Sustainable Growth and Development of Economic Systems, 1st ed. 2019 Contradictions in the Era of Digitalization and Globalization Contributions to Economics Series

This contributed volume presents the outcomes of multidisciplinary studies on the problem of sustainable economic development. The key issues addressed here are economic transformation, crisis management, formation and implementation of industrial policy in the innovative economy, and the development of individual industries (oil refining, transport, education, tourism, the financial sector, etc.), as well as the problem of resistance to changes in the economy. Special attention is paid to economic growth under unstable conditions and the impact of digitalization on the development of economic processes.

This book is dividided into five parts, the first of which deals with factors and conditions determining the sustainable development of different socio-economic systems, as well as issues in connection with the post-crisis development of regional economies. In turn, the second part is devoted to an analysis of the innovative development of the economy, risk assessment for innovation projects, readiness for changes and innovations, and various instruments of innovative economic development. Prospects for the digitalization of the economy and the current changes in economic systems caused by digitalization are considered in the third part of the book. In the fourth part, the authors discuss the specific features of labor market development, and professional competencies that will be essential to the sustainable development of the economy. In closing, the fifth part presents sectoral and intra-organizational aspects of sustainable economic development.

PART I. FACTORS AND CONDITIONS OF SUSTAINABLE DEVELOPMENT OF MODERN SOCIO-ECONOMIC SYSTEMS.- Challenges of Corporate Risk Management after the Global Financial Crisis (K. Benetti).- “Hexagon” of Property (S. V. Domnina, S. Y. Salynina).- Have the Lessons about Crisis Processes in the Russian Economy Been Learned? (M. A. Sherstnev).- Modeling the Spatial Organization of the Higher Education System in the Regional Economy (E. V. Bolgova, M. V. Kournikova).- Modern Issues of Development of the Customs and Logistics Infrastructure of the International North-South Transport Corridor (R. V. Fedorenko).- Prospects for the Functioning of the New Customs Code of the Eurasian Economic Union (E. S. Smolina, R. N. Seryomina).- World Economy, Economic Science and Economic Policy: what comes after the Crisis (M. A. Sherstnev).- PART II. PROBLEMS AND DEVELOPMENT PROSPECTS OF INNOVATION-ORIENTED ECONOMY.- Assessed Probability of Risks in Dependence on Innovative Project Description (A .D. Kornilova, N. V. Shekhova, N. N. Belanova, E. V. Savoskina).- Ecology, Innovation and Quality of Life: AB OVO USQUE AD MALA (G. R. Khasaev, N. V. Lazareva, G. E. Kudinova, R. S. Kuznetsova, G. S. Rozenberg).- Empirical Indicators of Innovative Readiness of the Population: Experience of the Application of the Bogardus Scale (A. V. Rostova, Y. A. Urgalkin).- Innovation and Investment Activities in Businesses as a Determining Factor of Development of the Russian Federation (A. M. Mikhailov, G. T. Sabirova, K. V. Shnyakin).- Readiness to Changes as one Entrepreneurial Value of the Innovation-Oriented Economy (S. I. Ashmarina, V. V. Mantulenko, E. P. Troshina).- PART III. PROSPECTS FOR THE DIGITALIZATION OF THE ECONOMY.- Comparison of Neural Networks and Regression Time Series when Estimating the Copper Price Development (M. Vochozka, J. Horák).- Evolution of the Venture Investment Market in the Information Economy of Russia (S. V. Domnina, O. A. Guzhova, N. V. Kozhukhova, Yu. A. Tokarev).- Influence of Information Technologies on Production Efficiency: Estimation on the Basis of Algorithms for Machine Learning (O. V. Bakanach, N. V. Proskurina, N. P. Persteneva, M. Yu. Karyshev).- Logistics 4.0 (T. E. Evtodieva, D. V. Chernova, N. V. Ivanova, N.S. Kisteneva).- Transformation of Household Consumption in the Conditions of Transition to the Information Economy (Yu. A. Tokarev, O. V. Bakanach, N. P. Persteneva, N. V. Proskurina).- Using Artificial Intelligence in Analysing and Predicting the Development of Stock Prices of a Subject Company (V. Machová, M. Vochozka).- PART IV. SPECIFIC FEATURES OF THE MODERN LABOR MARKET DEVELOPMENT.- Analysis of European Approaches to Improving the Life of the Population through the Implementation of a Mechanism of Independent Assessment of Qualifications (E. P. Pecherskaya, V. V. Klimuk, T. M. Tarasova).- Differentiation of Regional Labor Markets: New Risks and Opportunities for Smoothing (M. V. Simonova, F. I. Mirzabalayeva, L. V. Sankova).- Sectoral Framework of Qualifications as a Tool for the Integration of Educational and Business Spheres of Russia (E. A. Mitrofanova, A. E. Mitrofanova, M. V. Simonova).- PART V. SECTORAL ASPECTS OF SUSTAINABLE ECONOMIC DEVELOPMENT.- Analysis of the Precious Metals Market in Russia as a Component of the Global Financial Market in Modern Conditions (M. E. Konovalova, O. Y. Kuzmina, E. S. Nedorezova, S. Y. Salomatina, A. M. Mikhaylov).- Assessing the Financial Health of Companies Engaged in Mining and Extraction Using Methods of Complex Evaluation of Enterprises (J. Vrbka, Z. Rowland).- Effective Development Mechanism of Companies in the Communal Services Sector in Modern Conditions (N. V. Nikitina, V. V. Chaadaeva, A. A. Chudaeva).- Investment Development of Enterprises of Industrial Clusters (A. V. Zastupov).- Monitoring the Financial Security of the Economic Subject on the Basis of Financial Risk Assessment (O. A. Naumova, I. A. Svetkina).- Organizational and Economic Problems of Systemic Modernization of Enterprises of the Machine-Building Complex (A. B. Vishnyakova, B. Y. Tatarskikh).- Development Problems of the North Caucasus Recreational and Tourist Cluster in Russia (V. I. Barilenko, J. M. Tsugalov, N. N. Semenov, T. D. Krylova).- Technological and Economic Justification of Development Tendencies of the Russian Petroleum Refining Industry (A. V. Streltsov, G. I. Yakovlev).

Analyzes the impacts of digitalization and globalization on various sectors and economies

Presents the results of recent economic studies from Russia and Central Europe

Searches for effective ways of adapting to new economic realities