RESULTS OF THE SYMPOSIUM

"ECONOMIC THEORY: SEARCHING FOR DEVELOPMENT ALTERNATIVES", 2024

 

The Euro-Asian Symposium on Economic Theory strives to combine the efforts of the scientific community in order to solve urgent development problems of economic theory. While a wide range of questions concerning the development of economic thought is considered, every year, special attention is paid to one particular complex and debatable issue.
 

The purpose of the Symposium is to exchange research experience and search for effective solutions to development problems of modern economic theory in the context of turbulence and accelerated technological development of economic systems.

 

The Symposium participants discussed the following topics: conceptual foundations of mainstream and political economy; alternative directions for the development of theoretical economics; mechanisms of interaction of economic theories to construct a new world order. Additionally, the contribution of economic theory to solving the problems of the expansion of new technologies, inequality, environmental justice, globalization, regionalization and a polycentric world were considered.

PLENARY SESSION

26 June 2024

10.00—20.00 (UTС + 5)

 

The Institute of Economics of the Ural Branch of RAS held a plenary session at the XI Euro-Asian Symposium on Economic Theory. On June 26, Russian and foreign scientists discussed alternative economic views and the possibility of synthesizing various approaches in order to eventually find solutions to the urgent challenges of the modern world ranging from geopolitical split to global warming.

 

The outstanding reports were presented by the Conference Honorary Chairs.

 

Jeffrey Sachs, PhD, Director of the Center for Sustainable Development at Columbia University, President of the UN Sustainable Development Solutions Network (US), focused on the challenges facing humanity. He stated the priority of such social issues as poverty, demography, climate disasters, etc., which can be solved through cooperation of scientists from all over the world.

 

James C. Galbraith, PhD, Lloyd M. Bentsen Jr. Chair in Government/Business Relations, Professor of Government at The University of Texas at Austin (USA), highlighted the importance of moving away from the mainstream. After researching the COVID-19 crisis, J. C. Galbraith clarified that such medical catastrophes greatly affect the most globalized economies, which are more focused on the global division of labor and, consequently, are most dependent on simulacra and redundancies to maintain employment in their country. Professor Galbraith noted the positive impact of sanctions, which allowed Russian business to develop after the departure of Western companies, which had a significant and not always positive influence on the Russian economy.

 

At the plenary session, 24 reports were presented by leading scientists from all over the world, including from such countries as Russia, Japan, Italy, India, Malaysia, Bangladesh, China, USA.

 

Round table

ESG AGENDA FOR REGIONS AND ENTERPRISES: STRATEGIES, REPORTING, FINANCING

27 June 2024

10.00—14.00 (UTС + 5)

The participants of the round table: defined the reasons and described the creation of corporate strategic documents in the field of sustainable development; revealed that minimization of pollutant emissions, implementation of social expenditures and provision of clean water to the population greatly contribute to the sustainable development indicator; discussed social and economic aspects of ESG-factors in the activities of the largest Russian banks, the problems of green public funding and mechanisms for stimulating the issue of ESG bonds; presented optimal strategies for equitable energy transition in the Russian Federation in the context of the application of carbon capture and storage technologies, etc. All participants noted the importance of the formation of environmental thinking and development of environmental intelligence of Russian enterprises. The final document of the round table was a resolution containing proposals to improve the implementation of the ESG agenda in Russian regions.

Round table

ALTERNATIVE THEORIES FOR A NEW WORLD

to the 20th anniversary of AlterEconomics (previously the Russian Journal of Economic Theory)

27 June 2024

15.00—18.00 (UTС + 5)

The participants of the round table recalled the emergence and development of the Russian Journal of Economic Theory, which later changed its brand to AlterEconomics. The journal was created in 2004, when the Russian community of economists realized the limits of borrowed mainstream neoclassical theories in explaining the events in the national economy. Nowadays, as the world order changes, economists in other countries, including those dominating the global market for economic ideas, face the same challenge. This requires changes in the principles of the economic scientific journal, approaches to the organization of its activities, as well as the creation of a journal ecosystem. Special attention at the round table was paid to the implementation of the 2024 project «Russian gene of economic theory». 

Round table to the 300th anniversary of RAS

ECONOMIC THOUGHT OF THE URALS: 300 YEARS OF HISTORY

28 June 2024

10.00—13.00 (UTС + 5)

The round table started with a discussion of the well-known 18th century personalities, such as Vasily Tatishchev, Vilim de Gennin and Petr Rychkov, who can be considered the first economists of the Urals. Various documents and works of Tatishchev, de Gennin and Rychkov allowed researchers to reconstruct their views. All three practiced late mercantilism, considering it important to develop export industries and support trade surplus. 

Round table

FINANCIAL MODELS FOR PUBLISHING ECONOMIC SCIENTIFIC JOURNALS

28 June 2024

14.00—19.00 (UTС + 5)

As a founder of three economic journals, the Institute of Economics UB RAS continues to pay attention to the problems of publishing scientific periodicals. At the round table, editors and publishers from all over the country discussed the way to financial stability. The discussion of financial models for publishing scientific journals was due to the difficult situation faced by modern publishers. Today, most scientific periodicals offer open access to published articles, but journals that can no longer rely on the subscription model do not receive any systematic financial support from the state.

The scope of the Symposium includes: 

Scientific sessions

(27 - 28 June 2024)

 

 INTERDISCIPLINARY SYNTHESIS IN THE DEVELOPMENT OF ECONOMIC THEORY: RESULTS AND FURTHER PROSPECTS

27 June 2024

10.00–13.30
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THE INFLUENCE OF INTERNET TECHNOLOGIES AND ARTIFICIAL INTELLIGENCE ON SOCIO-ECONOMIC DEVELOPMENT

27 June 2024

14.00–17.00

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GLOBALIZATION AND REGIONALIZATION: DIALOGUE OF CIVILIZATIONS

27 June 2024

17.15–20.45

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MAINSTREAM VS POLITICAL ECONOMY: GLOBAL CHALLENGES

 27 June 2024

18.15–20.00

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CONSTRUCTION OF SOCIO-ECONOMIC MECHANISMS OF A NEW ORDER IN THE CONTEXT OF ECONOMIC THEORY

28 June 2024

10.00–13.30

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TRANSFORMATION OF SOCIO-ECONOMIC SYSTEMS: ORTHODOX AND HETERODOX APPROACHES

28 June 2024

13.30-16.00

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Poster Session

MODERN DIRECTIONS OF NATIONAL ECONOMY DEVELOPMENT: YOUNG SCIENTIST’S VIEW

28 June 2024

16.15–20.00 

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