Развитие теории хозяйственного кругооборота в ХХ веке и ее современные перспективы
On the basis of generalization of history of the economic thought within XVIII - XX centuries (from Quesnay up to W. Leontieff and Sraffa) a heuristic way of circular flow theory development is proposed and established
The tradition of circuit-flow (der Kreislauf) models from Quesnay up to Sraffa belongs to so called thematic traditions, by terminology of G. Holton. It requires perpetual historical and analytical reconstruction for continuous development. In this article new circular-flow scheme is proposed and analyzed.
New version of the theory of reproduction, based on the switched mode of reproduction unexplored till now is offered.
The compatibility of legacy of prominent Soviet economist J.A. Kronrod (1912-1984) and the Russian tradition of the economic analysis (from M.I.Туган-Baranovsky up to E.E.Slutsky and N.D.Kondratieff) is investigated. Constructive paths of circular flow schemes, derived by heuristic way from the analysis of two forms of economic relations - direct (non-equivalent) and indirect (equivalent) are analyzed.
Written on the occasion of the 50th anniversary of the publication of Piero Sraffa's Production of Commodities by Means of Commodities, the papers selected and contained in this book accounts for the work completed around the two central aspects of his contribution to economic analysis, namely the criticism of the neoclassical (or 'marginalist') theory of value and distribution, and the reconstruction of economic theory along the lines of the Classical approach. Divided into three volumes, the book debates the most fruitful routes for advancements in this field and their implications for applied and policy analysis. The third volume collects papers concerning the interpretation of Sraffa's contribution, its relation with other streams in economic thinking, methodological debates and the history of economic thought or the evolution of his views both in general and on specific themes.
Introduction to new Russian book on the theory of reproduction
Starting from Marx’s unpublished excerpts from the Essai sur la Nature du Commerce en General by Richard Cantillon, this paper traces the impact that the reading of the Essai exercised on both Marx’s assessment of Cantillon and his own view of the origins of political economy. It is shown that closer acquaintance of Marx with Quesnay’s Tableau Economique and with Cantillon’s Essai occurred almost simultaneously, and this joint discovery led him to supplement his value-centred view of early classical economists with a new circular flow, or macroeconomic perspective within which Cantillon’s role was recognised to be crucial. Marx’s analysis of the CantillonQuesnay connection is supported by a review of an early contribution to Cantillon scholarship by the Soviet economist Alexandra Eidelnant.
The thirty-eighth issue of the collection includes two sections: "Theoretical Problems of Economics and Institutional Transformations", "Applied Problems and Practice of Institutional Reforms in Russia". They contain materials relevant to the economy of modern Russia
The article highlights the reports of X International Symposium on Evolutionary Economics (Russia, Pushchino, Moscow Region, September 12-14, 2013).
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.