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Title The Triadic Approach to Cash Management: Communication, Advocacy, and Legal Aspects
Authors Kobushko, Yana Volodymyrivna  
Tiutiunyk, Inna Volodymyrivna  
Kobushko, Ihor Mykolaiovych  
Starynskyi, Mykola Volodymyrovych  
Zavalna, Z.
ORCID http://orcid.org/0000-0002-2057-2300
http://orcid.org/0000-0001-5883-2940
http://orcid.org/0000-0003-0821-4233
http://orcid.org/0000-0003-2661-5639
Keywords cash
advocacy
communication
shadow schemes
legalization of proceeds of crime
Type Article
Date of Issue 2021
URI https://essuir.sumdu.edu.ua/handle/123456789/85369
Publisher Universidad de Almería
License Creative Creative Commons Attribution-ShareAlike 4.0 International
Citation The Triadic Approach to Cash Management: Communication, Advocacy, and Legal Aspects / I. Kobushko, I. Tiutiunyk, I. Kobushko et al. // Estudios de Economía Aplicada. — 2021. — Vol. 39, No. 7.
Abstract The article deals with the study of the ability of cash to be a multifunctional instrument of economic policy, propaganda and legalization of proceeds of crime. Based on the cash analysis of the Republic of Belarus, Georgia and Ukraine, the most common signs and images that increase the confidence of the population and form convictions about the stability of the currency have been identified. Cash has been found to be an instrument for promoting national history and achievements of the country for a long time, considerable territory and one-sided influence. The efficiency of using cash to reliably convey information and maximize its absorption by the population has been proved. The reasons, features and consequences of using cash as a tool for money laundering were investigated. The effect of the volume of cash in circulation on the level of the shadow economy on the example of different countries has been estimated. In the article, the authors argue that money is a useful tool for propaganda. They are a significant source of information about a particular country. Money can be used by the authorities of a particular country to create the necessary political narratives. This tool has a long period of influence, which is purposeful. The authors note that it is necessary to take into account inflation in the country in order to understand how long the population will use a particular denomination of money. The authors concluded that there is a different relationship between the level of shadowing of the economy and indicators of the state of money circulation. For most indicators, this relationship was linear. Calculations showed the absence of an asymmetric relationship between the indicators. For some countries (Belarus, Bulgaria, Georgia, Switzerland, Japan), the calculations showed a nonlinear relationship between the level of shadowing of the economy and the functioning of the domestic foreign exchange market.
Appears in Collections: Наукові видання (ННІ БіЕМ)

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