NATIONAL WEALTH MANAGEMENT FOR SUSTAINABLE ECONOMIC GROWTH

The substantiations for the use of the indicator of national wealth, including produced, natural and human capital, as a tool for managing the sustainability of the economic growth of the state are given. Considering that at present the measurement of the National Wealth in the Republic of Belarus is limited to fixed assets, the approaches of the World Bank to assessing the National Wealth by countries of the world are considered. The amount and structure of the national wealth of the Republic of Belarus in the assessment of the World Bank based on data for 2018 is presented. A comparative analysis of the share of produced, natural and human capital in the Republic of Belarus, CIS countries, regions of the world and countries with different income levels is carried out. The approaches to the management of national wealth to ensure sustainable development are considered, allowing to diversify the portfolio of assets and ensure balanced investment in various assets to ensure greater sustainability of the state.

Key Function of the Bank of Russia: Contradictions and Problems

The article examines the most important categories, mechanisms, and instruments of the monetary policy of the Bank of Russia from the point of view of both its development and its implementation. The essence, origins and driving forces of the main contradiction of Russia's monetary policy are revealed. It is shown that monetary policy, along with the economic policy of the state, should act as a regulator of important meanings of human existence, such as the growth of real incomes of the population, directly affecting the redistribution of money – this market form of universal requirement for part of the national wealth. The author's position is presented, according to which inflation is not so much a macroeconomic indicator, as it is often customary to treat this phenomenon, as a fundamental process of a market economy that determines the redistribution of national wealth between economic entities through money. The authors identified and described the main problems and local contradictions in the development and implementation of a unified state monetary policy, presented a detailed description of these phenomena. The methodology of dialectical-systemic and logical analysis, which was used by the authors as a research tool, allowed for the first time to formulate the main contradiction of the unified state monetary policy. The presented formulation reflects the essential principles of the poles of contradiction – the contradiction between form and content. In order to solve the problems identified and existing for a long time, the authors justify the need to take priority organizational and legal measures, first of all, changing the statute, reforming functions, strengthening operational capabilities and staffing of the National Financial Council.

SPREAD OF AGRICULTURAL KNOWLEDGE AS A TREND OF CULTURAL AND ECONOMIC INTERACTIONS OF OSSETIA AND RUSSIA (SECOND HALF OF THE XIX – EARLY XX CENTURY)

Проблема становления многонационального социума всегда была и остается в фокусе научного познания. Особую актуальность она имеет для России, история которой является ярким примером сосуществования множества разных народов. Период второй половины XIX – начала XX вв. стал важной вехой в деле утверждения российской государственности на Северном Кавказе. Осетия активнее других северокавказских территорий участвовала в модернизационных процессах пореформенного периода. Трансформация, затрагивавшая в ходе этих процессов все сферы жизнедеятельности осетинского общества, рождала новые, более современные формы социально-экономических отношений и способствовала возникновению новых потребностей. Земледелие в частности и сельскохозяйственная отрасль в целом превращаются в главнейший источник народного благосостояния. В статье рассматривается проблема культурно-хозяйственного взаимодействия Осетии и России в условиях реформаторства второй половины XIX – начала XX в., исследуются основные векторы развития осетинского социума в рамках этого взаимодействия. Одним из наиболее прогрессивных направлений обозначается стремление к новейшим достижениям в области сельскохозяйственной деятельности, а потребность в приобщении к эффективным способам ведения личного хозяйства определяется как важнейшая. Научная новизна работы обусловлена постановкой проблемы, привлечением новых источников и междисциплинарным походом. Методологическую основу составили системно-структурный, сравнительно-исторический, междисциплинарный и цивилизационный подходы, принципы историзма, объективности и целостности. Результаты, полученные в ходе исследования, дают основание утверждать, что одним из важнейших трендов культурно-хозяйственного взаимодействия Осетии и России в рассматриваемый период стало распространение сельскохозяйственных знаний среди населения Осетии посредством развития системы сельскохозяйственных учебных заведений. The problem of the formation of a multinational society has always been and remains in the focus of scientific knowledge. It is of particular relevance for Russia, whose history is a vivid example of the coexistence of many different peoples. The period of the second half of the XIX - early XX centuries became an important milestone in the establishment of Russian statehood in the North Caucasus. Ossetia participated in the modernization processes of the post-reform period more actively than other North Caucasian territories. The transformation, which in the course of these processes affected all spheres of life of the Ossetian society, gave birth to new, more modern forms of socio-economic relations and contributed to the emergence of new needs. Agriculture in particular and the agricultural sector as a whole are turning into the main source of national wealth. The article examines the problem of cultural and economic interaction between Ossetia and Russia in the conditions of reformism in the second half of the 19th - early 20th centuries, examines the main vectors of development of the Ossetian society within the framework of this interaction. One of the most progressive directions is the striving for the latest achievements in the field of agricultural activity, and the need to familiarize with effective methods of running a personal economy is defined as the most important. The scientific novelty of the work is due to the formulation of the problem, the involvement of new sources and an interdisciplinary approach. The methodological basis was formed by the systemic-structural, comparative-historical, interdisciplinary and civilizational approaches, the principles of historicism, objectivity and integrity. The results obtained in the course of the study give grounds to assert that one of the most important trends in cultural and economic interaction between Ossetia and Russia in the period under review was the spread of agricultural knowledge among the population of Ossetia through the development of a system of agricultural educational institutions.

FINANCING THE COSTS OF FORESTRY PRODUCTION: CURRENT STATUS AND WAYS OF DEVELOPMENT

The article analyzes the state of existing forms of financing of modern forestry, considers the procedure for financing activities for forestry and hunting by forestry institutions. It is emphasized that the existing procedure for financing and spending funds does not provide for the commensuration of rental income from the sale of finished products and the tax value of standing timber, does not determine the content of relations in general between forestry and timber industry.In order to strengthen financing of forestry production and forestry costs, it is proposed to change the institutional structure of functioning and to focus efforts on financing forestry activities in production forestry associations. It is also proposed that payments for forest resources, as the main item of forest income, be determined on the basis of a rent approach, taking into account supply and demand. The proposed measures will allow to strengthen the relationship between the economic interests of the two types of activities within the framework of a single organization and at the same time to strengthen the financial basis for the implementation of the main goal of forestry - to increase the productivity and sustainability of forests as an important structural element of the country's national wealth.

Promotion of CO2 assimilation by sufficient supply of nitrogen and phosphorous is easiest method to fit Paris agreement and to protect global warming and to get national wealth

Global warming is caused by retardation of CO2 assimilation by scare of nitrogen and phosphorous Developed countries are tried to purify air and water by NOx and NP elimination at around 1980. Then CO2 assimilation is retarded. CO2 fix is retarded. Agriculture and fish industry are retarded DGP increase rates of these countries are low. On the contrary, developing countries like China, India and Indonesia, they do not eliminate NOx and NP.and use as fertilizer. Then CO2 assimilation is activated CO2 fix is activated. Agriculture and fish industries are activated. DGP increase rates of these countries are high. We must promote CO2 assimilation by complete use of NOx and NP in waste water. And addition of fertilizer to the sea will increase CO2 assimilation and fish production. Promotion of CO2 assimilation by sufficient supply of nitrogen and phosphorous is easiest method to fit Paris agreement and to protect global warming and to increase DGP and national wealth.

From command to market-driven economy: the changing role of manufacturing industries in Romania

In 1990, Romania and other CEE countries embarked on a political shift that prompted radical structural and spatial changes in economic activities. Industrial restructuring holds a central role in strengthening both EU convergence and internal socioeconomic divergence. The aim of this paper is to discuss the contribution of manufacturing to national wealth creation, the attractiveness of industries to foreign direct investments, and the evolutionary trajectories of manufacturing employment and firms in conjunction with the pathways taken at the level of the national economy. To attain this aim, we analyse in detail the period between 2002 and 2019, looking at the temporal dynamics of the industry in times of growth and crisis. The changes discussed are typical of economic restructuring, with regions and urban centres experiencing a dramatic change in their economic roles and functions and increasing inequalities between metropolitan and non-core regions.

‘Kinetic’ Reform

The embedding of reformist politics in the medium of poetic form is a central feature of the reformist literary mode. Chapter 4 counterpoints the vision of class strife that haunts Wells’s scientific romances from the 1890s with the gradualist reformist impulse that came to the fore in tax debates in the early 1900s. The development of more nuanced forms of graduated taxation in the Edwardian period turned the tax system into a means of social integration, leading to the emergence of a new institutional idiom that can help us understand the generic hybridity of Wells’s works of this period. These books, notably Wells’s Edwardian ‘trilogy’ (Anticipations, 1901; Mankind in the Making, 1903; A Modern Utopia, 1905), responded to a new understanding of national wealth in terms of kinetic, redistributable ‘incomes’ rather than in terms of fixed private ‘wealth’.

Niche diversity influences psychometric properties of a brief personality scale – evidence from representative samples during the COVID-19 pandemic

Recent studies using more diverse samples have questioned the applicability of the Big Five. It needs to be shown how robust measures of the big five are and whether any deviations are systematic or random. We present validity information on a ten-item personality measure applied to population samples in 16 nations during the first wave of the COVID-19 pandemic (N=35,052). Overall, we found poor replicability and low reliability of the five-factor structure of personality. We then test whether variation is systematically related to ecological, economic or stress-related variables. Personality structure replicability measured via averaged Tucker’s Φ values was correlated with niche diversity data (Human development index, rate of urbanization, diversity of export goods) and national wealth, but not reliably related with COVID-19 (gross domestic product per capita). and death rates per million citizens during the study period. These patterns overall suggest that a) personality structure in brief measures need to be carefully tested prior to any substantive interpretations of the personality data and b) that systematic socioecological factors have an impact on survey responses to personality inventories.

Naturalization, Labor and Market: Three Essays by John Locke

Вниманию читателей предлагается перевод трех эссе Джона Локка (1632–1704), не опубликованных при его жизни и никогда не публиковавшихся в России: «О всеобщей натурализации» (1693), «Труд» (1693) и “Venditio” (1695). Все они написаны в период после Славной революции 1688–1689 годов и затрагивают злободневные политические темы постреволюционной Англии. В результате экономического и финансового кризиса 1690-х годов в стране резко упал уровень жизни и возник дефицит ресурсов, возместить который Локк предполагал за счет труда и мировой торговли. Локк подчеркивает основополагающую роль труда как основы счастья и общего блага. В «совершенствовании ума» он видит способ снижения политической напряженности, а призывая двор отказаться от широко распространенных привычек к роскоши и пустому времяпрепровождению, надеется на то, что личный пример правителя поможет ввести в моду честный труд. Он также выступает против ксенофобии и предлагает доводы, доказывающие безопасность и необходимость натурализации. Несмотря на то что в Билле о натурализации 1693 года имелась в виду прежде всего помощь гугенотам, бежавшим в Англию после отмены Нантского эдикта (1685), Локк рассматривает этот вопрос в более общем плане и говорит о пользе труда любых мигрантов, стремящихся в качестве натурализовавшихся и потому лояльных подданных принять участие в приумножении национального богатства. Аргументы Локка в пользу свободы рыночных цен сопровождаются важными оговорками, подразумевающими традиционные схоластические концепции моральных ограничений рынка, а также милосердия в случаях «абсолютной необходимости». The article presents three essays written by John Locke (1632–1704): “For a General Naturalization” (1693), “Labor” (1693), “Venditio” (1695). The essays were not published during the philosopher’s lifetime and have never been previously translated into Russian. Written in the aftermath of the Glorious Revolution (1688–1689), the three essays focus on political issues facing post-revolutionary England. The economic and financial crisis of the 1690s had a direct impact on the living conditions of the population and resulted in resource deficit which Locke planned to overcome by means of labor and international trade. Locke underlines the pivotal role of labor as a prerequisite for common wellbeing. Locke believes that the improvement of the mind is a way to reduce political tension. He maintains that it is essential that courtiers should give up luxurious and degrading habits. He believes that a ruler’s example will promote honest labor. Locke lambasts xenophobia and advocates naturalization. Despite the fact that the Naturalization Act of 1693 granted assistance to Huguenots who fled to England after the repeal of the Edict of Nantes of 1685, Locke treats the issue in a broader sense and advocates that migrant workers willing to become naturalized and loyal to their new country are a great asset in augmenting the national wealth. Promoting free market prices, Locke underlines the necessity of holding to the scholastic concept of economic ethics and of setting standards of fairness and compassion in transactions.