scholarly journals PRINCIPAL APPROACHES TO ENSURING ECONOMIC HOMEOSTASIS FROM THE POSITION OF SUSTAINABLE FINANCE

Author(s):  
Igor Bystryakov ◽  
Dmytro Klynovyi

The purpose of the article is to outline the basic principles of achieving economic homeostasis and determination of the basic principles of homeostasis of economic systems from the standpoint of the concept of sustainable finance. It was found that the determining factor for the sustainability of the economic system is to ensure both its system-wide homeostasis and homeostasis in each of the subsystems in social, economic and environmental dimensions, which can be realized through a specific system of sustainable finance. It is determined that three factors should play an important role in the system of sustainable finance: building feedback mechanisms between the economic system and the environment and within its elements; creation of financial reserves and construction of channels of their direction on the needs of sustainable development; strengthening the links between finance and the real sector of production. The concept of systemic homeostasis is considered in the context of sustainable development management as a balanced state of dynamic self-sustaining balance in the development of socio-ecological and economic entities, which are considered as living systems of organized complexity. The focus is on proactive forms of homeostasis management, the essence of which, in contrast to reactive forms, is to respond to changes in the interaction of the system with its environment actively and purposefully. Financial dominance is considered as a separate fundamental functional component of the sustainable management system, the role of which is to ensure effective distribution relations between the social, economic and environmental components of the economy, and within each of them through appropriate institutions, mechanisms and tools. Principles of the dominant approach, functionality, vertical and horizontal integration feedback and self-sufficiency are proposed on the basis of the paradigmatic concept of sustainable finance. It is shown that their use will allow to build an internally stable financial component, which is capable to provide homeostasis in the socio-ecological and economic system and the rate of sustainable development at 3–4 % of annual economic growth.

2007 ◽  
Vol 31 (4) ◽  
pp. 213-224
Author(s):  
Indrė Gražulevičiūtė-Vileniškė ◽  
Vilma Karvelytė-Balbierienė

Rural areas cover the largest part of the territory of Lithuania as well as that of the whole Europe. Rural settlements are also the most abundant category in the settlement system of the country. Therefore, their social, economic, and cultural viability- as well as ecologic sustainability playan important role striving towards the goals of sustainable development. During the last years projects promoting various aspects of sustainability are implemented not only in large cities and towns, but also in smaller municipalities, nevertheless many rural settlements still are not influenced by these trends. The tendency of decrease of the population of the country, emigration, migration of young and qualified persons to larger cities and towns, poverty and unemployment cause the threat to the most fragile elements of the rural settlement system, such as steadings, manor residencies and ethnographic village settlements. In order to stop these processes it is necessary to search for means to sustain the social and economic viability of rural settlements. During the last decade significant role of cultural heritage in implementing strategies of sustainable development was universally recognized. It is acknowledged that sustainable preservation, maintenance, and use of cultural heritage, especially immovable, positively influence the social, economic, cultural and even environmental dimensions of sustainable development. Sustainable development opportunities provided by immovable cultural heritage are essential for small rural settlements which are not distinguished by important natural resources or favorable location. In this instance social and cultural viability is as much essential for preservation of immovable cultural heritage of these settlements, as immovable cultural heritage is essential for sustention of their social and economic viability. Nekilnojamojo kultūros paveldo įtaka darniam kaimo gyvenamųjų vietovių vystymuisi Santrauka Didžiąją Lietuvos, kaip ir visos Europos, teritorijos dalį sudaro kaimo vietovės, o didžiąją dalį gyvenamųjų vietovių – kaimo gyvenamosios vietovės, taigi jų socialinis, eko nominis ir kultūrinis gyvybingumas bei eko loginis tvarumas atlieka lemiamą vaidmenį siekiant šalies darnaus vystymosi tikslų. Pastaraisiais metais darnų vystymąsi skatinantys projektai jau įgyvendinami ne tik didžiuosiuose Lietuvos miestuose, bet ir mažesnėse savivaldybėse, tačiau daugelio kaimo gyvenamųjų vietovių šis procesas kol kas nepaliečia. Bendro šalies gyventojų skaičiaus mažėjimo tendencija, emigracija, jaunų ir kvalifikuo tų žmonių migracija į didžiuosius šalies miestus, skurdas ir nedarbo grėsmė kelia sunykimo grėsmę patiems jautriausiems ir kultūriniu požiūriu vertingiausiems šalies kaimo gyvenamųjų vietovių sistemos elementams, tokiems kaip vienkieminės sodybos, buvusių dvarų ir palivarkų sodybos ar etnografinės kaimų gyvenvietės. Siekiant sustabdyti šiuos neigiamus socialinius, eko nominius bei kultūriniu procesus, būtina ieškoti būdų, kaip užtikrinti kaimo gyvenamųjų vietovių socialinį bei eko nominį gyvybingumą. Pastaraisiais metais pasaulyje vis aiškiau suvokiamas kultūros paveldo vaidmuo darnaus vystymosi kontekste. Visuotinai pripažįstama, jog kultūros paveldo, ypač nekilnojamojo, apsauga, priežiūra bei naudojimas turi teigiamos įtakos darniam vystymuisi socialinėje, eko nominėje, kultūrinėje ir kt. dimensijose. Nekilnojamojo kultūros paveldo teikiamos darnaus vystymosi galimybės itin reikšmingos nedidelėms, išskirtinių gamtinių išteklių neturinčioms bei patogia geografine padėtimi nepasižyminčioms kaimo gyvenamosioms vietovėms. Jų socialinis ir eko nominis gyvybingumas kultūros paveldui išsaugoti yra toks pats svarbus, kaip ir kultūros paveldas socialinio ir eko nominio šių gyvenamųjų vietovių gyvybingumo palaikymu.


Author(s):  
Éva Pintér ◽  
Nikolett Deutsch

Az utóbbi évtizedben a környezettudatos gazdálkodás szerepének felértékelődése új tevékenységi területet nyitott meg a bankok előtt, amit nemzetközi szóhasználattal élve green banking-nek neveznek. A fenntartható fejlődést támogató projektek banki finanszírozása számos lehetőséget nyit a pénzügyi intézmények számára – hírnév, új ügyfélbázis, kockázatcsökkentés, jövedelmezőség növelése –, amennyiben a bankok a fenntarthatóság elveit megfelelően integrálják működési stratégiájukba. A cikksorozat második részében a szerzők a bankok fenntartható működését támogató külső és belső motiváló tényezőit veszik vizsgálat alá, amelyet már nemzetközi elvek és megállapodások is szabályoznak és támogatnak. Kiemelt fontosságot tulajdonítanak a környezettudatos gazdálkodás banki stratégiába történő integrálásának, melynek alapjait teremthetik meg a cikkben vizsgált nemzetközi irányelvek. ________ In the last decade, a lot of publications came to light, dealing with the social and environmental responsibility of financial institutions. Banks are expected to improve their competitive advantage by demonstrating economic development, while promoting environment care and social responsibility. This sustainable finance means to manage environmental and social risks in corporate lending and project financing. Green financial institutions have developed a wide range of innovations that can support sustainable development. This article highlights a few external and internal factor that support this aim, and which are regulated by international principles. However the authors’ survey shows that in the relevant literature there are a lot of ways to define sustainability and its achievement. They suggest that all of them can be interpreted associated with green banking operation. The goal of this paper is to identify the role of financial institutions in achieving sustainable development, and stress its strategic importance. The authors also attempt to show, why and how can this sector become the promoter of sustainability.


2021 ◽  
Vol 21 (3) ◽  
pp. 567-579
Author(s):  
Zh. G. Golodova ◽  
P. A. Smirnov

Optimizing the structure of the economy and ensuring the stable employment are the most important components in the policy of developing a flexible and competitive economy. The economic development strategies of the EAEU countries emphasize the need to increase the share of small and medium-sized enterprises (SMEs) in GDP and the share of the employed in this sector. However, the planned development parameters have never been achieved, which is determined not only by a long period of economic instability and insufficient government support for SMEs, but also by the social perception of entrepreneurship. The article considers the role of entrepreneurship, primarily small business, in the social-economic system. Based on the generalization of the entrepreneurship interpretations, the authors show that it has both economic and social significance, especially in the countries with developing markets. Small business performs numerous functions and has such features as mass character, innovations, riskiness and responsibility; it is an institution of social development, and a factor of economic growth and political stability. The analysis of the activities of small business in the EAEU countries (Belarus, Kazakhstan and Russia) in 2015-2019 shows their significant lag behind the developed countries. However, in recent years, the social role of SMEs has increased for they take into account the needs of local consumers and the possibilities of local markets, which is due both to the number of employees and their qualifications, and to the introduction of science-intensive technologies. The sociological data prove a change in the social perception of entrepreneurship: it is recognized as a successful career option and social status, but also as facing challenges that hinder its development. The article is based on the statistical data of the EAEU countries and the Eurasian Economic Commission, analytical materials of rating agencies and research centers.


2020 ◽  
Vol 20 (4) ◽  
pp. 877-888
Author(s):  
Zh. V. Puzanova ◽  
M. A. Trifonova

The article considers the position and meaning of insurance in the social-economic system of Russia. Insurance is associated primarily with protection of the property interests under risky events. There is a large classification of risks, which is closely related to the insurance institution, and the authors analyze some types of risks providing relevant contemporary examples. Insurance is a means of the risk management system; however, the current economic, political, and social situation has a direct impact on the insurance system. Thus, in periods of instability, insurance companies have to adapt to the economic situation and financial possibilities of people to purchase insurance products. Insurance as a type of activity performs two groups of functions - economic and social. The main task of insurance is to implement effective measures of insurance protection from risky events. The article also considers activities of insurers in Russia from 2012 to 2018: the number of insurance companies, the authorized capital, the peak volume of foreign deposits, insurance payments, reinsurance operations, etc. The authors present two types of insurance - voluntary and compulsory - and consider the features of each type. The data of sociological surveys allows to analyze these features and to identify the role of voluntary and compulsory insurance in the social-economic system (tasks, functions, and so on).


Author(s):  
عصام قاسم الحسيني

The research aims to describe and discuss the social, economic, and environmental situation of Iraq, in preparation for proposing the requirements for embarking on sustainable development in a fragile environment, and the role of the Central Bank in that. For the purpose of achieving the aim of the research, the researcher developed three hypotheses (dichotomy of proof and proof), namely: • Iraq does not have the basic ingredients for development. • The fragile situation of the Iraqi state does not hinder the adoption of sustainable development measures. • The Central Bank of Iraq does not play an important role in creating and developing sustainable development endeavours. For the purpose of proving or refuting the research hypothesis, the researcher used the inductive method, in presenting and studying reality, analyzing and interpreting phenomena, then building general conclusions that start from the particles of the studied reality. After applying that, the researcher concluded: Iraq possesses the elements of development, and the state's fragility hinders the initiation of development, but not to the degree that makes it impossible! It is possible if there is unified will and successful management, and the research also concluded that the central bank plays an important role in bringing about development, and one of the manifestations of that role is the "trillion initiative" that was highlighted in the research. The research was concluded with a set of recommendations that the research found important.


2013 ◽  
Vol 2 (4) ◽  
pp. 227 ◽  
Author(s):  
Engjellushe Engjellushe

The practical definition of sustainable development remains "balance between the social,economic and natural resources”. To builda system for sustainable development inprogress is very difficult; it should be noted that to talk about the three elements at thesame time. Finding balance, adds more difficult, because, "the preservation of theecosystem", includes in itself, human capital,making peoples an integral part of theecosystem that we are trying to save. Mostly, sustainable development requires major andradical changes, in particular to human behaviors and habits, connected to nature and theeconomy. The aim of this article is to identify the role of education in sustainabledevelopment. The development of education inthe context of sustainable development,promotes the correct answer of science, but a way of engaging with different perspectiveson the world we live in, and share together every moment of our lives.


2021 ◽  
Vol 1 (4) ◽  
pp. 93-110
Author(s):  
Fatima Nesmane

This paper aims to study Islamic financing formulas in terms of their impact on achieving sustainable development, and alerting points of influence and distinction, and the research problem lies in revealing the status of Islamic financial institutions. Achieving sustainable development, and Islamic financing formulas are important and related to the dimensions of sustainable development. If used optimally, it achieves sustainable development, and Islamic financing formulas directly affect aspects of sustainable development by providing social stability, economic advancement, and commercial movement, and they also contribute to environmental development because they do not allow transactions that lead to damage and waste of resources. The study descriptive analytical approach and the study concluded that Islamic financial institutions should diversify their products so that Islamic financing formulas achieve their goal in contributing to the development of all aspects of sustainable development, whether on the social, economic or environmental level and not limited to one product without the other.


Litera ◽  
2021 ◽  
pp. 38-55
Author(s):  
Rivaa Mukhammad Salem Alsalibi

The subject of this research is the specifics, forms and functions of interaction in social media groups between the representatives of ethnic communities. The goal consists in determination of the role of social networks in adaptation of ethnocultural communities of St. Petersburg. The research is based on the polling technique for acquisition of information on the cognitive, emotional, and behavioral state of a person. The survey was conducted via distribution of questionnaires among the representatives of ethnic groups. The article also employs the method of systematic scientific observation over the social media groups, topic raised therein, as well as reading and analysis of the comments. The scientific novelty of this work consists in outlining of the nature, trends and development prospects of cross-cultural communications as the channel for ethnocultural interaction.  The main conclusions, which touch upon users from various ethnic communities who do not have enough experience in organization of activity of social media groups, demonstrate that it causes the loss of the sense of security, accumulation of prejudices and escalation of interethnic conflicts, as well as preference of the with restricted access, which contributes to lock down of the group and impedes adaptation in the accepting society. Stabilization of situation can be achieved by improvement of the quality of content posted in the social media, as well as level of their administration.


2021 ◽  
Vol 27 ◽  
pp. 514-543
Author(s):  
HIBA KAREEM ◽  

The issue of empowering women has been and still is the preoccupation of various humanitarian organizations, especially human rights organizations. Regarding the issue of human rights in Iraq, it is extremely difficult, because of the exceptional circumstances ordered by Iraq, which made it an arena for human rights violations. Vulnerable groups, they are more affected by the surrounding circumstances, such as violence, displacement, terrorism, displacement, widowhood, and others ... especially with regard to measures to empower women, because what women suffer in our society is a heap of discriminatory traditional culture against them and their lack of awareness of themselves and Their legitimate rights, in addition to weak government policies, and the lack of resources and opportunities, and herein lies the problem. The importance of the research stems from the importance of the role of women in society and the social, economic, health and political dimensions that this role represents, and the extent of its impact on the development process in Iraq. As for its objectives, it is to stand on the role of human rights organizations in empowering women in all social, economic, political and health fields, from which we have deduced most of them marginalization and discrimination on the basis of gender, and then we proposed some enabling measures, hoping through them to integrate women in all levels of development . Key words : role, organizations, human rights, empowerment, women .


SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110441
Author(s):  
Cristina Maria Bostan ◽  
Tudor Stanciu ◽  
Răzvan-Lucian Andronic

Concordant with classical theoretical guidelines (i.e., social facilitation, social constructivism theory, and the Pygmalion effect) we tested the need for competition and perception of being valued by teachers to be better motivated for learning in school. We extend knowledge by testing these associations mediated by the social economic status given by the well-being of the family (i.e., controlling for gender and socio-economic status). A total of 214 Romanian students (45.3% boys) with ages between 13 and 17 years were administered the PEER questionnaire (i.e., perception of being valued by teachers, school-children motivation, and the need for competition). Results show a positive relation between the need for competition and motivation for learning. We also found positive relations between the perception of being valued by the teacher and motivation for learning and the need for competition. We conclude that motivation is higher when the need for competition is higher and the perception of being valued by teachers is higher.


Sign in / Sign up

Export Citation Format

Share Document