Конституция России как правовая основа экономики: правовая модель и современность
This book presents the study authors, devoted to the analysis of the last economic crisis and possibilities of the Bank of Russia on addition and deepening of crisis management from the position of constitutional Economics.
Find the content of the national wealth as the basis of its economic security and how protected criminal law values appear especially natural component of the national wealth, including such elements as the territory of the country, its geographical location, climate, land, water, atmospheric air, flora and fauna, resources. Suggestions to improve the relevant norms of criminal law and its application.
Author presents results of the scientific seminar " Legal regulation of economic activities in China and Russia" (series" Legal aspects of BRICS " ), held in St. Petersburg by the Law Faculty of the Higher School of Economics - St. Petersburg Branch, with a participation of 15 colleagues from 6 universities of China. The author shows the historical framework of cooperation between lawyers and law professors of two countries: international bilateral agreements between Russia and China concluded since 1689, the orientation of the Roman legal tradition, similar needs and peculiarities of legal regulation. Usefulness of scientific cooperation Russian and Chinese lawyers between is even more evident with the cooperation within the BRICS .
In Soviet period absence of market prices led to extremely inefficient land use and spatial development of cities. Centralized planning system was not flexible and responsive to changing demand, preoccupied with minimization of construction costs and characterized by very low density of land use. In 20 years after the beginning of market economic reforms and mass privatization of real property the situation in land use and spatial development of Russian cities didn’t change much. Main reasons of this are: unclear, non-specified and often not registered property rights; quasi-monopoly of the state on urban lands; absence of clear distinction between federal, regional and municipal lands; high transaction costs and administrative barriers for developers; still very much administrative approach to planning and land use regulation, absence of real dialog with community development groups and NGOs. In this legal and institutional environment regional and/or local authorities often act in interests of big and influential investors and developers, scarifying interests of community as well as of small private owners and tenants. As a result we can see a further worsening of the urban environment, decreasing of green areas, disappearance of historical character of whole parts of city centers, sprawl developments in suburbia etc.
To measure transaction costs and administrative risks in urban development and construction, a survey of developers, builders and real estate agents was undertaken in St Petersburg and Leningrad region, the results of which are presented in the paper.
Shortening of available volumes of a natural resource can become an engine for the new technologies development, and these technologies would help using it more effectively or would allow substituting it with some other resource. In Israel state policy aiming to shortening of the demand for sweet water together with subsiding of new technologies which allow to produce sweet water and to substitute it, led to a new phenomena. Technologies that evolved appeared to be skill-biased and water-replacing, which because of special properties of the substitute resource (intellectual resource) leads to economic development of the country.
The article deals with results of the scientific seminar on "Legal Aspects of the BRICS", held in St. Petersburg with the participation of law professors from universities in the BRICS countries. They are represented in the collection of articles with the same title. The author presents the conclusion about the necessity of comparative studies of legal systems of the BRICS countries for the successful cooperation in the framework of the BRICS group, notes the potential of a harmonization of the legal regulation of all spheres of cooperation, besides of the use of the international law.
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.