The Institute of Fiducia as the Healing Tool in Corporate Governance

#8. Ideas Change the World
The Institute of Fiducia as the Healing Tool in Corporate Governance

In the presented clause analyzes fiduciary principles which allow to soften the conflict of interests between organs of government and shareholders of the company. The author considers the institute of fiducia as one of methods of the decision of an agency problem or a problem «principal-agent». Imposing of fiduciary duties on a management (management, board of directors) allows to estimate the contribution of body of government to result of activity of the company to identify wrongful acts of management (reception of personal rents, fulfillment of obviously unprofitable transactions).

Forming Organizational and Information Management Mechanisms Building a Digital Economy in Russia

#3. For Nothing, or an Invisible Threat
Forming Organizational and Information Management Mechanisms Building a Digital Economy in Russia

Successful development of our country is closely connected with the option of creating a digital economy in Russia. Herewith, one of the most important components of this process is creation of supporting infrastructure for the digital economy as a convergent aggregate of digital ecosystems based on “big data” technologies, quantum computers, new production methods and artificial intelligence. Development of the Russian economy requires effective state regulation, increased manageability based on introduction of digital platforms for the main sectors of economy. The article dwells on formation of strategic mechanisms for monitoring, planning and market regulation of the Russian economy on the basis of building an integrated system of electronic markets for commodity resources using electronic trading platforms (ETP). Integrating ETP for creation of a complex system of electronic markets for commodity resources, associated with digital management platforms for major industries, creates new opportunities for optimizing dynamic interaction and adaptive improvement of commodity management transactions chains for creating a common logic of management processes in different commodity and market spaces and at all levels of management in Russia (and EAEU), which form the demand for issuing support of economic activity and volumes of financial resources (assets), denominated in a particular currency of one of the states — members of the EAEU.

Investment Cost Management Land Plots with Housing Construction Based on State-Private Partnership

#3. For Nothing, or an Invisible Threat
Investment Cost Management Land Plots with Housing Construction Based on State-Private Partnership

The article examines the subject of research, focused on the study of economic and organizational relations and processes associated with the management of the investment value of land for residential development of the territory at the stage of land development based on the application of public-private partnership models. The relevance of this problem is related to the importance of solving the goal of increasing the commissioning of housing according to the message of the President of the Russian Federation to the Federal Assembly of 2018, which provides strategic plans for the transition from an average annual input of 80 to 120 million square meters. This is possible only through the use of economic tools for forecasting and managing the investment value of land. The purpose of the study is to develop conceptual theoretical and methodological and practical models for assessing and managing the investment value of land plots at the stage of land development in relation to housing construction with the priority of integrated development of territories on the basis of optimization of public-private partnership. As the applied research methods, a set of systemically interconnected methodological approaches based on the application of the theory of appraisal activity, economic and mathematical modeling, technical and economic, logical analysis, as well as the theory of risks, expert assessments, situational analysis and forecasting were used. The article shows both the author’s methodology and the results obtained that allow to simulate the management processes of the investment value of projects of the complex residential development of the territory to transfer it from negative to positive. Such management decisions are recommended to be carried out on the basis of the multivariate parameters of public-private partnership in relation to the performance of technical conditions, the volume of participation in social facilities, the transport and engineering infrastructure of construction. Ultimately, the article demonstrates the value of the completed studies both from the standpoint of the development of theory and methodology in the field of valuation theory applied to the category of “investment value”, and for the scientific and practical development of public-private partnership processes in the field of managing the increase in housing commissioning for corporate investment management and bodies of state and municipal management.

Analytics and Expertise in the Information Society

#2. Sisyphean Task
Analytics and Expertise in the Information Society

The article deals with the following questions: what is common for analytics and expertise, how they differ and how they are related to each other; what are the characteristics of the information society. Analysis of the purposes, sense and content of the analysis and expertise processes in the target vector of managing organizations, projects in the context of technical and social revolutions of the modern era of changes is carried out. The model, structuring the basic processes of analytics and expertise, is constructed, the criteria of their coherence and delineation are indicated. Constructive definitions of analytics and expertise are given. A taxonomic map of the basic processes of expertise and analytics in the organization is built. Proposed solutions provide the necessary basis for developing methodological and regulatory materials for practical application of analytics and expertise.

Crypto-Currencies, Markets and Institutions

#1. Event Horison
Crypto-Currencies, Markets and Institutions

Crypto-currency is becoming one of the key factors for competitiveness of major players in national and global monetary and financial markets. Bitcoin has actually become one of the world’s currencies. State regulators’ conceptions about decentralization and autonomy of crypto-currencies create ever greater risks of currency-financial collapses owing to manipulative games and currency attacks of international speculative groups. Real beneficiaries of the crypto-currency volatility, as a rule, remain beyond visibility of the world community. Trends in the development of crypto-currencies as an increasingly important element of the world monetary and financial markets have determined for our country the need to form a mechanism for planning and coordinating the monetary and monetary policy of the EAEU member states with an agreed rate of a single electronic currency, circulation terms and conditions (zones, etc.) applying the principles of forming a transparent and unified organizational structure of financial institutions and markets within the framework of the EAEU.

Transformation of the Mechanisms for Managing the Fuel and Energy Complex (FEC) of Russia in Order to Reduce Risks and Threats: the Kremlin-2018 in a Complex Economic Reality

#6. The Charm of Unattainable Peaks
Transformation of the Mechanisms for Managing the Fuel and Energy Complex (FEC) of Russia in Order to Reduce Risks and Threats: the Kremlin-2018 in a Complex Economic Reality

The purpose of the present article is to substantiate the directions of transforming the mechanisms of the fuel and energy complex management in Russia in order to eliminate risks and threats to the national economic interests of our country, manifested in the period of oil prices falling and introduction of anti-Russian economic and political sanctions. The authors propose approaches to substantiate the ways for protecting Russia’s economic interests in relation to the fuel and energy complex (FEC) of Russia, including concentration in the state’s hands of export flows of fuel and energy resources management (supply routes, volumes of extraction, transportation), cpecification of payment terms; intercorporate coordination of measures for development, reconstruction and modernization of fuel and energy infrastructure; formation of a qualitatively new infrastructure for wholesale and retail markets for fuel and energy resources (FER); transition to setting-up abroad the energynodal management mechanism regarding supply and transportation of Russian fuel and energy resources; clarification of measures for coordination and operation of profit centers, corporate financial centers, concentration centers of possession and management of property and financial assets in relation to large Russian energy corporations, including their subsidiaries and associates of the company abroad and others. Technology under consideration is proposed as an integral part of the management technologies of the Russian economy branches in relation to possible economic fluctuations of the world economy under conditions of significant changes related to new political realities in the USA, EU, etc.

Success Transfer

#6. The Charm of Unattainable Peaks
Success Transfer

Each person has his own plans, ideas, dreams. In order to achieve the results desired it is necessary to move systematically, step by step to solution of the set tasks. Possessing technologies for transforming ideas into clearly defined goals and their implementation will help anybody on the difficult way of increasing personal effectiveness. The book by T.M. Kudeshova and S.G. Kudeshova “Effective weekdays. A “low start” to high achievements” will allow to study gradually the whole set of secrets necessary for realizing personal plans, regardless of the sphere of life: family, career, sport, travelling, creativity, education — the book will suit for each of them.

Big Eurasian Partnership: Project, Counter to Trans-Pacific Partnership

#6. Forecasts and Results
Big Eurasian Partnership: Project, Counter to Trans-Pacific Partnership

In conditions when the USA are implementing the global geo-economic project (Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership), designed to radically reformat zones of strategic influence in the global economy, there is a need for a new management model, the counter Russian project (Big Eurasian Partnership) relying on fuel-energy and transport-logistics infrastructure based on cooperation of states — the EAEU participants. Big Eurasian partnership should be aimed at globalizational-strategic transformation of post-Soviet economic integration and cooperation to expand the spheres of profit extraction and increase of added value, obtained by the EAEU companies at accessible markets in Europe and Asia.

Forming a New Model of Monetary Policy while Managing the National Foreign Exchange Reserves of Russia

#3. Immortal Power
Forming a New Model of Monetary Policy while Managing the National Foreign Exchange Reserves of Russia

Research is focused on the problems of forming a qualitatively new model for monitoring, planning and coordination of monetary-financial and commodity policy in management of Russia’s national foreign exchange reserves (including regulation of bimetallic matrixes fluctuation dynamics of gold and silver spreads) with the agreed course of a particular currency, on terms and conditions (zones and so on) of circulation in Russia and the EAEU as a combinatorially expandable space. Identifying overt and latent characteristics of typical or atypical fluctuations of Russian monetary-financial markets dynamics is considered as the basis for preparation and execution of subsequent effective operational stabilization measures by subdivisions of corresponding Russian (in the long term — Eurasian-allied) federal agencies, commercial banks and others. It is expected to expand and deepen network situational analysis space in the financial sector to develop the system protective measures against speculative attacks, as well as against sanctions or other discriminatory actions of foreign structures.

China’s Bifurcation Point: Search for a New Strategic Model

#2. Noah’s Caste
China's Bifurcation Point: Search for a New Strategic Model

In the last period every year the global economy was increasingly dependent on the pace of China’s economy development, on which many countries have traditionally pinned their hopes for successful exit from the crisis. 2015 has clearly and unequivocally demonstrated the tendency of Chinese critical instability increase. There are many reasons, and one of the most important was the change in the US policy — termination of “quantitative easing” programs, which determines conditions of demand for Chinese goods and the volume of their exports. Once and for all the credit character of “successful” China’s economic growth became apparent, the possibility of obtaining the effect from realizing the model of financial incentives to China’s national economy through increasing the volume of loans and investments is almost exhausted. The main conclusion: there is a direct correlation between the consequences of investment and industrial glut in China due to extreme economic growth and strengthening of structural economic and financial disproportions laying the contours of inevitably arising from them a new round of Chinese and the global economic crises.