Results of the First Quarter of Stability with the Crisis Trend 2019: Macroeconomic

DOI: 10.33917/es-4.162.2019.60-65

Changing of a conjuncture index of “Economic strategy” (CIES) for the first quarter of 2019 is considered. The contribution of indicators of supply and demand in CIES is estimated. The analysis of industrial production is carried out

Statistics as Undervaluated Tool of Strategic Management

DOI: 10.33917/es-4.162.2019.50-59

Today, serious miscalculations in management are associated with ignoring statistics as a powerful tool that makes it possible in the conditions of unprecedented growth of information flows and, in particular, inadequate information, to fairly and reliably analyze trends and dependencies, as well as predict social and economic phenomena and processes. Moreover, it is necessary to recognize that, at present, the statistical literacy of analyst experts, as well as officials, managers of various levels, politicians and ordinary citizens, is at a level that does not allow to solve topical practical problems of statistical support of management processes, correctly read / interpret statistical information. In this context, it is necessary to pay special attention to the preservation and gradual restoration of statistical education and the image of statistics as a whole

Technological Order VI: the Space of Opportunities

There is much in common between the concepts of “technological order”, “engineering approach”, “mode of production”, “development phase”, “socio-economic formation”. In all cases we are talking about identifying certain successive stages of the civilization evolution, at that analysis is based on the production process. If such a study is retrospective, it undoubtedly refers to Marxist historiosophy and represents a meaningful attempt to give meaning to history. If the analysis has got promising, prognostic character, if it draws new ways of developing society and discusses other types of resources and other geography of conflicts, we are no longer dealing with history and philosophy, but with politics, with the struggle for redistributing markets and highly likely war.

Recombination of Developing Countries’ Debts to Russia: Conversion of Financial Debt in the Long-Term Lease of Property Assets

The article aims to consider the possibilities of handling the developing countries’ debts to Russia. A model for converting financial debt into long-term lease of property assets (territory, water area, etc.) is proposed. Recombination of debts for the long-term lease of territory will allow our country to achieve geostrategic results now or postpone it for the future, when it becomes especially profitable for us. This model of setting off (paying) the debt of the debtor country for Russia’s right to lease a part of the debtor country’s territory for 100 years ahead with exclusive use rights like a special economic zone should protect the interests of Russia and Russian companies, with regard to possible future situations of both peaceful and military character. Experience of the USA, which leased Alaska from the Russian Empire and is still giving it back, confirms the proposed model effectiveness

Crisis?! What Crisis?

#2. Breakthrough Betting
Crisis?! What Crisis?

Considering all the measures taken by central banks of the leading countries to overcome the global financial crisis of 2007–2009, one might have expected that economies would grow at a higher pace. However, their growth remains rather unstable. This puts the question of how modern economy retains the capability to adequately respond to applied measures of impact.

Macroeconomic Policy and Structural Changes: Alternatives Transmission Mechanism

#2. Breakthrough Betting
Macroeconomic Policy and Structural Changes: Alternatives Transmission Mechanism

The issue of the connection of current macroeconomic policy measures and structural changes is being investigated. Approaches that focus on the behavior of macroaggregates, as a rule, do not take into account the structural and institutional characteristics of the economic system. These characteristics are now becoming relevant in the field of economic development. Macroeconomic policy is based on a transfer mechanism, which is a set of measures and instruments that affect economic dynamics. However, until now the transfer mechanism of macroeconomic policy has changed, without taking into account structural and institutional characteristics — the Keynesian prescriptions have been replaced by monetarist, “offer economics”, “real cycle theory”, and theoretical generalizations were the basis of the transfer mechanism. The modern economy is changing so rapidly that the fundamental generalizations lag behind the pace of these changes, which leads experts responsible for macroeconomic policy to develop measures according to the practical feasibility and vision of solving certain problems, sometimes based on a priori established connection of individual parameters, for example, the money supply and GDP, inflation and employment levels, or inflation and money supply, etc. Usually the presence of feedbacks is considered weakly, as well as does not subordinate the measures of the current policy of the country’s development strategy, since the strategic program is simply another set of tools that should lead to different results.

Significant Growth: is it Possible to Believe?

#2. Breakthrough Betting
Significant Growth: is it Possible to Believe?

Changing of a conjuncture index of “Economic strategy” (CIES) for 2018 is considered. The contribution of indicators of supply and demand in CIES is estimated. The analysis of industrial production is carried out.

Investment Practices of Russia and Syria: Comparative Analysis

#1. Minds Confusion
Investment Practices of Russia and Syria: Comparative Analysis

Military operations in the Syrian Arab Republic affect foreign investment in the country. Despite this, Russia continues to cooperate with Syria in the investment field. Judging by Syria’s internal potential, peculiarities of its geopolitical situation in the region, as well as international trends and strategies of Russia’s foreign policy, the Syrian Arab Republic maintains its relations with the Russian Federation within the framework of the forces center policy and against the background of the prestige policy. At the same time, towards Russia Syria pursues completely different foreign policy than in relation to other countries. Exploring investment activities in Syria and Russia’s participation in the Syrian economy through investments, the author draws up a conclusion that Russian enterprises’ entry into the Syrian market after the conflict stabilization should be based on the principles of leasing. The most interesting form of cooperation from the Russian point of view will be interaction in the mining industry (oil, phosphates) and agriculture.

Russia’s Foreign Economic Strategy in the Context of a Changing Model of International Economic Integration

#1. Minds Confusion
Russia’s Foreign Economic Strategy in the Context of a Changing Model of International Economic Integration

Existing model of international economic integration faces a number of limitations impeding further development of globalization. Using the example of the US metallurgical industry, the article shows that globalization can cause negative consequences for the developed countries economies, including the erosion of national security. The work notes the presence of a discrepancy between the target and ideological purposes of the “Foreign Economic Strategy of the Russian Federation” and the changed external conditions for the national economy development. Normalization of the imports presence in the domestic market is a necessary step towards diversifying the economy and increasing non-commodity exports. In the new model of international trade, which is formed on the basis of China’s foreign economic relations, Russia may occupy a niche of infrastructure solutions supplier in the field of energy, technologies of natural resources extraction, as well as military equipment and weapons to ensure the sovereignty of countries that extract and export natural resources.

Economic Sanctions Against Russia: Damnation of Decrease or Springboard for Free Flight?

#8. Ideas Change the World
Economic Sanctions Against Russia: Damnation of Decrease or Springboard for Free Flight?

2000s and 2010s are usually called “transition period”. On the one hand, during this time we observe the strengthening of the international cooperation actively being started with reforms under the rules of the G20 as the response to the intensification of global financial system’s development internal contradictions and the emergence of global economic crisis. On the other hand, these years are characterized by an increased level of conflicts manifested in the vigorous and collective application of sanctions and the declaration of trade wars. The subject of the article is especially relevant for Russia having been already sanctioned for 5 years. The purpose of this research is to analyze the impact of sanctions on the target economy. The paper provides a brief description of the existing sanctions against Russia since 2014. The second part of research is devoted to the identification of conditions for the effectiveness of economic sanctions. The third section includes the analysis of the negative sanction effect’s reasons and evidence. Finally we provide arguments in favor of real and potential opportunities for Russia to obtain economic benefits from the sanctions. In 2014–2016 we observed the negative effect of economic sanctions expressed in the form of losses and lost profits and caused as logical consequence of Russian economy’s development features. There are preconditions for creating a positive effect from sanctions — an impulse that can bring Russian economic system to a qualitatively new stage of growth. These positive trends need to be developed and sustained by domestic government support.