Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic Crisis

The main goal of the given research is to conduct cross-cultural analysis of financial support mechanisms in Europe in order to develop practical recommendations, focused on SME recovery, for emerging markets, in particular Ukraine. The article examines the main effects of pandemic on economy, focus...

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Main Authors: Alla Ivashchenko, Yuliia Kovalenko, Oleh Hubanov, Tamara Hubanova, Iryna Lutsenko, Anastasiia Fialkovska
Format: Article
Language:fas
Published: University of Tehran 2021-07-01
Series:Journal of Information Technology Management
Subjects:
Online Access:https://jitm.ut.ac.ir/article_82614_5428919a441bc84f6fce01eb5c31cbc7.pdf
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author Alla Ivashchenko
Yuliia Kovalenko
Oleh Hubanov
Tamara Hubanova
Iryna Lutsenko
Anastasiia Fialkovska
author_facet Alla Ivashchenko
Yuliia Kovalenko
Oleh Hubanov
Tamara Hubanova
Iryna Lutsenko
Anastasiia Fialkovska
author_sort Alla Ivashchenko
collection DOAJ
description The main goal of the given research is to conduct cross-cultural analysis of financial support mechanisms in Europe in order to develop practical recommendations, focused on SME recovery, for emerging markets, in particular Ukraine. The article examines the main effects of pandemic on economy, focusing on business disruption, in particular SME. The financial flows as a response on anti-pandemic prevention measures were analyzed all over the world through digital tools, namely BI, as well as differentiation of support measures. The general fall in the main macroeconomic indicators was indicated for European countries and the deep analysis of financial support mechanisms provided by states was conducted. Taking into account research results, it was revealed that complex policy mechanisms were developed mainly by advanced economies while emerging markets, in particular Ukraine, do not have the effective mechanisms aimed at eliminating negative effects of pandemic. So, on the basis of conducted analysis the practical recommendations for emerging markets, in particular Ukraine, were developed using relevant European experience
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spelling doaj.art-111463e1555e44fabc242dab663f09ae2022-12-22T01:49:23ZfasUniversity of TehranJournal of Information Technology Management2008-58932423-50592021-07-0113Special Issue: Advanced Innovation Topics in Business and Management14216210.22059/jitm.2021.8261482614Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic CrisisAlla Ivashchenko0Yuliia Kovalenko1Oleh Hubanov2Tamara Hubanova3Iryna Lutsenko4Anastasiia Fialkovska5Corporate and Controlling Department, Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine.Department of Financial Markets, University of the State Fiscal Service of Ukraine, Irpin, Ukraine.Development Strategy Implementation Department, Taras Shevchenko National University, Kiev, Ukraine.Private Higher Educational Institution "Financial-Legal College", Kiev, Ukraine.Department of Finance, Odessa National Economic University, Odessa, Ukraine.Department of Economics, Law and Business Management, Odessa National Economic University, Odessa, Ukraine.The main goal of the given research is to conduct cross-cultural analysis of financial support mechanisms in Europe in order to develop practical recommendations, focused on SME recovery, for emerging markets, in particular Ukraine. The article examines the main effects of pandemic on economy, focusing on business disruption, in particular SME. The financial flows as a response on anti-pandemic prevention measures were analyzed all over the world through digital tools, namely BI, as well as differentiation of support measures. The general fall in the main macroeconomic indicators was indicated for European countries and the deep analysis of financial support mechanisms provided by states was conducted. Taking into account research results, it was revealed that complex policy mechanisms were developed mainly by advanced economies while emerging markets, in particular Ukraine, do not have the effective mechanisms aimed at eliminating negative effects of pandemic. So, on the basis of conducted analysis the practical recommendations for emerging markets, in particular Ukraine, were developed using relevant European experiencehttps://jitm.ut.ac.ir/article_82614_5428919a441bc84f6fce01eb5c31cbc7.pdffinancial supportdigital toolsbusiness intelligence (bi)state support mechanismssmepandemic crisissme recovery
spellingShingle Alla Ivashchenko
Yuliia Kovalenko
Oleh Hubanov
Tamara Hubanova
Iryna Lutsenko
Anastasiia Fialkovska
Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic Crisis
Journal of Information Technology Management
financial support
digital tools
business intelligence (bi)
state support mechanisms
sme
pandemic crisis
sme recovery
title Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic Crisis
title_full Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic Crisis
title_fullStr Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic Crisis
title_full_unstemmed Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic Crisis
title_short Digital Tools in Cross-Cultural Analysis of Sme Financial State Support in the Conditions of Pandemic Crisis
title_sort digital tools in cross cultural analysis of sme financial state support in the conditions of pandemic crisis
topic financial support
digital tools
business intelligence (bi)
state support mechanisms
sme
pandemic crisis
sme recovery
url https://jitm.ut.ac.ir/article_82614_5428919a441bc84f6fce01eb5c31cbc7.pdf
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AT olehhubanov digitaltoolsincrossculturalanalysisofsmefinancialstatesupportintheconditionsofpandemiccrisis
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AT irynalutsenko digitaltoolsincrossculturalanalysisofsmefinancialstatesupportintheconditionsofpandemiccrisis
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