The role of state corporations in the economic development of the Russian Federation today: the case of Rostec State Corporation

DOI: 10.33917/es-4.196.2024.82-89

The reform of development institutions currently being carried out by the Government of the Russian Federation provides for their partial modernization and liquidation. At the same time, some institutions, in particular state-owned corporations, are not subject to reform due to the fact that their activities are strategically important and fully consistent with the goals of the country’s economic development. According to the authors of the article, the Rostec state-owned corporation today has positive experience in achieving the goals set by the state. The directions and results of Rostec’s activities during the sanctions period, industry and financial indicators, the execution of the state defense order and the share of civilian products, development directions in various sectors of the economy and innovative developments to ensure competitiveness in domestic and foreign markets are studied.

References:

1. Instituty razvitiya s”eli 5 trillionov rubley. Deputaty obvinili kvazigosudarstvennye struktury v neeffektivnosti [Development institutes ate 5 trillion rubles. Deputiesaccusedquasi-statestructuresofinefficiency]. Nezavisimayagazeta, 2019,10 oktyabrya, availableat:https://www.ng.ru/economics/2019-10-10/4_7699institute.html

2. Vladimir Kuz’min. Mishustin soobshchil ob optimizatsii institutov razvitiya [Mishustin announced the optimization of development institutions]. Rossiyskaya gazeta, 2020, 23 noyabrya, available at: https://rg.ru/2020/11/23/pravitelstvo-optimiziruet-sistemu-institutov-razvitiia.html

3. Postanovlenie Pravitel’stva RF ot 24 marta 2022 g. N 459 “O priznanii utrativshimi silu nekotorykh aktov Pravitel’stva Rossiyskoy Federatsii i o vnesenii izmeneniy v rasporyazhenie Pravitel’stva Rossiyskoy Federatsii ot 31 dekabrya 2020 g. N 3710-r” [Resolution of the Government of the Russian Federation of March 24, 2022 No. 459 “On recognizing as invalid certain acts of the Government of the Russian Federation and on amending the order of the Government of the Russian Federation of December 31, 2020 No. 3710-r”]. Konsul’tantPlyus, available at: https://www.consultant.ru/document/cons_doc_LAW_413819/9 2d969e26a4326c5d02fa79b8f9cf4994ee5633b/#dst100006

4. Pribyl’ goskompaniy v Rossii upala sil’nee, chem u chastnykh. Tol’ko dve treti iz nikh zavershili 2022 god v plyuse [Profits of state-owned companies in Russia fell more than those of private ones. Only two-thirds of them ended 2022 in the black]. RBK, 2023, 10 maya, available at: https://www.rbc.ru/econo mics/10/05/2023/64525cc39a794734f6f7044d

5. Federal’nyy zakon ot 12 yanvarya 1996 g. N 7-FZ “O nekommercheskikh organizatsiyakh” [Federal Law of January 12, 1996 No. 7-FZ “On Non-Commercial Organizations”]. Konsul’tantPlyus, available at: https://www.consultant.ru/document/cons_doc_LAW_8824/

6. Mazanaev M.Sh., Bekishiev N.A. Pravovoy status i osobennosti gosudarstvennykh korporatsiy v sovremennoy Rossii [Legal status and features of state corporations in modern Russia]. Yuridicheskiy vestnik DGU, 2022, vol. 44, no 4, pp. 83–90, DOI: 10.21779/2224-0241-2022-44-4-83-90

Beyond Geopolitical Uncertainty. Issues of Strategic Planning and Structural Policy

DOI: 10.33917/es-5.191.2023.64-71

Current literature propagates the firmly established opinion that sanctions impact will cause a partial degradation of produced and human capital. These losses can be compensated through the structural policy measures and formation of growth drivers.

Since the literature doesn’t provide a single definition of a growth driver, the author puts forward his own version. To implement a successful structural policy, it is necessary to correct the existing mechanism of strategic management, mainly in the field of state programs and national projects management. The development areas of mechanical engineering, IT industry and tourism are considered as growth drivers, since the mentioned areas have the greatest multiplier effect. The author concludes that tourism is the most promising area.

References:

1. Gimpel’son V.E. Chelovecheskii kapital v epokhu sanktsii i kontrsanktsii: nekotorye posledstviya ego pereraspredeleniya [Hum an Capital in the Eraof Sanctions and Counter-sanctions: Some Consequences of its Redistribution]. Zhurnal Novoi ekonomicheskoi assotsiatsii, 2022, no 3(55), pp. 234–238.

2. Prokop’ev A.V. Dolgosrochnye tendentsii ekonomicheskogo rosta v Rossii [Long-term Trends in Economic Growth in Russia]. CYBERLENINKA, available at: https://cyberleninka.ru/article/n/dolgosrochnye-tendentsii-ekonomicheskogo-rosta-v-rossii

3. Uroven’ zhizni rossiyan padaet uzhe bolee 10 let [The Standard of Living of Russians has been Falling for More than 10 years]. Dzen, 2022, 18 noyabrya, available at: https://dzen.ru/a/Y3cwaLfI3z1z_b65

4. Glava AKRA otsenil sroki vozvrata ekonomiki k dopandemiinomu urovnyu [The Head of ACRA Assessed the Time Frame for the Economy to Return to Pre-pandemic Levels]. RBK, 2022, 16 dekabrya, available at: https://www.rbc.ru/economics/16/12/2022/639b3ac49a7947630774148c

5. Rinat Tairov. Bloomberg uznal o prognoze “glubokoi retsessii” v Rossii v zakrytom otchete dlya kabmina [Bloomberg Learned about the Forecast of a “Deep Recession” in Russia in a Closed Report for the Cabinet of Ministers]. Forbes, 2022, 5 sentyabrya, available at: https://www.forbes.ru/finansy/476263-

bloomberg-uznal-o-prognoze-glubokoj-recessii-v-rossii-v-zakrytom-otcete-dla-kabmina

6. Simachev Yu., Akindinova N., Yakovlev A., et al. Strukturnye izmeneniya v rossiiskoi ekonomike i strukturnaya politika: Analiticheskii doklad [Structural Changes in the Russian Economy and Structural Policy: Analytical Repor t]. Moscow, NIU VShE, 2018, p. 29.

7. Devid Dias. Osnovnye dvizhushchie sily ekonomicheskogo rosta [What are the Main Drivers of Economic Growth]. University of Sunderland, 2022, 2 noyabrya, available at: https://online.sunderland.ac.uk/the-main-drivers-of-economic-growth

8. Ivanova L.N., Terskaya G.A. Tochki rosta i draivery rosta: k voprosu o soderzhanii ponyatii [Growth Points and Growth Drivers: on the Issue of the Content of Concepts]. Zhurnal institutsional’nykh issledovanii, 2015, vol. 7, no 2, p. 124.

Peculiarities of the Valuation Activities Ttransformation in Russia Based on the Value Management Priorities of the Life Cycles of Goods, Works and Services

DOI: https://doi.org/10.33917/es-3.177.2021.72-85

The article discusses particular features of the appraisal activities transformation in the Russian Federation, focused on the priority methodology in cost management of the appraisal objects’ life cycles as the basis for sustainable socio-economic development, especially in implementing national projects. The relevance of this study is based on the importance of solving such a national economic problem as providing the launch of innovative high-tech investment cycles in development of industries, enterprises and investment projects based on forming an updated methodological base for appraisal activities focused on long-term strategic cycles with planning horizon up to 60 years. Furthermore, as the main national evaluation ideology it is proposed to use the concept of formalizing evaluation and value management processes in economic systems, where the main object of assessment is the life cycle of goods, products and works, which are characterized by innovative, high-tech qualities of a breakthrough highly competitive type, as well as by the effect of emergence and synergy.

The aim of the present study is to elaborate a set of relevant search methodological proposals and recommendations for modeling the transformation processes of the national evaluation activity of Russia based on the priorities of cost evaluation and of the life cycles management of goods and works that can provide sustainable and breakthrough socio-economic development of the country on the long-term strategic basis with a planning horizon of up to 50-60 years, with a view to ensuring priority implementation of national projects.

The study is focused on the processes of genesis and  transformation of national appraisal activity in the course of exploratory fundamental research in the field of modeling theoretical provisions and conceptual approaches to structuring methodological framework of evaluation and management of costs, life cycles of goods in the process of implementing national projects based on minimizing the cost of their life cycles, contracts on life cycles, total costs and life cycles’ cost of ownership.

Integrated and systemic approaches based on analysis and synthesis, logical analysis, expert approach, methods of economic and mathematical modeling and forecasting were used as research methods.

Digital Citizen and Digital Society: the Impact of Individual and Society on Achieving National Strategic Goals

DOI: https://doi.org/10.33917/es-2.176.2021.22-37

Russia faces a critical choice. The world civilizational shift objectively determines the new roles of the individual, society, state and new models of their relationships and mutual influences. The digital citizen and the digital society are becoming the main factors of success in achieving national strategic goals, the balance of individual and social development forms the social order of the 21st century in Russia

Methodological Aspects of Modeling Concept Value Assessment of Live Cycles in the Assessment Activities in the Russia

DOI: 10.33917/es-4.170.2020.80-91

The article discusses the subject of research, focused on the study of the transformation processes of the valuation methodology, focused on the effective management of sustainable and breakthrough socio-economic development by ensuring the effective implementation of National projects using the results of the value management genesis in valuation activities based on the use of the concept of cost-based life cycle assessment The relevance of this study is determined by the importance of solving the national economic problem of the need to ensure the launch of innovative high-tech investment cycles for the development of industries, enterprises and investment projects based on the formation of an updated methodological base for valuation activities. Moreover, it is proposed to use the model of formalizing the processes of valuation and cost and cost management in economic systems based on the life cycles of goods, products and works as the main evaluative ideology. The aim of the study is to develop a set of relevant methodological proposals for modeling the concepts of valuation of life cycles in the valuation of Russia in order to ensure its transformation that is sufficient for cost management of sustainable and breakthrough socio-economic development of the country through ensuring the effective implementation of national projects. The object of the study is the development of theoretical principles and conceptual approaches for modeling the methodological foundations of valuing and managing the life cycles of goods and products in the process of implementing national projects based on minimizing the cost of their life cycles, life cycle contracts, total costs and the cost of ownership of life cycles. As applied research methods, a comprehensive approach was used, based on analysis and synthesis, logical analysis, expert approach, methods of economic and mathematical modeling and forecasting.