Acquisition of the Severnaya Neft company: Retrospective analysis of the transaction effectiveness

This paper presents a retrospective investigation into the effectiveness of the integration transaction involving the acquisition of oil and gas assets from OAO Severnaya Neft by OAO Rosneft. The main points of the transaction are highlighted, key economic indicators of the company’s activity before and after the transaction are presented, and the performance of its main financial ratios is analyzed. On the basis of data on the subsequent development of OOO RN-Severnaya Neft within the structure of OAO Rosneft, it is shown that this transaction was appropriate.     

System effects of integration of electric power complexes in CIS countries

The paper considers the present state and prospects for the future of the electric power systems (EPS’s) of post-Soviet countries. In an analysis of the dynamics of exchanges of electric power flows between these countries, the systemic effects of the current interaction have been found and some of them economically estimated. Estimates are given of the potential capacity effects from the coincidence of annual and daily curves of power load that can be achieved at present and in prospect until 2030 due to cooperation between these national energy systems. The obtained results show a considerable potential of power integration in the region.     

Features and competition in the market for mortgage insurance in the Russian Federation

The provision of mortgage insurance is considered in the article based on market research and of programs for comprehensive mortgage insurance, for mortgage insurance, and for mortgage insurance without involving insurance mechanisms. As follows from the analysis based on the characteristics of the Russian market of mortgage insurance, we can predict its development taking into account factors of intermarket competition.     

Evaluation of economic crises using short-term indexes and average indexes of economic security of Russia

A system of short-term indicators of economic security of Russia has been suggested for possible use in predicting the origin of crises. A comparative analysis of the 1998–1999, 2008–2009, and 2014–2015 crises has been performed. The formative premises of the crises and their impact on financial sector, real economy, foreign trade, and social welfare have been considered. A technique of synthesizing average indexes in different projections of economic security system has been suggested, and the particularities of their joint combined dynamics have been considered.     

Social entrepreneurship in the system of social policy: International experience and prospects of Russia

The article deals with a relatively new phenomenon for Russia, i.e., social entrepreneurship. Based on an analysis of international experience in the development of social enterprises, their characteristics have been studied, the advantages and risks in support of social enterprise in meeting the social needs have been revealed, and the problems and prospects of development of social entrepreneurship in Russia have been discussed.     

Grain market in Russia: From crisis to revival

This paper discusses some issues and trends in the world and Russian grain markets; the possible prospects for the development of domestic grain production and the ways of improving the tools for its support and regulation are investigated.     

System and management problems of the electric power industry’s development in Russia

The current management system of Russia??s electric power industry??s development, including industry regulatory documents and mechanisms by which generating capacities are built up, is considered in the article. The management problems of the industry??s development are analyzed. Ways of its further improvement are suggested.