Financial Support System Research Articles

RANCANG BANGUN PROGRAM SISTEM TRANSAKSI PEMBAYARAN SPP (STPS) MENGGUNAKAN PHP STUDY KASUS MAN 2 MAJALENGKA

MAN 2 Majalengka stood on July 11, 1991. Design Build Transaction Payment System Program (STPS) Using PHP Case Study Man 2 Majalengka. Aiming to change the system of manual administration to be composision, Based on these requirements made Program System Support SPP Payment Transaction System Program using Object Oriented development techniques. While the method of data flow system using waterfall, where the tool is Unified Modeling Language (UML) to describe the functional model is use case diagram to describe the data model. The specialization process can be done with this application. After going through the stages in accordance with the selected development method then in implementing financial administration support system. After testing it can be concluded that the System is expected to assist in the administration record Keywords : Decision Support System, waterfall, Object Oriented, PHP, Unified Modeling Language (UML)

A Study on Financial Support System that Integrates Early Childhood Education and Childcare Based on the Financial Support System for Nuri Curriculum

A Study on Financial Support System that Integrates Early Childhood Education and Childcare Based on the Financial Support System for Nuri Curriculum

Does the Institution of a Statewide Trauma System Reduce Preventable Mortality and Yield a Positive Return on Investment for Taxpayers?

In July 2009, Arkansas began to annually fund $20 million for a statewide trauma system (TS). We studied injury deaths both pre-TS (2009) and post-TS (2013 to 2014), with attention to causes of preventive mortality, societal cost of those preventable mortality deaths, and benefit to tax payers of the lives saved. A multi-specialty trauma-expert panel met and reviewed records of 672 decedents (290 pre-TS and 382 post-TS) who met standardized inclusion criteria, were judged potentially salvageable, and were selected by a proportional sampling of the roughly 2,500 annual trauma deaths. Deaths were adjudicated into sub-categories of nonpreventable and preventable causes. The value of lives lost was calculated for those lives potentially saved in the post-TS period. Total preventable mortality was reduced from 30% of cases pre-TS to 16% of cases studied post-TS, a reduction of 14%. Extrapolating a 14% reduction of preventable mortality to the post-TS study period, using the same inclusion criteria of the post-TS, we calculate that 79 lives were saved in 2013 to 2014 due to the institution of a TS. Using a minimal standard estimate of $100,000 value for a life-year, a lifetime value of $2,365,000 per person was saved. This equates to an economic impact of the lives saved of almost $186 million annually, representing a 9-fold return on investment from the $20 million of annual state funding invested in the TS. The implementation of a TS in Arkansas during a 5-year period resulted in a reduction of the preventable death rate to 16% post-TS, and a 9-fold return on investment by the tax payer. Additional life-saving gains can be expected with ongoing financial support and additional system performance-improvement efforts.

Analysis on Financial Support of the Development of China’s Economic Transformation in a New Situation

The reform and opening-up policy prompts a rapid development of our social economy, science and technology, while the development of financial system plays an irreplaceable role in economic development. Our nation is in the key period of economic transformation. The financial support system, which can provide guarantee for rapid and stable economic transformation, is important in order to provide better economic services. It mainly includes banking system, security system and financial intermediaries. This paper analyzes the current status of financial support under the condition of economic transformation, puts forward the financial support measures for the development of China’s economic transformation and lays a good foundation for building a good folk financial market environment.

Mechanisms and impulses influencing development of agriculture and rural areas (3)

The monograph aims at presenting following issues: 1. Analysis of changes in the financial support system for rural development and agriculture from EU funds for 2014-2020. 2. Assessment of the possibility of using auctions as a tool for internalizing externalities and providing public goods in agriculture. 3. Estimation of the level of fiscal multipliers in agriculture. Chapters: Analysis of changes in the financial support system for rural and agriculture development for 2014-2020 using EU funds. Conservation auctions as a tool for internalizing externalities and supplying public goods by agriculture. Fiscal multipliers in agriculture.

Differences in FDI Determinants by Sector: A Knowledge-capital Model Approach

This paper analyzed the differences in foreign direct investment (FDI) determinants of various sectors using the Knowledge-capital (KC) model framework. Specifically, it compared the differences in the influence of FDI determinants between the manufacturing and service sectors. In the empirical analysis of the Korean outward FDI, the study found that service FDI is likely more demand-seeking than manufacturing FDI. Moreover, service FDI does not tend to be largely affected by trade impediments, caused by the differences in idiosyncratic features between the two sectors. Although past manufacturing FDI is expected to lead current producer service FDI, which facilitates production of manufacturing goods, the Korean manufacturing FDI is not complementarily related to the Korean producer service FDI. Given the rapid growth of the global service sector, the Korean government needs to promote the overseas expansion of service companies through the reinforcement of the overseas expansion support system such as providing sufficient foreign market information, supporting R&D activities for new service development and quality upgrade, and improving the customized financial support system.

To insure or not to insure? Analysis of foresters' willingness-to-pay for fire and storm insurance

Natural catastrophes in forests have become more damaging in recent years and are expected to further increase according to climate change scenarios. Currently, governmental measures mostly focus on providing financial support, such as direct payments, to forest owners after disasters. However, in the light of more weather extremes, this could lead to a heavier financial burden for national budgets. Therefore, the current financial support system has to be reconsidered with regard to privatizing foresters' risks. Insurance could play a key role, but in many countries forests are rarely insured. In order to explain insurance coverage, we analyzed foresters' preferences regarding fire and storm insurance, which are expressed as their willingness-to-pay (WTP). Therefore, we measured the risk attitude and conducted a discrete choice experiment with 137 German foresters, using various policy and forest enterprise scenarios. Our results show that most foresters have a very low WTP for insurance, and individual risk attitude was not of significant influence. The WTP was higher for fire than for storm insurance, presumably due to liquidity preservation motives. Policy programs involving unconditional support after disaster reduced the WTP. Instead, subsidized insurance premiums increased the WTP and thus, should be considered to establish an efficient insurance market.

PROPOZYCJE ZAŁOŻEŃ DO SYSTEMU SŁUŻB KONSERWATORSKICH – STANOWISKO WOJEWÓDZKICH KONSERWATORÓW ZABYTKÓW

Regional Historic Preservation Officers are of the opinion that monument protection system in Poland needs to be modified. According to them, however, these changes need to be preceded by in-depth analysis of the existing situation, e.g. the condition in which historic monuments and sites are preserved in Poland, the sources of financing works carried out to monuments and sites, the role that historic preservation offices play in administration combined with regional governors, and the current financial and HR situation in specific government bodies.Changes made to the monument protection system should result in improving the conservational state of historic monuments and sites as well as improving functioning of historic preservation service in competence-, organisation-, and finance-related aspects. Furthermore, as a consequence, local government bodies and the society should become more aware of their responsibilities pertaining to historic monuments and sites. The role of local government historic preservation service should be also taken into consideration.According to Regional Historic Preservation Officers, the changes should be aimed at the following: strengthening the office of General Historic Preservation Officer who will shape historic preservation policy in Poland and coordinate actions taken by state and local historic preservation service; subordinating Regional Historic Preservation Officers directly to the General Historic Preservation Officer (within structures of the Ministry of Culture and National Heritage); improve the organisational and financial situation in Regional Historic Preservation Offices and adapt it to their needs; developing a model of local government historic preservation service in terms of their competences, organisational structure, and subordinance (control- and merit-related) to Regional Historic Preservation Officers. It is necessary to make legislative changes to the monument protection law not only by issuing clear, uniform, and adoptable regulations but also by correlating regulations pertaining to protection of historic monuments and sites with other existing acts of law. It is also essential to perform comprehensive analysis of the list of Polish monuments and sites (register and record of historic monuments and sites) as well as develop and implement a financial support system for taking care of historic monuments and sites and include properties owned by the state treasury into this system. It must be also emphasised that there is a strong need for increasing social importance of guardianship of monuments and sites and making the society aware of limitations and benefits pertaining to monument protection.

НАПРЯМКИ ПІДВИЩЕННЯ КОНКУРЕНТОСПРОМОЖНОСТІ АГРАРНОГО ВИРОБНИЦТВА В УМОВАХ ЄВРОІНТЕГРАЦІЇ

The paper recognized that important aspects of the specified Ukraine European integration course, is ensuring that European agricultural products quality and safety standards and, therefore, increase the competitiveness of agriculture of countries in the European market of agricultural products. The situation on the domestic agricultural market, points to the ineffectiveness of Ukraine defined priorities and directions of development of agrarian sector. It was established that the position of Ukrainian agricultural production has not reached the level at which began a rapid decline in the development of the agricultural sector. On this basis, highlights the main problems and lead to the worsening economic situation in the industry. Introduction to the principles of the Single Agricultural Policy of the EU revealed that at its core is a system of state regulation and financial support to the agricultural sector, which provides tax regulation and promotion of agricultural production, government support and funding for agricultural development, and aims to support agricultural cooperatives, management technical the progress and development of human resource capacity of the agricultural sector workers of the Member states. On this basis, determined that the European integration scenario Ukrainian agricultural production should be based on the current transformation of the existing principles of the industry and provide for technical and technological modernization of farms, improving their innovation activity, introduction of modern mechanisms to attract investment funds and harmonization of quality standards for agricultural products. An essential part of this process should be a system of state regulation and support the development of the agricultural sector, to facilitate an enabling environment for the realization of economic transformation in the industry and ensure improvement of the competitiveness of domestic agricultural production in the European market of agricultural products.

A Novel Financial Decision Support Systems Based on Mendel Type-2 Fuzzy Set Theory

Hedging against potential market risk and maximizing profit from stock trading are some of the driving forces for the development of financial decision support system.  Although presently many types of financial decision support available, there are still a lot of room for improvement. Hence, there is a significant importance to identify and develop a reliable financial decision support system with careful analysis on any critical issues. Accuracy has been the main goal of such decision support system, but it has been hampered by the biggest issue which is the uncertainty of the data. Fuzzy Neural Network (FNN) is a hybrid technique that combines fuzzy logic and neural network. FNN exploits the autonomy power of neural network, and therefore frees itself from the time-consuming process of knowledge base building. Despite all its advantages, FNN suffers from uncertainty when dealing with complex and highly uncertain event. The primary aim of this research work is to develop a financial decision support system based on type-2 fuzzy set. This is based on the knowledge that type-2 fuzzy set is a good alternative in reducing uncertainty in input data. The final application is an integrated FNN system, which has achieved the objective of reducing the general uncertainty of stock market model. Extensive experimental results based on several assumptions of approaches are presented for discussion.  Financial analysis foundations also briefly discussed in order to give a clearer prelude of the non-mathematical factor of this decision support system and its importance in being able to give a model which is considered to be the best input of the actual problem.

디지털 콘텐츠 금융 활성화 방안-기술가치 평가를 중심으로

Digital content industry is expected to grow due to the development of new devices and technologies, convergence between genres and technologies. However, Financial support system for the field of digital content has not been activated due to the digital content industry has the characteristics of a lot of initial investment costs and an uncertain profitability. This paper deals with the financial plan of activation of digital content businesses using technology evaluation. For this purpose, first, examine status of digital content businesses(status and sales financing, etc). Second, discuss development methods of digital contents finance based on the analysis of the digital content industry. This study is useful for deriving the development methods of digital contents finance using the technology valuation.

TOOLS FOR THE PROMOTION OF SMALL AND MEDIUM ENTERPRISES IN THE CONTEXT OF REGIONAL DEVELOPMENT

Small and medium enterprises (SMEs) are the basis of the developed countries that’s why their support and development are key priorities of economic development of successful countries. Their importance is due to a significant contribution to GDP and population employment, high innovation activity, resistance to economic crisis and the ability to quickly adapt to new economic conditions. Essential role of SMEs in socio-economic development of the state shows that existing problems in the sector should be quickly solved by creating necessary conditions for targeted stimulation of SMEs in regional market space. The formation of regional economic development requires the establishment of SMEs as a valuable entity and strengthening of its market positions in a competitive environment. The need to create an effective system of financial support for SMEs, to improve tax system, information, personnel and innovative potential, which regulates business, is conditioned by the role of this sector in socio-economic development. The trend of decline in GDP in Ukraine in recent years is conditioned by insufficient attention paid by the state to small and medium enterprises, underestimation of their role and significance, and lack of information about best practices of the use of tools to support and stimulate SMEs. Therefore, the problem of the development of SMEs and entrepreneurship remains a pressing one both in economic and social dimensions.

Совершенствование финансового обеспечения системы здравоохранения Российской Федерации в современных условиях

The essence of the problems and ways of improving the single-channel system of financial support of health care system implemented in the Russian Federation today are described in the article. The basic advantages (payment of the final result, the principle of extraterritoriality, etc.) and disadvantages of this type of financing (the growth of corruption in health care facilities, the claiming by regional authorities in advance reduced volumes of work of medical institutions under the territorial program programs of compulsory health insurance etc.) are highlighted. The legal aspects of functioning of the single-channel financing system are represented. In our view the measures for optimize the work of the health system in the Russian Federation should include: transition to the new salary system of health workers and the development of basic and additional list of criteria for the effectiveness of both health professionals and managers of health facilities. The problem of satisfaction of staff requirements in the Russian health care system has a systemic, multifactorial character. Forming an interconnected list of criteria of efficiency of medical staff and their managers would allow, on the one side to attract qualified staff to the region, on the other - to improve control of financial and economic activity of the heads of medical institutions. Furthermore, these measures will allow slightly reduce social tension among health care workers, that will positively impact on the quality of medical care.

Implementation of the system of financial support of investment projects in the holding managing company

The paper deals with theoretical approaches to the development of a system to ensure investment projects in the managing company. Based on the chosen model of financing and lending of business and investment activities the recommendations for improving investment planning in business units of the holding are given. Considered are necessary measures to mobilize resources for the financial support of investment projects, a model is creates how to organize investment budgets holding business units. The paper applies methodological approaches to optimize the capital structure using evaluation reporting system in the field of investment activity. The technique of attracting borrowed funds is described , which allows to determine directions of development of the investment projects financial support , and to develop a model of investment budgets of the business units. The results obtained can be used in the organization of financial investment planning and construction of the accounting system in the field of investment activity in the holding.

Application of the consensus method in a multiagent financial decision support system

Financial decisions are supported by different methods, based mainly on statistics, mathematics, behaviorism, artificial intelligence or experts' opinion sentiment analysis. The main problem is that under conditions of risk and uncertainty predicting financial markets can be very difficult. This paper presents an approach to investment strategy design for a multiagent system which supports investment decisions on the stock market. Individual components and functionalities of the multiagent financial decision support system method have been briefly described. On the basis of decisions generated by agents, the Supervisor Agent uses a consensus method to generate a satisfactory rate of return and reduce the level of risk associated with investing in a financial instrument. Verification of the effectiveness of the strategy has been conducted using investments on the Warsaw Stock Exchange.

Citation indexes of scientific works

At present, scientometric assessment is an attribute of both the practice of the internal management of scientific establishments and the system of state and private financial support. Note that the attitude of scientists to scientometrics and its use for determining the efficiency of scientific activity varies, from seething resentment to (significantly less often) willingness to offer proposals on correcting scientometric instrumentation and the practice of its use. The author of the article published below is an advocate of the latter strategy. With account for the drawbacks of the existing indicators, he shows how we can make them more adequate to the targets for the sake of which they are developed.

人民币跨境流通对金融生态的影响分析

人民币跨境流通是当前我国推进人民币国际化战略的关键环节和重要步骤。随着人民币跨境流通规模的显著增大，必然对当前所处的金融生态提出更高要求，它不啻带来诸多负面冲击，而且还倒逼加快改善我国的金融生态。因此，推进人民币跨境流通的同时必须着力改善我国的金融生态，建立更加符合现代化的金融服务支撑体系，减弱人民币跨境流通对金融生态的负面影响，提升正向效应，从而更好地发挥其正向导引作用。 RMB cross-border circulation is the key part and the important step of promoting the RMB inter-nationalization strategy. With the expanding to more countries and areas worldwide, the circulation of RMB requires that China should provide a perfect financial ecology under its impacts. As a result, with improving RMB cross-border circulation, China should also improve its financial ecology at the same time, setting up the modern financial service support system which abates the negative impact of the financial ecology by RMB cross-border circulation and promotes its positive effects.

ECONOMIC ESSENCE AND COMPONENTS OF FINANCIAL SUPPORT OF AGRICULTURAL SECTOR

The purpose of the paper is scientific grounding of theoretical and methodological approaches to the fundamental principles of the functioning of the existing system of financial support of the agrarian sector in Ukraine and its potential areas of its improvement through the construction of new effective financing mechanisms. Methodology. In the study the following methods are used: a comparative and morphological methods – to reveal the content and development of scientific thoughts about the interpretation of the concept of «financial support»; methods of systematization and generalization – to determine the functionality of the agricultural sector and the need of its financial support and to reveal the features of its functioning; systemic method – to construct a model of the implementation of agricultural sector financial support; logical method – for a consistent generalization of theoretical and practical scientific research statements. Results. Investigation of formation and development of the doctrine of financial support and systematization of scientific thoughts about its essence gives the opportunity to consider the content of the studied category in terms of the functional approach. Interpretation of the term “financial support” comes down to the statement that the formation of the theoretical foundations of the essence and the economic nature of financial support is a result of the achievements of several generations of scientists, each of whom invested a significant contribution to the development of the theory of the studied concept. This allowed us to analyze the term «financial providing» and to summarize the existing approaches in the light of the activities of the agricultural sector. In terms of functionality we found that financial support as a phenomenon can be seen in the context of its unique significance in the development of the economy. Practical implications. It was determined that the problems of financial support of the agricultural sector in Ukraine have a complex nature and relate to the economic, social and political spheres of its operation. The most important obstacles in the financial and credit sphere were and remain as follows: lack of adequate financial infrastructure to facilitate its development; lack of property that can be taken as sufficiently liquid collateral to guarantee repayment of the loan; complicated procedure for obtaining a bank loan and the length of the decision-making on the provision of concessional loans; lack of common rules for access of entities to the sources of financial resources; systematic need for funds for working capital; need for financial resources for the operation etc. In the article it is concretized and enhanced the concept of «financial security» as a system, which is characterized by a set of elements (tools, forms, methods of financing, leverages of the financial impact) and the relationship between them, the proper organization of which should focus on the effective development of the agricultural sector, and the fulfillment of its functions and the ability to show the closeness of the relationship between all the structural elements of the system in the process providing of agrarian business by financial resources. Value/originality. Such interpretation of the essence of «financial support» allows making justification of funds of financial support of the agricultural sector of Ukraine.

Quantitative Analysis of Financial Support and Social Credit System Impact on Food Processing Enterprise

With China's reform and opening up and the establishment of socialist market economic system, the financial industry plays an increasingly important role in the national economy, which has become the core of modern economy. In this study, we make an empirical test to analyze how the financial system will effect on the food processing enterprise. The result shows that the financial development increased one percentage can drive the output value of food processing enterprise increased by 0.942%, so the effect of financial system to food processing enterprise is obvious. From Johnson co-integration test, the result shows that there exist at least one direct co-integration relationship between financial system and food processing enterprise, which means that there exist a long-term equilibrium relationship between financial development and food processing enterprise.

특정 문화시설 집적지의 활성화 방안 연구 -안동시 종교문화타운 조성을 사례로-

도시 내의 종교시설집적지를 종교문화타운으로 조성할 경우 각 종교가 지니고 있는 사랑 봉사 화해와 소통 등의 바람직한 가치를 결집시켜 도시공동체의식을 회복하고 도시의 사회문화적 역량을 크게 제고시킬 수 있을 것이다. 또한 이를 통하여 도심재생과 지역활성화 효과도 기대할 수 있다. 본 논문에서는 종교 문화시설이 집적되어 있는 안동시 목성동 일원을 종교문화타운으로 조성하여 지역의 교육 문화를 선도하는 중추적인 역할 수행과 함께 지역 활성화의 동력으로 성장할 수 있도록 활성화 방안을 강구하였다. 다종교가 한곳에 모여 있는 종교문화타운의 정체성을 확립하기 위하여 화해와 소통, 봉사를 주제로 개발 컨셉을 설정하였다. 기존 종교시설을 중심으로 개발 컨셉에 따라 공간으로 재구성하고 운영 활성화 프로그램을 제시하였다. 또한 종교타운이 도시재생의 거점이 될 수 있도록 주변지역과의 연계발전방안, 지역주민과의 협력 제체 구축에 대한 방안, 행 재정적 지원체계 구축방안을 제시하였다. 종교문화타운이 활성화 되면 주민의 삶이 질이 향상되고 지역경제 활성화의 원동력이 될 수 있다. When a urban religious cluster is transformed into a religious cultural town, it will help restore the urban community spirit and boost the social, cultural competence of a city. It can be achieved through the desirable values associated with love, service, reconciliation, and communication of each religion combined together. Also, it can facilitate urban regeneration and local revitalization. This study has established measures to stimulate Mokseong-dong in Andong City, an area with lots of religious, cultural facilities, by transforming it into a religious cultural town. The purpose is to play a key role in leading the regional education and culture and stimulating the area. To establish an identity of the religious, cultural town with multiple religions, a development concept was created under the theme of reconciliation, communication, and service. Specifically, a measure to reorganize the area into a space for reconciliation, communication, and service was created with an operation and stimulation program, focusing on the religious facilities. In addition, in order to transform the religious town into a hub of urban regeneration, measures to achieve the following were created: growing together with the surrounding area; establishing a cooperation system involving local residents; establishing an administrative, financial support system. If the religious, cultural town is revitalized, it can boost the quality of local residents and stimulate the local economy.