{"id":1200,"date":"2018-05-29T15:17:03","date_gmt":"2018-05-29T12:17:03","guid":{"rendered":"https:\/\/finbiz.spb.ru\/?p=1200"},"modified":"2018-05-29T15:17:03","modified_gmt":"2018-05-29T12:17:03","slug":"issue-1-2012","status":"publish","type":"post","link":"https:\/\/finbiz.spb.ru\/en\/2018\/issue-1-2012\/","title":{"rendered":"Issue 1, 2012"},"content":{"rendered":"<p>I. <i>Eliseeva<br \/>\n<\/i>On the turn of the Following Year<\/p>\n<p>ECONOMIC THEORY<\/p>\n<p><i>A. Potekhin<br \/>\n<\/i>Corruption at the Roads. Experience of Mathematic Modeling<\/p>\n<p>MACROECONOMIC CALCULATIONS<\/p>\n<p><i>V. Agabekova<br \/>\n<\/i>Inter-age Reallocation of Resources: Methodological Foundations and Practice of Macroeconomic Accounting<\/p>\n<p><i>O. Kolesnikov, O. A. Podkorytova<br \/>\n<\/i>Trade Flows of Russia and World Trade Organization<\/p>\n<p><i>N. Nikiforov<br \/>\n<\/i>What Can the State Statistics Do?<\/p>\n<p><i>\u041e. V. Obukhova<br \/>\n<\/i>Monitoring of HIV Infection in Russia<\/p>\n<p><i>G. Kim<br \/>\n<\/i>Economic Census of SMEs: Organization and Data Processing Problems by the Example of St. Petersburg and Leningrad Region<\/p>\n<p>BANKING<\/p>\n<p><i>Cerrone, M. M. Madonna<br \/>\n<\/i>Financial Consequences and Economic Effects on Banks with the Implementation of SEPA Compliant Payment Services<\/p>\n<p><i>M. Spivachevskiy<br \/>\n<\/i>Multilateral Development Banks: Classification, Essence, and Transformation of the Prerequisites of the Formation<\/p>\n<p>INSURANCE<\/p>\n<p><i>Yu. V. Neradovskaya<br \/>\n<\/i>The Peculiarities of the Estimation of the Level of Solvency of Insurance Organizations<\/p>\n<p>GOVERNMENT FINANCE<\/p>\n<p><i>V. Beskrovny<br \/>\n<\/i>The Improvement of Public Finance in a Region: Transition from Financing Estimated Budgetary to Software Financing Methods<\/p>\n<p>FINANCIAL MARKETS<\/p>\n<p><i>Yu. Korshunov<br \/>\n<\/i>Price Formation in the Real Futures Market<\/p>\n<p>FINANCIAL MANAGEMENT<\/p>\n<p><i>A. Lvova<br \/>\n<\/i>Corporate Bankruptcy from the Perspective of Financial Science<\/p>\n<p>GOODS AND SERVICES MARKET<\/p>\n<p><i>A. Veykher, O. N. Volkova<br \/>\n<\/i>Normalization of the Labor of Employees of Accounting and Economic Services by Survey of Timetable<\/p>\n<p><i>R. Palatnik, H. Faitelson, M. Shechter<br \/>\n<\/i>Israeli policy towards reaching Cancun pledge: A comparison of actions in plan and economically efficient measures<\/p>\n<p><i>N. Drogobytsky<br \/>\n<\/i>Social and Energetic Paradigm of Organizational Management: the Touches to the Portrait<\/p>\n<p>ACCOUNTING AND AUDIT<\/p>\n<p><i>A. Pozov<br \/>\n<\/i>The Modern Approach to Stocktaking: How to Improve the Accuracy of Inventory Records in a Large Enterprise?<\/p>\n<p>BUSINESS ENVIRONMENT<\/p>\n<p><i>F. Mosin<br \/>\n<\/i>The Assessment of the Development of the Russian Tax Law in the First Decade of the 21th Century from the Position of Arbitration Court Statistics<\/p>\n<p>HISTORY OF FINANCE AND ACCOUNTING<\/p>\n<p><i>L. Dmitriev<br \/>\n<\/i>I. Bukovetskiy and the History of Domestic Financial Thought<\/p>\n<p><i>I. Bukovetskiy<br \/>\n<\/i>The Discussion of the Problem of the Financing of a War in the Pre-war Economic Literature<\/p>\n<p><i>V. Eremenko<br \/>\n<\/i>Formation of Accounting of Amortization in Russia<\/p>\n<p>A BOOKSHELF<\/p>\n<p><i>I. Nivorozhkina<br \/>\n<\/i>S. Everitt Big Dictionary on Statistics (The Cambridge Dictionary of Statistics) \/Scientific editor of translation I. I. Eliseeva. 3rd edition. Moscow: Prospect, 2010<\/p>\n<p><i>V. Platonov<br \/>\n<\/i>M. Boutang Cognitive Capitalism. \u2014 Cambridge: Polity, 2012<\/p>\n<p><i>V. Ivanov<br \/>\n<\/i><i>V. Vorontsovskiy <\/i>Contemporary Theories of Capital Market \u2014 a textbook. St. Petersburg State University. Faculty of Economics \u2014 Moscow: Economy, 2010<\/p>\n<p>REVIEW OF SCIENTIFIC EVENTS<\/p>\n<p>I. <i>Eliseeva<br \/>\n<\/i>The 58th Session of International Statistical Institute<\/p>\n<p><i>P. Zaostrovtsev<br \/>\n<\/i>Anniversary Conference devoted to the 20th year from the beginning of economic reforms and further development of Russia<\/p>\n<p>IN MEMORIAM<br \/>\nMark Blaug<br \/>\nPerangelo Garegniani<\/p>\n<p><strong>SUMMARIES<\/strong><\/p>\n<p><i>A. Potekhin<br \/>\n<\/i>Corruption at the Roads. Experience of Mathematic Modeling<\/p>\n<p>The article shows that corruption may have very negative influence on the social welfare. The consequences of the policemen actions on traffic safety are analyzed in the article. In case there is no efficient mechanism to control activity of policemen when they draw up a report their aim becomes to collect bribes instead of reducing number of traffic accidents by imposing appropri\u00adate penalty. The attempts of the government to improve situation by imposing higher penalties would not lead to a wishful effect. The approach presented in the article is a kind of second-best solution in case when government cannot (because of objective or maybe some internal political issues) vanquish corruption and is forced to act in the prevalent corruption environment.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>corruption; bribes; highway patrol police; mechanism of control.<\/p>\n<p><i>V. Agabekova<br \/>\n<\/i>Inter-age Reallocation of Resources: Methodological Foundations and Practice of Macroeconomic Accounting<\/p>\n<p>The article deals with the methodological foundations of the macroeconomic accounting of the reallocations of the economic resources from one age group to another within the System of Transfer Accounts, which corresponds to the System of National Accounts and is a system of macroeconomic accounting for measuring the economic flows through age groups. These real-locations occur because at some ages, individuals consume more than they produce. The esti\u00admations of the age volumes of consumption and labor income in the Republic of Belarus are given in the article.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>System of Transfer Accounts; the age reallocation; labor income; personal consump\u00adtion; public consumption.<\/p>\n<p><i>O. Kolesnikov, O. A. Podkorytova<br \/>\n<\/i>Trade Flows of Russia and World Trade Organization<\/p>\n<p>A number of the specifications of the gravity model of international trade are estimated in the article in order to learn, whether the accession of Russia to the WTO tends to the increase of Russia&#8217;s volume of trade. Nevertheless, none of these specifications shows any evidence that the WTO significantly and positively influences the trade between its members among Russia&#8217;s trade partners. This result holds even if we exclude the oil and the gas trade.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>WTO; Russia; gravity model; trade flows; non-oil trading.<\/p>\n<p><i>N. Nikiforov<br \/>\n<\/i>What Can the State Statistics Do?<\/p>\n<p>The article discusses the issues of reforming the state statistics of the Russian Federation at the present stage. Strengthening the role of regulatory clearance of statistical activities, the infor\u00admation inter-agency cooperation and the use of administrative data for the updating and expan\u00adsion of the official statistical information are considered in the article. The structure and con\u00adtent of the Federal plan of statistical work are analyzed. The questions about the place of the regional and municipal statistics in the system of state statistics are discussed.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>administrative data; primary data; reliability of statistical data; the subjects of official statistical records; the Federal plan of statistical works; the municipal statistics.<\/p>\n<p><i>\u041e. V. Obukhova<br \/>\n<\/i>Monitoring of HIV Infection in Russia<\/p>\n<p>The article is devoted to the problems of the monitoring of HIV infection in Russia. The need for adequate and sustainable investments in the health sector, available in large volumes, is the need to develop and implement economic and financial monitoring to produce not only the col\u00adlection of information, but also analysis, forecasting and financial situation in the sector in accordance with existing security resources and needs.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>monitoring; HIV infection; the System of Health Accounts.<\/p>\n<p><i>G. Kim<br \/>\n<\/i>Economic Census of SMEs: Organization and Data Processing Problems by the Example of St. Petersburg and Leningrad Region<\/p>\n<p>The development of the small and medium-sized enterprise sector is a core element in the strategy to foster economic growth, employment and poverty alleviation in Russia. The complete and adequate information about the position of SMEs, which can be obtained in an economic census, helps to determine the strategies of development. The economic census of SME is held in Russia for the first time and the organizers are faced with the various problems of collecting and pro\u00adcessing data.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>economic census of SMEs; small and medium-sized enterprises; statistics of SME; statistical reports of small business.<\/p>\n<p><i>Cerrone, M. M. Madonna<br \/>\n<\/i>Financial Consequences and Economic Effects on Banks with the Implementation of SEPA Compliant Payment Services<\/p>\n<p>SEPA (Single Euro Payments Area) stands for a EU initiative which enables customers to make cashless euro payments to anyone located anywhere in Europe using a single set of payment instruments. The creation of SEPA has introduced important changes in payment market: new instruments (SEPA Credit Transfer, SEPA Direct Debit, SEPA Credit Card), new payment channel (Mobile Phone) and new payment services providers. The changes introduced by the SEPA through the PSD directive have determined more competition between payment services providers and banking institutions. Moreover PSD have also introduced significant economic effects on banking income. This is due to three principal factors: new investments, changes in operational costs and changes in banking fees. A growth of costs (for investments and operative activity) might imply the possibility of charging customers with other costs or fees for the use of payment instruments, and PSD does not safeguard customers from this risk.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>SEPA; payment systems; banks.<\/p>\n<p><i>M. Spivachevskiy<br \/>\n<\/i>Multilateral Development Banks: Classification, Essence, and Transformation of the Prerequisites of the Formation<\/p>\n<p>The article presents the current aspects of the classification of development banks, defines the essence of multilateral development banks, the tendencies of transformation of the prerequisites of their formation. The main activities of this group of banks and their role in strengthening the integration processes between the member states are revealed in the article.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>multilateral development banks; interstate integration; classification; development banks; branch structure of the loans of multilateral development banks; capital of multilateral development banks.<\/p>\n<p><i>Yu. V. Neradovskaya<br \/>\n<\/i>The Peculiarities of the Estimation of the Level of Solvency of Insurance Organizations<\/p>\n<p>The article considers the category of &#8220;solvency&#8221; of an insurance organization as one of the characteristics of its financial condition. The question on the differentiation of the various categories of financial condition of an insurer is discussed in the article. The author investigates the peculiarities of the accounting of insurance reserves in the estimation of the solvency of an insu\u00adrance organization.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>solvency; financial condition; insurance organization; insurance reserves.<\/p>\n<p><i>V. Beskrovny<br \/>\n<\/i>The Improvement of Public Finance in a Region: Transition from Financing Estimated Budgetary to Software Financing Methods<\/p>\n<p>The article analyzes the various aspects of the main issues of concern with the improvement of public finance management in terms of the estimated budget funding. The author analyzes the existing scheme of financing of budget institutions and the major disadvantages to increasing the volume and quality of rendered services by budgetary institutions. A scheme of the program funding is given in the article. The change in the system of public funds is proved. The replace\u00adment funding is provided by the principle of costly method of financing for the program.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>budget reform; the cost; expenditure commitments; budget financing; public services; program funding method.<\/p>\n<p><i>Yu. Korshunov<br \/>\n<\/i>Price Formation in the Real Futures Market<\/p>\n<p>The article is devoted to the research of the relation of the theoretical price of futures on the bonds delivery which was obtained under the assumption of the equivalence of the futures and forward prices at a perfect market and the price range at the real market, within which arbitrage is not possible. The formulas for the estimation of the position and width of the arbitration cor\u00adridor are obtained into the framework of the model of the real finance market. It is shown that the discrepancy between the theoretical and the market futures prices does not mean the possi\u00adbility of arbitrage operations. Moreover, in some cases, the possibility of arbitrage takes place at the coincidence of the theoretical and market prices. The possibility of using the results to esti\u00admate the contracts traded on the Russian market is discussed.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>bonds; futures; price; market; arbitrage.<\/p>\n<p><i>A. Lvova<br \/>\n<\/i>Corporate Bankruptcy from the Perspective of Financial Science<\/p>\n<p>In the article, the essence of corporate bankruptcy is analyzed along with its basic signs. It is concluded that, from the perspective of the financial science, the bankruptcy of the firm first of all is a characteristic of its financial performance that can make different sense depending on the assumptions applied and the financial model of the firm which underlay the used system of indi\u00adcators.<\/p>\n<p><i>Keywords<\/i><i>: <\/i>corporate bankruptcy; bankruptcy prediction models; net assets.<\/p>\n<p><i>A. Veykher, O. N. Volkova<br \/>\n<\/i>Normalization of the Labor of Employees of Accounting and Economic Services by Survey of Timetable<\/p>\n<p>The new (survey- and purpose-based) methods for the operational time valuation are developed for the organizations and services whose activity is administrative, accounting-economic. A regis\u00adter of the accounting-economic functions, operations (activities), valuation units and survey methods is submitted. The result approach is developed for the operational time standards calculating in the public accounting bodies.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I. Eliseeva On the turn of the Following Year ECONOMIC THEORY A. Potekhin Corruption at the Roads. Experience of Mathematic Modeling MACROECONOMIC CALCULATIONS V. Agabekova Inter-age Reallocation of Resources: Methodological Foundations and Practice of Macroeconomic Accounting O. Kolesnikov, O. A. Podkorytova Trade Flows of Russia and World Trade Organization N. Nikiforov What Can the State [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/posts\/1200"}],"collection":[{"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/comments?post=1200"}],"version-history":[{"count":1,"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/posts\/1200\/revisions"}],"predecessor-version":[{"id":1201,"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/posts\/1200\/revisions\/1201"}],"wp:attachment":[{"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/media?parent=1200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/categories?post=1200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finbiz.spb.ru\/en\/wp-json\/wp\/v2\/tags?post=1200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}