ROSTOV STATE UNIVERSITY OF ECONOMICS RELEVANT ISSUES OF DEVELOPMENT OF WORLD ECONOMY AND ECONOMY OF COUNTRIES OF THE SOUTHERN AND EASTERN EUROPE PROCEEDINGS OF THE 1st INTERNATIONAL CONFERENCE FOR UNDERGRADUATE, GRADUATE AND POSTGRADUATE STUDENTS OF STUDENTS’ ASSOCIATION OF SOUTH AND EASTERN EUROPE AND THE BLACK SEA REGION ECONOMIC UNIVERSITIES (ASECU YOUTH) Organized by Rostov State University of Economics in cooperation with ASECU Rostov-on-Don, Russia September 12-18, 2011 Rostov-on-Don 2011 UDC 378 + 811 Relevant issues of development of world economy and economy of countries of the Southern and Eastern Europe : Proceedings of the 1st International Conference for undergraduate, graduate and postgraduate students of Students’ Association of South and Eastern Europe and the Black Sea Region Economic Universities (ASECU Youth). Rostov-on-Don, Russia, 12-18 september 2011 / Rostov State University of Economics. – Rostov-on-Don, 2011. – 305 pp. ISBN 978-5-7972-1740-4 Conference program committee: Yannis Tsekouras, Nikolay Kuznetsov, Adam Albekov, Oleg Bodyagin, Inga Mezinova Conference Proceedings include papers that reflect results of scientific research of graduate and post-graduate students of the South-Eastern Europe universities. Presented papers covered issues of modern economic science, relevant issues of development of world economy and economy of countries of Southern and Eastern Europe, including different industrial aspects. Special attention was paid to post-crisis dynamics of region’s development. Conference Proceedings are oriented on bachelor-, master-, and specialist- students as well as doctoral students and young scientists who are interested in current issues of modern development of South and East European economic system. UDC 378 + 811 For more information, please contact: ASECU Secretariat University of Macedonia 156 Egnatia, PO 54006 Thessaloniki, Greece E-mail: [email protected] • Web: http://www.asecu.gr 1st ASECU Youth Summer Economic School Organizing Committee in Rostov-on-Don Rostov State University of Economics ul. B. Sadovaya, 69, of. 528, 344002, Rostov-on-Don, Russia Phone: +7 (863) 237-0253 • Fax: +7 (863) 237-0253 E-mail: [email protected] • Web: http://www.rsue.ru ISBN 978-5-7972-1740-4 © Rostov State University of Economics, 2011 2 РОСТОВСКИЙ ГОСУДАРСТВЕННЫЙ ЭКОНОМИЧЕСКИЙ УНИВЕРСИТЕТ (РИНХ) АКТУАЛЬНЫЕ ВОПРОСЫ РАЗВИТИЯ МИРОВОЙ ЭКОНОМИКИ И ЭКОНОМИКИ СТРАН ЮЖНОЙ И ВОСТОЧНОЙ ЕВРОПЫ МАТЕРИАЛЫ 1-й МЕЖДУНАРОДНОЙ НАУЧНОЙ КОНФЕРЕНЦИИ ДЛЯ СТУДЕНТОВ И АСПИРАНТОВ СТУДЕНЧЕСКОЙ АССОЦИАЦИИ ЭКОНОМИЧЕСКИХ УНИВЕРСИТЕТОВ ЮЖНОЙ И ВОСТОЧНОЙ ЕВРОПЫ И РЕГИОНА ЧЕРНОГО МОРЯ (ASECU YOUTH) Организована Ростовским государственным экономическим университетом (РИНХ) и Ассоциацией экономических университетов Южной и Восточной Европы и региона Черного моря (ASECU) г. Ростов-на-Дону, Россия 12-18 сентября 2011 г. Ростов-на-Дону 2011 3 УДК 378 + 811 А 43 А 43 Актуальные вопросы развития мировой экономики и экономики стран Южной и Восточной Европы : материалы 1-й Международной научной конференции для студентов и аспирантов Студенческой ассоциации экономических университетов Южной и Восточной Европы и региона Черного моря (ASECU Youth). Ростов-на-Дону, Россия, 12-18 сентября 2011 г. / Рост. гос. эконом. ун-т (РИНХ). – Ростов н/Д, 2011. – 305 c. ISBN 978-5-7972-1740-4 Редакционная коллегия: Янис Цекурас, Николай Кузнецов, Адам Альбеков, Олег Бодягин, Инга Мезинова Сборник материалов конференции включает статьи, в которых были обобщены результаты научных исследований студентов и аспирантов вузов Юго- Восточной Европы по проблемам развития современной экономической науки, текущим вопросам развития мировой экономики в целом и экономик отдельных стран региона, в том числе в отраслевом разрезе. Особое внимание было уделено посткризисной динамике развития государств Юго-Восточной Европы. Сборник рассчитан на студентов-бакалавров, специалистов и магистров, а также на аспирантов и молодых ученых, интересующихся вопросами современного развития экономической системы региона. УДК 378 + 811 За более подробной информацией по конференции обращайтесь: Секретариат ASECU Университет Македонии ул. Эгнатиа, 156, 54006, г. Салоники, Греция электронная почта: [email protected] • Web: http://www.asecu.gr Организационный комитет по проведению 1-й Международной летней экономической школы ASECU Youth в г. Ростове-на-Дону Ростовский государственный экономический университет (РИНХ) 344002, г. Ростов-на-Дону, Россия, ул. Б. Садовая, 69, к. 528 Тел.: +7 (863) 237-0253 • Факс: +7 (863) 237-0253 электронная почта: [email protected] • Web: http://www.rsue.ru ISBN 978-5-7972-1740-4 © Ростовский государственный экономический университет (РИНХ), 2011 4 TABLE OF CONTENTS PROGRAM ACKNOWLEDGEMENTS........................................................................... 9 FOREWORD…………………………………………………………..………………… 10 WELCOME ADDRESS…………..……………………………………..………………. 14 PAPERS………………………………………………..…………………...……………. 16 PLENARY SESSION…………………….……………..……………………………….. 16 Ekaterina Vernezi ……………………...…………………………………..……………. 17 Transnational Direction of Russian Business Development Irina Komolova ………………………………………………………………………….. 17 The optimistic strategy in the crisis time SECTION 1…………………............................................................................................ 25 Tatiana Elizarova …………………………………….……………………………..….. 26 BRICS in world economy: opportunities and problems of cooperation Silvia Miklovičová ………………………………………………………………………. 29 Slovak - Russian bilateral trade relations Lenka Drgová ……………………………………………………………………………. 33 Slovak - Russian dairy trade and non-tariff measures Ksenia Filimonova ……………………………………………………………………… 38 Russian economy competitiveness in the global economy Alyona Grinchenko …………………………………….……………………………… 42 Innovation in Russia’s economy Juliet Markaryan ……………………………………………………………………..… 44 Investment and innovation market as the stimulus for innovative development of Russian economy Alina Lyul’lkina ………….……………………………………………………………… 50 The problem of strengthening of the competitive positions of the Russian Federation in the world market of technologies Tatyana Guboglo ……………………………………………………………………….. 54 National innovative system as a basis of Russian economic modernization Inna Zubova …………………………...………………………………………………… 58 Intellectual assets in formation of innovative economy of Russia Filip Petrović …………………………………………………………………………… 62 Economy of Montenegro Ivan Čanović ……………………………………….……………………........………… 65 Montenegro in the process of transition Maša Tomković ………………………………...……………………………………..… 67 Macroeconomic performance of Montenegrin economy in period 2001 – 2010 Maria Avanesova ………………………….……………....................…………………. 72 Comparative analysis of economic development in South Caucasus Ekaterina Krestianinova ………………………………………………………………… 78 Some problems of economic cooperation of the countries-members of the Commonwealth of Independent States (CIS) 5 Lampros Gallos, Varvara Gaspari ………………………………………….………….. 80 Argentina’s economic collapse: Can Athens learn from Buenos Aires? Ioanna Athanasatou, Georgios Lampousis …..………………………………….…….. 86 The economic crisis in Greece Nazary Hristuk …………… 90 Ukrainian real estate market trends 2011-2012 in the context of Euro-2012 Natalia Ciubuc ……………………………………………………………………..…… 95 Manpower – Global Country Risk (current evolution) Anna Yakimchu k……………………………………………………………...………… 97 Global energy security: challenges for Russia Eirini Petratou ………………………………………………………………..………… 102 Policies to reduce polluting emissions and their economic importance for growth and development Anna Kupenko ……………………………………………………………...…………… 107 World oil market development prospects for the non-OPEC countries Daria Krasavina ………………………………………………………………….……… 111 Russian Federation and World Trade Organization: to enter or not to enter Julia Kalmykova ………………………………………………………………………… 114 The Russian Federation as the center of the international labor migration: structural and legal aspects Alexandra Chubenko …………………………………………………………….……… 119 Prospects of international migration in the world: political and ecological issues Ewelina Ja nuszczak ……………………………………………………...……………… 123 Importance of enterprise development on the border areas (a case study of the Podkarpackie province) Dawid Krent ………………………………………………………………………...…… 128 Development of SME sector in Poland Lusine Dadalyan ………………………………………………………………………… 131 The consequences of financial and economic crisis on the variation of the world wage rate SECTION 2…………………….………………………………………………………... 136 Maria Muradova ……………….……………………………………………………….. 137 New view at world monetary system Ekater ina Gordeeva …………………………………………………………………….. 140 Post-crisis dynamics of the world foreign direct investments flows Viktoriya Poluyan ……………………………………………………………………… 145 Relevant issues of using the international financial reporting standards (IFRS): international experience Alina Frolova …………………………………………………………………………… 149 The influence of international financial reporting standards on the Southern and Eastern European countries' investment attraction Nikita Arkhipenko ............................................................................................................. 152 Actual problems of application of the international financial reporting standards in the Southern and Eastern European countries Elena Magdesyan ………………………………………………………………………. 156 Relevant problems of reorientation of Russian standards to the international financial reporting standards 6 Stefan Prolovi ć ………………………………………………….……………………… 159 The standardization: necessity and implementation Mihaela