Economic Update - Hungary, Turkey, Romania: Paths Start to Diverge
Hungary, Romania and Turkey, which previously had much in common (including huge external imbalances), now seem to be following different paths. Hungary was able to orchestrate a fast but painful transition to a positive current account (and thus stabilized its external debt/GDP ratio), Romania's current account deficit has decreased, although the balance remains negative, and Turkey is still struggling to finance its external deficit of over 7% of GDP.
The paper covers the issues of accountability of higher education institutions (HEIs) in five countries: Brazil, Canada, Italy, Portugal, and Russia1 . National frameworks and their implementation are examined. The special focus of the review is performance-based evaluation and funding. The reflection on outcomes is followed by the recommendations to policy-makers, researchers and practitioners. This paper was commissioned by the Global Education Monitoring Report as background information to assist in drafting the 2017/8 GEM Report, Accountability in education: Meeting our commitments. It has not been edited by the team. The views and opinions expressed in this paper are those of the author(s) and should not be attributed to the Global Education Monitoring Report or to UNESCO. The papers can be cited with the following reference: “Paper commissioned for the 2017/8 Global Education Monitoring Report, Accountability in education: Meeting our commitments”.
This paper analyzes Belarus energy system, relations between Belarus, Kazakhstan and Russia in the framework of the Customs Union and the Common Economic Space. The consequences of the recent political crisis in Ukraine will inevitably lead to the review of the relations between the European Union and Russia. In these new conditions, the members of the Common Economic Space of Belarus, Kazakhstan and Russia must develop a new concept of energy security. This new concept should allow to decrease substantially the influence of the export of hydrocarbons on the economic development of abovementioned countries, thus increasing the competitiveness of their national economies. As a first measure, the members of the Eurasian Union should create the single energy market
Since November 2008, G20 leaders have been meeting to discuss and act on matters of global urgency, with economic and financial matters taking centre stage. At their four summits, hundreds of commitments have been made, including refraining from raising new trade barriers, cracking down on tax havens, reforming voice and vote at the International Monetary Fund and World Bank, implementing higher and better quality capital requirements for banks, phasing out fossil fuel subsidies, cancelling debt in Haiti and stepping up efforts to reach the Millennium Development Goals. On the eve of the fifth summit in Seoul, it is important to ask what the G20 has done to take stock of the delivery of its growing number of promises.
EastContact, the exclusive publication of OWC Foreign Publishing House, is dedicated to the idea of European-Eurasian economic partnership and in particular to the idea of a Common Economic Space from Lisbon to Vladivostok.
For the past 37 years, the annual G8 summits have generated a wide breadth of declarations and communiqués binding the leaders to hard commitments across a diverse range of global policy issues. The extent to which the G8 members comply with their annual commitments has, in recent years, become a hotly contested topic, pitting academics, politicians, policy wonks and newsmakers against each other in an effort to understand whether commitments by the G8 do, in fact, matter. Given this era of ongoing domestic political constraints and conflicting global demands, does the G8 have the ability and, indeed, the capacity not only to make, but also to keep the commitments its members collectively generate at their annual summits?
Legal, economic and organizational principles to use the logistics technologies in the customs sphere are investigated in the article. Speсific composition and characteristic features of the application of the customs logistic technologies within the framework of Comon Economic Space of EurAsEC are considered.
This paper covers the issues of student accountability with special regard to post-Soviet countries, especially Armenia, Belarus, Kazakhstan, Latvia, and Russia. Primary, secondary, and tertiary levels of education are examined. These countries share a common past but have also taken different paths regarding policy choices on student performance evaluation, assessments, and the introduction of national policies on student accountability (e.g. nation-wide examinations). This paper was commissioned by the Global Education Monitoring Report as background information to assist in drafting the 2017/8 GEM Report, Accountability in education: Meeting our commitments. It has not been edited by the team. The views and opinions expressed in this paper are those of the author(s) and should not be attributed to the Global Education Monitoring Report or to UNESCO. The papers can be cited with the following reference: “Paper commissioned for the 2017/8 Global Education Monitoring Report, Accountability in education: Meeting our commitments”.
Accountability and transparency are important elements in ensuring that the G20 is delivering on its commitments, but few formal mechanisms exist for holding member countries answerable for their decisions and the subsequent effects.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.