Methodological Approach to Assessing the Economic Efficiency of Digital Projects Applying Internet of Things Platforms

One of the key ones and most cost-effective technology from an economic point of view for the real sector is the Internet of Things (IoT) technology, which is usually provided in the form of Internet of Things (IoT) platforms, still does not have its own framework for assessing its economic efficiency. The author proposes a methodological approach based on a combination of classical methods of investment analysis and an architectural approach. From the information point of view the scientific work is based on cost-effectiveness studies of IoT projects, domestic and foreign scientific publications, IT cases and research on taxonomy of IoT platforms. The proposed approach may serve as the basis both for preparation of financial business cases and for facilitating the development of tools for objective assessment of the project initiatives attractiveness as part of implementation of the state digital development programs in Russia.

Legal Regulation Issues of Scientific Cooperation with Foreign Citizens and Foreign Organizations

The article offers a general overview of the legal regulation of scientific cooperation with foreign citizens and foreign organizations in the context of the main legal problems of interaction of Russian scientific bodies with interested foreign subjects. During the work method of analysis, system-structural, formal-legal methods and a method of interpreting the rules of law were used.

Methodological Support of the Competitiveness Management of the Machine-Building Complex of the Republic of Belarus on the Basis of the Strategic Business Units Creation

In the context of a rapidly changing economic reality, the management of large industrial complexes at the macro level has been become increasingly complex and difficult to predict. Directly, the ability to find, create, and combine new and existing conceptual foundations of management policy that have not been used before, but take into account the trends and features of certain socio-economic systems provides an opportunity to develop and create a flexible, adaptive management competitive mechanism that allows, depending on the circumstances, both to re-develop the system from the inside and adjust it to the existing conditions of the macro-environment. Thus, management becomes the main strategic resource that ensures the competitive advantage of the socio-economic system, as well as its’ “survival”, adaptation, transformation and development. The machine-building complex of the Republic of Belarus is an example of a multidimensional volumetric socio-economic system that requires large management costs to increase and strengthen its competitive capabilities and potential. This article is devoted directly to the development of methodological tools for managing the competitiveness of the machine-building complex of the Republic of Belarus, taking into account the features and conditions of its functioning.

On the Projects of the RF Central Bank Dedicated to the Financial Market Development

The Bank of Russia in its systemic documents, published in 2020, presents solution of a wide range of topical issues of the Russian financial system and economy related to providing the real sector with long-term money, the lack of which is one of the key factors restraining the growth of investments and the Russian economy for years. However, implementation of measures proposed in the documents may take more than one year until the economy begins to feel their effect. In this regard, it seems important to consider more systemic mechanisms that will allow to expand the volume of long-term money. In particular, we are talking about approaches based on interaction of the national central bank and the national ministry of finance. Besides, more and more countries in the world are actively applying the indicated mechanisms.

“Soft Power„ Instrument in Promoting International Development

In the present article the authors substantiate the following thesis: in the context of real polycentrism and increased confrontation between the states with liberal system of values and the states that defend real sovereignty and non-interference in internal affairs of aid-recipient states through a variety of development assistance tools, exceptionally "soft power" can become an effective mechanism of creating conditions for sustainable development of the world community as a whole. In preparing the study the authors applied the methods of historicism and comparative analysis of approaches to the policy of realizing the "soft power" goals.

Budget Subsidies + “Private Concession Initiative” = Stopper for Social Infrastructure Development

The overwhelming majority of social infrastructure facilities remain in state ownership, requiring special formats for attracting private investment without possibility of disposition and loss of their destination. Mechanism of public-private partnership doesn't leave any other option for such projects, and the "private concession initiative", which has become widespread in recent years, is best suited for projects focused on commercial activities, although this limits its application to social facilities. Non-competitive basis of this format relies on the market offer of the investor, whose rationality does not imply social behavior and whose activity is obviously not intended for budgetary participation. Recently, there has been an increase in cases of government authorities taking commitments on budgetary co-financing of agreements concluded as a result of such initiatives, which is often fraught with systemic violations of budgetary legislation. Connivance of the control-supervisory and judicial authorities results in formation of skewed law enforcement practice, in 36.2% of projects investors receive additional rental income from the budget, objectively not justified. This not only results in budget overpayments, but also devalues competitive formats that were previously quite successful — at present only 1/5 of social projects are concluded through a competitive process.

Basic Mechanisms for Developing State Strategic Planning in the Russian Federation

In modern conditions, implementation of sustainable progressive movement of the country by carrying out large-scale structural changes can be realized only on the basis of a centralized identification of areas, goals, priorities of socio-economic development, as well as indicators of strategies, programs and plans interconnected at all levels of the country's national economy management. Methodologically the article is based on dialectical method of scientific knowledge, as well as systemic and institutional approaches. Scientific periodicals (monographs, scientific articles, etc.) and official documents of legislative and executive authorities of the Russian Federation on the issues of state strategic and long-term planning in Russia and the USSR were used as an information and analytical base. The article dwells on the following issues: 1) as a result of analysis of domestic and foreign literary sources, as well as regulatory and methodological guidelines in the field of state strategic planning, its main shortcomings were identified. According to the authors, these include: dissemination of program-targeted management methods not only into all spheres of socio-economic development, but also to the areas of budget allocations, the lack of sufficient information base of calculations; 2) methodological approach (stages, sequence of work, methods and procedures) to elaborating state programs for the economic development of the country, industries and regions is proposed; 3) application of the methods of hierarchies analysis (MHA) and network modeling (NPM) as the main methods for developing state programs is substantiated; 4) proposals on the composition and structure of the information base for calculating indicators of state programs are given.

Resilience as a Strategic Imperative in the Age of Uncertainty

The article examines resilience as a new approach to supporting economic growth under the global uncertainty and sudden shocks. We describe resilience as a method for dynamic stabilization of complex systems, as a new imperative for growth policy, and as a new standard of risk management.

Economic Consequences of Following the Nathaniel Bumpo and Nick Adams Trails

In the proposed paper, the authors consider one of the directions of non-raw material economic development: the prospects for the outdoor recreation industry, and in particular the sub-industry of hunting, fishing and watching. According to the authors, the development of these industries can bring an increase in economic turnover by an amount comparable to the amount of income from the export of Russian arms. The authors consider the positive experience of the development of the outdoor recreation industry in a number of developed countries. In addition, the authors believe that the development of the outdoor recreation industry can contribute to solving such problems as improving the health of the population, consolidating the population in hard-to-reach and remote areas, and increasing the country's reputation capital due to inbound ecological hunting and fishing tourism.

Institutional Rent in Metallurgy: Ways of Use

The article describes the possible use of institutional rent of the largest metallurgical companies associated with their non-market advantages. The author identifies the channels for obtaining such rent, including differences in the tax burden, difference in the rates of involved financial resources for companies operating in different institutional conditions, state support and benefits from peculiarities of the vertical organization of production. Some estimates of institutional rent are obtained and questions are raised about the income and expenses level, fair for the economy, of the companies that receive it. The directions, in which large companies spend the received rent, are highlighted; it is emphasized that withdrawal of "windfall revenues" can be made only after they are compared with non-market expenses of companies, imputed by the state. At the same time, information on such costs is scattered, inaccurate and therefore requires serious assessment and monitoring. The author substantiates an approach wherein the state and big business are interested to seek a mutually beneficial use of the received institutional rent.