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We address how value relevance of accounting information evolved as the new economy developed. Prior research concludes that accounting information—primarily earnings—has lost relevance. We consider more accounting items and find no decline in combined value relevance from 1962 to 2018. We assess evolution in each item’s value relevance and find increases, most notably for items related to intangible assets, growth opportunities, and alternative performance measures, which are important in the new economy. The number of relevant items also increases. We also consider separately new economy, old economy profit, and old economy loss firms. The trends are more pronounced for, but extend beyond, new economy firms. We base inferences on a nonparametric approach that does not require specifying the valuation relation. Taken together, our findings reveal an evolution to a more nuanced, but not declining, relation between accounting information and share price. JEL Classifications: C14; G10; G18; M40; M41.

It is often thought that large‐scale shocks to society (e.g., war, epidemics, financial collapses etc) equalize societal inequalities, however, we have witnessed a one‐in‐century pandemic (and the economic downturn it has triggered), widen rather than narrow an enduring global injustice: gendered organizations. With women bearing the brunt of school closures, mass lay‐offs and increase in care duties due to lockdowns, racialized women at increased risk of COVID exposure due to essential worker status, and men reaping the benefits of rapid, technological transformations of the economy—largely amplified by pandemic disruptions—it appears that white, masculine bodies and abilities in the workforce are inoculated from the perils of disaster. Equality matters, especially in times of crisis. Following this idea, the author draws on Joan Acker's “ideal worker” concept to demonstrate how pandemic disparities in the workforce are challenging organizational practices, expectations, and experiences worldwide to evolve. This article concludes with a call for workplace policy reforms as a means to advance gender parity goals, as it is critical to achieving organizational inclusivity, and overall, a thriving society and economy post‐pandemic. [ FROM AUTHOR] Copyright of Gender, Work & Organization is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all Abstracts.)

The main feature of financial innovation is the key role of the banking sector in the development of financial technologies. Banks are actively working on their own innovative solutions developed by their own IT specialists. The dominance of banks in fintech explains the relatively low level of market entry for independent fintech solutions. For example, in Kazakhstan, Kaspi.kz (KSPI) is one of the largest fintech companies, whose shares were quoted on the London Stock Exchange and is currently a technology company – a bank. Kaspi brought in over USD 1 billion. Shares opened at USD 38 per share and traded at USD 46.90 with over 4.4 million shares in volume. This is the second largest IPO in 2020 and the fourth largest in all of Europe. The proceeds from the IPO are almost USD 1 billion. Kaspi first planned to list in 2019, but closed it in October due to unfavorable market conditions.Kaspi is the largest investor and is playing a leading role in Kazakhstan's rapidly evolving digital transformation. Kaspi owns Super App, the most popular mobile app in the country and the foundation for everything they do for both retail and business clients, including banking and e–commerce, with over 7.8 million monthly active users. Fintech banking applications have been developing rapidly in the Countries of Independent States since 2010. The surge in investor and consumer interest in online brokerage operations is driven by a combination of pandemic restrictions and low interest rates. For emerging market investors looking for something cheaper than the Nasdaq NDAQ –2.6%, financial technology is the place to be in Russia and Kazakhstan. Companies and investors across the region are seeking to move out of this space into new economy stocks, stimulating demand for stocks in tech companies such as Kaspi.kz.

With the vigorous development of science and technology, emerging technologies such as big data, cloud computing, internet of things, and artificial intelligence have emerged. Driven by all these, the social economy in China is in the key stage of transformation into the new economic era. The international situation is also transforming, gradually changing from the economic system dominated by the traditional economy to the new economic system. Therefore, there is a need to conduct an in-depth analysis and research on the concept of “new economy”; that is, an economic form that integrates new technologies, industries, and models based on information technology or internet platforms. In combination of socialism with Chinese characteristics, it can be appreciated that with the arrival of the new economic era, there are great challenges to the productivity theory, labor value theory, and wealth theory under the traditional economic system. In order to effectively deal with the above challenges and adapt to the new economic development trend, there is a need to explore effective countermeasures from the perspective of the socialist political economy with Chinese characteristics in order to provide effective reference in predicting the trend of domestic economic development and docking with the new economic era.

Technological innovation is critical to secure long-term productivity benefits in any section of society. Investment in ICT is often seen as an imperative for improving banking efficiency. However, the unexpected failure of ICT in enhancing efficiency has unearthed the dilemma observed by Solow, who remarked, “You can see the computer age everywhere, except in productivity statistics”. We analyze the impact of IT investments on the technical and cost efficiency of 72 Indian commercial banks across 2008–2019 using stochastic frontier analysis with exogeneous inefficiency effects and a slacks-based measure of data envelopment analysis. We conclude that the sector has been able to leverage IT investments towards improving efficiency, thereby invalidating the claims of a productivity paradox and providing evidence that supports the birth of a new economy where IT can be viewed as a dynamic force that brings about changes in organizational design, allowing banks to achieve better efficiency levels.

Lecture on SDG 4

With the strategies of Internet plus, made in China 2025, AI 2.0 raised andnew information technologies of artificial intelligence, Internet of Things, big data, cloud computing, network securitydeveloped and applicated, Intelligent manufacturing will become the main direction of made in China 2025,information technology, especially the software technology is urged to integrate deeply with all walks of life, promoting the transformation and upgrade of relevant industries(such as industrial industry). Thus, it will further promote the development of new economy, which puts forward higher requirements for the characteristic construction and talent training of software engineering. This paper will explore the construction that “Double High-levels Plan” leads vocational education technical skills innovation platform and the construction that emerging education technology and the way of thinking, such as artificial intelligence, big data intelligent embedsin subject courses to form a professional group of software technique in vocational education led by "Double High-levels Plan". Disciplines and lessons boundaries should be broke through in the process of professional education teaching and innovation teaching means and methodsshould be iterated with the cooperation between course teaching and industrial development to create aprofessional group of software technology in line with the era development, and promote the reform of vocational education personnel training.

RESUMEN A lo largo de la historia, sobre todo en el ámbito local, el papel que llevaron a cabo las mujeres fue el de ser amas de casa, madres y esposas, además de proveer de alimentos. Sin embargo, en los últimos años se ha discutido y estudiado sobre si estas actividades son parte de lo privado y reproductivo o realmente pertenecen a lo público y productivo. Es así como, desde la perspectiva de género y de la economía feminista se pueden analizar estas proposiciones y visualizar los papeles que se designan a los hombres y a las mujeres en una sociedad, para de esta manera determinar las formas de comportamiento en lo social, jurídico, económico, cultural o en la vida cotidiana y rastrear el origen de tales condiciones. La presente investigación utiliza la metodología del análisis bibliográfico, mediante el cual se recopila el concepto y teória de la Economía Social y Solidaria y su conexión con la Economía Feminista, que, en conclusión, logran complementar y apuestan por una reorganización del trabajo en el que se valorice el trabajo de las mujeres en particular reconociendo la construcción de una nueva economía. ABSTRACT Throughout history, especially at the local level, the role of women was to be housewives, mothers and wives, as well as providing food. However, in recent years there has been discussion and study of whether these activities are part of the private and reproductive or actually belong to the public and productive. This is how, from the perspective of gender and the feminist economy, these proposals can be analyzed and the roles that men and women are appointed in a society, in order to determine the forms of behavior in the social, legal, economic, cultural or daily life and trace the origin of such conditions. This research uses the methodology of bibliographic analysis, which collects the concept and theory of the Social and Solidarity Economy and its connection with the Feminist Economy, which, in conclusion, succeed in complementing and committed to a reorganization of work in which the work of women in particular is valued recognizing the construction of a new economy.

In a world increasingly trying to erase past inequalities and discriminations, words must communicate intent as much as ideas. We live in politically correct cultures, where unspoken rules of respectability govern conduct in cross-cultural interactions, meaning interactions among people of different races, genders, or religions. Therefore, it is essential to use politically correct language to avoid offending the audience. Even if it is not intended, failing to do so can have devastating effects professionally and personally. As it is frequently seen in the media, writing or speaking without using politically correct or inclusive language can have a negative impact that proves impossible to take back, especially in today’s age of social media and online content sharing. Politically correct means expressing yourself using neutral, unbiased, and inoffensive language that does not degrade, demoralize, or discriminate against another person or group. Inclusive language considers all perspectives without exclusion, inferiority, or stereotyping. Conspicuous prejudice and discrimination in the workplace are far less acceptable today. Laws now protect traditionally underrepresented groups from flagrant discrimination in hiring and promotion, and political correctness has reset the standards for politeness and respect in people’s daily interactions. Yet, in spite of the progress mentioned, political correctness is an equivocal term. While it has helped many traditionally underrepresented employees to experience their workplace as more inclusive, the rules of political correctness can prevent employees from developing effective relationships across differences that might divide groups. The paper attempts to analyze the rise and enforcement of political correctness rules related to the ongoing economic processes in the new economy of the world. In this new economy, the organizational boundaries between states and firms become unclear and, apart from conceiving a new vocabulary able to express the changes the firms are undergoing, when speaking or writing, all members of the audience should be included and addressed using inclusive language.

Vom 25. bis 27. Mai fand der achte New Paradigm Workshop des Forum New Economy statt. Unter dem Titel "Future of the German model II - Perspectives for the next government" wurden verschiedene Herausforderungen diskutiert, die die deutsche Politik in der kommenden Legislaturperiode beschäftigen werden. Wir bereits beim ersten New Paradigm Workshop sollen auch diesmal ausgewählte Beiträge in einem Wirtschaftsdienst-Zeitgespräch zusammengefasst werden. Die Beiträge des vorherigen Workshops finden sich im Zeitgespräch der Ausgabe 100(10). Im aktuellen Heft werden Einblicke in neue Forschung auf den Gebieten Fiskalpolitik, Populismusforschung, Finanzmarktregulierung, Verteilungs- sowie Klimapolitik gewährt. The eighth New Paradigm Workshop of the Forum New Economy took place from 25 to 27 May. Under the title "Future of the German model II - Perspectives for the next government", various challenges that will occupy German politics in the coming legislative period were discussed. As with the first New Paradigm Workshop, selected contributions will be summarised in a Wirtschaftsdienst-Zeitgespräch. The contributions from the previous workshop can be found in the Zeitgespräch issue 100(10). The current issue provides insights into new research in the fields of fiscal policy, populism research, financial market regulation, distribution and climate policy

Subject. This article discusses cryptocurrency as a new financial instrument in the global financial system. Objectives. The article aims to consider the current situation of cryptocurrencies and justify the advantages and risks of their use. Methods. For the study of cryptocurrency, Blockchain technology, and Bitcoin and the US dollar relationship, we used a comprehensive approach based on systems, functional and structural, and correlation analyses. Results. Based on the analysis of the trends in the cryptocurrency market formation, the problematic aspects of their legal regulation, the investment aspect, and the changes in the cryptocurrency exchange rate against the US dollar, the article identifies some shortcomings of this financial instrument from the point of view of supervisory bodies. Conclusions. Cryptocurrency really has significant prospects to become a valuable financial tool in the world economy, despite the rather critical problems of their regulation. Cryptocurrency can be a substitute for the US dollar in international settlements due to its advantages in the form of transparency and decentralization, especially given the fact that in 2019–2020, the governments of a number of countries (EU, Russia) began to actively develop legislation to regulate this area.

This thesis examines how innovation is practiced, imagined, mobilized, and reinterpreted by China’s local developers and its subjects. The Chinese innovation movement is not the same as the “disruptive innovation” of recent years mainly driven by digital technology in the European and North American contexts. The state plays a very salient role in innovation, investing in the social and economic system to provide a constant demand for innovation to unleash the dynamism of development.The aim of this thesis is to contribute to the understanding of the state’s role in socio-economic transformation and its governance model in innovation activities. This thesis discusses the state-market-society relationship not merely from an institutionalist perspective that focuses on the interplay between the state, the market, and society. I discovered that the state creates a range of government institutions to regulate and shape society. Further, in recent years the local state has been an important producer of the emergence of China’s new civil society that drives innovation and entrepreneurship as ways to enhance social mobility.

The subject of the research presented by the article is opportunities and threats for the organization, which are carried by digital era. The author provides characteristic of the three industrial revolutions that already took place and describes prospects of the fourth one that we witness right now. Its foundation is formed by interaction of industrial and digital technologies and its precondition is mass spread of the Internet. The article gives a list of key technologies, whose combination could seriously raise the efficiency of organization work. It includes the Internet of things, mobile devices and applications, cloud calculations, cyber-physical systems, analysis of big data and new industrial technologies. The author divides digital opportunities into 4 groups: industrial, market, logistic and organizational-managerial. It is also underlined that besides vast opportunities digitalization implies threats: socialeconomic, technological, ecological and informational. Principle problems, which hinder home organizations to integrate into digital economy, were studied. At the same time the level of using new technologies by Russian enterprises and index of business digitalization were analyzed. In conclusion the author substantiates the necessity to introduce digital technologies to ensure competitiveness of companies in new economy.

This study draws on qualitative data to analyse the effect of the national Year 5 test culture on test actors in selected Slovak schools. The test culture is presented in the context of disciplinar...

This article considers some of the theories and ways in which some modern scientists and economists have claimed that a "new economy" could emerge; the shift from manufacturing to services, technological transformation and flexible labour markets or telework. The advantages and disadvantages of economic change, its benefits and costs, are discussed as people desperately try to balance the pressing demands of work and personal life in times of crisis.

Precarious employment arrangements are increasingly common for knowledge workers, which challenges the construction of traditional work identifications. As transient work crosses both organizationa...

—This article considers the prospects for restoring lithium production in Russia as one of the possible directions for the development of the mineral resource complex. It is shown that a number of comparative economic advantages have been formed for this purpose. The main advantage is the dynamic growth of demand and prices for lithium-containing products. Arguments are given in favor of the fact that the current trends are not situational but long-term in nature, associated with the development of high-tech industries around the world. It is shown that this can be confirmed by the high growth rates of investments in renewable energy sources, which implies a significant increase in the production of lithium-ion batteries. It is noted that other high-tech sectors that require lithium-containing products are also actively developing in Russia. An overview of the lithium market from the supply side is given: the structure of its stocks, production, and the main countries–producers and exporters of lithium are shown. The problems and prospects of resumption of Russian lithium production are considered. It is noted that the dynamic growth of lithium prices provides the possibility of profitable development of previously exploited deposits where production was suspended in the conditions of low prices in the 1990s. It is shown that the Zavitinsk field in Zabaykalsky krai, which was closed in 1998, has favorable conditions for the restoration of production. A SWOT analysis is made to confirm this conclusion. The following conclusions were drawn: resumption of lithium production in Russia will permit a step forward in the direction of reorientation from large export-oriented mining projects to the formation of high-tech production chains of a high degree of localization within the country; this would become of the most important “growth points” in the process of reindustrialization, as well as creating new opportunities for development of territories and improvement of living standards in the east of Russia; domestic lithium production is of strategic importance for a broad segment of the new economy and, as such, will be sustainably supported by increasing demand in the long term.

In recent years, sociologists have examined unemployment and job searching as important arenas in which workers are socialized to accept the terms of an increasingly precarious economy. While noting the importance of expert knowledge in manufacturing the consent of workers, research has largely overlooked the experts themselves that produce such knowledge. Who are these experts and what kinds of advice do they give? Drawing on interviews and ethnographic fieldwork conducted at three job search clubs, the author develops a three-fold typology of “unemployment experts”: Job Coaches present a technical diagnosis that centers mastery of job-hunting techniques; Self-help Gurus present a moral diagnosis focused on the job seeker’s attitude; and Skill-certifiers present a human capital diagnosis revolving around the job seeker’s productive capacities. By offering alternative diagnoses and remedies for unemployment, these experts give job seekers a sense of choice in interpreting their situation and acting in the labor market. However, the multiple discourses ultimately help to secure consent to precarious labor markets by drawing attention to a range of individual deficiencies within workers while obfuscating structural and relational explanations of unemployment. The author also finds that many unemployment experts themselves faced dislocations from professional careers and are making creative claims to expertise. By focusing on experts and their varied messages, this paper reveals how the victims of precarious work inadvertently help to legitimate the new employment regime.

The article presents the results of a study of the nature and content of such important categories economy, business environment, which determines the potential and efficiency of enterprises, regardless of ownership, size and product manufacturers profile. It is established that the existing approaches to the study of the business environment of enterprises instrumentally and informationally restrict managers in choosing their economic decisions, especially strategic ones. In this regard, the threepronged task was to identify fundamental changes in the methodology of analyzing the business environment, and therefore these principles themselves; to study and describe the multicomponent composition of business environment factors in the context of globalization and digitalization; to find new approaches to the study of the business environment. These methodological approaches should be taken into account as the development of the theory of economics, marketing management of the external and internal environment of the enterprise, as well as practical experience gained in this field in the 21st century. This is the attempt made in the article. The features of the business environment of industrial enterprises (DSPP), its specific differences from the environment of trade, financial and other organizations are identified, an expanded set of parameters for its assessment and identification attributes are proposed. The methodological conclusion that management should choose strategic directions of development depending on the level of these attribute parameters is justified.

Retail sales taxes, critical for American government finance, embody a “narrow base, high rate” Great Depression legacy. Legislation can correct this, but technologies and new economy economic stru...

The Digital Economy also referred as the New Economy. It refers to an Economy in which digital computing technologies are used in Economic Activities. The term 'Digital Economy' was first mentioned in Japan by a Japanese professor and research economist in the midst of Japan's recession of the 1990s. In the west the term followed and was coined in Don Tapscott's 1995 book, The Digital Economy: Promise and Peril in the Age of Networked Intelligence.[2] This was among the first books to consider how the Internet would change the way we did business.[3] In this new economy, digital networking and communication infrastructures provide a global platform over which people and organizations devise strategies, interact, communicate, collaborate and search for information. More recently,[7] Digital Economy has been defined as the branch of economics studying zero marginal cost intangible goods over the Net.

The article contains methodological aspects of sustainable development of industrial ecosystems. The relevance of the study is confirmed by the fact that the promotion of inclusive and sustainable industry and further investment in physical infrastructure, innovation and research are essential for long-term economic development. It has been concluded that the COVID-19 pandemic has such destabilizing consequences that it threatens to halt or even reverse progress towards the Sustainable Development Goals. However, a fairly rapid recovery of industry after coping with the coronavirus pandemic is possible, unlike the economy as a whole, which will require a much longer recovery period. The article proposes the architecture of the methodology for the sustainable development of industrial ecosystems, which includes five levels (paradigm, meta-level, ontology, meanings and directly ecosystem level). The paradigm in the study is the super task, the mental model of the transition to a new economy, to a new way of industrial production, to a new thinking. The meta-level of methodology is represented by the principles of sustainable development of industrial ecosystems, theoretical provisions (hypotheses, fundamental approaches, basic theories, laws of development). At the ontological level, the methodology for the sustainable development of industrial ecosystems uses digital twins, basic organizational and managerial mechanisms (procedures, tools, structures). The semantic level includes a conceptual apparatus (glossary), as well as applied theories and concepts of the sustainable development of industrial ecosystems. The ecosystem level of the methodology for sustainable development of industrial ecosystems combines the concepts of economic, ecological and natural-biological systems. The sustainable development of the industrial ecosystem is proposed to be managed at six levels (methodological, ideological, conceptual, modelling, application and technology). The conclusion concluded that an ecosystem-based economic model achieves the highest production efficiency compared to a traditional economy model and a platform-based digital model.

The leaders of the modern world economy reached a high level of development during the period of industrial capitalist production. At present, in the world, machine production follows the path of minimizing and universalizing machines (systems, industries), robotization, computerization, digitalization, the formation of artificial intelligence, etc. All this is not de-industrialization, but a new stage in machine production, hyper-industrialization, building a new economy and introducing digitalization. Moving machine production from developed countries to third world countries does not mean de-industrialization of parent producer countries at all. It means their further development. In Ukraine, these complex processes are inadequately perceived, industry, mechanical engineering, for various reasons, have undergone total destruction through changes in forms of ownership, loss of strategy and development prospects, which is fundamentally wrong. In studies, insufficient attention is paid to the functioning of machine-building enterprises in “falling”, collapsing markets, there is no unambiguous and adequate understanding of what should be attributed to mechanical engineering, there is no clear classification of sub-sectors of mechanical engineering or business associations (industry, industry, sub-sector, complex, cluster). The variety of machine building classifications makes it difficult to assess economic activity objectively. The purpose of the article is to develop proposals for restoring the leading role of the industry in the technical re-equipment of the domestic economy production, its way out of the ongoing systemic crisis, based on the analysis of how the mechanical engineering functions as a driver of industrial and social development of industry and economy. It is shown that mechanical engineering provides a high level of labor productivity, production culture, science, contributes to the further deepening of labor cooperation. It was revealed that the most intellectually and professionally prepared part of the middle class was formed in mechanical engineering. The article examines the evolution of mechanical engineering over the years of the formation of the state, comparison with a number of industrial countries. The necessity of prioritizing the development of mechanical engineering for the formation of a modern self-sufficient economy is proved, the main directions of management including collaborative, structural and organizational regulation of the industry and the introduction of nature-like processes are outlined. The expediency and possibility to develop highly specialized industries in Ukraine and the cultivation of "hidden champions" have been substantiated.

Global experience shows that society has to be focused on the model of new economy and recommendations of cognitology to improve the reliability of the functioning and development of society. Although many publications partially suggest options for solving this problem, complex analysis of the resources for the development of Ukrainian society still lacks methodological and practical substantiation. Thus, this article is aimed at summarizing the prerequisites for the development of theoretical and practical support for the formation of a social pattern within the new economy alongside with the development and utilization of cognitive resources. The article presents analysis of a) the trend to change social patterns, and b) factors that ensure the switch to using new knowledge that can provide designing and implementing successful reforms of society, as a whole and its economic system, in particular. The article proposes a variant of a collective survey hypothesis: “In a steady growth of the role and value of the latest knowledge in the innovative development of the economy, the cognitive capital of the firm, that is, knowledge of how to produce the latest corporate knowledge becomes a critical factor in providing large-scale and continuous innovations and progressive social and economic development of a country, in general.” Almost all scientists performing research of resources for the development of new economy have determined that it updates knowledge development. Combining provisions of philosophy, psychology and management presented in various research works, we have formed the theoretical basis for studying the cognitive potential of an employee. The necessity of gradual introduction of a research component into the academic activity of higher school is substantiated. The characteristic of each stage is presented as for the following: the purpose of the educational process, the criteria for assessing its results, the peculiarities of student's academic counselling

The key priorities for the development of «green» economy are determined. The state of investment support «green» sector in Ukraine and in the world, the world experience of attracting «green» technologies in the economy has been studied. The obstacles that restrain the increase of investment in the «green» sector of Ukraine's economy and key priorities for the development of the sector based on relevant programs are substantiated. Further benchmarks for the development of «green» economy by attracting investments on the basis of sustainable production and consumption, efficient resources using, as well as promoting business activities in the way of resource and energy-efficient, ecologically safe production are formed. The model of transition of Ukraine to the «green» economy is proposed. It is substantiated that in the conditions of imitation of the experience of leading countries, clear state regulation and support, quality support of investments and clear legislative and legal norms, this model of transition and construction of a new economy can lead to a rapid socio-economic progress of Ukraine.

Sustainable intellectual capital, in the new economy, is becoming a key determinant of sustainable growth and development of enterprises. This is an important precondition for gaining a sustainable competitive advantage of a modern enterprise. It is intellectual capital that includes knowledge aimed at solving environmental issues. Also, these intangible assets of enterprises include the so-called green innovations that contribute to the sustainability of enterprise business. Moreover, successful enterprises are expected to adopt corporate social responsibility strategies, and as a result, the concepts of sustainable intellectual capital and green intellectual capital are being developed. The aim of this paper is to present the basic characteristics of the modern approach to intellectual capital in the era of knowledge economy, i.e. to point out important elements of the concept of sustainable intellectual capital and the concept of green intellectual capital.

The main characteristics of the human-centered approach in the field of economic security are identified, that become especially relevant in the era of the fourth scientific revolution and the new economy, which must be taken into account when implementing in public policy. Basic views on understanding security in accordance with a human-centered approach. It is substantiated that the security element that characterizes "freedom from need" is identified with the economic security of a country that has a focus on people. Such security has been shown to be inherently associated with "freedom of choice" or development opportunities, values, and the protection of a vital core. The main provisions of the New Economic Theory, which are complementary to the human-oriented approach to economic security of the country, are indicated. The qualification of the implemented strategies in the main areas of national security of Ukraine had done. The necessity of finding the intersection of the paradigm of economic security and development of human capital, inclusive economic development is underlined.

In this paper, we consider a downstream firm negotiating with an upstream firm, and we investigate the impact of the organizational form of the upstream firm. We show that if the upstream firm is organized like a traditional cooperative, where the members have free delivery rights and where surplus is shared in proportion to the deliveries, the downstream firm is less subject to a holdup. The cooperative form makes it possible for the upstream firm to credibly commit to deliveries. Traditional cooperatives are often considered as suffering from a volume management problem, which leads to excessive deliveries. Remedying this problem is the objective of the so-called new generation cooperatives. In a supply chain context, however, this problem may actually be beneficial. Specifically, it limits the upstream firm’s ability to hold up the downstream firm, which in turn makes possible specific downstream investments that are closer to first best. Our model lends structure to several real-world phenomena, including the apparent success of marketing cooperatives in farming, the success of open-end mutual funds, and the organization of aggregators in the new economy.

Statement of the problem. The highest degree of relevance of economic education in the dynamics of the development of the “new economy” in the country requires modern approaches to the formation of a creative personality, both teachers and students who are able to understand the depth of relations among economic entities. Reference to bibliographic sources shows that the problems of teaching economic disciplines in the preparation of bachelors in pedagogical universities are practically not covered in scientific and periodical literature. The purpose of the article is to identify and systematize the problems of organizing and implementing career guidance activities and the educational process of training bachelors in the direction of 44.03.01 Pedagogical education, Economic specialty. The methodological basis of the research is represented by a combination of general scientific and special methods. As a theoretical basis, the provisions of economic theory and psychological theories are used. Research results. The authors focus on the role and importance of economic education, highlighting blocks of system-wide and specific problems in the preparation of bachelors, show the need to improve the relationship between theory and practice, increase the requirements for teaching economic disciplines through improving organization of the educational process at the secondary school level, and improving the quality of methodological components. The results of the analysis of a teaching process allow us to state that in general, the status of a teacher in the country is underestimated, there is no unity of interests between the labor market and higher education, and the practical orientation of economic education is insufficient. Conclusion. It is possible to solve the problems of implementing economic programs in pedagogical higher educational institutions at the state and local levels. It is necessary to develop a unified concept of economic education, covering the triad of preschool institutions-secondary school-university, to coordinate and use the capabilities of the administrative building.

Introduction. The emergence of the term "New Economy" is associated with the development of modern electronic information technology, the formation of the information system of the Internet. The new economy is a systemic phenomenon that is gradually formed within the post-industrial period of economic development through the introduction of scientific and technological progress and innovative management methods, intellectualization of human capital, the use of advanced technologies and scientific and economic sectors of the national economy. The new economy is formed on the basis of the intellectualization of production and all economic life. The purpose of the paper is the identification and study of the term “New Economy”, analysis of its advantages and disadvantages. Consideration of characteristics and priority directions in development, identification of the basis of the new economy. Describe the benefits of the new economy. Result. The main characteristics of the new economy are knowledge. They are considered as a productive factor and a strategic resource. In a “new economy” a product is produced, wealth is the result of the application of knowledge, which is both a resource used to create goods and services, and an element of infrastructure. The new economy is a systemic phenomenon that is gradually formed within the post-industrial period of economic development through the introduction of scientific and technological progress and innovative management methods, intellectualization of human capital, the use of advanced technologies and knowledge-intensive industries. Conclusion. The above features allow us to define the "New Economy" as a process of formation and development of the world economy, which is global in nature, subject to social progress and economic growth is achieved using a new factor of production – constantly updated knowledge (“knowledge economy”) includes the "knowledge economy" of its mechanism of knowledge production, infrastructure and resource potential.

(To the results of the Plenum of the Central Presidium of Varnitso on May 4-5, 1930).,. P.K.Brodovsky. Questions about the choice of the path to socialism or to the camp of its conscious and irresponsible enemies are now being raised before various strata of the intelligentsia with unprecedented sharpness and persistence. V. Molotov. All attempts not to take one or the other side end in failure and scandals. V. Lenin. The starting point for discussing the tasks of our era is the understanding of this era as a historically inevitable period of the dictatorship of the proletariat, moreover, the task of the proletarian dictatorship is to build socialism a comprehensive restructuring of the life of human society based on a new economy and technology. If we pose the question of how the intelligentsia relates and what part does the intelligentsia take in solving these problems of the epoch, then it will become clear to anyone who is even slightly familiar with the history of our revolution that it is impossible to give a general, sweeping answer to this question.

Growing environmental and climate problems are forcing the search for effective solutions to economic activity, including agriculture. The popularization of relevant production practices and techniques is of great importance in this regard. The direction of European agriculture is of particular importance for solving environmental and climate problems. For years, strategies or sustainable development programs have been implemented, which, despite initiating the desired direction of changes, are still insufficient in terms of perceived needs. In December 2019, the European Commission issued a communication on the European Green Deal strategy, which was intended to launch further international action to achieve ambitious climate and environmental targets. The aim of the paper is to present the main issues related to the implementation of the European Green Deal strategy, including agriculture, and to outline the challenges facing it. The study used a review of literature and legal acts. The results of the study indicated the appropriateness of seeking further economic solutions consistent with the European Green Deal strategy. The goals included in the European Green Deal are very ambitious and will require a complex, multi-threaded approach to agricultural policy and a change in the attitude of farmers, i.e., greater consideration of non-production aspects of their activity, in particular in the field of environmental protection. At the same time, the European Green Deal should be assessed in a much broader sense than in terms of environmental requirements. The holistic nature of this document makes it a step towards building a new economy that takes into account the noneconomic consequences of the actions taken.

A number of recent monographs have been focused on how work is organized and experienced today in the new economy, enabled through digital communication via apps and smartphones. Work by Ravenelle, Rosenblat and Gershon portrays both blue collar and white-collar labour, often as part of the so-called gig economy. With their ethnographic focus, the volumes complement the widespread media critique of Uber, AirBnB and Co. with a large variety of detailed accounts grounding the analysis and the (positive) change it could drive in a much more solid basis. Following their trail further and deeper into the world of new work seems like more than a worthwhile undertaking for our discipline.

Globalization, technological advances, and changing employment structures have facilitated greater flexibility in how and where many Americans do their paid work. In response, a new work arrangement, coworking, has emerged in the United States. Coworking organizations bring together professionals from different companies to share a common workspace and build community. Despite the prevalence and potential benefits of coworking, little systematic research about coworking contexts exists, let alone research focused on gender inequality therein. Using 78 interviews and more than 700 hours of observation across nine coworking spaces, we examine the organizational logics that shape gender dynamics, as well as intersecting racial and class dynamics, in coworking spaces. Building on Acker’s inequality regimes framework, we uncover organizational logic that either reduces or reproduces inequality for diverse groups of women in coworking contexts. We conclude by discussing important theoretical and empirical implications of these findings.

In today's new economy characterized by globalisation, learning is shifting from teacher-centered to learner-centered and is undertaken in a flexible and personalized way. In view of the importance and ubiquity of Web technologies, this study was undertaken to examine the level of perceived proficiency in terms of knowledge/skills of using these technologies. In addition, this study was conducted to identify the amazing possibilities for Web technologies and related research that can facilitate the learner-users to see and act upon certain aspects of these technologies for informal lifelong language learning development. Primary data in this study were obtained from an on-line self-reported questionnaire survey. A total of 400 university students involved in informal English as a Second Language (ESL) learning at three public universities in the East Coast of Peninsular Malaysia were selected randomly as the study sample. A descriptive analysis was chosen for the current study. The study found that university students have high levels of both, perceived competencies, and perceived potential benefits of Web applications for helping their language English over an entire lifetime. The application of Web technology is very important in the self-learning process because it catalyzes powerful learning for a lifetime. When learners utilise various Web resources, they satisfy their motivational needs if they feel enjoyment and therefore push behaviour in certain directions towards effective continuing informal learning.

interview - Kees Klomp interviews David Bollier to explore the promise of commoning. dezwijger.nl/programma/the-commoners-catalogue-for-changemaking

This article focuses on the shape of the contemporary political economy and its effects on the young people and adults who are involved in the ‘deep end’ of the youth justice system – youth prisons. This ‘deep end’ arguably represents the end of the road for young people and adults who have found themselves adrift in the context of the contemporary capitalist model, and who have passed through existing social systems intended to offer them a safety net. After examining the consequences of the economy for these individuals, the article looks to new economic models and processes and their possible implications for a research and reform agenda.

The recent expansion of the overseas education market in China has led to the rise of “Background Promotion Projects” designed to strengthen the applications of elite university aspirants. Based on...

Popular authors and international organizations recommend transformation to a ‘new economy’. However, this is misleadingly interpreted as radical or revolutionary. Two problematic positions are revealed: being pro-growth while seeking to change the current form of capitalism (e.g. Ha-Joon Chang), and being anti-growth on environmental grounds but promoting growth for poverty alleviation and due to agnosticism about growth (e.g. Tim Jackson and Kate Raworth). Both positions involve contradictions and an evident failure to address, or perhaps even a denial of, the actual operations of capital accumulating economies. Thus, economists ostensibly critical of capitalism turn out to be apologists for growth who conform to the requirements of a top-down passive revolution, that leaves power relations undisturbed and the economic structure fundamentally unchanged. The growth economy is shown to include technocracy, productivism associated with eugenics, inequity disguised as meritocracy, competition concealing militarism and imperialism, imposition of development as progress, and financialization and commodification of Nature.

The development of the concept of strategic planning and management of a changing economy is considered. The research is based on the provisions of the system economic theory, which makes it possible to fully describe the dynamics of changes and their mutual impact on the economy and society. At the same time, the “new system feature” of strategic planning means bringing the strategy-building mechanisms into line with both the requirements of the new economy and the internal logic of the evolution of the national socio-economic system (SES). The theoretical and practical significance of the approach is to improve the model of planning and management in the Russian Federation, since the existing practice is not fully adequate to the new economy, which creates difficulties and risks for the scientific and technological development of the country in the era of global changes. In this regard, the concept of strategizing the economy based on system economic theory is proposed. The definition of “strategizing” concept, as well as its scientific foundations and key stages, is formulated. The scheme of strategizing as an iterative process is presented. It is shown that following the system concept of strategizing the new economy can significantly increase the validity of the strategy and lead to the harmonization of the SES; otherwise, the imbalance of sectors and the non-stationary economy may increase.

Summary The Covid‐19 pandemic has highlighted vulnerabilities in the agri‐food system and wider society. The elderly, in particular, have been overrepresented in intensive care units. The resulting economic crisis and accelerating geopolitical shifts will change the agri‐food system, but it is unclear how this will play out in detail. Two factors are important to consider: will societal priorities change and will the state become more interventionist? We examine these uncertainties via four scenarios from a Dutch perspective. ‘Business as usual’ is realistic if the crises are short and manageable. ‘Government Control’ is more state interventionist, after several decades of neo‐liberalism, with a greater focus on the economy and employment as the agri‐food system is confronted with a long recession. ‘Regional Communities’ is where there is a long period of echo‐pandemics, in which a flourishing community spirit, the attention to nature and a healthy living environment with healthy food are permanent and short supply chains and multifunctional agriculture gain ground. In ‘Green High‐Tech Transformation’, the most extreme scenario, the state and technical innovation take on a much larger role in society and our views on our lifestyle change. These trends reinforce each other and the government is tasked with creating a new economy. The scenarios are not predictions but can be used to structure thought and discussion on the way forward.

There are modern economic conditions in which Ukrainian cluster function makes it necessary to adapt to the consequences of the pandemic, which led to a decline in the economy around the world. Ukraine should focus on tools to improve the sustainability and competitiveness of national businesses. One of the most important tool is cluster policy. Because of successful management of cluster policy, the positive impact will happen on the creation, development, and support of clusters. Cluster initiatives are very important for the future of the Ukrainian economy. Today Ukrainian clusters could be the basic of new economy and accelerate of Ukraine's exit from the crisis. It could be done if balanced system and optimal cost management method were acting in the cluster. The issues of organizing strategic management accounting based on a systematic approach have a huge value for ensuring the effectiveness of clusters. The essence and place of accounting information in cluster management, accounting in the information management system of cluster member enterprises and accounting and reporting tools are insufficiently developed. The author explores the role of the organizational and economic mechanism of strategic management cost accounting in the implementation of effective cluster management to develop tools for increasing the profitability of clusters. There is a research and analysis of the state of development of the organizational and economic mechanism of strategic management cost accounting and its impact on management cost accounting in clusters using international experience. There are the main problems, which do not allow effective development and implementation of the organizational and economic mechanism for management accounting of expenses in clusters. And there are ways to solve them.