Abstract
Market does not produce objects, but passes information about them” (Friedrich August von Hayek). Any market is a means of interaction between manufacturers and consumers, based on a decentralized mechanism of pricing signals, which performs the most important functions in economy: distribution and redistribution of the main production factors; stimulation of development and technical progress; differentiation of revenues of market subjects.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
Notes
- 1.
A Gartner Special Report. Access: https://www.gartner.com/en/doc/432920-top-10-strategic-technology-trends-for-2020 (Accessed: 11.12.2019).
References
von Hayek, A.F.: The fatal conceit. Novosti Publ. Catallaxy 304p (1992)
Chepurin, M.N.: A course in economic theory, 4th edn. Kirov, 752p (1999)
The Global Competitiveness Report (Global Competitiveness Index) https://www.weforum.org/reports/the-global-competitiveness-report-2017-2018
Statistical indicators and information on certain subjects of insurance. Official web-site of the Central Bank of the Russian Federation. URL: https://www.cbr.ru/finmarket/supervision/sv_insurance/?utm_source=w&utm_content=page. Accessed: 12.02.2020
KPMG in Russia.: Digital technologies in Russian companies. Research results. January 2019 . URL: https://assets.kpmg/content/dam/kpmg/ru/pdf/2019/01/ru-ru-digital-technologies-in-russian-companies.pdf. Accessed: 02.02.2020
Abdrakhmanova, G.I., Vishnevsky, K.O., Volkova, G.L., Gokhberg, L.M., et al.: Indicators of the digital economy 2018: statistical collection. I60 National Research University “Higher School of Economics” NRU HSE, 268p (2018). ISBN: 978-5-7598-1770-3
Digital Forest, Top 5 blockchain projects in the insurance sphere (2019). URL: https://digiforest.io/blog/top5-insurance-blockchain-startups. Accessed: 12.02.2020
Bank of Russia. The main directions of development of financial market of the Russian Federation for 2019–2021
Blinova, O.: No blockchain: the future of the insurance market in Russia. Invest-Forecsight: startups, technologies and investments. In: Genkin, A.S., Nikulin, S.S., Frumkin, K.G. (ed.), Publisher solutions, 394p (2018). ISBN: 9778-5-4493-6618-4
Raval, S.: Decentralized applications. Blockchain technology in effect. SPb.: Piter, 240p (2017)
Pestunov, A.I.: Crypto currencies and blockchain: potential applications in state and business. EKO 48(8), 78–92 (2018). http://dx.doi.org/10.30680/ECO0131-7652-2018-8-78-92
Kleiner, G.B.: Systemic accounting of the consequences of digitization of society and the problems of security. Work. Free. Econ. Soc. Russ. 203(2), 63–73 (2018)
Zvyagin, L.S.: Digital economy and crypto currencies: challenge or threat to the traditional society. E-Management 1(2), 80–92 (2019). https://doi.org/10.26425/2658-3445-2018-2-80-92
Bachas, P., Gertler, P., Higgins, S., Seira, E.: Banking on trust: how debit cards enable the poor to save more. NBER Working Papers. No. 23252 (2017)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Ekimova, K.V., Kuznetsov, N.V., Larina, O.I. (2021). Systemic Analysis of the Consequences of the Financial Market Digitization. In: Popkova, E.G., Ostrovskaya, V.N., Bogoviz, A.V. (eds) Socio-economic Systems: Paradigms for the Future. Studies in Systems, Decision and Control, vol 314. Springer, Cham. https://doi.org/10.1007/978-3-030-56433-9_40
Download citation
DOI: https://doi.org/10.1007/978-3-030-56433-9_40
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-56432-2
Online ISBN: 978-3-030-56433-9
eBook Packages: EngineeringEngineering (R0)