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This book focuses on the notion of the environmental sustainability of the economy. The Sustainable Development Goals, formulated by the UN, led to the formation of a concept of the environmental sustainability of the economy. This concept implies the harmony of economy and environment, achieved due to the support for the SDGs in the economy. This book is original due to its reconsidering the environmental sustainability of the economy from the position of crises. The theoretical significance of the book consists in the development of an anti-crisis approach to the provision of the environmental sustainability of the economy: responsible nature use based on digital markets and smart governance. The proprietary approach allows for the comprehensive description of the potential of the leading technologies—artificial intelligence (AI), robots, the Internet of Things (IoT), and blockchain—to support—during their use in smart governance—crisis management of the environmental sustainability of economy. The book’s practical significance is due to the description and detailed discussion of the modern international experience of responsible nature use given the specifics of developed and developing countries. The anti-crisis approach to the provision of the environmental sustainability of the economy is based on digital markets: FinTech, EdTech, GovTech, AgroTech, and EnergyTech, the practice of which is described in the book with the help of multiple examples from the international experience and case studies. The book is aimed at scholars who study environmental economics. In this book, they find an innovative view of the environmental sustainability of the economy in its close connection with economic crises.
In the digital economy, a new type of business activity, digital entrepreneurship, has developed rapidly and required breakthrough technologies such as blockchain, big data, cloud technologies, and more. There is a need for a comprehensive resource that provides all-encompassing insight into the essence, special aspects, models, and international best practices of e-business based on various digital technologies in various high-tech markets. Digital Technologies for Entrepreneurship in Industry 4.0 provides theoretical frameworks and recent results of research in this sphere. It substantiates digital entrepreneurship, discusses the practical experience of its implementation, and develops the scientific and methodological recommendations for the development of its infrastructural provision and regulation of provision of its competitiveness. Covering topics such as investment attractiveness, corporate reporting modernization, and public-private partnership mechanisms, this premier reference source is an excellent resource for entrepreneurs, business executives and managers, investors, IT managers, students and faculty of higher education, researchers, and academicians.
This book is devoted to strengthening the theoretical and methodological basis, systematization of international experience, and scientific elaboration of prospects for developing a climate-smart economy and business as a vector of the sustainable development of Industry 4.0 in the Decade of Action. The first part of the book focuses on climate-responsible entrepreneurship in support of the sustainable development of Industry 4.0. The part systematizes best practices for climate-smart green innovations across sectors of the digital economy. The third part reveals the experience of climate risk management based on smart green innovations in regions and countries. Particular attention is paid to the best practices of the European Union (EU) and the Eurasian Economic Union (EAEU). The book ends with part four, which explores ESG climate risk management and green finance in support of combating climate change. The book’s novelty is that it rethinks the environmental footprints of Industry 4.0 from the perspective of climate risks and their management. The theoretical significance of the book lies in the formation of an innovative concept of climate change risk management, in which the economy, society, nature, and technology are presented and interact effectively. The book is intended for scientists. In this book, they will find an innovative and systemic vision of smart green innovations in Industry 4.0 for climate change risk management. Â
Social entrepreneurship is one of the most controversial actualities of the modern economy. On the one hand, social entrepreneurship makes up for "market failures" and prevents the deficit of socially essential goods and services in the marketplace, acting as their supplier. On the other hand, the survival of social entrepreneurship in an aggressive market environment is a challenging task, the fulfilment of which may distort the original essence of social entrepreneurship. Comprising a collection of research presented at the International Scientific Conference Advanced Issues on Social Entrepreneurship, this contributed volume offers a global economic analysis of social entrepreneurship. Whilst social entrepreneurship is indispensable to the modern economy, the current controversial model of its organization means it cannot fully accomplish its mission. This book offers potential solutions to this problem with the global and national strategies of economic growth and social progress. It includes a focus on emerging markets, in which the role of social entrepreneurship is especially high. This book is aimed at scholars and students who are interested in social entrepreneurship and corporate economics, and practitioners involved in this field. It will also be of interest to policy makers in the development and implementation of a national economic policy for support for social entrepreneurship in emerging markets.
This book addresses current challenges in public administration and regional management in Russia. By taking into account socio-economic factors, as well as key ethnic, cultural and social processes in multicultural regions, it identifies the prerequisites for successful public governance and regional management. The respective contributions cover a broad range of topics, including digitalization trends, managerial approaches, diversification strategies, and corporate cultures. Moreover, the book discusses the effects of ethnopolitical tensions and interethnic tolerance on public administration in Russia's multicultural regions. Given its scope, the book offers a valuable resource for scholars and public servants at governmental institutions.
This book is the result of recent research by contemporary scientists on topics which were discussed at the conference of the same name in Volgograd, Russia in April 2017. The global economic system is currently in a stage of active formation and development: its boundaries and conditions of existence are constantly changing, which is accompanied by crises that influence the economic systems of its member countries. In order to solve problems emanating from global economic crises, a new direction was formed in modern science - global crisis management. Development of this direction requires the formation of the accompanying categorical apparatus, the development of a corresponding scientific and methodological basis, and the engagement in extensive practical research.
This book analyzes the evolution of foreign trade cooperation between Russia and China in the context of the rapidly growing global economy, especially in the Asian-Pacific region. The approach presented in the book is characterized by a comprehensive view on macroeconomic dynamics and the process of evolving means of production. The authors describe characteristics of national innovational economies with examples from countries in the Asian-Pacific region.
This book describes the importance of integration and clustering in creating sustainable economic growth. Modern economic conditions demonstrate the need for governmental stimulation of cluster initiatives in entrepreneurship, and make it necessary to study the experience of developed countries in the sphere of stimulation of cluster initiatives in entrepreneurship, and to offer recommendations for improving the system of state stimulation of these initiatives. The authors conclude that at present, innovational economy is an economic system that functions on the basis of business networks, as this model offers innovational cooperation between specialists from various scientific and technical spheres, between organizations of various sizes (large, medium, and small), and between groups of various types of companies. Cluster strategy in modern global practice is one of the most important tools of public policy for increasing the competitiveness of national economies. This means that the most competitive spheres develop on the basis of the cluster principle, and support for cluster building increases a country's economic competitiveness.
This book focuses on the economic and political relationships between Russia and Europe, which are currently characterized by the existence and escalation of contradictions. On the one hand, the common history and geographical proximity of Russia and Europe have naturally produced a close interdependence; on the other, current global political affairs and opposing positions continue to hinder the development of common economic relationships in Russia and Europe. This contributed volume describes integration processes in Russia and Europe to illustrate best practice examples and demonstrates how both parties have increasingly come to understand the importance of international cooperation, highlighting economic, legal, philosophical, political and sociological aspects.
This book reflects the futuristic scientific view of the consequences of transition to Industry 4.0 for climate change. The authors present a systemic overview of the current negative consequences of digitization for the environment, new outlines of the energy sphere in Industry 4.0 and the change of the environment pollution level in Industry 4.0. The book also analyses the ecological consequences of growth and development of Industry 4.0, and considers Industry 4.0 as an alternative to fighting climate change. The book presents a view on fighting climate change in Industry 4.0 from the positions of shifting the global community's attention from environment protection to formation of the digital economy. A logical continuation of this book is a view from the opposite side, which would allow reflecting the contribution of Industry 4.0 into fighting climate change and the perspectives of harmonization of these top-priority directions of the global economy's development. This book will be of interest to academics and practitioners interested in climate change and development of Industry 4.0, as well contributing to a national economic policy for fighting climate change and corporate strategies of sustainable development in Industry 4.0.
This book addresses changes in socio-economic systems. To do so, it employs the evolutional approach, which views changes in socio-economic systems from an evolutionary standpoint connecting the past, present and future, and focuses on preventing sudden, high-risk changes. The changes in socio-economic systems are also studied with the help of the system approach, which calls for assessing complex economic subjects, characterized by the sustainable connections between their elements, as socio-economic systems. Combining these two approaches in the context of studying the changes in socio-economic systems is unprecedented in modern economic science. The book studies various issues that cover both fundamental aspects of the system organization of economy and management and applied aspects of managing changes in socio-economic systems. The target audience of the book includes scholars and experts whose work involves studying the dynamic process of modern socio-economic systems' development. The scientific conclusions and practical recommendations that the book provides can be applied to the development and implementation of state economic policy in various countries around the world.
This book determines the specific features of socio-economic transformations of various spheres of the national economy with a focus on the financial system. It considers the development of industrial holdings in the electric energy sphere and also studies the influence of technology on fish farming in modern Russia. The global factors of using digital technologies at the municipal level during creation of "green" and "smart" cities are analyzed. The perspectives of development of tourism in the digital economy from the positions of supply and demand and are determined. The specifics of development of agricultural production in the age of digital transformations by the example of modern Russia are outlined, and "smart" agricultural platform, which allows for multiple increase of the agro-industrial complex's efficiency, is developed. New possibilities and need in reformation of the international monetary system in the conditions of the Fourth industrial revolution are determined. The problems and perspectives of development of Eurasian stock markets in the modern economic conditions under the influence of wide distribution of digital technologies are systematized. Specific features of the evolution of the forms of money - from gold to crypto currencies are - are distinguished. Specific features of benchmarking of depreciation of currencies (inflation) under the influence of globalization and regionalization of the international monetary system are determined. The authors present a concept of the banking system of the future in the conditions of macro-economic instability, which stimulates financial crisis management of the national economy, and determine the role of banks in aggregation and redistribution of monetary resources in economy in the context of digital transformations. Also, attention is paid to social consequences of digital modernization of the financial system - transformation of human's social life in the age of innovative banking is shown. Effectiveness of online banking, as a new form of payments that is popular in the digital economy, is analyzed. The authors formulate competencies that employees of banks of the future, which will function in the digital economy, should have and study the perspectives of digitization of the practice of tax administration based on technological processing and analytics of Big Data by the example of experience of modern Russia, as well as related transformation processes in the existing practice of the tax system organization. A concept of organization and management of the national tax system in the conditions of robotization of production and consumption is developed, and the role of blockchain technologies in improvement of the modern Russian tax system is determined. The investment platform for the modern digital economy is offered. As a result, the scientific paradigm of formation of the digital financial system in the conditions of Industry 4.0 is formed.
This book addresses a wide range of issues relating to the theoretical substantiation of the necessity of Industry 4.0, the development of the methodological tools for its analysis and evaluation, and practical solutions for effectively managing this process. It particularly focuses on solving the problem of optimizing the development of Industry 4.0 in the context of knowledge economy formation. The book presents the authors' approach to studying the process of Industry 4.0 formation in connection with knowledge economy, and approach that allows the process to be studied in connection with the existing socio-economic and technological conditions. As a result, the conclusions and recommendations could be applied to modern economic systems and do not require any further elaboration. The presented research is based on modern economic theory scientific and methodological tools, including the tools of the theory of economic cycles, the theory of games, and the institutional economic theory. Raising awareness of the problem of Industry 4.0 formation, the book is of interest to a wide audience, including not only specialists and experts with a detailed knowledge of the topic, but also scholars, lecturers, and undergraduates of various fields of economics.
This book presents a scientific view of fighting climate change in the economy of the future, the foundations of which are being set around the world. The authors substantiate the potential of Industry 4.0 in stimulating sustainable development in environmental protection and preservation of natural resources. This book considers the modern experience of fighting climate change based on possibilities of Industry 4.0 at the national scale in view of developed and developing countries with a special focus on Russia and at the corporate scale by the example of transnational corporations. It determines the future contribution of Industry 4.0 into development of responsible production and consumption, and compiles the "outlines" of "green" economy in Industry 4.0. It offers recommendations for control of climate change in Industry 4.0, and presents the authors' vision of ecological responsibility in Industry 4.0 for implementing the sustainable development goals. This book will be of interest to academics and practitioners interested in climate change and development of Industry 4.0, as well contributing to a national economic policy for fighting climate change and corporate strategies of sustainable development in Industry 4.0.
This book deals with the consistent elaboration of the research and practice basis for agricultural development based on Agrotech using groundbreaking technologies AI, big data and IoT. The authors have presented a new scientific view of agriculture in Agrotech. International experience in the formation and development of Agrotech has been reviewed and analyzed. Current problems in agriculture have been identified, and prospects for solving them with the use of Agrotech have been outlined. The authors have identified strategic development priorities of Agrotech and their advantages which include: first, the transition to extended reproduction in Agrotech for overcoming global hunger and ensuring food security, second, emergence of climate-resilient agriculture in Agrotech for the risk management in agribusiness, third, emergence of regenerative land use in Agrotech to improve the ecological efficiency of agriculture, fourth, creating high-performance jobs in Agrotech and ensuring the responsibility of agribusiness and fifth, development of autonomous agricultural production based on Agrotech to ensure food security in countries with adverse climate for agriculture. Applied recommendations for the development of Agrotech for agribusiness and state authorities managing the agricultural economy. Special chapter of the book deals with the elaboration of possible suggestions on legislative and normative aspects of AgroTech for developed and developing countries, making it possible to supplement recommendations for business with applied solutions and suggestions on State and legal regulation of AgroTech.
This book develops a socio-economic paradigm of the future in the context of digital transformation. The challenge of economic openness is considered through the globalization of the world economic system by the example of modern Russia. The tendency of archaization of socio-economic relations is explored which is connected with the gradual disappearance of ineffective institutes and their replacement by new institutes. Attention is paid to the regional aspect of the digital economy - perspectives of development of the ethno-economy in the context of integration of regional economic systems are determined. The problem of preserving social identity and supporting the uniqueness of competitive advantages of the region's economy in the conditions of digitization is actualized, and its perspective solutions based on a region's globalization management are offered. Also, the problem of national and regional food security is considered. Increased social significance of the agro-industrial complex and the necessity for its de-economization on the platform of the digital economy are substantiated. A new concept of the market economy in the conditions of digitization and the Fourth industrial revolution is developed; economic power of technological progress and possibilities of managing and re-directing this power are determined. The authors substantiate the transition to the Sixth technological mode and the related transformation processes in the economy. Also, the authors dwell on the problem of the shadow economy and corruption and consider the perspectives of its overcoming based on the possibilities of digital technologies. The idea of de-regulation based on the possibilities of automatization and AI is opposed to the idea of increase of state regulation based on ubiquitous computing and digital monitoring of economic activities. The perspectives of increasing the economy's transparency in the digital age are proved. The alternatives to the current model of development of the digital economy are given, and scenario analysis of consequences of observing these models based on the cognitive approach is performed. New opportunities for development of the integration processes in entrepreneurship in the conditions of the digital economy are shown - in particular, in the aspect of inter-regional and transnational sectorial clustering. Clusters are considered as growth points of the Russian economy, and the new Russian experience of formation and development of clusters in the sphere of higher education in the context of region's economy is studied. The authors determine the contribution of key technological events in the development of entrepreneurship through the example of modern Russia. They come to the conclusion that despite the unique possibilities digital technologies do not necessarily create additional value for entrepreneurship, and their application could be ineffective due to additional capital expenditures in case of complexity of return of long-term venture investments. The needs of entrepreneurship for innovative infrastructural provision in the context of the digital economy are determined, and barriers on the path of its creation and practical application due to necessity for applying new forms of business organization are shown. Specific features of state management of a region's economy in the conditions of digital modernization are shown, and the modern Russian practice of e-government as a response to the modern challenges is studied. The authors outline new perspectives of development of public-private partnership as an effective direction of industrial and cluster policy of a modern region.
The strategies and practical approaches for socio-economic development are undergoing systemic changes under the influence of new developments in global economic systems and markets. The most significant factors influencing such changes are connected to the start of the Fourth Industrial Revolution (Industry 4.0), which is impacting all economic systems to a greater or lesser extent. The creation of the digital economy and transition to Industry 4.0 particularly increases the significance of hi-tech for socio-economic development. Secondly, there is now a transition underway from a period of unlimited globalization and comprehensive integration to more limited globalization and selective economic integration. The growing importance of regionalization on the global economic system is manifested in the formation and rapid development of new integration unions at the regional or country level (e.g., the EU and the EAEU), and company level (e.g., regional sectoral economic clusters, special economic areas, technological parks, and innovative networks). Thirdly, there's an urgent need for faster innovation, which leads to the formation of more innovative economies. The global financial crisis drew attention to the problems of managing sustainability and achieving balance in socio-economic development. The formation and exponential growth of the information society, based on digital technologies, is now stimulating the growth and significance of corporate social and environmental responsibility as a prerequisite for entrepreneurial success. Thus, the paradigm of socio-economic development is changing from absolute rationality (economic effectiveness) and stability - which has historically been associated with problems of stagnation - to responsibility (limited and socially-oriented rationality) and dynamism (quick innovative development based on leading technologies). This book aims to provide a scientific substantiation for this new paradigm.
The transition to Industry 4.0, and the subsequent ubiquitous digitalization and integration of artificial intelligence (AI) into the economic system, has set the stage for a fundamental change - one towards forming a cyber economy: a type of economy in which humans are economic subjects who interact with or are confronted with AI. This book examines these interactions and specifically analyzes the overall effects of digitalization on the workplace, and on the economic system of the future. Scholars from a diverse range of fields address both the challenges and opportunities of using AI in business sectors, as well as the role of people dealing with digital channels. In closing, the book discusses the need to, and options for, training and educating the labor force in the digital age.
This book is concerned with the systemic examination of the prospects for the development of smart agriculture for sustainable development. This book substantiates the top-priority significance of smart innovation in agriculture for modern economic and ecological systems. The book not only examines the theoretical concept of smart agriculture, but also gives consideration to the rule of thumb in terms of its implementation in different countries worldwide. The book contains both fundamental and applied recommendations on the innovative technological development of smart agriculture in modern economic and ecological systems for sustainable development. The book is not limited to a single vector of development of smart agriculture, but is representative of all of them, making it possible to describe the future prospects in the fullest, most reliable and accurate manner, and to comprehensively present the directions for its development. The book has developed and applied an advanced and sophisticated methodology, the advantage of which consists in the reliance on big data with the use of datasets, which allows improving accuracy, reliability, authenticity, and coverage of results.
This book highlights the environmental footprints and best practices in sustainable agriculture. This first volume includes forty-four interesting chapters that present agriculture in the light of food security, circular economy, sustainability, food exports and imports written by leading experts in the field. It provides and interesting read for researchers, policy makers and professionals in the area of agriculture and economy.
This book highlights the environmental footprints and best practices in sustainable agriculture. This second volume includes fifteen interesting chapters that present agriculture in the light of forest conservation, circular economy, climate change, sustainability, food security during pandemics and soil conservation, written by leading experts in the field. It provides and interesting read for researchers, policy makers and professionals in the area of agriculture and economy.
The book discusses the best international practices in digital agriculture. The book aims to form systemic scientific and methodological support and develop comprehensive applied solutions to unlock the potential of sustainable development of digital agriculture for food security. The book’s contribution to the literature lies in its comprehensive treatment of public and corporate management of farms representing digital agriculture. The research novelty is associated with the systemic disclosure of economic, legal, and technological issues in the development of digital agriculture. Thus, the book provides a solid foundation for integrating food security interests into farming practices. The first part of the book reflects the economic, legal, and technological support of quality management and sustainable development in digital agribusiness based on the best international practices. The second part focuses on Russian and international agricultural policies for food security. The book is intended for members of the academic community who will find promising solutions to current problems of food security through the development of digital agriculture. The book will also be of interest to farmers and representatives of the state regulation of the agricultural economy. In this book, they will find practical recommendations for improving government and corporate management of food security through the development of digital agriculture.
This book explores issues of agricultural development and the provision of food security, providing a core framework and recommendations for implementing sustainable development goals in these areas. Focused on the period up to 2030 to match the timeline of the SDGs, the book surveys the current landscape and the prospects for agricultural development, demonstrating how Agriculture 4.0 based on AI and deep learning must follow from digitalization as the next step to ensuring food security. It brings together research based on analytical and statistical data, including the IMD World Digital Competitiveness Report and the Food Security Report from the Economist Intelligence Unit, and reliable mathematical tools including correlation and regression analysis, forecasting with histogramming, probability estimates, and the simplex method, as well as Game Theory methodology and the hierarchical procedure method of Thomas Lorie Saaty to forecast international scenarios for food security in the future economy. Containing theoretical and practical insights, the book will be of interest to those studying agricultural economics, the digital economy, and concepts of Agriculture 4.0 and Industry 4.0.
This book reflects the futuristic scientific view of the consequences of transition to Industry 4.0 for climate change. The authors present a systemic overview of the current negative consequences of digitization for the environment, new outlines of the energy sphere in Industry 4.0 and the change of the environment pollution level in Industry 4.0. The book also analyses the ecological consequences of growth and development of Industry 4.0, and considers Industry 4.0 as an alternative to fighting climate change. The book presents a view on fighting climate change in Industry 4.0 from the positions of shifting the global community's attention from environment protection to formation of the digital economy. A logical continuation of this book is a view from the opposite side, which would allow reflecting the contribution of Industry 4.0 into fighting climate change and the perspectives of harmonization of these top-priority directions of the global economy's development. This book will be of interest to academics and practitioners interested in climate change and development of Industry 4.0, as well contributing to a national economic policy for fighting climate change and corporate strategies of sustainable development in Industry 4.0.
This edited volume explores and dissects Africa's economic growth and sustainable development using an optimal conceptual model of the progressive continent's development up to and until 2030. Africa is studied not against the background of developed (OECD) and leading developing (e.g. BRICS) countries, but as a separate economy and as a self-sufficient region which follows its own priorities, and implements its own unique opportunities and vectors of growth and development. This volume addresses the contemporary and topical issues of inclusive growth, digital modernisation, and sustainable development, recommending policy outcomes for the future. |
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