Prospects for Integrating Stock Markets of the EAEU Countries in the Context of the Digital Economy Development

DOI: 10.33917/es-5.203.2025.34-39

The article identifies characteristics and development trends of the stock markets of the EAEU member countries in the context of the digital economy’s development. It outlines the main challenges facing the development of the stock markets of the EAEU countries. The author substantiates the importance of harmonizing national legislation and creating a common digital architecture to improve the efficiency of risk management and to strengthen integration of the stock markets of the EAEU member countries. It is concluded that digital transformation is a key factor in overcoming differences in the development of stock markets in the EAEU countries.

References:

1. Terenichenko A.A. Sravnitel’no-pravovoy analiz razvitiya rynka tsennykh bumag stran — uchastnits Evraziyskogo ekonomicheskogo soyuza [Comparative Legal Analysis of the Development of the Securities Market of the Countries Participating in the Eurasian Economic Union]. Agrarnoe i zemel’noe pravo, 2017, no 3(147), pp. 42–46.

2. Kulakova E.V. Vozmozhnosti i perspektivy integratsii EAES v finansovoy sfere [Opportunities and Prospects for Integration of the EAEU in the Financial Sector]. Mir novoy ekonomiki, 2017, no 2, pp. 38–45.

3. Shvaygert D.V. Institutsional’noe razvitie integratsii infrastrukturnykh organizatsiy fondovykh rynkov SNG i EAES [Institutional Development of Integration of Infrastructure Organizations of Stock Markets of the CIS and the EAEU]. Human Progress, 2015, vol. 1, no 4, pp. 60–79.

4. Dogovor o Evraziyskom ekonomicheskom soyuze (podpisan v g. Astane 29 maya 2014 g.) (red. ot 25 maya 2023 g.) (s izm. i dop., vstup. v silu s 24 iyunya 2024 g.) [Treaty on the Eurasian Economic Union (signed in Astana on May 29, 2014) (as amended on May 25, 2023) (as amended and supplemented, entered into force on June 24, 2024)]. Konsul’tant, available at: https://www.consultant.ru/document/cons_doc_LAW_163855/

5. Principles of the trading system. WTO, available at: https://www.wto.org/english/thewto_e/whatis_e/tif_e/fact2_e.htm

6. Prilozhenie N 17 k Dogovoru o Evraziyskom ekonomicheskom soyuze (Protokol po finansovym uslugam) [Appendix No. 17 to the Treaty on the Eurasian Economic Union (Protocol on Financial Services)]. Konsul’tant, available at: https://www.consultant.ru/document/cons_doc_LAW_163855/6e98d66c53206813800fdef7b3692dbc90f83c79/#dst103788

7. Prilozhenie N 1 k Protokolu po finansovym uslugam [Appendix No. 1 to the Protocol on Financial Services]. Konsul’tant, available at: https://www.consultant.ru/document/cons_doc_LAW_163855/823373b5e42b9e5d815887166f0f639070b50f13/#dst103974

8. Kontseptsiya formirovaniya obshchego finansovogo rynka EAES [The Concept of Forming a Common Financial Market of the EAEU]. EEK, available at: https://eec.eaeunion.org/comission/department/dofp/conception.php

9. Rasporyazhenie Soveta Evraziyskoy ekonomicheskoy komissii ot 23 noyabrya 2020 g. N 27 “O plane meropriyatiy po garmonizatsii zakonodatel’stva gosudarstv — chlenov Evraziyskogo ekonomicheskogo soyuza v sfere finansovogo rynka” [Order of the Council of the Eurasian Economic Commission of November 23, 2020 No. 27 “On the Action Plan for the Harmonization of the Legislation of the Member States of the Eurasian Economic Union in the Financial Market”]. EEK, available at: https://www.consultant.ru/document/cons_doc_LAW_371826/1c69fbe37d5087eb211e769dda5826d3b35fba97/

Concept of Standardization in the Cryptosphere

DOI: 10.33917/es-4.196.2024.54-61

The article dwells on the Concept of standardization in the cryptosphere in the Russian Federation, which includes substantiation of the need for standardization in the cryptosphere, definition of the “cryptosphere standard” term, types of cryptostandards, principles and tasks of standardization, provisions for organizing standardization in the country, stages of standardization. Particular attention is paid to the content of crypto standards and their role in increasing the efficiency of the country’s economy.

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Artificial Intelligence as a Tool for Strategizing Innovation Development of Russia

DOI: 10.33917/es-3.195.2024.50-59

Innovation is a key factor in the modern economy development. At the same time, strategic planning in the context of innovation development is a primary step towards scientific and technological leadership and sovereignt y. In the modern world, key powers are investing enormous amounts of money in the race for leadership in the field of ar tificial intelligence, defining innovation for the coming years and decades. At the moment most countries, including Russia, have already formed their strategic vision for this sphere’s development. If we consider ar tificial intelligence technologies not just as a way to automate production processes, but as a tool to transform the entire economy due to the synergistic ef fect from introducing these technologies, then the question of the current role of AI in strategizing innovation becomes paramount. Analysis of the relationship between strategic planning documents and the National AI Development Strategy will mak e it possible to identify its place in the existing hierarchy of strategic documents and, as a result, to determine the strategy’s potential in stimulating Russia’s innovation development and economic transformation.

References:

1. Ukaz Prezidenta RF ot 10 oktyabrya 2019 g. N 490 “O razvitii iskusstvennogo intellekta v Rossiyskoy Federatsii” [Decree of the President of the Russian Federation dated October 10, 2019 No. 490 “On the Development of Artificial Intelligence in the Russian Federation”]. Garant, available at: https://base.garant.ru/72838946

2. Porter M. Konkurentnaya strategiya. Metodika analiza otrasley konkurentov [Competitive Strategy. Methodology for Analyzing Competitors’ Industries]. Moscow, Al’pina Pablisher, 2015, 435 p.

3. Khamel G., Prakhalad K.K. Konkuriruya za budushchee. Sozdanie rynkov zavtrashnego dnya [Competing for the Future. Creating Tomorrow’s Markets]. Moscow, Olimp-Biznes, 2014, 288 p.

4. Kvint V.L. Kontseptsiya strategirovaniya [Concept of Strategizing]. Kemerovo, Kemerovskiy gosudarstvennyy universitet, 2022, 170 p., DOI: 10.21603/978-5-8353-2562-7

5. Artificial Intelligence Index Report, 2023. Stanford University, available at: https://aiindex.stanford.edu/report/

6. Pasport FP “Iskusstvennyy intellect” [FP Passport of “Artificial Intelligence”]. Konsul’tantPlyus. Sudebnye i normativnye akty RF, available at: https://sudact.

ru/law/pasport-federalnogo-proekta-iskusstvennyi-intellekt-natsionalnoi-programmy

7. Indeks gotovnosti prioritetnykh otrasley ekonomiki Rossiyskoy Federatsii k vnedreniyu iskusstvennogo intellekta: Analiticheskiy otchet [Index of Readiness of Priority Sectors of the Russian Economy for Implementing Artificial Intelligence: Analytical Report]. Analiticheskiy tsentr pri Pravitel’stve RF; MGU imeni

M.V. Lomonosova, 2021, 159 p.

8. Kolin K.K. Novyy etap razvitiya iskusstvennogo intellekta: natsional’nye strategii, tendentsii i prognozy [New Stage of Artificial Intelligence Development: National Strategies, Trends and Forecasts]. Strategicheskie prioritety, 2019, no 2(22), pp. 4–12.

Prospects for using digitalization methods in the economy

DOI: 10.33917/mic-3.116.2024.37-40

An analysis of methods for processing digital information and business analytics for civil aviation enterprises is presented using the example of “Data Science”.

References:

1. Gubanova A.V. Digital transformation as a tool for developing the competitiveness of industrial enterprises. Creative economy. 2020;6:17-18. (In Russ.).

2. Zhukovskaya I.V., Akaeva V.R., Kuzmin M.S. Current problems of digitalization of companies using the example of the industrial sector. Microeconomics. 2023;4:51-55. (In Russ.).

3. Ragimkhanov A.V. Systematization of scientific approaches to the study of competitiveness of services: from theory to practice. / A.V. Ragimkhanov, I.V. Zhukovskaya. Microeconomics. 2022;1:75-78. (In Russ.).

4. Official website of the Aeroflot company. URL: https://ir.aeroflot.ru/ru/company-overview/traffic-and-financial-highlights/

Digital Silk Road: Strategic Choices and Challenges

DOI: 10.33917/es-4.190.2023.30-39

In the face of tough international competition in the digital economy, in order to protect national cybersecurity and economic interests, China needs to find a project that is different from the West. This is how the Digital Silk Road looks like today. Through this route China may connect the Eurasian countries and counter US sanctions. The present article dwells on strategic importance of the Digital Silk Road for China and makes suggestions on what role Russia should play in this project.

References:

1. National Research Council et al. Funding a revolution: Government support for computing research. National Academies Press, 1999.

2. Ashmanov I. Rossiya — uzhe tsifrovaya koloniya? [Is Russia Already a Digital Colony?]. Oktagon, 2020, 24 iyunya, available at: https://octagon.media/istorii/rossiya_uzhe_cifrovaya_koloniya.html.

3. Syan Kun. Konnotatsiya, struktura i puti razvitiya stroitel’stva Tsifrovogo shelkovogo puti s tochki zreniya tsifrovoi ekonomiki [Connotation, Structure and ways of Developing the Construction of the Digital Silk Road from the Digital Economy Perspective]. Western Forum, 2017, no 27(6), pp. 11–16, available at: http://www.cqvip.com/qk/81565c/201706/7000410580.html.

4. Van Daochzhen. Kitaisko-v’etnamskoe sotrudnichestvo v oblasti tsifrovoi ekonomiki s tochki zreniya Tsifrovogo shelkovogo puti [Sino-Vietnamese Cooperation in the Field of Digital Economy from the Perspective of the Digital Silk Road]. Zhurnal Ekonomicheskogo universiteta Khubei, 2021, no 19(3), available at: http://qks.hbue.edu.cn/_upload/article/files/02/a7/3935d59c49a6af985b6ea937f193/1864296a-bdf2-4219-a6d9-e0c48e85c4ad.pdf.

5. Ministerstvo torgovli Kitaiskoi Narodnoi Respubliki [Website], available at: http://chinawto.mofcom.gov.cn/article/e/r/202211/20221103366410.shtml.

6. Videnie i deistviya po sodeistviyu sovmestnomu stroitel’stvu Ekonomicheskogo poyasa Shelkovogo puti i Morskogo Shelkovogo puti XXI veka [Vision and Actions to Promote Joint Construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road]. Gosudarstvennaya administratsiya po regulirovaniyu rynka, 2015, available at: http://www.cnca.gov.cn/rdzt/2017/ydyl/qwfb/201705/t20170531_54404.shtml.

7. Kitai i arabskie strany sovmestno stroyat “Shelkovyi put’ onlain” [China and Arab Countries are Jointly Building the “Silk Road Online”] // Agentstvo novostei Sin’khua, 2017, available at: https://www.sohu.com/a/190280445_161795.

8. Si Tszin’pin prinyal uchastie v tseremonii otkrytiya Foruma mezhdunarodnogo sotrudnichestva “Odin poyas, odin put’” i vystupil s programmnoi rech’yu [Xi Jinping Attended the Opening Ceremony of the One Belt, One Road International Cooperation Forum and Delivered a Keynote Address]. Kommunisticheskaya partiinaya set’, 2017, available at: https://news.12371.cn/2017/05/14/VIDE1494762601202508.shtml.

9. Perspektivy i vyzovy Tsifrovogo shelkovogo puti [Perspectives and Challenges of the Digital Silk Road]. Sait “Odin poyas i odin put’”, 2020, available at: https://m.thepaper.cn/baijiahao_9356702.

Russia in the Global World of Artificial Intelligence: Assessment by World Rankings

DOI: https://doi.org/10.33917/es-2.182.2022.20-31

Artificial intelligence systems (AI) are rapidly becoming a competitive tool, an important factor in improving the efficiency of socioeconomic reproduction, and even an attribute of the development of human civilization, the core of global and national development projects. Comparative assessments of the degree of development of AIS have also become a tool for influencing the economic strategies of states and companies and supporting their implementation. Determining a country’s place in the global “table of ranks” makes it possible not only to clarify its real status in global competition in AIS but also to identify unaccounted for elements to increase the effectiveness of government initiatives in the field of AIS development

Источники:

1. Glava VEF zayavil, chto kovid sleduet rassmatrivat’ kak dolgosrochnyi vyzov dlya chelovechestva [The Head of the WEF Said That Covid Should be Seen as a Long-Term Challenge for Humanity]. TASS, available at: https://tass.ru/obschestvo/13273357.

2. Krichevskii G.E. NBIKS-tekhnologii dlya Mira i Voiny [NBICS Technologies for Peace and War]. Saarbryukken, Germaniya, Lambert, 2017, 634 p.

3. Ovchinnikov V.V. Doroga v mir iskusstvennogo intellekta [Road to the World of Artificial Intelligence]. Moscow, Institut ekonomicheskikh strategii, RUBIN, 2017, 536 p. (Ceriya: Strategicheskaya analitika)

4. Gonka za tsifrovym prizrakom [Chasing the Digital Ghost]. Kommersant, 2019, June, 24, available at: https://www.kommersant.ru/doc/4003879.

5. Kalyaev I.A. Iskusstvennyi intellekt: kamo gryadeshi? [Artificial Intelligence: Whither Goest Thou?]. Ekonomicheskie strategii, 2019, no 5, pp. 6–15, available at: DOI: https://doi.org/10.33917/es-5.163.2019.6-15.

6. Markoff J. A learning advance in artificial intelligence rivals human abilities. The New York Times, 2015, available at: https://www.nytimes.com/2015/12/11/science/an-advance-in-artificial-intelligence-rivals-human-vision-abilities.html.

7. Ageev A.I., Loginov E.L., Shkuta A.A. Kitai kak neiroinformatsionnaya megamatritsa: tsifrovye tekhnologii strukturirovaniya kognitivnykh ansamblei poryadka [China as a Neural-Information Megamatrix: Digital Technologies for Structuring Cognitive Ensembles of Order]. Ekonomicheskie strategii, 2021, no 1, pp. 50–61, available at: DOI: https://doi.org/10.33917/es-1.175.2021.50-61.

8. European approach to artificial intelligence. European Commission, available at: https://digital-strategy.ec.europa.eu/en/policies/european-approach-artificialintelligence.

9. Proposal for a Regulation of the European parliament and of the Council laying down harmonised rules on artificial intelligence (artificial intelligence act) and amending certain union legislative acts. EUR-lex, available at: https://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1623335154975&uri=CELEX%3A52021PC0206.

10. Artificial Intelligence: A European Perspective. European Commission. URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC113826.

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

DOI: https://doi.org/10.33917/es-6.180.2021.134-142

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.

Источники:

1. Tsifrovoe desyatiletie. V nogu so vremenem [Digital Decade. In Step with the Times]. PriceWaterhouseCoopers, 2017, available at: https://www.pwc.ru/ru/publications/global-digital-iq-survey-rus.pdf.

2. Tsifrovaya Rossiya: novaya real’nost’ [Digital Russia: New Reality]. McKinsey, 2017, available at: https://www.mckinsey.com/ru/~/media/mckinsey/locations/europe%20and%20middle%20east/russia/our%20insights/digital%20russia/digital-russia-report.pdf.

3. Pasport federal’nogo proekta “Tsifrovye tekhnologii” [Passport of the “Digital Technologies” Federal Project]. Tsifrovaya ekonomika, available at: https://files.data-economy.ru/Docs/FP_Cifrovye_texnologii_pdf.

4. Internet of Things, IoT, M2M market in Russia. TADVISER, available at: https://tadviser.com/index.php/Article:Internet_of_Things%2C_IoT%2C_M2M_%28Russian_market%29#IDC:_The_Internet_of_Things_market_in_Russia_will_grow_to_.249_billion_in_2020.

5. Kaczorowska A., Sloniec J., Motyka S. Comprehensive methods of evaluation and project efficiency account. Proceedings of the 2016 Federated Conference on Computer Science and Information Systems, 2016, Institute of Electrical and Electronics Engineers Inc., pp. 1159–1168.

6. The State of Today’s IT: Process Maturity, Business Alignment, and Digital Transformation. HDI, available at: https://www.thinkhdi.com/~/media/HDICorp/Files/Industry-Reports/state-of-todays-IT-2017.pdf.

7. SDG Digital Investment Framework — A whole-of-Government Approach to Investing in Digital Technologies to Achieve the SDGs. International Telecommunication Union, available at: https://www.itu.int/pub/D-STR-DIGITAL.02-2019.

8. 2021 List of IoT Platforms Companies. IOT-ANALYICS, available at: https://iot-analytics.com/product/list-of-iot-platform-companies/

9. APQC Cross Industry Process Classification Framework version 7.2.1. APQC. 2021, available at: https://www.apqc.org/resource-library/resource-listing/apqcprocess-classification-framework-pcf-cross-industry-excel-7.

10. Porter M. Konkurentnoe preimushchestvo: Kak dostich’ vysokogo rezul’tata i obespechit’ ego ustoichivost’ [Competitive Advantage: How to Achieve High Result and Ensure Its Sustainability]. Moscow, Al’pina Pablisher, 2016, 1020 p.

On Modernization of Information Services for the National Economy Production Cluster

DOI: https://doi.org/10.33917/es-2.176.2021.128-133

The purpose of the present article is to draw the specialists’ attention to the fact that in order to create a self-sufficient and competitive national economy, it is necessary to start developing a new generation information service, primarily for its production cluster. The submission discusses how this can be done

Digital Citizen and Digital Society: the Impact of Individual and Society on Achieving National Strategic Goals

DOI: https://doi.org/10.33917/es-2.176.2021.22-37

Russia faces a critical choice. The world civilizational shift objectively determines the new roles of the individual, society, state and new models of their relationships and mutual influences. The digital citizen and the digital society are becoming the main factors of success in achieving national strategic goals, the balance of individual and social development forms the social order of the 21st century in Russia

On the Role of Communication Environment for Creating Industrial Products

DOI: 10.33917/es-1.175.2021.122-127

The article discusses the place and role of a new generation of communication environment in the industrial products creation. At the same time it is proposed to distinguish, when describing and placing in the software environment, products for production purposes and final consumption products for the population. For industrial products the function of developing a “building material” and technologies of declared for development of end-use products of all types is defined. The level of industrial products development also determines the development level of the economy as a whole, its self-sufficiency and competitiveness. An approach to developing a communication environment for industrial products as the basis for a cluster of the modern version of “Silicon Valley” is considered