Mobilization Of Financial Resources Research Articles

Factors affecting the mechanism of financial resource mobilization and utilization in building new countryside

Factors affecting the mechanism of financial resource mobilization and utilization in building new countryside

GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA

No doubt that Islamic banks have proved its efficiency and effectiveness in both :In methods of financial management and also in the mobilization of financial resources for the sake to promote development in various economic sectors not only in Islamic countries but even in European as well and of course according to Islamic Sharia rules. The aim of this paper is to examine the performances and the Islamic methods adopted to improve the allocation of financial resources and its specific ways to boost earnings. Besides, Islamic financial assets were involved in huge financial markets due to its high quality of financial services provided to investors. Actually, Islamic banking exists in more than 67 countries and by the end of 2019 they may reach about 75 countries in the world. The results show that legislation, shortage of qualified individuals and the lack of using a high technology are the most critical factor of Islamic banking in Algeria.

Механізм державно-приватного партнерства у сфері транспортної інфраструктури України

Розглянуто сутнісні ознаки державно-приватного партнерства. Проаналізовано підходи щодо формування механізмів здійснення державно-приватного партнерства. Показано роль і можливості застосування механізмів державно-приватного партнерства у сфері інфраструктурних проектів. Обґрунтовано ефективний механізм реалізації державно-приватного партнерства у сфері транспортної інфраструктури України.

Estimates of greenhouse gases emissions reduction potential in Kazakhstan by 2030 in connection with its commitments in the Paris Climate Agreement

Prospects for achieving the Intended Nationally Determined Contribution of Kazakhstan in the framework of the Paris climate convention was assessed through projections of greenhouse gases (GHG) emissions of 31 large energy enterprises by 2030. The total CO2 emissions of these enterprises reach 86,9 million tons or 26,5 % of the country’s GHG emissions. For projection of the GHG emissions of the selected power plants three scenarios - “business as usual” (trend), “moderate modernization” and “full modernization” - were designed. “The unconditional target” would remain unachievable in the “business as usual” and even “moderate modernization” scenarios. However, the scenario of “full modernization” allows reaching “the unconditional target” with a good reserve. Moreover, this scenario allows reaching “the conditional target”. Our assessment of potential for reduction of the GHG emissions shows that Kazakhstan’s commitments in the Paris climate convention are very responsible. To meet these commitments technological modernization of the entire industrial sector of the country would be required. It could be achieved only by full mobilization of material and financial resources.

КЛІЄНТООРІЄНТОВАНИЙ ПІДХІД ДО ВИЗНАЧЕННЯ СТРАТЕГІЇ РОЗВИТКУ ДІЯЛЬНОСТІ ФІНАНСОВО-КРЕДИТНИХ ОРГАНІЗАЦІЙ

The article substantiates the necessity of applying a client-oriented approach to developing a strategy for developing the marketing activities of financial and credit institutions, in particular banking institutions. In today's business environment, financial institutions, like any business entity, must compete to attract potential customers, increase their financial services, and increase their profitability. The analysis of the activity of Ukrainian banks in particular showed a low level of their competitiveness in comparison with foreign banks, the number of which remains quite large in the Ukrainian financial market. The main problem of increasing the competitiveness of domestic banks is the low mobilization of financial resources of the population, economic entities, etc., and the related capitalization of banks.The main measures of raising the capital of the bank in the current conditions of development of the domestic economy are attracting deposits with capitalization of income and additional issue of shares. The only barrier to using the first method of bank capitalization today is the low level of trust of its clients - individuals and legal entities. The use of the second method - the issue of shares - is nowadays significantly limited due to the underdevelopment of the stock market and the imperfection of the legislation in force in this field. It is concluded that in the difficult conditions of functioning of the financial market and the economy of Ukraine as a whole, in defining a development strategy, it is necessary to use an approach that would maximally satisfy the needs of potential clients of banks, increase their confidence level and allow to increase the volume of using bank servicesIt is determined that the application of a client-oriented approach allows not only to increase the level of bank reliability from the point of view of clients, but also to solve the existing problem of the national economy related to the mobilization of financial resources of the population, economic entities, capitalization of banks and increase their level of competitiveness. market of financial and credit services of Ukraine.

Paradoxes and strategies in social enterprises’ dual logics enactment: A csQCA between Italy and the United Kingdom

This study builds upon the literature around tensions, conflicts, and mission drift in social enterprises (SEs) to provide a clearer understanding of how SEs position themselves and which strategies can more effectively prevent a shift toward pure social or pure commercial outcomes. We conducted an in-depth investigation of 10 SEs in Italy and the UK contextualized in the food and beer industries. We produced a theoretical framework shedding light on the possible strategies to deal with sources of conflict and applied a csQCA to identify the most effective combination of strategies in preventing mission drift: mixed ownership and financial resource mobilization. We discuss that differences between the countries emerged due to some of the paradoxes of SEs in these industries. This is seemingly the first study adopting a csQCA in such a context, and it proved to be suitable for studying social entrepreneurship in homogenizing variables, hardly comparable otherwise.

RELATIONSHIP BETWEEN FINANCIAL RESOURCE MOBILISATION AND INTERNAL EFFICIENCY OF TECHNICAL TRAINING INSTITUTIONS IN BUNGOMA COUNTY, KENYA

This paper looks at the relationship that exists between financial resource mobilisation and internal efficiency of public technical training institutions located in the county of Bungoma Kenya. For the objectives of technical training to be attained, financial resources is needed. This is because, instructional resources, infrastructural facilities or human resources all depend on the budget that their institutions develops and utilises on yearly basis. The study was conducted in four public technical training institutions in Bungoma County. The methodology for the study was mixed employing qualitative and quantitative methods. Data was collected through questionnaires and interviews from the following respondents; 4 principals, 16 managers in charge of IGAs, and 239 tutors from the four institutions mentioned above. The sample size involved 4 TTIs principles, 16 resource mobilisation managers and 150 tutors. The respondents were selected using stratified and systematic random sampling methods and purposive (judgmental) sampling methods. Data was collected through questionnaire and interview schedules. Analyais of data was performed using descriptive and inferential statistics to answer research question and test the research hypothesis. Computed correlation values (r=0.336 and p=0.001) showed that there existed weak positive relationship between financial resource mobilisation and internal efficiency of public training institutions in Bungoma County. Therefore, public TTIs need to increase their financial resource mobilisation strategies with the hope of increasing internal efficiency. Moreover, automation of financial system in public technical training institutions in the study is necessary. Article visualizations:

Mobilizing financial resources for new-style rural area building in Nghe An

Financial resources for new-style rural area building include financial resources from the state budget (local budget, central budget) and non-state financial resources (credit capital, capital from enterprises, community capital). In recent years, the mobilization of financial resources for new-style rural area building in Nghe An Province, besides the successes, still encounters some shortcomings: the resources to invest in new-style rural area building for communes have not yet met the needs; mobilized capital from enterprises accounts for a low proportion; capital from the community tends to decrease... All of the above limitations are caused by the following factors: the government's mechanism and policies; local socio-economic natural conditions; the participation of organizations and businesses; and people's awareness. The study proposes a solution to increase the mobilization of financial resources for the new-style rural area building in Nghe An Province in the coming time.

Economics of seismic safety for earthquake-prone Himalayan province of Uttarakhand in India

PurposeThe purpose of this study is to estimate the cost of seismic resilience of identified vulnerable lifeline public buildings in earthquake-prone Himalayan province of Uttarakhand in India.Design/methodology/approachBuilt area of the identified vulnerable lifeline buildings together with prevalent rate of construction has been considered for assessing the cost of seismic resilience while improvised rapid visual screening (RVS) technique, better suited to the built environment in the region, has been used for assessing seismic vulnerability.FindingsInvestment of US$250.08m is assessed as being required for ensuring seismic safety of 56.3, 62.1, 52.9, 64.6, 71.9 and 61.7% surveyed buildings, respectively, of fire and emergency services, police, health, education, local administration and other departments that are to become non-functional after an earthquake and result in a major socio-political turmoil. A total amount of US$467.71m is estimated as being required for making all the buildings of these departments seismically resilient.Research limitations/implicationsActual investment estimates and reconstruction/retrofitting plans have to be prepared after detailed investigations as RVS technique only provides a preliminary estimate and helps in prioritising buildings for detailed investigations.Practical implicationsThis study is intended to provide a snapshot of the state of seismic vulnerability together with the financial resources required for corrective measures. This is to help the authorities in planning phased mobilisation of financial and technical resources for making the built environment seismically resilient.Social implicationsThis study is to bring forth awareness on this important issue and consequent public opinion in favour of safety of public facilities to ensure allocation of appropriate financial resources together with changes in techno-legal regime for the cause of earthquake safety. At the same time, this study is to motivate masses to voluntarily assess safety of their neighbourhood and undertake corrective measures.Originality/valueThis study is based on primary data collected by the authors.

Strategic management of modern financial requirements in agriculture

The article addresses the efficient management of current financial needs of agricultural goods producers. The purpose is to review current financial needs of agricultural goods producers and develop tools to coordinate current assets and current liabilities management in agriculture at the regional level. Methods of financial management combined with tools of econometric and statistical analysis provide the basis for analytical review and modeling of current financial needs of agricultural goods producers in the Penza Oblast. The paper generalizes and systematizes financial methods of integrated operational management of current requirements in agriculture. The analysis shows a demand for transforming the elements of the integrated operational management policy. We developed an econometric model of dependence of the basic elements of policy on agrarian business entities. Its description enables to define and coordinate strategic decisions on operational management of current financial needs in the agrarian sector at the regional level. On the basis of obtained functional relations, it is possible to substantiate areas for improving the implemented agricultural policy aimed at additional financial resource mobilization in agriculture.

Un gran reto para el Museo Nacional del Prado: la celebración de su Bicentenario. Un caso práctico de gestión en museos

The aim of this article is not to provide a thorough description of all the activities that shaped the commemorative programme of the Museo del Prado´s Bicentenary throughout 2019, but to show a range of key activities in order to manage such an important event. Such actions have been carried out in conjunction with the museum´s day-to-day management and demanded a major effort from the whole team. The administrative capabilities of the museum —under the integral management model defined by interwoven technical tasks linked to the artistic collections and the most purely managerial tasks— have enabled us to accomplish such a great challenge.All in all, this commemorative Bicentenary has demanded from this institution a complex mobilization of human, financial, technical and physical resources, which has in turn required working on three key pillars: coordination, planning and communication. These words seek to help all readers who may have to face the management of a similar historic event in future.

Designing a global mechanism for intergovernmental biodiversity financing

AbstractThe Convention on Biological Diversity and the Nagoya Protocol display a broad international consensus for biodiversity conservation and equitable benefit sharing. Yet, the Aichi biodiversity targets show a lack of progress and thus indicate a need for additional action such as enhanced and better targeted financial resource mobilization. To date, no global financial burden‐sharing instrument has been proposed. Developing a global‐scale financial mechanism to support biodiversity conservation through intergovernmental transfers, we simulate three allocation designs: ecocentric, socioecological, and anthropocentric. We analyze the corresponding incentives needed to reach the Aichi target of terrestrial protected area coverage by 2020. Here we show that the socioecological design would provide the strongest median incentive for states which are farthest from achieving the target. Our proposal provides a novel concept for global biodiversity financing, which can serve as a starting point for more specific policy dialogues on intergovernmental burden and benefit‐sharing mechanisms to halt biodiversity loss.

Opportunities and Limitations for Achieving Land Degradation-Neutrality through the Current Land-Use Policy Framework in Kenya

The United Nations Convention to Combat Desertification (UNCCD) land degradation neutrality (LDN) scientific conceptual framework underscores that LDN planning and implementation should be integrated into existing planning processes and supported by an enabling policy environment. Land-use planning, which requires the integration of different policy goals across various sectors concerned with land-use, can be an effective mechanism through which decisions with respect to LDN can be coordinated. Using Kenya as a case study, we examined current policy instruments that directly or indirectly impact on the use of land in a rural context, to assess their potential to implement LDN objectives. The qualitative content analysis of these instruments indicated that they are rich with specific legal provisions and measures to address LDN, and that there are a number of relevant institutions and structures across governance levels. However, the main shortcoming is the disjointed approach that is scattered across policy areas. Key policy improvements needed to support effective implementation of LDN include: a national soil policy on the management and protection of soil and land; a systematic and coordinated data collection strategy on soils; mobilisation of adequate and sustained financial resources; streamlined responsibilities, and governance structures across national, regional and county levels.

On the Strategy for the Economic Security and Socioeconomic Development of Russia

ABSTRACT On May 13, 2017, the “Strategy for the Economic Security of the Russian Federation up to 2030” was ratified by the Russian government. This article considers the major question the “Strategy” tries to answer: How can Russia’s economic security by achieved and maintained? One major problem facing Russia today is the lack of government regulation of the economy. We consider some of the negative consequences of the lack of regulation, in particular massive deindustrialization. We describe several causes of deindustrialization (e.g., failed privatization and the absence of investment) and propose several ways that government regulation can facilitate the reindustrialization of the national economy (reinvesting resource wealth and creating long-term loans). Finally, we argue that to reverse negative economic trends, Russia must adopt a two-phase strategy to be completed in twelve years (2019–2030), which necessitates the mobilization of major financial and organizational resources. The first six-year phase (2019–2024) covers the massive innovative reconstruction of existing low-profit and negative-profit enterprises, and the second stage (2025–2030) will create large modern enterprises. The main goal for this twelve-year strategy is to bring the Russian economy into the orbit of the industrialized countries and to use the system of innovation accumulated during this time to start the new stage of state-corporate capitalism characterized by industrialization.

Entrepreneurship, a determinant factor in the sustainable development of small businesses

Entrepreneurship has emerged from people's permanent desire to meet their own needs, namely the permanent capacity to adapt to the new technological challenges of the markets and to create new elements to meet the needs of the market. Due to their innovative nature, entrepreneurs persist in discovering new sources of documentation to continually improve their activities. For the sustainable development of small businesses, especially in rural areas, the role of entrepreneurs is determined by their knowledge capacities in terms of supply, the cost of their products and services, and the mobilization of financial resources in the development of new businesses or the expansion of existing businesses.

Challenges of Implementing Consortium Strategy in Development Projects at ViAgroforestry, Kenya

Consortium strategy involves an arrangement in which organizations develop, utilize and amalgamate structures, cultures, and operational systems to support competitiveness in delivery of service in a dynamic environment. This study sought to investigate challenges of implementing consortium strategy and measures to mitigate the challenges at ViAgroforestry, Kenya. Through a case study design both primary and secondary data were gathered through personal interviews and analysis of relevant documents respectively. Content analysis was used to analyze data. The study established that, both internal and external factors affected effective consortium strategy implementation at ViAgroforestry. The external factors that affected strategy implementation included social-cultural, political, economic, and technological factors. The internal factor included leadership and management styles, competency of employees among the partner organizations, lack of employee commitment to consortium operation, lack of adequate financial resources, unclear implementation guidelines and inconsistency in deployment of employees to support consortium. The mitigation measures to deal with the challenges include building employee competencies and confidence, setting up and reinforcing clear guidelines for selecting, recruiting and exiting partners in the consortium, mobilization of adequate financial resources, enhanced integration of Information Communication Technology (ICT) within the operating systems, and democratic style of management among partners. It was recommended that ViAgroforestry, Kenya should align organizational structure, provide adequate resources, build employee competencies and set and reinforce clear guidelines for operations while integrating ICT in its operations for effective consortium strategy implementation. In view of the limitations of the study, further research has been suggested on evaluating performance of consortium strategy implementation at ViAgroforestry, Kenya.

Influence of Taxes in the Mobilization of Financial Resources

The article is devoted to the study of the relationship between the inflation process, the state budget, tax exemptions from household incomes, as well as the stimulation of investment activity of corporations. In order to assess the interrelationship of these financial and economic phenomena, the opinions of various domestic foreign scientists and government officials were reviewed, and practical data from a number of countries that took place in different time periods were analyzed. The effect of the considered indicators on income and investment activity of the population and corporations is shown. The authors' opinion is given in relation to the policies pursued by different countries in this area.

Мобилизация денежных средств населения в годы Великой Отечественной войны: практика Саратовской области

Мобилизация денежных средств населения в годы Великой Отечественной войны: практика Саратовской области

THE ROLE OF THE STOCK MARKET IN THE MOBILIZATION OF LONG-TERM FINANCIAL RESOURCES

The main purpose of the research is to define mobilization of long-term financial resources in the stock market, to analyse the current situation and give some suggestions for improvement of investment. The author tries to research the impact of investment on the stock market because everyone knows long-term financial resources are very significant for the market and affect economic growth. The paper examines the current state of investment activity in the stock market in our republic and around the world, as well as the impact on the economy of this activity is investigated. The author investigates the impact of investment activity in the stock market on the economy and ways of correct use of investment activity. Indeed, investment is a long-term investment in various sectors of the economy for making profit. Investment – consists of financial means put into objects of entrepreneurship and other types of activity, as well as material and intellectual resources for the purpose of earning (profit) or social benefits. Despite its popularity and presence in the news, the stock market is just one of many potential places to invest your money. Investing in stocks is often risky, which draws attention to the huge gains and losses of some investors. If you manage the risks, you can take advantage of the stock market to secure your financial position and earn money.

Концепция роста капитальных вложений сельскохозяйственных предприятий в России

The Russian agricultural enterprises feel the need for updating and building-up of amounts of fixed assets. The research purpose is a development of the concept of stimulation of capital investments for agrarian firms of Russia. The article contains data on real investments and sources of their financing in domestic agricultural organizations. Scientific work reflects problems of mobilization of own financial resources and conceptual provisions in the field of growth of capital investments of agrarian firms. The central place in the author’s concept is taken by a package of measures for additional inflow of sources of capital financing. The main direction is an implementation of tax optimization in accounting practice of agricultural organizations. The concept includes control of target use of sources of financing of capital investments and express-analysis of efficiency of capital costs by each project.