The aim of the study is to identify the degree of dependence of the domestic market activity from the major companies on the example of «Rosgosstrakh». The results of the work are: evaluation of the dynamics of the domestic insurance market in the near future; analysis of financial condition over three years; construction of the regression model, which will assess the impact of companies on the market. The evaluation will be carried out from the data presented on the website of the Central Bank of Russia on the insurance portal «Insurance Today», the financial statements and consolidated most of the insurance company. The analysis will be conducted using the coefficients of the method of comparative analysis, econometric analysis.
Modern tendencies of the home and world company restructuring practices are analyzed by the author who had top positions in some large companies and thus the experience of their restructuring. The recommendations on restructuring procedures are given here.
The article covers the main trends in investment activity in Russia: investment resources dynamics, capital outflow, industrial structure of investments in fixed capital. A stable long-term cluster structure of Russian industry is derived from statistical data. The author provides arguments in favour of impossibility of overcoming the current natural resource export-oriented economic model and implementing economic modernization by utilizing mechanisms of market economy. This leads to conluding a necessity of principal changes in economic policy of the government.
Nowadays, efficiency of scientific work is widely measured by publication performance. This procedure is mostly implemented on a micro level only: a scientist, a department, a university, etc. At the same time, there is no systemic mechanism or measurement structure on a sub-national level while other indices, including expenditures on scientific research are determined and planned on the regional level. This article proposes inter-temporal and inter-regional empirical analyses of the above-mentioned phenomenon on the subnational level of the Russian Federation. The authors argue that such an approach could be quite useful and effective for monitoring the situation on the sub-national level as it could create some additional opportunities. The research also embraces the cluster analysis of regional publications in the Russian Federation. The authors pay special attention to regional differentiation by Scopus/Web of Science, HAC and RSCI publications.
Abstract. The well-being of any economy depends on maturity and stability of institutions which it is based on. The banking and insurance systems are the key institutions of financial sector, and any structural or quantitative changes in these institutions have an ambivalent effect on the sector and the Russian economy as a whole. The emergence of explicit control of banks over the insurance sector in recent years has become one of the most discussed topics in financial and scientific communities, but participants in the discourse have not as yet come to a consensus about the impact of such interaction on other sectors of the economy. Furthermore, it was noted that the number of insurance companies is rapidly falling. The objective of this study is to prove two working hypotheses that banks: 1) exert pressure on the insurance market 2) lead it to oligopolization with a high concentration of individual companies. Using the correlation, a comparative and quantitative analysis of the coefficients responsible for the type of structure of the insurance market, we managed to prove that the banking sector almost completely controls the insurance market, the process of establishing an oligopoly is taking place in the insurance market as a result of pressure from banks.
The paper describes typical strategies that the players of the financial market implement in order to adapt themselves to the FinTech revolution. Sets of strategies are presented as two portfolio matrices based on the following criteria: degree of innovativeness of company’s activities, degree of innovativeness of product, specialization. The latter criterion was introduced due to the fact that many non-financial companies enter financial market.
A detailed description is given for each strategy. It is necessary to keep in mind that all strategies that were identified in the present paper are ideal ones. In reality financial market players can combine them. Examples of such combinations are given
This paper outlines the place occupied by the self-organization of citizens in the community in urban development. The author answers the question: can the self-organization of citizens in the community, as an institution of civil society, to replace the local authorities? Author concludes that communities territorial public self-government is voluntary structures which complement system of local government than competitive alternative.