scholarly journals Adjusting Tax Policy to the Challenges of Digitalization, Inequality and Technological Unemployment

Author(s):  
Azamat B. Berberov ◽  
Nikolai S. Milogolov

The article is devoted to the problem of tax systems’ transformation in the era of digital economic development. The authors highlight the problem of technological unemployment and growing income inequality as the article’s primary concern, which they explain using a gap in workers’ professionalism and qualifications. The authors highlight various possible consequences for the tax systems of developed and developing countries. Based on this analysis, the authors also consider the prospects for multilateral cooperation as an instrument of economic policy that aims to slow the rate of technological unemployment and the growth of inequality (both between and within countries). Having studied developed and developing countries’ economic interests, in their concluding arguments, the authors suggest that a cooperation scenario is currently unlikely, which places the poorest countries’ tax systems in an extremely vulnerable position. The final part of this article explores the Russian tax system’s adaptation to digital economic challenges. This article was prepared as part of research by state assignment at the Russian Academy of National Economy and Public Administration

2020 ◽  
Author(s):  
Gohar Ghambaryan

The monograph touches upon the theoretical substantiations of economic development, regional economic policy and the interpretation of generalizations of historical experience, as well as the clarification of the possibilities of their practical application in the process of regional development of the Republic of Armenia. The issues of the RA economic development are discussed in the work, solutions are proposed. The monograph is addressed to the public administration workers, students of the departments of socio-economic geography and economics, specialists who make researches related to the economic development issues of the Republic of Armenia, as well as wide range of readers. (in Armenian)


2020 ◽  
Vol 8 (5) ◽  
pp. 13-21
Author(s):  
Leonid Taraniuk ◽  
Oksana Zamora ◽  
Oleksii Demikhov

Goal. The purpose of the research is to conduct a comparative study of the work of the Central Bank of the world with their governments in the context of forming a mechanism for synergistic interaction of its economic policy instruments to improve the level of economic development. Topicality. The actualization of this study is the need to establish effective formal and informal links between the central bank as a system-forming financial institution that shapes the monetary policy of the state and the government as a governing body that creates a virgin economic policy. There is a need for a systematic comparative analysis of the experience of developed and developing countries in order to form an effective tool for economic policy of the central bank with its government and make effective management decisions aimed at improving the level of economic development. Results. The system of relations between the central bank of developed and developing countries and their governments is described. Factors of positive and negative influence on the formation of economic policy tools of the central bank of the countries and their governments are revealed. Formal and informal links have been analyzed between the world country’s central bank and its government in the process of implementing the central bank’s economic policy. The mechanism of synergetic interaction of the tools of economic policy of the central bank of the countries with their governments is improved, which contains indicative indicators of the interactions of the central bank, ministries, government of the countries for the purpose of making effective management decisions. The necessity of systematic work of all stakeholders (central bank, government, other stakeholders) in the process of forming economic policy, the implementation of which can affect the level of economic development of the state, is substantiated. Conclusions. The comparative analysis with elements of benchmarking estimation is carried out The mechanism of relations of the central bank of the country with its government is improved. The role of this interaction of the country's central bank with its government and other stakeholders was assessed.


Author(s):  
M. Abuova ◽  

Corruption is a serious problem, and not only in developing countries. The fact is corruption interferes economic growth weakens the rule of law and undermines the rule of law institutions. Moreover, it has been studied nationally from the different perspectives of that issue. Recently, a growing number of studies on local corruption and, these recent studies have focused on the corruption and its impact on voters. The report will consider corruption in the system of public administration in the Republic of Kazakhstan and will be focused on the consequences of the corruption on the economy of the country


1987 ◽  
Vol 22 (3) ◽  
pp. 153-167
Author(s):  
Kimmo Kiljunen

The Nordic-SADCC cooperation initiative is potentially an innovative attempt to generate new forms of economic interaction between a well defined group of developed and developing countries. The partners concerned are internationally almost extreme cases as regards their level of socio-economic development. The extended cooperation framework between the two groups of countries is, however, well justified. Both groups are geographically concentrated and have a tradition of mutual development cooperation. Their policies as a whole have a similar emphasis on poverty alleviation and development as well as the consistent condemnation of the South African apartheid regime. Issues related to international politics rather than vested economic interests have offered the driving force in the emergence of this cooperation attempt. Never theless, the initiative is at this stage based on already existing measures and institutions and has not yet introduced qualitatively new patterns of mutual interaction.


Author(s):  
Laura Márquez-Ramos ◽  
Inmaculada Martínez-Zarzoso ◽  
Celestino Suárez-Burguet

This chapter tests empirically to what extent technological innovation influences international trade and studies its effect on different groups of countries according to their level of economic development. Different measures used in the literature to proxy for technological capabilities are reviewed and two of them are selected. The estimation results show that technological innovation has a considerably high explanatory power on trade compared with other traditional determinants. Countries tend to trade more when they have similar technological capabilities and the development of technological innovation has lowered the effect of geographical distance on trade. According to the obtained results, investing in technological innovation leads to the improvement and maintenance of the level of competitiveness, therefore a good economic policy in developing countries is to invest in technological innovation.


2019 ◽  
Vol 6 (53) ◽  
pp. 25-38
Author(s):  
Viktoriia Kremen ◽  
Inna Shkolnyk ◽  
Andrii Semenog ◽  
Olha Kremen

AbstractThis paper examines the mainstream theories of “financial sustainability” and “financial development”. It is suggested understanding “financial development” as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy factors and the financial market functioning. The paper provides the methodology of relationship between financial sustainability and socio-economic development of countries evaluation. Based on the matrix method, it is proved that the differences in developed and developing countries occur due to the relationship between financial sustainability and financial development.


Author(s):  
Kaisyn Khubiev ◽  
Turusbek Asanov ◽  
Marat Kudaikulov

The article considers factors and tendencies of world economic development, defining a new level of aggravation of struggle for resources and markets. They include: global socialization; concentration and centralization of capital; the struggle for a new economic and trade division of the world; countercyclicality and debt nature of the modern global economy. Is considered a new competitive space combat technological unemployment caused by modern technological revolutions. There is a big trend of the formation of a unipolar economic and trade space-based mega-projects and related threats. For the first time explores the manifestation of the "phenomenon of Trump" in economic policy.


Author(s):  
Atul Kohli

Scholars agree that states influence rates and patterns of economic development everywhere. Yet why are some states better at promoting economic development than others? It is argued in this chapter that a historical-institutional perspective is especially well suited to study the role and effectiveness of the states in economic development. Focusing on late-developing countries of Asia, Africa, and Latin America, the chapter highlight the deeper historical determinants of states’ economic policy choices, whether these are the legacies of colonialism (such as in Nigeria) or of the political and economic continuities (Latin America) and discontinuities (Asia) produced by decolonization.


Author(s):  
Laura Márquez-Ramos ◽  
Inmaculada Martínez-Zarzoso ◽  
Celestino Suárez-Burguet

This chapter tests empirically to what extent technological innovation influences international trade and studies its effect on different groups of countries according to their level of economic development. Different measures used in the literature to proxy for technological capabilities are reviewed and two of them are selected. The estimation results show that technological innovation has a considerably high explanatory power on trade compared with other traditional determinants. Countries tend to trade more when they have similar technological capabilities and the development of technological innovation has lowered the effect of geographical distance on trade. According to the obtained results, investing in technological innovation leads to the improvement and maintenance of the level of competitiveness, therefore a good economic policy in developing countries is to invest in technological innovation.


2016 ◽  
pp. 5-30 ◽  
Author(s):  
D. Medvedev

The paper deals with Russian economic development and economic policy in2015-2016. The analysis is focused on external and domestic challenges as well as on anti-crisis policy of the Russian government. Special attention is paid to key elements of a new model of economic growth in Russia. The paper discusses priorities of economic policy of sustainable growth including: budget efficiency, structural reforms and import substitution, stimulation of entrepreneurship, efficiency of public administration, modernization of welfare state.


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