DOI: 10.33917/es-5.197.2024.96-105

The authors have examined historical, social and economic foundations of the previously presented model of a cooperative economy, presented arguments in favour of a cooperative economy as civilizationally organic economic model for Russia.

References:

1. Pereslegin S.B. Tsivilizatsii v lyudyakh i kodakh [Civilizations in People and Codes]. Izborskiy klub, 2021, 17 fevralya, available at: https://izborsk-club.ru/20672

2. Toshchenko Zh.T. Prekariat. Ot protoklassa k novomu klassu [Precariat: From Protoclass to New Class]. Institut sotsiologii FNISTs RAN, RGGU, Moscow, Nauka, 2018, 346 p.

3. Stending G. Prekariat: novyy opasnyy klass [The Precariat: A New Dangerous Class]. Moscow, Ad Marginem Press, 2011.

4. Galushka A.S., Niyazmetov A.K., Okulov M.O. Kristall rosta. K russkomu ekonomicheskomu chudu [Crystal of Growth. Towards the Russian Economic Miracle]. Moscow, 2021.

5. Spitsyn E.Yu. Khrushchevskaya slyakot’. Sovetskaya derzhava v 1953–1964 gody [Khrushchev’s Slush. The Soviet State in 1953-1964]. Kontseptual, 2019.

6. Rezolyutsiya XX s”ezda KPSS. 24 fevralya 1956 g. Po otchetnomu dokladu TsK KPSS [Resolution of the 20th Congress of the CPSU. February 24, 1956. According to the Report of the Central Committee of the CPSU]. Elektronnaya biblioteka istoricheskikh dokumentov, available at: https://docs.historyrussia.org/ru/nodes/355234- rezolyutsiya-xx-sezda-kpss-24-fevralya-1956-g-po-otchetnomu-dokladu-tsentralnogo-komiteta-kpss-izvlechenie

7. Konstitutsiya Rossiyskoy Federatsii [Constitution of the Russian Federation]. Ofitsial’nyy internet-portal pravovoy informatsii. St. 7, p. 1, available at: http://pravo.gov.ru/proxy/ips/?docbody=&nd=102027595

8. Grazhdanskiy kodeks Rossiyskoy Federatsii [Civil Code of the Russian Federation]. Konsul’tant. St. 1, available at: https://www.consultant.ru/ document/cons_doc_LAW_5142/

9. Marks K. Kapital [Capital]. Internet archive, vol. 3, part 1, available at: https://archive.org/details/1951-iiiKarl_Marx_1951_Kapital_Tom_3

10. Galimova L.N. Osobennosti mentaliteta kuptsa-staroobryadtsa [Peculiarities of the Mentality of the Old Believer Merchant]. Izvestiya vysshikh uchebnykh zavedeniy. Povolzhskiy region. Gumanitarnye nauki, 2011, no 3(19), pp. 26–33.

11. Uest Dzh.L. Staroobryadtsy i predprinimatel’skaya kul’tura v tsarskoy Rossii: Istoricheskie khroniki [Old Believers and Entrepreneurial Culture in Tsarist Russia: Historical Chronicles]. Cyberleninka, available at: https://cyberleninka.ru/article/n/staroobryadtsy-i-predprinimatelskaya-kultura-vtsarskoy-rossii

DOI: 10.33917/es-6.192.2023.120-133

The authors examine the reasons, prerequisites and ways of addressing such problem as the creation in Russia of a cooperative (moral/ethical) economy sector based on the principles of justice, equal opportunities and conservative ethical standards.

References:

1. Toshchenko Zh.T. Prekariat. Ot protoklassa k novomu klassu [Precariat. From Protoclass to New Class]. Institut sotsiologii FNISTs RAN, RGGU. Moscow, Nauka, 2018, 346 p.

2. Tezaurus sotsiologii: temat. slov.-sprav. [Thesaurus of Sociology: Thematic Dictionary-Reference Book]. Pod red. Zh.T. Toshchenko. Moscow, YuNITI, 2009, 487 p. (Seriya “Cogito ergo sum”.)

3. Ushli v minus: skol’ko rossiiskii biznes poteryal v krizis. Po dannym upolnomochennogo po zashchite prav predprinimatelei Borisa Titova [They Went into the Red: How Much Russian Business Lost During the Crisis. According to the Commissioner for the Protection of the Rights of Entrepreneurs Boris Titov]. SBER Biznes, available at: https://www.sberbank.ru/ru/s_m_business/pro_business/poteri-rossijskogo-biznesa-ot-koronavirusa/

4. Doklad Prezidentu RF — 2021 upolnomochennogo pri Prezidente RF po zashchite prav predprinimatelei Borisa Titova [Report to the President of the Russian Federation — 2021 by the Commissioner under the President of the Russian Federation for the Protection of the Rights of Entrepreneurs Boris Titov], available at:

http://doklad.ombudsmanbiz.ru/doklad_2021.html

5. Katasonov V.Yu. O pravoslavnykh bankovskikh utopiyakh [About Orthodox Banking Utopias]. Omiliya, 2015, 4 yanvarya, available at: https://omiliya.org/article/o-pravoslavnykh-bankovskikh-utopiyakh-valentin-katasonov?ysclid=llc2vf7phn421883288

6. Zhuravlev A.Yu. Islamskii banking [Islamic Banking]. Institut vostokovedeniya RAN. Moscow, Sadra, 2017. (Ekonomika i pravo.)

7. Analiz razmera i doli islamskogo finansovogo rynka: Tendentsii rosta, vozdeistvie COVID-19 i prognozy (2023–2028) [Islamic Financial Market Size and Share Analysis: Growth Trends, COVID-19 Impact and Forecasts (2023–2028)]. Mordor Intelligence, available at: https://www.mordorintelligence.com/

ru/industry-reports/global-islamic-finance-market

8. Mezhdunarodnyi kooperativnyi al’yans [Website], available at: https://www.ica.coop/en/cooperatives/cooperative-identity

9. Katasonov V.Yu. Ekonomicheskaya teoriya slavyanofilov i sovremennaya Rossiya. “Bumazhnyi rubl’” S. Sharapova [Economic Theory of the Slavophiles and Modern Russia. “Paper Ruble” by S. Sharapov]. Moscow, Institut russkoi tsivilizatsii, 2014, 656 p.

DOI: 10.33917/es-3.189.2023.62-69

The author analyzes methods of cryptocurrency evaluation existing in foreign practice. Applicability of the comparative, income and cost approaches used in valuation activities, as well as possible methods within each of the approaches, is explored. It is determined that within the income approach, the discounted cash flow model and the exchange equation are applicable. The comparative approach involves the classic comparison of sales, while the cost approach contains two methods based on actual (energy cost method) and forecast (stock-flow ratio method) data.

References:

1. Kriptovalyuty: trendy, riski, mery: Doklad dlya obshchestvennykh konsul’tatsii [Cryptocurrencies: Trends, Risks, Measures: Public Consultation Report].

Moscow, Bank Rossii, 2022, available at: https://cbr.ru/Content/Document/File/132241/Consultation_Paper_20012022.pdf.

2. Nakamoto S. Bitcoin: A Peer-to-Peer Electronic Cash System. Combining and Splitting Value, 2008, no 9.

3. Grazhdanskii kodeks Rossiiskoi Federatsii [Civil Code of the Russian Federation]. Garant, available at: https://base.garant.ru/10164072/

4. Medium [Informational portal], available at: https://medium.com.

5. Kyriazis N., Papadamou S., Corbet Sh. A systematic review of the bubble dynamics of cryptocurrency prices. Research in International Business and Finance, 2020.

6. Cong Lin William, Ye Li, Neng Wang. Tokenomics: Dynamic adoption and valuation. The Review of Financial Studies, 2021.

7. Zhang Junhuan, Xu Yunqing. Cryptocurrency price bubble detection using log-periodic power law model and wavelet analysis. SSRN Papers, 2021.