SocioEconomic Challenges (SEC)

ISSN (print) – 2520-6621
ISSN (online) – 2520-6214

Open access journal

Editor-in-Chief: Dr., Prof. Olha Kuzmenko

Scientific Peer-Reviewed Open Access Journal – SocioEconomic Challenges (SEC), ISSN (print) 2520-6621, ISSN (online) 2520-6214 was founded by Sumy State University, Ukraine in 2016 and registered by the Ministry of Justice of Ukraine (Certificate No. KB 22380 – 12280Р from October 31, 2016).

It was founded by Sumy State University.

The language of publication is English.

Issued quarterly

Open access statement

This journal allows readers to read, download, copy, distribute, print, search, or link to the full texts of its articles and to use them for any other lawful purpose with due acknowledgement (citation) to authors and the journal.

Contact us:

or Managing Editor

Current issue

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Aims and scope Instruction for authors Editorial and Review Board Indexing Peer review process Article processing charge 9 steps to publishing in scientific journal

The Journal of SocioEconomic Challenges promotes the development of scientific cooperation and international dissemination of theoretical and empirical research, as well as the best world practices for ensuring the stability of social and economic processes in the context of globalization, democratization, ecologization and digitalization of social relations.

The journal’s policy is to develop modern scientific thought regarding the latest achievements and urgent economic and social problems among scientists from different countries of the world. When the article is accepted for publication, the editorial board of the journal is guided by their scientific novelty, uniqueness, theoretical value and practical contribution to the development of modern science.

Our journal publishes original articles of basic and applied research, conceptual and empirical papers, conference papers, case studies and critical reviews.

Key topics:

  • Economic Growth;
  • Digitalization of the public sector, social and economic relations;
  • Globalization and international socio-economic relations;
  • Influence of state policy on socio-economic development;
  • Stability and sustainability of socio-economic systems;
  • Greening the economy and society;
  • Economy of corporate and civil sectors and households, entrepreneurship;
  • Demographic, migration processes and employment;
  • Sociological studies and socio-economic processes;
  • Combating poverty and rational distribution of income and resources;
  • Economic security and the fight against corruption;
  • Connection of sociological, economic and political processes.

Only articles that have passed the double-blind peer review process will be published.

Each article before it is accepted for printing, is tested for plagiarism with the help of Unicheck software products.

Each article is assigned an international digital identifier DOI (Digital Object Identifier).

The implementation of the journal’s editorial policy is carried out within the framework of the activities of ARMG Publishing Center of the Sumy State University.

The journal’s recommendation to the press is given by the Academic Council of Sumy State University on the recommendation of the editor-in-chief.

The acceptance rate of submitted papers is about 25-30%.

Manuscript organization

Open access

Journals “Business Ethics and Leadership”, “SocioEconomic Challenges” and “Financial Markets, Institutions and Risks” use an open access model. It means that articles are publicly available to all, free of charge and without restriction and allows our readership to read, download, copy and print full versions of texts.

General guidelines for authors

Articles should be between 3000 and 7500 words in length.

All submissions should be formatted in the following way: typewritten in 11 Times New Roman, double-spaced, no page numbers, no page breaks, and with no tables or figures included within the text. Article files should be provided in Microsoft Word format.

The paper organization is the following:

Article Title

A title of not more than ten words should be provided. The title should present the study design.

Author Details

  • Full name.
  • Place of work / study (in full).
  • Position.
  • Scientific degree.
  • Academic rank.
  • Work address.
  • Work telephone.
  • Address for correspondence.
  • Contact number.
  • E-mail.
  • ORCID (one can register here:

An Open Researcher and Contributor Identifier (ORCID iD) is a unique and persistent digital identifier used to disambiguate researchers from one another. Created by ORCID, this iD helps ensure that work is properly attributed and that you receive credit for everything you do. It integrates with other identifiers (e.g., ResearcherID, Scopus and LinkedIn) and databases (e.g., Crossref) to centralize your research outputs and professional profiles. Your ORCID iD remains the same regards of whether you change your name, your institution, your country or your field of research and provides a unique and permanent marker of your scholarly contributions.

All information must be complete and accurate.


The abstract should be 250-300 words. The abstract should indicate the purpose of the article, briefly describe the author’s contribution to the solution of the scientific issue, determine the scientific novelty and the practical significance of the results obtained, give the main conclusions of the study. The text of the abstract should be concise, clear, free of secondary information, give a clear and objective notion about the essence of the article. It should not contain results that are not presented and not substantiated in the main text of the article. The abstract should not contain abbreviations and citation.


The keywords are presented in the article in order to attract the attention of interested readers, to simplify the search of the manuscript through searchers. The number of keywords (phrases) should be from 4 to 10, which are given in alphabetical order.

JEL Classification

Our articles are classified according to the JEL classification codes (this is a system of codes for the topic of publications in economics, developed by the Journal of Economic Literature (JEL) and is available on the website of the American Economic Association The article should contain from 1 to 5 JEL codes, each of which should consist of three characters (for example, D80, Z19). If the author has difficulties in defining the JEL code, then he has the opportunity to ask for help from the managing editor.

Main text of the paper:


In the introduction, the essence and purpose of the research, the formulation of the problem in general terms and its connection with other scientific or practical tasks, the detailed description of the current state of the problem under study are indicated. The purpose of the introduction is to provide the reader with complete information about the problem and possible ways of its solution, summarize the relevance of the research, its scientific and practical significance.

Literature Review

This section gives the analysis of research and publications, which set the beginning of the solution of this problem and which are the basis for the author / authors. The unresolved issues are allocated, which are part of the general problem, which the article is devoted to.

Methodology and research methods (if necessary)

This section gives a brief description of the positive and negative methodological experience, determines the hypotheses that underlie the research, scientific theories and schools, within which this research is carried out, methodological and empirical limitations of the research.

This section also describes the methods of data collection and processing used in the study, the empirical bases of the study. If the article contains the results of sociological research, then the name of the organization or persons who conducted the research should be noted as well as the type of research, the period of its conduct and the range of the analyzed data, the sampling error, methods of data collection (for example, interviews, observations, experiments, analysis of the content etc.) and so on. If the article contains the results of statistical analysis of data, then this section describes the applied methods of data analysis, gives the characteristics of the adequacy and reliability of the results obtained, provides information on the sources of statistical information, databases, etc.

The methodology and methods should be described with sufficient details to allow the reader to verify the results of the study. If there are any restrictions on the disclosure of part of the information or access to data, this should be indicated in this section.


This section presents the basic material of the research with the full justification of the received scientific results. The submitted material must be logically linked, clearly stated, and have the appropriate structure (if necessary, each part may have a name). During the presentation of the material, the scientific style should be followed.

Conclusions, Discussion and Recommendations

This section is a concise summary of the main findings of the study. Revealed new phenomena and confirmed facts should be described and accompanied by an appropriate comment. The conclusions should be logically consistent with the title and purpose of the article, thorough, contain a comparison of the results with the analogues, recommendations for their implementation. It is advisable to give a clear vision of the prospects for further research in this area.

Acknowledgements and Research Funding (if necessary)

In this section, the authors provide information on the organization or individual supporting the study. It is also possible to mention other persons who participated in the research (technicians, laboratory assistants, etc.). Referring to the source of funding for the research, it is mandatory to indicate the name of the fund, the name and number of the grant (research topic).

List of Abbreviations (if necessary)

If abbreviations are used in the text they should be defined in the text at first use, and in this section a list of abbreviations should be provided in alphabetical order.


The correct link in the article text to the source, listed in the literature list at the end of the article, should be as follows:

  • for the work of one author – indicate the author’s last name (Adams, 2006);

  • for the work of two authors – indicate the last names of the two authors (Adams and Brown, 2006) or the name of the first author followed by “et al. ”;

  • for the works of several authors – indicate the last name of the first author followed by “et al. ” (Adams et al., 2006).

References should be listed in alphabetical order by the first author’s last name at the end of the article. References to other publications must be carefully checked for completeness and accuracy.

For example:

Journal article

Author, A.A., Author, B.B., Author, C.C., Author D.D. (2005). Title of article. Title of Journal, Vol. (No.), 49-53.

Article by DOI

Slifka, M.K., & Whitton, J.L. (2000). Clinical implications of dysregulated cytokine production. Journal of Molecular Medicine, doi:10.1007/s001090000086.


Timoshenko S.P., Young D.H., Weaver W. (1974). Vibration problems in engineering. 4th ed. New York, Wiley. 521 p.

Online document

Abou-Allaban, Y., Dell, M. L., Greenberg, W., Lomax, J., Peteet, J., Torres, M., & Cowell, V. (2006). Religious/spiritual commitments and psychiatric practice.

Resource document. American Psychiatric Association. Accessed 25 June 2007.


If Appendixes are provided, they appear on a new page after the figures. Multiple appendixes are labeled with letters (Appendix A, Appendix B).


All figures (diagrams, line drawings, web pages/screenshots and photo images) should be submitted in electronic form. Submit figures as separate high-resolution (300 dpi) JPEG, PDF or PNG images. All figures should be of high quality and clear. They should be numbered consecutively with arabic numerals in accordance with their position in the text. The text of the article should refer to all the figures. Diagrams and drawings can be black-and-white or colored. Each figure should have a name that is placed beneath symmetrically to the text. Explanations to the figures should be concise, meaningful, reveal the symbols and abbreviations used in them.


Tables should be typed and included in a separate file to the main body of the article. The text of tables should be written using Times New Roman 10pt. The position of each table should be clearly stated in the body text of article. Do not submit tables as non-editable images. All tables should be numbered consecutively in accordance with their position in the text, each of which should contain a link in the text of the article. The table header should be short and reveal the table content. If it is necessary to provide a note to the text of the table explaining the abbreviation, or possible error in the calculations given in the table and so on, then it should be listed below the table.


All formulas in the article should be numbered sequentially, beginning with (1) to the end of the article, including attachments. The number should be given in parentheses to the right of the formula in the same line with the formula. This number of the formula should be used when referencing it later in the text of the article (for example, equation (1)). Formulas and equations must be created in Microsoft Equation or Math Type editors in MS Word. They must be editable, all characters must be clearly identified (upper and lower case letters, other symbols, upper and lower indices, avoidance of confusion, for example, between zero and the letter “o” etc.). After the formulas, explanations to all the characters and units in which they are measured should be given.


All papers are published in English.

Copyright and author’s rights

Articles submitted to the journal should not have been published before in their current or substantially similar form, or be under consideration for publication with another journal. Authors submitting articles for publication warrant that the work is not an infringement of any existing copyright and will indemnify the publisher against any breach of such warranty. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of the publisher unless otherwise agreed.

We take issues of sscientific misconduct, copyright infringement, plagiarism or other breaches of best practice in publication very seriously. We are focused on the rights protection of our authors. Also we seek to protect the reputation of the journal against malpractice. Submitted articles will be checked with duplication-checking software by using Unicheck.

This Journal provides authors with CC BY license. It permits use, distribution and reproduction in any medium, provided the original work is properly cited. The CC BY license permits commercial and non-commercial reuse.

  • Olha Kuzmenko

    Head of the Editorial Board. Doctor of Economics. Professor. Head of Economic Cybernetics Department, Sumy State University. Head of Scientific and Educational Center for Business Analytics, Ukraine.
    Research interests: Economic Stability, Business Analytics, Anti-Money Laundering/Combating the Financing of Terrorism, Insurance and Reinsurance, Risk Assessment, Financial Monitoring, Econometrics
  • Chang Woon Nam

    Dr, Professor, Senior Economist at Ifo Institute – Leibniz Institute for Economic Research at the University of Munich, Ifo Center for International Institutional Comparisons and Migration Research, Professor of Economics at University of Applied Management, Germany.
    Research interests: Public Finance, Regional Economics, Asian Economy.
  • Hai-Chin Yu

    PhD, Professor of Finance, Department of International Business, Chung-Yuan University, Taiwan.

    Research interests: Corporate Finance, Capital Market, Financial Institution Management.
  • Patrick Hayden

    PhD, Professor, Chair of Political Theory and International Relations, University of St Andrews, UK.

    Research interests: International Political Theory, International Ethics, Contemporary Political Theory, History of Social and Political Thought, Critical Theory, Human Rights, Genocide Studies, Ethics and Politics of Globalization.
  • Paul Gentle

    PhD, Visiting Economist, Auburn University, USA; Guangzhou Institute of Technology, China.

    Research interests: Public Finance, Macroeconomics, Economic History.
  • Rudrarup Gupta

    Commercial Manager of Multifarious Projects Group, India; Overseas Reviewer, World Academy of Science and Technology, USA.

    Research interests: Management, Leadership, Sales & Distribution Management and E- Commerce.
  • Yener Coşkun

    Dr, Senior Specialist, Capital Markets Board of Turkey, Visiting Lecturer, Izmir University of Economics, Turkey.

    Research interests: Financial markets, housing finance, capital markets, regulation, real estate valuation.
  • James Alm

    PhD, Professor and Chair, Department of Economics, Tulane University, New Orleans, LA USA.

    Research interests: Public Economics.
  • Cezarina Adina TOFAN

    PhD, Lecturer, Faculty of Accounting and Finance, Spiru Haret University, Romania.

    Research interests: industrial management.
  • Richard Adepeju

    Professor of Banking and Management Sciences, Project Manager, School of Transport, Lagos State University, Lagos, Nigeria.
    Research interests: banking and finance, business and management, leadership, corporate governance, business ethics, strategy, marketing, human resource management.
  • Rafael Grasa Hernández

    PhD, Professor of international relations, Autonomous University of Barcelona, President of International Catalan Institute for Peace, Spain.

  • Istemi Demirag

    PhD, Professor and Head of Accounting Group; Director of Post Graduate Research at Keele University Management School, UK.
    Research interests: Good Governance, Effective and Intelligent Accountability and Networking in Hybrid Organisations; Performance Management and Public Private Partnerships (PPPs) especially Risk Transfer and Management issues.
  • Spyros Papathanasiou

    Dr, Adjunct Lecturer in Finance, Faculty of Social Sciences. Hellenic Open University, Greece.

    Research interests: Finance, Investments, Behavioral Finance, Technical Analysis. Entrepreneurship.
  • Issam Buhaisi

    PhD, Full Professor of Accounting, Head of Accounting Department at University of Plaestine, Gaza-Palestine.

    Research interests: Financial Accounting, Financial Management and Analysis, Accounting Information System, IFRS Adoption and Adaptation, Accounting in Developing Countries, Using Accounting Information on Decision Making.
  • Haifeng Huang

    PhD, Professor, Assistant Dean, Peking University HSBC Business School (PHBS), China.

    Research interests: Economic Transition, Strategic Management, Regional Economics, Green Economics.
  • George Ramos

    PhD, Leisure and Culture, Tourism Professor, Polytechnic Institute of Castelo Branco, Portugal.

    Research interests: Economic and Social Geography, Cultural Landscapes, Tourism and Development.
  • Christian Richter

    PhD, Professor of Economics, Head of Department of Economics, Faculty of Management Technology, German University in Cairo, Egypt.
    Research interests: Behavioural Economics and Finance, Convergence of Business Cycles, Eurozone Crisis, Financial Economics, Time Frequency Analysis and Climate Change.
  • Clem Tisdell

    PhD, Professor Emeritus in School of Economics, The University of Queensland; Professorial Associate with Risk and Sustainable Management Group, School of Economics, The University of Queensland, Research Associate CEPA, Australia.
    Research interests: Ecological economics, social economics, tourism economics, development economics.
  • Celso Nunes

    PhD, Professor of Economics, Department of Management and Economics, Faculty of Social Sciences, Madeira University, Portugal

    Research interests: Economics of Education, Income Distribution, Poverty Measurement and Social Economics.
  • Roberto Garza Barbosa

    PhD, Professor, School of Law, Tecnológico de Monterrey, Campus Monterrey, Mexico.

    Research interests: commercial law, civil law, intellectual property and e-commerce.
  • Alejandra Trejo-Nieto

    PhD, Research Professor, Center for Demographic, Urban and Environmental Studies, The College of Mexico, Mexico.
    Research interests: Industrialization, Labor Markets, Economic Growth, Productivity and Efficiency, Specialization, Location and Spatial Distribution of Economic Activities.
  • Adriatik Kotorri

    PhD, Professor of finance and banking; Trainer and researcher in agricultural projects; Faculty of Economics, University of Tirana, Albania.

  • Hidayat Ullah Khan

    PhD, Chairperson, Department of Economics at Kohat University of Science & Technology (KUST), Kohat, Pakistan.

  • Larysa Hrytsenko

    Dr, Professor, Department of Finance and Entrepreneurship, Sumy State University, Ukraine.

    Research interests: state investment policies, public-private partnership, financial and economic aspects of enterprises activity, investment projecting.
  • Nadiya Kostyuchenko

    PhD, Associate Professor of Economic Theory Department. Head of the Teachers Training Faculty at Sumy State University, Ukraine.

    Research interests: Environmental Economics, Institutional Economics, Sustainable Development.
  • Sergiy Dmytrov

    Dr, Professor, Member of Management Board, Head of Financial Monitoring Department, Bank Credit Dnepr PJSC, Ukraine.

  • Donatella Porrini
    PhD, Associate Professor in Economic Policy, National Scientific Qualification for Full Professorship; Department of Economic Science, University of Salento; Scientific Director of ISUFI (Interdisciplinary Institute of Advanced Studies) at University of Salento, Italy.
    Research interests: Law and Economics, Insurance Market Competition, Big Data Effects on Financial Market, Environmental Policy Instruments Choice, Climate Change Policies.
  • Iryna D’yakonova

    Dr, Professor, Head of Educational and Research Institute for Business Technologies, Sumy State University, Ukraine.

    Research interests: State Regulation of The Economy, International Finance, Financial Crises.
  • Serhat Güvenç

    PhD, Professor of International Relations, Kadir Has University, Turkey.

    Research interests: Turkish Foreign Policy, European Integration, Defence and Security Studies, Military History, Naval History.
  • Octavian Jula

    PhD, Associate Professor, Faculty of Economics and Business Administration, Babes Bolyai University, Romania.
    Research interests: Economics, Corporate Governance, Taxation, Microeconomics, Macroeconomics, Real Estate Market, Economic Diplomacy.
  • Mykhailo Makarenko

    Dr, Professor of the Department of International Economics, Sumy State University, Ukraine.

    Research interests: Financial Globalization, Anti-inflation Regulation, Monetary Policy of Central Banks, International Competitiveness of Business.
  • Cristiano Perugini

    PhD, Associate Professor at the Department of Economics, Finance and Statistics, University of Perugia, Italy.

    Research interests: Inequality, Labour Market, Regional Development.
  • Fabrizio Pompei

    PhD, Associate Professor in Applied Economics at the Department of Economics, University of Perugia, Italy.

    Research interests: Institutions and Wage Inequality; Economics of Innovation and Labour Market; Economics of Innovation and Corporate Governance; Economics of Innovation and Regional Development.
  • Francesco Pastore

    PhD, Associate Professor of Economics, University of Campania Luigi Vanvitelli; Research Fellow of the IZA of Bonn, Italy.

    Research interests: Micro and Macroeconomics, Labor Economics, Education Economics, Industrial Economics and International Trade, Non-profit organizations.
  • Manuel Alejandro Cardenete Flores

    PhD, Full Professor University Loyola Andalucia, Director of Loyola Leadership School, Spain.

    Research interests: Input-Output Models, SAM Models and Computable General Equilibrium Models – at regional and national level- using GAMS, PyIO, SIMSIPSAM and GTAP softwares.
  • Giuseppe Lucio Gaeta

    PhD, Assistant Professor of Public Economics, University of Naples L’Orientale, Naples, Italy; Associate Research Fellow at c.MET05 – Inter-University Centre for Applied Economic Studies on Industrial Policy, Local Development and Internationalization, Italy.
    Research interests: Education Economics, Cultural Economics, Political Economy.
  • Petr Šauer

    Prof. Ing. CSc., Prof. h.c., Institute for Sustainable Business, Director of Environmental Policy Unit at Department of Political Science, Chair at University of Economics in Prague, Faculty of International Relations, University of Economics in Prague, Czech Republic.
    Research interests: Environmental Economics, Science, Technology and Environmental Politics.
  • V.J. Byra Reddy

    PhD, Professor in Management and Assoc. V-P Academics and Accreditations at University of Petroleum and Energy Studies, India.

    Research interests: Managerial Economics, Advanced Micro Economics, International Business, Research Methods.
  • Oguz Demir

    PhD, Assistant Professor of Economics at Istanbul Commerce University, the Director of International Research Center for Creative Economy established by UNCTAD and Istanbul Commerce University, Turkey.

    Research interests: Development Economics, International Economics, Knowledge Economics; Integration.
  • Sudhir Rana

    PhD, Assistant Professor, Fortune Institute of International Business (FIIB), New Delhi, India.

    Research interests: international marketing, international positioning process, benefit-impacts of internationalization, marketing education and sustainable development.
  • Joanna Fomina

    PhD, Assistant Professor, Professional employment Institute of Philosophy and Sociology, Polish Academy of Sciences, Poland.

    Research interests: European integration, sociology of migration, civic participation.
  • George Voskopoulos

    PhD, Associate Professor of European Studies, Research Coordinator, Jean Monnet Chair, Centre of Excellence at the Department of International and European Studies, University of Macedonia, Thessaloniki, Greece, f. Head of the Department (9/2013-7/2016).
    Research interests: European integration theories, European governance, EU institutions, international security, comparative foreign policy, CSDP of the EU, transatlantic relations.
  • Andżelika Kuźnar

    PhD, Institute of International Economics, Collegium of World Economy, Warsaw School of Economics, Poland.
    Research interests: International trade in services, Intellectual property protection, International trade policy, Foreign direct investment.
  • Lina Sineviciene

    Dr, Lecturer at the Department of Finance, School of Economics and Business, Kaunas University of Technology, Lithuania.
    Research interests: private investment behavior, public finance, fiscal policy, development of financial system, sustainable development.
  • Medani P. Bhandari

    PhD, Professor, Department of Natural Resource & Environment / Sustainability Studies, Akamai University, USA.
    Research interests: sustainable development, climate change mitigation, protected area management, institutional architectures of biodiversity conservation, environmental system monitoring and analysis, migration / immigration, flood management, conflict management.
  • Hasmik Hovhanesian

    PhD, Docent of Economics and International Economic Relation Department, Faculty of Economics and Management, Yerevan State University; Expert at Public Private Dialogue Network, Armenia.
    Research interests: foreign trade, export promotion policy, free trade agreement, regionalization, foreign trade investments.
  • Pedro Cosme da Costa Vieira

    Assistant Professor with Tenure and Habilitation, Faculty of Economics, University of Porto, Portugal.

    Research interests: macroeconomic models, econometrics, information management, human capital, corruption.
  • Gang Wang

    PhD, Merton M. Sealts, Jr. Visiting Assistant Professor, The College of Wooster, USA.

    Research interests: monetary economics, financial economics and time series.
  • Larysa Sysoyeva

    Dr, Associate Professor, Research Fellow, Alfried Krupp Wissenschaftskolleg, Greifswald, Germany (2016-2017); Department of Finance, Banking and Insurance, Sumy State University, Ukraine.

    Research interests: European Financial Integration, Financial Regulation, Financial Stability.
  • Yucheng Jiang

    PhD, The People’s Bank of China, Financial Research Institute, Beijing, China.

    Research interests: Monetary Policy, Financial Economics, Econometrics.
  • Nino Bitsadze

    PhD Student, Tbilisi State University, Chief Specialist at Department of Scientific Grants and Programs Ensuring, Evaluation and Analysis, Shota Rustaveli National Science Foundation, Georgia.

    Research interests: macroeconomics, development economics, international economics, economic growth.
  • Oleksii Lyulyov

    PhD, Associate Professor of Economics, Entrepreneurship and Business Administration Department. Deputy Director of education work of Oleg Balatsky Academic and Scientific Institute of Finance, Economics and Management at Sumy State University, Ukraine.

    Research interests: Economic Growth, Economic Stability, Global Economics, Models of Social and Economic Development.
  • Edgardo Sica

    PhD, Assistant Professor of Economics, Department of Economics, University of Foggia, Italy.

    Research interests: financial analysis of eco-innovative companies, evolutionary analysis of the sustainable development, FDI-related spillover effects.

  • External reviewers

    List of External Reviewers


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The process of reviewing scientific articles is an important stage in the publication process, which helps the editor-in-chief decide on the publication of the article, and the author himself – improve the manuscript.

Journal “SocioEconomic Challenges” have a system of double-blind peer review. This means that reviewers and authors remain anonymous.

The main criteria for articles selection are originality of scientific ideas and proposals, innovation of the scientific approach, significance of scientific results in its scientific field, theoretical basis of the article, quality and completeness of the review of existing research and publications, clarity of the research methodology, literacy and adherence to editorial requirements.

Manuscripts for review are sent to reviewers of the journal according to the field of their scientific interests.

Reviewers give one of the following recommendations:

  • accept the article for printing in its original form;
  • article requires minor corrections, which are indicated in the review;
  • substantial review of the article content is required, recommendations for the improvement of the material are indicated in the review;
  • reject the article on the basis, which is stated in the review.

The review reports with comments are sent to the authors.

Editorial Board makes the final decision about the submitted manuscripts.

The author receives comments and recommendations on improving the material submitted to the e-mail. The article review process lasts about 2 months.

The ideas and offers, stated in articles, not necessarily coincide with the point of view of the Editorial Board. The responsibility for reliability of the information in articles, accuracy of the titles, statistical data, names and citations is carried by the authors.

Each article before it is printed, is being tested for plagiarism with the help of Unicheck software products. In cases of plagiarism detection, the authors of the materials provided are considered responsible.

Materials submitted for publication in the journal “SocioEconomic Challenges” can not be published in other scientific publications.

The author, institution or sponsor of the research pays an article publication charge (APC) for the article publication. The article publication charge is carried out to the account of Sumy State University. The cost of publishing articles is set in accordance with the estimate, which is calculated as a rule, annually (can be periodically adjusted), and approved in accordance with the regulatory framework of Sumy State University. The payment is made after the acceptance of the article for publication. The payment for publication is made in the form of a subscription to the journal number, in which the article will be published. As of 01/01/2018, it is 1100 UAH. For authors, discounts are available, the decision on granting of which is made at the discretion of the Editor-in-Chief in consultation with the Publisher. informational and presentation materials can be placed in printed versions of the journal and on the website. The editorial board can also provide additional information and analytical paid services. Clarifications and consultations on all financial matters, as well as invoices are provided by the responsible editor:

Step 1. Preliminary submission of the article’s abstract. Preliminary submission to the editorial board of the abstract of the article will allow to assess its relevance to the topics of the selected journal. To do this, the corresponding author can send an abstract of the article to the e-mail of the responsible editor who should respond within a week. In electronic correspondence with managing editor, authors can receive an answer to all questions related to editorial policy, financial issues of publication, terms, etc.

Step 2. Submission of the full-text article to consideration. The corresponding author sends the full text of the article to the e-mail specified in the contacts of the selected journal. The article is considered by managing editor regarding the compliance with the topics and requirements of the selected journal. Managing editor must notify the corresponding author about the results of review not later than in a week.

The corresponding author must ensure that all the co-authors listed in the article have approved its final version, and also agreed to submit it to the publication. Article submission for publication in the journal provides that all authors (co-authors) approve its publication and all of them took part in the study and / or preparation of the article. When submitting an article for consideration by the editorial board, accurate and reliable contact information of corresponding author should be submitted, who will be fully responsible for all aspects related to ethical issues and the originality of the content of the article, act as the main contact in the event of any disputes and inquiries before or after the publication of the article. By submitting an article for publication, the authors (co-authors) should fully take into account the requirements of the editorial board and the publisher on the content and quality of the presentation of the original data. If necessary (at the request of the editor), the authors (co-authors) should provide the authorship or originality of the material presented, explanations in case of revealed inconsistencies in the disclosure of important information. The publication of the manuscript means that this article was not previously published and is not considered for publication in another journals and was approved by all co-authors and the institution in which the study was conducted. The publisher is not legally responsible for any claims.

Step 3. Checking the article for originality. The editor checks the submitted materials for originality using the Unicheck software product to detect plagiarism. The managing editor must notify the corresponding author about the results of checking not later than in a week.

Step 4. Author’s agreement. Authors will be sent an author’s agreement form for further filling. Each author must sign this agreement. The author’s agreement confirms that the content of the manuscript has not been published before but has not been posted for publication in another journal, all co-authors have no complaints about the placement of the article for subsequent publication.

Step 5. Reviewing the article. The article is sent to two reviewers for double-blind peer review. The reviewer and the author are anonymous. Author’s anonymity guarantees the fairness of the review process. Manuscripts for review are sent to the reviewers of the journal in the field of their scientific interests. Reviewers give one of the following recommendations: 1) accept the article for printing in its original form; 2) the article requires minor corrections, recommendations on which are indicated in the referee-report; 3) a substantial revision of the content of the article is needed, recommendations for improving the material are indicated in the referee-report; 4) reject the article on the basis that is noted in the referee-report. Reports of reviewers with comments and recommendations are sent to the corresponding author by e-mail. The process of reviewing the article takes up to 2 months.

Step 6. Acceptance of the article for publication. If, in the process of reviewing, recommendations were made for making certain corrections to the manuscript, the corresponding author should send the revised article along with the file “Response to comments of reviewers”, in which all expert comments should be answered. The final decision on the recommendation of this article to the press is taken by the editorial board.

Step 7. Article preparation for publication. All manuscripts accepted for publication are checked by a technical editor for stylistic and linguistic errors. If necessary, managing editor coordinates all questions with the author by e-mail. A revised version of the article is sent to the corresponding author for approval, which makes appropriate corrections if necessary and sends the final version of the article to the editorial board. Significant changes in the content of the article, for example, new results, corrections of the meaning, changes in the name of the manuscript and authorship, are permitted only if approved by corresponding editor.

Step 8. Journal’s release for open access on the Internet. At this stage, the final version of the article will be published on the web-site of the journal and is available on the Internet. Corresponding authors will be informed about this by e-mail. Authors cannot make any changes to the final electronic version downloaded from the official web site of the journal.

Step 9. Printing, circulation and distribution. Hard copies of the journal are sent to libraries, databases and corresponding authors. To order additional printed copies of the journal (for example, for co-authors), it is necessary to contact the managing editor of the journal.