Foreign Economic Ties of Russia: from Trade to Production and Investment Model

2013 ◽  
pp. 43-53
Author(s):  
R. Zuikov
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Model Transformation ◽  
Investment Model ◽  
Development Model ◽  
High Tech ◽  
Economic Relations ◽  
The World ◽  
Economic Ties ◽  
Cooperation System

The problem of transition to innovation economic development type in Russia is regarded in the article as interdependent with the model of external economic relations (EER), in the context of positions held by Russia in the global economic cooperation system. The theoretical consideration of the innovation high-tech economy development problem in Russia, its full-fledged integration into global economy is suggested on the ground of the world-system and geo-economical approaches methodology conjunction. The author attempts to define possible ways of the EER model transformation which allow to overcome constraints and to use positive factors of the global economic system in order to form the innovation high-tech development model in Russia.

scholarly journals Features of innovative development in the world economy in the conditions of digitalization of the economy

2020 ◽  
Keyword(s):  
Economic Development ◽  
World Economy ◽  
Modern Society ◽  
Digital Economy ◽  
High Tech ◽  
Innovative Development ◽  
Economic Relations ◽  
The World ◽  
Analysis And Synthesis ◽  
Technological Base

The issue of the correlation of local and global is one of the main problem in comprehending the development prospects of modern society. The directions of development of the world economy are quite controversial and combine two components that reflect its glocalization, that is, the result of the transformation of economic relations of various types, levels and forms. The subject of this research is the evolution of the innovative development of entrepreneurship in the context of globalization and localization. The purpose of the article is to study and clarify the essential understanding of the concept of “glocalization” and the development of the theoretical foundations of the formation of a new scenario of economic development, taking into account the trends of the digital economy. Objective: to study the etymology of the concept of glocalization and to carry out a historical excursion into the process of its diffusion; to form an idea of the complementarity of the globalization of competition and the localization of sources of competitive advantage; identify the main criteria for the formation of an effective innovation environment; argumentation of the need to create a new scenario of economic development, taking into account the trends of glocalization in the digital economy. General scientific methods of analysis and synthesis are used. The following results were obtained: it was proved that the imposition of technological and integration processes taking place in modern society require clarification of the features of innovative development. Integration of the Ukrainian economy into the global economic space requires the creation of conditions for high-tech production and innovation. Conclusions: economic and political events of recent years have substantiated the increasing relevance of glocalization and fragmentation studies. It is necessary to create a new scenario of economic development, namely, an innovative type of development. Updating the technological base of production, digitalizing the economy and building up intellectual capital is the basis of the innovative development of the economy.

CONCEPTUAL PRINCIPLES OF ACHIEVING INTELLECTUAL LEADERSHIP

2021 ◽  
Vol 6 (2) ◽  
pp. 100-104
Author(s):  
Liudmyla Tsymbal
Keyword(s):  
Economic Development ◽  
Intellectual Capital ◽  
Global Economy ◽  
Physical Capital ◽  
Developed Countries ◽  
Educational Process ◽  
High Tech ◽  
The Impact ◽  
Intellectual Leadership

The article identifies the key conceptual foundations for the formation of intellectual leadership of economic entities, including countries as specific actors in the global economy. Thorough preconditions for increasing the level of economic development and the impact of education have been identified. It is determined that historical concepts and modern realities of economic activity only actualize the role of education and enlightenment in the economic development of the national economy and ensuring its competitiveness. The strategies of increasing the competitiveness of individual countries of the world are analyzed, their key priorities in the conditions of formation of the knowledge economy are determined. The evolution of views on the role of human and intellectual capital in increasing the welfare of countries, the impact on GDP and other macroeconomic indicators is described. The ratings of countries are analyzed, in particular by the level of investment in intellectual capital and the structure of their GDP, which confirms the dominance of science-intensive economic activities. In addition, it was determined that the leading countries are characterized by increasing the role of knowledge-intensive activities, increasing the share of intangible assets, redistribution of capital of leading international companies and increasing research spending, increasing investment in human and intellectual capital, increasing exports of high-tech products. Analytical assessment confirms the advanced development of science-intensive industries in countries with developed economies, which creates the need for training and retraining of specialists needed for such industries. In modern conditions, the educational process ceases to be predominantly the prerogative of young people, and becomes a lifelong process, which increases spending on education in developed countries, but without denying the significant asymmetries on this indicator. Research confirms the direct relationship between the quality of human and physical capital and economic development, which is typical of highly developed countries, one of the main reasons for the development lag of the poorest countries. In addition, the article substantiates the key factors of intellectual leadership and their impact on the development of economic development strategies.

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.

Hong Kong’s Economy Treading on Slippery Ground

2019 ◽  
Vol 11 (01) ◽  
pp. 67-79
Author(s):  
Yang ZHANG ◽  
Sarah Y TONG
Keyword(s):  
Global Economy ◽  
Domestic Demand ◽  
Infrastructure Projects ◽  
Robust Performance ◽  
Economic Relations ◽  
Steady Growth ◽  
External Demand ◽  
New Challenges ◽  
Economic Ties ◽  
New Infrastructure

Hong Kong’s economy is projected to have grown by 3.2% in 2018, a moderation from a buoyant 3.7% in 2017. This relatively robust performance was sustained by healthy domestic demand and a steady growth in external demand. Economic ties with the Mainland continued to strengthen, with completed and new infrastructure projects. For 2019, however, Hong Kong’s economy faces new challenges, related both to uncertainties in the global economy and possible deterioration in China-US economic relations.

US tensions prompt closer China-Russia cooperation

2019 ◽  
Keyword(s):  
Natural Gas ◽  
Consumer Goods ◽  
The Other ◽  
High Tech ◽  
Content Type ◽  
Economic Relations ◽  
Economic Interaction ◽  
Economic Ties ◽  
The Eu

Subject China-Russia cooperation. Significance Beijing and Moscow are compensating for deteriorating ties with Washington by building -- or at least declaring -- close political and economic relations with each other. Chinese exporters of production and consumer goods are replacing Western companies that are curtailing activities due to Western sanctions and Moscow’s countersanctions. However, neither Beijing nor Moscow sees the other as a true substitute for normal relations with Washington. Impacts China and Russia will more actively use the renminbi and ruble as settlement currencies. Russia will preserve its position as China’s key supplier of oil and will significantly expand deliveries of natural gas. Russia will press for closer ties in high-tech industries; China will be wary, fearing this might prompt new US sanctions. The epicentre of Russia’s foreign economic ties will shift further from the EU to China. Greater economic interaction with Russia will help China cement its relations with other former Soviet countries.

scholarly journals CULTURAL HISTORICAL MEMORIES AND OBJECTS AND THEIR NATURE ON THE ECONOMIC DEVELOPMENT OF RURAL TOURISM IN THE MUNICIPALITY OF BEROVO

2019 ◽  
Vol 26 (6) ◽  
pp. 1649-1652
Author(s):  
Vladimir Kitanov
Keyword(s):  
Twentieth Century ◽  
Economic Development ◽  
Global Economy ◽  
Rural Tourism ◽  
Small Country ◽  
Physical Strength ◽  
Peace Of Mind ◽  
The World ◽  
Local Initiatives ◽  
Historical Memories

Tourism is one of the largest and fastest growing economies in the world, which began to develop in the early twentieth century as an activity in which only a small group of property people can enjoy. Today, tourism is gradually becoming a mass phenomenon. Tourism, as a branch, occupies a significant place in the global economy, as its development improves not only the conditions for staying tourists but also the living conditions of the local population.We live in a small country, but it is abundant with too many natural beauties that enable the development of this branch. These beauties are not sufficiently used for tourism promotion of the country in the world (especially the eastern part of the country).Few people are familiar with the magnificent localities, beauties and potentials of the Malesh - Pijanec region, a region that has great potential and capacity for tourism development, local initiatives, events and events that can be recognized locally, nationally and internationally.In addition to the natural treasures of this region that will "restore" your physical strength, the Berovo municipality is the end of the largest number of churches and monasteries that will help you find peace of mind and tranquility.

scholarly journals THE ECONOMIC IMPACT ON GLOBAL TOURISM

10.26458/1728 ◽  
2017 ◽  
Vol 17 (2) ◽  
pp. 127-139
Author(s):  
Bogdan Sofronov
Keyword(s):  
Economic Development ◽  
Economic Impact ◽  
Economic Activity ◽  
Global Economy ◽  
Gdp Growth ◽  
Mutual Understanding ◽  
Tourism Sector ◽  
The World ◽  
Global Tourism

Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts.The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds.In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.

scholarly journals TRENDS IN THE ECONOMIC DEVELOPMENT OF THE PROCESSES OF CONSUMPTION OF PLATINUM GROUP METALS

2021 ◽  
pp. 101-106
Author(s):  
SERGEY ALEXSANDROVICH MYASOEDOV ◽  
Keyword(s):  
Economic Development ◽  
Industrial Policy ◽  
Russian Federation ◽  
State Policy ◽  
Platinum Group Metals ◽  
High Tech ◽  
National Interests ◽  
The World ◽  
The Russian Federation ◽  
Platinum Group

The paper substantiates and groups the main directions of consumption in the world of platinum group metals; identifies and summarizes the main instruments of state industrial policy in the field of subsoil use. In the course of the study, it was revealed that the Russian Federation does not fully use the tools to protect national interests in the system of extraction and processing of platinum group metals. The main guideline of state policy should be the creation of vertically integrated organizations in this area and the formation of high-tech facilities and industries that ensure the full consumption of extracted platinoids by the industry of the Russian Federation.

scholarly journals Selected aspects of GDP value and structure development in sub-Saharan Africa

2011 ◽  
Vol 59 (7) ◽  
pp. 347-362
Author(s):  
Luboš Smutka ◽  
Karel Tomšík
Keyword(s):  
Economic Development ◽  
Structural Characteristics ◽  
Sub Saharan Africa ◽  
Mutual Cooperation ◽  
Economic Relations ◽  
The World ◽  
Trading Partners ◽  
Limited Degree ◽  
Sub Saharan ◽  
High Dynamics

Africa belongs to the poorest regions of the world. This statement may be applied especially to its sub-Saharan part. The paper analyses some basic structural characteristics related to the economic development of sub-Saharan region. The article reveals existing differences between countries and regions of sub-Saharan Africa and analyses key problems which influence economic development of individual states. An emphasis is placed on analysing an unsuitable GDP structure and on external economic relations which affect this structure. Results of an investigation show that the GDP of sub-Saharan countries is to a large extend generated by the primary sector of their economies, which is dominant in the total GDP value and its position is continuously strengthening due to a high dynamics of its growth. Having regard to the external environment, there can be stated that the foreign trade has contributed to the GDP growth of the whole region only to a limited degree (this does not apply to all countries seen as individuals). The integration process in sub-Saharan Africa may be characterized as questionable. Many integration groupings are operating in the region, but their influence on economic growth is limited due a low potential for mutual cooperation based on specialisation and use of comparative advantages. The economies of sub-Saharan countries are very sensitive to changes in their external economic environment. In this regard, there is important to highlight the very strong sensitivity of the GDP in the sub-Saharan region in relation to the World GDP (mainly to European and US GDP because both regions belong to the most important trading partners of Africa as a whole).

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