Youth in Higher Education: Issues of Educational Strategy Choices
Elena V. Lomteva – Leading Researcher of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Pedagogical Sciences, Associate Professor (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Larisa Yu. Bedareva – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Socio-economic changes have led to a transformation of values among young people: the attitude toward higher education, which gave social status and, consequently, employment privileges, has become a thing of the past. At the same time, the changes to the system of professional education that are taking place in Russia may in the near future seriously affect the behavior of young people, especially young men – their focus on enrolling in full-time higher education will increase.
Key words: school leavers, higher education; secondary vocational education, educational strategy.
JEL-codes: I20, I21, I23.
Survey of Current Business (November 2022 – February 2023)
Sergey P. Aukutsionek – Head of Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences, Candidate of Economic Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Andrey S. Yegorov – Senior Researcher of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences, Candidate of Economic Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Inessa A. Bachirova – Researcher of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tatyana V. Serzhantova – Researcher of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
In November 2022, the diffusion index of stocks of finished products increased by 12 percentage points and reached 50% – the highest value in 2.5 years. At the same time the level of stocks of finished products, relative to the normal monthly level = 100%, increased even more considerably (by 21 points) and amounted to 97%. It has not been so high since March 2018. The level of orders (also relative to the norm = 100%) decreased by 14 points over the month, dropping from an absolutely record high October’s value to an annual average for 2022 – 91%. The diffusion index of expenditures for equipment added 11 points and reached 41% – the maximum for 11 months.
Key words: Russia, industry, industrial enterprises, price level, wages, employment, output, investment, indebtedness to banks, order-book level, stocks of finished products, capacity utilization rate, financial situation, production restrictive factors.
JEL-codes: D22, D24, G31, L23, P23.
Impact of Economic Sanctions on the Development of Russian Tourism
Elena E. Kabanova – Associate Professor of the Department of State and Municipal Administration, Financial University under the Government of the Russian Federation, Сandidate of Sociological Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
The tourism industry is one of the most important areas in the economy of Russia, providing a significant number of jobs, especially in areas with high recreational attractiveness. Tourism is one of the most sensitive industries to changes in the economy and foreign policy. This article examines the impact of the political and economic situation during the special military operation in Ukraine and the ensuing events on the economic field both in the country and in the world.
Key words: domestic tourism, international restrictions, new destinations, regions of Russia, sanctions, tourism.
JEL-codes: Z32.
Strategic Diagnostics of the Competitive Advantages of an Industrial Enterprise in the New Conditions
Ekaterina D. Schetinina – Head of the Department of Marketing of Belgorod State Technological University named after V.G. Shukhov, Doctor of Economic Sciences, Professor (Belgorod, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Anatoly А. Rudychev – Professor of the Department of Economics and Organization of Production of Belgorod State Technological University named after V.G. Shukhov, Doctor of Economic Sciences (Belgorod, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Svetlana K. Kochina – Associate Professor of the Department of Theory and Methodology of Science of Belgorod State Technological University named after V.G. Shukhov, Candidate of Economic Sciences (Belgorod, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
The efficiency of an industrial enterprise depends not only on the production program, sales volume, quality of products, pricing policy and other similar factors, but also on its competitive advantages in the industry market.
Modern business conditions have made adjustments to the process of creating and using competitive advantages. New ways of selling products and building a communication mechanism with stakeholders are coming to the fore. The article presents a methodology for conducting strategic diagnostics of competitive advantages of an industrial enterprise, consisting in assessing its main advantages and calculating an integral indicator.
Key words: strategic diagnostics, industrial enterprise, competitive advantage.
JEL-codes: D22, D40, L10.
Cryptocurrencies: Market Trends and Sanctions
Kirill D. Shilov – Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
This study provides an analysis of the current state of the cryptocurrency market, as well as an assessment of how existing cryptocurrencies can serve as an alternative instrument for flow of capital under sanctions regime between Russian companies and their counterparts from other countries. The cryptocurrency market in 2022 differs significantly from the market in 2017, primarily due to the emergence of stablecoins and the development of blockchain platforms which became a technological basis for creation of different decentralized applications (DeFi, NFT, etc.). Nevertheless, the prospects of using various cryptocurrencies as a means of payment to circumvent sanctions seem doubtful and entirely depend on how much foreign counterparties are exposed to the risk of sanctions from the United States and the EU.
Key words: cryptocurrency, Central Bank, bitcoin, regulations.
JEL-codes: G10, G15, G28.
Certification and Declaration of Parallel Imports in Modern Conditions
Elena A. Reznik – Associate Professor of the Higher School of Finance and Management of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
This article describes the problems of certification and declaration of parallel imports; proves that the certification of parallel imports is a very negative process for quality standards and from the marketing point of view is nothing but misleading consumers; proves that the logistics of parallel imports leave no chance for quality products to reach the final consumer. Another negative characteristic of this method of importation is indicated: it is carried out without payment of remuneration to the original copyright holder, i.e., in fact, it is a direct damage to him, connected with the illegal use of his trademark, which is again associated with misleading the end consumer.
It is concluded that the imposed sanctions greatly change the structure of the sphere of standardization and certification, when with respect to imported products the simplified import procedures are introduced without the consent of the right holder, and the document, on the basis of which the imported products are included into economic turnover, is a declaration of conformity.
Key words: certification, declaration, parallel importation, trademark, logistics control, technical solutions.
JEL-codes: J89.
Retail Lending in January-November 2022
Sergey A. Zubov – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences, Associate Professor (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
The aggravation of the geopolitical conflict and the imposition of anti-Russian sanctions had a restraining effect on the retail lending growth in H1 2022. In H2 2021, stabilization of the macroeconomic situation contributed to the recovery of banks’ lending activity, while the quality of the loan portfolio remained intact. However, the growth of outstanding debt and high indices of debt burden of bank borrowers forced the Central Bank to take measures aimed at cooling the market of consumer lending to prevent further accumulation of risks.
Key words: Russian banking sector, retail lending, past-due debt, Bank of Russia.
JEL-codes: D81, E58, G21.
World Market of Aircraft Leasing and Participation in It of Russian Companies
Marina A. Baeva – Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Olga D. Ismagilova – Researcher of the Russian Foreign Trade Academy (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
More than 50% of airline aircraft in the world are leased. The article analyzes the global aviation leasing market, including the largest lessor companies. Companies from China are of particular interest. In addition, the positions of Russian companies are analyzed, both from the supply side and from the demand side, taking into account the impact of anti-Russian sanctions. The main problems of aviation leasing in Russia are considered, among which technical, legal, financial and educational ones can be distinguished.
Key words: leasing, aviation leasing, Chinese companies, major aircraft lessors, Russian companies, airlines, sanctions.
JEL-codes: F1, L1, L8, L93.
