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Perspectives of Elimination of “Institutional Gaps” in Foreign Economic Activities of Subjects of SME Within the Global Crisis Management

In: Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management

Author

Listed:
  • Viktoria N. Ostrovskaya

    (Center of Marketing Initiatives LLC)

  • Yulia G. Tyurina

    (Orenburg State University)

  • Olga V. Konina

    (Volgograd State Technical University)

  • Natalia V. Przhedetskaya

    (Rostov State University of Economics)

  • Elena G. Pupynina

    (Stavropol State Agrarian University)

  • Alexander S. Natsubidze

    (Moscow International Academy)

Abstract

The purpose of the chapter is to determine perspectives of elimination of “institutional gaps” in foreign economic activities of subjects of small and medium entrepreneurship within the global crisis management by the example of modern Russia. The methodological provision of this research is based on methods of economic analysis of statistical information such as regression and correlation analysis. Informational and analytical basis (source of statistical data) is materials of the Federal State Statistics Service (Rosstat) and the International Monetary Fund. As a result of the research, it is concluded that a perspective direction of the global crisis management is development of foreign economic activities of subjects of SME, which is hindered by various “institutional traps”; recommendations are offered, and a scheme of elimination of “institutional traps” in foreign economic activities of subjects of SME within the global crisis management is offered.

Suggested Citation

  • Viktoria N. Ostrovskaya & Yulia G. Tyurina & Olga V. Konina & Natalia V. Przhedetskaya & Elena G. Pupynina & Alexander S. Natsubidze, 2017. "Perspectives of Elimination of “Institutional Gaps” in Foreign Economic Activities of Subjects of SME Within the Global Crisis Management," Contributions to Economics, in: Elena G. Popkova (ed.), Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management, pages 213-218, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-60696-5_26
    DOI: 10.1007/978-3-319-60696-5_26
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    More about this item

    Keywords

    O24; L53; F02;
    All these keywords.

    JEL classification:

    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • F02 - International Economics - - General - - - International Economic Order and Integration

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