scholarly journals State Support for Households with Children in COVID 19 Conditions: Comparative Analysis

2021 ◽  
Vol 92 ◽  
pp. 01022
Author(s):  
Svetlana Kostina ◽  
Galina Bannykh
Keyword(s):  
Comparative Analysis ◽  
Negative Impact ◽  
Value Added ◽  
Economic Consequences ◽  
Government Support ◽  
Social Infrastructure ◽  
State Support ◽  
Main Research ◽  
Support Measures ◽  
Families With Children

Research background: The restrictions introduced by nation states to overcome the spread of the COVID19 pandemic had a negative impact on the situation of families with children due to lower incomes of the population, increased unemployment, and reduced opportunities for using social infrastructure (education, health, culture and sports). In order to overcome the consequences of the restrictions introduced during the COVID19, national states proposed various support measures not only for business, but also for the population, especially for families with children. Purpose of the article: The purpose of the article is to conduct a comparative analysis of government support measures for families with children aimed at overcoming the socio-economic consequences of COVID 19, using the example of the Russian Federation and a number of countries in Europe and Asia. Methods: as the main research methods are the analysis of documents, the analysis of statistical data. Findings & Value added: The analysis presents systematic data on measures of state support for families with children in various European and Asian countries. It is concluded that these measures are of a monetary nature (in the form of direct payments), and non-monetary nature (in the form of guarantees, benefits, material assistance of various kinds). At the same time, the question of the effectiveness of these measures to restore the socio-economic situation of families with children during and after СOVID19 remains controversial.

scholarly journals Some economic aspects of forming a machine system in flax industry

2020 ◽  
Vol 196 (5) ◽  
pp. 93-102
Author(s):  
Aslan Kulov ◽  
Irina Velikanova
Keyword(s):  
System Analysis ◽  
Government Support ◽  
Economic Losses ◽  
Optimal Time ◽  
State Support ◽  
Resource Saving ◽  
Machine System ◽  
Support Measures ◽  
Wide Range ◽  
Machine Systems

Abstract. The main goal of our research is to consider the main economic factors that prevent the introduction of advanced technologies and to justify the need to change the state's approaches to supporting investment processes for the formation of advanced machine systems in flax industry, including on the basis of automation and digitalization of process management. Methods. In the work, based on the using of a wide range of analytical methods for studying economic phenomena in the flax growing industry, the using of computational-constructive and abstract-logical methods, using computational-constructive and abstract-logical methods, system analysis, recommendations were developed for the implementation of state support measures focused primarily on the complex system of machines in agriculture, independently of the financial and economic condition of economic entities. Results. The article shows that the complex mechanization of flax production is hindered both by the remaining insufficient level of financial and economic opportunities of commodity producers, and by the imperfection of state support. According to the analysis of data from the electronic information-analytical system testfirm.ru, it was revealed that only 34 % of the flax producers examined in 2018 were profitable, whose revenue exceeded 10 million rubles. It was revealed that the limited ability to update the main links and elements of the machine system leads to significant economic losses during the cultivation of flax, due to non-compliance with the execution of technological operations in the optimal time. Scientific novelty. The article presents the idea of the need, based on the recommendations of the Ministry of Agriculture of the Russian Federation and the Russian Center for Agricultural Consulting on the formation and use of specialized resource-saving technologies for cultivating flax for fiber and seeds, to expand the scope of government support measures for flax-growing farms not only to financially sustainable enterprises. The article substantiates the general need for investments for the use of advanced machine systems in the combined technology of cultivation, harvesting and primary processing of flax in the amount of more than 114 million rubles per 1000 hectares of sown area of flax.

scholarly journals State support for self-employed citizens during the coronavirus pandemic

2021 ◽  
pp. 129-139
Author(s):  
Susana Arsenovna Kirakosyan ◽  
Elmira Azretovna Akaeva
Keyword(s):  
Comparative Analysis ◽  
Russian Federation ◽  
Practical Importance ◽  
Well Being ◽  
The Self ◽  
State Support ◽  
Support Measures ◽  
The Russian Federation ◽  
The Government ◽  
In The Beginning

The subject of this research is the support measures provided by the government Russian Federation for self-employed citizens who fall under a special tax regime “tax on professional income” in the conditions of the spread of the new coronavirus infection (COVID-19). The experiment of implementation of a special tax regime and the adoption of measures to support self-employed population in the time of pandemic plays an important role for the Russian economy. Legalization of activity of the growing number of self-employed citizens is the indicator of awareness and the manifestation of legal culture of the Russian population, and support provided by the government testifies to their participation in well-being of the population. Successful accomplishment of the set task is reflected in the statistics – as of December 31,.2020, the number of self-employed population amounted to 1,603,638 persons, while in the beginning of the pandemic it was 563,722 persons across the Russian Federation. The authors determine the two types of state support measures: general measures for businesses and the self-employed; as well as special measures intended solely for the self-employed. The application of systematic, formal-legal, comparative-legal, and structural-functional methods, allows examining the state support measures for the self-employed within the framework of implementation of the economic function by the government. Analysis is conducted on the actual statistical data and recent amendments to the legislation. The scientific novelty and practical importance of this work lies in comprehensive examination of the key measures of provided by the government of the Russian Federation for self-employed citizens in the time of COVID-19 pandemic, as well as in comparative analysis with the measures provided in foreign countries. Special attention is given to the comparative analysis of state support measures in Russia and Germany.

The Influence of Economic and Institutional Factors on the Development of Entrepreneurship in the Regions of Russia

2020 ◽  
pp. 76-83
Author(s):  
Nataliya A. Pivnitskaya ◽  
Sergey A. Perekhod
Keyword(s):  
Global Economy ◽  
Information Technologies ◽  
Negative Impact ◽  
Economic Consequences ◽  
Judicial System ◽  
Model Assessment ◽  
Social Infrastructure ◽  
High Level ◽  
The Impact ◽  
Regions Of Russia

The article presents an empirical analysis of the impact of the political and economic consequences of financial crises on the development of entrepreneurship in the regions of Russia. Entrepreneurship development contributes to economic growth and can play an important role in stimulating long-term sustainable development, as well as reducing unemployment by creating jobs. The data sample of the study covers the period from 2006 to 2016. Two groups of indicators are considered: institutional and economic. The first group includes indicators of the effectiveness of the judicial system and the level of criminality. The second group includes indicators characterizing the degree of integration of the Russian companies into the global economy. In addition, the indicators of the quality of social infrastructure, the degree of intercompany competition, market density and some others are taken into account. Model assessment is based on the OLS method. This paper shows that the effectiveness of the judicial system in resolving disputes related to non-compliance with contracts and non-payment of debts does not affect the business development in Russia. However, one of the main problems faced by Russian business owners is the high level of corruption. Moreover, the weak diversification of the Russian economy is a key factor in the negative impact of external economic shocks. We found a significant role of factors like the size of the internal regional market and the share of residents connected to the Internet. The latter factor shows that at present information technologies play an important role in modern Russian business, creating additional opportunities for expanding existing businesses as well as creating new ones. We came to the conclusion that the problem of corruption is growing, as a significant barrier to companies entering the market.

scholarly journals Increased Environmental Requirements for Energy Objects in the Central Ecological Area of the Baikal Natural Territory: Problems and Condition for Implementation

2020 ◽  
Vol 209 ◽  
pp. 05011
Author(s):  
Elena P. Maysyuk
Keyword(s):  
Lake Baikal ◽  
Environmental Problem ◽  
Negative Impact ◽  
Government Support ◽  
Federal Law ◽  
Hazard Class ◽  
Support Measures ◽  
Class 1 ◽  
Environmental Requirements ◽  
Natural Territory

The most important document regulating the use of natural resources in the territories adjacent to the lake Baikal in Russia became the federal law No. 94 “On the protection of the lake. Baikal” from 1 May 1999. A list of prohibited activities has been approved for the central ecological area which now again discuss. Taking into account the categorization of objects that have a negative impact on the environment, the energy objects of the central ecological area are assigned to categories II and III. And in case of changes concerning of categorization in the list of prohibited activities, it means that operation of energy objects will prohibited. The main environmental problem of the energy sector is the use of coal and the presence of a hazard class 1 substance in the emissions. To achievement environmental requirements, it is necessary to replace coal with alternative environmentally friendly types of energy carriers (natural gas and electricity). In order to implement the increased requirements for energy objects, it is necessary to develop a special package of normative legal acts and government support measures, including significant financial costs, focused on this territory.

scholarly journals State support for small and medium-sized enterprises in the Moscow region under current conditions

2022 ◽  
pp. 66-72
Author(s):  
E. G. Degtiareva
Keyword(s):  
Economic Activity ◽  
Government Support ◽  
Moscow Region ◽  
State Support ◽  
Support Measures ◽  
Source Studies ◽  
Lending Institutions

The article considers the сhallenges for small and medium-sized businesses in obtaining government support during the pandemic and post-pandemic period. The reasons preventing people from obtaining support measures, as well as tangible and non-tangible state support measures for businesses in the Moscow region and the support measures provided by banks and lending institutions have been reviewed. Data from reputable source studies on identifying the difficulties caused by state and non-state support measures, in particular the problem of banks refusing to allow small and medium-sized businesses to defer accrued interest at a concessionary rate have been presented. The problem has been the distribution of support to small and medium-sized enterprises according to the type of economic activity, as not all enterprises fit the required activities. Examples have been given of sectors that have restructured their business in the new environment. A list of support measures for small and medium-sized enterprises has been proposed. 

scholarly journals The Impact of IFRS Changes on Companies’ Financial Indicators

2021 ◽  
pp. 2
Author(s):  
Inga Liutkevičiūtė ◽  
Ramunė Budrionytė ◽  
Rasa Subačienė
Keyword(s):  
Comparative Analysis ◽  
Financial Reporting ◽  
Negative Impact ◽  
International Financial Reporting Standards ◽  
Reporting Standards ◽  
Financial Indicators ◽  
Main Research ◽  
Financial Reporting Standards ◽  
The Impact ◽  
Legal Entities

The ever-changing economic environment changes the business conditions and performance and requires to reflect the changes on accounting information of legal entities. The development of International Financial Reporting Standards (IFRS) is a dynamic and complex process, which helps to provide fair and true information on legal entities. Although, it’s important to evaluate the changes of accounting standards by preparers of financial statements and the users of the information. The purpose of the research is to determine the impact of significant changes of international financial reporting standards on the financial indicators of the companies during 2017-2020 period. Research methods of comparative analysis of scientific literature and legal acts, content analysis, case analysis, grouping of information, systematization, comparative analysis and generalization were used. Main research results state that in 2017-2020 the key changes were related to three standards: IFRS 9 - Financial Instruments, IFRS 15 - Revenue from Contracts with Customers and IFRS 16 - Leases. The study of the impact of the application of the new standards on the financial indicators of 24 Lithuanian listed companies revealed that the new IFRS 16 had the greatest impact on the financial indicators of the companies. The first time, the application of IFRS 16 had a significant impact on 6 of the 24 companies analysed. There was a negative impact on liquidity and solvency ratios, working capital, return on assets and the turnover of assets.

scholarly journals The banking sector as the absorber of the COVID-19 crisis? economic consequences: perception of WSE investors

2021 ◽  
Vol 12 (2) ◽  
pp. 335-374
Author(s):  
Michał Bernardelli ◽  
Zbigniew Korzeb ◽  
Paweł Niedziółka
Keyword(s):  
Financial Performance ◽  
Banking Sector ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Value Added ◽  
Economic Consequences ◽  
Government Support ◽  
Rates Of Return ◽  
Financial Condition ◽  
Close Relationship

Research background: The paper focuses on the research of investors? decisions with regard to shares of all 12 banks listed on the Warsaw Stock Exchange during the first half of 2020. It examines the behavior of a subindex reflecting bank shares? prices against the main WIG index WIG and 14 sector subindices. The authors identify groups of banks with different investors? responses. They also classify banks into separate groups on the basis of changes in the fundamental indicators describing their economic and financial performance. The study concentrates mainly on the verification of the stability of this attribution, explaining reasons for its modifications over time.    Purpose of the article: To identify the characteristics of bank clusters determining different capital market responses to their listed shares and to explain the reasons for volatility in investors? behavior within the analyzed period. Methods: The methodology of the research can be described in three areas. The first is the statistical analysis with the emphasis on the use of a quarter range to capture changes in the volatility of share prices. The second area is the clustering k-means method based on the interpolated ? from quarterly to daily ? measures of the bank?s financial condition. This mathematical approach is a novelty in finance and economics. The last, third, area is forecasting with the use of linear regression analysis, which is the key factor in determining the abnormal rates of return. The indicated areas are combined through a generally understood correlation analysis. Findings & value added: Large retail banks have been less affected compared to medium-sized ones with relatively rich corporate portfolios. The initial market reaction reflected concern about the resistance to the crisis of poorly capitalized banks with mean liquidity buffers. Upon the announcement of government support, investors? approach to the shares of banks of differentiated economic and financial performance conformed accordingly. These findings are valuable in the long term especially from the perspective of supervision authorities? policy during external shocks. The presented study suggests designing flexible and tailor-made regulatory approach aligned with the defined bank clusters. Its value added also consists in proposing a new method of analysis, combining interpolation and automatic clustering, which has proved to be adequate for the study of a bank?s financial condition based on daily frequency data. Furthermore, assuming the same length of the estimation window, a close relationship is shown between the results of clustering and the forecasts based on different measures of rates of return.

scholarly journals Children with orphan diseases: a comparative analysis of social welfare support measures

2020 ◽  
Vol 4 ◽  
pp. 20-29
Author(s):  
Ekaterina Zaitseva ◽  
◽  
Lyudmila Voronina ◽  
Keyword(s):  
Comparative Analysis ◽  
Welfare State ◽  
The State ◽  
Orphan Diseases ◽  
State Support ◽  
Social State ◽  
Support Measures ◽  
The Social ◽  
Study Results ◽  
The Welfare State

Introduction. The inadequacy of the support measures provided to children with orphan diseases is exacerbated by the trend towards an increase in the number of children with such a diagnosis. Orphan diseases also include diseases caused by primary immunodeficiency or congenital errors of immunity, which are life-threatening. However, these people are part of society and require attention from it, and social and economic measures from the state. Most of them, with proper treatment, socialization and appropriate government support, can lead a normal life and live a full life. Scientific novelty of the research. On the basis of the study results, the authors contribute to clarifying the principles used in the implementation of the security function of the social state. The targeting of social support measures must be supplemented with the principles of social justice and freedom to choose ways to meet the needs of specific categories of citizens, understood as follows. The welfare state supports those citizens who need it most of all, namely, the poor. Specific categories of citizens can satisfy their needs, while having the opportunity to choose. This opportunity arises thanks to the receipt of targeted assistance in the form of monthly or annual subsidies. Families with children with orphan diseases should also be included in these categories. If they have the right to receive annual government subsidies, they will be able to spend these funds depending on the current needs due to the state of health of their children with orphan diseases (for the purchase of socially important food products; medicines, medical nutrition, and various services). The aim of the work is to study the problems of providing support measures to children with orphan diseases in the context of the current model of the welfare state. The article analyzes the satisfaction of patients with congenital immunity errors with various types of state support, identifies problems that reduce their satisfaction. Methods. The authors use methods such as comparative analysis, study of regulatory legal acts, sociological analysis. Results. On the basis of the study results the effectiveness of measures of state support for children with orphan diseases, studying the best experience of foreign countries, proposals were made to clarify the principles used to implement the security function by the social state, to expand the composition of the subjects involved in providing support measures analyzed in the article. Conclusions. The results obtained make it possible to assert that the targeted approach, which is basic in the model of the welfare state, does not cover most of the problems of children with innate immunity errors and, accordingly, the families that represent their interests.

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