scholarly journals Application of Securitization of Leasing Assets

Author(s):  
I. V. Linev

Securitization of leasing assets was widely adopted abroad within the last decades. Securitization of leasing assets usually is meant as process of formation of a portfolio based on future leasing payments of one and (or) more leasing company and sale of securities to investors for the subsequent refinancing of leasing operations. These securities can be bonds, actions or bills. Thus the asset leased, acts as providing these papers. Nomenclature of property includes office, medical (first of all, stomatology), training, video the equipment, and also a car, motor-equipment, towers of cellular communication production of heavy mechanical engineering and computers. The essence of securitization of leasing assets consists in isolation of streams of leasing payments from risk of bankruptcy of the leasing company. As the considered mechanism has the greatest development in the USA, so far as consideration of experience of its application in this country is represented especially actual. The special attention is deserved by a question of decrease in credit risk of the investor. External and internal providing is applied to its decision in different types. Interest of participants in securitization of leasing assets consists in distribution of risks between them, emergence of a new source of financing, depreciation of attracted resources, increase of liquidity of a leasing portfolio and optimization by management by balance of the enterprise. Appeal of this tool to the leasing company in a case when it has no available own funds for business development, represents separate interest. Securitization allows the leasing company to expand sources of attraction of the capital and to receive a reserve for the future, and also to broaden the sphere of options of activity and to give it new opportunities for financing of projects. Widespread introduction of schemes of securitization in practice of the Russian leasing business, requires development, and on some aspects -creation of the corresponding legislative base. In the conditions of a tendency observed around the world to broad use of this tool, which gives a powerful impulse to development both bank, and real to sectors, Russia cannot stand aside from this process.

2020 ◽  
Vol 29 (1) ◽  
pp. 5-24
Author(s):  
Vaskrsija Janjić

Many plants cause dermatosis in the human population, thus presenting an everyday problem for dermatologists and allergologists around the world. To this day it is still not known how common are plant-induced dermatosis. It is estimated that around 334 million people worldwide, or 3.5% of the world population, is affected by dermatosis each year. The onset of dermatitis is most common in the early childhood. Around 20% of children in Great Britain and 10% in the USA are affected by different types of dermatosis. It is believed that around 10,000 plant species can cause dermatosis in humans. Phytodermatosis are dermatosis caused by plants. They are usually induced by direct contact with a plant, but can also occur without a direct contact or be activated by the sun. Dermatosis which occur without a direct contact with the plant are observed in those cases where certain perfumes, cremes or other cosmetic products are used. Some cosmetic products contain substances such as eugenol, isoeugenol, cinnamaldehyde, colophonium, turpentines and other substances which originate from plants. Similarly, lichens, which are not plants, but organisms resulting from a fungi and algae symbiosis, produce usnic acids, which are most commonly used in sun protection products.


2014 ◽  
Vol 39 (1) ◽  
pp. 56-68
Author(s):  
Serpil Özker

Lofts are housing forms converted from warehouse-workshop into a “habitable environment” in coastal towns of Europe and the USA after the Industrial Revolution. Particularly positioned in coastal towns of New York, Loft life made an impact in the world over time. It became a new form of living when artists converted structures like factories into habitable environment. From past to today, all national and international developments during the process affected and accelerated development of the constant evolution of housing concept. In that sense, in this study, the meaning of Lofts in Istanbul and the effect and change of socio-cultural stratification on spatial conversion of housing consumerism has been examined in the context of Istanbul. Especially, process of gentrification, shaped by effects of urban transformation post 1980, and cultural development affected by this process, attendant Loft life has become an accelerating way of life. In this context, historical and stylistic value and especially usage of Loft living has been examined. In the first chapter; past, present and the post-1980 development of housing sector in Istanbul, in the second chapter, with a thriving cultural life, and Loft formation, has been examined in the context of structural criteria, resulting three different Lofts have been discussed in detail. In the third section, three different types of Loft have been analyzed in the context of space depending on examples. As a result of researches, three different types of Lofts, “Original”, “Semi” and “Imitation” concepts have become clear and it has been concluded that “Imitation Loft” formation gives direction to life in Istanbul.


2020 ◽  
Vol 11 (87) ◽  
Author(s):  
Vladlena Parsenyuk ◽  
◽  
Olha Pashchenko ◽  

The sharing economy or collaborative economy is a new social economical system, the idea of which is based on the shared usage and shared access to resources, goods and services. Moreover, sharing economy includes their creation, production, distribution, trade and consumption by various people and organizations. The article highlights the problem of regulating the sharing economy, in particular, taxation, labor payment by sharing services and allocation of responsibilities between the participants of the sharing agreement and the platform. The markets of the USA, Europe and China were selected for analyzing current trends of the sharing economy`s development in the world. It is known that rent of apartments and transport are two the most developed areas of sharing. At the same time, the media and entertainment is the most credible sector among all other sharing services. During the research the features and advantages of the sharing economy were revealed, which are: access to a wider and better range of goods and services, reduction of their prices, the ability to earn additional income, saving time through automated rental processes, broadening the outlook and exchanging of experience, saving resources and protecting the environment. It is known that sharing companies are serious competitors of traditional service providers, because of using three models of business development at the same time – leadership strategy by expenditures, strategy of differentiation and focus strategy. Furthermore, the factors of dynamic development of sharing in the world were identified, the main of which is the rapid spread and usage of information technologies, as well as the growth of the world's population, increasing income inequality, the frequency of global financial, environmental and social crises, and increasing the cost`s volatility of natural resources. It is predicted further development and growth of sharing economy, which in 2025 will be comparable to the traditional economy in terms of total revenue. Based on this analysis, the trends of further development of the collaborative economy were justified – consolidation sharing platforms into large online sharing systems, changing the way of consumption, opening up new possibilities for business development and the emergence of new business projects, overcoming corruption, shift in awareness and the level of trust to sharing services, tougher competition and the increased role of the state as a regulator of sharing processes.


2002 ◽  
Vol 14 (3) ◽  
pp. 98-108 ◽  
Author(s):  
Patrick Rössler ◽  
Julia Bacher

Abstract. Product placement represents an alternative strategy of advertisers to overcome restrictions of traditional commercial communication. The paper describes different types of placement and resumes the small body of research in the field, both serving as a starting point for empirical research. As a matter of fact, placements which have become part of top movies will be distributed in cinemas and on screens all over the world. A quasi-experimental study carried out in Germany and the USA was designed in order to detect awareness and attitude effects of the respective placements as well as general evaluations. The results indicate small but noteworthy differences between the American and the German audience: To a certain degree, product placement was more effective on the awareness dimension in Germany, and more effective on the evaluative dimension in the USA (a result that may be traced back to the perceived function of creating a realistic impression). High placement awareness led to smaller attitude effects in Germany, while a lower degree of awareness in America should have enhanced the impact on product assessment.


2006 ◽  
pp. 75-92 ◽  
Author(s):  
S. Moiseev

The number of classical banks in the world has reduced. In the majority of countries the number of banks does not exceed 200. The uniqueness of the Russian banking sector is that in this respect it takes the third place in the world after the USA and Germany. The paper reviews the conclusions of the economic theory about the optimum structure of the banking market. The empirical analysis shows that the number of banks in a country is influenced by the size of its territory, population number and GDP per capita. Our econometric estimate is that the equilibrium number of banks in Russia should be in a range of 180-220 units.


2008 ◽  
pp. 4-19 ◽  
Author(s):  
A. Ulyukaev ◽  
E. Danilova

The authors point out that the local market crisis - on the USA substandard loan market - has led to the uncertainty of the world financial market. It has caused the growing demand for liquidity in the framework of the world financial system. The Russian banking sector seems to be more stable under negative changes than banking systems of other emerging markets. At the same time one can assume that the crisis will become the factor of qualitative shift in the character of the Russian banking sector development - the shift from impetuous to more balanced growth.


Author(s):  
Y. Arockia Suganthi ◽  
Chitra K. ◽  
J. Magelin Mary

Dengue fever is a painful mosquito-borne infection caused by different types of virus in various localities of the world. There is no particular medicine or vaccine to treat person suffering from dengue fever. Dengue viruses are transmitted by the bite of female Aedes (Ae) mosquitoes. Dengue fever viruses are mainly transmitted by Aedes which can be active in tropical or subtropical climates. Aedes Aegypti is the key step to avoid infection transmission to save millions of people in all over the world. This paper provides a standard guideline in the planning of dengue prevention and control measures. At the same time gives the priorities including clinical management and hospitalized dengue patients have to address essentially.


2003 ◽  
Vol 2 (1) ◽  
pp. 33-50
Author(s):  
Göran Gunner

Authors from the Christian Right in the USA situate the September 11 attack on New York and Washington within God's intentions to bring America into the divine schedule for the end of the world. This is true of Pat Robertson and Jerry Falwell, and other leading figures in the ‘Christian Coalition’. This article analyses how Christian fundamentalists assess the roles of the USA, the State of Israel, Islam, Iraq, the European Union and Russia within what they perceive to be the divine plan for the future of the world, especially against the background of ‘9/11’. It argues that the ideas of the Christian Right and of President George W. Bush coalesce to a high degree. Whereas before 9/11 many American mega-church preachers had aspirations to direct political life, after the events of that day the President assumes some of the roles of a mega-religious leader.


Author(s):  
Stefania Mosiuk ◽  
Igor Mosiuk ◽  
Vladimir Mosiuk

The purpose of the article is to analyze and substantiate the development of tourism business in Ukraine as a priority component of the national economy. The methodology of this study is to use analytical, spatial, geographical, cultural and other methods. This methodological approach provided an opportunity to carry out a complete analysis of the state of the tourism industry of the state and to draw some conclusions.The scientific novelty lies in the coverage of the real and potential resource potential for the development of the recreational and tourism sphere in Ukraine, detailing the measures for the country ‘s entry into the world tourist market. Conclusions. Analyzing the state and prospects of tourism business development in Ukraine, it should be noted that this industry is one of the priority areas for improving the economy of the country. Historical, cultural – ethnographic, gastronomic, sanatorium and resort potentials of the country will lead the country into world leaders of the tourism industry when creating favorable conditions for investment and proper marketing.


2020 ◽  
Vol 2 (4) ◽  
pp. 32-54
Author(s):  
Silvia Spitta

Sandra Ramos (b. 1969) is one of the few artists to reflect critically on both sides of the Cuban di-lemma, fully embodying the etymological origins of the word in ancient Greek: di-, meaning twice, and lemma, denoting a form of argument involving a choice between equally unfavorable alternatives. Throughout her works she shines a light on the dilemmas faced by Cubans whether in Cuba or the United States, underlining the bad personal and political choices people face in both countries. During the hard 1990s, while still in Havana, the artist focused on the traumatic one-way journey into exile by thousands, as well as the experience of profound abandonment experienced by those who were left behind on the island. Today she lives in Miami and operates a studio there as well as one in Havana. Her initial disorientation in the USA has morphed into an acerbic representation and critique of the current administration and a deep concern with the environmental collapse we face. A buffoonlike Trumpito has joined el Bobo de Abela and Liborio in her gallery of comic characters derived from the rich Cuban graphic arts tradition where she was formed. While Cuba is now represented as a rotten cake with menacing flies hovering over it ready to pounce, a bombastic Trumpito marches across the world stage, trampling everything underfoot, a dollar sign for a face.


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