Integration processes in the EAEU area are becoming a subject of keen interest both from the governments of the member states and from the international community amid growing global military-political and economic tensions. Developing new global supply chains provides a unique opportunity for the business community of the EAEU member states to offer the world economy alternative business models of interaction with regional markets. At the same time, traditional integration problems still remain relevant for the Union: the uneven development of national economies, the complicated bureaucratic nature of interagency procedures, differences in legal systems, technical barriers, low integration in innovation and technology, and others. The article defines the main essence of the problems associated with the Union interaction that impede the development of regional business. The article also reveals possible ways of resolving the most serious restrictions, emphasizing the importance of cooperation among the EAEU member states in boosting cross-border business.
The article discusses the general structure of the worldview model of «Pentabasis» and attempts to produce practical explications of the system for corporate governance and culture. The study comprehends the named system of values within structuralism as an axiological code that encompasses all spheres of social life. It also gives the analysis of syntagmatic and paradigmatic interactions within the system. Analytical consideration of the links between the elements of the model provides the basis to make a conclusion about possible simultaneous work with attributes (selected values), regardless of the level at which the interaction takes place. It is noted that «Pentabasis» is aimed at reproducing the structures of the state in those areas where it is applied, however, the very concept of «state» here refers to the concept of state-service and does not have an explicit paternalistic tinge. Further, the article transfers the cultural Russian value dominants to the field of governance and management. The authors prove the advantage of the theory of motivation Y within the Russian management culture, based on the principles of «Pentabasis», and also compare the corporate maxims of both national and foreign companies to check them against the model provisions and further improve in line with the proposed recommendations.
This paper provides a country risk assessment analysis for the Federal Republic of Germany, with a particular focus on the sections about risk and vulnerabilities, banks, and real estate. The analysis highlights key data, such as Germany’s primary export products and its trading partners. It discusses the impact of special military operation on German exports and the shift in gas imports from Russia to other countries. The paper also examines the response of companies and households to the natural gas shortage, including energy efficiency measures and reduced gas consumption. It discusses the pressure on businesses due to increased financing costs and wage increases. The analysis projects an increase in consumer prices in 2023 and discusses the impact of international commerce and the recovery of China on global commodity demand. The paper also addresses the German government’s support measures in response to the energy crisis and the country’s fiscal situation.
Addressing environmental challenges has become a top priority for the international community. In the context of globalization, the electronics industry has developed significantly, especially with the expansion of digitalization. Nevertheless, from its manufacturing, including semiconductors, to its end-of-life product, electronic waste, this industry is a major contributor to resource depletion and environmental pollution. This article describes the challenges encountered by a state sector, China and a transnational corporation, Apple Inc., for the development of the electronics industry while limiting its environmental impact.
The article examines practical aspects of starting a small or medium-sized business abroad that are not obvious at first glance, considering the specific case of French legislation. This paper provides insights into a number of hidden aspects that may critically impact a company’s performance by analyzing behavioral and cultural dimensions that determine the way companies embark on a foreign market. The following conclusions are made: 1) physical presence in the host country has a positive effect on companies; 2) the choice of the right strategy directly depends on the depth of preliminary marketing research, which should have an extended scope and greater engagement of resources (when entering a market with a different culture, smooth adaptation is required to successfully implement a strategy); 3) to enter and operate successfully in foreign markets, companies should seek assistance from local financial and marketing consultants, but at the same time have sufficient knowledge about potential pitfalls and challenges; 4) it is important to factor in nationally oriented interests and political risks.
This article focuses on the prospects for the development of the Russian pharmaceutical industry in the modern economic and geopolitical context. The authors analyze the pharmaceutical market of the Russian Federation in the context of the importance of this industry for ensuring national security in the field of healthcare in times of crises brought about by various reasons. The objective of the present paper was to determine the vector of development of the Russian pharmaceutical market based on the identified structural characteristics and trends in the development of the industry in a rapidly changing geopolitical situation. As demonstrated by the analysis, the Russian pharmaceutical industry is critically dependent on the import of finished dosage forms and substances and is characterized by a consistently high share of noninnovative drugs, which in fact determines the main directions of development of the industry in the medium and long term. The article is based on the following methods: analyzing the results of monitoring the pharmaceutical market of the Russian Federation, analyzing statistical data and expert assessments of development trends in the global and national pharmaceutical industry. The authors come to the conclusion that it is necessary to promptly revise the structure and scope of government investment in the transition of the pharmaceutical industry to an innovative production model, which will allow Russian manufacturers both to meet the needs of Russian healthcare and support the fast-growing segment of the national economy and to become an exporter in the international pharmaceutical market.
The Russian telecommunications market has undergone tangible changes over the recent years, influenced by various factors, including geopolitical events and changing consumer preferences. In his interview Khachatur Pombukhchan, the CEO of the mobile operator MegaFon, spoke about key trends in the telecom industry, the challenges it faces, prospects and trajectories of its development in the foreseeable future. In his opinion, amid economic turbulence an organized business process management system together with the presence of a top manager with management competencies and well-established interaction within the team play a particularly important role for the company.