scholarly journals The institution of consumer instalment sales credit and its relationship to cyclical fluctuations

1980 ◽  
Vol 11 (4) ◽  
pp. 141-147
Author(s):  
W. N. Meyer

The contribution of consumer instalment sales credit (hire purchase credit) to fluctuations in economic activity is the source of some conflict between two diverse viewpoints. On the one side there are those who use a Keynesian analysis to argue that an increasing volume of consumer instalment sales credit has an accelerating effect on the expansion of effective demand far out of proportion to its own relative size and that a subsequent retardation in consumer instalment extensions will cause a more rapid acceleration in the contraction phase of the cycle. The results, respectively, would be a higher peak to a boom and a deeper recession. On the other hand, some writers, while not refuting the Keynesian analysis, feel that, although consumer hire purchase credit's influence on cyclical fluctuations merits careful study, its possible destabilizing effect is not so significant as to overshadow all its desirable aspects. They argue that the cyclical behaviour is questionable and cannot be isolated from other elements of the economy. This article will analyse and evaluate some of the existing theories to discover their weaknesses and strong points.Die bydrae van verbruikershuurkoopkrediet tot fluktuasies in ekonomiese aktiwiteit is die bron van konflik tussen twee uiteenlopende gesigspunte. Aan die eenkant is daar die wat deur die toepassing van 'n Keynesiaanse analise argumenteer dat 'n toenemende volume van verbruikershuurkoopkrediet 'n versnellende effek op die uitbreiding van effektiewe aanvraag het buite verhouding tot sy eie relatiewe grootte, en dat 'n daaropvolgende afname in verbruikershuurkoopkrediet 'n vinniger versnelling in die kontraksiefase van die siklus sal veroorsaak. Die gevolge is, onderskeidelik, 'n hoer piek in die oplewing en 'n daaropvolgende diaper depressie. Aan die ander kant is sommige skrywers, terwyl hulle nie die Keynesiaanse analise verwerp nie, van mening dat, hoewel verbruikershuurkoopkrediet se invloed op sikliese fluktuasies deeglike studie regverdig, die moontlike onbestendige effek daarvan nie so beduidend is dat dit al die gunstige aspekte daarvan oorskadu nie. Hulle argument is dat sikliese gedrag bevraagteken kan word en nie van ander elemente van die ekonomie geskei kan word nie. Hierdie artikel analiseer en evalueer sommige van die bestaande teoriee om hulle swakhede en goeie eienskappe uit te lig.

Upravlenie ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 96-104
Author(s):  
Ekaterina Tettsoeva

The purpose of the article is to identify the general situations emerging in the practice of road carriers and importing companies that relate to increased risk of damage and destruction of the goods and also to delivery delays because of the mismatch between the transport packaging which is provided by foreign suppliers of construction materials and the goods itself. The article gives pride of place to the recommendations on minimizing of the risks that are connected with transport and consumer packaging of construction materials delivered in Russia from abroad by truck. It has been noted noted that in the face of declining of effective demand for commercial and residential real estate one of the most widespread ways to reduce the costs of construction and, as a result, real estate value is cutting procurement expenditures. The author draws attention to the fact that one of the reasons for occurrence of additional expenses at the stage of procurement of the goods for construction needs could be total or partial incompatibility between, on the one hand, packing and wrapping materials and, on the other hand, both the materials carried and vehicles that are planned to transport the cargo. The article considers the features of general nomenclature groups of imported from Europe construction materials, gives the detailed analysis of the characteristics of the transport and consumer packaging and also the wrapping used in the process of its transportation. The author suggests the algorithm of coordinated actions of suppliers, buyers, local carriers from countries of consignment and logistics operators, which could be applied for reducing of the quantity of the incidents during the logistics handling connected with packing.


1971 ◽  
Vol 49 (10) ◽  
pp. 1255-1262 ◽  
Author(s):  
Jacques Bures ◽  
Claude Delisle

The experimental photocount distribution from a photocathode illuminated by a pseudothermal source is compared with theory. The detection time is much smaller than the coherence time [Formula: see text]. The agreement is excellent for an illuminated area composed of holes small enough to be considered as points and far enough to guarantee incoherence among them. But, for an extended circular area, the agreement is good only in the limits when that area is very small or very large with respect to the coherence area. Finally, we consider on the one hand, the evaluation of an extended detection area as a function of the number of statistically independent points, L, and on the other hand, the relative size of a physical point.


2020 ◽  
Vol 49 (2) ◽  
pp. 99-102
Author(s):  
James Sumberg ◽  
Rachel Sabates-Wheeler

This article outlines a tension that plays itself out in rural areas throughout Africa. On the one hand, it is recognized that children throughout the world engage in economic activity, and this is particularly so in rural areas. On the other hand, is the policy, corporate and NGO focus on the elimination of child labour from the production of a small number of African export commodities. We argue that a key to resolving this tension and opening the door to more effective interventions to address children’s harmful work is to reframe the problem of, and debates around, child labour by changing the focus to children’s work. The article briefly explores some implications of this shift.


Author(s):  
M. Sukharev

В статье рассмотрены проблемы приграничного сотрудничества в условиях роста цифровой экономики. С одной стороны, рост доли ИКТ в общем объеме экономической деятельности, их глобальный характер, нивелирующий локальные экономические эффекты и ставящий под вопрос значение локальных факторов, затрудняет приграничное сотрудничество. С другой стороны, ИКТ предоставляют новые средства для информирования о перспективных направлениях инвестиций и организации взаимодействия экономических акторов приграничных регионов. The article considers the problems of crossborder cooperation in the context of the growth of the digital economy. On the one hand, an increase in the share of ICTs in the total volume of economic activity, their global nature, leveling local economic effects and calling into question the importance of local factors, makes near crossborder cooperation difficult. On the other hand, ICTs provide new tools to inform about promising areas of investment and organize the interaction of economic actors in border regions.


Author(s):  
Ionica Oncioiu ◽  
Tatiana Dănescu ◽  
Maria-Alexandra Popa

Accounting and taxation are two key functions for optimal performance of an entity's economic activity. Accounting, on the one hand, helps to provide the information needed for decision-making, and taxation, on the other hand, helps to find resources and use them efficiently. These two systems cannot function properly without trust, without ethics. This chapter aims to study the issue of applying ethical conduct in the fiscal and accounting field as well as to analyze the causes and consequences of ethical and unethical conduct specific to the topic addressed. Also, this chapter aims to present some proposals and recommendations for solving the identified problems.


2019 ◽  
Vol 17 (1) ◽  
pp. 163-171
Author(s):  
Małgorzata Magdziarczyk

The article deals with the issue of freedom of economic activity with reference to Polish constitutional law and presents the manner of its perception resulting from the latter. This freedom, on the one hand, is presented as a constitutional principle of the economic system and, on the other hand – as one of the guaranteed constitutional freedoms of people and citizens.


Author(s):  
Stefan Krause ◽  
Markus Appel

Abstract. Two experiments examined the influence of stories on recipients’ self-perceptions. Extending prior theory and research, our focus was on assimilation effects (i.e., changes in self-perception in line with a protagonist’s traits) as well as on contrast effects (i.e., changes in self-perception in contrast to a protagonist’s traits). In Experiment 1 ( N = 113), implicit and explicit conscientiousness were assessed after participants read a story about either a diligent or a negligent student. Moderation analyses showed that highly transported participants and participants with lower counterarguing scores assimilate the depicted traits of a story protagonist, as indicated by explicit, self-reported conscientiousness ratings. Participants, who were more critical toward a story (i.e., higher counterarguing) and with a lower degree of transportation, showed contrast effects. In Experiment 2 ( N = 103), we manipulated transportation and counterarguing, but we could not identify an effect on participants’ self-ascribed level of conscientiousness. A mini meta-analysis across both experiments revealed significant positive overall associations between transportation and counterarguing on the one hand and story-consistent self-reported conscientiousness on the other hand.


2005 ◽  
Vol 44 (03) ◽  
pp. 107-117
Author(s):  
R. G. Meyer ◽  
W. Herr ◽  
A. Helisch ◽  
P. Bartenstein ◽  
I. Buchmann

SummaryThe prognosis of patients with acute myeloid leukaemia (AML) has improved considerably by introduction of aggressive consolidation chemotherapy and haematopoietic stem cell transplantation (SCT). Nevertheless, only 20-30% of patients with AML achieve long-term diseasefree survival after SCT. The most common cause of treatment failure is relapse. Additionally, mortality rates are significantly increased by therapy-related causes such as toxicity of chemotherapy and complications of SCT. Including radioimmunotherapies in the treatment of AML and myelodyplastic syndrome (MDS) allows for the achievement of a pronounced antileukaemic effect for the reduction of relapse rates on the one hand. On the other hand, no increase of acute toxicity and later complications should be induced. These effects are important for the primary reduction of tumour cells as well as for the myeloablative conditioning before SCT.This paper provides a systematic and critical review of the currently used radionuclides and immunoconjugates for the treatment of AML and MDS and summarizes the literature on primary tumour cell reductive radioimmunotherapies on the one hand and conditioning radioimmunotherapies before SCT on the other hand.


2003 ◽  
pp. 15-26
Author(s):  
P. Wynarczyk
Keyword(s):  
The Core ◽  

Two aspects of Schumpeter' legacy are analyzed in the article. On the one hand, he can be viewed as the custodian of the neoclassical harvest supplementing to its stock of inherited knowledge. On the other hand, the innovative character of his works is emphasized that allows to consider him a proponent of hetherodoxy. It is stressed that Schumpeter's revolutionary challenge can lead to radical changes in modern economics.


2018 ◽  
Vol 4 (1) ◽  
pp. 67-84
Author(s):  
Wahyudin Noor

Abstract Pesantren are often associated with backwardness and traditionalism in everything: facilities, technology, learning methods, and even the curriculum. For now, it seems like the traditional term for pesantren is no longer relevant enough. The pace of movement in the era of renewal marked by the rapid development of technology has demanded pesantren to make adjustments. However, on the one hand, when viewed from the direction of change, the reform efforts pursued by pesantren are not to erase the old tradition, but merely to add something new so that the old tradition and conditions can be maintained while accepting the presence of a new one. On the other hand, the reform efforts undertaken by pesantren have implications for the fact that the typical values of the pesantren are fading away. Abstrak  Pesantren seringkali diasosiasikan dengan keterbelakangan dan tradisional dalam segala hal: fasilitas, teknologi, metode pembelajaran, dan bahkan kurikulumnya. Untuk saat ini, sepertinya istilah tradisional untuk pesantren, sudah tidak lagi cukup relevan. Laju gerak pembaharuan zaman yang ditandai dengan pesatnya perkembangan teknologi telah menuntut pesantren untuk melakukan penyesuaian diri. Kendatipun demikian, di satu sisi, jika dilihat dari arah perubahan, upaya pembaharuan yang ditempuh pesantren tidaklah untuk menghapus tradisi yang lama, tetapi sekadar menambah dengan sesuatu yang baru sehingga tradisi maupun kondisi yang lama bisa dipertahankan sambil menerima kehadiran yang baru. Di sisi yang lain, upaya pembaharuan yang dilakukan pesantren ternyata berimplikasi pada kenyataan akan semakin pudarnya nilai-nilai khas yang dimiliki oleh pesantren.


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