Role Of Authorities Research Articles

Effective credit risk mitigation strategies: Solutions for reducing exposure in financial institutions

Credit risk remains a critical concern for financial institutions, especially in the context of economic uncertainties and volatile market conditions. This paper examines the importance of credit risk mitigation strategies and presents solutions for reducing exposure in financial institutions. The research focuses on various strategies employed by banks and other financial institutions to manage credit risk effectively. The paper begins with an overview of credit risk and its significance in the banking industry. It discusses the various types of credit risk faced by financial institutions, including default risk, concentration risk, and systemic risk. The paper then highlights the importance of credit risk mitigation strategies in reducing the impact of these risks on financial institutions' balance sheets and profitability. Next, the paper explores different credit risk mitigation strategies used by financial institutions. These strategies include diversification of credit portfolios, collateralization of loans, credit derivatives, and credit insurance. The paper discusses the advantages and disadvantages of each strategy and provides examples of how these strategies have been implemented successfully in the banking industry. Furthermore, the paper examines the role of regulatory authorities in overseeing credit risk management practices in financial institutions. It discusses the regulatory framework for credit risk management and highlights the importance of compliance with regulatory requirements in mitigating credit risk. Finally, the paper concludes with a discussion on the future of credit risk mitigation strategies in financial institutions. It emphasizes the need for continuous innovation and adaptation to new market conditions and regulatory requirements. The paper also stresses the importance of integrating credit risk management into overall risk management frameworks to ensure a comprehensive and effective approach to managing risk in financial institutions. Overall, this paper provides valuable insights into the importance of credit risk mitigation strategies in financial institutions and offers practical solutions for reducing exposure to credit risk. It serves as a useful resource for financial professionals, regulators, and policymakers seeking to enhance their understanding of credit risk management practices in the banking industry.

Bloomington and Cambridge compared: varieties of ontological thinking, social positioning, and the self-governance of common-pool resources

Abstract This paper contributes to the literature on ontology and the history of economic thought by examining the ontological commitments of Nobel Laureate Elinor Ostrom from the vantage point of recent work on social positioning theory (SPT). The comparison highlights important features of Ostrom’s thought on common-pool resources (CPRs), most notably her emphasis on social positions and the correlative nature of the rights and duties and the role of power and authority associated with them. In addition to highlighting similarities between Ostrom and SPT, the paper also identifies differences and possible gains from trade. It is argued that Ostrom’s approach could potentially be enhanced by following SPT in allowing for the social positioning of objects as well as people and that SPT might benefit from Ostrom’s ideas about the epistemic challenges involved in deliberate attempts at social positioning and the possibility of failures in social positioning such challenges might entail.

Content analysis of press releases from the Norwegian serious fraud office: what do the messages say about focal concerns?

PurposeThis article reviews 69 press releases published by the Norwegian Økokrim from June 2022 to November 2023. The presented research applies the theory of focal concerns to identify the main themes in the press releases.Design/methodology/approachSerious fraud offices such as the Norwegian national authority for investigation and prosecution of economic and environmental crime (Økokrim) are facing many challenges when combating white-collar and corporate crime. Press releases represent an element of facing such challenges, as the messages are an important vehicle for the organization to disclose organizational activities to the public.FindingsThree themes emerged: offender conviction, impression management and crime deterrence. Offender prosecution followed by offender conviction is at the core of Økokrim's business. Impression management serves the purpose of emphasizing the important role of the national authority in society. The subjective perception of detection and prosecution by potential offenders can be influenced by crime deterrence messages.Research limitations/implicationsPress releases are signals that may be interpreted in other ways.Practical implicationsWhen politicians are to review national authorities, they may want a slightly different serious fraud office.Social implicationsThe deterrence effect is often not real for alleged white-collar crime.Originality/valueUnderstanding a national authority in terms of its focal concerns based on press releases from the authority.

Which Local Jurisdictions Are Environmental Policy Entrepreneurs? Insights from Israel

Environmental challenges demand local-level engagement. This study delves into the often overlooked entrepreneurial role played by “off-the-map” local authorities in environmental policy. By examining factors influencing Local Environmental Policy Initiatives (LEPIs), including demographic and socioeconomic characteristics, environmental impact, and promotion strategies, we offer a comprehensive analysis. In contrast to studies that spotlight prominent cities, we prioritize the majority—ordinary local governments. Leveraging Israel as a case study, we employ a mix of quantitative and qualitative methods, to validate prior hypotheses suggesting that economically stable and larger authorities tend to initiate more LEPIs. Nevertheless, our research reveals a pro-environmental inclination, even among authorities traditionally not categorized as entrepreneurial. Consequently, smaller and less influential authorities adopt tailored approaches such as problem-framing and terminology strategies to drive environmental initiatives forward. These findings underscore the critical role of local authorities in advancing environmentally sustainable practices, emphasizing their significance in the broader landscape of environmental policy. Notably, they highlight the imperative nature of targeting strategies toward untypical entrepreneurial authorities, to maximize the potential impact of widespread environmental change from the bottom up.

The relationship between governance structure and tourism development in China: Evidence from time and frequency domains

AbstractThe purpose of this study is to examine the relationship between governance structure and tourism growth in China. This study examines the worldwide governance indicators’ correlation with tourism development (TD) through the time and frequency approach. The sample used in this study covers the duration from 2002Q1–2019Q4; the connection among the variables under consideration, named corruption control, political stability and absence of violence/terrorism, the rule of law, voice and accountability and regulatory quality, is examined individually with respect to TD. The outcome of the study highlights the considerable importance of governance structure indicators in developing the tourism sector. Moreover, the results verify causal connections among the time‐series of the variables under consideration, pointing towards the dynamic nature of their influence. Based on the results, this study stresses the imperative role of government and authorities in improving the quality of governance. Moreover, governance indicators are crucial for economies as they portray the reputation and image of a country, therefore interesting international tourists and strengthening the tourism sector. Additionally, the results not just emphasize the significance of a strong governance structure but also call for a strategic plan which fosters TD in the upcoming years.

Enhancement the Legal Regulation of the Activities of Local Administration amidst the Spread of Diseases Posing a Danger to the Population

This article examines the current theme of improving the public authority activities in the context of the spread of diseases that pose a particular danger to people. This research is aimed at studying the legal and organizational measures taken by public authorities, municipalities in the context of the spread diseases that pose a threat to all countries world -wide. The article analyzes the authorities of public bodies and the rights of citizens in connection with the provision of operational measures targeted at prevention, restraint, averting of dangerous diseases. The crucial role and responsibility of public authorities to ensure the sphere of citizens’ health protection and provide medical assistance to the population is specified. The assessment of the medical care availability in urgent situations is effected. The issues of creating conditions for the provision of high quality, qualified, prompt medical care to people are considered. The study has identified shortcomings in the activities of public authorities in timely response to violations of citizens' rights in the field of health care. It also pays attention to taking measures to reduce death rates, providing high-quality medications, conditions of sanitary and epidemiological well-being of the population, since these important factors affect the degree of stability of social and industrial activities, the country economy, direct communication in household and economic activities.

The Nexus of Cybercrime and Money Laundering: A Conceptual Paper

The nexus between cybercrime and money laundering poses significant challenges that require a holistic understanding and strengthened global efforts to address. Cybercrimes provide financial motivation for criminals to engage in illicit activities. Techniques like cryptocurrency laundering and exploiting online payment systems allow criminals to disguise illegal proceeds. Investigating these modern financial crimes faces hurdles from rapid technological advancements, encryption, international jurisdiction issues, and lack of standardized information sharing between agencies and sectors. Gaps exist in current anti- money laundering legal frameworks in properly criminalizing emerging cyber threats and prosecuting related offenses effectively, as seen in the Malaysian context. Reforms are needed to enhance enforcement mechanisms, risk assessment practices, and the role of regulatory authorities like the Financial Intelligence Unit. A comprehensive approach combining updated laws, improved inter-agency coordination, public-private collaboration, and adaptive strategies is crucial to counter the evolving nexus between cybercrime and money laundering in today's digital landscape.

Exploring Embedded Contextual Factors and Their Contribution to Facilitating Autonomous Learning

This study delves into the influence of contextual factors on learner autonomy, highlighting that autonomous learning can be manifested differently due to contextual factors. This study engaged in exploring the learners’ attitudes and learning practices to understand whether contextual factors facilitate learner autonomy in the university context. This study examined contextual factors, e.g., peer interaction, teachers’ role, the curricular context, and prior learning experience, with a view to accomplishing its mission. Data was collected from 20 English language learners using semi-structured interviews, and thematic analysis was employed to analyze the data sets. The findings reveal that peer interaction facilitates autonomous learning through cooperation. Teachers’ authoritarian roles seem to impede the development of learner autonomy. The curricular context tends to be obstructive since it prioritizes rote learning and delimits opportunities for autonomous practices. Participants’ prior experiences of teacher-dependent and rote learning appear to impede their current autonomous learning. The findings of this study implicate that school curricula should create ample opportunities from the early levels of education to maximize learning potential through autonomous learning.

Navigating agroecological urbanism: examining linkages and interdependencies within alternative food networks

In pursuing agroecological urbanism – a strategic endeavor to dismantle disempowering structures within urban food systems through cultivating mutual interdependencies – alternative food networks (AFNs) emerge as pivotal catalysts for transformative change. Indeed, there are increasing arguments for AFNs working on diverse issues to pool resources and address food system challenges from multiple perspectives under a common frame. However, a pressing need exists for greater clarity on tensions and challenges in establishing a network of AFNs within a shared framework, such as that fostered by agroecological urbanism. This study explores impediments to organizing AFNs into transformative networks, drawing insights from two diverse urban contexts – Preston, England, and Vitoria-Gasteiz, Basque Country – using a case study methodology comprising online semi-structured interviews and participant observation. Our findings underscore three primary barriers to this process: divergent conceptualizations of food questions, education and awareness-raising as a limited convergence point, and constrained resources. Such barriers generate a practical divorce between social and environmental goals in the experiences analyzed. Central to this division is also the pivotal question of the subject of justice – whether AFNs advocate primarily for urban citizens’ interests or prioritize peri-urban and rural farmers’ concerns. The analysis highlights the need to develop inclusive socio-ecological narratives within the overarching framework of agroecological urbanism as a critical step in fostering collaborative coalitions among AFNs that move beyond individualized change. Building these coalitions would depend on funding availability for long-term strategic collaborative efforts, emphasizing the crucial role of public authorities in such processes.

Performances of Hope and Despair: A Case Study of Organ Donation Between a Palestinian and Israeli Jew Amidst War.

We explore the phenomenon of organ donation between rivals in time of war when a significant gift such as organ donation is given not just to a "stranger" but to a stranger who may be considered an enemy. This is a case study of a unique organ donation event that occurred in Israel during Operation Guardian of the Walls in May 2021. It involved a Palestinian boy killed by a Jewish policeman and a Jewish man killed by Palestinian youths. Both victims, lacking organ donor cards, had their organs donated by their families with the awareness that recipients could come from the "opposing" group. We ask: (1) How do families from rival groups construct meaning in their decision to donate organs? (2) How do they construct meaning in their experience of loss? The findings reveal that bereaved families imbue their actions with political and religious significance, framing the organ donations as a "universal gift" guided by religious commandments to save lives. While these acts initially transcend cultural and national boundaries, a lack of recognition and gratitude afterward can lead to disillusionment, reinforcing "us" versus "them" boundaries. This study underscores the intricate dynamics in organ donations during political conflict and the pivotal role of religious authorities in shaping perceptions and meaning. Moreover, it highlights the potential for organ donations to foster reconciliation and coexistence amidst conflict, provided mutual recognition in cases where compassion and understanding of loss are prioritized.

The intervention of local public authorities and the impact of the COVID-19 pandemic in Romania: a subnational analysis.

The COVID-19 pandemic had a strong territorial dimension, with a highly asymmetric impact among Romanian counties, depending on pre-existing vulnerabilities, regions' economic structure, exposure to global value chains, specialization, and overall ability to shift a large share of employees to remote working. The aim of this paper is to assess the role of Romanian local authorities during this unprecedented global medical emergency by capturing the changes of public spending at the local level between 2010 and 2021 and amid the COVID-19 pandemic, and to identify clusters of Romanian counties that shared similar characteristics in this period, using a panel data quantitative model and hierarchical cluster analysis. Our empirical analysis shows that between 2010-2021, the impact of social assistance expenditures was higher than public investment (capital spending and EU funds) on the GDP per capita at county level. Additionally, based on various macroeconomic and structural indicators (health, labour market performance, economic development, entrepreneurship, and both local public revenues and several types of expenditures), we determined seven clusters of counties. The research contributes to the discussion regarding the increase of economic resilience but also to the evidence-based public policies implementation at local level.

Роль имперских органов власти в процессе выборов мусульманского духовенства в общинах Енисейской губернии во второй половине XIX – начале XX в.

Introduction. The article discusses some actual conditions experienced by Muslim clerics of Yenisei Governorate (Eastern Siberia) in the context of Imperial Russia’s religious policies throughout the mid-nineteenth to early twentieth centuries. Attention is drawn to that the mid-to-late nineteenth century witnessed a Muslim population increase across the region, which implied that increased spiritual needs be duly satisfied. Goals. The article aims at specifying the role of official authorities in electing Muslim clerics within Yenisei Governorate. Materials and methods. The study focuses on corresponding imperially approved regulations for Muslim clergy and archival materials housed at the State Archive of Krasnoyarsk Krai, Central State Historical Archive of Bashkortostan, and Russian State Historical Archive. It is noteworthy that quite a number of the archival materials are being newly introduced into scientific circulation. The work rests on the methodological principles of objectivity and historicism that prove instrumental in assessing the government’s role in shaping the institution of Muslim clergy in Yenisei Governorate. To accomplish this, the chronological and historic-genetic methods are used. Results. The region’s sociohistorical agenda made any elections of required clerics somewhat problematic. The imperial statutes banned exiled (relocated) believers from participating in such processes, but sometimes legally capable members of a community were even fewer that the former. The obtained status of a mediator between the mahalla and government agencies would, inter alia, give rise to internal controversies. However, believers tended to perceive their mullah as a defender of their interests even at the government level. Our insights into archival materials attest to governorate-level executives had no clear understanding of how to arrange elections of Muslim clerics. Virtually being a government-sanctioned body, Orenburg Mohammedan Assembly would take pains to guarantee trustworthiness of to be appointed candidates. In the early twentieth century, such applicants would face even more restrictions enshrined by regulations and procedures of the Ministry of Internal Affairs.

Local authorities at the European Court of Human Rights

ABSTRACT The high-level Reykjavík Declaration (2023) recognises the importance of local authorities (the lowest tier of administration within a state) for the functioning of the European Convention on Human Rights (ECHR) system. This article seeks to provide a better understanding of the human rights role of local authorities and the potential of the European Court of Human Rights (ECtHR) as a promoter of this role. It examines how local authorities appear in the judgments of the ECtHR and assesses the extent to which they provide clear pictures of local authorities and their role in human rights issues. The analysis draws on a close reading of a sample of cases encompassing a diverse set of states and human rights issues. It shows how the ECtHR’s reasoning indicates what is required of a local authority for a specific set of circumstances, but also the general attributes of local authorities that are conducive to the provision of human rights. For judgments of the ECtHR to promote local authorities as human rights actors, local authorities and their interlocutors need to be able to identify the judgments and the elements of reasoning therein that are of most relevance for their circumstances.

IMPLEMENTATION AUTHORITY OF THE CONSTITUTIONAL COURT IN THE INDONESIAN CONSTITUTIONAL LAW SYSTEM

This study delves into the historical evolution and significance of Indonesia's Constitutional Court, focusing on its speculated super authority and independent interpretation of the Constitution. Rooted in the global context of judicial review, the research traces the court's pivotal role back to discussions during the Draft Constitution at BPUPKI and its prominence in the 1945 reform era. With the primary goal of providing a comprehensive understanding of the Constitutional Court's journey, the study sheds light on its distinctive authority and pivotal role within Indonesia's legal and constitutional framework. The research explores the court's exclusive jurisdiction, making its decisions final and binding and limiting legal recourse for dissatisfied parties. By examining the court's historical development and legal foundations, the study elucidates the Constitutional Court's role as a guardian of the constitution. The research reveals that the court's significance stems from its establishment as a constitutional guardian during the 1945 reform era, gaining prominence with the Third Amendment to the 1945 Constitution. The court's exclusive jurisdiction solidifies its position as a final arbiter in constitutional matters, shaping the legal landscape and restricting avenues for legal redress. In conclusion, the Constitutional Court has evolved into a central player in constitutional interpretation, wielding exclusive jurisdiction and serving as a final arbiter, emphasizing its unique authority and indispensable role in shaping Indonesia's legal and constitutional framework.

Navigating governance with sticks, carrots, and sermons: Paving paths for sustainable development goals through local spatial planning

AbstractThe 2030 Agenda underscores the vital role of local authorities and civil society in implementing sustainable development goals (SDGs). Aligning with this agenda, the EU's spatial development framework imparts normative values, emphasizing sustainable territorial development, participatory governance, and multi‐level cooperation. This framework serves as a potential facilitator for spatial planning to ensure policy coherence in SDG implementation. Despite its potential, mainstreaming the 2030 Agenda through spatial planning encounters challenges, particularly navigating unresolved tensions between global SDG formulation and local ownership. These challenges are accentuated in countries with conformative planning systems and weak governance structures, requiring a specific methodological approach. To address these complexities, this study investigates the opportunities for leveraging SDGs within the multi‐level governance arena of spatial planning. Employing mixed quantitative and qualitative data analysis methods in a local planning context, the research explores key concerns arising from regional, national, and EU spatial development policies. The study delves into their potential leverage capacity for guiding and funding SDGs within a specific local context. Results suggest that using different policy mechanisms, spatial planning can better address the holistic nature of the 2030 Agenda. Although not all SDGs can be leveraged, a substantial part can be addressed whenever a broader multi‐level governance perspective is considered within local planning contexts.

Education and biopolitics: deconstructing authority in Polish textbooks

The article examines the mutual relations between education, biopolitics and authority. The objective is to deconstruct authority in relation to three biopolitical issues: abortion, sexual orientation, and IVF. This deconstruction is performed by analysis of the manifestations and strategies of authority employed in Polish textbooks for four subjects at secondary school: social studies, family life education, ethics, and religion. This provided an answer to the question both about the significance of biopolitical issues in the education process and about the role of authority in their construction. The main rhetorical practices for the construction of authority were science, using the strategy of “stating facts”; law, with the strategy of “establishing order”; and religion, whose strategy is “initiating opposition”. In the article, I conduct a qualitative analysis of each of the three rhetorical practices and make conclusions on the role of authority in the process of teaching biopolitical issues in school.

Intermediaries in local schooling landscapes: policy enactment and partnership building during times of crisis

ABSTRACT Despite the expansion of New Public Management reforms across the globe and complimentary trends of disintermediation, performance and privatisation, local government authorities in England continue to shape local schooling landscapes. In this paper, we document the role of a local government authority in England in an initiative called ‘Building On’, directed at supporting teachers in the first year of compulsory school to develop and transform their pedagogical practices in response to and following the COVID-19 pandemic. Drawing on evidence generated from interviews, observations and documentary analysis, we demonstrate that local government personnel performed two important and potentially decisive roles within this initiative: first, as interpreters and translators of policy; and second, as brokers of partnerships and collaborative exchanges. We then illustrate, using the analytic of policy enactment, the contextual dimensions underpinning the role performed by local government personnel within the initiative.

Managing circular ecosystems in imperfect contexts – the case of extractive fishing in the Brazilian Amazon region

Purpose This study aims to answer the question of how to structure a circular ecosystem for extractive fishing in the Amazon region. It explores possibilities for implementing a circular ecosystem management model in an imperfect market with low technological availability, high informality and limited public assistance. Design/methodology/approach Qualitative approach was adopted for this paper, with a case study on extractive fishing in the state of Amazonas. Data was collected through 35 interviews and direct observation of the processes of collecting, storing and transporting fish on two routes: Tapauá-Manaus and Manacapuru-Manaus. Findings Through the data collected, it was possible to observe the importance of an orchestrating agent – such as an association or even a public authority – for the establishment and development of a circular ecosystem for extractive fishing in the region. Research limitations/implications The paper makes theoretical contributions by presenting how a circular ecosystem management model could be implemented for an imperfect market in the Global South, as well as contributing to the literature on how the circular economy contributes to mitigate the threat to biodiversity posed by the linear economy. Practical implications It contributes to the management practice of structuring circular ecosystems. Social implications The role of public authorities and the collective organization of fishermen as orchestrators connecting the network of actors that develop the extractive fishing ecosystem is fundamental, guaranteeing effective social participation in solving local problems. Originality/value The idea of circular ecosystems was applied to imperfect contexts, with high informality, weak institutions and bioeconomy, topics still little explored in the literature.

The Effect of Watching Turkish Series on Gender Harmony in Jordanian Society

The Effect of Watching Turkish Series on Gender Harmony in Jordanian Society

The Role of the Financial Services Authority as a Strategic Partner for the Progress of the Indonesian Capital Market

The Indonesian capital market still faces several obstacles, including relatively low growth rates, limited access to finance, and significant financial risks. Financial services authorities can become strategic partners that encourage capital market growth and stability by innovating products and services, increasing financial access, and collaborating with other parties. This research uses a descriptive type of research with a literature review and reading sources related to the research collected using the literature review research method. This research aims to explore the role of financial services authorities as strategic partners in supporting the progress of the capital market in Indonesia. Based on various sources and theories, it can be concluded that as a supervisory authority, the OJK regulates and supervises institutional, prudential and sound aspects and carries out inspections of financial institutions to ensure that each financial institution is healthy and able to serve the public interest. OJK regulations apply to the issuance of operating permits for stock exchanges, clearing and guarantee institutions, investment fund custodians and settlement agents, securities companies, investment advisors, securities bureaus and other legal entities. OJK also collaborates with various related parties, including educational institutions, the financial industry and the government, to encourage innovation in the Indonesian capital market. The impact of this OJK partnership can help mitigate community losses due to errors by capital market players.