This proceedings book reflects the alternative way of development of the modern global economic system. It sets evolutionary development in opposition to revolutionary leap. The search for the best way to develop the world economy in the present and future is carried out. The social environment and the human-centered development of the modern global economic system have been explored. The features of training of personnel for the modern global economic system through the development of vocational education and training have been studied. Sustainable development, energy and food security have been identified as significant milestones of the progress of the modern global economic system. Innovations and digital technologies have been suggested as the drivers of growth and development of the modern global economic system. Consideration has been given to the institutional framework and legal groundwork for the development of the modern global economic system. The fundamentals have been identified and recommendations have been put forward for improving governmental regulation, financial and capital investment support for integration in the modern global economic system. The book includes the best works based on the results of the 22nd International Research-to-Practice Conference “Current Issues of the Global Economy” which was held on June 19, 2020, at the Peoples’ Friendship University of Russia (PFUR) (Moscow, Russia) and the 14th National Research-to-Practice Conference “A New Paradigm of Social and Economic Development in the Age of Intelligent Machines,” which was held on May 14–16, 2020 (Nizhny Novgorod, Russia), VIII International Research-to-Practice Conference “Multipolar Globalization and Russia,” which was held on May 21–23, 2020 (Rostov-on-Don, Russia), III All-Russian Research-to-Practice Conference “Power, Business, and Education: The Ascent to Man,” which was held on May 21–22, 2020 (Krasnoyarsk, Russia), International Research-to-Practice Conference “Current Issues and Ways of Industrial Development: Engineering and Technologies,” which was held from September 28, 2020, till October 1, 2020 (Komsomolsk-on-Amur), and the 15th National Research-to-Practice Conference “New Models of Behavior of Market Players in the Conditions of Digital Economy,” which was held on October 29–30, 2020, at Ufa State Oil Technical University, Institute of Economics and Service (Ufa, Russia). The target audience of the book consists of scholars studying the features of development of the global economic system at the present stage and the prospects for its future progress.
This book discusses fusion of technology and body of knowledge through elaboration of theoretical concepts and conceptual frameworks to ensure the economic growth of the Russian Federation by utilizing the huge potential for innovation and entrepreneurship in Russia. The book presents recent research to solve the most challenging problems facing digitalization in the field of entrepreneurship in the country. Some of them need specialized personnel training; the considerable financial resources needed for the maintenance of digital technologies; how to market enterprises and organizations; and financial instruments designed to support industrial development. The proposed results will create the conditions for a systemic approach to tilting towards supporting new ventures through an improved regulatory framework—currently virtually absent in the field of entrepreneurship at the national level. The book defines prospects for investment in renewable energy sources, circulation of energy resources, and energy efficiency improvements to gain positive economic effects from the introduction of new technologies.
This book presents body of knowledge on the economic, social and environmental impacts of the new Industry 4.0 technology use in view of regulating the related risks to ensure inclusive and sustainable growth in the Post-Soviet and selected developing countries while transition to a new technological order. The book brings together collected empirical evidence and pilot innovative research projects run by the author team that illustrate functional abilities, application potential and challenges of Industry 4.0 key enabling technologies (e.g., artificial intelligence, neural networks, blockchain, nanotechnology, etc.) and provides useful applied recommendations on managing the risks of their use in order to achieve economic growth fairly across society in the developed and developing countries. It presents suggestions to improve national legislation and existing economic regulations, which would also ensure boosting scientific research and training highly qualified personnel in computer, economic, administrative, legal and social sciences at the advanced universities and research institutions in the Post-Soviet area.
Current Problems of the World Economy and International Trade reveals the determinants of competitiveness and drivers of economic growth of individual countries provides useful applied advice on post-crisis recovery and the development of the world economy and international trade in the post-pandemic period.
This book presents a systemic view of the global environmental economy under the conditions of climate change from the positions of Sustainable Development Goals. The purpose of the book is to study the current problems of the global environmental economy under the conditions of climate change and to determine the prospects of its sustainable development (systemic support for the SDGs). This goal predetermines the logic and structure of the book, which is comprised of five parts. Part I presents the authors’ novel view of the global environmental economy under the conditions of climate change from the positions of the SDGs. It reflects the contradiction and describes the path of preserving economic growth during the implementation of SDG 13. The COVID-19 pandemic and economic crisis are considered as the result of the reduction of biodiversity under the conditions of climate change from the positions of SDG 3. Responsible innovations, eco-friendly products, and green trade are presented as trends of the environmental economy under the conditions of climate change to support SDG 12. Green jobs are analyzed in the environmental economy under the conditions of climate change during the implementation of SDG 8. The significance of social inclusivity and reduction of the inequality of the environmental economy under the conditions of climate change to support SDG 10 is noted. Part II elaborates on the sectoral specifics of the influence of climate change on the environmental economy: energetics, finance, industry, state management, and agriculture. Part III presents and discusses the international experience of development of the environmental economy under the conditions of climate change given the specifics of developed and developing countries and based on the case experience of Central Asia, the EAEU, and Russia. In Part IV, technological transition (Fourth Industrial Revolution) is offered as a perspective response of the global economic policy to climate change. Scenarios of the fight against climate change in the Decade of Action depending on the scale of the technological transition are described: digital economy vs Industry 4.0 and Society 5.0. The perspectives of the technological transition at the level of companies (creation of cyber-physical systems of Industry 4.0; green digital innovations and smart ESG finance) and regions (smart region as a socio-economic environment with large adaptability to climate change) are described.
This book describes the current innovative tendencies characteristic of multifaceted scientific research and practical developments in the field of international business development and sustainable management. This book shows how companies are forced to change development strategies and business models, which actualizes new priorities for scientific research in the field of international business and sustainable management. Therefore, completely new subject areas of research are being formed; management guidelines are being transformed; new business development tools are being developed; the very system of academic research is changing. This book “Innovative Trends in International Business and Sustainable Management” is devoted to the discussion of these and other issues related to all major areas of international business development and sustainable management. This book systematically describes multidimensional trends, challenges, and opportunities for the development of international business and sustainable management in the context of a global pandemic. In this sense, it is unique and relevant for both scientific researchers and modern business practitioners. This book uniquely highlights new priorities of scientific and practical research in the field of international business and sustainable management that require a systematic knowledge of the ongoing transformations of trends, challenges, and opportunities for the development. Aimed at scholars and practitioners, the book provides illustrations of international best practice for conducting business beyond borders. The main goals of the book are firstly to provide opinions on current innovative approaches and technologies for solving modern problems of international business, as well as on the formation of a multi-level system of sustainable management of the socioeconomic systems’ development, secondly, to integrate research from academia, as well as practitioners in order to form priorities, approaches and models of company management in the context of globalization, strategies for the development of management systems in the context of the “new reality”, thirdly, to find the most relevant new areas of research, the results of which can be useful to companies for making management decisions, and concludes to analyze new tools for the development of international business, their capabilities, and areas of application
This two-volume book examines the most important global problem—the recovery of the social-economic crises due to the COVID-19 pandemic. This economic crisis has its own basis and differs from others by the lockdown of most businesses on the decision of authorities. The uncertainty of the future economic revival obliges scientists around the world to unite in search of effective solutions that will become the basis for prosperity and human wellbeing. The death of millions of people around the world, several waves of coronavirus, and a global pandemic have forced most states to seek extraordinary measures to save people and revive economic activity. The world economy experienced a global shock, probably never experienced before due to lockdowns. The disruptions and gaps in the value chains were primarily caused by the lockdowns of enterprises. The change in the essence of the economic crisis has raised the question of how to overcome it and revive economic activity. The crisis caused a sharp decline in incomes of the population around the world, which led to social upheavals. Post-COVID economic revival in a globalized world has become the most important problem of our time. This book offers contributions of authors from different countries and explores problem solving in the fields of public administration (Volume I, Part I), financial services (Volume I, Part II), different branches (Volume II, Part III) and the social sector (Volume II, Part IV). The first volume discusses governmentality, public, and corporate management. The second part of the volume reveals the trends in the development of the financial sector in the post-COVID period. Despite the fact that the book is divided into two volumes and four parts, a holistic and systematic perception of the new reality of the post-COVID age can be obtained by reading the entire book. This book will be of interest to academics and practitioners in public administration and economics, particularly those who are interested in Post-COVID economic revival.
This book focuses on digital institutions and the advanced technologies used on their basis, as well as their contribution to sustainable development in the unity of seventeen SDGs formulated by the UN, which is sequentially disclosed in six parts of the book. This book is dedicated to comprehensive coverage of the role of the digital economy in sustainable development and the offering of a set of scientific, methodological, and practical recommendations to increase the scale and effectiveness of this role. The first part explores the training of digital personnel for sustainable development, the second part reveals the regional features of Russia, and the third part describes the industry specifics of using digital technologies in entrepreneurship in support of sustainable development. The fourth part deals with financial, organizational, and managerial issues of using digital technologies in entrepreneurship in support of sustainable development, the fifth part is devoted to security, international factors, and risks, and the sixth part deals with the legal framework and state regulation of digital technologies and sustainable development institutions. The novelty of the book lies in its reliance on an institutional approach that allows rethinking and systematically studying the contribution of the digital economy to sustainable development. The book is aimed at scholars who will find in it an institutional understanding of the digital economy’s support for sustainable development and ways to improve it. The secondary target audience of the book is the subject of managing the sustainable development of the digital economy. For them, the book contains relevant and illustrative examples from practice and applied recommendations.
This book presents an international review of the modern geo-economy and a scientific take on the geo-economy of the future. It identifies the challenges of climate change and their impact on the modern geo-economy. Prospects for the geo-economy of the future are outlined based on sustainable agriculture and alternative energy. Policy implications are put forward to develop a geo-economy of the future in response to the challenges of climate change. The book presents management implications for the development of the geo-economy of the future in response to the challenges of climate change at the regional and global scale. It presents the lessons-learned through the COVID-19 pandemic, and applies experiences of countries with different environmental conditions for agriculture and the development of the energy sector. Based on these results, advanced practical recommendations and ready-made frameworks at the national, regional, and enterprise level are provided.
With a focus on the European labour market, this book seeks to understand how digital transformation affects changes in employee-employer relations. These consequences include shifts in job security and job flexibility as well as alternative work arrangements in the digital economy. This phenomenon has both positive and negative implications for employees and employers. The book presents a theoretical, conceptual and empirical analysis of employment relations in the digital economy, which are manifested, among others, in flexible or non-standard forms of employment, contract work and a radical shift from position-based to skill-based work. The approach taken in the book provides researchers and students of economics, business and other social sciences with an overview of interdisciplinary theoretical and conceptual perspectives and frameworks on labour market and employment relations. In particular, it presents a comprehensive range of research on flexible forms of employment in the digital economy. The range of issues covered is also tailored to business practitioners who wish to understand the ongoing changes in employment relations and the emergence of new forms of work as a result of digital transformation. It will also be of value to representatives of labour market institutions involved in implementing new forms of work and employer-employee relationships in Industry 4.0.
This book substantiates the transformation processes in the system of modern entrepreneurship in the conditions of formation of Industry 4.0. The authors develop a scientific concept of business 4.0, determine the specific features of business 4.0 and current problems and perspectives of its development in developed and developing markets, study the infrastructural provision of business 4.0 in view of its sectorial specifics, outline the perspectives and recommendations in the sphere of development of business 4.0, and offer the scientific and practical recommendations for state and corporate management.
This book presents contributions of intelligent management theories and models for a more effective management of sustainable business practices in competitive, profitable and socially responsible organizations. It communicates the latest developments and thinking on the sustainability and intelligent management subjects worldwide, increasing the knowledge and effectiveness of all those involved in these areas whether in the profit or non-profit sectors or in the public or private sectors.