scholarly journals MAIN DIRECTLY INTERACTIONS IN THE REAL SECTOR OF THE ECONOMIC AND BANKING SYSTEMS

Author(s):  
Olga Sarancha

The relevance of the article is due to the need to ensure economic growth through the search for new approaches in regulating the interaction of financial and real sectors of the economy. The need to develop such approaches is due to the need for significant investment to ensure the creation of new, expansion and modernization of existing industries and the development of both industrial and social infrastructure. Relevance has determined the purpose of the article, which is to further develop approaches to strategic management of the interaction of the real sector of the economy and the banking system, to determine the main directions of interaction between the banking system and the real sector. The system of relations between enterprises and banks is considered. Namely: between the bank as an intermediary and the enterprise; between the enterprise and the bank within various integrated business groups; between the enterprise and the bank as a producer of financial products and services; between the enterprise and the bank as an agent; between the enterprise and the bank as a growth multiplier; between the enterprise and the bank as a financial corporation that provides optimization between consumption and accumulation. Determining the features of such relations allowed to form approaches to the development of strategy for managing the system of relations between enterprises and banks, due to the general patterns of development. Positive feedback is shown as a condition for the development of the real sector of the economy and the banking system. The general statement of a strategic task of management of system of such mutual relations on the basis of definition of the purpose in the form of some functional E (the purpose) and quality of management is formulated. It is noted that a pre-formulated development strategy and planned indicators should be chosen as a planned benchmark for development. The scientific novelty is due to the systematization and generalization of the features of the system of relations between enterprises and banks at the present stage in order to develop a strategy for managing the system of relations between enterprises and banks. Conclusions are made on the complexity of the financial and economic system, the multi-purpose nature of its functioning and the need to use strategic management to ensure the long-term development of such systems and the economy as a whole.

Big Data ◽  
2016 ◽  
pp. 1668-1686
Author(s):  
Margee Hume ◽  
Craig Hume ◽  
Paul Johnston ◽  
Jeffrey Soar ◽  
Jon Whitty

Aged care is projected to be the fastest-growing sector within the health and community care industries (Reynolds, 2009). Strengthening the care-giving workforce, compliance, delivery, and technology is not only vital to our social infrastructure and improving the quality of care, but also has the potential to drive long-term economic growth and contribute to the Gross Domestic Product (GDP). This chapter examines the role of Knowledge Management (KM) in aged care organizations to assist in the delivery of aged care. With limited research related to KM in aged care, this chapter advances knowledge and offers a unique view of KM from the perspective of 22 aged care stakeholders. Using in-depth interviewing, this chapter explores the definition of knowledge in aged care facilities, the importance of knowledge planning, capture, and diffusion for accreditation purposes, and offers recommendations for the development of sustainable knowledge management practice and development.


Author(s):  
Margee Hume ◽  
Craig Hume ◽  
Paul Johnston ◽  
Jeffrey Soar ◽  
Jon Whitty

Aged care is projected to be the fastest-growing sector within the health and community care industries (Reynolds, 2009). Strengthening the care-giving workforce, compliance, delivery, and technology is not only vital to our social infrastructure and improving the quality of care, but also has the potential to drive long-term economic growth and contribute to the Gross Domestic Product (GDP). This chapter examines the role of Knowledge Management (KM) in aged care organizations to assist in the delivery of aged care. With limited research related to KM in aged care, this chapter advances knowledge and offers a unique view of KM from the perspective of 22 aged care stakeholders. Using in-depth interviewing, this chapter explores the definition of knowledge in aged care facilities, the importance of knowledge planning, capture, and diffusion for accreditation purposes, and offers recommendations for the development of sustainable knowledge management practice and development.


2018 ◽  
pp. 49-68 ◽  
Author(s):  
M. E. Mamonov

Our analysis documents that the existence of hidden “holes” in the capital of not yet failed banks - while creating intertemporal pressure on the actual level of capital - leads to changing of maturity of loans supplied rather than to contracting of their volume. Long-term loans decrease, whereas short-term loans rise - and, what is most remarkably, by approximately the same amounts. Standardly, the higher the maturity of loans the higher the credit risk and, thus, the more loan loss reserves (LLP) banks are forced to create, increasing the pressure on capital. Banks that already hide “holes” in the capital, but have not yet faced with license withdrawal, must possess strong incentives to shorten the maturity of supplied loans. On the one hand, it raises the turnovers of LLP and facilitates the flexibility of capital management; on the other hand, it allows increasing the speed of shifting of attracted deposits to loans to related parties in domestic or foreign jurisdictions. This enlarges the potential size of ex post revealed “hole” in the capital and, therefore, allows us to assume that not every loan might be viewed as a good for the economy: excessive short-term and insufficient long-term loans can produce the source for future losses.


2009 ◽  
Vol 52 (1) ◽  
pp. 75-103
Author(s):  
Jean-Pierre Aubry ◽  
Pierre Duguay

Abstract In this paper we deal with the financial sector of CANDIDE 1.1. We are concerned with the determination of the short-term interest rate, the term structure equations, and the channels through which monetary policy influences the real sector. The short-term rate is determined by a straightforward application of Keynesian liquidity preference theory. A serious problem arises from the directly estimated reduced form equation, which implies that the demand for high powered money, but not the demand for actual deposits, is a stable function of income and interest rates. The structural equations imply the opposite. In the term structure equations, allowance is made for the smaller variance of the long-term rates, but insufficient explanation is given for their sharper upward trend. This leads to an overstatement of the significance of the U.S. long-term rate that must perform the explanatory role. Moreover a strong structural hierarchy, by which the long Canada rate wags the industrial rate, is imposed without prior testing. In CANDIDE two channels of monetary influence are recognized: the costs of capital and the availability of credit. They affect the business fixed investment and housing sectors. The potential of the personal consumption sector is not recognized, the wealth and real balance effects are bypassed, the credit availability proxy is incorrect, the interest rate used in the real sector is nominal rather than real, and the specification of the housing sector is dubious.


Author(s):  
М. С. Ибрагимова ◽  
Т. В. Якубов

Уровень конкуренции на современных рынках таков, что у производителей товаров и услуг повышаются требования к качеству долгосрочного прогнозирования, а активное использование принципов стратегического управления уже, скорее, обыденность. В статье анализируются ключевые проблемы кадрового обеспечения организации, реализующей стратегию инновационного развития. Персонал, как ключевой ресурс, всегда является центральным объектом анализа в ходе разработки стратегии независимо от ее характера. В статье речь идет о принципиальных отличиях, характерных для инновационного развития, а именно: разработка необходимых компетенций и оценка их соответствия фактическому состоянию кадров. The level of competition in modern markets is such that manufacturers of goods and services have increased requirements for the quality of long-term forecasting, and the active use of the principles of strategic management is more likely to be commonplace. The article analyzes the key problems of staffing the organization implementing the strategy of innovative development. Personnel, as a key resource, is always the central object of analysis during the development of a strategy, regardless of its nature. The article deals with the fundamental differences characteristic of innovative development, namely: the development of the necessary competencies and assessment of their compliance with the actual state of personnel.


There are many links between cultural tourism and economic development. Governments from entire nations down to cities and counties have made tourism a focal point in their economic development efforts. This chapter discusses 18 types of cultural tourism attractions ranging from architecture to gastronomy to sex. Each of the types of cultural tourism are assessed in terms of the level of interaction between a tourist and an attraction. Travel and tourism's contribution to gross domestic product (GDP) has outpaced overall GDP in 62% of the 185 countries studied by the World Travel and Tourism Council in 2017. Tourism's contribution to GDP exceeds 10% for several countries with Iceland topping the list at 20.1%. Sustainability is a key to the success of any long-term development strategy, and this is certainly the case with cultural tourism. The tradeoff communities face is maximizing short term returns versus managing development (tourism) to maintain the quality of the resource for the long run. Over-tourism results when an attraction or a community experiences numbers of tourists beyond the carrying capacity of the attraction. While the marketplace is better suited for managing much of tourism and its impacts, government is uniquely suited to manage some key aspects of tourism. Government is better able than business to manage for the long term. Additionally, governments can weigh costs and benefits to different groups (e.g., residents versus tourists). Two case studies are presented to highlight these issues.


2019 ◽  
Vol 9 (2) ◽  
pp. 250 ◽  
Author(s):  
Diego del Rey Carrión ◽  
Leandro Juan-Llácer ◽  
José-Víctor Rodríguez

Transitioning a Terrestrial Trunked Radio (TETRA) network to a Long-Term Evolution (LTE) network in public protection and disaster relief (PPDR) systems is a path to providing future services requiring high radio interface throughput and allowing broadband PPDR (BB-PPDR) radio communications. Users of TETRA networks are currently considering how to deploy a BB-PPDR network in the coming years. This study offers several radio planning considerations in TETRA to LTE migration for such networks. The conclusions are obtained from a case study in which both measurements and radioelectric coverage simulations were carried out for the real scenario of the Murcia Region, Spain, for both TETRA and LTE systems. The proposed considerations can help PPDR agencies efficiently estimate the cost of converting a TETRA network to an LTE network. Uniquely in this study, the total area is divided into geographical areas of interest that are defined as administrative divisions (region, municipal areas, etc.). The analysis was carried out using a radio planning tool based on a geographic information system and the measurements have been used to tune the propagation models. According to the real scenario considered, the number of sites needed in the LTE network—for a specific quality of service (90% for the whole region and 85% for municipal areas)—is a factor of 2.4 higher than for TETRA network.


1997 ◽  
Vol 2 (2) ◽  
pp. 111-117 ◽  
Author(s):  
Kenneth D Craig

Judgements of the nature and severity of pain others may be experiencing are heavily influenced by an observer's preconceptions about the nature of the experience. Our personal sense of conscious experience dictates a search for consciousness characterized by the state of awareness found in competent adults, including constructive memories and thoughts, images and feelings. People incapable of verbally articulating experiences akin to those reported by competent older children and adults are at risk of having other evidence of pain denied, minimized or ignored. Despite substantial behavioural evidence for pain in the neonate and infant, and findings indicating destructive immediate and long term consequences if pain is not controlled, pain in infants and children often continues to be discounted. An alternative perspective on infant consciousness of pain focusing upon sensory and emotional components is presented. The current prominent definition of pain supports the prejudice favouring adult conceptions of consciousness by emphasizing the importance of self-report in assessing pain. Explanatory notes accompanying this definition also perpetrate the misguided belief that the experience of pain emerges as a product of early life experiences. The case for using nonverbal as well as verbal expression in the process of inferring states of pain is presented. As well, the proposition is supported that there should be explicit recognition that the experience of pain is an inherent quality of life present in all viable newborns, with the nature of the experience and its expression changing in the course of maturation and as a result of exposure to life experiences related to tissue injury.


1994 ◽  
Vol 4 (1) ◽  
pp. 53-58
Author(s):  
F. Specchiulli ◽  
L. Scialpi ◽  
G. Solafino ◽  
L. Battelli ◽  
L. Nitti

In CHD (Congenital Hip Dislocation), the elements which determine the degree and quality of acetabular growth are not clear. This has caused a great deal of controversy on the capability of development of the cotyloid cavity, hence on the indications to reconstructive surgical treatment. In order to study the behavior of che cotyloid cavity, two groups of patients were taken into consideration: normal subjects and subjects with CHD. In normal subjects the median value of the Hingelreiner angle was 19°–4'± 1° (normal limit), at 1 year old. The acetabular index decreases rapidly until becoming stable at adult values at the age of 8-10 years of age. The distinctive characteristics of the hip with spontaneous recovery from cotyloid dysplasia could be defined as follows: a) the higher critical value on average is reached after 24 months of treatment; b) once the borderline is reached, the dislocated hip evolves in the same way as the healthy hip; c) the earlier treatment is started, the sooner correction of the H angle is obtained; d) the cotyloid cavity continues to develop even after 5 years from reduction. In CHD with terminal residual dysplasia, an initial correction of the H angle is followed by a sudden interruption in acetabular development, which remains inadequate and will never reach normal values. These data allow not only the definition of the acetabular growth potential, but also the establishment of more precise indications for reconstructive surgical treatment.


2019 ◽  
Vol 91 ◽  
pp. 08059
Author(s):  
Elena Pesotskaya ◽  
Almaz Khakimov ◽  
Irina Alpackaya

High rates of the development of market relations and international integration processes imply an increase in the level of competition in leading sectors of the economy, which include energy, construction, industry enterprises and others. The purpose of this paper is to develop a universal methodology for assessing and improving the competitiveness of enterprises in the real sector of the economy. The paper analyzes the structure of cost for quality of products, examines the life cycle of the object in order to determine the approaches to the development and implementation of quality management systems. Using various methods of research, recommendations on the formation and implementation of quality management systems in enterprises of the real sector of the economy were developed in order to increase their competitiveness.


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