The paper takes a critical view on the prevalent approaches to developing financial literacy programs. It has been shown that meta-analytical and review studies indicate low efficiency of financial literacy improvement programs: their effect on financial behavior is either statistically insignificant or statistically sig- nificant, but practically negligible. Among potential reasons of financial literacy programs low efficiency are considered the role of behavioral factors in financial decision making and the impossibility of determining “financially literate” behav- ior from the perspective of an outside observer. It is concluded that the currently dominant criteria for assessing financially competent behavior can be characterized either as procedural, within which not the consequences of financial decisions are considered, but how consciously they are taken, or as normative, within which the government differentiates the consumers attitudes into wrong and right. Both groups of criteria are based on a non-economic understanding of rationality.
China’s initiative about “One Belt, One Road” could be treated ambiguously. On the one hand, it is intended to transform the newly acquired economic potential of that country into her higher status in the world. China invites a lot of nations to build up gigantic transit corridors by joint efforts, and doing so she applies productively her capital and technologies. International transactions in RMB are also being expanded. But, on the other hand, “One Belt, One Road” is also a necessity for China to cope with some evident problems of her current stage of development, such as industrial overcapacity, overdependence on imports of raw materials from a narrow circle of countries, and a subordinate status in global value chains. For Russia a participation in “One Belt, One Road” may be fruitful, since the very character of that project provides us with a space to manoeuvre. By now, Russian exports to China consist primarily of fuels and other commodities. More active industrial policy is needed to correct this situation. A flexible framework of “One Belt, One Road” is more suitable for this objective to be achieved, rather than traditional forms of regional integration, such as a free trade area.
The paper analyses the concepts of transparency and accountability, their correlation with other key concepts used in Russian social and economic discourses, and also the critique of the transparency and accountability practices. It is shown that the main effect of development of these technologies is the substitution of reality by the “picture” formed for external users, transformation of this “picture” into the self-purpose. The reason of this is the change of paradigms of trust. Society has passed from trust in authorities with their right to make decisions on the basis of professional judgment to trust in procedures and standards, trust in “picture”. We have changed trust in result to trust in processes of its receiving.
The article contains an analytical survey of key reforms in public administration in Russia: administrative reform and reform of public service. All reform tools are analyzed from the point of view of technological approach, encouragement of public institutions development and traditional for Russia way of control of heads and authorities of executive bodies. Perspectives and success of reforms are examined through four strategies: Inertia, Mobilization, Rentier and Modernization.
The paper analyzes changes in job opportunities of older workers in Russia in the period 2005—2017. The study uses the data from the Russian Labor Force Survey conducted by Rosstat. Changes in the occupational and industrial composition of elderly workers follow the trends pursued by other age groups: employment shifts from low- to high-skilled occupations, from physical to intellectual labor, and from material production to the service sector. We find a stronger polarization among older workers as their occupational structure is biased in favor of, on the one hand, the most and, on the other hand, the least qualified types of jobs. Employment of the elderly has fallen sharply in agriculture and manufacturing with a significant increase in trade, education, and health. Although the employment structure of older workers is generally more “traditionalist”, recent decades have witnessed its transformation in “progressive” directions, similarly to other age groups. These findings suggest that the legislated increase in the state retirement age is not likely to give rise to sizeable unemployment among the elderly. Most of them will be able to work in the occupations and industries previously dominated by young and prime-age workers.
The paper examines the capacity of further development of the targeted social support programs in Russia. The analysis shows the position of this income-tested social assistance in the federal and regional social support systems. On the basis of the revealed barriers to the income-tested programs three directions of changes necessary to their further promotion are suggested.
O. Obraztsova, A. Chepurenko The Development of Russian Private Entrepreneurship in Cross-country Comparison The article summarizes the first results of the participation of the Russian research team in the international comparative project Global Entrepreneurship Monitor (GEM) in 2006-2007. The most important parameters and stages of early entrepreneurial activity and established business in Russia and the group of other participating GEM-countries are described. Some findings concerning the relationship between the population's entrepreneurial activity and the level of national economic development are formulated.
The role of prominent Soviet economist academician A. Anchishkin explores in the article, the 80th anniversary of whose birth we celebrate, in the development of ideas and the formation of economic forecasting in the country at the time when the directive planning acted as a leading tool of economic management. Besides, the special role of A. Anchishkin noted in developing a comprehensive program of scientific and technical progress, an information basis for the development of long-term forecasts for the development of the country, moreover, his contribution to the creation of long-term forecasting methodology and improvement of the statistical basis for economic analysis and economic planning. The authors show that the development of social and economic forecasting in the period after 1991, which has undertaken a number of functions of economic planning, largely relied on the further development of A. Anchishkin's ideas, at the same time responding to the new challenges of developing the Russian economy during its entry into the world economic system.