International Journal on Economics, Finance and Sustainable Development

Fintech Strategies During COVID-19 and the Pandemic's Impact on Technologies

Ali Jumaah Falih Alabedi, Dildar Haydar Ahmed — Wed, 05 Jun 2024 00:00:00 +0000

The COVID-19 pandemic has catalyzed significant transformations in financial technologies (fintech), amidst enduring economic uncertainties and emerging opportunities. This paper systematically reviews literature on fintech disruptions, response strategies, innovations, and implications during the pandemic. Analysis covers pre-crisis fintech trends, the origins of COVID-19 impacts on the industry, digital accelerations in traditional financial services, regulatory and cybersecurity challenges, customer-centric product developments, and potential future collaborations. Findings reveal fintech is poised for growth due to increased digital adoption, financial inclusion demands, and the promise of blockchain technology. However, sustainability hinges on strategic adaptations. Recommendations include public-private partnerships to expand financial access, ethical implementations of emerging technologies, and ongoing research into niche sectors. As fintech's role in global finance grows, these evidence-based insights inform policy and promote responsible innovation, contributing to a comprehensive understanding and identifying key areas for further investigation.

Impact of Market Risk Premium on Fair Share Value Exploration

Bushra Mohamed Sami Alasadi — Thu, 06 Jun 2024 00:00:00 +0000

This research explores the influence of the market risk premium on the fair value of shares traded on the Iraq Stock Exchange, employing the CAPM model to estimate the required rate of return. The CAPM model incorporates the risk-free rate (RF), market portfolio return (RM), and beta-processed risk premium. The study aims to quantify the impact of the risk premium on fair value, a critical component in determining the required rate of return. Statistical analysis, including correlation coefficients and regression analyses, was conducted to examine the relationships among the variables. The results indicate a direct one-to-one relationship between the risk premium and the intrinsic value of shares. This study fills a knowledge gap in understanding how market risk premiums affect share valuation, providing insights for investors and policymakers.

Estimation of the National Income Function (United States and China): A Comparative Study for the Period (2000-2019)

Loma Abbas Al-Khafaji — Wed, 26 Jun 2024 00:00:00 +0000

The research aims to analyze the national income function of the United States and China, considering them the most influential countries in the trade system. It also analyzes the factors behind the development of the Chinese economy over the past few decades. A time series of national income variables for both countries, spanning from 2000 to 2019, was reviewed. The researchers constructed a linear model to estimate both functions using the linear model. The research concluded that China's commercial dominance on the international stage is the result of several factors, including China's implementation of a planned market economy that combines the advantages of capitalism and socialism, as well as the Chinese government's complete control over economic management. Additionally, the flexibility of China's production system and its response to the devaluation of the local currency, the yuan, played a role. However, despite this, the dominance of the U.S. economy in international economic activity remains paramount due to the vast scale of economic operations and activities conducted by the United States.