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The Constitutional Political Economy in the Context of Theory and Practice

The Constitutional Political Economy in the Context of Theory and Practice

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 6-12

The author analyzes the subject field of constitutional political economy as a new direction in the economic theory. The application effectiveness of constitutional political economy methodology for theoretical interpretation of occurring institutional changes of interterritorial relations of Russia with Ukraine and the Republic of Crimea.

Views: 982

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Human Capital and Competitiveness of Russian Secondary School Graduates: Potential of Formation and Measurement Problems

Human Capital and Competitiveness of Russian Secondary School Graduates: Potential of Formation and Measurement Problems

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 13-25

The paper presents a conceptual model of interpretation competitiveness of secondary school graduate and evaluation indicators of human capital of high school students. The authors describe the category of competitiveness through the implementation of personal, educational, social and communicative potential at meso-level and social and communicative potential at micro-level. The paper reveals the tendencies and prospects of the general system of education development in Russia in terms of strategic planning. Relationship between indicators of human capital of secondary school graduates (such as the USE score in Russian and mathematics, the average score of the student’s certificate, the average score in mathematics and Russian, the number of missed days in the school year, the activity rate) are identified and evaluated by methods of nonparametric statistics.

Views: 853

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Theoretical Aspects to Identification of Transactional Costs

Theoretical Aspects to Identification of Transactional Costs

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 26-38

The paper deals with the description of the most important theoretical aspects to identification of transaction costs based on treatises offoreign scholars, which was published from the beginning of the 20h century till nowadays. According to John Commons’ paradigm, transaction is considered as a basic unit of institutional researches. Modern condition of researches in the sphere of transaction © Вольчик В. В., Нечаев А. Д., 2014 costs is represented as a result of analysis of Coase, Williamson Arrow, North et all views to transaction costs’ identification.

Views: 1050

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Interaction of Geoeconomic and Geopolitical Processes in the Time of Transition Towards Multipolar World Order

Interaction of Geoeconomic and Geopolitical Processes in the Time of Transition Towards Multipolar World Order

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 39-45

The key global tendencies of the modern world economy are investigated. The role of the USA and Great Britain under conditions of reshaping of the world society is analyzed. Special attention is paid to the growth of multipolarity and intensification of developing countries’ position.

Views: 1090

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Alternative to Opposition and the Power

Alternative to Opposition and the Power

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 46-57

The paper is devoted to the election processes in Armenia. The main idea of the paper is that according to the Downs' model we can predict election results, basing on the directions of the elected representatives. In areas considered to be the power, the opposition and compromise power. In contrast to the Downs' ideas, where voters split between right and left, in the paper the voter in post - Soviet countries, particularly in Armenia, where the institutions of democracy are at low development levels, chooses between the opposition and the authorities.
Additionally, the author analyzes the political business cycle in Armenia and Russia (as the main successor to the USSR), identifies the differences and similarity. As a result, we make political tool for the opposition, the authorities and for the voters. First technology allows the opposition's candidate to win the election, improving the position of the voters. Power technology assumes a situation of "no changes" - the power remains the situation without compromising the position of the voters. Technology voters - when by the rational expectations voters improve their position. In this case, no matter who wins, as both versions bring the equal "utility". The latest technology, the author obtains the indifference curves of voters. "Budget constraints" are defined in the paper. Scientific novelty of the paper is that by the micro method (the principle of utility maximization) the author tries to solve the macro problem.

Views: 1024

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Cyclicity of Stability in Economy

Cyclicity of Stability in Economy

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 58-68

The author considers the science problem of a life cycle identification of an economic agent and organizational-economic system. As an alternative solution of this problem the author proposes to use an universal index - stability index, which is directly linked with measure of uncertainty (entropy) and certainty (negentropy). Differentiated life cycle of stability allows us to approach the question of deliberate adaptation to ongoing changes, when control and resource management are done efficiently, in more adequate and, in some cases. The research gives some basic theoretical- methodological assumptions considering the stability dynamics, performs the typification of life cycle of stability, shows the significance of stability over a time horizon.

Views: 984

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Problem Analysis and Assessment of the Development of Competition in Russia

Problem Analysis and Assessment of the Development of Competition in Russia

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 69-76

The author describes the structural, behavioral and functional approaches to the competition assessment. The competition problems in Russia are analyzed. The competition development level in various sectors is estimated.

Views: 1099

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Approaches to the Structuring of Public Private Partnership Projects

Approaches to the Structuring of Public Private Partnership Projects

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 77-87

Public-private partnership (PPP) is one of the most effective tools of the national infrastructure development. The complexity of PPP projects is connected with their high capital intensity, long-term payback and the necessity of finding an optimal balance of interests among state, private parties and creditors. That’s why the effective PPP projects structuring is a pledge of its successful realization.

Views: 915

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The Process Approach in Construction of Model Strategic Management by Entrepreneurial Structure

The Process Approach in Construction of Model Strategic Management by Entrepreneurial Structure

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 88-94

In paper the scientific designs focused on actions and interactions of individuals are considered. The process model offered by the author opens ample opportunities for research of various factors of uncertainty of the environment, influencing entrepreneurial structure.

Views: 888

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Transportation Engineering: Competition Issues in the Stage of Reforming of Railway Industry

Transportation Engineering: Competition Issues in the Stage of Reforming of Railway Industry

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 95-103

The author analyzes the intermediate results of reforming of railway transportation in Russia. The characteristic of structure of the market of rolling stock, including freight cars, passenger cars, locomotives and electric trains is given. The author shows the dynamics of freight cars and locomotives output, changing Park specified rolling stock of OJSC «Russian Railways» for the period from 2001 by 2012. The market structure development of the rolling stock in conditions of reforming of railway transportation in Russia is discussed. The author makes a forecast of the post-reform state of the market of transport machine building main types ofproducts and offers ways of development of the competitive environment in railway industry.

Views: 913

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Systematic Approach of Formation Program Development Strategy of Industrial and Economic System of Alternative Energy

Systematic Approach of Formation Program Development Strategy of Industrial and Economic System of Alternative Energy

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 104-109

The paper presents the results of the author’s research in the field of ontogeny and function of alternative energy companies. A comprehensive program of strategy ontogeny of alternative energy companies is offered. The strategy will allow identifying and solving the basic development problems of the productive and economic system: providing raw materials, infrastructure development, creation of conditions for producers of biofuels, encouraging consumption of biofuels.

Views: 811

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Influence of Transnational Corporations on the Dynamics and Development of Russian Tourist Corporations

Influence of Transnational Corporations on the Dynamics and Development of Russian Tourist Corporations

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 110-115

The author analyzes the influence of transnational corporations on the development of Russian tourism companies in the globalized economy. The most important factors of influence, both on the regional economy, and the economy as a whole are determined. The influence of Russian and foreign multinational companies to increase the competitiveness of the tourism sector on a global level is considered in the paper. The factors to ensure the competitiveness of regional and global tourism sector through the creation of transnational corporations are analyzed.

Views: 1045

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Consumer Lending as Impediment and Financial Source for the Sustainable Development of the Depressed Mono-Towns (Research Proposal)

Consumer Lending as Impediment and Financial Source for the Sustainable Development of the Depressed Mono-Towns (Research Proposal)

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 116-127

Importance and relevance of research aimed at assessing financial position of households in depressed areas on the basis of comparative analyses of loan portfolios, budgets and balances of assets, liabilities and equity capitals of households are asserted. Institutional and infrastructural barriers of consumer loans impeding local social-economic development are revealed. The coordinative role of the regional and municipal authorities in reducing information asymmetry and transaction costs of interactions between the actors of the lending system; increasing loyalty and trust of mono-town residents to public authorities; creation of innovative purpose loan products; improving consumer loans sustainability on the whole is defined. As a part of the future research, a number of hypotheses related to supporting the sustainable consumer lending and improve households ’ wellbeing in the depressed mono-towns are introduced in context of interdependence between sustainable development of depressed areas and federal, regional and municipal policies. A series of crosscountry comparisons of overindebtedness and lending purposes in terms of their influence on local economic development in different countries and interregional disparities, is proposed as the section of further study.

Views: 1196

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The Issue of Early Stage Language Professionalism for Bachelors Specializing in Economics

The Issue of Early Stage Language Professionalism for Bachelors Specializing in Economics

Journal of Economic Regulation, , Vol. 5 (no. 1),
p. 128-133

This paper considers the practical aspects of professionally oriented language proficiency for Bachelor specializing in Economics. Among the most significant competences of any specialist who deals with ESP discourse competence seems one of the required. To develop this competence it is necessary to teach ESP in the course of which students learn to solve communicative problems. The paper also summarizes the experience of teaching a practical English course at non-language faculties and raises the issue of establishing a system of continuous language education. The paper suggests possible ways of forming the foundations of early stage language professionalism through teaching ESP in special classes at school or special correction groups at university.

Views: 898

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