scholarly journals Estimation of fintech market in Ukraine in terms of global development of financial and banking systems

2018 ◽  
Vol 7 (2) ◽  
pp. 14-23 ◽  
Author(s):  
Józef Antoni Haber ◽  
Iryna D'yakonova ◽  
Ann Milchakova
Keyword(s):  
Market Structure ◽  
National Economy ◽  
Technology Development ◽  
Banking System ◽  
Global Development ◽  
Banking Systems ◽  
Banking Market ◽  
Methodological Approaches

This paper examines the fintech concept and fintech market structure. The theoretical and methodological approaches to the adaptation of the Ukrainian banking market to fintech in terms of globalization are investigated. The problems of Ukrainian banking system reforming after the national economy long-term recession are determined. Phases of technology development in the Ukrainian banking system are considered and fintech innovations in Ukraine are discovered.

scholarly journals Trends in the development of the banking system in the Far North of the Russian Federation

2020 ◽  
Vol 210 ◽  
pp. 13041
Author(s):  
Lyudmila Pushkareva ◽  
Mikhail Pushkarev
Keyword(s):  
Russian Federation ◽  
National Economy ◽  
Commercial Banks ◽  
Banking System ◽  
Financial Resources ◽  
Real Sector ◽  
Political Situation ◽  
Far North ◽  
The Russian Federation

In this paper, the author summarizes the main problems that have to be solved by regional commercial banks and, in particular, banks in the Far North and equivalent territories in the current political situation and conditions of economic sanctions. The country's banking system is not adequate to the needs of the national economy and is unable to provide resources for the country's modernization. The ability of banks to finance the needs of the real sector is significantly constrained by the lack of long-term and cheap financial resources from the banks themselves.

scholarly journals Analysis of Islamic Banking Market Structure in Indonesia with Panzar-Rosse Model Approach

2019 ◽  
Vol 2 (2) ◽  
pp. 122-133
Author(s):  
Kiki Hardiansyah Siregar ◽  
Ahmad Qarib ◽  
Dede Ruslan
Keyword(s):  
Panel Data ◽  
Market Structure ◽  
Banking Industry ◽  
Secondary Data ◽  
Islamic Banking ◽  
Analysis Model ◽  
Banking Market ◽  
Monopoly Market ◽  
Equilibrium Test

The purpose in this study is to determine and analyze the market structure of the Islamic banking industry in Indonesia according to the Panzar-Rosse model and the level of competition between Islamic banking industry in Indonesia. To find out the market structure of the islamic banking industry it must be analyzed the effect of EAR, NPF, BOPO, FAR, FS, PL, PFF, PCE on the performance of Islamic banking as measured by ROA. The data used to answer and achieve these objectives is used secondary data from Islamic banks in Indonesia which has the largest asset ratings for a period of 6 years using the selected panel data method on the basis of Tests. The analysis model related to market structure uses the Panzar-Rosse model by looking for the H-statistic value and identified the Islamic banking equilibrium test on the panel data model of the performance of bank  in Indonesia. This study found that the performance of Islamic banking measured by ROA simultaneously affected EAR, NPF, BOPO, FAR and FS and Panzar-Rosse approach will produce H-Stat value which is the sum of three main coefficients ofbanking inputs (labor, capital and funds). With H-Stat valued at 0.735 can be concludedthat the islamic banking industry in indonesia into the category of monopolistic market.The levels of the Islamic banking industry of Bank BNI, Bank BRI, Bank Panin and Bank Bukopin are monopolistic market while Bank Muamalat and Bank Mandiri are directed towards a joint monopoly market in the position of long-term equilibrium.

scholarly journals Financial Technology: Development of Innovative Fintech Start-Ups and Its Application in Banking System of Uzbekistan

2021 ◽  
Vol 8 (9) ◽  
pp. 214
Author(s):  
Shamsiddin Amanullaevich Allayarov ◽  
Maktuba Ravshanova
Keyword(s):  
Financial Stability ◽  
Banking Sector ◽  
Technology Development ◽  
Banking System ◽  
Industrial Sector ◽  
Economic Relations ◽  
Banking Market ◽  
Economic Growth Rates ◽  
Start Ups ◽  
Financial Technology

In the context of globalization, labor migration, trade and capital movements, tourism, foreign investment, IT are affected by the economic growth rates of countries. Periodic disclosure of reforms in the new Uzbekistan, the beginning of socio-economic relations provided opportunities for modernization, technical and technological re-equipment of the industrial sector. In particular, the need for financial technology in commercial banks is important to conduct research in this area. The influence of fintech is beginning to be felt in the banking sector and capital markets. This article surveys its development and its impact on efficiency, banking market structure, strategies of incumbents and entrants, and financial stability.

scholarly journals Startup ecosystem: the experience of Israel

2021 ◽  
Vol 7 (3) ◽  
pp. 43-49
Author(s):  
N. P. Savina ◽  
E. A. Karpova
Keyword(s):  
Intellectual Property ◽  
Venture Capital ◽  
National Economy ◽  
Technology Development ◽  
Developed Countries ◽  
Foreign Companies ◽  
Domestic Investments ◽  
Per Capita ◽  
The Stability

Israel is one of the most favorable countries for conducting entrepreneurial and innovative activities with the largest number of startups per capita. The article analyzes the culture of creating startups that has developed in Israel as a result of the state policy aimed at developing venture capital and attracting foreign TNCs to the country. Within the framework of this culture, startup projects are in most cases created with the aim of actively attracting funds and selling them to foreign companies as soon as possible to make a profit. However, this model poses a threat to the stability of the economy in the long term. There is a shortage of large stable companies in the country that are able to carry out domestic investments. Moreover, there is a leakage of the most popular and progressive technologies from the country, attention is paid more to the number of new startups and their capitalization, rather than rooting within the country. As a result, Israel is characterized by one of the lowest indicators of the level of technology development among developed countries. To ensure the long-term competitiveness of the country, reforms are needed aimed at retaining intellectual property within the country and its implementation in the branches of the national economy.

scholarly journals Banking Competition and Efficiency: Empirical Analysis on the Bosnia and Herzegovina Using Panzar-Rosse Model

2015 ◽  
Vol 6 (1) ◽  
pp. 72-92 ◽  
Author(s):  
Deni Memić
Keyword(s):  
Market Structure ◽  
Bosnia And Herzegovina ◽  
Banking Sector ◽  
Monopolistic Competition ◽  
Scientific Literature ◽  
Monopoly Power ◽  
Banking Competition ◽  
Banking Market ◽  
Bank Concentration

Abstract Background: Competition in the banking industry has been an important topic in the scientific literature as researchers tried to assess the level of competition in the banking sector. Objectives: This paper has an aim to investigate the market structure and a long term equilibrium of the banking market in Bosnia and Herzegovina nationwide as well as on its constitutional entities as well as to evaluate the monopoly power of banks during the years 2008-2012. Methods/Approach: The paper is examining the market structure using the most frequently applied measures of concentration k-bank concentration ratio (CRk) and Herfindahl-Hirschman Index (HHI) as well as evaluating the monopoly power of banks by employing Panzar-Rosse “H-statistic”. Results: The empirical results using CRk and HHI show that Bosnia and Herzegovina banking market has a moderately concentrated market with a concentration decreasing trend. The Panzar-Rosse “H-statistic” suggests that banks in Bosnia and Herzegovina operate under monopoly or monopolistic competition depending on the market segment. Conclusions: Banks operating on the banking market in Bosnia and Herzegovina seem to be earning their total and interest revenues under monopoly or perfectly collusive oligopoly.

scholarly journals MONETARY CIRCULATION AND BANKS IN THE INTERPRETATION OF THE MAIN ECONOMIC SCHOOLS

2021 ◽  
Vol 7 (4) ◽  
pp. 116-122
Author(s):  
Maryna Korol ◽  
Ihor Korol ◽  
Olena Zayats
Keyword(s):  
Economic Growth ◽  
Open Economy ◽  
Banking Sector ◽  
Financial Intermediation ◽  
Banking System ◽  
Systematic Analysis ◽  
Banking Systems ◽  
Regulatory Constraints ◽  
Wide Range

The topicality of the research lies in the fact that the long-term evolution of financial markets, reinforced by global transformations, has led to the development of convergent processes in banking activities in the presence of significant paradigmatic differences between the major banking systems of the world. The existing peculiarities in the mechanisms and methods of regulation of the banking sector within individual countries have caused drastic changes in views on the nature of the bank and its activities. The traditional view of banks as institutions of financial intermediation, providing the exchange of monetary assets between the owners of savings and borrowers, does not provide for the creation of new money. Instead, proponents of the alternative viewpoint emphasize that in today's world banks finance borrowers mainly through the mechanism of money emission. Both points of view are present to varying degrees in various theoretical and conceptual approaches to understanding the essence of the bank as an institution of financial intermediation. The current economic realities require a detailed study of national banking systems, which largely developed historically, and methodological aspects of their evolution in the context of global transformations. The research subject. In the process of evolution of theoretical and conceptual approaches to the definition of the essence of money, banks, the banking system, the prevailing point of view on this issue has not yet taken a definite form. Nevertheless, the recognition of the effectiveness of banks as a factor of economic growth brings together the positions of competing schools of economic theory. Banks become a factor in the investment process even in the theoretical models of the neoclassical school, which traditionally denies the dependence of economic growth on the money supply. Endogenous growth models recognize the role of banks primarily as a factor in accumulating capital and increasing savings, as well as a mediator between owners of savings and borrowers. Although the Keynesian school of thought initially gave little weight to the functioning of the banking system, neo-Keynesian models have attempted to explain the importance of confidence in the banking system and the need for sound regulatory constraints. The above-mentioned has urged us to carry out this research. The methodological framework of the research is based on an analysis of research on the global debate about the nature of banks in the economy and the architecture of monetary policy. A wide range of theoretical and empirical research methods were used: systematic analysis, synthesis and generalization to formulate conclusions. The aim of the research is to generalize and systematize the evolution of perspectives on money in the interpretations of today’s main economic schools. Conclusion. The findings consist of a conceptualization views' evolution on money, the banking sector in a more open economy to capital flows, and our firm belief that the banking system and the related process of money issuance affect income levels cyclically and over the long term.

scholarly journals BANKING CONCENTRATION IMPACT ON MARKET STRUCTURE OF POST-SOVIET AND EU MEMBER COUNTRY – ESTONIA

2020 ◽  
pp. 77-85
Author(s):  
ILIA BOTSVADZE
Keyword(s):  
Financial Markets ◽  
Market Structure ◽  
Member Country ◽  
Banking Sector ◽  
Global Financial Crisis ◽  
Banking System ◽  
High Concentration ◽  
Role Of The State ◽  
Banking Market ◽  
Independent Expert

The new wave of mergers and acquisitions after the global financial crisis intensified the interest of policy makers and academics in bank concentration and competition and the role of the state in competition policies and regulations (policies and laws that affect the market structure and degree of competition). It is important to not only make sure that banking sector is competitive, transparent and efficient, but also stable. The purpose of the study was to investigate and analyze the degree of concentration in Estonian banking market and its impact on competition and market structure of financial markets over the period of 2013-2017. Both the structural and the non-structural measurement approaches of concentration and competition, along with the desk research, a case study and interviews with the financial sector professionals and an independent expert was employed to address research purpose. The findings of the study indicate that, in the Post-Soviet and nowadays EU member country – Estonia, high concentration coexist with the high and moderate competition levels and relationship between concentration and stability seems to be positive, meaning that high concentration results high stability of this banking market. The monopolistically competitive Baltic banking market is based on the contestable market equilibrium as banking sector is prone to the existence of high segmentation and product differentiation. Large banks with high share of foreign capital operate as universal banks, providing various services to the different market segments at very competitive rates, while smaller banks concentrate on a specific range of services. The Scandinavian-connected banking system of EU member Baltic country is modern and efficient, with best-regulation and high level of transparency in the region.Estonian financial markets are bank dominated, characterized with monopolistic banking structure, with leading roles of a few universal profile banking institutions, dominating not only banking sector, but whole financial market.

Intraindividual Variability and Stability of Affect and Well-Being

GeroPsych ◽  
2013 ◽  
Vol 26 (3) ◽  
pp. 185-199 ◽  
Author(s):  
Christina Röcke ◽  
Annette Brose
Keyword(s):  
Age Differences ◽  
Well Being ◽  
Subjective Well Being ◽  
Emotional Experiences ◽  
Short Term ◽  
Regulatory Processes ◽  
Functional Implications ◽  
Methodological Approaches ◽  
Underlying Processes

Whereas subjective well-being remains relatively stable across adulthood, emotional experiences show remarkable short-term variability, with younger and older adults differing in both amount and correlates. Repeatedly assessed affect data captures both the dynamics and stability as well as stabilization that may indicate emotion-regulatory processes. The article reviews (1) research approaches to intraindividual affect variability, (2) functional implications of affect variability, and (3) age differences in affect variability. Based on this review, we discuss how the broader literature on emotional aging can be better integrated with theories and concepts of intraindividual affect variability by using appropriate methodological approaches. Finally, we show how a better understanding of affect variability and its underlying processes could contribute to the long-term stabilization of well-being in old age.

2008 Economy Results: The End of the "Fat" Years

2009 ◽  
pp. 4-25 ◽  
Author(s):  
B. Zamaraev ◽  
A. Kiyutsevskaya ◽  
A. Nazarova ◽  
E. Sukhanov
Keyword(s):  
Economic Crisis ◽  
National Economy ◽  
Banking System ◽  
Housing Markets ◽  
Transmission Mechanism ◽  
Economic Conditions ◽  
Basic Change ◽  
Russian Economy ◽  
The World

The article analyzes the current economic conditions in Russia. Succession, distribution and the transmission mechanism of the world financial and economic crisis to the Russian economy are considered in this article as well as the changes in the banking system, share and housing markets. Production, consumption and investment on the boundary of 2008-2009 are described. The conclusion about the basic change of conditions of national economy development is presented.

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