The Capitalist Way of the Russian Economy: Institutional Approach

Author(s):  
В. Осипов ◽  
V. Osipov

Based on the methodology of the South Korean scientist Un The Pack, it is shown that it is possible to assess the quality of the institutional environment in Russia for doing business, and also describes the quality of public administration at the present stage. Specific examples show how decisions of public authorities can have a negative impact on business activity.

Babel ◽  
2015 ◽  
Vol 61 (2) ◽  
pp. 283-303 ◽  
Author(s):  
Lily Lim ◽  
Kwok Ying Loi

Slogans play an important role in conveying information to targeted audiences, and the translation of slogans tends to be studied under the rubric of public-notice translation. Previous research mainly uses researchers’ expertise to evaluate the quality of this type of translation. Yet, little is known about what the targeted readers think about the translation, although their opinions present key information that helps to determine whether the translation has achieved the intended effect. This paper elicits and systematically analyzes readers’ responses. We investigate the case of Macao, a rapidly growing economy where the demand for English translation has markedly increased in recent decades. Public administration bodies in Macao have commissioned Chinese-to-English translation in varied areas such as tourism, social security and welfare, cultural and sports events. We sampled ten translated slogans that were used in the public sector, and administered survey questionnaires (n=130) to both source-text and target-text readers. The two groups of readers’ evaluations, based on the criteria of fluency, conciseness, persuasiveness and mnemonic effect, reveal that the translations are perceived significantly less favorably than the originals are. Readers most strongly disliked word-for-word translations, and pointed out numerous problems with the translations such as ungrammaticality, inappropriate word use, lack of appeal, and unintelligibility due to insufficient background knowledge. This research demonstrates the tangible value of using readers’ responses to evaluate translation quality. It also has implications for translator training, and recommends that public authorities should institute a rigorous quality assurance system.


Author(s):  
Marek Litzman ◽  
Luděk Kouba

The quality of the institutional environment is considered a crucial determinant of economic growth. Low quality of the formal institutional environment can slow down economic development via various mechanisms described in the literature. The present paper will analyse formal institutional factors leading to the structure of employment that Murphy, Shleifer and Vishny (The Quarterly Journal of Economics, 1991) found to be associated with lower rate of economic growth. They assumed that a high proportion of lawyers in the country may be associated with slower economic development. Thus, the aim of the paper is to examine some of the parameters of institutional environment that can lead to such a distribution. Results show that quality of law measured by the World Bank (Doing Business database) and the Corruption Perception Index obtained from Transparency International may have some explanatory abilities regarding the structure of employment.


Author(s):  
Iaroslav M. Lashchuk

The relevance of the study is that effective public administration constitutes one of the most important factors in the progressive development of the modern state. An important condition for the productive functioning of public authorities is public administration, which acts as a holistic scientific system of organisation of activities. Assessing the effectiveness of public administration decisions is necessary for both public authorities and society. It helps civil servants to control and improve the management process, and helps the society to assess the quality of public institutions. The lack of objective generally accepted indicators for assessing socio-economic processes, the work of bodies and institutions is one of the main problems that hinder the efficiency of the state mechanism. At present, there are no well-established approaches to assessing the effectiveness of public administration decisions. The solution to this problem is a more detailed study of scientific knowledge regarding the system and mechanisms of evaluation. The purpose of the study is to analyse the main modern approaches and mechanisms for evaluating the effectiveness of public administration decisions. The concept of performance evaluation as a complex process is currently the most prevalent and used by modern scientists. Ensuring efficiency is a difficult task for public administration. The diversity of the system requires the use of rational approaches and the creation of differentiated evaluation criteria. The components of the evaluation system in the context of globalisation affect the effectiveness and efficiency and require continuous improvement. The use of special tools and technologies provide flexibility of government decisions and internal integrity, leading to rapid change in the state. mainstreaming of the efficiency improvement and quality of evaluation of public administration decisions directly affects the socio-economic development of the state and improvement of the welfare of the population. The use of evaluation results allows to identify existing problems in a timely manner, to find ways to solve them, improving management by improving the efficiency of public administration at all stages. The practical significance lies in the use of research results in the activities of individual public administration bodies, which will allow to modernise the effectiveness of evaluation of public administration decisions and the management system in general


2019 ◽  
Vol 8 (6) ◽  
Author(s):  
Sergey D. Mokichev ◽  
Lilia F. Zulfakarova ◽  
Tina M. Vakhitova

There is an active development and use of the principles and research tools of the institutional approach in modern economic science. It allows establishing the relationships that exist between the economic, political and social elements of the system, expanding the boundaries of economic life. The institutional environment determines the goals, functions and dynamics of interaction in property relations. Thus, it appears the effectiveness of functioning of its various forms, which will depend on the institutional structure of management as a system of norms and rules that determine the configuration of property rights, together with coercive instruments. The article considers the approach from the theory of constructivism, which describes the structural features of property relations, taking as a basis the system of network coordination of relations. Formation of a network structure and a new, non-hierarchical way of coordinating ties reflects new economic realities associated with the strong interdependence of property subjects. Formation of a knowledge economy, development of globalization, integration of property subjects have led to the accelerated development of innovations, to a new quality of property relations. Innovations are supported by a huge agglomeration of social, innovative, intellectual and financial capital, which forms the emergence of “innovations in innovations” and determines the relevance of studying the system of network coordination of relations.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrea Lanfranchi ◽  
Pedro Lucas de Resende Melo ◽  
Felipe Mendes Borini ◽  
Renato Telles

PurposeIn this study, the authors identify how formal institutional environments in destination countries matter to franchise chains as they internationalize. The institutional environment of the destination countries of franchise chains is characterized according to three institutional dimensions necessary to attract international investment – public governance, ease of doing business and legal processes – and analyzed in the context of regional and global franchise expansion.Design/methodology/approachThe descriptive quantitative study involved 625 franchise chains from Australia, Brazil, Germany, India, Russia, South Africa and the United States, with a total of 2,939 observations.FindingsResults suggest that franchise chains from emerging markets are guided by the institutional conditions of ease of doing business and the quality of legal processes in global expansion and guided by ease of doing business, quality of legal processes and governance in regional expansion. On the other hand, franchise chains from developed markets are guided by the ease of doing business, quality of legal processes and governance in global expansion and governance and ease of doing business in regional expansion.Research limitations/implicationsThe sample included only franchise chains associated with organizations that represent franchises in their countries of origin, and the study does not analyze the effect of institutional distance between countries of origin and destination.Originality/valueThis study identifies the formal institutional characteristics that explain selection and commitment in international markets by franchise chains from different countries. The contribution is in analyzing the phenomenon through the lens of institutional theory and showing, through a global sample, that institutions matter to franchise chains from different types of countries (developed and emerging) and with different strategies for internationalization (global and regional).


2019 ◽  
pp. 30-39
Author(s):  
S.V. Kozlova ◽  
O.M. Gribanova

This article analyzes the goals, principles and institutional environment of the state Treasury, as well as the mechanisms of its management. We consider the Treasury management system as a subsystem of state property management in General due to the fact that the Treasury is a part of state property. At the same time, we proceed from the fact that the Treasury has its own characteristics — in goal setting, in accounting, in the end — and in the principles of management. At the same time, we will approach the management process based on the General principles of the theory of management of a complex system and based on common approaches to improving the quality of management. The findings of the study can be used not only for the management of the Treasury, but also for the management of state property in General.


Author(s):  
D. A. Sitkevich

This paper analyzes the reasons why hybrid organizations appear in some traditional communities, but not in others. For this purpose, a field study was conducted in three villages in Dagestan, where there is different dynamic of cooperation between local entrepreneurs. The interviews show that the main factors in the development of hybrid organization are the presence of closed social capital, informal regulators within the community, the presence of demand for community products in foreign markets, and the ability of local entrepreneurs to borrow know-how from outside the community. In addition, the following barriers to the development of hybrids were identified: low quality of the institutional environment, differences in the approach to doing business among community residents, and rural depopulation.


2010 ◽  
Vol 17 (1) ◽  
pp. 5-22 ◽  
Author(s):  
Axel Stein

Territorial cohesion can be traced back to the making of the European Spatial Development Perspective. Therefore, the experience gained with the application of this ‘mother document’ (Faludi in Krupa et al., 2008, p. 14) of integrative planning in Europe can contribute to the specification of territorial cohesion. This paper draws on experience from the Interreg IIIC project ProgreSDEC, covering local and regional authorities from Greece, Italy, and Spain cooperating with each other in interregional and transnational projects. It looks both at the vertical and horizontal dimensions of European integration and explains three aspects of territorial cohesion. Talking about growing awareness, it should be differentiated between awareness relating to European issues – such as the European territorial and institutional environment – to the quality of planning, and to the endogenous ‘territorial capital’. Key terms of European integrative planning are interpreted differently. The paper discusses the reading of ‘polycentricity’, ‘landscape’, and ‘governance’, in particular. Territorial governance can be looked at as an institutional approach to develop integrative planning in the context of territorial cohesion. This notably turns the attention to regions as the focus of integration, in terms of balancing sectoral approaches, bundling spacious networks, and handling the demands from different levels.


2016 ◽  
pp. 129-143 ◽  
Author(s):  
V. Gimpelson

Positive impact of human capital on economic growth seems to be undisputable but its magnitude depends on to what extent high quality education and skills are demanded and valued by the labour market. This essay argues that the lack of demand for human capital cannot be cured by growing supply if other things remain intact. The author formulates 10 doubts concerning human capital absorption in the Russian economy. These doubts, supported by statistical and anecdotal evidence, relate to low quality of the Russian institutional environment which limits demand for labour and distorts its structure.


2019 ◽  
Vol 16 (6) ◽  
pp. 26-37
Author(s):  
A. A. Nikonova

The article is devoted to the study of factors that inhibit the creation of knowledge and technologies, as well as usage and diffusion in the Russian economy and that pose the threats to the technological development of the country. The study is based on the system economic theory methodology, which involve system analysis methods studying the economy and society as an integrated socio-economic system in its unity and mutual dependence of key subsystems. This approach is aimed to receive evaluation reflecting the real static and dynamic picture of all sectors that contribute to the creation of innovation: production, monetary systems, institutional environment, science, education and society. The risk zones are depicted in the diagram of the strategic planning and governance inherent Russian practice. From a systemic point of view, the conclusions are that the objective system evaluation should be in the basis of the strategy. Inadequate quality of planning, ignoring system linkages and interactions in decision-making, use of incorrect data as well as other defective governance actions pose a significant threat to the development of the Russian Federation. The directions for further research in order to reduce the risks of technological development strategy are proposed in the paper. The proposals concern improvement in both evaluation methods and the metrics of the socio-economic system characteristics, which can give the truth picture of the system, and the concept of strategizing changes in non-stationary economy.The author declare no conflict of interest.


Sign in / Sign up

Export Citation Format

Share Document