The Impact of Economic Progress on Lending and Internet Commerce?
nitially, none of the subjects of the traditional market – neither economic subjects nor the state – are interested in their existence. If it was their will, they would simply destroy the germs of everything new, as something unnatural and alien, interfering with “legitimate” business. However, the trick is that new economic actors operate in new virtual markets, where there are no distances or even jurisdictions.
Here check out service, where you can arrange a loan from a private l … . It looks like a different dimension. They have their own rules and their own financial laws. Traditional economic actors cannot get there until they themselves turn into virtual players in the network economy, which requires not only a radical change in the methods and forms of market behavior, but also a deep restructuring.
The state does not see the virtual market at all and cannot interfere with its functioning. The described situation is equally characteristic not only of the Russian economy, but also of the economies of most countries of the world. As soon as the Internet appears in the country, e-commerce inevitably appears, e-currency and users become part of the virtual market. It is here that the field of competitive struggle unfolds.
Strategically winners are those countries where the regulator, represented by the state, implements an institutional policy aimed at attracting virtual e-commerce entities. The peculiarity of the virtual market is that the place of conclusion of transactions may not coincide with the location of the seller and buyer, lender and borrower. The regulator is physically unable to collect taxes from the seller and cannot prevent the buyer from purchasing the product he likes.
On the resource of private online loans in St. Petersburg, you can see the offers of loans from the Leningrad region. But he can collect taxes from the logistics (trade, distribution and, in part, payment) infrastructure, without which no e-commerce is possible. The role and importance of such an infrastructure can hardly be overestimated. At the same time, its functions and purpose still remain a blank spot in the domestic economic theory.
The level of development of lending and the logistics infrastructure of e-commerce, replacing the functions of intra-company logistics, increasingly determines the vector of development of national economies. At the same time, virtual self-organization sooner or later reaches the limit of its development, after which the baton passes to the state, which forms the institutional environment of new economic relations. Here, the applied importance of economic theory increases sharply, on the basis of which the methodological and conceptual basis of institutional policy is built, the goals and priorities of legal regulation of the economy are determined.