Leadership Strategies, Economic Activity, and Interregional Interaction

2002 ◽  
Keyword(s):  
Economic Activity ◽  
Leadership Strategies ◽  
Interregional Interaction

scholarly journals Interregional Clusters as Drivers of Innovative Entrepreneurship

2018 ◽  
pp. 153-156
Keyword(s):  
Economic Activity ◽  
Direct Relationship ◽  
Modern World ◽  
Economic Success ◽  
Resource Base ◽  
Management Activity ◽  
Interregional Interaction ◽  
The World ◽  
Technological Mode

The modern world is on the threshold of transition to the sixth technological mode, which will cause tremendous shifts in the economy around the world. The transition to the sixth technological mode will entail the emergence of new branches of the economy and the dying out of some of those that are functioning now. As a result of the transition, the principles of conducting economic activity will also change, due to changes in the resource base of industries, as well as the principles of management activity. This paper identifies the problems associated with the transition to the new technological mode, and also proposes an approach to managing this process. The paper considers the hypothesis that there is a direct relationship between the level of technical complexity of the product produced and the degree of dependence on the interregional interaction. The paper considers interregional interaction as one of the fundamental factors of the economic success of the new technological mode. Interregional "cluster cubes" are defined as the institutional basis for building the economy of the new technological mode.

Economic Activity

1967 ◽  
Author(s):  
G. C. Harcourt ◽  
P. H. Karmel ◽  
R. H. Wallace
Keyword(s):  
Economic Activity

Institutional Specifics of Business Self-regulation

2003 ◽  
pp. 88-98 ◽  
Author(s):  
A. Obydenov
Keyword(s):  
Economic Activity ◽  
Self Regulation ◽  
Institutional Arrangement ◽  
Voluntary Membership ◽  
Sufficient Set ◽  
The Subject ◽  
Necessary And Sufficient ◽  
Object Of Control ◽  
Self Enforcement

Self-regulation appears to be a special institution where economic actors establish their own rules of economic activity for themselves in a specific business field. At the same time they are the object of control within these rules and the subject of legal management of the controller. Self-regulation contains necessary prerequisites for fundamental resolution of the problem of "controlling the controller". The necessary and sufficient set of five self-regulation organization functions provides efficiency of self-regulation as the institutional arrangement. The voluntary membership in a self-regulation organization is essential for ensuring self-enforcement of institutional arrangement of self-regulation.

Economic effects of monetary policy in Russia: What do large datasets tell us?

2020 ◽  
pp. 31-53 ◽  
Author(s):  
Anna A. Pestova ◽  
Natalia A. Rostova
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Interest Rates ◽  
Economic Activity ◽  
Global Financial Crisis ◽  
Exchange Rate Regime ◽  
Aggregate Demand ◽  
Economic Effects ◽  
Theoretical Concepts ◽  
Empirical Estimates

Is the Bank of Russia able to control inflation and, at the same time, manage aggregate demand using its interest rate instruments? In other words, are empirical estimates of the effects of monetary policy in Russia consistent with the theoretical concepts and experience of advanced economies? This paper is aimed at addressing these issues. Unlike previous research, we employ “big data” — a large dataset of macroeconomic and financial data — to estimate the effects of monetary policy in Russia. We focus exclusively on the period after the 2008—2009 global financial crisis when the Bank of Russia announced the abandoning of its fixed ruble exchange rate regime and started to gradually transit to an interest rate management. Our estimation results do not confirm standard responses of key economic activity and price variables to tightening of monetary policy. Specifically, our estimates do not reveal a statistically significant restraining effect of the Bank of Russia’s policy of high interest rates on inflation in recent years. At the same time, we find a significant deteriorating effect of the monetary tightening on economic activity indicators: according to our conservative estimates, each of the key rate increases occurred in March and December 2014 had led to a decrease in the industrial production index by about 0.2 percentage points within a year.

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