Redirigiendo al acceso original de articulo en 19 segundos...
ARTÍCULO
TITULO

Gold and its Determining Role in Modernization and Technological Processes Related to Changing Geo-economic Structure of the World

Mihail Nikolaevich Dudin    
Vladimir Dmitriyevich Sekerin    
Anna Evgenevna Gorohova    
Vladimir Ivanovich Gayduk    
Tamara Petrovna Danko    

Resumen

This article considers the role of gold in the world economy and its place in contemporary structures of gold-value reserves of the leading countries of the world. It also takes into account the historical experience of using gold in various periods (epochs). The theme of the article is rather urgent at the moment of transformation and occurrence of a new transitional stage in the world economy, because traditionally at any transitional period the investment activity was focused on the least risky investments. Investments in precious metals are thought to be such investments. They do not lose their value and price during the long period of time. The following essential conclusions were received within this article: 1) Gold is the most demanded precious metal in terms of decreasing risks of accumulation and investments. The main part of the gold obtained industrially is presented by centralized reserves (standard ingots of chemically pure gold). 2) Gold mining is limited in the world because natural reserves of this metal are irretrievable; at the same time modern physical and chemical technologies allow to artificially grow crystals of gold; however, such technologies are characterized by high cost and low level of returns from their use. 3) Gold as a resource will continue playing a psychologically stabilizing role; herewith, the information resource (business information) required for ensuring the world stable social and economic development will get basic value.Keywords: gold, gold and foreign currency reserves, economic crisis, factorial analysis, cluster analysis.JEL Classifications: Q32, Q34, H54, P45

 Artículos similares

       
 
Hishan S. Sanil,Suresh Ramakrishnan     Pág. 52 - 56
Business sustainability becomes an important issue in the present competitive business world. Therefore, organisation has to commit to Corporate Social Responsibility (CSR) as a part of their business strategy. One of the important components of this str... ver más

 
Gaye Gencer,Zafer Musoglu     Pág. 705 - 713
This paper examines the volatility transmission mechanisms bivariately, between gold prices and alternatively, Turkish stock market and government bond indices. We employ the BEKK-GARCH model for evaluating the volatility linkages, as a robust technique.... ver más

 
Christopher M. Meissner     Pág. 385 - 406

 
Paul R. Auerbach,Michael J. Haupert    
In the American Civil War, a drastic increase in the level of ?high powered money? with the issuance of the greenbacks had a relatively modest effect on the measured price level. The existence of a free market in gold and the presence of specie are offer... ver más