PROBLEMS AND TRENDS IN THE DEVELOPMENT OF THE RUSSIAN STOCK MARKET

The article is devoted to the research analysis of the current patterns of development of the domestic stock market. An assessment of the dynamics of the stock market volumes is given. The trends in the movement of the market value of shares of Russian companies and the influence of factors on this process are analyzed. A comparative analysis of the dynamics of the stock market in Russia and the USA is carried out. We also raised the issue of the development of economic relations in Russia characterized by the creation of an effective and transparent mechanism for the formation and distribution of financial resources between economic entities in accordance with market rules and laws. One of these generating and redistributing channels should be the securities market, as an integral part of ensuring the integrity and functioning of all elements of the economic system of the state. In conclusion, it was concluded that the main goal of the Russian market is its transformation into a productive mechanism for reducing the uncertainty of financial activity, which is based on the implementation of an appropriate active state policy

For feminist geographies of austerity

Austerity policies and austere socio-economic conditions in the UK have had acute consequences for everyday life and, interconnectedly, the political and structural regimes that impact upon the lives of women and marginalised groups. Feminist geographies have arguably been enlivened and reinvigorated by critical engagements with austerity, bringing to light everyday experiences, structural inequalities and multi-scalar socio-economic relations. With this paper I propose five areas of intervention for further research in this field: social reproduction, everyday epistemologies, intersectionality, voice and silence, and embodied fieldwork. To conclude, I argue for continuing feminist critique and analyses given the legacies and futures of austerity.

СУЧАСНІ ВИКЛИКИ МІЖНАРОДНОЇ ТА НАЦІОНАЛЬНОЇ БЕЗПЕКИ

The article provides insights into the modern aspects and challenges of economic globalization that triggers a fundamental change in the world economic order, as well as demonstrates the emergence of a new global economic culture, a new type of economic consciousness and a new type of international relations. In this context, exploring globalization processes and identifying their patterns seems especially relevant. The study reveals that within on-going globalization settings, the scale of international economic relations demonstrates a rapidly growing trend, the number of their immediate participants is increasing, the forms of these relationships are being updated and getting more complicated. It is observed that in the vulnerable market economic environment with intensified international competition there are more and more common issues to be addressed by joint efforts in searching for effective solutions, moreover, there are certain conflicts arising that can be resolved only at the regional and multilateral levels. A special emphasis is put on the need to integrate collective efforts of international organizations and forums through economic diplomacy which will contribute to finding the best compromise between governments to meet the interests of all or most of stakeholders in the world community, for many countries this will mean to benefit from international mechanisms and procedures, and reducing adverse effects from TNC activities to engross the advantages of globalization. The study findings have verified that from international economic relations perspectives, among fundamental reasons behind business globalization are the advances in computer and communication technology which exchanging of ideas and information between different countries, expand consumer awareness of foreign-made products. The study also demonstrates how cable systems in Europe and Asia facilitate firms in many countries to shape simultaneously both regional and sometimes global demand, and global communication networks allow them coordinating production and aligning common goals worldwide while companies located in different parts of the world produce the same end product. It is argued that reducing customs barriers to investment and trade by the vast majority of governments proves effective in launching in new markets for international export companies that offer opportunities and capacities for local producers. Apart from the above, the study has traced a trend towards unification and socialization of the global community. In particular, it is observed that continuous changes in the governance paradigm as well as in the international environment impose an integrated effect upon social, political and mental aspects of national interests. It is concluded that building a conceptual framework of national and international interests is a complex and long-term process influenced by geopolitical, economic, socio-cultural and psychological factors, being adjusted through the system of social values and reflected in research studies and manifestations of collective consciousness. From this perspective, the key aspects of national and international security have been explored.

Problems of Formation of System Thinking in Modern Russian Education

The construction of new, market-based economic relations in Russia in the early 90s of the last century was accompanied by a radical transformation of the education system to the Bologna standard. At the same time, Western scientists - teachers drew attention to the work on the cognitive development of the child by L.S. Vygotsky, the theory of developmental education by P.Ya. Galperin, the theory of inventive problem solving by G.S. Altshuller and the results of research by other scientists providing the formation of systems thinking in Soviet education. The article shows that the documents regulating the development of Russian education include the formation of systematic and critical thinking in students, but in practice this is not always implemented. The directions of transformation of the Russian education system since the beginning of building market relations in the 90s of the last century are identified as the cause of the current situation. The formation of systems thinking in higher education should consider the peculiarities of the age dynamics of adults. The most developed figurative and verbal thinking among students makes it possible to use the teaching methods of V.F. Shatalov, which reduces the time for studying educational materials by more than 30 times in comparison with classical teaching methods.

Examining Social Exchange Theory and Social Change in the Works of George Caspar Homans – Implications for the State and Global Inequalities in the World Economic Order

This paper focuses on the critical investigation of ‘Social Exchange theory’ and ‘Social Change’ in the works of George Homans. The objectives are to appropriate the interpenetrations of the twin concepts, and their implications towards the amelioration of the human condition both within the state, and within the global socio-economic relations. Thus, the paper achieves its objectives by applying a qualitative-critical descriptive method of analysis on the subject matter –with a critique from Peter Blau’s variant perspective for helpful extrapolations to explaining human condition within the state, and globally. The paper made some findings, draws conclusions, and recommendations. A few of these findings include 1) the propensities of breaching the norm of reciprocity in social exchange process are higher than the tendencies to maintain the norm; 2) at the breach of the norm of reciprocity, there are higher risks of losses than the gains, and there are immanent implications; 3).That societal progress can also emerge via resistance to an ‘apopular’ status quo. The paper concluded that, there is a semblance of order when the norm of reciprocity is observed among nations, and within nations; but moments of aggression exists with immanent crisis-tendencies that are anti-development where the norm is violated. Therefore, the paper recommends: the state should be committed to its part of the social contract with the citizenry in terms of provisions of human-centered development facilities; and where the state loses the sanctity of its legitimacy and turns to a ‘class-state’, counter-reactions and resistance from the subaltern classes (the civil society) through protests for progressive social change or for the improvement of the human condition, should not be discouraged. Additionally, the advanced nations should recognize the socioeconomic rights of the less developed nations for a fair deal in the global economic relations. Received: 29 November 2021 / Accepted: 28 December 2021 / Published: 5 January 2022

The Impact of Trade Agreement and War on Specific Indonesia-China Bilateral Trade

This research aims to evaluate the impact of trade agreements and trade war on specific Indonesia-China bilateral trade on four export-import commodities during 2014 - 2019. The methodology used are both descriptive analysis and RCA and EPD analysis. The entire analysis section tries to focus on important periods of economic relations between Indonesia and China, namely the implementation of the 2015 ACFTA and trade war. The results of the study indicate that Indonesia's selected export commodities have huge potential to be developed in bilateral trade with China, especially to maximize the benefits of ACFTA. The implementation of ACFTA 2015 has a positive impact on the growth of the four selected commodities as well as on its competitive analysis. The results of RCA analysis show the four commodities remain including highly competitive, even for palm oil tends to be specialized for Indonesia, however there are differences from EPD analysis results where the two Indonesian export commodities (Animal or Vegetable Fats/ HS15 and Mineral Fuels/ HS27) before the trade war was in the rising star position, it became a lost opportunity, but for the two imported Indonesian commodities, there was no change in staying in the rising star position.

Serbia

The accession of the Balkan countries to the European Union is a desire and objective of several political leaders and a commitment of the European institutions themselves. This path represents one of the objectives of the Republic of Serbia, and negotiations are currently taking place regarding compliance with the different accession chapters. Serbia's integration entails several challenges, being a decisive instrument to heal the wounds of the Balkan War and an opportunity to rebuild political, social, diplomatic, and economic relations across the region. This chapter sets out to discover these challenges and seeks to analyze the current moment of negotiation, outlining the possible paths for the country's integration into the European Union and the respective impact on subsequent negotiations with other Balkan States. Among the remaining doubts regarding the integration of the Serbian State and the conviction that the path of the European Union inevitably passes through this integration, what challenges will the negotiation face in the coming years?

Economic analysis of the world export of educational services

The research looks at the export of educational services as one of the promising spheres for the development of international economic relations. The study focuses on the experience of developed supplier and recipient countries. The theoretical basis of the study is formed by the typology of ways to export services proposed in the General Agreement on Tariffs and Trade. The importance of the issue under consideration is due, among other things, to the fact that, according to forecasts, the number of foreign students wishing to obtain higher education will increase to 150 million in 2025, and the volume of exports of higher education will reach $30 billion, which is 3 % of the total volume of trade in OECD services. Most prior research focuses on methodological aspects of education; however, the experience of foreign countries is presented in a limited scope. Using the example of the USA in the context of the management training program, it is shown that a fairly broad methodological system is used abroad, allowing specialists from all over the world to acquire the necessary skills and develop competencies. It is obvious that the pandemic has led to a sharp reduction in the number of foreign students in Germany, as in other exporting countries of educational services. Of particular interest is the EdTech market, which is attractive in terms of its size and growth rates. The key barriers to the global market of educational services are, among other things, increased competition, the presence of a larger number of exporters-providers of educational services, more active classes at mass open online courses, active use of mobile devices; the use of learning models that include personalized and blended learning methods; increasing the degree of confidentiality of data; active development of the institute of continuing education in conjunction with the active use of advanced training courses and vocational training. The research is expected to provide valuable information about the balance of powers on the global market of educational services and will serve as an information base for further scientific research in the field.