Skip to main content

Increase of Effectiveness of Public Welfare Through Improvement of the System of Investment Management

  • Conference paper
  • First Online:

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 622))

Abstract

Changeability of economic processes and formation of the modern reality of socio-economic development requires the search for new tools that increase the level of public welfare. The process of consumption and production provides less influence on the improvement of economic and social welfare of population and state. This process is being replaced by investment management. According to this, the purpose of this article is to form the main approaches to increase of effectiveness of public welfare through improvement of the system of investment management. According to this, it is necessary to solve the following tasks: study the theoretical basis of scientific ideas in the sphere of increase of effectiveness of public welfare by means of investment management; determine certain macro-economic approaches to increase of public welfare trough investment management; characterize the public-private and project approach to investment management; form the authors’ idea of improvement of the system of investment management for possible increase of public welfare effectiveness. The research tools include the method of theoretical analysis, deduction, comparative evaluation, specification and generalization, and object tracking. The novelty of the research consists in the attempt to substantiate the interconnection between increase of effectiveness of public welfare and improvement of the system of investment management. This research will be of interest to a rather wide circle: scientists dealing with the issues of increasing the level of public welfare, researchers studying the issues of modernization and transformation of the system of investment management, and practical specialists conducting strategic research in the sphere of improvement of socio-economic development of territorial subjects.

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

References

  • Blaug, M.: Economic Theories, True or False? Essays in the History and Methodology of Economics. Manchester School of Economic and Social Studies, vol. 59, pp. 91–92 (1991)

    Google Scholar 

  • Blaug, M.: The classical theory of economic growth. Economica 69(274), 340 (2002)

    Google Scholar 

  • Bateman, H., Thorp, S.: Decentralized investment management: an analysis of profit pension funds. J. Pension Econ. Fin. 6(1), 44 (2007)

    Google Scholar 

  • Deli, D.N., Varma, R.: Contracting in the investment management industry: evidence from mutual funds. J. Fin. Econ. 63(1), 79–98 (2002)

    Article  Google Scholar 

  • Lens, V.: Public voices and public policy: changing the societal discourse on ‘Welfare’. J. Sociol. Soc. Welfare 29(1), 137–154 (2002)

    Google Scholar 

  • Kushnareva, O.: Regulating public welfare: a regional level. In: Problems of the Theory and Practice of Management, vol. 2, pp. 29–35 (2008)

    Google Scholar 

  • Titova, N.E.: Individual and public welfare in West economic concepts. Econ. Sci. 1, 46–56 (1999)

    Google Scholar 

  • Irani, Z.: Investment evaluation within project management: an information systems perspective. J. Oper. Res. Soc. 61(6), 917–928 (2010)

    Article  Google Scholar 

  • Rutkauskas, A.V., Žilinskij, G.: Financial leverage usage for active management of the investment portfolio. Bus. Theory Pract. 11(3), 194–203 (2010)

    Article  Google Scholar 

  • Xiaomeng, Zh.: Institutional transition from welfare enterprise to social enterprise: the localization of legislation and in Chinese context. J. Inst. Stud. 8(1), 121–131 (2016)

    Google Scholar 

  • Flint-Ashery, S.: Public welfare or sectarianism: a new challenge for planning. Plann. Theory Pract. 16(3), 299–318 (2015)

    Article  Google Scholar 

  • Mackenzie, R.: Protecting transnational investment in intellectual property rights: legal issues and risk management strategies. Eur. Bus. Law Rev. 11(2), 105–111 (2000)

    Article  Google Scholar 

  • Kolmakov, A.N.: The theoretical aspects of development of the system of public welfare. Bull. Tambov Univ. Ser. Humanit. Sci. 8(124), 27–32 (2013)

    Google Scholar 

  • Shkirenko, G.A.: Individual and public welfare – modern tendencies. Bull. Voronezh State Univ. Ser. Econ. Manage. 1, 102–107 (2014)

    Google Scholar 

  • Besley, T., Coate, S.: On the public choice critique of welfare economics. Pub. Choice 114(3–4), 253–273 (2003)

    Article  Google Scholar 

  • Dzhetpisova, А.B.: The conceptual foundations of investment management. Bull. Astrakhan State Tech. Univ. Ser. Econ. 2, 25–34 (2011)

    Google Scholar 

  • Chigvintseva, E.S.: Public welfare in the context of a new quality of socio-economic relations. Terra Economicus 9(3–2), 23–26 (2011)

    Google Scholar 

  • Blekesaune, M.: Economic conditions and public attitudes to welfare policies. Eur. Sociol. Rev. 23(3), 393 (2007)

    Article  Google Scholar 

  • Komarevtseva, O.O.: Smart city technologies: new barriers to investment or a method for solving the economic problems of municipalities? R-Econ. 3(1), 32–39 (2017)

    Google Scholar 

  • Lyapina, I., Stroeva, O., Vlasova, M., Petrukhina, E.: Strategic approach to investment activities management in russian industry [Элeктpoнный pecypc]. In: Popkova, E.G. (ed.) Russia and the European Union, Development and Perspectives (Ser. Contributions to Economics), pp. 333–339. Springer (2017)

    Google Scholar 

  • Yeo, K.T., Qiu, F.: The value of management flexibility a real option approach to investment evaluation. Int. J. Proj. Manage. 21(4), 243–250 (2003)

    Article  Google Scholar 

  • Litvinenko, V.A.: Directions and methods of intensification of the state investment policy in Russia’s regions. Audit Fin. Anal. 6, 314–324 (2008)

    Google Scholar 

  • Romanova, L.A.: The issues of the investment process management. Sci. Anal. J. “Obozrevatel” – “Observer” 11(262), 92–100 (2011)

    Google Scholar 

  • Khachaturyan, N.M.: The potential of integration in managing the strategic investment development. Bull. V.N. Tatishchev Volga Univ. 20, 37–43 (2010)

    Google Scholar 

  • Overviews of the Russian market of alternative investments for 2013–2016. The official web-site of the managing investment company “RWM Capital” (2017). http://mfd.ru/commentfiles/2009/130813110056.pdf

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Alla L. Lazarenko .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer International Publishing AG, part of Springer Nature

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Lazarenko, A.L., Orlova, S.A., Rykova, I.A., Golaydo, I.M., Uvarova, E.E. (2018). Increase of Effectiveness of Public Welfare Through Improvement of the System of Investment Management. In: Popkova, E. (eds) The Impact of Information on Modern Humans. HOSMC 2017. Advances in Intelligent Systems and Computing, vol 622. Springer, Cham. https://doi.org/10.1007/978-3-319-75383-6_2

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-75383-6_2

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-75382-9

  • Online ISBN: 978-3-319-75383-6

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics