Index
Modeling Economic Growth in Contemporary Russia
ISBN: 978-1-78973-266-5, eISBN: 978-1-78973-265-8
Publication date: 23 May 2019
This content is currently only available as a PDF
Citation
(2019), "Index", Sergi, B.S. (Ed.) Modeling Economic Growth in Contemporary Russia, Emerald Publishing Limited, Leeds, pp. 297-305. https://doi.org/10.1108/978-1-78973-265-820191012
Publisher
:Emerald Publishing Limited
Copyright © 2019 Emerald Publishing Limited
INDEX
Advanced Research Foundation
, 148–159
Agro-industrial complex (AIC)
future growth
, 238–241, 243
methodology
, 235–236
initial statistical data
, 237
for optimization of future growth, regulation of
, 241–244
tendencies of growth
, 236–238
AIC. See Agro-industrial complex
AIC 4.0
, 241–243, 245
Bank for International Settlements (BIS)
, 69
Bank of Russia, role in maintaining monetary steadiness and financial stability
, 29
background
, 31–34
empirical evidence
, 53–57
method
, 34–51
central bank, natural function of
, 35–37
central banks’ performance
, 34–35
money emission, as public goods
, 34–35
monetary policy, properties of
, 37–40
monetary policy implementation
, 40–42
sustainability
, 47–51
transmission mechanism channels
, 42–47
results
, 51–53
Basic skills
, 170, 171
BATs. See Best available technologies
Best available technologies (BATs)
, 276
municipal solid waste, utilization of
, 291
BIS. See Bank for International Settlements
Bonduelle Group, The
, 104, 106–107, 112–115
description
, 106–107
management expertise development in retail market
, 113–114
profile and financial data
, 108
relationships with retailers, developing
, 114–115
strategic capabilities of
, 123–126
Borrower risk
, 33
BRIICS countries, ranks’ dynamics of (2007–2017)
by financial market development series
, 4
by Global Competitiveness Index
, 3
br-SCMM (Brazilian smart city maturity model)
, 251
Budget consolidation policy
, 91–92
Budget deficit
, 204, 206, 210, 212, 219–220, 222, 230
Budget expenditure for education and the educational achievements of Russia, non-linear relationship between
, 192–193
Budget expenditures
, 67, 68–69, 81, 86–90
Budget revenues
, 67, 68–69, 81, 86–90
Business environment
, 100
ByTerg
, 105, 118–121
customer orientation
, 120–121
description
, 106–107
engaged team of highly professional employees
, 121
high level of service
, 119–120
innovative technologies
, 119
local market knowledge
, 120
profile and financial data
, 108
reliability of the equipment
, 119–120
strategic capabilities of
, 123–126
Capability development in Russia, theoretical framework of
, 102–103
Center for Strategic Research
“Global Human Capital – 2017”
, 191
Central banks
natural function of
, 35–37
performance
, 34–35
Certificates of deposit
, 32–33
Classical learning paradigm versus modern learning paradigms
, 177
“Clean Air” project
, 277
“Clean Water” project
, 277
Cognitive skills
, 183–184
Communal service projects, regulatory framework for
, 284–285
Communication policy
, 39–40
Consolidating innovation policy model
, 146
Consumer price index (CPI)
, 114
CPI. See Consumer price index
De-dollarization of deposits
, 40
Digital modernization
, 241–243, 245
EAEU. See Eurasian Economic Union
EBRD. See European Bank for Reconstruction and Development
Ecolab Inc.
, 104–111
description
, 106–107
localization and M&A projects
, 110–111
profile and financial data
, 108
research and development
, 110
strategic capabilities of
, 123–126
sustainability
, 109
unique technologies and business diversification
, 109
Economic development
, 8
Educational and economic failures
, 195
Education and inclusive development
background of
, 170–171
empirical evidence
, 194–199
human capital transformation into endogenous economic growth factor, necessary conditions for
, 171–185
crisis in learning, manifestations of
, 171–173
theory of psychological and cognitive barriers, applications of
, 175–185, 178–182
theory of psychological and cognitive barriers, conceptual foundations of
, 173–175
results
, 191, 193–194
sufficient conditions to increase return on well-educated human capital, formation of
, 185–193
budget expenditure for education and the educational achievements of Russia, non-linear relationship between
, 192–193
human capital quality
, 190–192
international educational ratings, Russian education in
, 185–190
knowledge economy
, 190–192
Equal opportunities
, 170
Eurasian Economic Union (EAEU)
, 249–250
Eurobond borrowings
, 38
Euro-dollar loans
, 32–33
European Bank for Reconstruction and Development (EBRD)
, 205
Evolutionary of innovation-based growth
, 129–131
conventional innovation policy framework
, 131
FCPF. See Federal Center for Project Financing
FDI. See Foreign direct investment
Federal Center for Project Financing (FCPF)
, 290
Finance category, essence of
, 69–71
Financial depth
, 52
Financial Market Development indicator
, 2
Financial stability
background of
, 67–69
elasticity of GDP by fiscal policy instruments
, 76–80
empirical evidence
, 81–90
finance category, essence of
, 69–71
fiscal policy of state, instruments of
, 74–75
gradual instability reintroduction
, 71–72
institutions, as means of uncertainty
, 72–73
as kind of public good
, 73–74
results
, 80–81
risks minimization
, 72–73
safeguarding
, 67, 69, 76–78, 80–81
in scientific research
, 69
Financial sustainability, maintenance of
, 39
Financial systems
, 3–4, 5, 6–7, 24
Fiscal consolidation
, 204, 210–211, 212, 213–214, 219–220, 227–228, 229–230
Fiscal multipliers’ models
, 67, 68, 80, 91
Fiscal policy
, 66, 67–68, 81, 90, 91
instruments, elasticity of GDP by
, 76–80
of state, instruments of
, 74–75
Floating exchange rate regime
, 38
Foreign direct investment (FDI)
inward
, 100–102
outward
, 100–102
Foreign exchange channel, of transmission mechanism
, 44–46
Formal institutions
, 204, 206–209, 214–215
Formula Edy
, 104–105, 117–118
customer orientation
, 118
description
, 106–107
profile and financial data
, 108
relationships with suppliers
, 118
strategic capabilities of
, 123–126
strong team of professionals
, 117
Foundational skills
, 183–184
GCI. See Global Competitiveness Index
Global Competitiveness Index (GCI)
, 2
ranks’ dynamics of BRIICS countries (2007–2017) by
, 3
Gradual instability reintroduction
, 71–72
Green agribusiness
, 291–292
Green Climate Fund
, 275
Green construction
, 291
Green investment
as driver of economic growth
, 278–279
environmental safety, investment projects for ensuring
, 288–292
municipal solid waste, utilization of
, 289–292
renewable energy
, 287, 288–289
green economy, national policies in
, 274–288
PPP mechanism in green economy development, regulatory framework for
, 285–288
renewable energy projects, regulatory framework for
, 282–285
housing and communal service projects, regulatory framework for
, 284–285
state agenda
, 274–279
green investment, as driver of economic growth
, 278–279
transition to a green economy, transformations necessary for
, 280–281
HCI. See Human Capital Index
Herfindahl-Hirschman Index
, 50
Higher-order skills
, 183–184
Housing projects, regulatory framework for
, 284–285
Human Capital Index (HCI)
, 190
Human capital quality
, 190–192
Human capital transformation into endogenous economic growth factor, necessary conditions for
, 171–185
crisis in learning, manifestations of
, 171–173
theory of psychological and cognitive barriers, applications of
, 175–185, 178–182
theory of psychological and cognitive barriers, conceptual foundations of
, 173–175
IDI. See Inclusive Development Index
IFDI. See Inward foreign direct investment
IMF. See International Monetary Fund
Inclusive Development Index (IDI)
, 205–206, 207–208
Industrial Development Fund
, 148–159
Inflation expectations channel, of transmission mechanism
, 46–47
Inflation targeting strategy
, 38, 39–40, 42–47, 51
InfraONE
, 219
“Infrastructure for Waste Management of I and II Hazard Classes” project
, 277
Innovation-based economic growth
basic indicators, dynamics of
, 134
factors impeding
, 135
lessons for the future
, 162–165
limitations of
, 136
modern role of the state in
, 129–133
evolutionary and neoclassical models
, 129–131
innovation development
, 131–133
primary indicators
, 135
research and development
, 133–137
state policy to fostering
, 138–162
instruments. See Instruments of Russian innovation policy
stages and features
, 138–147, 142–145
Innovation culture
, 135
Innovation development, features of modern stage of
, 131–133
Innovation policy development
, 132
Innovative Science and Technology Centers
, 148–159
Institutions, as means of uncertainty
, 72–73
Instruments of Russian innovation policy
, 147–162
advantages and disadvantages of
, 160–161
consolidating model
, 146
period, types, and goals and accents
, 148–159
search-oriented model
, 146
Interbank loans (IBL)
interest rates
, 42–44
Interest rate and credit channels, of transmission mechanism
, 42–44
International educational ratings, Russian education in
, 185–190
International Monetary Fund (IMF)
, 68–69
Internet Initiatives Development Fund
, 148–159
Inward foreign direct investment (IFDI)
, 100–102
Kaspersky Lab
, 101–102
Key rate
, 38–39, 42–43, 44, 46–47, 51
Knowledge economy
, 190–192
Kurchatov Institute
, 148–159
Learning failures
, 130
Lender risk
, 33
Liquidity management
, 38–39
Liquidity risk
, 6–7
Ministry of Finance
, 39
Ministry of Industry and Trade of Russia
, 291
Minsky’ financial instability hypothesis
, 32, 33, 51
Modern learning paradigms versus classical learning paradigm
, 177
Monetary aggregates
, 31–32, 34, 36, 52, 54
Monetary policy implementation
, 40–42
Money emission, as public goods
, 34–35
Money multiplier
, 36
Multinational companies
, 104
Municipal solid waste, investment projects in utilization of
, 289–292
best available technologies
, 291
green construction
, 291
organic farming
, 291–292
Neoclassical models of innovation-based growth
, 129–131
conventional innovation policy framework
, 131
Non-competitiveness of the product
, 35
Non-excludability
, 73–74
Non-exclusivity of the good
, 35
Non-rivalry
, 73–74
OECD
, 188, 189
OFDI. See Outward foreign direct investment
Off-balance sheet activities
, 32–33
Opportunities equality
, 170
Organic farming
, 291–292
Organizational capabilities
, 97–98
Outward foreign direct investment (OFDI)
, 100–102
Paris Climate Agreement (2015)
, 276
PCBs. See Theory of psychological and cognitive barriers
Physical capital accumulation channel
, 3–4
Pinsky triad
, 168–169
PIRLS. See Progress in International Reading Literacy Study
PISA. See Program for International Student Assessment
Poincaré hypothesis
, 169
Policy mix
, 163
“Preservation of Lake Baikal, The” project
, 277–278
Program for International Student Assessment (PISA)
, 185, 189–190, 195
Progress in International Reading Literacy Study (PIRLS)
, 185, 189–190
Public goods
, 66, 67–69, 74, 80–81, 91
financial stability as kind of
, 73–74
Public infrastructure projects
, 225, 228
Public–private partnerships (PPP)
in green economy development, regulatory framework for
, 285–288
green economy in
, 275
projects, in infrastructure
background of
, 205–207
budget consolidation and hybrid forms
, 210–215
empirical evidence
, 220–228
government expenditures’ efficiency, means of
, 215–217
institutional attitude
, 208–209
results
, 217–220
in scientific research
, 207–208
state, as a governor
, 210
state, as an economic agent
, 210
smart projects, implementation of
, 256–263
Quality of human capital
, 195
RB. See Reckitt Benckiser
Reckitt Benckiser (RB)
, 104, 106–107, 111–112
business development
, 112
description
, 106–107
innovations, new product development
, 111–112
managing brand portfolio
, 111
profile and financial data
, 108
strategic capabilities of
, 123–126
strong marketing support
, 112
Reckless lending
, 53
Renewable energy projects, regulatory framework for
, 282–285
Renewable energy source (RES)
, 279
Repurchase agreements
, 32–33
Research and development
, 133–137
Reserve Fund
, 39
Risk management
, 6–7
Risks minimization
, 72–73
ROSATOM
, 148–159
ROSCOSMOS
, 148–159
Rostec
, 148–159
RosTec Global Resources
, 101–102
RUSNANO
, 148–159
Russia
, 99–102
business environment and transparency
, 100
inward FDI
, 100–102
outward FDI
, 100–102
profile of
, 99
See also individual entries
Russia, financial development and economic growth in
, 1
channels
, 2–8
physical capital accumulation channel
, 3–4
total factor productivity growth channel
, 4–8, 19, 20–21, 24, 25
data, methodology, and model specification
, 8–19, 9–15
results
, 19–25
Russian National Rating of the Investment Climate
, 100
Russian Science Foundation
, 148–159
Russian Venture Company (RVC)
, 148–159
RVC. See Russian Venture Company
Sberbank
, 49
Search-oriented innovation policy model
, 146
Securitization
, 32–33
Skolkovo Innovation Center
, 148–159
Smart cities, and economic growth
effective management, modelling
, 252–256
implementation in PPP
, 256–263
Russian experience
, 251–252
sustainable economic development
, 263–269
Socioemotional skills
, 184
Special Investment Contracts
, 148–159
State
agenda, green economy on
, 274–279
as an economic agent
, 210
as a governor
, 210
State support of innovation
evolutionary and neoclassical models
, 129–131
innovation development
, 131–133
Strategic capabilities of Russian emerging economy
, 103–105
comparison of
, 121–127, 123–126
development of
, 105–121
multinational companies
, 104
sample description
, 104
Russian companies
, 104–105, 106–107
Structural liquidity deficit/surplus
, 50
Supplier orientation
, 102–103
Sustainability
banking system
, 47–51
Sustainable economic development, through smart city projects
, 263–269
SWILAR
, 104, 106–107, 115–116
description
, 106–107
profile and financial data
, 108
strategic capabilities of
, 123–126
Taper Tantrum
, 38
Technical skills
, 184
TFP. See Total factor productivity
Theory of psychological and cognitive barriers (PCBs)
, 172–175
applications of
, 175–185, 178–182
conceptual foundations of
, 173–175
TIMSS. See Trends in Mathematics and Science Study
Total factor productivity (TFP)
growth channel
, 4–8, 19, 20–21, 24, 25
Transaction costs’ minimization
, 210
Transmission mechanism channels
, 31–32, 33–34, 35, 42–47
Transparency
, 100
Transparency International
, 100
Trends in Mathematics and Science Study (TIMSS)
, 185, 189–190
Twenty-first-century skills
, 185–186, 187–188
United Nations Organization Development Program (UNODP)
Combined Indicator
, 189–190
VEB. See Vneshekonombank
Vneshekonombank (VEB)
, 148–159, 215
Volatility management
, 38–39
Wealth maximization
, 210
WEF. See World Economic Forum
World Bank
, 69
“Doing Business 2017: Equal Opportunity for All” report
, 100
World Development Report
, 171, 183
World Economic Forum (WEF)
, 2, 185–186, 205–206, 207–208
Zhukovsky Institute
, 148–159
- Prelims
- Chapter 1 Financial Development and Economic Growth in Russia
- Chapter 2 The Bank of Russia: Modeling Parameters of Financial Sustainability in Low-growth and High-volatility Environment
- Chapter 3 Financial Stability: Modeling the Russian Budgetary and Tax Policy with Fiscal Multipliers’ Attraction
- Chapter 4 How to Create Competitive Organization: Leveraging Strategic Capabilities in Russia
- Chapter 5 Russia’s Transition to an Innovation-based Growth: Problems and Opportunities
- Chapter 6 Education and Inclusive Development: Puzzle of Low-learning Equilibrium
- Chapter 7 Infrastructure Public–Private Partnership Projects: Budget Consolidation Policy in Russia and Government Expenditures’ Efficiency Increase
- Chapter 8 The Agro-industrial Complex: Tendencies, Scenarios, and Regulation
- Chapter 9 Smart Cities and Economic Growth in Russia
- Chapter 10 Green Investment in Russia as a New Economic Stimulus
- Index