The global financial system emerged in the aftermath of World War II, playing a crucial role in the global economic and geopolitical landscape dominated by developed nations. However, the world is currently undergoing rapid changes. Developing countries are assuming increasingly important roles and positions in the global economy. The robust resurgence of Russia’s military and political power as a superpower, along with China’s rise in economic, technological, and military domains, is unveiling a new global order. Furthermore, the relentless development of digital technology is profoundly and comprehensively reshaping the economic, social, and political fabric of nations worldwide. Global issues such as climate change and population aging play significant roles in shaping the future of the global economy and finance. The research objective is to reveal and analyze the main factors shaping the future of the global economy and finance. The article employs a qualitative research method with analysis, synthesis and commenting on secondary sources of information from related studies. The authors conclude that six main relevant factors can influence the future of the global economy and finance: (i) the development of digital technology; (ii) geopolitical situation; (iii) the international role of the US dollar; (iv) climate change; (v) population aging; (vi) the inevitability of structural transformation.

One of the most important problems of the world community in the 21st century is global warming. To solve this problem, the Paris Climate Agreement was adopted in 2015. As part of the implementation of the Paris Agreement, on December 11, 2019, the European Union (EU) adopted the European Green Deal (EGD), which provides for achieving net zero greenhouse gas emissions by 2050. On July 14, 2021, the EU adopted the climate program Fit for 55, aimed at implementing the EGD. On March 8, 2022, the EU adopted an ambitious strategy to stop importing fossil fuels from Russia and transit to renewable energy sources (REPowerEU). This article aims to assess the modern EU climate policy. The object of the study is the modern climate policy of the EU. The subject of the study is the impact of EU climate policy on the EU’s long-term competitive position in the global economy. The research methodology includes systemic, economic, institutional and logical analysis, induction, deduction and synthesis. Based on the analysis, the author concludes that the modern climate policy of the EU is a logical continuation of the implementation of the Marshall Plan to establish US domination over European countries with the aim of deindustrializing them. As a result of the implementation of this counterproductive policy, which is contrary to the national interests of the member states, the EU is experiencing stagflation, quickly losing its competitive position in the global economy. In this new reality, the EU faces the challenge of reviewing and adjusting climate policy in the region.

Women engaged in street food vending face a myriad of challenges as they juggle business activities and family obligations. The complexities of managing both spheres often disrupt their pursuit of a balanced life, impacting their overall well-being. This study aims to reveal the work-family dynamics of female food vendors and uncover the strategies employed to navigate these challenges. Qualitative research methods were used to understand the work-life balance among women food vendors. The data were collected through interviews, focus group discussions, and observations of street food vendors in Africa. Findings reveal the persistent struggle of women food vendors to achieve equilibrium between work and family responsibilities. Although they employ a variety of strategies, ranging from working extended hours to relying on external support such as grandparents or domestic help, these approaches often prove insufficient and unsustainable. Moreover, the utilization of such strategies can lead to conflicts with employers. Through an examination of daily routines, work-life balance, and coping mechanisms, the author’s conclusions shed light on the intricate interplay between entrepreneurship, personal responsibilities, and resilience within the dynamic street vending landscape.

The aim of this research is to examine the influence of gender on the accessibility of microcredit for small and informal business owners in Nagaland, India. In addition, the study conducts a region-wise comparative analysis of the loans disbursed to self-help groups (SHGs) by banks. Using primary data obtained from a cohort of 205 small business proprietors within the state, the study used the methods of descriptive statistics and econometric analysis. Furthermore, the paper employed the logit model to examine key factors such as firm size, SHGs and the qualifications of the entrepreneurs, along with gender. The secondary data, obtained from the Centre for Monitoring Indian Economy and the National Bank for Agriculture and Rural Development, allow the study to conduct a comparative analysis using the percentage share approach. The results reveal that public sector banks disbursed the highest amount of loans to SHGs, and the comparative analysis indicates that SHGs in the North-Eastern Region of India have the lowest share of savings with banks. Based on the empirical analysis, the author concluded that firm size, financial services provided through SHGs, educational qualifications, and gender of small business owners play a significant role in the accessibility of microcredit from financial institutions.

Purpose: Higher education is becoming increasingly critical for a nation’s socioeconomic and technical innovation, and the quality of education these institutions provide directly affects how well a country does. Hence, this study examines factors influencing student satisfaction at Oman’s higher educational institutions (HEIs). Methodology: Following scale development, the bootstrapping approach tested the research hypothesis. A survey was undertaken to gauge student satisfaction at various higher education institutions in Oman. Software for structural equation modeling (SEM PLS) has been used to examine the results to determine the relationships between the variables. Findings: The result of this study revealed that lectures and university resources positively correlated with student satisfaction, while technology showed no significant impact on student satisfaction.

This study delves into the recording practices in accounting within micro- and small businesses, with the aim of addressing the neglect of proper practices due to factors such as limited knowledge and regulatory oversight. In these enterprises, accurate financial reporting is pivotal for informed decision-making, yet it is often impeded by inadequate recording practices. Using methods of qualitative analysis, the research offers insights specific to micro- and small businesses in Zamboanga del Sur, Philippines, illuminating both challenges and opportunities. Eight micro- and small business owners participated in semi-structured interviews, selected through purposive sampling, thereby providing rich data for case study analysis. The findings underscore the struggle of these businesses in maintaining accurate records, with outsourcing emerging as a potential solution. The study concludes by recommending training programs emphasizing proper record-keeping and advocating for government support through mandatory recording seminars. Further research is urged to deepen understanding and inform strategies for improvement in recording practices within micro and small businesses. This comprehensive exploration contributes to the literature by shedding light on a critical aspect of financial management in micro- and small enterprises, ultimately aiming to enhance their operational effectiveness and sustainability.

The subject of this study is the insider trading behaviors within the US financial markets, with a focus on transactions by politicians and public officials, and their implications for global economic stability. The purpose is to investigate and analyze these transactions for ethical and legal challenges, and to evaluate their potential impact on market integrity and investor trust. The relevance of this research arises from the substantial influence these figures have on market dynamics, the legal nuances involved in their financial activities, and the broader implications for market transparency and fairness. The scientific novelty is established using econometric modeling and data analytics, particularly the analysis of trading behavior that potentially circumvents the Stop Trading on Congressional Knowledge (STOCK) Act. The methods employed include a Python tool to extract data from financial disclosures and ordinary least squares (OLS) regression to analyze key indicators of insider behavior. The results indicate a significant proportion of trades, approximately 86.67%, were conducted by politicians with noted STOCK Act violations, highlighting a potential gap in the enforcement of current laws and reporting standards. The authors concluded that the findings call for stricter law enforcement, a reevaluation of reporting standards, and comprehensive financial disclosures to maintain market integrity, alongside an urgent need for improved regulatory measures and enhanced transparency mechanisms to mitigate the risks associated with insider trading by individuals in positions of power.