scholarly journals The Second Wave of Nationalization of the Banking Sector in Irkutsk Province in the Early 1920s

2020 ◽  
Vol 15 (6) ◽  
pp. 62-71
Author(s):  
Plotnikova Elena V. ◽  
Keyword(s):  
Economic History ◽  
Banking Sector ◽  
Political Regime ◽  
Genetic Method ◽  
Bank Branches ◽  
Russian State ◽  
Private Banks ◽  
Banking Institutions ◽  
History Of ◽  
In The Beginning

The article considers one of the aspects of the economic history of Russia, in particular, the nationalization of the banking sector in the Irkutsk province, which took place in the beginning of 1920 after the final approval of the power of the Soviets in the region. The relevance of the publication is dictated by the growth of scientific interest in the problems that make up the field of economic history research. In the realities of modern political and economic development of the Russian state, the specifics of the development of nationalization processes in certain sectors of the national economy, taking into account the existence of accompanying negative factors and working out ways to overcome them, also have a certain interest. The historical and genetic method, along with the principles of historicism and consistency, allowed us to restore the fabric of historical reality in the framework of the process of nationalization of the banking sector of the Irkutsk province and identify a number of negative phenomena that affected the fate of persons involved in this process. The nationalization processes that began in December 1917 were suspended by the change of the political regime in the province in July 1918. After the restoration of Soviet power, the Bolsheviks re-launched the nationalization of private banks in the region by creating a Liquidation and Technical Board, which in addition to representatives of Soviet authorities included employees of the banking sector in Irkutsk. The article describes the composition of the Board, highlights its activities related to the resolution of issues related to the payment of salaries to its employees, as well as employees of liquidated banking institutions. The issue of employees of evacuated bank branches located in Irkutsk at the time of nationalization is considered separately. The publication highlights the current shortage of money supply in the region, which resulted in delays in the salaries of employees in the banking sector and, as a result, the deterioration of their financial situation in the period under review. Keywords: nationalization, banking sphere of Irkutsk province, Liquidation and Technical Board, evacuation of bank branches, employees of private banks in Irkutsk

scholarly journals Do strategic planning dimensions and transformational leadership contribute to performance? Evidence from the banking sector

2021 ◽  
pp. 719-728 ◽  
Author(s):  
Sarminah Samad ◽  
Waleed Abdulkafi Ahmed
Keyword(s):  
Transformational Leadership ◽  
Strategic Planning ◽  
Organizational Performance ◽  
Leadership Style ◽  
Structural Equation ◽  
Business Performance ◽  
Banking Sector ◽  
Private Banks ◽  
Banking Institutions ◽  
Managerial Employees

While some organizations realize the important role of strategic planning (SP) and leadership in influencing their business performance, it is unknown what SP dimensions and leadership style are required to improve the performance of banking institutions. The purpose of this study is to investigate the effects of transformational leadership (TL) style and SP dimensions (strategic planning level, implementation and barriers) on organizational performance. To this end, a self-administered questionnaire is distributed to a sample of 246 managerial employees from private banks in Yemen. The analysis with structural equation modelling using partial least squares indicates that TL style and SP dimensions significantly influence the performance of Yemeni banks. The results reveal that TL and SP dimensions are profoundly needed to enable Yemeni banks to propel to improved bank performance. The results draw several pertinent implications for decision makers that will help enhance the performance of the banking sector. Limitations from the findings and recommendations for further research are put forward.

scholarly journals Economic History in the Topics of Dissertation Research in Russia (1991–2019)

2021 ◽  
Vol 17 (1) ◽  
pp. 85-94
Author(s):  
Sergey A. Bakanov ◽  
Ivan A. Medvedev
Keyword(s):  
Soviet Union ◽  
Economic History ◽  
Research Problem ◽  
Soviet Period ◽  
Historical Period ◽  
The Soviet Union ◽  
Russian State ◽  
The Status ◽  
History Of ◽  
State Library

Introduction. This article deals with the subject of thesis in the direction of “Economic history”, which were prepared and defended in Russia in the post-Soviet period (1991–2019). The dissolution of the Soviet Union is getting rid of research from ideological clichés, which made the topic of economic history relevant and in demand. Materials and Methods. On the basis of the e-catalog of authors’ abstracts of the Russian State Library, the database “Dissertations on economic history of the late XX – early XXI centuries” was formed. The bibliographic information about the authors’ abstracts became the formal attributes of the described database. The analytical units were the attributes of the “geographical range”, “chronological frame” and “research problem”. Results. The analysis of the database showed that during the entire period were formed stable trends scientific subdirectories within the frame of economic history (history of industry, history of agriculture, history of entrepreneurship, history of banks, etc.), and in maintaining the status of leading research centers. The historical period from the second half of the XIX to the first half of the XX centuries attracts the main attention of the authors of thesis on economic history. Discussion and Conclusion. A quantitative analysis of the dynamic of thesis defenses showed a decline in the interest of authors of thesis in the problems of economic history in the 2010s. The key factors of this decline were changes in the requirements to thesis. Nevertheless, the authors believe that the direction of “economic history” has a potential to overcome designated problems.

scholarly journals Mergers of Banks in Economy – Indian Scenario

2020 ◽  
Vol 8 (6) ◽  
pp. 2855-2859
Keyword(s):  
Banking Sector ◽  
High Rate ◽  
Public And Private ◽  
Bank Merger ◽  
Public Sector Banks ◽  
Private Banks ◽  
International Banks ◽  
History Of ◽  
National Bank ◽  
The Impact

Banking area possesses a significant spot in each economy and is one of the quickest developing sectors in India. The challenge is very high and tough from the worldwide player’s i.e. International banks. On the counter part, both public and private banks are also facing strong competition among themselves to reach the targeted audience. But the worrying factor is Non performing assets are also increasing simultaneously with core business. The result is mergers in the banking sector in order to reduce the NPA. The most recent and largest merger in the history of banking industry took place on April 1, 2017 i.e., State bank of India and its associates banks. And, now the govt. of India announces India’s biggest and largest mega banks merger on august 30, 2019, i.e., merging of 10 public sector banks into 4 large banks. These banks are oriental bank of commerce and united bank of India merging with Punjab national bank; Syndicate bank with Canara bank; Andhra bank and corporation bank merging with Union bank of India; and Allahabad bank merging with Indian bank; This merger will bring nearly a half yearly of all outstanding loans in Indian’s banking sector. This big bank merger will be a good move from the central govt. to reach $5 trillion economy in next 5 years. This merger will help to give some boost to the Indian economy, which is suffering with high rate of NPA’S. In this research paper an attempt is made to know the impact of banks performance after merger will really give acceleration to the economic growth rate or not.

scholarly journals The Journey Begins: Letter from Vasily Struve to Mikhail Rostovtzev of 25 May 1914

2020 ◽  
pp. 1119-1130
Author(s):  
Ivan A. Ladynin ◽  
Keyword(s):  
Soviet Union ◽  
Economic History ◽  
Near East ◽  
Point Of View ◽  
Ancient Near East ◽  
State Institutions ◽  
The Soviet Union ◽  
Historical Archives ◽  
Russian State ◽  
History Of

The article presents a publication of the letter from Vasily Vasilievich Struve (1889–1965), pioneer in the research of the Ancient Near East societies in the Soviet Union, to Mikhail Ivanovich Rostovtzev (1870–1952), the prominent Classicist, one of the first scholars in socio-economic history of the Antiquity in pre-revolutionary Russia. The letter was written during Struve’s post-graduate sabbatical in Berlin in 1914; it is stored in the Russian State Historical Archives in St. Petersburg. The document is significant due to its information on Struve’s stay in Berlin and on his contacts with leading German scholars (including Eduard Meyer and Adolf Erman), but it also touches upon a bigger issue. In the early 1930s Struve forwarded his concept of slave-owning mode of production in the Ancient Near East, which was immediately accepted into official historiography, making him a leading theoretician in the Soviet research of ancient history. It has been repeatedly stated in memoirs and in post-Soviet historiography that this concept and, generally speaking, Struve’s interest in socio-economic issues was opportunistic. His 1910s articles on the Ptolemaic society and state published prior to the Russian revolution weigh heavily against this point of view. The published letter contains Struve’s assessment of his future thesis (state institutions of the New Kingdom of Egypt) and puts its topic in the context of current discussions on the Ptolemaic state and society and of his studies in the Rostovtzev’s seminar at the St. Petersburg University. Struve declares the study of Egyptian social structure and connections between its pre-Hellenistic and Hellenistic phases his life-task, introduced to him by Rostovtzev. Thus, Struve’s early interest in these issues appears to be sincere; it stems from pre-revolutionary trends in the Russian scholarship.

scholarly journals Banking System of Ukraine under Conditions of Overcoming the Consequences of 2008 Global Crisis

2010 ◽  
Author(s):  
Valentina Orlova
Keyword(s):  
Market Economy ◽  
Banking Sector ◽  
Foreign Currency ◽  
Banking System ◽  
Cash Flows ◽  
Economic Relations ◽  
History Of ◽  
The Government ◽  
In The Beginning ◽  
Further Development

In the modern market models state banking system plays the most significant role in the functioning of economic mechanism. It ensures control of total money supply, regulates movement of cash flows, and realizes accumulation and investment of financial resources, crediting different trades and people. In transition from socialist model of economics to market economy a precondition for the start of reformation of economic relations is multi-branch state banking system. In the beginning of 1990-s creation of such banking system began in Ukraine. However, crisis situation in economics that developed in 2008 has shown how imperfect and unadapted to the regularities of market economy was banking system in Ukraine. Now Ukrainian economics like world economy is recovering. However, the problem of growing treasury deficit and national debt becomes issue of the day for the Government as drastic, not predicted variations of foreign currency are able to make an impact on loan market. The article describes history of building Ukrainian banking system starting from market reforms. It gives analysis of the reasons that have caused collapse of the banking system under conditions of the global economic crisis of 2008. It also evaluates prospects for further development of banking sector in Ukraine.

scholarly journals Critical Success Factors in Indian Commercial Banks

2019 ◽  
Vol 8 (6S) ◽  
pp. 440-442 ◽  
Keyword(s):  
Commercial Banks ◽  
Critical Success Factors ◽  
Success Factors ◽  
Banking Sector ◽  
Business Environment ◽  
Bank Branches ◽  
Service Culture ◽  
Critical Success ◽  
Private Banks ◽  
Bank Executives

The important success factors to sustain strategically in the business environment of Indian Commercial Banks are found in the present study using Factor analysis. To remain competitive, stay customer-focused, imparting new, fast and technology–enabled services is possible only through critical success factors of Banking sector. A sample of 45 bank branches of public sector and private banks are studied through Bank executives and the success factors are found to be Employee Empowerment, Service Culture and Bank Evidence, Service Culture and Bank Evidence, Benchmarking Union involvement, Customer Satisfaction, values and ethics

The Overstretched Economy: Industry and Services

2021 ◽  
Author(s):  
Jan-Otmar Hesse ◽  
Christian Marx
Keyword(s):  
Weimar Republic ◽  
Economic History ◽  
Global Economy ◽  
Banking Sector ◽  
Foreign Debt ◽  
Consumer Society ◽  
The Great Depression ◽  
History Of ◽  
Equity Ratio ◽  
German People

The chapter starts from the assumption that the Weimar economy was subject both to several extraordinary strains and new societal claims that were difficult to reconcile. Thus, the economic history of the Weimar Republic can be described as a continuous compromise. Many social political goals could be achieved and wishes of the consumer society fulfilled, even under difficult conditions: a profound redistribution of income and wealth, an expansion of the welfare state, and the rudimentary beginnings of mass consumption. Nonetheless, economic development also remained fragile during the so-called ‘Golden Twenties’. Building upon the widespread assessment among economic historians of a ‘structurally sick economy of the Weimar Republic’, this chapter addresses several areas under which the economy’s strengths and weaknesses are investigated. This includes the fraught consequences of war, such as the reparation claims, as well as the loss of territories and the reintegration of German companies into a changed global economy. For the majority of the German people, opportunities for consumption improved only gradually—despite the economic and social successes of the Weimar economy. While the standard of living in 1920s Germany was lower than in other European industrial societies, the (old) industry swiftly regained its former strength by forming cartels and big corporations and by influencing the press. Key reasons for Germany’s economy tumbling into the Great Depression in the late 1920s were the low equity ratio of the banking sector and a growing foreign debt.

History of Russia: Challenges of the era of the Rurik

2018 ◽  
Author(s):  
Михаил Жеребкин ◽  
Mihail Zherebkin
Keyword(s):  
Training Manual ◽  
Russian History ◽  
Old Russian ◽  
Xvii Century ◽  
Russian State ◽  
History Of ◽  
Time Of Troubles ◽  
The Moment ◽  
In The Beginning

A training manual «History of Russia. Challenges of the Rurikovich’s epoch» covers a period of Russian history from the moment of the genesis and development of the Old Russian State in Novgorod and Kiev in the second half of the IX century till the ending of the ‘Time of troubles’ and the election of the first tsar of the new Romanov’s dynasty of tsar in the beginning of the XVII century. The analysis of the events of the reign of the Rurikovich’s dynasty princes is represented through the prism of challenges, the country is faced with. The content of the manual is consisted of five chapters. Five historic challenges, which the author highlights, are the depletion of Kievan Rus’ and the emergence of Verhnevolozhskaya Rus’, Mongol and Tatar invasion, the tide of west powers, the reunification of Russian lands around Moscow and Distemper

scholarly journals The Idea of D.D. Shamray’s Doctoral Dissertation “Free Printing Houses of the Eighteenth Century (1783—1796)”

2019 ◽  
Vol 68 (5) ◽  
pp. 535-542
Author(s):  
Alexander Y. Samarin
Keyword(s):  
Eighteenth Century ◽  
18Th Century ◽  
Public Library ◽  
Russian State ◽  
Archival Documents ◽  
History Of ◽  
State Library ◽  
Complete Bibliography ◽  
In The Beginning ◽  
Academy Of Sciences

The article considers the unpublished heritage of D.D Shamray (1886—1971), book historian, bibliologist, library scientist and bibliographer, employee of the Imperial Public Library (State Public Library named after M.E. Saltykov-Shchedrin, now — The National Library of Russia, NLR), connected with his idea of doctoral thesis on the period of free printing in Russia (1783—1796) in the beginning of 1950s. Archival materials on this topic are stored in the Department of manuscripts of the Russian State Library (RSL) and the Department of archival documents of the NLR. The plan of dissertation “Free Printing Houses of the Eighteenth Century (1783—1796)” and the unpublished work “The New Printing House of the Academy of Sciences, 1758—1783” reveal the idea of D.D. Shamray. These materials show that the scientist intended to pay special attention to the study of social, cultural, political prerequisites for the emergence of “free printing”, including the repertoire of manuscript books of the 18th century, and to highlight the practice of private orders in state printing plants as a prehistory of free printing. D.D. Shamray planned to create “Book chronicle of free printing houses”, understanding it as the compilation of complete bibliography of published products prepared in private printing houses during the period of “free printing”. D.D. Shamray widely used archival sources, mainly the documents of the Archive of the Academy of Sciences (now — St. Petersburg Branch of the Archive of the Russian Academy of Sciences), citing some of them in their entirety. However, the scientist did not reach the level of wide generalization and as a result, most of his texts on this topic remained unpublished. The study of materials on the unrealized plan of D.D. Shamray testifies to the important historiographical significance of the unpublished works for the complete understanding of the history of the scientific process in the field of domestic book studies and the history of book.

scholarly journals PRINCIPLES OF LAW AND JUSTICE IN THE HISTORY OF RUSSIAN LEGISLATION AND WESTERN EUROPEAN STATES

2020 ◽  
Vol 14 (6) ◽  
pp. 7-25
Author(s):  
VLADIMIR G. GRAFSKY
Keyword(s):  
Russian Society ◽  
Legal Development ◽  
Russian State ◽  
History Of ◽  
Legal Structures ◽  
Law And Justice ◽  
The Individual ◽  
The Right ◽  
In The Beginning ◽  
Principle Of Legality

The paper deals with the correlation of the principles of law and justice throughout the history of Russian and foreign legislation. In ordinary people’s ideas, law and law have always been associated with justice. The effectiveness of any law depends primarily on its fairness. Therefore, positive results in this direction can be achieved only if laws, by-laws, and other sources of law meet the requirements of justice. The author substantiates the thesis that in order to establish the right balance between justice and legality, first of all, it is necessary to take into account their importance as social regulators of the harmonious relationship of the individual with society. The formation and implementation of the principle of legality in the activities of the Russian state and the life of Russian society for many centuries of state and legal development of Russia remained, and still remains, one of the main trends in the activities of the true state power. The process of legal registration of requirements of law in the Russian law has come a long process from the first germ of its fixation in the early stages of legal development, to a sufficiently clear and unambiguous definitions and requirements in the beginning of the XXI century is Considered the Genesis of consolidation of legality and justice in the Russian legislation with the IX — the beginning of XXI century in the legislation of foreign countries. A study of the pattern of manifestations of legal justice suggests three modifications: legal justice according to the custom (as the unwritten law), legal justice for official legitimate law (the formal law) and legal justice, scientific and doctrinal. The author dwells in detail on the theoretical and philosophical characteristics and definitions of law and legal structures, based on the works of S.L. Frank, P.G. Vinogradov, V.S. Solovyov.

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