scholarly journals Should the government intervene in the economy?

2020 ◽  
pp. 215-225
Author(s):  
Tito Belchior Silva Moreira ◽  
Joaquim Ramalho de Albuquerque ◽  
Dany Rafael Fonseca Mendes ◽  
Fernando Antonio R. Soares
Keyword(s):  
Economic Policies ◽  
Real Economy ◽  
The Real ◽  
Austrian Theory ◽  
Governmental Intervention ◽  
Productive Structure ◽  
The Government

This paper discuss the effects of the governmental intervention on the economy based on Austrian and Keynesian School approach. In this sense, we show that the Austrian theory of crises is nothing more than a particular application of the theory about the deeds of wrong co-ordination of government’s intervention in the areas of fiscal, monetary and credit, which always originates in a systematic discoordination (intra and inter-temporal) of the real economy productive structure. In other words, the crises are the results of government’s interventions through economic policies.

Loan for Manufacturers Will Become More Affordable

Auditor ◽  
2018 ◽  
Vol 4 (3) ◽  
pp. 3-9
Author(s):  
Е. Смирнов ◽  
E. Smirnov
Keyword(s):  
Syndicated Loans ◽  
Real Economy ◽  
Federal Law ◽  
The Real ◽  
The Government

Entered into force in February this year, the federal law on syndicated loans, according to analysts of the Russian Parliament and the Government of Russia, will signifi cantly increase lending in the real economy and at the same time reduce the risks of creditors.

scholarly journals Determinants of Non-Performing Loans for the EEC Region. A Financial Stability Perspective

2020 ◽  
Vol 15 (4) ◽  
pp. 621-642
Author(s):  
Luminita Roxana Tatarici ◽  
Matei Nicolae Kubinschi ◽  
Dinu Barnea
Keyword(s):  
Financial Stability ◽  
Fixed Effects ◽  
Banking Sector ◽  
Real Economy ◽  
Macroeconomic Factors ◽  
The Real ◽  
Macroeconomic Conditions ◽  
Governance Indicators ◽  
Credit Cycle ◽  
The Government

AbstractThis article investigates the determinants of non-performing loans for a panel of EEC countries and the implications for the real economy, covering the period 2005-2017. Among the determinants, the paper proposes macroeconomic factors, banking sector variables, and cost and governance indicators. Additionally, the paper explores the extensive use of macroprudential measures in these countries. Using a panel with fixed effects and a dynamic GMM estimator, the results support the existing findings that adverse macroeconomic developments are generally associated with higher non-performing loans, while increases in NPLs have a rather transitory effect on the real economy and credit. NPL ratios increase if macroeconomic conditions deteriorate, while an improvement in the government effectiveness reduces them. A more profitable and better capitalized banking sector generally leads to lower NPLs. Moreover, countries with higher past credit growth rates witnessed higher NPLs in the periods that followed. These results support the use of macroprudential measures for increasing the resilience of borrowers, such as limits on the indebtedness level (such as debt service-to-income, DSTI or loan-to-value, LTV caps), as tools to temper the credit cycle.

Brazil impeachment battle will do short-term damage

2015 ◽  
Keyword(s):  
Financial Markets ◽  
First Year ◽  
Real Economy ◽  
Short Term ◽  
Content Type ◽  
The Real ◽  
The Government ◽  
Legal Grounds ◽  
Deep Recession ◽  
Foregone Conclusion

Significance This comes near the end of a tremendously challenging first year of Rousseff's second term, marked by collapsing popularity, mass protests and deep recession. However, impeachment is far from a foregone conclusion. The legal grounds are unclear and the government seems more likely than not to have enough congressional support to stave off the process. Indeed, the timing could increase the odds that Rousseff will complete her term. Impacts Financial markets will be especially volatile in the coming months. At best, a recovery in the real economy will not start before late 2016 or even 2017. Nevertheless, impeachment turbulence could gradually lead to more stable politics.

Russia to survive but not thrive on current sanctions

2018 ◽  
Keyword(s):  
Real Economy ◽  
Content Type ◽  
The Real ◽  
Russian Economy ◽  
The Government ◽  
Trickle Down

Significance The government insists it can ride out broader US and EU sanctions dating from 2014, a view supported by the Standard & Poor's (S&P) rating agency's July assessment that the Russian economy is strong enough to withstand new sanctions. Impacts While its food import ban will continue, Russia's ability to hit back with further counter-sanctions is limited. Sectoral sanctions against banks will trickle down to the real economy, impeding its expansion. Pro-Western, liberal voices will be marginalised as long as sanctions are in place.

The Russian Oligarchs, from Yeltsin to Putin

2015 ◽  
Vol 23 (4) ◽  
pp. 583-596 ◽  
Author(s):  
Chaim Shinar
Keyword(s):  
Mass Media ◽  
Political Party ◽  
Real Economy ◽  
The Real ◽  
Rich People ◽  
The Mass Media ◽  
The Government

Yeltsin’s oligarchy1was 15, or even 20 or even 50, very rich people who featured all the time in the mass media. They were very ambitious. They were prepared to go openly i1nto the government or Duma, or to finance a political party. They were well known because they were popular. However, it would be difficult to argue that they controlled any part of the real economy.

scholarly journals M. Ashraf Janjua. History of the State Bank of Pakistan (1978-1988). Karachi: State Bank of Pakistan. 2003. 790 pages. Hardback. Price not given.

2003 ◽  
Vol 42 (2) ◽  
pp. 161-166 ◽  
Author(s):  
A R Kemal
Keyword(s):  
Economic Development ◽  
The State ◽  
Economic Policies ◽  
The Real ◽  
Role Of The State ◽  
Organisation And Administration ◽  
History Of ◽  
Select Bibliography ◽  
The Government ◽  
Proper Perspective

History of the State Bank of Pakistan (1978-1988) contains the major events relating to the real and financial sectors of the economy as well as a rich analysis of economic development in Pakistan. Although the book’s main focus is the 1977-88 period, it also traces the developments since Independence up to 1972 to put relevant decade in its proper perspective. As such, the book would help in better understanding of the economic reforms that have been undertaken since 1988. It is also an important contribution towards understanding the evolution of economic policies in Pakistan. There are twelve chapters relating to various aspects of growth in the real sectors; monetary policies and credit management; regulatory framework and prudent regulations; supervision of banks; exchange rate management; the State Bank and the government; role of the State Bank in economic development; Islamisation of banks; and management organisation and administration of the State Bank of Pakistan, followed by four appendices, a select bibliography, and an index.

Critical Success Factors in Russian R&D Projects in the Real Economy

2010 ◽  
pp. 41-61
Author(s):  
V. Andreev
Keyword(s):  
Empirical Research ◽  
Critical Success Factors ◽  
Success Factors ◽  
Innovation Process ◽  
Real Economy ◽  
Key Factors ◽  
Industrial Products ◽  
Successful Development ◽  
The Real ◽  
Critical Success

The article discusses the concept of "success" in relation to innovative business and its performance. The quantity of innovative projects that can consistently overcome the stages of the innovation process to achieve the desired result is defined. The author presents the results of empirical research of successful and unsuccessful projects of leading Russian innovative companies in various industries, identifies key factors of successful development of new industrial products.

Global Financial Crisis and Its Impact on Russia

2009 ◽  
pp. 9-27 ◽  
Author(s):  
A. Kudrin
Keyword(s):  
Monetary Policy ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Central Bank ◽  
Global Financial Crisis ◽  
Developed Countries ◽  
Real Economy ◽  
Energy Prices ◽  
Russian Government ◽  
The Real

The article examines the causes of origin and manifestation of the current global financial crisis and the policies adopted in developed countries in 2007—2008 to deal with it. It considers the effects of the financial crisis on Russia’s economy and monetary policy of the Central Bank in the current conditions as well as the main guidelines for the fiscal policy under different energy prices. The measures for fighting the crisis that the Russian government and the Central Bank use to support the real economy are described.

Crisis Reactions and Their Consequences for the Real Sector of the Russian Economy

2011 ◽  
pp. 39-50
Author(s):  
V. Lushin
Keyword(s):  
Financial Crisis ◽  
Acute Phase ◽  
Dutch Disease ◽  
Added Value ◽  
Real Sector ◽  
The Real ◽  
Balanced Development ◽  
Russian Economy ◽  
The Government ◽  
State Modernization

The author analyzes factors that led to a deeper fall in output and profitability in the real sector of the Russian economy in comparison with other segments during the acute phase of the financial crisis. It is argued that some contradictions in the government anti-recession policy, activities of the financial sector and natural monopolies lead to pumping out added value created in manufacturing and agriculture, increase symptoms of the «Dutch disease», etc. It is shown that it may threaten the balanced development of the Russian economy, and a set of measures is suggested to minimize these tendencies and create a basis for the state modernization policy.

STATE SUPPORT FOR «GREEN» INVESTMENTS AND MARKET «GREEN» FINANCING: FOREIGN EXPERIENCE

2019 ◽  
pp. 97-108
Author(s):  
L.S. Kabir
Keyword(s):  
Economic Growth ◽  
Government Support ◽  
Policy Support ◽  
Green Economy ◽  
Economic Policies ◽  
State Support ◽  
Green Technologies ◽  
Foreign Countries ◽  
The Government ◽  
Green Investments

The present study reveals the trends and features of the current state of financing the foreign countries’ transition to a new «green» economic growth model. To summarize the contemporary experience of countries’ integration into public administration practice the approaches and standards in the field of «green» investments financing.The subject of the study is the set of measures implemented by countries to develop sources of finance for «green» economy projects.Tasks: 1) to consider the principal directions of the «green» investments state policy support, its purpose, and the tools used; 2) to identify the market’s role in the «green» economy financing; 3) to clarify the main issues constraining private investments in «green» projects. The countries’ approach to «green» economic growth financing is examined in the present paper by means of common methods of scientific knowledge.There reviewed the arguments justifying the government support for «green» investments. There revealed the problems constraining the market «green» financing development and speculations about their origins. The study concludes that the countries’ economic policies are aimed at improving the existing model’s efficiency, not at the transition to the new «green» economy model. Thus, through the state support tools, there being generated strong signals signifying the creation of favorable market conditions for the functioning of a new economy sector – the sector of «green» technologies.

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