List articles
| The article reveals aspects of the situation on the global LNG market in the context of sanctions pressure on Russian LNG enterprises, and suggests ways for Russian LNG enterprises to adapt to these conditions. The conditions of sanctions pressure on Russian LNG enterprises are described and the impact of sanctions on the LNG industry is revealed. The conducted research is based on statistical data from Russian and foreign sources. Aspects of the global LNG market environment include: an increase in the scale of LNG production in the world, the use of innovative gas liquefaction technologies, the development of a system for organizing and managing the transportation of liquefied gas, an increase in the number of states purchasing LNG for their needs, changes in the volume of LNG production and consumption in the world. The analysis presented in the article of the prospects and directions of development of this market in the future, as well as the main economic and technical factors influencing its functioning, and its conditions over the past five years have shown that this market is actively developing. The authors come to the conclusion: Russian LNG exporting enterprises have managed to adapt to the current competitive market conditions of global LNG trade, diversify their capacities and transport logistics, and have also significantly expanded the possibilities of transporting LNG along the Northern Sea Route. Continue... | |
| An important issue within the framework of economic theory has always been the problem of the relationship between free trade and protectionist measures to protect domestic production. At a certain stage, the ideology of free trade (developed by Adam Smith, David Ricardo) became the mainstream of economic thought. Later, within the framework of the German Historical school, an important contribution was made by the economist Friedrich List, who proposed the concept of educational protectionism as an alternative to the free trade ideology of classical political economy. In this article it is proposed to analyze the main ideas and arguments of the concept of educational protectionism and compare them with the argumentation of other economic schools. Were described the characteristics of the German Historical school. It was shown, that despite some similar ideas, the concept of educational protectionism is very different from mercantilist ideas, this concept does not deny free trade direction from a historical perspective, but in some way offers a way of transition to free trade policy. The institutional and economic restrictions, that F. List considers for the success of protectionist policy, were analyzed. The reaction to the concept of educational protectionism was shown, both from the point of view of the role of this concept in economic policy in Russia, and from the point of view of a negative attitude towards this concept from socialist thought, including Rudolf Hilferding. It can be concluded that the concept of educational protectionism also turned out to be largely utopian, but it played an important role in expanding the boundaries of the discussion about free trade and the factors determining this trade policy. Continue... | |
| The presented review of the new edition of the textbook “Competition in Entrepreneurship” indicates that the author highlights the process of participation in competition as the main subject of study. The textbook under review is based on a constructive theory of competition, determined by the constant competitive specifics of the business environment, which consists in the rivalry of actors in the context of controlled integrity. Particular attention is paid to such concepts as competitive strategies of rival parties, methods of operating activities in a competitive environment, types of competitive operations, types and technical parameters of competitive actions, actions according to the situation, maneuvers and tricks used by actors, which become separate subjects of study. The concept of management of participation in competition as an independent element of company management is particularly highlighted. The presented review rightfully establishes a connection between the economic nature of competition and its interpretation as an objective economic phenomenon, together with the managerial nature of its manifestation. Continue... | |
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№ 3(99)
28 june 2024 year
Rubric: Digital business transformation Authors: Kuznetsov G., Anisimov A. |
At the moment, the state of the world economy is characterized as transitional, that is, it is between two technological structures. A generalization of various analytical assessments makes it possible to determine the period of complete transition of society to the sixth technological order; it is assumed that this will happen in 2025–2030. This transitional state is primarily due to the emergence and development of such a phenomenon as “digital innovation”, which is the result of the increasing importance of information and communication technologies in the life of society in general and in economic processes in particular. Digitalization has affected almost all sectors of the economy, however, the degree of penetration varies. One of the most “digitized” industries is financial, including banking. At the same time, competition in the financial services market is currently intensifying, since in addition to credit institutions, non-bank players are active in it, providing financial services that duplicate banking ones. Therefore, in order to maintain their competitiveness, banks must increase the degree of digitalization of their business processes, therefore, a current direction of scientific research is to identify the role of the digital economy in the development of Russian banks. The hypothesis of the study is the assumption that the introduction of a domestic banking information system will help improve not only the efficiency of banking institutions, but also the level of information security of banking business processes. The purpose of the study is to develop a roadmap for the implementation of a banking information system in the activities of a Russian bank in order to increase the efficiency of its activities, depending on the degree of coverage of opportunities provided by the digital economy and the level of information security of banking business processes. The research methods are: statistical analysis, the Churchman – Ackoff method, the method of expert assessments, the method of constructing a road map. The result of the study is a roadmap for introducing a banking information system into the activities of a Russian bank. The authors conclude that the role of the digital economy in the development of Russian banks is significant and it is necessary to constantly increase the level of digitalization of banking business processes in order to increase the scope of opportunities provided by the digital economy and the level of information security of banking business processes. Continue... |
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№ 3(99)
28 june 2024 year
Rubric: Digital business transformation The author: Alvarado Strelchenko S. |
In the modern world, due to the increasingly developing process of digitalization, economic relations are also moving into a new format, namely, the interaction of agents in the market takes the form of multilateral trade, where an electronic commercial platform acts as an intermediary. Along with the emergence of new opportunities for this type of trade and the expansion of the borders of interaction between the parties, new mechanisms and patterns of behavior of players in the transaction process arise, which differ from economic relations in offline markets. Since the seller and the buyer carry out all transactions through a virtual platform, their interaction is separated in both space and time. In turn, a seller who has complete information about the product and wants to maximize his own benefits may have incentives to hide some of the negative information about the product, which causes an uneven distribution of information in the market, and this leads to one of the most important problems in the modern economy – information asymmetry. The purpose of the article is to show the importance of the information asymmetry factor affecting price differentiation in trading on an electronic commercial platform, as well as to present a mechanism to reduce the negative effects of information asymmetry. To achieve this goal, the article uses game-theoretic modeling. Using this approach, the paper identifies a condition under which negative effects of information asymmetry occur. A situation where a seller of low-quality goods wants to overestimate the true quality of his product by hiding negative information about the product occurs if the cost of hiding negative information is lower than the difference between the prices of high-quality and low-quality goods. Nevertheless, the article shows that supplementing the model with the introduction of a mechanism for refusal and return of goods, the pressure of information asymmetry on the market will decrease, and the seller of low-quality goods will stop hiding the true quality of their products. Continue... |
| The modern development of the economy is characterized by the strengthening of competitive relations at different levels. Recently, it is the regional aspect of the development of competition that has aroused increasing interest among scientists. It is especially growing in the context of decentralization and the growing role of the regions. The subject of the study of regional aspects of competitiveness is especially relevant, because the region is the subject for the formation of competitiveness of which efforts should be directed both at the national and regional levels. The article is devoted to the consideration of the peculiarities of the competitiveness of the region on the basis of horizontal and vertical relationships of subjects at different levels of competition. The author focuses on the fact that the positive influence of internal factors of competitiveness of a particular region should contribute to the use of advantages in this area compared to other regions. The article describes a set of key competitive advantages that ensure the competitiveness of the country’s regions, which causes differences in the level of competitiveness between regions. According to certain signs, it is proposed to perceive the “competitiveness of the region” as the ability to provide competitive advantages at the regional level based on the effective use of resource potential to improve the standard of living of the population, while economic the security of other regions and the state as a whole. It is noted that, despite the obvious links, there are some undeniable differences between competitiveness at the enterprise, regional and state levels. The author emphasizes that in order to fully disclose the understanding of the peculiarities of the competitiveness of the region of the state, it must be considered in comparison with other levels of subjects of competition. The theoretical significance of this study lies in the further disclosure of the essence of regional competitiveness. The practical significance of this study lies in the possibility of using the peculiarities of the competitiveness of the region in the formation of competition policy at this level. Continue... |
