European Integration of Georgia and FinancialEconomic Condition: Achievements and Challenges

2021

E3S Web Conf.

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The article is devoted to substantiation of significance of speculative operations and follows the goal to study their condition and development. The purpose of this article is to reveal the essence of the speculative component of the movement of investment capital in stock exchange. It is substantiated that existence and stability of the securities market plays a significant role in development of financial market, which in turn becomes a key element in the mechanism of economy. The authors emphasize that the liquid market continues to function even with a large number of economic agents while price fluctuation of securities have a little change. It has been established that speculation can be carried out on the stock exchange both using cash and in futures transactions. However, operating with cash transactions has fewer combinations and in general less profitable, thus the main arena of speculators becomes the market of future transactions. It has been proven that speculative profits are possible during both “bullish games” and in shorting’s, thus becoming an important tool for additional attraction of investments. Consequently, speculations have a crucial role in achieving a balance between capital market participants.

Section: Methodological Foundationsmentioning

confidence: 99%

Influence of speculative operations on the investment capital: Anempirical analysis of capital markets

Slobodianyk

2021

E3S Web Conf.

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“…The paper is based on both quantitative and qualitative methods of research. To answer the research question include to analyse the scientific publications on the relevant topic, In particular, the Banking Competition and Bank Concentration and their impact on the socio-economic situation of country (Agostino, et al, 2008;2010;2012;Andrieş et al, 2014;Bikker, et al, 2005;Beck, et al, 2013;Berger, et al, 2009;Dash, et al, 2020;De-Ramon, et al, 2018;Fu, et al, 2014;Kanas, et al, 2019;Montes, 2014;Shair, et al, 2019;Staikouras, et al, 2006;Tabak, et al, 2012;Tan, et al, 2016;2017;Titko, et al, 2015;Zigraiova and Havranek, 2016), influence of monetary policy on interbank competition (Abuselidze, 2019b), financial-economic policy (activities) against crisis and fragmentary approaches among them (Abuselidze, 2019c;2020c). The results of the surveys conducted by the leading research organization, economic models and statistical data (Bank of Georgia, 2019;Canhoto, 2004;Casu and Girardone, 2006;Chalikias, et al, 2020;Claessens and Laeven, 2004;Coccorese, 2008;Delis and Papanikolaou, 2009;Gischer and Stiele, 2009;Hamza, 2011;Liberty Bank, 2019;Leroy, 2019;Maradana, et al, 2017;Mandic, 2014;Marius and Căpraru, 2012;Memić...…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Banking Competition on Economic Growth and Financial Stability: An Empirical Investigation

2021

EJSD

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The paper examines the level of competition in banking market using different econometric models and analyzes the impact of efficiency of the banking system on the economic growth of the country. The research discusses to ensure banking competition as a function of the Central Bank. Also, the paper includes some recommendations developed to improve banking competition. Our hypothesis is that the existence of high levels of banking competition and low concentration in the banking market balances the speed of money supply in the economic sector. As a result, the Central Bank's monetary policy will be more effective in achieving its core objectives. Therefore, banking competition contributes to the economic growth of the country. In addition, the monetary policy of the Central Bank concentrates on financial stability, which is one of the fundamental factors in the economic development of a country.

“…Georgia ranks among the world’s leading countries in the share of the tourism sector in GDP (approximately 11%). Therefore, it plays an important role in terms of foreign exchange inflows to Georgia [ 61 ] and, consequently, the stability of the GEL exchange rate. Revenue from tourism in January 2020 was 17% higher than the previous year.…”

Section: Pandemic and Its Impact On The Black Sea Regionmentioning

confidence: 99%

The Impact of the COVID-19 Outbreak on the Socio-Economic Issues of the Black Sea Region Countries

Computational Science and Its Applications – ICCSA 2020

Mamaladze

2020

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The COVID-19 appeared in Hubei Province (China) at the end of 2019 and it was assessed as a global pandemic in March 2020. Because of pandemic radically transformed the existing reality and created a completely new Pandeconomic (economic, social and political) challenges to the world. There were restricted international air, land and sea traffic, as well as domestic traffic, cultural and sports events, social events and economic activities as part of the activities taken by the states against the spread of the virus. The aim of the research is to study the impact of the current pandemic situation on the socio-economic issues of the Black Sea Region countries. The paper systematically analyzes economic processes of the Black Sea Region countries in the domestic and international context. In addition, the analysis of the planned anti-crisis activities outlines future prospects and develops recommendations. It is likely that the crisis caused by the pandemic will last longer than COVID-19 itself. Consequently, the results presented in the study and the recommendations developed based on the research have a practical purpose in eliminating the Pandeconomic crisis.