scholarly journals The Impact of Regional Culture on the Psychological Characteristics, Startup Behaviors and Regional Economy of Modern Chinese Business Gangs

2021 ◽  
Vol 12 ◽  
Author(s):  
Jun Li ◽  
Wanrong Li ◽  
Yongchuan Shi
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
Institutional Economics ◽  
Comparative Method ◽  
New Institutional Economics ◽  
Psychological Characteristics ◽  
Regional Culture ◽  
Economic Activities ◽  
Modern Business ◽  
The Impact

Business gang refers to the enterprise cluster formed by geographical relationship, which has always been the focus of research on entrepreneurship and regional economic development. The research of new institutional economics shows that culture, as an informal system, will change the social psychology, thinking mode and behavior of economic individuals, and provide a good environment for the growth of start-ups, thus affecting economic activities and economic development. Taking the five modern business gangs in China as the research subject, this paper uses the comparative method to analyze the regional cultural differences of the five modern business gangs, as well as the differences of the entrepreneurs’ psychological characteristics and startup behaviors. Through the analysis of the economic data of the provinces where the modern business gangs are located, this paper summarizes the differences of economic development in different regions. It is concluded that regional culture has a significant impact on the development of modern business gangs and regional economy. It is necessary to give full play to the advantages of regional culture and promote the high-quality development of modern business gangs and regional economy.

Maritime and River Traders, Landing Places, and Emporia Ports in the Merovingian Period in and Around the Low Countries

2020 ◽  
pp. 763-796
Author(s):  
Dries Tys
Keyword(s):  
North Sea ◽  
Institutional Economics ◽  
New Institutional Economics ◽  
Central Position ◽  
Economic Activities ◽  
Early Medieval ◽  
Low Countries ◽  
Long Distance ◽  
The North ◽  
The North Sea

The origin, rise, and dynamics of coastal trade and landing places in the North Sea area between the sixth and eighth centuries must be understood in relation to how coastal regions and seascapes acted as arenas of contact, dialogue, and transition. Although the free coastal societies of the early medieval period were involved in regional to interregional or long-distance trade networks, their economic agency must be understood from a bottom-up perspective. That is, their reproduction strategies must be studied in their own right, independent from any teleological construction about the development of trade, markets, or towns for that matter. This means that the early medieval coastal networks of exchange were much more complex and diverse than advocated by the simple emporium network model, which connected the major archaeological sites along the North Sea coast. Instead, coastal and riverine dwellers often possessed some form of free status and large degrees of autonomy, in part due to the specific environmental conditions of the landscapes in which they dwelled. The wide estuarine region of the Low Countries, between coastal Flanders in the south and Friesland in the north, a region with vast hinterlands and a central position in northwestern Europe, makes these developments particularly clear. This chapter thus pushes back against longstanding assumptions in scholarly research, which include overemphasis of the influence of large landowners over peasant economies, and on the prioritization of easily retrievable luxuries over less visible indicators of bulk trade (such as wood, wool, and more), gift exchange, and market trade. The approach used here demonstrates that well-known emporia or larger ports of trade were embedded in the economic activities and networks of their respective hinterlands. Early medieval coastal societies and their dynamics are thus better understood from the perspective of integrated governance and economy (“new institutional economics”) in a regional setting.

scholarly journals The impact of regulation governance on financial system efficiency: The importance of consumer behavior

2021 ◽  
Vol 11 (1) ◽  
pp. 80-93
Author(s):  
Alessandra von Borowski Dodl
Keyword(s):  
Financial Services ◽  
Institutional Economics ◽  
Financial System ◽  
New Institutional Economics ◽  
System Efficiency ◽  
Life Plans ◽  
Governance Effectiveness ◽  
Instrumental Values ◽  
The Impact ◽  
Theoretical Apparatus

This study focuses on the value structure that correlates improvements in the financial services consumer’s decision-making quality with the development of their autonomy. The discussion is based on the concepts of ceremonial and instrumental values, according to Bush (1987). We anchor our analysis on the premise that there is still room for enhancing the results within the National Financial System – NFS – by broadening the scope of initiatives on financial services consumers’ education and protection (von Borowski Dodl, 2020). Strengthening this perspective, we emphasize the consumer’s role as an agent and the relevance of taking decisions according to their life plans. The analysis is undertaken through the institutional literature lens, considering both schools of thought: Original Institutional Economics (OIE) (drawing on Tauheed, 2013a, 2013b) and New Institutional Economics (NIE) (focusing on North, 1990). From the conjunction of the theoretical apparatus and the applied analysis, we propose a governance policy within the NFS aimed at increasing its efficiency. Effective communication between stakeholders and consumers’ participation in the structuring of institutions – by publicly evincing their political power – hold the potential for promoting governance effectiveness. Additionally, although the approach taken focuses on the NFS, the diagnosis process carried out in this study can be easily reproduced in other contexts.

scholarly journals PLASTIC CARDS AS THE MAIN SECTOR OF CASHLESS PAYMENTS

2018 ◽  
pp. 76-79 ◽  
Author(s):  
S. O. Kushu ◽  
Y. A. Sobka
Keyword(s):  
Economic Development ◽  
Banking Sector ◽  
Economic Activities ◽  
Tax Base ◽  
Financial Condition ◽  
Motivational Aspect ◽  
Calculation Methodology ◽  
Single Strategy ◽  
High Degree ◽  
The Impact

The article discusses the impact of plastic cards on minimizing the risks of the organization. Non-cash payments - is an integral part of the management of financial and economic activities of the banking sector within the framework of a single strategy of economic development, which is a process of systematic use of the optimal legal methods and methods to establish the desired future financial condition of the object in terms of limited resources and the possibility of their alternative use. The process of using plastic cards should be considered in a number of ways. The organizational aspect assesses the degree of formalization and regulation of the use of cashless payments. It is clear that the higher the degree of regulation of procedures, the higher the predictability and manageability of the process of cashless payments. Coordination is the degree of coordination among the participants. It is the result of a high degree of regulation of the process or effective operational work of the Department of non-cash payments. The methodology reflects the compliance of plastic cards calculation methodology adopted by the company, its production characteristics and financial and economic structure. The value of the motivational aspect of non-cash payments is that it makes it possible to stimulate the results of the work of the head, or the entire Department of non-cash payments. Stimulation is made by means of inclusion in the budget of division of the bonus Fund which can be used for payment of awards to employees of division and its head. The need to calculate Bank cards is inherent in the legislation itself, which provides for certain regimes for different situations, allows different methods for calculating the tax base and offers various benefits if they act in the desired directions to the authorities. In addition, the process of calculating plastic cards is due to the interest of the state in providing a number of advantages in order to stimulate any sphere of production, category, regulation of socio-economic development.

scholarly journals FEATURES OF SUSTAINABLE DEVELOPMENT OF THE FOREST SECTOR IN A FOREST-POOR REGION (ON THE EXAMPLE OF THE VORONEZH REGION)

2021 ◽  
Vol 9 (1) ◽  
pp. 7-16
Author(s):  
Irina Zinoveva ◽  
Olga Pecherskaya
Keyword(s):  
Sustainable Development ◽  
Regional Economy ◽  
Forest Policy ◽  
Forest Resources ◽  
Forest Sector ◽  
Economic Activities ◽  
Voronezh Region ◽  
Forest Use ◽  
Regional Forest ◽  
The Impact

The paper considers the directions of development of the region of the forestry sector of low-forest use on the example of the Voronezh region, highlights the factors and conditions for sustainable development and regional forest policy, principles, principles of compatibility of the compatibility of the use of forest resources in one area. It is emphasized that for sparsely wooded regions it is advisable to conduct economic activities within the framework of public-private partnerships associated with ensuring the protection and protection of forests, afforestation and reforestation, that is, activities related to the creation of a resource region. It is noted that the non-resource use of forests due to the disclosure of the recreational potential of the territory contributes not only to the development of the regional economy, but also satisfies the population's need for recreation, allowing to restore the lost working capacity. Forest plots from the lands of the forest fund of the Voronezh region in 2018-2020 were provided for permanent (unlimited) use, rent, free fixed-term use. The analysis showed an increase in the number of contracts for the implementation of recreational activities, construction, reconstruction, operation of linear objects, as well as hunting. With the aim of a balanced use of forest resources, taking into account the impact on the development of the regional economy, the criteria for choosing a priority direction of forest use were determined.

scholarly journals The impact of Covid-19 pandemic on the institutional change in developing countries

2021 ◽  
Vol 20 (3) ◽  
pp. 587-601
Author(s):  
Tomasz Legiędź
Keyword(s):  
Developing Countries ◽  
Institutional Change ◽  
Institutional Economics ◽  
Influenza Pandemic ◽  
Civil Liberties ◽  
New Institutional Economics ◽  
Institutional Changes ◽  
Current Events ◽  
Institutional System ◽  
The Impact

Motivation: The Covid-19 pandemic is having a critical impact on economies, especially in developing countries. Such a serious external shock affects the distribution of economic rents, thus leading to potentially large institutional changes. Naturally, in the short term we are dealing with an economic crisis and a restriction of civil liberties in both autocratic and democratic countries, however, it is not known what the dynamics of institutional changes will be in the longer run. Aim: The main purpose of the article is to answer if the Covid-19 pandemic becomes a turning point that will determine the institutional system in developing countries for the next few decades. The first part of the article outlines the theory of institutional change, with particular emphasis on the role of external shocks. The next section presents studies on the socioeconomic impact of two major epidemics: The Black Death and the Great Influenza Pandemic. The third part conducts an assessment as to what extent the current pandemic may affect institutions in developing countries, by reference to the example of two countries: Tunisia and Cambodia. The analysis is conducted from the perspective of the new institutional economics. Results: If we look at the experiences from previous pandemics, current events and refer to the literature on the theory of institutional change, we can conclude that significant institutional changes caused by Covid-19 are unlikely. The process of institutional change is characterized by a specific complexity and changing dynamics. Nonetheless, it is the internal factors, reflecting the actions of people trying to maximize the benefits, which are the main cause of change in an institutional system. Therefore, the Covid-19 pandemic is more likely to strengthen the endogeneity of the process of institutional change, rather than change its course.

scholarly journals Currency liberalization and its impact on the economy of Ukraine

2020 ◽  
Vol 2020 (3) ◽  
pp. 25-40
Author(s):  
Valentyna Harkavenko ◽  
◽  
Galina Yershova ◽  
◽  
Keyword(s):  
Economic Development ◽  
Financial Sector ◽  
Developed Countries ◽  
Raw Material ◽  
Negative Consequences ◽  
Economic Activities ◽  
Depth Analysis ◽  
European Standards ◽  
Business Entities ◽  
The Impact

Examining the transformation of financial relations in Ukraine, in the previous article the authors analyzed the impact of foreign capital on the economic development of this country’s economy and found that its concentration in certain economic activities contributed to consolidating its raw material orientation. The authors conclude that due to the distorted model of Ukraine's economic development, successful practices of developed countries to attract foreign investment and reform the financial sector are ineffective in this country’s economy. Continuing the study of the transformations of financial relations in Ukraine, which are taking place under the influence of the approximation of domestic legislation to European standards, the authors could not leave aside the question of impact of the liberalization of currency legislation on the economy. Given that currency liberalization significantly affects the behavior of foreign investors, the authors conducted an in-depth analysis of legislative changes in the financial sector, and described the main results of their implementation. The positive and negative consequences of currency liberalization in Ukraine for business entities and the economy in general are analyzed. Particular attention is paid to the risks associated with the liberalization of operations related to the movement of capital and the behavior of non-residents in the financial market of Ukraine. It is concluded that Ukraine’s economy with its distorted development model belongs to the financially and institutionally weak ones, hence is not presently ready to liberalize its monetary relations, which could only deepen the deformations and reduce resilience to macroeconomic imbalances.

THE PROBLEMS OF INCREASING COMPETITIVENESS OF THE ENTERPRISE AND THE DIGITIZATION OF REGIONAL ECONOMY

2020 ◽  
Author(s):  
E. A. Gasanov ◽  
Lin Lee ◽  
Wei Lyu
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
Digital Technologies ◽  
Strategy Of Development ◽  
Social And Economic Development ◽  
The Impact

In this article the possibility of implementation of strategy of development and increase of competitiveness of firm in the conditions of the territory of the advancing social and economic development and digitalization is considered. The impact of digital technologies on firm competitiveness is becoming crucial and strategic.

A Study on Institutional, Market and Natural Environment Impact on Agrarian Sustainability in Bulgaria

2018 ◽  
Vol 9 (3) ◽  
pp. 452 ◽  
Author(s):  
Hrabrin BACHEV ◽  
Dimitar TERZIEV
Keyword(s):  
Natural Environment ◽  
Institutional Economics ◽  
Institutional Environment ◽  
Critical Factor ◽  
New Institutional Economics ◽  
Environment Impact ◽  
Specific System ◽  
Specific Effects ◽  
Geographical Regions ◽  
The Impact

The specific system of governance is a critical factor, which to a great extent (pre)determines the type and speed of development in different countries, industries, regions, communities, etc. This article tries to fill the gap and assesses the impact of institutional environment on agrarian sustainability in Bulgaria. The interdisciplinary New Institutional Economics framework is applied and assessment made on specific effects of major components of the “external” institutional environment on agrarian sustainability level in different administrative, geographical and ecological regions, subsectors of agriculture, and farms of various juridical type and size. Our study has found out that individual elements of external institutional, market and natural environment affect quite unequally farms of different types, individual subsectors of agriculture, and specific ecological and geographical regions. This type of studies is to be expended and their precision and representation increased. The latter however, requires a close cooperation between all interested parties, and participation of the farmers, agrarian organizations, local and central authorities, interest groups, research institutes and experts, etc.

scholarly journals TYPOLOGIZATION OF THE EFFECTS FROM THE INTRODUCTION AND USE OF INFORMATION AND COMMUNICATION TECHNOLOGIES AND THEIR CHARACTERISTICS

2021 ◽  
Vol 7 (3) ◽  
pp. 88-96
Author(s):  
Tetiana Hushtan ◽  
Svitlana Danylo
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Environmental Effects ◽  
Comparative Method ◽  
Communication Technologies ◽  
Economic Consequences ◽  
Systematic Research ◽  
Stage Of Development ◽  
Information And Communication ◽  
The Impact

The subject of the study is to consider the impact of information and communication technologies (ICT) on the country’s economic development that requires providing the systematic research of objective prerequisites for increasing ecological and economic efficiency of the introduction and use of ICT. The economic justification for the implementation of ICT taking into account the economic consequences of its impact on the environment is impossible without studying, systematizing economic and environmental effects from the use of ICT. Scientific studies of the economic problems of the implementation of ICT, in our opinion, should be deepened on the basis of the need to take into account the positive and negative economic consequences of their impact on the environment and therefore require further research in this direction. The purpose of the paper is to determine the impact of information and communication technologies on the country’s ecological and economic development and to systematize the economic, social and environmental effects from the introduction and use of ICT. The dialectical method of scientific knowledge, method of analysis and synthesis, comparative method, method of data generalization are used in the paper. The paper outlines and describes the main directions of influence of information and communication technologies (ICT) on economic development of industry, on development of agriculture, on the sphere of transport and communication. The classification of the effects from the introduction and use of ICT is given, namely: by the life cycle of the product – the effects that arise at the stage of development, production, realization, consumption and disposal of the product; by recipients of influence – the effects that arise in enterprises, government bodies, which use ICT, households, which are consumers of ICT goods and services, and in the environment; by the form of manifestation – direct and indirect effects. ICT provide extensive opportunities for learning, promote the participation of citizens in public life, etc., but at the same time they can increase the unevenness of the economic development of the regions of the country due to the difference in access to ICT. The development of ICT provides a reduction in the material component of production and consumption, helping to reduce the resource intensity and ecological sustainability of economic processes, and improve the environmental situation.

scholarly journals KAWASAN EKONOMI KHUSUS DAN PEMBANGUNAN EKONOMI REGIONAL: SEBUAH STUDI LITERATUR

2020 ◽  
Vol 1 (2) ◽  
pp. 40-54
Author(s):  
Nurafni Irma Suryani ◽  
Ratu Eva Febriani
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regional Economy ◽  
Positive Impact ◽  
Special Economic Zones ◽  
Literature Study ◽  
Economic Growth Rate ◽  
Economic Zones ◽  
The Impact

Special Economic Zones are very important for the progress of an area. SEZ is able to contribute to the regional economy and increase economic development by providing direct and indirect effects. The purpose of this study is to determine the impact of special economic zones on regional economic development. The object of this study is to explore the establish SEZ in Indonesia just only refer to two SEZs namely SEI Mangke and Tanjung Lesung. This research used literature study as a method. The results show that SEZ make the regional economy is starting to move towards a better direction. The role of two SEZs observed have different impact on regional economy, SEI Mangke has a positive impact on macroeconomy indicator such as reduced unemployment, reduced poverty and an increased economic growth rate in Simalungun Regency. Otherwise, Tanjung Lesung just has a positive impact on MSMEsKeywords: Unemployment, Poverty, Economic Growth, Pengembangan UMKM, SEZ Sei Mangke, SEZ Tanjung Lesung

Sign in / Sign up

Export Citation Format

Share Document