Nuclear energy is an important part of energy balance of Asian countries. But at the same time, concerns about the safety of nuclear energy production are high, and the future of nuclear energy in Asia is unclear. New trends in the development of "green energy" production, especially in the most dynamically developing countries of Asia, create a high competition with nuclear energy in the region. The authors aim at a general analysis of the energy markets of leading Asian countries, which have a significant share of nuclear energy production in their energy balance -China, Japan, Korea and India. The second tool that the authors use is an econometric analysis of energy production in the studied countries. These two aspects of the energy sector analysis allow the authors to comprise the results and to form a vision of a more promising sector of the energy industry. Based on these results, the authors give a number of recommendations on the development of nuclear energy production in the studied countries. One of the main conclusions is that nuclear energy should be used as a reserve source of energy in Asian economies until they reach a high share of "green energy" in energy balance.
Armenia today is a country with significant energy and economic issues. The country has come over a difficult period of military conflict, it's highly dependent on imports of energy resources, the national energy system is out-of-date. The energy issues require significant financial investments, which can't be provided in the current conditions. This defines the theoretical and practical significance of the research, especially in the context of the need for reforms in energy sector and in economy in general. In addition to that Armenia is isolated from EAEU single energy market, which proves to be a problem for the country. The authors focused on the analysis of weak and strong points of the Armenian energy industry, revealing and proving, that the current situation harms economic development of the country. The key strong points revealed are the willingness of cooperation with Russia, readiness for the green transformation, access to the international financial market, readiness of the legal framework. Based on these findings and on the econometric model, that proves that natural gas, oil and hydroenergy are the most significant energy resources for the GDP of the country, contributing to its growth, the authors have developed recommendations for the development of the Armenian energy industry, taking into account the poor situation with financial resources in the country in general and the dependency of Armenian energy system on the Russian energy sector companies.
The article conducts a study of the theoretical and methodological provisions and approaches to the construction and development of state-public financial control in the financial control system of the Russian Federation. The author of the work analysed the current public control system in the Russian Federation. In the process of writing the article, several measures were proposed to improve the efficiency of the financial control system of the Russian Federation. Improving public control in the financial control system requires significant changes to the system of external and internal control, critical assessment of functioning control models, initiation of responsibility for ensuring social progress not only of controlled objects, but above all – subjects of control. Based on a retrospective study and methodological foundations of the development of the state-public financial control system, the limitations of the current financial control system are revealed and directions for its further modernization are proposed. The author used general scientific and special methods of retrospective analysis, comparison, and scientific abstraction.
The Black Sea region is one of the most complex regions in terms of energy development. It hosts several major powers and some developing countries that need to cut energy costs. In general, the region is controversial. It is influenced by external actors, and therefore regional stability is very difficult to achieve. In addition, institutional players such as the EU, the Belt and Road Initiative, the Black Sea Trade and Development Bank, etc., have their own vision of the future of the Black Sea region. The article is aimed at assessing the regional balance of power and estimating the interests of the countries of the region. Based on this assessment, the authors have classified the countries in the region, predicted potential alliances, and provided recommendations on how the countries should behave in the region. The key findings comprise the rejection of the two hypotheses: the countries of the region cooperate mainly through similar institutions; and the countries of the region can efficiently cooperate within the framework of a single strategy. The novelty of the article is in a new look on the regional distribution of power and new strategies for cooperation between countries in the region.
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