Working paper
Religion and Preferences for Government Intervention in Russia
The aim of this paper is to examine the development of a financial framework for assessing the effectiveness of interventions. The research is based on the evidence from Serbia. In terms of methods applied, we used econometric and scenario analysis. We presented — as individual separate items — the issues such as “who” — Government budget (Ministry, specific program, loan, donor, etc.), “how much” — the amount spent, “where” (NUTS 2 region), and on “what” (type of initiative). In our model, each of the interventions applied to one of the regional development priorities is linked and evaluated by its effectiveness observing the performance of the group of indicators associated with each of the priorities. All data obtained from 8 sectors were categorized under 4 priorities, i.e. “People, Place, Productive Capacity, and Institutional Capacity”. Accordingly, we evaluate the effectiveness by observing the performance of a group of indicators related to each of the priorities. Our recommendations for optimizing the distribution structure of regional policies and regions are determined by the analysis of the performance of the group of indicators and their relative rankings per NUTS 2 region. The results are significant for further theoretical and applied research, as well as decision- making in the field of government financial policy. Our results confirmed that calculations of funds for regional development in strategic areas appear to be slightly problematic because, in the past, there was no strategic distribution based on established facts, which could be measured in terms of performance.
Summarizing the results of different researches on intercultural interaction, we can state that people feel tension in intercultural contacts when they perceive the situation as threatening their well-being. There are also many empirical evidences that people belonging to different cultures understand well-being in different ways. This understanding depends also on social, economic and other factors. Thereby it is important to study general relationships of subjective well-being and intercultural tolerance and cultural specifics of these relationships. Objectives of the empirical study was to analyze the satisfaction with life as an important factor of cross-cultural interaction; to reveal cultural specifics of modern representations of subjective well-being, and interrelations of the styles of intercultural interaction with subjective well-being in different cultures. Methods: Scales of: Psychological well-being (Ryff), Life Satisfaction (Neugarten, Havighurst, - Tobin), Subjective Happiness (Lyubomirsky - Lepper), General Communicative Tolerance (Boiko) and Ethnic Identity Types (Soldatova, Ryzhova), Student’s T-test, Spearman's rank correlation. Sample: 330 persons (18-55 years old) of 10 different nations and 5 religions. By the time of the survey, all the participants had lived in Russia for some (not less than 3) years, all of them lived in some biggest Russian cities.Results: It was discovered, that people’s satisfaction with their lives directly relates to general and intercultural tolerance. People, more satisfied with their lives, are usually better control their negative emotions, adapt to changing situations, forgive others’ mistakes. Such people admit their and others’ ethnicity and more rarely exhibit extremism in inter-ethnic relations, although they often avoid contact with other ethnic groups. Cross-cultural differences in well-being were revealed among residents of modern Russian big cities. In particular, people belonging to the Jewish religion, were significantly more satisfied with their lives than all the others were. People brought up in the Orthodox culture, were the least satisfied. In many subjective well-being indicators, representatives of the Buddhist and Muslim cultures showed quite good results. Different statistically significant connections between subjective well-being and tolerance were revealed in cultural subgroups. For example, for people belonging to Jewish religion, general tolerance is associated mostly with meaningfulness of life and openness to the world; and ethnic tolerance is associated to environmental mastery and personal growth. For Buddhists meaningfulness of life positively correlates with general and ethnic tolerance, and personal growth correlates only with ethnic tolerance. Muslims showed the similar results, but besides – the correlations of both types of tolerance with ppurposefulness and overall mood tone. For Orthodox Christians, both types of tolerance is mostly related to positive relations with others and overall level of subjective well-being. Conclusions: the life satisfaction and subjective well-being are important factors of intercultural interactions. There are common and culturally specific mechanisms of these factors interaction. In psychological support of cross-cultural interaction it is important to take into consideration cultural differences in well-being understanding and its relations with general and intercultural tolerance.
Innovation has become a frequently quoted and lived central missions of universities. This book demonstrates however that the mission is not constant. New challenges and opportunities emerge at different moments in history and there are currently a number of important strategic orientations that universities need to consider and balance. Universities face the challenge to balance their different activities and missions in order to ensure sustainable impact on innovation ecosystems at different levels. The authors argue that entrepreneurial universities as we know them today will change their thinking and activities from being purely demonstrable impact driven towards an activity portfolio approach. The latter considers ongoing institutional and governance change paired with a selected number of activities which provide demonstrable and visible impact but also continuing to invest into the free mind blue sky driven work typical for such institutions. Even beyond this the entrepreneurial university features risk taking by means of a research and innovation friendly internal climate and organization which is driven by rigor but not administration and performance indicators.
In this article, the authors attempt to analyze the economic and legal aspects of the Product Sharing Agreement on the example of the largest since 1994, the investment project known as «Sakhalin – 2». Nowadays, the «Sakhalin-2» is one of the largest oil and gas projects in Russia, unique in its global scope. The significance of the project in question is as to the amount of deposits and the fact that it is home to the introduction of advanced and strategically important technologies in the industry. Consideration of this agreement is crucial for the topic under study for several reasons: firstly, because the conclusion of this agreement caused considerable economic damage to the Russian Federation; secondly, in the process of implementation of the contract was allowed a lot of serious environmental and other violations.
The media's coverage of religion is an important question for academic researchers, given the central role which news media play in ensuring that people are up-to-date with religion news developments. Not only is there a lack of treatment of the subject in other countries, but there is also the absence of comparative study on news and religion. A key question is how the media, the political system, the religions themselves, the culture, and the economy influence how religion is reported in different countries. Spiritual News: Reporting Religion Around the World is intended to fill this gap. The book is divided into six parts: an introductory section; the newsgathering process; religion reporting in different regions; media events concerning religion; political and social change and the role of religion news; future trends.
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.