This year, a slowdown is expected in the Russian economy. According to some forecasts, the country will enter recession in 2021 or possibly even earlier. However, according to the HSE Centre for Business Tendencies Studies (CBTS), there are no noticeable signs of recession at the moment. This article looks at what keeps Russia's economy from picking up pace and why slowdowns are a possibility, according to the HSE CBTS.
Tag "economics"
It is believed that carbon dioxide emissions into the atmosphere are mainly regulated by ‘direct’ economic instruments - the carbon tax and the Emissions Trading System (ETS). However, a comparative analysis has shown that ‘indirect’ instruments, such as excise taxes on motor fuel and other energy taxes, did not yield any lesser impact than their ‘direct’ counterparts, and, over time, were even more effective.
It is believed that carbon dioxide emissions into the atmosphere are mainly regulated by ‘direct’ economic instruments - the carbon tax and the Emissions Trading System (ETS). However, a comparative analysis has shown that ‘indirect’ instruments, such as excise taxes on motor fuel and other energy taxes, did not yield any lesser impact than their ‘direct’ counterparts, and, over time, were even more effective. This is the conclusion drawn by HSE researcher Ilya Stepanov in his article, ‘Taxes in the Energy Sector and Their Role in Reducing Greenhouse Gas Emissions’.
International trade is an area of conflict and changing standards. Economic leaders give way to new players, and digital technologies rewrite industry rules. The status of world trade and Russia's prospects are covered in a report prepared by experts from the HSE University'sCentre for Structural Policy Research and Institute for Trade Policy.
Russia is one of the world's top countries in terms of wealth concentration in the hands of the richest few: more than 70% of the country's financial and non-financial assets are owned by 5% of its citizens. At the HSE's 20th April International Conference in Moscow, Svetlana Mareeva and Ekaterina Slobodenyuk presented their findings from a study of inequalities in Russia in the global context.
While income and wealth disparities define Russia as a country of deep inequalities, other indicators such as access to education and life expectancy improve its negative image. Back to the paper by Svetlana Mareeva and Ekaterina Slobodenyuk presented at the HSE's 20th April International Conference, this time focusing on Russia's position in global statistics on (in)equality of opportunity.
Experts from the HSE Centre for Business Tendency Studies (CBTS) analysed for the first time the growth of the manufacturing industry in CIS countries between 2004 and 2016. It was conducted within the framework of a regional project of the United Nations Industrial Development Organization (UNIDO) “Improvement of industrial statistics and development of indicators of industrial performance for policy-relevant analysis in CIS countries”.
Researchers with the HSE International Laboratory of Intangible-driven Economy have developed an approach towards analysing strategies for employing intangibles. In the study, which was published in the journal Management Decision, they discovered that only 36.5% of Russian companies are pursuing an intensive intellectual capital strategy.
Post-Soviet life and the economic ups and downs of recent years have changed the attitude of Russians towards saving. Now, it is not the less fortunate who save, but the more intelligent, according to Elena Berdysheva and Regina Romanova. Or, more to the point, it’s the more intelligent women: domestic finances are usually dealt with by females. At HSE’s recent XIX April International Academic Conference, researchers explained how Russians adjusted and optimized family budgets following the crisis of 2014-2017 and how this relates to gender issues.
The notion that Karl Marx's works have been studied inside and out is fundamentally incorrect. The huge body of his manuscripts has still not been completely processed, and his seminal work, Capital, was only recently published with the final edits of the author. The 19th April Conference at the Higher School of Economics included the section ‘Methodology of Economic Science’ which was devoted to the work of the German philosopher and political scientist. Independent researcher and professor from Berlin, Thomas Kuczynski, gave a presentation at the conference which pointed out numerous aspects of Marx’s continuous rethinking of allegedly fixed truths.