Globalization Backgrounds for the Emergence and Development of Electronic Money

Journal Title: Бізнес Інформ - Year 2014, Vol 10, Issue 0

Abstract

The article studies the globalization backgrounds for the emergence and development of electronic money. It is proved that these backgrounds are social and economic factors that lead to transfer of values from the material and household into the socio-economic planes, where the actual gains turned out to be convenience, quickness of payments and faster obtention of benefits as well as the moral satisfaction of participants of the economic relations. Technological factors contribute to the development of technics and technologies that help to achieve a higher level of the social reproduction due to the availability of services that were not available previously. Political backgrounds are associated with the intentions of the authorities of states to unite with other countries for the new achievements in business, safety and social standards. Also the group of factors of influence on the environment was highlighted, which aim to save the natural resources, to implement the energy-saving technologies and to invent the alternative resources and means to ensure a safe and comfortable living of society.

Authors and Affiliations

Oleksandr Melnychenko

Keywords

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  • EP ID EP116655
  • DOI -
  • Views 96
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How To Cite

Oleksandr Melnychenko (2014). Globalization Backgrounds for the Emergence and Development of Electronic Money. Бізнес Інформ, 10(0), 345-352. https://europub.co.uk/articles/-A-116655