The paper analyzed the nature of financial technologies (FinTech). A historical periodization of evolution of FinTech is proposed. A list of factors that led to the emergence and fast development of FinTech is given. A list of main models of coexistence of traditional and innovative models of financial services is proposed. It is demonstrated that the financial services market will be dominated by financial institutions that combine traditional and innovative models.
Official statistical information is regularly publicly criticized for incorrect representation of social, economic and other processes and phenomena. The purpose of this study is to analyze the quality and causes of distorting quantitative data accumulated by the state officials at lower levels – direct executors possessing information about the actual methods of collecting primary and administrative data. More than 270 in-depth interviews with state and municipal officials, heads of municipalities, state employees and municipal institutions were conducted in 13 regions of the Russian Federation. At this level, three basic groups of restrictions on the official statistics were revealed: 1) excessive simplification of reality by the state optics, 2) systematic unintentional shifts in collection and capture of indicators, 3) intentional falsification of statistical indicators.
The increasing resource and transit potential of the Arctic has been drawing more and more attention of both governments of various states and international corporations. Russia shows ambitious plans of Arctic region development. Nevertheless, these plans are closely tied with environmental risks, to which Russia may not be prepared.
The main environmental problems, the Arctic region faces, are: climate change, contamination of sea water with oil and chemical drains, degradation of ecosystems. The rationale to freeze wide-scale Arctic development, primarily oil & gas fields’ development in Russia comes not only from environmental nongovernmental organizations but from economists as well. Negative economic and political conditions of today’s world – is the right moment to do so.
The author, who is one of the architectures of the «500 Days Reform», finds that no results expected from our institutional transformations made over the 2000th could be observed. He also thinks that Russia is to experience the slow evolutionary transformations which would be accompanied with conflicts of opposites, and compromises with oppositions would be inevitable.