STATE AND MUNICIPAL ADMINISTRATION
Improving the Russian industry competitiveness involves various tools, the main of which at the state level is industrial policy. In the conditions of the economy digitalization it is necessary to apply new approaches to ensure industrial development, which is impossible wit hout forming appropriate conditions adequate to the current situation. The ecosystem approach as an evolutionary development of cluster and network approaches and manifestation of the economy digital transformation on the example of the building materials industry development has been presented. The analysis of modern mechanisms and tools for ensuring sustainable development of enterprises related to the building materials industry within the framework of their ecosystem interaction, the presence of which is conditioned by structural transformations leading to forming new models of functioning and development, such as industrial ecosystems, has been carried out. When implementing the state industrial policy, the role of considering the ways of interaction between the state and industries, the target of which is the achievement of priority areas of industrial development, is increasing. Digital and technological solutions make it possible to transform the industrial development model, in which localization and concentration of individual economic entities cease to be determining factors. The proposed ecosystem approach in formation of the model of interaction among industrial enterprises creates conditions for infrastructure development and economic entities functioning in the context of digital economy.
The Russian National Welfare Fund of Russia (hereinafter referred to as the Fund) is an important instrument for ensuring financial stability and long-term economic security of the state. In the context of demographic changes and the funds shortage to finance the pension system, there is a need to find additional sources of financing, including through the effective use of the Fund.
The relevance of the study lies in the need for a rethinking approach to the use of the Fund’s resources to solve the issues of long-term social security in Russia.
The purpose of the study is to assess the potential of the Fund for financing extended pension provision programs in the context of modern challenges and global experience of sovereign fund management.
To achieve the purpose, the methods of comparative analysis, modeling of financial needs of the pension provision system, and the Fund’s existing investment strategy analysis were used. It has been established that the current size of the Fund is insufficient to cover the pension system deficit in the long term. Key limitations for the Fund’s effective investment in the Russian financial market have been identified. The study results have shown that in order to realize the goals of pension financing it is necessary to significantly increase the capital of the Fund and revise its investment policy. Ways to optimize the investment strategy, including diversification of assets and internal financial instruments development for long-term savings, have been proposed. It has been concluded that comprehensive changes in the Fund’s management are necessary, including political and economic measures aimed at increasing its capitalization and improving the efficiency of its assets use.
MANAGEMENT IN VARIOUS INDUSTRIES
A comprehensive analysis of the process of adapting Russian industry to modern challenges and the search for ways to improve its competitiveness under rapid changes in social and economic conditions of regional functioning has been carried out. The adaptation mechanisms of regional industrial sectors development under the influence of modern trends of changes in the social and economic sphere and transformation in society and economy in Russia have been considered. The regional industry as the main structural element of the national economy in the process of adaptation to these changes has been studied. The main factors causing the process of stagnation of start-up adaptation development of the industrial sector have been revealed: highly qualified personnel volume deficit, motivational issues, the need for production automation and digitalization in conjunction with the low level of material and technical base of a number of enterprises in the regions, the lack of production digitalization, production volume reduction within the framework of export sales caused by sanctions, as well as internal reasons that force to search for ways of the regional industry adaptation to the changes in the social and economic situation in Russia. Methods of data classification and systematization, visualization of information and analytical indicators, factor analysis, holographic method of literary sources analysis, methods of information analysis and synthesis were used. A systematic approach to the study of the stated research topic has been applied. On the basis of the conducted research it has been concluded that the regional industry should promptly respond to external and internal factors with the help of available tools such as increasing the investment attractiveness of enterprises, priority sectors development considering their territorial characteristics, thus ensuring the regional industrial complex development considering the innovative nature of adapted production processes. For developing this system it is necessary to modernize organizational and management structures and to create fundamental foundations for the opportunities to overcome crisis situations in industry against the background of social and economic society transformations.
MANAGEMENT IN ECONOMY: PROBLEMS AND PROSPECTS
The issues of required reserves application, which is a traditional instrument of monetary policy, which has other relevant effects for regulators, have been studied. Required reserves act as a liquidity buffer that not only limits credit capacity of financial intermediaries, but can also act as a buffer in times of crisis. Regulators use different models of required reserves application to correct issues in national systems, as well as to obtain the supervised institutions’ response to changes in the models’ parameters. The modern period is characterized by new challenges such as implementation of central bank digital currencies into monetary circulation. At present, the issues of monetary circulation functioning, macroeconomic equilibrium, and financial stability are quite acute, and the search for effective instruments is an important managerial task, which this study is aimed at solving.
The purpose of the study is twofold – to analyze the current practice of diverse use of required reserves and to investigate their possible application in the large-scale expansion of the third form of central bank money.
The possible setup of required reserves and microprudential and macroprudential effects of their application have been studied. The data of the International Monetary Fund, as well as the Central Bank of the Russian Federation and individual central banks, generalization method, and comparative economic analysis were used. Considering the cross-border nature of financial institutions’ activities, the conclusion has been made about possible transformation of required reserves with the further expansion of the use of digital currencies. It has been recommended to modify their setting as an instrument of capital control.
Today’s economic environment is characterized by volatility due to dynamic shifts in consumer preferences, digital technology and supply chain globalization, and demographic shifts. These challenges impose a volatile human resources market, which is what graduates and other job seekers face. Companies’ needs are changing under the influence of external threats, and employer puts forward all new requirements to their employees. In this regard, modern higher education mission is expanding, which requires practitioners’ involvement in the educational process.
The purpose of the study is to determine the most important aspects of interrelationship of educational organizations and business.
It causes the need to solve the following tasks: determining the peculiarities of the modern human resources market state, identifying the most significant qualities of an applicant in the labor market, determining the methods of forming competitive competencies in interrelationship of business and universities. To achieve the goal, the deductive and modeling methods and system analysis were used in the research. It has been concluded that it is necessary to joint efforts of organizations and higher education when training productive human resources to ensure economic growth of the country. The study results can be used when forming a strategy of interaction between employers and higher education, as well as creating and adjusting curricula of educational programs.
PROCESS MANAGEMENT
Relevance, possibility, and approaches of advanced management education as a basis for complex construction, sustainable functioning, and progressive development of promising ecosystems have been defined. Justifications, materials, and intermediate results of research on constructing and staging concepts of formation, establishment, and development of ecosystems on the basis of synergetic impact of management education have been presented. Goals, conditions, and factors of management education construction as a permanently advanced developmental basis for forming and renewing promising ecosystems have been revealed. A comprehensive approach to establishing, analyzing, and evaluating a set of indicators of formation and functioning of management education has been developed. Bases, manifestations, and transformations of the trends of catching-up, accompanying, and anticipating development of management education formation have been analyzed. Conditions, opportunities, and prospects of forecasting and implementing management education modernization in the form of anticipatory development of the ecosystem building basis have been considered. Approaches to developing key provisions of the methodology of advanced managerial education formation as a necessary infrastructural component of building a promising configuration of the ecosystem of the future have been formed.
The purpose of the study is to assess the impact of changes in the quality of life parameters on migration behavior and to form a relevant forecast.
To achieve this goal, the author used the methods of retrospective analysis, grouping, regression analysis, and scenario modeling. The retrospective data analysis allowed us to identify interrelationship of these indicators, but the statistical estimates quality required additional research, during which the entire population of Russian regions has been divided into four groups. For each of the groups a separate regression equation describing interrelationship of migration growth rate value and a comprehensive assessment of regional quality of life has been constructed. The quality characteristics of the obtained equations has confirmed the possibility of their implementation to create a forecast of changes in the indicators. A scenario forecast of changes in the values of the quality of life indicator in Russian regions up to 2025 has been formed. On the basis of the obtained forecast the corresponding values of migration growth coefficients have been calculated. The realization of one or another scenario has a different impact on the migration attractiveness of the regions. This is due to different sensitivity to changes in quality of life. At the same time, high sensitivity of the first group regions not only gives them advantages when the situation improves, but also creates additional risks in case of its deterioration. Three scenarios of the situation development have been considered. According to the first one, by 2025 the migration population growth process will improve in 33 constituent entities of the Russian Federation compared to the level of 2021, with the second – in 34, with the third – in 28. Obtaining a forecast of the regional population size is an integral part of analyzing the impact of changes in the quality of life parameters on the dynamics of the country’s settlement system, in particular for calculating the above indicators of concentration and unevenness of settlement.
MANAGEMENT INFORMATION TECHNOLOGIES
The purpose of the study is spatial modeling of the impact of developed advanced production technologies on the volume of mineral extraction, manufacturing industries, and power generation in Russian regions.
The SAR and SEM models, as well as global and local Moran index, have been applied. The volumes of developed advanced production technologies, mining, manufacturing industries, and electricity generation for 2022 have been considered as the variables under study. It has been found that the processes of advanced production technologies development affect the manufacturing industries and electricity generation. The spatial autocorrelation coefficients analysis showed that in the processes of developing advanced production technologies, mining, manufacturing, and electricity generation regions form clusters, and there is a positive spatial autocorrelation. Russian regions have been classified using the local Moran index, which allowed us to identify growth poles, high values clusters, territories influenced by these clusters, and territories with a low value of developed advanced production technologies, manufacturing industries, and electricity generation. The negative value of the spatial autocorrelation coefficient in the SAR model showed that an increase in the amount of developed advanced manufacturing technologies in one region leads to a decrease in their level in another one. It indicates spatial heterogeneity of the processes of advanced technologies development in the regions.
THREATS AND CHALLENGES
The issues of social and economic development in the context of urban and municipal formations are an important strategic task of public administration. The study of northern urban settlements and trends assessment in their social and economic development is a relevant area of study of existing and developing measures of state support at the federal and regional levels.
The purpose of the study is to identify effective tools for assessing the Arctic cities development indicators, as well as to determine directions and trends in accordance with the national strategic objectives and priorities in the Arctic macroregion development.
The information research base is the data of the Federal State Statistics Service and indicators of independent assessment of the conditions quality for social services provision. From the methodological point of view, demographic characteristics, migration indicators, and the independent quality assessment results have been assessed to identify the spatial features of social and economic development of cities. The typological groups by population size of urban settlements have been determined. Migration characteristics of the cities under study have been revealed. A comparative analysis of the conditions for social services provision to the population by branches of the social sphere has been carried out. The obtained results can be the basis for managing and coordinating integrated development programs for the Arctic territories and their impact on the country’s spatial development as a whole.
POLITICAL DISCOURSE
Youth policy transformation under the influence of digitalization has been studied, and the directions of its renewal in the changed political and social and cultural realities have been revealed.
The subject of the study is the transformation of the main directions of youth policy in the conditions of modern digital tools implementation in all aspects of life of an individual and society.
Political and cultural analysis, which involves comparing the youth policy directions in a historical cross-section, and legal analysis, which focuses on the study of the regulatory and legislative framework governing the specifics of youth policy implementation, have been applied. Modern scientific approaches to youth policy have been analyzed. The digitalization concept, as well as the peculiarities of its impact on changes in youth policy have been studied. Potentialities and risks that accompany the digitalization processes strengthening in youth policy have been revealed. The study results can find their practical application in specific solutions development to update youth policy in order to increase compliance with the changed political realities. It substantiates the issue that needs further fundamental research, primarily with regard to the study of transformations of each of the identified areas of youth policy.
ISSN 2713-1645 (Online)