Ministry of Economic Development

The econometric assessment of the impact on inflation levels in the Russian economy of the main parameters of the budget system of the Russian Federation, which include: 1) total budget revenues, 2) total budget expenditures, 3) budget deficits, is discussed. The paper builds two econometric models in which the annual levels of inflation in the Russian economy over the time 2007–2023 are taken as an explicable variable. The explanatory variables of the model include derivatives of the main parameters of the budget system of the Russian Federation. The main results of the work are as follows. Budget deficits in the current and lag period do not affect inflation levels. Budget momentum (primary budget deficit) in the current and lag period does not affect the inflation levels. The growth rate of nominal budget revenues does not affect the levels of inflation in the current and lag period. The growth rate of nominal budget expenditures has a significant direct impact on inflation levels in Russia. The growth rate of nominal budget expenditures for servicing state and municipal debt has a significant direct impact on the inflation rate in Russia. Adverse events such as the global financial crisis and Western sanctions have a significant negative impact on the Russian economy, increasing annual inflation rates by an average of 5% per year.

To realize the potential of regional entrepreneurship as a system of small and medium-sized enterprises (SMEs) of the region it is essential to develop a successful winning strategy oriented towards rapid exploitation of new opportunities. To this end, it is necessary to clarify the essence, boundaries, structure, and functions of the object of strategizing. The research is based on the general theory of strategy and methodology of strategizing, the theories of entrepreneurship, the systematic approach. The authors study approaches and theories that explain the essence, the functions and the structure of the system of regional entrepreneurship by applying systematization and content analysis methods. While analyzing the theories of entrepreneurship four components of the strategic mission of SMEs have been defined as follows: providing guarantees to partners, movement and productive use of factors of production, implementation of innovation, creation of gazelle companies (with the average annual increase in revenue or employment of more than 20% over 3 years). The study has shown that they are not fully implemented, and so the situation requires developing a new strategy or improving the old one. And the strategy of development of entrepreneurship in the region should contribute to the implementation of higher-level strategies (regional and sectoral). Moreover, the strategy should define the basic policies for strategizing the components of regional entrepreneurship – individual enterprises, clusters, different types of activities. The study offers a structural and logical scheme of relationship of the strategy of development of regional entrepreneurship (on the example of Kemerovo region – Kuzbass) with other strategic planning documents. Also, the authors justify the expediency of differentiation of strategic priorities of traditional and innovative entrepreneurship in the region. The analysis of theoretical foundations of exploring entrepreneurship as the object of strategizing has made it possible to clarify the basic components of its mission and justify the place of the corresponding strategy in the general system of strategic planning documents. Clarification of the boundaries and the content of the system under study ensures moving on to the strategic OTSW-analysis. The findings of the study can be used in justification of strategic decisions of entrepreneurs and regional authorities.

Foreign Direct Investment (FDI) and other macroeconomic variables such as the exchange rate, economic openness, and public sector investment are significant macroeconomic variables that drive economic growth and development. As a result, every government’s ability to sustain and maintain a balance among them is critical to long-term development. The studys goals were to establish the impact of foreign direct investment on Nigerias economic development, as well as the impact of the exchange rate on Nigeria’s economic development. The ex-post facto research design was used in this study, as well as secondary data. The explanatory variable was Foreign Direct Investment, and the control variable was the exchange rate. The study spans the years 1981 through 2019. The explanatory variable was Gross Fixed Capital Formation (GFCF), which is a proxy for economic progress, and the model was estimated using the Auto Regressive Distributed (ARDL) Model. The data for this study came from the World Bank Data Bases World Development Indicators of 2019 and the Central Bank of Nigerias Statistical Bulletin of 2019. According to the study, a 1.4 unit increase in foreign direct investment leads to a 1.4 unit increase in gross fixed capital creation. In addition, a unit increase in the exchange rate causes a 0.03-unit fall in gross fixed capital formation, and vice versa. According to the findings, there is a negligible positive link between FDI and GFCF, but a strong negative relationship between the exchange rates (EXR) and GFCF. As a result, the report suggests that FDI inflows be used to fund capital projects that are not for current consumption, such as good road networks, train lines across the country, and stable electricity supply. Without a doubt, this would lower the cost of doing business in Nigeria and boost profitability. According to our findings, while FDI alone cannot lead to economic growth and development, when other factors such as a favorable climate and simplified pre-investment procedures are available, more FDI will be drawn to key economic sectors, contributing to economic growth and development.

This research paper aims to address the problem of financial inclusion and resilience in the current sustainable development framework. The development agenda designs access to finance a human right and a prior strategy to achieve Sustainable Development Goals (SDGs). Microfinance can play a decisive role in smoothing the risk of adverse events It acts as resilience policy, tackling vulnerability and poverty, empowering people and vulnerable categories and improving and enlarging their capabilities. This work explores the existing connections between the development agenda and microfinance as a strategy to foster financial access. To this end, summative content analysis is performed on the United Nations General Assembly Resolution A/RES/69/315 – fulfilling a research gap. This inquiry handles 6 selected SDGs, ascribable to 3 dimensions, detecting 5 sub-dimensions and 16 domains. Analysing Millennium Development Goals and Sustainable Development Goals, the study also finds increased importance attributed to the topic, key issues and policy strengths and limitations. Importantly, the analysis shows that the environmental dimension is still neglected in the analysed corpus, not appearing in any of the examined SDGs. The findings suggest investing in these channels, drafting governance patterns and modelling resilience and development policy to vehiculate improved ecological and institutional results and concerns.

The design of a millimeter-wave Mouse-Antenna Sun-Tracking radiometer at W band (MASTRad89), capable of measuring both the downwelling emitted atmospheric brightness temperature and the associated extinction over an estimated dynamic range greater than 30 dB, is discussed. The MASTRad89 instrument at W band operates with two equal antennas having the same beam width and an offset from each other by an angle of about 10° (named 'mouse antenna' system). A dedicated efficient solar tracking system allows to follow the apparent movement of the Sun by means a programmed controller. The two narrow-beam antennas share the same radiofrequency superheterodyne front-end chain to carry out simultaneous measurements at W band of both Sun and out-of-the-Sun atmospheric brightness temperature. Using a post-processing software, MASTRad89 can provide the atmospheric path attenuation at W band in any weather conditions, overcoming the saturation problem due to rain which is typical of conventional microwave radiometers.

Electronic nose and gas chromatography-mass spectrometry (GC-MS) were used to analyze the volatile flavor compounds of pot-stewed lotus rhizomes made in the laboratory (PSLR) and other three samples sold in the market. Principal component analysis (PCA) of the electronic nose and GC-MS data suggested that lotus rhizome stewed in laboratory has unique flavor. There were 65 kinds of volatile flavor components in PSLR (sample A), 51 kinds in sample B, 49 kinds in sample C and 41 kinds in sample D. There were 25 kinds of common components in four pot-stewed lotus rhizomes, such as β - myrcene, d-limonene, β - ocimene, α - terpinene, γ – terpinene, linalool, (-) - 4-terpineol, α - terpineol, anethol and eugenol. The principal component analysis (PCA) can find out the characteristic components which determine the flavor of different pot-stewed lotus rhizome products, and the overall flavor of PSLR samples is better than that of market products.

Introduction: Working from home (WFH) remotely is a modality of working that requires the careful design of systems of rules and tools to enable people to exchange information and perform actions. WFH is expected to expand after the COVID-19 pandemic, and how best to reliably assess and compare the experience of workers with different (sociotechnical) systems of WFH is central to the diffusion of acceptable modalities of remote working. However, the concept of experience and how it can be measured in the domain in WFH is yet to be clearly characterized.Methods: Following the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) methodology for scoping reviews, we systematically map the approaches used by researchers to assess WFH, identify which aspects are usually investigated, and examine how such aspects are usually measured in terms of questions and tools. Literature is collected using Scopus and Web of Science.Results: Thirty-four records out of 323 focusing either on validating a scale, presenting theoretically the experience of workers or testing this empirically are included in the qualitative synthesis. The results highlight a lack of unified terminology and tools, with assessments of workers’ experience mainly characterized by survey approaches and qualitative questions. Conclusion: Clustering together the most investigated aspects in the literature and reviewing how these aspects are assessed, we propose a list of 10 relevant overarching dimensions and attempt to define workers’ experience in the domain of WFH remotely. This definition can be used as a tool by researchers aiming to assess the experience of workers in order to inform the design or redesign of the sociotechnical systems that enable WFH.