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Wyszukujesz frazę "Financial crises" wg kryterium: Temat


Wyświetlanie 1-15 z 15
Tytuł:
Financial crises and the perils for the world economy
Autorzy:
Zachariadis, Savvas
Powiązania:
https://bibliotekanauki.pl/articles/18104723.pdf
Data publikacji:
2020-06-22
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Zarządzania i Finansów
Tematy:
financial crises
instability
world economy
financial cycle
Minsky
Opis:
In this paper, we wish to address the issue of financial crises. We focus on the causes and implications for the world economy and financial stability. For this reason, we attempt to identify the relative phenomena that encourage the emergence of financial crises. The amplification of the financial sector at the international level and the high degree of financial integration render the debate of financial crises solemnly significant. The world economy has become unstable and vulnerable to the emergence of unanticipated financial events. Such events are not simply limited to a large bank default but also to the inability of a multinational firm or an agent to validate their debts. Thus, we mainly emphasize the insights of Hyman Minsky into the global financial crisis, who suggested that the flaws of the current dominant financial status would eventually entail instability and probably lead to crises with contagion effects at the international level. Therefore, the aim of this paper is to indicate that the perils of financial crises for the global economy must be perceptible and considerable ex ante in order to be successfully confronted.
Źródło:
Journal of Management and Financial Sciences; 2020, 40; 43-56
1899-8968
Pojawia się w:
Journal of Management and Financial Sciences
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Market pressure on currencies in crises. Shadow exchange rate experience of Argentina and Switzerland 2011-2015
Autorzy:
Gruszczyński, Marcin
Dąbrowska-Gruszczyńska, Katarzyna
Powiązania:
https://bibliotekanauki.pl/articles/522216.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Exchange rates
Financial crises
International capital flows
Opis:
Aim/purpose – The aim of this article is to present two cases of exchange rate controls in Switzerland and Argentina. The paper also examines the problem of presence and evaluation of shadow exchange rate in both countries. Design/methodology/approach – The shadow exchange rates are estimated using speculative pressure index concept that emphasizes the importance of not only exchange rate movements but also changes in foreign exchange reserves as well as interest rate differentials. The research sample covers Switzerland 2001-2016 and Argentina 2006-2016 (for shadow exchange rate simulation: 2011-2014 and 2011-2015, respectively). Findings – The conclusions drawn from international experience and conducted empirical analysis are positive. In both cases, shadow exchange rates were close to market rates after the removal of controls. During the restrictions periods shadow rates followed the intuition given by speculative pressure index concept (and by monetary approach, simultaneously). Research implications/limitations – The research suggests that market forces in both countries were still able to restore exchange rates to market values after the period of control. However, it is obvious that it is very difficult to prove that shadow rates were always determined by economical forces and close to their long-term equilibrium values. Originality/value/contribution – The original approach combines two important economic concepts – the idea of shadow exchange rate and the methodology of index of speculative pressure. Combined together they can help to analyze two interesting and relatively new cases of foreign exchange controls in Switzerland and Argentina. The results can be valuable for economists, researchers and politicians who support or reject the idea of controlling macroeconomic parameters in modern, open economy.
Źródło:
Journal of Economics and Management; 2017, 30; 58-69
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Nominal exchange rates EUR/GRD and EUR/ITL in the context of leaving the euro zone by Greece and Italy
Autorzy:
Dąbrowska-Gruszczyńska, Katarzyna
Gruszczyński, Marcin
Powiązania:
https://bibliotekanauki.pl/articles/2027266.pdf
Data publikacji:
2021
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Euro area
Financial crises
Nominal exchange rates
Opis:
Aim/purpose - The aim of this paper is to present two cases of crises in Greece and Italy and to evaluate the shadow exchange rates of hypothetical new currencies (re)introduced after Grexit and Italexit. Design/methodology/approach - Both shadow exchange rates are estimated using speculative pressure index concept that emphasizes the importance of changes in foreign exchange reserves and interest rate differentials in the absence of an independent nominal exchange rate. The research sample covers Greece in 1989-2020 and Italy in 1989-2020. Findings - The research presented the estimation of shadow exchange rates EUR/GRD and EUR/ITL during the euro zone membership period. Leaving the euro area one can expect the following market rates: EUR/GRD 600 and EUR/ITL 1850. That would mean 75% depreciation and 5% appreciation to the current euro parities EUR/GRD 340.75, and EUR/ITL 1936.27, respectively. Research implications/limitations - After potential Grexit Greek authorities could expect significant nominal depreciation of a new currency (or should introduce it with a substantial discount). In the case of Italexit, the new currency would preserve its nominal value. The limitations of the research methodology are: a long period of the analysis covers structural changes of financial markets, crisis events, political factors (e.g., QE programs). Originality/value/contribution - The originality of this approach lies in the combination of two important economic concepts - the idea of shadow exchange rate and the index of speculative pressure. Combined together they help to prepare the methodology of shadow exchange rates evaluation for currencies that are currently in the common currency system (e.g., currency union). These results can help in economic and political discussions on effects of leaving the currency union.
Źródło:
Journal of Economics and Management; 2021, 43; 293-316
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Customer as a Subject of Protection on the Financial Market in European Union
Autorzy:
Cyman, Damian
Powiązania:
https://bibliotekanauki.pl/articles/2091840.pdf
Data publikacji:
2021-10-28
Wydawca:
Uniwersytet Gdański. Centrum Prawa Samorządowego i Prawa Finansów Lokalnych
Tematy:
Financial market
consumer protection
financial stability
financial services
financial crises
Opis:
The crisis begun in 2007 exposed the weakness of the existing regulations, revealing challenges for legislators all over the world. Financial stability started to be understood as an essential value for the proper operation of the financial market. It has become important to address the question as to how to protect financial markets from more crises, or at least alleviate their effects. The idea of supervision of a financial market has undergone thorough transformation. Particular emphasis has been placed on protecting buyers of financial services. Adequate customer protection has been recognized as a sign of trust in the market and its stability and has gained systemic importance and relevance for the European financial system. There is a growing tendency to enlarge the group of subjects eligible for special protection. it is becoming an increasingly common idea that not only consumers but all non-professional customers should be protected. The idea is becoming widespread that the weaker party to a legal transaction can be not only a consumer [natural person] but also a non-professional market entity. Such a solution is certainly appropriate. Narrowing down the ‘consumer’ to a natural person may seem artificial and out of line with market realities, not to mention the serious consequences of bad financial decisions taken by non- professional financial market participants. Another important challenge facing the modern financial market is to establish a system of institutional safeguards to ensure security for all market entities and to enforce fair play rules. However, even the best provisions of substantive law, though necessary, may prove to fall short. Therefore, there is a pressing need for strong and competent both state and international institutions duly equipped with auditing and supervisory powers to deal with the present situation. They should also have the possibility of enforcing substantive laws in a way that allows for flexible responses to any emerging threat to the protected values. The shift towards a regulatory and supervisory method of protection sets a more serious tone for the supervision model adopted for the financial market. In it, the market is responsible not only for ensuring that the supervised entities operate correctly, but also for the quality of services that they provide.
Źródło:
Financial Law Review; 2021, 24, 4; 43-54
2299-6834
Pojawia się w:
Financial Law Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Real Estate Markets and Financial Crises – From the “Gründerkrise” to the “Subprime Mortgage Crisis”
Autorzy:
Droste, Luigi
Powiązania:
https://bibliotekanauki.pl/articles/2048354.pdf
Data publikacji:
2014-12-31
Wydawca:
Wydawnictwo Adam Marszałek
Tematy:
real estate markets
financial crises
finance
economic sociology
economic history
Opis:
There are significant hints of a strong relationship between the dynamics of real estate markets and financial crises from the second half of the 19th century until today. In spite of research accumulation, it is seemingly ignored that since the late 19th century several financial crises were caused by real estate bubbles, depending on the distinct characteristics of real estate markets. The paper supports the idea that real estate and financial crises show indeed similar and congruent characteristics since the 19th century. This concerns (1) the inherent tendency towards speculative bubbles, (2) the growing significance of globalized finance, (3) credit practices, (4) the close relationship between the banking system and real estate markets and (5) between the real estate business and the stock market. However, the investigation into real estate markets is not only interesting for understanding and explaining the genesis of modern economic crises, but also contributes to the understanding of the emergence of practices of speculation, the indebtedness of private households and social inequalities. Further research on real estate markets promises the contribution towards a better understanding of actors, practices and institutions in modern market society.
Źródło:
Kultura i Edukacja; 2014, 6(106); 67-88
1230-266X
Pojawia się w:
Kultura i Edukacja
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Cluster analysis of the impact of currency regime type on features of the spread of financial crises Inna Strelchenko
Autorzy:
Strelchenko, I.
Powiązania:
https://bibliotekanauki.pl/articles/406532.pdf
Data publikacji:
2018
Wydawca:
Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
Tematy:
financial crises
clustering
neural network
self-organization map
macroeconomic indicator
Opis:
The paper presents the results of research on the impact of currency regime type on features of the spread of financial crises. The focus is on constructing a neural network to identify groups of countries exhibiting similar behaviour in the dynamics of the index of flexibility in the effective exchange rate, exchange market pressure and external public debt markets in times of sudden changes in the environment. The alpha-criterion for optimality constructed in this way is based on the use of a concordance coefficient. The result of modelling is a self-organization map with a hidden layer consisting of six clusters. This cluster structure allows us to analyse the relationship between the type of currency regime and the consequences of the global crisis in 2007–2009 for the domestic financial markets of the investigated countries. It is found that the result of the division is significantly influenced by the proximity of administrative boundaries and historically predetermined close trade and economic channels of interaction between economies. The results obtained can be used to formulate directions in the currency policies of developing countries, including Ukraine.
Źródło:
Operations Research and Decisions; 2018, 28, 2; 71-84
2081-8858
2391-6060
Pojawia się w:
Operations Research and Decisions
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Switching Volatility in Emerging Stock Markets and Financial Liberalization: Evidence from the new EU Member Countries
Autorzy:
Kouretas, Georgios
Syllignakis, Manolis
Powiązania:
https://bibliotekanauki.pl/articles/483237.pdf
Data publikacji:
2012
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
emerging European stock markets
stock return volatility
Markov switching
financial crises
Opis:
In this paper, we use weekly stock market data to examine whether the volatility of stock returns of ten emerging capital markets of the new EU member countries has changed since the opening of their capital markets. In particular we are interested in understanding whether there are high and low periods of stock returns volatility and what the degree of correlation across these markets is. We estimate a Markov-Switching ARCH (SWARCH) model proposed by Hamilton and Susmel (1994) and we allow for the possibility that two or three volatility regimes may exist for stock returns volatility. The main finding of the present study is that the high volatility of stock returns of all new EU emerging stock markets is associated mainly with the 1997-1998 Asian and Russian financial crises as well as over the 2007-2009 financial turmoil, while there is a transition to the low volatility regime as they approach the accession to the EU in 2004. It is also shown that the capital flows liberalization process has resulted in an increase in volatility of stock returns in most cases.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2012, 4, 2; 65-93
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten
Autorzy:
Reinhart, Carmen M.
Rogoff, Kenneth S.
Powiązania:
https://bibliotekanauki.pl/articles/565636.pdf
Data publikacji:
2015
Wydawca:
Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
Tematy:
Financial crises
sovereign debt crises
deleveraging
credit cycles
financial repression
debt restructuring
debt forgiveness
capital controls
austerity
Opis:
Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their emerging market counterparts. The current phase of the official policy approach is predicated on the assumption that debt sustainability can be achieved through a mix of austerity, forbearance and growth. The claim is that advanced countries do not need to resort to the standard toolkit of emerging markets, including debt restructurings and conversions, higher inflation, capital controls and other forms of financial repression. As we document, this claim is at odds with the historical track record of most advanced economies, where debt restructuring or conversions, financial repression, and a tolerance for higher inflation, or a combination of these were an integral part of the resolution of significant past debt overhangs.
Źródło:
Journal of Banking and Financial Economics; 2015, 2(4); 5-17
2353-6845
Pojawia się w:
Journal of Banking and Financial Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The changing role of Going Concern Assumption supporting management decisions after financial crisis
Zmieniająca się rola założenia kontunuowania działalności wspierająca decyzje zarządcze po kryzysie finansowym
Autorzy:
Zéman, Z.
Lentner, Cs.
Powiązania:
https://bibliotekanauki.pl/articles/405691.pdf
Data publikacji:
2018
Wydawca:
Politechnika Częstochowska
Tematy:
Going Concern Assumption
controlling system
financial crises
Visegrad Countries
założenie kontynuacji działalności
system kontroli
kryzys finansowy
kraje Grupy Wyszehradzkiej
Opis:
The Going Concern Assumption (GCA) is one of the basic conditions to economic expansion and stability both national and companies level. In times of economic and financial crises, therefore, the emphasis of management decisions are shifting to corporate efficiency and effectiveness since the available internal corporate resources sources as well as the external ones are shrinking or becoming uncertain. The reason for the appreciation of the going concern assumption is that the actors of the national economy may suffer serious operational difficulties in case the principle is not properly implemented; whether it is coming from the side of banks, corporate or public services. The purpose of the study is threefold: on the one hand, to demonstrate the going concern assumption and its appreciation in the context of a literature review with special regard to international auditor standards and IFRS, (International Financial Reporting Standards) on the other hand to show the empirical results based on the questionnaire survey on large corporations of the Visegrad countries (Hungary, Poland, Slovakia and the Czech Republic) and the authors demonstrate the supporting functions of the going concern assumption in the controlling systems.
Założenie kontynuacji działalności gospodarczej (GCA) jest jednym z podstawowych warunków ekspansji gospodarczej i stabilności zarówno na poziomie krajowym, jak i na poziomie przedsiębiorstw. W dobie kryzysu gospodarczego i finansowego nacisk na decyzje związane z zarządzaniem przekłada się na wydajność i efektywność przedsiębiorstwa, ponieważ zarówno dostępne wewnętrzne, jak i zewnętrzne źródła zasobów korporacyjnych, kurczą się lub stają się niepewne. Powodem uznania założenia kontynuacji działalności jest to, że podmioty gospodarki narodowej mogą napotkać na poważne trudności operacyjne w przypadku niewłaściwego wdrożenia zasady; bez względu na to, czy pochodzi ze strony banków, przedsiębiorstw czy usług publicznych. Cel przeprowadzonego badania jest trojaki: dokonano przeglądu literatury dotyczącego założenia kontynuacji działalności i jej uznania, ze szczególnym uwzględnieniem międzynarodowych standardów audytora i MSSF (Międzynarodowe Standardy Sprawozdawczości Finansowej), zaprezentowano wyniki empiryczne oparte na ankiecie dotyczącej dużych korporacji krajów wyszehradzkich (Węgry, Polska, Słowacja i Czechy), przedstwiono również funkcje wspierające założenia kontynuacji działalności w systemach kontroli.
Źródło:
Polish Journal of Management Studies; 2018, 18, 1; 428-441
2081-7452
Pojawia się w:
Polish Journal of Management Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wpływ światowego kryzysu finansowego na przemiany geoekonomiczne
Autorzy:
Kibalnyk, Lyubov Oleksandrivna
Powiązania:
https://bibliotekanauki.pl/articles/610265.pdf
Data publikacji:
2013
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
geoeconomic transformations
financial crises
gross domestic product
GDP growth rate
geoeconomic area
geoekonomiczna transformacja
kryzys finansowy
produkt krajowy brutto
wzrost PKB
geo-przestrzeń gospodarcza
Opis:
The impact of the world financial crises on geoeconomic transformations starting with the first international crisis of 1825 till the last crisis of 2007–2009 is considered in the article. The main indicator reflecting major qualitative and quantitative changes in the ratio of economic power among the states and civilizations is considered to be gross domestic product, its scale and growth rate. The most essential transformations of geoeconomic area proved to occur owing to financial crises of 1929–1933, 1974–1975 and 2008–2009. The necessity of forming new paradigm of global wealth distribution due to the change of certain countries’ role (China, India) in the creation of global product and the impact of the world financial crises on these processes is proved.
W artykule rozważany jest wpływ światowego kryzysu na transformację geoekonomiczną, w  czasie od pierwszego kryzysu światowego w  1825 roku do ostatniego kryzysu z  lat 2007–2009. Za główny wskaźnik odzwierciedlający poważne zmiany jakościowe i  ilościowe w  stosunku siły gospodarczej między państwami i  cywilizacjami uważa się produkt krajowy brutto, jego skalę i  tempo wzrostu. Najistotniejsze przemiany w  obszarze geoekonomicznym wystąpiły jako skutek kryzysów finansowych 1929–1933, 1974–1975 i  2008–2009. Praca dowodzi konieczności stworzenia nowego paradygmatu globalnej dystrybucji bogactwa ze względu na zmianę roli niektórych krajów (Chiny, Indie) w  tworzeniu produktu globalnego i  wpływu światowego kryzysu finansowego na te procesy.
Źródło:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia; 2013, 47, 4
0459-9586
Pojawia się w:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
International Banking and Bank Performance: The Case of Poland
Banki międzynarodowe a rentowność banków: na przykładzie polskiego sektora bankowego
Autorzy:
Pawłowska, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/526450.pdf
Data publikacji:
2018-05-08
Wydawca:
Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
Tematy:
bank profitability
Polish banks
foreign banks
foreign institutions’ branches
domestic banks
financial crises
rentowność banków
banki polskie
banki zagraniczne
oddziały instytucji zagranicznych
banki krajowe
kryzys finansowy
Opis:
The aim of this study is to examine differences in the determinants of profitability between domestic and foreign banks in Poland during the global financial crisis and the eurozone debt crisis. Empirical results based on panel data sets containing both micro-level and macro-level data provided the evidence of differences in the determinants of performance between domestic and foreign banks, and also between foreign subsidiaries and foreign institutions’ branches, i.e. foreign currency loans were profitable mainly for foreign banks’ subsidiaries. Furthermore, this paper found a positive correlation between the context of parent banks and the profitability of their affiliates mainly during the global financial crisis.
Celem opracowania jest zbadanie różnic w determinantach rentowności banków krajowych i zagranicznych w Polsce w czasie globalnego kryzysu finansowego z 2008 r. i kryzysu zadłużeniowego państw strefy euro. Wyniki empiryczne oparte na analizie danych panelowych zawierających dane na poziomie zarówno mikro, jak i makro wskazały na różnice w determinantach wyników między bankami krajowymi i zagranicznymi, a także między oddziałami zagranicznymi i oddziałami instytucji zagranicznych. Ponadto, w niniejszym dokumencie stwierdzono dodatnią korelację między rentownością banków-matek a rentownością ich spółek zależnych, głównie w czasie globalnego kryzysu finansowego.
Źródło:
Problemy Zarządzania; 2018, 2/2018 (74); 74-95
1644-9584
Pojawia się w:
Problemy Zarządzania
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Governance, Cohesion and Banking in Spain from a Spatial Perspective
Autorzy:
Gärtner, Stefan
Fernandez-Mototo, Jorge
Powiązania:
https://bibliotekanauki.pl/articles/485167.pdf
Data publikacji:
2018-09-13
Wydawca:
Bankowy Fundusz Gwarancyjny
Tematy:
Oligopoly and Other Forms of Market Imperfection
Consumption, Saving and Wealth
Financial Crises
Banks, Depository Institutions, Micro Finance Institutions, Mortgages
Government Policy and Regulation
Size and Spatial Distributions of Regional Economic Activity
Opis:
During the global financial crisis, regional banks – dependent on local savings and only able to lend these savings to customers within their respective regions – helped avoid a credit crunch in some countries; while in others, they did not fulfil this function. This paper elaborates governance structures that influenced the success of regional banking systems in Spain, with regard to regulation principles, the overall economic and political structures, and self-organisation of regional banks. With respect to the high importance of the decentralised banking sector in Germany, the paper compares the state of decentralised banking between Spain and Germany, concluding that the regional principle in Germany, a decentralized state structure with mechanisms of regional balance, and the self-governance of regional banks are important factors.
Źródło:
Bezpieczny Bank; 2018, 2 (71); 7-29
1429-2939
Pojawia się w:
Bezpieczny Bank
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
In search of the principle of sustainable development – an attempt to evaluate the concepts of Hans Christoph Binswanger and Irenäus Eibl-Eibesfeldt
Autorzy:
Kośmicki, Eugeniusz
Powiązania:
https://bibliotekanauki.pl/articles/2127653.pdf
Data publikacji:
2018
Wydawca:
Uniwersytet w Białymstoku. Wydawnictwo Uniwersytetu w Białymstoku
Tematy:
sustainable development
economics of moderation
economic growth and its consequences,
financial and speculative crises
phylogenetic basis of evolution
biological and cultural evolution
perspective of short-term thinking
basic environmental and social hazards
Opis:
Hans Christoph Binswanger was one of the most prominent Swiss and European economists. He made attempts to diagnose the contemporary socio-economic and ecological situation in highly developed countries. He proposed 'the idea of moderation' in economic and social activities. The modern economy is based on coercion and pressure on economic growth. More and more speculative bubbles are created and their 'bursting' leads to financial and economic crises. H.Ch. Binswanger pointed to the possibility of overcoming crises and entering the path of a sustainable economy: one which does not shy away from altering the mode of its functioning. Irenäus Eibl-Eibesfeldt was a prominent contemporary Austrian biologist, interested in studying the behaviour of humans and animals. In addition to his numerous biological studies, I. Eibl-Eibesfeldt was also the author of socio-philosophical research concerning the basic problems of economics, economy, environmental protection, and sustainable development. The role of man in nature and society is changing rapidly. An important problem of modern society is the time perspective in the processes of biological evolution and the functioning of human society. Biology also emphasises the phylogenetic basis of social actions. The current economic and political situation does not live up to the ideas of economic liberalism. The most negative effects of short-term thinking can be seen, for instance, in agriculture, industry and migration policies. It has become necessary to abandon short-term thinking and devise a long-term development strategy, a survival ethos for future generations. Both H.Ch. Binswanger and I. Eibl-Eibesfeldt contributed to the development of the concept of sustainability and to identifying its problems.
Źródło:
Optimum. Economic Studies; 2018, 4(94); 96-114
1506-7637
Pojawia się w:
Optimum. Economic Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
EU Budget Challenged by the Present Migration and Refugee Crises – External Dimension of Actions
Autorzy:
Proczek, Magdalena
Osuch-Rak, Ewa
Surała, Joanna
Powiązania:
https://bibliotekanauki.pl/articles/969455.pdf
Data publikacji:
2018
Wydawca:
Uniwersytet Warszawski. Centrum Europejskie
Tematy:
EU Budget
External Financial Tools
Migration and Refugee Crises
Trust Funds
European Agenda for Migration
Opis:
The present migration and refugee crises in Europe required not only operational and legal EU responses but also budgetary ones. Additionally, the EU has resorted to use funds allocated to external action for migration purposes much more extensively than ever. This has turned the authors’ attention to the external dimension of the EU migration and asylum budget. In a spirit of emergency accompanied with the urgent search for flexibility the following budgetary measures on the external side were proposed: two trust funds: the EU Emergency Trust Fund for Africa and Regional Trust Fund in Response to the Syrian Crisis along with the EU Facility for Refugees in Turkey. These actions had serious budgetary consequences since they resulted in establishment of new financial solutions and hence caused budget reorganisation, refocus and reprioritisation. The new external developments have not only introduced cash pooling but also diminished the role of the European Parliament at the expense of the European Commission’s one. Such an approach may have far-reaching consequences for the EU as it conveys new fl exibility, limits the role of the long-term programming and redefi nes the relationship between the EU and third countries.
Źródło:
Studia Europejskie - Studies in European Affairs; 2018, 4; 183-197
1428-149X
2719-3780
Pojawia się w:
Studia Europejskie - Studies in European Affairs
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Fiscal Security Of The States In Current Conditions Of Transformation Of The World Economy
Autorzy:
Lutsyshyn, Zoriana
Katrych, Olena
Yuzhanina, Nina
Powiązania:
https://bibliotekanauki.pl/articles/1402397.pdf
Data publikacji:
2020
Wydawca:
Wyższa Szkoła Ekonomiczno-Humanistyczna w Bielsku-Białej
Tematy:
national and economic security
financial security
fiscal security
FATF
developed countries
developing countries
economic crises
financial security components
the level of financial security
financial stability (fiscal)
transformation of the world economy
Opis:
The article analyzes the essence and problems of financial security, in particular the fiscal security of states. A fundamental analysis was carried out that allowed to rank countries according to their level of development, analyze tax rates in these countries and make hypotheses. The evolution of the concept of state security was studied, the theoretical approaches of different countries to determine the nature and methodology of financial security calculations were generalized. According to the methodology specified in the regulations of selected countries with the so-called "normal" step (supset) for each country, the financial security indicators were calculated separately. An integral part of financial security is the fiscal security of the state, because achieving stability in this area in the current conditions of economic instability is a state criterion, based on financial security and standard of living.
Źródło:
MIND Journal; 2020, 10; 1-21
2451-4454
Pojawia się w:
MIND Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-15 z 15

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