https://www.um.edu.mt/library/oar/handle/123456789/28539 Sun, 26 Apr 2026 01:26:34 GMT 2026-04-26T01:26:34Z https://www.um.edu.mt/library/oar/handle/123456789/29432 Title: Tax incentives for energy efficient investments in the context of neo-industrial paradigm in Russia Authors: Koroleva, L. P. Abstract: The study contents an analysis of existing preferences in Russian Federation, aimed at incentives for investments in energy efficiency industry. Among them there are exemption from property tax of highly energy efficient facilities, accelerated depreciation and investment tax credit. We have revealed the reasons for reduction of their demand on the part of taxpayers. It is suggested to improve tax incentives for energy efficient investments in order to focus on achievement of the objectives of neoindustrialization of Russian economy. We have proven the necessity to increase energy efficiency of manufacturing industry within the implementation of the policy of new industrialization according to the principles of labour saving, lack of people, disposability, recycling of the resources, post-oil energy, human reproduction and a healthy environment. However, the expansion of industrial manufacturing and the achievement of living standards of developed countries require a significant increase in energy consumption. Therefore, the priority of tax incentives should be not a reduction of quantitative indicators of energy saving but energy efficiency due to the growth of quality indicators. So energy-output ratio of the economy should be decreased not because reduction of the amount of consumed fuel and energy resources, but because of growth in gross domestic product. Moreover, economic growth rates should be higher than the growth rates of energy consumption. To implement this in the medium term we suggest monitoring and improvement of the existing preferences. In particular: to avoid duplication of privileges and preferences, to change specific ones to more general ones simpler in use and administrating; to fully delegate the authorities for establishment of privileges and preferences on the regional tax to the subjects of the Russian Federation; to intensify the use of credit against tax, including investment credits against tax. Fri, 01 Jan 2016 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/29432 2016-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/29431 Title: Methods of analysis of equity securities risk and return : issues and prospects Authors: Gorbunova, N. A. Abstract: In terms of capacities and characteristic features of macroeconomic policy in Russia today, the issue of more efficient use of the equity capital market potential where the main tools are shares or equity securities is highly relevant. More efficient use of the capitals of joint stock companies, obtaining reliable information for defining the cost of the business reinforce the need of more detailed theoretical and practical analysis of the equity securities. This is one of the most important prerequisites for creating favorable informational environment and improving the quality of stock market monitoring both at the national and international levels. The author analysed opinions on this issue among Russian and foreign researches, applying the methods of theoretical knowledge and general logic. It systematizes various methodological approaches to the analysis of the equity securities and justifies the need of using the methods of fundamental and technical analysis of equity securities in the Russian context. We pay special attention to studying the rates of return and the risks of the equity securities and look at the opportunities to use this information for developing a scale of rating investment attractiveness of joint stock companies. The recommendations stated in the article may be used for operational management and development of strategic solutions to attract financial resources required for economic growth and modernization of production. Fri, 01 Jan 2016 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/29431 2016-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/29430 Title: Program-targeted regulation of the regional consumer market Authors: Neretina, Evgenia A.; Soldatova, Elena V.; Komleva, Natalia S.; Kolchina, N. O.; Shcherbakova, Eleonora G. Abstract: The primary strategic tasks for development of the Russian Federation and its regions are the increase of the level and quality of life and increase of the share of the middle class on the basis of modernization and restructuring the economy, the growth of entrepreneurial and innovative activities and competitiveness. For the solution of these problems the development of the consumer market should play an important role, performing important economic and social functions. In the article the results of the study of scientific views of foreign and national scientists on the category "consumer market" are shown from the perspective of the principle of historical and logical unity, theoretical and conceptual approaches to its formation and development are systematized, positive trends in its development are revealed; negative social consequences associated with excessive consumption growth and the formation of a consumer society are proved (violation of the ecological balance, people health aggravation, change of people’s attitudes). The necessity of government regulation of the consumer market on all the levels is proved (federal, regional and municipal) based on the prospective vision and its development strategy in the context of globalization, Russia's accession to WTO and the implementation of the sanctions against Russia by the United States, several European and Asian countries. As a methodological approach to solve identified problems on the regional level it is proposed to use the program-targeted regulation of the consumer market, which allows connecting the objectives with the resources and deadlines for their implementation by particular executives. Its use also allows authorities to develop alternative solutions for the tasks on the basis of the justification of priorities in the development of the consumer market and assessment of the risks associated with the implementation of program activities. Fri, 01 Jan 2016 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/29430 2016-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/29428 Title: Ways to improve the competitiveness of the economic complex of the Republic of Mordovia Authors: Marabaeva, Lyudmila V.; Gorin, Ivan A. Abstract: The economic development of the Republic of Mordovia from 1998 to 2013 is analyzed in the article in the context of federal districts of the Russian Federation and regions of the Volga Federal District, the main trends and specifics of the development of economic complex of the Republic of Mordovia are established in comparison with those regions; key factors that affect the level of competitiveness of the regional economic complex of the Republic of Mordovia are determined; the main directions and measures to improve the competitiveness of the economic complex of the region are determined, considering economic, innovative and infrastructure opportunities that conform to the applicable program documents regulating the social and economic development of the Republic of Mordovia. In the article conclusions are made on the need for solving the problem of increasing the competitiveness of the regional economy through the use of its innovation and infrastructure capacities and the possibility of using the experience of the Republic of Mordovia in the implementation of this approach by other subjects of the Russian Federation with the same economic conditions as well as by relatively problem regions that don't have their own resource potential. Fri, 01 Jan 2016 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/29428 2016-01-01T00:00:00Z