Management

The paper considers major problems of domestics industrial export development in contemporary conditions of evolution of international division of labors. The necessity of domestic exports by increasing the share of industrial output. The theoretical proposals backed by statistical data characterizing features of the development of domestic exports. The main directions of domestic industrial export stimulation are offered. 

The pace of development of the service sector needs the thorough study of the mechanisms of managing this particular segment of national economy. The authors of the article characterize the economic mechanism of managing service sector and describe the techniques and tools of management.

The paper is about problems and essential characteristics of the board of directors in Russian corporations. The author offers directions of improvement of the board of directors activity according strategy and control functions; advise to improve professional and personal qualities of directors, change an order of the work, and to improve the control and recompense system of the directors.

Introduction. To stably receive a high enough retirement in the future, the individual should early start to make pension savings and efficiently and deliberately be engaged in pension schemes not only to return but also to increase his/her savings. For this, pension savings schemes should be analyzed from the viewpoint of personal preferences and effective interest rates, and the risks of possible losses due to the activity of pension funds should be taken into account. The aim of this work is to develop recommendations for the individual to play an active role in the management of his/her pension savings and offer a mathematically-based model for making decisions on the structure of savings. To achieve this object, a version of pension savings is considered on the basis of preliminary analysis of pension funds’ performance indicators and making decisions on entering pension schemes by comparison of the investment risk (due to instable financial indicators) and the effective interest rate of the pension scheme selected. Methods. A number of new mathematical models of pension schemes and a new method of pension savings optimization on the basis of the uniform distribution of the risk of investment are proposed. Results. A model example of pension savings is provided with the account of the equitable distribution of the investment risk in three funds. Conclusion. To reduce risks, the participant himself can manage his/ her savings portfolio, entering several pension funds simultaneously and taking into account his/her assessments of profitability and risks. For this, it is desirable to develop an investment risk estimation system. It is advisable to take an appropriate effective interest rate as the profitableness of a pension scheme. The work presents a mathematical model for the management structure of pension savings and demonstrates its application. The obtained solution on the structure of savings can remain unchanged for a number of years, and may vary by reviewing main parameters and indicators of the risk of pension schemes.