DOI: 10.7256/2454-0765.2017.4.24454

Abstract: The article is devoted to the experience of the implementation of the provisions of the Federal Law no, 476 of December 29, 2014 that defines the rules and procedure of individual (physical entities') bankruptcy. In his research Kuznetsov examines the historical grounds for that law and succeeding transformations. He also analyzes the algorithm for individual bankruptcy procedure, describes conditions and order for concluding an amicable settelment, principles of debt restructuring, and rules for selling debtor's assets. The researcher demonstrates the role of an independent financial manager in a case of individual bankruptcy. The research methodology is based on the systems approach and involves a detailed analysis of the algorithms at each stage of the individual bankruptcy procedure: initiating a bankruptcy procedure, preparing a debt settlement plan, and implementing a debt settlement plan. In his research Kuznetsov describes the main points of confusion in applicable laws that create problems for implementing the provisions of the Federal Law No. 476. The author also focuses on how the value of individual bankruptcy procedure is formed. The author demonstrates that current financial conditions, in fact, makes this procedure unavailable for those who actually need it. The author also makes the main suggestions on how to improve the procedure of individual bankruptcy. These suggestions may be used to change and improve the current legislation.  

DOI: 10.7256/2454-0668.2017.2.19899

Abstract: The subject of this research is the influence of the aggravated international situation and crisis economic phenomena upon the energy complex of the Russian Federation. On one hand, there had emerged a number of new threats to the energy security of the Russian Federation, which carry foreign policy and foreign economic character. On the other hand, the continuous worsening of technical state of the equipment and use of the outdated technologies makes the Russian energy companies inefficient and non-competitive in the international market, as well as elevate the social tension in the country. The author examines the threats to Russia’s energy security emerged due to the various external (geopolitical, macroeconomic, conjuncture, etc.) and internal (state and functionality of the energy sector) factors. The work demonstrates that the problem of energy security must be viewed in the context of ensuring national security to the Russian Federation. The author suggests introducing into the National Security Strategy an additional category of “energy aspects of national security”. The article also underlines the importance of measures aimed at restoration and development of the national production of energy technologies, increase of economic efficiency and functionality of the energy complex, as well as formulation of the approaches towards financing of energy complex in Russia under the conditions of the limited capital market.