Service sector: management & economics
Reference:
Smirnov , A.V., Dianov, S.A., Baharev, D.D. (2025). Creative industries of a highly urbanized territory in the focus of modern research trends. Theoretical and Applied Economics, 1, 1–11. https://doi.org/10.25136/2409-8647.2025.1.72945
Abstract:
The subject of the research is the approaches developed in social science in the study of the sphere of creative (creative) industries. Discussions about the prospects for the development of creative economy sectors in Russia are dominated by economocentric attitudes. The subjects of creative industries are primarily representatives of the "creative" class – the entrepreneurial strata of the population. Technologies for promoting creative products aimed at a wide audience are becoming crucial. The scale of application of creative industries and the effects of commercialization act as markers of the "creativity" of a territory – a city or a region. In relation to Russian territories, according to the author's point of view, it is necessary to take into account the key trends that have developed in the sector of the impression economy and socio-cultural practices. There is an increasing need to revise a number of postulates generally accepted in foreign economics in relation to the nature and classification of creative industries. The methodological basis for the article is scientific research in the field of economics, management, public and municipal administration. The solution of the problems under consideration is based on the theories of "creative action" (D. Hawkins), "creative class" (R. Florida) and "creative city" (C. Landry). The scientific novelty of the research lies in the actualization of the problem of the correlation of categories of creativity and cultural creation of subjects of economic life in the analysis of key indicators of the development of the creative industries. Positive examples of creative practices, the relevance of this issue at the federal and regional levels, as well as the latest changes in the legislation of the Russian Federation, may indicate the emergence of a trend that can change the country's established ideas about the economy with a predominantly raw materials bias. Applying best practices in the field of creative economy can contribute to the dynamic development of cities and non-urbanized territories, alternative employment, geo-branding, and the promotion of social and business practices. Equally important are measures to expand the membership of creative industries, as well as to increase the quality of creative products.
Keywords:
intellectualization of labor, geobranding, regional economy, urbanized area, creative economy, creative city, creative class, creative industries, project, creative environment
Trends and consistencies of globalization
Reference:
Bui, V.H. (2025). Application of science and technology to improve the competitiveness of traditional craft villages in the context of modernization and industrialization in Vietnam. Theoretical and Applied Economics, 1, 12–34. https://doi.org/10.25136/2409-8647.2025.1.72266
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EDN: ATNHAA
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Abstract:
Traditional craft villages are facing fierce competition in the context of globalization and industrialization. In order to survive and develop, the application of science and technology in the production and business process is an inevitable trend. This study aims to evaluate the effectiveness of the application of science and technology in improving production processes, enhancing product quality, expanding markets and sustainable development to increase competitiveness in the modern economic environment for traditional craft villages through a typical case study. The author used research methods such as analyzing available documents and in-depth interviews with artisans in the traditional lacquer craft village of Tuong Binh Hiep, a typical traditional craft village in Vietnam. The research results show that the application of science and technology, including automation, e-commerce and software production management, has helped traditional craft villages improve productivity, reduce costs and expand international markets. This has made an important contribution to enhancing the competitiveness of craft villages in the context of economic globalization and industrialization. However, to maintain the momentum of development and ensure sustainability in the future, long-term and comprehensive solutions are needed to optimize the effectiveness of science and technology while adapting to new global market challenges. From the opinions and analysis of the application of science and technology in Tuong Binh Hiep Lacquer Craft Village, a number of important conclusions can be drawn, showing the path of sustainable development of traditional craft villages in the context of integration. From the above issues, the objective of this study is to evaluate the effectiveness of applying science and technology to improve production processes, enhance product quality, and expand markets to help traditional craft villages in Vietnam increase their competitiveness in the modern economic environment.
Keywords:
reduction of labor costs, performance improvement, e-commerce, including automation, village, handicraft, technic, traditional craft village, the science, competitiveness
Finance, monetary relations and investment
Reference:
Kovalev, V.A., Dorofeev, M.L. (2025). Features of modern anti-inflationary policy in the Russian Federation. Theoretical and Applied Economics, 1, 35–54. https://doi.org/10.25136/2409-8647.2025.1.73031
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EDN: TDMAMC
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Abstract:
The object of the study is the anti-inflationary policy in the Russian Federation. The subject of the study is the parameters of modern anti-inflationary policy. The paper highlights the factors influencing the inflation deviation from the target and the parameters of anti-inflationary policy in Russia. Particular attention is paid to the contribution of fiscal momentum, the labor market situation, autonomous demand, administrative factors, exchange rate shifts, the effectiveness of the transmission mechanism, and coordination of monetary policy with fiscal policy. In the course of the research, the decomposition and dynamics of inflation in Russia and abroad are analyzed. The article evaluates the consequences of lowering the key rate in the current conditions, the possibility of increasing the output potential to a level corresponding to the current high aggregate demand, and the expediency of further pursuing a tight monetary policy. The research uses the following methods: graphical, comparative and coefficient analysis, vertical and horizontal, factor analysis of indicators that determine the problems of anti-inflationary policy. The information base of the study is represented by materials from the Bank of Russia and data from the Federal State Statistics Service. We identified pro- and de-inflationary factors and concluded that the positive output gap, stimulated by fiscal policy, record low unemployment, restrictions on increasing labor productivity and affordable labor, is the driver of high inflation in Russia at the present stage. The transfer of the effect of a number of tax changes to inflation will primarily depend on the further growth rates of government spending, their structure and degree of productivity. Lowering the key rate in the current conditions will worsen inflationary processes and will not allow timely increase in the potential of the Russian economy, which makes it possible to justify the need to continue to pursue a tight monetary policy. Fiscal policy has proved to be insensitive to the current monetary policy and acts significantly opposite to inflation targeting, including due to the preservation of a safe level of public debt and the low cost of servicing it. The growth of aggregate demand and the Russian economy slowed down in the last quarter of 2024, and the achievement of the target by 2026 will be facilitated by the results of recent investments in fixed assets, the absence of external shocks and the implementation of stricter fiscal policy regarding government spending.
Keywords:
monetary policy, transmission mechanism, inflation factors, fiscal impulse, output gap, aggregate supply, aggregate demand, key rate, anti-inflationary policy, inflation