scholarly journals MAIN ESSENCE AND HISTORY OF GLOBAL FINANCIAL MARKETS

2021 ◽  
Vol 7 (3(43)) ◽  
pp. 7-13
Author(s):  
Tofig Aliyev

Global financial markets play an essential role in the economic growth and evolution of international relations. It allows rational and efficient distribution of monetary resources between those who save and those who invest and by that it supports flow of the capital. In the recent year’s importance of financial markets has largely increased, which can be seen in the rapid change of statistics of the number and volume of market. Moreover, development of different financial instruments stimulates the growth of businesses which in the end result in positive trend of the country`s economic indexes. Considering that expansion of mobilization and redistribution instruments of financial markets has positive impact on growth of economy, this article tracks down history of establishment and main essences of global financial market, as well as changes which can be tracked throughout these years.

This chapter explores theoretical issues relevant to the history of finance in the literature. The chapter reviews primary research in the areas of economic growth and incorporation of the financial sector that led to the evolutionary process of financial liberalisation and the restructure of financial markets. Different strands of the theory and various schools of thought that (positively) link finance and growth since 1960s are reviewed. Characteristics and rationale behind these schools are debated. Later in the chapter, the theory of financial intermediation that emerged in the New Growth Theory of economic development is discussed and major types of financial market structures including bank-based financial markets and market-based financial markets are distinguished.


2009 ◽  
Vol 29 (2) ◽  
pp. 403-417 ◽  
Author(s):  
Rodrigo José Pires Ferreira ◽  
Adiel Teixeira de Almeida Filho ◽  
Fernando Menezes Campello de Souza

This study presents one approach to investing in the financial markets using a decision theory point of view, where the main decision is to choose an investment portfolio, based on economic indexes, in order to predict future investments based on historical data, which minimizes the risk involved. The decision model is based on Decision Theory and Bayesian Analysis and the application uses Brazilian financial market data from January 1998 to June 2005 as an input.


2005 ◽  
Vol 4 (1) ◽  
pp. 73-86 ◽  
Author(s):  
David Wetherell

Every discipline which deals with the land question in Canaan-Palestine-Israel is afflicted by the problem of specialisation. The political scientist and historian usually discuss the issue of land in Israel purely in terms of interethnic and international relations, biblical scholars concentrate on the historical and archaeological question with virtually no reference to ethics, and scholars of human rights usually evade the question of God. What follows is an attempt, through theology and political history, to understand the history of the Israel-Palestine land question in a way which respects the complexity of the question. From a scrutiny of the language used in the Bible to the development of political Zionism from the late 19th century it is possible to see the way in which a secular movement mobilised the figurative language of religion into a literal ‘title deed’ to the land of Palestine signed by God.


2019 ◽  
Vol 9 (4) ◽  
pp. 218-221
Author(s):  
Albina Imamutdinova ◽  
Nikita Kuvshinov ◽  
Elena Andreeva ◽  
Elena Venidiktova

Abstract The article discusses the research activities of Vladimir Mikhailovich Khvostov, his creative legacy on issues and problems of international relations of the early ХХ century; the life of V.M. Khvostov, characterization and evolution of his approaches and views on the history of international relations, foreign policy. A prominent organizer and theorist in the field of pedagogical Sciences, academician Vladimir Mikhailovich Khvostov played a significant role in the formation of the Academy of pedagogical Sciences of the USSR – the all-Union center of pedagogical thought. As its first President, he paid great attention to the development and improvement of the system of humanitarian education in the school, taking into account all the tasks and requirements imposed by the practice of Communist construction in our country. In his reports and speeches at various scientific sessions and conferences, he repeatedly emphasized the exceptional importance of social Sciences in the training of not only educated girls and boys, but also in the formation of politically literate youth.


2018 ◽  
Vol 28 (6) ◽  
pp. 1835-1847
Author(s):  
Vladimir Tomashevic ◽  
Hatidza Berisha ◽  
Aleksandar Cirakovic

In this paper the authors proceed from defining the concept of balance of forces, theoretical understanding of the balance of forces from the aspect of the scientific understanding of the realistic theory of international relations with concrete examples from the history of international relations. However, the focus of the work is an analysis of the power between a single world power (USA) and major powers (Russia, China) in a possible balance of power.The aim of the paper is to try to point out, through a relatively brief review, the possibility of establishing a balance of forces in the 21st century.


Author(s):  
Gerald M. Mara

This book examines how ideas of war and peace have functioned as organizing frames of reference within the history of political theory. It interprets ten widely read figures in that history within five thematically focused chapters that pair (in order) Schmitt and Derrida, Aquinas and Machiavelli, Hobbes and Kant, Hegel and Nietzsche, and Thucydides and Plato. The book’s substantive argument is that attempts to establish either war or peace as dominant intellectual perspectives obscure too much of political life. The book argues for a style of political theory committed more to questioning than to closure. It challenges two powerful currents in contemporary political philosophy: the verdict that premodern or metaphysical texts cannot speak to modern and postmodern societies, and the insistence that all forms of political theory be some form of democratic theory. What is offered instead is a nontraditional defense of the tradition and a democratic justification for moving beyond democratic theory. Though the book avoids any attempt to show the immediate relevance of these interpretations to current politics, its impetus stems very much from the current political circumstances. Since the beginning of the twenty-first century , a series of wars has eroded confidence in the progressively peaceful character of international relations; citizens of the Western democracies are being warned repeatedly about the threats posed within a dangerous world. In this turbulent context, democratic citizens must think more critically about the actions their governments undertake. The texts interpreted here are valuable resources for such critical thinking.


Econometrica ◽  
2019 ◽  
Vol 87 (5) ◽  
pp. 1561-1588 ◽  
Author(s):  
Saumitra Jha ◽  
Moses Shayo

Can participation in financial markets lead individuals to reevaluate the costs of conflict, change their political attitudes, and even their votes? Prior to the 2015 Israeli elections, we randomly assigned Palestinian and Israeli financial assets to likely voters and incentivized them to actively trade for up to 7 weeks. No political messages or nonfinancial information were included. The treatment systematically shifted vote choices toward parties more supportive of the peace process. This effect is not due to a direct material incentive to vote a particular way. Rather, the treatment reduces opposition to concessions for peace and changes awareness of the broader economic risks of conflict. While participants who were assigned Palestinian assets are more likely to associate their assets' performance with peace, they are less engaged in the experiment. Combined with the superior performance of Israeli stocks during the study period, the ultimate effects of Israeli and Palestinian assets are similar.


2021 ◽  
Vol 43 (1) ◽  
pp. 36-51
Author(s):  
Alicja Ponder ◽  
Ewelina Hallmann ◽  
Martyna Kwolek ◽  
Dominika Średnicka-Tober ◽  
Renata Kazimierczak

Anthocyanins are widely distributed secondary metabolites that play an essential role in skin pigmentation of many plant organs and microorganisms. Anthocyanins have been associated with a wide range of biological and pharmacological properties. They are also effective agents in the prevention and treatment of many chronic diseases. Berries are particularly abundant in these compounds; therefore, their dietary intake has health-promoting effects. The aim of this study was to identify and determine the anthocyanin content in selected species and cultivars of berry fruits, such as raspberry, blackberry, red currant, blackcurrant, and highbush blueberry, widely consumed by Europeans. The concentrations of anthocyanins were determined by HPLC, identifying individual compounds: cyanidin-3-O-glucoside, pelargonidin-3-O-glucoside, delphinidin-3-O-glucoside, delphinidin-3-O-rutinoside, cyanidin-3-O-rutinoside, delphinidin-3-O-galactoside, cyanidin-3-O-galactoside, and malvidin-3-O-galactoside. The experimental data showed that the selected species and cultivars of berry fruits differ significantly in the contents of anthocyanins. Among all species tested, blackberry and blackcurrant were characterized significantly by the highest content of anthocyanins (sum), while the lowest content was found in red currant fruits. Additionally, the content of individual anthocyanin compounds in particular species and cultivars was also different. Considering the high content of anthocyanins and their potential positive impact on human health and protection against disease, berries should be part of healthy nutrition.


2019 ◽  
Vol 23 (1) ◽  
pp. 292-301
Author(s):  
Norbert Groeben

Abstract Even though it is widely agreed in education theory and psychology that the teacher’s charisma plays an essential role in teaching literature in school, the concept of charisma as a factor of effective teaching is usually applied only in the widest and most abstract sense. In scrutinizing the history of teaching methods, psychology, and literary theory in the second half of the 20th century, this paper identifies the cognitive and emotional aspects of reading literature that are prerequisite to charismatic teaching. Finally, it suggests that these aspects can be explained by drawing on phenomenological literary theory, i.e. that the notion of the teacher’s charisma can be founded in phenomenology.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Kátia Cristina Dantas ◽  
Thais Mauad ◽  
Carmen D. Saldiva de André ◽  
Ana Luiza Bierrenbach ◽  
Paulo Hilário Nascimento Saldiva

AbstractAutopsy continues to play an essential role in monitoring opportunistic fungal infections. However, few studies have analysed the historical trends of fungal infections in autopsies. Here, we analyse available data on fungal infections obtained from autopsy reports during 85 years of autopsies performed by the largest autopsy service in Brazil. All invasive fungal infections presented in autopsy reports between 1930 and 2015 were included. Of the 158,404 autopsy reports analysed, 1096 involved invasive fungal infections. In general, paracoccidioidomycosis (24%) was the most frequent infection, followed by candidiasis (18%), pneumocystosis (11.7%), cryptococcosis (11%), aspergillosis (11%) and histoplasmosis (3.8%). Paracoccidioidomycosis decreased after the 1950s, whereas opportunistic fungal infections increased steadily after the 1980s during the peak of the AIDS pandemic. The lung was the most frequently affected organ (73%). Disseminated infection was present in 64.5% of cases. In 26% of the 513 cases for which clinical charts were available for review, the diagnosis of opportunistic fungal infections was performed only at autopsy. Our unique 85-year history of autopsies showed a transition from endemic to opportunistic fungal infections in São Paulo, Brazil, reflecting increased urbanization, the appearance of novel diseases, such as AIDS in the 1980s, and advances in medical care over time.


Sign in / Sign up

Export Citation Format

Share Document