Vol. 14 No. 4 (2019)

Issue No. 4 of the journal published in the passing 2019 year starts with the article devoted to the role of institutional sectors of economy in education and healthcare financing as the key aspects of human capital formation. The research described in the article is based on annual governors’ reports from Arkhangelsk, Vyatka, Ekaterinoslav and Perm provinces for 1870–1915. The second article of the section “Economic theory” provides evidence of opportunities and necessity to include a full-employment curve into the IS-LM-BP model using the principles of neo-classical synthesis. According to the scholars it will help to analyze the functioning of open economic systems. The final article in the section investigates the nature, principles and conditions of a platform economy operation, which allows us to create open digital ecosystems with multiple users.

In the journal section “Regional economy”: 1) the postulates of recurrent approach have been applied to the analysis of the production cycle on the basis of the payroll fund dynamics assessment, using the original author’s classification of endogenous and exogenous nature of the factors determining it. The research is done in the case study of Perm krai and the subjects of the Volga and Ural Federal districts as their economic structure is similar to Perm krai; 2) the original index methodology developed by the author for measuring the level of financial literacy using the components “knowledge” and “skills” has been applied for the investigation of differentiation of financial literacy levels using socio-demographic and economic characteristics of the population and territories of 4 regions of the North-Western Federal district (Kaliningrad, Pskov, Arkhangelsk and Vologda regions) in 2018; 3) regional peculiarities of knowledge spillover effect have been studied using an original method developed by the author for the assessment of publication activity of scholars from R&D organizations of a corporate sector.

The final section of the journal issue is devoted to the analysis of the world market trends in textile products. The crucial growth and re-construction models of textile and clothing industry in Russia have been identified using the identified reasons and contributing factors of the gap of the Russian textile and clothing industry from manufacturers of the leading countries. The issue ends with an article devoted to the development and verification of a comprehensive methodology for assessment of the efficiency of a company’s interaction with suppliers based on the concept of relationship marketing.