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No 2 (2017)

ECONOMIC POLICY

6-12 1110
Abstract
The Strategy of the Russian Federation national security was accepted in 2015, the Doctrine of information security of the Russian Federation - in 2016. In December 2016, Prime Minister Dmitry Medvedev instructed the Russian government to work out a Doctrine of energy security of the country. In 2017, the President Vladimir Putin proved the Strategy of economic security of the Russian Federation until 2030. We also have a Food security Doctrine of the Russian Federation, a cyber security strategy of Russia is to be developed too, etc. Naturally, the question arises about the method that may be used for estimation the levels of different types of security - national, economic, demographic, food, ecological, cyber, energy, transport security, etc. A structure of the methodology and method of security assessment are considered in this paper. The later were tested in practical calculations. The author concludes, that all considered approaches can be used for estimation the levels of economic security of the country and the subjects of the Russian Federation. Their comparison allowed to identify the main stages of the assessment. They are: determination of a set of initial indicators, their quantification, normalization, calculation of the generalizing indicators for groups of normalized indicators, the subjects of the Russian Federation, and the country as a whole.
13-19 817
Abstract
The paper is devoted to the analysis of actual dynamic sanctions regime established against Russia in 2014 and lasting till nowadays. The subject matter of the research includes the contents of sanctions regime in regard to Russia (national aspect) and the current condition of world financial system and international trade in the context of developing sanctions as an instrument of foreign policy (global aspect). The object in view is to determine the structure and attributes of complex sanctions regime against Russia, identify and estimate its global consequences. In order to measure the global results of Anti-Russian sanctions and countersanctions we implement statistical analysis using the databases of BIS, IMF and INTRACEN during 2011-2016. The detailed classification of sanctions against Russia is also offered. We came to a conclusion that analyzed sanctions regime has strictly negative global outcomes which can be combined into two groups: real (such as diplomatic, negative expectations of economic agents, “lost trade” and “collateral trade damage”, distortion of trade and financial flows through incorporation of additional mediators, manufactured slowdown of global credit market, lack of responsibility for global financial development typical for sender countries) and potential (i. e. origin of new types of “contagion” effect, risks of financial concentration and “bubbles” in global non-credit markets to occur).
20-26 518
Abstract
The article is due to that in view of the dynamically developing processes of globalization of the world community, it is vital to identify a verified list of threats to national security. Are the key provisions of the methodological apparatus of comparative analysis of strategic planning documents in the area of national security, developing comparative (comparative) research method in the field of national security.

WORLD ECONOMY

27-37 1314
Abstract
In recent years, the concept of “new normality” has been widely used in China, which was developed in the context of slowing the dynamics of the country’s economic development in the previous years. The concept is based on the premise that a slowdown in economic growth is a natural process, conditioned by objective reasons, and the existing growth indicators will continue in the foreseeable future. At the same time, it is stressed that China’s economic development is much faster than in other countries, and the PRC has every opportunity to even strengthen its role as one of the main participants and locomotives of the world economy. In China, it is stressed that over the years of the reform policy, the size of the Chinese economy has grown significantly, the country has entered the second place after the US in terms of GDP in the world and the existing indicators are not low at all. At the same time, the “new normality” (xin changtai) presupposes the main emphasis in the work of the government not on accelerating the rates of economic growth, but on ensuring the qualitative development of the economy.
38-45 850
Abstract
An issue of banks market integration is being extremely vital for the economies of the Eurasian Economic Community (EEU) while the economy crisis is on. The article observes the current situation, describes special issues of financial integration within EEU, mentions the barriers which the banks’ integration faces and the future perspective of banks integration into the financial market of the EEU. It proposes some main measures to be taken for further harmonisation of the legal framework in the banking sector and for establishing a unified market of banking services within EEU. Moreover it describes the main indicators for securities market development and also mentions the problems of stock markets integration for the EEU states. The article identifies the complications of overall development and it states the out-coming complexity of integration. Finally the article sets the list of tasks initially to be solved for an efficient integration into the EEU financial sector.

SPATIAL ECONOMY

46-57 1496
Abstract
The article considers main concepts of spatial development. It, in principle, cannot be uniform, which is confirmed by the central-peripheral theory and studies of processes of spatial concentration of the economy, including within the framework of the “new economic geography” of the middle and the end of the 20th century. In the conditions of a super-centralized management system and the huge inertia of the Russian space, institutions (political, financial, etc.) play a special role, which allow reducing the objective barriers to the development of regions and cities, making maximum use of their competitive advantages. The author analyzes in detail the barriers to Russia’s spatial development, as well as the experience of carrying out an incentive and equalizing regional policy. With a general assessment of the problem of regional inequality, highlighted are the most important aspects that are necessary to understand the “corridor of opportunities” for Russia’s modernization and development. In conclusion, six main vectors of spatial strategy are briefly formulated, based on the evaluation of development trends not only in a crisis, but also in a longer retrospective.

FINANCIAL ANALYTICS

58-69 382
Abstract
This article is a continuation of the first work done on the State task of the Financial University of 2013 [1-3], in which the classification of the regions of the Russian Federation according to the state statistics for 2005-2011 was proposed. Over the past period, the relevance of the issues has not decreased, and Russia’s gap in the number of subjects of the federation from the nearest “pursuers” (USA, Brazil, Germany, Canada) with the addition of the Crimea has only increased. Classification analysis of Russian regions remains a time-consuming task, as each region is unique in something and it is difficult to find something in common. We continued the analysis of the period data from 2005 to 2011 (before the crisis, the crisis and the initial stage of recovery), and also supplemented it with data from 2012-2014 about a new crisis. We wanted to advance in obtaining a tool for monitoring the financial viability of the regions and to test it in real and changing conditions. Work is continued also to assess the quality of statistical data contained in the Rosstat database, which precedes the classification analysis itself.
70-73 509
Abstract
The article describes the project for the establishment of financial social network in Russia, focused on the solution of small and medium-sized businesses’ financial problems. In the text article determines the overall structure of the project, reveals the stages of implementation and the main aspects of functioning. The effectiveness of the project is getting grounded, - as for the growth of the national economy, and same for the entrepreneurs.
74-81 755
Abstract
The article describes the main statistical measures characterizing the key indicators of the competition level of the Russian banking system subjects countrywide and in the regional context. Utilizing common statistical tools of economic significance assessment of financial institutions, a dynamic analysis of banking competition level concentration was held. Dynamics of the main indicators, characterizing the saturation with financial and banking services of the Russian Federation regions, was assessed with regard to a long downward trend of the number of credit institutions. In order to analyze the availability of banking services in Russian regions, indices of total provision and relative attractiveness were evaluated. Quantitative and qualitative characteristics of level and dynamics of banking concentration were considered in depth, geographically and countrywide, with application of Herfindahl-Hirsehman index. Also, an analysis of concentration level of banking system assets was conducted. For this purpose, clusters of credit organizations distribution were considered depending on the value of their assets and their regional allocation.

EXPERT REPORT

82-92 485
Abstract
The article discusses the Rating of regional academic activity (Economics) for 2013-2015, which was built in the Financial University under the Government of the Russian Federation. Subject of research: Russian market of scientific research. Purpose of work: the study of spatial models of domestic scientific market. The results of the study allowed to conclude that the total concentration of the market scientific studies. An increasing number of regions excluded from the competitive process on the national market research. Almost all subjects of economic science are grouped in a limited spatial area, whereas other regions remain without prospects for further development. It discusses the possible implications of emerging trends and ways to overcome the problems identified.

ЭКОНОМИЧЕСКОЕ НАСЛЕДИЕ

93-104 1037
Abstract
During the First World War, nationalization of the economy of the belligerent countries takes place. The war was extremely long and devastating. This was a surprise for all belligerent countries. The fact is that the experience of past wars (Franco-Prussian, Balkan) made me expect the opposite. However, the high level of military equipment achieved did not allow us to receive rapid military successes on the fronts of the First World War. To mobilize resources, the governments of the belligerent countries were forced to abandon the market methods of regulating the economy in favor of the command. In Germany and Great Britain, this process covered both industries and agriculture. This experience meant the beginning of the transition from a purely market economy to a mixed one and proved extremely tempting for the Bolsheviks in the construction of a new economy in Soviet Russia. The practice of “military communism” showed the extraordinary possibilities of administrative-command methods of government. During the period of forced industrialization and complete collectivization, an administrative-command system is being formed.


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ISSN 2220-6469 (Print)
ISSN 2220-7872 (Online)