Sociological Theories: a View on the Economy
From October 25th – 28th an international academic conference ‘Embeddedness and beyond: Do sociological theories meet economic realities?’ took place at the HSE. Here are some video interviews with conference participants.
Economic theories are focused on explaining the current processes, but their deep understanding, according to the conference organizers, is only possible with the attraction of related sciences, which try to show that economic life is rooted in culture, institutions, everyday practices and other phenomena. One such science is economic sociology. Over the last 20 years it has been competing with such disciplines as new institutional economics, rational choice theory, relationship marketing and others, in the effort to explain economic phenomena.
The economic sociology conference ‘Embeddedness and beyond: Do sociological theories meet economic realities?’ was a unique event not only for Russia, but globally, too. Leaders in this field from all continents took part in its organization: the ‘Economy and Society’ committee of the International Sociological Association (ISA) and the European Sociological Association (ESA) Economic Sociology Research Network with the support of the ASA Economic Sociology section were all represented. Over 200 sociologists from Australia, England, Brazil, Germany, Canada, New Zealand, USA, France, and other countries participated in the conference. Their aim is to comprehend the development of the new economic sociology, and to evaluate the advantages and limitations of this approach in explaining key economic problems.
The topics of papers and discussions at the conference included financial markets, globalization and the crisis in modern capitalism, labour markets, the role of economic theories in economic life, the role of culture in the modern economy, as well as innovations and institutions.
Honorary speakers at the forum included Frank Dobbin (Harvard University), Karin Knorr Cetina (University of Chicago), Glenn Morgan (University of Cardiff, UK), David Stark (Columbia University), Laurent Thevénot (Ecole des Hautes Etudes en Sciences Sociales, Paris), Brian Uzzi (Kellogg School of Management, Northwestern University), Roberto Fernandez (Massachusetts Institute of Technology), and Marion Fourcade (University of California, Berkeley).
Zoya Kotelnikova, specially for the HSE News Service
In Russia, women earn about 70% of what men earn in wages. In the academic sector, this gap is smaller. However, although women make up a majority at universities, wage gaps between the two genders still persist. To find out why this is the case, IQ.HSE spoke with Victor Rudakov, Research Fellow at the Institute of Institutional Studies.
Experts from the HSE Centre for Business Tendency Studies (CBTS) analysed for the first time the growth of the manufacturing industry in CIS countries between 2004 and 2016. It was conducted within the framework of a regional project of the United Nations Industrial Development Organization (UNIDO) “Improvement of industrial statistics and development of indicators of industrial performance for policy-relevant analysis in CIS countries”.
Post-Soviet life and the economic ups and downs of recent years have changed the attitude of Russians towards saving. Now, it is not the less fortunate who save, but the more intelligent, according to Elena Berdysheva and Regina Romanova. Or, more to the point, it’s the more intelligent women: domestic finances are usually dealt with by females. At HSE’s recent XIX April International Academic Conference, researchers explained how Russians adjusted and optimized family budgets following the crisis of 2014-2017 and how this relates to gender issues.
HSE and Moscow Exchange are founding a joint Department of Financial Market Infrastructure at the Faculty of Economic Sciences. It will bring together HSE lecturers and Moscow Exchange staff. Students will be offered new courses and will also have the opportunity to participate in project work and undertake internships at the Exchange.
The notion that Karl Marx's works have been studied inside and out is fundamentally incorrect. The huge body of his manuscripts has still not been completely processed, and his seminal work, Capital, was only recently published with the final edits of the author. The 19th April Conference at the Higher School of Economics included the section ‘Methodology of Economic Science’ which was devoted to the work of the German philosopher and political scientist. Independent researcher and professor from Berlin, Thomas Kuczynski, gave a presentation at the conference which pointed out numerous aspects of Marx’s continuous rethinking of allegedly fixed truths.
The main objectives of the newly-signed agreement include the development of scientific cooperation between Thomson Reuters and HSE, the exchange of experience and information in the field of law and the improvement of the legal education process.
In 2018, a new Master's programme, ‘Lawyer on the Global Financial Market’, will be launched at the Higher School of Economics. The programme’s Academic Supervisor, Anton Selivanovskiy, and the Chairman of the Academic Council, Oxana Oleynik, explained how it came about and what it will offer students.
Experts at HSE have shown that the foreign direct investment is an important and necessary determinant for positive return on exports. Such companies consequently encounter a higher level of competition in terms of quality and intensity. Research results have been published in the Baltic Journal of Management.
HSE experts demonstrated that companies with foreign participation have an easier time overcoming the consequences of economic recessions. The results of the study were presented in the paper ‘Lean against the wind: The moderation effect of foreign investments during the economic recession in Russia’ published by the Journal of Economics and Business.
Oleg Ananyin, Tenured Professor, Professor in the Department of Theoretical Economics (Faculty of Economic Sciences), Academic Supervisor of the ‘Politics. Economics. Philosophy’ master’s programme, Chairman of the Education and Teaching Methods Council, Member of the HSE Academic Council, spoke on his academic interests, as well as shared his thoughts on the development of HSE and Russian economic community.