Vol 17, No 1 (2018)
ECONOMIC GROWTH: CHALLENGES AND PROSPECTS
9-16 126
Abstract
In modern conditions, the state is constantly searching for ways of effective development of various territories. One of the tools of territorial development is a special economic zone, which has proved the possibility of sustained economic growth. The existence of a number of factors that adversely affect the effectiveness of the functioning of special economic zones, determines the need to model the trajectories of their development. The article presents the author's model of the special economic zone, which allows to present the trajectory of the development of the special economic zone, depending on the rate of wage growth and the maximum possible technological rate of income growth.
17-25 199
Abstract
The outlines of modern Libyan economy were formed after the country acquired independence and the state was established. At the beginning of the 1950s in XX century it was weak and mostly depended on some kinds of agricultural and cattle-breeding production and profit received from taxes and customs revenue. After the discovery of oil deposits and the start of the export of hydrocarbons the Libyan economy started its recovery. Then oil became the major source of income for the country's budget, it caused the fact that the country’s economy was not diversified and its other areas were not developed sufficiently. The consequences of Libya's disintegration, the economic and financial decentralization of the country were a good support for the economic recession continuing nowadays. The possibility of the diversification of the financial system and partial anti-crisis measures stimulated the government to the implementation of products and services of Islamic banking. However, the presence of the black financial market in the country and weak control on the part of the regulatory authorities do not give an optimistic sense for the near-term prospect in the economic future of the country.
26-32 122
Abstract
Given the current budget deficit and the growth of public debt in many countries, it is impossible to ensure the effective management of public finances without analyzing the values of macroeconomic indicators of public debt and assessing the debt sustainability of states. The article presents a structural and dynamic analysis of the budget deficit and an assessment of the public debt of Russia, Germany, Greece, Italy, France and Latvia. Attention is paid to generalization of data and development on this basis of the author’s methodology for assessing the debt sustainability of states, providing a unified approach and obtaining the most comparable result.
33-42 145
Abstract
The article deals with the problematics of the formulation of the task and the model for choosing the optimal strategy of the enterprise’s production activity on the basis of free cash flows generated in the production sector, taking into account the restrictions on medium-term assets and market risk. The NOPLAT indicator, the normalized operating profit, reduced by the amount of adjusted taxes, is proposed as a criterion for the optimality of the production sphere of the enterprise.
43-55 110
Abstract
The article examines the peculiarities and problems of state regulation of budget expenditures at the municipal level, aimed at improving the investment climate and enhancing innovative development. The authors developed a structural and logical scheme for the formation of budget expenditures in the system of municipal management.
56-65 174
Abstract
The article discusses the role of the public sector in stimulating entrepreneurial activity in the national economy. It is established that the choice of methods of influence is largely determined by the positions of the state in the socio-economic and political spheres. The thesis is that it is necessary to ensure the interrelationship of the system of planning of national policy and measures of state support of business entities, as well as to structure the activities of state support.
66-73 149
Abstract
The article is devoted to the main modern approaches and interpretations of the concept of poverty. Various types of poverty and categories of poor people are considered, the main causes of poverty are shown. The analysis of the characteristics of poverty as an economic, social, socio-economic, socio-phiiosophical and socio-cultural category. The article proves the necessity of an integrated approach in the study of poverty phenomenon.
74-76 141
Abstract
The main interrelations of the participants in the collective investment market are identified, its local market «micro-centres» are fleshed out, corresponding chains of influence are built. Clarified and analyzed the main factors of the market of collective investments based on their characteristics in the Russian Federation. Done correlation analysis of the impact of these factors on market development in RF. Factors ranked according to their degree of influence.
87-99 116
Abstract
The article reveals the concept, stages and factors of the emergence of tax counseling in the Russian Federation. The work analyzes statistical data with official sites of RBC and the Chamber of Tax Consultants. The ways of optimization of the tax burden of the taxpayer are presente. In addition, the need for legislative regulation of the activities of tax advisers is justified. At the end of the work, the conclusion was made that the institute of tax consulting needs serious modernization.
100-112 115
Abstract
In this article, the problem of risk reliability estimation functioning in production-technological systems of mono- and multiproduct enterprises is reviewed. The role of reliability is played by the consistency of input-output material-monetary flows through individual links of the production-technological enterprise chain. It is reasonably that this reliability / risk interpretation at production-technological enterprise chain meets the target criterion of its activities: to ensure planned financial result in terms of internai and external environment changes, it is suggested to measure production unit operation reliability loss risk by using average loss value or accumulated losses of the initiai process chain segment, including this unit. The reliability loss risk of production unit operation is structured by individual components such as the production unit risk that is initiated by production-technological and organizational-technical conditions of production organization, and injected risk generated by previous production units.. The estimation of reliability loss risk of enterprise's production-technological system functioning is carried out by its final unit. To assess the overall production unit risk the numerical algorithm is suggested to use. It is based on probability theory tools, expert procedures and methods of mathematical statistics. In this work there are models and calculation formulas for evaluation the risk of individual unit and whole production-technological system in case of both monoproduct and multiproduct enerprises.
INDUSTRY SECTOR AS THE BASIS OF THE RUSSIAN ECONOMY
113-123 123
Abstract
The article is devoted to the organization of production logistics in an industrial enterprise. The essence of production logistics is specified. Peculiarities of realization of logistic functions are considered on the example of Electromechanical production. The sphere of competences and interaction of divisions of the industrial enterprise during management of production and regulation of material streams is investigated. The problems of logistics system of procurement in the process of production and organization of the working space. The necessary components in the target directions of the system of organization of the material flow in the production process are determined. A system of indicators of the level of organization of the material flow in the logistics of production is proposed.
124-135 140
Abstract
The article discusses the system of export credit insurance its formation and development. The main attention is paid to COFACE company and types of policies covering commercial and political risks during foreign trade operation.
136-144 122
Abstract
The article discusses the current diamond market, largest diamond foreign companies, as well as the role and place of Russian «ALROSA» on the market in terms of sanctions, imposed by Western countries against Russia.
145-156 255
Abstract
The content of the concept, models and numerical methods for assessing the liquidity of a financial asset included in the portfolio of a non-institutional investor agent of the Russian stock market is considered. For this group of investors, liquidity is just as important as profitability and risk. It is suggested that liquidity should be recorded during the pre-selection stage of securities included in the portfolio, which implies the accuracy of estimates and the correctness of accounting for the liquidity of financial assets and, in the first place, highly risky (stocks). Based on the most significant properties of the liquidity phenomenon, a modified algorithm for estimating the level of liquidity is proposed, the distinguishing feature of which is the adequacy of the current realities of the stock market and the relative ease of use.
157-161 97
Abstract
The article examines the criteria that allow to identify the main manifestations of modern shadow processes in the banking sector. The author gives the main causes of various shadow processes and their characteristic features.
162-167 110
Abstract
The article deals with the concept of electronic signature, the scope of its application, the procedure for obtaining and types of electronic signatures.
168-177 177
Abstract
The financial situation is one of the most important factors defining the economic output of film studios and production companies. The position of a film producing enterprise on the audiovisual market depends on the quantitive parameters of its financial situation, in the financial resources management the specifics of film production as a sphere of artistic creativity should be taken into consideration. The author analyzes the specifics of film production in the context of their effects on the system of financial resources management as well as on the possibility to increase the system efficiency.
178-185 120
Abstract
In article modern problems of interaction of credit system and enterprise structures which solution will allow to stimulate investment processes and development of economy of Russia in general are considered.
186-194 164
Abstract
In the article the methods of business diversification used today in the sphere of industrial production and formation of a diversified product portfolio of the enterprise are considered. The author, analyzing the views of foreign and domestic scientists on the formation of directions for optimizing the activity of an industrial enterprise, draws attention to the fact that optimization of activities is one of the most effective tools to increase the competitiveness of enterprises within the industrial duster.
195-205 155
Abstract
In this article, the problem of the quality of Russian higher education is actualized. The aspects of attestation and evaluation of the quality of professional activity of teachers of sports-oriented universities are considered. The foreign experience of attestation of the teaching staff of higher educational institutions is analyzed on the basis of which recommendations of a recommendatory character are given for application in the Russian higher education system of the most acceptable ones.
206-211 123
Abstract
The article contains some aspects of the research of the influence of external business environment on the result of the activities of the organization, and the ability of the national Assembly of the corresponding right in the determination of the values of criteria shaping the Finance strategy of the organization.
ЧАСТЬ III. СОЦИОКУЛЬТУРНЫЕ АСПЕКТЫ ПРЕДПРИНИМАТЕЛЬСКОЙ ДЕЯТЕЛЬНОСТИ
212-219 104
Abstract
Development of economic and socio-political tendencies was the cause of world war I, counting on high profits monopolies sought for war, their interests were expressed by the financial capital and the largest financial and monopolistic groups to which the real power has passed.
220-228 141
Abstract
The article assesses the impact of social payments on the demographic and social situation in the Russian Federation.
229-238 141
Abstract
This article gives concept of innovative development of regional educational space based on use of remote learning technologies. The article discusses such issues as: relevance of problem of educational space virtualization in accordance with the Federal Law «On education at the Russian Federation»; mechanism of integration of universities into remote educational space; methodical principles for virtualization of regional educational space.
239-249 159
Abstract
The article discusses the current situation in India in the field of social policy, which has been reviewed and analyzed. The caste structure of society in the country plays a negative role for its economy and society. Most of the people doesn’t belonging to the elite, who can't support themselves, does not have a regular place of work and social assistance. In the process of the research, an analysis was carried out of the social spheres of society, such as education, the consumer basket of the population, the sphere of labor and employment of the population, which showed the inadequacy and bias of the country's social policy.
ISSN 2073-6258 (Print)