scholarly journals Estimating Prospects of Russian Foreign Trade under Crisis: Sanctions and Countersanctions

2019 ◽  
Vol 71 ◽  
pp. 02006
Author(s):  
D.V. Manushin

Based on econometric modeling, we proved the good relationship between foreign trade turnover and trade balance with the GDP of the Russian Federation. We identified the varying opinions of the Russian and foreign scholars on the impact of sanctions and countersanctions on the Russian economy. Based on the data on the absolute values of the trade turnover, export, import, and trade balance of Russia from 2010 to 2018, we revealed the positive dynamics of these indices, despite their negative values in 2014-2016. This allowed making a conclusion that the overall results of imposing sanctions and countersanctions for the Russian trade turnover and trade balance is rather positive than negative. This refutes the statements of western politicians, representatives of their subordinate international organizations, and some Russian and foreign scholars about the definitely negative role of sanctions and countersanctions. As a result, it is proposed to review the prospects of imposing additional countersanctions on western countries, which would allow developing the non-food sectors of the Russian economy.

2020 ◽  
Vol 193 ◽  
pp. 01064
Author(s):  
Andrey Udalov ◽  
Zoya Udalova

The article presents an analysis of the foreign economic activity of agricultural producers in the Southern Federal District. The general results of foreign trade of the constituent entities of the Russian Federation located in the Southern Federal District are considered. The general characteristic of the foreign trade activity of the Southern Federal District is provided, providing for an assessment of the value volumes and per capita indicators of export and import, foreign trade turnover, and the balance of foreign trade balance.


2021 ◽  
Vol 11 (4) ◽  
pp. 3904-3919
Author(s):  
Natalya N. Shchebarova ◽  
Nadezhda L. Tropnikova ◽  
Andrey R. Gafurov ◽  
Mariia A. Utkova ◽  
Anna Yu. Fofanova ◽  
...  

The goal is to present a comparative analysis of statistical data on the indicators of the foreign trade turnover of the Russian Federation under the conditions of economic sanctions and anti-sanctions, as well as the results of expert assessments on the current import substitution policy. Design/methodology/approach – methods for comparing and grouping indicators that allow comprehensively and dynamically considering the state of Russia's foreign trade turnover, taking into account changes in the country and commodity aspects in the volume of exports and imports in the context of economic sanctions and a counter food embargo. Conclusions – the paper proves that the decline rate in foreign trade turnover in relation to the pre-sanctioned 2013 has slowed down, which indicates the relative adaptation of the Russian economy and the effectiveness of the anti-crisis measures taken. The main recommendations have been formulated that require the concentration of protective adaptation measures on the instruments of selective protectionism with free trade measures. Originality/significance – the paper provides a comprehensive analysis of the impact of economic sanctions on the volume and structure of Russia's foreign trade in the context of growing pressure on foreign trade in a gradual increase in sanctions, and this trend should be timely detected.


Author(s):  
A. A. Salcutan

The article analyzes damage caused by attacking finance organizations in the Russian Federation through activization of hacker groups. The mentioned attacks were mainly directed at banking cards’ processing, cash machines and the SWIFT system, an international system of transmitting finance information and payments. The growth in hacker penetrations can be seen in all sectors of Russian economy, it is based on informational confrontation and aims at destabilization of considerable objects of critical information infrastructure. Today special attention is paid to attacks of hacker groups, which get financing from states and criminal groupings in order to exert influence on the leading banks of the world. The author investigated the key methods of attacks of finance organizations. The role of the Federal service on technical and export control and the Department of information security of the Bank of Russia was described. By assessing the impact of computer attacks the author came to the conclusion that the Russian banking sector is vulnerable to computer attacks on informational systems that could cause damage not only to small but also big credit organizations, which possess over 60% of the Russian banking sector assets.  


Author(s):  
Vera V. Vodyanova ◽  
◽  
Semen A. Batarykin ◽  
Yaroslav A. Kuznetsov ◽  
◽  
...  

The article is devoted to the development of the Federal loan bond market in the context of the financial crisis and the sanctions pressure. Federal loan bonds are considered as one of the most reliable exchange-traded instruments. That is due to the relatively low yield of Federal loan bonds and the very nature of the instrument, which is determined by the fact of lending money to the state. The paper examines the role of non-residents in the Federal loan bond market in order to estimate its sensitivity to Federal loan bond dumping by non-residents and its impact on Russia’s economic security. It shows how the dumping of Federal loan bonds by non-residents can affect the exchange rate in particular and the economy of the Russian Federation as a whole, and also describes potential sources of threats, which if implemented, could subject our economic system to critical stress, what may lead to loss of economic security. There are diagrams showing the impact of Federal loan bond sales and demand for them by non-residents on the economy. The key structural elements that influence the situation under consideration and shape the impact of the Federal loan bond market on the Russian economy are identified.


Author(s):  
L. L. Razumnova

Based on the latest data, the article examines the quantitative indicators of foreign trade in goods of the European Union (EU27) over the past 15 years with states that are not part of this economic grouping. Trends in the structure and dynamics of foreign trade turnover are revealed, including those determined by changing role of Great Britain and the United States in connection with Britain's secession from the Union (Brexit) in January 2020. In particular, there is a convergence in the growth rates of the studied countries group and an increase in its share in EU imports while reducing the share in merchandise exports. The quantitative trends of changes in the trade balance and commodity structure are analyzed. The author identifies the most significant factors determining the development of EU commodity exchange, comprising the role of US oil exports and anti-Russian sanctions. Some promising areas of research on this issue are determined with consideration of the results obtained by Russian and foreign scientists, such as competitiveness and the formation of the global value chains.


2018 ◽  
Vol 18(33) (1) ◽  
pp. 23-37
Author(s):  
Iwona Batyk

The aim of the article is to identify the most important changes in Polish foreign trade in agri-food products with the Russian Federation in the years 2006-2015. To verify these shifts, changes over time and the structure of foreign trade in agri-food products in 2006-2015 were analyzed. The value of Poland's foreign trade turnover with Russia, the turnover balance and the share of agri-food products in trade were presented. The value of imports and exports in the categories of agri-food product groups and the dynamics of the import and export of agri-food products was also presented. The article is the result of the analysis of literature and statistical studies. Data from the Statistical Yearbook of Foreign Trade was used. Trade exchange of agri-food products is characterized by an advantage of exports from Poland to Russia. The value of trading these products was reduced after the restrictions of the Russian Federation in 2014 on the import of these products from the EU. The dynamics of exports to Russia were dependent on the category of products. The most significant changes were related to products of plant and animal origin, because their exports depended on trade barriers resulting from the geopolitical situation. To improve Polish-Russian economic and trade relations, Russia must accept EU standards for the production and veterinary and phytosanitary certification of agri-food products.


2021 ◽  
pp. 111-119
Author(s):  
Ю.Ю. Косенкова ◽  
Р.А. Насырова

В статье проанализированы основные налоговые меры, принятые в Российской Федерации для смягчения последствий новой коронавирусной инфекции, проведена классификация таких мер, дана оценка последствий их реализации. Статья содержит анализ изменения в результате пандемии налоговых поступлений в бюджетную систему, доначислений в результате контрольной работы налоговых органов, изменения количества налогоплательщиков. Также сделан вывод об эффективности преодоления российской экономикой последствий первого (самого сложного) года пандемии и дана оценка роли ФНС в осуществлении мер государственного регулирования. The article analyzes the main tax measures taken in the Russian Federation to mitigate the consequences of the new coronavirus infection, classifies such measures, and evaluates the consequences of their implementation. The article contains an analysis of changes as a result of a pandemic in tax revenues to the budget system, additional charges as a result of the control work of tax authorities, changes in the number of taxpayers. It also made a conclusion about the effectiveness of overcoming the consequences of the first (most difficult) year of the pandemic by the Russian economy and assessed the role of the Federal Tax Service in the implementation of state regulation measures.


2020 ◽  
Vol 13 (2) ◽  
pp. 119-125 ◽  
Author(s):  
E. V. Lisova

The article analyzes the impact of the COVID–19 virus on social and economic processes. Its influence on the world, Russian economy and regional economy of the Russian Federation is analyzed. Measures of state support for social and economic spheres are described. The characteristic of losses from the pandemic is given in relation to the sectors of the economy. The conclusion is made about the significant role of regional authorities in the fight against the consequences of coronavirus.


Legal Concept ◽  
2019 ◽  
pp. 167-172
Author(s):  
Tatyana Deryugina ◽  
Iolanta Baltutyte

The article is a review of the monograph “Energy Sector: A Systemic Analysis of Economy, Foreign Trade and Legal Regulations” by “Springer Science + Business Media” – a global publishing company specializing in the publication of academic journals and books, indexed in the international citation and analytical database of scientometric data SCOPUS / Web of Science. The monograph was published under the editorship of D.Sc. Economics, Prof. O.V. Inshakov, D.Sc. Law, Prof. A.O. Inshakova, D.Sc. Economics, Prof. E. G. Popkova. The corporate authors consisted of the leading scientists – representatives of legal and economic sciences, D.Sc. Economics, Prof. L. Y. Bogachkova; D.Sc. Economics, Prof. A. V. Bogoviz; D.Sc. Law, D.Sc. Economics, Prof. A. I. Goncharov; D.Sc. Economics, Prof. O. V. Inshakov, D.Sc. Law, Prof. A. O. Inshakova; D.Sc. Economics, Prof. E. I. Inshakova; PhD in Law I. P. Marchukov; D.Sc. Economics, Prof. E. G. Popkova, D.Sc. Law, Prof. E. E. Frolova. The book is dedicated to the memory of Doctor of Economics, Professor, Honored Scientist of the Russian Federation O. V. Inshakov.


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