Authors
Karpunin V. I.
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Degree
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PhD (Economics), Associate Professor, Chief Executive at the National Asset Management Fund |
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E-mail
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nfarm2003@mail.ru |
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Articles
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The state and the national banking system competitivenessIt is in the national interests of the country to form an independent and stable banking system. There should be a connection between the national priorities and the policy aimed at making the national banking system competitive on the world banking services market. The role the state bodi¬es play here can hardly be overestimated. President of Russia when speaking at the latest meeting of the State Council in November 2006 said that the competitive banking system was an integral part of the independent Russian state and he was definitely right.
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Russian food exporters: competitiveness-related issuesAs it is known, Russia is now one of the biggest food staffs importing countries. This is the fact that misleads those who think the Russian food makers are not competitive. According to some experts, this is not true. Today the Russian food stuffs producing companies show that their food exporting prospects are bright. If the state bodies keep supporting the exporters, the Russian companies would be able to increase the external and domestic market supplies of meat, fish, flour, cereals, confection¬ary products, alcoholic and soft drinks, flower seed oil, yoghurts, preserved milk products, ice creams, canned juices, etc. in the near future. In June 2007 the 2nd Competition: Strategy, Tactics, Patterns, Learning conference was held where the most pressing issues related to the Russian food exporters competitiveness level increase and the agricultural sector development prospects were discussed. Dmitry Bulatov, President of the of the National Food Exporters Union, and Vyacheslav Karpunin, Executive Director of the National Asset Management Foundation, talked about the above problems.
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Eurasian reserve system: why establish and develop?There are now many people who try to identify the reasons why the world economy has found itself in a rather difficult financial situation and to find out the recipes of how to find the way out of it. Bloomberg Agency published a Financial Conditions Index that took into account the monetary, share capital and bond market figures in mid-October 2008. The FCI's slump was so unprecedentedly huge that the analysts were talking about the Black Swan effect that was contributing to the world market situation change. The article authors argue that in essence, the thing that underlies the global economy systemic crisis is the deep crisis of moral values and standards. Setting a profit as the prioritized goal to be reached on all levels from the rank-and-file citizens to the members of the establishment was the basis underlying the on-going process that could in theory undermine not only the foundation of the world financial system.
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Eurasian reserve system: prerequisites for creation and developmentThere exist a number of attempts to explain the reasons for a rather difficult financial and eco¬nomic situation that the world economy has been facing and there also exist a lot of attempts to cope with it. For instance, in the middle of October 2008 the information agency Bloomberg published «The Financial Conditions Index» that covers indices of the money, stock, and bond markets. This index showed such an unprecedented decrease that analysts remembered «the black swan effect» to account for the situation in the world markets. The authors of the article are inclined to think that as a matter of fact a crisis of moral values lies at the heart of the global system crisis that grasped the world economy. The priority to become rich for all strata of the society from low classes up to the establishment turned out to be the basis of the process that can «blow up» not only the foundations of the world financial system but also cause more serious problems in the social order. Read more... |
