Ruminating on Microfinance as a Contrivance of Economic Development and Women Upliftment

This chapter focuses on the success of microfinance as a tool to create opportunities for women and other deprived sections in the formal financial structure of India. It also aims at focusing on the role of various institutions which play a significant position in providing rural credit through various channels. The author contends that in this pandemic where economies at global level require resilience strategies, microfinance once again can prove to be an effective strategy to bounce back in terms of improving the economic conditions of poor and vulnerable who suffered the most due to lockdowns, especially in developing nations like India. Localization and promotion of local product can help boost entrepreneurial activities at various levels, which can improve the distorted global supply chain slowly and gradually but effectively.

White List: An Administrative Tool to Contrast Crime

White Lists are lists of firms set up at each Italian prefecture. It is a relatively young instrument born as an experimental project designed to solve problems for particular conditions of crime and corruption in the Italian territory. This work aims to understand if the “White List” tool can represent a reliable legality tool for the contracting station and representation for firms registered in these lists, an incentive to obtain awards for faster times of public procurement. Through a descriptive survey, we will try to photograph the “White List” phenomenon by comparing firms belonging to these lists with companies not belonging to them but which are similar in terms of size and economic sector. The comparison takes off some differences in the financial structure of the two groups of companies. in particular, the White List’s firms show a better profitability and a lower recourse to third-party capital.

Assessing the institutional and financial factors of the IFRS Foundation management from the perspective of the Eurasian Economic Union

Subject. This article explores the impact of the modern institutional and financial structure of the IFRS Foundation on the quality and functionality of the international financial reporting standards, as the main instruments of globalization of the financial and economic sphere, caused by insufficiency in the management of the IFRS Foundation. Objectives. The article aims to identify the reasons for the growth of risk factors in the IFRS Foundation’s activities caused by its institutional and financial structure, taking into account the previously identified problems of the IFRS Foundation management, assess the position of the Eurasian Economic Union (EEU) in the IFRS management system, and develop practical proposals to minimize the identified risks. Methods. For the study, I used a comparative analysis. Results. The article finds that the institutional and financial structure of the IFRS Foundation is characterized by disproportion of the current national, sectoral, and financial representation in the Foundation’s management bodies. This creates risks of inharmonious development of IFRS and confirms the ongoing pendency of the Foundation's unresolved management problems previously identified. The current position of the EEU is characterized by a significant imbalance between functional and financial representations in the Foundation's management system. To reduce such risks, the article proposes to diversify the industry representation, and introduce financial participation coefficients and national representation into the practice of the Foundation's management, based on a transparent and understandable algorithm using public data. Conclusions. The formulated proposals can be useful for the authorized federal governing bodies of the Russian Federation and the EEU governing bodies when developing growth strategies in the field of accounting and reporting, to improve international standards, and protect the national economic interests of the EEU countries in the course of the IFRS Foundation’s activities under present-day conditions.

Ujian Kesetiaan Persembahan Dimasa Pandemi Covid-19 Berdasarkan Maleakhi 3:10

The Covid-19 pandemic has disrupted the financial structure of church members. The dilemma when it comes to paying offerings and tithing or making a living. Based on this dilemma gap, the purpose of this study is to describe the offerings and tithes of the Natar district congregation and to analyze the faithfulness of church members in paying tithes and offerings. This research method was qualitative with a descriptive approach. The data collection technique used were financial data from the church treasurer about offerings and tithes giver. The first stage was to create a data graph to see the giving unit and the second stage was analyze the economic situation of the congregation and the level of faithfulness of the congregation. The results of the ongoing COVID-19 pandemic research increase the faith of church members through the provision of integrated offerings that increase during the pandemic and the giving of tithes given every month. Evidence of increased faith is that they are more enthusiastic and active in preaching the gospel.

Construction of Spatiotemporal Difference Image of the Impact of Financial Structure on China’s Total Factor Productivity

My country’s current research on the influencing factors of total factor productivity has problems such as single evaluation method, low efficiency, and poor overall level in terms of evaluation methods and evaluation efficiency. Based on this, this study divides the financial structure into three traditional sections, banking, securities, and insurance, and uses the DEA model to study the temporal and spatial differences of the financial structure’s influence on the total factor productivity of the four major political and economic regions of China’s eastern, western, central, and northeastern China. First, establish a DEA model based on data mining algorithms, combine financial data comparisons over the years, to achieve a quantitative analysis of the financial structure’s impact on China’s total factor productivity, calculate financial efficiency, and then combine the DEA analysis data model with the grey correlation method. Analyze its internal influence rules, and design experiments for model verification analysis. The results show that the DEA analysis model can realize 8 iterations of data on the impact of financial structure on China’s total factor productivity, and its evaluation accuracy can reach more than 96.2%.