No 1 (2016)
TO 110TH ANNIVERSARY OF THE PLEKHANOV RUSSIAN UNIVERSITY OF ECONOMICS
3-9 386
Abstract
The article deals with Moscow University academics who played an important role in establishing the Moscow Commercial Institute (at present the Plekhanov Russian University of Economics). When 'University Liberties' were eliminated in 1910-1911 a group of prominent scientists of Moscow University abandoned their offices and continued lecturing and researching in the first economics institution in Russia. In this way we can observe a persistent link between the two educational institutions. Academics and graduates of Moscow University working in the Plekhanov Russian University of Economics have made a great contribution to training professionals for economy of the country, to the development of Russian science.
EDUCATION INNOVATIONS
10-16 318
Abstract
The results of studying mathematics in higher school form for researchers the foundation for the development of science and for users, including economists - the instrument for decision-making. The development of science brings new subjects to the education system, which causes the reduction of time for traditional subjects, including mathematics. The local use of information technologies cannot enable us to reach a major target of education, i. e. the development of logical thinking. The article puts forward a system approach ensuring a conformity between cognitive technologies in mathematical education of economists and information technologies used in education. The authors show that this approach must be based on monitoring the parity between the mentioned technologies in order to update the ground of sums and tasks, as well as structure, content and methods of delivering the material.
FINANCE, MONETARY CIRCULATION AND CREDIT
17-26 330
Abstract
The article provides a critical assessment of the current structure of the federal budget in conditions of passive economic policy in Russia. Problematic aspects of the draft federal budget 2016 were analyzed in the context of growing adverse trends in Russian economy. Special attention was paid to the assessment of the new format of the draft federal budget 2016, its balancing in conditions of cyclic slump and recommendations aimed at intensifying anti-recession impact of the federal budget on Russian economy. The interconnection of the federal budget and economic policy being pursued in Russia was substantiated and the necessity to revise expenses to raise anti-crisis impact on economy was shown. The authors advanced a methodological approach to estimate the influence of concrete budget expenses on GDP through fiscal multipliers for the period of one, three and five years. Recommendations were offered on structuring budget expenses by the duration of their economic effects and role in stimulating economic activity.
27-34 287
Abstract
The article discusses methodological issues of designing the imitation model for identifying the level of balanced debt of Russian banks' borrowers. The imitation model advanced by the author gives an opportunity to take into account the impact of uncertain factors of the environment on economy and banking business and to find disproportions in the banking system to take steps for their elimination. Calculations made by the author with the help of the said model show growing processes of deleverage in the private sector. At the same time the balanced level of client debt to banks can reduce by 6-10 trillion rubles without interest rate and foreign currency re-estimation in conditions of oil prices going lower than 40USD per barrel.
35-44 314
Abstract
The article deals with the issue of forecasting the dynamics of the interest rate of the European Central Bank as a central bank whose activity aims at supporting price stability and whose interest rate is an indicator showing the direction of monetary and credit policy. The author designed methodology, which allows business entities to use a simplified Tailor rule to forecast the dynamics of the interest rate of the European Central Bank in the short-term outlook (up to one year). The algorithm of forecasting was proposed, sources of initial data were provided, the comparison between the actual interest rate and the interest rate calculated by Tailor rater was made.
45-52 462
Abstract
Regulating the risk of credit portfolio is a major direction of efficient management of the bank's credit work. The principle goal of the process of credit portfolio management is ensuring maximum profitability at a certain level of risk. Qualitative and quantitative assessment of credit portfolio risk is conducted simultaneously with application of analytical and statistic methods. The key stages of managing credit risk are identification of risk and its evaluation, choosing strategy and methods of risk reduction, control over changes in risk degree. The author shows the directions of credit risk minimization and offers the complex system of assessing the financial standing of agents and fixing limits for different bank transactions. This system allows not only to protect the bank against losses but can serve as a basis for conducting active operations, foster the growth of bank's profits, enlarge the number of reliable agents.
53-58 340
Abstract
Budget policy is a multisided notion. Functioning of bodies of state power and realization of tasks facing society and state depend on the availability of funds and tax policy, identifying a share of profit in the country GDP and priorities of budget expenditure. One element of budget policy is budget expenditure performance, which stipulates the necessity to control the efficiency of budget expenses on the part of society. To improve the efficiency of using national resources and to manage by results we should design a system of target indicators and figures to control the efficiency of budget expenditure. The article discusses aspects of managing risks of using national resources as a line of raising the efficiency of budget expenditure. The author substantiates the proposal to raise the quality of state finance control as a method of enhancing the efficiency of budget expenses.
ACCOUNTING AND STATISTICS
59-69 333
Abstract
The article researches methods of measuring unobserved economy. The methods being analyzed are based on statistics of households, the method of factual employment, expert method, etc. Each of them has its own advantages and disadvantages and unfortunately cannot provide full characteristics of unobserved economy indicators. The author comes to the conclusion about the necessity to develop a common methodology for assessing shadow economy in order to come closer to the exact estimation of GDP and other macro-economic figures, to find the concealed share of the real sector of economy and to identify the scale of country 'shadowing'. True information about the shadow share of economy can help to take measures to normalize Russian economy.
THEORY AND PRACTICE OF MANAGEMENT
70-80 384
Abstract
The article deals with problems of sports economics, in particular with legal and finance and economic forms of doing business in game sports. The author investigates alternative forms of arranging sports competitions, which could be well-adapted to market principles and would be built on the concept of state-private partnership as the most efficient form of combining public interests. The author puts forward a market model of establishing the national professional league of handball, which could be applied in other sports as well.
81-87 279
Abstract
The article analyzes theoretical and practical models of shaping and developing industrial policy in current market economy. The author explains the forms of managing industrial policy through organizational and economic mechanism and formulates the definition of 'organizational and economic mechanism of managing industrial policy'. He also analyzes the essence, similarity and difference between industrial clusters and territories of leading development as tools of modernizing industrial policy in Russia and overseas. Efficient foreign models of industrial clusters and business chains are investigated. Conclusions about the importance of using the system of industrial zones and clusters for the development of the real sector and industrial potential of economy were formulated.
MARKETING, LOGISTICS, SERVICE SECTOR
88-94 302
Abstract
The article considers epistemological, sociological, historical roots and reasons for co-working phenomenon and shows stages of developing the forms of creative cooperation among professionals. The author proves that new forms of cooperation in society are feasible only in case new space developed by designer is organized. While discussing opportunities of remote interaction with the employer the author underlines the fact that in such structure as co-working attention should be paid to creative environment, constructive atmosphere, ergonomics of work places and interiors in order to create conditions for fruitful activity of their creative workers and freelancers.
95-100 347
Abstract
In order to make internet trade successful it is necessary to analyze different economic indicators, take into account changing requirements of the market, take steps aimed at increasing profit, minimization of costs and use integrated assessment of the quality of company business strategy. The article deals with business strategy of selling goods in a Russian internet shop. The strategy was designed with regard to different marketing concepts by using various tools. The authors offer a short-term forecast of daily sales on the basis of autoregressive model. Interconnection between key approaches to adopt strategy variations was identified.
MATHEMATIC AND INSTRUMENTAL METHODS
101-107 283
Abstract
The article investigates the influence of one parameter of bond, i. e. due date on its interest risk. This problem for long-term bonds has not been fully studied in theory. Two ways of solving the problem of affecting the bond interest risk by the due date were compared. To do this the results were used that had been obtained by the author through solving tasks about the dependence of Macaulay duration on the due date and relative changes in the bond price. In both cases the task was solved in conditions of certainty with horizontal nature of time structure of interest rates and parallel shifting. For these tasks theorems of digital rows and differentiated functions were applied. The comparison of two ways of solving the task shows similarity of results, which makes it possible to specify the dependence of the interest risk on the due date for long-term bonds.
108-111 262
Abstract
Heavy influence of warmth on a person who deals with thermal treatment of products at public catering enterprises can cause serious impact on his/her health and can result in occupational diseases. By approximation of earlier experimental data equations were found, which give an opportunity to identify the limits of the zone with inadmissible temperatures for heating equipment depending on the distance from the device and temperature of the air. Approximation of experimental data was done by exponential, linear and poly-nominal dependences.
112-121 291
Abstract
The article describes one of the currently existing schemes of mortgage crediting in Russia. Key components of the banking system in view of mortgage crediting were presented, their basic characteristics were displayed. On the basis of this scheme the article builds a system and dynamic model of the bank, which allows us to trace the dynamics of the mortgage market in recent years. Adverse consequences of economic sanctions and volatile nature of the national currency were analyzed. Principle risks typical of mortgage crediting within the period of economic crisis were evaluated. The author puts forward a scenario analysis of prospects of market development in the near future.
REGIONAL ECONOMY
122-129 377
Abstract
The article discusses concepts of designing new models of managing import-substitution in the region by stimulating processes of self-organization of entrepreneurial structure through inter-branch movement of capitals and providing diversification of business. As conceptual positions of this structure pricing paradigm and vertical integration and glocalization are considered, which meet the requirements of system dynamics in conditions of restrictions in full. To realize the importance of methodological approaches to import-substitution the authors proceed from specific features of global economy of the 21st century that is affected by the so-called 'long tails'.
130-138 339
Abstract
Modernization of the system of state administration can allow us to coordinate and in due time fulfill proper functions. The article deals with modern technologies used in regional administration. Integration of these approaches and their upgrading could speed up the process of modernization of regional economy and its branches. The authors disclose the role of e-government and research different aspects of its impact on interconnected elements of regional economy, including those created by a common field for interaction of different target groups (bodies of state and municipal power, population, entrepreneurial structures).
LEGAL POLICY
139-146 335
Abstract
The article investigates the specific legal situation in the activity of collector agencies dealing with recovery of debts of individuals and organizations in the Russian Federation and legal norms that must guide collectors in their work. The notion of collector activity was defined and stages of debt recovery were classified. World practices of such organizations were reviewed and specific legal regulation used in foreign countries was shown. The author explains the necessity to adopt a separate legal act regulating the order of debt recovery by collector agencies and discloses specific interaction of debtors and collector agencies which could prevent the infringement of parties' interests.
WORLD ECONOMY
147-157 1753
Abstract
The article analyzes the prospects of developing integration processes within the frames of the Eurasian Economic Union. Topicality of this problem can be explained by complicated economic situation within which common markets of goods, capital and labour are formed, availability of institutional barriers to integration, low competitiveness of economies that unite on the global market. Resource potential of EAEU is investigated, trade links between country-members are analyzed, promising cooperation projects are considered. On the basis of such analysis a conclusion is made about a clear dominance of Russia as a central link of the Union not only by absolute indicators (supply of resources and output) but by the share in trade balance of partners, volumes of direct investment and positions in value chains. The authors show that barriers on the way of effective integration are formed not only by objective difficulties of combining heterogeneous economics but by mistakes in managing integration processes, in particular poor use of software-target approach, mistakes in goal-setting, ignoring the current problems of balancing budget-taxation and cash-credit policies.
158-166 321
Abstract
Until recently Russian policy for the European Union (EU) differed in uncertainty: on the one hand, the EU was perceived as one of many democratic institutes of Europe which also Russia by an example of the majority of the European countries could enter, with another - process of the European integration was perceived as the phenomenon minor in the Russian policy as traditionally Russia was guided by the bilateral relations with the European states, first of all with Germany, France and Great Britain which were perceived as worthy partners for dialogue. In article answers to the topical issues connected with ways of strengthening of partnership between the states are analyzed. Prerequisites of development of the relations between Russia and the EU in various fields of activity come to light. The author the essence of the main problems arising on the way of cooperation between Russia and the EU locates and proposals on prevention of the reasons of emergence of problem situations are made.
ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)
ISSN 2587-9251 (Online)