scholarly journals IMPROVING THE INTERACTION OF SMALL AND MEDIUM-SIZED ENTERPRISES WITH BANKS IN THE PROCESS OF CREDIT INTERRELATIONS

2018 ◽  
pp. 95-103
Author(s):  
Ihor HUTSAL
Keyword(s):  
Market Economy ◽  
Financial Intermediation ◽  
Mutual Influence ◽  
Supply And Demand ◽  
Regional Level ◽  
Economic Feasibility ◽  
Financial Contracts ◽  
Effective Collaboration ◽  
Market Infrastructure ◽  
Economic Expediency

Introduction. The article outlines the directions of interaction of SMEs with banks, attention is focused on mutually beneficial cooperation of entities market economy because of the interdependence of their relationship. It is confirmed that the interaction between SMEs and banks in the process of financial intermediation is carried out by mutual influence that happens within the existing communications and is accompanied by the exchange of resources and their obligations based on operational needs and financial capabilities and economic feasibility. Purpose. For effective collaboration and interaction between SMEs and banks it is necessary to implement the motivational principles at the regional level through the development of market infrastructure. On the first phase should be solved the problem of matching supply and demand of credit resources, mainly through refinancing of banks according to the needs of SMEs. Results. The next phase requires implementation of customer-oriented strategy of SMEs’ needs on the part of banks by systematization and standardization of banking products. Ideal variants for meeting the needs of SME banking products – are special loan programs, which are clustered approaches indeed. Conclusion. It is proved that the interaction of SMEs and banks is carried out by mutual influence between them in the process of sharing resources and obligations within financial contracts. Such interaction is based on operational needs and financial possibilities, economic expediency.

The Promotion of Young Entrepreneurs for Development Small and Medium Business

2017 ◽  
Vol 8 (2) ◽  
pp. 49-56
Author(s):  
Mariana Doga-Mîrzac
Keyword(s):  
Economic Development ◽  
Young People ◽  
Market Economy ◽  
Labour Force ◽  
Supply And Demand ◽  
Regional Level ◽  
Essential Component ◽  
The Past ◽  
Young Entrepreneurs ◽  
Small And Medium Business

Abstract Promoting entrepreneurship is an essential component to ensure economic development at the national and the regional level. Entrepreneurship in young people may directly stimulate them and positively influence the generations and communities in which it operates. Successful young entrepreneurs in identifying those aspects hold ideas that will contribute to the success of the business and have availability to conquer niches of business that other entrepreneurs have ignored them or have them watched in disbelief. Over the past few years, employment of young remains one of the main problems that persist, problem on the development of market economy has boosted it and deepened it, emphasizing the correlation between the supply and demand of labour force as a whole.

STRATEGIC INSTRUMENTS OF THE DEVELOPMENT OF STOCK MARKET INFRASTRUCTURE INSTITUTES

2019 ◽  
Vol 4 (3) ◽  
pp. 67-76
Author(s):  
Andrii NIMKOVYCH
Keyword(s):  
Stock Market ◽  
Technology Implementation ◽  
Analytical Data ◽  
Economic Feasibility ◽  
Securities Market ◽  
Market Participants ◽  
Blockchain Technology ◽  
Money Transfer ◽  
Small Investors ◽  
Market Infrastructure

The article investigates the problem of ensuring the functioning of the securities market infrastructure of Ukraine. The analysis had been conducted through the prism of securities market participants' protection. The author has proposed to introduce the institute for protection of small investors in the stock market by the way of reorganization of the Deposit Guarantee Fund like in the Estonian and Lithuanian models. The Fund is tasked with the following in order to support the infrastructure of protection: to accumulate funds, to invest in managed funds and to pay insurance payments promptly in the case of an insurance event. On the basis of analytical data, the results from the implementation of the Fund are determined: accumulation of budgets to guarantee protection, increase in the value of securities in circulation, protection due to compensation of the guaranteed sums to small investors and the actual income from the functioning of the Fund. Another aspect of using strategic tools in stock market infrastructure is «FinTech» and blockchain technologies. Using of these technologies and the leading positions of Ukraine in the world are emphasized. Advantages of the blockchain technology implementation into the stock market infrastructure of Ukraine and economic feasibility are shown. The obligatory availability of electronic infrastructure for both the state and individual participants of the stock market is substantiated for the effective functioning of modern financial instruments. The author demonstrates the advantages of implementing blockchain technology in the stock market infrastructure of Ukraine and economic feasibility. Positive aspects of cooperation of powerful financial companies and blockchain institutions are shown, as well as problems of non-regulation of this issue in the Ukrainian legislation. A special place in the economics of stock market infrastructure is given to innovative money transfer systems. It has been found that the use of the Ripple system can form the basis of the infrastructure for quick and much cheaper internal payments in the stock market. Key words: stock market, infrastructure, institutions of infrastructure, guarantee fund, investments, blockchain technologies, «FinTech».

Sismondi’s Price Theory: From a Liberating to a Despotic Market

2021 ◽  
Vol 53 (4) ◽  
pp. 697-720
Author(s):  
Pascal Bridel
Keyword(s):  
Political Economy ◽  
Market Economy ◽  
Supply And Demand ◽  
Price Theory ◽  
Analytical Issue ◽  
Ricardian Approach ◽  
Wealth Of Nations

This article examines the evolution of Sismondi’s price theory as well as his concept of market from 1803 to 1838. Sismondi’s early 1803 price theory in terms of supply and demand is first examined and contrasted with that of Smith in the Wealth of Nations. The progressive alterations brought to this initial formulation are discussed with the help of the relevant chapters from Nouveaux Principes ([1819] 1827) and from Études (1836–1838). In price theory terms, throughout the years Sismondi grew more and more skeptical about the process through which these prices would come about. Connecting this analytical issue with his concept of republican justice, he comes to the conclusion that a market economy characterized by unlimited competition will never lead to a socially desirable solution: such an order is neither efficient, nor natural or spontaneous and political economy is not morally neutral. In short, for Sismondi, the market never stood alone while, for him, the Ricardian approach gave nearly exclusive pride of place to market in the pursuit of wealth and happiness.

scholarly journals DEVELOPMENT AND LEVEL OF EFFICIENCY OF TRADE ACTIVITIES BY RETAIL ENTERPRISES OF UKRAINE

2020 ◽  
pp. 132-144
Author(s):  
N. V. Koval ◽  
N. L. Korzhenivska ◽  
E. V. Dobrovolska
Keyword(s):  
Consumer Preferences ◽  
Supply And Demand ◽  
Economic Feasibility ◽  
Digital Information ◽  
Network Marketing ◽  
Managerial Decision ◽  
Country Level ◽  
Digital Material ◽  
Trading Activities ◽  
Business Entities

Development of trading activities is carried out in accordance with the current Concept of development of internal trade of Ukraine. At a rapid pace, changes are occurring in consumer preferences, assortment conditions, and the expansion of the influence of the geographical and species capabilities of the presented goods. The analysis of internal changes in the volume of goods turnover of enterprises by product groups, business entities at the country level and its individual regions made it possible to argue and justify the importance of observing the totality of organization principles, the balance of supply and demand, purchasing power, economic feasibility and payback. The used methods of author generalizations, analytical and statistical calculations, comparisons made it possible to systematize the digital material of the study and substantiate conclusions regarding the state and dynamics of the development of trade activities in Ukraine, as well as the Khmelnitsky region, as one of its regions. The study focuses on network marketing, as one of the forms of development and improvement of trade and the determination of the necessary nomenclature and bottlenecks in the activities of trade entities, including markets. The prospects of the use of electronic commerce (purchase and sales) are substantiated, which significantly expands the possibilities for carrying out trading activities for both buyers and trade enterprises. It is proposed to take into account the influence of demographic security, as one of the factors that shape the country's product policy and its export potential. It is determined that the influence on the increase in turnover indicators has an extensive factor in the growth of prices for consumed goods, in a certain way introduces distortions in the perception of digital information. The use of innovative technologies, modern methods of managerial decision-making in the field of marketing, logistics allows us to improve the trading process, satisfy consumer demand and ensure the effectiveness of enterprises in the trading sphere.

Part II UK Securities Markets, 4 Recognized Investment Exchanges (RIEs) and Recognized Clearing Houses (RCHs)

2021 ◽  
Author(s):  
Penn Bob ◽  
Forzani Alex ◽  
Allen & Overy LLP
Keyword(s):  
European Union ◽  
Financial Services ◽  
Securities Markets ◽  
Financial Instruments ◽  
The European Union ◽  
Financial Contracts ◽  
The Uk ◽  
Final Settlement ◽  
Market Infrastructure

This chapter summarizes and discusses the UK regulatory framework for recognized investment exchanges (RIEs) and recognized clearing houses (RCHs) under the Financial Services and Markets Act 2000 (FSMA). It considers the framework in light of the current and forthcoming European legislation. It also examines the applicability of the framework to RIEs and RCHs in the context of the recast Markets in Financial Instruments Directive II (MiFID II), European Market Infrastructure Regulation (EMIR) and the UK's departure from the European Union (Brexit). This chapter outlines the central role of exchanges and clearing houses in the operation of financial markets. It explains that the exchanges offer marketplaces for the trading of financial instruments, provide market data which facilitates trading, and establish standards for the offering of securities, while clearing houses manage the performance of financial contracts between the point of execution and final settlement and mitigating the risk and consequences of default.

Study on Compilation and Application of Engineering Cost Index for Construction Project in China

2013 ◽  
Vol 357-360 ◽  
pp. 2233-2237 ◽  
Author(s):  
Hong Ke ◽  
Rui Zhu Wu ◽  
Gao Feng Luo
Keyword(s):  
Developing Countries ◽  
Market Economy ◽  
Transition Period ◽  
Supply And Demand ◽  
Cost Index ◽  
Control Engineering ◽  
Construction Market ◽  
The Core ◽  
Engineering Cost ◽  
Edge Tool

Engineering cost index is one of the core tools to reflect the change of supply and demand in construction market and the level of productivity development. This paper comprehensively analyzes the actuality of compilation and application of engineering cost index from some representative provinces and cities in China, and systematically introduces and contrasts the application of engineering cost index in developed and developing countries or regions, providing reference for the engineering cost index during the transition to market economy in our country in the transition period, making it the edge tool to control engineering cost in a reasonable way.

Beyond Supply and Demand: The Framework of the Market Economy

Challenge ◽  
1994 ◽  
Vol 37 (2) ◽  
pp. 31-38
Author(s):  
Patrick M. Boarman
Keyword(s):  
Market Economy ◽  
Supply And Demand

scholarly journals Are Agricultural Commodity Prices on a Conventional Wisdom with Inflation?

SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110383
Author(s):  
Ting-Ting Sun ◽  
Chi-Wei Su ◽  
Ran Tao ◽  
Meng Qin
Keyword(s):  
Mutual Influence ◽  
Supply And Demand ◽  
Interaction Mechanism ◽  
Commodity Prices ◽  
Chinese Government ◽  
Agricultural Commodity ◽  
Negative Effects ◽  
Positive Effects ◽  
Price Levels ◽  
Causality Tests

The study investigates the mutual influence between agricultural commodity prices (ACP) and inflation (INF) in China by employing the bootstrap full- and sub-sample rolling-window Granger causality tests. We find that ACP has positive effects on INF, indicating that agricultural commodities play a significant role in stabilizing general price levels, but the higher ACP may create inflationary pressures. However, the negative effects suggest that under the shock of external uncertainty, the rise of ACP is not always regarded as the prime driver of INF. The results are not consistent with Hypothesis 1, which highlights that INF is positively affected by ACP. In turn, we also find positive and negative impacts of INF on ACP, showing that the level of INF can affect the supply and demand of agricultural commodity markets, it can be considered as a factor affecting ACP. The findings support Hypothesis 2 derived from the interaction mechanism. These analyses can assist the Chinese government to understand that ACP is not an effective indicator for forecasting INF. It also can prompt them to pay attention to the transmission effect of price levels on ACP, to maintain the stability of the agricultural commodity market.

scholarly journals Sustainability in the Contemporary Market Economy

2021 ◽  
Vol 27 (2) ◽  
pp. 6-11
Author(s):  
Cristina Bătuşaru ◽  
Alina Rădoiu
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Market Economy ◽  
Intrinsic Value ◽  
Supply And Demand ◽  
Scientific Progress ◽  
Economic Agents ◽  
The Road ◽  
Sustainable Economic Development ◽  
Production And Consumption

Abstract Over time, the market economy has undergone many changes caused by the processes underlying its operation, and have focused on the scarcity of resources, interdependencies between economic agents, intensified exchanges, technical and scientific progress and computerization of economic systems. Given the many variables that act and ensure the functionality of the contemporary market economy, it is particularly important that the interdependencies between them be addressed in terms of sustainability. This paper addresses sustainability as a condition for supporting sustainable economic development, starting from the main links that support economic growth, namely production and consumption. Sustainable economic growth must be accompanied by measures to optimize the processes that characterize production and consumption, aiming at reducing resource waste, maximizing the intrinsic value of waste from economic activity and ensuring an infrastructure that makes it possible to move from the linear economy to the circular economy. Starting from the current stage of the steps taken to ensure sustainable economic development, the paper presents the main challenges faced by supply and demand, representing shortcomings in ensuring the road to circularity.

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