scholarly journals Rental and Investment Regulation of Mining Companies in Subsoil Developing Industries

2019 ◽  
Vol 105 ◽  
pp. 04021 ◽  
Author(s):  
Gennady Alexandrov ◽  
Alexander Yablonev

Despite the fact that the problem of rental regulation of more and more becomes the object of scientists and practitioners attention, however, with regard to the results of the study of mining still cannot serve as a robust theoretical basis for the development of practical steps towards the establishment of organizational and economic relations and mechanisms, which would be able to determine the investment attractiveness of extractive activities and, consequently – the motivation to sustainable development. This is largely due to the fact that economic relations in mineral extracting industries, unlike other fields of activity are special. Their determinant is the existence of two types of band property relations, folding, firstly, regarding the ownership and administration of mineral resources, and, secondly, with regard to their use by entrepreneur as object of management. Therefore, between the owner of the subsoil and economic entity, there are special, rental relations in which inherently embedded contradiction in interests. It must and can be resolved solely on the principles of consensus and, we believe, through the institutionalization of these relations, their regulation and administration.

2019 ◽  
Vol 15 (1) ◽  
pp. 89-97
Author(s):  
Sergey Grozdilov ◽  
Pavel Baruzdin

The Object of the Study. Justice as a social phenomenon, a property, and the system-forming side of social relations.The Subject of the Study. Systems aralysing the phenomenon of justice as an objective characteristic of social relations at the theoretic and conceptual levels in the socioeconomic sphere. The Purpose of the Study. The category of justice, its essential, meaningful characteristics in the context of socioeconomic relations.The Main Provisions of the ArticleIn the context of globalization of social processes, the problem of justice has acquired special importance both in theoretical, ideological and practical terms. In the system of socio-economic relations, justice as an objective property of these relations is determined through the socio-philosophical category, which indicates the correspondence of appropriation as a process of securing resources, property, means of production, material goods, services and various types of income for an economic entity or an individual to the results of their activities.At each stage of social development, economic justice has its limits , which are the interests of the state and social groups. The latter dictate their demands for the application of the principles of justice, primarily through decent remuneration for work. As an economic problem, justice is manifested in the form of claims, conditions imposed on the political power about effective taxation and adequate tax burden on the population.But in general, the study of the problems of justice in economic relations is closely related to the need to find more effective options for the development of production and society. On a socially significant scale, socio-economic justice acts as the expediency of the emerging property relations, and their transformation at a certain historical stage. The dynamics of changes in economic relations, the basis of which are property relations, causes changes in the specific meaning of justice in this process


2020 ◽  
Vol 8 (8) ◽  
pp. 1476-1496
Author(s):  
V.V. Smirnov

Subject. The article discusses Russia’s economy and analyzes its effectiveness. Objectives. The study attempts to determine to what extent Russia’s economy is effective. Methods. The study is based on the systems approach and the statistical analysis. Results. I discovered significant fluctuations of the structural balance due to changing growth rates of the total gross national debt denominated in the national currency, and the stability of growth rates of governmental revenue. Changes in the RUB exchange rate and an additional growth in GDP are the main stabilizers of the structural balance, as they depend on hydrocarbon export. As a result of the analysis of cash flows, I found that the exports slowed down. Financial resources are strongly centralized, since Moscow and the Moscow Oblast are incrementing their share in the export of mineral resources, oil and refining products and import of electrical machines and equipment. Conclusions and Relevance. The fact that the Russian economy has been effectively organized is proved with the centralization of the economic power and the limits through the cross-regional corporation, such as Moscow and the Moscow Oblast, which is resilient to any regional difficulties ensuring the economic growth and sustainable development. The findings would be valuable for the political and economic community to outline and substantiate actions to keep rates of the economic growth and sustainable development of the Russian economy.


2014 ◽  
Vol 4 (1) ◽  
pp. 29-52 ◽  
Author(s):  
Angeles Mendoza Sammet

This contribution analyzes whether the transboundary use of mineral resources by Canadian companies contributes to local and regional cohesion. The analysis is based on documental reviews, a field visit, and conversations with stakeholders of Canadian mining projects in Mexico. The results strongly suggest that, despite the bene fits that are advertised in the discourses of the Canadian and Mexican governments, this economic relationship is not fostering social cohesion as would be expected. Rather than helping dispossessed sectors of Mexican society satisfy their basic needs, the lack of social responsibility on the part of national governments and some transnational mining companies is generating numerous environmental and social impacts and is resulting in violations of human and indigenous people's rights. This situation, however, is fostering social cohesion through shared values among dispossessed communities in Mexico, and between them and various civic, human rights, and environmental organizations in Canada. Spanish Esta contribución analiza de qué forma el desarrollo de recursos mineros en México por empresas canadienses influye en la cohesión social local y regionalmente. El análisis se basa en revisión documental, visitas de campo y conversaciones con informantes clave. Los resultados fuertemente sugieren que esta relación comercial no está contribuyendo a mejorar la cohesión social como sería de esperarse si la minería contribuyera al desarrollo sustentable según lo promocionan los gobiernos de México y Canadá. En vez de contribuir a reducir la pobreza, se han generado diversos impactos sociales y ambientales debido a la falta de responsabilidad social que prevalece en el sector minero. Estos incluyen violaciones de derechos humanos y gentes indígenas. Sin embargo, estas consecuencias negativas están favoreciendo la cohesión social entre las comunidades afectadas por la minería en México y las organizaciones civiles en Canadá que están ejerciendo presión en Canadá para que haya cambios en el sistema político y legal para asegurar que las empresas canadienses operen de manera social y ambientalmente responsable. French Ce e contribution entend voir de quelle manière l'utilisation transfrontalière des ressources minérales par des entreprises canadiennes contribuent à la cohésion locale et régionale. L'analyse se fonde sur l'examen des documents, une visite sur le terrain, et les interviews menées avec les parties prenantes des projets miniers canadiens au Mexique. Les résultats suggèrent fortement que, malgré les avantages formulés dans le discours des gouvernements canadien et mexicain, ce e relation économique ne conduit pas à la cohésion sociale comme on pourrait s'y attendre. Plutôt que d'aider les secteurs déshérités de la société mexicaine à satisfaire leurs besoins de base, le manque de responsabilité sociale de la part des deux gouvernements nationaux et certaines entreprises minières transnationales produit de nombreux impacts environnementaux et sociaux qui se traduisent par des violations des droits de l'homme des peuples indigènes. Ce e situation, cependant, favorise la cohésion sociale à travers des valeurs partagées entre les communautés dépossédées au Mexique, et entre eux et diff érentes organisations civiles défenseurs des droits de l'homme et environnementaux au Canada.


Author(s):  
Igor Bystryakov

The problem issues and points of inhibition of the introduction of public-private forms of sustainable management of European type in the national economy of Ukraine are determined in order to ensure the effective implementation of the relevant principles and mechanisms in the system of sustainable development of the state and its territories, in particular in the context of water, land, forest and mineral resources. The main limitations of the system, as well as the factors of deterrence and directions of the development of public-private relations in Ukraine are revealed.


2021 ◽  
Vol 2 (1) ◽  
Author(s):  
Anđela Ivic ◽  
Nína María Saviolidis ◽  
Lara Johannsdottir

AbstractMining activities cause negative environmental impacts and social conflicts but also provide economic benefits to communities and secure the minerals necessary for low-carbon technology. The aim of this multiple case study is to analyze, compare and critically evaluate sustainability reports of 10 European mining companies for the 2016–2018 period to determine the drivers for implementation of sustainability practices and their contribution to the Sustainable Development Goals (SDGs). The findings suggest that European mining companies act under pressures from international initiatives and industry associations, the European Union, governments, stakeholders, and maintaining social license to operate. The companies report on the core subjects of corporate governance, employees, the environment, stakeholders’ engagement and occupational health and safety. Positive trends were observed in stakeholders’ engagement and health and safety, while air emissions and water and energy usage increased for most companies. Furthermore, there was an absence of improvement in gender diversity, utilization of renewable energy, and waste recycling. Even though all analyzed companies mentioned SDGs in the reports, the reports lacked a comprehensive explanation of mining activities’ contribution to the SDGs. This study addresses a gap in the existing literature on the European mining context of sustainable development and SDGs relevant for researchers, policymakers, and other impacted stakeholders and adds new theoretical knowledge on the external drivers of CSR activities based on institutional theory.


Author(s):  
S Hushko ◽  
J M Botelho ◽  
I Maksymova ◽  
K Slusarenko ◽  
V Kulishov

2021 ◽  
Vol 14 (4) ◽  
pp. 407-432
Author(s):  
Irina A. ASTRAKHANTSEVA ◽  
Irina N. KOYUPCHENKO ◽  
Aleksandra A. TERSKIKH

Subject. The article addresses the financial potential of the organization, investigates economic relations stemming from financial potential formation and prospects for its growth as a result of actions and initiatives of managerial staff. Objectives. The aim is to disclose the content of the rational approach in financial and analytical studies focused on expressing the analytical value of qualitative and quantitative determination of financial potential in the process of substantiating management decisions on achieving competitiveness and long-term efficiency of economic entity. Methods. The study rests on modern theories of capital structure, methods for developing financial strategy, solving multi-criteria economic problems, including ranking techniques, the graphical and analytical models. Results. We developed methodological recommendations for financial potential assessment, which include the indicators of strategic level of investment capital management based on the systems approach to the use of financial, strategic and investment analysis tools. Their application in practice will increase the informativeness of potential assessment. The findings have an applied focus aimed at professional competencies in the development of organizational and administrative documents that regulate the analysis and assessment of financial potential based on strategic goals. Conclusions. Along with the existing methods, the methodological recommendations form a subsystem of analytical support focused on the organization’s value and finance management. Their use in financial strategy formation enables to identify and study strategic alternatives of development, create financial sections of business plans, justify adjustments to the strategy and tactics of financial management.


2021 ◽  
Vol 2 (12) ◽  
pp. 90-94
Author(s):  
V. V. Rebrova ◽  

The article gives the author's vision of the sustainable development of a public corporation based on the movement towards "green" growth. The results of the author's research aimed at establishing a link between the financial condition of Russian public corporations and ESG criteria are presented. This is a connection that necessitates the transition to a "green" economy at the level of an individual enterprise, not only for reasons of ethical business practices, but also because of the possibility of extracting financial and economic benefits. The article proves that the application of ESG practice leads an individual economic entity to economic and social prosperity.


Author(s):  
Vugar Nazarov ◽  
◽  
Jamal Hajiyev ◽  
Vasif Ahadov ◽  
◽  
...  

Local and foreign scientists are now paying growing attention to various issues of property and the philosophical and ethical, political, economic, institutional, social, psychological, and other aspects of its formation, taking into account the requirements of large-scale transformation, which primarily concern post-industrial areas of social development. In consequence, as modern studies rightfully point out, considering property relations, two general restrictions should be taken into account: this is an attempt to explain the absoluteness of their roles, the presence and content of all aspects of socio-economic relations by property relations; and the denial of the role of property as one of the most important factors determining the direction of social development in the present and future.This situation forces a new look at the economic policy of the state in this area, because any financial and monetary measures taken by the government will be doomed to failure if their implementation will be without interaction with the mechanisms of the private property system. The article defines the entrepreneurial sector of the region, its interaction with the institutions of the market system operating in all sectors and spheres of the region's economy, and also shows the influence of the development of property relations on the institutions of entrepreneurship.


2012 ◽  
pp. 587-607
Author(s):  
Pia Acconci

This article focuses on the relevance of the ‘green economy' for the promotion of human rights as the base of sustainable development, in light of major trends in international law. In June of this year, at the end of the UN Conference Rio +20 on Sustainable Development, States adopted a document - "The Future We Want" - which refers to the ‘green economy' as an economic model for the future. "The Future We Want" confirms the tendency towards the increasing involvement of private parties in international economic relations. However, complex policy issues concerning the interaction between economic and non-economic interests/concerns have arisen from current trends towards interdependence, liberalization and privatization. Some issues have brought about international disputes which are difficult to be settled, since the applicable principles and rules to the merits are insufficient and fragmented. As disputes owing to conflicts between economic and non-economic interests/concerns constitute a relevant investment and/or trade risk, all States need to promote the rapid settlement and prevention of such disputes. To this end, States and international organisations might increase the level of integration of non-economic concerns into international agreements concerning economic matters and adopt interpretative guidelines and clarifications of the existing rules.


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