Alexander V. Velichko
Candidate of Economic Sciences (PhD), Associate Professor, Department of Economics and Management, Moscow Aviation Institute, branch “Take-off”, Akhtubinsk, Russia, This email address is being protected from spambots. You need JavaScript enabled to view it.

Journal of Economic Regulation, 2020, Vol. 11 (no. 1),

p. 36-47
DOI: 10.17835/2078-5429.2020.11.1.036-047

The economic nature of local budget revenues is considered as financial support for the development of the regionʼs social infrastructure. The income structure of local budgets today indicates an increase in trends towards centralization of fiscal resources, as well as in the increase in the share of inter-budget transfers in relation to taxes. The necessity of increasing the share of income (expenses) of the consolidated budget of the Volgograd region in relation to the gross regional product (GRP) is substantiated. Considering the problem of budgetary provision of social infrastructure, it is important to establish priorities between spending on social goals and on the national economy. The allocation of funds to the economy will create the prerequisites for the growth of GRP and, on the one hand, it will increase the budgetʼs ability to finance social institutions, and on the other, it will reduce budgetary stress, as it reduces the need for social protection itself. Reforming inter-budgetary relations in the Russian Federation will require establishing a balance of interests between local governments and the state. The basis of the balance of interests may be such a distribution of income that would make it possible on the ground, firstly, to exist at the expense of their own and not borrowed funds. Secondly, the budget, in conjunction with local authorities, should become a source of economic development and social infrastructure of the territory. The municipal ownership form, as well as the income received from its sale, plays a significant role in the process of generating local budget revenues. It is concluded that the fulfillment by the local authorities of the functions for financing social infrastructure should be based on the fact that each person living in this territory or an enterprise located on it bears financial obligations in accordance with their financial situation.

Nataliya N. Shash
Doctor of Economics, Professor of Financial Management Department, Plekhanov Russian University of Economics, This email address is being protected from spambots. You need JavaScript enabled to view it.

Pham Truong T. D.
Postgraduate Student of Financial Management Department, Plekhanov Russian University of Economics, This email address is being protected from spambots. You need JavaScript enabled to view it.

Journal of Economic Regulation, 2020, Vol. 11 (no. 1),

p. 48-62
DOI: 10.17835/2078-5429.2020.11.1.048-062

The paper is devoted to assessing the impact of institutional environment factors on the development of the institutional structure of the financial systems of Japan and Singapore. The relationship between the level of formation of the institutional environment of the national financial system and the quality of its institutional structure, the formation and development of which is influenced by the factors of the institutional environment (both external and internal). Institutional factors that have the strongest impact on the efficiency of the key elements of the financial system are identified, and indicators and indicators reflecting the level of development of its key elements are proposed. It is proved that to analyze the level of formation of the institutional financial environment it is advisable to use the indicator of financial depth. The models of financial development are analyzed and the results of the financial development of Japan and Singapore, including the assessment of the financial depth of financial systems, are presented. By means of the correlation analysis various types of interrelations between indicators of an assessment of formation of the institutional environment and indicators of financial depth of financial systems of Japan and Singapore were revealed. Based on the results of the study of the influence of institutional factors on the formation of the institutional environment, the criteria for the selection of variables used in the construction of models for diagnosing the quality of the institutional structure of the national financial system were proposed. The conditions for choosing the optimal models that are appropriate to use in the models of diagnostics of the institutional structure of the financial systems of Japan and Singapore are formulated.

Ainur E. Mamedova
Graduate student, Russian State Pedagogical University named after Herzen, Saint-Petersburg, Russia, This email address is being protected from spambots. You need JavaScript enabled to view it.

Journal of Economic Regulation, 2020, Vol. 11 (no. 1),

p. 63-71
DOI: 10.17835/2078-5429.2020.11.1.063-071

The article discusses the goals and objectives of effective implementation of competition policy. The need to prioritize the development of the national economy in the context of globalization processes can increase scientific and practical interest in the effectiveness of the implementation of State competition policies as an important element of the countryʼs overall economic potential. As the realities of the national economy show, in the Russian Federation economic growth in the sphere of entrepreneurship takes place in the context of deepening structural and market imbalances in the use of the resource potential of the country. It is therefore important to create an enabling environment for the effective use and development of both the economic potential of economic entities in general and the competitive potential of individual industries and mark ets in particular.

Sergey S. Tsyganenko
Doctor of Law, Professor, Southern Federal University, Rostov-on-Don, This email address is being protected from spambots. You need JavaScript enabled to view it.

Journal of Economic Regulation, 2020, Vol. 11 (no. 1),

p. 72-79
DOI: 10.17835/2078-5429.2020.11.1.072-079

The article deals with topical issues of development of criminal procedure at the present stage. New approaches in the field of theory are proposed, related to the concept of systemic and structural analysis of criminal proceedings and the important role of the category of procedural proceedings. The author 's definition of the concept of procedural proceedings in relation to criminal proceedings is given, its main characteristics and properties are considered. On this basis, some trends are formulated in the development of procedural forms of pre-trial and judicial activities - jury trial, special procedures of trial, reduced inquiry. On this basis, some trends are formulated in the development of procedural forms of pre-trial and judicial activities – jury trial, special procedures of trial, reduced inquiry. Separate aspects of process differentiation of procedural form at present stage are disclosed. The author concludes that there is a variegation of procedural forms of pretrial and judicial proceedings in the criminal case and that there is a need to establish a certain integrativeness of the institutions of criminal procedure in this part.

Natalya V. Mayorova
PhD in Economics, Associate Professor, Independent Researcher, This email address is being protected from spambots. You need JavaScript enabled to view it.

Journal of Economic Regulation, 2020, Vol. 11 (no. 1),

p. 80-86
DOI: 10.17835/2078-5429.2020.11.1.080-086

This article is devoted to the study of the motivational aspects of economic relations of subjects of the sphere of education in the context of the formation of the knowledge economy. The author of the article studied and analyzed domestic and world scientific discourse regarding the role of motivational factors in learning. The study found that motivation is a key factor in the academic activity of a modern student, determines its quality, productivity and effectiveness; without motivation, the reproduction of human capital would be impossible. The application of methods and principles of lifelong learning is an essential aspect of the formation of a knowledge economy. In this regard, the consideration of the motivational aspects of economic relations of subjects of the sphere of education in the context of the formation of a knowledge economy is very relevant. The results of the study can be used by state and regional authorities as areas for improving the activities of state and regional structures, as well as by enterprise managers as a guide for organizing production activities.

Ara V. Karyan
Associate Professor, Yerevan State University, Center for Independent Business and economic research “Logic”, Yerevan, Armenia, This email address is being protected from spambots. You need JavaScript enabled to view it.

Narek Zh. Mkrtchyan
European University at Yerevan, Armenia, This email address is being protected from spambots. You need JavaScript enabled to view it.

Journal of Economic Regulation, 2020, Vol. 11 (no. 1),

p. 87-97
DOI: 10.17835/2078-5429.2020.11.1.087-097

The article considers the essence, nature and significance of “sustainable”, “green” or “cyclic” procurements, as a category derived from the concept of sustainable development. A three-dimensional valuation model is presented as typical manner of “sustainable” or “green” procurements. The analysis of the legislative regulation of “sustainable” or green procurement in the EAEU countries is carried out. It is stated that the problem of “sustainable” procurement has not yet been included in the agenda of public procurement by the authorities and the Armenian government. It is emphasized that the introduction of a “sustainable” procurement system is a complex task that requires coordinated work in several directions at the same time, including: legal regulation with elements of peremptory provisions on the use of “sustainable” procurements in state organizations and enterprises; organizational plan and administration issues; financial and non-financial incentive mechanisms; promotion of “sustainable” procurement in the business environment; awareness of citizens in the importance and effectiveness of ultrasound – at the same time in solving economic, environmental and social problems; raising the level of knowledge and skills of managers at all levels of the public sector regarding sustainable development, including “sustainable” procurement. The importance of mastering the life cycle cost assessment of integrated services and work, as well as simple procurement of products is put forward. It is noted that an important component of the implementation of sustainable procurement is the promotion of “green” consumer behavior through campaigns and incentive measures, raising awareness of citizens about the behavior of environmentally friendly consumption and energy conservation and environmental conservation. For the legal regulation of “sustainable” procurements in the Repub lic of Armenia, an approach is put forward to implement the short-term and long-term strategies, the first being implemented on the basis of the current Law “On Procurement” of the Republic of Armenia, and the second by the adoption of a new comprehensive law on procurement.