Sustainable Socio-economic Systems
The existing conceptual treatment of the essence of sustainable socio-economic systems is specified by substantiating that these systems develop not only harmoniously in the aspect of balance of social, economic, and ecological development but also in a stable way in the aspect of low volatility of GDP per capita in current prices. This treatment is interesting from the scientific and practical points of view for development and implementation of state policy in the sphere of managing sustainable development of economy.
We expect economic growth to remain strong in Poland and Latvia in 2016. Despite this robust growth, the new Polish government is likely to soften monetary and fiscal policies to further stimulate the economy, in our view. In 2015, the Latvian economy demonstrated strong resilience to external shocks.
The essay focuses in the issue of sustainable healthcare systems development, in the poorest countries particular, and the taken measures to tackle it in three main areas: maternity care, children's mortality reduction and struggle against HIV/AIDS and other dangerous diseases. The author highly estimates the impact of intellectual property rights on the possibilities for providing universal access to medical services in the developing countries.
The institute of investment operations guarantees is designed to ensure, through legal measures, a relative stability of reproduction and freedom of capital movement in the world economic system amid the backdrop of social, economic and political crisis. The notion of investment guarantee stands for the investment insurance mechanism both on the state and the state-by-state basis, aimed at compensation for damages caused to a foreign investor upon occurrence of events economically affecting the investment. The article discusses the activity of the Multilateral Investment Guarantee Agency (MIGA) established under the Seoul Convention. MIGA's guarantee opportunities, conditions for granting investment guarantees and risks which could be covered by the Agency's guarantees are specified.
The concept of sustainable development (SD) is aimed at preserving life on Earth and ensuring a decent level of life for the present and future generations. It is based on the values of conservation of natural resources, responsible consumption and ethical business practices, and confronts modern global challenges. The transition to SD implies a revision of existing values in the economics, ecology and social life of society. In this regard, education plays the most important role because it is responsible for the formation of the attitudes of the younger generation, and progress in the transformation of formal and informal institutional frameworks. In order to realize these processes, The UN has developed the global program "Education for Sustainable Development (ESD)" and formulated one of the specialized goals in the system of seventeen sustainable development goals approved by the UN for 2016-2030. Higher education plays a special role there, since it not only creates and disseminates knowledge about SD, but also influences the process of making future decisions by managers of various levels. In this context, the concept of “sustainable university” is becoming highly relevant and the experience of its practical implementation is gaining special importance. The purpose of this work is to overview the research papers of Russian and foreign authors to identify the specific features of a sustainable university as a necessary element of ESD.
This paper focuses on the period beginning with 1998, with only a brief reference to early reform initiatives of the G8. It will examine and comment on reform proposals as well as reforms actually achieved or underway. It will pay particular attention to the reform dimension of the evolving G5, Heiligendamm Process, BRIC (Brazil, Russia, India, China), Major Economies Meeting and G20 groupings, and to the G8's relationship to these structures. The chapter concludes with outlining possible trajectories of G8 reform.
Five papers analyze the bidirectional relationship between poverty and migration in developing countries. Papers discuss the patterns of migration in Tanzania (Kathleen Beegle, Joachim De Weerdt, and Stefan Dercon); work-related migration and poverty reduction in Nepal (Michael Lokshin, Mikhail Bontch-Osmolovski, and Elena Glinskaya); the evolution of Albanian migration and its role in poverty reduction (Carlo Azzarri, Gero Carletto, Benjamin Davis, and Alberto Zezza); migration choices, inequality of opportunities, and poverty reduction in Nicaragua (Edmundo Murrugarra and Catalina Herrera); and how developing country governments can facilitate international migration for poverty reduction (John Gibson and David McKenzie). Murrugarra is Senior Economist in the Latin America and Caribbean Region at the World Bank. Larrison is a PhD candidate and Assistant Teacher in the Trachtenberg School of Public Policy and Public Administration at George Washington University. Sasin is Economist in the Poverty Reduction and Economic Management Department at the World Bank. Index.