2018 Issue №1

The article is devoted to forecasting the development of small and medium- size businesses (SMEs) in Russia. The authors offer an algorithm of the identification of development tendencies for small and medium-sized businesses using linear equations. The medium-term econometric model of economic forecasting is based on the application of a set of dominating factors, which were previously selected. The authors present a medium-term trend of SMEs turnover in modern Russian conditions.

The authors explore incentive mechanisms of stimulating private investment as it is reflected in the law on the Special Economic Zone (SEZ) in the Kaliningrad region. Statistics accumulated during the validity period of the law, allows the author to analyze the situation and to draw conclusions about the specificity and the main results of the SEZ mechanisms. The aim of this research is to identify patterns of investment activity in the Kaliningrad SEZ and assess the impact of the zonal fiscal mechanism. The authors use a variety of methods — the method of dynamic analysis, the modelling method, the comparative analysis and graphical interpretation of statistical data. The authors describe the cyclic character of investment activity in the Kaliningrad SEZ and identify possible causes of them. The authors propose formal models for analyzing the dynamics of investments within the SEZ. The authors conclude that the investment and tax mechanism that forms the basis of the SEZ in the Kaliningrad region have not been effective enough. The use of these mechanisms has not yet led to the achievement of the main goal of the SEZ-based accelerated socio-economic development of the region. The study is of interest for those interested in investment problems in the Kaliningrad Special Economic Zone and other Russian special economic territories.

The aim of this research work is to analyze the results of the import substitution policy of an exclave territory. The objectives of this research include the analysis of the development of agriculture in the exclave region, the evaluation of the food security level, the assessment of import substitution and its influence on the development of agriculture. The subject of this study is the policy of import substitution of the Kaliningrad region. The object of this research is the agricultural sector of the Kaliningrad region. The policy of import substitution, launched in Russia in 2014, entailed not only the development of domestic production, but also the growth of food prices, the narrowing of the food range and deterioration of the quality of agricultural produce in the Kaliningrad region.

At present, the regulation and unification of non-financial reporting are of great interest to scientific community. International accounting standardization organizations offer a variety of reporting formats and a set of indicators of corporate non-financial reporting for their users. The article explores some provisions that regulate the composition of non-financial reporting and offers their comparative analysis. As a result of the study, the authors proposed a new composition of the reporting indicators, which synthesizes the formats of non-financial reporting used. Corporate non-financial reporting in its synthesized format clearly demonstrates the objective state of business and the possibility of implementing a business development strategy.