Policy of National Interest as an Alternative to Liberalism

Upravlenie ◽  
10.12737/5638 ◽  
2014 ◽  
Vol 2 (3) ◽  
pp. 57-61
Author(s):  
Моргунов ◽  
E. Morgunov ◽  
Чернявский ◽  
S. Chernyavskiy
Keyword(s):  
Global Economy ◽  
Capital Investment ◽  
World Economy ◽  
Oil And Gas ◽  
Raw Materials ◽  
National Interest ◽  
Point Of View ◽  
Modern World ◽  
The World ◽  
Gas Market

It has been shown in this paper that among the expert community there is no consensus on the global economy prospects. Optimists suggest that as soon as the crisis in the euro area will be overcome, and the world economy in the coming years will increase slowly but surely (about 3% per year). But pessimists suggest that depression, or at least short-term stagnation will occur. However, some of them not only predict a financial crisis, but in the middle-term – a natural resource´s one. Our analysis of global and Russian oil and gas market is confirming that at least "oil props" of the modern world economy are becoming quite shaky: the world is moving from the "oil era" to the "age of gas". With specific regard to Russia, its natural resources and raw materials primarily hydrocarbons (in particular enough high world prices for them), keep her from the financial and budget crisis, despite the absurd liberal economic policy and off-scale corruption. However, analysis of Russian oil and gas market shows that many of old highly profitable fields almost used up its resources and new ones are often at least marginally profitable and require a huge capital investment in their development. Therefore, from our point of view, in any case, to be a shift from the liberal to an active policy of national interest: improving the living standards of own people, economic development of the territory, industry restoration.

scholarly journals HORIZONS OF RESEARCH IN GEOGRAPHY OF THE WORLD ECONOMY

HERALD ◽  
2017 ◽  
Vol 8 (20) ◽  
Author(s):  
Vladimir Alexandrovich Kolosov ◽  
Elena Alexandrovna Grechko ◽  
Xenia Vladimirovna Mironenko ◽  
Elena Nikolayevna Samburova ◽  
Nikolay Alexandrovich Sluka ◽  
...  
Keyword(s):  
Developing Countries ◽  
Division Of Labor ◽  
Global Economy ◽  
World Economy ◽  
Spatial Organization ◽  
Modern World ◽  
High Tech ◽  
Research Activities ◽  
The World ◽  
The Impact

The advent of "world economic transition" and the formation of a multipolar world is closely linked, according to experts, with loss of globalization advances, which strengthens regionalism, increases diversification and fragmentation of the modern world, creating risks and threats to the world development. In this light studying the spatial organization of the global economy becomes more important, and at the same time that complicates the choice of priorities in the research activities of the Department of geography of the world economy, Faculty of Geography, Moscow State Lomonosov University in 2016-20, requiring a new research “ideology”. The article summarizes some ideas expressed by the department staff. It specifies that concept of territorial division of labor, as well as the defined set of key actors in the world economy and common assumptions regarding their contributions to its development needs a significant revision. The above firstly concerns giant developing countries, in particular rapidly growing China – a kind of locomotive entraining other developing states. Further, the impact of multinationals on the overall architecture and the territorial organization of the global economy becomes more and more tangible. This phenomenon requires the creation of a new scientific area of concern – the corporate geography as a tool to thoroughly investigate the transnational division of labor. Changes in the balance of acting forces are closely related to changes in industry composition and spatial organization of the global economy. The article raises the issues of development of such processes as tertiarization of the economy, reindustrialization and neoindustrialization, the latter being understood as an evolutionary transition to a knowledge-intensive, high-tech, mass labor-replacing and environmentally efficient industrial production. Basing on preliminary research from the standpoint of a relatively new methodological approach – formation of value chains – the vector of "geographical transition" " in their creation from developed to developing countries was designated. This means increasing complexity of the territorial structure of the world economy and an increase in the importance of semi-periphery. A spatial projection of globalization processes in the form of emerging “archipelago of cities”, which consolidates the international network of TNCs as the supporting node frame of the global economy requires close attention and analysis. The need of comprehending the study scope in the field of geography of the world economy in medium Atlas Information Systems (AIS), which in terms of functionality belong to the upper class of electronic atlases, is noted.

CORONAVIRUS IMPACT ON THE GLOBAL ECONOMY

2020 ◽  
Vol 10 (10) ◽  
pp. 2491-2498
Author(s):  
L.V. Abdrakhmanova ◽  
◽  
E.S. Shchigortsova ◽  
Keyword(s):  
Economic Activity ◽  
Global Economy ◽  
World Economy ◽  
Raw Materials ◽  
Global Scale ◽  
Retail Trade ◽  
Negative Consequences ◽  
Road Transportation ◽  
The World ◽  
Coronavirus Infection

The article analyzes the consequences of the spread of coronavirus infection on the world economy. The high degree of infection and the rapid spread of COVID-19 caused the quarantine of certain cities and regions of the world, and since March 2020, the borders between the countries have been completely closed. This situation, naturally, could not but affect the global economic activity. The crisis caused by the pandemic has led to the fact that the leaders of the countries were forced to first of all pay attention to health problems and seriously reduce funding in other sectors of the economy. The forced self-isolation regime of the population affected all spheres of life, without exception, large and medium, and, especially, small business suffered. The sectors of the economy most affected by the coronavirus pandemic include: air and road transportation, the leisure and entertainment industry, fitness and sports, tourism, hospitality, catering, the education system, the organization of conferences and exhibitions, the provision of personal services to the population, dentistry, retail trade in non-food products, the media and the production of printed materials, etc. Statistical data on the number of cases of new coronavirus infection by country (as well as those who recovered and died from it) are today not so much of a medical nature as evidence of a deepening global economic crisis. The decline in production volumes on a global scale entails a reduction in the global consumption of most types of industrial raw materials and energy carriers. According to analysts’ forecasts, the possibility of a quick return to the previous economic activity is not foreseen, negative processes may continue for the next several years. The COVID-19 pandemic is a serious test of the readiness of the world economy to effectively resolve global problems, overcome the negative consequences of the spread of the virus and focus on those positive opportunities, the development of which can lead to economic growth in the long term. One of these promising areas of economic development is the further digitalization of society, the development of new digital technologies.

World economy and international economic relations

2020 ◽  
Author(s):  
Ol'ga Baburina
Keyword(s):  
International Economic ◽  
World Economy ◽  
System Analysis ◽  
Point Of View ◽  
Modern World ◽  
Federal State ◽  
Economic Relations ◽  
International Economic Relations ◽  
The World ◽  
State Educational

The main provisions of the theory of the world economy and international economic relations are presented. The strengthening of the integrity of the world economy is justified. The most important indicators from the point of view of system analysis are given. The concepts, concepts and dynamics of development of key forms of international economic relations are revealed. The construction of the balance of payments of various countries is analyzed. In the proposed publication, to control the level of mastering the discipline on each topic, tests, topics of reports and abstracts are given, practice-oriented tasks are developed based on objective statistical data of recent years. Meets the requirements of the Federal state educational standards of higher education of the latest generation. For bachelors studying in the field of Economics, it can be useful for teachers who lead the disciplines "World economy", "World economy and international economic relations", as well as for anyone interested in the processes taking place in the modern world economic system and the role of Russia in it.

PROBLEMS OF EXPANDING AND DEEPENING INTERACTION BETWEEN THE MEMBER COUNTRIES OF THE BRICS STRATEGIC ASSOCIATION

2020 ◽  
Vol 1 (7) ◽  
pp. 117-121
Author(s):  
K. S. LEONOVA ◽  
Keyword(s):  
Economic Integration ◽  
Global Economy ◽  
World Economy ◽  
World Order ◽  
Modern World ◽  
Globalizing World ◽  
The World

The article is devoted to the study of key problems in the expansion and integration between the BRICS alliance members in a globalizing world. The relevance of the article is characterized by growing economic integration between the BRICS member countries in the modern world economy. Under the conditions of reconfiguration of the world order, scientific justifications have been developed, as a result of which the BRICS strategic association could take more advantageous positions in the global economy.

TRANSFORMATION IN THE ROLE OF RAW MATERIALS IN THE GLOBAL ECONOMY: NEW OPPORTUNITIES FOR RUSSIA

2020 ◽  
Vol 13 (1) ◽  
pp. 148-159
Author(s):  
N.L. Orlova ◽  
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Business Models ◽  
New Technologies ◽  
Raw Materials ◽  
Raw Material ◽  
Modern World ◽  
Material Resource ◽  
Resource Flows ◽  
New Approaches

The author considers the factors and difficulties of involving raw materials in international trade at the present stage. The necessity of developing new approaches to assessing the possibilities and effects of including resources in the global turnover against the backdrop of globalization challenges is shown. It is noted that the transformation of the model of world economic development reinforces attention to the resource supply factor of the modern world economy and helps to increase its role in the field of interaction of economic and political power vectors. It is determined that the technology of resource management in the global economy provides for the optimization of the processes of forming the resource base and improving the management of resource flows. It has been revealed that the problem of finding new approaches to improving the management of resource 159 МИРОВАЯ ЭКОНОМИКА И МЕЖДУНАРОДНЫЙ ОПЫТ flows, especially raw materials, in the modern world economy is becoming particularly relevant against the background of the emergence of new technologies in resource extraction, the introduction of innovations in organizing the delivery of resources to their places of consumption and reducing the efficiency of existing business models. Some aspects of the application of soft calculations and measurements in the management of raw resource flows are presented. The characteristic is given to the system of socio-economic ratings of countries. The ratings that evaluate the raw material resource flows are considered. Combined ratings are proposed for use in the management of raw material resource flows. It is noted that the competitive advantages of the economies of countries, integration associations, individual areas of production in modern conditions largely depend on their involvement in the processes of international specialization. It is posed the problem of effective countries supplying raw materials for participation in value chains. Particular attention is paid to identifying opportunities for improving the activities of Russian companies in world commodity markets.

National Oil and Gas Sector: Competitiveness Dynamics and Prospects of Financing

2006 ◽  
pp. 137-153 ◽  
Author(s):  
O. Berezinskaya ◽  
V. Mironov
Keyword(s):  
World Economy ◽  
Oil And Gas ◽  
Negative Influence ◽  
Point Of View ◽  
Medium Term ◽  
Computing Model ◽  
Russian Economy ◽  
The World ◽  
Oil And Gas Sector ◽  
Official Data

Methodological and empirical problems of medium-term forecasting of the Russian economy mono-product branches are considered in the article (as an example the oil-and-gas sector is analyzed). On the basis of the specially-developed technique it is shown that slowing of growth of the oil-and-gas sector in 2005 (despite the reached price peak) renders much stronger negative influence on the economic growth of the whole economy, than it follows from the official data inevitably underestimating the contribution of this sector to the GDP. The forecast of the Russian oil-and-gas sector development up to 2009 (made on the basis of the computing model) allows to estimate its financial deficiencies (proficiencies) from the point of view of self-financing of growing investments which increase is necessary for improving the international competitiveness of this sector (due to specific processes forecasted in the world economy).

Prospects for the Development of a Systemic Global Economic Crisis

2019 ◽  
Vol 7 (1) ◽  
pp. 4-7
Author(s):  
Елена Басовская ◽  
Elena Basovskaya ◽  
Леонид Басовский ◽  
Leonid Basovskiy
Keyword(s):  
Business Cycles ◽  
Economic Crisis ◽  
Global Economy ◽  
World Economy ◽  
Developed Countries ◽  
Modern World ◽  
Way Of Life ◽  
Half Wave ◽  
The World ◽  
Global Economic Crisis

The work is devoted to forecasting the prospects for the development of a systemic economic crisis of the world economy. Forecasting is carried out on the base of N. Kondratyev econometric models of cycles in the world economy and the economies of the largest countries of the modern world. The results obtained allow us to establish that the beginning of Kondratiev’s upward halfwaves relates to the years 1999–2001. The expected duration of the period of the modern Kondratyev cycle is 50–54 years. The results of the study of the dynamics of the world economy, the results of studies of the economic dynamics of developed countries shows that the start of the upward half-waves of the Kondratieff cycle is expected in 1999–2001 goals. It can be associated with the transition to dominance of the fifth technological order, the emergence of the sixth way of life and the beginning of the death of the fourth technological way. The completion of the downward wave of this Kondratiev cycle and the systemic global economic crisis associated with the transition to the dominance of the sixth technological order should expected in 2049–2055. Since the likelihood of economic crises with business cycles, financial and investment cycles begins to increase with the transition to the downward half-wave of the Kondratyev cycle, from 2024–2027 one can expect a deepening of periodic crisis phenomena in the global economy.

scholarly journals Strategic competitiveness of oil and gas industry

2020 ◽  
Vol 4 (78) ◽  
pp. 130-135
Author(s):  
A. TAZHIDENOVA ◽  
◽  
R. SABIROVA ◽  
ZH. BISEMBIYEVA ◽  
А. KARAMULDINA ◽  
...  
Keyword(s):  
Oil And Gas ◽  
Raw Materials ◽  
Oil And Gas Industry ◽  
World Market ◽  
Point Of View ◽  
Oil Refining ◽  
Gas Industry ◽  
Difficult Situation ◽  
Oil Companies ◽  
The World

The formation of vertically integrated companies, on the one hand, is an important stage in describing the scale of market changes, and secondly, the formation of significant structural issues of oil refining and oil transportation, as well as petrochemical enterprises. Such a complex technological decline can be explained by the lack of sufficient investment in the oil refining industry. Especially petrochemical enterprises are in a difficult situation, the lack of a stable link with raw materials suppliers, instability in the world market of petrochemical products, lack of investments hamper the development of enterprises in this field. The world market showed that in the field of oil refining and petrochemical companies their consolidation at the corporate level, as a result of which there are no prospects for the development of private oil companies, without which their competitiveness can not be increased. From this point of view, the topic of the article is relevant. Theoretical and practical bases of competitiveness of oil and gas enterprises and its management were considered. The study of the theoretical bases of competition, competitiveness and management of competitiveness, as well as factors influencing competitiveness, allowed to describe competitiveness in a comparative degree. You can note such factors that affect the competitiveness of the enterprise, as the competitiveness of products, the competitiveness of technology and the competitiveness of personnel.

scholarly journals Assessing the Impact of Innovation Activity on Mining Industry Results

2020 ◽  
Vol 174 ◽  
pp. 01052
Author(s):  
Oleg Kalenov ◽  
Sergey Kukushkin ◽  
Galina Bolkina
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Raw Materials ◽  
Mining Industry ◽  
Innovation Activity ◽  
The World ◽  
The Impact ◽  
Intensive Growth

The role of the mining industry in the world economy is enormous, since its branches are the most important source of industrial raw materials, without which the intensive growth of modern industry would be completely impossible. However, the technologies used in it are not always innovative. Despite the fact that the mining industry occupies a fairly small percentage in the structure of the world economy and does not exceed 10%, it is an important source of income for many states, including Russia. However, the changes that are now observed in the global economy require new approaches to organizing activities. Despite its profitability, this industry is quite difficult to manage. The way from the extraction of raw materials to their end user is very complicated and depends on many conditions. For the successful integration of the Russian mining industry into new economic realities, it is necessary to intensify innovative processes by investing financial resources in new equipment and high technology. At the same time, acceleration of the development of the mining industry can be achieved in the chain “mining industry - processing industry” through the introduction and use of nanotechnology, which can significantly improve the quality of raw materials.

scholarly journals Features of Ukraine’s Trade Cooperation in the Current Conditions of Globalization

2021 ◽  
Vol 4 (519) ◽  
pp. 42-47
Author(s):  
O. V. Ptashchenko ◽  
◽  
V. A. Vovk ◽  
Keyword(s):  
World Economy ◽  
Power Plants ◽  
Oil And Gas ◽  
Data Transfer ◽  
Modern World ◽  
High Tech ◽  
Transmission Cost ◽  
The World ◽  
Voice Data ◽  
The Impact

The article considers the main features of the high-tech sphere and the possibility of trade cooperation therein. Technological progress has completely changed the structure of the modern world economy. Thanks to the technologies, novel activities have been developed, many of which are efficient and highly profitable. A classic example of the impact of the introduction of high technologies in everyday life is the emergence and use of new information technology. Due to the widespread use of new communication technology, the transmission cost of voice, data, text, images, as well as international fees for the transmission of information have sharply decreased. Fast data transfer (e.g. e-mail, via the Internet) and teleconferences have provided economy with modern communication and the ability to do business around the world, allowing to significantly increase the speed of operations and thus receive increased profits. According to the Ministry of Economic Development, Trade and Agriculture of Ukraine, trade cooperation in the high-tech sphere can be divided into several directions: IT industry, defense industry, energy complex, aerospace industry. Thus, about 85% of energy and oil and gas equipment is exported during a year. The main export destinations are Russia, Kazakhstan, Turkmenistan, Uzbekistan, Azerbaijan and the UAE. Therefore, energy, oil and gas companies are less susceptible to the crisis in the economy over the past few years. This is due to the fact that the work of enterprises in these sectors is mainly based on long-term contracts, most of which serve projects for the construction of gas pipelines, oil pipelines and the reconstruction of power plants. Such projects continue to be financed by Central Asian countries. Despite some significant successes in such industries as aerospace, energy equipment production, heavy and transport engineering, and some others, the state of the industry in general does not meet the modern requirements of both the domestic and the world economy. First of all, Ukraine lacks a number of high-tech industries that determine export positions. The quality and technological solutions of electronic products, household appliances, agricultural and road-building machines, as well as a number of other goods are significantly inferior to foreign counter-parts. Technological exchange or trade cooperation in the high-tech sphere in a broad sense can be understood almost the entire range of international economic relations, including the purchase and sale of patents and licenses, trade in goods and services.

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