Some implications of the new global digital economy for financial regulation and supervision

Paz, José Carlos Laguna de

doi:10.1057/s41261-022-00189-1

Cited by 12 publications

(6 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The third direction is research on the theoretical logical mechanism of digital economy and rural revitalisation. For example, Laguna de Paz and José Carlos (2022) proposed that while the digital economy brings major changes to the financial sector, it will also lead to problems such as ambiguity in the monetary system, insufficient privacy protection, and lack of industry supervision [14]. Zeng Zhao et al (2019) proposed that digital economy and rural revitalisation are closely related [15].…”

Section: Literature Reviewmentioning

confidence: 99%

Coupling and Coordinated Development of Digital Economy and Rural Revitalisation and Analysis of Influencing Factors

2023

View full text Add to dashboard Cite

Under the strategy of digital technology development and rural revitalisation, the digital economy has gradually become a powerful engine for rural revitalisation and development. Based on the coupling coordination mechanism of digital economy and rural revitalisation, this paper constructs the index evaluation system of digital economy and rural revitalisation and empirically studies the development characteristics of digital economy and rural revitalisation by using the coupling coordination degree and grey relation model. The results show that during 2016–2020, the overall development level of digital economy and rural revitalisation in China is high in the East and low in the West. The coupling coordination between digital economy and rural revitalisation has significant regional differences and a downward trend, and the coupling coordination degree is positively correlated. The empirical results of the grey correlation model show that the number of postal employees and per capital grain production are the most important potential factors affecting digital economy and rural revitalisation, respectively. Finally, it is suggested that the government should continue to increase investment in science, technology, and agriculture, accelerate the project of cultivating high-level scientific and technological innovation and rural management talents, and strengthen regional cooperation and collaboration.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Coupling and Coordinated Development of Digital Economy and Rural Revitalisation and Analysis of Influencing Factors

2023

View full text Add to dashboard Cite

show abstract

“…No obstante, es muy dudoso que la autorregulación permita una adecuada protección de los derechos implicados. La autorregulación puede ejercer una valiosa función complementaria, pero no sustitutiva de la regulación 78 .…”

Section: Los Bancos Comerciales Son Empresas Privadas Que Buscan Obte...unclassified

Regulación y supervisión financiera en la nueva economía digital global

Paz

2023

Rev. Adm. Pública

View full text Add to dashboard Cite

La economía digital global está transformando el sector financiero. Este proceso puede significar beneficios, en términos de eficiencia e innovación. No obstante, también comporta serios riesgos para un sector esencial como este. Entre ellos, la aparición de nuevos operadores y la transformación de los existentes. La economía digital implica también cambios radicales en los sistemas de pago, así como la aparición de nuevos productos, que es preciso regular adecuadamente. A ello se añade la recopilación y tratamiento de datos personales, cuya utilidad se potencia con la inteligencia artificial. La creación de monedas digitales oficiales puede ser inevitable si se quiere asegurar que el dinero siga cumpliendo su función, así como la efectividad de la política monetaria.

show abstract

“…Many scholars have made remarkable achievements in legal regulation. Laguna de Paz (2023) focused on the role of Big Tech in the financial system and considers whether we need to formulate special laws and regulations for them. Mufarrige and Zywicki (2021) argued that Epstein’s concept would establish a more stable and efficient financial custodial framework.…”

Section: Literature Reviewmentioning

confidence: 99%

A Novel Tripartite Evolutionary Game Model for Internet Consumer Financial Regulation

Mu,

Wang,

Gao

et al. 2023

SAGE Open

View full text Add to dashboard Cite

Due to many social problems caused by Internet consumer finance, Internet consumer finance regulation has always become one of the main concerns of governments and society. Based on a novel three-dimensional mixed strategy game matrix, this paper constructs a tripartite evolutionary game model for regulators, Internet consumer financial institutions, and consumers. In this model, we establish the dynamic replication equation of the three parties above, analyze the influence of factors on the tripartite strategy selection and discuss the stability of model equilibrium points through numerical simulation. The results show that the model will get six evolutionary stable points in Internet consumer financial regulation under different conditions. Moreover, strict regulation, verification, and contract keeping are the most ideal evolutionarily stable strategies. In addition, three critical factors affect the evolution results of the three parties, namely losses to institutions caused by loose regulation and verification, punishment for loose verification under strict regulation, and losses from breaking the contract.

show abstract

Some implications of the new global digital economy for financial regulation and supervision

Cited by 12 publications

References 3 publications

Coupling and Coordinated Development of Digital Economy and Rural Revitalisation and Analysis of Influencing Factors

Coupling and Coordinated Development of Digital Economy and Rural Revitalisation and Analysis of Influencing Factors

Regulación y supervisión financiera en la nueva economía digital global

A Novel Tripartite Evolutionary Game Model for Internet Consumer Financial Regulation

Contact Info

Product

Resources

About