Abstract. The article presents an analysis of approaches to the study of the problem of deindustrialization of the Russian economy in the face of increasing external shocks, in comparison with similar processes abroad. The possibilities are considered how to overcome an de-industrial trend that has developed in the Russian economy during the period of market reforms, associated with the initiation of positive structural transformations aimed at expanding the share of the industrial sector and its technological modernization. The core of the neo-industrial structural shift in the economy is shown, in comparison with the de-industrial shift, their role in the process of forming the resistance to external shocks (anti-shock and shock-enhancing) is determined. The research methodology includes a structural analysis of the de-industrial and neo-industrial processes, the technological determinism of recreating the industry, the macroeconomic effect of the results of structural anti-shock measures of a neo-industrial nature, associated with entering the trajectory of sustainable growth. Particular attention in the article is paid to multifaceted and multilevel transformations of various types of the economic structure - the core of the neo-industrial shift, the phenomenon of which unites the core of the technological order and the structure of the economy.
Keywords: neo-industrialization, de-industrialization, structural shift, external shocks, anti-shock, economic growth, technological sovereignty
Highlights:
♦ approaches to the study of the problem of deindustrialization of the Russian economy are analyzed regarding the increase of external shocks, showing the possibilities of overcoming it in the course of a neo-industrial structural shift;
♦ the core of the neo-industrial structural shift and the de-industrial anti-shift in the economy was determined, their features were identified during the period of Russian market transformations;
♦ reproduction, technological, sectoral, social components of the core of the neo-industrial structural shift are disclosed;
♦ the anti-shock role of the neo-industrial shift is shown, actualizing in the face of increasing technological, market and financial restrictions.
Abstract. The banking sector in Russia is the most prone to crisis phenomena, among which the shock of August 1998, the global financial crisis of 2008-2009, the currency crisis of 2014-2015 and the shock caused by the coronavirus pandemic of 2020 are most often singled out. In the current conditions of crisis and constant revocation of licenses, banks need to be able to quickly adapt to the current situations, as well as be able to maintain their financial stability at the same level and strengthen it. Despite the fact that the indicators of the financial stability in the banking sector as a whole correspond to optimal values, banks still have some problems in this area. In this regard, the article investigates in detail possible ways to strengthen the financial stability in the conditions of the financial sovereignty of the Russian Federation, namely: capital buildup, quality asset management, reduction of banking risks, development of stress testing methods. Undoubtedly, all these measures will help banks to avoid difficulties associated with the weakening of financial stability as a result of numerous threats. Methods such as generalization, analysis and synthesis, comparison and analogy, graphical and empirical methods are used in the work.
Keywords: credit institution, commercial bank, banking sector, strengthening financial stability
Highlights:
♦ over the past 10 years, the number of credit institutions has decreased by more than half. Most banks have ceased their activities due to bankruptcy and compulsory license revocation;
♦ in the current realities, ensuring and strengthening the financial stability of banks is impossible without capital buildup, quality asset management, risk minimization, application and development of stress testing methods;
♦ in the sphere of the financial stability, it is very important for banks to maintain a high level of qualification of personnel and management, be able to make quick and independent decisions, improve the quality of banking services and much more.
Abstract. Within the framework of the proposed article, the author, based on the results of the research, offers an original approach and own understanding of principles, goals, tasks and priorities of the development of the socio-economic system in the context of global transformation. The socio-economic system, at the same time, is considered at the macroeconomic level in the context of an unfavorable external environment, which is formed under the influence of contradictions characteristic for global transformation. They, in turn, are formed at the present stage of globalization, understood as an objective process due to the interconnections, interaction and objective interests of its participants. The principles, goals, tasks and priorities of the development of the system are part of the mechanism for the development of the socio-economic system as a whole and are integrated into the corresponding strategy.
Keywords: socio-economic system, globalization, global transformation, development of socio-economic system
Highlights:
♦ the principles of the development of the socio-economic system in the context of global transformation is defined;
♦ the purpose and objectives of the development of the socio-economic system are formulated in the context of the Russian Federation, which, in the context of global transformation, ensure the stability of the socio-economic system and its development;
♦ the main priorities of the development of the socio-economic system in the context of the spheres of the globalization manifestation are outlined, the practical implementation of which makes it possible to neutralize the negative impact of the global transformation.
Abstract. The article investigates the formation and implementation of the scientific and technical policy of the Republic of Korea in 1960-1990. The 60-year experience of using "five-year plans" in planning activities in South Korea is analyzed. The role of the United States in the formation and implementation of this policy is reflected. The materials of scientific articles devoted to the designated topic were used in the work. To implement the research, the method of analogy was used to conduct a comparative analysis when comparing the experience of Soviet industrialization of the 1920s-1930s, North and South Korea in the context of the industrialization of a certain type. Based on the results, the analysis of factors that positively or negatively influenced the formation of the scientific and technical policy of the Republic of Korea was carried out. The conclusion is made about the significant role of both the people of the Republic of Korea and its government for the implementation of the grandiose project of modernization of the country.
Keywords: Republic of Korea, the USA, science and technology policy
Highlights:
♦ American economics is perceived in the modern world as the discoverer of the South Korean "economic miracle";
♦ the close military-technical cooperation with the United States played an important role in the formation of the country`s scientific and technical policy;
♦ the main result of the modernization of the country was the formation of a sustainable scientific and technical policy of the Republic of Korea.
Abstract. The article is devoted to assessing the state of the tourism industry in Russia and the world in modern "post-Covid" realities, analyzing the contribution of tourism to the GDP of different countries and comparing the dynamics of changes in the main economic indicators over the past few years. The authors also analyze statistical indicators of Russian tourism industry organizations to develop further recommendations to representatives of the business community.
Keywords: tourism industry, contribution to GDP, volume of services of tourism organizations, investments in fixed assets, creation of new jobs, net financial result, domestic tourism market
Highlights:
♦ an assessment of the state of the tourism industry in Russia and the world in modern conditions of economic and geopolitical instability has been carried out;
♦ the volume of tourism contribution to the GDP of different countries has been determined;
♦ statistical indicators of Russian organizations of the tourism industry are shown;
♦ the author`s understanding of the possibilities for developing further recommendations to representatives of the tourist business community is given.
Abstract. The relevance of the study is due to the increasing role of India as a strategic partner of Russia in the world market in the conditions of Western sanctions. The problem is to increase the level of involvement of Russian regions in the development of foreign economic relations with India. The purpose of the study is to assess the current state of the Russian-Indian trade and economic cooperation and identify directions of its development in the regional aspect. To analyze foreign economic relations, it is proposed to develop a methodological approach to calculating the similarity index, which made it possible to assess the sectoral export specialization of the region in relation to the country. This approach is based on comparing the share of exports of products to the country with the sectoral export specialization of the region as a whole. The article presents the results of the analysis of the dynamics and structure of exports, identifies regions most actively engaged in the trade and economic activity with India. In recent years, the main export items are no longer limited to raw materials, but include machinery and equipment, chemical industry products. Exports and imports are highly concentrated in the regions of Russia. Moscow and St. Petersburg are the largest hubs of the Russian-Indian trade. The peripheral regions of Russia trade in a limited way, mainly products of regional specialization. The article emphasizes the need to reassess the transport and logistics potential of the regions through which the international transport corridor "North-South" will pass, which will connect St. Petersburg and Mumbai.
Keywords: sanctions, foreign trade, economic competitiveness, export, import, India, Russia, region, trade and economic cooperation
Highlights:
♦ due to the imposition of sanctions, India`s role as a key strategic partner is only getting stronger;
♦ the most active participants in trade and economic relations with India are Moscow, St. Petersburg, Yakutia, Nizhny Novgorod region;
♦ 70% of exports and 86% of imports are concentrated in only nine Russian regions;
♦ India, in addition to mineral products, precious metals and stones, fertilizers, is an active consumer of Russian products in the group of goods "Machinery and Equipment".
Abstract. The importance of internal financial audit in the activities of an economic entity is steadily increasing. This is due to the fact that in the current economic situation, which is characterized by various exports, companies strive to work efficiently, increase their competitiveness, which requires minimizing the costs of producing products and services, and improving their quality. This can be realized thanks to a well-organized internal financial audit as an element of the internal control system, the result of which is information for making operational and strategic management decisions. The purpose of this study is to develop theoretical provisions on the internal financial audit of a commercial organization, which allows to form control, analytical, evaluation and monitoring information about a specific audit object. The following methods were used in the course of the study: analysis, synthesis, deduction and observation. The results of the study are aimed at developing theoretical provisions on the place and role of internal financial audit in the formation of information in the management system of a commercial organization, on the establishment of the principles of its organization, on the systematization of objects, techniques and analytical procedures used during the audit. The research materials can be useful to practitioners and researchers in the field of internal financial audit and control, teachers, graduate students, undergraduates and students of higher educational institutions.
Keywords: internal control, internal financial audit, objects of internal financial audit, analytical and control procedures, auditor, audit
Highlights:
♦ the role and place of internal financial audit in the internal control system of a commercial organization are defined;
♦ the principles of the organization of the internal financial audit are substantiated;
♦ objects of the internal financial audit are systematized;
♦ the techniques and methods of the internal financial audit are highlighted.
Vera A. Manyaeva - Samara State University of Economics, Samara, Russia; Julia V. Reznikova - LLK «Ancubera Global», Samara, Russia, yulya.reznikova.15@list.ru
Abstract. The presented study is devoted to the study of the theoretical basis of the category of macro-prudential regulation of the Bank of Russia, the review of debatable issues and the generalization of positions of various researchers on the content of the concept in question in the scientific economic literature, the study of the goals of macroprudential regulation carried out by the Bank of Russia. In the course of the study, the following results were obtained: the purpose of macroprudential regulation was disclosed; the object of macroprudential regulation was identified; the content of the category of macroprudential regulation is considered and the author`s definition of macroprudential regulation of the Bank of Russia is formulated.
Keywords: macroprudential regulation, Bank of Russia, systemic risk, minimization of systemic risk, financial stability of the state, financial stability of the country`s financial market
Highlights:
♦ the purpose of macroprudential regulation is disclosed;
♦ the object of macroprudential regulation has been identified;
♦ the content of the category of macroprudential regulation was considered and the author`s definition of macroprudential regulation of the Bank of Russia was formulated.