ijcs

IJSC

Risks of Small and Medium-Sized Businesses Attracting to Government and Municipal Procurement and Economic Growth - Pages 2504-2509

A.I. Khayrullova, N.M. Sabitova, A.R. Khafizova and V. I. Nasyrova

DOI: https://doi.org/10.6000/1929-4409.2020.09.304

Published: 30 December 2020


Abstract: One of the strategic goals in the Russian Federation is to relieve social tension by increasing the number of people employed in the segment of small and medium enterprises (hereinafter - SMEs) up to 25 million people by 2024. In order to stimulate the development of this segment, the Government of the Russian Federation sets the task of expanding the access for SMEs to the procurement system. That’s why the analysis of the existing mechanism for attracting SMEs to procurement is of interest. The primary purpose of the study is to investigate the peculiarities of SME involvement in procurement within the framework of two main laws operating in the sphere of procurement activity and problems arising in the procurement’s organization and economic growth. The practice of procurement activity is accompanied by the emergence of risks that affect the procurement result. These risks are inherent both to customers and suppliers of procurement activities. In the article risks are classified by stages of procurement activity. In particular, risks of poor-quality performance of the contract arise long before the stage of its conclusion. In the conclusion, recommendations are made which can be directed to solving the issues of SMEs access to procurement.

Keywords: State and municipal procurements, customers and suppliers, small businesses, risks, fraudulent suppliers.

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IJSC

Use of Economic and Mathematical Modeling Tools in Planning Investments in Fixed Assets - Pages 2510-2513

Lidiya Kulikova, Diana Aminova and Anna Lyzhova

DOI: https://doi.org/10.6000/1929-4409.2020.09.305

Published: 30 December 2020


Abstract: In order to maximize the effectiveness of fixed assets use it is necessary to assess the impact of organizational factors on capital productivity of fixed assets, and also to assess the feasibility of capital investment in fixed assets. The purposes of the study are to design an economic-mathematical model that makes it possible to predict a value of capital productivity knowing the values of different factors, as well as to calculate the effectiveness of capital investment in fixed assets on the example of the regional branch of Tatarstan Energy Company. During the correlation and regression analysis of the Tatarstan energy company branch, the authors found that the cost of the active part of fixed assets has the greatest impact on the capital productivity of fixed assets, so the company is recommended to increase the active part of fixed assets. The proposed approach to scenario forecasting of capital investments in fixed assets allows to assess the prospects for changes in the company's financial performance as a result indicator of the company's performance.

Keywords: Fixed assets, capital productivity, correlation and regressive analysis, capital investments in fixed assets, net present value (NPV).

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IJSC

Economic Growth and Stimulating Private Business Investment in Infrastructure by Assessing Its Need - Pages 2521-2526

Tatiana Palei, Elina Gurianova, Svetlana Mechtcheriakova and Marat Safiullin

DOI: https://doi.org/10.6000/1929-4409.2020.09.307

Published: 30 December 2020


Abstract: Global statistics indicate increasing in private investors’ activity. Instead of the debate about the growing infrastructure needs and adequacy of funding to meet, the more urgent is the search for more effective mechanisms to attract investment in infrastructure assets. The chief objective of the study is to analyze the demand for infrastructure services to ensure the activities of organizations forming the priority clusters in the region, made for orientation on the existing industry need in the infrastructure support plans formation, concerning the construction financing of transport and other Infrastructure on a parity basis for economic growth. It is determined that the quality of transport connections play a vital role. It was established, that in all studied clusters, there is a tendency to increase transport services demand. Given the results, the petrochemical cluster enterprisestrochemical cluster is ready to finance transport infrastructure from the profits (perhaps on a matching base state) to remove the constraints of its industrial growth. For marginal assessment of investments into the development of a transport complex efficiency, the regression model "investments - profit" is received. It is suggested that with the growth of the industry, its profit is increasing at a rapid pace, each additional ruble of investment brings higher returns.

Keywords: Infrastructure, demand, investment, industry, Economic Growth.

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IJSC

Turkish World and Literary Relations of the East - Pages 2514-2520

Aigul Ildusovna Minnegalieva, Liailia Ihsanovna Mingazova, Aigerim Tarbinovna Ibrayeva and Gelyusya Faridovna Kayumova

DOI: https://doi.org/10.6000/1929-4409.2020.09.306

Published: 30 December 2020


Abstract: All Turkic literature has a common cultural framework. A substantial confirmation of this fact comes from the national spiritual heritage, which has become the basis for the further development and flourishing of the verbal art of Turkic peoples. First of all, these are Китабы Деде Коркут of the Oghuz, the Kyrgyz heroic epos Манас (Manas), Идегей (Idegei) – the variants of which were widespread among the Kazakhs and the Tatars, the famous Чура батыр (Chura Batyr) among the Tatars, etc. The works such as A Thousand Nights and a Night (Мың бір түн), Shakhname or Shakh-Name (Шахнама), Kalila and Dimna (Кәлила мен Димна), Leili and Majnun (Ләйлі-Мәжнүн), Zhusip-Zylikha (Жүсіп-Зылиха), Takhir-Zukhra, Farkhad-Shyryn or Khosrov-Shyryn (Хұсрау-Шырын) have exerted a significant influence on the development of literature. The article concludes that, despite the national differences of the Turkic peoples, they are united by common literary background, common goals, and interests, moral, spiritual, and cultural values. It is proved out again that the literature of the Turkic peoples is abundant in authors and works, characterized by a variety of genres and poetic forms, ideological and thematic wealth, and a high artistic level. Emphasis is also put on the fact that in the eastern tradition, there are many samples of word-of-mouth literature of the general plot and cultural heritage of the Turkic peoples who had inhabited the eastern lands since ancient centuries.

Keywords: Tatar Literature, Kazakh Literature, Turkic Literatures, Folklore, Literary Relations.

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IJSC

Uncovering Partnership among Village Stakeholders in Village Governance: An Evidence from East Java, Indonesia - Pages 2527-2532

Abdullah Said

DOI: https://doi.org/10.6000/1929-4409.2020.09.308

Published: 30 December 2020


Abstract: This study uncovers the partnership interactions that occur in village government in East Java and aims to determine the partnership, described and explained in the form of a quadrant-type of analysis through two dimensions of Government and Non-partnership. The existence of two institutions (village government and BPD) that carried out village governance requires a robust partnership and mutual interactions among both in the implementation of their activities, the pattern of partnership relations itself has become a trend in public administration and good governance practices, where partnerships are considered capable of increasing the effectiveness of governance in the provision of public services. The data analysis used in this research is descriptive quantitative by measuring the mean of two dimensions, so that it can describe the quadrant that explains the partnership relationship between the two institutions. The results of this analysis indicate that the partnership relationship that occurs occupies the partnership quadrant, meaning that there is a high alliance between the two institutions.

Keywords: Partnership, Village stakeholders, Village governance, Non-partnership, Partnership interactions.

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