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1 – 10 of 156The chapter evaluates how the demise of cryptocurrencies as a medium of exchange may result from the issue of digital money by central banks. To evaluate the likelihood that…
Abstract
The chapter evaluates how the demise of cryptocurrencies as a medium of exchange may result from the issue of digital money by central banks. To evaluate the likelihood that central bank digital money would cause the demise of cryptocurrencies, the research employs discourse analysis and literature review. In this chapter, I demonstrate how the issuing of a digital currency by a central bank might result in the demise of private digital currencies like bitcoin. I contend that central banks will make use of their monetary authority and the confidence that people have in currency guaranteed by the government. This might provide considerable motivation for central banks to launch their own digital money. The creation of a digital currency by a central bank has the potential to reduce confidence in cryptocurrencies, which might eventually cause them to collapse. The chapter is the first to argue that fiat digital money should prevail over private digital currency.
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Aleksei V. Bogoviz, Dina N. Savinskaya, Alfira M. Kumratova, Tatiana B. Fonina and Naimdzhon M. Ibragimov
The purpose of this chapter is to compile the expected scenarios of development of information economy in the global economic system, determine the role of scenario that envisages…
Abstract
Purpose
The purpose of this chapter is to compile the expected scenarios of development of information economy in the global economic system, determine the role of scenario that envisages practical implementation of the new model of a well-balanced information economy among these scenarios according to the criterion of effectiveness and probability, and select and substantiate the optimal scenario.
Methodology
Due to the absence of initial statistical information that allows characterizing the basic conditions for further development of information economy in the global economic system, the method of stochastic modeling is used for describing forecast scenarios in this chapter. This method is used due to its applicability for forecast analysis in the conditions of uncertainty. With the help of this method, qualitative description of the expected scenarios of development of information economy in the global economic system is accompanied by selected quantitative characteristics, which are conventional, that is, they are given for comparing various scenarios, not for specifying a precise value of estimate indicators. Comparison of the expected scenarios of development of information economy in the global economic system is conducted using comparative analysis method.
Results
It is concluded that the most effective and optimal scenario is the one that supposes implementation of the offered new model of a well-balanced information economy – despite its lower probability as compared to the other scenarios.
Recommendations
The set optimal expected scenario of development of information economy, which envisages application of its new well-balanced model, is recommended for practical implementation in the modern economic systems.
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Lynne Siemens, Catherine Althaus and Charlotte Stange
The ultimate objective of any learning platform is student engagement with the material, instructor, and classmates. Little is currently known about students’ concerns regarding…
Abstract
The ultimate objective of any learning platform is student engagement with the material, instructor, and classmates. Little is currently known about students’ concerns regarding privacy, confidentiality, and information safety and the potential impact these may have on engagement within an online learning environment. Existing literature and practice must be supplemented with awareness of the importance of student perceptions concerning privacy and confidentiality if online learning engagement is to be maximized. Our exploratory research shows that students do experience concerns, that these concerns can be impacted by the professional school status of the students in question, and that students take steps to create safety accordingly. As a result, student engagement within an online learning environment is different than its physical counterpart. Our findings and subsequent recommendations suggest more can be done to maximize the notion of learning safety and student online learning engagement.
Jay J. Shen, Jonathan B. Perlin, Yi-Hua Xu and Thomas T.T. Wan
This study investigates how education, scientific output, and the internet complement mobile phone penetration to affect technology commodity exports in sub-Saharan Africa for the…
Abstract
This study investigates how education, scientific output, and the internet complement mobile phone penetration to affect technology commodity exports in sub-Saharan Africa for the period 2000–2012. The empirical evidence is based on a generalized method of moments. The following main findings are established. The internet complements the mobile phone to boost technology goods exports and technology service exports. In addition, positive marginal effects are apparent in the roles of educational quality and scientific output on technology goods exports and technology service exports, respectively, while negative marginal impacts are apparent in the roles of scientific output and educational quality on technology goods exports and technology service exports, respectively. Practical and theoretical implications are discussed.
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Sandro Castaldo and Monica Grosso
- Customers expect retail companies to adapt their strategies to their behaviour, so they should use different channels and devices in interaction;
- Multichannel and omnichannel…
Abstract
Learning Outcomes
Customers expect retail companies to adapt their strategies to their behaviour, so they should use different channels and devices in interaction;
Multichannel and omnichannel strategies represent two distinct approaches to managing relationships with the customers;
The key to developing a successful omnichannel strategy is to integrate channels and touch points that will create a frictionless experience for the customer;
Introducing omnichannel interaction requires organizational and IT changes within the company.
Customers expect retail companies to adapt their strategies to their behaviour, so they should use different channels and devices in interaction;
Multichannel and omnichannel strategies represent two distinct approaches to managing relationships with the customers;
The key to developing a successful omnichannel strategy is to integrate channels and touch points that will create a frictionless experience for the customer;
Introducing omnichannel interaction requires organizational and IT changes within the company.
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Not just in low-wage and low-skilled jobs but also further up in the corporate ladder, Australian corporations have culturally diverse workforces. Due to talent shortages in…
Abstract
Not just in low-wage and low-skilled jobs but also further up in the corporate ladder, Australian corporations have culturally diverse workforces. Due to talent shortages in fields such as medicine, engineering, and education, the Australian economy is reliant on skilled immigrants. As a result, the demand to increase and diversify the workforce is growing, and Australia’s government has focused its efforts on attracting a diverse pool of skilled immigrants. As Australia’s ethnic diversity grows, businesses that want to stay competitive will find that having a diverse workforce provides them an advantage.
Since the beginning of the new millennium, Confucian doctrines on one’s self-cultivation have been re-introduced to curriculum in China. The revived cherish of the Confucian…
Abstract
Since the beginning of the new millennium, Confucian doctrines on one’s self-cultivation have been re-introduced to curriculum in China. The revived cherish of the Confucian legacy in the twenty-first century is a reverse from the official rejection of Confucianism in the Mao era (1950–1976). It also appears as a counterweight to the individualism proliferating among the Chinese youths born at the beginning of the new millennium (Gen Z). The re-introduction of Confucianism is thus ideologically purposeful. Yet how does the mixed exposure to Confucius’ legacy and the modern idea of self-awareness impact this cohort of young people, in particular their way of learning? This chapter focusses on Chinese Gen Z studying in Australia. Using the Bourdieuan theory of human habitus, this chapter examines how these students negotiate between the ideas of self-cultivation and self-awareness, and what implications such experiences have in an intercultural academic community.
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