Research
Digital Transformation of the National Economy: Challenges and Development Perspectives
The author analyses the impact of the ICT sector on the Belarus’ economy, taking into account the significant of the sector in the process of digital transformation. Finally, the article reveals the main advantages of digitalization and identifies the challenges that governments face in the process of transfer economies to digital format.
Development of the P2P Lending Market: Peculiarities of Functioning and International Experience of Development
The paper is devoted to the P2P lending companies’ activities. The paper gives the definition of crowdlending (P2P lending), describes specific features of this activity and presents its main advantages and disadvantages. The research defines the types of P2P lending and describes the main models of the crowdlending online platforms’ functioning.
Money and monetary funds as economic categories and their relationship with cryptocurrencies
In the article the categories of “money” and “monetary funds” are analyzed and the author’s interpretation of these definitions are given. Taking into account the growing popularity of cryptocurrencies, the author proposes a structure of interrelations of monetary funds, tokens, electronic and virtual money. With the purpose of giving a clearer understanding of the government positions on the issue of the virtual money market development, the article provides examples of operations’ regulations with cryptocurrencies in a number of countries.
Cryptocurrencies: Essential Characteristics and Practical Aspects
In the article the essence of electronic and digital money is analyzed, comparative analysis of these two categories is carried out, taking into account their distinctive characteristics and common elements. Virtual money, including cryptocurrencies, is distinguished as a subspecies of digital money. Cryptocurrencies are analyzed based on the most famous ones, such as Bitcoin, Litecoin, Ripple, DASH, etc.
Corporate Engagement in Fighting Corruption and Tax Evasion in Construction Sector
This is the Final Report for the project Corporate Engagement in Fighting Corruption and Tax Evasion. The project, financed by the Nordic Council of Ministers, includes three partners: Transparency International Latvia (Delna, host organisation), Transparency International Finland and BEROC, a research institute in Minsk, Belarus. The aim is to engage entrepreneurs in fighting corruption and tax evasion, with a focus on municipal construction procurements in Latvia, Belarus and Finland.