ECONOMIC CONTEXT OF THE INSTITUTIONAL ASPECTS OF BRANDING

Authors

  • А. Martirosyan Yerevan State University
  • М. Yeghiazaryan Yerevan State University
  • G. Petrosyan Yerevan State University

DOI:

https://doi.org/10.25806/uu-4299

Статья поступила в редакцию: 10.04.2024

Статья опубликована: 07.05.2024

Keywords:

Country branding, country as a brand, national branding, image of countries, international recognition, marketing, quality, public policy, image promotion, international relations.

Abstract

The article examines the experience of successful countries that demonstrate a deep interest in country branding as an effective tool of improving their status in a competitive international market. In this understanding, the research is based not only on traditional methods of marketing, but also on sociocultural, political and environmental dimensions to create a favorable image and increase the competitiveness of the country to achieve long-term economic and social goals. The article discovers the power of a country brand to influence the actions of the target audience to attract domestic and foreign consumers and companies, promote the export of goods and services and open new economic opportunities for the nation. The article focuses on identifying the benchmark countries and their best practices for promoting country branding within the framework of successful public policy and international relations.

Информация о публикации

Финансирование: Исследование выполнено без привлечения внешнего финансирования, если иное не указано авторами.

Вклад авторов: Все авторы внесли существенный вклад в подготовку статьи, ознакомились с окончательной версией рукописи и одобрили ее к публикации.

Конфликт интересов: Авторы заявляют об отсутствии конфликта интересов, если иное не указано в публикации.

Правообладатель: Издательский дом «Академический».

Лицензия: Статья распространяется на условиях лицензии Creative Commons Attribution 4.0 International (CC BY 4.0).

Машиночитаемый файл метаданных: JATS XML

References

Nation Branding: Concepts, Issues, Practice. Keith Dinnie, 2008.

The Branding of the Nation: The Global Business of National Identity. Melissa Aronczyk, 2013.

Nation Branding, Public Relations and Soft Power: Corporatising Poland. Paweł Surowiec, 2016.

How Countries Compete: Strategy, Structure, and Government in the Global Economy. Richard H. K. Vietor, 2007.

Branding Canada: Projecting Canada's Soft Power Through Public Diplomacy. Evan H. Potter, 2008.

Place Branding: Glocal, Virtual and Physical Identities, Constructed, Imagined and Experienced. Mihalis Kavaratzis и Gary Warnaby, 2012.

Nation Branding in Modern History: A Case Study of Thailand. Siriyupa Roongrerngsuke, 2018.

Strategic Public Diplomacy and American Foreign Policy: The Evolution of Influence. Jarol B. Manheim и Richard C. Pratt, 2011.

Akotia Mathias, Anthony Ebow Spio, Dr. Kwabena Frimpong. Exploring a Behavioural Approach to Country Brand Management. The Nordic Africa Institute. 2012.

Exclusive interview with country branding consultant Jose Filipe Torres. Nation Branding. Interview by Andreas Markessinis. 2023. [Электронный ресурс]. URL: http://nation-branding.info/2009/06/17/exclusive-interview-country-branding-consultant-jose-filipe-torres/ (дата обращения 28.03.2024).

Highlights of the Country Brand Ranking 2022, 2023 Trade edition // Bloom Consulting. 2023. [Электронный ресурс]. URL: https://www.bloom-consulting.com/journal/highlights-of-the-country-brand-ranking-2022-2023-trade-edition/ (дата обращения 28.03.2024).

NATION BRANDS 2022: The annual report on the most valuable and strongest nation brands // Brand Finance. 2023. [Электронный ресурс]. URL: https://brandirectory.com/rankings/nation-brands/ (дата обращения 28.03.2024).

Canada rounding out the top three nations // IPSOS. 2022. [Электронный ресурс]. URL: https://www.ipsos.com/en/nation-brands-index-2022 (дата обращения 28.03.2024).

Moor Richard. Germany’s country brand gets the top position again // Tourism Review. 2022. [Электронный ресурс]. URL: https://www.tourism-review.com/german-country-brand-reaches-to-top-again-news12784 (дата обращения 29.03.2024).

Germany is World’s Strongest Nation // Brand Finance. 2020. [Электронный ресурс]. URL: https://brandfinance.com/press-releases/japan-is-worlds-3rd-most-valuable-nation-brand (дата обращения 29.03.2024).

Nation branding and success of Japan // Word Press. 2023. [Электронный ресурс]. URL: https://pdgc2014c.wordpress.com/2015/05/14/nation-branding-and-success-of-japan/ (дата обращения 29.03.2024).

Why Canada’s Ranked One of the Top Countries for Immigration.QuadFi. 2022. [Электронный ресурс]. URL: https://quadfi.com/why-canadas-ranked-one-of-the-top-countries-for-immigration/ (дата обращения 29.03.2024).

Published

2024-05-07

Issue

Section

Economic theory, management and other research