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Topic Review
Reforming Forest Policies and Management in Russia
The future development of forest industries in Russia, besides the country’s geopolitical issues, could be seriously undermined by the depletion of forest resources available under the current model of forest management that mainly relies on clearcutting mature coniferous forests and leaving these areas for natural regeneration. The introduction of a new model that prioritizes efficient forest regeneration faces many problems on the ground. The efficiency of the use of funds allocated by both governmental and private logging companies for forest regeneration and subsequent tending of young stands should urgently be significantly increased. The government should also develop pragmatic economic incentives to encourage logging concession holders to switch to the new model and to address the problem of the spatial shift (demarginalization) of the country’s forest complex from northern and eastern “green fields” to secondary mixed and southern taiga forests. Instead of harvesting low-productivity northern taiga forests of European Russia and remote areas of Central and Eastern Siberia, wood sourcing should be mainly concentrated in the immediate vicinity of existing mills. Moreover, the development of “greenfield” projects in wilderness forest areas that currently lack any kind of infrastructure should not be encouraged. The focus on the regions with productive southern taiga, mixed and broadleaf forests, developed wood-processing infrastructure, and high forest roads density could ensure the economically beneficial transition towards resilient forestry.
354
08 Aug 2023
Topic Review
Trade Openness and Sustainable Government Size
The ongoing discussion regarding the role of the free market economy and the extent of state intervention is a critical subject in economics. This matter holds special significance for transition economies, as it presents both challenges and opportunities in such contexts. One may perceive the degree of trade openness as a path toward welfare societies. However, the dual impacts of trade openness on an economy, namely, the compensation and efficiency hypotheses, must be considered. The compensation hypothesis proposes that global trade can enhance the economic influence of the state, whereas the efficiency hypothesis advocates for a contraction in the state’s economic undertakings.
339
11 Aug 2023
Topic Review
Emotional Availability during the COVID-19 Pandemic
While the body of literature on COVID-19’s impacts on family life is rapidly expanding, most studies are based entirely on self-report data, leaving a critical gap in observational studies of parent–child interactions.
322
26 Jun 2023
Topic Review
Indonesia’s Energy Subsidy Policy
Energy subsidies, play a crucial role in ensuring accessible and affordable energy for all, aligning with state obligations and legal mandates. These subsidies are not only instruments of social welfare; they are also integral to achieving energy security, characterized by supply security, competitive energy markets, and environmental protection. The Indonesian Government’s substantial investment in energy subsidies, designed to assist poor and vulnerable households, ironically favors the wealthy and exacerbates inequality.
280
18 Jan 2024
Topic Review
The Effect of COVID-19 Transmission on Cryptocurrencies
Bitcoin and other cryptocurrencies like Ethereum and Dogecoin have emerged as important asset classes in general, and diversification and hedging instruments in particular. The COVID-19 pandemic has provided the chance to examine and assess cryptocurrencies’ behavior during extremely stressful times.
260
08 Aug 2023
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