The Hybrid Nature of Banking Supervision

Author(s):  
Giulia Lasagni
2020 ◽  
Vol 26 (6) ◽  
pp. 1283-1296
Author(s):  
K.A. Omarieva ◽  
P.G. Isaeva

Subject. The article addresses problems and prospects for the banking supervision development in the Russian Federation under modern conditions. Objectives. We review the essence and methods of organization of the banking supervision, and identify the main problems and prospects for its development. Methods. To provide valid, reliable and reasoned recommendations, we apply normative and integrated approaches to the study of the banking supervision effectiveness in the current circumstances. Results. The paper investigates main problems and development prospects for the Russian banking supervision. The essential importance of supervision comes from the main role of the banking system in maintaining accounts of economic entities and making settlements. Even minor failures or delays in operations can lead to negative outcomes and disastrous consequences for the entire monetary system and the national economy. Therefore, we highlight issues that require attention, and make proposals for further development of the banking supervision. Conclusions. In the context of dynamically developing economy, the banking practice is becoming more complex. As a result, there is a need for new financial instruments that can reduce risks, increase the speed and efficiency of operations and document flow, and help achieve the world levels of introduced standards.


Author(s):  
Donato Masciandaro ◽  
Davide Romelli

This chapter investigates the endogenous evolution of central bank institutional design over the past four decades. From a theoretical perspective, it employs a stylized political economy model to highlight some key determinants of the level of central bank independence as a function of macroeconomic shocks and political economy characteristics of countries. It then employs recently developed dynamic indices of central bank design to describe the evolution of central bank independence over the period 1972–2014. In a sample of sixty-five countries, it shows that the increasing trend in central bank independence during 1972–2007 has been reversing after the 2008 financial crisis, mainly due to significant changes to the roles of central banks in banking supervision. The authors find that this evolution can be related to several macroeconomic shocks, such as inflationary, fiscal, and exchange-rate shocks.


2021 ◽  
Vol 34 (2) ◽  
pp. 229-257 ◽  
Author(s):  
Tsafi Sebba-Elran

Abstract The COVID-19 pandemic that broke out in Israel in February 2020 prompted widespread public response, which included a deluge of humorous memes. The current article discusses the main meme cycles of the pandemic with the aim of uncovering the functions of the humorous meme, and particularly its singular language, which incorporates the universal and the particular, the global and the local, the hegemonic and the subversive. The memes are examined in their immediate context, as responses to news announcements, restrictions, and rumors relating to the pandemic, and from a comparative perspective, with emphasis on the various functions of disaster jokes and the use of folklore in response to previous epidemics, crises, or risks. Alongside the hybrid nature of the genre, these meme cycles demonstrate that COVID-19 is not just a threatening virus but a new reality that undermines our experience of time and space, evoking old beliefs and new, and threatening to change everyday practices. These narratives not only reflect the incongruities evoked by the virus, but also give vent to anxieties and aggressions brought on by the pandemic and convey a communal need to protect and foster group cohesion and a local sense of belonging.


Actuators ◽  
2021 ◽  
Vol 10 (6) ◽  
pp. 114
Author(s):  
Adam Cox ◽  
Pouria Razzaghi ◽  
Yildirim Hurmuzlu

Inertially Actuated Jumping Robots (IAJR) provide a promising new means of locomotion. The difficulty of IAJR is found in the hybrid nature of the ground contact/flying dynamics. Recent research studies in our Systems Lab have provided a family tree of inertially actuated locomotion systems. The proposed Tapping Robot is the most prompt member of this tree. In this paper, a feedback linearization controller is introduced to provide controllability given the 3-dimensional motion complexity. The research objective is to create a general controller that can regulate the locomotion of Inertially Actuated Jumping Robots. The expected results can specify a desired speed and/or jump height, and the controller ensures the desired values are achieved. The controller can achieve the greatest response for the Basketball Robot at a maximum jump height of 0.25 m, which is greater than the former performance with approximately 0.18 m. The design paradigm used on the Basketball Robot was extended to the Tapping Robot. The Tapping Robot achieved a stable average forward velocity of 0.0773 m/s in simulation and 0.157 m/s in experimental results, which is faster than the forward velocity of former robot, Pony III, with 0.045 m/s.


2021 ◽  
pp. 1476718X2098385
Author(s):  
Alejandra Pacheco-Costa ◽  
Fernando Guzmán-Simón

Among the recent approaches to literacy incorporated into Literacy Studies, the concept of (im)materiality has enabled researchers to delve into the fluid and hybrid nature of contemporary literacy practices in early childhood. Our research explores the (im)materiality of literacy practices from the perspectives of space, screen mediation, artefacts and embodiment. The research focuses on the (im)material nature of the literacy practices carried out in different spaces, and its relevance in the making of meaning by children. The research method is based on an ethnographic approach. The results show the children’s embodiment of their literacy practices, and the way in which they create and interact with space and make meaning from their (im)material practices. These practices raise questions about their inclusion in current literacy development in schools.


2021 ◽  
Vol 18 (3) ◽  
pp. 377-397
Author(s):  
Marta Flores

Abstract After Brexit, the United Kingdom will become a third State to all effects. As far as insolvency is related, this will imply substantial changes regarding the recognition and enforcement of the UK insolvency proceedings. This paper purports to analyze the consequences a Hard-Brexit will have on insolvency-related matters, by describing the effects that should be expected with regard to the recognition in Spain of each of the proceedings that the UK legislation foresees for financially distressed debtors, namely administration, winding-up, voluntary agreements, bankruptcy and schemes of arrangement (which are dealt with separately due to their hybrid nature).


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