scholarly journals Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities

2021 ◽  
pp. 155-160
Author(s):  
M. A. Eskiev

Agriculture plays an important role in the food security and sustainability of people in any country. The sustainability of agriculture can be improved by allowing the introduction of innovative services, such as financial technology (FinTech) and the digital marketplace. A digital trading platform supported by financial technology can transform business processes in agriculture into more sustainable ones in terms of financing and distribution. FinTech offers farmers easy ways to obtain funding sources through crowdfunding and digital payment systems. A digital trading platform can act as a platform for FinTech to integrate an innovative financial solution into the broader agricultural ecosystem. The article proposes a digital marketplace model using FinTech and a crowdfunding and payment system to support agricultural sustainability. The crowdfunding digital marketplace model brings together all participants (farmers, landowners, investors and consumers) in a platform that can promote transparency, empowerment, resourcefulness and public participation in agriculture. 

Author(s):  
O.V. Cherkasova ◽  
◽  
A.S. Strokov ◽  
E.V. Tsvetnov ◽  
O.A. Makarov ◽  
...  

The article assesses the food security of municipalities in the Volgograd region based on indicators of self-sufficiency in agricultural products. It was proposed to adapt the methodology for calculating self-sufficiency indicators, replacing indicators of consumption of basic products in municipalities that are not publicly available with indicators of necessary production volumes in accordance with rational norms. This makes it possible to better assess the extent to which municipalities are able to provide the population with basic food supplies, as well as to identify bottlenecks in order to develop proposals to address them. The highest self-sufficiency ratios for the main types of products was noted in the municipalities of the North-Western agricultural region with most favourable conditions for agricultural activities and, conversely, the lowest figures are typical for agricultural Zavolzhsky area – with the less favourable agricultural conditions.


2021 ◽  
Vol 13 (1) ◽  
pp. 19-35
Author(s):  
Baile Lu ◽  
Shuai Hao ◽  
Michael Pinedo ◽  
Yuqian Xu

In this paper, we provide a survey of recent developments in the fintech (financial technology) industry, focusing on the operational structures, the technologies involved, and the operational risks associated with the new systems. In particular, we discuss payment systems, algorithmic trading, robo-advisory, crowdfunding, and peer-to-peer lending. In the conclusion section, we discuss various promising research directions.


The book provides a comprehensive and authoritative analysis on the regulation of financial markets and market infrastructure. It focuses on stock markets and exchanges, associated trading, clearing, and settlement, and on payment systems, set in their historical and current contexts. This new edition addresses a number of major developments that have impacted the UK, wider European and international financial markets, such as within the UK, the PRA, the FCA and the Bank of England have become established financial regulators, each with its distinguishing responsibilities; MiFID has been substantially revised and strengthened through new directly applicable EU regulation; MiFID 2 also addresses the challenges posed by the use of fast-technology such as high frequency and algorithmic trading; and new technology is beginning to make an impact on the infrastructure of financial markets. This new edition includes updated content on the growing importance of financial technology with two new chapters on the emerging impact of financial technology on markets and on the regulation of markets. There is also a new chapter on MiFID 2 and MiFIR – the new securities trading architecture that will see the introduction of a new trading venue as well as significant changes to and the pre- and post-trade transparency and reporting regime. The introduction of mandatory trading of derivatives on trading venues is addressed together with the related post-EMIR regime for the mandatory clearing of certain classes of derivatives. Chapters on the role of the European Commission and ESMA have been updated, and consideration is given to the possible implications of Brexit for market location and access


2021 ◽  
Vol 9 (10) ◽  
pp. 821-829
Author(s):  
Dsouza Prima Frederick ◽  
◽  
Krithi a ◽  
Priyanka Nayak ◽  
Bhuvana R. ◽  
...  

Purpose: The core aim of this article is to study the influence of E-Business Processes of foodservice companies on increasing food security. Objectives: To study the theoretical background of the creation of foodservice business processes describe their function in the production cycle evaluate foodservice predictors to understand the framework on how the business processes grounded on digital technologies which have positive impact on food security. Methodology: This paper is based on a variety of existing research on E-Business Processes in the Food Service Industry. The research employed secondary data from a literature analysis of journal publications. Findings: The development and modernisation of digital business process management principle, as well as the intricate performance of all structural elements of the food business, including information and computer technological progressions, all helps in contributing to the firms catering processes that are carried out efficaciously. Originality: In the concept of production and management, the paper mentions the business process and its attributes. The study analyses the various forms and attributes of business processes in the sphere of food services, as well as their content and objectives. The researcher aims to investigate the role of modernization of business processes in the system and management process, as well as the influence on the key outcomes that define successful service market activity. The study contains foodservice industry information with its trends and issues. Value: The study proposes a series of tech methods to enhance the business processes of foodservice companies, with a beneficial influence on food security. Type of paper: Conceptual Research Paper.


2021 ◽  
Vol 17 ◽  
pp. 38-46
Author(s):  
Romanus Osabohien ◽  
Isaiah O. Olurinola ◽  
Oluwatoyin A. Matthew ◽  
Amechi Endurance Igharo

This study examined how enabling environment (proxied by political stability and absence of violence) affect agricultural production and food security in the Economic Community of West African States (ECOWAS) sub-region. The essence of this study is to ensure that a conducive enabling environment is put in place to boost agriculture, so as to ensure food security in ECOWAS sub-region. The study employed the fixed and random effects econometric method on the data sourced from the World Development Indicators (WDI) and the Food and Agricultural Organisation (FAO) for the period 2000 to 2018. The findings from the study showed that, when there is an enabling environment for farming, agriculture production increased by 1%, while food security increased by about 3%.These findings imply that proper policies and programmes should be put in place towards ensuring an enabling environment for agricultural activities which will increase production and food security within the ECOWAS sub-region.


2022 ◽  
pp. 85-123
Author(s):  
Chandrani Singh ◽  
Sunil Hanmant Khilari ◽  
Archana Nandanan Nair

Agriculture being the prime means of livelihood, there is a basic need of re-inventing the farming best practices, combined with tech-driven innovations in this segment to ensure sustainability and eliminate poverty and hunger. In this chapter, the authors focus on introducing relevant technology-enabled services that will ensure economic sustainability, enhance food security through data-driven decision making by various stakeholders like farmers,agri-business and agri-tech start-ups, farmpreneurs, government, agronomists, and IT suppliers. The analyzed information will be used as a vantage by farmers to select precision farming practices to aid productivity to empower personnel to provide timely assistance and industries to implement real-time monitoring using sensors and devices. The chapter will help formulate concepts, methods, practices, benefits, and introducing several case scenarios to effectively propagate the service mode of farming that will imbibe pay-as-you go model ensuring cost optimization and operational ease.


2020 ◽  
Vol 17 ◽  
pp. 00240
Author(s):  
Maria Tyapkina

One of the criteria for ensuring food security is the consumption of basic food products per capita, which characterizes the level and quality of life. Food consumption is the result of the reproductive process in agriculture. The article discusses the level of self-sufficiency on the materials of the Irkutsk region, is compared with the food security criteria provided for in the Doctrine. All food products, except for potatoes, residents of the Irkutsk region consume significantly less, compared with residents of the Russian Federation. For meat, milk, egg, vegetables, consumption does not meet the rational standards recommended by the Ministry of Health for a healthy diet. A regression model of the relationship between per capita incomes of the country and milk consumption per capita is presented. The mismatch between the excessive content of fat in food, potatoes, sugar and bread in the diet and the lack of calorie intake affects the health of the population of the Irkutsk region. It is necessary to achieve the level of production of the main types of high-quality food products, enough to provide the population of the Irkutsk region and reduce food dependence.


2019 ◽  
Vol 3 (Supplement_1) ◽  
Author(s):  
Nina Schlossman ◽  
Roberta Lauretti-Bernhard ◽  
Amanda Bridges

Abstract Objectives There is currently no information on what buyers know about nutrition of their fair trade coffee grower's nutrition and therefore are missing the opportunity to improve the condition of their grower families, many of whom are headed by women. Our objectives are to highlight knowledge and awareness of buyers and consumers; identify best practices to address needs of coffee growers and families to improve nutrition resources; and develop “Nutrition Actions for Coffee Growers” for companies to implement. Methods Review evidence and secondary data; review U.S. Government programs supporting small-scale farmers and their effectiveness to address grower nutrition; conduct key informant interviews with coffee buyers and companies identified during the Specialty Coffee Expo, April 2019 and Sustainability Consortium TSC10 Conference. Research protocol: Internet-search (pubmed, other sources); synthesize evidence from studies, publications, research; attend Specialty Coffee Expo and Sustainability Consortium TSC10; identify key informants among TSC10, International Women's Coffee Association (IWCA), coffee buyers and companies focusing on fair trade coffee; develop interview instruments; conduct interviews. Results This abstract is focused on methods and protocol for our research which will be the first of its kind. Conclusions This study will provide insight into fair trade purchasers’ understanding and recommend actions companies can take to enable women growers and their families to improve family food security and nutrition. Women provide up to 70% of labor in cultivating and harvesting coffee and 20–35% of coffee-producing households are female headed (International Coffee Organization, ICC 121, 2018). Even when growers get a price premium for fair trade or organic certification, it is not enough to support family livelihoods (Bacon, 2008; Méndez, 2010; Beauchelt, 2012, 2011). Better understanding among fair trade coffee buyers and companies will provide opportunities for growers to ensure better household nutrition. These actions could be scaled to other fair trade products like cocoa, essential oils, artisanal textiles. Funding Sources Global Food & Nutrition Inc. provided funding for the literature review and conference participation.


2013 ◽  
Vol 2 (3) ◽  
pp. 86 ◽  
Author(s):  
Haruna Sekabira

<p>Micro Finance Institutions (MFIs) rejuvenate economic prowess in developing countries, after severe shocks like wars, droughts and floods. MFIs are a promising tool to tackle poverty and improve food security. Sustainability of MFIs based on their capital structure ensures sustainability in poverty reduction and improved food security. The limited literature on the impacts of capital structures on MFI performance necessitated the study. Panel data from 14 MFIs was collected based on availability and accessibility. The sources of data were financial and income statements covering five years. Econometric analysis using STATA software was done following methodologies of Bogan and Rosenberg. MFIs lent to both individuals and groups and 79% were not regulated by the Central Bank, 86% had their funding sources as loans, grants, excluding deposits/savings and 73% attained operational self-sufficiency. Debt and grants were negatively correlated to operational and financial sustainability. When sustainability was more constricted to financial sustainability, debt and share capital remained noteworthy. Other than grants, debt was paid back on competitive market interest rates most especially debts from money lenders, whereas share capital fetched in revenues to the MFIs at market interest rates from the borrowers. Grants and debt had a substantialdamagingconsequence on MFI performance. Capital structure was essential in MFIs’ sustainability. MFI specific characteristics, like management were also important. Subject to sampling uncertainties, the results indicate that adding to regulation by Central Bank, MFIs must specialize their lending to reduce portfolio at risk. MFIs must reduce dependence on debts and grants and resort to accumulating share capital for long-term sustainability.</p>


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