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  • Measuring methods of the efficiency of university technology transfer
    21-29
    Views:
    239

    Nowadays, the socio-economic role and function of universities as well as their relationship with the industry, are more than ever in the focus of both the political and the academic spheres. The importance of knowledge and technology transfer is increasingly stressed in various economic development plans and strategies. The increased interest is due to the fact that universities are located at the crossroads of education, research and innovation, which might be crucial for the country's economic competitiveness. The commercialization of university research results is a well-defined task of technology transfer offices. Measuring the efficiency and successfulness of such offices is a difficult, but not impossible task. The present article aims to analyze the existing literature on measuring the efficiency of technology transfer activities and to introduce the most commonly used measuring methods of effective technology transfer. The article attempts to answer the question how to measure the efficiency of technology transfer by reviewing the available international literature and by analyzing secondary data.

  • The ain impacts of the Lisbon Strategy on tobacco growing
    80-87
    Views:
    172

    The Lisbon Strategy of the EU promises a more competitive Europe with more and better workplaces, in addition to sustainability.
    Tobacco production is one of the most controversial industries of the agricultural sphere in the European Union. This crop is a „leader” of the world’s economic growth, a promoter of globalisation and has been an economic channel between America and Europe for more than 500 years. It is also a motor of technical development, due to its inducing effect on profitability and work efficiency. The tax competition of the states and the increase in consumption have become such a self-inducing system in which the increase of production created an increasing number of jobs, especially in tobacco growing, where the replacement of manual labour was much slower than the increase of the demand for raw material. The fact that smoking is becoming general should be handled as a social demand, though its health risks cannot be denied. However, the extreme objection to smoking cannot be accepted, especially not when it evokes social strains and concludes that people smoke because of tobacco production, al though the real situation is the opposite: People smoke in Europe, so the tobacco should be grown here, as is in our economic interest.
    There is a contradiction between the strategic objectives and the roles of the industry which should be ceased urgently. Al thong aim is the creation of jobs, stopping tobacco growing could result in unexpected agro-social disadvantages. Rejection of the industry’s sustainability questions the realization of the keystones of the strategy. Competitiveness, sustainability and social cohesion should be implemented as a unit of the strategy also in tobacco growing.

  • Agronomical and economic evaluation of various cultivation systems on meadow soil
    103-106
    Views:
    210

    The requirements and objectives of cultivation are in constant change. There are different cultivation aims if the objective is soil protection, the prevention of its moisture content or on areas with different precipitation supply or production site endowments. Based on the experimental database of the Institute for Land Utilisation, Regional Development and Technology of the University of Debrecen, Centre for Agricultural and Applied Economic Sciences and the KITE Plc., the various cultivation systems in Hajdú-Bihar country were examined with maize as indicator plant. The sample area can be found in the outskirts of Biharnagybajom on meadow soil. On the examined plot, spring strip basic cultivation, loosening and autumn ploughing were applied on 15-15-15 ha, respectively. At the time of taking undisturbed soil samples, soil conductivity measurements were also performed with a Penetronik penetrometer. Undisturbed soil samples were taken from each treatment before sowing (on 5th April 2012). The yield obtained in the strip cultivation treatment increased that of the ploughing and the loosening technology. The economic indexes are the most favourable in the strip cultivation.

  • Economic questions of maize production on different soil types
    289-292
    Views:
    263

    The requirements and objective of cultivation are in constant change. For example, different cultivation systems are developed for the purpose of soil protection, the preservation of its moisture content and on soils with various precipitation supply or production site conditions. Traditionally, one of the most important cultivation aims is crop needs. Further cost saving in fertilisation and crop protection can only be achieved by reducing the quality and quantity of production or it cannot be achieved at all. Furthermore, the costs can be significantly reduced by means of the rationalisation of cultivation. Energy and working time demand can also be notably reduced if ploughing is left out from the conventional tillage method. The key requirement of economicalness is to perform the cultivation at the optimal date, moisture level and the lowest possible cost.
    Within production costs, the cost of cultivation is between 3–17%, while they are between 8–36% within machinery costs. It is the vital condition the usability of each technological method to progressively reduce costs. Our evaluation work was carried out with the consideration of the yield data obtained from cooperating farms and the experiment database of the Institute for Land Utilisation, Regional Development and Technology of the Centre for Agricultural and Applied Economic Sciences of the University of Debrecen. Three technological methods (ploughing, heavy cultivator and loosening tillage) were used on several soil types which differ from in terms of cultivability (chernozem, sandy and sandy clay soils) from the economic/economical aspect. We examined the sectoral cost/income relation of maize production as an indicator plant. The maize price during the analytical period was 45 thousand HUF per t. On chernozem soils, the production of maize can be carried out on high income level, while maize production on sandy soils has a huge risk factor. The role of cultivation is the highest on high plasicity soils, since they have a huge energy
    demand and the there is a short amount of time available for each procedure in most cases.

  • Case study based analyses of economic viability of Hungarian beef farms
    184-193
    Views:
    245

    Our country has great traditions in the field of beef production. As early as the Middle Ages, Hungary was known as Europe’s beef exporter. In this decade, production of the Hungarian Grey has increased, due to the popular method of keeping these animals extensively. These animals were even exported to the European markets on foot.
    After joining the European Union, this sector of agriculture has been receiving attention due to the major subsidies which were given. Accordingly, numerous farmers have tried to enter this sector of production. However, the power relations have been changed lately, as have the technology used in production, which has undergone several developments. The integrative connections in the sector had been split and also the size of optimal and sustainable production has arisen.
    The economic activities must be judged by their effectiveness and profitability, but in most cases their effectiveness can only be seen through such outstanding facts which are independent from the farmer.
    I would like to model the economy of a certain enterprise, and the size and the level of its production, through my research under the actual economic circumstances. In my research, I pay special attention to the circumstances which are important in the Hungarian agricultural sector and rural development.

  • The Examination of the Effects of Value Modifying Factors on Dairy Farms
    36-40
    Views:
    166

    We wish to present a method to quantify the value modifying effects when comparing animal farms. To achieve our objective, multi-variable statistical methods were needed. We used a principal component analysis to originate three separate principal components from nine variables that determine the value of farms. A cluster analysis was carried out in order to classify farms as poor, average and excellent. The question may arise as to which principal components and which variables determine this classification.
    After pointing out the significance of variables and principal components in determining the quality of farms, we analysed the relationships between principal components and market prices. Some farms did not show the expected results by the discriminant analysis, so we supposed that the third principal component plays a great role in calculating prices. To prove this supposition, we applied the logistic regression method. This method shows how great a role the principal components play in classifying farms on the basis of price categories.

  • Interpretation of rurality and the situation of land use in Hungary
    79-85
    Views:
    472

    The summarizing data collection of our study has been carried out in the scope of the FP7-REGPOT-2010-1 ’UD_AGR_REPO’ project as a part of the cooperation with the University of Lincoln. The University of Lincoln is an important partner of the project, the knowledge transfer activities that have been carried jointly with them are multilateral. One of the most important cooperation areas is the analysis of rural areas, rurality itself, determination of breakout points, exploration of alternative income sources, diversification possibilities. Some part of the work of the University of Lincoln on the field of rural development is based on the assessment and documentation global similarities and differences of rural areas. Present study also contributes to that work, it has been prepared on the request of the University of Lincoln with the aim of providing insight into the special political and economic changes/processes that took place in Hungary, and through them into the structure and operation of the unique Hungarian rural areas.

    The study first positions the definition of rurality and rural areas into context on the basis of official EU and Hungarian legal classification. Then it covers the important agricultural nature of Hungary, which significantly determines the possibilities and properties of Hungarian rural areas. The further description of rural areas is completed by some historical summary, the introduction of ownership changes, detailed description of employment and income conditions and finally by the listing of breakout points of rural areas as a conclusion.

  • Drought cycle tracking in Hungary using Standardized Precipitation Index (SPI)
    97-101
    Views:
    584

     Drought is one of the natural hazard risks which badly affects both agricultural and socio-economic sectors. Hungary, which is located in Eastern Europe has been suffering from different drought cycles; therefore, the aim of this study is to analyse the rainfall data obtained from ten metrological stations (Békéscsaba, Budapest, Debrecen, Győr, Kékestető, Miskolc, Pápa, Pécs, Szeged, Siófok, Szolnok) between 1985 and 2016, by using the Standardized Precipitation Index (SPI).

    The results showed that 2011 was recorded as the worst drought cycle of the studied period, where the SPI ranged between -0.22 (extreme drought) in Siófok, and 0.15 (no drought) in Miskolc. In a similar vein, the study highlighted the year 2010 to be the best hydrological year, when the SPI reached 0.73 (mildly wet) on average. Interestingly, the Mann-Kendall trend test for the drought cycle showed no positive trends in the study area. Finally, more investigation should be conducted into the climate change spatial drought cycle in Europe.

  • Open Method of Coordination in the European research policy
    182-187
    Views:
    412

    Research, development and innovation (R+D) are of great importance nowadays as regards the competetiveness and economic growth of any given country. In the European Union the Lisbon Strategy considers R+D as a crutial means to enhance european competetiveness. The EU is substansially lagging behind its main competitors (USA, Japan) in this domain, furthermore developing countries (China, India) have recently been making
    great progress, thus posing additional challanges to our continent.  The EU needs to assess the present situation as soon as possible and meet the latest challenges in the most efficient way. In order to achieve this objective, the concept of the European Research Area (ERA) has been elaborated with the aim of reorganising, regrouping and integrating existing structures. The open method of coordination (OMC) is playing an important role in the implementation of this common area. It constitutes an alternative policy-making merthod to pure „intergovernmentalism” and the
    „community method”. The OMC in the field of research policy is coordinated by the Scientific and Research Committe (CREST), which provides a forum for member states to share their experience and reach their common goals.

  • Economic aspects of innovation in sheep breeding
    33-36
    Views:
    222

    Innovation, as a factor influencing the success of farming, is of outstanding importance also in agriculture. Only those businesses (enterprises, companies) can be successful in the longrun which are able to adapt the new technological elements and to make their own developments occasionally and make them suitable for practical utilization.
    The innovation activities performed by the enterprises, business organizations can be evaluated at firm (microeconomic) and national economy (macroeconomic) levels. In the case of sheep breeding also, a complex evaluation system should be applied, since this is a sector, which has significant rural development and social impacts. The innovation processes are analysed from the identification of the problem inducing research and development until the return of the invested resources.

  • Changes of legal forms at professional football ventures
    141-146
    Views:
    277

    Since the ’90s professional football has been going through an unprecedented economic growth. The football ventures are becoming more and more middle-sized companies. In football there are organizational changes, which are reflected in changes of legal forms of professional football clubs, and in using of modern controlling, planning, risk and financial management. In this paper we primarily wish to show the specificities of legal forms in German professional football, because we believe the German model is the best example for the future development of football around the world, and we believe this would be most advantageous towards our future development at home.

  • Regional interactions of bioenergy utilization
    159-162
    Views:
    152

    The backwardness of the rural areas compared to the cities poses a problem all over Europe. In Hungary, a relatively small size of the population lives in the capital, more than 80% of Hungarians live in rural cities or villages. The tension between the countryside and the cities is rather intensified and the symbiotic correlation would need to be restored. Many people migrate from the countryside, especially young adults, as they have no opportunities to find a job in their hometowns. This phenomenon poses big risks because getting a job is usually difficult everywhere and because fitting into a new environment always involves a lot of difficulties.

    Non-renewable energies are restricted and they will not be accessible after reaching a certain limit. People’s everyday activities and the functioning of the economy presuppose the availability of the necessary amount of energy. In the future, a solution that provides the longterm stability of energy for the world will become increasingly necessary. There is a huge potential in bioenergy, more specifically in biomass. The building of biomass plants and putting them into operation creates jobs in the rural spatial environments: a locally available resource that can help in creating the energy safety of the country and the reduction of the dependence on import. The production of energy crops or the crops whose purpose of use is energy could help in strengthening the multifunctional character of agriculture and it can represent a source of income for those living off agriculture under the current uncertain conditions.

  • Settlement network, demographic circumstances, healthcare, social service and educations in Szabolcs-Szatmár-Bereg county
    105-113
    Views:
    595

    Szabolcs-Szatmár-Bereg county shares its borders with three countries: Romania, Ukraine and Slovakia. The county is part of the North Great Plain Region, it is the third largest county of Hungary in terms of its population. The peripheric geographical location of the county gained importance by the EU accession, as the county represents a significant part of the eastern border of the EU.

    Szabolcs-Szatmár-Bereg county is one of the counties of the Great Plain with significant population in the outlying areas, out of the six counties of the Great Plain the population of outlying areas is the lowest in the county, its ratio has been significantly reducing in the past decades. In the six counties in 1990 the population of the outlying areas represented 22.3% of the total population, whereas in Szabolcs-Szatmár-Bereg county the ratio was 13.6%. The ratio has dropped to 6.2% and 4.1% respectively.

    The major aim of economic development is the improvement of the living conditions of the population, first and foremost by increasing family incomes. There are two main determining factors of family income level: employment ratio and the sectoral structure of employment.

    Between 1992–2010 the number of employees in the financial sector decreased from 89 000 to 75 000, whereas the number of employees in the non-financial sector grew dynamically from 40 000 to 65 000. Structural change was significant. In the non-financial sector the proportion of the two main employment fields (education and healthcare) swapped. The number of employees in the education sector decreased from 16 000 to 14 000, while the number of employees in the health and social care sector grew from 11 000 to 22 000.

    On the basis of statistics the number of kindergarten and primary school children reduced in the given period, while the number of secondary school aged children increased. In 1999 the number of secondary school children was 1/5th compared to the number of primary school children, whereas in 2010 their number almost reached 1/2. The student number in higher education doubled, which is a favorable phenomenon, though its structural changes raise some problems. The lack of technical trainings hinders exigent industrial development.

    Since 1990 the education level of the population has significantly improved, the number and proportion of secondary school students and university graduates have risen much more dynamically than in other regions of the country. In the county the proportion of secondary school students increased 63% more than the national average, while in the case of university graduates the county passed the average national growth by more than 54%. Due to the effect of structural changes the proportion of university graduates in the corresponding age group improved, its backwardness compared to the national average has ameliorated from 34% to 29%, in the group of secondary school graduates the disadvantage has moderated from 26% to 21%. The computer and internet supply, as well as the number of teachers and students enrolled in secondary education institutions have developed dynamically in the county. Their growth has much excelled the national average.

  • Dilemma of interpreting the Tisza space in regional dimensions
    169-171
    Views:
    223

    This study deals with the evaluation of an especially important area, since the Tisza river is the basis of the spatial organisation of the Great Plain, the main spatial structural axis of Eastern Hungary and also its ecologic corridor of continental significance. The Tisza is a river which connects five countries to each other and it has an enormous catchment area. Its longest section can be found in Hungary. Two million people live directly in the spatial environment of the river. The safety and favourable quality of life of these people have to be provided. This is a great challenge from the aspect of regional development, economic, technological improvement, the acceleration of innovation processes, as well as the establishment of natural and environmental harmony.

  • The measurement of successfully completed projects funded by the European Union
    9-12
    Views:
    261

    Projects funded by the European Union contribute significantly to the socio-economic development of Hungary, its increasing competitiveness, thereby the local people's general level of satisfaction, their ”happiness and prosperity”. Successful spending from the Union's funds, successful project implementation directly impacts all actors in the Hungarian economy and society. Therefore, to examine the factors that support or jeopardize the implementation of the projects is a priority at EU and national levels. My research and doctoral dissertation aims to develop a methodology to assess the management efficiency of projects supported by the European Union, implemented in Hungary taking into account all measurable factors (technical and special expertise) and the "suspected" factor (EU thinking learning).

    I intend to draw up guidelines for future EU funded project management teams to realize projects successfully for the benefit of Hungary.

  • Relationships of the sport and the life quality in the University of Debrecen
    87-96
    Views:
    263

    In the sport- life of the University of Debrecen there has been a demand formulated on the making of a comprehensive, long-term development plan, which obviously incorporates all
    fields of sport. This document guides the way for people in the sport- life of the university how they could organise their activities connected with sport on a calculable, predictable level.
    Necessarily, the preliminary collection of professional informations has been a basic requirement for the establishment of this document.
    The program provides foreseeable instructions to the organisation of sport pursuits both for sport people in the university, and members of the sport spehere in a wider sense. It
    offers a cohesive solution for all kinds of tasks defined with the sport life, and also gives a guidance for the various ways of realisations of these challenges. Thus it can answer such questions as for example how the university can conduce the initation of conditions for the healthy living through spare time sporting, how it can participate in the financing of contest sport with the contributing project of reinforcement training and how the university can support the sport life of handicapped people. The project also contributes to the cultivation of the sport traditions of the university by bankrolling not only the official university sport
    life but also the leisure time sporting of the students.
    On the basis of rethinking the situation of sport at the university with its future possibilities the program paraphrases the tasks of the university in the sport life, the long term aims of
    university sport politics with its operative aims that should be performed and also the possible steps which lead to these purposes.
    The target of the project is to turn the University of Debrcen in every field into a “Sporting University”. It means, that beyond the development of quality sport and outstanding contest sport a much wider range of university people should be included in sporting in order to utilize all the advantages of sport. With this the physical culture could become not only a substantial form of spending our free time, but with getting one of our natural everyday activities it can also become our lifestyle.
    Sporting prominently contributes to both the university students’s and the whole society’s mental and physical wellfare, and it also helps to improve our helthstate on various fields of life:
    with its special functions it is a means for establishing a healthy nation, for promoting common relationships, for nourishing the economic activity of people and also for strengthening the national values and one’s self-esteem through providing equal opportunities.
    The prosperousity of contest sport at the university and the maintaining and protesing of its efficiency fortifies our selfregard, as it is able to hold appropriate sportsmen up as examples
    to both present and future universtity students, and also offers exacting ways of entertainment. Besides all these the advataged purpose of the project is to find and delibaretaly include those
    necessary mechanisms which are needed for the working of the sport market.

  • Global tendencies in turkey meat production, trade and consumption
    83-89
    Views:
    919

    Global meat production totaled 357 million metric tons in 2021. Poultry accounted for nearly 40 percent of total meat production, including 4.2 percent of turkey meat (5.8 million tons). Global turkey meat production has stagnated between 5.5 and 6.0 million tons since 2008, in contrast to the monotonous upward trend in poultry meat production. Turkey meat production generally occurs under well-integrated conditions, with some large multinational companies and smaller, regional players. The industry is exposed to a number of factors that affect supply and demand, including disease outbreaks, government regulations, consumer preferences, and economic conditions. Key factors driving market growth include population growth, urbanisation, and increasing consumer awareness of the health benefits of turkey meat over other meats. In addition, advances in processing, packaging, and distribution technology have improved turkey meat's shelf life and availability, further fueling growth. Turkey farming and production are mainly concentrated in certain regions such as North America and Europe, where industrialisation has a long history and infrastructure is well developed. Turkey meat production in these areas is sufficient to meet local demand and is often exported to other regions. However, in other regions where turkey farming is less developed, such as parts of Asia and Africa, turkey meat production is insufficient to meet local demand. This type of meat must be imported from other regions. The degree of self-sufficiency in turkey meat depends on the level of development of the sector in each region. This study investigates the factors affecting global and regional markets for turkey meat and systematised the development of global consumption, production, and trade of turkey meat.

  • The European Union and competitiveness
    15-19
    Views:
    267

    I define first of all the competitiveness in my study „Analysing the competitiveness of the European Union”. After that I turn to the analysis of the competitiveness of the EU. The European competitiveness index and its concept were of great assistance during the analyses. The concept of the European competitiveness index has three main components: creative economy, economic performance, access to infrastructure. It is unambiguous that the European Union can only sustain and increase its position reached in the world economy, when its member states commit themselves for the completion of the knowledge based economic policy striving for competitiveness. The Europe 2020 strategy and the budget period 2007–2013 emphasize the outstanding role of competitiveness and urge to take the necessary measures.

  • Extras of the rural system of areas
    271-273
    Views:
    209

    The essay describes the rural system of areas as a system unit of mutually necessitating natural, social, economic and human environments. A new rural developmental model has been developed to achieve the effects that strengthen this system. The taxonomically interpreted effects are achieved through guiding projects. The author presents the connections of biomass – bioenergy generation to covey the message in practice.

  • Environmental Indicators – Agri-Environmental Indicators
    248-255
    Views:
    178

    close relation. This means that policies related to the economy and the environment cannot be handled without each other. The United Nations Conference (Stockholm, 1972) was the first global conference to signal that environment concerns have increasingly become subject of mainstream socio-economic policies. The process started in the Seventies, laying emphasis on environment protection, plays an important role in the policy of international agencies. The use of environmental indicators is essential for monitoring the effects of environmental measures. The best way of evaluating sustainability if the results can be compared on a global level. International efforts are being made by the United Nations (UN), the Organisation for Economic Co-operation and Development (OECD), the Statistical Office of the European Commission (Eurostat) and other international agencies to develop a framework for environment statistics. This study deals with these frameworks, paying attention to agri-environment indicators. Hungary became a member of the UN in 1955, of the OECD in 1996, and will become a member of the European Union in 2004. The first summary in connection with environmental indicators of Hungary, taking the OECD Pressure – State – Response framework as a basis, was published in 1994. As a result, comparability of environmental indicators for Hungary with those used international are given.

  • Financial Analysis of Agricultural Enterprises’ Economic Results
    270-279
    Views:
    130

    The main objective of this paper is to give an overview about the economic results and financial status of agricultural enterprises in Hajdu-Bihar Count, as well as, froa methodology viewpoint,find the place of the used indexes in the system of effectivity indexes in farm management . From the complex database describing the enterprises, the figures on the balance sheets and profit and loss accounts were used and analysed. As a result of the analysis the below statements can be made:
    The owner’s equity ratio within the total equity is very different in corporations and in individual farms. The lower values in case of corporations show their indebtedness. At the same time, the figures indicate that it is more difficult for individual farms to receive loans.
    The average of dynamic indebtedness indexes, in case of individuals are closer to 0 which generally derives from the low level of liabilities. The same indexes of corporations o the other hand show significant indebtedness. The figures indicate that the yearly cash flow can hardly cover the net liabilities.
    The profitability proportional to the production value is generally low, mostly negative, independent from size and organisational form.
    As a summary, it can be said, that individual as well as corporate farms suffer financing problems, the nature of these problems is different in the two groups. On the on hand, the operation and development of the individual, mostly the smaller, farms are hindered by the difficulties of acquiring external capital. On the other hand, the results of corporate, mostly the cooperative, farms is impeded by the burdens of liabilities accumulated in previous years.

  • Economic policy strategy of UNITAB
    83-90
    Views:
    189

    Under the leadership of the International Association of Tobacco Producers – UNITAB – there is a struggle going on for stabilizing the situation of European tobacco growers. UNITAB unites the tobacco associations and tobacco growers of all EU countries.
    Tobacco production ensures economic stability for more than 100 thousand small- and medium-sized farms in the rural areas of 10 EU countries. In addition, its social importance in the survival of rural communities is emphasized by the 400 thousand direct or related seasonal jobs.
    Within the framework of the CAP reform, the European Union is gradually changing the regulations of production. This is based on the decoupling of subsidies, which will be implemented in two phases. Between 2006 and 2009. the decoupling will be 40% and then after 2010, 50% (the other 50% will be used for restructuring within the second pillar). The question is raised, how will the second 50% be restructured to the second pillar. Between regions and how it can be ensured that this support would go to tobacco production.
    With its participation in the principles of the European Tobacco Charta, UNITAB targets for production under economically-balanced conditions, the production of products meeting the customer requirements, consideration of the working conditions (especially for seasonal workers) and adherence to the health regulations related to the consumption of the end product already in the production and environmental protection. They aim to ensure the survival of the sector via tobacco growing with sustainable development and high quality. To maintain the continuity, there is a need for the support of regional, national and EU authorities. Future of the sector is dependent upon adaptation of tobacco growers and upon meeting the social expectations.
    According to UNITAB, efforts should be made to modify the decisions so that the majority of the funding could be used by the grower. The tobacco industry has been able to effectively fight for its survival.

  • Slovenian economy in the grip of credit crisis – How to proceed?
    19-25
    Views:
    270

    The Slovenian economy has been through steep ups and downs post-EU accession (2004), and is at the crossroads again. The period 2004–2008 was characterized by balanced monetary and fiscal policies resulting in the adoption of the Euro (2007), coupled with overheated economic growth and propelling corporate indebtedness, fuelled by rapid credit expansion from cheap and abundant foreign funding.

    The global financial crisis has exposed the “home-grown” vulnerability of the Slovenian economy, bringing about the second largest GDP fall (9.4%) in the Eurozone after Greece, with a double-dip recession (2009, 2012–13). Growth rebounced in 2014 to 2.6% from its low, but the competitiveness of the Slovenian economy continued to slide in international rankings. For further recovery Slovenia, squeezed by high public debt at 82% of GDP, credit contraction despite EUR 5bn state aid injected into the 70% domestically (basically state) owned banking sector, and the continued threat of massive bankruptcy and debt overhang in the corporate sector, has 3 fundamentally different policy options.

    − Profound restructuring of the banking system and the real sector, on the basis of earnest privatization and voluminous FDI inflow.

    − Slow creditless recovery due to half-hearted reforms in the financial system and corporate sector.

    − Substituting wide-ranging micro level restructuring with Government-stimulated credit expansion, reproducing current tensions in even higher magnitudes in the future.

    In the current state of the Slovenian economy, equity-led growth, combined with far-reaching institutional reforms seems the only choice in laying the foundation for long-term sustainable economic development. This study outlines the critical further steps in re-invigorating the financial system, utilizing also the proposals elaborated by the author and his banking team for the Slovenian macro policy decision-makers.

  • The efficiency of the different elements of spring barley growing organic technology in the conditions the eastern steppe of Ukraine
    209-213
    Views:
    265

    The effectiveness the use of new nutrient complexes is studied. It is set that a combination of nutrient complexes with organic and organicmineral nutrition background promotes to good growth and development of plants during the growing season, provides the best parameters of crop yield structure and the crop yield and economic efficiency of spring barley cultivation in the condition of the Eastern Steppe of Ukraine.

  • The effect of different compost rates on the yield of ryegrass (Lolium perenne L.)
    95-98
    Views:
    316

    Protection of natural resources and sustainable natural resources management are essential for the long-term survival of humanity. This makes necessary nowadays the development of environmentally conscious living and spread of that in the future. The amount of organic waste materials, produced during human activities, could be decreased by composting instead of dispose them in landfills. Applying appropriate treatment technology and additives, the compost could be used as fertilizer for horticultural crops and it could increase the easily available nutrient content of soils. Compost utilization prevents nutrient deficiencies and by using the optimal rate, we could reach significant yield increases.