Introduction: Global Financial Flows, Stocks, Economic Power, and Financial Sustainability Under the Current Structure of Global Finance

2019 ◽  
pp. 1-7
Author(s):  
Fikret Čaušević
Keyword(s):  
Financial Sustainability ◽  
Economic Power ◽  
Global Finance ◽  
Financial Flows ◽  
Current Structure

Curbing Illicit Financial Flows

2018 ◽  
Author(s):  
Xiaodon Liang
Keyword(s):  
Tax Evasion ◽  
Developing Economies ◽  
International System ◽  
Tax Avoidance ◽  
Incentive Structure ◽  
Global Finance ◽  
Tax Havens ◽  
Financial Flows ◽  
Playing Field ◽  
Illicit Financial Flows

Illicit financial flows (IFFs) drain state finances and economic vitality, with disproportionate impact on developing economies. IFFs—including money laundering, tax evasion, and tax avoidance—pose a transnational problem addressed so far through international regimes of coordination and cooperation. But meaningful reductions in IFFs require addressing the root of the problem: information asymmetries. Developed nations and tax havens know where money is hidden and profits are made, while developing nations do not. Since the international system of global finance creates the incentive structure and permissive environment for illicit flows, it is at this level that states must focus their policy-making attention. New information-sharing mechanisms, such as automatic exchange of tax information and public country-by-country tax reporting, can level the playing field and enable lower-income states to effectively address the IFF problem.

scholarly journals Evaluating financial sustainability along the sanitation value chain using a financial flow simulator (eSOSView™)

2020 ◽  
Vol 82 (11) ◽  
pp. 2220-2233
Author(s):  
Claire Furlong ◽  
Shirish Singh ◽  
Nitesh Shrestha ◽  
Mingma Gyalzen Sherpa ◽  
Christoph Lüthi ◽  
...  
Keyword(s):  
Value Chain ◽  
Service Providers ◽  
Financial Sustainability ◽  
Financial Flows ◽  
Flow Models ◽  
Financial Flow ◽  
Sanitation Systems ◽  
Flow Simulator ◽  
Existing Data ◽  
Different Parts

Abstract A majority of the world's population use onsite sanitation systems, which store or treat excreta close to where it is generated. Sludge from these systems needs to be managed through a series of stages, known as the sanitation value chain. There is a huge diversity of service providers, not only within each part of the chain, but also along the chain bridging the different components. These service providers are linked not only by the flow of materials, but also by the transfer of money. Therefore for this system to be considered financially sustainable all services from the toilet to reuse or disposal need to be considered. A tool has been developed (eSOSView™) to simulate, evaluate, and optimise the financial flows along and within the sanitation value chain. In this paper eSOSView™ was tested, validated (using existing data), and piloted (including data collection). This paper demonstrates how eSOSView ™ can be used to evaluate different financial flow models, to assess financial sustainability in different parts of the sanitation value chain and optimise the financial sustainability along the sanitation value chain.

Information Flows, Global Finance, and New Digital Spaces

2018 ◽  
Author(s):  
Matthew Zook
Keyword(s):  
Global Economy ◽  
Financial Sector ◽  
Information Flows ◽  
Financial Industry ◽  
Global Finance ◽  
Current Structure ◽  
Advantages And Disadvantages ◽  
The Past ◽  
Channel Information ◽  
The Creation

Information has long played an important role in the economy and over the past decades its prominence has increased, particularly within the financial sector. Digital flows of information are central to building advantage within capital exchanges, the creation of synthetic worlds, and the functioning of dentralized currencies and shared recordkeeping. These new practices, spaces and geographies—manifesting within the architecture of computers and absolutely dependent upon information flows—are powerful influences on the financial industry and the entire global economy. The power to channel information flows makes it absolutely fundamental to analyse the advantages and disadvantages of these configurations. The economic geographies emerging from the current structure of information flows reflect the ideologies with which they were created and the goals of their designers.

scholarly journals Transregionalism and fictive capital

2019 ◽  
Vol 135 ◽  
pp. 04033
Author(s):  
Daria Dinetc ◽  
Mikhail Konotopov
Keyword(s):  
Circulation Model ◽  
Global Finance ◽  
Financial Flows ◽  
Russian Economy ◽  
Transatlantic Trade ◽  
The World ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
Trade And Investment ◽  
Practical Recommendations

A relevance of research is recent trend in regrouping forces in the global financial arena with transregional unions based on fictive capital’ expansion. The objective of this research is revisal of transregional integration conditions by the analysis of modern geopolitical aims of the world financial system’s leaders and also it is practical recommendations forming to prevent the Russian economy trapping by the fictive capital of transregional unions. It has been shown that the global finance circulation model is drastically changing - trade and economic unions like the Regional Comprehensive Economic Partnership or Transatlantic Trade and Investment Partnership are aimed at forming the markets for goods, works and services produced in countries, which have been proclaimed as the world financial centres. That politics doesn’t allow to develop industry and it arrive to financial bubbles at branches of economy, which are cooperated with transregional financial flows. For the leaders of transregional groups, it’s a way to solve geopolitical problems with financial methods shifting responsibility for their mistakes in industrial policy. There are significant features of the east and west leaders dominance in transregional unions in the article. These are respectively hub infrastructure dependence and currency speculations. The conclusion is it should be formed a secured non-speculative currency in transregional union for geopolitical dependence eliminate. Besides the only reason for infrastructure international project realize could be an economic efficiency. These conclusions are very important for the modern stage of the globalization.

The Monetary Constraints on Tax Justice

2019 ◽  
pp. 133-150
Author(s):  
Tim Hayward
Keyword(s):  
Shadow Banking ◽  
Global Finance ◽  
Financial Flows ◽  
Economic Relations ◽  
Monetary System ◽  
The Poor ◽  
Asset Values ◽  
Illicit Flows ◽  
Illicit Financial Flows ◽  
Derivatives Of

This chapter assesses the hypothesis that a global shift of economic relations in favour of the poor could precipitate a countermovement of asset values in the opposite direction. Some theorists of tax justice have already highlighted a need to impede illicit financial flows, but the further problem identified here is that such flows are not necessarily illegal. ‘Shadow banking’ is so integrated into the global financial structure that licit and illicit flows are intermingled. An especially problematic result is the generation—particularly through the creation of various financial derivatives—of illusory forms of liquidity. These destabilize the financial system, undermining productive economies and ordinary people’s livelihoods. Thus global finance is overrun by ‘mad money’ that is backed by little real collateral but has a very real capacity to increase indebtedness. The monetary system should be brought under accountable political control for justice to be possible in relation to global finance.

Governing Global Finance

2011 ◽  
Author(s):  
Anthony Elson
Keyword(s):  
Global Finance

The Gendering of Global Finance

2009 ◽  
Author(s):  
Libby Assassi
Keyword(s):  
Global Finance

Directions and Perspectives of Political-Economic Studies

2008 ◽  
pp. 27-45
Author(s):  
A. Libman
Keyword(s):  
International Political Economy ◽  
Economic Research ◽  
Economic Power ◽  
Economic Approach ◽  
Policy Studies ◽  
Political Processes ◽  
Economic Methods ◽  
Political Economic ◽  
Economic Studies

The paper surveys the main directions of political-economic research, i.e. variants of economic and political approaches endogenizing political processes in economic models and applying economic methods to policy studies. It analyses different versions of political-economic research in different segments of scientific community: political economics, evolutionary theory of economic policy, international political economy, formal political science and theory of economic power; main methodological assumptions, content and results of positive studies are described. The author also considers the role of political-economic approach in the normative research in economics.

Sign in / Sign up

Export Citation Format

Share Document