Russian import substitution will struggle

2015 ◽  
Keyword(s):  
Import Substitution ◽  
Supply Side ◽  
State Control ◽  
State Monitoring ◽  
Russian Government ◽  
Policy Objective ◽  
Content Type ◽  
Russian Economy ◽  
The Face ◽  
Key Policy

Subject Russia import substitution. Significance The Kremlin proclaimed last year that replacing imports with domestic production was to be a key policy objective in the face of Western sanctions. However, the newly-created Russian government Commission on Import-Substitution held its first meeting only on August 11. Just how the commission will promote import-substitution remains unclear but the risk of a significant increase in state micro-management of industry is elevated. Impacts Import-substitution provides, in principle, a supply-side boost to the Russian economy. It reduces competition for established Russian firms when potential new Russian businesses face barriers to market entry. Incentives for efficiency will be reduced. Implementation of import-substitution policies requires increased state monitoring and micro-intervention. In a hyper-patriotically charged political atmosphere, ideas for a radical increase in state control of the economy may gain more traction.

Technology import substitution fits wider Russian aims

2018 ◽  
Keyword(s):  
Oil And Gas ◽  
Local Development ◽  
Import Substitution ◽  
The United States ◽  
Fiscal Discipline ◽  
Russian Government ◽  
Spare Capacity ◽  
Content Type ◽  
Advanced Economies ◽  
Food Imports

Subject Russian import substitution for machinery and equipment. Significance In response to sectoral sanctions imposed by the United States and EU since 2014, the Russian government has pursued an economy-wide import substitution programme to encourage local development and production of technologies. The policy will be sustained because no end to Western sanctions is in sight, and it fits the government's broader aim of encouraging competitive hi-tech industries and -- for political as well as economic reasons -- making Russia less dependent on more advanced economies as well as on its own oil and gas sector. Impacts The government's commitment to fiscal discipline will restrict funding to projects with verifiable future payback. Spare capacity in the hi-tech defence sector will be turned towards non-military production, probably beyond 2020. Import substitution necessitated by Russia's 2014 ban on certain food imports have spurred crop diversification and growth in farming.

scholarly journals A comment on the multifaceted relationship between multinational enterprises and within-country inequality

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rajneesh Narula ◽  
Khadija van der Straaten
Keyword(s):  
Multinational Enterprises ◽  
Design Methodology ◽  
Future Research ◽  
Policy Objective ◽  
Content Type ◽  
Negative Effect ◽  
Key Issues ◽  
Key Policy ◽  
Nuanced Understanding ◽  
Indirect Action

Purpose Whether by direct or indirect action (or by inaction), multinational enterprises (MNEs) can have both a positive and a negative effect on within-country social and economic inequality. This paper aims to comment on this multifaceted relationship between MNEs and within-country inequality. Design/methodology/approach Given the absence of either robust theory or evidence in the neglected realm of MNEs and within-countries inequalities, this paper offers some general observations, highlights some of the key issues and illustrates possible avenues for future research studies. Findings The capacity of MNEs to upgrade economic activity in the host country is a key policy objective. MNEs have arguably contributed to reducing income inequalities between countries. However, the limited evidence available suggests that the gains of FDI are rarely evenly distributed within recipient countries, and many of the underlying dynamics need further investigation. Social implications The authors broaden the engagement with inequality beyond income levels, as this is just one aspect of inequality that shapes or impedes human development. They believe it is necessary – for both MNEs and policymakers – to have a more nuanced understanding of how, and under what circumstances, the presence of MNEs affects inequality in host economies. Originality/value This paper relates the large literature on inequality (going beyond the mainstream focus on income inequality) to the mainstream understanding of MNE-assisted development.

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.

The morphing assessment terrain for English learners in US schools

2017 ◽  
Vol 16 (1) ◽  
pp. 110-126
Author(s):  
Mary Hutchinson ◽  
Xenia Hadjioannou
Keyword(s):  
No Child Left Behind ◽  
Language Proficiency ◽  
English Learners ◽  
English Language ◽  
Proficiency Tests ◽  
Content Type ◽  
State Tests ◽  
The Usa ◽  
Key Policy ◽  
Every Student Succeeds Act

Purpose The purpose of this paper is to provide an overview of the public policy reshaping the assessment terrain for English learners (ELs) across the USA and to consider the implications and impact of these practices on sustaining and supporting a diverse student population in today’s schools. Design/methodology/approach The authors review the literature and publicly available policy documents to trace key policy trends over the past 15 years that have shaped the current educational landscape and assessment practices for ELs in the USA. Findings In the USA, the 2015 Common Core State Standards (CCSSs) assessments generated worrisome results for ELs, as significant numbers had failing scores in English language arts and math. These results are juxtaposed to public policies that impact the educational experience of ELs, including No Child Left Behind and the CCSS, and which, despite their stated intentions to ameliorate the achievement gap, are found to be assimilationist in nature. Indeed, a review of the initiatives of developing common EL standards and English language proficiency tests and the recommendations for EL accommodations in state tests suggests several areas of concern. The recently passed Every Student Succeeds Act focuses on this vulnerable population, but there are concerns that the continued focus on accountability and testing will do little to facilitate academic progress for these students. Practical implications The paper recommends a need to reevaluate the support and testing process for ELs to stem widespread failure and ascertain the sustenance of democratic and diversified schools. Originality/value The study provides an overview of key policy trends, outlines and critiques recent changes in the assessment of ELs and draws implications for practice.

Associated change in plantar temperature and sweating after transthoracic endoscopic T2–3 sympathectomy for palmar hyperhidrosis

2001 ◽  
Vol 95 (1) ◽  
pp. 58-63 ◽  
Author(s):  
Han-Jung Chen ◽  
Cheng-Loong Liang ◽  
Kang Lu
Keyword(s):  
Skin Temperature ◽  
Temperature Change ◽  
The Body ◽  
Palmar Hyperhidrosis ◽  
Compensatory Sweating ◽  
Content Type ◽  
Postoperative Changes ◽  
The Face ◽  
The Difference ◽  
Fine Print

Object. Transthoracic endoscopic T2–3 sympathectomy is currently the treatment of choice for palmar hyperhidrosis. Compensatory sweating of the face, trunk, thigh, and sole of the foot was found in more than 50% of patients who underwent this procedure. The authors conducted this study to investigate the associated intraoperative changes in plantar skin temperature and postoperative plantar sweating. Methods. One hundred patients with palmar hyperhidrosis underwent bilateral transthoracic endoscopic T2–3 sympathectomy. There were 60 female and 40 male patients who ranged in age from 13 to 40 years (mean age 21.6 years). Characteristics studied included changes in palmar and plantar skin temperature measured intraoperatively, as well as pre- and postoperative changes in plantar sweating and sympathetic skin responses (SSRs). In 59 patients (59%) elevation of plantar temperature was demonstrated at the end of the surgical procedure. In this group, plantar sweating was found to be exacerbated in three patients (5%); plantar sweating was improved in 52 patients (88.1%); and no change was demonstrated in four patients (6.8%). In the other group of patients in whom no temperature change occurred, increased plantar sweating was demonstrated in three patients (7.3%); plantar sweating was improved in 20 patients (48.8%); and no change was shown in 18 patients (43.9%). The difference between temperature and sweating change was significant (p = 0.001). Compared with the presympathectomy rate, the rate of absent SSR also significantly increased after sympathectomy: from 20 to 76% after electrical stimulation and 36 to 64% after deep inspiration stimulation, respectively (p < 0.05). Conclusions. In contrast to compensatory sweating in other parts of the body after T2–3 sympathetomy, improvement in plantar sweating was shown in 72% and worsened symptoms in 6% of patients. The intraoperative plantar skin temperature change and perioperative SSR demonstrated a correlation between these changes.

More tax on asset gains is likelier than a wealth tax

2021 ◽  
Keyword(s):  
Asset Prices ◽  
Content Type ◽  
Developed Economies ◽  
Support Measures ◽  
Investment Income ◽  
The Future ◽  
The Face ◽  
Fiscal Support ◽  
Wealth Tax

Significance Developed economies have implemented fiscal support measures worth over 16% of their GDP to combat the pandemic's impacts. To pay off the resulting debt and to ensure sufficient revenue in the face of a fragile and uneven recovery, new taxes and higher rates are being considered. Impacts Levying a wealth tax on productive firms risks starving them of capital for the future. If levied too high or too long, people would sell assets to pay, depressing asset prices, reducing investment and prompting outflows. Criticisms of wealth taxes mean that a one-off surcharge on investment income above a certain threshold would be easier and more popular.

Entry barriers could easily thwart China’s tech plans

2021 ◽  
Keyword(s):  
Artificial Intelligence ◽  
Quantum Computing ◽  
Import Substitution ◽  
Entry Barriers ◽  
The West ◽  
Content Type ◽  
Technological Competition ◽  
Efficiency And Productivity

Significance These are: artificial intelligence, semiconductors, quantum computing, genetics, biotechnology, neuroscience and aerospace. Impacts It is not always useful to view technological competition between China and the West as a ‘race’. China will likely burn significant capital just to achieve parity with advanced countries, and may never achieve it. Low margins will encourage protectionism and import substitution, with an impact on efficiency and productivity.

Organizing worn-out neighborhoods with the new-urbanism approach using mixed methods in Rudsar, northern Iran

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Reza Askarizad ◽  
Akram Dadashpour ◽  
Javad Faghirnavaz ◽  
Jinliao He ◽  
Hossein Safari
Keyword(s):  
Mixed Methods ◽  
Spatial Configuration ◽  
New Urbanism ◽  
Northern Iran ◽  
Content Type ◽  
Expert Choice ◽  
Traditional Structure ◽  
Building Information ◽  
The Face ◽  
Hierarchy Process

PurposeThe vulnerability of worn-out textures in the face of natural disasters is one of the most significant challenges that have forced planners and urban managers to intervene in these structures. In this context, the new-urbanism, or the new urbanization, movement is one of the most novel approaches. This paper aims to organizing one of the worn-out neighborhoods in Rudsar, northern Iran with an approach toward the new urbanism.Design/methodology/approachThe procedure adopted in this research is a combination of both quantitative and qualitative practices with an applied approach. Therefore, through utilizing the analytical hierarchy process (AHP) and space syntax methods, the principles of the new urbanism are examined using the Expert Choice and Depthmap software. Subsequently, the appropriate priorities are mentioned for organizing the neighborhood with the new-urbanism approach using the building information system (BIM) and strengths, weaknesses, opportunities and threats (SWOT) techniques.FindingsThe findings of this study indicate that among the main characteristics of the new urbanism, walkability is recognized as the most important factor. Afterward, the components of maintaining the traditional structure of neighborhoods and connectivity were in the second and third ranks, respectively, of importance. Accordingly, by identifying the societal potential of roads according to their spatial configuration, it is possible to boost walkability, as well as economic prosperity in these areas.Originality/valueThe combination and correlation of the four utilized methods in this research can be adopted in the future studies as a new outlook of the mixed methods in the field of urban studies.

Prospects for the global economy in 2022

2021 ◽  
Keyword(s):  
Labour Market ◽  
Global Economy ◽  
Energy Transport ◽  
Government Intervention ◽  
Supply Side ◽  
Content Type

Significance Services and investment should recover this year but all regions are vulnerable to disruptions. Many supply-side strains will persist, as will the energy, transport and labour market dislocations, which will create shortages, volatile prices and pressure for government intervention.

The future of the printed book in the era of technological advancement: an imperative for digital innovation and engagement

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rhoydah Nyambane
Keyword(s):  
New Technologies ◽  
The Body ◽  
Theory And Practice ◽  
Primary Data ◽  
The Internet ◽  
Young Generation ◽  
Technological Advancement ◽  
Content Type ◽  
The Face ◽  
Book Publishers

Purpose The purpose of this paper is to establish the place of the printed book in the era of technological advancement with the assumption that the print media is facing imminent death in the face of readily available and convenient online information. Also the paper aims to assess how the development of new technologies have affected the production, circulation and readership of the printed book, especially among the young generation. Design/methodology/approach Explanatory study was used with closed-ended approach to collect data from 50 students of the Technical University of Kenya and 5 key informant interviews with selected book publishers in Nairobi. The uses and gratification theory was used to explore the knowledge-seeking behavior among the respondents. Findings Findings showed that more than 80% of the respondents preferred the internet to the printed book, which, according to them, has no future in the face of technological advancement. Book publishers, on the other hand, felt that the printed book has a bright future among specific audiences who are committed to it, and especially those in the rural areas who have no access to the internet. While they agreed that the internet has posed a major challenge to the sales and readership of the printed book significantly, it is helping in marketing the printed book as opposed to killing it. New bookshops in Nairobi and modern libraries in high schools, tertiary institutions and universities demonstrate that the printed book is not dying soon. Research limitations/implications The researcher experienced challenges in data collection as the respondents were busy preparing for final examinations and hence many of them were not willing to spare time to fill the questionnaire. To solve this, the researcher had to spend more time to collect data as opposed to if the students were free and ready to participate in the study without any pressure. Practical implications The findings can be used as a basis for further research to widen the scope that can help bring a wider perspective to the topic. The results can also inform policy guidelines on the topic and also contribute to the body of knowledge. Social implications The topic touches on social phenomena that are affecting a number of young people and their information-seeking habits in the era of digital revolution. The way the young generation seek and use information should be of interest not only to academic staff but also to policymakers. Originality/value The paper is original based on primary data that was collected by the researcher from the respondents. It is backed by secondary data to bridge the gap between theory and practice.

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