scholarly journals European Experience in Adapting Social and Economic Development to Crisis Situation: Programs and Financial Instruments

2021 ◽  
Vol 3 (49) ◽  
pp. 22-34
Author(s):  
V. O. Kornіvska ◽  

The paper presents analysis of European counter-crisis response programs: investment initiatives in response to the coronavirus; REACT-EU package of measures; a long-term recovery program (budget for 2021-2027) and Next Generation EU; and a banking package of measures titled “Supporting businesses and households amid COVID-19”. The sources of financial instruments for the recovery and adaptation of EU member states to the transcrisis state are described, and the most effective mechanisms for supporting entrepreneurship in the COVID-19 crisis are shown. The example of Slovakia and Poland is used to demonstrate the European experience in organizing the credit process, providing guarantees, intensifying social entrepreneurship in the face of the ongoing epidemic shock. The European investment trends and the participation of financial intermediaries in the post-crisis recovery are determined and used as a basis to characterize nationalization of the European long-term investment process. The special role of the state and the formation of state funds in the process of ensuring the effective adaptation of the Ukrainian financial and institutional environment to new challenges is substantiated; the importance of developing long-term programs for adapting the Ukrainian economy and society to the challenges of sanitary, humanitarian, climatic and political and economic nature, as well as forming appropriate institutions is shown. It is concluded that, given the peculiarities of the operational behavior of Ukrainian banking institutions, which are now focused on operations with government securities and commission activities, the adaptation investment process should be provided by public financial institutions.

2021 ◽  
Vol 3 (4) ◽  
pp. 104-111
Author(s):  
Svetlana Demidenko ◽  
Evgeny Semenov

The discussion revealed the main positions of researchers on the lines of “state – market” and “national – global”. The dominant point of view is the recognition of the irreplaceability of the market and, above all, the demand for science and innovation on the part of the hightech industry, as well as the recognition of the special role of the state in the development of the institutional environment and the fear of bureaucratization. For all the tempting idea of connecting the country to the global innovation mechanism, the formation of an effective national innovation system (ecosystem) is recognized as more realistic under current conditions. In this regard, the development of human capital and the institutional environment, as well as the digital transformation of the main spheres of the life of society, including the scientific, technological and innovation spheres, are of particular importance. Deep integration of science into the national innovation system is required, which implies the participation of science in the innovation process at all its stages and the connection of science with all types of innovations from technological to organizational.


2013 ◽  
pp. 143-155
Author(s):  
A. Klepach ◽  
G. Kuranov

The role of the prominent Soviet economist, academician A. Anchishkin (1933—1987), whose 80th birth anniversary we celebrate this year, in the development of ideas and formation of economic forecasting in the country at the time when the directive planning acted as a leading tool of economic management is explored in the article. Besides, Anchishkin’s special role is noted in developing a comprehensive program of scientific and technical progress, an information basis for working out long-term forecasts of the country’s development, moreover, his contribution to the creation of long-term forecasting methodology and improvement of the statistical basis for economic analysis and economic planning. The authors show that social and economic forecasting in the period after 1991, which has undertaken a number of functions of economic planning, has largely relied on further development of Anchishkin’s ideas, at the same time responding to new challenges for the Russian economy development during its entry into the world economic system.


2021 ◽  
Vol 10 (3) ◽  
pp. 154
Author(s):  
Robert Jeansoulin

Providing long-term data about the evolution of railway networks in Europe may help us understand how European Union (EU) member states behave in the long-term, and how they can comply with present EU recommendations. This paper proposes a methodology for collecting data about railway stations, at the maximal extent of the French railway network, a century ago.The expected outcome is a geocoded dataset of French railway stations (gares), which: (a) links gares to each other, (b) links gares with French communes, the basic administrative level for statistical information. Present stations are well documented in public data, but thousands of past stations are sparsely recorded, not geocoded, and often ignored, except in volunteer geographic information (VGI), either collaboratively through Wikipedia or individually. VGI is very valuable in keeping track of that heritage, and remote sensing, including aerial photography is often the last chance to obtain precise locations. The approach is a series of steps: (1) meta-analysis of the public datasets, (2) three-steps fusion: measure-decision-combination, between public datasets, (3) computer-assisted geocoding for ‘gares’ where fusion fails, (4) integration of additional gares gathered from VGI, (5) automated quality control, indicating where quality is questionable. These five families of methods, form a comprehensive computer-assisted reconstruction process (CARP), which constitutes the core of this paper. The outcome is a reliable dataset—in geojson format under open license—encompassing (by January 2021) more than 10,700 items linked to about 7500 of the 35,500 communes of France: that is 60% more than recorded before. This work demonstrates: (a) it is possible to reconstruct transport data from the past, at a national scale; (b) the value of remote sensing and of VGI is considerable in completing public sources from an historical perspective; (c) data quality can be monitored all along the process and (d) the geocoded outcome is ready for a large variety of further studies with statistical data (demography, density, space coverage, CO2 simulation, environmental policies, etc.).


Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 18 ◽  
Author(s):  
Daniel Němec ◽  
Eva Kotlánová ◽  
Igor Kotlán ◽  
Zuzana Machová

While assessing the economic impacts of corruption, the corruption-related transmission channels which influence taxation as such have to be duly considered. Taking the example of the Czech Republic, this article aims to evaluate the impacts corruption has on the size of the shadow economy as well as on the individual sources of long-term economic growth, making use of a transmission channel through which corruption affects the tax burden components. Using the method of an extended DSGE model, it confirms the initial assumption that an increase in perceived corruption supports the shadow economy’s growth, but at the same time, it demonstrates that corruption and especially its perception has a significantly different effect on two key areas—the capital accumulation and the labour force size. It further identifies another sector of the economy representing taxes which are prone to tax evasion while asserting that corruption has a much more destructive effect on this sector of the economy, offering generalized implications for other post-communist EU member states in a similar situation.


1983 ◽  
Vol 46 (12) ◽  
pp. 356-359 ◽  
Author(s):  
Jenny Bodenham

This article deals with the resettlement of long-term mentally handicapped patients into independent living in wardened accommodation at Priory Court. The emphasis has been on ‘survival‘ and every person thought suitable for the project was given the opportunity to expand his concept of living and be discharged from a long-stay institutional environment. Motivation was the key factor, and staff and patients learnt much from the opportunity. The author gives an outline of the course taken and discusses some of the difficulties and triumphs. It was 3 years ago that long-stay institutional patients were discharged to the freedom of choosing a fuller way of life and from a distance the training team are able to see that these people are succeeding.


2020 ◽  
Vol 13 (10) ◽  
pp. 235
Author(s):  
Otilia Manta ◽  
Kostas Gouliamos ◽  
Jie Kong ◽  
Zhou Li ◽  
Nguyen Minh Ha ◽  
...  

At the global level and in particular the European level, challenges related to climate change and the transition to green transactions have created an imperative where identifying or developing innovative financial instruments, appropriate for these priorities, have become our research priorities and objectives. Starting from the analysis of the European Investment Plan for green transactions, as well as the EU Directive 2018/410 of the European Parliament and of the Council, in conjunction with ongoing efforts to identify innovative financing tools, research is presented based on hypotheses using concepts and models of green financing. The paper aims to analyze the main concepts and phenomena that could be considered generative factors for current financial market trends, as well as the inventory of facts and acts that provide a picture of the financial market. Based on these investigations, this paper suggest how we can best analyze the economic environment, processes, and resources in terms of their predictions regarding the sustainability of financial markets in the context of current challenges. Moreover, our paper aims to highlight in our empirical research the above-mentioned aspects, including the analysis of the emergence of new financial instruments at the global level with a direct impact on financial sustainability at the European level, including reflecting certain particularities of financial markets Romania. This research will be both a scientific contribution to the specialized literature and a possible support tool for the practical activities of entrepreneurs in their economic endeavor of developing sustainable businesses.


2019 ◽  
Vol 5 (1) ◽  
pp. 186-201
Author(s):  
Lalli Metsola

Th is article examines Namibian ex-combatant and veteran politics in the context of African claims and struggles over citizenship. Namibian veteran politics has unfolded as long-term negotiation between claimants and political authorities over recognition, realization of citizenship, and legitimacy. This process has operated through repeated claims and responses, material techniques such as employment and compensation, and changing delimitations of the categories of ex-combatant and veteran. Compared with citizenship struggles elsewhere in Africa, particularly the much-discussed surge of autochthony and ethnonationalism, this article discusses how the institutional environment and the particular histories of those involved have influenced modes of claim-making and logics of inclusion and exclusion. It finds that the citizenship politics of Namibian veterans are not based on explicit “cultural” markers of difference but still do construct significant differentiation through a scale of patriotism based on precedence in “liberation.”


2020 ◽  
Vol 2 (2) ◽  
pp. 84-89
Author(s):  
Veronika Nugraheni Sri Lestari ◽  
Dwi Cahyono ◽  
Nila Romatal Azah ◽  
Devy Mei Ariyanti

Capital markets are often interpreted as a market for a long-term financial instrument (securities) (its maturity is more than 1 year). In addition to that understanding, the capital market is also often associated as a place for the transaction of the party that needs funds (the company) and the Excess party (financier). The initial step of Sharia capital market developments in Indonesia began with the issuance of sharia funds on 25 June 1997 followed by the issuance of sharia bonds at the end of 2002, followed by the presence of the Jakarta Islamic Index (JII) in July 2000. The marketable securities traded on the stock exchange include stocks, bonds and mutual funds. Marketable securities are often referred to as ' financial instruments ' or ' securities ' or ' Sekuritas ' (Securities Act No. 8 year 1995 defines the capital market as "the activities concerned with public offerings and securities trading, public companies relating to securities, published, as well as institutions and professions relating to the securities". The capital market acts as a liaison between investors and companies or government institutions through the long-term trading of financial instruments. In an effort to support the realization of the Indonesian capital market to become a resilient and global economic driver of the national economy as stated in the Indonesian capital market blueprint, it needs to be done continuously to improve and expand the capital market infrastructure towards the better direction.


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