National economic image and soft economic power evaluation

The article provides a review of national economic image, brand, and soft economic power evaluation methods based on opinion polls or objective indicators. The author elaborates and tests a webometric method for evaluation of specific components of national economic image and soft power. National ec...

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Main Author: Oleksii Chugaiev
Format: Article
Language:English
Published: Scientia et Progressus Fundation 2015-12-01
Series:Torun International Studies
Subjects:
Online Access:https://apcz.umk.pl/czasopisma/index.php/TSM/article/view/9402
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author Oleksii Chugaiev
author_facet Oleksii Chugaiev
author_sort Oleksii Chugaiev
collection DOAJ
description The article provides a review of national economic image, brand, and soft economic power evaluation methods based on opinion polls or objective indicators. The author elaborates and tests a webometric method for evaluation of specific components of national economic image and soft power. National economic image is measured as the share of positive messages in total number of messages about economy of a country. Soft economic power is described as national economic image adjusted for absolute amount of positive economic information about a country. Various key words and expressions are used for web search query to analyze specific components of economic image (trade, inflation, finance, budget, quality, competitiveness, investment, business, corruption, corporate governance, wages, economic cooperation or conflicts, economic growth or crisis). The advantages and limitations of the suggested approach are discussed. The sample for testing the method includes Poland, Ukraine, Russia, Turkey, Romania, Germany, and Moldova. Germany and Poland have almost no major weaknesses, while Russia and Ukraine have almost no major strengths among economic image components. Germany is a soft power leader in the majority of areas, followed by Russia, Turkey and Poland. Ukraine, Romania, and Moldova can improve their image and soft power by better real economic performance and wider coverage of positive economic information about these countries.
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spelling doaj.art-c6d9a9c287674134b6199471937ca5342022-12-21T22:53:03ZengScientia et Progressus FundationTorun International Studies2391-49202391-76012015-12-0118132510.12775/TIS.2015.0028277National economic image and soft economic power evaluationOleksii Chugaiev0Nicolaus Copernicus UniversityThe article provides a review of national economic image, brand, and soft economic power evaluation methods based on opinion polls or objective indicators. The author elaborates and tests a webometric method for evaluation of specific components of national economic image and soft power. National economic image is measured as the share of positive messages in total number of messages about economy of a country. Soft economic power is described as national economic image adjusted for absolute amount of positive economic information about a country. Various key words and expressions are used for web search query to analyze specific components of economic image (trade, inflation, finance, budget, quality, competitiveness, investment, business, corruption, corporate governance, wages, economic cooperation or conflicts, economic growth or crisis). The advantages and limitations of the suggested approach are discussed. The sample for testing the method includes Poland, Ukraine, Russia, Turkey, Romania, Germany, and Moldova. Germany and Poland have almost no major weaknesses, while Russia and Ukraine have almost no major strengths among economic image components. Germany is a soft power leader in the majority of areas, followed by Russia, Turkey and Poland. Ukraine, Romania, and Moldova can improve their image and soft power by better real economic performance and wider coverage of positive economic information about these countries.https://apcz.umk.pl/czasopisma/index.php/TSM/article/view/9402economic powersoft powernational imagewebometric approacheconomic informationeconomic performance
spellingShingle Oleksii Chugaiev
National economic image and soft economic power evaluation
Torun International Studies
economic power
soft power
national image
webometric approach
economic information
economic performance
title National economic image and soft economic power evaluation
title_full National economic image and soft economic power evaluation
title_fullStr National economic image and soft economic power evaluation
title_full_unstemmed National economic image and soft economic power evaluation
title_short National economic image and soft economic power evaluation
title_sort national economic image and soft economic power evaluation
topic economic power
soft power
national image
webometric approach
economic information
economic performance
url https://apcz.umk.pl/czasopisma/index.php/TSM/article/view/9402
work_keys_str_mv AT oleksiichugaiev nationaleconomicimageandsofteconomicpowerevaluation