scholarly journals The Role of OECD Corporate Governance Principles in the Integration of Commonwealth of Independent States Countries to the World Economy

Author(s):  
Naim Ata Atabey ◽  
Halenur Yılmaz ◽  
Merve Öztürk

The founding members of The Organization for Economic Co-operation and Development (OECD) consist of mostly the European countries. The organization which is regional in nature and more focused on Europe has global aims like contributing to developments of world trade and economic development of members and other countries in the process of economic development. Corporate Governance Principles published for the first time in 1999 by OECD that can be adapted by each country according to their circumstances, provide guidance to countries in order to achieve the objectives. Corporate Governance Principles mainly focus on the responsibility, fairness, transparency and accountability. Gaining their independence after the dissolution of Soviet Union, the countries established Commonwealth of Independent States. They began to build their economic structures and make their presence felt in the world economy. Some developments like establishment of capital market can be seen as the best example of that effect. For all countries including Eurasia, adapting to the new institutional arrangements for businesses has become more important to continue their existence. Moreover, such integration between the CIS and world countries will contribute positively to developments of economic and cultural relationships. In this respect, enterprises in CIS countries are expected to shape their organizational structure according to international rules and standards. In this paper, the emerging developments of CIS countries due to being member to OECD and their compliance with Corporate Governance Principles, their possible problems and Corporate Governance Principles which is seen as common ground between CIS and world countries are evaluated.

2009 ◽  
Vol 35 (S1) ◽  
pp. 237-256 ◽  
Author(s):  
PAUL KUBICEK

AbstractThe Commonwealth of Independent States (CIS) was designed to manage the collapse of the Soviet Union and foster post-Soviet cooperation in political, economic, and security spheres. Over a decade into its existence, most analysts would rate it a failure: many post-Soviet states do not participate in CIS ventures, the institutional machinery of the CIS is weak, and Russia, the most dominant post-Soviet state, has tended to favour bi-lateral relationships over multi-lateral institutions. Why is this the case? This article looks at the CIS through the prism of theories of regionalism, demonstrating that the CIS was handicapped on many fronts, including emergent multi-polarity in the post-Soviet space and domestic-level political considerations in many post-Soviet states.


Author(s):  
Irina E. Khanova ◽  

The article reviews the last (December 4, 2020) meeting of the Forum of principals of the humanities universities and deans of the humanities faculties of member states of the Commonwealth of Independent States, which coincided with the thirtieth anniversary of the Commonwealth. The main source is the shorthand report of the Forum online meeting. By pointing out that the Forum was attended by representatives of seven member coun- tries of the Commonwealth of Independent States (Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, Belarus, Moldova and Armenia), the author reports that the plenary panels of the Forum discussed new forms of cooperation in the pandemic, the issues of using digital technology in the humanities education and the development of distance learning methods. Stating that the coronavi- rus pandemic that broke out on the cusp of the years 2019 and 2020 was the greatest challenge to the world education and science, forum participants could not but discuss the mental state of students, teachers and researchers who have continued to perform their duties under the force majeure conditions. The participants of the Forum made a point of the ever-increasing role of modern media, which act nowadays as specific tool for building a common scientific and educational space in the post-Soviet region.


2019 ◽  
Vol 65 (No. 4) ◽  
pp. 160-174 ◽  
Author(s):  
Csaba Csaki ◽  
Attila Jambor

The agriculture of Central and Eastern European (CEE) countries as well as of the Soviet Union was an often studied area in the 1970´s and 1980´s among agricultural economists. After the system collapse, the transition of the agricultural sectors of these regions has gained importance. However, around the millennium, this topic was less studied. This paper aims at analysing the agricultural performance of CEE and Commonwealth of Independent States (CIS) countries between 1997 and 2016 and identifying whether the system change and transition have brought changes and convergence in agricultural productivity to EU-15 levels. In doing so, the paper uses convergence theory and associated methods (Kernel density and Markov transition probability) to underpin its arguments. Results suggest that CEE and CIS countries have experienced a limited convergence to Western-European standards. However, there still exists a significant performance gap between the two regions with CEE countries standing closer to EU-15 averages. Reasons behind diverging performances are numerous as discussed at the end of the paper.


2012 ◽  
Vol 12 (2) ◽  
pp. 72-89
Author(s):  
Krzysztof Kompa

Abstract After the disintegration of the Soviet Union several new states were founded, and majority of them created the Commonwealth of Independent States (CIS) while three Baltic states decided about independent path of development so now they are member states of EU. The aim of the paper is to evaluate the level of economic development of 10 countries, that previously were Soviet Union republic. The evaluation procedure is provided applying taxonomic indicators constructed on the basis of 12 variables observed for each country in years 1995-2009. Aggregated measure values are used to classify the investigated states into four classes containing countries with similar level of economic development.


Author(s):  
GALBRAITH JAMES KENNETH ◽  

Convergence theory did not develop as its authors expected in either the United States or the Soviet Union, but the core principles nevertheless guided the economic development of the countries now emerging as the industrial powerhouses of the world economy, notably Germany, Japan, Korea and the People’s Republic of China.


Author(s):  
Yunus Serhat Çayır

In this study, Turkey is compared to the Central and Eastern Europe (CEE) countries and the Commonwealth of Independent States (CIS) countries with regard to the population trends by means of data from HDI Report developed by UNDP. Population trends include total population, population annual growth, urban population, median age, total dependency rate, total fertility rate in HDI. The data indicates that the rate of median age in Turkey is lower than CEE countries and many of Commonwealth of Independent States (CIS) in 2010. Moreover, the rate of total fertility is higher in CIS countries than in the CEE countries in 2012. The rate of annual growth of population is lower in CEE countries than in the CIS countries in the period of 2000/2005 and 2010/2015. Only Turkey has tendency to reduce the rate of annual growth of population among CIS countries. Total dependency rate is higher in CIS countries (%46) than in the CEE countries (%44) in 2012. With %46.8 an overall dependency rate Turkey is located in the middle range among CIS countries. Urban population rate (% of total) is lower in CIS countries (%54, 69) than in CEE countries (%61.45) in 2012. Tajikistan has the lowest urban population rate among the CIS and CEE countries. Turkey’s (%72, 5) urban population rate is located in one of the top positions among CIS and CEE countries.


2018 ◽  
pp. 16-24
Author(s):  
P.A. Leous

The aimof the research. Assesinng prevalence оf dental caries and commong risk factors among school age cildren in the Commonwealth of Independent States (CIS countries) in order to base recommendations to improove the primary prevention. Objects and methods. Meta-analysis оf the dental literature and own research data on the analytical epidemiology on dental caries in cildren. Results and discussion. In the most CIS countries, a reduce dental caries trend was observed in recent 20-25 years due to the Prevention Program which was introduced in 1988. However, dental caries level in CIS is much higher оf the best international standards. Conclusion: The challenges in promotion оf primary prevention in CIS countries should be an exchange оf experience and use оf the WHO recommendations.


Author(s):  
Fahriye Öztürk ◽  
Sıtkıcan Saraçoğlu ◽  
Işın Kortan

Our paper aims to quantify levels of competitiveness of the selected Commonwealth of Independent States countries(Belarus, Moldova, Russia and Ukraine) and Turkey in vegetables and fruit sector and sub-sectors during the 1995-2012 period with respect to world market. Because only these CIS countries have prolonged annual data for vegetables and fruit sector in this period, these countries are selected for our paper. Our paper uses export and import data obtained from UNCTAD database and the data set covers the period of 1995 to 2012. To investigate competitiveness of these five countries five indexes are calculated: The Relative Comparative Advantage Index (RCA), The Relative Export Advantage Index (RXA), The Relative Import Penetration Index (RMP), The Relative Trade Advantage Index (RTA) and The Revealed Competitiveness (RC). Our findings indicate that Moldova and Turkey have high comparative advantage in vegetables and fruit sector than Belarus, Russia and Ukraine with respect to the world market. The comparative advantage level of Turkey has decreasing trend during the 1995-2012 period. The import penetration of Moldova has been higher level than Turkey which can be said as her rival.


2003 ◽  
Vol 8 (4) ◽  
pp. 238-251
Author(s):  
Victor F. Petrenko ◽  
Olga V. Mitina ◽  
Kirill A. Bertnikov

The aim of this research was the reconstruction of the system of categories through which Russians perceive the countries of the Commonwealth of Independent States (CIS), Europe, and the world as a whole; to study the implicit model of the geopolitical space; to analyze the stereotypes in the perception of different countries and the superposition of mental geopolitical representations onto the geographic map. The techniques of psychosemantics by Petrenko, originating in the semantic differential of Osgood and Kelly's “repertory grids,” were used as working tools. Multidimensional semantic spaces act as operational models of the structures of consciousness, and the positions of countries in multidimensional space reflect the geopolitical stereotypes of respondents about these countries. Because of the transformation of geopolitical reality representations in mass consciousness, the commonly used classification of countries as socialist, capitalist, and developing is being replaced by other structures. Four invariant factors of the countries' descriptions were identified. They are connected with Economic and Political Well-being, Military Might, Friendliness toward Russia, and Spirituality and the Level of Culture. It seems that the structure has not been explained in adequate detail and is not clearly realized by the individuals. There is an interrelationship between the democratic political structure of a country and its prosperity in the political mentality of Russian respondents. Russian public consciousness painfully strives for a new geopolitical identity and place in the commonwealth of states. It also signifies the country's interest and orientation toward the East in the search for geopolitical partners. The construct system of geopolitical perception also depends on the region of perception.


2020 ◽  
Vol 10 (5) ◽  
pp. 43-49
Author(s):  
MARINA MARKHGEYM ◽  
◽  
ANNA BEZUGLAYA

The article presents the author’s analysis of constitutional texts, regulations and analytical materials of the countries of the Commonwealth of Independent States in order to consolidate in them the consolidated powers of the chambers of parliaments associated with the implementation of food security. Analysis of legal acts of the studied group of states showed that the sphere of food security (as part of the agrarian and food sphere/function) is one of the eventual spheres of interaction between the chambers of parliament. In the course of the study, two approaches of states to the formalization of provisions related to food security in constitutional texts were identified. The first approach is to consolidate norms that indirectly affect the field of food security (Belarus, Kazakhstan, Russia); the second - in the absence of such provisions (Tajikistan and Uzbekistan). It has been established that the interaction of the chambers of parliaments in the field of food security is implemented through the adoption of laws, as well as through various parliamentary events (parliamentary hearings, round tables, seminars, meetings, etc.). It is concluded that the available options for interaction between the chambers of parliaments of states in the field of food security reflect their independent approaches, which are developed on the basis of legal doctrine and practice.


Sign in / Sign up

Export Citation Format

Share Document