scholarly journals THE NEED FOR IMPLEMENTATION OF A TIGHT MONETARY POLICY AS A CONDITION FOR ACHIEVING LONG-TERM ECONOMIC GOALS

Author(s):  
V.G. Kostenkova

The article discusses the causes and consequences of inflation. In countries with a high level of development, prices remain stable at zero rates of economic growth. The rate of inflation in the economy of modern Russia remains quite high. Only in the last two or three years, their value has decreased to 5-5.5 % per year. It is well known that stable prices create conditions for the growth of investment and, ultimately, for sustainable economic development. High inflation rates negatively affect the amount of consumption, the dynamics of production volumes, investments, which extremely negatively affect the development of the national economy. There are many interpretations of the causes and consequences of inflation. It is quite interesting to consider the inflation of the well-known Austrian economist, a supporter of classical liberalism L. von Mises. He is a consistent proponent of a tight monetary policy and gold standard. He argues that the state regularly tries to use monetary policy to achieve its own political and economic goals, which often do not correspond to the goals of its citizens. Therefore, inflation from the point of view of citizens of society is a direct violation of the social contract. The situation of inflation can be defined as a “betrayal of public trust.” Inflation as a form of economic policy cannot be recognized as effective, since the state can not expect to achieve any long-term socio-economic goals. Tight monetary policy makes it more likely to expect to obtain necessary results.

2021 ◽  
Vol 49 (3) ◽  
pp. 653-701
Author(s):  
Heiko Hausendorf ◽  
Kenan Hochuli ◽  
Johanna Jud ◽  
Alexandra Zoller

Abstract The present paper is concerned with the lecture hall as the natural home of lecturing. We will focus on constructed, designed and equipped space as a material and communicative manifestation of science which fundamentally contributes to the multimodal practice of lecturing. Taking an interactionist point of view, we start off with introducing our concept of architecture-for-interaction which aims at spatial built-in features as a resource for social interaction, namely for situational anchoring among those present. In a second step, we identify key architectural elements of the lecture hall as material sediments of communicative problems connected with the social practice of lecturing. In doing so, we will also give a high-level overview of the historical development of the lecture hall (and its precursors) since the Middle Ages and the Early Modern Age. Turning to current data from lecturing in times of the pandemic, we will then deal with so called „ghost lectures“ behind closed doors. This current development brings out a refiguration process due to which the lecture hall undergoes a change from the classical auditorium with copresent participants to a multi-media hub allowing for tele-present participants.


2020 ◽  
Vol 26 (10) ◽  
pp. 51-59
Author(s):  
S. Kononov ◽  

The article is devoted to the analysis of the problems of a social security modern discourse formation in the framework of a philosophical discussion of the transformation processes of the formation vector of the state security policy. The task of the article, according to the author, is to present the problem of security in conditions when it ceases to be understood, as a concept associated with the idea of preserving the integrity of a state or nation, and functions as a phenomenon with the broadest possible social parameters. Using the methodology of phenomenological, hermeneutic and comparative analysis, the new areas of security research, common difference of which is social and personal orientation are analyzed. The author pays attention to the features of the methodology of works reflecting the point of view of the modern state, works related to the development of a systematic approach to security, works based on an axiological approach and concludes that, despite the expansion of security interpretations, all these approaches retain a common ideological foundation. presupposing the need to preserve the leading role of the state in the field of social security, including the security of the individual and society and the state. All these approaches are based on the policy of responding to emerging threats to the Russian state and do not reflect the needs of a comprehensive strategic goal-setting covering the sphere of socio-economic development of the social system. This circumstance, according to the author, leads to the formation of a security strategy that exists only in the name of protecting the state and does not imply feedback between the state and the social institutions that the state is going to protect, which leads to the ineffectiveness of modern protection measures and the need to find new ways to justify the need for this protection, a new definition of its content and essence


2020 ◽  
Vol 18 (4) ◽  
pp. 97-120
Author(s):  
Szymon Kardaś

The purpose of the article is to analyze the current condition and development prospects for the Russian LNG sector. Taking into account the specifics of the functioning of the Russian state, the author chose the realistic paradigm (neoclassical realism), which is useful in the context of showing the relationship between internal structures and external activity of the state. The author argues that Russian expansion in the LNG sector is the result of the lobbying capacity of Novatek – the largest private gas producer in Russia. Although the state budget incurs significant costs related to the implementation of Novatek projects, in particular due to fiscal preferences, it also achieves the possibility of achieving the objectives in external and internal energy policy. Novatek’s expansion increases Russia’s share in external energy markets; at the same time LNG expansion, it is used for internal purposes. Novatek’s dominant position in the LNG sector is confirmed by both already implemented projects and plans for further expansion. The factors favoring Russian expansion are constant state support for Novatek projects, high level of internationalization of implemented projects and favorable forecasts on energy markets. The strong competition between currently dominant LNG producers and the risk of internal competition between Russian exporters are among the key long-term challenges.


2020 ◽  
Vol 10 (6) ◽  
pp. 154-158
Author(s):  
VLADIMIR KSENOFONTOV ◽  

The article reveals the social and philosophical views of M.A. Bakunin on the genesis, essence and evolution of the state. At the same time, attention is focused on his interpretation of state power, which is a lack of justice and freedom for the people. The philosopher, in substantiating his point of view, gives a detailed analysis of the philosophical conceptual provisions on the state. M.A. Bakunin, being an anarcho-revolutionary in his philosophical views, substantiates the limited point of view on the issue of the state and its social role, the positions of the representatives of German social democracy and the views of supporters of Marxist philosophy. The article reveals the socio-philosophical positions of the Russian thinker on the issue of essential components that substantiate the need for the evolution of the state and its departure from the historical arena. At the same time, the main regulations that characterize the prospects for the development of the state and its withering away are revealed. Only a social revolution, according to M.A. Bakunin, can lead to the destruction of the state as an organ of violence, and bring the people freedom, equality and the use of social wealth. Purpose of the research: to reveal the social and philosophical positions of M.A. Bakunin on the genesis of the state, its essence and evolution. Conclusions: The state, according to the views of M.A. Bakunin, is in any form of violence against the people, and therefore it must be destroyed through a social revolution. The future structure of society, as an ideal, should be based on justice and freedom of the people, their self-organization.


2006 ◽  
Vol 31 (3) ◽  
pp. 26-33 ◽  
Author(s):  
Catherine Forbes ◽  
Brett Inder ◽  
Sunitha Raman

On any given night in Victoria, around 4,000 children and young people live under the care and protection of the State. For many young people, this care extends over a long period of time, sometimes until their 18th birthday. It is well documented that young people leaving State care often lack the social and economic resources to assist them in making the transition into independent living. As a consequence, the long-term life outcomes from this group are frequently very poor. A recent report from the Centre for Excellence in Child and Family Welfare in partnership with Monash University estimated that, for a typical cohort of 450 young people who leave care in Victoria each year, the direct cost to the State resulting from these poor outcomes is $332.5 million. The estimated average outcomes of the leaving care population are based on a recent survey involving sixty young people who had spent at least two years in care as teenagers. This paper provides an overview of the economic methodology used to estimate this cost, and provides discussion of the motivation for measuring outcomes in terms of costs to the State.


2014 ◽  
Vol 25 (spe) ◽  
pp. 334-345
Author(s):  
Ariovaldo dos Santos ◽  
Suzana Lopes Salgado Ribeiro

This article works with the history of how the tool inflation adjustment of annual reports was arranged over half a century until its extinction. To do this, we related the social contexts, the legislation, and the academic perception corresponding to its best implementation in the financial system of Brazil. This study introduces a chronology of using this tool since the 1940s, when a sporadic revaluation of assets began, until the 1990s, when the signs of fatigue and the very extinction of inflation adjustment became apparent in Brazil. The importance of this historical contextualization relies on the possibility of understanding the history of inflation adjustment related to recent events in the country's history, marked over these 50 years by troubled times in national politics, permeated with strong instabilities. The Brazilian economy has faced, in its recent history, long periods of high inflation rates. Several measures and plans were needed to reduce inflation rates and seek economic stability. Even so, it was observed that, in the first moments when the country experienced a less severe inflation process, compared to some later ones, there was support from a regulatory legislation and concern to measure and mitigate the impacts of devaluation of the currency's purchasing power on the assets of companies. Thus, we also point out the limits imposed by the prohibition to use this tool to deal with the lack of accuracy of annual reports prepared by companies since 1996.


2014 ◽  
Vol 64 (Supplement-2) ◽  
pp. 39-51
Author(s):  
Zhifang Su

In this paper, we explore the change in short-term headline-core inflation dynamic relationship using threshold error correction model, and explain why the Chinese central bank should focus on headline inflation when conducting monetary policy. The results find that: (1) the deviation between core and headline inflation is eliminated mainly through reverting core inflation to headline inflation in high inflation period, indicating that headline inflation catches the long-term trend of inflation much better than core inflation does; (2) movements in food price have become a significant source of public’s inflation expectations and food inflation persistence is increasing, reflecting that the rising food price may not have been a transient phenomenon but has become a part of the long-term trend of inflation. The above conclusions imply Chinese central bank should not implement the monetary policy based on core inflation excluding food price but should make a certain response to the surging food price.


Wisdom ◽  
2020 ◽  
pp. 176-202
Author(s):  
John Kekes

Reflective understanding involves the evaluation of our personal attitude formed of our changing, often faulty, and frequently conflicting beliefs, emotions, desires, experiences, and evaluations. Their evaluation proceeds from two points of view. One is that of our personal attitude. The other is the point of view of the various modes of evaluations that jointly form the evaluative framework of the context in which we live. Both kinds of evaluations may be faulty. Reflective understanding involves the critical evaluation of the reasons for and against the prevailing social evaluations that follow from our personal attitude and of the reasons for and against our personal attitude that follow from the prevailing social evaluations. The test of the adequacy of our personal attitude is our satisfaction with our life. And the test of social evaluations is the continued long-term allegiance of those who follow the social evaluations, although they need not do so.


2021 ◽  
Vol 14 (4) ◽  
pp. 2322-2337
Author(s):  
Maria Carolina Chaves de Sousa ◽  
Peter Mann de Toledo ◽  
Filipe Gomes Dias

At the beginning of the 20th century, urbanization and occupation of privileged spaces at the expense of “lowland” spaces and close to a floodplain. The “lowlands” were occupied by a population, mostly with socioeconomic needs, forming housing groups susceptible to flooding and flooding. To bring the recognition of rights to these occupants, a land regularization work was carried out by the Federal University of Pará - UFPA, together with public entities from the State and the Union. The article aims to present and compare the degree of socio-environmental vulnerability in the area of land C of UFPA in the municipality of Belém, object of land regularization activity, applying indicators and indices related to social, economic, legal and environmental issues. The results show that the degree of vulnerability is high in the years surveyed, concluding that the legal regularization work carried out in the area was only patrimonial, in order to transfer responsibilities for land use to the beneficiary residents and the recognition of the right of that title by law. . Effective land regularization work should involve a set of bodies responsible for the social, environmental, urban and land areas so that, in a concatenated and long-term manner, the work carried out is carried out so that the results are captured by the indicators and that the data decrease the degree of socio-environmental vulnerability in the studied area.


2020 ◽  
Vol 17 (4) ◽  
pp. 475-484
Author(s):  
S. I. Kel'm

Currently, housing and communal services as a specific form of socio-economic relations are most susceptible to criminal influence. The Author of the article examines corruption crimes in the field of housing and communal services (HCS) from the point of view of public danger. Corruption as a social and legal phenomenon continues to be a dangerous factor in the development of the housing and utilities sector. The article draws attention to the systemic nature of corruption crimes in the housing sector. It is noted that the majority of crimes in the housing and communal sector are stable corruption and are committed by officials, as well as by persons performing organizational, administrative and administrative functions at the enterprises of housing and communal services. The criminals have adapted to the new system of functioning of the housing and communal services and forms of control over its activities. They began to more often involve enterprise accountants, relatives and other close persons in their criminal schemes, thereby forming a stable criminal group in which all roles are carefully distributed and thought out. The Author analyzes judicial practice in corruption-related cases in the field of housing and communal services. The most typical ways of committing crimes in this area are shown. Attention is paid to violations related to the resettlement of citizens from hazardous housing. The issue of the organization of natural monopoly in our country, which reduce the effectiveness of the existing measures of state control and which directly affect the growth of corruption crimes, is investigated. Attention is focused on the deliberate obfuscation of the property rights of resource-supplying organizations and the withdrawal of income to offshore zones. The factors that contribute to the growth of corruption crimes in this industry are noted. On the basis of the study, the author concludes that the social danger of corruption crimes in the sphere of housing and communal services is conditioned by a high level of organization, selfish involvement of officials in the redistribution of funds in their favor, as well as the intricacy of schemes and methods of withdrawing funds from enterprises of housing and communal services.


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