This chapter expounds the main principles behind blockchain technology and some of its cutting-ed... more This chapter expounds the main principles behind blockchain technology and some of its cutting-edge applications. We first present the core concepts of the blockchain. Secondly, we discuss a definition put forward by Vitalik Buterin; we sketch out the shift toward hybrid solutions, and we sum up the main features of decentralized public ledger platforms. Thirdly, we show why the blockchain is a disruptive and foundational technology, but we expose the potential risks and drawbacks of public distributed ledgers that account for the shift toward hybrid solutions. Finally, we present a non-exhaustive list of important applications, bearing in mind the most recent developments.
A Macroeconomic Analysis of Transnational Corporations in a Monetary Theory of Production
This paper aims to put forward an original conceptual framework and a renewed perspective on mone... more This paper aims to put forward an original conceptual framework and a renewed perspective on monetary analysis applied to transnational corporations based on some of the views of Bernard Schmitt developed over the last forty years. After reviewing the terminological principles of the theory of money emissions, we show that Bernard Schmitt's theoretical insights have enabled the successful integration of money and output at the conceptual level along the lines of a Keynesian monetary theory of production. We then examine the issue of the definition of the transnational corporation and its exponential rise in the world economy with regard to the globalisation process. Finally, the inclusion of transnational corporations in the theory of money emissions allows us to redefine transnational production as an additional conceptual level in monetary macroeconomics, with far-reaching implications as far as the monetisation of transnational production and the subsequent reform of international payments are concerned.
International Thematic Monograph. Modern Management Tools and Economy of Tourism Sector in Present Era, Dec 31, 2021
This chapter examines the impact of the coronavirus pandemic on the tourism sector in the Republi... more This chapter examines the impact of the coronavirus pandemic on the tourism sector in the Republic of Moldova, a poorly researched, yet promising, post-soviet country sandwiched between Romania and Ukraine. A SWOT analysis is presented in the first part, suggesting promising strategic orientations for the sector. Secondly, we assess the impact of the pandemic both in the short and medium run. Drawing on emerging technologies, such as blockchain, virtual reality, and artificial intelligence, some innovative digital solutions are sketched out, in order to enhance tourism attractiveness in a post-COVID-19 world.
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