KUZMENKO V.V.
Head of the department of «Tax», Doctor of Science, Professor, North-Caucasus Federal University

TRYSYACHNY V.I.
Professor of the department of «Project Management and Innovation», Doctor of Science, North-Caucasus Federal University

GRIGORIADIS S.P.
Postgraduate of the department «Project Management and Innovation, North-Caucasus Federal University

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 163-166

In modern conditions the problem of scientific, technological and innovation development is very relevant for the effective functioning of the national economic complex and the organizations within its structure. To substantiate the importance of the development of this direction, we note that there are currently no generally accepted theoretical and methodological approaches that reveal the content of this category, and advanced foreign experience is not always possible to apply. Russia is the subject of international market relations, but especially the industry structure of the economy, technical and technological backwardness of most industries worsen its position in the global market. With this in mind, should initiate the optimization of state science and technology policy in the direction of stimulation of innovative activity of large enterprises are the engine of economic growth. Harmonization of relations between the government, academia and business will enhance the competitiveness of the Russian economy in the long term.

SHCHIPANOV E.F.
PhD, Associate Professor, Southern Federal University

UZYANOV E.V.
Postgraduate student of the department of Information Economy, Southern Federal University

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 158-162

In article adaptive models of the import substitution of interaction of the industrial enterprises and credit organizations focused on stimulation in the conditions of the increasing macroeconomic instability are offered. Forecasting of delay of growth rates of corporate crediting by 2018 determines for the Russian banks increase of efficiency of use of the major competitive advantage – client base and knowledge of the enterprises of real sector.

SHEVCHIK E.V.
Ph.D, Associate Professor of the Department of “Economics and Finance”, Rostov State Transport University

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 149-157

The article presents research results of peculiarities of providing financial safety of the companies car dealers in the conditions of modern economic dynamics. Also, the results of structure and quality analyses of automotive market in the first half of 2014 and business trends of growth change of pace of market niches of automotive trade were defined. Taking to consideration slowdown in economic growth of Russia, depreciation of the ruble delay and, as a result, increase in car prices and auto credit tightening in the year of 2014, the author makes a conclusion regarding drop in sales from 12% up to 18%. In the long run the Russian market is expected to have some moderate growth. Taking into account, it is assumed that management of financial strategy of auto dealerships should have been redeployed to tax risks reduction and ensuring decrease in tax risks, cost reduction and debt management of borrowing funds.

SAKHAROVA L.A.
Professor of the department of «Modern Trade Operations North-South», Moscow State University of Food Productions

STENKINA E.N.
Senior lecturer of the department of «Finance and Credit», Far Eastern Federal University

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 142-148

Article is devoted to the most significant prerequisites of formation of the competitive Russian industry – labor cost, to expenses on final consumption of house farms, problems of attraction of monetary resources and structure of gross domestic product. Gradual development of the developing economies promotes improvement of a standard of living and level of a salary that conducts to dynamic reduction of the given competitive advantage in developing countries. In article the conclusion that on average the level of fiscal loading in emerging economies is (with a few exceptions) lower, than in the countries with developed economy is drawn. Thus in some countries, including and in Russia, a number of measures for optimization of fiscal loading is undertaken in recent years. At the same time it is necessary to consider that fiscal loading represents one of the most important factors of ensuring competitive advantages. In some cases this factor can be more significant, than the cost of labor and availability of the debt market.

MUSAEV H.A.
Senior lecturer of department of «Economy and control of social and economic systems», Moscow State University of Food Production

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 131-141

Article is devoted to the task of accelerated social and economic development in the context of rather low performance of industrial production. In this context tendencies of indexes of costs of production and sale of production, labor productivity, capital productivity and indexes of production by the processing and hi-tech types of economic activity are analyzed. It is shown that for giving to the industry of character of the driver providing the reproduction growth of all national economy it is necessary to concentrate priority efforts on development of innovative productions. As it is represented, innovative productions are capable to make cardinal changes to the developed contradictory pattern of profitability and productivity business of processes. However, successful implementation of this direction requires additional resources as the scale of the modern innovative productions in itself remains insignificant. Therefore extension of an innovative component of national reproduction is the main administrative objective of an industrial policy.

MEDOVY V.V.
PhD, Associate Professor, Head of Department «Economics and Management», Don State Technical University. Institute of Service and Technology (Branch) in Pyatigorsk

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 131-135

There are the main groups of the state support of business activity in a services sector in the market of real estate in this article. Current trends in the field of the state support of business are reflected. You can find the offers on creation of an effective control and management system of professional activity in the market of real estate in the article. Information administrative functions of the state are considered in the sphere of regulation of professional activity in the market of real estate. There are some improvement points of the admission procedure of experts on the real estate market and minimization of the risks connected with a skill level of professional participants of the market.

ANDREEVA A.V.
Ph.D, associate professor of the Department of “Economics and Finance”, Rostov State University of Railway Transport

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 125-130

The article considers new technologies of crediting of innovation-oriented companies of corporate sector which the Russian banks are compelled to apply because of reduction of funding, deterioration of an environment of the raw markets, depreciation of ruble and introduction of economic sanctions of the EU and the USA are considered. The Russian credit organizations expect in implementation of programs of crediting of corporate sector owing to limited liquidity. High volatility of the Russian financial market, limitation of «long resources» are those difficulties which now the credit organizations already met. Devaluation of ruble strengthens credit risks and has negative impact on development of banking business. It is possible to increase controllability of bank risks in the course of crediting of the companies of innovative type of corporate sector on the basis of use of the mechanism of public and private partnership.

ANDREEVA L.YU.
Doctor of Economics, Professor, Head of Department «Economics and Finance», Rostov State University of Railway Transport

ANDREEVA A.V.
PhD, Associate Professor of the Department of «Economics and Finance», Rostov State University of Railway Transport

TIMOFEEVA M.S.
PhD, Associate Professor of the Department of «Economics and Finance», Rostov State University of Railway Transport

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 118-124

World financial crisis and emerging geopolitical risks have an essential impact on development of the Russian commercial banks. The economic sanctions which were applied against the Russian banking sector represent a high point of system failures in the financial and credit market. The Russian banking sector hasn’t passed a market test in the conditions of realization of geopolitical risks. Marketing management of economic behavior of market members has to be aimed at ensuring the maximum transparency of financial flows. Limitation and asymmetry of information conduct to creation of uncertainty which in the conditions of financial imbalances leads to essential fluctuations of all financial market and market of banking services Hard lending of a ruble in relation to foreign currencies goes to show that the complex system of financial and marketing regulation is equitable to long-term interests of development of the Russian banking sector. Marketing management assumes not only expansion of a field of regulation, but also application of financial innovations, as well as new technologies of retraining of experts.

BAKHTEEV A.V.
PhD, associate professor of the department of accounting and auditing, Southern Federal University

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 114-117

This article discusses the elements of a methodological approach on the risk assessment process review in the client’s internal control system in an audit of financial statements. The author reveals his own vision on the risk-based approach application against the mechanism of identification, description, quantitative and qualitative assessment of the risks affecting to the client’s activities. The proposed approach laid the institutional and regulatory requirements set out in the current standards on management of risks and on risk-management. The paper describes the results on the adaptation of these requirements against the prospect on combined quantitative and qualitative risk assessment based on the key elements of the methodology for assessing the risks of material misstatement of the financial statements.

GUKASOVA N.R.
Senior lecturer of the department of Economy and Management, North Caucasian institute branch of a RANEPA

TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),

p. 107-113

In article it is shown that in modern conditions the factor of increase of an energy efficiency of productions has become a key factor of upgrade of domestic economy in general, and the domestic industry in particular. This factor possesses the high potential of the solution of the designated task. It is, on the one hand, confirmed by considerable lagging of domestic economy on energy efficiency level as from the countries with prevalence in structure of economy of the sphere of non-material production, and from the countries in which structure of economy the sphere of production of goods prevails. On the other hand, the drawn conclusion is confirmed by high rates of decrease in power consumption of domestic economy that specifies existence of objective possibility of this scenario. It is offered to create the power engineering directed on forming of complex products on increase of an energy efficiency of specific productions and to create power service clusters.