Vol 30, No 5 (2019)

The article analyzes the relationship between macroeconomic stabilization policy and development of the Russian economy at industry and regional levels. It is stated that macroeconomic stabilization in itself does not ensure transition to sustainable economic growth against the background of structural and regional imbalance. Measures at the macroeconomic level should be aimed at eliminating gaps in production efficiency of certain types of activities and creating conditions for expanding the production connectivity of regions.

This article builds on the concept of institutional differences and the related concept of institutional rent in the context of the multitier Russian economy discussed in [1]. The analysis introduces three groups of sectors: giant, large, and other Russian companies. The boundaries between the sectors are fuzzy. This article seeks neither to analyze the quantitative characteristics of their activity nor to assess the significance of institutional differences and institutional rent for economic growth. No recommendations are given as to how to address the negative effects of the existing institutional trap. In this context, the aim of this article is to identify approaches to solving the listed problems.

This paper presents the conclusions from the analysis of the velocity of money within the Russian banking system, as calculated according to the data of banking turnovers. Here, the emphasis is not on the analysis of accounting (technical) turnovers but the economically significant meaning of changes in the velocity of money.

The article (part I) describes a modification of the forecast calculation system for analyzing the effect of social policies and their parameters on the growth rates of the Russian economy developed at the Institute of Economic Forecasting of the Russian Academy of Sciences. Part II presents the variants of forecast calculations for formulating guidelines for social policies to ensure the recovery of the growth of the Russian economy. A comparative analysis is given of measures to stimulate the economy and the underlying theoretical structures used in Europe, the United States, and China in 2008–2009 and at present. Part II will be published in no. 6 of the journal.

The article considers the prospects for the implementation of the Scientific and Technological Development Strategy of the Russian Federation. It is shown that the major challenges set in the Strategy are a consequence of Russia’s technological lag behind the level of industrialized countries in terms of the complexity of development problems during the period of building a market economy. The technological lag can be overcome by reforming the scientific and technological sphere and improving the development management mechanisms. It is noted that a number of provisions of the Strategy require clarification due to the May Decrees of the President of the Russian Federation.

This paper investigates investment activity and investment efficiency in mechanical engineering industries. The influence of mechanical engineering on the development of the economy of the regions of the Russian Federation is shown. Quantitative estimates for structural, volumetric and dynamic indicators of the effects achieved as a result of the combined influence of investment and innovation factors are obtained.

The article presents the author’s approach to the study of food independence of the country, which consists in considering it as a complex system that includes independence simultaneously in the food, resource and production sectors of the agro-industrial complex. Assessments of food independence of Russia as regards food products and resources of agricultural production are presented. The study is focused on the need to ensure the resource independence of agricultural production in Russia. The risks of resource dependence of agricultural production in Russia are identified. The main guidelines for improving agrarian policy have been formed in order to achieve resource independence in the context of ensuring the country’s food security.

The article analyzes the dynamics of spatial distribution, geographical structure and connection of the foreign labor force with a number of macroeconomic parameters of the development of the Far East in 2011–2016 on the basis of official statistics. It is determined that the total number of foreign workers attracted to the far Eastern regions was largely due to the size of their economy, which indicates the presence of a gravitational relationship between these parameters. Based on the analysis of foreign markets of goods and capital, it is assumed that the real values of the foreign labor force of the far Eastern regions may be near the number of foreign labor migrants reflected in the balance of labor resources.

Based on the systemic comparative analysis of data, the paper overviews economic, geologic, and environmental problems and possible impact of shale gas recovery on the air, surface and ground water and their radioactive contamination, as well as the effects on the geologic environment and seismic activity in areas of extraction, landscapes, lands, and biological resources. It has been established that considerable risks exist that cast doubt on the feasibility of shale gas recovery in Europe.