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Book part
Publication date: 4 July 2019

Aleksei V. Bogoviz, Svetlana V. Belyaeva, Evgeny E. Shvakov, Elena V. Grib and Inna Y. Timofeeva

The purpose of the work is to determine the signs of conflicts in social effects of crises of economic systems and to determine perspectives of studying crises on the…

Abstract

Purpose

The purpose of the work is to determine the signs of conflicts in social effects of crises of economic systems and to determine perspectives of studying crises on the basis of the concept of economic conflicts.

Methodology

For determining the signs of conflicts in social effects of crises of economic systems, this work uses the method of qualitative break-even analysis, the methods of systemic, problem, and structural and functional analysis, and the method of formalization (table presentation of authors’ conclusions).

Conclusions

It is substantiated that social causes and social manifestations and consequences of crises of economic systems have signs of conflicts – violation of balance of socio-economic phenomena and processes and the following negative reaction of economic subjects. Causal connections of distribution of conflicts within social effects of crises of economic systems are determined and a preferable method of their regulation is offered.

Originality/value

A new method of state regulation of socio-economic system for overcoming its crisis and crisis management is offered. An advantage and essential difference of this method from the traditional one is influence on social cause of crisis (not on its economic and social consequences), due to which it is possible to quickly overcome the crisis and reduce the risk of its renewal.

Book part
Publication date: 4 July 2019

Zinaida N. Kozenko, Yuri A. Kozenko, Konstantin Y. Kozenko and Galina N. Zvereva

The purpose of the chapter is to determine common regularities and peculiarities of the influence of the 2008 crisis on development of socio-economic systems in view of…

Abstract

Purpose

The purpose of the chapter is to determine common regularities and peculiarities of the influence of the 2008 crisis on development of socio-economic systems in view of developed and developing countries.

Methodology

The methodology of this research includes the developed author’s conceptual model of conflict of socio-economic system as an analog of the model of economic cycle. As crisis is a manifestation/example of economic conflict, this model could be used for studying it. Also, the method of comparative analysis is used for comparing the influence of the 2008 crisis on development of socio-economic systems from various categories. The objects of the research are selections of countries according to classification of the International Monetary Fund – leading developed countries (advanced economies) and emerging market and developing economies. The studied indicator is annual growth rate of GDP in constant prices.

Conclusions

Modeling and analysis of the influence of the 2008 crisis on development of socio-economic systems of developed and developing countries are performed, with crisis considered as a wave of economic cycle. Apart from common regularities of the 2008 crisis in socio-economic systems – vivid and short negative reaction and double wave of crisis – we determined peculiarities of influence of this crisis on economies of developed and developing countries. These peculiarities are connected to the fact that the 2008 crisis was deeper in developed countries than in developing countries, but the crisis was developing according to the optimistic scenario (long waves) and was overcome in 2012. In developed countries, the crisis was developing according to the pessimistic scenario (short waves), and negative reaction renewed in 2012, with another one expected in 2021.

Originality/value

It is substantiated that insufficiently intensive and successful management of crisis in developing countries will probably become a cause of increase of differentiation of countries in the global economic system, which is expressed in growth of underrun of developing countries from developed countries.

Details

“Conflict-Free” Socio-Economic Systems
Type: Book
ISBN: 978-1-78769-994-6

Keywords

Book part
Publication date: 26 November 2019

Dipyaman Pal, Chandrima Chakraborty and Arpita Ghose

The present study aims to determine the existence of simultaneous relationship between economic growth, income inequality, fiscal policy, and total trade of the 13…

Abstract

The present study aims to determine the existence of simultaneous relationship between economic growth, income inequality, fiscal policy, and total trade of the 13 emerging market economies as a group for the period 1980–2010. After establishing the existence of simultaneity between the above relationships, a simultaneous panel model has been formulated and estimated incorporating the nonlinearity among the variables as suggested by the existing literature. An inverted U-shape relationship is evident between (1) economic growth, income inequality, and total trade in economic growth equation, (2) income inequality, economic growth, and per capita income in income inequality equation, and (3) total trade and economic growth in total trade equation. Thus, the existence of a two-way nonlinear relationship is highlighted between economic growth, income inequality, and total trade. Apart from these nonlinear relationships, positive and significant effect of (1) gross capital formation, inflation, population growth, human capital, fiscal policy, monetary policy, and domestic credit to private sector on economic growth; (2) civil liabilities on income inequality; (3) gross capital formation and inflation on total trade; (4) total trade, population growth of those aged 65 years and above, political system on fiscal policy is highlighted. Also, negative and significant effect of (1) fiscal policy on income inequality and (2) income inequality on fiscal policy is revealed.

Details

The Gains and Pains of Financial Integration and Trade Liberalization
Type: Book
ISBN: 978-1-83867-004-7

Keywords

Book part
Publication date: 4 July 2019

Aleksei V. Bogoviz, Arthur V. Varlamov, Vitalii V. Mishchenko, Alexander A. Pochestnev and Yury L. Talismanov

The purpose of this chapter is to determine the essence of stagnating socio-economic systems through the prism of the theory of economic conflicts.

Abstract

Purpose

The purpose of this chapter is to determine the essence of stagnating socio-economic systems through the prism of the theory of economic conflicts.

Methodology

Comparative analysis of conceptual approaches to treatment of stagnation of socio-economic systems – the theory of cycles, the theory of economic growth, and the theory of economic conflicts – is performed. According to the theory of economic conflicts, signs of stagnation of socio-economic systems are determined with the help of methods of horizontal and trend analysis. The research objects are leading developed countries (major advanced economies – G7), which, according to the existing scientific and economic paradigm, should not stagnate, and countries of the Commonwealth of Independent States (CIS), which, in the contrary, may show signs of stagnation. The analyzed indicators are growth rate of GDP in constant prices, growth rate of GDP per capita in constant prices, and the level of unemployment rate. The research is performed in the period of post-crisis restoration of modern socio-economic systems, including the forecast period (2010–2022) based on the data of the International Monetary Fund.

Conclusions

As a result of the research, the essence of stagnation of socio-economic systems is determined, and the following characteristics are given: emergence after crisis, negative influence on economy, universal nature, and manageability.

Originality/value

The obtained conclusions show opposition of stagnation and sustainable development. Stagnation is absence of economic growth and development, regardless of social and ecological costs of economic activities. Contrary to it, sustainable development means stable economic growth with low social and ecological costs of economic activities. That’s why stagnation of economy is a negative phenomenon. Unlike crises, stagnation could and should be avoided with the help of the corresponding (anti-stagnation) measures of crisis management.

Book part
Publication date: 4 July 2019

Yulia I. Dubova

The purpose of the work is to study the process of development of “conflict-free” socio-economic system from the positions of the theory of conflicts and the theory of systems.

Abstract

Purpose

The purpose of the work is to study the process of development of “conflict-free” socio-economic system from the positions of the theory of conflicts and the theory of systems.

Methodology

The object of the research is development of systems according to the optimistic scenario from the positions of the theory of systems and development of “conflict-free” socio-economic system from the positions of the theory of conflicts. The methods include comparative analysis, dynamic modeling of systems, and formalization. The authors compare treatment of phenomena and processes that emerge during development of system from the positions of the theory of systems and the theory of conflicts and compare the model of development of “conflict-free” socio-economic system from the positions of the theory of conflicts and the theory of systems.

Conclusions

As a result of the research, due to founding on the theory of systems, the theory of economic conflicts receives meta-scientific conceptual and methodological substantiation, which ensures its advantages as compared to the existing theory of economic cycles and the existing theory of economic crises: complex consideration of economic and social effects of conflict, correct description of phases of conflict, and more precise classification of causes of conflicts.

Originality/value

Due to these advantages, the theory of economic conflicts may help to describe, model, and forecast the processes of development of modern socio-economic systems, as well as to classify them via differentiating “conflict” and “non-conflict” systems.

Abstract

Details

Understanding and Responding to Economic Abuse
Type: Book
ISBN: 978-1-80117-418-3

Book part
Publication date: 29 October 2018

Alexander P. Sukhodolov and Elena G. Popkova

The purpose of this chapter is to determine the main stages in the formation of information economy.

Abstract

Purpose

The purpose of this chapter is to determine the main stages in the formation of information economy.

Methodology

The authors use the method of noosphere research, a bifurcation approach to studying dynamic systems, which is related to systemic approach, the method of structural and functional analysis, the method of dialectical materialism, and the methodology of the institutional economic theory, abstraction, and formalization.

Results

As a result of complex application of totality of the aforementioned methods and approaches to study the formation of information economy, the authors determine the essence and the main stages of information economy: formation of technosphere (technological foundation), formation of sociosphere (social core), and formation of economic sphere (economic pinnacle). At each of these stages, economic system faces serious socioeconomic changes that first face opposition from society and business, but then – with accumulation of practical experience – are accepted, opening the possibility for transition to the next stage of this process.

Recommendations

The authors conclude that while the influence of the global financial crisis in the early twenty-first century is common for all modern economic systems, it stimulated them to begin the formation of information economy. Furthermore, socioeconomic changes that followed this phenomenon are diverse and are largely predetermined by the context such as readiness of economic systems for continuation of their evolution, their reaction to crisis, susceptibility to changes, and other national peculiarities. That’s why the speed of passing the various stages in different economic systems varies.

Book part
Publication date: 4 July 2019

Tatiana N. Litvinova

The purpose of the work is to study the essence of conflict as an economic category through the prism of the existing conceptual issues.

Abstract

Purpose

The purpose of the work is to study the essence of conflict as an economic category through the prism of the existing conceptual issues.

Methodology

The authors use the systemic approach for comprehensive, structured, and dynamic study of socio-economic systems. Within this approach, the method of classification is used, with the help of which the existing conceptual approaches to treatment of the essence of conflict as an economic category are determined and limited, and the method of comparative analysis, with the help of which the distinguished approaches are compared to each other. The information and analytical basis of the research is materials of the works of international authors on the issues of conceptual study of the essence of conflict as an economic category.

Conclusions

As a result of the research, it is determined that conflict – as an economic category – is described in detail by the concepts of the modern economic theory (e.g., the concept of state regulation of economy, the concept of innovations, and the concept of economic cycles) and is the object of a lot of research. At the same time, conflict – as an economic category – is studied fragmentarily within three alternative approaches – inter-subject, adaptive, and crisis, each of which focuses on a certain manifestation of conflict in economy: contradiction of interests of economic subjects with their interaction, lack of desire of economic subjects to adapt to changes, and failure in the socio-economic system. Within each of the above conceptual approaches to treatment of the essence of conflict as an economic category, reasons and consequences of conflicts are given, and specific managerial tools are offered.

Originality/value

Systemic study of conflict as an economic category, which unified all distinguished approaches, allowed determining conflict as a negative reaction of the economic system or its economic subjects to changes in economic reality, which is expressed at all levels of this system and is subject to management. The offered definition allows specifying the essence of the conflict of economic category and ensuring its systemic research.

Details

“Conflict-Free” Socio-Economic Systems
Type: Book
ISBN: 978-1-78769-994-6

Keywords

Book part
Publication date: 4 July 2019

Anastasia A. Kurilova, Alexey V. Tolmachev, Valeriya P. Chayka and Aleksei G. Savin

The purpose of the work is to develop a mechanism of managing the “conflict-free” socio-economic system.

Abstract

Purpose

The purpose of the work is to develop a mechanism of managing the “conflict-free” socio-economic system.

Methodology

A complex of general scientific methods within the systemic approach (induction, deduction, analysis, and synthesis) and the method of formalization are used.

Conclusions

A mechanism of state management of “conflict-free” socio-economic system is developed, which envisages implementation of three directions: managing internal conflicts, managing innovational development, and managing foreign economic activities. Though practical implementation of this mechanism is possible in any technological mode, the widest possibilities and perspectives for this are opened in the conditions of digital economy. Apart from the digital communications of state and economic subjects (society and business), digital economy allows for full or partial authomatization of managing “conflict-free” socio-economic system on the basis of intellectual technologies and technologies of decision support for state decisions in the sphere of regulation of socio-economic system. At that, it is necessary to pay more attention to the issues of provision of economy’s digital security.

Originality/value

The developed mechanism is to ensure “conflict-free” development of socio-economic system in the long-term. Though it is oriented at the macro-level system (national economy), it could be used for managing the microlevel system, which envisages implementation of the same directions of management with slight correction of tools.

Book part
Publication date: 4 July 2019

Elena G. Popkova

The purpose of the research is to classify conflicts in socio-economic systems.

Abstract

Purpose

The purpose of the research is to classify conflicts in socio-economic systems.

Methodology

It is determined that the existing narrow classifications of conflicts in socio-economic systems within various conceptual approaches partially cross and sometimes contradict each other – so they have to be systematized. For that, the methods of structural and functional analysis and analysis of causal connections are used, with the help of which the author determines criteria of classification of conflicts and their forms for obtaining the most precise system of their classification.

Conclusions

The expanded classification of conflicts in socio-economic systems according to such criteria as form of manifestation of conflict, level of manifestation of conflict, character of causes of emergence of conflict, source of conflict sources, sphere of management of conflict, and expected dominating consequences of conflict is offered. Due to this, it is possible to determine the type of conflict and to select the corresponding managerial measures.

Originality/value

The offered classification possesses the following advantages, as compared to the existing narrow classifications of conflicts in socio-economic systems within conceptual approaches to treatment of the essence of conflict. The first is universal character: the offered classification cannot be used as to all socio-economic systems. Due to this, it will be in demand by systems of various levels – regardless of their specifics. The second is connection to management: the offered classification allows determining the type of conflict and offers recommendations for its management. Due to this, classification of conflicts will be in demand by subjects of conflict management, which will allow increasing effectiveness of this management.

Details

“Conflict-Free” Socio-Economic Systems
Type: Book
ISBN: 978-1-78769-994-6

Keywords

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