Revolution Wave 2013-2014: Raising the Question
In 2013–2014 the world experienced a new revolutionary wave of a rather weak but very specific nature. Protest upsurges in Cairo, Kiev and Bangkok led to the collapse of regimes (in the first and the third cases, with the direct participation of military forces); protests in Tunisia, Caracas, Istanbul, Ankara and Sarajevo seriously challenged the corresponding regimes though did not result in their actual collapse. Are there any common features between these destabilization waves, which occurred synchronically in such distant (both from the geographical and civilizational point of view) countries as, say, Venezuela, Ukraine and Thailand? Our analysis reveals that such common features exist, and are surprisingly numerous
This book sheds new light on the continuing debate within political thought as to what constitutes power, and what distinguishes legitimate from illegitimate power. This book concludes by arguing that the Russian experience provides a useful lens through which ideas of power and legitimacy can be re-evaluated and re-interpreted, and through which the idea of “the West” as the ideal model can be questioned.
This article analyzes some important aspects of the world socioeconomic and political development in the near future. The future always stems from the present. The fi rst part of the article analyzes the global causes of the contemporary crisis and the possibilities to eliminate the most acute problems that have generated this crisis. The authors believe that in some respects the global fi nancial system, notwithstanding all its negative points, still performs certain important positive functions including the ‘insurance’ of social guaranties on a global scale. New fi nancial technologies decrease the risks in a rather eff ective way, they expand possibilities to attract and accumulate enormous capitals, actors, and markets. The modern fi nancial sector also contributes to the insurance for social funds on a global scale. The participation of pension and insurance funds in fi nancial operations leads to the globalization of social sphere. The countries poor in capital, but with large cohorts of young population, are involved more and more in a very important (though not quite apparent) process of supporting the elderly portion of population in the West through the vigorous unifi cation of the world’s fi nancial fl ows, their standardization, and by increasing global mobility and anonymity. The second part of the article considers some global scenarios of the World System’s future and describes several characteristics and forecasts of the forthcoming ‘Epoch of New Coalitions’. Among the problems analyzed in this paper are the following: What are the implications of the economic weakening of the USA as the World System center? Will the future World System have a leader? Will it experience a global governance defi cit? Will the world fragmentation increase?
The recent decade has witnessed remarkable success in various aspects of socioeconomic development in Tropical Africa. However, contrary to the “development is the best contraceptive” expectations, fertility in many countries remains stalled, frequently at very high levels of 5 and more children per woman. This actualizes the risks of population explosions, which are particularly sharp, and can bear truly dramatic consequences for national and even regional development, in the largest countries. In order to foresee such risks, valid population projections are necessary. The only widely recognized comprehensive series of such forecasts is currently developed by the UN Population Division; however, the method underlying their forecast has a number of limitations. We offer a different method for modelling the scenarios of demographic future of a given country. We apply this method to the case of Mozambique and reveal that the population projections calculated for Mozambique by the UN Population Division in 2012 – 2013 seem to be overly optimistic.
Monograph by S. Khasyanova «Upgrading Banking Regulation and Supervision in Russia in the line with International Standards» is devoted to the study of the development of banking regulation and supervision in Russia on the basis of international principles and standards. The process of implementation of international principles and standards of banking regulation in the Russian Federation and the following consequences are analyzed in the context of financial stability. Particular attention is paid to macroeconomic regulation and development of prudential regulations and requirements for banks, taking into account banking sector peculiarities. The regulation of systemic risk, identification of systemically important banks and applied to them a particular regulatory regime were investigated. The Deposit Insurance System and its role in enhancing the stability of banks as well as its directions of improvement are also considered in the study. The book is intended for professionals in the field of finance and banking, teachers and students of universities’ economic and financial departments.
The First World War became a watershed in the European and world history. 100 years after the outbreak of the Great War historians continue to debate a role of this milestone event in the development of European civilization. The authors of the monograph try to make their own contribution to this discussion.
Designated for historians and for all those interested in the history of early twentieth-century Europe and Russia.
The article analyzes trends in fixed assets formation and fixed investment in Russia’s transition economy. It is shown that the official Rosstat approach to measuring fixed assets and fixed investment may substantially understate fixed assets renovation and replacement rates. The depth of the decline in investment spending during the transition period might therefore be substantially overstated. This bias may be explained by severe difficulties in measuring price and capital replacement trends in first years of transition. Alternative estimates of physical volume indexes of fixed assets and investment in fixed capital by fifteen main industrial sectors and branches during 1991−2003 are derived and industry-specific investment and fixed assets trends are discussed. These alternative fixed asset and investment estimates suggest that conventional views on investment and capital stock trends in the Russian economy need to be revised.
At the moment in Russia a policy of privatization of companies with the state participation in the share capital is being conducted; the results of this study will help to make predictions about the dynamics of performance of privatized companies
The main goal of the research is to study the impact of state participation in the share capital on performance of the company. The study showed that state participation in the capital negatively affects to the companies' performance. However, in this work an interesting result that enterprises of a natural monopoly receive the net profit more than other companies was obtained.