Socio-economic Model Research Articles

IOT Impacts and Digital Transformation at Listed Vietnam Banks

The Industrial Revolution 4.0 based on digital technologies has led to an unprecedented change in the socio-economic model. Therefore, countries in general and Vietnam are all aiming to develop the digital economy. The concept of digital transformation of the economy or development of the digital economy in Vietnam focuses on the following basic contents: 1) Developing digital businesses; 2) Digital transformation for traditional businesses (towards digitally integrated products; transforming business models on digital platforms; changing production processes based on digital data, automation, virtualization, etc.); 3) Development of digital finance; 4) E-commerce development. Therefore, digital transformation becomes an inevitable and objective trend, supporting banks to overcome challenges, create competitive advantages, and actively adapt to the context of digital transformation. In the context of the development of the digital economy in Vietnam is taking place strongly across industries and fields, requiring banks in Vietnam to have a transformation to a new business model. In this business model, it is necessary to integrate technology in operations and digitize business processes in the direction of automation and intelligence. Thereby, banks can perform activities of providing products and services on digital platforms, effectively exploiting data, thereby increasing experiences in business resolution and customer engagement. Besides, Internet of things has connect everything through internet, therefore risk management information system of Vietnam banks is also affected by IoTs and reliable internet data can help to enhance better RMIS in commercial banks. Generally, we want to emphasize effects of IoTs and digital transformation in banks operation and new business models.

The Ripple Effects of Maritime Piracy and Armed Robbery in the Gulf of Guinea

The acts of piracy had bedeviled mankind for many centuries though the modus operandi of this sinister act keeps changing over the years. The core concept still remains the same. It usually involves an armed attack at sea for a vessel, its cargo, crew or all of the three. The stage is set at sea, but the fall out effects are far reaching than we can imagine. There are political, economic social, security and environmental implications. All these aggregates or determinants are intertwined and have adverse consequences on all the stakeholders. Failed states political instability has become fertile grounds for pirates or sea armed robbers. Economically, the disruption of free movement of vessels, capture of crew for ransom has adversely affected the prices of goods at its final destination. This paper seeks to examine the relationships and effects these attacks have on the various facets of the marine logistic chain. The socio-economic model of Dr Kenneth McLeroy is used to explain the various linkages existing between these determinants viz economic perspective, social perspective, environmental perspective and political instability. Finally, the relevance of maritime security in the sphere of governance and the ability of institutions which would use the safety of our oceans is examined.

Increasingly expanded future risk of dengue fever in the Pearl River Delta, China.

BackgroundIn recent years, frequent outbreaks of dengue fever (DF) have become an increasingly serious public health issue in China, especially in the Pearl River Delta (PRD) with fast socioeconomic developments. Previous studies mainly focused on the historic DF epidemics, their influencing factors, and the prediction of DF risks. However, the future risks of this disease under both different socioeconomic development and representative concentration pathways (RCPs) scenarios remain little understood.Methodology and principal findingsIn this study, a spatial dataset of gross domestic product (GDP), population density, and land use and land coverage (LULC) in 2050 and 2070 was obtained by simulation based on the different shared socioeconomic pathways (SSPs), and the future climatic data derived from the RCP scenarios were integrated into the Maxent models for predicting the future DF risk in the PRD region. Among all the variables included in this study, socioeconomics factors made the dominant contribution (83% or so) during simulating the current spatial distribution of the DF epidemics in the PRD region. Moreover, the spatial distribution of future DF risk identified by the climatic and socioeconomic (C&S) variables models was more detailed than that of the climatic variables models. Along with global warming and socioeconomic development, the zones with DF high and moderate risk will continue to increase, and the population at high and moderate risk will reach a maximum of 48.47 million (i.e., 63.78% of the whole PRD) under the RCP 4.5/SSP2 in 2070.ConclusionsThe increasing DF risk may be an inevitable public health threat in the PRD region with rapid socioeconomic developments and global warming in the future. Our results suggest that curbs in emissions and more sustainable socioeconomic growth targets offer hope for limiting the future impact of dengue, and effective prevention and control need to continue to be strengthened at the junction of Guangzhou-Foshan, north-central Zhongshan city, and central-western Dongguan city. Our study provides useful clues for relevant hygienic authorities making targeted adapting strategies for this disease.

Post-Fordist Production and Urban Industrial Land Use Patterns

Economic restructuring of the 21st century is changing the production methods and location requirements of most industries. Mass production on the outskirts of cities, as was common in 20th century Fordism, is largely being replaced by an economic model characterised by a multitude of networked small and medium-sized production sites as well as logistics facilities. In this article, we want to examine if this also creates the opportunity to combine some of the smaller industrial areas with the city as a whole and to initiate a transformation of these areas in favour of redensification and mixed use. Examining the case of Kassel, Germany, we take a closer look at the transformation processes from Fordism to post-Fordism and the possibilities for a smarter land use. In this largely industrially shaped region, younger companies such as the solar panel producer SMA are using new approaches in terms of urban planning and land use by building their low emission-factories on greyfields in an urban environment rather than on suburban greenfields. In our article, we survey selected industrial areas in Kassel and discuss their recent change as part of a broader development from Fordism to post-Fordism. Firstly, the study contains a theoretical discussion of commercial and industrial land-use patterns in both socio-economic models. Subsequently, an on-site analysis is carried out to determine the extent to which both economic models have influenced the use and shape of industrial areas in Kassel. Based on this analysis, we finally show criteria for how urban planning can help to ensure that this change is combined with an improvement in the spatial and design quality of the industrial areas and is meaningfully integrated into the sustainable development of the city region.

Современные политические тенденции в Центральной Европе: уроки и вызовы для России

The year 2019 marks the 30th anniversary of the Velvet Revolutions and the de facto start of comprehensive reforms in Central Europe and in the region as a whole. The change of social systems and the entry of the former Eastern European countries to the common European market had its impact on the global balance of power resulting in a shift to the unipolarity with its predominantly transatlantic values. Today, however, we may observe the emerging trend both towards a political vector change in the mentioned countries and a new, more balanced international order due to which Hungarians, Poles, Slovaks and Czechs, a century later upon formation of political Central Europe, are finally willing to play a more prominent role than they did before. It is not about the role of a buffer or barrier assigned to them by the powers upon the world wars, but the role that was historically played by this region before the world wars and revolutions. This phenomenon is interesting not only in terms of discovering the region specifics, the prospects for building new socio-economic and integration models, but may also be relevant for a comparative analysis and insight into the political and economic evolution in Russia.
 Russia and Central Europe have had a period of social transformations, almost similar in duration, which goes back to the 1980s. Nevertheless, the countries differed in their goals and forms of transformations occurring in the early 1990s, although at the moment we are to address highly similar problems again. These countries are at different stages of their transformation process; however, they are rather similar in terms of the objectives to determine the future path to political, socio-economic, cultural and ideological development. The sense of incompleteness of the initiated transformations is prevalent both in Central Europe and in Russia. At the same time, there are doubts regarding the Western model of social policy. This process involves not only national development, but also regional interaction and international affairs, which matrix was destroyed 30 years ago, while the new one has not been created yet. Therefore, the Central European countries’ experience can be of value both to analyse their internal reforms and models of regional interaction, as well as to build a new type of international relations in a bilateral, allied and global manner.

A socio-economic and environmental vulnerability assessment model with causal relationships in electric power supply chains

The electric power industry is uniquely vulnerable to natural and human-made risks such as natural disasters, climate change, and cybersecurity. This study proposes a vulnerability assessment framework to identify and assess the risks associated with the electric power supply chain in the United Kingdom and study the causal relationship among them with the neutrosophic revised decision-making trial and evaluation laboratory (NR-DEMATEL) method. We further introduce a novel hesitant expert selection model (HESM) to assist decision-makers with expert selection and weight determination. We present a case study in the United Kingdom power supply chain to demonstrate the applicability and efficacy of the proposed method in this study. This is the first comprehensive risk interdependence analysis of the United Kingdom's power supply chain. The findings reveal natural disasters and climate change are the most crucial risks followed by industrial action, affordability, political instability, and sabotage/terrorism.

Importing participatory practices of the socio-environmental systems community to the process system engineering community: An application to supply chain

The Process System Engineering community has an extensive knowledge and skills on supply chain design: from the time dimension (production and flow planning) to the space dimension (geographic position of facilities). Nevertheless, supply chains are also social networks where multiple stakeholders have to collaborate while they have different, and sometimes, diverging objectives. For this reason, having a more realistic model representing collaboration between the various stakeholders involved is necessary and new methods that facilitate the development of a shared representation of the system must be introduced. We propose to import a participatory method, PARDI (Problematic, Actors, Resources, Dynamics and Interactions), from the Socio-Environmental System community to the practices of the Process System Engineering community. Based on this method, we develop a participatory process in order to collect the necessary knowledge on the supply chain and its context. Following this participatory process, we then develop an Agent-Based Model as a simulation and decision making tool to support collective scenario analyses and collectively draw solutions with stakeholders. Our participatory modeling approach necessarily imposes a multi stakeholders vision (within the modeling but also in the result analyses) and therefore the search for a modeling consensus. Thus, it brings a better inclusion of social aspects in problem solving which are usually poorly considered leading to implementation failure sometimes. By comparing our approach with the classic one of the Process Systems Engineering community, we highlight the strengths and weaknesses of both and how complementary they can be. A case study on the already existing supply chain of the chestnut wood in Cévennes area (France) illustrates the capabilities of our participatory methodology. It focuses on the socio-economic model design of the first two steps (forestry activities to harvest) in the supply chain as the latter is locked because of economic and social organisation issues. The objective is to find the best action levers to unlock the resistance that forest plot owners have to remove declining wood from their land.

Heterogeneity in Trajectories of Life Satisfaction After Reunification: The Role of Individual Resources and Life Stage in Former East Germany

For people living in the former East Germany, reunification with the former West Germany fundamentally transformed the sociopolitical system and most domains of everyday life. Previous research has revealed temporal shifts in average life satisfaction after reunification in the former East German population as a whole, but so far little is known about heterogeneity in patterns of adjustment within the population. Building on evidence of considerable diversity in trajectories of adjustment to other critical life events, in the current study we use longitudinal data from the German Socio-Economic Panel Study and growth mixture models to identify typical yet distinct trajectories of life satisfaction among former East Germans, covering the period just before reunification and four years thereafter. We identified four trajectories: continuously satisfied (experienced by 17% of the sample), upward adjusters (24%), downward adjusters (34%), and continuously dissatisfied (25%). Results of logistic regression analyses indicate that the propensity to follow a particular trajectory was strongly predicted by an individual’s baseline economic (employment, but not income), socio-relational (loneliness) and personal (education, satisfaction with health) resources. Whereas former East Germans with more resources just prior to reunification were more likely to maintain high or increase in life satisfaction, their peers with fewer resources were more apt to either maintain low or decrease in life satisfaction. People in their mid-twenties through mid-fifties (i.e., prime working age) at the time of reunification were also more likely to maintain low life satisfaction. Accordingly, reunification affected the unfolding of individual lives differently.

The modern education system in Russia

The article deals with the role of a modern teacher of higher education. The emphasis is on changing the approach to the process of obtaining and transferring information, including modern communication technologies and the Internet. The article defines the role and functions of the state and civil society in ensuring national interests through the formation of a high-quality and affordable higher education system in the Russian Federation that meets the modern challenges. Goals. Exchange of pedagogical experience and the possibility of its application taking into account local specifics. Methods. Based on experience in scientific, pedagogical and economic activities, using examples of administrative and other regulation of the education sector, the authors focus on the problems in the field of higher education, including those caused by the COVID-19 pandemic. They offer the ways to solve these problems taking into consideration the examples of their own practice as well as Russian, Soviet and world experience. Results. The education system is always sensitive and responsive to changes in society. Following the development of human, industrial, and economic relations, the educational system of relations is developed as well. Thanks to the perfection of modern information and communication technologies, new opportunities for teacher-student interaction appear allowing not only to expand the scope of joint activities, but also to make the learning process to be more individualized. At the same time, if the modern generation does not understand the fundamental role of knowledge that a teacher can give, so the speculative, marketing, and other technologies for studying and influencing mass behavior and consciousness can suppress the will and conscience of a person and deprive him free choice in the future. Conclusions. The quality of human resources, as an important component of the productive forces of society, determines sustainable growth and the development of the socio-economic model. It is necessary to increase an attention to the training of highly professional specialists, citizens and patriots, to educating a generation of future builders of a new prosperous Russia.

Policy Analysis of Sustainable Private Forest Partnership

Private forest partnership has been considered as a new strategy in dealing with conventional socio-economic model problem of the industrial wood raw material sustainability supply. As a new strategy to address the issue of sustainability of industrial wood supply, synergy is needed between forest farmer groups and timber-based industry through private forest partnership schemes. This research aims to analyze private forest partnership policy and its implementation in terms of cooperation aspects in order to formulate a sustainable private forest partnership policy. Content analysis was used to identify all policies related to private forestry partnerships, while policy implementation was analyzed by using formal evaluation method. The descriptive method was implemented to analyze standing stock managemet, and Analytical Hierarchy Process (AHP) as a method to formulate the concept of sustainable private forest partnership policy. The results showed that private forest partnership policy now is more focused on production facilities and infrastructure aspect. The level of policy implementation in research location is at a low grade, only reached 16.28%, while 43.75% of the private forest partnerships in the research area are not sustainable due to low potential of standing stock. This research proved that fostering the farmers is a key factor to develop sustainable private forest partnership policy.

Promoting Urban Agriculture and Its Opportunities and Challenges—A Global Review

Multifunctionality of urban agriculture can support the resolve of many urban challenges. Therefore, it is vital to understand the contribution of academic studies on urban agriculture practices as scientific information. The present study followed a systematic literature review based on the PRISMA method. Finally, 54 identified articles were analyzed. The review study mainly examined the contribution of academic literature on urban agriculture under four dimensions: the socio-economic context of the country, type of agriculture model, opportunities, and challenges. The results revealed the focus of academic literature on urban agriculture to show favoritism toward developed countries’ community gardens. Moreover, the leading academic focus on this discipline identifies multifunctionality. People’s motivations in developed countries tend to favor social, health-related, and educational benefits of urban agriculture; however, in developing countries, urban agriculture is more related to economic and ecological needs. Challenges for urban agriculture are also different among developed and developing countries. Nevertheless, existing academic studies have given comparatively less attention to identifying challenges, benefit groups of urban agriculture, and government support. Since urban agriculture is highly reliant on local factors, studying more about opportunities and challenges for urban agriculture under different socio-economic contexts and different agriculture models could be more beneficial to connect farming practices in cities with urban planning. Therefore, to make an adequate academic contribution to urban sustainability, future urban agriculture studies need to be more holistic.

The global forest above-ground biomass pool for 2010 estimated from high-resolution satellite observations

Abstract. The terrestrial forest carbon pool is poorly quantified, in particular in regions with low forest inventory capacity. By combining multiple satellite observations of synthetic aperture radar (SAR) backscatter around the year 2010, we generated a global, spatially explicit dataset of above-ground live biomass (AGB; dry mass) stored in forests with a spatial resolution of 1 ha. Using an extensive database of 110 897 AGB measurements from field inventory plots, we show that the spatial patterns and magnitude of AGB are well captured in our map with the exception of regional uncertainties in high-carbon-stock forests with AGB >250 Mg ha−1, where the retrieval was effectively based on a single radar observation. With a total global AGB of 522 Pg, our estimate of the terrestrial biomass pool in forests is lower than most estimates published in the literature (426–571 Pg). Nonetheless, our dataset increases knowledge on the spatial distribution of AGB compared to the Global Forest Resources Assessment (FRA) by the Food and Agriculture Organization (FAO) and highlights the impact of a country's national inventory capacity on the accuracy of the biomass statistics reported to the FRA. We also reassessed previous remote sensing AGB maps and identified major biases compared to inventory data, up to 120 % of the inventory value in dry tropical forests, in the subtropics and temperate zone. Because of the high level of detail and the overall reliability of the AGB spatial patterns, our global dataset of AGB is likely to have significant impacts on climate, carbon, and socio-economic modelling schemes and provides a crucial baseline in future carbon stock change estimates. The dataset is available at https://doi.org/10.1594/PANGAEA.894711 (Santoro, 2018).

New data and perspectives on the early stages of the Neolithic in the Middle Kura River Valley (South Caucasus). The 2017–2019 excavations at Kiçik Tepe, Western Azerbaijan

The factors and dynamics that initiated the Neolithisation process in the South Caucasus between the very end of the 7th and the beginning of the 6th millennium BCE are still unclear and hotly debated. It is within this framework that the excavations at Kiçik Tepe, in the middle Kura river valley of Western Azerbaijan, aim to offer new data and new perspectives on the complex interplay of environmental, social and cultural factors that contributed to this process. Excavations at Kiçik Tepe uncovered two main phases of occupation consisting of circular buildings dating to the first centuries of the 6th millennium. Architectural remains allowed us to highlight an evolutionary architectural trajectory hinting at social and productive changes in the role and structure of the households. The subsistence strategies that rely on species domesticated elsewhere show at once a series of specificities highlighting adaptation to the local environment and the exploitation of wild species possibly resulting from previous Mesolithic practices. Simultaneously, while the almost aceramic way of life at Kiçik Tepe outlines a local dialectic between Mesolithic and Neolithic cooking practices, lithic and macrolithic tools pinpoint broadly shared regional elements as well as very localised traits framed into both long and short distance contacts. As a whole the new evidence from Kiçik Tepe highlights that the Neolithisation in the South Caucasus was not a straightforward process that consisted of the abrupt and homogenous adoption of an exogenous ‘package’ but most probably of a gradual and complex process of change resulting from dynamics of resistance and innovation between old and new socio-economic and cultural models.

New Economic Policy – Practical Experience of Creating a New Socio-Economic Model

The article describes the stages and main activities carried out in the framework of the new economic policy (19211927) are considered. The place and role of NEP in the economic history of Russia, despite the past 100 years, are still following discussion issues. In particular, the question of the impact of a new economic policy on the formation of a mixed economy in developed capitalist countries in the second half of the 20th century was relevant. In the 1920s, an economic system was built in Russia in Russia, which can be developed as a mixed economy, which has proven its flexibility and effectiveness in solving the most complicated economic tasks. The article analyzes the experience of NEP based on the use of the methodology of institutional theory. The activities of the authorities during this period were aimed at the adaptation of old institutes, skills, mentality of the population in the conditions of a tight deficit of all resources to new requirements, primarily in the economy. The importance of the tasks facing the tasks and the limited time released by history to their decision determined the choice of a rigid totalitarian style of economic management and society, which did not allow to reveal the potential capabilities of the ECAP economic mechanism.

Transformation of the human capital reproduction in line with Industries 4.0 and 5.0

The study’s relevance relates to the transformation of the human capital reproduction during the transition to a new socio-economic model and changes (digitalization, cyberization, customization, etc.) that are now taking place within Industries 4.0 and 5.0. The purpose of the study is to formulate the content and key directions of learning processes based on modeling and the formation of digital twins for the production and consumption of goods. The research method is based on the analysis of structural links in socio-economic systems, where the potential of human capital is realized. The study describes a trialectic model for the system development mechanism, which gives grounds to distinguish three types of essential components of implementing the specialists’ competencies (material, information, and communication). Based on the concept of “system of systems”, the necessity of multifunctional training of specialists for socio-economic systems is substantiated and shown on the list of personal knowledge/skills in the renewable energy sector. Recent trends in the reproduction of human capital, such as intellectualization, increased communication, internationalization, acquisition of skills, customization, and communication with consumers, are stated in line with Industries 4.0 and 5.0. The potential for future research is aimed at harmonizing relations between humans and cyber-physical systems, motivating the needs for self-development, and using disruptive technologies in the reproduction of human capital. AcknowledgmentThe publication contains the results of research of the European Commission grants “Jean Monnet Chair in EU Economic Policies and Civil Society” (619878-EPP-1-2020-1-UA-EPPJMO-CHAIR) and EU legislative, economic and social transition to sustainable society within Industry 4.0 and 5.0 (619997-EPP-1-2020-1-UA-EPPJMO-CHAIR).The paper is prepared within the scientific research projects “Sustainable development and resource security: from disruptive technologies to digital transformation of Ukrainian economy” (No. 0121U100470) and “Fundamentals of the phase transition to the additive economy: from disruptive technologies to institutional socialization of decisions” No. 0121U109557), funded by the general fund of the state budget of Ukraine.

Итоги промышленного экономического развития Советской России: историко-правовой анализ

Presented is an analysis of results of industrial economic development of Soviet Russia in the period of industrialization. The relevance of the research topic is explained by the fact that in modern conditions there are tendencies to change various aspects of society in the conditions of the state and legal superstructure. One of their determining factors is the processes of globalization and integration, which entail, first of all, the need to reorganize the socio-economic national models of society. Thus, in order to smooth, balanced and harmonized reform of the state and legal superstructure at the national and supranational levels of legal regulation of public relations, a detailed historical and legal analysis of the accumulated experience of building and implementing state management of economic relations and processes in the conditions of various socio-economic formations and national political and legal regimes. In this regard, one can draw attention to the significant successes in the socialist reorganization of agriculture during the NEP period, which caused tremendous changes in the life of the country. There is a radical reorganization of the economic formation and the nature of the organization of economic ties and relations. Deprived of their production base, the former exploiters have not disappeared from life, but their social and legal status has changed. Many former exploiters went to work in enterprises and institutions, penetrated into collective and state farms. Some of them joined the ranks of declassed elements. The purpose of the study is to conduct a comprehensive historical and legal analysis of the results of the economic development of Soviet Russia during the NEP period. Tasks: historical and legal analysis of the characteristic features of the NEP as a necessary component of building economic ties and relations in a new state formation; assessment of the results of the economic development of the Soviet-type state in the context of the new economic policy. Methodology. To achieve the stated goal when considering the stated problem, in this article, such methods of scientific knowledge of reality as analysis and synthesis, as well as dialectical, logical, historical, systemic methods were used. The results of the work are that the author attempted a comprehensive historical and legal study of the features of building economic ties in the conditions of the NEP, which can contribute to further scientific understanding of this problem. In the second half of 1929, the development of the countryside underwent a transformation from a capitalist system to a socialist one, the essence of which consisted in a change in production relations, in the abolition of private ownership of the means of production and in the establishment of cooperative-collective farm property. The change in production relations in the countryside proceeded along two lines: the confiscation of the means of production from the kulaks and their voluntary socialization from the working peasantry. Such a revolution in the socio-economic structure of the countryside proceeded as a decisive elimination of internal capitalism.

Territorios en disputa: un estudio de caso en la España vaciada

This paper analyses the trajectory of public policies in the face of the problem of depopulation, both at the socioeconomic level and for its impacts on the lives of thousands who are being displaced. It is based on a diagnosis to characterize the dimension of the problem. Then we reflect on the socioeconomic development model and its spatial impacts. We problematize the issue of depopulation incorporating approaches to the geography of power, the conceptions of space and territory, and the challenges of “empty space” in the context of disputes about natural and strategic resources. Finally, we analyze the socio-cultural impact and the rupture of community ties. Although the work is relevant to all of Spain, but it focuses on the Community of Castile and Leon, and more specifically León given that it is one of the provinces with the greatest depopulation and with less institutional support.

Public health challenges and opportunities after COVID-19.

With hindsight, the main weakness behind the ineffective response to the coronavirus disease 2019 (COVID-19) pandemic in some countries has been the failure to understand, and take account of, the multilayered systemic interdependencies that spread the effects of the pandemic across social, technological, economic and health-care dimensions. For example, to respond to the COVID-19 pandemic, all people were required to rapidly adjust to social distancing and travel restrictions. Such a complex behavioural response entails adaptation to achieve a full recovery from the systemic shock. To capitalize on the positive effects of disruption to the status quo, much more complex socioeconomic modelling needs to be considered when designing and evaluating possible public health interventions that have major behavioural implications. We provide a simple example of how this reasoning may highlight generally unacknowledged connections and interdependencies and guide the construction of scenarios that can inform policy decisions to enhance the resilience of society and tackle existing societal challenges.

Post-COVID Sustainable Economic Development

Crises show all the vulnerability and unsustainability of modern economic systems, imposing the need to ask ourselves what really is important, what wealth actually is. At the same time, they are an opportunity to critically review economic systems, ideologies, economic indicators of quality of life and dogmatically set ideas which have negative impacts on society, culture and the environment. In this sense, the current pandemic is an opportunity to take action and make a change, to shift the focus to socio-economic models focused on people, environment and strengthening of global partnership for sustainable development.

Особый период в кубинской истории (1991-2000)

The modern socio-economic model of Cuba is a unique example of an attempt to build a welfare state in extremely unfavorable conditions. Over the course of 30 years, since the collapse of the USSR and the so-cialist bloc, Cuban society has undergone several major transfor-mations, the most radical were the reforms of Raul Castro, which began in 2008 and were finally enshrined in the new constitution 11 years lat-er. In this article, the author puts forward a hypothesis that these re-forms are not something qualitatively new, but rather reflect the acceler-ating pace of transformations that were laid back during the "special pe-riod in peacetime", the most critical stage in the adaptation of Cuban society to new foreign economic and foreign policy realities. The author analyzes the key features of the economic policy of the Cuban govern-ment during this period, as well as its specific features in comparison with the neoliberal reforms that became mainstream for the post-soviet states.