{"title":"THE CONSEQUENCES OF MORTGAGE EXPANSION AS THE PREREQUISITES OF A BUBBLE DETECTION IN THE RUSSIAN HOUSING MARKET","authors":"Artem M. Rakhlevskiy","doi":"10.38197/2072-2060-2021-229-3-260-280","DOIUrl":"https://doi.org/10.38197/2072-2060-2021-229-3-260-280","url":null,"abstract":"The housing sector of the Russian economy as an example of an economic branch hardly affected by the 2020 pandemic has been investigated in the paper. The factors of such an indifference have been detected and defined as the prerequisites of the identification of a financial bubble in the segment due to the duality of housing as a financial asset. Tests have been carried out to examine the prerequisites of bounded rational behavior of market agents. The research of the prerequisites has been found to allow us not to reject the hypothesis that the housing market is inefficient. It could be regarded as a forming process of a bubble.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132688940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"LOW-CARBON DEVELOPMENT STRATEGY OF RUSSIA AND THE ROLE OF FORESTS IN ITS IMPLEM ENTATION","authors":"E. Shvarts, A. Ptichnikov","doi":"10.38197/2072-2060-2022-236-4-399-426","DOIUrl":"https://doi.org/10.38197/2072-2060-2022-236-4-399-426","url":null,"abstract":"The purpose of this article is to assess forest’s role in the low-carbon development strategy of the Russian Federation (LDS). The LDS approved at the end of 2021 and the operational plan for implementation of the LDS (OP LDS) prepared in February-March 2022, make a key bet on increasing forest absorption in process of decarbonization in Russia. Our study showed that some provisions of the OP LDS, and especially the amendments prepared by the Ministry of Natural Resources to the Forest Code for implementation of climate projects, significantly, by hundreds of millions of tons of CO2 eq per year, reduce the potential of Russian forests in the implementation of LDS.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134645219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"AGENT MODELING OF COMPETITION AND COEVOLUTION OF FINTECH AND REGTECH2 IN THE GLOBAL FINANCIAL ECOSYSTEM: THE RED QUEEN EFFECT","authors":"A. Ilyinsky","doi":"10.38197/2072-2060-2021-230-4-183-188","DOIUrl":"https://doi.org/10.38197/2072-2060-2021-230-4-183-188","url":null,"abstract":"This paper examines the competition and co-evolution of FinTech and RegTech2 in the global financial ecosystem using the methods of evolutionary economics. A simple agent-based model is built on the NetLogo platform and the emergence of cycles of technological dominance in the ecosystem is shown. The paper also discusses the “technological arms race” of regulators and system participants as a result of the co-evolution and competition of two technology groups, known as the red queen effect.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133741404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"«CRIMEAN SYNDROME» IN THE RUSSIAN ECONOMY","authors":"G. Muradov","doi":"10.38197/2072-2060-2021-230-4-431-434","DOIUrl":"https://doi.org/10.38197/2072-2060-2021-230-4-431-434","url":null,"abstract":"This article touches upon the development of the Russian economy under the conditions of the blockade of Crimea by foreign and Russian banks, companies and organizations. The author calls for a consolidated and one-time start of work on the peninsula of the largest economic actors. One of the main tasks is to prevent the rejection of Crimea at the level of large Russian business. It is important for the Crimean government to ensure openness to innovation and digital technologies. The main task is to eliminate the “Crimean syndrome” that has developed in the Russian business community in a systematic and consolidated manner.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133823572","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"30 YEARS OF FINANCIAL DEVELOPMENT IN NEW RUSSIA: KEY IMBALANCES","authors":"Y. Mirkin","doi":"10.38197/2072-2060-2021-232-6-97-116","DOIUrl":"https://doi.org/10.38197/2072-2060-2021-232-6-97-116","url":null,"abstract":"The article reveals the key imbalances in the financial sector accumulated over the past 30 years. In particular, the inadequacy of the size of the financial sector to the scale of the economy, insufficient financial development (weak monetization, low accessibility of loans and other financial instruments) are analyzed. Other long-term imbalances are discussed (excessively high interest rates, persistently “hot” inflation, “stormy” volatility, overconcentration in the financial sector, excessive influence of state-controlled financial institutions, persistently high capital flight). Provides an overview of other distortions and causes that have led to imbalances in the financial sector","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125862969","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE DYNAMICS OF FDI: ANALYSES AND FORECASTING","authors":"V. Tatuzov","doi":"10.38197/2072-2060-2023-240-2-66-86","DOIUrl":"https://doi.org/10.38197/2072-2060-2023-240-2-66-86","url":null,"abstract":"The author has many years of experience in the Russian banking sphere, which is useful. So he comes to a conclusion that the actual slowdown of imported foreign direct investment (FDI) flows can be explained within the framework of the cyclical nature of economic development. That is why the article examines the hypothesis of the cyclical nature of economic development applied to analyses and forecasting of modern foreign direct investment (FDI) flows. The author uses statistics published by OECD, UNCTAD and IMF.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128970917","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"SOCIAL PRIORITIES OF THE RUSSIAN ECONOMY DEVELOPMENT","authors":"A. Shirov","doi":"10.38197/2072-2060-2022-238-6-133-156","DOIUrl":"https://doi.org/10.38197/2072-2060-2022-238-6-133-156","url":null,"abstract":"The article analyzes the main aspects of social policy in the modern Russian economy. In particular, the current demographic situation is assessed. It is concluded that the key factor in maintaining the size of the Russian population in the long-term prospect will be reduction of mortality. It is emphasized that a favorable domestic economic situation is a necessary factor in maintaining acceptable birth rates in the country. For several reasons, migration can no longer be considered as a stable factor of compensation for negative domestic demographic trends. Based on various statistical data, the contribution of population consumption to the formation of economic dynamics is considered. It is stated that along with the decisive contribution of the population’s demand to the formation of Gross Domestic Product (GDP), stable imbalances have developed in the structure of incomes and expenditures of the population, preventing qualitative shifts in the structure of consumption. These imbalances have a negative impact on the development of production and require special attention of the economic authorities. In this regard, it is proposed to change the focus of assessing the effectiveness of decisions in the field of economic policy from macroeconomic (based on macroeconomic and budgetary efficiency) to socio-economic, considering the impact of decisions in the field of economic policy or ongoing projects on employment, income of the population and the development of human capital sectors.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129044078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"STRATEGIC PLANNING OF REGIONAL AND INFRASTRUCTURAL DEVELOPMENT: INTERCONNECTION, CONTRADICTIONS, RISKS","authors":"N.M. SURNINA, E.A. SHISHKINA","doi":"10.38197/2072-2060-2021-230-4-489-495","DOIUrl":"https://doi.org/10.38197/2072-2060-2021-230-4-489-495","url":null,"abstract":"The article deals with the issues of balancing the strategic documents of regional and infrastructural development. The theoretical basis of the research is presented by the theories of regional, spatial economics, strategic planning, risk management. The purpose of the article is to define relationships, contradictions, risks in documents strategic planning of regional and infrastructural development. The results of the analysis of the texts of the strategies for the socio-economic development of the subjects of the Ural macroregion show the presence of contradictions in the strategic planning of regional and infrastructural development, such as the discrepancy between the foresight of the future and the actual possibilities of achieving it, strategic goals, the planning horizon, forecast and planning parameters. It has been shown that the lack of resolution of the identified contradictions in planning predetermines the emergence of strategic risks.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130590146","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
S. N. Ryabukhin, Mikhail A. Minchenkov, Sergei I. Belenchuk, VeraV. Vodyanova
{"title":"THE TRANSITIONAL STATE OF THE WORLD MONETARY AND FINANCIAL SYSTEM: OPPORTUNITIES FOR RUSSIA","authors":"S. N. Ryabukhin, Mikhail A. Minchenkov, Sergei I. Belenchuk, VeraV. Vodyanova","doi":"10.38197/2072-2060-2021-231-5-200-226","DOIUrl":"https://doi.org/10.38197/2072-2060-2021-231-5-200-226","url":null,"abstract":"The article is devoted to the analysis of approaches to the assessment of the state of the world monetary and financial system by leading international financial organizations. The positions of the International Monetary Fund, the Bank for International Settlements and the World Economic Forum are presented, the program documents of these key participants of the world monetary and financial system are analyzed in detail and contradictions in the proposed solutions to overcome the crisis are identified. The authors note that in the current situation, when the key participants of the global monetary and financial system do not offer a single consolidated solution, Russia has an opportunity to strengthen its position on ensuring financial and economic security. To do this, it is proposed to create an investment reserve circuit based on commodity and currency reserves formed according to the author’s algorithm. The existing issue circuit, which operates according to the rules and norms of the world monetary and financial system, and the created investment circuit will form a national two-circuit monetary and financial system, interaction in which will be carried out with the help of the new financial instrument «calculated gold» proposed by the authors.","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132891643","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"EFFECTS OF THE INTRODUCTION OF STRATEGIC NETWORK MANAGEMENT IN THE ACTIVITIES OF UNIVERSITIES","authors":"K. MAXIM A., D. ELENA V.","doi":"10.38197/2072-2060-2022-234-2-240-259","DOIUrl":"https://doi.org/10.38197/2072-2060-2022-234-2-240-259","url":null,"abstract":"The increase in the impact of negative factors on the Russian economy actualizes the search for internal growth reserves for economic entities. The search for internal positive effects caused by a special form of organization of the activities of universities allows us to solve, on the one hand, the tasks of involving the population in physical culture and sports activities, and on the other hand, to reduce the resource needs of this sector. The purpose of the article is to determine the methods for assessing the positive effects of the introduction of mechanisms based on the strategic network management of physical culture and sports activities of higher education institutions of the Sverdlovsk region. The results obtained indicate a significant increase in indicators characterizing strategic network interaction both from the point of view of effectiveness (an increase in the number of persons participating in events (projects) of physical culture and sports activities) and from the point of view of indicators characterizing the network architecture (network coverage and the number of stable connections).","PeriodicalId":395765,"journal":{"name":"Scientific Works of the Free Economic Society of Russia","volume":"171 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132977001","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}