Services liberalization and productivity of manufacturing firms : Evidence from Ukraine
Principles of constructing balanced system of logistic efficiency are viewed. (BSC) Basic advantages, which allow to implement management on the base of logistic BSC are shown. Methodology of calculating logistic KPI in trade company on the example of warehousing business-process, in particular consignment, completion and dispatch at distributing center of retail network is adduced.
It is shown, that key indices of activity of other subdivisions of logistic department: operational department, transport-forwarding department, control-auditorial group should also be included into logistic BSC in trade company. Designed system of indices is connected with system of motivating personnel, whilst individual rewarding for positive results is tied to completion of established standards of KPI. Examples of calculating influence of logistics on return on capital basing on model of strategic profit.
The article addresses the G20 compliance with its long-standing commitment to refrain from protectionist measures. The paper attempts to measure and compare the results of individual G20 members in different timeframes between the summits. The analysis is based on the data from the WTO reports on G20 trade and trade-related measures. The author believes that the effectiveness of G20 in this field of cooperation remains low, which is substantiated by a large number of protectionist measures adopted by the G20 members in the period between Washington summit in 2008 and Cannes summit in 2011. The publication is prepared within the framework of a joint project "Enhancing Effectiveness of Russia's Participation in G8, G20 and BRICS in Compliance with the Russian Federation National Priorities in Global Governance and Developing Recommendations for the Russian Presidency of G20 in 2013" implementing by Russian International Affairs Council (RIAC) and International Organisations Research Institute (IORI) of the National Research University Higher School of Economics in 2012.
This article studies the relationship between exporting and past productivity at the firm level. Panel data from two surveys of Russian manufacturing firms conducted in 2005 and 2009 are used. We analyse the difference between continuing and new exporters, and study how drivers to exporting differ if firms export to CIS or high-wage advanced countries. We find empirical evidence for the self-selection hypothesis: both continuing and new exporters are more productive and larger than non-exporters and export quitters. Path dependence in the nature of foreign trade ceased to exist: serving the markets of the former Soviet Union requires the same productivity advantage as exporting to the developed countries.
The historical changes in Central and Eastern Europe demanded suitable paths for the transition from centrally planned to market based economies. The lack of relevant experience added to the challenge, giving rise to the incalculable risks of implementing untested policies. By focusing on monetary policy, trade, and convergence, this volume addresses some of the most urgent economic policy issues in the transition economies of Central and Eastern Europe and beyond.
Business Issues is a new Businss English course which helps students get ahead fast with skills and business vocabulary, it also gives students grammar practice in business contexts.
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.