Book
Международные экономические отношения: плюрализм мнений в эпоху перемен
The article delves into risks of differences in the banking regulation regimes of the EAEU member states and substantiates their alignment that would aim at entrenchment of the objectives of Eurasian economic integration, on the one hand, and ensuring financial stability, on the other hand. In this case, efforts to smoothening regionalization of banking regulation based on “mini-Basel III” approach seem to reduce the detrimental effect of systemic risks, which in fact is one of the principal driving forces of integration processes consistency and the achievement of the objectives of Eurasian integration.
In March 2011 scholars met in Prague at the conference Interculturalism, Meaning and Identity. This event revitalised this important theme related to Diversity and Recognition. The terms 'interculturalism' and 'integration' are experiencing a renaissance. As the extent of human movement between nations increases attempts are made to balance cultural difference and social cohesion. In some contexts immigration and settlement policies are becoming more draconian in response. Because of this, interculturalism can take on many meanings. However, pivotal to the way interculturalism is understood is identification. As the relationship between nation, ethnicity and language becomes more complex so too do the ways in which people represent them selves. The cultural resources drawn on and the processes used to form identities are examined in this truly international collection. So too are the implications of these developments for how we theorise culture, meaning and identity.
This paper begins by outlining the two-sided ‘ethical challenge’ that international sociology faces in the 21st century. First, formulating the ethical stance of a sociologist towards the subject of disciplinary inquiry and the potentially involved social groups. Second, elaborating the adequate research tools for studying the ethical dimension of globalizing social reality. We conduct a critical analysis of the current literature on these issues from the Global Sociology perspective. We show that the ‘value-involved’ Global Sociology is the only possible mode of successful and appealing international disciplinary practice. However, existing ‘value-involved’ approaches are Eurocentric by nature and lack sensitivity to the ethically diverse global social reality. We propose the conceptual framing of ‘Ethically Responsible Global Sociology’ as a new vision of our discipline in the global world.
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.