Risk-Oriented Approach to Tax Control for Stabilization of Financial Systems of Developing Countries by the Example of Modern Russia

Author(s):  
Irina V. Gashenko ◽  
Yulia S. Zima
2015 ◽  
Vol 32 (2) ◽  
pp. 235-255 ◽  
Author(s):  
Sheilla Nyasha ◽  
N.M. Odhiambo

Purpose – This paper aims to survey the existing literature on the causal relationship between market-based financial development and economic growth – in both developed and developing countries, highlighting the theoretical and the empirical evidence. Design/methodology/approach – The paper divides financial development into bank-based and market-based financial development, and it closely reviews the international literature on the relationship between market-based financial development and economic growth. Findings – The direction of causality between market-based financial development and economic growth varies from one country to another, depending on various country-specific characteristics, data sets and the methodology used by the researcher. On balance, there is predominant support for the supply-leading response, where the development of the market-based financial sector is expected to precede the development of the real sector. Originality/value – This review differs fundamentally from previous reviews, in that it divides financial development into bank-based and market-based financial development, and it focuses closely on market-based financial development and economic growth. The majority of the previous studies on this subject failed to make such a distinction, thereby focusing mainly on the general causal relationship between the overall financial development and economic growth. To the best of the authors' knowledge, this may be the first review of its kind to survey the existing research in detail on the causal relationship between market-based financial development and economic growth, in both developed and developing countries.


Author(s):  
Firdous Ahmad Malik ◽  
D.K. Yadav ◽  
Andleeb Ismail

Research has shown that poor people living in under developing countries are saving less, little is known about the responsible factors which influence savings of these poor urban groups.  The following study is based on Theoretical perspectives for examining the nature of savings among Slum dwellers in Lucknow. Three perspectives have been analysed in the study which are Individual capabilities-oriented perspectives, Sociological perspectives and Institutional mechanism (supply-oriented approach) towards the marginal sections of the society. The responsible factors for low savings are due to monopoly-based supply-oriented banking discipline, financial illiteracy, income of the people etc. Findings of the paper suggests that poor people are worth to save and are saving, particularly if both the banking and institutional barriers are removed and made more inclusive so that poor people themselves try to come out from the problem of poverty.


10.1596/27109 ◽  
2012 ◽  
Author(s):  
Biagio Bossone ◽  
Larry Promisel

Subject Green bond growth. Significance The global issuance of green bonds registered another year of strong growth in 2017, hitting record levels. The green debt market is growing in the high double-digits and will help both developed and developing nations in their efforts to meet global and national climate targets, making economies and financial systems more environmentally friendly. Impacts Firms’ need to demonstrate their green credentials will boost the popularity and prevalence of green bonds. Green debt issuances will help developing countries facing problems with urbanisation, climate change and natural disasters. Banks in emerging markets will play an increasing green bond role with support from multilaterals and trade groups.


Revista Trace ◽  
2018 ◽  
pp. 30
Author(s):  
Emmanuelle Bouquet

La problemática del artículo es la definición de los papeles para el Estado y la sociedad civil en el proceso de construir sistemas financieros adaptados a las necesidades de la población agrícola y rural en los países en desarrollo. Se presenta una reseña de la evolución en el paradigma de las finanzas rurales ocurrida en los últimos veinte años en el ámbito internacional, y se aplica este marco de análisis de las políticas públicas al caso de México.Abstract: The article addresses the issue of defining the appropriate roles for the State and civil society in the process of building financial systems tailored to the needs of agricultural and rural populations in developing countries. It offers a review of how the rural finance paradigm has evolved in the last twenty years, and applies this policy analysis framework to the case of Mexico.Résumé : L’article aborde la question de la répartition des rôles de l’État et la société civile dans le processus de construction de systèmes financiers adaptés aux nécessités des populations agricoles et rurales dans les pays en développement. Il propose une revue des évolutions qui ont marqué le paradigme de la finance rurale dans les vingt dernières années, et applique ce cadre d’analyse des politiques publiques au cas du Mexique.


2014 ◽  
pp. 849-871
Author(s):  
Ian Ellefsen ◽  
Sebastiaan von Solms

Developing countries are fast becoming players in an increasingly interconnected world. Many developing countries are making use of technological solutions to address unique challenges. However, in many cases, this growth is not accompanied with the development of appropriate information infrastructure protection structures. As technological solutions are deployed in developing countries, there will be a large number of new users gaining access to Internet-based systems. In many cases, these new users might lack the skills necessary to identify computer security threats. Inadequate cyber security measures can increase the risk and impact of cyber attacks. The development of internal structures to address Critical Information Infrastructure Protection (CIIP) is dependent on the environment in which it will be deployed. Therefore, traditional CIIP structures might not adequately address the technological challenges found in developing countries. In this chapter, the authors aim to address the development of CIIP structures in developing regions by elaborating on the set of unique challenges that exist. Furthermore, they aim to present a community-oriented structure aimed at providing CIIP, in what they refer to as a “bottom-up” manner. The larger aim of CIIP structures in developing regions is to support the future development and deployment of cyber security mechanisms and to allow developing countries to play a trusted role in global cyber security efforts.


Author(s):  
Ian Ellefsen ◽  
Sebastiaan von Solms

Developing countries are fast becoming players in an increasingly interconnected world. Many developing countries are making use of technological solutions to address unique challenges. However, in many cases, this growth is not accompanied with the development of appropriate information infrastructure protection structures. As technological solutions are deployed in developing countries, there will be a large number of new users gaining access to Internet-based systems. In many cases, these new users might lack the skills necessary to identify computer security threats. Inadequate cyber security measures can increase the risk and impact of cyber attacks. The development of internal structures to address Critical Information Infrastructure Protection (CIIP) is dependent on the environment in which it will be deployed. Therefore, traditional CIIP structures might not adequately address the technological challenges found in developing countries. In this chapter, the authors aim to address the development of CIIP structures in developing regions by elaborating on the set of unique challenges that exist. Furthermore, they aim to present a community-oriented structure aimed at providing CIIP, in what they refer to as a “bottom-up” manner. The larger aim of CIIP structures in developing regions is to support the future development and deployment of cyber security mechanisms and to allow developing countries to play a trusted role in global cyber security efforts.


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