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This book analyzes the state of global governance in the current geopolitical environment. It evaluates the main challenges and discusses potential opportunities for compromise in international cooperation. The book’s analysis is based on the universal criteria of global political stability and the UN framework of sustainable development. By examining various global problems, including global economic inequality, legal and political aspects of access to resources, international trade, and climate change, as well as the attendant global economic and political confrontations between key global actors, the book identifies a growing crisis and the pressing need to transform the current system of global governance. In turn, it discusses various instruments, measures and international regulation mechanisms that can foster international cooperation in order to overcome global problems.
Addressing a broad range of topics, e.g. the international environmental regime, global financial problems, issues in connection with the energy transition, and the role of BRICS countries in global governance, the book will appeal to scholars in international relations, economics and law, as well as policy-makers in government offices and international organizations.
The article looks into the reasons underlying the outspread of the full-scale mechanism of banking regulation over U.S. investment banks. We analyze the effect of the Basel III standards on stress-resilience of investment banks and examine the role of U.S. investment banks in ensuring financial stability. Based on regression analysis we found that minimum capital adequacy standards of Basel III do not have negative effect on ROE of the U.S. investment banks that are G-SIB category-designate; however additional capital requirements (Higher Loss Absorbency (HLA) surcharge) that depend on G-SIB’s systemic significance according to their bucket as per Financial Stability Board classification do have significant and negative effect on ROE in the post crisis period. Besides, leverage requirements that also depend on G-SIB’s systemic significance have a statistically significant effect on ROE.
The forecast covers the period up to 2035. It describes dynamic trends that will shape the future of the world during the nearest 20 years. The aim of this study is to foresee the challenges awaiting the world and the forthcoming opportunities which can be used in the interests of the Russian state, ensuring its role as an active participant in the formation of the future world order. The book presents a general analysis of the main trends of world development, its spiritual culture, ideology, politics, innovation, economy, social sphere and interna tional security, the problems of globalization and regionalism. The final section of the book presents strategic recommendations for Russia. Prospective readers of this book include staff members of government institutions and management bodies, research, expert and business communities. It also may be recommended for student scholars of international affairs.
While it is widely admitted that Afghanistan can contribute to connectivity in Eurasia, one may not also deny that Afghanistan’s regional role is dependent on regional conditions. This article takes Afghanistan’s security and geostrategic trends in Eurasia as the two major variables, defining conditions for Afghanistan’s regional role. They are reviewed and then synthesized as dependent and independent variable to form taxonomy of possible regional roles for Afghanistan.
This book examines the function and development of the cult of saints in Coptic Egypt, focusing primarily on the material provided by the texts forming the Coptic hagiographical tradition of the early Christian martyr Philotheus of Antioch, and more specifically, the Martyrdom of St Philotheus of Antioch (Pierpont Morgan M583). This Martyrdom is a reflection of a once flourishing cult which is attested in Egypt by rich textual and material evidence. This text enjoyed great popularity not only in Egypt, but also in other countries of the Christian East, since his dossier includes texts in Coptic, Georgian, Ethiopic, and Arabic.
Since around 2017-2018, the world has been living through a period of progressive erosion, or collapse, of international orders inherited from the past. With the election of Donald Trump and the rapid increase of US containment of Russia and China—which is both a consequence of this gradual erosion and also represents deep internal and international contradictions—this process entered its apogee. A period of collapse opens up possibilities for the creation of a new world order; hopefully, a fairer, stable, and peaceful order than has been previously experienced. Russia has a good chance of influencing the formation a new order.
The Paris Agreement introduces long-term strategies as an instrument to inform progressively more ambitious emission reduction objectives, while holding development goals paramount in the context of national circumstances. In the lead up to the twenty-first Conference of the Parties, the Deep Decarbonization Pathways Project developed mid-century low-emission pathways for 16 countries, based on an innovative pathway design framework. In this Perspective, we describe this framework and show how it can support the development of sectorally and technologically detailed, policy-relevant and country-driven strategies consistent with the Paris Agreement climate goal. We also discuss how this framework can be used to engage stakeholder input and buy-in; design implementation policy packages; reveal necessary technological, financial and institutional enabling conditions; and support global stocktaking and increasing of ambition.
This is a German language article about the Foreign Cemetery (Gaikokujin Bochi) in Yokohama: its history, the circumstances of its origin, the study of the national, ethnic, and religious background of those who are in the ground. This is the part of a project (with archival research and field study parts) about this cemetery and the reconstruction of the history of life and death of foreigners in Japan in the late 19th and 20th centuries.
The present article examines a recent advisory opinion handed down by the Eurasian Economic Union Court. In the remarkably bold decision, the Court continued to push for the construction of a veritable EAEU internal market. It managed, within one advisory opinion, to further the coherence of its internal market law reasoning, expand on the principles of direct effect and primacy as well as the horizontal effect of fundamental freedoms in EAEU law, provide important definitions in EAEU law, strengthen the authority of the Commission and its decisions and emphasize the duty of loyal cooperation of Member States for the full effectiveness and successful implementation of EAEU law. As only criticism, one may deplore the EAEU Court’s lack of effort to start building a coherent jurisprudence by means of referring to its own case law.
Is it possible for Russian energy companies to develop an effective business strategy based on the restrictions and rules of strategic documents of national scale?
Today Russian Energy Strategy sets the benchmarks for business. World experience confirms the possibility of adjusting corporate strategies for the benefit of society. Danish Energy Strategy prescribes a smooth transition to alternative energy sources and active implementation of smart energy resources. Experience of Norway in this area is also important. The third energy package of the EU defines the rules of the game influencing business models, strategies and long-term deliveries of external counterparties.
The set of methods allows for the analysis of open sources and materials for the development of national and corporate strategies. Management technologies allow us to specify and quantify the characteristics of the national energy strategy, and to reflect on the priorities in the development strategies of companies. The conditions of the state policy and the parameters of the companies' strategies will have more points of contact and reduce the risk of deviation from the declared goals. Revision of the program document is possible due to organizational design and methodological support.
The paper is devoted to the assessment of the prospects of implementing clean energy sources in Russia, where the current energy policy goal is to increase the role of renewable and clean energy sources. The research is based on data from the Krasnoyarsk Region as one of the largest territories but also as a representative model of Russia. The aim of the study is to identify where and which renewable energy source (solar, wind, hydro and nuclear) has the highest potential. The novelty of our research lies in its holistic nature: authors consider both geographical and technical potential for renewable energy sources development as well as prospective demand for such resources, while previous research is mostly focused on specific aspects of renewable energy development. We also consider the level of air pollution as an important factor for the development of renewable energy sources. The results of the study show that there is a strong potential for clean energy sources in the Krasnoyarsk Region. The resulting matrix identifies the potential of energy sources across all the municipal entities and also indicates whether the source of energy is primary or supplemental and where several sources may be implemented in cooperation.
The trend on electricity grids digitalization is gradually leading to the shift of busi-ness value towards more sustainable and efficient electricity services. Sustainability and efficiency are challenged by the increasing demand for electricity which is fol-lowed by a dramatic transformation of energy systems. While smart grids seem to be crucial in this process, there is a discrepancy in understanding the costs and benefits for the multiple actors involved. In addition, there are benefits of smart grids that cannot be measured directly in terms of money, such as higher energy system reliabil-ity or commitment to carbon reduction. Despite the rise of interest to the managerial aspects of smart grids implementation and development, many aspects remain out of the scope. This paper contributes to the research of smart grids by providing a con-ceptualized business model that would allow for value co-creation, delivery and cap-ture. A Russian energy sector perspective is primarily considered throughout the pa-per and the results are supported by evidence from interviews with of industrial ex-perts
This is a review on the book of David P. Fields, Foreign Friends. Syngman Rhee, American Exceptionalism, and the Division of Korea. 2019, University Press of Kentucky, 254 pages, ISBN 9780813177199.
The electric energy industry plays a crucial role in the technological support of digitalization, and this leads to an increase in the requirements for its development. Leading developed countries are currently under energy transition and are creating innovative, intelligent energy systems (IES) of open type, which include active consumers, distributed generation mechanisms and the introduction of renewable energy sources. One can observe a deep structural transformation, expansion of the range of participants and creation of new value chains. The development of digitalization and IES provides with new opportunities for sustainable development of the economy and society. This stage facilitates the creation of new tasks for the investment climate in the power industry, so the development of an institutionalsystem is justified.
The implementation of socialism in North Korea required the large-scale involvement of women in economic relations. In order to align the rights of women and men in social life, the government pursued a policy of gender equality, conducting extensive advocacy among the female population aimed at a transformation of the understanding of women’s social roles and the nature of femininity. In the original context of women being encouraged to be workers and passionate contributors to the construction of the socialist state, the traditional stance on women as caring mothers and wives was supplemented with internationalist rhetoric on womanhood. However, with the transition to the Juche-oriented socialism, the discourse on women was modified, increasing the emphasis on motherhood and childrearing and reducing internationalism. Based on an analysis of the women’s magazine The Korean Woman, the present study analyses discourses on motherhood and childrearing in 21st century North Korea. The preliminary results of the research show that, while motherhood remains an essential component of the discourse on women, it is formulated in terms of building a powerful socialist state.
The article analyzes post-Soviet economic policy in the light of the previous periods of the Russian economic history. The authors find a striking similarity between the measures proposed by modern Russian economic liberals – as well as their consequences – and the actions taken by the Russian authorities during much earlier periods. They explain these similarities with the fact that “Western” terms can mean something very different in the context of a non-Western culture, phenomena and institutions with the same names in different types of societies can differ fundamentally and perform different functions. Furthermore, “Westernization” can be a purely superficial process intended more for show than for substance. By applying the methodology of substantivism which stresses the fundamental differences between economies based on gifts (reciprocity), redistribution, and exchange (market), they argue that Russia’s economy differs significantly from that of the countries of Western Europe and, in the typological sense, is closer to such European countries as Bulgaria, Albania, Romania, and Serbia. For this reason, similar measures of economic policy applied in Western Europe and Russia bring different results.
The energy sector of Russia is one of the most potent in the world - it is the second in extraction of oil and gas, the third for total output of fuel and energy resources. While exporting nearly 45% of its total production of energy resources, Russia produces more energy per capita than most other countries - 5 times higher the global average and 3 times higher than the average level for OECD countries. The energy sector of Siberia represents the crucial part of the country's energy sector. Over decades, the energy resources of the region massively contributed to the Russian federal budget and brought in a major part of hard currency from export trade. In the current conditions of existing geopolitical challenges and expected global demand for energy resources, it is much more of a priority for Russia not to raise the output of fuel and energy resources but to improve the overall quality and reliability of the whole energy supply system, increase the depth of mineral fuel, including solid fuel and waste recycling.