Models enabling to assess stability of solutions connected with the choice of the optimal production plan are presented in the article. The optimal production plan ensures the maximum profit for the company under input restraints. At the same time in the standard model supplementary variable is added which reflects inflation rate in the economy. Within the framework of current task this variable reflects external environment change. While developing models stability intervals for , production plans were defined, such as threshold levels of inflation, when the shift from one production plan to another takes place.
One of the central claims of democratic theory is that the institutional features of democracy systematically cause government to respond to the people's needs. In fact, however, democracy might logically be expected to be especially responsive only to the people's desires, not their needs. Responses to people's objective needs can be substantially different from responses to their subjective desires. Democratic institutions therefore cannot guarantee (and may even hamper) responsiveness to basic human needs. Democracy, should, at least in principle, thus be confined to the sphere of wants rather than needs.
The paper is devoted to the interconnection of labour motivation system and organizational culture in commercial banks. The research covers several banks of Barnaul city in Altai region. The main issues discussed in the paper follow as: in which way can system of labour motivation and organizational culture be interconnected? How can the impact of values of a specific type of organizational culture be taken into account while a given bank’s system of labour motivation is being formed?
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.