Обмен идеями, миграция и экономический рост
The chapter contains a review of labour migration trends and migration policies in the area of the Commonwealth of independend states.
In Russian society there are mutually excluding approaches to evaluating economical consequences of inward migrations: from extremely liberal focusing on positive consequences of drawing immigrants for future Russia's socio-economical development to prevailing state-guarding ones paying attention to negative consequences of illegal employment, money transfers of immigrants, "brain draining", etc. The article sets forth the peculiarities of discourses on migration and migrational policy in terms of mass media, officials, public politics and academic interests. The conclusion is drawn about weak communication between them, segmentation of discourses mentioned. The only intersection point of these discourses is forcing up alarmist attitudes in society. The comparison is drawn between the discourses on migration policy in Russia and the USA and on the role of tragic events in these countries (reaction to terrorist acts in Beslan and September 11,2001).
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.