Balancing Regulatory and Economic Interests

Having considered the need for an assessment of benefits and risks to be derived from an evaluation of economic and environmental interests, this section focuses on the equally important need for assessment of regulatory and economic considerations. This being exemplified by the continued involved of leading nations in Basel III regulations – as well as forthcoming Basel IV negotiations.

2021 ◽  
Author(s):  
Olha Golikova ◽  

The need to diversify the use of natural recreational resources and territories is a national issue of environmental management at the national and regional entities. This is especially true for unique natural areas and objects. The paper analyzes the current state and identifies trends in the development of recreational and tourist sphere of Ukraine. The analysis of normative-legal and organizational support of processes of of natural resources and territories use is carried out. It is established that a separate part of the main factors of production (facilities and fixed assets involved in the provision of health services) are privately owned by business entities, as natural recreational resources are owned by the state and local executive authorities. This situation is due to the need to reconcile socio-economic and environmental interests. The need to improve the permitting system for assessing natural resource potential, in particular natural recreational resources, as a tool for state regulation of economic relations on forms and property rights to natural recreational and involvement of socio-economic interests of territorial development and recreational tourism.


2021 ◽  
pp. 8-8
Author(s):  
I. Kupriyanchyk ◽  

The article is devoted to the formation of the institutional environment of ecologically safe agricultural land use through the model of harmonization of ecological and economic interests of the subjects of agricultural land use. The structure of agricultural land use is based on criteria, the content of which represents both economic and environmental interests of society. For example, the landowner (land user) is interested in converting his land into the most economically attractive - arable land, which reflects his private economic interests, and on the other - society is interested in maintaining the optimal state of agricultural landscapes, which in turn provides the optimal ratio of destabilizing, stabilizing and stabilizing reflecting the public environmental interests [7]. Usually such differentiation of interests of subjects of agrarian land use causes situations of impossibility to agree them voluntarily. Therefore, there is an urgent problem in effective regulatory policy in the field of land use, in particular through the formation of the institutional environment of environmentally friendly agricultural land use through the model of harmonization of environmental and economic interests of agricultural land users. In the article, it is clarified that the institutional model of harmonization of ecological and economic interests of subjects of agrarian land use provides for the introduction of tools to eliminate the conflict of ecological and economic interests, which includes a number of tools, levers and techniques, in particular: -adaptation paradigm; formation of ecological consciousness of land users, ecological morality and ethics; development of the organizational and economic mechanism of formation of ecologically safe agrarian land tenures and land uses optimum through a combination of market and state levers of influence; regulatory and legal support of ecological safety of agricultural land use; optimization of the organizational structure of land use management. Keywords. Institutional environment, institutions, ecologically safe agricultural land use, land relations, economic development, ecology.


1979 ◽  
Vol 33 (4) ◽  
pp. 581-587 ◽  
Author(s):  
Thomas D. Willett

In a recent article in this journal Paul Jabber presents a cogent analysis of many of the potential conflicts that may face OPEC over the coming years and concludes that a collapse of the cartel is extremely unlikely, even under conditions of severe political dispute among OPEC members. I share Jabber's view that a collapse of the cartel is not probable in the medium-term future. I believe, however, that Jabber has not sufficiently recognized the divergencies as well as the similarities in the economic interests of the oil countries, and that, as a result, his analysis significantly overstates the likelihood that the real level of oil prices, i.e., the nominal price adjusted for the depreciating purchasing power of currencies, is likely to average near if not above the levels initially established with the first full-fledged flexing of OPEC's muscles in 1973–74. After the 1973–74 increases, the real price of oil fell substantially through 1978, although of course nowhere near preembargo levels. Thus Jabber's prediction was that a significant increase in real oil prices will occur over the coming decade.


2004 ◽  
Vol 31 ◽  
pp. 1-18
Author(s):  
Philip Atsu Afeadie

British imperialism in west Africa during the late nineteenth century is known to be the product of the interrelations between expansionist forces at the center of empire and those at the periphery on the one hand, and the relationship between the peripheral forces and African circumstances on the other hand. Expansionist forces at Whitehall included nationalistic sentiments and inter-European rivalry, economic considerations, and public reactions to these motivations. Of the expansionist forces at the outposts of empire, pressure from commercial interest groups and the activities of the men on the spot are notable.Indeed, the work of the military personnel on the outposts of empire was instrumental to British territorial annexations. As officers and non-commissioned officers to the colonial army of the West African Frontier Force (WAFF), the British personnel hailed from all rungs of society, and seconded from metropolitan regiments into active service in West Africa. Their motivations largely included economic interests, sport and adventure, while the African auxiliaries enlisted out of economic considerations. Naturally, the men on the spot were indispensable to British expansion, as they particularly constituted a reliable source of information for policymakers at home. They also subscribed with their superiors to the use of force to maintain political supremacy on the frontiers of empire. The men on the spot controlled the timing, pace, and extent of British military imperialism. However, they had to reckon with indigenous response, as their prerogatives met challenges in African interests and concerns, such as territorial inviolability and non-interference in their internal affairs. This interplay of military imperialism and African response is aptly demonstrated in the British encounter with the Semolika in Northern Nigeria.


Author(s):  
Lindsey Fransen ◽  
Antonio La Vina ◽  
Fabian Dayrit ◽  
Loraine Gatlabayan ◽  
Dwi Andreas Santosa ◽  
...  

1980 ◽  
Vol 19 (03) ◽  
pp. 125-132
Author(s):  
G. S. Lodwick ◽  
C. R. Wickizer ◽  
E. Dickhaus

The Missouri Automated Radiology System recently passed its tenth year of clinical operation at the University of Missouri. This article presents the views of a radiologist who has been instrumental in the conceptual development and administrative support of MARS for most of this period, an economist who evaluated MARS from 1972 to 1974 as part of her doctoral dissertation, and a computer scientist who has worked for two years in the development of a Standard MUMPS version of MARS. The first section provides a historical perspective. The second deals with economic considerations of the present MARS system, and suggests those improvements which offer the greatest economic benefits. The final section discusses the new approaches employed in the latest version of MARS, as well as areas for further application in the overall radiology and hospital environment. A complete bibliography on MARS is provided for further reading.


2016 ◽  
pp. 77-93 ◽  
Author(s):  
E. Dzhagityan

The article looks into the spillover effect of the sweeping overhaul of financial regulation, also known as Basel III, for credit institutions. We found that new standards of capital adequacy will inevitably put downward pressure on ROE that in turn will further diminish post-crisis recovery of the banking industry. Under these circumstances, resilience of systemically important banks could be maintained through cost optimization, repricing, and return to homogeneity of their operating models, while application of macroprudential regulation by embedding it into new regulatory paradigm would minimize the effect of risk multiplication at micro level. Based on the research we develop recommendations for financial regulatory reform in Russia and for shaping integrated banking regulation in the Eurasian Economic Union (EAEU).


Author(s):  
Adam Bodіuk

The subject of the study is the mechanism for determining the fiscal fee forthe main transportation of hydrocarbon goods as a resource concept. The purposeof this article is to justify the nature and prospects of using, instead of currentrent, hydrocarbon fiscal-main income as a fiscal payment, which is brought intothe state budget by operators of the main hydrocarbon-transport system as business entities for their transportation of hydrocarbons and products of their processing through main pipelines appropriate to the economic requirements. Theresearch methodology is determined by a combination of methods: a) cognition:legal analysis (study of the regulatory framework for the use of rent); b) justification: abstract logical analysis (definition of the concepts of hydrocarbon fiscalmain income); c) generalization (substantiation of conclusions and proposals).Results of work. In the process of analyzing the regulatory legal acts that regulate the use of current annuity as payment to the budget for the main transportation of hydrocarbons, it was established that it is not a tax in the interpretationof PKU, since the essence does not meet the official definition of tax, does notmeet the accepted definition of the concept of rent. The accepted nature andmechanism of paying rent for the transportation of hydrogen resources and associated revenues of the state and users of the main hydrogen transport systemand the unpromising nature of its use as a fiscal payment are analyzed. Conclusions.It is proposed that the state pay for the territorial pumping of hydrocarbon resources according to our triple principle as hydrocarbon fiscal-main income, whichcorresponds to its essence, and accordingly change the mechanism for calculatingand depositing funds to treasury accounts. Since the funds come to the revenueside of the state budget, that is, inherently belong to state revenue. The creationof such a mechanism needs certain studies, justifications and government decisions. The same applies to land use, since the quality indicators of soils, wherethe laid pipelines are territorially different. In addition, there is a process ofchanging land for its intended purpose, for the property. The fee for movinghydrocarbon resources should be calculated depending on the type of transport,including pipelines, for a set of indicators: quantity and quality of goods, time,main tariffs and distance of its movement. The amount may be adjusted usingfactors officially established by the CMU. Since the pipelines are located in territorial lands, part of this fee should be transferred to the territorial local budgets.Theoretically, the economic use of trunk pipelines should be considered as a typeof economic environmental management. Therefore, this type of government revenue should be determined by a set of indicators, as well as taking into account the economic interests of business entities authorized by the CMU. Thus, theimplementation of our proposed fiscal payment is relevant, has scientific noveltyand promising practical significance, therefore, for state recognition it is proposedto include it in the Tax Code of Ukraine.


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