Abstract
Processes of growing uncertainty and risks in economics are analyzed against a broad background of the “civilizational shift” and globalization. The rapid ageing of equipment, technologies and knowledge leads to numeric growth of bankruptcies and the intensification of their destructive effects. Their mitigation would be possible if an institutional system of threat monitoring and prevention were created.
The case is presented for revision of existing bankruptcy laws towards the readjustment of enterprises, not just their debt repayment to creditors.
The author comes to the conclusion about an increase of the state’s role in shaping the educational environment of enterprises and the need to synchronize micro-and macroeconomic policies.
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Additional information
Original Russian Text © Elzbeta Monchinska, 2006.
Based on a report at the 15th Scientific Conference of the Joint Commission of PAS and RAS Economists “Competitive Capacity Factors of Poland’s and Russia’s Economies,” Warsaw, June 20–21, 2005.
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Monchinska, E. Firms’ activity risk under a knowledge economy. Stud. Russ. Econ. Dev. 17, 187–192 (2006). https://doi.org/10.1134/S1075700706020079
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DOI: https://doi.org/10.1134/S1075700706020079