Countering market manipulation in the system of ensuring the economic security of the stock market

DOI: 10.33917/mic-4.99.2021.94-103

Representatives of various objects of the country’s economy participate in the system of ensuring the economic security of the stock market. First of all, these are the control bodies of the exchanges – the organizers of trades, where dubious transactions are revealed. Specialists of the Department of Counteraction to Unfair Practices of the Central Bank of the Russian Federation carry out checks on the revealed violations and make a decision on bringing the culprit to administrative responsibility or transferring the materials of the check to law enforcement agencies according to their jurisdiction. Among unfair practices, the most common speculative phenomenon is market manipulation, the public danger of which is to cause significant harm to the interests of citizens and legal entities, society and the economy as a whole, undermining the confidence of investors and trading participants in organized financial and commodity markets, worsening conditions for investment and trade in them, hindering their effective development and strengthening international competitiveness.

Facility approach in the complex of the methodological bases in the sphere of economic security

Based on the analysis of economic theory and practice, it is concluded that the need for the study of specific objects in the totality of their properties, including to ensure effective economic security, is increasing. In order to deepen the methodological base of such concretization, an object approach is proposed, its potential for the theory and practice of economic systems management and the protection of their economic security is analyzed.

Geopolitics, Geostrategy and Geoeconomics: Reflections on the Changing Force Factors in the International System

DOI: 10.33917/es-3.169.2020.30-41

Beginning the article with reminding some basic definitions of geopolitics, correlation of spatial and temporal components herein as well as the systemic nature of geopolitics as a science and the basis for a long-term political strategy, the author proceeds to the topic of relationship between geopolitics and geoeconomics, particularly significant in recent decades. He puts forward the idea that geoeconomics today is an increasingly dynamic and actively driving element in this dyad due to growing technological innovations, increasing competition and subsequent rising complexity of economic strategies of states. Based on well-known examples of economic and political outcomes of applying the state capitalism models or liberal economy, in particular, in the countries that have undergone a radical breakdown of their former economic systems (Russia is also briefly mentioned in this context), the author concludes that it is necessary to form a strategic state, able to develop a sustainable mechanism (including economic intelligence) for development and implementation of national geoeconomics. To support the provisions put forward in the article, the author, as an independent expert, gives a broad outline of geopolitical and geoeconomic shifts in the world in the coming decades.

To the question of a new economic security paradigm in the conditions of globalization

This article shows the main aspects that characterize global tendencies in economic security. The relationship of national economic security and international trade is shown. The issue of applying trade protection measures in order to ensure national economic security is touched. The influence of global and regional integration processes, as well as scientific and technological progress on ensuring national security is presented. The role of the trade status of each state didn’t go unnoticed. The new paradigm must take into account such a factor as the development of the global computer network “Internet”. An important element of a systemic nature in the new paradigm of economic security is the problem of limited resources and environmental pollution. An essential scientific result of the article is the identification and analysis of the impact of globalization processes on economic security.

Economic and Mathematical Modeling of Russia’s Economic Security in the Period Under Sanctions

DOI: 10.33917/es-2.168.2020.32-39

For the study, the time period of introducing economic sanctions against the Russian Federation was selected. In consideration are taken the data of Rosstat in terms of finding the values of indicators of our state’s economic security (2013–2017). A correlation and regression analysis of this system, consisting of 15 indicators, was carried out. An economic-mathematical model of the sanctions impact on the economic security of Russia was compiled. To solve this problem, the authors used a correlation-regression analysis, the regression equation was found and statistical significance of the constructed model was substantiated. The findings were recommended to specialists in the sphere of improving the state’s economic security

Strategy of Knowledge Systemogenesis in Managing Economic Security of the Socio-Economic System

DOI: 10.33917/es-1.167.2020.136-143

The article presents a new vision for solving the problem of managing economic security of the socio-economic system in the context of a developing knowledge economy through the strategy of systemogenesis for labor activity knowledge. The strategy of knowledge systemogenesis allows to see the labor activity of the socio-economic system holistically, taking into account possible alternatives and evaluating these alternatives in the context of formalized systems and subsystems of subjects’ labor actions. The strategy is focused on maximizing utility of the consumed knowledge of labor actions in the face of an ever-increasing amount of knowledge and differentiating its quality in the sense of utility. This allows to manage the economic security of socio-economic system by optimizing the total and marginal utility of the knowledge consumed in your own systems and in competing with respect to the subject of management ones, as well as to protect own interests in a developing knowledge economy from the control effects of competing management entities

 

Methodological Approaches to Effective Implementation of Strategic Import Substitution Programs

#7. Foresight Boom
Methodological Approaches to Effective Implementation of Strategic Import Substitution Programs

The relevance of the study is based on the need to minimize the damage caused by the sanctions imposed on the country’s economy and to provide the economic growth of economic entities in this context. The purpose of the article is to develop a set of theoretical and methodological approaches to efficient implementation of import substitution programs in the radio electronic industry in the long run. Leading methods in studying this problem were the methods of factors analysis, organizational modeling, system analysis, innovation theory and enterprise economics, which allowed to reveal key contradictions of state policy in the sphere of import substitution in the radio electronic industry. As a result of the study, the original system of criteria was developed, as well as the fundamental management model taking into account the domestic economy’s ability to implement systematic management of competitive import substitution. Materials of the article can be useful for developing new and improving existing methods of regulating relations that arise between entities carrying out activities in the sphere of import substitution, as well as between organizations that are part of the infrastructure supporting the above activity, and public authorities when forming and implementing the corresponding industrial policy.

They Beat Us — We are Flying

#3. Attraction of Diversity
They Beat Us — We are Flying

As evidenced by the economic theory, as well as by practical experience in our country and abroad, the key condition for overcoming the stagflation decline of the Russian economy is rapid and significant increase in investments by 30-50%. According to the RAS Institute of Economic Forecasting, the level of 5% annual increase in GDP can be achieved with an increase in the accumulation rate up to the target value set by the President of the Russian Federation at 27% of GDP by 2018. To catch up with the growth rate of the Chinese economy and to ensure the average growth rates, declared by the head of state, above the world average, the accumulation rate should be increased up to 35%. To this end, the annual growth of investments in fixed assets should be not less than 20%. The existing production facilities, occupied by half in engineering and construction, allow this. At the same time, economic growth will be achieved through increasing efficiency of the primary resources use as a result of introducing new technologies, increasing the level of primary commodities processing, advanced growth of mechanical engineering and due to production of a new technological order. The latter, provided its dynamic upgrading on an advanced technological basis, includes aircraft construction, as well as a complex of industries and technologies working for the aircraft industry. Thus, development and introducing into production of aircraft necessary for the domestic market and the markets of third countries, provide a significant synergistic effect both for the aviation industry itself and for a wide range of subcontractors. Focusing the state attention on the advanced development of the aircraft industry as a locomotive for the growth of a new technological structure retransmits the development impulse to the whole economy, will allow to achieve target goals both of increasing investment in promising areas, and in loading productive capacities, as well as providing employment through creation of new High-tech jobs. If it were not for the sabotage of the middle-level management in the aviation industry, the latter would have long ago become a point of growth. But, as A thoughtful analysis shows, such state of affairs simply does not suit many people.

Effective Risk Management Strategy as a Basis for Economic Security of a Bank

#3. Attraction of Diversity
Effective Risk Management Strategy as a Basis for Economic Security of a Bank

This article discusses development of a strategy for banking risks management, aimed at ensuring the economic security of a bank in the current economic conditions. Banks influence functioning of large enterprises, whose successful operation provides the country’s economic security.

Assessment of the Global Risks Impact as a Tool for Devising the Economic Strategy of Russia: Indicative Approach

#8. Hunting for Scientists
Assessment of the Global Risks Impact as a Tool for Devising the Economic Strategy of Russia: Indicative Approach

In Russia it is usual during strategic planning process not to study enough and not to take into account the impact of global processes and risks on the Russian economy and the level of its economic security. The article provides a solution of this problem based on an integrated approach to studying the global risks impact. The authors have improved the technique of the World Economic Forum (WEF) for global risks quantitative assessment and have proposed the methodology of assessing the global risks impact on the Russian economy. On the basis of data from the “WEF report on global risks — 2014” the authors demonstrate the method’s application for obtaining estimates characterizing the degree of the global risks impact on the Russian economy and the level of its economic security. In conclusion, materials on the indicative assessment of the global risks impact on the Russian economy according to the 2015 data are presented.