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Enabling innovation in extractive industries in commodity based economies
Innovation: Management, Policy & Practice. 2012. Vol. 14. No. 1. P. 19–32.
As dependence on the extraction of natural resources seems inevitable in the short- and even medium-term perspective, commodity based economies will face the need to increase the sustainability and profitability of their extractive industries. This paper sets out to analyze the R&D policies of Brazil, Russia and South Africa, and benchmark them against the sizeable and innovative extractive industry of Canada. Although the countries in our sample have similar economic features, we stress the differences between their social and economic stage of development. The particularities in each country's economic situation at times correspond with a different policy mix. Besides that, there are not many differences in the innovation policy instruments used in an economically advanced country vs. fast-growing economies. Rather, it is their synergy, governance, targeted design and application that make the difference.
Mishin A., Guerrieri L., Kim J., / Series 2026-042 "Finance and Economics Discussion Series (FEDS)". 2026.
Within narrowly defined industries, the most productive firms produce far more than the least productive from the same inputs, and this dispersion widens in downturns. We build a tractable representative-agent model in which financial frictions—adverse selection and moral hazard—make firms sort endogenously into lenders, strategic defaulters, and producers. As credit conditions vary, the resulting misallocation ...
Added: June 28, 2026
Власов С. А., Nevalennyi M., Сафиулин Р. Р. et al., / Банк России. Серия Аналитическая записка "Материалы Банка России". 2026.
В аналитической записке обсуждается долгосрочно устойчивый уровень цены на российскую нефть. Это тот уровень, к которому цена нефти, вероятнее всего, будет тяготеть в долгосрочной перспективе. Потребность в его определении возникает по нескольким причинам. Во-первых, цена на нефть остается одним из ключевых экономических показателей российской экономики, определяющих экспорт, обменный курс рубля, прибыль, доходы и расходы бюджета, ...
Added: June 27, 2026
Глазова А. М., Nevalennyi M., Синяков А. А., / Банк России. Серия Препринты Банка России "Серия докладов об экономических исследованиях". 2025. № 154.
The paper proposes a graphical model of a small open economy. The dynamics of the graphical model is then illustrated using impulse responses from the corresponding formal semi-structural model (QPM model). The authors have several goals in preparing this description of the graphical macroeconomic model. The first goal of the paper is to present an adapted ...
Added: June 27, 2026
Mishin A., Guerrieri L., Canzoneri M. et al., / Series 2026-042 "Finance and Economics Discussion Series (FEDS)". 2026.
Added: June 27, 2026
Ivanov A., Kotova D., Bovt S. et al., Издательский дом Высшей школы экономики, 2026.
This report presents the first comprehensive competition analysis of global grain value chains. It examines the market power of ABCD+ traders (ADM, Bunge, Cargill, Louis Dreyfus, et al.), financialization of grain trade, and the anticompetitive effects of digitalization. The report offers recommendations for BRICS competition authorities, including design principles for a BRICS Grain Exchange. ...
Added: June 22, 2026
Voitov S., Анализ и прогноз. Журнал ИМЭМО РАН 2026 № 1 С. 70–82
The article explores the discursive differences among think tanks from Brazil, China, India, and South Africa regarding two key informal forums of global governance — BRICS and the Group of Twenty (G20). The decision to take think tanks from these countries is justified by their participation in both forums, which enables to assess how their ...
Added: June 22, 2026
Bogatyrev R., Sandomirskaia M., / NRU Higher School of Economics. Series EC "Economics". 2026. No. 19(1).
This work develops a tractable model of price competition in fragmented markets where consumers consider both local and distant varieties, with cross-regional purchases subject to stochastic costs. Global competition and full localization emerge as polar cases; hybrid competition is not merely intermediate and exhibits distinctive features such as an endogenous price ceiling and non-monotonic entry ...
Added: June 11, 2026
Gurkov I. B., Kossov V. V., Filinov N. et al., / NRU Higher School of Economics. Series MAN "Management". 2026. No. N/A.
This research note is devoted to assessing the socioeconomic impact of sanctions of sanctioned countries and uses the data on Russia in 2022-2024. We use for the analysis four fundamental socioeconomic parameters-the expected length of life of males at birth, the misery index (Okun's index), the level of Gross Domestic Product at purchasing parity prices, ...
Added: June 11, 2026
Alexander Sergunin, , in: International Trade and Economic Development in BRICS.: Singapore: Springer, 2026. Ch. 1 P. 1–18.
This study examines how the main IR and IPE theories interpret the BRICS phenomenon. The goal is not only to evaluate the advantages and disadvantages of these theories, but also to identify their heuristic potential for studying such a complex phenomenon as the BRICS. ...
Added: June 8, 2026
Sergunin A. A., Singapore: Springer, 2026.
The central thesis of this work is that the long-term viability and coherence of BRICS will be determined not by the mere fact of its economic aggregation, but by its capacity to manage the profound tensions between its centripetal objectives and its centrifugal internal dynamics. ...
Added: June 8, 2026
Klimov I., В кн.: Некоммерческие организации в странах БРИКС: структура сектора и особенности развития.: BRICS Expert Council-Russia, 2026. Гл. 10 С. 193–228.
The text systematizes research, data, and analytics on the Russian nonprofit sector. The economic characteristics and their dynamics, the structure of sector financing, the specifics of interaction with the state, priority areas of activity, participation in the implementation of public policy and involvement in national projects and programs are given. It also describes the difficulties ...
Added: June 5, 2026
Klimov I., Chepeleva M., Gavrilov K. et al., Civil BRICS Council, 2026.
This research study was conducted at the initiative of the Civil BRICS Council for the purpose
of performing a systemic analysis of the non-profit sector (hereinafter, the ‘NPO sector’),
encompassing both non-profit organizations (NPOs) and non-governmental organizations
(NGOs), in each of the constituent member countries of BRICS. Since February 2025, BRICS
has consisted of 10 member states: Brazil, China, ...
Added: June 5, 2026
Kravtsova M., Musaev A. U., Welzel C., / Series "SSRN Working Paper Series". 2026.
Elaborating on Welzel et al.'s "Cool Water Theory," our study zooms into the more limited (albeit still varied) framework conditions of Russia's huge territory. Within Russia's confines, we examine how the combination of moderately cool seasons with steady rain (i.e., Cool Water) affects sub-national areas' contemporary societal progress in two modernization indicators: material prosperity in ...
Added: June 3, 2026
Синяков А. А., Зверева В., Шелованова Т. И., / Центральный банк Российской Федерации. Серия 132 / 2024 "Серия докладов об экономических исследованиях". 2024. № 132.
At the end of 2023, Russia updated its Strategy for Improving Financial Literacy and Developing Financial Culture Until 2030. Unlike the previous strategy, the current strategic goals include not only financial literacy but also financial culture. ‘Culture’ is normative and socially preferred behaviour. The updated strategy brings into focus the relationship between financial literacy and responsible financial behaviour. To explore this relationship, the authors rely on data from the All-Russian Survey of Consumer Finance (2020 and 2022). Socially ...
Added: June 1, 2026
Vorchik A., / SSRN. Серия Social Science Research Network "Social Science Research Network". 2026.
This work is devoted to a theoretical explanation of the Easterlin paradox, according to which long-term economic growth does not make average level of people's happiness increasing. By happiness, we mean the intensity of emotions people experience while comparing their new income with its expected value, or the target income with its original value. In the first case, ...
Added: May 31, 2026
Biryuk D., В кн.: Государственное и муниципальное управление: актуальные проблемы и современные тренды.: СПб.: Санкт-Петербургский университет технологий управления и экономики, 2026. С. 95–99.
This article presents a comparative analysis of the practices of BRICS countries in assessing and accounting for budgetary obligations arising from concession and public-private partnership (PPP) projects. The selection of BRICS nations is justified by their status as major emerging economies actively employing PPPs for infrastructure financing and facing similar challenges in fiscal risk management. ...
Added: April 16, 2026
Ustyuzhanin V., / Series Econometrics "arxiv". 2026.
This paper proposes Covariate-Balanced Weighted Stacked Difference-in-Differences (CBWSDID), a design-based extension of weighted stacked DID for settings in which untreated trends may be conditionally rather than unconditionally parallel. The estimator separates within-subexperiment design adjustment from across-subexperiment aggregation: matching or weighting improves treated-control comparability within each stacked subexperiment, while the corrective stacked weights of Wing et ...
Added: April 3, 2026
Molodtsova V., Мокренский Д. Н., Artsybasheva K. et al., Городские исследования и практики 2026 Т. 11 № 1 С. 10–29
In the global trend towards urbanization, small towns play an essential role in ensuring balanced spatial development, serving as a link between rural and highly urbanized areas. The BRICS countries, comprising almost half of the world’s population and a significant portion of global GDP, have demonstrated a variety of approaches to working with small towns. ...
Added: March 23, 2026
Vorchik A., / Social Science Research Network. Серия SSRN Working Paper Series "SSRN Working Paper Series". 2026.
This article is devoted to the phenomenon of intrinsic motivation, to understand which two models are proposed. We study how positive/negative intrinsic motivation to work (experienced utility) affects worker's individual labour supply (model I) and the amount of effort they exert (model II). In model I, we use intrinsic motivation to explain the positive/negative slope ...
Added: March 15, 2026
Vicentin D. C., Salati Marcondes de Moraes G. H., Brandão Fischer B. et al., Technovation 2026 Vol. 150 Article 103438
International scientific collaboration among BRICS countries has intensified in recent years, particularly in the field of science, technology, and innovation (STI). Yet, the underlying cultural and institutional dynamics shaping these partnerships remain underexplored, features that are key to understanding collaborative practices among such a heterogeneous group of countries. We address this gap by investigating how ...
Added: March 11, 2026
Vorchik A., Мамышев М. А., / Series Social Science Research Network "Social Science Research Network". 2025.
In this paper, we develop a formal mathematical model aimed to explain the Dunning-Kruger effect that beginners systematically overestimate their own competence in various fields of knowledge and activity. We argue that the Dunning-Kruger effect arises from the emotional nature of confidence combined with unknown unknowns that it simply can not take into account due ...
Added: February 11, 2026
Amin N., Basu C., Castro B. et al., Palgrave Macmillan, 2026.
This book brings together original insights from diverse researchers across BRICS nations, offering a multidimensional analysis of recurring socio-economic, cultural, and political challenges. Through a comparative lens, it explores key themes such as identity formation, racialized discrimination, shifting consumption patterns, subaltern counter-publics, social engineering, indigenous knowledge systems, technological advancements, employment dynamics, and the impact of ...
Added: February 11, 2026
Musaev A. U., Vorchik A., / Series Social Science Research Network "Social Science Research Network". 2026.
This paper attempts to model the evolutionary theory of modernization and democratization. The model reflects the key provisions of R. Inglehart and C. Welzel's theory and provides a microfoundation for the adaptation of subjective values to the objective importances of the survival factors and the structure of the labour markets from the perspective of evolutionary ...
Added: February 10, 2026
Strelnikova I., Вестник Томского государственного университета 2026 № 522 С. 130–143
The Arctic, becoming the so-called bifurcation point of international relations, is of interest today not only for Arctic but also for non-Arctic countries, as well as for Russian and foreign researchers, as a new system of international relations is being formed in the region. Being in a situation of limited opportunities and sanctions pressure, Russia ...
Added: February 9, 2026