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Digital Transformation of Financial Sphere in Georgia 格鲁吉亚金融领域的数字化转型
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-08-07 DOI: 10.36962/ecs105/5-7/2023-164
Anuki Togonidze Anuki Togonidze
{"title":"Digital Transformation of Financial Sphere in Georgia","authors":"Anuki Togonidze Anuki Togonidze","doi":"10.36962/ecs105/5-7/2023-164","DOIUrl":"https://doi.org/10.36962/ecs105/5-7/2023-164","url":null,"abstract":"The twenty-first century is known as the age of digital technologies. It is even referred to as the 4.0 industrial revolution. The use of digital technologies is becoming increasingly relevant in the world, including in Georgia. Creation of new jobs, minimization of production costs, economic growth are vital issues for any country. Everything is possible with innovative approaches and the use of digital technologies. They greatly contribute to the formation of the world's digital economy. According to international statistical data, it is clear that the rate of use of technologies is constantly increasing, and digitalization of business is becoming an inevitable process. The field of financial services is one of the developed and rapidly transforming fields that successfully implements new digital technologies. The main segments in the financial direction are: transfers, financial market, asset management, blockchain. Blockchain-based fintech technology has turned out to be a turning point in this direction. Its characteristics are: speed, simplicity and flexibility. \u0000Keywords: financial sphere, fintech, transfers, open banking.","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"134 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81739871","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
MARKETING RESEARCH OF FACTORS OF FINANCIAL EDUCATION/LITERACY OF SCHOOL STUDENTS IN IMERETI REGION imereti地区中学生金融教育/素养影响因素的市场调研
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-08-07 DOI: 10.36962/ecs105/5-7/2023-29
Maia Akhvlediani Maia Akhvlediani, Irine Kopalini Irine Kopalini
{"title":"MARKETING RESEARCH OF FACTORS OF FINANCIAL EDUCATION/LITERACY OF SCHOOL \u0000STUDENTS IN IMERETI REGION","authors":"Maia Akhvlediani Maia Akhvlediani, Irine Kopalini Irine Kopalini","doi":"10.36962/ecs105/5-7/2023-29","DOIUrl":"https://doi.org/10.36962/ecs105/5-7/2023-29","url":null,"abstract":"School that gives general education has been the most significant intermediate link for the transfer of social experience, knowledge, skills and abilities from the older generation to the youth. On one hand, the school, as a public institution, is a kind of mirror of a social organism, on the other hand, the school is a powerful tool for forming the personal qualities of adults. From this point of view, the school is the basis for enforcing the state and social order, creating the conditions for the country's development.\u0000 In the contemporary conditions, the issue of raising the level of financial education of the population in Georgia is acute, therefore the modern school also \"includes\" the problems/tasks of financial education. The purpose of the research was to describe the \"portrait\" of the contemporary teenager in the context of financial literacy. Research methods included:\u0000to the research problem, synthesis and analysis of different scientific approaches, questionnaire survey and statistical processing methods.\u0000 As a result of the marketing research conducted by us, we managed to identify the qualitative characteristics of giving financial education to children in the family, substantiated the main components of the concept of \"financial literacy\" in the context of integrating various scientific approaches, and formulated the task as a questionnaire.\u0000 Thus, School students’ awareness about finances was analyzed considering five main factors: financial skills, financial behavior, values, types of management of money, financial education and awareness. This research has been tremendously significant and crucial since it has given us the opportunity to find out the financial education and practice of financial behavior, that have been done spontaneously, in the process of adults’ socialization. \u0000 Keywords: Financial literacy, financial behavior, financial skills, values, money management style, financial knowledge, educational programs.","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"30 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76615520","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Electoral proximity, political violence, and personal wellbeing: An experimental analysis in West Africa 选举邻近度、政治暴力和个人福祉:西非的实验分析
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-24 DOI: 10.1111/ecpo.12256
John A. Doces
{"title":"Electoral proximity, political violence, and personal wellbeing: An experimental analysis in West Africa","authors":"John A. Doces","doi":"10.1111/ecpo.12256","DOIUrl":"10.1111/ecpo.12256","url":null,"abstract":"<p>Does the threat of political violence affect wellbeing? We argue that political violence induced by elections reduces wellbeing as it provokes emotional reactions like anxiety and fear. There is a lingering effect from political violence that reemerges with new rounds of elections, and that reduces wellbeing. To test this claim, we employ an experimental analysis in Côte d'Ivoire. We motivate political violence via a treatment about the 2020 election, and the proximity of the 2020 election. We find that each has a negative effect on wellbeing. In Côte d'Ivoire, we also consider the direct effect of political violence on wellbeing, and find that it is inversely associated with wellbeing. Finally, we extend the analysis of election proximity to Nigeria during the 2023 election. The results here show that proximity is (i) inversely associated with wellbeing and (ii) that it is directly associated with the expectation of political violence. In all cases, political violence lowers self-assessed wellbeing. We argue that this effect is likely to be greater for women than men, but find that it is generally true for the latter. We conclude the paper with considerations about its generalizability, ideas for future research, and policy implications.</p>","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"36 1","pages":"373-397"},"PeriodicalIF":1.0,"publicationDate":"2023-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129745897","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Impact of Private Sector Investment in the Manufacturing Industry on Growth and Unemployment in Iraq for the Period 2004-2021 2004-2021年伊拉克制造业私营部门投资对经济增长和失业的影响
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-21 DOI: 10.11648/j.eco.20231203.11
Saad Abd Ulkareem Hammad, Ali Darub Kassar Al Hiyali
{"title":"The Impact of Private Sector Investment in the Manufacturing Industry on Growth and Unemployment in Iraq for the Period 2004-2021","authors":"Saad Abd Ulkareem Hammad, Ali Darub Kassar Al Hiyali","doi":"10.11648/j.eco.20231203.11","DOIUrl":"https://doi.org/10.11648/j.eco.20231203.11","url":null,"abstract":"","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"38 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85875838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Enhancing Economic Management with Information Technology: Insights from Covid-19 in Bosnia and Herzegovina 利用信息技术加强经济管理:波黑新冠疫情的启示
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-20 DOI: 10.2478/eoik-2023-0048
H. Salkić, Aldijana Omerović, Almira Salkić, Marija Kvasina
{"title":"Enhancing Economic Management with Information Technology: Insights from Covid-19 in Bosnia and Herzegovina","authors":"H. Salkić, Aldijana Omerović, Almira Salkić, Marija Kvasina","doi":"10.2478/eoik-2023-0048","DOIUrl":"https://doi.org/10.2478/eoik-2023-0048","url":null,"abstract":"Abstract This paper explores the role of information technology in enhancing the efficiency of economic management during the COVID-19 pandemic. The research aim was to investigate how the integration of information technology, data usage, and analytics, digital transformation of the financial sector, ensuring digital inclusion and cyber security can contribute to improving economic management in times of crisis. The research methodology involved data collection through a questionnaire that asked participants a series of questions about their attitudes and perceptions regarding the integration of information technology and its impact on the efficiency of economic management during the pandemic. The data were analyzed using the chi-square statistical method to determine the existence of significant relationships between variables. The results indicate that information technology is a key factor in strengthening economic management during the COVID-19 pandemic. The integration of information technology, data usage, and analytics, digital transformation of the financial sector, and ensuring digital inclusion and cyber security can enhance efficiency, transparency, and stability during crisis times. The research emphasizes the need for investment in information technology, the development of implementation strategies, strengthening cyber security, and ensuring digital inclusion as key steps towards building a more resilient economic environment during the pandemic. Further research and implementation of these technologies in practice are recommended to achieve sustainable economic development and successful crisis management.","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"26 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83268400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Capability of Higher Education in Overcoming Digital Inequality in the Conditions of the Crisis in Ukraine 乌克兰危机条件下高等教育克服数字不平等的能力
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-20 DOI: 10.2478/eoik-2023-0028
T. Stepura, Olena Kuzmak
{"title":"Capability of Higher Education in Overcoming Digital Inequality in the Conditions of the Crisis in Ukraine","authors":"T. Stepura, Olena Kuzmak","doi":"10.2478/eoik-2023-0028","DOIUrl":"https://doi.org/10.2478/eoik-2023-0028","url":null,"abstract":"Abstract The purpose of the article is to assess the gap between people’s readiness for effective activity in the digital economy and to identify the functional capabilities of universities to reduce this gap. The research used methods of generalizations, logical, systematic, and comparative analysis, and statistical-economic, sociological, and economic-mathematical methods and techniques. The results of the study showed that the digitalization of the economy, the state, and society, which is taking place in Ukraine, requires a significant increase in the level of society’s readiness for digital changes. For effective integration into the digital environment, in particular in the field of education, it is necessary to create a digital infrastructure that meets EU standards. The authors conducted a study of the development of the digital inclusive component of the regions of Ukraine.Proposed ways of digital development of society. In particular, it has been proven that promoting the development of the provision of educational services improves the digital literacy of the population for daily tasks and for employers to minimize the gaps between the digital environment and people’s skills. It is substantiated that the acquisition of new digital skills and competencies of employees requires the development of training networks and the improvement of foreign language knowledge, both for young people and for other generations.","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"27 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76842198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Geopolitical “Puzzle” of the Central Bank’s Switch to Gold 央行转向黄金的地缘政治“谜题”
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-20 DOI: 10.2478/eoik-2023-0018
V. Koziuk
{"title":"The Geopolitical “Puzzle” of the Central Bank’s Switch to Gold","authors":"V. Koziuk","doi":"10.2478/eoik-2023-0018","DOIUrl":"https://doi.org/10.2478/eoik-2023-0018","url":null,"abstract":"Abstract Gold holdings increased during recent time. Geopolitical factors could be responsible for such shift taking into account rising number of conflicts in the world since 2014. However, optimal share for gold in external assets is still disputable. The paper provides empirical tests to identify political economy factors of central bank’s gold holdings. The paper imply two empirical approaches: analysis of how gold reserves in tones and as a share of reserves distributed among the countries with different political regimes; logit regression to identify role of political economy factors that may push countries’ switch to gold. Results of empirical analysis shows that political regime itself is not obvious driving force of gold share. Excluding developed countries, it is possible to see that autocracies do not outperform democracies in terms of mean and median share of gold systematically. Countries demonstrated shifts toward gold early then reference point of 2014 year despite political regime. Logit regression also helps to see that countries heavily have being exposing to gold are more likely hoarding large exchange reserves and politically stable. Proxies of geopolitical aggressiveness are valid with some covenants. While Global Peace Index is well proxy to identify geopolitical preconditions of countries’ switch to gold, military expenditures are not. This means that geopolitical motives of gold hoarding probably work directly and indirectly through exchange reserves accumulation and supportive political stability. Geopolitical aggressiveness that coincides with only large military expenditures but not with reserves accumulation is likely to stand on weak economic ground.","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"33 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85733984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
American financial hegemony, global capital cycles, and the macroeconomic growth environment 美国金融霸权、全球资本循环和宏观经济增长环境
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-08 DOI: 10.1111/ecpo.12254
Heather Ba, William K. Winecoff
{"title":"American financial hegemony, global capital cycles, and the macroeconomic growth environment","authors":"Heather Ba,&nbsp;William K. Winecoff","doi":"10.1111/ecpo.12254","DOIUrl":"10.1111/ecpo.12254","url":null,"abstract":"<p>Global financial cycles have become a growing concern for scholars and policymakers. Recent research has identified these cycles as originating in American markets, at least in part due to policy innovations in the United States. We articulate a previously unidentified, but powerful, mechanism that influence growth (and growth volatility) in the global economy: expansions in the American financial cycle disproportionately affect global credit conditions, leading to a higher incidence of gross capital inflow surges that subsequently create a boom-bust growth dynamic in recipient economies. We evaluate this argument with an extensive empirical examination of 102 countries from 1975 to 2011 and find substantial support for the argument: US financial market developments produce capital flow cycles that challenge the ability of policymakers to stabilize their macroeconomies. We disaggregate capital flows and find that interbank lending plays a crucial role in driving these outcomes, with the results exhibiting a high degree of robustness to alternative specifications. Domestic policy tools alone may be insufficiently powerful to counteract volatility induced by these capital waves emanating from the core of the global financial system.</p>","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"36 1","pages":"334-372"},"PeriodicalIF":1.0,"publicationDate":"2023-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecpo.12254","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129234551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Are electronic government innovations helpful to deter corruption? Evidence from across the world 电子政务创新有助于遏制腐败吗?来自世界各地的证据
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-06 DOI: 10.1111/ecpo.12255
João Martins, Linda Veiga, Bruno Fernandes
{"title":"Are electronic government innovations helpful to deter corruption? Evidence from across the world","authors":"João Martins,&nbsp;Linda Veiga,&nbsp;Bruno Fernandes","doi":"10.1111/ecpo.12255","DOIUrl":"https://doi.org/10.1111/ecpo.12255","url":null,"abstract":"<p>Electronic government innovations have been a critical development in public administration in recent years. Many countries have implemented e-government policies to enhance efficiency and transparency and combat corruption. This paper examines the impact of e-government on corruption using longitudinal data for more than 170 countries from 2002 to 2020. The empirical results suggest that e-government serves as a deterrent to corrupt activities. We analyse which e-government domains affect corruption, which types of corruption are more affected by e-government and the circumstances under which e-government is more effective in reducing corruption. The empirical results suggest that online service completion and e-participation are important features of e-government as an anticorruption tool. Evidence suggests that e-participation reduces corrupt legislature activities, public sector theft, executive bribery, and corrupt exchanges. The potential of e-government to deter corruption is higher in countries where corruption is moderate or high and economic development is lower. Higher levels of GDP per capita, foreign direct investment, and political rights are also associated with lower levels of corruption.</p>","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"35 3","pages":"1177-1203"},"PeriodicalIF":1.0,"publicationDate":"2023-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50122696","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Development of Circular Economy in Modern Conditions 现代条件下循环经济的发展
IF 1 4区 经济学
Economics & Politics Pub Date : 2023-07-03 DOI: 10.2478/eoik-2023-0025
O. Podlevska, Andrii Podlevskyi
{"title":"Development of Circular Economy in Modern Conditions","authors":"O. Podlevska, Andrii Podlevskyi","doi":"10.2478/eoik-2023-0025","DOIUrl":"https://doi.org/10.2478/eoik-2023-0025","url":null,"abstract":"Abstract The concept of a circular economy in the world arose in response to growing consumption and, as a result, to the accumulation of a mass of waste that cannot be quickly processed in the natural environment and has a harmful effect on the environment. The introduction of a circular economy along with the modernization of production will provide Ukrainian society with double benefits. First, the reuse of already consumed resources allows you to obtain significant benefits both in terms of savings in their purchase and in reducing the costs of waste disposal. Secondly, the burden on the environment is reduced and the problems of waste disposal are solved, which positively affects the country’s ecosystem. The essence and types of decoupling as a strategic basis for the development of the green economy are analyzed. The actualization of the use of decoupling for Ukraine in the context of highlighting issues of its environmental and economic security is shown. Calculations of the integral decoupling factor for Ukraine were carried out. Based on the results of the calculations, conclusions were made regarding the effectiveness of the system of nature management and management of the socio-economic development of the state, directions for solving problems and prospects for further research were determined. The conducted analysis made it possible to draw conclusions that at this stage of economic development there is an urgent need to transition to an inclusive and circular economy. The results of the conducted research can be used in the development of the strategy of green economy and sustainable development of countries.","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"39 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73962098","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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