Abstract
Evaluation of real exchange rate of countries is an urgent task, as it is a key macroeconomic indicator characterizing the competitiveness of national goods in the world markets. An analysis of the relationship between the value of currencies and the position of the world countries in the field of economics and energy was carried out using an event valuation, which is one of the methods for the intellectual analysis of multidimensional data. A distinctive feature of this approach is the study of the relationship between the probabilities of simple and joint events of observing the values of statistical indicators of socio-economic objects. At the same time, the average statistical development trends of the studied sectors of the world economy are taken into account. In the process of research it was established that at present there are vast groups of countries for which the real value of national currencies is both overestimated and underestimated against the background of the contribution of these countries to the global economy. There is a tendency when, for many economically developed countries, the value of national currencies is overestimated. An example of a comprehensive assessment of Russia’s position in the field of economics and energy shows the process of assessing the real value of the ruble. The event estimation method can be used in the analysis of the features and patterns of development processes both in the countries of the world and in other socio-economic objects, for example, regions, cities or enterprises.
Highlights
A common characteristic of most societies is the existence of dominant and co-culture
The null hypothesis of no significant relationship between the two variables is not accepted. This implies that there is a significant relationship between the two variables at a 5% significance level
We focus on Group Deprivation and cultural identity-based social exclusion
Summary
A common characteristic of most societies is the existence of dominant and co-culture. The dominant culture in most cases usually belongs to the majority group while the co-culture to the minority. Minority ethnic group exhibit certain distinguishing characteristics which differ from the dominant group. These characteristics could be in terms of colour, race, religion, cultural practices and beliefs systems. The 13 clans differ from the Omodo clan on the basis of ancestral and migratory historical factors. It is on the basis of these factors that the cultural identity of the two groups was established. Within the context of this research, social exclusion on the basis of cultural identity, the Omodo group suffers residential segregation and exclusion from the dominant cultural practices
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