Brazilian Immigrant Entrepreneurs in Portugal and the Challenges of Crowdfunding

The objective of the study is to understand the degree of knowledge that immigrant entrepreneurs in Portugal have about crowdfunding and the predisposition they have for using this financial mechanism, and the related perceptions about benefits and risks. The chapter uses a quantitative approach, based on an online survey sent to immigrant entrepreneurs in Portugal. The results show that immigrant entrepreneurs have some knowledge about the general features of CF. However, most of them are not aware of the specificities of CF business models. Regarding the predisposition for using CF, the research reveals that although there is some predisposition, it is not very high among Brazilian immigrant entrepreneurs. The results also show that the respondents recognise the benefits of CF, specifically the project's visibility that the CF platform can offer. However, immigrant entrepreneurs' main concern is essentially related to the fear of not being able to obtain the necessary pledging goal.

Organizational and financial mechanism for ensuring financial and economic security of the banking-system

an organizational and financial mechanism for ensuring the financial and economic security of a commercial bank is proposed, which, in real time and in situations that cannot be controlled using traditional methods, will minimize potential risks and change the internal institutional environment, positively affecting the financial and economic security of the country's banking system. It is shown that economic growth as a factor of national security is supported by the effective functioning of the banking system and the priority of long-term bank loans provided in the form of investments, which makes it possible to determine the relationship between the growth of the country's economy and the level of financial and economic security of the banking system. The main approaches to ensuring the financial and economic security of the banking system are considered, which include the structure of the primary interests of a commercial bank and indicators of the level of financial and economic security of the banking sector of Ukraine in order to ensure economic stabilization and strengthen the economic potential of the bank. It was noted that an adequate and fundamental marketing strategy will help to promote the growth of the bank's profitability, attract additional customers, form a resource base and reduce risk in banking. Mortgage lending is considered as the most effective tool for attracting funds from the population to the investment sector and meeting their needs for housing. A distinctive feature of the presented organizational and financial mechanism is the use of strategic management methods to form economic resources, improve the image and level of security of information systems, organize effective management of the bank's personnel, which will create conditions for ensuring the proper level of protection against negative factors and threats and increasing the competitiveness of the bank due to increasing the efficiency of the provision of banking services, preserving banking secrecy and the client base, creating new banking products

Designing a Financial Mechanism for a “Technological Breakthrough”. How to “Format” Own Ecosystems so That Other People's Digital Devices and Financiers Should Not “Format” Us

Acceleration of technological and institutional development results in reduced lags between innovations and their installation in the economy and society, which modifies long-wave patterns (but doesn't cancel them). In this regard, the question arises on the possibility of a "Russian economic miracle" on a new financial and digital basis. This is a question about ecosystems (digital platforms — a relatively recent complex financial and production innovation), the prototypes of which, however, have already been in history. Historical studies of protoecosystems and modern ecosystems, addressed by the author, allow us to answer the question: “ecosystem” (convergent) technologies are a factor undermining macroeconomic stability in the interests of a narrow circle of global and local players and (or) a mechanism for changing technological and institutional patterns (?!).

FEATURES OF FINANCIAL MANAGEMENT IN INTERNATIONAL ECONOMIC ACTIVITY

The article identifies the features of financial management in international economic activity in terms of limiting economic relations associated with the COVID-19 pandemic. It is clear that the current state of the economy requires the spread of international economic activity at both macro and micro levels, as only provided that the integrated system of economic relations between the national economies of different countries and the benefits of international cooperation, it is possible to avoid economic and social problems associated with the COVID-19 pandemic. It is noted that Ukraine’s active participation in world economic processes requires economy. In turn, the transformation processes in Ukraine require a clear coordination of actions in all areas and parts of the financial system, which is the conceptual basis of a new model of economic and social development of the state. Such a model should combine the constant improvement of the welfare of society and every citizen and the formation of a competitive national economy in Ukraine, which would be organically integrated into global economic processes and take a worthy place in them. It is determined that Ukraine’s international economic activity has a very great potential in the development of economic relations, despite the existing problems, the solution of which is the key to future success in the development of trade in the international market. A SWOT-analysis of Ukraine’s international economic activity was conducted, which revealed trends in the development of foreign economic activity. The financial mechanism of development of the international economic activity (IEC) which is an element of management and the regulator of foreign economic relations is offered. The concept of IEC financial management is proposed, which substantiates the purpose and main tasks, which are specified at the micro and macro levels. It is concluded that many problems of financial management in international economic activity should be addressed primarily at the macro level, i.e. public institutions. Keywords: financial management, international economic activity, financial mechanism, concept. JEL Classіfіcatіon F30, G20 Formulas: 0; fig.: 3; tabl.: 1; bibl.: 10.

STRATEGIC VECTORS OF FUNCTIONING OF THE FINANCIAL MECHANISM FOR REGULATION OF THE AGRICULTURAL SECTOR DEVELOPMENT IN UKRAINE

The article presents the strategic guidelines of the financial mechanism for state regulation of the domestic agricultural sector development: state regulation methods of the agricultural sector development do not directly relate to this sphere, but affect the efficiency of its operation; protection of agricultural producers in the domestic market, stimulation of the export of agricultural products and food, promotion of the creation of a single agricultural market, creation of favorable conditions for import of machinery and technologies that increase the competitiveness of domestic agricultural producers; development of the regulatory framework for the functioning of the agricultural sector of the country; improvement of land relations; ensuring the development of production infrastructure, which involves the allocation of public funds for long-term activities: subsidies for the construction of farm buildings, land reclamation, as well as promotion of the establishment of farmers' associations; development of integration processes in the agricultural sector; promotion of the intensification of investment processes in agriculture; provision of commodity producers with agricultural machinery, development and improvement of leasing activities; regulation of rational use of natural resources; regulation and support of research activities. The financial mechanism of state regulation of the development of the agricultural sector in Ukraine is represented by a set of organizational and functional institutions, among which public authorities occupy a prominent place. The basic and determining institution for the agricultural sector development in Ukraine is the institution of the state, which covers the system of legislative, executive and judicial authorities, functioning of which affects all components of public life. Key words: agricultural sector, financial mechanism, state regulation, development, financial and credit policy