Table of Contents:
  • Front Cover
  • Exploring The Future of Russia's Economy And Markets: Towards Sustainable Economic Development
  • Copyright Page
  • Acknowledgments
  • Contents
  • About the Editor
  • About the Contributors
  • Preface
  • Chapter 1 How Can FinTech Impact Russia's Development?
  • 1.1. Introduction
  • 1.2. Payment
  • 1.3. Loan and Credit
  • 1.4. Investment
  • 1.4.1. Money Markets
  • 1.4.2. Fixed Income and Equity Investments
  • 1.4.3. Artificial Intelligence in Investment
  • 1.5. Insurance
  • 1.6. The Next Steps Ahead for FinTech in Russia
  • 1.7. Summary
  • References
  • Chapter 2 The Impact of Commercial Banking Development on Russian Economic Growth
  • 2.1. Introduction
  • 2.2. Literature Review
  • 2.3. How Financial Development Affects Economic Growth
  • 2.4. Methodology
  • 2.5. Model to Identify Control Variables
  • 2.6. Financial Development and Economic Growth
  • 2.7. Conclusion
  • References
  • Chapter 3 The Russian Stock Market: Risks and Growth Drivers
  • 3.1. Introduction
  • 3.2. The Overall Performance of the Russian Stock Market
  • 3.3. Empirical Analysis of the Risk Factors
  • 3.3.1. Data and Methodology
  • 3.3.2. Estimation Results
  • 3.3.2.1. International CAPM Without Local Risks
  • 3.3.2.2. International CAPM with Domestic Risks
  • 3.4. Growth Opportunities
  • 3.5. Conclusion
  • References
  • Acknowledgments
  • Chapter 4 Will Industry 4.0 and Other Innovations Impact Russia's Development?
  • 4.1. Introduction
  • 4.2. Literature Overview
  • 4.3. Industry 4.0 and the IoT: Toward a New Russian Industrial Development?
  • 4.3.1. Substantiating Perspectives of Industry 4.0 as a Top-priority Direction of Sustainable Industrial Development of Rus ...
  • 4.3.2. A Strategy for Optimizing the Sustainability of Industrial Development
  • 4.4. Conclusion
  • References.
  • Chapter 5 Industrial Development, Structural Changes, and Industrial Policy in Russia
  • 5.1. Dynamics of Industrial Production in Russia and Abroad
  • 5.2. Key Features of the Russian Economy and Industry
  • 5.3. Industrial Development in Russia since 2005: Major Changes and Trends
  • 5.4. Stages of the Industrial Development in Russia since 2005 and Role of the Government
  • 5.5. Contemporary Industrial Policy in Russia: Relevant Examples and Basic Types
  • 5.5.1. Compensation or Prevention of Possible Adverse Changes
  • 5.5.2. Catching-up Development
  • 5.5.3. Advance Development
  • 5.6. Strategic Objectives of Industrial Development in Russia and Industrial Policy Instruments of the "New Wave"
  • 5.7. Conclusion
  • References
  • Chapter 6 Clusters and Innovational Networks Toward Sustainable Growth
  • 6.1. Introduction
  • 6.2. The Development of Clusters and Innovational Networks
  • 6.3. Scenarios of Future Growth of Russia's Economy: A Game Theory Approach
  • 6.4. Recommendations and Policy Analysis
  • 6.5. Conclusion
  • References
  • Chapter 7 Will the Circular Economy Be the Future of Russia's Growth Model?
  • 7.1. Introduction: The Circular Economy
  • 7.2. The Circular Economy: Theoretical Grounding
  • 7.3. Applied Research Methods
  • 7.4. What Are and Could Be the Economic Benefits of the Circular Economy for Russian Economic Growth?
  • 7.5. Conclusion
  • References
  • Chapter 8 Technological Parks, "Green Economy," and Sustainable Development in Russia
  • 8.1. Introduction
  • 8.2. The "Green Economy" in Russia: Tendencies, Problems, and Perspectives
  • 8.3. The Development of Technological Parks in Russia and Their Contribution to the "Green Economy"
  • 8.4. Policy Implications and Recommendations
  • 8.5. Conclusion
  • References
  • Chapter 9 Oil and Gas Industry's Technological and Sustainable Development: Where Does Russia Stand?
  • 9.1. Introduction
  • 9.2. Review of Oil and Gas Industry in Russia: The Crisis of 2014
  • 9.3. Ruble vs Dollar in Russian Oil and Gas Industry
  • 9.4. The Importance of the Arctic Zone
  • 9.5. Lessons of 2014 Collapse for Russian Oil and Gas Sector and New Ways to Develop Natural Resources
  • 9.6. Innovative Development in Oil and Gas Sector
  • LNG
  • 9.7. Conclusion
  • References
  • Chapter 10 TNCs in Russia: Challenges and Opportunities
  • 10.1. Introduction: Features of Postcrisis Development
  • 10.2. The Position of TNCs on the Russian Market: The Starting Point
  • 10.3. Scenario Modeling
  • 10.4. Prospects of TNCs at the Russian Market
  • References
  • Chapter 11 The Impact of International Sanctions on Russia's Sustainable Development
  • 11.1. Introduction
  • 11.2. Sanctions Against Russia: Reasons and Chronology of Introduction, Classification
  • 11.3. The Negative Side of the Anti-Russia Sanctions
  • 11.4. Positive Aspects of Anti-Russia Sanctions
  • 11.5. Russian Counter-sanctions: Overview, Chronology, and Prospects
  • 11.6. Conclusion
  • References
  • Chapter 12 Russia in Global Value Chains: Levels of Participation and Distribution of Gains
  • 12.1. Introduction
  • 12.2. Methodology of New Statistical Approach for Analyzing GVCs
  • 12.3. Measuring Russia's Participation in GVCs
  • 12.3.1. FVA in Russian Exports
  • 12.3.2. DVA in Russian Exports
  • 12.3.3. Russia's GVC Participation Index
  • 12.3.4. Sectoral Dimension of Russia's Participation in GVCs
  • 12.4. Gainfully Linking into GVCs
  • 12.5. The Future of Russia's Integration into GVCs
  • 12.6. Concluding Remarks
  • References
  • Chapter 13 Growth Scenarios for the Russian Economy
  • 13.1. Introduction
  • 13.2. A Brief Overview of Russia's Socioeconomic Development and Economic Growth Strategies
  • 13.3. Methodological Thoughts
  • 13.3.1. Theoretical Model
  • 13.4. Empirical Model.
  • 13.5. The Empirical Model Estimation Results
  • 13.6. Prerequisites for Making Medium-term Development Scenarios
  • 13.6.1. Human Capital Growth Rate
  • 13.6.2. Growth Rates of the Population Size, Economically Active Population and Employment
  • 13.6.3. Oil Price, Interest Rate, and Quality of Institutions
  • 13.7. Scenario Calculations Main Findings
  • 13.7.1. Investments and Accumulated Capital
  • 13.7.2. Total factor productivity
  • 13.7.3. GDP and Per Capita GDP Growth
  • 13.8. Conclusion
  • Acknowledgments
  • References
  • Index.