Economic Growth and Inequality: Revision of the Economic Policy


Alexander Nikolaevich Nesmeyanov, one of the most underestimated presidents of the Academy of Sciences, was a great originalminded scientist who opened up organoelement chemistry to the world as an independent science and later on — an artificial food, to which the world turns again after several decades. These milestones of his biography are well known to scientific community, as well as his leadership of Moscow State University during the new complex construction on the Lenin Hills, creation of INEOS and VINITI. 10-years period of his biography, when he was a President of the USSR Academy of Sciences, is much less known. It was in this position that he manifested enormous talent as an organizer of the country’s modern science management system, where the Academy of Sciences played an important role. Many thoughts and deeds of A.N. Nesmeyanov are especially relevant today.

National mineral wealth as the basis of the country’s economic development

DOI: 10.33917/mic-1.96.2021.72-80

The article considers the reflection of the national mineral wealth in the system of national accounts, shows the availability of reserves of some types of mineral raw materials taken into account in the current assessment system. The main problems are identified and proposals are made for the methodological link between the indicators for assessing mineral resource wealth of the subsoil with the system of national accounts and the assessment of the country’s GDP. An example of evaluating the value of multicomponent apatite-nepheline ore is given. Measures are proposed to link the national mineral wealth with an assessment of the country’s GDP in the national accounts, increasing the level of rational use of mineral resources, comprehensive utilization of multicomponent ores.

On Some Factors of Economic Growth and Regional Development

DOI: 10.33917/es-6.172.2020.78-85

For several years, there has been a considerable interest in the development of regions and their contribution to the national economy, both in Russia and in foreign countries. The regions are characterized by uneven economic development and the amount of taxes and fees going to the Federal budget. Moreover, in Russia, this unevenness in regional development is particularly strong, which is facilitated by tax policy that affects the reduction of regional tax independence and does not encourage the regions to develop their income base. The task of achieving a balance between donor and recipient regions, reducing the number of subsidized regions, and creating incentives to increase their incomes and economic growth is one of the most actual problems of Russian economic policy.

Labour Potential of the Enterprise: New Forms of Activation

DOI: 10.33917/es-6.172.2020.130-137

The article examines motivational interests that provide economic growth in the context of transformation process. It is proved that the main role is played by integrated interests of technologically related relations in terms of the result-based indicator. It is substantiated that material incentives, though being one of the most important factors in enhancing labour potential, do not reveal the depth of motivational essence of labour relations and lead to decrease in the activities efficiency. The purpose of this study is to develop a mechanism for activating labour processes, on which the efficiency of using resource potential and economic growth depend.

National Digital Currency: a Look into the Future

DOI: 10.33917/es-5.171.2020.74-81

Demographic crisis remains one of the main challenges to socio-economic development of Russia. The COVID–19 pandemic

has aggravated preconditions for a possible recovery from depopulation. The present article substantiates the need to develop and approve the RF social doctrine upon completion of national projects in 2018–2024. The authors suggest their own approach to overcoming the socio-demographic crisis with regard to the long-term demographic dynamics in Russia. Various scenarios of the “post-coronavirus” future of both specific countries and the world as a whole are proposed

Structure of Economic Growth of the Countries of the Eurasian Union

DOI: 10.33917/es-2.168.2020.112-123

The purpose of the study is to determine the existing growth models of the countries of the Eurasian Union by GDP expenditures and sectors (manufacturing, transactional raw materials). The research methodology is a macroeconomic analysis of the dynamics of the main indicator of economic development — gross domestic product. The research method is a structural analysis that allows you to get a structural formula for calculating the contribution of each component of GDP to the growth rate, as well as a comparative analysis of the dynamics models of the countries in question — Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia. The result of the study is the obtained structural relationships that make it possible to measure the influence of the investment structure on the growth rate, the criteria describing economic growth with a corresponding change in the country’s national wealth, as well as the identification of models of economic dynamics by the countries of the Eurasian Union. It is indicative that the transaction sector dominates in Kazakhstan and Russia, while in other countries a mixed model is found, or industrial growth as in Belarus. According to the components of GDP and expenditures of the country, either a mixed or a consumer model is found (Kyrgyzstan, Russia), however, the contribution of government spending to the growth rate is provided only in Kazakhstan. It was also revealed that the reaction to the crisis of 2009 and 2015 was fundamentally different for the countries of the Eurasian Union. The search for the factor conditions of such a prevailing dynamics, as well as the influence of union economic relations on the formation of a growth model in each country, requires an expansion of research and an analytical perspective

In Expectation of Investment Growth

DOI: 10.33917/es-8.166.2019.16-23

At the present moment Russia faces the problem of increasing the economic growth rates to the average world rates. As the country economy was in crisis and post-crises conditions for several years, so the effective measures should be taken in all economic fields. Here, the question of investment activity comes to the fore. In spite of the fastening in economic growth as of 2018 according to the official data, investments in Russia in conditions of a high external and internal uncertainty have not yet recovered to pre-crisis level. The article raises the issue about necessity of creation a conductive investment environment, special measures and programmes orientated on the local and foreign investors which can help to increase the investments volume and quality and to promote Russia’s economic growth

Key Challenges of the Modern World: Known and Unknown

DOI: 10.33917/es-6.164.2019.6-17

On February 19, 2019, a round table on the topic “Key Challenges of the Modern World: Known and Unknown” was held at the Public Chamber of the Russian Federation. It was organized jointly with the expert-discussion club NGO “Analytica” Association” and the International Research Institute for Advanced Systems. A presentation on the topic “Key challenges of the modern world: known and unknown” was made by Ernst Ulrich Weizsacker, co-chairman of the Rome Club (2012–2018), co-author of the anniversary report of the Rome Club “Come On! Capitalism, myopia, population and destruction of the planet”, which caused a real stir in 2018 by its appeal to the world community to give up such familiar things as, for example, using GDP as an indicator of economic growth or animal breeding, which the report authors considered to be the source of the greatest damage to ecology

All This Jazz. Strategic Trends in 2018

#2. Breakthrough Betting
All This Jazz. Strategic Trends in 2018

The article is a review of strategic trends of the past year, which has become traditional for the Economic Strategies magazine. According to the authors, despite the fact that the year was not particularly remarkable, a number of significant events occurred. The main trend of the year was the confrontation of President Trump and the Democrats. This reflects the trend of cyclical development, when at a certain point a concentration of efforts of one or another nation occurs, and, if it is successful, then external expansion follows. Currently, the US foreign expansion, called globalization, does not have sufficient resources for its continuation. The authors describe the situation in nine different areas of the country’s life, corresponding to parameters of the national integral power: economics, foreign policy, army, territory, natural resources, culture and religion, science and education, population, government.

Some Aspects of the New State Budget

#8. Ideas Change the World

The article discusses some aspects of the federal budget of the Russian Federation, which was adopted by the State Duma in November 2018. It is noted that parameters incorporated into the budget in conditions of economy stagnation are unlikely to stimulate growth.