The economic policy of smaller countries if viewed through the development of the Russian Federation

2020 ◽  
Vol 16 (7) ◽  
pp. 1366-1383
Author(s):  
A.M. Chernysheva
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Federation ◽  
Systems Approach ◽  
Sustainable Growth ◽  
Current Phase ◽  
Russian Economy ◽  
Macroeconomic Indicators ◽  
The Russian Federation ◽  
The Common

Subject. The article determines what smaller countries pursue in their economic policy as the uncertainty of the world economy increases. Objectives. I study the economic development of the Russian Federation from perspectives of smaller countries and the efficiency of the common and diverse economic policy of smaller countries, which are closely related with the Russian economy, such as Belarus, Armenia, Georgia, Ukraine and Estonia. Methods. I evaluated how some macroeconomic indicators of countries under study changed over time. To verify the hypothesis, I analyzed documents in public domain, including statistical data on macroeconomic developments of countries, such as the Russian Federation, Belarus, Armenia, Georgia, Ukraine and Estonia. I also applied a systems approach, comparative and statistical methods of research on key macroeconomic indicators. Results. At the current phase of multipolarity and globalization, Russia’s economic development is proved to influence both smaller countries coming along with its development vector, and States that simply have common borders with Russia. Considering the single course of their development and their geopolitical position, smaller countries ensure their sustainable growth. Conclusions and Relevance. Those countries which have chosen the single course of the development and considered their geopolitical position have performed their economic policy in the most successful way.

Improving the medium-term forecasting methodology: a model of big challenges

2019 ◽  
pp. 62-68
Author(s):  
I.A. Kirichenko ◽  
R.R. Gumerov
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Medium Term ◽  
Russian Economy ◽  
Socio Economic Development ◽  
The Russian Federation

The article analyzes some new requirements to the methodology of medium-term forecasting of socio-economic development of the Russian Federation in the framework of the «big challenges» model. The main «big challenges» of the global and Russian economy are identified, the main requirements for the medium-term forecasting of socio-economic development of the Russian Federation in the transition to the model of «big challenges» are considered.

CURRENT ISSUES OF INTERBUDGETARY EQUALIZATION

2020 ◽  
Vol 1 (12) ◽  
pp. 74-78
Author(s):  
A. A. BISULTANOVA ◽  
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Federation ◽  
Current System ◽  
Federal Budget ◽  
Financial Resources ◽  
Socio Economic Development ◽  
Interregional Differentiation ◽  
The Russian Federation ◽  
The Stability

The author touched upon topical issues of inter-budget alignment, budget provision of regions with financial resources, focusing on factors that directly affect the stability of the budget system, as well as highlighting problems in the budget sphere that require urgent attention from the authorities. It is concluded that the level of interregional differentiation continues to increase, and the modern mechanism of budget equalization requires urgent amendments and adjustments. It is emphasized that the main goals of socio-economic development of the Russian Federation related to the transition to an innovative type of development, changes in the structure of the national economy, set out in strategic documents and messages of the President of the Russian Federation and declared since 2009, are not being implemented, and the effectiveness of state economic policy and Federal budget expenditures for its implementation remains low. This indicates the need to review the current system.

A Russian approach to ensuring economic growth

2021 ◽  
Vol 20 (7) ◽  
pp. 1234-1255
Author(s):  
Valerii V. SMIRNOV
Keyword(s):  
Economic Growth ◽  
Russian Federation ◽  
Systems Approach ◽  
Consumption Expenditures ◽  
Goods And Services ◽  
Russian Economy ◽  
Public Consumption ◽  
The Russian Federation ◽  
The Government ◽  
And Cluster Analysis

Subject. The article investigates a Russian approach to ensuring economic growth. Objectives. The aim is to identify the basis of the Russian approach to ensuring economic growth. Methods. The study rests on the systems approach, using the methods of statistical, neural network, and cluster analysis. Results. The paper defines the structural importance of exports of goods and services, and changes in inventories. It highlights significant links with public consumption expenditures. The Russian approach to ensuring economic growth comes down to devaluation of the national currencyб resulting from the loss of the real inflationary potential of economic growth to maintain the volume of exports of goods and services in the context of maintaining public consumption expenditures. The increase in M2 forces the Central Bank of the Russian Federation to increase its foreign exchange reserves. This has a restraining effect on the growth of Russian Ruble’s monetary exchange rate. This phenomenon causes a drop in the Russian federal loan bond (OFZ) index and a replacement of strategic priorities with tactical ones. Conclusions. The basis of the Russian approach to ensuring economic growth is a reflection of the limits of the Russian economy development and the effectiveness of the Government of the Russian Federation.

A New Model of Small Business Organization

2016 ◽  
Vol 5 (2) ◽  
pp. 17-21
Author(s):  
Жуков ◽  
R. Zhukov
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Small And Medium Enterprises ◽  
Business Organization ◽  
Government Action ◽  
Franchise System ◽  
Russian Economy ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Medium Enterprises

In terms of Government action aimed at ensuring sustainable socio-economic development of the Russian Federation in 2016 22 points are devoted to the situation of small and medium enterprises. However, funding is one-sided. In this connection, the necessity of creation of the state franchise system is justified. A sequence of implementation and the effects of state franchise system on the Russian economy is considered.

Forecasting the Transition of the Economy of the Russian Federation to the Dominance of the Fifth Techno-Economic Paradigm

2017 ◽  
Vol 5 (5) ◽  
pp. 4-8 ◽  
Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
Д. Ломовцев ◽  
D. Lomovcev ◽  
Елена Басовская ◽  
...  
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Econometric Models ◽  
Russian Regions ◽  
Economic Dynamics ◽  
Russian Economy ◽  
Economic Paradigm ◽  
The Russian Federation

The purpose of the work was to assess the timing of the transition of the Russian economy and the economy of individual Russian regions to the dominance of the fifth techno-economic paradigm. By constructing econometric models of economic dynamics, the timing of the beginning of the dominance of the fifth technoeconomic paradigm was estimated. The transition to the domination of the fifth techno-economic paradigm in the economy of the country can expected in 2040. The economy of individual regions has already made the transition to the dominance of the fifth techno-economic paradigm. In the economy of a large part of the regions, the transition to the dominance of the fifth techno-economic paradigm can expected in many years and decades. Estimates of the expected timeframe for the transition to the dominance of the fifth techno-economic paradigm obtained on basis of the assumption that the trends of economic development prevailing in 2001–2015 were preserved.

Economic boundaries of the Bank of Russia's operations

2021 ◽  
Vol 27 (5) ◽  
pp. 1093-1115
Author(s):  
Valerii V. SMIRNOV
Keyword(s):  
Russian Federation ◽  
Growth Rates ◽  
Systems Approach ◽  
Banking System ◽  
Weighted Average ◽  
Legal Form ◽  
Russian Economy ◽  
The Russian Federation ◽  
And Cluster Analysis ◽  
Existing Structure

Subject. The article focuses on operations of the Central Bank’s of the Russian Federation. Objectives. The study is to determine economic boundaries of operations of the Central Bank of the Russian Federation. Methods. The study is based on the systems approach and methods of statistical, neural network and cluster analysis. Results. Analyzing the tomorrow-today dynamics of difference of the weighted average exchange rate RUB/USD and EUB/EUR and supply of USD and EUR, I discovered the supply of USD steadily exceeded the supply of RUB/EUR starting from 2018. Analyzing trends in growth rates of international reserves and money base (in its narrow sense), I found a growth in monetary growth starting from 2015 and currency reserves, cash in circulation (out of the Bank of Russia), statutory reserves of credit institutions in the Bank of Russia starting from 2017. Analyzing the importance of growth rates of market indicators, I identified its effective configuration referring to the dynamics of SP500. However, I point out stocks of Rostelecom, gold and RUB/USD. The article demonstrates the important ties between RTS index and stocks of Gazprom and Rostelecom, USD index ? RUB/USD, gold, SP500. Considering the existing structure of the Russian economy, the upper and base boundaries of the Bank of Russia’s operations are Repo rate and RUB/USD respectively. Conclusions and Relevance. The above economic boundaries of the Bank of Russia’s operations allow financial institutions to pursue an increase in the sustainability of the banking system, preserve the ownership structure, legal form and corporate governance, and use derivatives in order to decrease borrowings costs. The study contributes to the knowledge and competence of governmental officials so as to make administrative decisions on sources of growth in the Russian economy and respective opportunities.

Socio-economic Development of Russia

2020 ◽  
Vol 10 (2) ◽  
pp. 616
Author(s):  
Lionella Nikolaevna NAZAROVA ◽  
Ilmir Vilovich NUSRATULLIN ◽  
Anastasiya Andreyevna AKSENOVA ◽  
Yuliya Yunusovna GAZIZYANOVA ◽  
Aleksey Ivanovich TIKHONOV
Keyword(s):  
Sustainable Development ◽  
Economic Policy ◽  
Economic Development ◽  
Russian Federation ◽  
Scientific Development ◽  
The Sustainable Development ◽  
Economic Methods ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Analysis System

The purpose of this study is to analyze the functioning of socio-economic development mechanism on the example of the Russian Federation, to provide conceptual justification of measures to improve the interactive response to the sustainable development of the territory using a cluster approach in the economic context. The study was implemented using a set of methods: including principles allowing for the use of general scientific and economic methods, which are a synthesis of abstract-theoretical analysis, system, factor, and structural-functional analysis, logical approach, statistical methods, simulation, situational and quantitative approaches. The author also applied private methodological tools of economic and mathematical modeling and others. The study substantiates measures to improve the regional mechanism of socio-economic development in a specific socio-economic space of the Russian Federation, which allows initiating the emergence of a significant multiplier effect in managing the economics of state development. Theoretical conclusions and suggestions can be used for further scientific development of the problem of regional socio-economic policy and allow an economic interpretation of the problems of sustainable socio-economic development of the territory. The results of the analysis and the identified trends presented in this study work are of independent value since they can serve as a basis for improving the efficiency of economists’ management decisions and developing the state socio-economic system when developing strategic guidelines for the socio-economic policy of sustainable development of the Russian Federation.  

Actual Directions of Researches of the Regions of Old Industrial Type in the Russian Federation

2016 ◽  
Vol 4 (6) ◽  
pp. 33-36
Author(s):  
Сорокина ◽  
Natalia Sorokina
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Cluster Policy ◽  
Electronic Library ◽  
Social And Economic Development ◽  
The Russian Federation ◽  
The Common ◽  
Industrial Regions ◽  
Use Of Internet ◽  
Old Industrial Regions

With use of Internet data basis of scientific electronic library eLIBRARY.RU the most actual areas of scientific and practical researches of old-industrial regions in the Russian Federation are defined: studying of foreign experience of state regulation of development of territories of old-industrial type; research of environmental problems of regions; research of problems of the cities located in old- industrial regions; research of specific problems of development of concrete old-industrial territories. It is proved that problems of social and economic development of territories are most actively investigated; the special attention is paid to justification of adequate approaches to their decision in modern conditions. The common and specific problems interfering sustainable social and economic development of old-industrial regions are revealed. It is shown that the main directions of the solution of the revealed problems are: realization of policy of reindustrialization, cluster policy, diversification of structure of economy, improvement of strategic planning. In the conclusion the perspective directions of scientific researches of old-industrial regions in the Russian Federation are defined.

Forecasting the Transition of the Economy of the Russian Federation to the Dominance of the Fifth Techno-Economic Paradigm

2018 ◽  
Vol 5 (6) ◽  
pp. 10-14
Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
Татьяна Аверина ◽  
Tatyana Averina ◽  
Елена Басовская ◽  
...  
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Econometric Models ◽  
Development Trends ◽  
Per Capita Gdp ◽  
Russian Economy ◽  
Economic Paradigm ◽  
The Russian Federation ◽  
Per Capita ◽  
Regions Of Russia

The purpose of the work was to assess the timing of the transition of the Russian economy and the economy of individual regions of Russia to the dominance of the fifth techno-economic paradigm. The contribution of the fifth technical and economic paradigm in the per capita GDP is given. Based on econometric models of economic dynamics, the time of the beginning of the domination of the fifth techno-economic paradigm in the economy of regions is estimated. The economy of individual regions has already passed to the domination of the fifth technoeconomic paradigm. In the economy of a large part of the regions, the transition to the dominance of the fifth techno-economic paradigm can expected many years and decades hence. Estimates of the expected timeframe for the transition to the dominance of the fifth techno-economic paradigm are received, based on the assumption of the preservation of economic development trends in 2001–2015.

scholarly journals THE STATUS OF RESEARCH FUNDING IN THE RUSSIAN FEDERATION AT THE MODERN STAGE

2019 ◽  
pp. 151-158
Author(s):  
M. D. Khabib ◽  
M. Yu. Teplyakova ◽  
E. V. Krasnov
Keyword(s):  
Economic Development ◽  
Research And Development ◽  
Russian Federation ◽  
Economic Activity ◽  
Research Funding ◽  
Research Areas ◽  
Development Costs ◽  
The Status ◽  
Macroeconomic Indicators ◽  
The Russian Federation

The topic of the article is the importance and features of science financing in the Russian Federation. The results of a comparison of macroeconomic indicators of science financing in different countries have been presented. The system of indicators used in the Russian statistical practice has been considered. The sources of funding for the sectors of science have been analyzed. Particular attention has been paid to the study of domestic research and development costs in the context of various groups: by ownership, by economic activity, by type of expenditure, by areas of science, technique and technology, by socio-economic goals, areas of economic development and research areas.

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