Market Issues Research Articles

THE IMPACT OF THE COLLAPSE OF ECONOMIC RELATIONS BETWEEN THE REPUBLIC OF ARMENIA AND THE REPUBLIC OF ARTSAKH ON THE ECONOMY OF THE REPUBLIC OF ARMENIA

The economic ties between the Republic of Artsakh and the Republic of Armenia have developed, deepened, and changed for more than thirty years. Today, it is very important to analyze these ties, assess the economic consequences of their severance, and outline the resulting changes in macroeconomic policy. The purpose of the article is to assess the impact of the loss of Artsakh on Armenia's economy. Which sectors of the economy will suffer the most, what adjustments should the financial system make, will the social burden increase in Armenia, how to regulate the newly emerging issues of the labor market and poverty assessment - these are the main questions that have been addressed in our research. This article addresses the natural resources of Artsakh, the thousand-year-old country of Armenians, presents numerical data on some material losses of the Armenian people as a result of the occupation of the Republic of Artsakh, the economic ties between RA and AR, and assesses the consequences of their collapse on the RA economy. As a result of the analysis, several steps aimed at mitigating the created socio-economic and humanitarian crisis have been proposed, in particular:  Conduct an inventory of available resources and develop realistic employment programs for Artsakh people.  Implement an inventory of free housing stock in Armenia, providing it free of charge temporarily to Artsakh people.  Work actively in all possible ways towards the return of Artsakh people to their homeland and living a dignified life there, and until then, demand compensation for economic and moral losses from Azerbaijan in international economic courts. In order to implement the latter idea, it is necessary to assess the material losses of Artsakh people. It is also very important to assess public and private investments. This work will be continuous, including the results of surveys of forcibly displaced households from Artsakh and their analysis and summary.

АНАЛИЗ ИПОТЕЧНОГО КРЕДИТОВАНИЯ В РФ

The article examines modern challenges and development prospects of mortgage lending in the Russian Federation. It analyzes government support for mortgage programs, including initiatives such as the “Family Mortgage” and “Preferential Mortgage” programs. Special attention is given to the digitalization of the mortgage process, the introduction of online services and platforms, and the development of “green mortgages” with the implementation of eco-social standards. Key issues of the mortgage market, including high household debt, a shortage of affordable housing, and banking risks related to mortgage defaults, are explored. Expert forecasts for the development of mortgage lending over the next five years are presented. The study concludes on the relevance and importance of developing the mortgage market to improve housing conditions for the population and ensure the country’s economic stability.

Моделювання логістичних процесів імпорту морепродуктів в умовах пошкодженої інфраструктури

The article is devoted to issues of modeling the processes of finding solutions to logistical problems in fish and seafood supply to the population of Ukraine. The paper analyzes the numerous publications of Ukrainian and foreign researches on topics related to issues of marketing and logistics of fish products. The modern conditions’ assessment in which the supply of seafood is carried out is given. The problems faced by product carriers are considered, among which the main ones are hostilities, constant shelling, damage and destruction of infrastructure and energy networks of Ukraine. The Gray Wolf Optimization (GWO) metaheuristic algorithm is used to solve the given problem, which helps to solve NP-complex problems that are difficult to solve by any traditional exact methods, or these methods do not exist at all. Productivity of such type algorithms is evaluated based on five indicators: solution quality, convergence speed, computational efficiency, robustness, and flexibility. The proposed GWO-based model enabled the optimization of several objectives, including the minimization of total supply chain costs, maximization of customer satisfaction, and reduction of harmful environmental impacts, enabling an integrated approach to supply chain management.

Germination Parameters of Different Types of Black Carrot Seeds of Ereğli Local Population

Consumer interest in healthy foodstuffs and vegetables has continuously been increasing. In this sense, quality has become a prominent issue in production, consumption and marketing of vegetables. Seeds and planting processes significantly affect quality of vegetables. Black carrot production is an important source of income for local farmers of Ereğli and Karapınar Districts of Konya province. Bare seeds of Ereğli local population are commonly used in black carrot production. Farmers produce their own seeds. These seeds undergo only one sieving and are not calibrated. In this study, uncalibrated bare, calibrated and coated seeds were planted and germination parameters were investigated. Experiments were conducted in Kuzukuyu village of Ereğli District, at three different planting distances (2.5, 5.0 and 7.5 cm) in randomized blocks design (3x3) with 3 replications. Planting was done in three rows on a ridge (with 7.5 cm row spacing) at a forward speed of 0.64 m s-1. Mean germination time was calculated as 19.90 days for uncalibrated bare seeds, 20.14 days for calibrated bare seeds and 20.79 days for coated seeds; germination rate index values were respectively calculated as 0.431, 0.761 and 0.656 [seeds (m days)-1]; field emergence rates were respectively calculated as 37.13%, 60.97% and 55.19%; number of plants per unit area were respectively determined as 42.35, 69.14 and 59.61 plants m-2. It was concluded based on present findings that calibrated bare and coated seeds should be used in planting process of black carrot seeds of Ereğli local population. Farmers should be trained on black carrot seed production.

Missing the point- the disappointed hope of self- publishing authors

ABSTRACT Trade book publishing is characterised by authors with weaker bargaining power than the commercial intermediaries, including publishers and distributors. One key solution representing the empowerment of authors is self-publishing works, thereby cutting out the gatekeeper. However, self-publication has failed to improve the position of authors: their incomes continue to fall across the sector. Using social network analysis as well as industry practices, this article examines UK trade book publishing dynamics. It argues that the reason for the self-publication route’s ‘underperformance’ is structural, explained by a realistic view of the publishing sector and the relationships it entails. The self- publishing author is shown to have little information and bargaining power, while self-published books are subject to inherent commercial limitations. The wider structural impact of market concentration in book distribution is clarified. The findings suggest that solutions need to combine copyright with competition law interventions as bargaining and market issues require different but coherently designed remedies.

Dampak kenaikan suku bunga AS dan indeks pasar di Indonesia

In early 2023, the interest rate policies in the US become an important issue in the Indonesian capital market. This study aims to analyze the impact of US interest rates policy on market indices in Indonesia with an observation period from 1 January 2023 to 30 April 2023. This study finds that all market indices including the composite stock price index in Indonesia have a weak relationship with the interest rate policy of US. Other findings show that all market indices in Indonesia and interest rate policies in the US are insignificantly correlated. Those findings imply that interest rate policy in the US did not have an impact on the capital market in Indonesia.

The Market Mechanism and Issues of China's Clean Energy Consumption Policies

Under the dual-carbon goals, since the 18th National Congress of the Communist Party of China, various regions and relevant departments have, based on the new development stage and the implementation of the new development concept, formulated a series of policies and measures related to energy, green, and low-carbon development. These policies include carbon trading, mechanisms to ensure the absorption of renewable energy, and mechanisms for trading green electricity. The focus has been on establishing a clean and low-carbon new power system. Against this backdrop, this article, starting from the national context, meticulously reviews the policy development process and current status of carbon trading, the absorption of renewable energy (green certificates), and green power trading. It also analyzes and introduces the operational mechanisms of clean energy absorption policies from the perspectives of market entities, transaction methods, and supporting measures. The study identifies issues in the development of carbon trading, green certificate trading, and green power trading, as well as the challenges arising from the integration of different clean energy policies. Based on these findings, specific development recommendations are proposed to clarify the operational mechanisms of typical clean energy absorption policies. This is aimed at assisting various entities involved in energy consumption to better fulfill their carbon reduction tasks.

Client influence in property valuation in Nigeria: a valuer-banker perspective and fuzzy DEMATEL study

PurposeGiven the significant role played by valuers and the evidence of a lack of independence in some property valuation industries, particularly in emerging markets, this study analyses the issue of client influence in property valuation by providing a valuer-client perspective and measuring the interrelationships between the clients' influence factors to identify causal factors of prominence, which can assist in developing solutions to address the clients' influence issue.Design/methodology/approachThe study used a mixed-method approach. Firstly, interviews were conducted with ten property valuers and five financial institution staff in Nigeria, and the data were subject to thematic analysis using Nvivo 12 software. A matrix questionnaire survey was administered to the valuers, and the responses were analysed using the fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) method.FindingsThe results indicate that institutional clients, loan-seeking customers, property valuers and the perception of corruption within the Nigerian environment fuelled the issue of clients' influence. Based on the measurement of the interrelationship between the 14 identified client influence factors, the type of company, perception the public has of the industry, size of the firm, relationship with the client, type of client and regulatory framework were the factors of prominence.Practical implicationsThe findings of this study bear huge implications for Nigeria and other similar structured property markets facing the issue of clients' influence in property valuation. With the prominent factors bearing root in a mix of client, valuer and environmental factors such as the valuation structure, process and public perception, there is a need for solutions that level the playing field between institutional clients and valuers, reinforce transparency and establish excellent regulatory standards to address the issue of clients' influence.Originality/valueThis study is the first to measure the interrelationships between the clients' influence factors to identify the prominent causal factors. Accordingly, considering the multi-factors, the research is novel as it focusses on those factors that would likely lead to other factors, thereby providing opportunities to develop solutions that focus on those factors of prominence. Secondly, the study deviates from the narrative on clients' influence in property valuation, which pits it as solely a client or valuer factor, by showing how the interplay of the stakeholders' interests and the environment promotes the issue in a non-transparent property market.

The Recent Drop in Female Labour-Force Participation in Jammu and Kashmir

The J&K economy will not reach its full potential unless the government and employers remove barriers to women's full labour-force participation in the labour market. Failure to address structural labor market issues, employment policy does more than limit women's career opportunities and aspirations for a better life. In Jammu and Kashmir context overall labor force participation is reported to be considerably low and has been on consistent decline. It has decreased by 7% from 62.09% in 1999-00 to 55.68% in 2017-18. The overall decline in labor force has been mainly attributed to the sharp decline in female labor force participation rate, which has registered almost 8% decline from 39.86% to 31.61% during 1999-00 to 2017-18. This decline is puzzling some and against the gender development goals like inclusive development, women empowerment etc. Women's participation barriers also act as brakes on the national economy, stifling growth. By adopting gender friendly policies and removing barriers to women's participation we can narrow down gender gap in participation and achieve stronger economic growth

STUDY OF LAND MANAGEMENT MECHANISMS AND LAND MARKET DEVELOPMENT

The need to improve the processes of land regulation is related to the problem of rational and effective use of land for various purposes in Ukraine. The issue of the land market is relevant in the conditions of martial law. Expropriation of agricultural land plots continues, agreements are actively concluded.
 The trends observed in the process of land use require new organizational and legal approaches to the regulation of land use and the creation of economic incentives for rational use. A mechanism for activating the land market and land protection in Ukraine is needed.
 The article summarizes the main principles of improving the effectiveness of the use of land of individual households, farms, holdings and the meaning of its assessment indicators.
 The study also examines the main achievements and problems of the land market in Ukraine; problematic aspects of the realization of the tenant's preferential right to purchase a plot of land and the transfer of the lease right without the owner's consent are revealed. The author describes the procedure and problems of compensation for damage caused to land owners by hostilities; raises questions about the territorial organization of agricultural and non-agricultural lands, assessment of the validity of land redistribution, restrictions on land use.
 The informational basis of the research is the materials of the Ministry of Justice of Ukraine, the State Service of Ukraine for Geodesy, Cartography and Cadastre and the State Statistics Committee of Ukraine, own research results.
 In the legal aspect, changes in the legislation on increasing the efficiency of land use by individuals and subjects of the state sector of the economy were analyzed. The positive consequences of the implementation of the specified legislative initiatives are indicated. The author emphasizes that land resources are today an element of food security in the conditions of armed aggression and recession of the national economy, which will worsen after the end of the war.

The Impact of Tax-Sharing Reform on Housing Market in China

The impact of Tax-Sharing Reform on the housing market in China and its effectiveness in curbing speculative practices are subjects of critical importance. The Chinese governments principle of Housing is for living, not for speculation underscores the challenges posed by the persistent housing bubble, fueled by speculative behavior. This study delves into the historical context of the 1994 tax-sharing reform, which initially stimulated the growth of the housing market by increasing government revenue and providing local governments with greater financial autonomy. Drawing on a comprehensive analysis, this paper explores the underlying causes of the current issues in the housing market and evaluates the effectiveness of the tax-sharing reform in regulating speculative practices. While the reform exhibited positive outcomes in the past, this study argues that its applicability in the present scenario warrants scrutiny. The evolving market dynamics and contextual factors necessitate a reevaluation of the policys effectiveness. Taking a balanced approach, the paper critically examines the benefits and drawbacks of the tax-sharing reform in the context of the current housing market challenges. Additionally, the study presents the authors perspective on the reforms limitations and proposes alternative policy suggestions to address the persisting issues more effectively. By offering insights into the reforms impact on the housing markets development trajectory, this research aims to contribute to a more nuanced understanding of the relationship between fiscal policies and the Chinese housing market. The paper uses qualitative method and case study to illustrate the topic.

The Influence of Product Quality and Digital Marketing on Customer Loyalty in Coffee Bean Products at Titik Tuju Kediri

This research aims to determine the influence of product quality and digital marketing partially and simultaneously on customer loyalty to coffee bean products at Point Tuju Kediri. The population in this study were customers who bought coffee bean products, with a sample of 96 respondents. The sampling technique is to use Non-Probability Sampling. This research focuses on marketing issues, especially to determine how much influence product quality and digital marketing have on loyal customers. Based on the results of the study And analysis, we can conclude that Product quality significantly affects customer loyalty to coffee bean products in Point Tuju Kediri, and digital marketing partially has no effect on customer loyalty. Product quality and digital marketing simultaneously significantly affect customer loyalty to coffee bean products in Point Tuju Kediri.

Can central bank digital currencies help advance financial inclusion?

Central banks around the world are considering how retail central bank digital currencies (CBDCs) may help to advance financial inclusion. While CBDCs are not a magic bullet, they could be a further tool to promote universal access to payments and other financial services if this goal features prominently in the design from the get-go. In particular, central banks can consider design options to: (1) promote innovation in the two-tiered financial system (eg allowing for non-bank payment service providers); (2) offer a robust and low-cost public sector technological basis (with novel interfaces and offline payments); (3) facilitate enrolment (via simplified due diligence and electronic know-your-customer processes) and data portability; and (4) foster interoperability (both domestically and across borders). Together, these features can address a range of specific barriers to financial inclusion: geographic remoteness, institutional and regulatory factors, economic and market structure issues, characteristics of vulnerability, lack of financial literacy and low trust in existing financial institutions. This paper draws on interviews with nine central banks with advanced work on CBDCs and financial inclusion — the Central Bank of the Bahamas, Bank of Canada, People’s Bank of China, Eastern Caribbean Central Bank, Bank of Ghana, Central Bank of Malaysia, Bangko Sentral ng Pilipinas, National Bank of Ukraine and Central Bank of Uruguay. It gives concrete examples from the central banks’ work and discusses challenges, risks and regulatory and legal implications. It argues that while CBDCs hold promise for furthering financial inclusion, CBDC issuance may also require new laws and regulations to be enacted, or existing laws to be revised.

Focus Strategy: Conceptual Basics and Sound Practice

The strategic management and competitive strategies have been discussed in variable forums and refer to infrastructural, marketing, financial and organizational issues. The idea has been to analyze and highlight some aspects of focus business strategy. The aim of the paper is to present and analyze the focus strategy in relation to the competitiveness of the companies, especially small and medium enterprises. The case study method is used. The characteristics and possibilities of the implementation of the focus strategy, the advantages it brings to the company, the conditions for its successful implementation, the benefits, and risks, as well as some mistakes that can be made in case of incorrect assessment of the market situation are presented.

A Case Study on Rocket Internet Explaining Why Europe Lags in the Information Age

Europe has emphasized developing its information industry since the start of information age while it has not been as successful as the US. The study aims to get a comprehensive insight into the dilemma of the Internet industry development in Europe with an example of Rocket Internet, utilizing Porter's Five Forces and the IA3 model to analyze its market and non-market issues separately. As for market issues, the shortage of innovation in their merchandise and fewer user engagements make them less competitive in the scrambling market with Google. For non-market issues, the bill General Data Protection Regulation prohibits Rocket Internet from achieving dominance by controlling all European citizens' information. If Rocket Internet and other organizations like to expand their global markets, they need to diversify and innovate their products and service, creating an unparallel business operation model while catering to the wave of technological waves. Additionally, they are supposed to employ public relations means to shape glorious images of taking charge of social responsibility.

COVID-19 pandemic induced wage theft: evidence from Sri Lankan migrant workers

ABSTRACTThe COVID-19 pandemic-related labour market issues and the rapid departure from countries of destination have heightened wage theft issues faced by migrant workers. This article provides scientific evidence on pandemic-induced wage theft experienced by migrant workers with the aim of minimising migrant workers’ exposure to similar cases of injustice in the future. The qualitative and quantitative analysis of data on migrant workers who returned to Sri Lanka during the pandemic provides evidence of the dimensions of wage theft. These dimensions include non-negotiable wage reductions and delays in payment of dues, non-payment of salary dues, non-provision of other dues and benefits, unconsented setting off of benefits, non-transparent calculation of benefits and their setting off against other goods and services provided by employer and holding migrant workers in situations of bonded labour. The findings also highlight that non-payment of due wages is more common among vulnerable migrant workers. The article suggests strategies to remedy wage theft issues faced by migrant workers by changing the behaviour of the migrant workers as well as by changing the behaviour the employers. Moreover, the punitive measures to offending employers need to be combined with remedial financial compensation measures to victimised migrant workers.

Associations between education, information-processing skills, and job automation risk in the United States

Job automation is a topical issue in a technology-driven labor market. However, greater amounts of human capital (e.g., often measured by education, and information-processing skills, including adult literacy) are linked with job security. A knowledgeable and skilled labor force better resists unemployment and/or rebounds from job disruption brought on by job automation. Therefore, the purpose of this study was to advance understanding of the association between educational attainment and literacy, and job automation risk. Using the 2012/2014/2017 Program for the International Assessment of Adult Competencies (PIAAC) data, survey-weighted linear regression was used to model the risk of job automation as a function of education, and literacy proficiency. Higher educational attainment (college or higher vs. less than high school: b = −18.23, p < .05) and greater literacy proficiency (score 0–500 points: b = −.038, p < .05) were associated with a decrease in job automation risk among the U.S. workforce.

Analyse the Operation and Management of Taobao Platform through the Case Study Method and Make Recommendations for Improvement

With the accelerated pace of life, e-commerce has gradually become the mainstream of the consumer market. With its unique Internet economic system, China has developed Taobao, an online shopping platform with strong competitiveness in the Chinese market and even globally. Taobao has applied the advantages of big data and social media but has neglected some fundamental issues in marketing. The primary purpose of this study is to find out some problems of the Taobao platform through its profit model, technology application, logistics management, and product management and to make suggestions for these problems. The analysis shows that Taobao needs to allocate a small amount of attention to the application of technology and needs to pay special attention to the issues of logistics and commodity management. Regarding technology applications, Taobao can improve its software functions to give users a better experience. Regarding logistics and product management, Taobao must strengthen supervision and allocate more resources to protect users' reputations.

Cross-cultural ranking of cellphone life cycle issues for strategic CSR marketing with social media-based AHP

Cross-cultural ranking of cellphone life cycle issues for strategic CSR marketing with social media-based AHP

Sustainable Technology Strategies for Transportation and Logistics Challenges: An Implementation Feasibility Study

Transportation and logistics are the basic building blocks in the socio-economic development of a country. The pandemic altered the landscape of the transportation and logistics sector where organizations had to look for new technology-based solutions. Block chain and digital trucking are emerging concepts, which were further accelerated by COVID-19, to manage the challenges in the transportation and supply chain industry. This study, therefore, investigates the challenges faced by the transportation industry during and post COVID-19 and, consequently, identifies relevant sustainable strategies to combat these challenges in a developing-economies context. Data were collected through interviews from 20 key personnel working in managerial positions in the transportation industry of Pakistan, a developing economy. The findings of this study indicate that the challenges faced by the transportation industry are reduced import–export, local market orders and revenues, supply limited to a few edible items, increase in e-commerce, new entrants in the market and operational issues, such as lack of standard operating procedures (SOPs), performance management and training of drivers. These challenges were more pronounced in the COVID-19 era; however, they are still impacting the industry. Thus, in the post-COVID-19 era, transportation companies need to opt for efficient strategies, such as contactless deliveries, expansion in e-commerce, tech-based performance management of drivers and digital trucking for sustainability, in a developing economy’s transportation and logistics sector.