The relevance of the topic is the need to fill existing gaps in the study of micro-insurance. The goal is to identify the key factors and their influence on the development of microinsurance through the regression model. The analysis will be conducted based on the collected data for 69 countries, which include different characteristics: the level of inflation, unemployment, the Gini coefficient, the share of insurance premiums for life insurance in GDP, the index of strength of legal rights, financial literacy, index of health. The experimental variable was the percentage of the population using the services of micro-insurance. As a method of research for regression and descriptive data analysis. The expected result of the study is the determination of important characteristics that have an impact on the demand for microinsurance among the population, on what basis we can assume the expected trends in the development of microinsurance in Russia.
The aim of this article is to present the results of the pilot project on the development and implementation of programs to improve financialliteracy of youth at the level of municipal formation.
In this paper, we model the deposit market with costly information on bank risks. The model adds to the volume of literature related to the Diamond Dybvig mod el and related models of information based bank runs. The inclusion of costly information signals indicates that depositors must decide whether to pay for information regarding changes in the riskiness of banking activities; these costs may involve, for instance, time and other resources needed to find and read financial information. We show that an efficient bank run is the only equilibrium even in case of non negative information costs. To ensure the uniqueness of the efficient bank run equilibrium it is enough to lower the costs for at least one group of the depositors or introduce the deposit insurance system with co insurance.
The urgency and purpose. Low level of financial capability is an actual problem of modern society. This problem directly effects on economic and social growth. Russian and foreign companies confirm that Russians have a low level of financial capability. Based on the Standard&Poors research findings was identified that only 38% of Russians have a high level of financial capability. The evaluation of real life issues in Russia and foreign countries shows that raising of financial capability level should have a complex approach. Within the frame of current research the site ProFin was developed. The goal of site is to increase people's financial capability. The site was tested on the target group and on potential group of users. Based on the test results there were defined pros and cons of the site and some recommendations for improving site were declared too. The purpose of this study – the development of tools to improve the financial literacy.
Methods. The research was designed website "ProFin" to improve the financial literacy of the population. Website Modeling was performed on the Wix platform - software for creating and designing websites.
Results. Website "ProFin" includes all the main sections of the site: home page, news and contacts. Unique sections "ProFin" Web Site are: analytical unit "Comparison of banks," which allows users to compare the financial performance of commercial banks. The section "Helpful Hints" provides important useful information to existing or future users of banking products and services. The website also posted an interactive calendar of events, allowing website users to know about the events and seminars on financial literacy in the lives’ region.
Conclusions. This tool has been tested on the target groups and potential users of the portal. According to the test results were identified advantages and disadvantages of the portal, as well as recommendations on further development of the website.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.