National Award Ceremony in Applied Economics Held at HSE
The prestigious National Award in Applied Economics 2016 has been granted to Ekaterina Zhuravskaya, Professor at the Paris School of Economics, and Evgeny Yakovlev, Professor and Director of the New Economic School Data Centre, for their paper ‘The Unequal Enforcement Of Liberalization: Evidence From Russia's Reform Of Business Regulation’. The National Award ceremony took place on April 20, 2016 as part of the XVII April International Academic Conference on Economic and Social Development.
The National Award in Applied Economics was established in 2009 by the Higher School of Economics (HSE, Moscow), New Economic School (NES, Moscow), the Ural Federal University (UrFU, Ekaterinburg), Association of Russian Economic Think Tanks (ARETT, Moscow), RAS Institute of World Economy and International Relations (IMEMO RAS), and Expert business magazine (Moscow). The award is given once every two years for outstanding published papers that analyse the Russian economy at the country, industry, regional, or company level.
This year 20 papers were nominated, two of them were rejected by the jury as they did not meet the formal criteria such as nomination and publication deadlines. A total of 18 papers were sent for anonymous review to at least two experts, more than half of whom were international scholars from leading universities and research centres.
17 of 18 papers represent the articles published in international journals, including Journal of the European Economic Association, Review of Economics and Statistics, Journal of Development Economics, Journal of Law and Economics and Journal of Comparative Economics. The papers were either written by Russian or international authors alone or co-authored by Russian and international scholars. The number of papers in each category was approximately the same.
‘The fact that many works submitted to the contest were co-authored by Russian and international researchers, published in leading peer-reviewed journals, and widely cited means that the Russian economy is an interesting research topic internationally, and that Russian scholars are well-known and highly qualified,’ — said Laura Solanko, Senior Advisor at the Bank of Finland, member of this year’s jury and the winner of the National Award in Applied Economics - 2014.
The topics were quite varied, ranging from individual and company behaviour on the stock and labour markets to the role of economic and political institutions in economic development, as well as issues related to Russia’s economic history.
Ekaterina Zhuravskaya and Evgeny Yakovlev examined the Russian reform of the early 2000s aimed at decreasing regulatory costs for business.
‘This paper examines the critical question in the development economics: how economic liberalization affects the performance of small businesses, — said Alexander Muraviev, member of the jury and Associate Professor at the HSE St. Petersburg School of Economics and Management. The main conclusion of the study is that liberalization has a positive impact on the performance of small firms and affects the growth of small businesses as a whole. The positive effect is stronger in regions with more transparent local government, better informed residents, stronger and more reform-oriented business lobbyists, and broader autonomy, in other words, in regions with stronger institutions. In our opinion, the work is not only interesting from the point of view of economic science, but may also help to respond to the challenges faced by the Russian economy.’
During the ceremony several papers received honourable mention, including the following:
- Serguey Braguinsky, Sergey Mityakov, and Andrey Liscovich, 2014. Direct Estimation of Hidden Earnings: Evidence from Administrative Data. Journal of Law and Economics, 57(2): 281-319.
- Julia Shvets, Judicial Institutions and Firms’ External Finance: Evidence from Russia, Journal of Law, Economics and Organization, August 2013 29: 735-764.
- Irena Grosfeld & Alexander Rodnyansky & Ekaterina Zhuravskaya, 2013. Persistent Antimarket Culture: A Legacy of the Pale of Settlement after the Holocaust, American Economic Journal: Economic Policy, American Economic Association, vol. 5(3), pages 189-226.
Academic Council: HSE University’s Contribution to Achieving National Goals and Development Priorities to Increase
HSE University’s Development Programme until 2030 will be improved in order to increase the university’s contribution to achieving national goals and implementing the priorities of the country’s scientific and technological development. This decision was made by the university’s Academic Council on April 26. The meeting also addressed the principles for the development of HSE University’s external communications, one of which is the creation of a high-quality information field around the university.
Classical economic theory assumes that economic agents are entirely self-interested and rational in their pursuit of material well-being, and that they are not affected by external factors. As a result, externalities are not considered in any way when constructing economic models. Nevertheless, some sociologists argue for a revision of modern economic theory to incorporate the ethical dimensions of economic agents' behaviour. Kirill Borissov, Professor of the Faculty of Economics at the European University in St Petersburg, spoke at the XXIV Yasin (April) International Academic Conference and shared his observations from creating his own economic model incorporating the factor of envy.
Structural Transformation and Drivers of Sustainable Growth in Russian Economy Discussed at HSE University
The Russian economy has demonstrated high resilience to unprecedented external pressure and has managed to largely adapt to new conditions. As early as this year, it can go from recession to growth. The issue of where to find drivers and resources for this was discussed at a plenary session titled ‘Russian Economy under Sanctions: From Adaptation to Sustainable Growth’ at the XXIV Yasin (April) International Academic Conference held at HSE University as part of the Decade of Science and Technology. Minister of Economic Development of the Russian Federation Maksim Reshetnikov took part in the discussion.
Experts say that interest in news has sharply increased among the Russian audience. At the same time, part of the audience deliberately avoids it. What kind of content is in demand and will people continue to watch TV? These and other issues were discussed at the plenary session ‘ Info-hygiene and Information Elitism: How to Consume Media Properly’ at the XXIV Yasin (April) International Academic Conference.
Africa has the potential to become a new economic giant. Today, African countries are interested in comprehensive cooperation and strengthening their positions in the global arena, and they look forward to receiving assistance from Russia and China in developing their technology, economy, and social sphere. Effective engagement with Africa requires training a greater number of professional African studies specialists. The XXIV Yasin (April) International Academic Conference at HSE University featured a plenary session on 'Africa in a Changing World'.
Dementia, a debilitating form of cognitive impairment, can be preventable. According to Professor Jubin Abutalebi of the University Vita Salute San Raffaele, Italy, and the Arctic University of Tromsoe, Norway, the easiest way to prevent cognitive decline after the age of 60 is to learn and practice foreign languages – the more languages, the better, suggests Professor Abutalebi in his presentation 'Preventing dementia through bilingualism' at the XXIV Yasin (April) International Academic Conference.
Today, BRICS has become an influential factor in modern international relations and is perceived as one of the pillars of a more just world order. This association is not based on one party’s dominance, but instead, is built on a sound balance of interests. The role of the association was discussed by the participants of the plenary session ‘BRICS Development Strategy: Equal Opportunities in an Unequal World’at the XXIV Yasin (April) International Academic Conference.
Like any crisis, the sanctions of 2022, besides problems, have created new opportunities for Russian companies. This is the conclusion that HSE University’s experts have come to. Their study results are presented in the report ‘Adaptation of Russian Industrial Companies to Sanctions: First Steps and Expectations’, prepared by HSE University for the XXIV Yasin (April) International Academic Conference.
Experts have calculated that the number of international students in Russia has grown six times over the last decade, and researchers say that many of those who are studying today would like to stay in the country. This, alongside issues such as why Google Trends are worth looking into, were covered at the HSE XXIV Yasin International Academic Conference on Economic and Social Development section on demography and labour markets.
HSE University is hosting the XXIV Yasin (April) International Academic Conference on Economic and Social Development in Moscow from April 4–14. The conference has attracted over 3,000 leading researchers, experts, business representatives and government officials from over 30 countries. The leaders of HSE University—Rector Nikita Anisimov, Academic Supervisor Yaroslav Kuzminov, and President Alexander Shokhin—addressed the conference participants.