The Role of Credit in the Theory of Endogenous Money - A Post-Keynesian Analysis of Credit Institutions

2005 ◽  
Author(s):  
Marc Pilkington
Keyword(s):  
Endogenous Money ◽  
Credit Institutions

THE ROLE OF PAYMENT INSTRUMENTS IN THE ACTIVITIES OF CREDIT INSTITUTIONS OF THE RUSSIAN BANKING SYSTEM

2021 ◽  
Vol 3 (12) ◽  
pp. 43-47
Author(s):  
Lana V. Kulumbegova ◽  
Keyword(s):  
Banking System ◽  
Payment System ◽  
The State ◽  
Payment Instruments ◽  
Important Means ◽  
Credit Institutions

Payment instruments act as the most important means used in the implementation of transfers of funds and payments within the framework of the national payment system of Russia. The existing variety of instruments generally satisfies the needs of customers of credit institutions; however, it is necessary to conduct constant monitoring of indicators characterizing the state and development of the payment sector in Russia in the context of the payment instruments used.

The Role and Effectiveness of Fiscal Policy

2005 ◽  
Vol 16 (1) ◽  
pp. 17-41 ◽  
Author(s):  
Neil Hart
Keyword(s):  
Fiscal Policy ◽  
Interest Rate ◽  
Macroeconomic Policy ◽  
Central Banks ◽  
Policy Formulation ◽  
Endogenous Money

A meaningful discussion of the role and effectiveness of fiscal policy is not possible within the context of the antiquated textbook models, which in their current and likely future form (the ‘New Neo-Classical Synthesis) have been used to endorse the deflationary bias in macroeconomic policy formulation during recent decades. This paper present a critique of the ‘mainstream’ textbook modelling of fiscal policy, and suggests a more meaningful framework in which to consider the role of fiscal policy; a framework which in particular recognises the realities of endogenous money and interest rate targeting by central banks.

Impact of Bank Programmes on Socio Economic Development of Beneficiaries: A Study of Hunsur Taluk in Mysore District

2012 ◽  
Vol 11 (1) ◽  
pp. 25-41
Author(s):  
Ramakrishna . ◽  
K V Aiahanna
Keyword(s):  
Economic Development ◽  
Special Reference ◽  
Economic Conditions ◽  
Socio Economic Development ◽  
Credit Institutions

The main aim of the study is to identify the bank programmes based on the socio-economic conditions of the beneficiaries in the study area. The scope of the study is confined to the role of credit institutions in uplift of the weaker sections, with special reference to IOB [Indian Overseas Bank] in Hunsur Taluk.

scholarly journals DALAM MENGGERAKKAN SOSIAL EKONOMI MASYARAKAT PEDESAAN (Studi Pada Lembaga Perkreditan Desa (LPD) Desa Adat Pekutatan)

2014 ◽  
Vol 12 (1) ◽  
pp. 69
Author(s):  
Pera Sundarianingsih
Keyword(s):  
Rural Communities ◽  
Financial Performance ◽  
Financial Institution ◽  
Social Economy ◽  
Final Value ◽  
Capital Assets ◽  
The Social ◽  
Village People ◽  
Credit Institutions

This study aimed to evaluate the success of Village Credit Institutions in moving the social economy of rural communities. The indicator that shows the success Village Credit Institutions observed from three (3) aspects, namely Management, Financial Performance, and the role of socio-economic Village Credit Institutions in mobilizing rural communities. The results of this study can be concluded that Village Credit Institutions Management Pekutatan Village People is good enough. Financial performance Village Credit Institutions Village People Pekutatan terms of aspects Capital, Assets, Earnings, and Liquidity obtained by total final value respectively by 100, it is given a healthy predicate. Traditional Village Pekutatan Village Credit Institutions role in moving the social economy of rural communities is not a financial institution that is solely for the benefit / pure business concept but as a socially minded funding institutions regilius.

THE ROLE OF THE BANK OF RUSSIA IN REGULATING THE ACTIVITIES OF CREDIT INSTITUTIONS

2021 ◽  
Vol 3 (197) ◽  
pp. 70-75
Author(s):  
M.B. Tershukova ◽  
◽  
V.S. Abramov ◽  
Keyword(s):  
Financial Stability ◽  
Banking System ◽  
The Relationship ◽  
Credit Institutions

The article presents a study of the regulation of credit institutions activities carried out by the Bank of Russia. The relationship between the strengthening of the banking system and monetary regulation is revealed. In the process of monetary regulation, banks are influenced to improve their financial stability, which ultimately leads to the strengthening of the banking system. The author's suggestions for improving the regulation of the activities of credit institutions are presented.

The banking sector of Kursk region, its role in developing regional economy

2020 ◽  
Vol 2020 (5) ◽  
pp. 143-157
Author(s):  
Viktoriya Sergeeva
Keyword(s):  
Data Analysis ◽  
Regional Economy ◽  
Banking Sector ◽  
Local Economy ◽  
Credit Institution ◽  
Dynamic Data ◽  
Credit Portfolio ◽  
Kursk Region ◽  
Credit Institutions

The article provides the analysis of banking sector functioning in Kursk region. The purpose of the study is to determine the main advantages of regional credit institutions over large banking structures in the regional economy. Drawing on structural and dynamic data analysis, the paper reveals basic trends in developing the banking sector of the region and also determines its role in the local economy. The article examines the role of PJSC Kurskprombank as a sole credit institution in the economy of the region explored. The paper analyzes the credit portfolio of the institution against various criteria in order to determine the specifics of the Bank’s work in the field of issuing loans to customers.

scholarly journals Legal Importance of Money Creation

2015 ◽  
Vol 2 (2) ◽  
pp. 31-36
Author(s):  
Lauris Bočs
Keyword(s):  
Legal Aspects ◽  
System Stability ◽  
Money Creation ◽  
Credit Institutions

The aim of the research is to analyse legal aspects of systemic money creation. By using descriptive, analytical, systemic and legal-technical methodology, the article examines the role of credit institutions and determines their systemic importance for money creation. The author concludes that credit is the basis for modern money creation which has a deteriorating effect on long term money system stability because of inherent inflation needs. Pētījuma mērķis ir analizēt sistēmiskas naudas radīšanas juridiskos aspektus. Lietojot aprakstošo, analītisko, sistēmisko un juridiski tehnisko metodi, rakstā ir izpētīta kredītiestāžu loma un noteikta to sistēmiskā nozīme naudas radīšanā. Rakstā secināts, ka kredīti mūsdienās ir naudas radīšanas pamatā un tie nelabvēlīgi ietekmē ilgtermiņa naudas sistēmas stabilitāti tai piemītošās inflācijas vajadzības dēļ.

scholarly journals THE ROLE OF MICROFINANCE IN ADDRESSING FINANCIAL SERVICES

2017 ◽  
pp. 4-9
Author(s):  
I. P. Vishnyakov
Keyword(s):  
Financial Services ◽  
Small Businesses ◽  
Positive Impact ◽  
Bank Credit ◽  
Resource Base ◽  
Self Employment ◽  
Further Development ◽  
Potential Customers ◽  
Credit Institutions

The Article is devoted to present the problem of microlending to small businesses. Microfinance encourages self-employment of the population and the development of domestic small and micro business.based on the methods of analysis, synthesis, generalization and scientific abstraction, we can conclude that domestic MFIs begin to perform the function of satisfaction in the financial services population, small and micro enterprises in terms when these subjects of the economy are unavailable or inaccessible services of credit institutions (both banks and non-Bank credit institutions). Despite the positive impact of MFIs on the domestic economy, their activities could be more effective. Currently, MFIs are not able to fully Udo-uletaite the demand for financial services, including due to the low resource base of the MFIs. Independently MFI can solve this problem at the expense of increase of tariffs for the services rendered that would affect the availability of their services and in result will prevent the solution of the problem of expanding the range of potential customers of financial services. In the interests of further development of MFIs of expanding access to financial services is proposed to develop measures for a substantial increase in the resource base of MFIs, providing them with available funding.

Classical Political Economy and the Evolution of Central Banks: Endogenous Money and the Fiscal-Military State

2018 ◽  
Vol 50 (4) ◽  
pp. 660-667
Author(s):  
Matías Vernengo
Keyword(s):  
Political Economy ◽  
Central Bank ◽  
Karl Marx ◽  
Adam Smith ◽  
Central Banking ◽  
Jel Classification ◽  
Alternative Theory ◽  
Endogenous Money ◽  
David Ricardo

The paper analyzes briefly the changing ideas on the role of money and banks from William Petty to Thomas Tooke, including the works of Adam Smith, David Ricardo, and Karl Marx. It analyzes the role of ideas in shaping the evolution of central bank regulation. Particular importance is given to the Bank of England’s inconvertibility period, from 1797 to 1821, and the ensuing debate in shaping Robert Peel’s Bank Act of 1844, which is often seen as the birth of modern central banking. The importance of the Say’s Law, and the inexistence of an alternative theory of the determination of output, is shown to play an essential role in the policy prescriptions of the so-called Bullionist authors, who won the debates that shaped central banking practices in the nineteenth century. The paper concludes with a brief analysis of what is a central bank according to the dominant (marginalist) mainstream of the profession, and what an alternative conception based on what may be termed classical-Keynesian political economy would be. JEL Classification: B10, N20, E58

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