M3E2 2019-Towards a new economy in the public interest

Nowadays in conditions of the world space transformation, the role of individual countries and their groups varies considerably. Priorities for ensuring sustainable growth of the world economy are distributed between countries and their groups unevenly. It is influenced by the global economic situation cycles, by potential and possibilities for realizing the achievements of information and technological progress, by the newest dominant tendencies of geographic and regional development, etc. As a result, some countries are ahead of others in the terms of economic growth. The specificity of the modern world economic system lies in the fact that global economic growth depends on the implementation of national economic potential, the ability to apply existing and acquired factors of economic dynamics at the level of individual countries. One of the key characteristics of the structure of the modern world economy is the presence of a group of countries with emergent markets. The established classification of countries with growing (ascending, emergent) markets in the scientific literature is not formed, however, there are several research approaches regarding the content and criteria for identifying this group of countries. According to world-class scientists such as V. Kvint [1], T. Marois [2], M. A. Kose and E. S. Prasad [3], as well as according to international financial institutions, research centers (such as the British company FTSE, the corporation MSCI, the American financial company S&P, the American financial information firm Dow Jones & Company, Frontier Strategy Group, etc.), that deeply studied this problem, the formation of emergent markets in the world is associated with the presence of four main characteristics. The essence of the first one is that this group includes countries with a large population, resource base and highvolume markets, that are the engines of economic development in different regions of the world. The second feature is the transitive type of society, and specifically – implementation of internal economic and political reforms, the introduction of a policy of “openness” instead of a policy of strong state planning and control. The next feature is high rate of economic growth, as a result of the country’s active participation in international trade process. And the last feature is the significant growth of domestic and foreign investments due to the formation of a favorable environment for conducting business within the country. At the same time, according to the experts of the Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine, the issues of determining clear criteria for classification of countries belonging to this group remain unsolved, especially with relatively small area of the territory (less than 1 million square kilometers), as well as with limited market liquidity (in particular, Ukraine). According to their opinion in Ukraine the problems of the intensification of the processes of emergence of the economy are hampered by the problems of low innovation activity of domestic enterprises, the volatility of foreign economic activity and the instability of the political situation. Therefore, we offer some steps towards the formation of well-developed emergency economics in Ukraine. Among them: the financing of technological parks through venture capital funds with a minimum state participation, which should be the guarantor of the reliability of private investment; the creation of a stock market, the forecasts of which will allow you to navigate the dynamics of stock quotes, that in the case of coincidence of real and predicted values will indicate the correctness of the decisions on investing in certain innovative enterprises; commercialization of scientific developments at the expense of enterprises and research institutions entering the international market of innovative technologies by joining the system of technology transfer INDEV of the State Committee for Investment and Development, etc. Publications in the scientific literature prove a high level of interest in the theoretical and applied developments concerning the peculiarities and dynamics of the development of the countries of the emergent type. However, questions about the application of modern methods of investigation of the emergent properties of complex systems, sources and methods to the process of formation the emergent strategy of the country as a whole SHS Web of Conferences 65, 00001 (2019) https://doi.org/10.1051/shsconf/20196500001 M3E2 2019


Introduction
Nowadays in conditions of the world space transformation, the role of individual countries and their groups varies considerably. Priorities for ensuring sustainable growth of the world economy are distributed between countries and their groups unevenly. It is influenced by the global economic situation cycles, by potential and possibilities for realizing the achievements of information and technological progress, by the newest dominant tendencies of geographic and regional development, etc. As a result, some countries are ahead of others in the terms of economic growth. The specificity of the modern world economic system lies in the fact that global economic growth depends on the implementation of national economic potential, the ability to apply existing and acquired factors of economic dynamics at the level of individual countries.
One of the key characteristics of the structure of the modern world economy is the presence of a group of countries with emergent markets. The established classification of countries with growing (ascending, emergent) markets in the scientific literature is not formed, however, there are several research approaches regarding the content and criteria for identifying this group of countries. According to world-class scientists such as V. Kvint [1], T. Marois [2], M. A. Kose and E. S. Prasad [3], as well as according to international financial institutions, research centers (such as the British company FTSE, the corporation MSCI, the American financial company S&P, the American financial information firm Dow Jones & Company, Frontier Strategy Group, etc.), that deeply studied this problem, the formation of emergent markets in the world is associated with the presence of four main characteristics.
The essence of the first one is that this group includes countries with a large population, resource base and highvolume markets, that are the engines of economic development in different regions of the world. The second feature is the transitive type of society, and specificallyimplementation of internal economic and political reforms, the introduction of a policy of "openness" instead of a policy of strong state planning and control.
The next feature is high rate of economic growth, as a result of the country's active participation in international trade process. And the last feature is the significant growth of domestic and foreign investments due to the formation of a favorable environment for conducting business within the country.
At the same time, according to the experts of the Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine, the issues of determining clear criteria for classification of countries belonging to this group remain unsolved, especially with relatively small area of the territory (less than 1 million square kilometers), as well as with limited market liquidity (in particular, Ukraine).
According to their opinion in Ukraine the problems of the intensification of the processes of emergence of the economy are hampered by the problems of low innovation activity of domestic enterprises, the volatility of foreign economic activity and the instability of the political situation. Therefore, we offer some steps towards the formation of well-developed emergency economics in Ukraine. Among them: the financing of technological parks through venture capital funds with a minimum state participation, which should be the guarantor of the reliability of private investment; the creation of a stock market, the forecasts of which will allow you to navigate the dynamics of stock quotes, that in the case of coincidence of real and predicted values will indicate the correctness of the decisions on investing in certain innovative enterprises; commercialization of scientific developments at the expense of enterprises and research institutions entering the international market of innovative technologies by joining the system of technology transfer INDEV of the State Committee for Investment and Development, etc.
Publications in the scientific literature prove a high level of interest in the theoretical and applied developments concerning the peculiarities and dynamics of the development of the countries of the emergent type. However, questions about the application of modern methods of investigation of the emergent properties of complex systems, sources and methods to the process of formation the emergent strategy of the country as a whole and Ukraine in particular are still remain insufficiently studied.
In modern science, the achievements of modern mathematics, system analysis, decision-making theory, and so on are used to model and analyze the complex systems functioning. At the same time, the processes of globalization and integration, financial and economic instability cause the need to find out new tools that take into account elements of uncertainty, a significant number of risks and promote the efficiency of simulation processes.
The scientific contribution of modern scholars can be a guarantee for the improvement of the activities of various economic actors, the basis for the development of operational and strategic plans and programs of business and government activities. This collection of scientific works includes the research results of scientists aimed at improving the existing and developing new approaches in the modeling, management and monitoring of the emergent economy as a complex system. There were 71 submissions. Each submission was reviewed by at least 3, and on the average 3.1, program committee members. The committee decided to accept 52 papers. The program also includes 1 invited talks.