scholarly journals Russian capital investment dynamics as an economic transformation factor

2019 ◽  
Vol 89 (10) ◽  
pp. 981-992
Author(s):  
Aleksey V. Alekseev ◽  
Natalia N. Kuznetsova
Keyword(s):  
Global Economy ◽  
Capital Investment ◽  
Large Scale ◽  
Economic Transformation ◽  
Capital Investments ◽  
Economic Activities ◽  
Investment Projects ◽  
Use Of Resources ◽  
Investment Process

By comparing Russian and American capital investment programs according to gross and per capita indexes, this article analyzes capital investments long-term dynamics in economic activities in general and manufacturing in particular. Results showed that Russian economic growths quality, determined by its 2000 capital investment structure did not correspond with the national economys long-term development aims. Moreover, investment activitys current fading appears consequent to that periods inappropriate investment politics. The existing Russian investment system aims to incorporate its economy into the global economy as a supplier of natural and, partly, agricultural resources, thus dooming manufacturing to stagnation at best. The authors reveal that activation of industrial politics, established on a fundamental power-of-the-state approach in the investment process, based on long-term strategic interests and the potential of market forces (namely, efficiency use of resources) allows launching large-scale investment projects to provide favorable conditions for creating an innovative national economy.

scholarly journals The financing of envisaged capital investments in South Africa

2014 ◽  
Vol 11 (2) ◽  
pp. 583-590
Author(s):  
E. Conradie ◽  
Frederik J. Mostert ◽  
Jan Hendrik Mostert
Keyword(s):  
South Africa ◽  
Capital Structure ◽  
Capital Investment ◽  
Secondary Data ◽  
Capital Investments ◽  
Literature Study ◽  
Investment Projects ◽  
Starting Point ◽  
Specific Factors ◽  
Investment Process

The envisaging of capital investments is of prime importance for the economic growth and business development of a country, as it represents the starting point of the entire capital investment process. This paper focuses on the financing of envisaged capital investments and addresses amongst others the various sources of financing and the finance cost thereof, the related capital structure theories, as well as the determinants of the capital structure of an enterprise, which comprise of the economic and firm-specific factors. The objective of this research paper embodies the improvement of the financing decision-making when enterprises are envisaging capital investments. A literature study provided the secondary data and formed the basis of this research. To achieve the research objective, an opinion survey was done to obtain the perceptions of the business leaders in South Africa regarding the importance of the economic and firm-specific factors for the financing of envisaged capital investments, the associated problem areas as perceived by the firms, as well as the frequency of envisaging various types of capital investment projects by the respondents

scholarly journals Global economy interacts with climate change to jeopardize species conservation: the case of the greater flamingo in the Mediterranean and West Africa

2011 ◽  
Vol 39 (1) ◽  
pp. 1-3 ◽  
Author(s):  
ARNAUD BÉCHET ◽  
MANUEL RENDÓN-MARTOS ◽  
MIGUEL ÁNGEL RENDÓN ◽  
JUAN AGUILAR AMAT ◽  
ALAN R. JOHNSON ◽  
...  
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
World Economy ◽  
Species Conservation ◽  
Price Volatility ◽  
Economic Activities ◽  
Anthropogenic Habitats ◽  
Recent Financial Crisis ◽  
Economic Use

The conservation of many species depends on sustainable economic activities that shape their habitats. The economic use of these anthropogenic habitats may change quickly owing to world trade globalization, market reorientations, price volatility or shifts in subsidy policies. The recent financial crisis has produced a global impact on the world economy. How this may have affected the use of habitats beneficial to biodiversity has not yet been documented. However, consequences could be particularly acute for species sensitive to climate change, jeopardizing long-term conservation efforts.

scholarly journals Formation of institutional model of project financing in Ukraine

2021 ◽  
pp. 155-161
Author(s):  
M.I Zvieriakov ◽  
D.V Zavadska
Keyword(s):  
Large Scale ◽  
Institutional Environment ◽  
Financial Resources ◽  
Innovative Development ◽  
Project Financing ◽  
Normative Documents ◽  
Investment Projects ◽  
Financing Mechanism ◽  
And Performance

Purpose. Substantiation of the formation of the mechanism of project financing for solving issues of financial maintenance of infrastructural projects of innovative development in Ukraine. Methodology. The information base of the research is legislative and normative documents and results of scientific achievements of leading foreign and domestic scientists. The following methods, such as analysis and synthesis; comparison and systematization; observation; graphic, tabular; logical generalization are used. Findings. According to the results of the research, it is proved that to ensure sustainable economic growth and diversification of Ukraines economy, the importance of institutions for development and use of such a multi-instrumental form of reproduction of real investments as project financing, becomes actual. Based on the system approach, the features, elemental composition and subsystems of the project financing mechanism are determined. It is established that the current legislative basis for the formation of the project financing mechanism in Ukraine is fragmentary and needs further development. It is proved that the implementation of measures of state stimulation of the processes of financing the innovative development of Ukraines economy will be facilitated by the adoption of the Laws of Ukraine On The Bank of Development, On Syndicated Loan and the proposals for the formation of project financing developed in the research. Originality. For the first time, a comprehensive theoretical approach to the formation of the project financing mechanism in Ukraine has been implemented. The need is substantiated for highlighting such subsystems of the mechanism as providing subsystem (institutional environment of which is legislative support and regulatory bodies), transforming subsystem (financial instruments and participants of which are the Bank of Development, international financial organizations, banks, institutional investors, development institutions, project sponsors) and performance subsystem (financial resources in the required amounts, currencies and terms). The effective operation of the proposed mechanism helps to overcome the shortage of long-term financial resources needed for lending support of innovative enterprises that implement large-scale and capital-intensive investment projects and programs of national importance. Practical value. Introduction of the mechanism of implementation of the program for supporting the project financing development will allow accumulating considerable amounts of financial resources from various sources on a long-term target basis; increasing the level of investment and the number of innovative projects; reducing the total cost of funding and risks through their redistribution among participants of the project.

scholarly journals Methodology for Determining the Factors that Affect the Current State of Implementation of Investment Strategies in Public Administration

2019 ◽  
Vol 8 (6) ◽  
pp. 4484-4487
Keyword(s):  
Public Administration ◽  
Investment Project ◽  
Business Plan ◽  
State Regulation ◽  
Investment Strategies ◽  
Capital Investments ◽  
Business Plans ◽  
Investment Projects ◽  
Project Monitoring ◽  
Investment Process

The main feature of the modern state investment policy is the creation of conditions for extending extra-budgetary sources of financing of capital investments and attraction of investments of own and foreign investors in the economy of the country based on the further improvement of the regulatory framework and state support of productive investment projects. State regulation of the investment process is carried out to implement economic, scientific and social policies. The constructed classification can be used by the heads of public administration institutes in developing business plans for investment projects, creating a model for managing an investment project, monitoring the implementation of a business plan for an investment project, developing regulatory management decisions aimed at adjusting the business plan and actions of executors of the investment project.

scholarly journals Risk analysis and evaluation of capital investment projects

2001 ◽  
Vol 4 (2) ◽  
pp. 398-411 ◽  
Author(s):  
J. H. Hall
Keyword(s):  
Risk Analysis ◽  
South African ◽  
Capital Investment ◽  
Cash Flows ◽  
Capital Investments ◽  
Investment Projects ◽  
Analysis And Evaluation ◽  
Subjective Estimates ◽  
The Empirical Analysis ◽  
Risk Concept

In determining the feasibility of projects where capital investments are concerned, various methods are used. The focus of these methods is on return per se, so it is often asked to what extent any of these methods take the risk concept into account. The main objective of this study was to investigate the importance of risk with regard to capital investment projects. Secondly, with the aid of an empirical study, the study tried to establish whether risk is incorporated when South African companies evaluate capital investment projects. The empirical analysis indicated that risk analysis and evaluation in practice are to a large extent neglected by South African companies. It was found that nearly a quarter of companies estimate their annual cash flows using management subjective estimates alone.

scholarly journals The geographical prerequisites for the identification and prevention of dangerous geomorphological processes in the mountain geosystems of the Alpine-Himalayan belt (on the example of the Major Caucasus of Azerbaijan)

2020 ◽  
Vol 29 (1) ◽  
pp. 176-187
Author(s):  
Stara A. Tarikhazer
Keyword(s):  
Large Scale ◽  
Natural Phenomena ◽  
Mountainous Areas ◽  
Economic Activities ◽  
Natural Processes ◽  
Himalayan Belt ◽  
Himalayan Orogenic Belt ◽  
Geomorphological Processes ◽  
The Stability

Destructive natural phenomena are a serious, sometimes unsolvable, regional and local environmental and socioeconomic problem. This paper presents the results of a comprehensive analysis of materials from long-term geomorphological studies in the mountainous areas on the example of the Major Caucasus of Azerbaijan. The dangerous geomorphological processes on the example of the Major Caucasus of Azerbaijan were investigated in detail using large-scale maps, satellite imagery and aerial photography. Geomorphological maps were drawn (map of mudflow hazard and map of landslide hazard in the Azerbaijani part of the Major Caucasus). The research determined the dangerous zones where landslides could cover 65–70% of the total area and outlined the zones and regularities of spread of various types of mudflow origination sites. The analysis of the manifestations of most active (with catastrophic consequences) destructive natural processes and the morphotectonic structure of the studied area showed that the their occurrence and maximum intensity was confined to the weakest plexuses of mountains – intersections of faults and fractures of various directions and orders. A technique for assessing the eco-geomorphological risk to prevent dangerous natural phenomena was offered. The technique is based on the detection of zones with intensive geomorphological processes, which are often not dangerous separately, but could have catastrophic consequences together. The results obtained during the assessment of the effect of natural and man-caused factors on the stability of montane ecosystems may be used to forecast dangerous natural phenomena and to research geodynamical dangerous geomorphological process not only in Azerbaijan, but also in other regions of the Alpine-Himalayan orogenic belt. The obtained results can be used to plan and perform economic activities, determine and minimize the hazards and risks of occurrence of dangerous natural phenomena, and forecast such phenomena in the future.

scholarly journals INVESTMENT CONTROLLING AS AN INDICATOR OF STABILIZATION OF THE SYSTEM OF ANTI-CRISIS POLICY OF THE ENTERPRISE AND UKRAINE AS A WHOLE

2020 ◽  
Author(s):  
Anna Pazushchan ◽  
◽  
Vira Cherkas ◽  
Keyword(s):  
Economic Activity ◽  
Structural Changes ◽  
Policy Research ◽  
Economic Transformation ◽  
Economic Thought ◽  
Main Task ◽  
Successful Operation ◽  
Investment Projects ◽  
Investment Process ◽  
The Impact

This article is about the implementation of investment controlling as a system of the anti-crisis policy of the enterprise. The article indicates the impact and place of investment for the successful operation of the entity. Enterprises of countries that have lost the opportunity to obtain financial resources from centralized sources have entered the vast expanses of a market economy, not knowing how to live in these conditions. The only rule that all managers have learned at once is the need for money. When you have money, you can invest in fixed assets or working capital. But if the products have a sufficient market, you can have a decent standard of living, even in an unstable economy. But where to find the money? By definition, investors have money, but most of it is abroad, where financiers play by their own rules. They are ready to invest only in those projects that will bring them the most benefit. Investment policy research has always been the focus of economic thought. It is because investments affect the deepest foundations of economic activity, determine the process of economic growth as a whole. Nowadays, they are the most important means of providing conditions for overcoming the economic crisis, structural changes in the national economy, the growth of technical progress, improving the quality of economic activity at the micro and macro levels. Activation of the investment process is one of the most reliable mechanisms of socio-economic transformation. The introduction of a concept as «controlling» in the system of enterprises, namely investment controlling, will lead to the launch of the investment process at the enterprise. Investment controlling includes a system of monitoring, evaluation, and control of investment projects to develop management decisions that best achieve the goals. The main task of investment control is to achieve the objectives of the enterprise in the field of investment activities. The introduction of an investment controlling system at the enterprise allows us to significantly increase the efficiency of the entire process of managing the investment activities of the business entity as a whole and in full.

scholarly journals Factors of the fintech market development in the global economy (the case of the alternative lending)

2021 ◽  
Vol 20 (1) ◽  
pp. 108-127
Author(s):  
Sergey A. Barykin ◽  
◽  
Andrei L. Bulgakov ◽  
◽  
Keyword(s):  
Venture Capital ◽  
Global Economy ◽  
Business Models ◽  
Econometric Model ◽  
Capital Investments ◽  
Economic Activities ◽  
Digital Platforms ◽  
The World ◽  
The Impact ◽  
Venture Capital Investments

Alternative lending is one of the largest segments of the financial technology market in the world which is represented by online platforms specializing in organizing the lending process. The purpose of the article is to assess the impact of key factors on the dynamics of venture capital investments in alternative lending platforms. The objectives of this study are to define the concept of alternative lending, build an econometric model to analyze the factors of development of alternative lending in the world, and interpret the results from the point of view of the prospects for the development of alternative lending. Alternative lending has been defined as a segment of the fintech market that can be characterized as parallel financing of economic activities based on digital platforms through the provision of syndicated loans after decentralized business models. To test the hypotheses of the study, an econometric model was built on the analysis of 5,234 investment transactions completed in the period from 2013 to 2019 in 35 countries of the world and included in the CrunchBase database. According to the model, such factors as the availability of venture capital, the number of workforce, the digital competitiveness of the economy (the factor of future readiness), and the availability of credit information have a significant impact on the dynamics of direct and venture capital investments in alternative lending companies. The obtained results can be considered when improving the national strategy for regulating the alternative lending market, which is especially important for Russia, where the segment of alternative lending is at the stage of stagnation.

Negotiating Uncertainty in Late-Socialist Vietnam: Households and livelihood options in the marketizing countryside

2019 ◽  
Vol 53 (06) ◽  
pp. 1701-1735 ◽  
Author(s):  
LAM MINH CHAU
Keyword(s):  
Large Scale ◽  
Personal Responsibility ◽  
Economic Transformation ◽  
Market Transition ◽  
Small Scale ◽  
Subsistence Farming ◽  
Doi Moi ◽  
Livelihood Options ◽  
The Face

AbstractThis article makes a case for Vietnam as a distinctive example of late- and post-socialist marketization, a painful experience that has brought widespread immiseration to rural societies within and beyond Asia. Building on extensive ethnographic fieldwork in a northern Vietnamese village, I explore a hitherto under-researched aspect of Vietnam's massive social and economic transformation in the 30 years since the onset of market transition or Renovation (Đổi mới): the surprising ways in which rural households have negotiated both the risks and opportunities of the state's push to de-cooperativize and marketize village livelihoods. The state expects that a minority of rich farmers will rapidly move into large-scale, mechanized farming, while the majority will abandon small-scale subsistence farming to specialize in trade or participate in industrial waged employment. Surprisingly, all village households insist on being đa gi năng, that is, on retaining multiple livelihood options instead of following the official modernization scripts. Their refusal to follow state plans is not market-averse ‘resistance’, but something rarely documented in the literature on peasant life in marketizing contexts: a local sense of agency and taking personal responsibility for the security and long-term welfare of their families, in the face of highly unpredictable state policies.

scholarly journals FORMATION OF MEHTODOLOGICAL PRINCIPLES FOR ASSESSING ECONOMIC EFFICIENCY OF INVESTMENT PROJECTS FOR CREATION AND DEVELOPMENT OF SEAPORTS AND TERMINALS

2019 ◽  
pp. 125-132
Author(s):  
Marina Vladislavovna Sabaydash
Keyword(s):  
Capital Investment ◽  
Economic Effect ◽  
Capital Investments ◽  
Complex Composition ◽  
Sea Transport ◽  
Investment Projects ◽  
Technological Processes ◽  
Comparative Efficiency ◽  
Modern Computer ◽  
Technical And Economic Indicators

The article presents the methods for evaluating the effectiveness of investment projects developed by foreign, Soviet and later Russian scientists that made it possible to formulate principles for evaluating the effectiveness of projects of creating and developing seaports and terminals. The basic economic law of socialism in 1952 has been analyzed, according to which the development of the command economy was exhausted by planned extensive and intensive economic growth in the absence of inflation and risks. There has been studied the typical methodology for determining the effectiveness of capital investments and new equipment developed in 1960 and proposing to use two groups of indicators: general and comparative efficiency. It has been stated that the main drawback of this and later methods is to reject the indicator of absolute economic effect. There are given formulas for calculating the payback period and the effect of increasing operation of sea transport due to capital investments. There has been defined the principle of alternativeness based on accounting for the opportunity costs of neoclassical economics. Modern computer technologies make it possible to accurately simulate the technological processes of the port terminal and, using the results, to calculate the technical and economic indicators of their activities. The principle of alternativeness consists in considering all possible options for organizing technological processes at the terminal and choosing the option with best values of performance. The principle of alternativeness should be used to assess the effectiveness of the project as a whole and to evaluate the effectiveness of each participant. Projects of building and development of seaports and terminals are characterized by a complex composition of participants; they always impact the state interests and are a form of public-private partnership. The main infrastructure of seaports and land plots are in federal ownership. The implementation of the principle of alternativeness becomes possible when using the capital investment budget method.

Sign in / Sign up

Export Citation Format

Share Document