Северное окно в глобальный мир: Что обещает России транспортный коридор за полярным кругом
The importance of the Northern Sea Route is not in trying to make it a new Suez Canal, but in giving a boost to the development of service industries (mainly high-tech industries) and adjacent regions, as well as in opening one more window of opportunity for Russia’s integration into the global world.
Arctic territory today is the most perspective territory for oil and gas companies. It is not only resource based or in other words, Arctic boarding countries that should engage in arctic exploration as it requires completely new technological advancement, calling for intense attention to its field development. Following the USGC research developed in 2008 year, more than 80% of perspective Arctic territories are located in offshore. This fact inevitably conveys technical and legislative risks which are not experienced onshore or conventional offshore fields. Technical risks are associated with severe climate conditions, sensitive ecological situation and a lack of field development experience on these territories. Legislative risks depend on the arctic country in question. Legislative also include taxation system that directly affects the efficiency of field development. All this makes it actual to study technical and legislative risks associated with arctic offshore field development. Practically, the work consists of two parts: analysis of influence of technical risks and legislative risks (including taxation system) on field development in different Arctic Seas and two cases in Russian Barents Sea and Norwegian Barents Sea were studied. Analysis of technical and legislative risks in these countries are determined by similar conditions of state participation and strategic meaning of Arctic territories for both countries. In the frame of technical analysis risk classification system according to different Arctic Sea conditions was worked out. Probability for each technical risk was assessed in expert way and included in the field development project evaluation, which in turn was made using real option valuation and stochastic modeling approaches. In order to receive synergetic effect, valuation model of filed development with technical risks were then incorporated into economic model, which includes legislative restriction and taxation. These conditions differ according to territory in Russia which is the opposite in Norway, allowing us to create territories with similar climatic conditions and geological perspective, analyzing technical and legislative risks.
The main task of the economy modernizing is to improve its competitiveness and sustainability is the creation of the corresponding infrastructure. The solution of this problem is possible only through the joint efforts of state and private business. In this article, based on an analysis of managing infrastructure projects’ experience common and specific factors that affect the transport infrastructure project management are revealed, the principles of public-private partnership (PPP) as the format of such projects are systematized and developed; the ways of improvement of the organizational economic mechanism of rail PPPs management (life cycle contract) are offered.
The tutorial describes the specific features of transport as an object of management, main characteristics of transport systems, principles of organisation and regulation of transport activities, main terms and definitions related to freight an cargo flows. Described are the basic calculation methods necessary to calculate the number of vehicles and their parameters.
The third volume of the series " The islands and archipelagos of the Russian Arctic " is dedicated to the history, cultural heritage and natural environment of the northern archipelago of the Russian Arctic - Franz Josef Land. It is based on the results of years (since 1990) studies the Marine Arctic Complex Expedition belonged by Polar Research Foundation and the Research Institute for Cultural and Natural Heritage. Materials on historical experiments recreating the conditions and circumstances of polar expeditions are presented. First diaries of members of foreign missions to the Franz Josef Land are published.
The present paper is devoted to a study of the legal regulation of the relations in the gas industry of China and Brazil. In the first instance the author represents the overall survey of the state of the gas industry in these countries and perspectives of its development. The research is accented on the legal sources of regulation in that domain and the role of the international law. In the article the detailed analysis is made on legal regulation of activities of exploration, production of natural gas, on its transportation, distribution, commercialization, import-export activity in Brazil and in China. In conclusion the author resumes the results of the comparative legal analysis, estimating the models of regulation, pointing out their weaknesses and possible treatment for its correction.
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.