No 3 (2025)
- Year: 2025
- Articles: 50
- URL: https://ogarev-online.ru/2500-3747/issue/view/25334
- DOI: https://doi.org/10.58224/2500-3747-2025-3
Full Issue
Articles
Characteristics of integrated economic communications in the mining industry
Abstract
the characteristics of integrated marketing communications in different countries have aroused the curiosity of both scientists, analysts and experts. These differences are profound, and they are evident not only in the instruments used by different regions, but also in the instruments used by neighboring countries. The course of action is strongly influenced by the cultural norms and values prevailing in a given country. The success of a company operating in the United States is inextricably linked to its marketing communications strategy. In fact, the foundation of a thriving business is not its registration, but the proper use of marketing tools. Both in the United States and in Russia, a lot of literature has been published on marketing practices. In the United States, the importance of marketing is often considered more significant than the product or service offered by the company itself. The failures of many unsuccessful companies can be attributed to a lack of understanding and insufficient investment in marketing efforts. Unfortunately, it is a common misconception among business owners to allocate the remaining funds for marketing communications, even if they are included in the business plan. This approach is fundamentally wrong and may eventually lead to the decline of the company. It is much more reasonable to prioritize marketing expenses rather than dealing with the consequences of overstocking unsold goods or forcibly closing an office or store. It is extremely important to recognize that the Western market differs significantly from the Russian one, and many people do not understand this fact.
Modern Economy Success. 2025;(3):7-13
7-13
Modeling the development of the tourism industry in the Arctic territories
Abstract
the aim of the study is to develop a methodology for comparative analysis of the development of the tourism industry in the Arctic tourism region of the country based on a mathematical model of the development of the tourism industry in the Arctic territories. The model was tested using the example of the Arctic territories of the USA (Alaska) and Russia (Murmansk region). Methods: autoregressive distributed lag model (ADL model), methods of correlation-regression analysis, allowing to forecast indicators of economic development of Arctic tourist regions. The analysis is carried out using MS Excel and IBM SPSS Statistics data processing software. Findings: the study presents a methodology for comparative analysis of tourism industry development in the Arctic tourism region of countries. An ADL model for tourism industry development in Arctic territories has been developed and tested, allowing for forecasting of economic development indicators in Arctic tourism regions. The ADL model was tested using data from the Murmansk region (Russia) and Alaska (US Arctic territory). Conclusions: The developed mathematical model allows for a comparative analysis of the development of the tourism industry in the Arctic territories of different countries. A comparative analysis of the development of the tourism industry in the Arctic territories of the USA (Alaska) and Russia has been carried out.
Modern Economy Success. 2025;(3):14-23
14-23
Reduction of preferential mortgages as a financial mechanism for stagnation of the market for construction and sale of apartment buildings
Abstract
the study analyzes the dynamics of the Russian mortgage market in 2024 and its impact on housing prices from developers. Based on data from the Central Bank of the Russian Federation, the Ministry of Construction and DOM.RF for the first half of 2024, key trends were identified: an 18% increase in the volume of mortgages issued, a decrease in the average weighted rate to 8.3%, and an acceleration in price growth for new buildings to 12%. The research methods included a comparative analysis of statistics, regression models for assessing the correlation between rates and prices, and predictive modeling. It was found that preferential programs (for example, "Family Mortgage") provided up to 60% of demand for new buildings, but at the same time stimulated price growth by 8-12%, creating an "overheating effect" of the market. Significant regional differences were revealed: in the Far Eastern Federal District, prices grew by 10-12% due to state support, while in Moscow, growth slowed to 4% due to demand saturation. Trends in the second half of 2024 indicate risks of reduced housing affordability due to the tightening of the maximum debt burden (MDB) to 60% and the reduction of preferential quotas. The results of the study can be used to adjust government programs and developer strategies. Key conclusion: the balance between credit availability and price control requires a differentiated approach to the regions and increased regulation in the economy class segment. Reducing preferential mortgages is a targeted financial mechanism that reduces inflationary pressure by limiting demand, but at the same time provokes stagnation in the primary apartment housing market through falling sales, leading to a reduction in active construction, an increase in the number of unfinished projects and a deterioration in the financial condition of developers.
Modern Economy Success. 2025;(3):24-30
24-30
Modern aspects of the formation of economic competence of teaching staff
Abstract
the article examines modern approaches to the formation of economic competence of teaching staff in the context of the reform of the education system and the digital transformation of society. The key factors influencing the economic literacy of teachers are analyzed, including the development of financial culture, the integration of economic education into teaching practice and the use of digital technologies. The ways of increasing economic competence through professional development, additional educational programs and the introduction of interactive teaching methods are proposed.
Modern Economy Success. 2025;(3):31-36
31-36
Improving competitiveness through customer-centricity (using the example of the service sector)
Abstract
the aim of the work is to develop a methodology for improving the competitiveness of a service enterprise through a customer-oriented approach. The object of the study is the competitiveness of a service industry enterprise. The subject of the study is the methods of customer orientation of a service industry enterprise. The paper explores approaches and methods of competitiveness formation due to customer orientation in the works of Russian and foreign authors of different years. In the course of the theoretical analysis, the content of the concept of "competitiveness" was supplemented, and conclusions were drawn about the insufficient elaboration of a client-oriented approach in the most relevant studies on the competitiveness of service enterprises. The article develops a methodology for improving the competitiveness of a service sector enterprise by focusing on the customer. The methodology involves implementing five stages with their own tasks and evaluation criteria to increase demand for services, followed by comparing the results achieved with the basic values of the main indicators. In conclusion, it is concluded that this technique can be most useful for enterprises where there is the closest connection between the consumer and the enterprise and there is feedback.
Modern Economy Success. 2025;(3):37-42
37-42
Correlation and regression analysis of the formation and execution of the budget of the Perm region
Abstract
fiscal policy is a key tool for managing the economy, and its analysis makes it possible to identify the dependencies between various economic indicators and budgetary parameters. The relevance of this topic is due to the need for a deep understanding of the financial processes of the region in a changing economic situation. The purpose of the study is to conduct a correlation and regression analysis that will help determine the impact of factors on the formation and execution of the budget of the Perm region in 2019-2023 with a forecast for 2025-2027.
Modern Economy Success. 2025;(3):43-50
43-50
Optimization model of multimodal cargo transportation in international transport corridors
Abstract
the purpose of the article is to develop a model of multimodal freight transportation in order to optimize the functioning of the international transport corridor. Methodology. The methodology of this article is based on theoretical and practical approaches formed within the framework of the theory of transport flow. To achieve the goal, the work used the method of mathematical modeling and the method of representing transport flows based on graph theory. Results. The author proposed a model of transportation activity, based on the variable possibilities of solving the transport task, aimed at optimizing the process of multimodal cargo transportation. The matrix approach proposed by the author makes it possible to increase the efficiency of analytical activities in the field of logistics, connected with the organization of multimodal transportation, allows to create electronic tables that, when entering the necessary parameters, in an automated mode, solve tasks related to the need to find the most efficient option for cargo transportation. Conclusions. The approach proposed in this article is distinguished by its simplicity, in fact, each transport organization has the ability to independently create the necessary information system for the logistics management of cargo transportation with minimal expenditure of financial and time resources.
Modern Economy Success. 2025;(3):51-58
51-58
Economic efficiency of the introduction of digital educational technologies in educational institutions
Abstract
in the context of the digital transformation of the economy, the introduction of digital educational technologies into the educational process is becoming important. This contributes to improving the quality of education, reducing the cost of educational resources and increasing the competitiveness of educational institutions. This study analyzes the economic efficiency of the introduction of digital technologies, assessing the financial and non-financial benefits of their use. A comparative analysis of the traditional and digital learning models is carried out, data on changes in the costs of the educational process and the results of the introduction of digital solutions are presented.
Modern Economy Success. 2025;(3):59-65
59-65
Comprehensive analytical assessment of the parameters of socio-economic and innovative development of the mining industry of the Russian Federation
Abstract
the purpose of the work is to identify and compare current trends in the socio–economic and innovative development of Russian extractive industries. Methods: comparative analysis, synthesis, grouping. Findings: this article evaluates the contribution of the extractive industry to the economy of the Russian Federation, analyzes key parameters of socio-economic and innovative development of industry enterprises, compares them, identifies current trends, hypotheses are put forward and proves the existence of synchronous changes in economic characteristics and indicators of innovation activity in the Russian Federation. A set of mining companies is identified, problematic and promising areas of innovation activity are identified. Conclusions: the identified trends in socio-economic and innovative development indicators, the presence of interrelations in the dynamics of their change, the identification and grouping of current industry problems is of strategic importance, given the role of the extractive industry in the national economy, ensuring security and technological sovereignty of Russia in the face of new challenges.
Modern Economy Success. 2025;(3):66-75
66-75
Principles and methods of managing innovations in intelligent supply chain services
Abstract
the article describes the principles and methods of managing innovations in intelligent supply chains aimed at enhancing the efficiency, flexibility, and sustainability of business processes. Methods. Based on monographic analysis, key factors contributing to the successful implementation of innovative services in supply chains were identified. General principles of optimizing the management of innovative services in intelligent supply chains, such as flexibility, transparency, integration, data orientation, sustainability, and innovativeness, are thoroughly considered. Results. The methods of managing innovations in intelligent supply chain services are detailed (big data analysis, machine learning, IoT, blockchain, logistics optimization, risk management, process coordination and automation). Conclusions. The principle of human-centeredness is proposed for implementation, implying the necessity of subordinating modern automation and robotics processes to humans, not vice versa. Implementing this principle will provide an opportunity to create an innovative supply chain management structure based on corporate, social, and environmental responsibility.
Modern Economy Success. 2025;(3):76-83
76-83
On the issue of technology for developing strategic management decisions
Abstract
the aim of the study is to analyze the technology of development and the model of adoption of strategic management decisions. Methods: the methods used in the presented study are economic methods of assortment, competitive, resource and investment analysis, the monographic method and the comparison method. Findings: the study developed a technology for developing strategic management decisions, identified and presented the qualities of a key performance indicator, demonstrated technologies for strategic decisions, and developed a model for making strategic management decisions. Conclusions: the technology of developing a strategic management decision is based on the definition of strategic interests underlying the development of a company's strategy; the qualities of a key performance indicator include measurability, comparability and consistency; when choosing strategic technologies, a diagnosis of the external and internal environment is carried out, as well as the selection of competitive positions and resource potential; the model for making strategic decisions includes decisions on the range of products (goods), decisions on pricing, decisions on business restructuring and decisions on capital investments.
Modern Economy Success. 2025;(3):84-90
84-90
Development of innovative technologies in the banking sector
Abstract
with the advent of the digital economy era, the development of innovative technologies has contributed to the emergence of new market competition and forms of doing business in the banking sector, but also had a profound impact on the methods of consuming financial services by clients, which put forward a revision of the tools and methodology of traditional commercial banks. In order to study the impact of financial technologies on the income and operational risks of commercial banks, the experience of Sberbank PJSC, Alfa-Bank JSC and VTB Bank PJSC for the period from 2021 to 2024 was studied. Most researchers have studied in detail the impact of innovative technologies on the profitability of commercial banks. The main areas of improving the efficiency of the banking sector include optimizing the business structure, reducing labor costs, optimizing the decision-making process, and improving information exchange. Today in Russia, in the context of the banking sector, there is an increase in the use of such innovative technologies as mobile interfaces, cloud technologies, process robotics, cognitive technologies, machine learning, the Internet of Things, quantum computing. The use of big data in the innovative development of Sberbank PJSC, Alfa-Bank JSC and VTB Bank PJSC contributes to digital transformation. Today, digital products and services make it possible to significantly reduce the use of human resources in domestic banks.
Modern Economy Success. 2025;(3):91-96
91-96
Methodological aspects of determining the degree of innovative development of regions based on the effectiveness of implementing innovative policy
Abstract
the aim of this study is to develop a methodological framework for analyzing the innovation potential of regions, assessed based on the effectiveness of implementing innovation policy. Methods: the study is based on a comprehensive methodological approach, including statistical data analysis, the use of expert assessments, rating systems, and data clustering. Additionally, a comparative analysis method is applied to gain a detailed understanding of innovation activity in regions with varying levels of development, providing deeper insights into innovation processes. Results: a system-oriented methodology has been developed, allowing the assessment of the level of innovation development in regions (IDR) through the effectiveness of implementing innovation strategies and taking into account the dynamics of socio-economic indicators. Conclusions: the development and testing of methodological tools for assessing innovation development at regional and federal levels are considered necessary to achieve strategic goals in the field of innovation. Updating the scientific and methodological base of strategic planning contributes to improving the effectiveness of innovation policies and enhancing the forecasting of socio-economic effects.
Modern Economy Success. 2025;(3):97-107
97-107
Economic education in the digital age
Abstract
this article is devoted to the study of the specifics of economic education in the context of the active development of digital technologies, the deep penetration of the Internet into educational processes and the transformation of the requirements for the training of modern economists. The paper examines the main trends in the digital transformation of economic education and highlights the results of a study aimed at analyzing the opportunities and limitations that arise during the transition to digital learning formats. Special attention is paid to methodological approaches to assessing the effectiveness of online economics programs and the impact of digital tools on the development of necessary skills among future specialists. Theoretical and practical conclusions are proposed that form the basis for improving educational programs in economics in the digital age.
Modern Economy Success. 2025;(3):108-113
108-113
Methodological approaches to the integrated assessment of the innovation potential of the region
Abstract
the aim of the study is to develop a methodological basis for a comprehensive assessment of the innovation potential of regions. Methods: the study uses multi-level analytical methods to assess the current state and effectiveness of innovation processes, taking into account integral indicators related to both the resource base and the effectiveness and readiness of the region for innovation. Findings: the work proposes a classification of approaches to interpreting the concept of the innovation potential of regions, formulates a unified definition and details the structure of this concept. Delineates the critical stages involved in an in-depth evaluation methodology, incorporating the creation of a comprehensive system and algorithm to compute key metrics. This approach facilitates the structured analysis of metrics pertinent to innovation activities. Conclusions: this research provides a foundational approach for shaping strategies that bolster the innovative potential of various regions, outlines priorities for government support, and assesses the impact of policy actions within the innovation arena.
Modern Economy Success. 2025;(3):114-122
114-122
Assessment of the efficiency of functioning of the regional innovation ecosystem in the conditions of digitalization
Abstract
the aim of the study is to systematize and detail the theoretical and methodological aspects of assessing the performance of regional innovation ecosystems (RIE). Methods: the study used various methodological approaches, including observation methods, comparative analysis, quantitative measurement and a systems approach. Special methods, such as the index method and methods of quantitative assessment of efficiency, were used to analyze and evaluate the innovative activities of economic agents. Findings: the key theoretical and methodological principles of the functioning of RIEs were identified, reflecting the patterns of their structural organization and dynamic development. An analysis of modern assessment tools was carried out, the need to adapt methodological approaches to the changing conditions of digitalization was substantiated, an integral indicator was developed that allows measuring the effectiveness of the innovation environment, taking into account the impact of digital transformation. Conclusions: the proposed analytical tools provide a comprehensive assessment of the factors that shape the potential for using resource capabilities and the effectiveness of innovative activities in the digital economy. The degree of integration of digital technologies in the RIE determines the intensity of network interactions and the level of cooperation of economic agents, which has a decisive impact on the competitiveness and adaptability of the innovation ecosystem.
Modern Economy Success. 2025;(3):123-129
123-129
Methodological approaches to the formation of a combined strategy for import substitution of regional industrial enterprises
Abstract
the purpose of the study is to substantiate methodological approaches to the formation of a combined import substitution strategy for Russian industrial enterprises. Methods: the study of the formation of a combined import substitution strategy for Russian industrial enterprises is based on the integration of qualitative and quantitative methods of analysis. The qualitative component includes an assessment of government initiatives, industry reviews and programs aimed at stimulating import substitution. The quantitative component involves the use of statistical data and models to assess the effect of the measures taken. The use of such a combined approach helps to increase the accuracy of the analysis and strengthens the validity of conclusions and recommendations, which allows for more effective application of the research results in practice. Findings: in the course of the work, key elements of the formation of an import substitution strategy for Russian enterprises were identified, and it was shown that the strategy should be considered as an integration of a number of strategic actions aimed at adapting typical corporate models to the conditions of import substitution. Practical recommendations have been developed aimed at the effective implementation of a combined strategy in the structure of Russian industrial organizations, taking into account the specifics of their industry context. Conclusions: The importance of applying a combined strategic approach to the import substitution process for Russian enterprises has been confirmed. In the context of the current economic changes in the Russian Federation, organizations of all forms of ownership need to actively develop strategic thinking, as well as use strategic analysis and evaluation methods to increase sustainability and competitiveness in a changing market environment.
Modern Economy Success. 2025;(3):130-136
130-136
Modern challenges and prospects of investment activity in the Russian oil and gas industry
Abstract
the article examines the current challenges and prospects of investment activity in the Russian oil and gas industry in an unstable geopolitical environment. Special attention is paid to the impact of sanctions, restrictions on the supply of technology and equipment, lengthening logistics chains, increasing production costs and increasing investment risks. The dynamics of investments in fixed assets in the Russian Federation for 2023 is analyzed, with an emphasis on the oil and gas sector and key areas of development. A comparison of investment activity with foreign examples, including China and the United States, is carried out, where key factors contributing to investment growth are highlighted. A special emphasis is placed on the role, including the dynamics of patent publication, as an indicator of industry development and increased competitiveness. The scientific novelty of the research lies in a comprehensive analysis of modern challenges and factors affecting investment activity in the Russian oil and gas industry in the context of geopolitical instability and sanctions pressure. It also highlights the need to transform methods for assessing investment efficiency and using modern digital solutions, including elements of artificial intelligence, to minimize risks and improve forecast accuracy. Practical recommendations are offered for companies on adapting investment strategies in conditions of economic instability and strengthening their positions in the domestic and foreign markets.
Modern Economy Success. 2025;(3):137-145
137-145
Innovative import substitution in the system of industrial policy strategies
Abstract
the purpose of this study is to substantiate the importance of innovative import substitution in the framework of industrial policy strategies. Methods. the study is based on the application of methods of logical analysis and synthesis of various economic theories. This approach allowed us to conduct a comprehensive analysis of key areas of industrial development, including export-oriented models, technological innovations and import substitution. Particular attention is paid to the role of innovative import substitution in the system of strategic economic planning. Findings: the study allowed us to identify three main interpretations of the concept of import substitution: it can be considered as an economic concept, an instrument of public policy and a factor in the development of industrial production. The study showed that the strategy in question has a dual nature. On the one hand, it promotes integration into global economic processes and stimulates production growth. On the other hand, it performs a protective function, limiting the influence of external factors and strengthening the domestic market. The concept of innovative import substitution, which involves combining modernization with an increase in competitive advantages, was also considered in detail. Conclusions: the need to strengthen the import substitution policy is becoming increasingly obvious. The main goal is to create favorable conditions for increasing demand for domestically produced goods by reducing dependence on external supplies. Such an approach opens up opportunities for the development of promising industries and strengthening the positions of manufacturers at the international level. A key role is played by the introduction of innovative import substitution based on technological progress and increased efficiency of the industrial sector.
Modern Economy Success. 2025;(3):146-152
146-152
Integrated approach to optimal management of balanced development of regional industrial complexes
Abstract
the purpose of the study is to substantiate an integrated approach to optimal management of balanced development of industrial enterprises. Methods: in pursuing the goals of this study, we employ the dialectical approach, which provides a comprehensive view of economic activities associated with enhancing management practices in industrial enterprise development. The incorporation of a logical approach (involving deduction, induction, analysis, and synthesis) serves to examine the holistic method. The system method is used to coordinate all elements, processes and resources related to the development of enterprises, ensuring comprehensive management. Findings: a multi-stage management cycle has been formulated under this new framework. It encompasses the diagnosis and projection of both external and internal dynamics, identification of requirements for innovative solutions and investments, execution of strategic adjustments, and evaluation of the effectiveness of these initiatives. These stages form the basis for sustainable and balanced development of industry. Conclusions: fusing strategies and operational processes in industrial enterprise management fosters a synergistic outcome. This synergy is evident in the efficient allocation of resources and the achievement of long-term objectives.The main results of the study are the need for a comprehensive analysis, an emphasis on the balance of all aspects of activity, the integration of information systems and an emphasis on the flexibility of strategic management, which allows for effective adaptation to changes in the external environment and internal challenges.
Modern Economy Success. 2025;(3):153-159
153-159
Analysis of methods for assessing the competitiveness of industrial enterprises in the region in the conditions of import substitution policy
Abstract
the objective of this study is to categorize and evaluate prevailing scholarly methods for determining the competitiveness of industrial entities within the framework of import substitution strategies. Methods: the research utilizes a comprehensive approach to investigate the assessment techniques of competitiveness among firms operating in regions engaged in import substitution policies; it further employs a detailed comparative analysis to explore various computational models used in evaluating business competitiveness. Results: the document provides a detailed critical evaluation of the existing methodological frameworks, highlights their analytical strengths and weaknesses, and discusses the constraints on their applicability in the current economic environment. Conclusions: It has been established that most of the methodological approaches used are abstract and do not take into account external factors of the economic environment, which significantly reduces the relevance of the assessment results in the context of import substitution policy. The validity of the application of the original methodology based on the calculation of the integral deviation of the real parameters of the competitiveness of the enterprise from the theoretically optimal indicators is substantiated.
Modern Economy Success. 2025;(3):160-165
160-165
Development of a methodology for automating financial accounting processes according to the USALI model at hospitality industry enterprises
Abstract
the purpose of the study is to develop a methodology for automating financial accounting processes within the framework of the USALI model, taking into account the requirements of the digital environment. Methods: analysis and synthesis of theoretical approaches to financial accounting, formalization, abstraction, system analysis, modeling, logical and structural analysis. Findings: a methodology for automating financial accounting based on the USALI model has been developed, which takes into account the industry specifics of digitalization of accounting processes and helps to improve the efficiency of management decisions at hospitality industry enterprises. The features of adapting accounting systems to the requirements of the USALI standard and their integration with existing digital platforms are disclosed. Conclusions: the proposed methodology for automating accounting based on the USALI international standard ensures fully unified financial accounting based on the USALI international standard.
Modern Economy Success. 2025;(3):166-172
166-172
Supply chain optimization based on artificial intelligence in the chemical industry
Abstract
the purpose of the article is to study the integration of artificial intelligence in supply chains and its impact on supply chains, using the example of the chemical industry. The application of artificial intelligence tools has become the main basis for the development of modern approaches to resource management, improvement of logistics routes, and warehouse operations. The article substantiates the important issues in the distribution sector concerning the improvement and automation of routine operations in supply chains, as it is possible to significantly reduce costs and time due to modern technologies. Methods: in the process of research the method of theoretical review was used, which allows to study the specifics of the formation of supply chains at the present stage. The method of analysis and statistics allowed us to study the dynamics of the chemical industry in Russia for the last 2022-2024 years. Using the method of generalization, conclusions are drawn concerning the effectiveness of the proposed optimization mechanism. The results contain a description of the supply chain optimization model to be used on the basis of artificial intelligence tools in the chemical industry. An integrated approach to supply chain management helps to identify weaknesses and generalize the available optimization techniques. The economic efficiency from the implementation of the proposed model is also calculated. Conclusions: a general conclusion is presented on the importance of artificial intelligence in the logistics sector as the main technology enabling optimal development of the chemical industry within the framework of improving the competitiveness of the country. The identified technological capabilities of artificial intelligence in terms of forecasting, big data analysis and inventory management allow planning and monitoring the process of the entire supply chain.
Modern Economy Success. 2025;(3):173-179
173-179
Main trends in the development of agricultural production in the Perm region
Abstract
the purpose of the study is to analyze the main trends in the development of agricultural production in the Perm region. Methods: the methods used in the presented study are economic and statistical methods, monographic method and comparative method. Findings: the scientific article presents an analysis of statistical data on agricultural production in the Perm region, and compares changes in the volume of agricultural production in physical mass and in current prices. Conclusions: when conducting a study of crop production volume indices in 2019-2023, an increase in production volumes was revealed in 2020 and 2022, while a decline in production volumes was observed in 2019, 2021 and 2023; a study of livestock production volume indices in 2019–2023 showed relative stability; an analysis of crop and livestock production volumes assessed at current prices showed that an increase in production volumes was observed from 2019 to 2022, while a decline in the indicators was revealed in 2023; fluctuations in livestock and poultry production volumes in slaughter weight terms are observed, while milk and egg production has been steadily increasing in the study period.
Modern Economy Success. 2025;(3):180-185
180-185
Main ways of innovation cluster development in Vladimir region
Abstract
the article examines the concept of innovation clusters as key elements of economic development in the context of globalization and technological revolution. Special attention is paid to the examples of successful innovation clusters, such as Silicon Valley in the USA, Technopark in China and Skolkovo in Russia, as well as the benefits of cluster integration for different subjects of economic relations: regions, businesses and universities. Using the example of the Vladimir region, the author proposed key directions for the creation and development of an innovation cluster, including the improvement of the scientific and educational base, creation of a favorable investment environment, development of infrastructure for startups and small companies, as well as active interaction between local authorities and business. Special attention is paid to the need to develop interregional and international cooperation, as well as to the introduction of innovative technologies in industry. The conclusion emphasizes the importance of state regulation and identifies the problems and prospects for the development of innovation clusters, including taking into account the global trends of digitalization, sustainable development and globalization.
Modern Economy Success. 2025;(3):186-191
186-191
The problem of introducing BIM technologies on scale investment and construction projects
Abstract
the implementation of building information modeling (BIM) in large-scale investment and construction projects provides a number of significant benefits, including increased coordination between different sections of the project, optimization of design processes, and cost reduction. However, large-scale implementation of BIM is associated with a number of significant problems that can hinder its effective implementation. The key barriers include the complexity of coordinating multiple stakeholders, integrating BIM with specialized software packages for structural calculations, and the need to manage high initial investment costs. This paper examines the main technological, organizational, legal, and economic barriers that arise when implementing BIM in large-scale construction projects. An analysis of the economic benefits of using BIM, its impact on process coordination, and its role in simplifying the calculations of load-bearing structures of objects is conducted. Based on the analysis of scientific research and implemented projects in the Middle East, the USA, Australia, South Africa, the European Union, and China, recommendations are formulated to overcome these barriers and improve the efficiency of BIM integration in large investment projects.
Modern Economy Success. 2025;(3):192-201
192-201
Methods for optimizing raw material inventory management in oil refining in conditions of price uncertainty
Abstract
this scientific article discusses methods aimed at optimizing the management of raw material reserves at oil refineries in conditions of price uncertainty. The approaches, including statistical forecasting, dynamic programming, and efficient supply chain organization, are analyzed. Attention is drawn to the importance of digital technologies for automating procurement processes and inventory management. Materials and methods: the research use publications by Russian scientists, including articles from peer-reviewed journals related to this topic. The reliability of the data is ensured by the use of statistical methods that allow for an in-depth analysis of the phenomenon under study. The results of the study demonstrated that strategic planning of crude oil inventories in conditions of price volatility is critically important for the stable operation of oil refineries. To classify goods by profitability, the ABC analysis method is used, which divides products into three categories: 20% of goods that generate 80% of revenue (Group A), 30% of goods that generate 15% of revenue (Group B), and 50% of goods that generate 5% of revenue (Group C). Conclusion: the conducted analysis demonstrated the positive impact of the modernized raw material reserves management system of oil refineries on the economic performance of production in conditions of market price volatility. Modernization of material flow control methods will significantly minimize production risks and optimize the adaptation mechanisms of enterprises to dynamically changing market conditions.
Modern Economy Success. 2025;(3):202-210
202-210
Innovative approaches to the development of tools for modeling decision-making in industrial production
Abstract
the article considers innovative approaches to the development of tools for modeling decision-making in industrial production. In the modern conditions of a dynamically developing economy, enterprises are faced with the need to quickly make high-quality decisions to optimize production processes, manage resources and improve competitiveness. The description of such new modeling methods and tools as multi-criteria analysis, simulation models and decision support systems (DSS) provides a rationale for their use in real production processes. Particular attention is paid to the adaptation of existing modeling technologies to the specifics of industries and enterprises, as well as the implementation of digital solutions to improve the efficiency of decision-making. An assessment of their application in industry is provided, and key factors for the successful integration of these tools into management systems are identified.
Modern Economy Success. 2025;(3):211-217
211-217
Management decision-making process in entrepreneurial structures at the current stage of development and digitalization of the economy
Abstract
the purpose of the article is to analyze the process of managerial decision-making in entrepreneurial structures. At the current stage of economic development and digitalization of data, competition is growing, which means that management decisions in entrepreneurship face the need to develop competent and effective approaches. Analysis of processes in decision management allows us to identify the main factors that will affect the optimization of business and its further development. In the process of work, methodological concepts describing the stages of formation and practical realization of decisions in the system of information management were studied. The authors also presented a model of innovative technology of the process of development and adoption of managerial decisions in entrepreneurial structures. The methods used in the work include theoretical analysis of literature sources, the method of describing the process of managerial decisions, as well as the method of analysis and deduction. In addition, the method of generalization of the obtained results was applied. The results of the study contain general conclusions regarding the fact that the field of entrepreneurship is developing and competent decision management is of great importance. In this regard, there is a need to change approaches to the development of management decisions with the help of digital technologies. In the entrepreneurial sphere, the mechanism of formation and realization of managerial decisions is an important aspect that contributes to the achievement of high economic performance. The findings describe the fact that the process of making managerial decisions in entrepreneurial structures is associated with the need to improve management efficiency, adapt to changes in the external environment and implement innovative approaches and digital solutions in business practice.
Modern Economy Success. 2025;(3):218-224
218-224
Assessment of budgetary efficiency of investment in target programs
Abstract
the assessment of budgetary efficiency of investment in target programs is an important tool of public finance management. The article considers methodological approaches to assessing the effectiveness of budget programs, highlighting financial and economic, socio-economic and systemic analysis. The key problems of evaluation are noted, including the lack of unified standards, the complexity of long-term forecasting, limited data and the influence of political factors. National projects aimed at the development of the economy and social sphere are analyzed as an example of effective use of budgetary funds. Special attention is paid to the National Project "Health Care", its goals, main directions and achieved results. The article describes in detail the existing measures aimed at increasing the efficiency of budget funds utilization, such as regulatory and legal regulation, financial mechanisms, digitalization and automation, as well as incentives for investors. The conclusion emphasizes the need for an integrated approach to investment absorption, including understanding the legislation, selecting appropriate programs, preparing investment projects, obtaining financing, monitoring execution and evaluating effectiveness.
Modern Economy Success. 2025;(3):225-232
225-232
Digital marketing strategy and the impact of artificial intelligence on its development
Abstract
modern software for the implementation of digital marketing strategy tasks is actively developing, taking into account new trends in the organization of marketing activities of enterprises, organizations and institutions of all forms of ownership and business sectors. The software is based on next-generation technologies and represents elements of artificial intelligence. The purpose of the study is to examine the specifics of the development of a digital marketing strategy and the impact of artificial intelligence on its development. The use of artificial intelligence technologies in marketing is quite popular when creating personalized offers for customers in the market of goods and services based on the results of marketing research and evaluation of the average purchase receipt and consumer behavior on the Internet and on social networks. The developed modern machine learning algorithms interact with innovative technologies and are able to analyze purchase history, search queries and even social media to form personal offers that best meet the needs, tastes, interests and needs of an individual customer. The listed advantages of using artificial intelligence technologies in the formation of a digital marketing strategy allow us to identify important strategic vectors based on the results of marketing research and consumer behavior assessment. Marketing service marketers should systematically improve their professional skills to work with innovative technologies and develop competencies to develop organizational and digital culture to bridge the digital divide and enhance digital maturity.
Modern Economy Success. 2025;(3):233-237
233-237
The use of BPMN to describe business processes in financial IT systems
Abstract
the article discusses issues related to the nuances of using BPMN in order to describe business processes in financial IT systems. The relevance of this topic is explained by the rapidly growing need for effective tools to optimize business operations in the analyzed area, where their complexity, regulatory requirements, and high level of automation require the use of standards with high expressiveness. BPMN is a universal solution that can combine business and technical aspects. However, there are discrepancies in the scientific literature in assessing approaches to model specification, the choice of tools for working with BPMN, and the integration of notation into change management systems. The purpose of the study is to analyze the specifics and content aspects of using BPMN for process modeling in financial IT systems, identify its advantages and disadvantages, and identify best practices for using it. The work provides well-founded recommendations on model creation, error analysis, and work standards. In addition to the above, examples in the field of payments, lending, investments, and compliance are considered. It is summarized that BPMN facilitates visualization of complex processes, improves interaction between participants, supports automation of operations, and helps document compliance with regulatory requirements. The materials will be useful for business analysts, IT specialists, management researchers, as well as developers of BPM systems.
Modern Economy Success. 2025;(3):238-244
238-244
Features of the factors influencing the development of tourism and cultural heritage
Abstract
the presented article substantiates the importance of considering the key factors influencing the development of tourism and cultural heritage. Such factors include: innovations, values, pricing policy, throughput capacity of the research facility, tourism management. Of course, the factors of both the near and far environment should also be taken into account. Their role in the field of tourism development is great. All the variety of factors has an impact on the usual way of life, which reflects the tourist trends. The recommendations developed should be taken into account by both management structures, the business environment and local communities. The combined efforts will contribute to the formation of new directions in the field of tourism and cultural heritage development and will determine the prospects for further research in the chosen direction.
Modern Economy Success. 2025;(3):245-251
245-251
The role of digital technologies in the agro-industrial complex
Abstract
the purpose of the study is a comprehensive study of the role of digital technologies in agriculture, identifying their potential and contribution to the process of modernization and sustainable development of the sector Methods: the purpose of the study is a comprehensive study of the role of digital technologies in agriculture, identifying their potential and contribution to the process of modernization and sustainable development of the sector. Findings: the research is devoted to the analysis of the role of digital technologies in the agro-industrial complex. The key problems of agriculture, such as dependence on natural conditions, the need to increase yields and reduce costs, are considered. The possibilities of digitalization to increase production efficiency, improve product quality and reduce environmental burden are explored. Conclusions: recommendations are proposed for the introduction of digital technologies, including the creation of unified platforms, the use of IoT, blockchain and artificial intelligence, the importance of government support and training for the successful digitalization of agriculture is emphasized.
Modern Economy Success. 2025;(3):252-258
252-258
Digitalization of the postal industry in the Baikal Region: impact on business processes and economy
Abstract
this article analyzes the impact of digitalization on the transformation of business processes in the postal industry of the Baikal Region. Particular attention is paid to the contribution of these transformations to the economic development of the region. The analysis is conducted in the context of the unique socio-economic conditions of the Baikal Region. A review of scientific publications and research was conducted to identify key trends and practices. The main implemented management systems and software solutions that contribute to the improvement and optimization of internal business processes in the postal industry were identified. Special attention is paid to changes in the field of customer interaction and the provision of public services caused by the active introduction of digital technologies. The implemented projects aimed at integrating electronic services and document management systems, including electronic registered letters and hybrid mail, were examinet. As part of the study, an assessment was made of the impact of digitalization on the quality and speed of service, as well as the expansion of the range of services provided. An analysis of the dynamics of the average number of employees in the postal industry in the region was carried out. A steady increase in the volume of postal items in the region caused by the digital transformation of the industry was revealed. The results of the study demonstrate that digitalization is a key factor in the transformation of the postal industry in the Baikal Region, significantly affecting various aspects of its activities. The introduction of modern technologies not only increases the efficiency of internal processes, but also contributes to improving the quality of customer service, expanding the range of services provided, and stimulating the economic growth of the region. This study contributes to the understanding of the processes of digital transformation in the postal industry and their impact on the regional economy.
Modern Economy Success. 2025;(3):259-267
259-267
Instruments and directions of sustainable development and increase of efficiency of foreign economic activity of enterprises of metalworking industry in conditions of increased uncertainty
Abstract
the purpose of the study is to develop instruments and directions for improving the sustainability and efficiency of foreign economic activity of enterprises in the metalworking industry in conditions of increased uncertainty. Methods: the methods used in this study include structural-functional analysis, factor and comparative analysis, method of expert evaluations, elements of correlation and regression modelling. Findings: the key factors negatively affecting the sustainability and efficiency of foreign economic activity of metalworking industry enterprises have been identified, among which the factor of foreign economic uncertainty is dominant. The classification and formalisation of effective tools of adaptation to these conditions – such as digitalisation of foreign economic activity, formation of stable partner networks, application of currency risk hedging mechanisms, diversification of export-import directions, participation in interstate cooperation platforms – are formed. The tools were tested at four enterprises, which showed an increase in efficiency indicators: an increase in export revenues, a reduction in logistics costs, and an increase in the stability of contractual relations. Conclusions: sustainability of foreign economic activity is a significant factor in the overall sustainability and efficiency of enterprises in the metalworking industry. The application of the developed tools makes it possible to reduce sensitivity to external fluctuations and ensure stable development in the long term.
Modern Economy Success. 2025;(3):268-278
268-278
Specific proposals for improving the financial situation for sustainable agricultural enterprises using the example of LLC “Agrotech-Garant” Alekseevsky of Alekseevsky district of the Belgorod region
Abstract
in conditions of instability of both the agricultural sector in general and the agro-industrial sector in particular, the financial stability of this type of enterprise is a key factor for survival. Climatic conditions, demographic problems, sanctions, political and economic factors – all this creates instability of toffee for agricultural enterprises. By assessing financial stability, it is possible to calculate potential financial risks and vulnerabilities in an enterprise's economic activity, understand its ability to withstand modern challenges and difficulties, manage available resources and attract investments, plan a budget and make appropriate financial decisions – all this contributes to effective enterprise management. LLC “Agrotech-Garant”, Alekseevsky, Alekseevsky district, Belgorod region, demonstrates stability, but a deeper analysis can reveal hidden reserves (such as underestimation of the value of its own assets; insufficient accounting for working capital - finished products, stocks or raw materials; unformulated reserves for future unplanned expenses) and risks (market, weather, financial), because planning, risk management, reserve formation and making informed financial decisions will help even a stable enterprise to ensure further sustainability and successful long-term development. This article is aimed at addressing this issue.
Modern Economy Success. 2025;(3):279-288
279-288
The role of international relations in the tourism industry
Abstract
tourism is currently one of the most dynamically developing sectors of the economy, playing an important role in international trade and providing income for many countries. Globalization and geopolitical stability have a significant impact on the tourist flows and economic growth of countries. The purpose of the article is to analyze the role of international relations in the field of tourism, identify key factors influencing the development of this industry, and develop recommendations for the further development of the tourism industry. Materials and methods. The study is based on the analysis of scientific articles and reports of international organizations, as well as statistical data on international tourist flows. The methods of content analysis and comparative analysis are applied to study the impact of international relations on the tourism industry. Results and discussions. In 2023, global tourism exports reached a record $1.9 trillion, and the international tourist flow in 2024 amounted to 1.4 billion arrivals. The dynamics of international tourist arrivals shows fluctuations caused by global factors such as the COVID-19 pandemic and geopolitical instability. A survey among companies in the tourism industry revealed that international tensions negatively affect the development of the market, while the reorientation towards domestic destinations and the use of digital technologies contribute to its growth. Conclusions. Geopolitical factors and diplomatic relations have a significant impact on international tourism, determining the choice of routes and destinations for tourists. Effective development of the tourism industry requires an integrated approach, including the interaction of government programs and the private sector, which will overcome existing difficulties and ensure the sustainable development of the industry.
Modern Economy Success. 2025;(3):289-297
289-297
Адаптация бизнес-моделей к технологическим инновациям: роль цифровой трансформации в современном бизнесе Аннотация: целью исследования является разработка методологии и инструментов для оценки влияния цифровой трансформации и адаптации бизнес-моделей на конкурентоспособность бизнеса. Методы: в исследовании использовались системный подход, сравнительный анализ, методы анализа и синтеза. Для анализа теоретических подходов к бизнес-моделям и цифровой трансформации применялись методы систематизации и обобщения. Эмпирический анализ включал кейс-стади с использованием контент-анализа и сравнительного анализа. Разработка модели оценки эффективности цифровой трансформации основывалась на анализе существующих подходов к измерению эффективности цифровизации. Результаты (Findings): в исследовании представлена авторская методология оценки эффективности адаптации бизнес-моделей к технологическим инновациям в условиях цифровой трансформации, включающая систему показателей на различных уровнях (финансовые показатели, операционная эффективность, показатели адаптации бизнес-моделей, показатели цифровизации, конкурентоспособность и устойчивость бизнеса) и методы их анализа (статистический анализ, кейс-стади, сравнительный анализ, многомерное моделирование, экспертная оценка). Разработана многомерная модель оценки эффективности цифровой трансформации, интегрирующая финансовые и нефинансовые показатели, а также предложены практические рекомендации по адаптации бизнес-моделей к технологическим инновациям, направленные на повышение конкурентоспособности и устойчивости предприятий. Выводы: предложенная методология позволяет системно оценивать влияние цифровой трансформации и технологических инноваций на адаптацию бизнес-моделей, устанавливать взаимосвязи между внедрением цифровых технологий, трансформацией бизнес-моделей и бизнес-результатами, а также формировать комплексную оценку эффективности цифровой трансформации. Данный подход является значимым вкладом в развитие теории управления инновациями, стратегического менеджмента и цифровой экономики, а также предоставляет компаниям практический инструментарий для эффективного управления процессами цифровой трансформации и адаптации бизнес-моделей в целях повышения своих конкурентных позиций и обеспечения устойчивого развития в условиях цифровой экономики. Ключевые слова: цифровая трансформация, бизнес-модель, технологические инновации, оценка эффективности, конкурентоспособность Для цитирования: Ткач П.С. Адаптация бизнес-моделей к технологическим инновациям: роль цифровой трансформации в современном бизнесе // Modern Economy Success. 2025. № 3. С. 298 – 310. 1 Tkach P.S., 1 Uber Technologies Inc. Adapting business models to technological innovation: the role of digital transformation in modern business
Abstract
the purpose of the study is to develop a methodology and tools for assessing the impact of digital transformation and business model adaptation on business competitiveness. Methods: the study employed a systems approach, comparative analysis, and methods of analysis and synthesis. For analyzing theoretical approaches to business models and digital transformation, methods of systematization and generalization were used. Empirical analysis included case studies utilizing content analysis and comparative analysis. The development of the digital transformation effectiveness assessment model was based on an analysis of existing approaches to measuring the effectiveness of digitalization. Findings: the research presents an original methodology for assessing the effectiveness of business model adaptation to technological innovations in the context of digital transformation. This methodology includes a system of indicators at various levels (financial performance, operational efficiency, business model adaptation metrics, digitalization metrics, business competitiveness and sustainability) and methods for their analysis (statistical analysis, case studies, comparative analysis, multidimensional modeling, expert evaluation). A multidimensional model for assessing the effectiveness of digital transformation, integrating financial and non-financial indicators, was developed. Practical recommendations for adapting business models to technological innovations, aimed at enhancing the competitiveness and sustainability of enterprises, are also proposed. Conclusions: the proposed methodology allows for a systematic assessment of the impact of digital transformation and technological innovations on business model adaptation. It establishes the interrelationships between the implementation of digital technologies, business model transformation, and key business outcomes, as well as forming a comprehensive assessment of digital transformation effectiveness. This approach is a significant contribution to the development of innovation management theory, strategic management, and the digital economy. It also provides companies with practical tools for effectively managing digital transformation and business model adaptation processes to enhance their competitive positions and ensure sustainable development in the digital economy.
Modern Economy Success. 2025;(3):298-310
298-310
Economic inequality and its impact on social stability
Abstract
the article examines the problem of economic inequality as one of the key factors influencing social stability in modern society. Against the backdrop of growing global and regional disparities, as well as the accelerated digital transformation of the economy, the topic is gaining particular relevance. The purpose of the study is to identify the nature of the relationship between the level of economic inequality and the state of social stability, as well as to determine the factors that contribute to either mitigating or exacerbating this connection. The methodological basis of the research includes elements of institutional, structural, and socio-economic approaches. The empirical part is based on official statistical data, international indices, and the results of sociological surveys. The study applies methods of comparative, correlation, and content analysis. The findings show that a high level of inequality can provoke a decline in trust in state institutions, increase social tensions, and deepen the marginalization of certain social groups. However, social stability can be maintained even in the presence of economic disparities, provided that effective redistribution mechanisms are implemented, and access to education, employment, and social mobility is ensured. The study concludes that addressing the negative consequences of inequality through a comprehensive policy approach is a crucial condition for sustainable development.
Modern Economy Success. 2025;(3):311-318
311-318
Mechanisms of digital transformation of the educational environment: theoretical and applied aspects
Abstract
objective: to analyze the relevance and key elements of the mechanism of digital transformation of higher education in Russia, identify the main challenges, structural components and best practices, as well as formulate prospects and recommendations for the development of the digital educational environment. Methods: an analytical synthesis of modern literature, strategic documents and research results on the digitalization of universities has been carried out; comparative and systematic approaches have been applied to identify the structural components of the transformation mechanism. Results: it is shown that the digital transformation of Russian higher education is conditioned by the state strategy and the needs of the economy, but it faces a number of barriers (infrastructural, regulatory, personnel, etc.). The key components of the transformation mechanism (regulatory framework, technological infrastructure, human capital and management models) are highlighted, and examples of successful initiatives by leading universities are illustrated. Conclusions: digital transformation is a complex multi-level process that requires complex efforts by the government, universities and society. The proposed measures and recommendations are aimed at removing existing barriers and accelerating the integration of digital technologies into the educational process to improve the quality and accessibility of higher education.
Modern Economy Success. 2025;(3):319-328
319-328
Smart specialization and innovative regional development: institutional mechanisms, international experience, and implementation barriers
Abstract
this article analyzes the institutional mechanisms for implementing the concept of regional smart specialization as a tool for stimulating innovative territorial development within the context of a global paradigm shift in regional policy. It demonstrates that insufficient development of the institutional environment creates significant barriers to the effective implementation of this approach. The international experience of specialized regional development agencies in EU countries and beyond is examined, revealing key factors for the successful application of smart specialization strategies in enhancing territorial competitiveness. Based on practical case analysis, the article highlights the crucial role of the entrepreneurial discovery process and stakeholder engagement in determining territorial development priorities, while noting that their weak institutionalization becomes a critical barrier to the successful implementation of smart specialization strategies. The author's developed threat map for smart specialization projects demonstrates the interconnection between economic, political, and administrative constraints. The paper substantiates the necessity of developing regional innovation ecosystems and appropriate infrastructure for successful transformation of the regional economy and increasing regional resilience. The proposed recommendations for overcoming institutional barriers include flexible mechanisms for strategy adaptation, activation of public-private partnerships, synchronization of development priorities between regions, and implementation of an effective monitoring system for innovation outcomes.
Modern Economy Success. 2025;(3):329-342
329-342
Methods of using artificial intelligence to forecast inflation and increase monetary policy flexibility
Abstract
the stability of the financial system depends heavily on the ability to accurately forecast inflationary trends, which becomes particularly relevant in times of global uncertainty and economic fluctuations. Innovative techniques based on artificial intelligence (AI) are making revolutionary innovations, improving the efficiency of analyzing and forecasting economic phenomena by orders of magnitude, and thus outperforming conventional econometric methods. In order to ensure timely and adaptive monetary policy, central banks are increasingly resorting to AI tools. This makes it possible to promptly adjust economic strategies in response to macroeconomic changes, thus minimizing possible risks associated with market volatility. The aim of the research was to study the methods of artificial intelligence to improve the accuracy of inflation forecasting and increase the flexibility of monetary policy, as well as to analyze their application in the macroeconomic context. The research objectives were to analyze existing AI methods and their potential in inflation forecasting; to assess the accuracy of forecasts compared to traditional econometric models; to develop a classification of AI methods according to their applicability for short-term and long-term forecasts; to identify the advantages and limitations of each method in the context of monetary policy flexibility. The author of the paper reviewed the scientific literature, studied various AI models like neural networks, random forest algorithm, textual analysis methods and advanced hybrid systems, and compared them with classical econometric models. The integration of AI opens up a wide range of prospects for monetary policy. It provides an opportunity to modify economic instruments in accordance with current trends, improving predictive capabilities. The study revealed that hybrid AI models combining the analysis of macroeconomic trends and behavioral factors, as well as the use of big data, can make a significant contribution to the interpretation of inflation dynamics.
Modern Economy Success. 2025;(3):343-352
343-352
Educational inequality and its economic consequences. The role of pedagogical methods in reducing the gap
Abstract
this article examines the features of educational inequality and its impact on economic dynamics, as well as analyzes ways to reduce such inequality through pedagogical methods and innovative practices in the field of education. The study is based on data collected in secondary schools in one of the regions of the Russian Federation, where an attempt was made to introduce new approaches to teaching and to involve students from different social strata in the learning process. The conducted quantitative and qualitative research revealed that pedagogical methods focused on individualizing learning and developing critical thinking have a positive impact on the academic performance of schoolchildren, reduce the gap in educational achievement and, as a result, are able to reduce economic polarization in the long term.
Modern Economy Success. 2025;(3):353-359
353-359
Scoring as a method of assessing credit risk: the case of the republic of C?te d’Ivoire
Abstract
credit scoring is traditionally used in the banking sector to reduce the likelihood of loan defaults. However, this method has not been applied in public financial management. In the presented study, an adaptation of the credit scoring model is proposed for the public sector of C?te d'Ivoire, which allows for the quantitative assessment of the risks of non-fulfillment of payment obligations. The scientific novelty of the work lies in the transformation of approaches to analyzing the payment capacity of public entities, taking into account the specifics of macroeconomic factors. The issue of a lack of formalized risk assessment tools in public financial management is addressed. The proposed method contributes to more effective budget planning and the reduction of fiscal risks, making it promising for further implementation. Credit scoring has long established itself as an effective risk management tool in the banking sphere. It helps financial institutions forecast the likelihood of non-repayment of loans based on data from previous borrowers. However, despite its successful application in the commercial sector, this method is scarcely used in public financial management, including in C?te d'Ivoire. Today, the problem of public debt sustainability and budget planning is especially relevant for developing countries. The increasing dependence on external and internal borrowing necessitates new tools for assessing the payment capacity of public entities. Implementing a credit scoring model in public financial management could offer more accurate forecasts for debt servicing and help reduce fiscal risks.
Modern Economy Success. 2025;(3):360-368
360-368
Strategic management of small business development in the IT sector: methodological approaches and practical aspects
Abstract
the article is devoted to the study of strategic management of the development of small business organizations in the field of software development. The purpose of the work is to develop methodological approaches and practical recommendations aimed at improving the management efficiency of small IT enterprises in a dynamically changing market environment. Methods: the methods in the presented study use methods of system analysis, SWOT analysis, scenario modeling and expert assessment. The combination of these methods made it possible to identify the key factors influencing the sustainable development of small businesses in the IT sector. Findings: the study presents a strategic management model adapted for small businesses, as well as a set of practical tools for implementing development strategies. Conclusions: the study confirmed that effective strategic management of small IT enterprises requires the integration of flexible methodologies adapted to the dynamics of the industry. The developed model and tools contribute to increasing the competitiveness, innovation potential and sustainability of business in conditions of high technological variability.
Modern Economy Success. 2025;(3):369-376
369-376
Efficiency of the organization at the present stage: definitions and approaches to assessment
Abstract
the purpose of the study is to theoretically substantiate the ways to optimize the assessment of the effectiveness of the organization. Methods: the study uses general scientific research methods - analysis, synthesis and systematization. A descriptive review of the literature was performed. The search for publications was conducted in the scientific electronic library eLIBRARY.RU. Findings: various approaches to defining and classifying the effectiveness of the organization are presented. It is shown that the functioning of the organization includes not only current (process), but also project activities, which require a separate approach to assessment. A definition is formulated and a conceptual model of the effectiveness of the organization is presented. A block diagram of interrelated approaches to assessing the effectiveness of economic entities, including analysis of project effectiveness, is developed. Conclusions: Assessing the effectiveness of the organization, taking into account the implementation of projects, is necessary to improve its financial and economic activities and strategic development.
Modern Economy Success. 2025;(3):377-386
377-386
The role of education in economic development: pedagogical aspects of the formation of qualified personnel
Abstract
this article is devoted to the study of the role of education in economic development and the consideration of pedagogical aspects of the formation of qualified personnel. The purpose of the study is to identify the relationship between the level of educational systems, the quality of specialist training and economic growth indicators. The paper analyzes theoretical and practical experience in the field of the influence of education on the development of regional and national economies, and also presents the results of its own sociological research conducted among teachers and business representatives in a conditional region. The data obtained indicate the importance of introducing modern educational technologies and training methods focused on the formation of competencies in demand in various sectors of the economy. An assessment of the dynamics of the main economic indicators and the level of qualifications of graduates confirms the existence of a close positive correlation between the quality of education and the growth of economic indicators. The conclusions of the study indicate the need for a systematic approach to improving educational programs and professional development of teaching staff for long-term economic growth.
Modern Economy Success. 2025;(3):387-393
387-393
Modern problems of the implementation of restoration activities: a factor of economic security
Abstract
the article analyzes restoration activities from the point of view of economic security, highlighting the problems of corruption, inefficient financing and poor quality of work. The impact of restoration on the economy, including job creation and tourism development, is considered. The author suggests the introduction of digital technologies such as blockchain and BIM to increase transparency and control. The author pays special attention to the specifics of combating corruption in the field of restoration activities. It should be noted that the specifics of the organization of the public procurement system in the allocation of projects impose their own characteristics on the development of a set of counteraction measures. Such features include the need to assess the departure from the stated restoration technology and deviations from design solutions. It should also be noted that the economic assessment of the work on the preservation of the cultural heritage site has a number of indicators approved by regulatory legal acts, which the contractor must comply with during the restoration work.
Modern Economy Success. 2025;(3):394-400
394-400
Theoretical and practical aspects of the green and low-carbon economy: a comparative study
Abstract
the article presents a comparative analysis of the theoretical foundations of green and low-carbon economies in the context of the evolution of the sustainable development paradigm. The relevance of this research is determined by the need to develop scientifically sound approaches to the implementation of sustainable development principles in the face of a growing global environmental crisis. The main purpose is to provide a clear and structured overview of the differences similarities of green and low-carbon economies, as well as to determine the potential of each concept in solving global challenges of our time. Methods: The study employs analysis and synthesis as its primary research methods. It is based on a comparative assessment of various approaches to defining the concepts of the "green" and low-carbon economy, as presented by international organizations and scholars. The comparative analysis was conducted according to the following criteria: key aspects, principles, tools, and areas of application. Findings: The results of the study indicate that the green economy is characterized by a wider range of coverage. It includes not only the environmental, but also the social and economic components of sustainable development. The low-carbon economy, in turn, focuses primarily on reducing greenhouse gas emissions. Despite the differences, both concepts have common features. They are based on the principles of sustainability, justice and inclusiveness. In conclusion, the article emphasizes that green and low-carbon economy should be considered complementary approaches. Conclusions: The findings of this study can be utilized in the development of sustainable development strategies and programs at the national and regional levels, as well as contribute to a deeper understanding of the role of green and low-carbon economies in addressing global challenges.
Modern Economy Success. 2025;(3):401-411
401-411
