scholarly journals The Role of Money, Cryptocurrency and Gold in the Modern Monetary Policy

2019 ◽  
Vol 12 (1) ◽  
pp. 20-29
Author(s):  
M. A. Portnoi
Keyword(s):  
Monetary Policy ◽  
World Economy ◽  
The Past ◽  
Blockchain Technology ◽  
Modern Economy ◽  
Gold Market ◽  
The World ◽  
The Subject ◽  
Money Transfers

The subject of the researchis the modern understanding of money and its interaction with cryptocurrencies and gold as an important aspect of the monetary policy.The purposes of the researchwere to define the concepts of commercial physical money and symbolic credit money and characterize the modern credit money while treating cryptocurrencies as specific tokens suitable for money transfers and other operations. The paper gives assessment of the blockchain technology as a promising IT product ft for practical use in many sectors of the economy. The role of gold in the modern economy is analyzed. The specific features of the new method of attracting investment — the initial coin offering (ICO) — are considered. It is noted that a new sector has emerged in the modern economy and its financial sphere with elements of self-organization based on IT products. The paper emphasizes the need for legal support of the issue and circulation of cryptocurrencies. It is asserted that nowadays gold has completely lost its monetary function and the reasons for its accumulation by the states are explained. The prospects for the coexistence of modern money and cryptocurrencies are evaluated.It is concludedthat the money function of gold ceased in the twentieth century, which is an undisputable fact. The world of physical money is in the past. The current world gold market exists only thanks to the Washington Gold Agreement of 1999 renewable every five years. The world economy is still facing a difficult period of adjusting cryptocurrencies to being used as new tools in the world of credit money and securities.

Rostow's Kondratieff Cycle in Australia

1984 ◽  
Vol 44 (3) ◽  
pp. 729-753 ◽  
Author(s):  
David Pope
Keyword(s):  
Economic Development ◽  
World Economy ◽  
Raw Materials ◽  
Long Waves ◽  
Social Scientists ◽  
The World ◽  
Kondratieff Cycles ◽  
The Subject

The turn of economic events in the early 1970s correlates with a revival of ideas about the existence of long swings in economic development. The subject of Kondratieff cycles has attracted the pens of social scientists of very different persuasions. This paper draws on Walt W. Rostow's interpretation—with its emphasis on the role of exporters of food and raw materials in the world economy—to explore Australian long waves over the last 110 years. I conclude that the case for their existence is not confirmed and moreover that Rostow's cycle-mechanics offer a doubtful explication of movements in the Australian series.

Evolution of the Structure of the American Economy

2005 ◽  
pp. 84-96 ◽  
Author(s):  
A. Porokhovsky
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Information Technologies ◽  
Economic Structure ◽  
The Past ◽  
The World ◽  
The Usa ◽  
American Economy

The author pays special attention to the USA leading positions in the world economy. The basic significance of traditional industries, first of all manufacturing, in the structure of the American economy and its evolution are underlined. The article analyzes in detail the increasing role of services including finance. Information technologies create new economic structure and new quality of economic growth. A reader learns from the article about sustainable reproduction role of business cycle in the past and present.

scholarly journals The Role of Startups in Digitalization and Innovative Develop-ment of Economy

2018 ◽  
Vol 7 (4.38) ◽  
pp. 314
Author(s):  
Olga Nikolaevna Likhacheva ◽  
Lelya Germanovna Pashtova ◽  
Liubov Alexandrovna Setchenkova ◽  
Tatiana Alexandrovna Slepneva ◽  
. .
Keyword(s):  
World Economy ◽  
Digital Technologies ◽  
Business Angels ◽  
Investment Funds ◽  
Russian Market ◽  
Russian Economy ◽  
Modern Economy ◽  
The World ◽  
Key Drivers

The article examines the potential of introduction of new digital technologies in the Russian market through the development of startups in the modern economy. The article considers the key drivers of growth of digital startups and the prospects for their development in the domestic market of Russia and establishes the role of progressively developing information sphere for the investments of venture units of large corporations, business angels, the largest investment funds and other investors in the world economy. The peculiarities of startups' development in the Russian economy in modern conditions are revealed and the most significant solutions of this problem are presented.   

scholarly journals Uwagi etymologiczne w dawnych tekstach użytkowych (na przykładzie Kroniki, to jest historyi świata Marcina Bielskiego, Informacyi matematycznej Wojciecha Bystrzonowskiego i Nowych Aten Benedykta Chmielowskiego)

2021 ◽  
Vol 28 (2) ◽  
pp. 87-105
Author(s):  
Dorota Kozaryn ◽  
Agnieszka Szczaus
Keyword(s):  
Sixteenth Century ◽  
Literary Texts ◽  
The Past ◽  
The World ◽  
History Of ◽  
The Subject ◽  
Entire World ◽  
The One ◽  
The Relationship

The subject of the analysis in the article are the etymological explanations presented in the old non-literary texts (i.e. the texts that function primarily outside literature, serving various practical purposes), i.e. in the sixteenth-century Kronika, to jest historyja świata (Chronicle, that is the history of the entire world) by Marcin Bielski and in two eighteenth-century encyclopaedic texts: Informacyja matematyczna (Mathematical information) by Wojciech Bystrzonowski and Nowe Ateny (New Athens) by Benedykt Chmielowski. The review of the etymological comments allows us to take notice of their considerable substantive and formal diversity. These comments apply to both native and foreign vocabulary. On the one hand, they provide information on the origin of proper names (toponyms and anthroponyms), and on the other hand, a whole range of these etymological comments concern common names. A depth of etymological comments presented in non-literary texts is significantly diversified and independent of the nature of the vocabulary to which these comments apply – they can be merely tips on sources of borrowings of foreign words, but they can also constitute a deeper analysis of the meaning and structure of individual words, both native and foreign. These comments are usually implementations of folk etymology. The role of etymological considerations in former non-literary texts is significant. First of all, these texts have a ludic function, typical of popularised texts – they are supposed to surprise, intrigue and entertain readers. Secondly, they serve a cognitive function typical of non-literary texts – they are supposed to expand the readers’ knowledge about the world and language. Thirdly, they have a persuasive function, which is a distinctive feature of both popularised and non-literary texts – they are supposed to provoke the readers’ thoughts on the relationship between non-linguistic reality and the linguistic way of its interpretation, they also stimulate linguistic interests, which was particularly important in the past when the reflection on the native language was poor.

On Energy Status indicators and the role of renewableEnergy under Economic Crisis

2014 ◽  
pp. 92-105
Author(s):  
P. Bezrukikh ◽  
P. Bezrukikh (Jr.)
Keyword(s):  
Renewable Energy ◽  
World Economy ◽  
Electrical Energy ◽  
Primary Energy ◽  
Primary Energy Consumption ◽  
Energy Status ◽  
Economy Growth ◽  
The World ◽  
Production Regime

The article analyzes the dynamics of consumption of primary energy and production of electrical energy in the world for 1973-2012 and the volume of renewable energy. It is shown that in the crisis year of 20 0 9 there was a significant reduction in primary energy consumption and production of electrical energy. At the same time, renewable energy has developed rapidly, well above the rate of the world economy growth. The development of renewable energy is one of the most effective ways out of the crisis, taking into account its production regime, energy, environmental, social and economic efficiency. The forecast for the development of renewable energy for the period up to 2020, compiled by the IEA, is analyzed. It is shown that its assessment rates are conservative; the authors justify higher rates of development of renewable energy.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

Alignment

2016 ◽  
pp. 33-50
Author(s):  
Pier Giuseppe Rossi
Keyword(s):  
Teaching And Learning ◽  
Enactive Approach ◽  
The World ◽  
Strategic Role ◽  
Education Today ◽  
Current Context ◽  
The Subject

The subject of alignment is not new to the world of education. Today however, it has come to mean different things and to have a heuristic value in education according to research in different areas, not least for neuroscience, and to attention to skills and to the alternation framework.This paper, after looking at the classic references that already attributed an important role to alignment in education processes, looks at the strategic role of alignment in the current context, outlining the shared construction processes and focusing on some of the ways in which this is put into effect.Alignment is part of a participatory, enactive approach that gives a central role to the interaction between teaching and learning, avoiding the limits of behaviourism, which has a greater bias towards teaching, and cognitivism/constructivism, which focus their attention on learning and in any case, on that which separates a teacher preparing the environment and a student working in it.

The World Economy through the Lens of the United Nations

2018 ◽  
Keyword(s):  
World War Ii ◽  
United Nations ◽  
Global Economy ◽  
World Economy ◽  
Social Conditions ◽  
Policy Recommendations ◽  
The Past ◽  
The World ◽  
World Economic ◽  
The United Nations

This volume documents the intellectual influence of the United Nations through its flagship publication, the World Economic and Social Survey (WESS) on its seventieth anniversary. Prepared at the Department of Economic and Social Affairs (DESA) and first published in 1948 as the World Economic Report (subsequently renamed the WESS), it is the oldest continuous post-World War II publication of this kind, recording and analysing the performance of the global economy and social development trends, and offering relevant policy recommendations. This volume highlights how well WESS has tracked global economic and social conditions, and how its analyses have influenced and have been influenced by the prevailing discourse over the past seven decades. The volume critically reflects on its policy recommendations and their influence on actual policymaking and the shaping of the world economy. Although world economic and social conditions have changed significantly over the past seven decades and so have the policy recommendations of the Survey, some of its earlier recommendations remain relevant today; recommendations in WESS provided seven decades ago seem remarkably pertinent as the world currently struggles to regain high levels of employment and economic activity. Thus, in many ways, WESS was ahead of the curve on many substantive issues. Publication of this volume will enhance the interest of the wider community of policymakers, academics, development practitioners, and members of civil society in the analytical work of the UN in general and UN-DESA in particular.

A Long Stagnation, or Capitalism without Growth

2018 ◽  
Author(s):  
Louçã Francisco ◽  
Ash Michael
Keyword(s):  
Great Recession ◽  
World Economy ◽  
Economic Stability ◽  
Secular Stagnation ◽  
The Great Recession ◽  
The Past ◽  
The World ◽  
History Of ◽  
Growth Prospects

Chapter 11 assesses the growth prospects of the world economy. The history of global economic doomsaying is traced briefly, a frequently reasonable position that has not done well with the facts for the past hundred years. Capitalism has been adept at escaping from the pit and pendulum. A set of global imbalances is then reviewed that are seen as posing a severe threat to global economic stability and certainly to the prospects for sustainable and equitable growth. The Great Recession following the Crash of 2007–8 might be “different this time.” Historical and contemporary fears of “secular stagnation” are discussed but the speculative nature of stagnationist assessments is acknowledged.

scholarly journals Shopping Centres, Cycling Accessibility and Planning—The Case of Nova Lund in Sweden

Urban Science ◽  
2020 ◽  
Vol 4 (4) ◽  
pp. 70
Author(s):  
Till Koglin ◽  
Lucas Glasare
Keyword(s):  
Conflicts Of Interest ◽  
Current Situation ◽  
Decision Makers ◽  
Power Structures ◽  
Literature Study ◽  
Shopping Centre ◽  
The Past ◽  
Whole Process ◽  
The Subject

This paper evaluates the history and cycling accessibility of Nova, a shopping centre established in Lund, Sweden, in 2002. The current situation was also analysed through observation and a literature review. Moreover, the study conducted a closer analysis of the history and role of the municipality based on further literature study and interviews with officials. The conclusion of the analysis indicates poor and unsafe bikeways caused by conflicts of interest between politicians, officials, landowners and the general public. It also depicts a situation in which the municipality’s master plan has been ignored, and, in contrast to the local goals, cycling accessibility at Nova has seen no significant improvement since the shopping centre was first established. The reasons for this, arguably, are a relatively low budget for bikeway improvements in the municipality, as well as a situation in which decision-makers have stopped approaching the subject, as a result of the long and often boisterous conflicts it has created in the past. Lastly, it must be noted that it is easy to regard the whole process of Nova, from its establishment to the current situation, as being symptomatic of the power structures between drivers and cyclists that still affect decision-makers at all levels.

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