5 (51) Сентябрь-Октябрь 2019 (.Pdf)

Total Page:16

File Type:pdf, Size:1020Kb

5 (51) Сентябрь-Октябрь 2019 (.Pdf) ISSN 2075-1990 (Print) ISSN 2658-5332 (Online) Финансовый журнал Научно-практическое издание № (51) Выходит 6 раз в год. Издается с июля 2009 г. сентябрь-октябрь5 DOI: 10.31107/2075-1990-2019-5 2019 Главный редактор В. С. Назаров директор Научно-исследовательского финансового института Министерства финансов Российской Федерации, кандидат экономических наук Учредитель и издатель федеральное государственное бюджетное учреждение «Научно-исследовательский финансовый институт Министерства финансов Российской Федерации» Адрес: Настасьинский пер., д. 3, стр. 2, Москва 127006, Россия Тел./факс: (495) 699-74-14 E-mail: [email protected] Сайт: www.nifi.ru ISSN 2075-1990 (Print), ISSN 2658-5332 (Online). Свидетельство о регистрации СМИ от 08.05.2019 ПИ № ФС77-75704, выдано Феде- ральной службой по надзору в сфере связи, информационных технологий и массовых коммуникаций (Роскомнадзор). Издание включено в Российский индекс научного цитирования (РИНЦ) с 2009 г. Журнал включен в Перечень рецензируемых научных изданий, в которых должны быть опубликованы основные научные результаты диссертаций на соискание ученой степени кандидата наук, на соискание ученой степени доктора наук, по научным специальностям и соответствующим им отраслям науки. Издание включено в международный каталог периодических изданий Ulrich’s Periodicals Directory. Статьи журнала индексируются в международной базе данных RePEc — Research Papers in Economics. Тексты всех статей размещаются в открытом доступе на сайте http://www.finjournal-nifi.ru и на портале Научной электронной библиотеки (НЭБ) http://www.elibrary.ru. Адрес редакции: Настасьинский пер., д. 3, стр. 2, Москва 127006, Россия Тел. (495) 699-76-83 E-mail: [email protected] Сайт: www.finjournal-nifi.ru Все статьи проходят обязательное научное рецензирование и проверку на отсутствие элементов плагиата. Процедура рецензирования является анонимной и для рецензента, и для автора. Мнения авторов могут не совпадать с мнением редакции. © Научно-исследовательский финансовый институт Министерства финансов Российской Федерации, 2019 © Financial Research Institute, 2019 Редакционный совет Артюхин Р. Е., кандидат юридических наук, Максимова Н. С., кандидат экономических руководитель Федерального казначейства наук, депутат Государственной Думы (г. Москва) Федерального Собрания Российской Федерации, заместитель председателя Бокарев А. А., кандидат экономических наук, Комитета Государственной Думы по бюджету директор Департамента международных и налогам (г. Москва) финансовых отношений Министерства финансов Российской Федерации (г. Москва) Назаров В. С., кандидат экономических наук, директор НИФИ Минфина России, главный Данчиков Е. А., кандидат экономических наук, редактор "Финансового журнала" (г. Москва) Министр Правительства Москвы, начальник Главного контрольного управления города Нестеренко Т. Г., кандидат экономических Москвы (г. Москва) наук, первый заместитель Министра финансов Российской Федерации (г. Москва) Дроздов А. В., заслуженный экономист Российской Федерации, председатель Прокофьев С. Е., доктор экономических Правления Пенсионного фонда Российской наук, профессор, заместитель руководителя Федерации (г. Москва) Федерального казначейства (г. Москва) Колычев В. В., заместитель Министра Шнейдман Л. З., доктор экономических финансов Российской Федерации (г. Москва) наук, профессор, директор Департамента регулирования бухгалтерского учета, Мишустин М. В., доктор экономических наук, финансовой отчетности и аудиторской руководитель Федеральной налоговой службы деятельности Министерства финансов (г. Москва) Российской Федерации (г. Москва) Редакционная коллегия Алексеев М. В., профессор Индианского Дэвис К. М., профессор Оксфордского университета (г. Блумингтон, США) университета (г. Оксфорд, Великобритания) Богачева О. В., кандидат экономических наук, Кабир Л. С., доктор экономических наук, ведущий научный сотрудник Национального профессор, профессор РАН, главный научный исследовательского института мировой сотрудник Центра международных финансов экономики и международных отношений НИФИ Минфина России (г. Москва) им. Е. М. Примакова РАН (г. Москва) Котликофф Л., профессор Бостонского Герри К. Д., профессор Оксфордского университета (г. Бостон, США) университета (г. Оксфорд, Великобритания) Назаров В. С. Гурвич Е. Т., кандидат физико-математических , кандидат экономических наук, наук, руководитель Экономической экспертной директор НИФИ Минфина России, главный группы, член Экономического совета при редактор "Финансового журнала" (г. Москва) Президенте РФ, член Общественного совета Омельяновский В. В., доктор медицинских при Минфине России (г. Москва) наук, профессор, заведующий Лабораторией Гутцайт Е. М., доктор экономических оценки технологий, в здравоохранении наук, ведущий научный сотрудник Центра Института прикладных экономических методологии бухгалтерского учета НИФИ исследований РАНХиГС (г. Москва) Минфина России (г. Москва) Пинская М. Р., доктор экономических Дробышевский С. М., доктор экономических наук, доцент, профессор Департамента наук, доцент, директор по научной работе налоговой политики и таможенно-тарифного Института экономической политики регулирования Финансового университета при им. Е. Т. Гайдара (г. Москва) Правительстве РФ (г. Москва) Трубин В. В., кандидат экономических наук, Швандар К. В., доктор экономических эксперт Управления социальной политики наук, руководитель Центра перспективного Аналитического центра при Правительстве РФ финансового планирования, (г. Москва) макроэкономического анализа и статистики финансов НИФИ Минфина России (г. Москва) Трунин П. В., доктор экономических наук, руководитель научного направления «Макроэкономика и финансы» Института экономической политики им. Е. Т. Гайдара, доктор экономических наук (г. Москва) Издательская этика Редакция, Редакционная коллегия и Издатель «Финансового журнала» руководствуются обще- принятыми международными стандартами этики научных публикаций, разработанными и утвержденными Комитетом по этике научных публикаций (Committee on Publication Ethics — COPE) и прилагают все усилия для полного их соблюдения. ISSN 2075-1990 (Print) Financial ISSN 2658-5332 (Online) Journal №5(51) SCIENTIFIC PERIODICAL SEPTEMBER-OCTOBER The Journal is issued 6 times a year. Published since July 2009. 2019 DOI: 10.31107/2075-1990-2019-5 Vladimir S. Nazarov. Editor in Chief Director, Financial Research Institute, PhD (Economics) Founder and Publisher: Financial Research Institute Address: Nastasyinsky Lane 3, bldg. 2, Moscow 127006, Russian Federation Tel./Fax: +7 (495) 6997414 E-mail: [email protected] Website: www.nifi.ru Editorial Office Address: Nastasyinsky Lane 3, bldg. 2, Moscow 127006, Russian Federation Phone: + 7 (495) 6997683 E-mail: [email protected] Website: www.finjournal-nifi.ru Editorial Advisory Board R. Artyukhin, PhD (Law), Head of the Federal N. Maksimova, PhD (Economics), Deputy of Treasury (Moscow, Russia) the State Duma of the Federal Assembly of the Russian Federation, Deputy Chair of the Budget A. Bokarev, PhD (Economics), Head of the and Taxes Committee of the State Duma, International Financial Relations Department, (Moscow, Russia) Ministry of Finance of the Russian Federation (Moscow, Russia) V. Nazarov, PhD (Economics), Director of the Financial Research Institute, Editor in Chief of E. Danchikov, PhD (Economics), Head of the Financial Journal, (Moscow, Russia) the General Control Department of Moscow T. Nesterenko, PhD (Economics), First Deputy (Moscow, Russia) Finance Minister of the Russian Federation, A. Drozdov, Chair of the Russian Federation (Moscow, Russia) Pension Fund Board, Honoured Economist of the S. Prokofyev, Doctor of Economics, Professor, Russian Federation (Moscow, Russia) Deputy Head of the Federal Treasury (Moscow, Russia) V. Kolychev, Deputy Finance Minister of the Russian Federation (Moscow, Russia) L. Shneidman, Doctor of Economics, Professor, Head of the Accounting, Financial Reporting M. Mishustin, Doctor of Economics, Head of and Auditing Regulation Department, Ministry the Federal Tax Service, Doctor of Economics of Finance of the Russian Federation (Moscow, (Moscow, Russia) Russia) Editorial Board Michael V. Alexeev, Professor of the Indiana Laurence Kotlikoff, Professor of the Boston University (Bloomington, USA) University (Boston, USA) Olga V. Bogacheva, PhD (Economics), Leading Vladimir S. Nazarov, PhD (Economics), Director Researcher of the Primakov National Research of the Financial Research Institute, Editor in Institute of World Economy and International Chief of the Financial Journal, (Moscow, Russia) Relations (Moscow, Russia) Vitaly V. Omelyanovskiy, Doctor of Medicine, Christopher J. Gerry, Professor of the University Professor, Head of Laboratory for Health of Oxford (Oxford, UK) Technology Assessment of the Applied Economic Research Institute, Russian Presidential Evsey T. Gurvich, PhD (Physics and Academy of National Economy and Public Mathematics), Head of Economic Expert Group, Administration (Moscow, Russia) Member of Economic Board at the President of the Russian Federation, Member of the Public Milyausha R. Pinskaya, Doctor of Economics, Board at the Ministry of Finance of the Russian Professor of the Department of Tax Policy and Federation (Moscow, Russia) Customs Tariff Regulation, Financial University under the Government of the Russian Federation Evgeny M. Gutzait, Doctor of Economics, (Moscow, Russia) Leading Researcher of the Accounting Methodology Center, Financial Research Vladimir V. Trubin, PhD (Economics), Expert Institute, Doctor of Economics (Moscow, Russia) of the Department
Recommended publications
  • Instructions of the State Tax Service of the Russian Federation No
    INSTRUCTIONS OF THE STATE TAX SERVICE OF THE RUSSIAN FEDERATION NO. 34 OF JUNE 16, 1995 ON THE TAXATION OF THE PROFITS AND INCOME OF FOREIGN LEGAL ENTITIES (with the Amendments and Additions of April 7, 2000) These Instructions are actually invalid According to Order of the Ministry of Taxation of the Russian Federation No. BG-3-23/150 of March 28, 2003, in connection with putting into effect from January 1, 2002 of Chapter 25 of the Code, Instructions issued on the basis of Law of the Russian Federation No. 2116-1 of December 27, 1991 on the Profit Tax of Enterprises and Organizations, losing its force from said date, shall not extend to the legal relations which has arisen since January 1, 2002 Concerning the application of some provisions of these Instructions see Letter of the State Tax Service of the Russian Federation No. NP-6-06/652 of December 20, 1995 Section 1. General Provisions Section 2. Requirements for the Registration of Foreign Juridical Per- sons by Tax Bodies Section 3. Basic Requirements for the Tax Registration in the Branches of Foreign Legal Entities on the Territory of the Russian Federation Section 4. Procedure for Computation and Payment to the Budget of the Tax on the Profit of Foreign Legal Entities from the Acti- vity in the Russian Federation through Permanent Represen- tative Offices Section 5. Procedure for the Computation of, and Payment to the Budget of, the Tax on the Incomes of Foreign Legal Entities Not Engaged in Their Business Operations in the Russian Federa- tion through Their Permanent Representative Offices Section 6.
    [Show full text]
  • Program Budgeting As a Tool of Introducing a Higher-Level Performance of the Public Sector of the Economy
    BIOSCIENCES BIOTECHNOLOGY RESEARCH ASIA, August 2015. Vol. 12(2), 1329-1338 Program Budgeting as A Tool of Introducing a Higher-level Performance of the Public Sector of The Economy Arsen Azidovich Tatuev1, Elena Vyacheslavovna Lyapuntsova2, Askerbiy Arsenovich Tatuev3, Violetta Valerievna Rokotyanskaya2 and Zalina Nurmuhamedovna Zhankazieva1 1Kabardino -Balkarian State University named after Kh.M. Berbekov 360004, Kabardino-Balkarian Republic, Nalchik, Chernyshevskogo st., 173 2Moscow State University of Food Production125080, Moscow, Volokolamskoye sh., 11 3North-Caucasian Federal University355035 Stavropol region, Stavropol, Lenin’s st., 133b DOI: http://dx.doi.org/10.13005/bbra/1788 (Received: 02 March 2015; accepted: 04 April 2015) In the article the advantages of program budgeting in comparison with the traditional one are dealt with the analysis of state programs of the Russian Federation from the point of view of basic elements of efficiency is carried out, the main problems arising in the course of their development are revealed and measures for their further improvement are suggested. Key words: budget planning, program budgeting, budgetary policy, efficiency, state programs, budget. Consecutive introduction of program DISCUSSION budgeting in the budgetary process assumes the change of the state policy and can become the Introducing program budgeting is an main means of modernization of public uneasy process, that presumes, among other administration sector. Application of the program things, a reform in the system of government format allows making the formation of the budget management. The transition to program budgeting strategic both financially reasonable and also requires a number of essential changes in the considering various options of realization of financial activity of the government: state programs which need further improvement, a) Revising and reforming the financial regarding the formulation of the purposes, use processes; of indicators of an assessment of social and b) Reorganizing management agencies; economic efficiency.
    [Show full text]
  • Download Article
    Advances in Economics, Business and Management Research, volume 107 External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019) Federal Budget Structure Research: Key Problems Elena B. Starodubtseva, Marina B. Medvedeva Gulnara F. Fatkhlislamova Financial University under the Government of the Russia The Russian Presidential Academy of National Economy Moscow, Russia and Public Administration Moscow, Russia Timur A. Agadullin Academy of Labor and Social Relations Moscow, Russia Abstract—The article covers a specific theme of the influence Data resources. The source data for this research were the federal budget structure on gross domestic product (GDP) federal laws on budget execution of the federal budget of dynamics, using correlation analysis for the period since 2008 to Russia for 2008–2010, reports on budget execution of the 2018y. The main hypothesis of the article is that exist the federal budget of Russia for 2011–2018, presented on the influence the federal budget structure revenues on the gross website of the Federal Treasury of the Russian Federation domestic product. The authors applied correlation analysis to (Roskazna), GDP data according to Rosstat. In this article, for establish the interdependence between these variables. The hypothesis test purposes all public revenues are classified as article reveals results of the correlation analysis showed the presented in Table 1. significant correlation between the unit weight of federal budget tax (non-tax) revenues in total federal budget revenues and GDP. In addition, the assessment of the significance of the correlation TABLE I. CLASSIFICATION OF INCOME OF THE FEDERAL BUDGET coefficient showed that there is a close statistical relationship Tax revenues of the federal budget Non-tax revenues of the federal between the studied indicators.
    [Show full text]
  • Research of Strategic Directions of Russian Economy's Innovative
    ISSN 0798 1015 HOME Revista ESPACIOS ÍNDICES / Index A LOS AUTORES / To the AUTORS Vol. 41 (Issue 07) Year 2020. Page 2 Research of strategic directions of Russian economy’s innovative development Investigación de direcciones estratégicas del desarrollo innovador de la economía rusa KUZNETSOV, Nikolai I. 1; UKOLOVA, Nadezhda V. 2; MONAKHOV, Sergey V. 3; SHIKHANOVA, Juliya A. 4 & MILOVANOV, Alexander N. 5 Received: 27/03/2019 • Approved: 20/02/2020 • Published 05/03/2020 Contents 1. Introduction 2. Methods 3. Results 4. Discussion 5. Conclusion Bibliographic references ABSTRACT: RESUMEN: In the article, the authors research innovative development En el artículo, los autores investigan el desarrollo of Russia’s present-day economy. On the basis of the study innovador de la economía actual de Rusia. Sobre la base of the main directions of development of Russia’s economy del estudio de las principales direcciones de desarrollo de conducted by the authors, trends in the development of la economía de Rusia realizado por los autores, se Russia’s economy as a whole and in the context of muestran las tendencias en el desarrollo de la economía de individual sectors are shown. The study examined various Rusia en su conjunto y en el contexto de sectores scenarios for the development of Russia’s economy, individuales. El estudio examinó varios escenarios para el depending on changes in macroeconomic indicators, rates desarrollo de la economía de Rusia, dependiendo de los of development of the world and national economies. The cambios en los indicadores macroeconómicos, las tasas de study concluded that it was necessary to improve the desarrollo del mundo y las economías nacionales.
    [Show full text]
  • Russia's Defense Spending and the Economic Decline
    Journal of Eurasian Studies 7 (2016) 60–70 Contents lists available at ScienceDirect Journal of Eurasian Studies journal homepage: www.elsevier.com/locate/euras Russia’s defense spending and the economic decline Susanne Oxenstierna Swedish Defense Research Agency, Sweden ARTICLE INFO ABSTRACT Article history: The purpose of this article is to explore the development of Russian military spending in Received 28 November 2014 light of weak and negative growth of the Russian economy and to look at the reasons for Accepted 9 June 2015 the economic decline that has developed after the economic crisis in 2009 and is due to Available online 3 November 2015 long-term internal structural factors that have existed since the mid-2000s. The confi- dence crisis resulting from Russia’s aggression against Ukraine 2014, Western sanctions and JEL falling oil prices has further aggravated these tendencies and the economy is now con- H5 tracting. The main conclusions are that the share of the defense budget in GDP has risen P3 P5 substantially, but there is still a trade-off between defense and other public spending in the budget. Political reform would be necessary to implement market institutions and revive Keywords: the economy. Russia Copyright © 2015 Production and hosting by Elsevier Ltd on behalf of Asia-Pacific economic growth Research Center, Hanyang University. military expenditure institutional reform 1. Introduction Russia’s military expenditure became increasingly note- worthy as it rose in the 2000s, and it became even more Russia’s aggression against Ukraine in 2014 and the in- relevant to study its development as Russia started to chal- tensified economic decline that followed have changed the lenge the new security order in Europe that had been formed conditions for Russian military spending.
    [Show full text]
  • Economic and Social Changes: Facts, Trends, Forecast
    THE RUSSIAN ACADEMY OF SCIENCES INSTITUTE OF SOCIO-ECONOMIC DEVELOPMENT OF TERRITORIES OF RAS ECONOMIC AND SOCIAL CHANGES: FACTS, TRENDS, FORECAST 6 (24) 2012 The journal is published according to the decision of RAS economic institutions’ administration in the North-West federal district Institute of Socio-Economic and Energy Problems of the North Komi scientific centre of the Ural RAS department (Komi Republic) Institute of Economics of Karelian scientific centre of RAS (Karelia Republic) G.P. Luzin Institute of Economic Problems of Kola scientific centre of RAS (the Murmansk Oblast) Institute of Socio-Economic Development of Territories of RAS (the Vologda Oblast) and according to the decision of St. Petersburg State University of Engineering and Economics administration and other RF regions Institute of Social and Economic Research of Ufa Science Centre of RAS (Bashkortostan Republic) Institute of Economics, the Research of the Ural RAS department (the Sverdlovsk Oblast) The decision of Presidium of the Higher Attestation Commission of the Russian MES (№6/6, dated 19.02.2010) the journal is included in the list of leading scientific editions, recommended for publication of the main results of dissertations for the degree of Doctor and Candidate of Sciences. Editorial council: RAS academician V.L. Makarov (Moscow, Russia) RAS academician V.V. Ivanter (Moscow, Russia) RAS academician V.V. Okrepilov (St. Petersburg, Russia) RAS academician A.I. Tatarkin (Yekaterinburg, Russia) Belarus NAS academician P.A. Vityaz (Minsk, Belarus) Belarus NAS academician P.G. Nikitenko (Minsk, Belarus) RAS corresponding member V.N. Lazhentsev (Syktyvkar, Russia) Professor J. Sapir (Paris, France) Doctor of Economics, professor S.D.
    [Show full text]
  • Fossil Fuels – at What Cost? Government Support to Upstream Oil and Gas Activities in Russia
    Fossil Fuels – At WhAT COST? GOVERNMENT SUPPORT FOR UPSTREAM OIL AND GAS ACTIVITIES IN RUSSIA Page 1 Fossil Fuels – At What Cost? Government support for upstream oil and gas activities in Russia FEBRUARY 2012 By: Ivetta Gerasimchuk For WWF-Russia and the Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) Moscow – Geneva PUBLISHED IN PARTNERSHIP BY: www.globalsubsidies.org Fossil Fuels – At WhAT COST? GOVERNMENT SUPPORT FOR UPSTREAM OIL AND GAS ACTIVITIES IN RUSSIA Page 2 Fossil Fuels – At What Cost? Government support for upstream oil and gas activities in Russia Written by: Ivetta Gerasimchuk Copy editor: Lisa Muirhead Design: John Vandale February 2012, WWF-Russia & IISD Any full or partial reproduction of this publication must include a reference to WWF-Russia & IISD © 2012 WWF-Russia. All rights reserved Fossil Fuels – At WhAT COST? GOVERNMENT SUPPORT FOR UPSTREAM OIL AND GAS ACTIVITIES IN RUSSIA Page 3 FOREWORD: WWF-RUSSIA The report Fossil Fuels – At What Cost? Government support to upstream oil and gas activities in Russia, co- published by WWF-Russia and the Global Subsidies Initiative of the International Institute for Sustainable Development, is aimed at assisting Russia in meeting its Group of Twenty (G-20) and Asia-Pacific Economic Cooperation (APEC) commitment to “rationalize and phase-out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption.” The first steps in this direction are identification of budget outlays, tax breaks, and other forms of fiscal support for oil and gas extraction and measuring their economic and social efficiency, including integrated costs to the environment and future generations.
    [Show full text]
  • Russia and Kazakhstan Are Emerging from the Crisis with Greater Debt January 22, 2021 Sustainability Than Belarus
    MACROECONOMICS FORECAST WORLD January 22, 2021 Russia and Kazakhstan are emerging from the crisis with Notwithstanding the crisis, greater debt sustainability than Belarus borrowing costs are virtually Risks of contingent liabilities have been deferred unchanged for Russia, Kazakhstan and Belarus...........2 In 2021, Russia and Kazakhstan will remain in the group of countries whose In 2021, Russia and Kazakhstan public debt is low; the public debt of Belarus will be moderate but more will remain in the group of vulnerable in terms of its currency profile. According to ACRA’s estimates, by the countries whose public debt is low; the public debt of Belarus end of 2020, the direct public debt of the general government in Russia will not exceed will be moderate.…………….....3 18% of GDP, and in Kazakhstan, it will amount to 26.6% of GDP. These figures are not The net debt of Russia and significant in comparison with the sovereign debt of both emerging and developing Kazakhstan is minimal.………...5 economies and advanced economies. In ACRA’s opinion, at the end of 2020, the public debt of Belarus will be about 44% of GDP, which is higher than sovereign debts of The cost of servicing public debt remains low………….…….6 Russia and Kazakhstan, but lower than the average debt of emerging and developing economies. Factors that contributed to the debt sustainability of Russia and Belarus has the most vulnerable structure of public Kazakhstan in 2020 were low pre-crisis levels of public debt and its favorable profile debt among the largest CIS and low service costs.
    [Show full text]
  • Fossil Fuels – at What Cost? Government Support to Upstream Oil and Gas Activities in Russia
    Fossil Fuels – At WhAT COST? GOVERNMENT SUPPORT FOR UPSTREAM OIL AND GAS ACTIVITIES IN RUSSIA Page 1 Fossil Fuels – At What Cost? Government support for upstream oil and gas activities in Russia FEBRUARY 2012 By: Ivetta Gerasimchuk For WWF-Russia and the Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) Moscow – Geneva PUBLISHED IN PARTNERSHIP BY: www.globalsubsidies.org Fossil Fuels – At WhAT COST? GOVERNMENT SUPPORT FOR UPSTREAM OIL AND GAS ACTIVITIES IN RUSSIA Page 2 Fossil Fuels – At What Cost? Government support for upstream oil and gas activities in Russia Written by: Ivetta Gerasimchuk Copy editor: Lisa Muirhead Design: John Vandale February 2012, WWF-Russia & IISD Any full or partial reproduction of this publication must include a reference to WWF-Russia & IISD © 2012 WWF-Russia. All rights reserved Fossil Fuels – At WhAT COST? GOVERNMENT SUPPORT FOR UPSTREAM OIL AND GAS ACTIVITIES IN RUSSIA Page 3 FOREWORD: WWF-RUSSIA The report Fossil Fuels – At What Cost? Government support to upstream oil and gas activities in Russia, co- published by WWF-Russia and the Global Subsidies Initiative of the International Institute for Sustainable Development, is aimed at assisting Russia in meeting its Group of Twenty (G-20) and Asia-Pacific Economic Cooperation (APEC) commitment to “rationalize and phase-out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption.” The first steps in this direction are identification of budget outlays, tax breaks, and other forms of fiscal support for oil and gas extraction and measuring their economic and social efficiency, including integrated costs to the environment and future generations.
    [Show full text]
  • Two Years of Economic Reform in Russia
    CASE - Center for Social and Economic Research Two Years of Economic Reforms in Russia. Main Results by Marek D¥BROWSKI CASE — Center for Social and Economic Research Warsaw, December, 1993 Materials published in this series have a character of working papers which can be a subject of further publications in the future. The views and opinions expressed here reflect Authors' point of view and not necessary those of CASE. Paper was prepared under the Project of Supporting Economic Reforms in Post-Soviet States, carried out by CASE - Center for Social and Economic Research and sponsored by George Soros. © CASE — Center for Social and Economic Research Editor: CASE - Center for Social & Economic Research www.case.com.pl Two Years of Economic Reforms in Russia... 1. Introduction1 Two years ago, at the beginning of November 1991, President Boris Yeltsin appointed the new government of the Russian Federation, working under his own direct leadership. A team of young economists, under deputy Prime Minister Egor Gaidar, began a process of economic transformation toward a market economy. Since that time, events in Russia have been at the center of attention of both politicians and economists. At the same time, there have been many misunderstandings and simplified stereotypes surrounding that process. The one most often repeated is that the introduction of the so-called shock therapy in Russia, similar to the Balcerowicz plan in Poland, has failed under Russian conditions. This misunderstanding results from, it would appear, accepting program intentions of some Russian politicians, as well as press commentaries describing, often in a simplified and prejudiced manner, the intentions of the new team as reality.
    [Show full text]
  • WT/ACC/RUS/33/Rev.1 18 May 2000 ORGANIZATION (00-2047)
    WORLD TRADE RESTRICTED WT/ACC/RUS/33/Rev.1 18 May 2000 ORGANIZATION (00-2047) Working Party on the Accession Original: English of the Russian Federation ACCESSION OF THE RUSSIAN FEDERATION Information Regarding the Development of Foreign Trade Legislation of the Russian Federation Revision The Permanent Mission of the Russian Federation has submitted the following information regarding the development of foreign trade legislation in the Russian Federation since the informal meeting of the Working Party held on 27 October 1999, with the request that it be circulated to members of the Working Party. __________ Development of Foreign Trade Legislation in the Russian Federation In accordance with the WTO practice with respect to acceding countries, the Russian delegation informs the Working Party on a regular basis of the development of the Russian Federation economy and of any changes in foreign trade regulations. See documents Nos. L/7410, WT/ACC/RUS/2, WT/ACC/RUS/9, WT/ACC/RUS/16, WT/ACC/RUS/27, WT/ACC/RUS/31, WT/ACC/RUS/33, etc. Below is a brief review of the key foreign trade laws and regulations adopted in the Russian Federation between 15 October 1999 and 1 May 2000. At the same time, given that a considerable period of time has passed since the last Working Party (16 – 17 December 1998) during which time the Russian delegation has submitted a massive number of documents concerning legislative developments in various sectors of trade in goods and services, a brief overview of the main legislative and normative legal acts included in WT/ACC/RUS/33, WT/ACC/RUS/34/Rev.1, WT/ACC/RUS/37 documents is also given below.
    [Show full text]
  • A Critical Review of Russia's Energy Strategy in the Period Until 2035
    International Journal of Energy Economics and Policy ISSN: 2146-4553 available at http: www.econjournals.com International Journal of Energy Economics and Policy, 2019, 9(6), 95-102. A Critical Review of Russia’s Energy Strategy in the Period until 2035 Alexander N. Alekseev1, Aleksei V. Bogoviz2*, Ludmila P. Goncharenko3, Sergey A. Sybachin3 1Department of Organizational and Management Innovations, Plekhanov Russian University of Economics, Moscow, Russia, 2Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All Russian Research Institute of Agricultural Economics, Moscow, Russia, 3Research Institute “Innovative Economy,” Plekhanov Russian University of Economics, Moscow, Russia. *Email: [email protected] Received: 20 June 2019 Accepted: 08 September 2019 DOI: https://doi.org/10.32479/ijeep.8263 ABSTRACT Noting the enormous importance of the Russian and energy complex for international and domestic energy policies, the paper critically reviews the Energy Strategy of Russia until 2035, focusing on the state, challenges, and development trends of the global and Russian energy. We devote a lot of attention to the internal problems and export opportunities, the key aspects of the Russian energy policy in long-term perspectives, as well as review the development scenarios and stages of implementation. While conducting a critical review, we focus on how well the Strategy captures the current situation in international energy markets and trends in the development of the Russian energy and fuel complex. We also look into how comprehensively the Strategy addresses the identified challenges and possible prospects, as well as discuss which provisions could strengthen the Strategy. Our analysis clearly demonstrates that the Strategy adequately addresses both international and domestic processes leading to the current state of the Russian fuel and energy complex.
    [Show full text]