World economy

25 years of CIS and new economic opportunities for cooperation

Authors: Ziyadullayev N.S., Ziyadullaev S. N.

The article assesses the integration and disintegration trends at different stages of the CIS formation and development, emphasizing that comprehensive integration ensured to preserve the Commonwealth as a common consultative platform for the member states. However, the Commonwealth has turned out to be deprived of a single ideology, clear objectives and authority and with weak and contradictory institutional and legal base. In some cases, the hostility and noncoordinated actions of the CIS member countries has increased.
Special attention is paid to the more successful integration project within the CIS – the Eurasian economic community, which includes Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan. The features of the EAEU functioning under the macroeconomic pressures related to the strengthening of the Western anti-Russian position are disclosed. The directions to overcome the global challenges and internal contradictions within the Eurasian economic community and its forms and mechanisms of economic, cultural and defense integration are justified. Moreover, the ways to create similar mechanisms for economic regulations, conducting the consensual taxing, monetary, credit, financial, trade and customs policy, and scenarios of possible expansion of the Eurasian economic community and its interaction with other international unions are considered.

Issues of Vietnam’s SMEs after joining the WTO

Authors: Platonova I.N., Pham Tran Hai Nga

This article examines the impact of Vietnam’s accession to the WTO for the development of small and medium-sized enterprises (SMEs), which face increasing competition due to the liberalization of access to the Vietnamese market for foreign companies. Based on the analysis of dynamics change and the qualitative characteristics of SMEs, their role in providing jobs, income and well-being increase of the population of Vietnam is revealed. The importance of SMEs in increasing localization of components and auxiliary materials while reducing their imports to improve the competitiveness of Vietnamese exports is justified.

Еconomic modernization results in the Arab countries

Author: Rudenko L.N.

Arab World over the last three decades. The author attempts to assess the changes that have taken place in the process of introducing the market economy in the states of the Middle East and North Africa. Special attention is given to various areas and forms that could help to foster the economic cooperation between Russia and The Arab countries. In particular, the author puts forward a proposal on the desirability of cooperation between Russian small and medium-sized companies and Arab companies using the resources of investment funds of the Arab countries.

Foreign trade activity

Intra-regional Agricultural Trade Liberalization Commitments under the Trans-Pacific Partnership

Author: Maltseva V.A.

The TPP Agreement is studied in the context of intra-regional agricultural trade commitments. The Trans-Pacific Partnership (TPP) parties are a diverse group in terms of involvement in global agricultural trade and the level of applied tariffs on agriculture and food. The specifics of commitments under the TPP are revealed including a record reduction of tariffs on agricultural products with a number of exceptions and incorporation of WTO-plus and WTO-beyond obligations. The prospects and challenges of the TPP intra-regional agricultural trade liberalization for
Russia’s agricultural exports are considered.

Financial problems

Russia in global financial system

Author: Balyuk I.A.

The article analyzes Russia’s importance and role in global finance and prospects for its further integration into the world financial system in view of the anti-Russian sanctions. It is emphasized that Russia’s intention to protect national interests in the international arena has turned it into an unacceptable element of the global financial system unofficially regulated by the USA and its allies. In this respect, the author proposes to rectify an interaction of Russia with other members of the global financial system in accordance with its own geopolitical and geoeconomic interests based on the principles of national pragmatism that are described in the article.

Customs regulation

Special Economic Zones of the Russian Far East: recent trends in customs regulation

Author: Niyazova M.V.

The article analyzes the recent trends in customs regulation of special economic zones on the example of the Russian Far East. The author makes a comparative analysis of the conditions and identifies the customs procedure features of a free zone in special economic zones, priority development areas and the free port of Vladivostok. The study focuses on the specifics of a customs control zone creation on the territory of a special economic zone and the resident’s site. The paper gives the characteristics of the customs innovations implemented in the region.

Customs tariffs effects on the EAEU members’ trade

Authors: Vakorin D.V., Vakorina E.A.

The article examines the impact of the Common customs tariff on trade and production of the Member states of the Eurasian Economic Union. The authors analyze the turnover ratios of the Member states’ trade to non-member states’ trade since the EAEU establishment. In terms of mutual trade special attention is paid to the “food products and agricultural raw materials” commodity group (01-24 FEACN of the CU). The causes of fluctuations in goods turnover of the analyzed groups are identified. The changes in import customs rates before and after Russia’s accession to the World Trade Organization are considered.

Crude oil and petroleum export duties contribution to Russia’s federal budget revenues

Author: Fedorenko K.P.

The article assesses the role and importance of customs duties as well as crude oil and petroleum export duties for Russia’s federal budget. The author assesses the share of crude oil and petroleum export duties both in the charges of Russia’s Federal customs service and in the country’s budget revenues over the 2010 – 2015 period. Basing on the 2015 annual Russia’s Federal customs service report, it is concluded that the implemented «big tax maneuver» by the Government of the Russian Federation in 2015, which was expected to reduce negative impact of the global oil prices on Russia’s federal budget oil revenues, should be improved.

Foreign trade consulting

International tendering

Authors: Belchuk A.I., Burenin V.A., Oreshkin V.A., Sabelnikov L.V., Khvalevich A.V.

The authors consider the organization of bidding in international trade giving an analysis of the tendering classification, showing the positive and negative aspects of certain types of trading, analysing the standard rules and practices of international bidding process and indicating the organizers’ bidding benefits. Examples of the bidding efficiency in placing orders in the United States, the Arab States and other countries are provided. Legal regulation of competitive bidding in the Russian Federation is considered. The authors justify the importance and role of tendering
in public procurement.

Research reviews

The importance of knowledge management in company policies

Authors: Bulyigina N.Y., Nikitenko A.A., Pokrovskaya M.A., Skurova A.V.

In the article the authors consider theoretical aspects of knowledge management development, as it is plays one of the most important roles in a company’s innovation management policy under market competition. They outline different kinds of knowledge as well as techniques used for creating the company’s knowledge portfolio and outline the ways of its application and improvement while competing with other market players. It is emphasized that small and medium-sized companies have been at the forefront of the innovation competition with large companies using the acquired knowledge. Besides, research opinions of the most known scientists in the field are evaluated.


12 - 2016

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