Pub Date : 2024-07-09DOI: 10.29141/2658-5081-2024-25-2-4
Svetlana Pyankova, Ekaterina S. Zakolyukina
The transport has a special role to play in the regional socioeconomic development, which changes depending on the prevailing trends for population mobility, introduction of advanced technologies, extension of economic connections, and growth in regional production. The study explores the problem of the interface between transport and regional economy on the example of the Ural Federal District. Methodologically, it relies on the theories of spatial development and regional economics. The main method of research is correlation and regression analysis. The evidence is the socioeconomic data on transport as well as values of gross regional product of the Ural Federal District for 2010–2020 sourced from the Federal State Statistics Service of the Russian Federation. The paper develops a model for forecasting GRP. The analysis indicates the presence of the relationship between the socioeconomic metrics of the transport sector and gross regional product of the Ural Federal District. In particular, there is the correlation between the indicators “density of public roads with hard surface”, “deaths in road accidents per 100,000 population” and gross regional product of the Ural Federal District. The paper concludes about the need to develop a composite indicator for assessing the transport sector that will reflect the ongoing digital modernisation and introduction of innovations.
{"title":"The effect of transport parameters on regional economic development: The case of the Ural Federal District","authors":"Svetlana Pyankova, Ekaterina S. Zakolyukina","doi":"10.29141/2658-5081-2024-25-2-4","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-2-4","url":null,"abstract":"The transport has a special role to play in the regional socioeconomic development, which changes depending on the prevailing trends for population mobility, introduction of advanced technologies, extension of economic connections, and growth in regional production. The study explores the problem of the interface between transport and regional economy on the example of the Ural Federal District. Methodologically, it relies on the theories of spatial development and regional economics. The main method of research is correlation and regression analysis. The evidence is the socioeconomic data on transport as well as values of gross regional product of the Ural Federal District for 2010–2020 sourced from the Federal State Statistics Service of the Russian Federation. The paper develops a model for forecasting GRP. The analysis indicates the presence of the relationship between the socioeconomic metrics of the transport sector and gross regional product of the Ural Federal District. In particular, there is the correlation between the indicators “density of public roads with hard surface”, “deaths in road accidents per 100,000 population” and gross regional product of the Ural Federal District. The paper concludes about the need to develop a composite indicator for assessing the transport sector that will reflect the ongoing digital modernisation and introduction of innovations.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"26 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141663661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-09DOI: 10.29141/2658-5081-2024-25-2-5
Natalya V. Krivenko
The need to consider economic risks and respond to demographic challenges pushes the issues of creating and maintaining the quality of regions’ human potential, as well as saving population health to the research agenda. The aim of the study is to investigate the resourcing of regional health care systems in Russia in order to determine the level of medical care accessibility. Methodologically, the paper relies on the concepts of systems and regional economics, labour economics. The study applies time series and comparative analyses, as well as index, score-rating methods, composite coefficients calculation. The data is the socioeconomic and health care statistics by federal districts for 2005–2022 taken from the Federal State Statistics Service of the Russian Federation. The paper finds that regions differ in terms of the level of the medical care accessibility. Reportedly, the Ural Federal District ranked high for the efficiency of regional health care systems in 2021, which, according to the analysis, is due to the developed systems of preventive and emergency care. Conversely, the Siberian and Far Eastern Federal Districts were at the bottom of the ranking because of the deficit of physicians in emergency departments and scarce health care financing. The findings may underlie the development of measures on the improvement of health care resourcing, management, and efficiency both at national and regional levels.
{"title":"The level of medical care accessibility in Russia: Regional differentiation","authors":"Natalya V. Krivenko","doi":"10.29141/2658-5081-2024-25-2-5","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-2-5","url":null,"abstract":"The need to consider economic risks and respond to demographic challenges pushes the issues of creating and maintaining the quality of regions’ human potential, as well as saving population health to the research agenda. The aim of the study is to investigate the resourcing of regional health care systems in Russia in order to determine the level of medical care accessibility. Methodologically, the paper relies on the concepts of systems and regional economics, labour economics. The study applies time series and comparative analyses, as well as index, score-rating methods, composite coefficients calculation. The data is the socioeconomic and health care statistics by federal districts for 2005–2022 taken from the Federal State Statistics Service of the Russian Federation. The paper finds that regions differ in terms of the level of the medical care accessibility. Reportedly, the Ural Federal District ranked high for the efficiency of regional health care systems in 2021, which, according to the analysis, is due to the developed systems of preventive and emergency care. Conversely, the Siberian and Far Eastern Federal Districts were at the bottom of the ranking because of the deficit of physicians in emergency departments and scarce health care financing. The findings may underlie the development of measures on the improvement of health care resourcing, management, and efficiency both at national and regional levels.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"16 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141664296","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-09DOI: 10.29141/2658-5081-2024-25-2-7
E. Shershneva
The banking sector stability determines the financial immunity of a national economy. Current economic and political tensions precondition the need for predicative diagnosis of factors behind a decrease in a bank’s financial stability taking into account national specificities. The paper aims to explore the impact of intrabank parameters on a risk of deteriorated financial stability of Russian banks. The methodological basis of the study is the theory of financial management as applied to the banking practice. The research methods include content analysis, multiple regression, and logit modelling. The evidence comes from the published financial statements of Russian banks for 2018–2023. The paper suggests an approach for rating banks according to their financial stability and develops logit models for evaluating the risk of losing financial stability based on the CAMELS parameters. The analysis demonstrates a noticeable positive impact of the return on assets and a noticeable negative effect of the overdue loans share on a bank’s financial stability. At the same time, capital adequacy and current liquidity produce an ambiguous effect on the financial strength: they are significant only up to a certain point, after passing which they no longer exert any impact on the financial stability (the so-called “surplus paradox”). The study finds that the impact of the parameters differs for the mediumand long-term forecasting horizons: for a 6-month period, the return on assets is a more significant predictor of the financial instability risk, while the overdue loans share is more important for a 12-month period. The findings extend the understanding of the influence that bank’s internal factors have on their financial stability and can be useful in building the algorithms for analysing and forecasting banking risks.
{"title":"CAMELS parameters’ impact on the risk of losing financial stability: The case of Russian banks","authors":"E. Shershneva","doi":"10.29141/2658-5081-2024-25-2-7","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-2-7","url":null,"abstract":"The banking sector stability determines the financial immunity of a national economy. Current economic and political tensions precondition the need for predicative diagnosis of factors behind a decrease in a bank’s financial stability taking into account national specificities. The paper aims to explore the impact of intrabank parameters on a risk of deteriorated financial stability of Russian banks. The methodological basis of the study is the theory of financial management as applied to the banking practice. The research methods include content analysis, multiple regression, and logit modelling. The evidence comes from the published financial statements of Russian banks for 2018–2023. The paper suggests an approach for rating banks according to their financial stability and develops logit models for evaluating the risk of losing financial stability based on the CAMELS parameters. The analysis demonstrates a noticeable positive impact of the return on assets and a noticeable negative effect of the overdue loans share on a bank’s financial stability. At the same time, capital adequacy and current liquidity produce an ambiguous effect on the financial strength: they are significant only up to a certain point, after passing which they no longer exert any impact on the financial stability (the so-called “surplus paradox”). The study finds that the impact of the parameters differs for the mediumand long-term forecasting horizons: for a 6-month period, the return on assets is a more significant predictor of the financial instability risk, while the overdue loans share is more important for a 12-month period. The findings extend the understanding of the influence that bank’s internal factors have on their financial stability and can be useful in building the algorithms for analysing and forecasting banking risks.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"111 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141665829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-09DOI: 10.29141/2658-5081-2024-25-2-3
E. Animitsa, N. Vlasova, Yakov P. Silin
The growth of cities and the transformation of their urban structure reflect the impact of numerous factors: economic, political, social, ideological and others. The Ural region with its concentration of larger cities is among the most urbanised in Russia. The paper explores the urbanistic processes in the Ural region at the turn of the 20th–21st centuries in the context general economic, political and moral factors. The methodological basis of the research rests on the theories of urbanisation and urban development, and the evolutionary approach. The study uses analytical, statistical, and comparative methods. The data for 1989–2022 reflecting the dynamics of urbanistic processes is taken from the Federal State Statistics Service of the Russian Federation. The boundaries of the Ural agglomerations are sourced from the official territorial and strategic planning documents. The findings indicate several trends in the transformation of the Ural settlement system and its urbanistic structure, in particular, a qualitative change of the cities’ industrial structure, a decrease in the employment in industry and a fall in the urban population, intensification of agglomerations processes and population tending to concentrate in larger cities. The indicated processes of deurbanisation and deindustrialisation of the Ural region result in the augmented share of larger cities, greater imbalance between size groups of cities. The paper is the first to describe the Ural Urban Square that encompasses four larger urban agglomerations – Ekaterinburg, Chelyabinsk, Ufa, and Perm. The paper underscores that the Ural Urban Square becomes a place of concentration of investment, human, economic, and social resources, the core of the development of the Ural macroregion and its neighboring territories.
{"title":"Evolution of Ural cities at the turn of the 20th–21st centuries","authors":"E. Animitsa, N. Vlasova, Yakov P. Silin","doi":"10.29141/2658-5081-2024-25-2-3","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-2-3","url":null,"abstract":"The growth of cities and the transformation of their urban structure reflect the impact of numerous factors: economic, political, social, ideological and others. The Ural region with its concentration of larger cities is among the most urbanised in Russia. The paper explores the urbanistic processes in the Ural region at the turn of the 20th–21st centuries in the context general economic, political and moral factors. The methodological basis of the research rests on the theories of urbanisation and urban development, and the evolutionary approach. The study uses analytical, statistical, and comparative methods. The data for 1989–2022 reflecting the dynamics of urbanistic processes is taken from the Federal State Statistics Service of the Russian Federation. The boundaries of the Ural agglomerations are sourced from the official territorial and strategic planning documents. The findings indicate several trends in the transformation of the Ural settlement system and its urbanistic structure, in particular, a qualitative change of the cities’ industrial structure, a decrease in the employment in industry and a fall in the urban population, intensification of agglomerations processes and population tending to concentrate in larger cities. The indicated processes of deurbanisation and deindustrialisation of the Ural region result in the augmented share of larger cities, greater imbalance between size groups of cities. The paper is the first to describe the Ural Urban Square that encompasses four larger urban agglomerations – Ekaterinburg, Chelyabinsk, Ufa, and Perm. The paper underscores that the Ural Urban Square becomes a place of concentration of investment, human, economic, and social resources, the core of the development of the Ural macroregion and its neighboring territories.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"20 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141663766","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-09DOI: 10.29141/2658-5081-2024-25-2-2
Olga A. ч Olga A. Kusraeva
A nation brand impacts on a country’s economic development, stimulating or, contrarily, limiting people and organisations’ readiness to invest various resources within a particular jurisdiction. Simultaneously, a nation brand originates in all activities of organisations operating in the country’s territory. The paper aims to develop theoretical foundations of the nation brand management as a system. The methodological basis of the study is the concept of nation branding and the systems approach. A set of general scientific methods of analysis, synthesis, systematisation and generalisation are used. As a result, the paper provides and describes a system for the nation brand management that comprises input (existing perception of a country), transformation processes (creation of an image), and output (the image shaped). The value of the developed system lies in its ability to coordinate the interests of diverse stakeholders. The article presents a vision of 7-S model implementation for the nation brand based on the understanding of the relationships that lead to the formation of nation brand as well as the representation of external and internal dynamic processes that evolve over time, etc. The findings contribute to grasping the essence of the nation brand management using the principles of the systems approach, which potentially enhances the country’s economic development.
{"title":"Nation brand: A systems approach to the creation and management","authors":"Olga A. ч Olga A. Kusraeva","doi":"10.29141/2658-5081-2024-25-2-2","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-2-2","url":null,"abstract":"A nation brand impacts on a country’s economic development, stimulating or, contrarily, limiting people and organisations’ readiness to invest various resources within a particular jurisdiction. Simultaneously, a nation brand originates in all activities of organisations operating in the country’s territory. The paper aims to develop theoretical foundations of the nation brand management as a system. The methodological basis of the study is the concept of nation branding and the systems approach. A set of general scientific methods of analysis, synthesis, systematisation and generalisation are used. As a result, the paper provides and describes a system for the nation brand management that comprises input (existing perception of a country), transformation processes (creation of an image), and output (the image shaped). The value of the developed system lies in its ability to coordinate the interests of diverse stakeholders. The article presents a vision of 7-S model implementation for the nation brand based on the understanding of the relationships that lead to the formation of nation brand as well as the representation of external and internal dynamic processes that evolve over time, etc. The findings contribute to grasping the essence of the nation brand management using the principles of the systems approach, which potentially enhances the country’s economic development.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"46 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141663735","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-09DOI: 10.29141/2658-5081-2024-25-2-6
Victor Ye. Kovalev, E. Antineskul
Tightening competition among food retailers stimulates them to develop new formats of stores for urban spaces, which also can be economically efficient in rural areas. Appearance of a new format of stores that excites clientele’s interest and is able to compete with pick-up points and liquor stores may become a key to the domination in the market. The paper examines the prospects of creating an optimal format for food retailers that hold potential for spread in rural areas. Methodologically, the study relies on a systems approach, the cyclical theory of retail, and spatial development theories. The method encompasses three stages: first, holding a comparative analysis of the format structure of food retailers for 2015–2023; second, evaluating the territorial distribution of the two formats of retail chains (hard discounters and convenience stores) using the case of Volga and Ural Federal Districts; third, determining new formats of retail chains outside cities. Based on the analysis of market trends in the development of retail chain stores the paper suggests a conceptual model of the optimal retail format for rural areas with respect to product range, pricing, distribution of sales area, and additional services. The suggestions about the improvements in the model of the retail format for rural areas may spur the retail trade growth and promote the development of trade infrastructure outside urban areas.
{"title":"Food retail in rural areas: Choosing the optimal format","authors":"Victor Ye. Kovalev, E. Antineskul","doi":"10.29141/2658-5081-2024-25-2-6","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-2-6","url":null,"abstract":"Tightening competition among food retailers stimulates them to develop new formats of stores for urban spaces, which also can be economically efficient in rural areas. Appearance of a new format of stores that excites clientele’s interest and is able to compete with pick-up points and liquor stores may become a key to the domination in the market. The paper examines the prospects of creating an optimal format for food retailers that hold potential for spread in rural areas. Methodologically, the study relies on a systems approach, the cyclical theory of retail, and spatial development theories. The method encompasses three stages: first, holding a comparative analysis of the format structure of food retailers for 2015–2023; second, evaluating the territorial distribution of the two formats of retail chains (hard discounters and convenience stores) using the case of Volga and Ural Federal Districts; third, determining new formats of retail chains outside cities. Based on the analysis of market trends in the development of retail chain stores the paper suggests a conceptual model of the optimal retail format for rural areas with respect to product range, pricing, distribution of sales area, and additional services. The suggestions about the improvements in the model of the retail format for rural areas may spur the retail trade growth and promote the development of trade infrastructure outside urban areas.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"19 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141663776","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-09DOI: 10.29141/2658-5081-2024-25-2-1
E. Balatsky
In the face of large-scale international sanctions imposed by the collective West against Russia, it becomes imperative to reevaluate the conventional framework for guiding the Russian economy amid the emerging challenges and limitations. The article explores a multilevel system for managing Russian economy in the context of the global confrontation. The methodological foundation resides in the selective “incremental changes ideology” emphasising the necessity for disaggregation and decentralisation of economic policies to maximise the timeliness of managerial decisions. This approach contrasts with the holistic “total regulation ideology”, which focuses on the national development strategy on planning and reaching aggregate economic indicators. The paper applies the methods of traditional structural cybernetic and graphical modelling of social systems allowing for the specificities of the external environment. The evidence comes from a cluster of the most recent studies approaching the role of the international sanctions phenomenon in building an efficient national economy from different angles. The author presents an original graphical four-circuit concentric model complemented by a functional description of its constituent circuits (the core, priority industries, new production, and supporting industries) and management methods. The article provides examples of the management measures (massive centralised lending for new microchip production, creation of the state corporation Rospharma, etc.) that can be implemented within the four circuits of the model. These measures can be both soft (‘weak’) and hard (‘strong’) depending on whether they reject or take on administrative enforcement. It is noteworthy that the selective governance model will gradually evolve into a holistic model over time.
{"title":"The multilevel management system for Russian economy amid sanctions","authors":"E. Balatsky","doi":"10.29141/2658-5081-2024-25-2-1","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-2-1","url":null,"abstract":"In the face of large-scale international sanctions imposed by the collective West against Russia, it becomes imperative to reevaluate the conventional framework for guiding the Russian economy amid the emerging challenges and limitations. The article explores a multilevel system for managing Russian economy in the context of the global confrontation. The methodological foundation resides in the selective “incremental changes ideology” emphasising the necessity for disaggregation and decentralisation of economic policies to maximise the timeliness of managerial decisions. This approach contrasts with the holistic “total regulation ideology”, which focuses on the national development strategy on planning and reaching aggregate economic indicators. The paper applies the methods of traditional structural cybernetic and graphical modelling of social systems allowing for the specificities of the external environment. The evidence comes from a cluster of the most recent studies approaching the role of the international sanctions phenomenon in building an efficient national economy from different angles. The author presents an original graphical four-circuit concentric model complemented by a functional description of its constituent circuits (the core, priority industries, new production, and supporting industries) and management methods. The article provides examples of the management measures (massive centralised lending for new microchip production, creation of the state corporation Rospharma, etc.) that can be implemented within the four circuits of the model. These measures can be both soft (‘weak’) and hard (‘strong’) depending on whether they reject or take on administrative enforcement. It is noteworthy that the selective governance model will gradually evolve into a holistic model over time.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"69 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141662864","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-05DOI: 10.29141/2658-5081-2024-25-1-7
Irina Tkachenko, Ivan Chechulin
Currently, the most frequently used models for forecasting the probability of company bankruptcy in the housing and utilities sector lack accuracy. The hypothesis is put forward that crisis resilience of a company can be assessed based on its adaptive capabilities. The paper aims to construct a more accurate compared to the known regression model for predicting bankruptcies, as well as develop models for assessing the quality of crisis adaptation management at public utility companies allowing for the stakeholders’ interests and peculiarities of their interface. The methodological basis of the study consists of the theory of crisis management and a stakeholder approach. The methods include multiple regression analysis, stakeholder mapping, sociological survey, and expert assessments. The evidence comes from the accounting and statistical reporting of 49 public utility companies, materials of arbitration cases, survey results of 33 heads of organisations obtained in the period from February to March 2023. The theoretical developments are implemented within the empirical studies of public utility companies. To improve crisis adaptation and resilience of public utility companies the findings recommend to launch staff training programmes, establish mechanisms for horizontal intra-sectoral connections and maintain cooperation at the level of public authorities in order to control investments in the housing and utilities sector.
{"title":"Crisis resilience assessment and management of public utility companies","authors":"Irina Tkachenko, Ivan Chechulin","doi":"10.29141/2658-5081-2024-25-1-7","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-1-7","url":null,"abstract":"Currently, the most frequently used models for forecasting the probability of company bankruptcy in the housing and utilities sector lack accuracy. The hypothesis is put forward that crisis resilience of a company can be assessed based on its adaptive capabilities. The paper aims to construct a more accurate compared to the known regression model for predicting bankruptcies, as well as develop models for assessing the quality of crisis adaptation management at public utility companies allowing for the stakeholders’ interests and peculiarities of their interface. The methodological basis of the study consists of the theory of crisis management and a stakeholder approach. The methods include multiple regression analysis, stakeholder mapping, sociological survey, and expert assessments. The evidence comes from the accounting and statistical reporting of 49 public utility companies, materials of arbitration cases, survey results of 33 heads of organisations obtained in the period from February to March 2023. The theoretical developments are implemented within the empirical studies of public utility companies. To improve crisis adaptation and resilience of public utility companies the findings recommend to launch staff training programmes, establish mechanisms for horizontal intra-sectoral connections and maintain cooperation at the level of public authorities in order to control investments in the housing and utilities sector.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"20 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140737308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-05DOI: 10.29141/2658-5081-2024-25-1-1
Oleg Sukharev
Industry is the substratum of material production and the economy as a whole. Numerous discussions about the need for new industrialisation make us turn again to the analysis of the state of industrial potential and results of industrial development in Russia. The study aims to explain the performance of the Russian industry in terms of the most relevant and aggregated indicators characterising its functioning, and to formulate its long-term development tasks. The methodological basis of the study is the theory of industrial development. Methods of planning and industrial analysis are used. The evidence is the data for 2012–2022 retrieved from the Federal State Statistics Service of the Russian Federation and the Unified Interdepartmental Statistical Information System. The research concludes about the ‘contracted’ development of the Russian industry. The growth rate of the gross value added is more significantly impacted by the dynamics of fixed capital rather than that of labour. Yet the labour contributed greatly to the creation of the new value, which indicates the predominance of labour-intensive technologies, or obsolete capital-intensive technologies. The study empirically confirms that some periods saw a ‘paradox of rapid industrialisation’, that is, a substantially lower rate of economic growth against a higher growth of industry and modernisation of its fixed assets. The general conclusion is that when conducting industrial policy, it is necessary to influence the state of the labour and capital factors in the manufacturing sectors. The industrialisation of the Russian economy needs to be oriented towards the technological substitution through the creation of new fixed assets; in addition, the losses of greatly reduced labour potential should be compensated. A promising avenue is the organisation of analytical planning for the state-owned industry and indicative planning for private industries along with the adoption of a law on the state sector.
{"title":"Development of Russia’s industry: Some regularities and prospects","authors":"Oleg Sukharev","doi":"10.29141/2658-5081-2024-25-1-1","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-1-1","url":null,"abstract":"Industry is the substratum of material production and the economy as a whole. Numerous discussions about the need for new industrialisation make us turn again to the analysis of the state of industrial potential and results of industrial development in Russia. The study aims to explain the performance of the Russian industry in terms of the most relevant and aggregated indicators characterising its functioning, and to formulate its long-term development tasks. The methodological basis of the study is the theory of industrial development. Methods of planning and industrial analysis are used. The evidence is the data for 2012–2022 retrieved from the Federal State Statistics Service of the Russian Federation and the Unified Interdepartmental Statistical Information System. The research concludes about the ‘contracted’ development of the Russian industry. The growth rate of the gross value added is more significantly impacted by the dynamics of fixed capital rather than that of labour. Yet the labour contributed greatly to the creation of the new value, which indicates the predominance of labour-intensive technologies, or obsolete capital-intensive technologies. The study empirically confirms that some periods saw a ‘paradox of rapid industrialisation’, that is, a substantially lower rate of economic growth against a higher growth of industry and modernisation of its fixed assets. The general conclusion is that when conducting industrial policy, it is necessary to influence the state of the labour and capital factors in the manufacturing sectors. The industrialisation of the Russian economy needs to be oriented towards the technological substitution through the creation of new fixed assets; in addition, the losses of greatly reduced labour potential should be compensated. A promising avenue is the organisation of analytical planning for the state-owned industry and indicative planning for private industries along with the adoption of a law on the state sector.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"87 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140740740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The energy strategy of Russia involves a transition to a diversified energy generation characterised by a structural diversity of plant types, as well as the use of small-scale energy technologies. The purpose of the study is to identify the barriers that hinder the implementation of small-scale power generation in the Russian Federation and justify the avenues for its development. Methodologically, the paper relies on the systems approach. Methods of content and logical structural analysis, in-depth interviews are applied. The empirical evidence comes from analytical reports, normative and legal documents, as well as results of surveys of 96 specialists in the field and heads of power plants and power engineering enterprises conducted during 2021– 2023. The findings indicate there are four groups of problems in the Russian energy system: technological backwardness; difficulties with integration of small-scale power generation facilities into the energy market; absence of state support mechanisms; surplus of power generation capacity. Accordingly, the paper provides recommendations for overcoming them, in particular, it is necessary to introduce mechanisms for the support of small-scale power engineering and integration with engineering and consultancy companies, as well as make use of energy service agreements; second, to introduce standards for connecting small-scale power generation facilities, develop guidelines for designing and commissioning them; third, to amend tax regulations and learn from successful foreign experience; fourth, to replace retired power generation equipment with new small-scale power generation facilities located closer to load centres. The theoretical significance of the research is linked with detailing the concept “small-scale power generation” as a segment of energy sector as well as its structure in relation to the Russian Federation, specifying classification characteristics of low-capacity power units. The findings are practically valuable for government authorities, power generation enterprises and equipment manufacturers due to the developed organisational and methodological guidelines.
{"title":"Institutional barriers to the development of small-scale power generation in Russia","authors":"Mikhail Kozhevnikov, Artem Dvinyaninov, Nikita Sapozhnikov","doi":"10.29141/2658-5081-2024-25-1-6","DOIUrl":"https://doi.org/10.29141/2658-5081-2024-25-1-6","url":null,"abstract":"The energy strategy of Russia involves a transition to a diversified energy generation characterised by a structural diversity of plant types, as well as the use of small-scale energy technologies. The purpose of the study is to identify the barriers that hinder the implementation of small-scale power generation in the Russian Federation and justify the avenues for its development. Methodologically, the paper relies on the systems approach. Methods of content and logical structural analysis, in-depth interviews are applied. The empirical evidence comes from analytical reports, normative and legal documents, as well as results of surveys of 96 specialists in the field and heads of power plants and power engineering enterprises conducted during 2021– 2023. The findings indicate there are four groups of problems in the Russian energy system: technological backwardness; difficulties with integration of small-scale power generation facilities into the energy market; absence of state support mechanisms; surplus of power generation capacity. Accordingly, the paper provides recommendations for overcoming them, in particular, it is necessary to introduce mechanisms for the support of small-scale power engineering and integration with engineering and consultancy companies, as well as make use of energy service agreements; second, to introduce standards for connecting small-scale power generation facilities, develop guidelines for designing and commissioning them; third, to amend tax regulations and learn from successful foreign experience; fourth, to replace retired power generation equipment with new small-scale power generation facilities located closer to load centres. The theoretical significance of the research is linked with detailing the concept “small-scale power generation” as a segment of energy sector as well as its structure in relation to the Russian Federation, specifying classification characteristics of low-capacity power units. The findings are practically valuable for government authorities, power generation enterprises and equipment manufacturers due to the developed organisational and methodological guidelines.","PeriodicalId":33954,"journal":{"name":"Journal of New Economy","volume":"22 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140739111","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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