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Book part
Publication date: 29 October 2018

Vera I. Menshchikova, Sergey P. Spiridonov, Margarita A. Aksenova and Galina K. Gudovich

The purpose of this chapter is to study the key components of well-balanced information economy. The authors offer a hypothesis that progressive development of information economy…

Abstract

The purpose of this chapter is to study the key components of well-balanced information economy. The authors offer a hypothesis that progressive development of information economy in the country depends on the balance of its components. The methodology of the research is based on using the method of comparative analysis and analysis of statistical information for determining the state, tendencies, and dynamics of development of the main components of well-balanced information economy. The research allowed for generalization of certain empirical data on structural components of well-balanced information economy of Russia. The performed research showed that there is a difference in approaches to determination of the essence of information economy and variety of approaches to its structure. Also, there is a sustainable tendency of growth of the key components of information economy: in the sphere of production of means of information equipment, reliability of functional equipment grows, its weight and dimensions reduce, and energy saving ratio increases; in the sphere of production of information products, variety of products grows and limits of their usage expand – from professional activities to application in households; service sphere in information economy is the fastest growing component – especially in the sphere of telecommunication systems. Russia is peculiar for imbalance between separate components of information economy, which is deepened by excessive dependence of domestic market of the information and communication technology (ICT) on foreign suppliers; as a result of which Russian companies lag behind their rivals. Hence, formation of well-balanced information economy requires symbiosis of efforts of the state, private business, and scientific community. Qualitative growth of economy is possible with technologies that allow evaluating the current state of markets and spheres and conducting effective forecasting of their development, as well as reacting to changes in the situation in national and world markets.

Book part
Publication date: 29 July 2019

Elena G. Popkova and Aleksei V. Bogoviz

The purpose of the work is to model disproportions in development of regional economy of Russia and to determine perspectives and recommendations for overcoming them and achieving…

Abstract

The purpose of the work is to model disproportions in development of regional economy of Russia and to determine perspectives and recommendations for overcoming them and achieving the balance of the economy. The applied methods are based on Popkova's methodology of calculation of “underdevelopment whirlpools,” which allows conducting dynamic modeling of disproportions in development of regional economy. The research is performed in three consecutive stages. At the first stage, the dynamic model of development of the Russia's regional economy is compiled with the help of the methodology of “underdevelopment whirlpools” in federal districts of the Russian Federation based on GDP per capita. At the second stage, the key factors of emergence of disproportions in development of the Russia's regional economy are determined and models of multiple regression of development of the Russia's regional economy are compiled. At the third stage, target parameters of the determined factors are set for reducing the “underdevelopment whirlpools” in the Russia's regional economy by automatized solution of the optimization task with application of the simplex method and recommendations for overcoming the disproportions in development of the Russia's regional economy are compiled. As a result, it is concluded that regional economy of Russia is not well-balanced, as it has deep structural disproportions. These disproportions are caused by insufficient attention to peculiarities of regional economic systems during development and implementation of regional strategies of state management of economy. For more precise accounting of the influence of the key factors of appearance of disproportions and highly-effective management of them for overcoming the “underdevelopment whirlpools,” the algorithm of overcoming the disproportions in development of the Russia's regional economy is developed by the authors, which envisages various managerial measures depending on peculiarities of each Russian region.

Details

Tech, Smart Cities, and Regional Development in Contemporary Russia
Type: Book
ISBN: 978-1-78973-881-0

Keywords

Book part
Publication date: 1 August 2019

Aleksei V. Bogoviz, Tatiana M. Rogulenko, Svetlana V. Ponomareva, Elena N. Lapina and Leonid V. Kolyadov

Purpose: The purpose of the chapter is to study the process of evolution of modern business systems, to distinguish its main stages, and to determine the peculiarities of the…

Abstract

Purpose: The purpose of the chapter is to study the process of evolution of modern business systems, to distinguish its main stages, and to determine the peculiarities of the modern stage of this process. For compiling a fuller dynamic model of evolution of modern business systems, this research is performed by the example of modern Russia – which is one of the most vivid representatives of countries with transitional (forming) economy and which is thus peculiar for very intensive transformation processes in business as compared to the countries that implement the concept of market economy.

Methodology: The methodology of the research is based on the method of logical analysis (analysis of causal connections) and the method of comparative historical analysis, with the help of which regularities of development of modern business systems are distinguished and stages of their evolution are determined. The method of formalization is used for graphic presentation of genesis of modern business systems.

Conclusions: As a result, four stages of evolution of modern business systems are distinguished: paternalism (1991–1997), commercialization (1998–2007), balancing (2008–2017), and technologization (since 2018). Each of the distinguished stages has its peculiarities, and the following regularities and tendencies of development of modern business systems are observed in the process of their evolution: increase of competition in business environment, increase of regulation of business from the state and society, and growth of size of business systems, which leads to complication of their structure, with increase of flexibility of business culture. Sufficiency of adaptation means with modern business systems is substantiated.

Originality/value: The determined outlines of the current stage of evolution of modern business systems allow compiling two following forecast scenarios of their further development, oriented at the period until 2025: scenario of well-balanced development of modern business systems and scenario of increase of disproportions in development of modern business systems. Implementation of these scenarios is possible in any socioeconomic system. Depending on strategic goals and priorities, each system may select the most optimal scenario and conduct the corresponding management of development of modern business systems.

Details

Specifics of Decision Making in Modern Business Systems
Type: Book
ISBN: 978-1-78756-692-7

Keywords

Book part
Publication date: 1 August 2019

O.K. Lukhovskaya, O.Y. Guryeva, V.I. Perov, I.V. Malova and T.S. Kochetkova

The policy of strategic diagnostics in the modern economy of Russia's regions is built in a contradiction. The expected growth of the share of material production in GRP was not…

Abstract

The policy of strategic diagnostics in the modern economy of Russia's regions is built in a contradiction. The expected growth of the share of material production in GRP was not confirmed. Analysis of economic indicators allows stating the expected tendency in dynamics of development of tertiary spheres. A dominating element of structural changes of economy is consumer market.

Several methodological approaches to defining the category “consumer market” are distinguished: marketing, institutional, reproduction, and economic.

For formation of methodological foundations of evaluation of consumer market, several methodologies are systematized. A methodology including two stages of evaluation of development of consumer market is offered: diagnostics (first stage) and forecasting (second stage) of the region's consumer market.

According to evaluations obtained by the authors, a strategic factor of structural changes in Russia's economy is regions' consumer market. Its well-balanced development ensures acceleration of progressive structural changes in economy. A dominating factor in the structure of consumer market is trading sphere, and a tool of structural changes is trading the goods of local and domestic manufacturers.

Abstract

Details

Circular Economy in Developed and Developing Countries: Perspective, Methods and Examples
Type: Book
ISBN: 978-1-78973-982-4

Keywords

Book part
Publication date: 1 August 2019

Al-Muttar Mohammed Yousif Oudah, Anna V. Shokhnekh, Olga S. Glinskaya, Mohammed-Ikbal Shokhnekh and Ivan A. Chusov

The chapter studies the problems of formation of regional mechanisms of modernization and development of infrastructure of regions and the country, which are determined by…

Abstract

The chapter studies the problems of formation of regional mechanisms of modernization and development of infrastructure of regions and the country, which are determined by complexity of attracting private capital in financing of infrastructure, which is limited by a long return period and the level of profitability of projects. The mechanism of public–private partnership is offered, which allows leveling high risks of implementation of infrastructural projects under guidance of the state. Also, the methodology of foresight control is studied, which is the last stage of modernization and development of infrastructure of regions and the country, as innovational tools of forecasting the future, which is aimed at leveling the risks, allows determining and neutralizing the danger of nontarget usage of invested financial resources, and seeing the threats to internal environment and external environment.

Book part
Publication date: 19 June 2019

Bruno S. Sergi, Elena G. Popkova, Natalia Vovchenko and Marina Ponomareva

This chapter elaborates on the perspectives of financial development of countries of Central Asia and China through cooperation with Russia. The authors determine financial…

Abstract

This chapter elaborates on the perspectives of financial development of countries of Central Asia and China through cooperation with Russia. The authors determine financial resources for the development of the countries of Central Asia and China and figure out possible scenarios for attracting additional financial resources and conclude that financial resources have a decisive role in socioeconomic development. It is substantiated that the increase and expansion of cooperation with Russia are the preferable scenario for attracting additional financial resources. The authors recommend expanding cooperation with Russia within the implementation of the selected optimal scenario are given.

Details

Asia-Pacific Contemporary Finance and Development
Type: Book
ISBN: 978-1-78973-273-3

Keywords

Abstract

Details

SDG11 – Sustainable Cities and Communities: Towards Inclusive, Safe, and Resilient Settlements
Type: Book
ISBN: 978-1-78756-924-9

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: 6 November 2018

Aleksei V. Bogoviz and Bruno S. Sergi

This chapter elaborates the peculiarities for the formation of the circular economy, substantiates its current contribution and future potential as to economic growth, and…

Abstract

This chapter elaborates the peculiarities for the formation of the circular economy, substantiates its current contribution and future potential as to economic growth, and elaborates the concept and the implementation of the circular economy in Russia. Russian projects in the sphere of sustainable development and “ecologization” (reduction in energy, resource consumption, and polluting emissions) of industrial productions, mitigation, and processing of waste, protection of water resources, and restoration of forests are built into the linear model of production. The performed calculations on the basis of the existing statistical data allow evaluating the scale of the circular economy in Russia at $ 755.05 billion (as GDP in current market prices is 30.97% provided by the volume of used and decontaminated waste of production and consumption). In future, it is highly probable that the scale of the circular economy in Russia will reach 50% of GDP – $ 950.95 billion (as of 2018). To accelerate the rate and quality of economic growth, positive results from the implementation of these projects must be achieved. Complete transition to the model of the circular economy can provide new possibilities for long-term growth and the development of the Russian economy.

Details

Exploring the Future of Russia’s Economy and Markets
Type: Book
ISBN: 978-1-78769-397-5

Keywords

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