Field research in Turkmenistan’s highest mountain reveals high biological diversity

New open-access book presents a comprehensive report on the remarkable ecosystems of the Koytendag nature reserve

Location of Koytendag
Image by Atamyrat Veyisov

Situated in the extreme south-east of Turkmenistan: on the border with Uzbekistan and close to the border with Afghanistan, Koytendag presents one of the most distinct landscapes in Central Asia. Reaching elevations of up to 3,137 m, this is also the highest mountain in Turkmenistan.

Koytendag State Nature Reserve and its three Wildlife Sanctuaries: Hojapil, Garlyk and Hojaburjybelent, were established between 1986 and 1990 to protect and preserve the mountain ecosystem of the Koytendag region and maintain the ecological balance between the environment and increasing economic activities.

Since 2013, a series of scientific expeditions and assessments were coordinated and funded by the Royal Society for the Protection of Birds (RSPB) to pave the way for the protection and preservation of the unique landscape and rare wildlife the site is recognised for.

As a result, the efforts of the conducted field studies of multidisciplinary international research teams are brought together in a comprehensive report, which is now openly available as an Advanced Book from the scientific publisher and technology provider Pensoft, edited by Geoff Welch (RSPB) and Prof. Pavel Stoev (National National Museum of Natural History of Bulgaria and Pensoft). Soon, the book will also be available in Russian.

The book is split into eight sections focused on different areas within the study of biodiversity: Flora, Surface dwelling invertebrates, Cave fauna, Fish, Amphibians, Reptiles, Birds and Mammals. An additional chapter is dedicated to the hydrogeology of the site because of its key role in supporting both the cave fauna and the local communities.

Entrance to the newly discovered record-breaking underground lake at the Koytendag State Nature Reserve
Photo by Mikhail Pereladov

In the summary of the report, the authors make a list of the most significant findings made during the research. These include the discovery of a cave hosting the largest underground lake in the whole North Eurasia (4,400 m2) and a total of 48 species of higher plants that can only be found in Koytendag. In terms of Koytendag’s surface-dwelling fauna, the report lists a number of species new to science: a scorpion (most likely yet unnamed species currently recognised as a species complex) and a spider. Meanwhile, a total of seven previously unknown species were found underground, including the very first exclusively subterranean animal found in the country: the insect-like ‘marvellous’ dipluran named Turkmenocampa mirabilis, and a strongly adapted to the underground waters of a desert sinkhole Gammarus troglomorphus. Additionally, the annual monitoring, conducted since 1995 by the reserve staff, report an encouraging increase in the populations of the rare markhors and mouflons. An intact predator-prey community was also identified as a result of observations of numerous Eurasian lynxes and grey wolves, as well as prey species.

Entrance of the cave Kaptarhana, (Lebap Province, Eastern Turkmenistan), where scientists discovered the first ever exclusively subterranean dweller for the country in 2017 (find more here).
Photo by Aleksandr Degtyarev

Stephanie Ward, RSPB Central Asia Partner Development Officer, says:

“RSPB has been working in Turkmenistan under a Memorandum of Understanding with the Government since 2004. In that time we have had the privilege of working with a team of talented and dedicated national experts across the diverse and inspiring nature of this fascinating country. Our work in Koytendag has captured the attention and interest of many international scientists who hope that their contemporary biodiversity research will help to deepen the understanding and therefore ensure protection of the unique wonders of this mountain ecosystem. As a potential UNESCO World Heritage Site, we will continue to collaborate with the Turkmen people on the research and promotion of Koytendag State Nature Reserve.

Book editor and member of the research team Prof. Pavel Stoev adds:

“Koytendag Mountain is among the least explored and, simultaneously, one of the most biologically diverse regions in Central Asia. The rapid assessments of its flora and fauna revealed a high number of highly specialised species, all of which have undergone a long evolution to adapt to the harsh environments of the mountain. The establishment of Koytendag State Nature Reserve and the associated wildlife sanctuaries is a step in the right direction for the protection of this unique biota.”

The report, published in an openly accessible Advanced Book format, is available from
https://doi.org/10.3897/ab.e37858.

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Original source:

Welch G, Stoev P (2019) A report of RSPB-supported scientific research at Koytendag State Nature Reserve, East Turkmenistan. Advanced Books. https://doi.org/10.3897/ab.e37858

Additional information:

This work was carried out under the Memorandum of Understanding between the Ministry of Agriculture and Environment Protection of Turkmenistan and the RSPB, within the Project on “Improvement of the status of birds and other biodiversity in Turkmenistan”.

About Koytendag State Nature Reserve:

Koytendag State Nature Reserve was established in 1986 to protect and preserve the mountain ecosystem of the Koytendag region and maintain the ecological balance between the environment and the increasing anthropogenic activities. Of particular importance was the protection of rare species, such as the markhor; important habitats, including pistachio and juniper forests; and the impressive dinosaur trackways at Hojapil.

Advanced Books publishing by Pensoft:

Launched by Pensoft and powered by the scholarly publishing platform ARPHA, the Advanced Books approach aims to issue new books or re-issue books previously only available in print or PDF. In the Advanced Books format, the publications are semantically enhanced and available in HTML and XML as well, in order to accelerate open access, data publication, mining, sharing and reuse. The Advanced books builds on the novel approaches developed by the Pensoft’s journals.

Pensoft welcomes Neotropical Biology & Conservation to its open-access journal portfolio

Eleven studies in the first issue demonstrate the modernized look & feel of the Brazil-born journal, as provided by the scholarly publishing platform ARPHA

Launched by the Brazilian university Unisinos (Universidade do Vale do Rio dos Sinos) in 2006, the open-access, peer-reviewed Neotropical Biology & Conservation moves to the journal family of scholarly publisher and technology provider Pensoft.

Neotropical Biology & Conservation welcomes research and review articles, short communications and commentaries on the biology and behaviour of organisms from the tropical ecoregions of the Americas and the entire South America. Special emphasis is given to papers that demonstrate the application of conservation principles for natural resource management and policy. Manuscripts can be published in Portuguese, as well as English, where an English-language abstract is mandatory.

The journal is published three times a year, with the first 2019 issue already available on the new website. New research papers, part of the second issue, will be out next Monday (15th July).

New website for Neotropical Biology & Conservation

Beyond Neotropical Biology & Conservation‘s new glossy and user-friendly appearance, the Pensoft-developed scholarly platform ARPHA provides its signature fast-track, end-to-end publishing system to the benefit of its users: authors, reviewers and editors alike. Thereby, each submitted manuscript is carried through the review, editing, publication, dissemination and archiving stages without leaving ARPHA’s collaboration-centred online environment. The articles are available in PDF and machine-readable XML formats, so that they are easy to discover, access, cite and reuse.

Editor-in-Chief of Neotropical Biology & Conservation Dr Ana Maria Leal-Zanchet, says:

“It’s an honour for the Editorial board of Neotropical Biology & Conservation that the journal becomes a member of the Pensoft/ARPHA team. This journal was born as Acta Biologica Leopoldensia, which was published by Unisinos between 1979 and 2005. Since 2006 Neotropical Biology & Conservation continued the tradition of this former journal, publishing articles from all around Brazil, and even enhancing its coverage to other parts of the Neotropics. In recent years, the scientific community that uses our journal as a venue to disseminate their research results has been continuously increasing. We maintain our commitment to disseminate scientific findings through open access and to continue pursuing a sustainable international growth. I am sure that the user-friendly ARPHA’s publishing system and the great support of the Pensoft team will please authors, reviewers and the Editorial board of the journal, enhancing the efficiency, quality and swiftness of publishing, as well as the international visibility of Neotropical Biology & Conservation.”

ARPHA’s and Pensoft’s founder and CEO Prof Lyubomir Penev says:

“I’m delighted to welcome Neotropical Biology & Conservation to the Pensoft/ARPHA family, where the journal not only feels at home amongst predominantly biodiversity-themed titles, but also comes to complement another two Brazil-born journals: Check List, which publishes biogeographical data, especially for the use of biodiversity conservation, and Zoologia: mostly focusing on systematics, evolution and taxonomy in the field of Zoology. With this kind of background and the constantly expanding high-tech functions of ARPHA, I’m certain that we are fully equipped to build on the image and success of Neotropical Biology & Conservation.”

What’s on in the first issue?

Amongst the 11 articles in the first issue of Neotropical Biology & Conservation, there is the study by Dr Lucas Porto (Federal University of Rio Grande do Sul) and Dr Ana Maria Rui (Universidade Federal de Pelotas), which observes Crab-eating and Pampas foxes in southern Brazil for a year to compare the diets and habitat uses of the two sympatric species. Curiously, the canids demonstrated a high overlap of their diets at all times, with the exception of autumn.

Another paper, authored by a research team from the Federal Institute of Education, Science and Technology of Goiano and the Federal University of Goiás, describes the frequency, occurrence status and activity period of the most common medium- and large-sized mammals living in the world’s most biodiverse savanna: Brazil’s Cerrado. Namely, subjects of the study were the Giant anteater, Nine-banded armadillo, South American tapir, Crab-eating fox and Lowland paca, where the largest species were found to have the greatest variation in time period of activity.

A collaborative work at the Federal University of PernambucoUniversity of Brasília and the Rural Federal University of Pernambuco, reports important observations of the unexpectedly diverse bat fauna in an urban environment located in the Atlantic Forest, northeastern Brazil. Between May 2006 and April 2007, the researchers captured 950 bats identified to 16 species and five families.

The first 2019 issue of Neotropical Biology and Conservation.

Follow Neotropical Biology & Conservation on Twitter and Facebook.

All ARPHA-hosted journals indexed in Transpose to support transparency in journal policies

All open-access, peer-reviewed academic titles of Pensoft‘s, as well as those using the white-label publishing solution provided by the scholarly publishing platform ARPHA, have their journal policy data fed into the Transpose database, in order to increase their discoverability and transparency.

Thanks to the recent integration with the community-sourced initiative Transpose, details about each journal’s approach to peer review, co-review and preprint publication can be easily accessed, navigated and compared through a user-friendly interface. Visitors can also query the data by journal title, publisher, ISSN or DOI, and apply several filters.

Having estimated that almost 1/3 of the top-cited journals across disciplines do not provide clearly basic information about their editorial policies, including whether they operate blind peer review or not, the team behind Transpose launched the forward-thinking community-sourced initiative with the aim to advance practices in academia and increase awareness and transparency amongst authors, editors and many other stakeholder groups. To highlight the essentiality of free and easy access to editorial policies for a wide range of actors, Transpose have published user testimonials on their website coming from various points of view, including early researchers, supervisors, project investigators, funders, publishing staff, and others.


Recent integration of the scholarly publishing platform ARPHA and Transpose results in the editorial policies of all ARPHA-hosted journals being fed into the associated database. Thus, various stakeholders from across the academic landscape are provided with an easy access to details about the peer review, co-review and preprint policies at each journal via a user-friendly interface.

Pensoft and ARPHA’s founder and CEO Prof. Lyubomir Penev says:

“Having been Open Science advocates from the very beginning, at Pensoft and ARPHA, we have always supported our clients and users in being as transparent as possible. Favourite examples are the open-science journal Research Ideas and Outcomes (RIO), welcoming continuously updatable publications from across the whole research cycle, and Rethinking Ecology, launched to voice innovative and even bold ideas for the purposes of taking swift actions towards the conservation of the environment. The former operates public pre- and post-publication peer review to support efficient collaboration in research, while the latter relies on double-blind peer reviews, in order to encourage researchers of various experience and background to share their inventive ideas in ecology. Obviously, journal policies are and should be crucial when it comes to picking a specific journal over another regardless of the perspective. This is why I am certain that joining Transpose is doing good for all ARPHA-hosted journals, as well as the academic community.”

ASAPbio‘s Executive Director and member of the team behind Transpose, Dr Jessica Polka adds:

“We’re thrilled to incorporate data from Pensoft into Transpose. Making policy information clear and easy to find ensures that authors and reviewers can work with journals that best align with their values — and that scholarly work can be fairly interpreted by everyone, including general readers.”

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Additional information:

About Transpose:

Transpose is an initiative to build a database of journal policies. It focuses on three areas: open peer review, co-reviewing, and detailed pre-printing policies. It welcomes contributions from anyone, but seeks verification from journals and publishers. The goal of Transpose is to foster new practices while increasing awareness among authors, editors, and other stakeholders, and we seek to provide resources to assist journals in setting, sharing, and clarifying their policies.

Bulgarian Pharmaceutical Scientific Society’s journal moves to high-tech ARPHA platform

The established Pharmacia demonstrates a complete makeover in its new issue after signing with scientific publisher and technology provider Pensoft and its signature open-access platform

Launched by the Bulgarian Pharmaceutical Scientific Society in 1954, the open-access, peer-reviewed Pharmacia has been available online as full text since 2007. As of 2019, the journal moves to the fast-expanding portfolio of scholarly publisher and technology provider Pensoft. The journal’s 2019 inaugural issue and the first since the realisation of the new partnership is already live on the journal’s new website.

Homepage of Pharmacia‘s new website, https://pharmacia.pensoft.net

Thanks to the Pensoft’s signature open-access scholarly publishing platform ARPHA, Pharmacia demonstrates a complete makeover, including a modern and user-friendly interface in addition to a long list of high-tech perks, meant to ensure that published articles are easy to discover, access, cite and reuse by both humans and machines all over the world.

Furthermore, all users of the journal’s system: authors, editors and reviewers alike, are to greatly benefit of ARPHA’s integrated approach to the publication process. This means that once submitted each manuscript goes through the whole cycle: from review and copy/layout editing to publication, dissemination and archiving without leaving ARPHA’s collaboration-focused online environment.

One of the interesting features now available in Pharmacia is the article-level metrics available thanks to the partnership between ARPHA and the revolutionary discovery and analytics tools Dimensions and Altmetric. By searching through millions of research articles, grant applications, clinical trials, as well as policy documents, news stories, blogs and social media posts, they allow for each article’s references and citations in both the academic and the public sphere to be monitored in real time.

Continuing its tradition, the journal welcomes original research and review articles, preliminary and short communications (notes) on a wide range of topics within the pharmaceutical and related sciences. In addition, the journal also publishes conference reports, biographies and book reviews. Articles in Pharmacia are published in English and subjected to single-blind peer review.

Pharmacia‘s Editor-in-Chief Prof Plamen Peikov, comments:

“We have been looking forward to our collaboration with Pensoft and ARPHA, as it is certainly going to not only help modernise Pharmacia on the outside, but also make it more appealing to our authors and readers by building on the journal’s accessibility and global outreach. I believe that this nice step forward is already clearly evident in Pharmacia‘s latest issue.”

ARPHA’s and Pensoft’s founder and CEO Prof Lyubomir Penev says:

“I’m delighted to see this particular journal joining the Pensoft’s and ARPHA’s family,” says ARPHA’s and Pensoft’s founder and CEO Prof. Lyubomir Penev. “With our strong background in scholarly publishing, technology development and open science practices, I am certain that we are able to provide the right venue for a high-quality and enterprising journal like Pharmacia.”

What’s on in the new issue?

The creeping cinquefoil – a perennial plant from the Northern hemisphere – has its status as a traditional medicine for treating diarrhoea, haemorrhoids and bleeding gums confirmed in a collaborative ethnobotanical study by researchers at the Bulgarian Academy of Sciences and the Medical University of Sofia (Bulgaria). Further, the team, led by Irena Mincheva, seek to explore the suggested use of the plant against mastitis: a relatively common disease and a major cause for milk reduction in both people and dairy cows.

Another paper, authored by Dr Illya Podolsky and Sergiy Shtrygol from the National University of Pharmacy in Ukraine, adds new information about “the pharmacological nature” of a molecule already known as a promising antidepressant with a unique spectrum of additional properties. By conducting an experiment in rats, using the preferred Morris water maze assessment method, the scientists study the effects of Atristamine on spatial memory and learning.

Pharmacia‘s latest issue is available on the new website. Available in HTML, XML and PDF formats, the articles are easy to find, access, mine, reuse and cite by both humans and computers. Check out the issue at: https://pharmacia.pensoft.net/issue/1757/.

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Pharmacia is indexed by ScopusAltmetric, Biotechnobase, CAplusSM/Chemical Abstracts, CNKI, CrossRef, Dimensions, EBSCOhostEmbase, ExtraMED, Google Scholar, J-GateMEDLINE/PubMedMendeleyMicrosoft AcademicNaviga (Softweco)OpenAIREPascalReadCubeToxcenterUnpaywall.

About the Bulgarian Pharmaceutical Scientific Society:

The Bulgarian Pharmaceutical Scientific Society was registered in 2003 with the aim to organise national and international science forums, support education and publish academic literature. Its main objectives are to organise and encourage pharmacological research and support collaboration between pharmacology professionals and related organisations on both national and global level.

Austrian Herpetological Society’s journal Herpetozoa moves to Pensoft’s ARPHA platform

Newly published research articles demonstrate numerous innovative features to the benefit of readers, authors and all other users

Follow Herpetozoa on Twitter and Facebook.

Published since 1988 by the Austrian Herpetological Society (ÖGH, Österreichische Gesellschaft für Herpetologie), the renowned peer-reviewed, open-access Herpetozoa is added to the growing portfolio of international scientific journals published on the ARPHA scholarly platform, as a result of a new partnership with scholarly publisher and technology provider Pensoft.

As before, Herpetozoa welcomes original research articles, short contributions and reviews covering all aspects of the study of amphibians and reptiles. The papers are published in English, whereas a translation of the abstract into German may also be included. The journal operates a single-blind peer review policy.

Seen in the first 2019 publications of Herpetozoa, now available on a brand new website, is a long list of innovative features designed to promote visibility, access, reuse and citability of the scholarly outputs.

Right underneath the new sleek look and feel welcoming users from the journal’s homepage, there are a lot of high-tech perks to benefit authors, readers, reviewers and editors alike.

Thanks to the fast-track and convenient publishing provided by ARPHA, each manuscript is carried through all stages from submission and reviewing to dissemination and archiving without ever leaving the platform’s collaboration-friendly online environment.

Furthermore, all publications are available in three formats (PDF, XML, HTML), complete with a whole set of semantic enhancements, so that the articles are easy to find, access and harvest by both humans and machines.

Editor-in-Chief of Herpetozoa, Dr Günter Gollmann states:

“We decided to move to Open Access online publishing to increase the visibility of our journal, and to speed up the publication process. The highly attractive presentation provided by Pensoft should boost attention for the papers we publish. While Herpetozoa welcomes contributions of any length on all topics in herpetology, I hope that authors will appreciate the suitability of the new format for data-rich studies in natural history. Such research is often dismissed as “too descriptive” by other international journals, but is essential for conservation of biodiversity,”


ARPHA’s and Pensoft’s founder and CEO Prof Lyubomir Penev says:

“I am pleased to see Herpetozoa having found its new home on the ARPHA platform amongst all Pensoft journals and other highly reputed academic titles from around the globe. With our own strong background in zoological sciences, I am certain that our partnership with Herpetozoa will be quick to prove fruitful to both of us, but most importantly, to all readers, authors, editors and reviewers alike.”

With its move to the open-access, technologically advanced scholarly publishing platform, Herpetozoa lines up next to historical and well-known society journals, including Deutsche Entomologische ZeitschriftAlpine Entomology (previously Journal of the Swiss Entomological Society), Journal of Hymenoptera ResearchZoologia and others, which have all chosen to modernise with the help of ARPHA.

What’s new on Herpetozoa?

Amongst the first batch of articles published in Herpetozoa in partnership with ARPHA/Pensoft, there is an Italian study tracking the long-disputed origin of the Mediterranean-native common chameleon (Chamaeleo chamaeleo) back to its ancestors in North Africa and the Middle East. Another paper by a research team from Romania compares the effects of carnivore, vegetarian and omnivorous diets on the growth, development and mortality in tadpoles of the common toad. In their study of the South American frog species Leptodactylus fuscus, scientists from Universidade Federal de Mato Grosso do Sul (Brazil) compare the diet of a population living in the wild with another one, which inhabits an urban environment. Their aim was to determine the impact urbanisation could be having on this otherwise abundant amphibian.

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Herpetozoa is indexed in Biological AbstractsBIOSIS (Previews)Current Contents – AgriculturalScience Citation Index (Expanded)Web of ScienceZoological Record (Plus). Currently, its Journal Impact Factor stands at 1.125.

Additional information:

About the Austrian Herpetological Society:

The Austrian Herpetological Society (Österreichische Gesellschaft für Herpetologie, ÖGH) was founded in 1984 to advance all branches of herpetology. The society supports scientific research and promotes conservation of amphibians and reptiles, as well as their habitats. To raise public awareness of these animal groups, ÖGH organizes meetings and excursions and publishes the journals Herpetozoa and ÖGH-Aktuell.

Moscow State University’s journal Population and Economics now published on ARPHA platform

The first 2019 issue of the journal Population and Economics is now published and demonstrates a brand new look-and-feel and high-tech perks

Population and Economics is the latest renowned journal to feature on the growing portfolio of open-access titles making use of the innovative scholarly platform ARPHA. Having taken advantage of ARPHA’s white-label publishing solution, the journal accommodates a long list of high-tech novelties which benefit authors, readers and editors alike. Marking the new partnership is the first 2019 issue of the journal, now available on its brand new website.

Population and Economics is the latest renowned journal to feature on the growing portfolio of open-access titles making use of the innovative scholarly publishing platform ARPHA, developed by scholarly publisher and technology provider Pensoft. The journal’s 2019 inaugural issue and the first since the realisation of the new partnership is already live on the journal’s new website.

Published by the Faculty of Economics at Lomonosov Moscow State University with the support of Derzhava Bank, Population and Economics has the mission to provide the international community with a scholarly platform facilitating the exchange of theoretical and practical knowledge in the study of population development, as well as results from interdisciplinary economic and demographic research.

From now on, further manifesting its dedication to sharing scientific findings on a global scale, Population and Economics is to publish articles in three formats (PDF, XML, HTML) enriched with a whole set of semantic enhancements, so that the papers, along with their data, are easy to discover, access and harvest by both humans and machines from around the world.

The journal is published in English, however, for the convenience of its large audience in Russia, articles are also available in Russian in PDF format. These are accessible from the corresponding paper’s webpage and registered under the same Digital Object Identifier (DOI).

Amongst the other high-tech perks delivered by ARPHA are sophisticated article- and sub-article-level metrics, such as those provided by discovery and analytics-specialised partner Dimensions. The latter allows for the reader to easily look up the publications that have cited the particular paper, as well as their distribution over time and across research categories.

Additionally, beneath the sleek and modern interface, there is a long list of services at the disposal of all users of Population and Economics: editors, reviewers, authors and readers alike. In order to ensure that articles are submitted, reviewed, published and disseminated rapidly and conveniently, manuscripts undergo the entire review and publication processes within ARPHA’s seamless online environment.

Submissions of research and review articles, research notes and short communications addressing a range of interdisciplinary topics are all invited at Population and Economics. The journal welcomes analyses and forecasts in the fields of demography, development and reproduction of population, economic demography, health economics, household economics, the economics of inequality, spatial demography and economy, demographic and socio-economic behaviour, applied demography, population policy and social policies amongst others.

The journal operates single-blind peer review, where the reviewers are encouraged to disclose their identities.

All publications are indexed by the Russian Scientific Citation Index (RSCI) and Google Scholar, as well as BASE, CNKI, CrossRef, Dimensions, Mendeley, Microsoft Academic, Naviga (Softweco), OCLC WorldCat, OpenAIRE, OpenCitations, ReadCube, Unpaywall. The articles will be archived at CLOCKSS, Zenodo and Portico.

“I am delighted to see our collaboration with Population and Economics already in the flesh,” says ARPHA’s and Pensoft’s founder and CEO Prof. Lyubomir Penev. “Now that the first ARPHA-published issue of this valued journal is live, I can say with confidence that we are observing the wonderful beginning of a prolific and future-oriented partnership.”

Editor-in-Chief Prof. Irina Kalabikhina adds: “Through our collaboration with the wonderful high-technology publishing platform ARPHA, we are opening a new page in the life of Population and Economics. Published since 2017 in English and Russian, our journal has been bringing authors and readers together, in order to support an interdisciplinary approach to the study of population economics. I am certain that our further cooperation will make the journal more recognisable within the global scholarly community, expand the geography of the participants in the scientific discussions and secure access to novel research results.”

About Faculty of Economics, Lomonosov Moscow State University

Founded in 1941, the Faculty of Economics continues the centuries-old tradition of economic education in Russia, being one of the leading university-level centres in the field of Economics. The faculty combines fundamental education and professional training in order to develop its students’ analytical skills and creative thinking, thereby helping its graduates to adapt quickly and successfully to the requirements of any job in the field of economics.

About Lomonosov Moscow State University

Founded in 1755 by Russian polymath, scientist and writer Mikhail Lomonosov, the university is currently the highest-ranking Russian educational institution, according to the 2018 QS World University Rankings. It is also considered to be the most prestigious university in the former Soviet Union. Every year Moscow University enrolls about 4 000 international students and postgraduates from all over the world.

Dutch Banks post-2008: Substantial increase in the equity capital is key to bank stability

In the aftermath of the global financial crisis of 2007-2008 and the following studies and comments in literature and the financial press, a study from a group of leading Dutch economists, published in June 2018, is commented by Prof.dr. Piet Duffhues, Tilburg University, the Netherlands.

The main conclusion of the study group was that an increase in the equity capital for Dutch banks should be realised. This proposal was based on an international comparison of bank balance sheets  of leading countries. It means that commercial banks would be required to keep a greater difference between the values of their assets and their liabilities.

In his paper, recently published in the open-access journal Monthly magazine for Accountancy and Business Administration (MAB), Duffhues agrees that if realised, the recommendation could not only bring Dutch banks back on their feet, but also increase their future solvency: the ability to pay their debts as they fall due. Thus, banks would have greater capacity to cover their future losses if necessary, and would manage risks in a far more efficient way.

Duffhues argues that despite scientists, financial journalists and politicians having continuously analysed and discussed the causes of the most devastating financial crisis since the Great Depression in the preceding century, little attention has been paid to the financial structure of commercial banks themselves.

Not only were Dutch banks not accommodating the international equity ratios, but, according to Duffhues, they were not compliant with the Dutch Corporate Governance Code 2016 in terms of external risk management, either. For a long time, they were keeping to a very low equity capital – only holding 3% of their total balance sheet amount. With their debt possibly reaching 97%, these 3% losses were already enough to lead to a serious lack of trust.

The 3% requirement had been imposed by national and international regulators in earlier decades. At that time, such strategy was considered reasonable by bank management and regulators. However, the financial crisis of 2008 turned out to be too intense to avoid the necessity of government action to rescue the banks from default. Naturally, their behaviour resulted in a very low solvency of the banks.

“The behaviour of banks at that time can be seen as contributing to the systemic risk of the economy,” explains Duffhues.

The author goes even much further than the study group, whose study he references. He is convinced that a substantial increase in the equity capital of up to 25% for banks will not only secure their own survival, but will also bring a number of undoubtedly positive developments for the society as a whole, including more trust from citizens and firms, less need for government interventions, and avoidance of financial cycle collapses. If banks have high enough equity ratios, economic recessions will not result in finance stops for consumers and producers in the economy. Bank solvency ratios should reflect the banks’ responsibility for the welfare and sustainable development of the society.

Original source:

Duffhues P (2018) De lessen van de crisis van 2008 in terugblik. Maandblad voor Accountancy en Bedrijfseconomie (MAB) 92(9/10): 277-282. https://doi.org/10.5117/mab.92.29016

 

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Monthly magazine for Accountancy and Business Administration (MAB) is one of the journals hosted on ARPHA through the platform’s white-label publishing solution.

New promising compound against heart rhythm disorders and clogged arteries

The pharmacological agent outperforms current drugs in most of cases, show multiple experiments

A new pharmacological agent demonstrates promising results for the prevention of a wide range of heart rhythm disorders, including both cardiac and brain injury-induced arrhythmias. Furthermore, the compound (SS-68) demonstrates significant activity in conditions of reduced blood flow to the heart caused by obstructed arteries.

The study, conducted by a research team led by Dr Saida Bogus of the Kuban State Medical University in Russia, is published in the open-access journal Research Results in Pharmacology.

Each year, more than 17 million people from around the globe (mostly Europe and the USA) die of cardiovascular diseases and related complications, according to the World Health Organization. In Russia, about 3 out of 1,000 people suffer from the most common and malignant heart rhythm disorder: atrial fibrillation (AF), where the count is expected to at least double in the next 30 years. While sometimes lacking symptoms, atrial fibrillation could generally be recognised by a racing, irregular heartbeat, dizziness, fatigue, shortness of breath and chest pain, thereby largely compromising the quality of one’s life. The disorder could also lead to various complications, including dementia, stroke and heart failure.

Currently, the drugs administered to AF patients have major deficiencies, including narrow therapeutic windows, which means that even minimal imprecision in the dosage could result in unacceptable toxicity. Hence, patients need to be closely monitored and have their doses adjusted on a regular basis.

In their study, the team turned to the aminoindole derivatives to look for an alternative compound. This chemical group has already shown a significant potential in terms of cardio-pharmacological activity.

Having tested the SS-68 compound on multiple occasions in different animals, the researchers report that it has a pronounced antiarrhythmic effect and is able to bring the electrical activity of the heart back to normal and, in most cases, outperforming the reference drugs used in clinical practice: amiodarone, lidocaine, aymaline, ethacizine, etmozine and quinidine anaprilin.

Further, in brain injury-induced arrhythmias, the compound was found to reduce the episodes of epilepsy. It was also observed to have a positive effect in clogged blood vessels where it is reported to have successfully increased the coronary blood flow. In addition, the compound managed to decrease the area of necrosis in the heart tissue caused by a heart attack.

“To date, there have been significant achievements of Russian and foreign pharmacologists, chemists and clinicians in creating and introducing into the practical medicine a number of antiarrhythmic drugs different by their chemical structure, nature, spectrum, activity and mechanism of action; nevertheless, one of the most important tasks of modern pharmacology is searching for and developing new highly active substances of the corresponding action,” explain the scientists.

“Special attention should be paid to an in-depth study of the molecular mechanisms of action of this compound,” they conclude.

A paper looking further into the molecular mechanisms of the antiarrhythmic action of SS-68 prepared by the same research team is currently in press with Research Results in Pharmacology.

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Original source:

Bogus SK, Galenko-Yaroshevsky PA, Suzdalev KF, Sukoyan GV, Abushkevich VG (2018) 2-phenyl-1-(3-pyrrolidin-1-il-propyl)-1 H-indole hydrochloride (SS-68): Antiarrhythmic and cardioprotective activity and its molecular mechanisms of action (Part I). Research Results in Pharmacology 4(2): 133-150. https://doi.org/10.3897/rrpharmacology.4.2859

 

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Research Results in Pharmacology is one of the journals hosted on ARPHA through the platform’s white-label publishing solution.

Biodiversity Data Journal in Science Citation Index Expanded & Journal Citation Reports

Nearly five years after the launch of the innovative, open access scholarly venue, designed to accelerate biodiversity research by closing the gap between narrative and machine-readable structured data, BDJ is formally recognised as one of the high quality journals in its discipline by Clarivate Analytics.

Following a rigorous evaluation process, Pensoft‘s Biodiversity Data Journal (BDJ) was accepted for a range of Clarivate Analytics products and services, including the Science Citation Index Expanded (SCIE) and the Journal Citation Reports, meaning it is to make use of the Journal Impact Factor and related metrics.

Furthermore, articles published in BDJ are to be abstracted in several databases: Agriculture, Biology, and Environmental SciencesZoological RecordBiological Abstracts and BIOSIS Previews, so that the publications are even easier to find by researchers, while citations are continuously tracked, assessed and analysed.

Unlike conventional scholarly journals, BDJ allows for the integrated publication of data alongside text, made possible through highly automated import and conversion of machine-readable structured data into human-accessible format, resulting in a wide range of article types: data papers, species occurrences, species conservation profiles, software descriptions and others. On the other hand, text published in BDJ can be easily downloaded as data or mined by computers for reuse.

“Going beyond the purposes and capabilities of a traditional scholarly journal, or even a data journal, for five years now, BDJ has been successfully demonstrating how much of a valuable scholarly outlet it really is, especially when it comes to publication of data meant to be optimally findable, accessible, interoperable and reusable to the benefit of the field of biodiversity research,” says Prof. Lyubomir Penev, CEO and founder of both Biodiversity Data Journal and Pensoft.

“This recognition from Clarivate is certainly a great reassurance that BDJ has managed to fulfill its mission in proving its worth on the scholarly scene. After all, it comes with the leading usage metrics, in addition to the already featured AltmetricsDimensionsScopus, and article- and sub-article-level statistics,” he adds.

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About Biodiversity Data Journal:

Biodiversity Data Journal (BDJ) is a community peer-reviewed, open access journal, designed to accelerate publishing, dissemination and sharing of biodiversity-related data of any kind. All structural elements of the articles – text, morphological descriptions, occurrences, data tables, etc. – are treated and stored as data. BDJ aims at integrating data and narrative in the article content to the maximum extent possible. Supplementary data files that underpin graphs, hypotheses and results should also be published with the article or deposited in trusted open access data repositories. The journal provides rich biodiversity data import and export facilities through the ARPHA Writing Tool and Darwin Core Archives.

CO2 emissions in Russia go up in line with economic growth up until a certain point

This is the first detailed study to test whether the environmental Kuznets curve hypothesis holds true for the Russian Federation

Pollution in Russia increases along with economic growth, but only until it reaches a certain threshold, from where it starts to decrease, demonstrates a recent study conducted by Prof. Natalya Ketenci, Yeditepe University, Turkey.

The validity of the phenomenon, recognized as the environmental Kuznets curve, demonstrates a promising progress for the environmental policies and practices in the Russian Federation. Published in the open-access Russian Journal of Economics, the study also seeks to identify the relationships and causality between pollution, quantified by carbon dioxide (CO2) emissions, and the main factors which affect them.

To do so, the author employs annual data on energy consumption, real income, international trade, level of education and level of urbanization for the period 1991-2016, available from the World Bank’s World Development Indicators database. As a result, the research paper provides recommendations to policy makers in Russia responsible for the environmental quality on national level.

According to the data, Russia remains the fourth largest contributor in terms of CO2 emissions in the world after China, the USA and India in terms of total kilotons, but is ahead of the US when Gross domestic product (GDP) is taken into account. While the US contributes with 0.33 kg of CO2 emissions per 2010 dollars of GDP, Russia accounts for 0.99 kg. Furthermore, despite the global tendency of decreasing annual amounts of CO2 emissions, Russia continues to increase its own.

Interestingly, while Russia has increased its overall CO2 emissions by 14% since 1998 (8% since 2009), its quantity turns out to have actually declined by 45.6% (7.3% since 2009) when the GDP is considered. In agreement with the environmental Kuznets curve hypothesis, this is due to the gradual deployment of more environmentally-friendly equipment in a growing economy.

When studying the key factors for pollution, Prof. Natalya Ketenci concludes that energy consumption, real income, education and urbanization levels are all significant determinants, and open trade has no impact.

In conclusion, the researcher suggests that policy-makers in Russia need to continue with the implementation of policies meant to sustain economic development, thereby favoring cleaner technologies.

Efforts in raising environmental awareness among the population is also a priority. Interestingly, while education in Russia is linked to better access to advanced, yet energy-intensive technology, it is through education that people can be motivated to improve environmental quality and thus persuaded into practices such as recycling and giving up on non-renewable products.

Quite an ambiguous effect on environmental pollution is found in the case of urbanization as well. While generally linked to increased CO2 emissions as a result of greater and denser population, improved recycling organization and hygiene provisions in urban areas work in favor of environmental quality. Therefore, the author recommends that the focus for urban areas needs to be placed on maintaining current policies and decreasing energy intensity, while in rural areas, it is important to implement new efficient environmental policies.

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Original source:

Ketenci N (2018) The environmental Kuznets curve in the case of Russia. Russian Journal of Economics 4(3): 249-265. https://doi.org/10.3897/j.ruje.4.28482

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Russian Journal of Economics is one of the journals hosted on ARPHA through the platform’s white-label publishing solution.