Analysis of trends in bank financing of Ukraine’s economy in 2021

2021 ◽  
Vol 2021 (9) ◽  
pp. 36-51
Author(s):  
Anatolii DROBIAZKO ◽  
◽  
Oleksandr LYUBICH ◽  
Olena KAMINSKA ◽  
Keyword(s):  
Bank Lending ◽  
Mortgage Lending ◽  
The State ◽  
Significant Activity ◽  
Regulatory Requirements ◽  
Stage Of Development ◽  
Role Of The State ◽  
The Government ◽  
Resource Support

The article considers the development trends of the main banking markets of active operations for the eight months of 2021. The analysis of market trends has showed that despite significant efforts of the Government to intensify lending under the programs "Affordable Loans 5-7-9%" and "Mortgage Lending", the dynamics of growth of banks' loan portfolios can notmeet expectations. The banking regulator has adopted new legal and regulatory requirements that significantly cool the banking business in conducting new lending operations. Banks with state participation in capital dominate the volume of credit operations. There is a tendency to reduce the volume of negatively classified assets in banks with the participation of the state in capital. The downward trend in negatively classified assets provides prospects for attracting foreign capital to the balance sheets of these banks. In general, the global trend of enhancing the role of the state in solving problems during the crisis has manifested itself in the economic processes of Ukraine. Trends regarding the increase of the role of the state in the financial sector during the economic crisis in modern literature is called the "new Keynesianism". In the banking sector of Ukraine there is a situation when banks have a reserve of liquidity to expand lending. But the regulatory requirements for financial monitoring of banking operations and reserve requirements for active operations of banks have become stiffer in terms of resource support for the economy.In addition, the strengthening of legal requirements for personal criminal liability of bank management is a brake on resource support of the economy. Fiscal housing at this stage of development of the financial system of Ukraine is manifested in the significant activity of banks in the government securities market. It is not worth expecting significant economic support due to the increase in bank lending without changes in regulatory policy in the crisis of 2021.

scholarly journals PERANAN NEGARA DAN HUKUM DALAM MEMBERANTAS KEMISKINAN DENGAN MEWUJUDKAN KESEJAHTERAAN UMUM

2010 ◽  
Vol 40 (3) ◽  
pp. 390
Author(s):  
Yohanes Suhardin
Keyword(s):  
Social Justice ◽  
The State ◽  
Public Welfare ◽  
The Public ◽  
Role Of The State ◽  
Strategic Role ◽  
The Creation ◽  
The Government ◽  
Legal Product

AbstrakThe role of the state in combating poverty is very strategic. Combatingpoverty means to free citizens who are poor. The strategic role given thenational ideals (read: state) is the creation of public welfare. Therefore,countries in this regard the government as the organizer of the state musthold fast to the national ideals through legal product that is loaded withsocial justice values in order to realize common prosperity. Therefore, thenature of the law is justice, then in the context of the state, the lawestablished for the creation of social justice. Law believed that social justiceas the path to the public welfare so that the Indonesian people in a relativelyshort time to eradicate poverty.

scholarly journals Ideology and Pragmatism: Discourse Factors in Infrastructure Development in Indonesia’s Jokowi-JK Era

2019 ◽  
Vol 4 (2) ◽  
pp. 297
Author(s):  
Fredick Broven Ekayanta
Keyword(s):  
The State ◽  
Infrastructure Development ◽  
Economic Policies ◽  
Development Discourse ◽  
Dominant Discourse ◽  
Ernesto Laclau ◽  
Role Of The State ◽  
The Reformation ◽  
The Government

The discussion about development discourse in a country talking about how an idea affect economic policies. In Indonesia, the development discourse continues to change depending on the ruling regime. After the reformation, the dominant discourse is a neoliberal one that minimizes the role of the state in development. During the reign of Jokowi-JK, however, the role of the state strengthened. The government plans to build a massive infrastructure of the physical economy. The government legitimized its choice of action as the implementation of the Pancasila and Trisakti ideologies. Using the theories of Ernesto Laclau and Chantal Mouffe, this article argues that the state legitimizes its policies as implementing ideology by building infrastructure development discourse, but covers only pragmatic practices that occur. The practices themselves are pragmatic because the government ignored the fate and rights of citizens affected by infrastructure development.

scholarly journals Negotiating Positive Non-interventionism: Regulating Hong Kong's Finance Companies, 1976–1986

2017 ◽  
Vol 230 ◽  
pp. 348-370 ◽  
Author(s):  
Catherine R. Schenk
Keyword(s):  
The State ◽  
Financial Centre ◽  
Role Of The State ◽  
Banking Structure ◽  
The Government ◽  
The Stability ◽  
New Evidence ◽  
The Relationship ◽  
Distinctive Role

AbstractSince colonial times to the present day, Hong Kong's position as a global financial centre is one of the enduring economic strengths of the territory. This success is often attributed to the distinctive role of the state, coined in the 1970s by the-then financial secretary, Sir Philip Haddon-Cave, as “positive non-interventionism.” The relationship between the market and the state has also been characterized as a form of corporatism, particularly in the financial sector as bankers were able to influence policy. However, closer examination of the behind-the-scenes relations between bankers and the state reveals a much more complex relationship, with the banks seeking protection that the government was not willing to provide. Moreover, the reluctance to regulate financial markets resulted in piecemeal interventions and weak implementation that undermined the stability of this sector and of the economy as a whole. This paper demonstrates the confusion over the concept and practicalities of positive non-interventionism, even for Haddon-Cave, and how the concept evolved towards a policy of “when in doubt, do nothing” during a period of financial instability. Along the way, the paper presents new evidence about the origins of Hong Kong's current banking structure.

scholarly journals UNIVERSITY EDUCATION IN THE FRENCH REPUBLIC: STRUCTURE AND LEGAL FRAMEWORK

2019 ◽  
pp. 57-65
Author(s):  
Alla Durdas
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
National Development ◽  
The State ◽  
Educational Process ◽  
University Education ◽  
Stage Of Development ◽  
Role Of The State ◽  
Legislative Framework

The article deals with the complex and multistage system of higher education of the French Republic. The structural features of higher education in France, its complex and multi-stage system has been considered. Attention is drawn to the role of the state in the field of higher education in France. The importance of the development of education for the national development of the country and civilization as a whole has been stressed. A strong centralized presence and role of the state in the field of education in France has been noted, in particular in the organization of the educational process and in financing the education sector, as well as in determining the fundamental principles of the educational process, the details of the curriculum at all levels of education, the organization of the procedure for receiving teachers, determining the content, recruitment teachers who become public officers, ensuring their continuing education; recruiting and training inspectors responsible for quality control of the education system; funding public education and subsidizing “private schools under contract”. The article focuses on the constant attention of the state to the problems of education. It highlights the openness of the French system of higher education and its accessibility for most of the population. The features of France’s higher education management system and the specifics of its legislative framework have been disclosed. Four Legislative Acts of the Ministry of Education are characterized, played an important role in its functioning. A more democratic and collegial management of universities for today has been noted. The relevance of the study of the structure and legislative framework of university education in France has been grounded. The types of higher education institutions in France and their features in the context of development trends have been investigated. The current stage of development of the system of French university education and the features of structural transformations have been considered. The features of the functioning of universities, “grand schools” and private higher education institutions have been disclosed. The article draws attention to the achievement of the French system of higher education and its uniqueness. The role and place of large schools in the system of higher education in France have been highlighted. Leading elite schools and universities have been mentioned, as well as the conditions for entering them. Attention was paid to the almost equal quality of education in the capital and in the province.

scholarly journals Moments of Rupture. Changing the State Project for Teachers: a Regulation Approach Study in Education Industrial Relations

2021 ◽  
Author(s):  
◽  
Patricia Gay Simpkin
Keyword(s):  
Secondary School ◽  
Industrial Relations ◽  
Early Response ◽  
The State ◽  
National State ◽  
State Sector ◽  
Role Of The State ◽  
The Government ◽  
Professional Project

<p>The purpose of this thesis is to examine the response of secondary school teachers to the Tomorrow's Schools education reforms. Their early response was made largely through their union, the Post Primary Teachers' Association (PPTA), in an industrial relations setting as the reform proposals were in development and taking their final shape. The interaction between the professional project of these teachers with the proposed reforms produced an outcome for secondary school education shaped by the interaction, rather than just by the reforms themselves. A case study situated at the intersection of industrial relations, state sector and education restructurings during the period 1984-1989 is the focus of the thesis. The argument is located within French regulationalist theory. The concept of the Keynesian Welfare National State provides a means for connecting education as part of the mode of regulation with the role of the state in New Zealand. The Fourth Labour Government entered into a political project that shifted the role of the state in the economy and society. The roots of the project lay in the discourse of economic rationalism. Policy resulting from this discourse was put into operation through legislation affecting all parts of the state. In education, the discourse of economic rationalism introduced a new approach, the values of which were at odds with those of the previous education settlement of the Keynesian Welfare National State. The object of the thesis is to trace the process of change within the secondary schools sector of education through the years 1984-1989 as the two different sets of values interacted. The assumption is made that institutional change results from a dynamic interaction between new ideas and continuities and discontinuities with the past. This allows for the possibility of the effects of agency on public policy. Analysis focuses on a series of industrial negotiations between the PPTA and the State Services Commission, the negotiating body for government. They took place as various government policy documents and resulting legislation altered the positioning of teachers within the state. The negotiations were of such a character that the educational discourses of economic rationalism and the education settlement of the Keynesian Welfare National State came into conflict and were debated at length. The thesis concludes that, by the end of the negotiations and despite the introduction of legislation on education, the values of secondary teachers remained substantially unchanged and in opposition to the intent of the government reforms.</p>

scholarly journals Comments to the article “The political role of the State in Cambridge theories of growth and distribution”

2021 ◽  
Vol 41 (1) ◽  
pp. 207-214
Author(s):  
JOÃO GABRIEL DE ARAUJO OLIVEIRA ◽  
RENATO NOZAKI SUGAHARA ◽  
JOANILIO RODOLPHO TEIXEIRA
Keyword(s):  
Income Distribution ◽  
Dynamic Equilibrium ◽  
The State ◽  
The Political ◽  
Political Role ◽  
Essential Nature ◽  
Role Of The State ◽  
The Government ◽  
The Stability

ABSTRACT This comment came to refute and correct the idea of Charles (2007) about the negatively implications in the income distribution when the government expand the consumption in favour to households. We prove that the political choice, to both cases (increasing consumption or increasing profit), impact positively the income distribution and does not affect the essential nature of the Kaldor neo-Pasinetti dynamic equilibrium results and the “Cambridge Equation”. The stability of the model is guarantee by applying the Olech’s Theorem to the case.

scholarly journals Why Do Ethnic Groups Rebel? New Data and Analysis

2009 ◽  
Vol 62 (1) ◽  
pp. 87-119 ◽  
Author(s):  
Lars-Erik Cederman ◽  
Andreas Wimmer ◽  
Brian Min
Keyword(s):  
Ethnic Groups ◽  
Civil Wars ◽  
Political Competition ◽  
State Power ◽  
The State ◽  
Central State ◽  
Data Set ◽  
Role Of The State ◽  
The Government

Much of the quantitative literature on civil wars and ethnic conflict ignores the role of the state or treats it as a mere arena for political competition among ethnic groups. Other studies analyze how the state grants or withholds minority rights and faces ethnic protest and rebellion accordingly, while largely overlooking the ethnic power configurations at the state's center. Drawing on a new data set on Ethnic Power Relations (EPR) that identifies all politically relevant ethnic groups and their access to central state power around the world from 1946 through 2005, the authors analyze outbreaks of armed conflict as the result of competing ethnonationalist claims to state power. The findings indicate that representatives of ethnic groups are more likely to initiate conflict with the government (1) the more excluded from state power they are, especially if they have recently lost power, (2) the higher their mobilizational capacity, and (3) the more they have experienced conflict in the past.

Guerrillas and the State: The Role of the State in the Colombian Peace Process

1996 ◽  
Vol 28 (2) ◽  
pp. 279-297 ◽  
Author(s):  
Lawrence Boudon
Keyword(s):  
Peace Process ◽  
The State ◽  
Tax Reforms ◽  
Social Reforms ◽  
Remote Areas ◽  
Rebel Groups ◽  
Role Of The State ◽  
The Government

AbstractThis article examines the Colombian peace process since 1982, arguing that the government must strengthen the state and expand its presence into the remote areas in which the leftist guerrillas have established para-statal organisations. The traditionally weak Colombian state has allowed rebel groups to flourish in isolated areas. However, President Ernesto Samper has announced a new initiative that features an ambitious plan to strengthen the state. The plan includes judicial and social reforms that address many of the guerrilla demands, but also threaten to undermine their para-statal organisations. Massive oil discoveries and tax reforms could provide the necessary funding.

scholarly journals INSTITUTIONAL PROBLEMS OF FINANCIAL CAPITAL MOBILIZATION IN MODERN RUSSIAN ECONOMY

2015 ◽  
Vol 2 ◽  
pp. 65-74
Author(s):  
Igor Barhatov ◽  
Ekaterina Biruykova ◽  
Igor Afanasev
Keyword(s):  
Bank Lending ◽  
The State ◽  
Bank Loans ◽  
Financial Capital ◽  
Investment Risk ◽  
Russian Economy ◽  
Role Of The State ◽  
High Volatility ◽  
New Algorithms

This article views the mechanism and modern forms of financial capital mobilization in risky and uncertain conditions of the economic environment. From the perspective of the institutional approach, there is a group of problems typical for two different financial capital mobilization models: the bank loans market and the stock market. It reveals some contradictions of capital mobilization mechanism through bank lending by a critical assessment of subjective and purely subject-object relations; the major participant currently is the State. The features of the process of investing in a portfolio of securities in the current environment of high volatility of systematic and specific nature are defined, which ultimately determine the need to revise the prerequisites of classical portfolio theory and the development of new algorithms for redistribution of capital.Solving the problem of the role of the State in the financial capital mobilization will allow the mechanism to adjust itself in the direction of growth in bank lending instruments. Simultaneously, there is an increase in the growth rate in the real sector of the Russian economy.  The proposed mathematical apparatus of fuzzy set theory, based on uncertainty factors variety of the economic system being considered, is capable of minimizing the portfolio investment risk.

scholarly journals The Role of the State in Formation and Development of Shadow Economy in Modern-Day Russia

2021 ◽  
Vol 12 (3) ◽  
Author(s):  
Galina Davydova ◽  
Galina Makarova ◽  
Mikhail Tagiev
Keyword(s):  
Informal Economy ◽  
Public Management ◽  
Shadow Economy ◽  
The State ◽  
Active Population ◽  
Role Of The State ◽  
State Of The Economy ◽  
The Government

The article discusses some theoretical and methodological problems of defining the concept of shadow economy and determining its role in the economy and society, and estimates the role of the state in formation and development of the informal economy. The authors propose to define shadow economy basing not only on the widely accepted micro-economic approach, but also on the macro-economic one. In this relation, they point out the inverse dependence of shadow economy on two micro-factors, namely, the state of the economy and the quality of public management. According to the article, the quality of public and economy management could be assessed by the extent to which the government is able to balance its own peculiar interests (which might be unfavourable for the society, but not completely eradicable) and those of the economically active population striving for their wellbeing and stable economic development. The authors infer that shadow economy emerges and extends its scope if the legislation provides for the state to prioritize, instead of minimizing, its peculiar interests over the interests of the economy and economically active population. Therefore, in the majority of countries, shadow economy is, in fact, a result of flaws accidentally or deliberately designed in the current national legislative framework.

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