nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2019‒05‒27
47 papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Migrant families in industrialized countries: new dimensions of integration problems By Malakhov, Vladimir (Малахов, Владимир); Letnyakov, Denis (Летняков, Денис); Simon, Mark (Симон, Марк); Motin, Alexander (Мотин, Александр); Timoshkin, Dmitriy (Тимошкин, Дмитрий)
  2. Russia in the system of global regulation of migration flows: opportunities for the development of international cooperation By Malakhov, Vladimir (Малахов, Владимир); Letnyakov, Denis (Летняков, Денис); Simon, Mark (Симон, Марк); Motin, Alexander (Мотин, Александр)
  3. Evaluation of the effectiveness of investments in human capital in modern conditions By Melnikov, Roman (Мельников, Роман); Margolin, Andrey (Марголин, Андрей); Ustenko, Viktoria (Устенко, Виктория); Ginoyan, Argishti (Гиноян, Аргишти); Teslenko, Valentina (Тесленко, Валентина); Turanova, Ekaterina (Туранова, Екатерина)
  4. Central Asia Oil and Gas Industry - The External Powers’ Energy Interests in Kazakhstan, Turkmenistan and Uzbekistan By Pier Paolo Raimondi
  5. Introduction of a standard tax deduction for taxpayers with low incomes By Gorlin, Yuriy (Горлин, Юрий); Grishina, Elena (Гришина, Елена); Galieva, Nadezhda (Галиева, Надежда); Kartseva, Marina (Карцева, Марина); Fedorov, Vitaliy (Федоров, Виталий)
  6. The impact of the ruble exchange rate dynamics on the inflow of foreign investment in the Russian economy By (Багдасарян, Княз); (Баева, Марина); (Зайцев, Юрий); (Кнобель, Александр); (Лощенкова, Анна)
  7. Challenges and drivers of the economy of the public sector in the health care of Russia at the turn of 2020 in the implementation of national goals defined by the May 2018 Decree of the President of the Russian Federation By Gabueva, Larisa (Габуева, Лариса); Pavlova, Nina (Павлова, Нина); Gabueva, Liliya (Габуева, Лилия)
  8. War and Well-Being in Transition: Russo-Georgian Conflict as a Natural Experiment By Gunes Gokmen; Evgeny Yakovlev
  9. The impact of migration on regional political and economic development By Vikulov, Alexandr (Викулов, Александр)
  10. Russian Business under Economic Sanctions: Is There Regional Heterogeneity? By Shida, Yoshisada
  11. Modern Russian moral conservatism in a transnational context By Uzlaner, Dmitriy (Узланер, Дмитрий)
  12. Tax mechanisms to support the development of e-business in Russia: proposals for improving tax legislation By Kornienko, Nataliya (Корниенко, Наталья); Minina, Elena (Минина, Елена)
  13. Development of approaches to the assessment of welfare losses due to inflation in Russia By Sinelnikova-Muryleva, Elena (Синельникова-Мурылева, Елена)
  14. Strategies of leading donor countries for development assistance to achieve sustainable development goals By Larionova, Marina (Ларионова, Марина); Sakharov, Andrey (Сахаров, Андрей); Kolmar, Olga (Колмар, Ольга)
  15. Analysis of the features and problems of providing training in graduate school in the Russian Federation By Belyakov, Sergey (Беляков, Сергей); Grinshkun, Vadim (Гриншкун, Вадим); Polushkina, Elena (Полушкина, Елена)
  16. The War in Europe: Economic Costs of the Ukrainian Conflict By Julia Bluszcz; Marica Valente
  17. Improving the mechanisms of budget financing of regional education systems on the example of the Far Eastern Federal District By Bedareva, Larisa (Бедарева, Лариса); Belyakov, Sergey (Беляков, Сергей); Grigor'ev, Valeriy (Григорьев, Валерий); Klyachko, Tatiana (Клячко, Татьяна); Polushkina, Anna (Полушкина, Анна); Polushkina, Elena (Полушкина, Елена)
  18. Analysis of barriers in the implementation of scientific and technical programs and projects of the full cycle in the Russian Federation By Kurakova, Natalia (Куракова, Наталия); Zinov, Vladimir (Зинов, Владимир); Tsvetkova, Liliya (Цветкова, Лилия); Kupriyanova, Olga (Куприянова, Ольга)
  19. Prospects for improving the competitiveness of civil servants' wages By Dobrolyubova, Elena (Добролюбова, Елена); Tatarinova, Ludmila (Татаринова, Людмила); Yuzhakov, Vladimir (Южаков, Владимир)
  20. Regularities in the choice of Russian firms for the implementation of export and import deliveries in the context of embedding in the global value chain By Kuznetsov, Dmitriy (Кузнецов, Дмитрий); Knobel, Alexander (Кнобель, Александр)
  21. Assessing the role of the BRICS Development Bank and the Asian Infrastructure Investment Bank in transforming the system of multilateral development banks By Larionova, Marina (Ларионова, Марина); Shelepov, Andrey (Шелепов, Андрей); Sakharov, Andrey (Сахаров, Андрей)
  22. Patterns of matching interests in the formation of a long-term strategy for innovation development By Kleeva, Ludmila (Клеева, Людмила); Kleev, Ivan (Клеев, Иван); Nikitova, Anna (Никитова, Анна); Krotov, Alexander (Кротов, Александр)
  23. Continuing and additional vocational education in the Russian Federation: trends and predictive development assessment By Klyachko, Tatiana (Клячко, Татьяна); Kovalenko, Aleksey (Коваленко, Алексей); Polushkina, Elena (Полушкина, Елена); Fedotov, Aleksandr (Федотов, Александр)
  24. Organizational development of business education in the post-industrial economy By Dukanich, Ludmila (Дуканич, Людмила); Korobeynikova, Svetlana (Коробейникова, Светлана); Aleksandrova, Olga (Александрова, Ольга); Tikhanova, Estella (Тиханова, Эстелла)
  25. Stimulating long-term household investments in financial instruments By Danilov, Yuriy (Данилов, Юрий)
  26. The law of a single price and inflation differences in Russian regions By Dobronravova, Elizaveta (Добронравова, Елизавета); Perevyshin, Yuriy (Перевышин, Юрий); Shemyakina, Kira (Шемякина, Кира)
  27. Accreditation in the Russian system of higher education: options for reform By Kuklin, Vladimir (Куклин, Владимир)
  28. Comparative assessment of the fulfillment of collective obligations by members of the G20 and BRICS By Larionova, Marina (Ларионова, Марина); Ignatov, Alexander (Игнатов, Александр); Popova, Irina (Попова, Ирина)
  29. The impact of inflation expectations on the effects of monetary policy By Perevyshin, Yuriy (Перевышин, Юрий); Petrova, Diana (Петрова, Диана)
  30. Increasing the openness of the budget as an element of public administration By Klimanov, Vladimir (Климанов, Владимир); Mikhailova, Anna (Михайлова, Анна)
  31. Analysis of tax evasion methods in Russia and ways to counter them By Gromov, Vladimir (Громов, Владимир); Zakharenkova, Elena (Захаренкова, Елена); Korytin, Andrey (Корытин, Андрей); Milogolov, Nikolay (Милоголов, Николай)
  32. The impact of globalization on regional development and competitiveness: cases of selected regions By Zane Zeibote; Tatjana Volkova; Kiril Todorov
  33. Local administration in the public authority system as the basis for collaboration between government and society By Vikulov, Alexandr (Викулов, Александр)
  34. Evaluation of the effectiveness of the organization of grain production in unused farmland By Svetlov, Nikolay (Светлов, Николай); Loginov, Dmitriy (Логинов, Дмитрий)
  35. Modern practice of project management in Russian educational systems By Bashkatov, Igor (Башкатов, Игорь); Verglinskiy, Andrey (Верглинский, Андрей); Savchenko, Igor (Савченко, Игорь); Shturbina, Natalia (Штурбина, Наталья); Yakhontova, Elena (Яхонтова, Елена)
  36. Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates By David Coady; Ian Parry; Nghia-Piotr Le; Baoping Shang
  37. Promoting Inclusive Growth in the Caucasus and Central Asia By Mercedes Vera-Martín; Dominique Fayad; Sergejs Saksonovs; Wei Shi; Fang Yang
  38. THE RUSSIAN UNIVERSITY EXCELLENCE INITIATIVE: IS IT REALLY EXCELLENCE THAT IS PROMOTED? By Nataliya Matveeva; Ivan Sterligov; Maria Yudkevich
  39. The Predictability of Stock Market Volatility in Emerging Economies: Relative Roles of Local, Regional and Global Business Cycles By Elie Bouri; Riza Demirer; Rangan Gupta; Xiaojin Sun
  40. Les États-Unis sanctuaire du capitalisme, un siècle de leadership américain en question By Jacques Fontanel
  41. Azerbaijan and its Oil Resources: Curse or Blessing? By Farid Zulfigarov; Matthias Neuenkirch
  42. Republic of Uzbekistan; 2019 Article IV Consultation-Press Release and Staff Report By International Monetary Fund
  43. Risk premium factors By Gadiy, Ludmila (Гадий, Людмила); Drobyshevskiy, Sergey (Дробышевский, Сергей); Kiyutsevskaya, Anna (Киюцевская, Анна); Trunin, Pavel (Трунин, Павел); Sherbustanova, Maria (Шербустанова, Мария)
  44. Republic of Lithuania; Fiscal Transparency Evaluation By International Monetary Fund
  45. Republic of Uzbekistan; Strengthening Fiscal Transparency By International Monetary Fund
  46. Development of an adaptive model of the organization of the educational process for persons with disabilities and disabilities By Kolesnikova, Irina (Колесникова, Ирина); Raevsky, Sergey (Раевский, Сергей); Saveleva, Marina (Савельева, Марина); Isaev, Sergey (Исаев, Сергей); Mihalchi, Ekaterina (Михальчи, Екатерина)
  47. Republic of Uzbekistan; Fiscal Transparency Evaluation By International Monetary Fund

  1. By: Malakhov, Vladimir (Малахов, Владимир) (The Russian Presidential Academy of National Economy and Public Administration); Letnyakov, Denis (Летняков, Денис) (The Russian Presidential Academy of National Economy and Public Administration); Simon, Mark (Симон, Марк) (The Russian Presidential Academy of National Economy and Public Administration); Motin, Alexander (Мотин, Александр) (The Russian Presidential Academy of National Economy and Public Administration); Timoshkin, Dmitriy (Тимошкин, Дмитрий) (Irkutsk State University)
    Abstract: Despite the new demographic opportunities coming from the migration inflow, the governments of the receiving countries cannot but realize the possible risks. In particular, this is the rise of nationalist populism as a reaction to the growth of ethnocultural diversity. The most vulnerable category of the population in terms of adaptation to new social realities is the so-called “second generation of migrants” - children who grew up in migrant families. Born in European countries, but often being perceived as aliens by the host societies, children from such families are often susceptible to social deprivation. In Russia, migrants from the second generation are only entering social life. Therefore, a thorough study of the European experience migrant’s children integration is of particular importance. The paper traces the evolution of approaches to the social incorporation of second-generation immigrants; analyzes the mechanisms for ensuring the “entrance” into the system of public institutions; reveals which cultural and religious practices function more likely as a “barrier” to civil integration, and which, on the contrary, contribute to it; outlines the Russian institutional context of the socialization of second-generation immigrants.
    Keywords: second generation of migrants, integration of migrants, accommodation of ethnocultural differences, convivial culture, cultural minorities, conflict prevention.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041924&r=all
  2. By: Malakhov, Vladimir (Малахов, Владимир) (The Russian Presidential Academy of National Economy and Public Administration); Letnyakov, Denis (Летняков, Денис) (The Russian Presidential Academy of National Economy and Public Administration); Simon, Mark (Симон, Марк) (The Russian Presidential Academy of National Economy and Public Administration); Motin, Alexander (Мотин, Александр) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: At present, Russia is already involved in the regime of international legal regulation of labor mobility, implementing the construction project of the Eurasian Economic Union. However, in the medium term, the issue of our country's participation in the development of a supranational, global migration management strategy is becoming increasingly topical. The paper analyzes a) the main international and regional migration management regimes (both labor and forced) and the role of key institutions for each of these regimes; b) the nature and dynamics of the main world migration flows, and the place of Russia as a country of immigration, emigration and transit; c) management efforts undertaken by Russia in the context of national, regional and international regulation of migration flows and management tools at the disposal of the Russian state; d) administrative forms of regulation of labor mobility in Russia in connection with the processes of economic integration within the EAEU.
    Keywords: international migrations, migration regimes, labor mobility, international cooperation, international institutions, Russian migration policy.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041923&r=all
  3. By: Melnikov, Roman (Мельников, Роман) (The Russian Presidential Academy of National Economy and Public Administration); Margolin, Andrey (Марголин, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Ustenko, Viktoria (Устенко, Виктория) (The Russian Presidential Academy of National Economy and Public Administration); Ginoyan, Argishti (Гиноян, Аргишти) (The Russian Presidential Academy of National Economy and Public Administration); Teslenko, Valentina (Тесленко, Валентина) (The Russian Presidential Academy of National Economy and Public Administration); Turanova, Ekaterina (Туранова, Екатерина) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The study measures the efficiency of human capital investment at the individual, public, and social levels for different levels of educational attainment and specialist fields in the present-day Russia. The efficiency and risk evaluation of investment in the higher education (including postgraduate studies) and vocational education and training (VET) was based on the regression analysis of the data provided by the Russian Longitudinal Monitoring Survey as well as on financial models, which allowed us to compare costs, benefits, and risks of human capital investment for different stakeholders. To evaluate the impact of human capital on economic growth at the macroeconomic level, we conducted regression analysis of the panel data provided by Rosstat, which was used to assess the effect of human capital development on the growth dynamics of the Russian regions. The present research enabled us to formulate policy recommendations aimed at improving the mechanism of investment in human capital at the level of VET and higher education, with a specific emphasis on the training of academic and teaching staff.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041912&r=all
  4. By: Pier Paolo Raimondi (Fondazione Eni Enrico Mattei)
    Abstract: After the Soviet breakup, Central Asia has gained importance for several States because of its geographical location and abundance of hydrocarbon reserves. These hydrocarbon reserves are located mainly in three countries: Kazakhstan, Turkmenistan and Uzbekistan. Each of them has taken different path regarding its foreign policy and the regulation of investments and participation of external companies and States in its energy sector. Through the development, production and export of their oil and gas reserves, they have pursued a ‘multi-vector’ policy, consolidating differently their relations with other countries. The main States involved – at different levels and for different reasons – in the oil and gas sector of the Central Asian countries are: Russia, China, United States, European countries, Iran, India and Turkey. Among these players, Russia considers Central Asia still part of its sphere of influence for historical reasons, while it has to deal an increasing presence of Beijing. The Western countries has gained influence particularly in Kazakhstan, but they have no political leverage in Turkmenistan. This working paper provides an overview of the current situation of external players’ interests in the oil and gas industry of Kazakhstan, Turkmenistan and Uzbekistan. The working paper is structured into four different sections. In the first section, the paper gives an overview of the main interests and pillars of external involvement in Central Asia as a region. The other three sections are devoted to provide separately the current status of energy relations between each Central Asian country and external players, starting from the closest countries (Russia and China) to the regional ones (Iran, Turkey and India) until non-regional countries (United States and European countries). During these analysis, investments in the oil and gas sector as well as energy export routes and volumes are highlighted in order to understand the current situation of the energy relations. At the end of each country section, the main trends and interests of the countries in the regional oil and gas sector are outlined.
    Keywords: Energy Geopolitics, Oil&Gas, Central Asia, Russia, China, USA, European Union
    JEL: F50 N45 N75 Q40
    Date: 2019–05
    URL: http://d.repec.org/n?u=RePEc:fem:femwpa:2019.06&r=all
  5. By: Gorlin, Yuriy (Горлин, Юрий) (The Russian Presidential Academy of National Economy and Public Administration); Grishina, Elena (Гришина, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Galieva, Nadezhda (Галиева, Надежда) (The Russian Presidential Academy of National Economy and Public Administration); Kartseva, Marina (Карцева, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Fedorov, Vitaliy (Федоров, Виталий) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: One of the most common tools in most countries aimed at reducing income inequality is the tax policy instruments, including the standard tax deduction (non-taxable minimum), which to some extent can contribute to the reduction of poverty. A standard tax deduction, increasing disposable income, to some extent can contribute to poverty reduction.There is currently no such deduction in the Russian Federation. The work substantiates the expediency of introducing in Russia a standard tax deduction on personal income tax for low-income workers. This work analyzes various options for the provision of tax deduction, gives an estimate of falling budget revenues in the whole of the Russian Federation and for individual subjects of the Russian Federation. The possible ways to compensate for the reduction of tax revenues are considered.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041907&r=all
  6. By: (Багдасарян, Княз) (The Russian Presidential Academy of National Economy and Public Administration); (Баева, Марина) (The Russian Presidential Academy of National Economy and Public Administration); (Зайцев, Юрий) (The Russian Presidential Academy of National Economy and Public Administration); (Кнобель, Александр) (The Russian Presidential Academy of National Economy and Public Administration); (Лощенкова, Анна) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Portfolio and foreign direct investment (FDI) is an important source of capital that complements domestic private investment and is often associated with new jobs, the stimulation of technological exchange and the promotion of overall economic growth in host countries. Important factors for FDI inflows are the level of the exchange rate and its volatility. The need for an empirical analysis of the impact of the exchange rate on FDI inflows to Russia is due to the currency crisis of 2014–2015, when the Russian ruble devalued due to a fall in world oil prices, as well as a number of foreign policy events.
    Keywords: exchange course, foreign investments, foreign direct investments, investment climate, import substitution, economic sanctions, globalization, Russian Federation
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041931&r=all
  7. By: Gabueva, Larisa (Габуева, Лариса) (The Russian Presidential Academy of National Economy and Public Administration); Pavlova, Nina (Павлова, Нина) (The Russian Presidential Academy of National Economy and Public Administration); Gabueva, Liliya (Габуева, Лилия) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: At the turn of 2020, in the system of state administration and medical insurance of Russia, national priorities were formed, formed by the May 2018 Decree of the President of the Russian Federation. In this regard, for the adoption of regional programs of state guarantees to provide Russian citizens with free medical care associated with federal design decisions and indicative indicators, it is necessary to clarify the methodological approaches for making adequate financial obligations.
    Keywords: national priorities of public health management, strategic competencies, budget and extra-budgetary finances in the field of health, risk management.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041903&r=all
  8. By: Gunes Gokmen (New Economic School and the Center for the Study of Diversity and Social Interactions, Moscow); Evgeny Yakovlev (New Economic School, Moscow)
    Abstract: This paper assesses the effect of the Russo-Georgian conflict of 2008 on the well-being of minorities in Russia. Using the Russian Longitudinal Monitoring Survey (RLMS), we first provide evidence that, on impact, the well-being of Georgian nationals suffered negatively from the conflict of 2008, both in comparison to their own well-being across time and to the well-being of the Russian majority. We also show that this negative effect of conflict does not have a long-term legacy that goes beyond 2008. Additionally, we demonstrate that the conflict has no direct effect on the livelihoods or the labor market outcomes of Georgian nationals. Therefore, we attribute the negative effect of conflict on well-being to more indirect channels such as fear, altruism, or sympathy. We also analyze the spillover effects of the Russo-Georgian conflict on other minorities that live in Russia. We find that while the well-being of migrant minorities who have recently moved to Russia is negatively affected, there is no effect on local minorities who have been living in Russia for at least ten years.
    Keywords: Well-being, happiness, transition, conflict, minorities
    JEL: I31 N44 P2
    Date: 2017–09
    URL: http://d.repec.org/n?u=RePEc:abo:neswpt:w0243&r=all
  9. By: Vikulov, Alexandr (Викулов, Александр) (The Russian Presidential Academy of National Economy and Public Administration (Povolzhsky Institute of management named after P.A. Stolypin – branch of RANEPA))
    Abstract: Political, social, economic and especially migration processes in Russia significantly affect regional development and sometimes involve worsening of existing problems or arising of new ones. Migration in Russia has a long-standing history; however, its numbers were not significant against the total population. When the Soviet Union broke up, migration rate has been increased. It is necessary to regulate and control migration processes wisely and professionally to build a civil society in Russia.
    Keywords: migration, territorial entities of the RF, demographic situation
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:ppaper:041943&r=all
  10. By: Shida, Yoshisada
    Abstract: The sanctions against Russia, beginning in early 2014, provide us with a unique opportunity to study whether, and how sanctions affect a vast territorial global superpower. This study attempts to empirically examine the economic impact of this event, paying particular attention to the existence or nonexistence of its regional heterogeneity. For these purposes, this study used a dataset from a survey that asked the executive managers of Russian regional companies to assess the impact on their management activities in late 2015. The key findings are as follows. First, approximately half of those interviewed perceived the economic sanctions as having a negative impact. Second, no regional variations in the impact of the sanctions could be found. It follows that financial sanctions, aimed at an entire nation, exert a significant and geographically uniform impact. Moreover, even regional businesses near the Asia-Pacific region, holding strong connections with Asian countries, cannot avoid its impact.
    Keywords: economic sanctions, enterprise survey, Far East, Russian economy
    JEL: F51 M21 P27
    Date: 2019–05–10
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:93817&r=all
  11. By: Uzlaner, Dmitriy (Узланер, Дмитрий) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This paper focuses on post-Soviet moral conservatism or conservatism of traditional values. The focus is on placing this phenomenon in a global transnational context. In particular, it is noted that this conservatism is one of the possible positions within the framework of the cultural conflict that divides modern societies. The origins of this conflict and, consequently, the ideology of traditional values date back to the realities of culture war in the United States of America in the second half of the twentieth century. In the 1990s, these culture wars turned out to be globalized and transferred to a transnational context. Along with this globalization of cultural wars, there is also the globalization of conservatism of traditional values. These processes are accompanied, on the one hand, by the formation of transnational alliances of conservatives, and on the other hand, by the export of cultural wars and their transfer to other contexts not affected by the modern cultural conflict. Contemporary Russian conservatism of traditional values is seen in this context as a result of exporting cultural wars into the Russian context. This conservatism turns out to be a hybrid of the conservative ethos of the late Soviet Union, reactions to the cultural revolution of the 1990s, and powerful transnational influences as a result of the processes described above.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041928&r=all
  12. By: Kornienko, Nataliya (Корниенко, Наталья) (The Russian Presidential Academy of National Economy and Public Administration); Minina, Elena (Минина, Елена) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This paper presents an analysis of current tax legislation and legislative initiatives on the issue of supporting the development of e-business in Russia. Based on the results of the analysis, taking into account international experience and the fact that Russia is a country member of the EAEU, proposals for improving tax legislation were prepared, including proposals to the RF Tax Code and at the supranational level within the EAEU.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041905&r=all
  13. By: Sinelnikova-Muryleva, Elena (Синельникова-Мурылева, Елена) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This workpaper is devoted to the elaboration of approaches that can be used to estimate welfare costs of inflation, taking into account the peculiarities of the Russian economy, as well as obtaining quantitative estimates. The first section discusses theoretical models in the framework of the partial equilibrium approach, proposed in the papers of Bailey, Friedman, and Lucas, and giving ways to calculate costs of inflation. The second section provides an overview of international experience in costs of inflation estimation in countries with different levels of inflation; it is concluded that the results of the estimation are extremely sensitive to the choice of the functional form of the demand for money equation and, as a consequence, the estimated coefficients of the equation. The third section presents modifications of standard approaches used to estimate the costs of inflation, taking into account the prolonged growth of monetization in the Russian economy.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041921&r=all
  14. By: Larionova, Marina (Ларионова, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Sakharov, Andrey (Сахаров, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Kolmar, Olga (Колмар, Ольга) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Sustainable Development Goals’ retain their relevance to both international agenda and domestic socio-economic policy, especially in developing countries, such as Russia. The authors of this paper analyze the approaches and practices of six major international aid donors (Germany, Canada, Japan, China, Brazil, India) in assisting the developing countries in achieving the SDGs, as well as implementing the SDGs domestically. A comparative analysis of the leading donors’ best practices and the Russian experience in implementing the SDGs formed the basis for the recommendations on increasing the effectiveness of the Russian Federation’s policy in achieving the Sustainable Development Goals at the national and international levels.
    Keywords: sustainable development goals, international development assistance, agenda 2030, official development assistance.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041927&r=all
  15. By: Belyakov, Sergey (Беляков, Сергей) (The Russian Presidential Academy of National Economy and Public Administration); Grinshkun, Vadim (Гриншкун, Вадим) (The Russian Presidential Academy of National Economy and Public Administration); Polushkina, Elena (Полушкина, Елена) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The training of highly qualified personnel is an essential component of the formation of the human resource potential of an innovative economy. The report is devoted to the analysis of the functioning of the national system of training scientific and pedagogical personnel at the present stage and to identify the contradiction between the growing demand of modern society and the state for highly qualified personnel not only for science and higher education, but also for high-tech industries, the innovation business, and the persisting approach to assess the effectiveness of graduate school.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041916&r=all
  16. By: Julia Bluszcz; Marica Valente
    Abstract: With more than ten thousand casualties, the 2014 Ukrainian war between pro-Russian separatists and the government in the Donbass region, Ukraine's productive core, has taken a severe toll on the country. Using cross-country panel data over the period 1995-2017, this paper quantifies the short-term causal effects of the Donbass war on Ukraine's GDP. Results from the counterfactual estimation by the synthetic control method show that Ukraine's per capita GDP foregone due to the war amounts to 15.1% on average for 2013-2017. Separate analysis for the affected provinces of Donetsk and Luhansk indicate an average causal effect of 43% for 2013-2016. Confoundedness checks obtained by iteratively estimating synthetic controls on the pre-war period to account for previous Ukrainian-Russian disputes show robustness of the results.
    Keywords: Conflict, economic costs, Donbass, synthetic control
    JEL: D74 P16 C21 G14
    Date: 2019
    URL: http://d.repec.org/n?u=RePEc:diw:diwwpp:dp1804&r=all
  17. By: Bedareva, Larisa (Бедарева, Лариса) (The Russian Presidential Academy of National Economy and Public Administration); Belyakov, Sergey (Беляков, Сергей) (The Russian Presidential Academy of National Economy and Public Administration); Grigor'ev, Valeriy (Григорьев, Валерий) (The Russian Presidential Academy of National Economy and Public Administration); Klyachko, Tatiana (Клячко, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Polushkina, Anna (Полушкина, Анна) (The Russian Presidential Academy of National Economy and Public Administration); Polushkina, Elena (Полушкина, Елена) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper presents the results of a study to improve the efficiency of budget financing of regional education systems (using the example of the Far Eastern Federal District) by developing an interconnected set of management decisions based on the analysis methodology developed by the Center for Continuing Education Economics of the RANEPA.The assessment model proposed by the authors allows the region to achieve an increase in its level of development in the overall regional ranking of the Russian Federation, depending on the calculated statistical indicators on education, through a change in targeted areas of education financing.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041930&r=all
  18. By: Kurakova, Natalia (Куракова, Наталия) (The Russian Presidential Academy of National Economy and Public Administration); Zinov, Vladimir (Зинов, Владимир) (The Russian Presidential Academy of National Economy and Public Administration); Tsvetkova, Liliya (Цветкова, Лилия) (The Russian Presidential Academy of National Economy and Public Administration); Kupriyanova, Olga (Куприянова, Ольга) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: One of the key strategic verticals of the modern science and technology policy of the Russian Federation is the translation of applied research into the format of full life cycle projects, including all stages from solving fundamental problems to developing a prototype market product. This paper is devoted to the development of methodological approaches for making management decisions aimed at improving the effectiveness of the KSTP, the analysis of typical problems of which is carried out on the example of the program “Post-Genomic Technologies: From Genetic Editing to Synthetic Biology”.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041901&r=all
  19. By: Dobrolyubova, Elena (Добролюбова, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Tatarinova, Ludmila (Татаринова, Людмила) (The Russian Presidential Academy of National Economy and Public Administration); Yuzhakov, Vladimir (Южаков, Владимир) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The work is devoted to the problems of competitiveness of the level of wages in the civil service. The paper presents comparisons of the level of remuneration of civil servants with similar levels in foreign countries, as well as for comparable groups of positions on the Russian labor market. Based on the analysis of the competitiveness of the federal civil service and the state civil service of the constituent entities of the Russian Federation, key areas for improving the payroll of civil servants were identified, including proposals to increase the guaranteed (permanent) part of their remuneration in the general payroll on a variant basis.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041929&r=all
  20. By: Kuznetsov, Dmitriy (Кузнецов, Дмитрий) (The Russian Presidential Academy of National Economy and Public Administration); Knobel, Alexander (Кнобель, Александр) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper studies the systematic differences in the behavior of Russian manufacturing exporters and intermediaries. The theory indicates that intermediaries are an important for small and medium-sized enterprises to gain access to export markets. Russian data is supportive to this prediction, as well as to a number of other regularities regarding the behavior of intermediaries and direct exporters, which follow from theory and are observed in data from other countries. For example, there are systematic differences in the role of intermediaries depending on the different characteristics of the import-country market, the characteristics of exported goods. In conjunction with international experience of using intermediaries for export promotion, the results of this work can be used to develop optimal incentives for intermediaries and, therefore, to increase Russian non-oil exports.
    Keywords: export, foreign trade, intermediaries, firm-level data, detailed customs statistics, outsourcing, “new” new trade theory, heterogeneous firms theory
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041913&r=all
  21. By: Larionova, Marina (Ларионова, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Shelepov, Andrey (Шелепов, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Sakharov, Andrey (Сахаров, Андрей) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This study presents a comparative analysis of the mechanisms of raising capital, operational instruments and conditions for project support offered by the NDB, AIIB and "traditional" multilateral development banks, and makes an attempt to assess the trajectory of the new banks’ development and their role in the transformation of the global financial system. Despite the fact that the new development banks have quickly overcome the period of formation (the NDB has approved 26 projects worth USD 6.5 billion and AIIB – 31 projects worth USD 27.8 billion with an AIIB contribution of USD 6.2 billion), the needs of developing countries and emerging markets, where the deficit of infrastructure investment exceeds USD1 trillion, pose a challenge of accelerating financing and attracting private investment. The study presents the analysis of the possibilities for expanding the loan portfolios of the new development banks, mobilizing private investment, and strengthening their role in the system of multilateral development banks (MDBs). Besides, recommendations are made to strengthen Russian influence in the NDB and AIIB.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041926&r=all
  22. By: Kleeva, Ludmila (Клеева, Людмила) (The Russian Presidential Academy of National Economy and Public Administration); Kleev, Ivan (Клеев, Иван) (The Russian Presidential Academy of National Economy and Public Administration); Nikitova, Anna (Никитова, Анна) (The Russian Presidential Academy of National Economy and Public Administration); Krotov, Alexander (Кротов, Александр) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper examines the development trends of the elements of the national innovation system: research and development, education, innovation infrastructure, which includes small innovative enterprises and their supporting structures, real production, and government bodies of Russia. Particular attention is paid to the reasons for the low innovation activity of domestic enterprises.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041902&r=all
  23. By: Klyachko, Tatiana (Клячко, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Kovalenko, Aleksey (Коваленко, Алексей) (The Russian Presidential Academy of National Economy and Public Administration); Polushkina, Elena (Полушкина, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Fedotov, Aleksandr (Федотов, Александр) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper presents some generalized results of a comprehensive analysis of the state, structure, features of the NGO system, obtained on the basis of research materials conducted by employees of the Center for the Economics of Continuing Education of the RANEPA in 2013-2018. The paper defines the tasks, functions and mechanisms of functioning of the system of management of vocational education and professional educational organizations.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041906&r=all
  24. By: Dukanich, Ludmila (Дуканич, Людмила) (The Russian Presidential Academy of National Economy and Public Administration); Korobeynikova, Svetlana (Коробейникова, Светлана) (The Russian Presidential Academy of National Economy and Public Administration); Aleksandrova, Olga (Александрова, Ольга) (The Russian Presidential Academy of National Economy and Public Administration); Tikhanova, Estella (Тиханова, Эстелла) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper attempts to formulate a scientific and practical approach to solving the problem of organizational development of Russian business education during the transition to a digital economy, taking into account its main distinguishing features
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041909&r=all
  25. By: Danilov, Yuriy (Данилов, Юрий) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper deals with the promotion of long-term household investments in financial instruments. The use of both financial (tax) and non-financial (primarily institutional) incentives is analyzed. The main results of the analysis of foreign experience of similar incentives, as well as the first results of the application of individual investment accounts in the Russian Federation are given. Proposals were formulated for applying tax incentives, expanding the scope of application of individual investment accounts, including for forming pension capital, and developing mechanisms for suppressing non-market risks that impede household investments in the financial market, among which special attention was paid to the compensation fund project.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041904&r=all
  26. By: Dobronravova, Elizaveta (Добронравова, Елизавета) (The Russian Presidential Academy of National Economy and Public Administration); Perevyshin, Yuriy (Перевышин, Юрий) (The Russian Presidential Academy of National Economy and Public Administration); Shemyakina, Kira (Шемякина, Кира) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: We examined the implementation of the law of one price in Russian regions, highlighted the factors affecting the differences in regional price levels and identified the causes of inflation differentiation across different regions. We also defined threshold of regional prices, which triggers market forces, causing the alignment of regional prices. The study shows that the law of one price in Russian regions fails for most goods.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041919&r=all
  27. By: Kuklin, Vladimir (Куклин, Владимир) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper presents the results of the analysis of the national experience of state accreditation in the higher education system, consideres the elements of similar foreign accreditation systems. The analysis of the current system of state accreditation was carried out and proposals for its reform were presented.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041915&r=all
  28. By: Larionova, Marina (Ларионова, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Ignatov, Alexander (Игнатов, Александр) (The Russian Presidential Academy of National Economy and Public Administration); Popova, Irina (Попова, Ирина) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: This paper presents the results of a compliance analysis for the G20 and BRICS commitments made at Hamburg and Xiamen summits in 2017, provides comparative assessment of the G20 and BRICS compliance for promotion of Russia’s economic priorities and puts forward recommendations for promotion of Russia’s policy priorities. The G20 compliance performance results reflect major trends in modern world economy: deepening digitalization, search for a compromise in climate change agenda, the dual nature of international trade with rising protectionism stifling liberalization, the absence of agreement on the refugees’ problem. The compliance with the Xiamen summit commitments is high, though a bit lower than with the last year’s summit, which is connected with the large number of commitments, their more ambitious character, more precise wordings and longer time-lines needed for compliance. A comparative analysis of the G20 and BRICS compliance confirms that in the G20 cooperation and implementation of decisions in the field of employment, digital economy, financial regulation, financial institutions and international trade system reform should be pursued. In BRICS it is necessary to consolidate and expand practical cooperation in the fields of healthcare, technology transfer, ICT and expanding Internet access, developing SMEs and promoting their participation in global value chains. At the same time coordination of positions with the BRICS partners on key global governance issues and efforts for their promotion in the agenda of other international institutions should be strengthened.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041925&r=all
  29. By: Perevyshin, Yuriy (Перевышин, Юрий) (The Russian Presidential Academy of National Economy and Public Administration); Petrova, Diana (Петрова, Диана) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Inflation expectations of economic agents play a key role in the efficiency of monetary policy conducted by a central bank. In this study we obtained estimates of inflation expectations based on the government bonds yields. We also developed methodology for conducting a population survey on the perceived and expected change in prices, and summarized results of the first such survey. After that we simulated the effects of the monetary policy shock with various methods of inflation expectations formation. Finally, we assessed the degree of confidence in the actions and policies of the Bank of Russia by households and the expert community.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041918&r=all
  30. By: Klimanov, Vladimir (Климанов, Владимир) (The Russian Presidential Academy of National Economy and Public Administration); Mikhailova, Anna (Михайлова, Анна) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The presented work determines the role of openness of the budget in the socio-economic development of the state, studies the theoretical features of the use of the budget in public administration; carries out the systematization of foreign experience in introducing openness of the budget, also analyzes the degree of influence of the transparency of states; analyses of domestic experiments on the implementation of the system of budget transparency, the budget for citizens, the national budget, the initiative budget and participatory budgeting at the federal and regional levels; reveals the positive and negative consequences of increasing the openness of the budget to various processes in the system of state and municipal government for the Russian Federation.
    Keywords: budget openness, budget transparency, budget for citizens, electronic budget, International Budget Partnership
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041922&r=all
  31. By: Gromov, Vladimir (Громов, Владимир) (The Russian Presidential Academy of National Economy and Public Administration); Zakharenkova, Elena (Захаренкова, Елена) (The Russian Presidential Academy of National Economy and Public Administration); Korytin, Andrey (Корытин, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Milogolov, Nikolay (Милоголов, Николай) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The paper deals with various aspects of one of the most important problems of present day – tax evasion. The desire to minimize taxes often encourages taxpayers to look for ways to circumvent tax legislation in order to get tax benefits without being liable for that. Tax schemes are the challenge for any state, but to overcome this problem we need a comprehensive approach that includes institutional and technological, tax and legal solutions.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041908&r=all
  32. By: Zane Zeibote (LU - University of Latvia); Tatjana Volkova (BA School of Business and Finance); Kiril Todorov (UNWE - University of National and World Economy)
    Abstract: The objective of this study is to conduct an analysis of regional development and competitiveness in the EU and Latvia under current conditions of economic globalization. This paper makes an attempt to evaluate a theory of regional development and regional competitiveness concept in relation to regional competitiveness in the light of current global economic changes. The authors emphasise that the regional development is based on competitive advantages, which has been a subject of fundamental research by Michal Porter and that serves as a basis for the current scientific methodology to assess competitiveness of regions and countries. The authors support a view of many scholars to consider regional competitiveness as the capacity of a region (or country) to create and support competitive economic environment. Further research reveals the impact of globalization on regional development by analysing interaction between the Globalization Index (GI) and the Global Competitiveness Index (GCI). Quantitative and qualitative analysis, i.e. literature analysis, comparative analysis and correlation analysis performed for this study reflect that competitiveness under global economic conditions is determined by the development stage of each region – competitiveness of a less developed region is more dependent on production factors, while competitiveness of a higher developed region is based on innovation. The correlation analysis reveals that the impact of globalization is stronger for those EU countries, which are in the efficiency-driven stage of development thank for those, which are in the innovation-driven stage. The results of this research could be useful for economic policy makers to determine the role of institutions, policy instruments and factors, which are necessary for attaining higher productivity, efficiency and profitability better withstand forces of competition on global and regional markets.
    Keywords: Latvia,regional development,competitiveness,globalisation,impact,the EU
    Date: 2019–03–30
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-02115275&r=all
  33. By: Vikulov, Alexandr (Викулов, Александр) (The Russian Presidential Academy of National Economy and Public Administration (Povolzhsky Institute of management named after P.A. Stolypin – branch of RANEPA))
    Abstract: The constitution of the RF has been providing its core functions for a long time. Government and society collaboration demonstrated that making constitutional changes should correspond to standard of living and formed realities of the lives. “Breakdowns” and violation of constitutional legitimacy primarily cause all tragedies in states.
    Keywords: The constitution of the Russian Federation, local administration, government and society
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:ppaper:041942&r=all
  34. By: Svetlov, Nikolay (Светлов, Николай) (The Russian Presidential Academy of National Economy and Public Administration); Loginov, Dmitriy (Логинов, Дмитрий) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: It has been shown that in the long term, the presence of unused farmland on the northern border of the grain belt of European Russia will contribute to the development of grain production, but this process will, firstly, be gradual and involve relatively small areas, and secondly, it will have the necessary prerequisite for using optimal tools agrarian policy, among which the support of research and development works is coming to the fore. An assessment of the effectiveness of grain sales in a given territory, including by type, and for wheat, by class, is given for the two studied scenarios for involving unused agricultural land (in the absence and with scientific and technological progress) in comparison with the fact. The research methodology is based on the use of two mathematical models, one of which calculates the optimal agrarian policy for the future of 25 years while maintaining equilibrium conditions in the markets of grain, potatoes and the rest of crop production, the other reproduces the behavior of the aggregate agricultural organizations by maximizing the marginal income for non-parametric production capacities for 24 products of agriculture.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041932&r=all
  35. By: Bashkatov, Igor (Башкатов, Игорь) (The Russian Presidential Academy of National Economy and Public Administration); Verglinskiy, Andrey (Верглинский, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Savchenko, Igor (Савченко, Игорь) (The Russian Presidential Academy of National Economy and Public Administration); Shturbina, Natalia (Штурбина, Наталья) (The Russian Presidential Academy of National Economy and Public Administration); Yakhontova, Elena (Яхонтова, Елена) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The sophisticated environment in which modern educational systems are developing has determined the necessity of transition to fundamentally new systems of organizational management. The key difference between such systems and traditional management systems is that they take into account cultural and value characteristics of organizations, which requires integration of formal and informal management mechanisms. In this regard, project management is considered as a way of systematic use of formal mechanisms of organization management and their integration with informal mechanisms. Strategic goals of education development require effective tools for their implementation. Project activities play a special role in this process. However, it is often formal and chaotic. Time has come for creating project management systems in education. Objectively, there is a contradiction between the need to ensure sustainable development of the education system and the limited capabilities of the existing tools of project management. This research is aimed at resolving this contradiction; within the framework of this work we include practical recommendations for the effective implementation of project management systems in education have been developed.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041910&r=all
  36. By: David Coady; Ian Parry; Nghia-Piotr Le; Baoping Shang
    Abstract: This paper updates estimates of fossil fuel subsidies, defined as fuel consumption times the gap between existing and efficient prices (i.e., prices warranted by supply costs, environmental costs, and revenue considerations), for 191 countries. Globally, subsidies remained large at $4.7 trillion (6.3 percent of global GDP) in 2015 and are projected at $5.2 trillion (6.5 percent of GDP) in 2017. The largest subsidizers in 2015 were China ($1.4 trillion), United States ($649 billion), Russia ($551 billion), European Union ($289 billion), and India ($209 billion). About three quarters of global subsidies are due to domestic factors—energy pricing reform thus remains largely in countries’ own national interest—while coal and petroleum together account for 85 percent of global subsidies. Efficient fossil fuel pricing in 2015 would have lowered global carbon emissions by 28 percent and fossil fuel air pollution deaths by 46 percent, and increased government revenue by 3.8 percent of GDP.
    Date: 2019–05–02
    URL: http://d.repec.org/n?u=RePEc:imf:imfwpa:19/89&r=all
  37. By: Mercedes Vera-Martín; Dominique Fayad; Sergejs Saksonovs; Wei Shi; Fang Yang
    Abstract: CCA countries achieved gains in inclusiveness over the past 20 years as incomes increased and poverty, inequality, and unemployment declined. Most of the progress occurred before the 2008–09 global financial crisis. Since then, poverty rates have barely moved and, for oil importers, remain elevated.
    Keywords: Central Asia and the Caucasus;Inclusive growth;Financial inclusion;Inclusive Growth; Caucasus and Central Asia
    URL: http://d.repec.org/n?u=RePEc:imf:imfdep:19/09&r=all
  38. By: Nataliya Matveeva (National Research University Higher School of Economics); Ivan Sterligov (National Research University Higher School of Economics); Maria Yudkevich (National Research University Higher School of Economics)
    Abstract: We estimate the effect of the Russian University excellence program (Project 5-100) initiated by the Government in 2013 on research performance of top Russian universities which received, on a competitive basis, substantial financial support within this program. To do so we use an econometric analysis of longitudinal data applying a linear growth model with mixed effects, with different characteristics of research output as dependent variables. We demonstrate that there is a significant positive effect of Project 5-100 which appeared from the very first years of its implementation – that is, the universities receiving financial support demonstrate a substantial, steady increase in publications both measured in total numbers and per capita when compared to universities from the control group. An analysis of the structure of publication output allows us to demonstrate that not only quantitative but also qualitative growth has taken place, although the impact of Project 5-100 on quality is heterogeneous across universities and disciplines. Finally, we examine to what extent the change in the structure of research output may be attributed to changes in research collaboration patterns.
    Keywords: research universities, university research performance, scientometrics, research collaboration, Web of Science, university excellence initiatives, Russia
    JEL: I23 I28 C22
    Date: 2019
    URL: http://d.repec.org/n?u=RePEc:hig:wpaper:49edu2019&r=all
  39. By: Elie Bouri (USEK Business School, Holy Spirit University of Kaslik, Jounieh, Lebanon); Riza Demirer (Department of Economics and Finance, Southern Illinois University Edwardsville, Edwardsville, IL 62026-1102, USA); Rangan Gupta (Department of Economics, University of Pretoria, Pretoria, South Africa); Xiaojin Sun (Department of Economics and Finance, University of Texas at El Paso, El Paso, TX 79968, USA)
    Abstract: This paper explores the role of business cycle proxies, measured by the output gap at the global, regional and local levels, as potential predictors of stock market volatility in the emerging BRICS nations. We observe that the emerging BRICS nations display a rather heterogeneous pattern when it comes to the relative role of idiosyncratic factors as a predictor of stock market volatility. While domestic output gap is found to capture significant predictive information for India and China particularly, the business cycles associated with emerging economies and the world in general are strongly important for the BRIC countries and weakly for South Africa, especially in the post-global financial crisis era. The findings suggest that despite the increase in the financial integration of world capital markets, emerging economies can still bear significant exposures to idiosyncratic risk factors, an issue of high importance for the profitability of global diversification strategies.
    Keywords: Stock Market Volatility, Business Cycles, BRICS, Forecasting
    JEL: C22 C53 E32 G10
    Date: 2019–05
    URL: http://d.repec.org/n?u=RePEc:pre:wpaper:201938&r=all
  40. By: Jacques Fontanel (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - UGA - Université Grenoble Alpes)
    Abstract: The United States obtained the leadership on the market economy and capitalism at the end of the World War I, which will give birth, with the USSR, to an antagonistic economic system. In spite of the economic crisis of 1929, the World War II is going to give in Washington the opportunity to reorganize the global economy and to be the undisputed political, economic, military and moral leader of the western developed countries in the face of the planned economy of Soviet Union. After the collapse of this one, the period 1990-2014 is going to be marked by the passage of the hyperpower of the end of the XXth century in the emergence of world economic, political and moral crisis situations favored by the financial speculation, the international debts or the debates on climate change, but also supported by the rise of a confrontational international terrorism and armed conflicts. At the time D. Trump settled in the White House, the Washington leadership is in question because several constituent lines of American power, collecting less the support of its allies and the globalized economic system led to expansion new inequalities which become important in social protest and social factors.
    Abstract: Les États-Unis ont obtenu le leadership sur l'économie de marché et le capitalisme à la fin de la Première guerre mondiale, laquelle accouchera, avec l'URSS, d'un système économique antagonique. Malgré la crise économique de 1929, la deuxième guerre mondiale va donner à Washington l'occasion de réorganiser l'économie mondiale et d'être le leader politique, économique, militaire et moral incontesté des pays développés occidentaux face à l'économie planifiée de l'Union Soviétique. Après l'effondrement de celle-ci, la période 1990-2014 va être marquée par le passage de l'hyperpuissance de la fin du XXe siècle à l'émergence de situations de crises économiques, politiques et morales mondiales favorisées par la spéculation financière, l'endettement international ou les débats sur le changement de climat, mais aussi soutenues par l'essor d'un terrorisme international contestataire des valeurs libérales et les conflits armés. Au moment où D. Trump s'installe à la Maison Blanche, le leadership de Washington est en question car plusieurs axes constitutifs de la puissance américaine, ne recueillent plus l'adhésion de ses alliés et le système économique globalisé conduit à l'essor de nouvelles inégalités qui deviennent des facteurs importants de contestation sociale et sociétale.
    Keywords: Capitalism,American Leadership,War,Social inequalities,Protectionism,Power,Innovation,Dollar,Economic policy,Economy of market,Environment,Debt,Financial crises,Puissance,Protectionnisme,Politique économique,Leadership américain,Inégalités sociales,Guerre,Environnement,Endettement,Economie de marché,Crises financières,Capitalisme
    Date: 2017–07–22
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-02092002&r=all
  41. By: Farid Zulfigarov; Matthias Neuenkirch
    Abstract: We examine the relationship between oil price fluctuations and economic activity in Azerbaijan using vector autoregressive models for the period 2002Q1-2018Q4. Our key results are as follows. First, quarterly GDP growth decreases after oil price innovations in both, the oil and gas sector and in the remaining economy. Downturns (upswings) in the oil and gas sector also prompt downturns (upswings) in the non-oil sector as fluctuations in oil revenues affect the government's capacity to subsidize the remaining economy. Second, oil price innovations also lead to higher inflation in Azerbaijan. In response to the required tightening of monetary policy, the manat appreciates against the US dollar. Finally, GDP effects are primarily documented after oil price increases, whereas the interest rate and the exchange rate mainly react to decreases. Inflation increases after both types of shocks, either due to the accommodative monetary policy stance in the case of oil price decreases or due to the shock itself in the case of increases.
    Keywords: Azerbaijan, Dutch disease, natural resources, oil prices, vector autoregression
    JEL: E32 Q43
    Date: 2019
    URL: http://d.repec.org/n?u=RePEc:trr:wpaper:201911&r=all
  42. By: International Monetary Fund
    Abstract: Given its bulging working-age population, creating more and better jobs is the country’s overarching priority. Uzbekistan has already implemented a first wave of important economic reforms, including foreign exchange liberalization, tax reform, and a major upgrade in statistics. Faced with a vast structural reform agenda, the authorities want to prioritize reforms that address the economy’s most damaging distortions first. The main short-term macroeconomic stability challenge is to prevent a credit boom that could generate excessive external deficits and aggravate inflation pressures.
    Date: 2019–05–09
    URL: http://d.repec.org/n?u=RePEc:imf:imfscr:19/129&r=all
  43. By: Gadiy, Ludmila (Гадий, Людмила) (The Russian Presidential Academy of National Economy and Public Administration); Drobyshevskiy, Sergey (Дробышевский, Сергей) (The Russian Presidential Academy of National Economy and Public Administration); Kiyutsevskaya, Anna (Киюцевская, Анна) (The Russian Presidential Academy of National Economy and Public Administration); Trunin, Pavel (Трунин, Павел) (The Russian Presidential Academy of National Economy and Public Administration); Sherbustanova, Maria (Шербустанова, Мария) (Gaidar Institute for Economic Policy)
    Abstract: While developed countries have been tightening their monetary policy, the importance of a risk premium as a factor that determins investment attractiveness of a recipient country and, accordingly, the direction of financial flows in the global economy significantly increases. In this context, the choice of an indicator allowing us to compare risk levels in different countries and segments of a financial market, and then identification of the risk premium’s determinants enable us to characterize the role of global and country-specific factors. Such a separation of these factors for the Russian economy will make it possible to determine the main directions of investment attractiveness’ increasing.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041920&r=all
  44. By: International Monetary Fund
    Abstract: This Fiscal Transparency Evaluation estimated Lithuania’s public sector financial position to take a more comprehensive view of public finances in Lithuania. For 2017, it estimates consolidated public sector revenue and expenditures of 40 and 39 percent of GDP, public sector asset holdings and liabilities of 165 and 96 percent of GDP, and public sector net worth of 69 percent of GDP (Table 0.2). Inclusion of public corporations increases net lending from 0.5 percent of GDP reported for the general government sector to 1.2 percent of GDP, while it decreases financial net worth from negative 21 percent of GDP reported for the general government sector to negative 41 percent of GDP.
    Date: 2019–05–03
    URL: http://d.repec.org/n?u=RePEc:imf:imfscr:19/122&r=all
  45. By: International Monetary Fund
    Abstract: Uzbekistan is embarking on a comprehensive reform program to strengthen public financial management and fiscal transparency. Wide-ranging reforms to improve the coverage, reliability, quality and accessibility of fiscal reports are being developed. To support the government’s efforts, a Fiscal Transparency Evaluation (FTE) was conducted in June 2018 to identify gaps and develop an action plan to address them. The evaluation found that Uzbekistan met the basic level of practice, or better, on 16 of 36 principles of the IMF’s Fiscal Transparency Code.
    Date: 2019–05–01
    URL: http://d.repec.org/n?u=RePEc:imf:imfscr:19/118&r=all
  46. By: Kolesnikova, Irina (Колесникова, Ирина) (The Russian Presidential Academy of National Economy and Public Administration); Raevsky, Sergey (Раевский, Сергей) (The Russian Presidential Academy of National Economy and Public Administration); Saveleva, Marina (Савельева, Марина) (The Russian Presidential Academy of National Economy and Public Administration); Isaev, Sergey (Исаев, Сергей) (The Russian Presidential Academy of National Economy and Public Administration); Mihalchi, Ekaterina (Михальчи, Екатерина) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: Adaptation courses are pedagogical technology for the implementation of inclusive higher education for persons with disabilities. Currently, in universities, they are not implemented systematically, narrowly focused, without taking into account the needs of students with psychophysical disorders. In connection with these provisions, this report presents a theoretical generalization of the provisions on adaptive learning and reflection on practical experience in the implementation of adaptive courses. An adaptive model of the organization of the educational process for persons with disabilities is presented, the results of its testing on the basis of the Institute of Business Studies of the RANEPA are presented, and recommendations are made on the implementation of the implementation model of adaptation courses for students with disabilities in the educational process of universities.
    Date: 2019–04
    URL: http://d.repec.org/n?u=RePEc:rnp:wpaper:041911&r=all
  47. By: International Monetary Fund
    Abstract: Uzbekistan is embarking on a comprehensive reform program to strengthen public financial management and fiscal transparency. Wide-ranging reforms to improve the coverage, reliability, quality, and accessibility of fiscal reports are being developed and implemented, and some good progress already made. More information on the use of public funds is now being disclosed. Concept notes have also been prepared to strengthen public financial management, fiscal reporting and to support the introduction of a medium-term budget framework. Successful implementation of these reforms will result in meaningful gains in fiscal transparency, which can help underpin credibility and confidence in the management of public funds and enhance transparency, accountability, and public engagement.
    Date: 2019–05–01
    URL: http://d.repec.org/n?u=RePEc:imf:imfscr:19/117&r=all

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