The labour market of Russia’s Kaliningrad exclave amid Covid-19
The Covid-19 pandemic, which has swept across the globe, is a serious challenge to the Russian labour market. This article examines the consequences of Covid-19 for Russia’s Kaliningrad exclave and how its territorially isolated and lockdown-affected small labour market responds to drastic changes in employment, income, and consumption. Another question ...
Identifying Key Stakeholder Groups for Implementing a Place Branding Policy in Saint Petersburg
... article defines the concept of key regional stakeholders and identifies them. The proposed target audience (stakeholder group) model for a place branding policy is tested on the case of Saint Petersburg. The authors show that each target audience of place marketing requires an individual policy. This is explained by the fact that each group enjoys its unique features that should be taken into account when creating and transmitting messages.
1. Scarlet Sails "recognized the best urban event in Europe,...
The dynamics of the world market of gold in the context of the present pulse geopolitical processes. Part 1. Introduction to the problem
The article is devoted to the analysis of the behaviour of bidders in the global gold market affected by short-term and medium-term geopolitical disturbances. The direction, volume, speed and time range of investments in gold are determined depending on the nature of geopolitical threats. Based on non-economic factors, the author reveals ...
The layered approach to assessing marketing effectiveness
In the framework of the research problem of increasing the effectiveness of marketing activities, the authors describe a layered approach to assessing marketing effectiveness with the use of a balanced scorecard system, as well as the results of its practical application in the case of large industrial enterprises of the Kaliningrad ...
The institutional concept of territory marketing management
This article analyses the institutional concept of territory marketing. The authors suggest considering institutional environment as the key factor of territory management and the minimization of the transaction costs as the objective of territory management. The authors substantiate the cybernetic and synergetic ...
Electric energy cooperation in the Baltic Sea region and the role of Russia in it
... closing of the Ignalina NPP (Lithuania), which used to be the primary energy source for the three Baltic States. The article examines key projects of the construction of new international power transmission lines in the framework of the Baltic Energy Market Interconnection Plan (BEMIP) and the prospects of the Visaginas NPP (Lithuania) in solving energy problems of the Baltic States. The author analyses Russia’s role in the electric energy market and focuses on a possible increase of the country’s ...
The Functional and the Instrumental in Market Definition: a Laboratory for Natural Experiments in the Baltics
Reforms of natural monopolies need clear delineations between the industries where market mechanisms contribute to social welfare and those where the costs of a transition to a market economy outweigh the benefits. In this article, we emphasise the difficulty of finding the optimum modes of governance within industries as a whole. Using ...
The resistance of the greater Baltic region states to market cycle changes
A non-linear change process is a specific feature of a poorly regulated market economy. However, many researchers have shown that different economic sectors do not respond to market cycles in a similar way. Regional economic systems are a combination of many sectors, therefore a hypothesis about the correlation between the ...
Platform Markets: Their Place in the Theory of Mesoeconomic System: Development and a Challenge to Spatial Studies
Over the past three decades, researchers across different disciplines have paid close attention to the development of platform markets — an emergent long-term trend in economic policy. I consider platform markets as institutional and technological systems. Platforms create systems of rules and mechanisms that stimulate agents to adopt, maintain, and improve standards disseminated ...
The creation of a common EU energy market: a quiet revolution with far-reaching consequences
The article explores important changes in the EU energy structure and legislation. The authors examine the main stages of the creation of a common energy market in the EU. They analyse recent actions taken by the European Commission and the Court of Justice of the EU against its member states and energy monopolists who directly or indirectly breach the rules of competition in the energy sector. The authors ...
The features of EU energy strategy in the Baltic region
... circumstance, EU leaders and energy structures took a number of organizational measures aimed, on the one hand, at an increase in energy independence of new members of the EU and, on the other hand, at taking into account the recent trends in the energy market development. The research shows that most of the initiatives do not take into account the perspective and interests of Russia, which has a strong presence in the energy market. The analysis conducted will help the assessment of prospects of further ...
Youth unemployment in the Latgale region of Latvia: causes and consequences
... age) in an online survey of respondents in 2016. The results of the study were processed using the Statistika program. The transformation of social and economic processes in the world, Europe and the post- Soviet space has led to changes in the labor market of young people, which are objective and subjective, contradictory, which continue to this day. It is established that the behavioral rationalism of young people (labor mobility, vocational education, etc.) in the regional labor market is combined ...
Correlation-regression analysis of bitcoin characteristics
... article is devoted to the phenomenon of a money surrogate, introduced in the form of a bitcoin, a popular cryptocurrency. The purpose of the research is to study the influence of the price-per-unit value of the cryptocurrency on the indicator of the market capitalization of the bitcoin cryptocurrency through correlation-regression analysis. As a result of the research, the author becomes the first to prove the direct dependence of the mentioned indicators, namely, a strong relationship between the ...
Theoretical Aspects of Cross-border Integration-based Economic Cooperation
... elements of government regulation and social reproduction on the international scale. The author examines the key elements and stages of economic integration. These stages assume a number of consecutive forms: free trade zone, customs union, common market, complete economic integration, and economic union. The article shows that the transition occurs from the lowest to the highest stages — from the processes of integration involving, firstly, trade market and then capital and labour markets to ...
The prospects of entrepreneurship in the formation of new hi-tech markets in the Baltic Sea region
The article offers an analytical review of the prospects for the formation of new hi-tech markets in the Baltic Sea region with the participation of small and medium businesses. In view of the essential features of entrepreneurship, its prospects in the development and implementation of innovations seem to be quite attractive. However, in ...
Interregional and cross-country flows of labor resources in the Kaliningrad region: factors and vectors in the contemporary Eurasian context
... system determines the urgency of migration monitoring and analysis. The aim of the study is to analyze the position of the Kaliningrad region in the labor migration within the transforming geopolitical space. The article describes the regional labor market evolution under the influence of demographic and economic dynamics. The migration situation in the region has been thoroughly considered. It was revealed that, despite the fact that the Kaliningrad region remains highly attractive for migrants ...
On potential role of regional authorities in managing formation an development of market infrastructure
The article examines the role of Kaliningrad region’s government in managing market infrastructure development on the regional level. Special attention is given to the foreign experience concerning the role of regional authorities in formation and development of small- and medium-sized business supporting infrastructure.
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The capacity of Kaliningrad hotel services market
This article analyses Kaliningrad hotel market through examining the level of incoming tourism in 2000–2010. The authors calculate the critical
zone of hotel room availability in Kaliningrad and the maximum number of tourists that can be accommodated in the city
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On Russian/Nordic Investment Competition in the Baltic States
... Russian and Nordic investment in the Baltic, and suggests ways to regulate these relations. To this end, we compare the investment conditions created in the Baltic States for both Russian and Nordic investors. The analysis shows that most of the Baltic market is controlled by the Nordic capital, which blocks the arrival of Russian investment to the Baltic States. With a nod to a number of previous studies, the authors of this article suggest some adjustments to the theory of foreign direct investment....