Методические рекомендации по реализации ФЗ о концессионных соглашениях и постановления Правительства РФ от 26 декабря 2015 года "О предоставлении финансовой поддержки за счёт средств государственной корпорации - фонда содействия реформированию жилищно-коммунального хозяйства на модернизацию систем коммунальной инфраструктуры"
Nowadays, a lot of leading economists link the future of our country with the involvement of a large scale of foreign investment in Russian economy, which pursues long-term goal of a civilized society in Russia, which characterized by a high standard of living. This problem can be solved, but first it is necessary to examine the specific of the state in which foreign investment attracts, to consider the economic and legal framework of Russia. At the same time, great attention should be paid to the last of these, because there is a kind of paradox in this area: the strongest tool to attract foreign capital at the same time is the main reason that keeps investors from large investments. Foreign investment is a capital funds which have been taken out of one country and invested in various types of business activities abroad in order to derive business profits or interest. Foreign investments may take a variety of forms. This article is focus on such forms of foreign investment as a concession agreements and production sharing agreement.
The history of legal regulation of concession relations development is considered in the article, beginning with farming system and ending with oil concession agreements in the end of twentieth century. The oil concessions development is considered in detail from the end of the nineteenth - beginning of the twentieth century; gradual changes of USA concessions and eastern concessions are compared.
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.