scholarly journals Property transformation as driver of Russia’s sustainable development

2021 ◽  
Vol 258 ◽  
pp. 06018
Author(s):  
Victor Barkhatov
Keyword(s):  
Sustainable Development ◽  
Ownership Structure ◽  
Comparative Effectiveness ◽  
Private Property ◽  
Public And Private ◽  
Russian Economy ◽  
Fixed Assets ◽  
Low Efficiency ◽  
Transformation Processes ◽  
Shared Ownership

A plurality of subjects of ownership characterizes the Russian economy. The transformation processes that began in 1991 continue to the present day. Until now, the question of the comparative effectiveness of various ownership forms remains open. Based on the analysis of trends in public and private property in Russia in 1992-2018, the article examines the correspondence of these processes to important systemic properties: cyclicity, cumulativeness, nonlinearity, and evolutionary character. Special attention is paid to such indicators of transformation processes as investments in fixed assets under various ownership forms. The conclusion is made about the low efficiency of the existing ownership structure in ensuring the Russian economy’s sustainable development. A hypothesis is put forward about the need to further develop forms and relations of ownership based on the development of alternative forms of ownership, including shared ownership.

Crisis Management under Economic Sanctions: Mission Impossible?

2015 ◽  
pp. 20-36 ◽  
Author(s):  
S. Afontsev
Keyword(s):  
Crisis Management ◽  
Import Substitution ◽  
Normal Growth ◽  
Economic Sanctions ◽  
Public And Private ◽  
Technology Markets ◽  
Economic Relations ◽  
Russian Economy ◽  
Wide Scale ◽  
Trade Partners

Economic sanctions against Russia form a completely new context for public and private efforts to cope with crisis trends in Russian economy. With limited access to global goods, capital, and technology markets, it can at best minimize costs of the crisis but not come back to the normal growth path. Strategies to find new trade partners and sources of capital outside the group of countries that have introduced economic sanctions against Russia are welcome, but their potential is rather limited. Under these circumstances, crisis management should be centered neither on the alleged ‘Russia’s pivot to the East’ nor on the wide-scale import substitution but on normalization of economic relations with key country partners, regaining currency stability, and structural reforms aimed at moving national economy away from commodity specialization.

Analyzing the current effectiveness of the Russian economy's design

2020 ◽  
Vol 8 (8) ◽  
pp. 1476-1496
Author(s):  
V.V. Smirnov
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Growth Rates ◽  
Systems Approach ◽  
Mineral Resources ◽  
Cash Flows ◽  
Moscow Oblast ◽  
Structural Balance ◽  
Russian Economy ◽  
The Stability

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.

Tools for the development of innovative entrepreneurship in the region

2019 ◽  
pp. 66-72
Author(s):  
V. P. Basenko ◽  
V. A. Dianova
Keyword(s):  
New Technologies ◽  
High Tech ◽  
Organizational Forms ◽  
Public And Private ◽  
Economic Agents ◽  
Russian Economy ◽  
New Organizational Forms ◽  
Innovative Solution ◽  
Public And Private Cooperation ◽  
Effective Use

The article is devoted to the problems of innovative enterprise development. Since the Russian economy is in a state of financial and economic stagnation, there is a need to apply radically new innovative directions of business activities that ensure the effective use of financial potential within the framework of national projects. Practice shows that today the business sector in Russia is not able to provide a full-fledged demand for new technologies. Therefore, there is a need for substantial state support to provide centralized orders for high-tech industries. There are already examples of combining the efforts of a number of Autonomous economic entities to implement innovative reforms, new organizational forms of interaction have been formed, such as: centers for the implementation of innovative ideas; centers for engineering services; business incubators, etc. The subjects of these organizational forms of cooperation developed and proposed measures aimed at innovative solution of technological problems relevant to the regional economy, as well as for the country as a whole. Link for the efficient interaction of economic agents becomes an inherent characteristic, is the need of implementation of mechanisms of coordination with “network interaction”. It is important to note the fact that the existing relations and forms of regulation of various systems are not permanent, there are no strategic concepts aimed at long-term public and private cooperation.

scholarly journals The Impact of Energy Consumption on the Three Pillars of Sustainable Development

Energies ◽  
2021 ◽  
Vol 14 (5) ◽  
pp. 1372
Author(s):  
Silviu Nate ◽  
Yuriy Bilan ◽  
Danylo Cherevatskyi ◽  
Ganna Kharlamova ◽  
Oleksandr Lyakh ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Energy Consumption ◽  
Energy Density ◽  
Ecological Footprint ◽  
Policy Design ◽  
Disability Adjusted Life ◽  
The Social ◽  
Low Efficiency ◽  
Disability Adjusted Life Year ◽  
The Impact

The paper analyzes the impact of energy consumption on the three pillars of sustainable development in 74 countries. The main methodological challenge in this research is the choice of a single integral indicator for assessing the social component of sustainable development. Disability-adjusted life year (DALY), ecological footprint, and GDP (Gross domestic product) are used to characterize the social, ecological, and economical pillars. The concept of physics, namely the concept of density (specific gravity), is used. It characterizes the ratio of the mass of a substance to its volume, i.e., reflects the saturation of a certain volume with this substance. Thus, to assess the relationship between energy consumption and the three foundations of sustainable development, it is proposed to determine the energy density of the indicators DALY, the ecological footprint, and GDP. The reaction to changes in energy consumption is described by the elasticity of energy density functions, calculated for each of the abovementioned indicators. The state of the social pillar is mostly dependent on energy consumption. As for the changes in the ecological pillar, a 1% reduction in energy consumption per capita gives only a 0.6% ecological footprint reduction, which indicates a low efficiency of reducing energy consumption policy and its danger for the social pillar. The innovative aspect of the research is to apply a cross-disciplinary approach and a calculative technique to identify the impact that each of the pillars of sustainable development imposes on energy policy design. The policy of renewable energy expansion is preferable for all sustainable development pillars.

Governance Problems in Closely Held Corporations

2011 ◽  
Vol 46 (4) ◽  
pp. 943-966 ◽  
Author(s):  
Venky Nagar ◽  
Kathy Petroni ◽  
Daniel Wolfenzon
Keyword(s):  
Ownership Structure ◽  
Large Data ◽  
Minority Shareholders ◽  
Return On Assets ◽  
Data Set ◽  
Large Data Set ◽  
Ownership Rights ◽  
Shared Ownership

AbstractA major governance problem in closely held corporations is the majority shareholders’ expropriation of minority shareholders. As a solution, legal and finance research recommends that the main shareholder surrender some control to minority shareholders via ownership rights. We test this proposition on a large data set of closely held corporations. We find that shared-ownership firms report a substantially larger return on assets and lower expense-to-sales ratios. These findings are robust to institutionally motivated corrections for endogeneity of ownership structure. We provide evidence on the presence of governance problems and the effectiveness of shared ownership as a solution in settings characterized by illiquidity of ownership.

Strategic Management as a Basis of Sustainable Development in Agricultural Production

2021 ◽  
Vol 27 (7) ◽  
pp. 523-529
Author(s):  
T. V. Simonyan ◽  
N. V. Shvydenko
Keyword(s):  
Sustainable Development ◽  
Strategic Management ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Structural Model ◽  
Innovation Policy ◽  
Cluster Structure ◽  
Industrial Complex ◽  
The Sustainable Development ◽  
Russian Economy

Aim. The presented study aims to substantiate a structural model for developing a sustainable development strategy in agricultural production, making allowance for changes in the level of impact of environmental factors.Tasks. The authors determine the reasons why the Russian agro-industrial complex (AIC) is lagging; identify the specific aspects of forming a strategy for the sustainable development of regional AICs; formulate urgent problems of sustainable development for the agri-food sector of the Russian economy at the federal, regional, and enterprise levels.Methods. This study uses a reasonable and objective approach to the problem of applying strategic management as a foundation for the sustainable development of agricultural production based on the knowledge of the laws of development of socio-ecological and economic systems and a study of multidirectional factors of the external and internal environment. The methodological basis for the sustainable development of agricultural production includes the concept of sustainable development as a priority at the macroeconomic level; strategy as a planning tool based on consistency with programs implemented at the federal, regional and municipal levels of public administration; methods and tools of strategic management at AIC enterprises.Results. The key aspects of the institutional-synergetic approach to the sustainable development of the AIC include the need to coordinate all factors by forming coherent goals not only among economic and financial institutions, but also for technopolises that combine scientific, industrial, financial, and entrepreneurial capital into one system cluster structure. The authors formulate the stages of implementing a strategy for the sustainable development of regional AICs, making it possible to come up with measures aimed at reorganizing the structure of the agricultural sector and to overcome the negative manifestations of crises in the Russian economy, thus minimizing their consequences.Conclusions. During the development of a strategy for the sustainable development of regional AICs, a multiplicative effect arises, making it possible to activate innovation policy and boost the development of other sectors of the economy, improving the population’s quality of life. When developing a strategy at the microeconomic level, it is necessary to make allowance for the specifics of the industry and the mission of a modern agro-industrial enterprise and to focus on solving problems formulated based on the trinity of goals of social, environmental, and economic long-term sustainable development.

scholarly journals E-Learning Financing Models in Russia for Sustainable Development

2020 ◽  
Vol 12 (11) ◽  
pp. 4412 ◽  
Author(s):  
Dayong Nie ◽  
Elena Panfilova ◽  
Vadim Samusenkov ◽  
Alexey Mikhaylov
Keyword(s):  
Sustainable Development ◽  
Traditional Education ◽  
Educational Process ◽  
Global Politics ◽  
Clear Understanding ◽  
Public And Private ◽  
Proposed Model ◽  
E Learning ◽  
New Vision ◽  
Russian Education

E-learning brings new dimensions to traditional education. This especially affects countries that, due to many factors, have historically been considered the “talent pool” for the world community. In this study, a model for financing e-education has been developed that is applicable to Russian realities. The model was built around the balance between demand (global politics, economics, and principles of sustainable development) and supply (sources of direct financing). As a result, a key challenge of improving the e-learning financing methodology and models, specifically the efficiency of government spending and private investing, demands the use of new approaches and mechanisms. To improve e-learning financing, a clear understanding of the applied purpose of public and private means is required. Responsibilities for the e-learning outcome of institutions that receive financing are linked to their status. An unclear understanding of these issues is more likely associated with the issue of transparency of financing than with inefficiency. The proposed model allows transforming the “standards” of financing both in the field of e-education and Russian education in general and presents a new vision of participants’ interaction in the educational process, taking into account a set of restrictions and market features.

scholarly journals Convergence as a Structural Goal of Sustainable Economic Development: the Overview of Approaches

2021 ◽  
Vol 315 ◽  
pp. 04019
Author(s):  
Sergey Zhironkin ◽  
Olga Zhironkina ◽  
Michal Cehlar
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Natural Resources ◽  
Environmental Pollution ◽  
Green Economy ◽  
Economic Policies ◽  
Structural Shift ◽  
Russian Economy ◽  
Technological Transition ◽  
Structural Shifts

The processes of a green economy development, changes in approaches to the production and use of energy, the emergence of new sources of investment in the technological transition - all this is a consequence and, at the same time, the cause of structural shifts in the economies of advanced countries. In this light, the technological backwardness of the Russian economy, caused by a negative structural shift during the period of market reforms, impedes the transition to a green economy, rationalization of the use of natural resources and reduction of environmental pollution. Therefore, the development of theoretical provisions for the convergence of environmental and economic policies, the development of appropriate incentives for business are considered as an important step in the transition to sustainable development. For this purpose, the authors examine the original approaches to various paths of transition to sustainable development caused by structural shifts of a convergent nature in the economy.

scholarly journals ADMINISTRATIVE AND TERRITORIAL PECULIARITIES OF TRANSITION OF THE TOWNS OF THE CARPATHIAN REGION TO THE PATH OF SUSTAINABLE

2019 ◽  
pp. 30-35
Author(s):  
Н. Mashika
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Strategic Management ◽  
Private Property ◽  
Social Economic ◽  
The State ◽  
The Sustainable Development ◽  
Carpathian Region ◽  
Standards Of Living ◽  
Security Guarantees

In the article, it has been examined the peculiarities of the transition of the towns of the Carpathian region to sustainable development. It has been established that today the global level has a significant impact on the socio-economic situation of Ukraine and the Carpathian region in particular. It has also been found out that according to the Constitution of Ukraine, our state is defined as “social”, which imposes certain obligations on it regarding strategic priorities of socio-economic development. However, sustainable development, which has three components, such as social, economic and ecological, is becoming of great relevance. It has been proved that social, economic and ecological components are the basis of economic potential both of the Carpathian region as the whole and of the towns that are part of the regions of this area. The main definitions of strategic management of sustainable development have been analysed. The features of strategic and operational management of sustainable development have been emphasized, and the main principles of strategic management of sustainable development have been described. This article describes the ratio of goals and means of economic development in the long-term run, which has been determined by the President of Ukraine. The analysis of indicators of the sustainable development of the Carpathian region has been carried out. The regulatory legal documents of the strategic management of the sustainable development of Ukraine and its regions have been clarified, and problems of the strategic management of sustainable development have been identified. It has been revealed that among the strategic regulatory legal acts the highest priority in terms of the sustainable development, in particular of the Carpathian region, belongs to the Strategy of the Sustainable Development “Ukraine-2020”, which was approved by the Decree of the President of Ukraine No. 5/2015 dated January 12, 2015. The purpose of the Strategy is to introduce European standards of living in Ukraine, and the emergence of Ukraine into leading positions in the world. For this purpose, the movement forward will be conducted according to the following vectors. The first one is the vector of development, which means the provision of the sustainable development of the state, the implementation of structural reforms and, consequently, the improvement of standards of living. Ukraine should become the kind of state with a strong economy and advanced innovations. The next vector is the vector of security, which means providing security guarantees for the state, business and citizens, and protecting investments and private property. The vector of responsibility is to ensure guarantees that every citizen, regardless their race, skin colour, political, religious or other beliefs, gender, ethnic or social origin, property status, place of living, language or other characteristics, should have access to high-quality education, the system of health care and other services in the public and private sectors. The last one is the vector of pride, which is to ensure mutual respect and tolerance in society, the pride of its own state, its history, culture, science, and sport.

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