Integration in Southeast Asia
This article examines the interaction of two major trends in the modern world economy - globalization and integration. Regional integration, or regionalization is the lead trend of recent decades. Particular attention is given to the regional integration in the Asia-Pacific region, which is gradually shifting the center of the world economy. The integration processes in the Asia-Pacific region have a direct bearing on the Russian Federation, which is a part of the geopolitical region. Russia is bound to pursue a consistent strategy to enhance cooperation with regional groupings in the Asia-Pacific region as well as its consistent participation in different formats of interaction in the region is required.
Risks of public-private partnership in the innovation sphere of the Republic of Kazakhstan
The article states that the innovation process becomes more intense and more expensive with regard to all types of resources. Therefore, the most efficient use of the existing potentials requires partnership between science, business and government. The author analyzes the innovation risk
factors and specifies their types. Partnership between government and other economic agents is the most effective in terms of synergistic effects of joint implementation of innovative projects, as it will allow to use efficiently the available resources, implement an effective system of innovation
risk management and increase the project expected results.
Public-private partnership in the form of pension investments abroad and in Russia
International experience shows that pension savings as long-term sources of finance provide the possibility of resolving two issues at the same time: investing in the real economy and receiving acceptable dividends by the investors, that is future pension benefits. Government, economically
active population and the businesses participating in defined contribution pension plans and investing, those being pension investors, can be considered as participants in public-private partnership. At the same time, the current pension system in Russia is not a partnership. Making
reasonable amendments with the application of international experience to the pension system reforms in Russia may change the situation for the better.
Dispute between Russia and the WTO: possible arguments in favor of the progressivity of recycling fee
Recycling fee for wheeled vehicles, which was introduced in Russia aimed at environmental protection, depends positively on the vehicle’s production year and engine size. A number of countries challenged the compliance of the recycling fee in the WTO Dispute Settlement Body,
claiming that it is a hidden tool to protect Russia’s car industry. The paper is devoted to the analysis of the arguments for relationship between the recycling fee and the vehicle’s age and engine size. Also, other factors that influence the vehicles recycling value and compensation for its ecological damage are considered.
Importance of the WTO decisions for the development of international trade
The article contains the analysis of the important economic decisions approved at the Uruguay Round of Multilateral Trade Negotiations, which resulted in the establishment of the WTO, and later. While the majority of the decisions improve the existing agreements for the WTO members,
especially the General Agreement on Trade in Services, some of the other decisions have laid the foundations for new Agreements, for instance, concerning interdependence of international trade and environment. In the concluding part of the article the decisions adopted at the Ninth
Ministerial Conference in December 2013 are analyzed. Besides the author makes conclusions, which could be useful for business, professional unions and governmental organizations of Russia seeking to increase the effectiveness of the participation of Russia in the WTO, taking into account the decision-making procedures and the orientation of the decisions to be adopted.
Case Analysis in Logistics
Focusing in the procurement function operated in a SCM environment, this paper presents results of a research project conducted to (1) develop a framework for the implementation of changes in procurement structures oriented to enhance competitiveness of the SC and minimize the Transfer Pricing compliance issues, and (2) develop a flowchart to apply the framework for implementation of changes in the procurement structure of a Multinational Enterprise. The notion of companies´ relations with suppliers and customers as external forces to work with using the firm´s resources as business strategy enabler, provides a wide theoretical reference used as analytical tool. The complexity of the phenomenon explored in this research reveals a network type structure of the existing relations among decision-making level, operational or execution level at functional unit (in this analysis procurement) and organizational structure changes for procurement functions. Results for the first research objective, suggest the presence of two dimensions of organizational change (1) a general perspective of change at organization level (general organizational structure) and the specific dimension at organizational unit level (procurement or other). This network vision is a useful tool for top management level (CEO, etc) to understand the magnitude of change required to implement a new business strategy as well as the impact of it on the full organization. For implementation framework and implementation flowchart development, derived data analysis of the two major surveys on the matter was done to identify main procurement processes and activities performed by the correspondent organizational unit. The exemplification (or hypothesis testing in quantitative studies) is done using a case study developed for a company in Latin America that perform a simple industrial process. Application of results in the case study provide evidence that he framework developed throughout the research study served to systematically guide the implementation of structural changes in the procurement structure of an organization.
Russia’s accession to the OECD: features of chemicals legislative harmonization
The study analyzes the OECD international standards for chemicals regulation. The author considers to what extent the legislation in Russia meets the requirements of the OECD and formulates specific tasks that are needed to be accomplished in order to bring the Russian legislation into harmony with the OECD standards as well as to speed up the process of Russia’s accession to this international organization. Accomplishment of the tasks will allow Russia to get approval from the OECD Chemicals Committee and will make a positive impact on the overall assessment of the OECD Council on Russia’s readiness to access the OECD.
Russian foreign economic relations
Russia’s participation in multilateral export control regimes as a tool to protect the interests of Russian exporters
The article considers the use of export controls as a non-tariff regulatory measure. It contains information on the existing multilateral export control regimes (the Nuclear Suppliers Group, the Zangger Committee, the Missile Technology Control Regime, the Australia Group, the Wassenaar
Arrangement), on major elements (legislation, lists, license, law enforcement) and common functioning principles of national export control systems of all countries, on the Russian export control system. The authors clarify the terms ‘Catch-all’ and ‘Catch-more’, explain the importance
of Russian participation in multilateral export control regimes and suggest a measure to undercut negative influence of export controls on Russian exporters.
Export control in the Russian Federation
The article explains the concept and essence of export control in the Russian Federation as a member state of the Customs Union of the Eurasian Economic Community and the purpose of export control functions of state structures in the system of export control. Analyzes the legal framework of export controls in the Russian Federation. The rationale for the approach to a broader interpretation of the concept of export controls, and provides recommendations to improve the export control by Member States of the Customs Union, focused on creating a single economic space. The authors analyze the impact of the lack of a single export control by Member States of the Customs Union.
Issues of improving the commodity structure of Russian imports
The author gives analysis of a current state of commodity structure of import as a whole and on separate positions - cars and the equipment, raw materials is given, to production of the chemical industry. The main strategic objectives are proved and determined by increase of efficiency
of import of the Russian Federation. In particular it is offered to realize two strategic tasks: to reduce a consumer orientation of import (it is offered to reduce or completely to stop purchase of production which doesn’t promote providing economic, including food security of the country); and to reduce import to the country of those goods which are expedient for making within the country, and to satisfy demand for them within import substitution. At the same time the offer to increase import to the country of the equipment for processing of agricultural raw materials and
foodstuff moves forward.
Adjustment of export support system: principles and approaches
This article analyzes development of system of the state support of export to the Russian Federation. During the analysis the reasons of its insufficient inefficiency are established, the principles of its adjustment and a way of elimination of limiting factors are offered, and also priorities are established, the list of the directions and the main actions of new ≪road map≫ of support of export is described. The author conducts research of the mechanism of support of export in regions, and also new documents of the state organizations in this area and makes recommendations about improvement of the mechanism of support of export of processed production by the Russian enterprises, emphasizes value of activity of Export insurance agency of Russia which started issue of insurance policies to exporters.
International fi nancial market - the current state of development
The article deals with the modern aspects of fi nancial globalization: growing scope of transformation of the local financial resources into international, increasing role of these resources as a source of economic development, expansion of new financial instruments. The characteristic
of «financial depth» with regard to the global fi nancial market is given. The author makes some evaluations of the development of Russia’s international financial cooperation, the prospects for gradual integration of the financial market in the global institutional framework.
A new type of mini-dictionary of economics
The article is about a new type of dictionary which combines a Business English-Russian Dictionary, an English – English dictionary, a collocations dictionary, a dictionary of synonyms and antonyms and a reference book whose graphics helps a user produce competent language.
Changes in the currency legislation affecting foreign trade activity
In the article, the author reviews Direction of the Bank of Russia No. 3016-U of June 14, 2013 “On introduction of the amendments to Instruction of the Bank of Russia No.138-I of June 4, 2012 “On the procedure for submission by residents and non-residents of documents and information
related to conducting currency transactions to the authorized banks, on the procedure for formalization of transaction passports, and on the procedure for the recording by the authorized banks of currency transactions and control for carrying them out” eff ective from October 1, 2013.
The author focuses on the amendments affecting the procedure for the drawing up of currency transaction certificates. Detailed consideration is given to the changes of names of certain types of currency operations with codes used by foreign trade parties when filling out certificates.
Electronic document flow as a basis for development of customs operations
FIATA forwarding documents in international and foreign trade
In the article, the role of international freight forwarding services in international movement is considered and the value of freight forwarding for Russia’s foreign trade is estimated. The three main functions of freight forwarding are: interaction between the customer and all the participants
of transportation/supply chain process; confirmation of the contractual relationship: confirmation of delivery of the goods for the international banking system. The problems of regulation of the Russian market of forwarding services are revealed. The role, place and value of FIATA freight forwarding documents in international trade in goods and services are defined. The purposes and functions of FIATA freight forwarding documents are defined.
Tribune of young scientists
World tin market has entered a new Renaissance period
The trends in the development of the modern economy are becoming more and more multivariate and unpredictable that can lead to inspiring renewed interest in raw materials, demand for which evidently hit its historic peak many years ago. There has been an increase in global demand for tin over the past decade. Modern innovative technologies which are being implemented in the manufacturing industry at present have already changed the refined tin market dramatically, have revived the global demand and caused steady increase in the exchange rates. The demand for tin has been rapidly growing in the world because of its great importance to modern electrical and electronics industries.
Issues of intellectual property in regional economic agreements
The article focuses on protection of intellectual property rights in the framework of regional economic blocs. The author makes brief analysis of the state of things in this area in such integration blocs as NAFTA, MERCOSUR and ASEAN. The main accent is made on the protection of intellectual property rights in the Customs Union and the Common Economic Space of Russia, Belarus and Kazakhstan with the analysis of the basic documents on intellectual property rights. In addition to the general issues, the attention is paid to some practical aspects such as the Unified
Customs Register of Intellectual Property Objects of the Customs Union.
Economic cooperation between Russia and Serbia: current state and development prospects
The article deals with the current state of foreign trade between Russia and Serbia and prospects for further cooperation in the context of Serbia’s possible accession to the EU. At the moment cooperation with one of Russia’s strategic partners in the Western Balkans has reached a new level
of interaction and has real prospects for expansion and deepening.
Russia’s accession to the OECD: problems and prospects
The article deals with the prospects of relations between Russia and the OECD. It analyzes the main problems in the accession negotiations, and explains the conflict between the regulations and practices adopted in the OECD and Russia. The article reveals the issue of the expected benefits to Russia from accession to the OECD. Among them are involvement of strong R&D capacity of the organization, counteraction of offshore zones activities, strengthening tax cooperation between member countries, coordination of corporate governance and other important matters.
Export opportunities of Siberia
The article describes the foreign economic activity of the Siberian Federal District of Russian Federation in the current conditions. Made a rating of the Siberian Federal District’s share of exports. By means of a rating on the regions’ export potential, derived a region with the best export climate in Siberian Federal District of Russian Federation. The article is devoted to the analysis reasons for the success of foreign economic activity of the Novosibirsk region. The article attempts to trace dynamics of the volume of turnover of the Novosibirsk region in exports of machinery, equipment and vehicles in the XXI century. The findings are based on customs statistical studies and outputs, and other official sources.
12 - 2018