Competition policy during a crisis
The analysis of competition policy during economic crisis is motivated by the fact that competition is a key factor in productivity levels. The latter, in turn, influences the scope and length of economic recession. In many Russian markets, buyers’ gains decline because of weak competition, since suppliers are reluctant to cut prices despite decreasing demand. Data on prices in Russia and abroad in the second half of 2008 show asymmetric price rigidity. At least two questions are important in an economic crisis: the “division of labor” between proactive and protective tools of competition policy and the impact of anticrisis policy on competition. Protective competition policy is insufficient in a transition economy, especially during a crisis, and it should be supplemented with well-designed industrial policy measures that do not contradict the goals of competition. The preferred tools of anticrisis policy are those that do not restrain competition.
This paper puts forth a comprehensive set of measures to address the current economic crisis, prevent its further aggravation and ensure sustained and ongoing development of the Russian economy. In this study we seek to adopt the viewpoint of common sense and keep free from political and ideological bias. This is why we believe the proposed solutions should be implemented by any reasonable government irrespective of its political coloration. This text presents our vision of the Russian economy and its problems.
In Section 2.5 of monograph “The development of the BRICS countries in the global space: the potential of cooperation and trends of economic processes”, the object of study are the national banking system of the BRIC countries in the period 2007-2009, a very stressful time for the entire world banking community. Annual reports of central banks selected indicators of the World Bank report were used. The section 3.1 of monograph “The development of the BRICS countries in the global space: the potential of cooperation and trends of economic processes” discusses issues of innovative development of the BRICS in the global space. The factors of innovation sphere BRICS and performances of these countries in international rankings of competitiveness and innovation are considered.
This International Conference "Positioning Planning in the Global Crises" aims to bring together researchers, scientists, practicioners and students to exchange and share their experiences, new ideas, and research results about all aspects of Urban, Regional Planning, and discuss the practical challenges encountered and the solutions adopted.
In the article we study the reasons and character of economic growth in Russia in the beginning of the XXI-st century. The analysis of the features of economic development is a key to understanding of depth of modern crisis in Russia. This article exhibits institutional preconditions for an overcoming the crisis and acceleration of economic growth.
Economic crisis started in 2008 forced companies in Russia to move from growth and expansion to reduction and restructuring. The article presents the main changes at top managers’ labor market from the beginning of crisis in Russia. The original data on top managers’ mobility in Russia from late 1999 till 2009 was used. The main result of the research is that there were no big changes in Russian top managers’ labor market during the crisis years (2008–2009). The most significant change was the increase of firm’s demand for specific human capital of top managers and the decrease of demand for general human capital.