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News
May 22, 2026
HSE Graduates AI Project Wins at TECH & AI Awards
Daria Davydova, graduate of the HSE Graduate School of Business and Head of the AI Implementation Unit at the Artificial Intelligence Department of Alfa-Bank, received a prize at the TECH & AI Awards. She was awarded for the best AI solution for optimising business processes. The winners were determined as part of the VII Russian Summit and Awards on Digital Transformation (CDO/CDTO Summit & Awards).
May 20, 2026
HSE University Opens First Representative Office of Satellite Laboratory in Brazil
HSE University-St Petersburg opened a representative office of the Satellite Laboratory on Social Entrepreneurship at the University of Campinas in Brazil. The platform is going to unite research and educational projects in the spheres of sustainable development, communications and social innovations.
May 18, 2026
The 'Second Shift' Is Not Why Women Avoid News
Women are more likely than men to avoid political and economic news, but the reasons for this behaviour are linked less to structural inequality or family-related stress than to personal attitudes and the emotional perception of news content. This conclusion was reached by HSE researchers after analysing data from a large-scale survey of more than 10,000 residents across 61 regions of Russia. The study findings have been published in Woman in Russian Society.

 

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ЭВОЛЮЦИЯ ТЕОРЕТИКО-МЕТОДОЛОГИЧЕСКИХ ПОДХОДОВ К МОДЕЛИРОВАНИЮ МЕЖДУНАРОДНОГО ДВИЖЕНИЯ КАПИТАЛА В ПОСТ-ПАНДЕМИЧЕСКУЮ ЭПОХУ

Контуры глобальных трансформаций: политика, экономика, право. 2021. Т. 6.
Seniuk N.

The global economic crisis triggered by the COVID-19 pandemic caused not only an unprecedented drop in the macroeconomic characteristics of the functioning of the world economy, such as GDP and flows of foreign direct  investment (FDI), but also made it necessary to rethink the theoretical and model approach of the modern economy, as well as its driving and developing force - capital. Understanding this, the deepest decline in production and capital investments in the past 150 years, is of exceptional importance at this historical moment, both from the point of view of the associated extraordinary threats to the very life and health of people, and from the trumendous opportunities, especially for developing and transition economies. Minimizing such threats and maximizing the results of using new opportunities requires fundamentally new views and approaches to understanding and modeling investment activities in the process of overcoming the pandemic and in the post-pandemic era.
    At the same time, we are not talking about a simple functionally-oriented modification of the FDI models within the framework of the traditional framework of (neo) classical scientific rationality, but about going beyond the limits to higher types of economic reality - non-classical and post-non-classical. From the point of view of describing and predicting the investment activities of TNCs, this means going beyond simplified idealizations both in relation to the location of capital (its localization) and linear ideas about the economic space and its homogeneity, which are necessary to describe non-classical spatially distributed collocations of firms and institutions such as clusters and agglomerations, as well as in the post-nonclassical case of modeling the investment behavior of both corporate and non-corporate systems in the virtual network space of global production and global innovation networks.
     Based on this understanding of the innovation-oriented nature of the global challenges of the pandemic, this article attempts to analyze evolutionary trends in the understanding of all three components of the most popular investment OLI model by J. Dunning and obtained its analogs in a similar  structure in the non-classical and post-non-classical space. Taking into account the analysis of the post-pandemic trends manifested by the crisis, this made it possible to argue the global conclusion in favor of the priority of post-non-classical transformations, and most importantly, the inevitability of a deep restructuring of the existing techno-centric and industry-oriented economy towards a person-centered and health-oriented one. At the same time, it is necessary to obtain a fundamentally complete set of investment models of the FDI in a three-component eclectic OLI-logic, but with a changed priority of the “assembly” of its components.

Research target: Economics and Management Political Science, International Relations, and Public Administration
Priority areas: economics
Language: Russian
Full text
Keywords: глобализацияТНКпрямые иностранные инвестицииинтернационализацияregionalizationрегионализация Foreign Direct Investment (FDI)прямые зарубежные инвестицииглобальные цепочки стоимостиTNCInternalizationdeglobalizationOutward Foreign Direct InvestmentGlobal Value Chains (GVC)
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