On macroeconomic instability in commodity economy in the context of external shocks: some questions of theory and Russian experience

Author(s):  
Mikhail A. Sherstnev

The actual character of the research is based on the observation that the periods of financial instability during the last decade in Russia were determined by the specific features of the post-Soviet socio-economic model and their proper understanding is required for right choice of the instruments of anti-crisis policy. Such knowledge is becoming even more important under the oil shock and COVID-19 pandemic in the first half of 2020. The purpose is to provide systemic analysis of the crisis processes in the Russian economy in 2014-2016 as the combination of several interdependent economic processes specific for the large-scale resource export oriented economy. It raises the issue of potential recovery mechanism for such type of economy and such type of the crisis and analyses theoretical and methodological foundations for choice of anti-crisis policy instruments. The research methodology includes reference to the comparative study of systemic financial crises in South East Asia in 1997-1999 and Russian Federation in 2014-2016 and derivation of specific predictions of the third generation currency crises models which are relevant for the case of the Russian Federation in 2014-2016. The result includes the conclusions on the specific features of the potential recovery mechanism in such type of the crisis and the choice of anti-crisis policy instruments on different time horizons. It also outlines the issues for further research and open questions for macroeconomic policy debates.

Author(s):  
Nataliya Levkina ◽  
Tatyana Averina

In modern conditions, there is a large-scale transformation of the Russian economy in the direction of its digitalization, accordingly, the innovative activity of enterprises and organizations is of particular importance. This work is devoted to the assessment of the dynamics of innovation activity of Russian enterprises for the period from 2010 to 2020 according to Rosstat of the Russian Federation. The analysis of the main indicators of innovation activity indicates that the level of innovation activity in the whole country is low, and most of the indicators show negative dynamics, which jeopardizes the implementation of many large-scale innovative projects. The results of the study can be used in planning and adjusting federal and regional programs for digitalization of certain industries and areas of activity.


Author(s):  
A. Yu. Chalova

A high degree of uncertainty in the future development of global and Russian economy due to the corona-virus epidemic proliferation, the global economic downfall, which followed the introduction of quarantine measures in some countries make the issue of changes in state budget policy in the Russian Federation more and more acute. Despite the seeming finance stability of the budget system of the Russian Federation characterized by the surplus federal budget during two previous years and min deficit budgets of other levels, it still depends on external factors of the economic development. Policy of the Ministry of Finance aimed at adjustment of federal budget fund use to fluctuations of global oil prices within the frames of the budget rule can form considerable reserves, but at the same time it can cause a drop in investment and consumer demand and sl ow down in economy development. This approach to developing and implementing budget policy could ruin the budget essence as an active tool of state regulation of economy, especially in current conditions. Transforming the model of obligatory balance of the federal budget and accumulating sovereign reserves in conditions of growth absence in Russian economy for the large-scale stimulation of the population and business demand require scientifically grounded approach. New economic conditions demonstrate the necessity to provide well-balanced parameters of the federal budget within the frames of the budget rule. The possibility to combine these goals depends on degree of realizing key budget risks and stability of state finance to them. The article carried out modeling of key parameters of the federal budget depending on risk defining factors and effective restrictions by the budget rule provided an opportunity to advance a hypothesis that the basis of the long-term balance of Russian federal budget is formed by a new model of state budget policy leaning on the alternative use of finance tools and acceptable easing of budget rule restrictions.


Author(s):  
Ruslan Mukharbekovich Dzidzoev

The subject of this research is the questions of constitutional reform regarding the federal structure of Russia, which require scientific assessment. The object of this research is the legal acts that laid the groundwork for the constitutional reform in Russia: Message of the President of the Russian Federation to the Federal Assembly of the Russian Federation of January 15, 2020; Law on the Amendment to the Constitution of the Russian Federation; Conclusion of the Constitutional Court of the Russian Federation on Conformity with the Amendment of the Current Constitution of Russia. Detailed analysis is conducted on the content of the constitutional amendments, their correlation with the legal logic and the needs of constitutional federal progress in Russia. The combination of applied methods (general scientific and private scientific, such as formal-legal, comparative-legal, systemic) allows determining the degree and limits of impact of the constitutional amendments upon the federal structure of Russia. The key conclusions consist in ascertainment of the large-scale constitutional federal reform in Russia oriented towards the principles of state unity and territorial integrity, which received prominent and holistic reflection in the revised version of the Constitution; need to complete federal reform at the current legislative level via amending the Federal law “On The General Principles Of Organization of Legislative (Representative) and Executive Authorities of Constituent Entities of the Russian Federation”, as well as the Constitution and statues of the constituent entities of the Russian Federation, which should be brought into compliance with the new revision of the Main Law of Russia. The author's special contribution to this research lies in a systemic analysis of recent amendments to the Constitution of Russia, which testify to substantial changes in federal structure of the country. The novelty is defined by the analysis of new constitutional provisions characterizing the content of the constitutional reform in Russia with regards to federal structure, which have not been previously examined in legal science.


2021 ◽  
Vol 129 ◽  
pp. 11006
Author(s):  
Anna Vladimirovna Kurbatova ◽  
Ekaterina Sergeevna Kurbatova ◽  
Jozef Majercak ◽  
Natalia Petrovna Tereshina

Research background: The aim of the scientific contribution is to analyze the current position of the Russian economy in the context of other countries. The article consists of a deduction of the current position of the Russian Federation and the subsequent proposal to continue the fight against the COVID-19 crisis. Purpose of the article: Using the analysis of available sources of scientific research, the analysis of the current position of the Russian economy in the context of other countries. The paper offers basic recommended goals for further progress in the time of a pandemic. Methods: The coronavirus pandemic has turned the world into a new reality. It showed the weaknesses and strengths of states, their constitutional structures, economic and social models. The post-pandemic world will be different, significantly different from the current one. And this pandemic will not be an exception, but will become one of a series of past and future world problems. And the world must be prepared to meet them. It is necessary to learn how to manage the development of large-scale systems at various levels from internal regions, states and to the world economic and political system as a whole. States must learn how to manage in a critical situation so as not to expose their peoples to significant disasters, much less extinction. They should establish mechanisms to predict and combat undesirable hazards. Using the scientific method of analysis of available resources, the authors analyzed the current position of the Russian Federation in relation to selected economies of the world. By synthesizing the knowledge and subsequent deduction, the authors propose further recommendations and steps in the time of the COVID-19 crisis. Findings & Value added: The pandemic that led the world to a crisis of health and survival, economy and trust has shown how much the world needs to be improved. At the same time, it clearly showed what strategic directions Russia needs to move in order to save its people, its territory, and strengthen itself in the top three world economic leaders. And if the strategies are clear, and the tasks are defined, then the matter remains only for their implementation.


2009 ◽  
pp. 110-123
Author(s):  
P. Kryuchkova

The article considers the development of the technical regulation reform in Russian Federation and the potential impact of technical regulation on competition and competitiveness of industries and the Russian economy as a whole. It concludes that the reform has been actually reduced, and it is demanded for in the framework of the modernization scenario of Russia’s economy development.


2007 ◽  
pp. 63-75 ◽  
Author(s):  
A. Navoi

The article analyzes the situation with attraction of foreign direct investments (FDI) into the Russian Federation. Sharply increased inflow of international financial resources into national economy has highlighted the problem of definitions, the reasons of this phenomenon and its economic contents. The article considers methodological aspects and economic essence of modern FDI. Special accent is made on the estimation of the situation with their attraction into Russia, FDI structure and effectiveness. The conclusions about basic directions of the increase of their effectiveness in the Russian economy are formulated.


2020 ◽  
Vol 10 (2) ◽  
pp. 103-106
Author(s):  
ASTEMIR ZHURTOV ◽  

Cruel and inhumane acts that harm human life and health, as well as humiliate the dignity, are prohibited in most countries of the world, and Russia is no exception in this issue. The article presents an analysis of the institution of responsibility for torture in the Russian Federation. The author comes to the conclusion that the current criminal law of Russia superficially and fragmentally regulates liability for torture, in connection with which the author formulated the proposals to define such act as an independent crime. In the frame of modern globalization, the world community pays special attention to the protection of human rights, in connection with which large-scale international standards have been created a long time ago. The Universal Declaration of Human Rights and other international acts enshrine prohibitions of cruel and inhumane acts that harm human life and health, as well as degrade the dignity.Considering the historical experience of the past, these standards focus on the prohibition of any kind of torture, regardless of the purpose of their implementation.


Author(s):  
J. Schüz ◽  
A. Olsson

Cancer is increasing worldwide. Th e Russian Federation is no exception in this regard with an increase of the total number of new cases predicted to rise from 529,062 in 2018 to 587,622 in 2040. Th e present high burden and increase in incident cases at the same time increases the pressure on healthcare infrastructure and related costs. Th us, primary and secondary prevention of cancer becomes essential. Occupational cancers related to exposure at the workplace are among the preventable cancer burden, due to the modifi ability of the risk through minimisation of occupational exposures and adequate worker protection. For the Russian Federation, some 20,000 cancers each year may be att ributable to occupation, but systematic recording is currently lacking. As information is also lacking on the absolute eff ect of various occupational carcinogens in the Russian workforce due to lack of large-scale epidemiological studies and because for many suspected occupational carcinogens the evidence may become stronger, the true burden may in fact be higher. Th e Russian Federation appears particularly suitable for research into occupational cancer given the sizable workforce, the heavy industr ialisation as well as the good documentation and workplace surveillance over time, so that results are both informative for the situation in the Russian Federation and on a global scale. Five challenging but not unfeasible steps of nationwide population-based cancer registration, development of a legal framework for record linkage of registries and data collections, recording of occupational cancers, large scale epidemiological occupational cancer research and rigorous implementation of worker protection on known carcinogens, lead the way to a continuously updated cancer control plan that includes the elimination of occupational cancer in the Russian Federation.


2020 ◽  
pp. 27-35
Author(s):  
Alexander Allakhverdyan

Numerous studies by Russian scientists and historians of science are devoted to the state science policy in the USSR and its well-known achievements, but not enough attention is paid to the negative, socially repressed aspects of the Soviet science policy. Repressions became one of the main components of the state's scientific and personnel policy in the Stalinist era. The systemic analysis of the development of Soviet science declared in the scientific literature, limited only by its indisputably outstanding achievements, without under-standing the origins, causes and mechanisms of the repressed state apparatus that operated in the same period, sharply reduces the overall picture of the reliability of the study of Soviet science. The purpose of the study is to comprehend the diverse and dramatic practice of state repression in the system of Soviet science, because in the world history of science no other developed country has experienced such large-scale and tragic events in the functioning of the scientific society.


2019 ◽  
pp. 62-68
Author(s):  
I.A. Kirichenko ◽  
R.R. Gumerov

The article analyzes some new requirements to the methodology of medium-term forecasting of socio-economic development of the Russian Federation in the framework of the «big challenges» model. The main «big challenges» of the global and Russian economy are identified, the main requirements for the medium-term forecasting of socio-economic development of the Russian Federation in the transition to the model of «big challenges» are considered.


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