Economic

Strategies of Real Estate Investments in the Domestic and Foreign Markets

The current stage of globalization demonstrates a completely failure of local business and authorities to reflect the expansion of transnational investment and construction capital which is rapidly increasing its influence on the development of the national real estate markets. The problem lies in the inability to explain adequately and predict accurately the nature of the impact of this factor without proper understanding of the differences in the strategies of domestic and foreign investment in real estate. Methodology. The solution of the problem require rejection of the liberal economic concepts and usage the provisions of the classical political economy, which operates with a separate descriptions of the real estate as goods and as capital. The temporal and structural analysis of investments takes the central place in the study. Analysis. Analysis is based on empirical data, including facts on investment activity in the real estate of Russia, India, USA, China and the World in general. We show inability of the division investments through the basis of legal subjectivity «resident–non-resident». Domestic and foreign strategies vary according to all indicators of business: types of collateral, frequency of investments, their turnover, degree of dominance in the national real estate market in different periods of its development cycle. Results. As a result, we have for the first time identified and explained the variability of rhythmic strategies of foreign players associated with the dynamics of the financial and economic condition of the domestic real estate market. It was revealed that domestic businesses needs in state support that must limit the freedom of the repatriation of foreign investments.

Characteristics and Main Tendencies of Russian Security Service Market Development

Width and variety of services don`t allow to determine the common regularities for the whole service industry. Every type of service requires individualization of studies, analysis, and market assessment. Theoretical analysis. The paper studies specificity and types of security services, main approaches towards determination «security service» have been changed, proper formulation of this determination has been given, and analysis and study of security services market have been carried out, specific features have been found out. Development peculiarities and trends of Russia`s security services market are determined on the basis of application of following methods: analysis, systematization, observation, Delphi approach, statistical approach, survey, monographical approach, logical analysis and practical experience. Results. Differentiating feature of security services market is competition, which is defined as process of interaction and rivalry between organizations, what provide security services. Competition on the security services market has differentiating features associated with peculiarities of this market. Structural feature of the market regarding service providers has effect on competition. Conclusions. In consequence of analysis regarding of Russian`s security services market, we have set the following tasks, what need to be solved: improvement of mechanism of government and legal regulation; development of competitive environment; development of innovative technologies and new types of services; integration of the Russian`s security services market into European and world markets.

Rating Appraisal of Investment Attractiveness of the Region (on the Materials of the Ulyanovsk Region)

Investment attractiveness is a system or a combination of various objective features, facilities, causing the potential payments in the aggregate demand for investment in the region forms of two components: investment potential and investment risk. The article is devoted to the evaluation of the investment attractiveness of region (for example Ulyanovsk area). The main vector of this evaluation was the analysis of region’s position in the rating of investment attractiveness. Analysis. Authors on the basis of research by the rating agency «Expert RA» by subjects of the Russian Federation analyzed the regions position of the Volga Federal District in the investment potential and investment risk since 2005 to 2011, identified the regions as leaders and outsiders, focusing on the variation of factors of potential and risk «regions-competitors» of Ulyanovsk region. The study of regions positions of the Volga Federal District according to Rosstat ranking of the capital investments per capita allowed us to subdivide regions into four groups depending on changes in existing positions after the crisis of 2008–2009. Besides the article briefly describes two other rankings: Forbes rating of the best regions for Business which included six regions of the Volga Federal District and the «RIA-Analysis» ranking of regions by dynamic of investment in human capital. In paper made a detailed analysis of the dynamics of the factors of the investment potential and risk of the Ulyanovsk region. Conclusions. Without changes in the structure and quality of investment in the Ulyanovsk region in the direction of creating high-tech jobs and improve the quality of the energetic use of labor, its competencies, skills, knowledge, ability to hold conquered positions will be lost in the medium term.

National Research Universities as a Factor of Region Innovative System Development

The role of scientific research institutions in the development of the region’s certainly much more difficult to determine the specific development in the innovative aspect as a factor in the competitiveness of the region, this article examines the role of research institutions is to develop an innovative component of the region and provides a system for performance evaluation. Theoretical analysis. Innovative development of the region is represented in the article as a system, is used both a systematic approach to the study of this aspect. Through a series of functions of the system examines the factors that contribute to the implementation of its system functions and tasks. In this article are allocated and subsystems overall structure of the theoretical division, and an example of combining these sub-systems within an organization in practice. Results. The result of the study is to construct an algorithm of sequential actions in the evaluation of innovative building and development in general. Application of theory to practice through the unification of the four sub-regional innovative development within an organization and classification proposal of indicators to assess the development potential of the region.

About Income Inequality in Russia Nowadays

Nowadays in Russia strongly negative impact on effective development of country has low incomes of significantly large number of citizens and also income inequality. With the current income inequality level Russia is in group of developing countries, what negatively influence on economic growth of country. The author describes theoretical issues related to the income inequality, actual level of Russian income inequality. Methods. Income inequality research is not possible without one of the analysis methods – analysis, found on incomes by selective investigation of households budgets. Distribution of people by the average income allow to compare prosperity of different people groups. Close attention focus on low-income groups of people which need a social government policy. Results. As a results of author research became the definition of income inequality, an analysis of income inequality indicators in Russia nowadays. The author considered as the main nowadays tendencies gradual reduction of Russian population with incomes below cost of living and at the same time rising of rich people quantity in structure of Russian population. 

Modeling of Development of Investment Activity Economic Entities in the Modernization of the Modern Russia

Modernization of the economy is not just economic growth, but a new quality content of the process. Laying the foundations of renovation economy is impossible without investment processes, depending on the degree of intensity of the investment activity of all economic entities, but growing under different scenarios. Theoretical analysis. Fundamentals of theoretical and methodological search of the model are inability to use the monetarist models to predict the development of this process; need to search for other models of this prediction, identification of sources of investment processes, that is the material basis of the investment activity economic entities and the orientation of the economy on the most current trends of investment activity. Results. The modernization of the Russian economy is based on the capitalization of investment advantages, investment requires the identification of points of growth in every segment of the economy, every industry, taking into account the priorities of socio-economic development of the country. At present, there implemented targeted investments that are not related to the organic system and occurs the point modernization of the economy. Conclusions. Effective modeling of investment activity requires an environment conducive, this development (minimally-necessary and sufficient), strengthening the state’s role as a major player in the market of innovative investments in the period of post-crisis growth, and the need to overcome the effect of corrective investment crowd out innovative developments

Government Support for Innovation Activity

The article discusses the public support for innovation are considered public institutions infrastructure to support small and medium-sized businesses, operating in the sphere of innovation, regulations designed to promote the commercialization of intellectual property. Methods. The analysis is of the institutes infrastructure to support small and medium enterprises in the sphere of innovation, analyzes legal acts, in particular the federal level to promote the commercialization of intellectual property, on the basis of a comparative approach describes the programs of public support for innovation. Results. As a result of subsequent events are offered to enhance the innovation activities of Russian companies is deemed to be using the results of intellectual activities to build an economy based on knowledge.

System Approach to the Professional Orientation in Region

The professional orientation of the population (POP) is considered as one of the key factors in the formation of a civilized labor market, maintenance of a rational employment, creating conditions for improving the quality of working life for able-bodied citizens. The article raises a problem of the assessing quality of the realization of this system at the regional level. Theoretical analisis. selection of a systematic approach for the analysis follows from the name of the system. POP is considered as a set of interrelated components which has resources as input, target as output, the connection with the environment and feedback. Considering of POP begins with human resources which as a result should acquire new qualities that allow them to reach optimum combination of personal desires and social needs in the field of the professional employment. Research description. We conducted a survey of 11 experts who were asked to describe the POP in the Saratov region using two parameters: the degree of scientific, administrative and informational involvement of the subjects of career counseling, and the nature of the interaction between an POP subjects. Results. The results of the study indicate that POP of the Saratov region from the system position is not highly effective because the main principle of the integrity has not been considered. Subjects of the career counseling that form it aren’t bound together closely. There is an imbalance in the scientific, administrative and informational supplying in the work of individual subjects of career counseling. Therefore, the ultimate efficiency of POP is low. Conclusions. It is necessary to study POP from the standpoint of an interdisciplinary approach to create the basis of the development of principal federal programs and federal model system for career guidance for implementation in the Russian Federation with a regional focus, to develop an arrangement of legal and management solutions that will coordinate the cooperation of all subjects of POP. 

Tansformatsiya Spatial Organization Management and Settlement of Modern Russia

The current spatial organization of the economy and resettlement in modern Russia is an important limiting factor of economic development. Hence the importance of the search for new variants of configuration changes of the spatial organization of economy and resettlement with the purpose of increase of efficiency of functioning of the national economy of Russia. Theoretical analysis. The analysis of the study relies on a theoretical basis, developed by Russian and foreign scientists, allowed to specify the problems of economic and social development of regions and the national economy, in General, associated with existing spatial organization of the economy and the resettlement in Russia. Results of the study. Designing spatial organization of the economy and resettlement in modern Russia should take into account existing main areas of investment and innovation in regional development. It is assumed that the most effective variants of spatial organization of the economy and resettlement in modern Russia, take into account the peculiarities of its development may be: transformation of the territorial-industrial complexes; development of regional industrial clusters; creation of economically developed areas; the creation of development corridors between growth poles. Conclusions. Formed negative factors and tendencies of development of economy of Russia related to the existing spatial organization of economy and resettlement however, theory and practice suggest the existence of different variants of solving this problem, both in individual regions and the country as a whole.

Contemporary Problems of Economic Security of Russian Regions

 In the conditions of reforming of Russian economy when the change of governing system takes at times rather difficult forms, a special attention should be drawn to the problem of economic security of Russian regions. The article studies the interrelations of the notions «economic security», «economic security of the regions» and «regional crisis situation». Theoretical analysis. The article contains the comparative analysis of crisis situations valuation methods applied at the federal and regional levels. There have been revealed zones of threats to the economic security in resources of strategic focus. The crisis condition of economy and social sphere of regions is formed under the influence of specific manifestations of the following phenomena and processes, able to cause the threats to the national (first economic) security of Russia. The author suggests at the studying of impact character of regional factors of destabilization on the national and economic security of the country, to assess the structural changes in the regional economy not only from the viewpoint of the current market condition but taking into account long-term economic advantages of a certain territory in the whole system of territorial division of labor. Discussion of results. Market transformations without state interference and support of regions of different types, without coordination and regulation in the state interests will lead to the strengthening of disintegrated tendencies, diminish the security of the state and restrict the rights of our citizens. 

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