Afonin Peter Nikolaevich, Konstantinova Ekaterina Sergeevna
Practicalrecommendations on the application of models of information integration for electronic transit
ID number: J202061
Abstract: The article analyzes the software product complex of software tools Automobile checkpoint (KPS APP), which is intended for registration of arrival messages, providing functionality for fixing the facts of other types of state control. The Commission of customs operations related to the other types of control. The presented model of implementation of the proposed algorithm for identifying and assessing risks, along with providing information about the imported consignment in the volume of the goods Declaration until the goods are presented to the customs authority
Key-words: other types of state control, through customs control mechanism, risk assessment, through process
Abstract: The article presents the structure and changes in the value of cryptocurrencies. Tendencies of their distribution in Russia are considered. Both positive and negative factors of the market influence the initial placement of coins. The article also presents the problems of cryptocurrency development in Russia.
Digitalization and its impact on value-based management practices
ID number: J202063
Abstract: This article considers the impact of digitalization on value-based management practices (later - VBM). Moreover, current retail industry trends and specifics of retail business models were considered for determining key business drivers for retailors. Challenges of retail industry development are proceeding from digitalization of the industry, demographics change, distribution of households’ income, growing competition and tightening market regulation. As a result, traditional business models are no longer applicable.
Key-words: business-model, value-based management, digitalization, digital age, retail industry trends
Economic consequences of measures taken to prevent a coronavirus pandemic in the United States
ID number: J202064
Abstract: This article describes the phased introduction of economic support measures to stimulate the US economy during the coronavirus pandemic. It also provides analytical information about the dynamics of changes in the labor market, the balance of the Federal reserve, the US national debt and other statistical indicators necessary to assess the economic consequences caused by quarantine measures.
Key-words: coronavirus, USA, FED, economics, Donald Trump, unemployment, GDP, state debt, interest rate, budget deficit
Abstract: This article presents the traditional types of currency risk faced by firms, and some of the main methods of managing currency risks that can be used by companies engaged in currency operations. Methods of currency risk management are presented. Currency risk management involves both assessing the risk faced by companies and taking measures to hedge the risk or reduce the damage it can cause. The analysis of hedging application in the Russian market is considered.
Transformation of tax and customs administration in a digital economy: new opportunities and challenges
ID number: J202066
Abstract: In the era of breakthrough digital technologies, many sectors of the economy are undergoing significant changes, the largest companies around the world are rapidly moving in step with digital progress, optimizing their business models. Already, almost all information and business processes have been digitized, and financial transactions cross international and intercontinental borders in seconds. This is a challenge for financial institutions in general, tax and customs administrations in particular. In order to protect budgets, revenue administrators should act in the vanguard of new trends, including progressive tools in the orbit of tax and customs relations, aimed at improving the efficiency of B2G interaction, including its simplification and reduction of time spent on administrative processes.
Key-words: digital technologies, Federal Tax Service, Federal Customs Service, taxpayers, big data, artificial intelligence, machine learning, digitization
Economic development scenarios influenced by COVID-19
ID number: J202067
Abstract: This article discusses the impact of COVID-19 and various scenarios of what could happen to the global economy after a pandemic. The article analyzes which businesses are and are more vulnerable and which ones need support. Although it is impossible to say exactly what the economic damage from the global new pandemic of the coronavirus COVID-19 will be, it is widely believed among economists that this will have a serious negative impact on the global economy. We can’t avoid falling prices in the securities market or a strong reduction in the labor market, but the question is: how long will we get out of the debt hole? The consequences of Coronovirus will be very serious for everyone, but the world economy will be able to cope with it. States are trying in every possible way to help their citizens and protect them from illness.
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