scholarly journals Regularities of transformation of economic power in the conditions of the global crisis

2020 ◽  
Vol 69 ◽  
pp. 9-21
Author(s):  
B. D. Storoschuk
Keyword(s):  
2009 ◽  
Vol 39 (157) ◽  
pp. 645-662 ◽  
Author(s):  
Hanna Al-Taher ◽  
Matthias Ebenaus

Against the backdrop of the Global Economic Crisis India's neoliberal elites initially argued, that its economy was safely decoupled from that of western countries, giving way to the fashionable 'decoupling theory': The evolving debate centered on whether or not, and later on how, India would be affected by the global crisis, but failed to recognize that any analysis attempting to grasp the current development fully, must not only connect the crisis to the economic development preceding it but also consider effects beyond the economy's internationalized sectors. We argue that while the economic crisis does affect India's internationalized economic segments adversely, particularly via the channels of foreign trade, international capital flows and availability of credit, the majority of the Indian population suffers from social crises, rooted in the country's economic strategy and expressed through agricultural distress combined with precarious employment conditions, which have persisted for much longer than the current global crisis. The majority of the population which suffered from 'Incredible India's' 'predatory growth' will have to carry the burden of its economic recovery and continued pursuit of the status of a major economic power.


2014 ◽  
pp. 4-32 ◽  
Author(s):  
V. Mau

The paper deals with Russian social and economic development in 2013 and prospects for the next year or two. The author discusses the logic and trends of the global crisis started in 2008. This is the basis for further analysis of current Russian economic performance with special emphasis on the problem of growth rates deceleration. Special attention is paid to economic risks and priorities of economic policy.


2008 ◽  
pp. 27-45
Author(s):  
A. Libman

The paper surveys the main directions of political-economic research, i.e. variants of economic and political approaches endogenizing political processes in economic models and applying economic methods to policy studies. It analyses different versions of political-economic research in different segments of scientific community: political economics, evolutionary theory of economic policy, international political economy, formal political science and theory of economic power; main methodological assumptions, content and results of positive studies are described. The author also considers the role of political-economic approach in the normative research in economics.


2011 ◽  
pp. 19-33
Author(s):  
A. Oleinik

The article deals with the issues of political and economic power as well as their constellation on the market. The theory of public choice and the theory of public contract are confronted with an approach centered on the power triad. If structured in the power triad, interactions among states representatives, businesses with structural advantages and businesses without structural advantages allow capturing administrative rents. The political power of the ruling elites coexists with economic power of certain members of the business community. The situation in the oil and gas industry, the retail trade and the road construction and operation industry in Russia illustrates key moments in the proposed analysis.


2011 ◽  
pp. 99-118
Author(s):  
Yu. Olsevich

The article analyzes the psychological basis of the theory and economic policy of libertarianism, as contained in the book by A. Greenspan "The Age of Turbulence", clarifies the strengths and weaknesses of this doctrine that led to its discredit in 2008. It presents a new understanding of liberalization in 1980-1990s as a process of institutional transformation at the micro and meso levels, implemented by politicians and entrepreneurs with predatory and opportunistic mentality. That process caused, on the one hand, the acceleration of growth, on the other hand - the erosion of informal foundations of a market system. With psychology and ideology of libertarianism, it is impossible to perceive real macro risks generated at the micro level, which lead to a systemic crisis, and to develop measures to prevent it.


2020 ◽  
Vol 5 ◽  

Department of Biological Chemistry, Ariel University, 40700 Ariel, Israel. The currently roaring corona pandemic can be seen as a leading event in the deadly outbreak controlling the various health facilities and hospitals for years. The nosocomial microbial epidemic kills thousands of people every year in Israel around the world. Hygiene is the culprit for these fatal diseases [1]. And now it seems that the politicians, in macup to take care of the eradication of the disease-causing microbe, are taking advantage of the situation for the purpose of accumulating political capital and additional economic power. There is no escape from fighting the virus and tanning that bring about its reproduction, strengthening and transformation.


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