Problems of eurozone expansion to the East: Example of Poland

This article presents real and nominal convergence, which defines the conditions of expansion of the Economic and Monetary Union of the European Union; on the basis of an analysis of the financial and economic problems of Poland, the prospects of its accession to the eurozone are estimated.     

Problems in the creation of an optimal currency zone in the Commonwealth of Independent States

The paper evaluates the features of the Commonwealth of Independent States as a regional economic union of states on the territory of the former Soviet Union. It examines the most noticeable conceptual approaches to the definition of strategy, the directions of CIS development, and the monetary and credit mechanisms of interactions among member states, as well as the feasibility of CIS transformation into an efficient economic union of states.     

Economic analysis of development prospects for air transport in Russia’s sparsely populated regions

This article analyzes the prospects for the development of air transport in remote and inaccessible regions of Russia with a low population density. The influence of the economic and geographical specificity of such regions on the duration and cost of air travel is studied. A complex of organizational and technological solutions and government support measures aimed at improving the quality and accessibility of air carriages for the population of sparsely populated regions is suggested.     

Role of large companies in Russia’s oil and gas complex

The purpose of this article is to reconsider the interaction between major oil and gas companies and the state, which is especially important for modern Russia given its current conditions. General theoretical approaches are presented, as well as calculations of price and financial indicators reflecting the performance of these companies.     

Small enterprises in the RF,their position,and conditions for their development

The development problems of small enterprises are studied. It is shown that despite the important role played by small enterprises in the market economy, which is recognized by the government and by other economic entities, the relative scope of their activities and their output of goods (services) are still insignificant while their innovation initiative is clearly insufficient.     

Scientific and technological interactions between Russia and Ukraine: Forecasting opportunities and mechanisms for their implementation

The paper presents the research results of an investigation into the state of scientific, technological, trade and economic interactions between Russia and Ukraine in terms of their potential, prospects, and problems impeding their cooperation. It is shown that there is a considerable scientific and technological potential both in Russia and Ukraine. Opportunities and conditions for the modernization of both countries’ economies are shown to depend on the coordinated use of their potentials.     

Reconceptualizing the spillover effects of foreign direct investment: A process-dependent approach

Theory suggests that FDI spillovers are a function of the level of foreign presence. We extend this view by developing and testing the premise that variations in spillover effects are the result of differences in the process of foreign entry. Drawing from the concept of time compression diseconomies, we develop the constructs of pace and irregularity of foreign entry, and demonstrate that they negatively moderate the relationship between the level of foreign presence and the productivity of host-country firms. We also explain how and why the moderating role of the process of foreign entry is influenced by the intensity of R&D and technical knowledge in domestic industries. We find evidence that firms operating in low-tech sectors are better able to absorb fast foreign entry.     

Leading global teams

Global teams that are characterized by national, cultural and linguistic heterogeneity and operate in a globally dispersed virtual environment are becoming an established form of organizing work in multinational organizations. As global team leadership research is rather limited, we review the literature on leading multicultural and virtual teams in a global context, focusing on leadership competencies, styles, strategies and modes. We also examine the emergent concepts of biculturalism, global mindset and cultural intelligence with respect to team leaders. Our aim is to add to our knowledge of leading global teams, highlight recent trends and suggest directions for future research. Three themes for global team leadership emerged: leaders as boundary spanners, bridge makers and blenders; people-oriented leadership; and leveraging diversity. We discuss implications for research and practice.