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Place of the Former USSR Republics in the Global Competitiveness Index

Place of the Former USSR Republics in the Global Competitiveness Index

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An upcoming anniversary of the USSSR dissolution raises the opportunity to overview the tendencies of the development of the state systems, emerged on its fragments. A retrospective view of this process, which has received various (sometimes contradictory) political and expert assessments, raises the main question – the viability and prospects of s...

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Article
Subject. The article analyzes sectors of the Russian economy, based on the Harvard Paradigm. Objectives. The purpose is to develop a sectoral analysis technique and test it on the Russian enterprises data. Methods. I employ general scientific principles and research methods, like abstraction, generalization of approaches of domestic and foreign authors on identification, development and analysis of sectors, and the industry analysis. Results. The presented technique for analyzing economic sectors includes three stages. At the first stage, I investigate basic conditions, namely factors (forces) of competition in the sector under study, profitability and risk, and special aspects of State regulation. At the second stage, I analyze the behavior of companies in the sector and assess the operational efficiency, investment and financial activity of enterprises. At the third stage, the indicators of value creation and dynamics of sector development are analyzed. The methodology was tested on data from enterprises in four sectors of the economy: primary (extraction of coal, oil, natural gas, etc.), secondary (production of chemicals, iron and steel production, etc.), tertiary (water, air, and space transport, etc.), and quaternary (development of computer software, activities in the field of information technology, R&D). Conclusions. I tested the hypothesis about the dynamics of economic sectors’ development based on calculations, and identified positive trends in the Russian economy, i.e. the faster growth of tertiary and quaternary sectors and their relatively high efficiency. As for negative trends, they include low investment activity of enterprises, posing a threat to economic growth.
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Against the background of political instability in Belarus and unsuccessful attempts to "deepen integration" in 2019-2020, the political economy of Russian-Belarusian cooperation as a subject of study goes far beyond academic interest and is of great practical importance. The article suggests that explanation of the integration difficulties in inside the nature of the existing Belarusian political and economic model, which becomes the main object of analysis. By analogy with the political economic model of "Putinomics" by С.Miller and the results of a comparative analysis, the political economic model of "Lukashenomics" and its main strategies (centralization of power, a high level of social obligations, state control of the economy, extraction of "political rent" from relations with Russia and the priority statehood over state solvency) are explained. On the basis of the model of resilience and stability of state systems developed earlier by the author as part of the team, the influence of the "Lukashenomics" on the resilience and stability of the state system of Belarus is determined. The fundamental incompatibility of the existing Belarusian and Russian political economic models is revealed and the prospects for the development of Russian-Belarusian relations in the context of possible scenarios for the transformation of the Belarusian model are determined.