February 16
- Regulating the Digital Economy: Problems and Prospects In December the Russian government approved a plan to develop legislation on regulating the digital economy. The plan includes more than 50 packages of legislative measures designed to remove key barriers on the path to nationwide digitization. Th...
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In December the Russian government approved a plan to develop legislation on regulating the digital economy. The plan includes more than 50 packages of legislative measures designed to remove key barriers on the path to nationwide digitization. There are also plans for the simultaneous development of concept papers addressing how the Russian legal system as a whole can be transformed to make it more flexible in the context of an ever-changing world, and how to regulate the use of ‘cross-cutting’ technologies on a systematic basis. Are all priority measures for developing the digital economy covered by the plan? What other regulatory issues need to be resolved with respect to the challenges posed by the digital economy? How can regulation be implemented in a changing environment, and how can the process of establishing regulations be made more dynamic? What alternative means and methods of regulation are needed?
- Investment in Russia’s Regions: Has the Work of Management Teams Changed? Managing regional development is a key challenge on today’s agenda, and a positive solution to this issue is vital for the continued development of Russia as a whole. A vital role in any management process is played by people, the quality of their...
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Managing regional development is a key challenge on today’s agenda, and a positive solution to this issue is vital for the continued development of Russia as a whole. A vital role in any management process is played by people, the quality of their professional training, and their teamwork skills. Increasing the quality of human resources is a standalone challenge – as well as a key investment in Russia’s regions. A major factor in the development of regional workforces should not only be the performance of regional teams, but also the desire of the majority to become one unified team, and to continue cooperating for mutual development to the benefit of Russia’s regions and the country as a whole. What new professional demands are being made of the leadership of Russia’s regions?
Do effective mechanisms exist for attracting and retaining highly qualified staff in the regions? What educational technologies need to be used to train leaders in order to ensure the development at a regional level? The relationship between management effectiveness and regional investment – is there a dependency?
- Regional Investment Cooperation as Part of the Belt and Road Initiative In order to achieve a sustainable rate of development, Russia’s regions need a constant influx of investment, and the battle for this is a strategic challenge facing any region, irrespective of how much financial aid it receives. The investment bu...
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In order to achieve a sustainable rate of development, Russia’s regions need a constant influx of investment, and the battle for this is a strategic challenge facing any region, irrespective of how much financial aid it receives. The investment budget for the Belt and Road Initiative is estimated to be a colossal sum – USD 900 billion. These funds will be used to finance more than 900 separate projects across 65 countries. In order to manage these investment streams, a powerful funding infrastructure has been created, enabling the foundations to be laid for a new wave of investment in the region. Such associations as the Eurasian Economic Union (EAEU) and the Greater Eurasian Partnership have been formed in order to establish connections across the continent which will facilitate trade and the implementation of all kinds of exchange between countries. The support of digital platforms has made it possible to transfer these processes to the regional level within individual countries. Direct regional trade and investment links between states are becoming a significant trend in contemporary international economic cooperation. What factors could facilitate an expansion of investment as part of the Belt and Road Initiative in Russia? What role has been envisaged for the EAEU and Greater Eurasian Partnership with respect to investment activity in the context of the Belt and Road Initiative? What prospects does investment through the Belt and Road Initiative offer Russia’s regions?
- Digitize or Die. Best Practices for Digitizing Major Businesses In partnership with Internet Initiatives Development Fund (IIDF) The spread of technology and the digitization of ever more aspects of our lives are facilitating national socioeconomic development. It is not only the efficiency of production that is on the increase, but also the transparency of operations and r...
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The spread of technology and the digitization of ever more aspects of our lives are facilitating national socioeconomic development. It is not only the efficiency of production that is on the increase, but also the transparency of operations and relationships between actors. On 28 July 2017, the ‘Digital Economy of the Russian Federation’ programme was approved. One of the key prerequisites for its implementation is the creation of necessary and sufficient infrastructure, aimed at removing existing obstacles and restrictions holding back the establishment and growth of high-tech businesses, and preventing new barriers from emerging. How can the necessary infrastructure for a digital economy be created within Russia? What is necessary for this?
- Project Management as a Tool for Attracting Investment: Best Regional Practices Project management in the public sector has already ceased to be considered a new management paradigm; it can now be said with some certainty that project management is the next important stage in establishing a management culture within governmen...
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Project management in the public sector has already ceased to be considered a new management paradigm; it can now be said with some certainty that project management is the next important stage in establishing a management culture within government bodies. Analyses of practices for implementing project management within the public and corporate sectors reveal how far the development of decision-making systems has progressed, how well established tools for the non-material motivation of project participants have become, and how tools are used to rank projects on the basis of their social significance, level of complexity, and so on. All of this demonstrates that project management is fully compatible with the established system and organizational structure of the public sector and achieves positive results, including from the point of view of attracting investors to implement new projects. Could project management in the public sector serve as an engine for solving priority state issues? What regional and corporate experience could be used in Russia to help establish an effective project management system in the public sector?
- A New EAEU Customs Code as an Opportunity for Improving the Investment Climate The Eurasian Economic Union Customs Code Agreement envisages a gradual liberalization of customs regulations and the creation of more comfortable conditions for doing business. The customs system will in effect be transitioning to a radically new ...
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The Eurasian Economic Union Customs Code Agreement envisages a gradual liberalization of customs regulations and the creation of more comfortable conditions for doing business. The customs system will in effect be transitioning to a radically new level of functionality, with customs operations improved by the implementation of data management systems which do not require the involvement of customs officials, the translation of customs procedures into electronic versions, the priority replacement of paper with modern technology, increased legal significance for preliminary information, expanded opportunities for releasing goods prior to the submission of a declaration, increased status for authorized economic operators, and an expansion of simplifications made available to them here and in a number of other areas. This liberalization and the increased level of unification of customs regulations enshrined in the new EAEU Customs Code is intended to ensure more comfortable conditions for bona fide economic operators to conduct business activities. In what major respects does the new EAEU Code differ from the former Eurasian Customs Union Code? What regulations in the new EAEU Customs Code have made the greatest contribution to simplifying business operations? How does the new EAEU Customs Code expand opportunities for authorized economic operators? In what ways has the EAEU Customs Code ensured deeper unification of customs regulations within the EAEU?
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Managing Change: Initial Outcomes of Implementing Goal-Oriented Models in Russia’s Regions In 2017, Russia’s regions began implementing goal-oriented models for improving the investment climate. Successful economic development in the regions is dependent in part on the creation of a favourable investment climate by regional authorities....11:00–12:30
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In 2017, Russia’s regions began implementing goal-oriented models for improving the investment climate. Successful economic development in the regions is dependent in part on the creation of a favourable investment climate by regional authorities. A goal-oriented model is a kind of workflow algorithm which aims to solve the current problems faced by investors in regions, including connecting facilities to communications systems, access to land, and other issues. The initial outcomes of implementing goal-oriented models on the ground are already being felt, making it possible to evaluate the current state of the investment climate in Russia’s regions. Regions have also adopted parameters at different speeds, and not all goal-oriented models have proven straightforward to implement. How are entrepreneurs evaluating the outcomes of implementing goal-oriented models? What are the prospects for implementing goal-oriented models at the next stages?
