scholarly journals EVALUATION POSITIONS OF CREDIT UNIONS IN THE WORLD MARKET OF FINANCIAL SERVICES

2017 ◽  
Vol 16 (2 (2017)) ◽  
pp. 197-212
Author(s):  
Ruslana Ruska
Keyword(s):  
Financial Market ◽  
Financial Services ◽  
Credit Unions ◽  
World Market ◽  
Basic Principles ◽  
New Approach ◽  
Ex Post ◽  
The World ◽  
Different Types ◽  
Imperfect System

Credit unions have been functioning on the financial market of Ukraine for more than twenty years, and necessity of their existence is still questionable. Imperfect system which controls credit unions in our country often leads to distorted activity. Investigating the uniqueness of the world credit unions and basic principles of their activity stipulated the necessity of a completely new approach to the evaluation of credit unions positions in the world market of financial services. Due to the analysis of penetration it is educed that credit unions embrace a substantial financial market share on different world continents. A cluster analysis revealed that credit unions with the similar functions belong to the same cluster. After investigation of management monitoring systems of credit unions in different countries it has been established that these systems are rather «ex»/ «post» indicators of the present credit unions problems. Relations between regulators and credit unions are of different types. «Three Bucket Approach» methodology for credit unions and theoretical aspects of the methodology, which involves reserve formation on loans and its application have been considered.

The Competitiveness of Polish Apples on International Markets

2017 ◽  
Vol 2 (1) ◽  
pp. 31-43 ◽  
Author(s):  
Paweł Jakub Kraciński
Keyword(s):  
International Trade ◽  
International Competitiveness ◽  
World Market ◽  
International Markets ◽  
Competitive Position ◽  
Research Hypothesis ◽  
Ex Post ◽  
The World ◽  
Post Measure

The article presents the problem of competitiveness of Polish apples. In the paper the quantity of production and international trade of was analyzed. Major importers and exporters of apples were identified. In order to assess the international competitiveness ex post measure has been used. The study covered 2004-2015. The assumed research hypothesis has been verified positively. The indicators of the ex-post competitive position indicate that Polish apples were competitive in the world market in the years 2004-2015. Their position was increasing until the last study subperiod (2013-2015), during which, as indicated by some adopted indicators, it started decreasing.

scholarly journals “Congenial people”, “dissonant people” and “image of the word” of a mature person

2020 ◽  
pp. 54-68
Author(s):  
Valeriya Alperovich
Keyword(s):  
Comparative Analysis ◽  
Theoretical Study ◽  
Psychological Characteristics ◽  
Basic Principles ◽  
The World ◽  
Different Types ◽  
Communication Partners ◽  
Positive Assessment ◽  
The Subject ◽  
Mature Person

This research is dedicated to the problem of correlation between perception of other people by a subject and phenomenon of the “image of the world”. This topic is relevant for scholars of humanities in different countries in conditions of aggravation of various macrosocial conflicts. A theoretical study is conducted on correlations between the phenomena of “image of the world”, “worldview”, “model of the world”,  and approaches of the Russian psychology towards them. The author explores the results of empirical study of the “image of the world”, reflected in drawings, through the prism of metaphorical representations of a mature person on “congenial people” and “dissonant people”. The goal consists on carrying out a comparative analysis of peculiarities of the “image of the world” among persons differing in metaphorical representations on “congenial people” and “dissonant people”. The subject of this research is the metaphors of "congenial person” and “dissonant person”, the basic principles of a person and types of the “image of the world” depicted in drawings and verbal characteristics. The scientific novelty lies in the development of additional parameters for the analysis of the “image of the world” of a person, reflected in drawings. This article is first to determine correlations between different types of metaphors of “congenial person” and “dissonant person” as communication partners, and parameters of the “image of the world” of a person depicted in drawings. The conclusion is made that attribution of positive metaphorical socio-psychological characteristics to “congenial people” and “dissonant people” is associated with positive assessment of the objects of surrounding world. Stereotypization of images of other people as communication partners correlates with such of the “image of the world” in consciousness of a subject. The research results indicate that perceptions of “congenial people” and “dissonant people” by the subject affect their “image of the world”. The presented materials can be used in socio-psychological counseling for elaboration of the programs of correcting the system of relations of the subject to themselves and other people.

Synesthesia in the process of phraseologismformation: a new approach

2018 ◽  
Vol 9 (1) ◽  
pp. 85-110
Author(s):  
Irina Zykova
Keyword(s):  
Conceptual Model ◽  
Perceptual Experience ◽  
Cognitive Activity ◽  
Conceptual Foundation ◽  
New Approach ◽  
Language Semantics ◽  
The World ◽  
Different Types ◽  
Deep Stratum ◽  
The Way

Abstract The paper aims to explore how the process of phraseologism-formation is linked with the process of perception as part and parcel of human cognitive activity. Specifically, the research focuses on the role synesthesia plays in the construction of phraseological meaning. We proceed from the claim that the perceptual experience a human gains through multiple sensory channels while cognizing the world is preserved in the language semantics. Therefore, one of the main assumptions of the research is that synesthesia as a result of crossintegration of various perceptual sensations and their (sub)modalities influences the formation of phraseologisms and can be traced in their semantics. To test this assumption, a representative corpus of English and Russian phraseological units (more than 3,000) is analyzed. In the course of the analysis different types of synesthetic transfers that underlie the phraseological meanings in question are established. Special attention is paid to the way in which synesthesia is involved in the construction of the deep stratum of phraseological semantics that consists of the conceptual foundation (i.e., macro-metaphorical conceptual model) and phraseological image. Overall, the study offers further evidence that phraseological meaning is derived from the perceptual experience and from various synesthetic transfers in particular.

scholarly journals FINANCE AND INEQUALITY: HOW DOES GLOBALIZATION CHANGE THEIR RELATIONSHIP?

2013 ◽  
Vol 18 (5) ◽  
pp. 1091-1128 ◽  
Author(s):  
Takuma Kunieda ◽  
Keisuke Okada ◽  
Akihisa Shibata
Keyword(s):  
Financial Development ◽  
Financial Market ◽  
Financial Integration ◽  
Panel Data Analysis ◽  
World Market ◽  
Dynamic Panel Data ◽  
International Financial Integration ◽  
The World ◽  
Country Analysis ◽  
Using Data

This research demonstrates that international financial integration changes the way in which financial development affects inequality within a country. Specifically, both cross-country analysis and dynamic panel data analysis using data collected from more than 100 countries provide evidence indicating that if the financial market of a country is strongly closed to the world market, financial development narrows inequality within that country, whereas if the financial market of a country is strongly open to the world market, financial development widens inequality within that country. Our theoretical framework provides a possible explanation for our empirical findings.

scholarly journals Testing the causality between Bitcoin price and the gold price in the global market prime by Granger's test

Ekonomika ◽  
2020 ◽  
Vol 66 (3) ◽  
pp. 73-80
Author(s):  
Sanja Dončić
Keyword(s):  
Causal Relationship ◽  
Financial Market ◽  
Historical Data ◽  
Granger Causality Test ◽  
World Market ◽  
Global Market ◽  
The Other ◽  
Causality Test ◽  
The World ◽  
Survey Results

The paper examines the existence of a causal relationship in Grangers' sense between the movement of Bitcoin prices and the price of gold at the global financial market, in order to answer the question whether it is possible to predict the movement of the Bitcoin price based on the movement of the price of gold in the world market, but also vice versa. The survey was conducted from January 1, 2019 to December 1, 2019. In the research was used the Granger causality test (1969). The research results show that historical data on the movement of gold prices in the world market cannot be used to predict the change in value and price movements of Bitcoin. On the other hand, the survey results indicate the possibility of a reliable application of the use of historical data on the movement of value and price of Bitcoin.

scholarly journals CRITICAL FACTORS OF THE NATURAL RUBBER PRICE INSTABILITY IN THE WORLD MARKET

2019 ◽  
Vol 7 (1) ◽  
pp. 199-208
Author(s):  
Aye Aye Khin ◽  
Raymond Ling Leh Bin ◽  
Ooi Chee Keong ◽  
Foo Win Yie ◽  
Ng Jye Liang
Keyword(s):  
Exchange Rate ◽  
Natural Rubber ◽  
World Market ◽  
Series Data ◽  
Rank Test ◽  
Critical Factors ◽  
Ex Post ◽  
The World ◽  
The Exchange Rate ◽  
Price Instability

Purpose:  Natural rubber (NR) production has a long history and has been contributing as one of the most important economic sectors in Malaysia recently. In enhancing the Malaysian rubber economy, it is crucial to find a balance between supply-side and demand-side considerations in order to stabilize the NR price in the worldwide market.  This has raised the motivation and objectives of this research is to investigate the critical factors affecting the NR price instability in the world market, and to estimate and predict the NR price instability and to examine the most related factors that influence the price model by using ex-post and ex-ante forecast analysis.  Methodology:  Number of profound research methods Vector Error Correction Method (VECM) by Gujarati and Porter; cointegration rank test by Dwyer; and ex-post forecast method by Pindyck and Rubinfeld have been utilized in this study. The data used from 2008 January to 2016 December: monthly time series data.  Results: The results show that the explanatory variables of NR production, total NR consumption, crude oil price, and Shanghai NR price indicate a significant relationship with Malaysian NR price (SMR20), on the contrary, the exchange rate is not significant.  Implications: The outcome of the study is closely related to the current situation of the exchange rate appreciation in the late of 2017 that may benefit the decision-making process of economic planning for the NR production stability, and price in the worldwide NR market as well.

scholarly journals Market valorization of Serbian products with special characteristics

2019 ◽  
pp. 229-243
Author(s):  
Mario Lukinovic ◽  
Djordje Jovanovic
Keyword(s):  
Renewable Resources ◽  
Climate Changes ◽  
World Market ◽  
Priority List ◽  
The World ◽  
Different Types ◽  
The Republic ◽  
Safe Food ◽  
Indication Of Origin

The issue of the perspective of survival and production of sufficient amounts and quality of health-safe food in the future is on the top of the contemporary society?s priority list. Limitation of non-renewable and renewable resources (as well as dramatic increase of population in the world and climate changes) additionally makes reaching this goal difficult. The Republic of Serbia (and especially the Province of Vojvodina) is in this sense very significant as a region suitable for this kind of production, not only for domestic needs, but also for placement of these products on the world market. This paper systematically presents different types of marks (geographical indication of origin, standards, certificates, etc.) that might be used for labelling products that have special characteristics. Such product label might influence their better positioning and their sale (the overall valorisation), since products marked by them acquire higher prices.

scholarly journals Regulatory Technologies in the AML/CFT

2018 ◽  
Vol 3 (2) ◽  
pp. 394
Author(s):  
Zabelina O. A. ◽  
Vasiliev A. A. ◽  
Galushkin S. V.
Keyword(s):  
Money Laundering ◽  
Financial Services ◽  
Cost Reduction ◽  
Information Technologies ◽  
Financial System ◽  
World Market ◽  
Terrorist Financing ◽  
The World ◽  
History Of

Currently, the AML / CFT sphere is actively developing and many highly skilled specialists are involved in it. However, there are many crimes in this area: criminals use more and more complicated ways of legalizing criminal proceeds, which are almost impossible for anticipation and prevention at the exact period. In the fight against ML/FT regulatory technologies come to the rescue.Regulatory technologies are a necessary part of effective AML / CFT systems. The article includes a brief overview and history of the emergence of "regulating technologies", reflects the main directions of development of the regtech on the world market of information technologies at present and possible prospects for development in the nearest future. In addition, the article reveals the benefits of applying regulatory technologies in order to improve control, security, cost reduction and time to eliminate vulnerabilities in existing AML / CFT systems.The article describes how the development of regtech innovations can improve the accessibility and quality of financial services for individuals, companies and communities and achieve the FATF goals of combating money laundering, terrorist financing and other threats to the integrity of the international financial system. Keywords: AML / CFT, FATF, AML / CFT systems, legalization, RegTech technologies.

Ayurvedic Approach to Addiction

2018 ◽  
Author(s):  
Shahla J. Modir
Keyword(s):  
Traditional Medicine ◽  
Ayurvedic Medicine ◽  
Treatment Model ◽  
Medical Systems ◽  
Disease Treatment ◽  
Basic Principles ◽  
Treatment Approaches ◽  
Natural Medicine ◽  
The World ◽  
Different Types

Ayurveda is one of the oldest systems of natural medicine in the world. Originating over 4,000 years ago, it is the root of several other branches of traditional medicine including the Chinese and Greek medical systems. The word “veda” means knowledge or science and the term “ayus” means life in Sanskrit. Thus, the term “ayurveda” means the knowledge or “science of life.” In this chapter, we review the basic principles and pathophysiology of illness from an Ayurvedic medicine perspective. We also discuss in depth the disease treatment model from an Ayurvedic perspective. Additionally, we explore the Ayurvedic view of addiction and discuss treatment approaches. Included is the use of the Ayurvedic model to describe and treat three different types of alcoholism as an illustration of varying doshic imbalances.

scholarly journals Prudential exception in the case “Argentina-Financial Services”

2021 ◽  
pp. 1-11
Author(s):  
Dilyara Rustemovna Gatina
Keyword(s):  
Financial Market ◽  
Financial Services ◽  
Dispute Settlement ◽  
National Level ◽  
Normal Activity ◽  
Risk Prevention ◽  
The World ◽  
The Government ◽  
The Stability ◽  
Shed Light

This article discusses the conclusions of the World Trade Organization Dispute Settlement Body (WTO DSB) on the case “Argentina – Financial Services” pertaining to interpretation of the Paragraph 2 (a) of the Annex on Financial Services to the General Agreement on Trade in Services (GATS), which contains a prudential exception that allows the countries, regardless of their obligations in accordance with GATS, taking measures on the national level that are aimed at maintaining stability in the domestic financial market. The need for studying the approaches applied due to interpretation of this norm, is substantiated by the ambiguous wording of the Paragraph 2 (a) of the Annex on Financial Services, which raises questions on its proper application. The author attempts to give assessment to the decisions of the Arbitration Group on the interpretation of prudential exception, as well as shed light on the instances of its application. This article is the first work within the Russian legal science dedicated to examination of the peculiarities of application of prudential exception. Having analyzed the corresponding provision of GATS, as well as the decisions of the Arbitration Group on the case “Argentina – Financial Services”, the author concludes that virtually any measure introduced by the government on the national level, which serves the purpose of risk prevention that may create a threat to the stability and integrity of the financial market of the country and normal activity of the participant of the financial services market, can fall under Paragraph 2 (a). At the same time, the key and practically the only obstacle for abuse such norm consists in the need to adhere to the principle of good faith in the context of implementation of the corresponding prudential measures.

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