Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy
The goal of the article lies in identification of influence of globalisation upon efficiency of financial and loan instruments that ensure regulation and stimulation of employment and the role of transaction costs in these processes. To achieve the goal, the article shows how globalisation processes...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
PH "INZHEK"
2013-03-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/pdf/2013/3_0/227_232.pdf |
| _version_ | 1797330026720395264 |
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| author | Glushach Anna V. Arkhiyeryeev Sergey I. |
| author_facet | Glushach Anna V. Arkhiyeryeev Sergey I. |
| author_sort | Glushach Anna V. |
| collection | DOAJ |
| description | The goal of the article lies in identification of influence of globalisation upon efficiency of financial and loan instruments that ensure regulation and stimulation of employment and the role of transaction costs in these processes. To achieve the goal, the article shows how globalisation processes, which take place in the sphere of the financial sector, influence the real economy and employment of the population, identifies positive and negative sides of this influence. The article conducts analysis of causes and effects of the financial and economic crisis from the point of view of the theory of transaction costs, in the process of which the role of specific types of these costs in the processes that took place was ascertained. In the course of the study the article reveals negative influence of the growing disproportion between the public and private transaction costs of the risks of financial and economic instability, especially in the countries with the transformation economy, and justifies the necessity of stabilising mechanisms of the international financial market with the aim of elimination of the marked transaction disproportions such as introduction of a special tax on financial transactions or establishment of the double currency course: less flexible – for servicing trading operations, and more flexible – for regulation of financial flows. Studies of negative effects of integration processes allowed formation of directions of the state policy, which would prevent dangerous consequences of interference of the foreign capital with the financial sector and would protect the Ukrainian labour market from influence of negative effects of integration processes. |
| first_indexed | 2024-03-08T07:13:47Z |
| format | Article |
| id | doaj.art-b1d15850d6024a5ab91f55ce6d5ae5ac |
| institution | Directory Open Access Journal |
| issn | 2222-0712 |
| language | English |
| last_indexed | 2024-03-08T07:13:47Z |
| publishDate | 2013-03-01 |
| publisher | PH "INZHEK" |
| record_format | Article |
| series | Problemi Ekonomiki |
| spelling | doaj.art-b1d15850d6024a5ab91f55ce6d5ae5ac2024-02-03T01:47:59ZengPH "INZHEK"Problemi Ekonomiki2222-07122013-03-013227232Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economyGlushach Anna V.0Arkhiyeryeev Sergey I.1 V. N. Karazin Kharkiv National University V. N. Karazin Kharkiv National University The goal of the article lies in identification of influence of globalisation upon efficiency of financial and loan instruments that ensure regulation and stimulation of employment and the role of transaction costs in these processes. To achieve the goal, the article shows how globalisation processes, which take place in the sphere of the financial sector, influence the real economy and employment of the population, identifies positive and negative sides of this influence. The article conducts analysis of causes and effects of the financial and economic crisis from the point of view of the theory of transaction costs, in the process of which the role of specific types of these costs in the processes that took place was ascertained. In the course of the study the article reveals negative influence of the growing disproportion between the public and private transaction costs of the risks of financial and economic instability, especially in the countries with the transformation economy, and justifies the necessity of stabilising mechanisms of the international financial market with the aim of elimination of the marked transaction disproportions such as introduction of a special tax on financial transactions or establishment of the double currency course: less flexible – for servicing trading operations, and more flexible – for regulation of financial flows. Studies of negative effects of integration processes allowed formation of directions of the state policy, which would prevent dangerous consequences of interference of the foreign capital with the financial sector and would protect the Ukrainian labour market from influence of negative effects of integration processes.http://www.problecon.com/pdf/2013/3_0/227_232.pdfglobalisationfinancial sectortransaction costslabour marketemployment |
| spellingShingle | Glushach Anna V. Arkhiyeryeev Sergey I. Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy Problemi Ekonomiki globalisation financial sector transaction costs labour market employment |
| title | Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy |
| title_full | Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy |
| title_fullStr | Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy |
| title_full_unstemmed | Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy |
| title_short | Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy |
| title_sort | transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy |
| topic | globalisation financial sector transaction costs labour market employment |
| url | http://www.problecon.com/pdf/2013/3_0/227_232.pdf |
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