the indirect impact of central bank
interest rates through the transmission mechanism of monetary policy
on the real economy. To achieve the objective we have used
econometric and statistical research methods like: econometric model
and Pearson correlation coefficient.
This analysis suggests that the central bank reference rate
inversely proportionally affects the level of investments in Poland
and this dependence is moderate. This is also important issue because
it is related to preparing of Poland to accession to euro area. The
research is important from both theoretical and empirical points of
view. The formulated conclusions and recommendations determine
the practical significance of the paper which may be used in the
decision making process of monetary and economic authorities of the
country.
Abstract: The popularity of quality management system models
continues to grow despite the transitional crisis in 2008. Their
development is associated with demands of the new requirements for
entrepreneurs, such as risk analysis projects and more emphasis on
supervision of outsourced processes. In parallel, it is appropriate to
focus attention on the selection of companies aspiring to a quality
management system. This is particularly important in the automotive
supplier industry, where requirements transferred to the levels in the
supply chain should be clear, transparent and fairly satisfied. The
author has carried out a series of researches aimed at finding the
factors that allow for the effective implementation of the quality
management system in automotive companies. The research was
focused on four groups of companies: 1) manufacturing (parts and
assemblies for the purpose of sale or for vehicle manufacturers), 2)
service (repair and maintenance of the car) 3) services for the
transport of goods or people, 4) commercial (auto parts and vehicles).
The identified determinants were divided into two types of criteria:
internal and external, as well as hard and soft. The article presents the
hard – technical factors that an automotive company must meet in
order to achieve the goal of the quality management system
implementation.
Abstract: In this study, one of the tools of Islamic financing
known as “Sukuk” a non-interest bearing investment which has
started to be implemented in Turkey and the world as a whole is
discussed. In order to increase the vitality and efficiency of the
economy, by taking lessons from the recent economic crisis new
developments in the banking and investment sector are being
expanded. The purpose of all investors is to obtain more revenue
through the use of capital. The inability of traditional investment
tools to meet the expectations of investors and the interest based
financial system where one investor benefits at the expense of
another there has been the need for a different, reliable and noninterest
bearing financial market that is consistent with the Islamic
rule. As a result an alternative and more reliable interest free
financing tool “Sukuk” rental certificates covering people who are
sensitive to Islamic rules, appeal to all segments, hidden remaining
capital that contributes to the economy, reduce disparities in income
distribution, common risk sharing system of profit and loss sharing
has emerged. Today, for the structural countries by examining the
state of the world market economy the applicability, enactment and
future issues associated with this attractive kind of Islamic finance
namely the “Sukuk” market has been explained.