Науковий вісник НГУ

Risk management: approaches and fields of application

• 
• 

User Rating:  / 4

PoorBest 

Details

Category: Content №6 2020

Last Updated on 22 December 2020

Published on 30 November -0001

Hits: 2147

Authors:

P.Shliakhtun, orcid.org/0000-0002-7420-7325, Taras Shevchenko National University of Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Ya.Taran, orcid.org/0000-0001-5338-1802, Taras Shevchenko National University Chernihiv Collegium, Chernihiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

P.Oleshchuk, orcid.org/0000-0003-1042-4539, Taras Shevchenko National University of Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

V.Kolyukh, orcid.org/0000-0002-8545-7450, Taras Shevchenko National University of Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

I.Petrenko, orcid.org/0000-0003-3328-4102, Taras Shevchenko National University of Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

повний текст / full article

Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2020, (6): 174 - 179

https://doi.org/10.33271/nvngu/2020-6/174

Abstract:

Purpose. To reveal modern approaches to political risk management in the countries with economies in transition.

Methodology. The authors used the system-structural, structural-functional methods, as well as the methods of comparison, analysis, synthesis and expert evaluation.

Findings. The authors reviewed modern approaches to risk management and identified three global forces that determine political risks and their management:

1. Dramatic political changes after the end of the Cold War.

2. Innovation in supply chains.

3. Technical revolution.

Based on the materials reviewed, the authors developed a sequence of political risk management in the countries with economies in transition.

Originality. Asequence of political risk management in the countries with economies in transition has been developed on the basis of studying the features of their unstable socio-political situation, as well as global forces that determine political risks and their management.

Practical value. The use of the results obtained in the study on the peculiarities of risk management in countries with economies in transition allows identifying the opportunities of the process of minimizing the negative consequences of political risks and preventing them for the countries in transition, including those for increasing their investment attractiveness from foreign countries and international organizations.

Keywords: political risk management, decision making, countries with economies in transition

References:

1. Hunziker, S. (2019). Enterprise Risk Management: Modern Approaches to Balancing Risk and Reward. Springer. https://doi.org/10.1007/978-3-658-25357-8.

2. Lean Project Management (2020). Retrieved from https://leanpm.org/manifesto-on-projects-and-project-management.

3. Filipchuk, V., Malkina, G., Kolyukh, V., & Petrenko, I. (2020). Governance models in the globalization era: from moral to political responsibility. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, (3), 177-182. https://doi.org/10.33271/nvngu/2020-3/177.

4. The National Institute of Standards and Technology (NIST) (2020). Retrieved from https://www.nist.gov/.

5. Ost, L. (2019). NISTs Real Impact on Innovation and Quality of Life. Retrieved from https://www.nist.gov/featured-stories/nists-real-impact-innovation-and-quality-life.

6. Petrenko, I., Malkina, G., & Kolyukh, V. (2019). Management features of modern think tanks. Scientific Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, (2), 130-136. https://doi.org/10.29202/nvngu/2019-2/21.

7. Fatkhutdinov, V. (2020). The Pension Fund of Ukraine: Rethinking Risk Management during the Creation. Ukrainian Policymaker, 6, 15-23. https://doi.org/10.29202/up/6/2.

8. Kostenko, I. (2020). Current Problems and Challenges in International Space Law: Legal Aspects. Advanced Space Law, 5, 48-57. https://doi.org/10.29202/asl/2020/5/5.

9. Burke, R., & Demirag, I. (2017). Risk transfer and stakeholder relationships in Public Private Partnerships. Accounting Forum, 41(1), 28-43. https://doi.org/10.1016/j.accfor.2016.06.004.

10. Prykhodko, A., & Oksin, V. (2020). Corruption Factor as a Destabilizing Element of Development of the Space Industry. Advanced Space Law, 5, 71-82. https://doi.org/10.29202/asl/2020/5/7.

11. Mozgin, W. (2018). Ukraine in a Geopolitical Game between the West and the Russian Federation. Ukrainian Policymaker, 3, 36-42. https://doi.org/10.29202/up/3/5.

12. Bazaluk, O., & Blazhevych, T. (2016). The Image of an Ideal Ukrainian Politician. Ukrainian National Idea. Future Human Image, 6, 24-30.

13. Rudenko, S., Bazaluk, O., Tsvykh, V., & Kalmuk, I. (2019). The Role of Philosophical Disciplines in Educational Strategies for Specialist Training in the Field of Public Administration. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, (3), 158-163. https://doi.org/10.29202/nvngu/2019-3/22.

14. Rice, C., & Zegart, A. (2018). Managing 21^st-Century Political Risk. Harvard Business Review, 130-138.

15. Mogin, W. (2020). The Perspectives of Human Freedom in a Post-pandemic Social Reality. Ukrainian Policymaker, 6, 63-73. https://doi.org/10.29202/up/6/7.

16. Svyrydenko, D., & Stovpets, O. (2020). Cultural and Economic Strategies of Modern China: In Search of the Cooperation Models across the Global World. Future Human Image, 13, 102-112. https://doi.org/10.29202/fhi/13/11.

17. Benton, C.N., Napier, M., & lk, M. (2016). On Supply Chain Integration to Free Trade Zones: The Case of the United States of America. Global Business Review, 17(4), 779-789. https://doi.org/10.1177/0972150916645675.

18. Bazaluk, O., & Balinchenko, S. (2020). Dynamic Coordination of Internal Displacement: Return and Integration Cases in Ukraine and Georgia. Sustainability, 12, 4123. https://doi.org/10.3390/su12104123.

19. Niosi, J., & McKelvey, M. (2018). Relating business model innovations and innovation cascades: the case of biotechnology. Journal of Evolutionary Economics, 28, 1081-1109. https://doi.org/10.1007/s00191-018-0561-9.

• < Prev
• Next >