The role of self-regulatory organisations (SROs) in developing effective securities markets in Commonwealth of Independent States (CIS) countries

2002 ◽  
Vol 4 (2) ◽  
pp. 162-166
Author(s):  
Manon Aliev ◽  
Dmitry Surmilo
Author(s):  
Irina E. Khanova ◽  

The article reviews the last (December 4, 2020) meeting of the Forum of principals of the humanities universities and deans of the humanities faculties of member states of the Commonwealth of Independent States, which coincided with the thirtieth anniversary of the Commonwealth. The main source is the shorthand report of the Forum online meeting. By pointing out that the Forum was attended by representatives of seven member coun- tries of the Commonwealth of Independent States (Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, Belarus, Moldova and Armenia), the author reports that the plenary panels of the Forum discussed new forms of cooperation in the pandemic, the issues of using digital technology in the humanities education and the development of distance learning methods. Stating that the coronavi- rus pandemic that broke out on the cusp of the years 2019 and 2020 was the greatest challenge to the world education and science, forum participants could not but discuss the mental state of students, teachers and researchers who have continued to perform their duties under the force majeure conditions. The participants of the Forum made a point of the ever-increasing role of modern media, which act nowadays as specific tool for building a common scientific and educational space in the post-Soviet region.


2020 ◽  
Vol 10 (5) ◽  
pp. 43-49
Author(s):  
MARINA MARKHGEYM ◽  
◽  
ANNA BEZUGLAYA

The article presents the author’s analysis of constitutional texts, regulations and analytical materials of the countries of the Commonwealth of Independent States in order to consolidate in them the consolidated powers of the chambers of parliaments associated with the implementation of food security. Analysis of legal acts of the studied group of states showed that the sphere of food security (as part of the agrarian and food sphere/function) is one of the eventual spheres of interaction between the chambers of parliament. In the course of the study, two approaches of states to the formalization of provisions related to food security in constitutional texts were identified. The first approach is to consolidate norms that indirectly affect the field of food security (Belarus, Kazakhstan, Russia); the second - in the absence of such provisions (Tajikistan and Uzbekistan). It has been established that the interaction of the chambers of parliaments in the field of food security is implemented through the adoption of laws, as well as through various parliamentary events (parliamentary hearings, round tables, seminars, meetings, etc.). It is concluded that the available options for interaction between the chambers of parliaments of states in the field of food security reflect their independent approaches, which are developed on the basis of legal doctrine and practice.


Author(s):  
Sheila M. Puffer ◽  
Daniel J. McCarthy

This chapter provides an overview of the history of the Union of Soviet Socialist Republics, from the time of its creation as a result of the 1917 Russian Revolution, to its dissolution in 1991. The major emphasis is on economic conditions, with political and social conditions as background. The chapter then discusses The Commonwealth of Independent States, the alliance that included most of the 15 former Soviet republics that became independent countries. Developments in Russia, the largest both geographically and demographically, as well as the most powerful of the CIS countries, are the major focus from 1991 to 2017.


Author(s):  
Alam I. Asadov

This chapter investigates the relationship between financial literacy, financial sector development, and Ponzi schemes in the commonwealth of independent states (CIS) countries. It begins with an overview of the early cases of Ponzi schemes in the CIS countries by examining circumstances which formed fertile ground for the schemes to develop during initial years of independence. The study then scrutinised the situation in the member states during the later years which revealed no improvements. A closer examination of the problem discovered that the main triggers are low level of financial literacy and scarce investment alternatives. The chapter suggests that unless the level of financial literacy is raised and the financial sector is developed, Ponzi schemes will continue to thrive in the region. It concludes by providing some policy recommendations to enhance financial literacy and financial sector development, as well as necessary steps to improve financial regulations.


2007 ◽  
Vol 6 (1-2) ◽  
pp. 136-157 ◽  
Author(s):  
Oxana Gaman-Golutvina

AbstractThis paper deals with the process of elite recruitment in the Commonwealth of Independent States (CIS). The analysis of CIS countries' experiences allows a correlation to be drawn between the model of elite organization and the political and economic policies they pursue. As a rule, based on the mold of traditionalist (patron-client) relations, elites act as the agents of de-modernization and re-traditionalization. Organized on the principles of rational bureaucracy, elites are able to ensure modernization. Looking at the evolution of the CIS countries from this angle, the author investigates three groups of states. Two of these represent an almost 'ideal type' or 'clean' example of implementing the reference model. Byelorussia, at one end of the spectrum, is an example of a bureaucratically run state. On the other side of this spectrum are the countries of post-Soviet Central Asia, Azerbaijan, and Georgia, which embody the model of the clannish elite. The third group of countries are those states maintaining an in-between position within the proposed line of analysis, or those post-Soviet polities marked by a complicated plexus and sometimes also by an acute struggle between different models (Russia, Ukraine, Armenia, and Moldova).


Author(s):  
Naim Ata Atabey ◽  
Halenur Yılmaz ◽  
Merve Öztürk

The founding members of The Organization for Economic Co-operation and Development (OECD) consist of mostly the European countries. The organization which is regional in nature and more focused on Europe has global aims like contributing to developments of world trade and economic development of members and other countries in the process of economic development. Corporate Governance Principles published for the first time in 1999 by OECD that can be adapted by each country according to their circumstances, provide guidance to countries in order to achieve the objectives. Corporate Governance Principles mainly focus on the responsibility, fairness, transparency and accountability. Gaining their independence after the dissolution of Soviet Union, the countries established Commonwealth of Independent States. They began to build their economic structures and make their presence felt in the world economy. Some developments like establishment of capital market can be seen as the best example of that effect. For all countries including Eurasia, adapting to the new institutional arrangements for businesses has become more important to continue their existence. Moreover, such integration between the CIS and world countries will contribute positively to developments of economic and cultural relationships. In this respect, enterprises in CIS countries are expected to shape their organizational structure according to international rules and standards. In this paper, the emerging developments of CIS countries due to being member to OECD and their compliance with Corporate Governance Principles, their possible problems and Corporate Governance Principles which is seen as common ground between CIS and world countries are evaluated.


Upravlenie ◽  
2020 ◽  
Vol 7 (4) ◽  
pp. 67-75
Author(s):  
V. V. Narbut

The results of the analysis of Russia’s role in the world system of remittances for the period from 2010 to 2018 have been presented in the article. The volumes of cash outflow from Russia and their inflow to Russia have been determined. The features of cross-border cash flows with the Commonwealth of Independent States countries and foreign countries have been revealed, which consist in the fact, that Russia is characterized by an extremely high volume and rate of outflow of funds in the form of cross-border transfers, along with a low volume of their inflow. It has been established, that the exchange of funds with the Commonwealth of Independent States countries and with foreign countries are independent flows with their own characteristics.The main foreign and CIS countries – Russia’s partners in cross-border money transfers-have been defined. The growth dynamics and the target structure of remittances have been assessed. It has been revealed, that cross-border remittances from Russia are characterized by seasonality: a steadily recurring growth of remittances in the fourth quarter and a decrease in the first quarter of each year. The results of the forecast of the volume of remittances of individuals for 2019 have been presented. In accordance with the forecast, the growth of remittances from the Russian Federation will continue in 2019. According to the forecast, 21,755 million dollars USA will be transferred abroad in the second half of 2019. In general, in 2019, the volume of money transfers abroad will be less than the volume of 2018 and will amount to 42,804 million dollars USA. In the first half of 2020, 17,635 million dollars USA is expected to be transferred abroad.


Sign in / Sign up

Export Citation Format

Share Document