Working paper
Belt and Road initiative: challenges and opportunities for China and for the world
We assess the effects of state-controlled "national champions" on the concentration and efficiency of the Russian banking industry. Our main hypothesis is that the unusual findings of the empirical studies reflect a specific institutional structure of the Russian banking market, namely the dominant position of the state-controlled players who are essentially different institutions than other commercial banks. The novelty is that we offer an alternative view of the market structure in an industry dominated by state-controlled entities, namely by consolidating their market shares into a combined market share.
Economic development of Singapore has become one of the vivid examples of transition of a developing country towards a group of First World economies. Singapore's economic success was achieved mainly due to the interventionist measures implemented by the Government and embodied in the industrial policy.
This book constitutes the thoroughly refereed post-conference proceedings of the 8th International Conference on Learning and Optimization, LION 8, which was held in Gainesville, FL, USA, in February 2014. The 33 contributions presented were carefully reviewed and selected for inclusion in this book. A large variety of topics are covered, such as algorithm configuration; multiobjective optimization; metaheuristics; graphs and networks; logistics and transportation; and biomedical applications.
Among key problems of strategic development of the Russian Federation – a gain of the advanced positions in a global competition, an exit on standards of a life of the developed countries. Methods of achievement of the proclaimed priorities among which predominate an emphasis on realisation of innovations and optimisation of use of regional and human potentials are defined also. It means also working out of essentially new domestic industrial policy which main objective – stimulation of transition of a national economy on the way of development allowing a science and hi-tech sectors of the industry to become by the locomotive of economic growth, to provide adequate conditions for development for industrial sector of economy. Many questions concerning a theme of research carried out in the given collection, successfully dare in the European countries. Therefore studying a positive European experience important for decrease in vulnerability of domestic economy in the face of many global problems. These problems demand today adequate reactions at level of an industrial policy, start of new industrial strategy. In this work it is a lot of the specific proposals directed on the further development of the Russian industry. Authors have formulated both new tactical and strategic ideas, not ordinary decisions for achievement of leadership in the field in the future.
To help countries achieve their full industrialization potential and fulfil the sustainable development goals (SDGs) and thereby improve their general welfare, UNIDO is promoting the concept of comprehensive and sustainable industrial development (ISID), which was established in the Lima Declaration adopted by UNIDO Member States on 2 December 2013. The UN General Assembly recognizes the significance of ISID as an important strategic direction for fostering global development in the future. ISID is a key instrument for achieving sustainable economic growth, the creation of quality jobs, the building of equal societies, the protection of the environment, and the active shaping of comprehensive sustainable globalization. The promotion of ISID as the key driver for successful integration of economic, social and environmental factors necessary to achieve full implementation of sustainable development by creating and improving countries’ industrial potential is the main priority of UNIDO’s current activities. To successfully implement ISID, UNIDO acts as a global forum for industrial development and the establishment of relevant international standards, including standards on industrial statistics [UNIDO, 2014; 2013a]. Accordingly, UNIDO has been implementing the regional project “Improvement of industrial statistics and development of statistical indicators for the analysis of industrial development in the CIS countries” since 2013. The project’s main objective is to provide methodological assistance to the Commonwealth of Independent States’ (CIS) national statistical services in implementing international standards on industrial statistics in the statistical practice and presentation of modern, internationally comparable information for a qualitative and reliable reflection of industrial development processes. This report presents the results of the statistical analysis describing the availability, quality and measurement capabilities of official statistics in the CIS countries accumulated over the period 2005-2014.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.