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Vol 16, No 4 (2023)
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TOPIC OF THE DAY

6-16 10
Abstract

The subject of the study is institutional changes in the economy, their causes and consequences. The purpose of the work is to show that purposeful changes in the rules on which the international order is based have become an effective method of economic policy both at the national level and within the framework of the world system and international relations, causing systemic dysfunctions that are formed along institutional and managerial contours and are determined by the use of new technologies. The research methodology is based on institutional and comparative analyses, as well as on the author’s theory of dysfunctions to highlight the independent significance of institutional and technological changes. The influence of the dysfunction of institutions and management on the efficiency of the functioning of the economy and the formation of conditions for subsequent institutional transformations is shown. The model of institutional competition is considered and it is proved that, along with competition in products, services, resources and technologies, it is of greater importance in the modern economy, since competition in objects is determined by the institutional conditions of business organization and markets. It is established that economic agents participate in institutional competition by building schemes for lobbying their interests, and institutional competition itself is carried out at the level of public administration —  the legislative and executive branches of government. It is revealed that the transformation of international institutions is currently taking place frontally under the influence of sanctions wars. It is concluded that the dysfunction of institutions and management (control) is the cause of the “administrative trap of rules”, which is shown by the example of healthcare management in Russia, when patients are sent to medical institutions to receive high-tech specialized medical care. The result of the study confirms the author’s argument about the need to build their own internal rules in Russia and overcome external dependence on institutions that generate a regime of institutional competition on the rights of a slave, not a leading participant, as well as reducing the dysfunction of control.

17-34 15
Abstract

The subject of the study is the image of Russia’s national projects in the media space. The relevance of the article lies in the fact that national projects developed in the mid-2010s, which were initially perceived by Russian citizens with enthusiasm and great interest, began to lose their image appeal after the financial crises and the coronavirus pandemic, causing problems in the implementation of reforms. The purpose of the work is to develop measures for image support of national projects, which assume as effects from their implementation not only an increase in the loyalty of the population to the implementation of large — scale economic projects of the authorities, but also obtaining an economic effect. It was revealed that the leading socio-political media of the country publish from 500 to 1000 materials per year with the keyword “national project”, while the most frequent words used in oppositional media are the words — f ailure, corruption, poverty, violations, deadlock, officials, and in publications loyal to the government —  results, indicators, control, methods, problem, solution. It is established that the greatest discursive indicators are observed in such national projects as “Safe and high-quality roads”, “Health care”, “Demography”, “Education”, “Housing”. It is noteworthy that in the entire media field of the country, the most media-visible characters are the President of the Russian Federation V. V. Putin (26%) and the heads of Russian regions, while at the level of federal ministries only Prime Minister M. V. Mishustin is mentioned.

ECONOMICS AND MANAGEMENT

35-42 20
Abstract

The subject of the study is the investment processes that arise during the implementation of Russia’s social policy aimed at solving problems of improving the quality of life of society. The purpose of this study is impact investment, which is actively used for the implementation of social and environmental projects. Due to the fact that the dynamics of its volumes in the world in recent years has shown steady growth against the background of the developing global trends of the financial crisis, the objectives of the work are to establish the characteristics of the ecosystem of impact investment in Russia, to determine the factors constraining its development. Based on the analysis of the concept of impact investment, interpreted differently in the works of various authors, the main participants in the impact investment process are identified, criteria that distinguish transformative investment from other forms of money investment are identified. The author’s model of the impact investment ecosystem is proposed, focused on the national architecture of the financial market. It is concluded that it is necessary to develop separate areas of methodological apparatus for impact investment analysis. It allows not only to describe the interaction of the main participants in this process and financial instruments, but also a system of specific assessment, which can subsequently be laid down as the basis for management decisions by investors and managers of socially significant social and environmental projects. 

43-51 12
Abstract

The current state of the network of banking correspondent relations serving a significant part of cross-border payments and international transactions is of concern to specialists and international organizations. The relevance of the tasks of improving the efficiency of cross-border settlements through correspondent banks determined the choice of the subject and the purpose of the study. The subject of the study is correspondent banking relations in the system of cross — border payments. The purpose of the work is to identify trends in the development of banking correspondent relations in the modern system of global payments, which is being transformed under the influence of digital technologies. The article analyzes the state and development trends of the global network of correspondent banks. As a result of the conducted research, it is concluded that correspondent relations are gradually losing their leading role in national jurisdictions due to the digitalization of national payment systems. However, they are still used in cross-border payments, ensuring the interconnection of payment systems of various levels and multilateral platforms. Digitalization of national and international settlement systems leads to the spread of alternative models of their implementation and the reduction by banks of networks of foreign correspondents to increase the efficiency of the use of funds and reduce costs and risks. However, the gradual degradation of the global system of correspondent banking relations is becoming a serious problem, fraught with an increase in the cost of cross-border payments, a decrease in the availability of settlement and payment financial services for participants in international economic relations, and in the context of increasing sanctions pressure on correspondent banks — fragmentation of the existing global system of cross — border payments.

52-64 16
Abstract

The subject of the study is the evaluation of the effectiveness of an investment project when making a decision on investing in it. The relevance of the work lies in the fact that in the conditions of sanctions pressure on Russia, the importance of state support for the investment activity of counterparties increases significantly. However, there are difficulties with an objective assessment of the effectiveness of investment projects when deciding whether to finance them. In the Russian Federation, there is a fairly broad practice of supporting projects at various levels, which has led to the emergence of a large number of regulatory documents that are sometimes not harmonized with each other and contain incomplete criteria for their evaluation, which ultimately leads to a decrease in entrepreneurial activity. The objectives of the work are a critical analysis of regulatory and methodological documents used to evaluate investment projects with state support and to develop proposals for improving the criteria for evaluating projects taking into account industry specifics (for example, the real estate sector). The scientific novelty of the research consists in the development of a rating methodology for evaluating an investment project in real estate, which allows for a point assessment of the effectiveness of the project as a whole, taking into account the business reputation and financial condition of the initiator of the project. Approaches to the evaluation of investment projects with the participation of the state are classified. Criteria have been developed for evaluating real estate projects, which can be used as the basis of a rating methodology for evaluating the effectiveness of investment projects. It is concluded that the methodology developed by the author makes it possible to evaluate the effectiveness of the project taking into account its economic, social and environmental significance.

65-75 11
Abstract

The subject / topic. The state of the information space in the conditions of the digital revolution and the new realities of the digitalization process affecting all spheres of human activity, including the development of artificial intelligence and robotics to displace human labor through special software tools when performing monotonous and routine production operations. The aim of the article. Generalization of the influence of artificial intelligence on the activities of modern companies and their employees. The study substantiates the need to support domestic companies in the field of software development based on the «market in exchange for investment» mechanism. It involves the conclusion of an agreement between the government and software developers with the status of systemically significant organizations to ensure competitive advantages in the digital environment and replace the largest foreign software companies that have left the Russian market after the start of a special military operation in Ukraine. Automation of robotic processes is considered. Conclusions / significance. Conclusions are drawn about the need to develop an effective state policy of Russia on the introduction of artificial intelligence into production using modern logistics chains.

76-86 17
Abstract

Within the framework of the formed socio-economic agenda, which puts forward as tasks the acceleration of technical and technological development of the branches of the Russian Federation, the introduction of digitalization in all spheres of society, the involvement of university researchers in the implementation of projects most in demand by industrial enterprises. This requires the concentration of the entire intellectual potential and experience of the teaching staff and graduate students, the use of all types of laboratory equipment to solve scientific and practical problems of strategic or commercial value. The subject of the research is the creation of a digital mechanism for assessing the relevance of research projects (R&D) for subsequent selection and inclusion in the plans of scientific activities of universities. The purpose of the work is to provide the most objective assessment of the relevance of research based on the synthesis of expert evaluation criteria, weight evaluation of the direction of research and mathematical processing of multi — criteria evaluation of research projects to determine their priority. Разработана шкала для проведения экспертного анализа проектов НИР с помощью лексических оценок и их перевода в интервальную оценку. An algorithm of multi-criteria ranking of projects has been formed, which provides an opportunity to identify projects that have the highest commercial demand or strategic value.

STATE AND MUNICIPAL ADMINISTRATIO

87-97 17
Abstract

The subjects of the research are the introduction of information systems and the creation of digital platforms as a tool for the digital transformation of the public sector of the Russian Federation in connection with the transfer of the activities of public authorities and business structures to the digital space to optimize and improve the efficiency of their activities. The purpose of the work is to establish effective mechanisms for digitalization of state and municipal administration, as well as state organizations through the use of developing and developing digital platforms. The relevance of this study is due to the tendency of all economically developed countries to digitalize public administration, which has significantly increased after the coronavirus pandemic due to the need to organize stable internal and external interaction of government agencies and business entities in electronic format. The paper analyzes the main legislative acts in the field of digitalization and the activities of state bodies, as well as organizations with state participation; reveals the essence of digital transformation and justifies the feasibility of reorganizing the accompanying business processes on the example of large state-owned enterprises; considers the main information technologies, systems and digital platforms; suggests the most effective approaches to decision-making in the field of digitalization state and municipal management in the conditions of transition to an innovative type of economic development. The conclusion is made about the need for digital transformation in the field of state and municipal services in electronic form as an integral part of the economy focused on an innovative type of development.

98-105 11
Abstract

The subject of the study is changes in organizational and managerial relations in state and municipal authorities caused by new trends in the development of labor relations, which have become the consequences of the global financial and economic crisis. The purpose of the work is to identify new trends and processes in management activities at the state and municipal levels, which did not exist before, in order to establish the possibility of taking them into account when planning and implementing regulatory measures to counteract crisis phenomena at the regional and municipal levels in the territories of population residence. The article analyzes the ongoing changes in organizational and managerial relations under the influence of the deepening of the global financial and economic crisis and the formation of a new socio-economic agenda caused by it, taking into account the trends that affect as a result of structural changes in the composition of one of the main productive forces, which is the hired labor force. The tendencies of the development of that part of it, which is employed at its workplaces and receives a salary, for which it received the name salariate, and that employed in various forms of employment of the wage force, which, due to its precarious position, is called a new social class — the precariat. Much attention is paid in the article to the processes that have begun to change organizational and managerial relations at the municipal level in connection with a special military operation. Conclusions are drawn that they are largely due to the global financial and economic crisis and require changes in the existing formats of the activities of the relevant departments of state and municipal government.

106-113 11
Abstract

The subject of the research is the complementarity of methodological approaches to the development of regional management strategies in the process of reforming the management system of regional socio —  economic development, carried out by reorienting Russia’s domestic policy to apply an innovative approach to the development of regions to accelerate economic growth, create new jobs and ensure competitive advantages in the market of products and services. The purpose of the work is to identify integrated approaches to the development of strategies for the socio-economic development of the subjects of the Russian Federation based on the analysis of current trends in the digital transformation of the economy; identify patterns of socio-economic development of regions depending on their level of innovative development; identify key areas of socio-economic development strategy. Thanks to the analysis of scientific research by domestic and foreign scientists, the thesis is substantiated that the intensity of participation of regions in R&D state financing projects depends on the likelihood of the emergence of new economic specializations in the relevant industries. The conclusion is made about the need for complementarity of management paradigms used in the development of strategies for socio-economic development of the subjects of the Russian Federation.

114-121 12
Abstract

The subject of the study is a strategic course for forest policy, designed to bring the Russian forest sector of the economy out of crisis. The purpose of the work is to determine the vector of improvement of strategic installations of the forest complex. For this purpose, the integrity of the relationship between the existing key provisions of the regulations governing the functioning of the forest complex was assessed, and the concept of the long-term plans being developed was determined. The relevance of the work is due to the need to develop approaches to creating an adequate conceptual framework for forest policy against the background of the aggravated problems of rational forest management in real economic activity as a basis for further adjustments in the work on the periodic change of the strategic course aimed at overcoming the crisis state of the Russian forest sector of the economy. The conducted research made it possible to substantiate the expediency of developing a conceptual framework for streamlining goal-setting to solve existing problems, since it is impossible to achieve established strategic goals without fundamentally stated priorities. It is concluded that in order to increase the efficiency of forest management and ensure the rationality of forest management, it is necessary to build the actions of the state, business and society in a reasonable compromise of the actors.

REGIONAL ECONOMY

122-135 10
Abstract

The subject of the study is a complex of social relations arising in the process of providing social support measures to the population of the region through the use of new information and communication technologies. The purpose of the work is to identify methodological tools that contribute to improving the effectiveness of providing social support to the population.

As a result of the study, it was revealed that the decreasing number of labor resources of the Chelyabinsk region can be replenished by immigrants from other regions and migrants, which requires a comprehensive assessment of the impact of demographic and economic factors on the employment level of the population of the Chelyabinsk region.

Based on the diagnosis of labor resources and the level of employment of the population of the Chelyabinsk region, proposals are put forward to increase the number of working-age labor resources and assess the effectiveness of these proposals. It is emphasized that the labor resources include the able-bodied population of working age. Consequently, for the growth of labor resources, the level of employment should increase due to the economically inactive population or the growth of migration. By analyzing the dynamics of employment of the population of the Chelyabinsk region in 2020–2021. a regression model is constructed that demonstrates a tendency to decrease the share of the employed population in the total number of economically active population.

WORLD ECONOMY

136-145 16
Abstract

The subject of the study is education as one of the factors and mandatory conditions for the formation of the economic and social basis of society. The purpose of the work is to substantiate the need to use tax instruments to stimulate investment in education in the territory of the EAEU economic space. The methodology of the study is based on the consideration of modern theories of taxes and human capital, comparative legal analysis of the national tax legislation of the EAEU. The article analyzes the current state of the educational space in the territories of the EAEU member states, taking into account their assessments in international ratings. The main channels of education financing are investigated: direct through the system of budget allocation and indirect through the use of a tax incentive mechanism. Tax instruments are considered according to the types of tax payments of national tax systems and the directions of preferential facilities and educational organizations. Conclusions are drawn about the need to provide tax benefits and preferences to stimulate the educational market as a condition for ensuring a high quality of life and realizing the entrepreneurial potential of the EAEU countries.

TAXES AND TAXATION

146-157 13
Abstract

In conditions of macroeconomic instability and deterioration of the geopolitical situation in the world due to sanctions pressure on Russia from Western countries, forecasting and identification of risks are becoming important in the formation of strategies for financial and economic activities of business entities, which determines the relevance of the subject of this article — financial and tax risk management to avoid financial risks that they bear. The purpose of the work is to identify problems of financial and tax risk management on the example of an economic entity and to find ways to solve them. The article discusses the theoretical aspects of the concepts of “financial risk”, “tax risk” in terms of their content, causes and impact on the financial and economic activities of business entities. The author’s definitions of the concepts “financial risk” and “tax risk” are given in the article. In the course of the study, the analysis of the causes of risks was carried out using analytical, monographic, logical, comparative, generalizing approaches, coefficient analysis, etc. It is concluded that it is necessary to consider risks from the perspective of the complex nature of their occurrence and existence in the activities of economic entities. Possible interrelations of risks are identified and ways to reduce the severity of their consequences are proposed.

LAW

158-166 13
Abstract

The subject of the study is social relations formed under the influence of the functioning of state digital platforms that serve as tools for ensuring the economic security of the country. The purpose of the work is to develop theoretical ideas about the activities of state digital platforms as means of implementing the state management mechanism. Thanks to the analysis of theoretical approaches to the definition of the concept of “digital platform” from a legal point of view, it is established that the state information systems used earlier underwent significant changes in the process of digitalization that affected the functionality of their work. It is revealed that through their use, the efficiency of the entire state mechanism is optimized and increased, the transformation of which at this stage of society’s development does not end due to the fact that its individual digital services are combined into state ecosystems, implementing the theoretical model “state-as-digital platform”, which provides for the transition to proactive and comprehensive provision of public services in digitally without citizens visiting public authorities.

The examples of digital platforms given in the article illustrate the fulfillment of the tasks of the Economic Security Strategy in the Russian Federation, including such as improving the activities of control and supervisory authorities, combating misuse and embezzlement of public funds, corruption, shadow and criminal economy, etc. At the same time, it has been established that the legal support for the functioning of state digital platforms is currently fragmented, which reduces the effect of their use. It is concluded that the integration of digital platforms into ecosystems will bring all management of state economic processes to an increased qualitative level. 



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ISSN 1999-849X (Print)
ISSN 2619-1474 (Online)