scholarly journals Assessment of the borrower's credit capacity using discriminative analysis

2020 ◽  
pp. 25-28
Author(s):  
Olena SHEPTUKHA ◽  
Anna LAPTIEVA
Keyword(s):  
Discriminant Analysis ◽  
Western Europe ◽  
Correct Choice ◽  
The United States ◽  
Economic Security ◽  
Accurate Identification ◽  
Class A ◽  
Financial Condition ◽  
Banking Institutions ◽  
Probability Of Bankruptcy

Introduction. At the present stage of economic development in the organization of credit relations uses a significant number of approaches and methods to determine the creditworthiness of the borrower. Today, banking institutions are developing different approaches to the analysis of the borrower's creditworthiness. Moreover, each bank determines its own method of assessing the financial condition of a potential borrower, taking into account the specific terms of the contract. Assessment of creditworthiness of the enterprise by the method of discriminant analysis is carried out by calculating and interpreting the integrated indicator of financial condition. The purpose of the paper is to determine the nature and assessment of the borrower's creditworthiness using the methods of discriminant analysis. Results. Assessing the borrower's creditworthiness is a topical issue that affects the success and effectiveness of its lending activities. That is why the article is devoted to defining the nature and assessment of the borrower's creditworthiness using the methods of discriminant analysis. It assessed the creditworthiness of PJSC "Kharkiv Biscuit Factory" using foreign and domestic methods of assessing the creditworthiness of the borrower. It was determined that the main disadvantage of foreign models is that they are developed based on a study of enterprises in the United States and Western Europe. Weights are not adapted to modern conditions of transformation of the domestic economy and do not take into account the specifics of Ukrainian enterprises. These models have several significant limitations. They can be used only as additional models in parallel with modern domestic models. Calculating the probability of bankruptcy of PJSC "Kharkiv Biscuit Factory" according to foreign and domestic methods can give a clear conclusion about the financial condition of the enterprise. The above-mentioned methods demonstrate the absence of probability of bankruptcy at PJSC "Kharkiv Biscuit Factory". Conclusion. In general, the degree of reliability of the assessment of economic security of the enterprise and a set of necessary measures to prevent possible threats depend on the accurate identification of threats, the correct choice of a system of indicators for diagnosis. According to the results of calculations, it was determined that the company belongs to class A, which is characterized by high financial condition.

scholarly journals DEVELOPMENT OF MODELS FOR PREDICTING THE PROBABILITY OF BANKRUPTCY IN THE CONTEXT OF BUSINESS FINANCIAL SECURITY

2020 ◽  
Vol 8 (2) ◽  
pp. 126-130
Author(s):  
Tat'yana Myagkova ◽  
Victoria Annenkova
Keyword(s):  
Economic Security ◽  
Financial Security ◽  
Financial Condition ◽  
New Models ◽  
Probability Of Bankruptcy

Forecasting is one of the most important stages in planning future policies to ensure economic security. And countering the financial insolvency of an enterprise should begin with predicting the risk of this phenomenon. The risk of bankruptcy is predicted using domestic and foreign models for predicting potential threats to the organization's financial security. However, many of these models are outdated or not focused on the conditions of our country's economy, which affects the reliability of the results obtained and the effectiveness of decisions based on them. In this regard, there is an increased need to develop new models for identifying signs of bankruptcy and the pre-crisis state of the organization, which could form a more reliable opinion about the financial condition of the object for rapid measures to bring the business out of a crisis or unfavorable state.

The European Welfare State in the Atlantic System

1951 ◽  
Vol 3 (4) ◽  
pp. 417-449 ◽  
Author(s):  
Klaus Knorr
Keyword(s):  
Welfare State ◽  
Western Europe ◽  
American Foreign Policy ◽  
Political Stability ◽  
The United States ◽  
Economic Security ◽  
European Welfare State ◽  
Foreign Politics ◽  
Liberal Economy ◽  
The Welfare State

To regard Socialism and Communism as Siamese twins is an error, wilful or genuine, which rarely troubles American thinking on foreign politics now. It cannot be said, however, that the shadow of the confusion has been entirely dispelled. Some groups, influential in the making and execution of American foreign policy, appear to be gravely disturbed by what they term the development of the welfare state in western Europe. At a time—they argue—when the United States requires strong partners in the common attempt to defend large parts of the non-Soviet world against Communist expansion, the spread of welfare-state practices weakens western Europe economically as well as politically. The development of the welfare state is said to lessen the capacity of countries for raising productivity and hence for standing on their own feet in their economic dealings with the outside world and also for mounting substantial defense efforts. Since a less progressive and adaptable economy will frustrate expectations of income and economic security, political stability and morale are alleged to suffer. This effect, as well as the abridgment of democratic freedoms perceived to follow from abandoning the liberal economy, is believed to make such countries more susceptible to Communist subversion. These misgivings are not aroused by the behavior of all the western European nations. It is rather the United Kingdom, the three Scandinavian countries, and the Netherlands which are identified with the evolution of the welfare state, while economic liberalism is perceived to have a more abiding hold in Belgium, France, Italy, and western Germany.

Anne O. Krueger, Constantine Michalopoulos and Vernon W. Ruttan. Aid and Development. Baltimore: The Johns Hopkins University Press. 1989. xiv + 386 pp.Price: U.S. $ 52.00

1991 ◽  
Vol 30 (2) ◽  
pp. 213-217
Author(s):  
Mir Annice Mahmood
Keyword(s):  
United States ◽  
Economic Development ◽  
International Development ◽  
Western Europe ◽  
Development Assistance ◽  
The United States ◽  
Social Infrastructure ◽  
Low Literacy ◽  
The Subject ◽  
The Impact

Foreign aid has been the subject of much examination and research ever since it entered the economic armamentarium approximately 45 years ago. This was the time when the Second World War had successfully ended for the Allies in the defeat of Germany and Japan. However, a new enemy, the Soviet Union, had materialized at the end of the conflict. To counter the threat from the East, the United States undertook the implementation of the Marshal Plan, which was extremely successful in rebuilding and revitalizing a shattered Western Europe. Aid had made its impact. The book under review is by three well-known economists and is the outcome of a study sponsored by the Department of State and the United States Agency for International Development. The major objective of this study was to evaluate the impact of assistance, i.e., aid, on economic development. This evaluation however, was to be based on the existing literature on the subject. The book has five major parts: Part One deals with development thought and development assistance; Part Two looks at the relationship between donors and recipients; Part Three evaluates the use of aid by sector; Part Four presents country case-studies; and Part Five synthesizes the lessons from development assistance. Part One of the book is very informative in that it summarises very concisely the theoretical underpinnings of the aid process. In the beginning, aid was thought to be the answer to underdevelopment which could be achieved by a transfer of capital from the rich to the poor. This approach, however, did not succeed as it was simplistic. Capital transfers were not sufficient in themselves to bring about development, as research in this area came to reveal. The development process is a complicated one, with inputs from all sectors of the economy. Thus, it came to be recognized that factors such as low literacy rates, poor health facilities, and lack of social infrastructure are also responsible for economic backwardness. Part One of the book, therefore, sums up appropriately the various trends in development thought. This is important because the book deals primarily with the issue of the effectiveness of aid as a catalyst to further economic development.

Business model of garment enterprises: a scientometric review

2021 ◽  
Vol 91 (13-14) ◽  
pp. 1609-1626
Author(s):  
Yuran Jin ◽  
Xiangye Song ◽  
Jinhuan Tang ◽  
Xiaodong Dong ◽  
Huisheng Ji
Keyword(s):  
Conference Proceedings ◽  
Social Science ◽  
Business Model ◽  
Western Europe ◽  
Business Models ◽  
New Technologies ◽  
Citation Index ◽  
The United States ◽  
Fast Fashion ◽  
First Time

The research on the business model of garment enterprises (BMGE) has expanded rapidly in the last decade. However, there is still a lack of comprehensive reviews of it, let alone visual research. Based on scientometrics, in this paper 118 papers and their 4803 references from Science Citation Index Expanded, Social Sciences Citation Index, Conference Proceedings Citation Index—Science, and Conference Proceedings Citation Index—Social Science & Humanities for the period 2010–2020 about the BMGE were analyzed by visualizing the co-cited references, co-occurrence keywords, burst references, dual-map overlays, and more with CiteSpace, Google Maps, and VOSviewer. The research revealed the intellectual landscapes of the BMGE for the first time and mapped the landmark papers, hotspots and trends, national or regional distributions and their cooperation networks, highly cited authors, and prestigious journals and disciplines related to the BMGE. The results show that the biggest hotspot is the fast fashion business model; social responsibility, smart fashion, Internet of Things, and sharing fashion are the main emerging hotspots; and the research focuses has evolved from traditional business models to business models driven by new technologies, then to new issues such as circular economy models. The institutions are mainly distributed in China, the United States, and Western Europe, and there is cooperation between more than 11 countries. The most popular disciplines are economics and politics, while psychology, education, and social science are the essential basic disciplines. The Journal of Cleaner Production and Journal of Fashion Marketing and Management, among others, actively promoted the research.

Chocolate Consumption, Manufacturing and Quality in Western Europe and the United States

Geography ◽  
2006 ◽  
Vol 91 (3) ◽  
pp. 218-226 ◽  
Author(s):  
Heike C. Alberts ◽  
Julie L. Cidell
Keyword(s):  
United States ◽  
Western Europe ◽  
The United States

Labor’s Cold Warriors: The American Federation of Labor and “Free Trade Unionism” in Cold War Japan

2003 ◽  
Vol 12 (3-4) ◽  
pp. 207-224 ◽  
Author(s):  
Christopher Gerteis
Keyword(s):  
World War Ii ◽  
Cold War ◽  
Soviet Union ◽  
Western Europe ◽  
The United States ◽  
Central Intelligence Agency ◽  
United States Government ◽  
American Federation Of Labor ◽  
Intelligence Agency ◽  
American Federation

AbstractDuring the 1950s, the American Federation of Labor (AFL) led a global covert attempt to suppress left-led labor movements in Western Europe, the Mediterranean, West Africa, Central and South America, and East Asia. American union leaders argued that to survive the Cold War, they had to demonstrate to the United States government that organized labor was not part-and-parcel with Soviet communism. The AFL’s global mission was placed in care of Jay Lovestone, a founding member of the American Communist Party in 1921 and survivor of decades of splits and internecine battles over allegiance to one faction or another in Soviet politics before turning anti-Communist and developing a secret relation with the Central Intelligence Agency (CIA) after World War II. Lovestone’s idea was that the AFL could prove its loyalty by helping to root out Communists from what he perceived to be a global labor movement dominated by the Soviet Union. He was the CIA’s favorite Communist turned anti-Communist.

scholarly journals Hard Times: Routine Schedule Unpredictability and Material Hardship among Service Sector Workers

Social Forces ◽  
2020 ◽  
Author(s):  
Daniel Schneider ◽  
Kristen Harknett
Keyword(s):  
Service Sector ◽  
Food Service ◽  
The United States ◽  
Economic Security ◽  
Work Schedules ◽  
Material Hardship ◽  
Cross Sectional ◽  
Hard Times ◽  
Advance Notice ◽  
Food Service Workers

Abstract American policymakers have long focused on work as a key means to improve economic wellbeing. Yet, work has become increasingly precarious and polarized. This precarity is manifest in low wages but also in unstable and unpredictable work schedules that often vary significantly week to week with little advance notice. We draw on new survey data from The Shift Project on 37,263 hourly retail and food service workers in the United States. We assess the association between routine unpredictability in work schedules and household material hardship. Using both cross-sectional models and panel models, we find that workers who receive shorter advanced notice, those who work on-call, those who experience last minute shift cancellation and timing changes, and those with more volatile work hours are more likely to experience hunger, residential, medical, and utility hardships as well as more overall hardship. Just-in-time work schedules afford employers a great deal of flexibility but at a heavy cost to workers’ economic security.

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