Abstracts of Main Articles

«Strategy 2020» — Anti-Modernization Document

Author

Glaziev S.Yu., full member of RAS

Abstract

The author`s interview to the Journal editorial staff is sharply critical of the final version of «Strategy 2020 report: growth model — a new social policy» prepared by a big team of radically liberal-minded experts headed by rectors of RPAN&PA and SU-HSE. It is argued that an alternative «Strategy 2020», entitled «Concerning Russia`s Economic Development Strategy» developed by scientists from the Economics Section of Social Sciences Department of RAS, can act as an actually modernization conceptual document (the interview author`s comment on it was published in No. 4 of «Russian Economic Journal» for 2011).

Key words

Strategy 2020, Concerning Russia`s Economic Development Strategy, long waves, technological modes, priority growth, catch-up development, radically liberal approach, inflation targeting, structured industrial policy

Dismal Social Results of Twenty Years of Capitalist Transformation in Russia

Author

Bobkov V.N., Sc.D. (Economics), Professor, honoured master of sciences of RF, Head, All-Russia Center of Living Standards

Abstract

The article, summarizing an extensive set of statistical facts and literary sources, presents estimated social results of the past twenty years of reforms including characteristics of standard and quality of living dynamics. Reviewed are changes in employment and employee wage distribution, and those for population in terms of income used for consumption and housing supply. Also, subject to analysis are demographic trends and processes in educational area.

Key words

employment instability, employee wage distribution, population distribution in terms of income used for consumption and housing supply, socio-economic inequality, reproduction of population, depopulation, education reform, degradation of social area

«information Society»: Theory and Practice of Its Evolution in the World and in Russia. Article 5. Spatial Aspects of ICT Dissemination: the Process and Results of Russia Regions and Cities Computerization (Ending)

Author

Shvetsov A.N., Sc.D. (Economics), Professor, Deputy Director, Institute of Systems Analysis, RAS

Abstract

Wrap-up of the article, whose beginning and abstract were published in No. 6 of «Russian Economic Journal» for 2011 (its sequel saw print in No. 1 for 2012)

Key words

(apart from those presented in previous issues): big Russian cities, regional capitals, computerization in Moscow, «Electronic Moscow» programme (2008—2010, «Information City» programme (2012—2016), spatial aspect of informational inequality, interregional differentiation in the area of computerization

Towards Sustainable Growth Through a Fair International Economic Order (a Presentation Made at the 5th Astana Economic Forum)

Authors

Glaziev S.Yu., full member of RAS
Baizakov S.B., Sc.D. (Economics), Professor, research supervisor with the Institute of Economic Studies under Ministry of Economic Development and Trade of the Republic of Kazakhstan (Astana),
Yershov M.V., Sc.D. (Economics), Rosbank senior vice-president,
Mityaev D.A., Ph.D. (Economics), Head, Center for Systems Forecasting,
Fetisov G.G., corresponding member of RAS, Chairman, Council for Study of Productive Forces under Ministry of Economic development

Abstract

A presentation by a team of Russian researchers (in cooperation with Kazakhstan representative) to the 5th Astana Forum including conceptual and program (containing specific suggestions) sections. The authors — winners of the pre-forum contest of recommendations for «G20» on the topic denoted in the title — review it from macroeconomic, technological and institutional perspectives with regard to the feedbacks between regulation areas, and regularities of global long-term technological and economic development.

Key words

sustainable development, new (fair) international order, global financial and economic crisis, global financial architecture, food security, green growth, fighting climate change, transnational corporations, G20, G8, IMF, World Bank, WTO, UNCTAD, ECB, UN, BRICS, Basel III.

PRC Banking System in the 21st Century: Ten Years of Reforms

Author

Novosiolova L.V., Sc.D. (Economics), chief researcher of Institute of Far East, RAS

Abstract

On the one hand, the article defines the achievements of the recent decade in reforming Chinese banking system permitting the country to adapt to the challenges of global economy, minimize the nation`s costs of meeting the world crisis and to strengthen its economic position in the world. On the other hand, it identifies the systems problems and risks pointing to the incompletion of the transformations and to the main lines of subsequent reforming of China`s banking system.

Key words

People`s Bank of China, Big Four of Chinese banks, Industrial and Commercial Bank of China, politically oriented Chinese banks, Hong Kong Stock Exchange, Shanghai Stock Exchange, BRICS.