Russian Economy against a Background of Global Crisis: Current Trends and Prospects of Development

2009 ◽  
pp. 71-92 ◽  
Author(s):  
N. Akindinova ◽  
V. Mironov ◽  
M. Petronevich ◽  
S. Pukhov ◽  
S. Smirnov
Keyword(s):  
Economic Development ◽  
Economic Situation ◽  
Economic Policies ◽  
Global Crisis ◽  
Russian Economy ◽  
Current Trends ◽  
The World ◽  
Current Economic Situation ◽  
The Government ◽  
Future Economic Development

Overall overview of current economic situation in Russia and in the world and possible scenarios of future economic development are presented in the paper. The analysis of GDP slowdown factors shows that the fall in excess inventories, accumulated in 2007—2008, accounts for more than 2/3 of GDP reduction in Russia. It is noted that instruments used by the government are weakening each other and do not allow to achieve internal and external equilibrium simultaneously in the future. Two possible anti-crisis economic policies (which are also behind the differences in two scenarios) are considered — countercyclical and anti inflation ones, their advantages and drawbacks are examined. The conclusion is made that countercyclical policy is now more favorable, which seems also to be a government choice. Nevertheless, anti-inflation policy directed to shrink monopolies power is necessary in both scenarios.

On the Place of Russian Economy in the World (Basing on the New Data on International GDP Comparisons)

2011 ◽  
pp. 43-55
Author(s):  
A. Aganbegyan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic Potential ◽  
Global Crisis ◽  
New Model ◽  
Russian Economy ◽  
The World ◽  
Socio Economic Development

The article considers comparisons of Russias GDP with other countries basing on the new data recently presented by OECD-Eurostat. The economic potential of Russia is analyzed in retrospect of 20 years with forecast for mid- and long-term. Special attention is paid to new conditions of economic growth that have formed after the global crisis. The necessity of transition of our country to a new model of socio-economic development in order to accelerate it is grounded.

New challenges to the economic security of Russia and the world and counteraction methods

2020 ◽  
Vol 16 (7) ◽  
pp. 1246-1263
Author(s):  
S.B. Zainullin ◽  
O.A. Zainullina
Keyword(s):  
Economic Development ◽  
Economic Crisis ◽  
Economic Security ◽  
Economic Policies ◽  
Economic Decline ◽  
Current Crisis ◽  
Initial Stage ◽  
The World ◽  
Analysis And Synthesis ◽  
Global Threat

Subject. The 2020 economic crisis has become a global threat to the economic security of States, corporations and households. The elimination of this threat to economic security is a key priority of the State. Objectives. The article is dedicated to factors of the current crisis, both individually and in aggregate, as well as forecasts of the economic development during the crisis. Methods. The study is based on the scientific knowledge as dialectic, a combination of historical and logical unity, structural analysis, traditional methods of economic analysis and synthesis. Results. We carried out the comparative analysis of crisis theories, forecasted the economic development of the IMF, the World Bank, the Audit Chamber, and considered analytical agencies in dynamics, taking into account adjustments when the crisis manifests itself. Counteraction methods are reviewed from theoretical and practical perspectives. The article also analyzed the international expertise in crisis management. Conclusions and Relevance. The economic crisis was found to be at its initial stage, with negative scenarios being more probable. Proposed and implemented, local measures can mitigate the economic decline, prevent massive bankruptcies and a social explosion. Meanwhile, measures to restructure the economic policy may contribute to overcoming the crisis. The findings can be used by federal government bodies to adjust economic policies, develop programs and strategies for the socio-economic development of regions, and economic security strategies for corporations.

Analysis of the russian market of mergers and acquisitions

2020 ◽  
pp. 58-63
Author(s):  
R. O. Voskanian
Keyword(s):  
Mergers And Acquisitions ◽  
Negative Impact ◽  
Global Market ◽  
Economic Situation ◽  
Russian Market ◽  
Russian Economy ◽  
Current Economic Situation ◽  
The Subject ◽  
Linear Decline

The subject of the research is the Russian market of mergers and acquisitions in the period from 2009 to 2019. The author has examined the economic essence of mergers and acquisitions, analysed the number of transactions of both types on the Russian market. The article analyses foreign participation in the Russian market of mergers and acquisitions reveals a tendency to its linear decline from 2011 to the present. Also were identified three sectors of the Russian economy leaders in the number of target companies (banks, agriculture, transport and infrastructure). A conclusion has been formulated on the negative impact of the current economic situation on the Russian and global market for mergers and acquisitions, suggesting a decrease in the number and amount of mergers and acquisitions in the coming years.

scholarly journals Convergence as a Structural Goal of Sustainable Economic Development: the Overview of Approaches

2021 ◽  
Vol 315 ◽  
pp. 04019
Author(s):  
Sergey Zhironkin ◽  
Olga Zhironkina ◽  
Michal Cehlar
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Natural Resources ◽  
Environmental Pollution ◽  
Green Economy ◽  
Economic Policies ◽  
Structural Shift ◽  
Russian Economy ◽  
Technological Transition ◽  
Structural Shifts

The processes of a green economy development, changes in approaches to the production and use of energy, the emergence of new sources of investment in the technological transition - all this is a consequence and, at the same time, the cause of structural shifts in the economies of advanced countries. In this light, the technological backwardness of the Russian economy, caused by a negative structural shift during the period of market reforms, impedes the transition to a green economy, rationalization of the use of natural resources and reduction of environmental pollution. Therefore, the development of theoretical provisions for the convergence of environmental and economic policies, the development of appropriate incentives for business are considered as an important step in the transition to sustainable development. For this purpose, the authors examine the original approaches to various paths of transition to sustainable development caused by structural shifts of a convergent nature in the economy.

scholarly journals The Influence of Interest Rate Liberalization on Commercial Banks and Its Countermeasures

2020 ◽  
Vol 9 (1) ◽  
pp. 34
Author(s):  
Mengting Jiang
Keyword(s):  
Economic Development ◽  
Interest Rate ◽  
Commercial Banks ◽  
Economic Situation ◽  
Financial Reform ◽  
Interest Rate Liberalization ◽  
Loan Spread ◽  
Current Economic Situation ◽  
The Impact

<p>The liberalization of interest rate is an important part of the financial reform in China under the current economic situation, and it is the inevitable result of the economic development of China to a certain extent. With the deepening of interest rate liberalization reform in China, commercial banks have been affected to a certain extent; the deposit and loan spread, which accounts for the main income of commercial banks, has been narrowed, and the profit space of commercial banks has been further reduced. Therefore, this paper discusses the impact of interest rate liberalization on commercial banks and the choices that commercial banks should make under this situation.</p>

scholarly journals Dynamic statistical assessment of the competitiveness of an energy generating company (as exemplified by Rosenergoatom Concern JSC)

2021 ◽  
Vol 7 (4) ◽  
pp. 327-332
Author(s):  
Tatiana A. Burtseva ◽  
Sergey S. Khvorostyannikov ◽  
Anastasia A. Kuznetsova
Keyword(s):  
Energy Efficiency ◽  
National Economy ◽  
Nuclear Energy ◽  
Nuclear Industry ◽  
Total Energy Consumption ◽  
Russian Economy ◽  
The World ◽  
Two Factors ◽  
The Government ◽  
High Level

The depletion of traditional organic energy sources and aggravated environmental problems are the reasons why the level of energy efficiency is an important factor in the competitiveness of the national economy. Russia ranks third in the world in terms of total energy consumption and its economy is distinguished by a high level of energy intensity (amount of energy per unit of GDP). In 2019, this figure was 9.62 tons of oil equivalent (toe) per 1 million rubles, which is 40% higher than the world average. The low energy efficiency of the Russian economy is a widely recognized problem. A special decree of the Government of Russia in 2018 sets the task of increasing the level of energy efficiency of the Russian economy by 23% by 2030. One of the ways to solve this problem is the development of nuclear energy, and increasing the competitiveness of nuclear energy is one of the key issues for the national economy. In this connection, solving the problem of assessing the competitiveness of the nuclear industry and its leading companies occupies a key place among the practical scientific problems, the solution of which is facilitated by the results presented by the authors in this article. Rosenergoatom Concern JSC is the leading energy generating company in the Russian nuclear industry. The results of the study of the competitiveness of Rosenergoatom Concern JSC were obtained on the basis of the authors’ methodology for assessing the competitiveness of an energy generating company. The novelty of the presented methodology lies in the developed normative and evaluative model and the coefficients of competitiveness of an energy generating company. The advantages of the authors’ model are that it allows (1) obtaining integral assessments of the competitiveness of a power generating company at short time intervals for a large number of indicators and (2) quantitatively measuring the effects of different factors on the competitiveness of a power generating company, provided that the grouping of indicators of competitiveness of a power generating company is justified by influencing factors. The two factors considered by the authors were: the general market factor and the industry factor. According to the results of the study, it was found that Rosenergoatom Concern JSC demonstrates positive increase of the competitiveness indicator mainly due to the industry factor. With this regard, it was concluded that, within the framework of state policy, it is advisable to strengthen support for the Russian nuclear industry by creating additional conditions and opportunities for its energy generating companies on the domestic energy market.

ANALYSIS AND PROSPECTS FOR IMPLEMENTATION OF THE INVESTMENT LIBERALIZATION REGIME IN THE WORLD ECONOMY

2021 ◽  
pp. 99-109
Author(s):  
Shokhrukh B. Akhmedov ◽  
◽  
Vladimir M. Kutovoi ◽  
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World Economy ◽  
Trade Openness ◽  
Economic Policies ◽  
Foreign Companies ◽  
The World ◽  
Local Sources ◽  
Political Conditions ◽  
The Impact

The article assesses a significance of the most important component of the agreement on accession to the WTO, namely the agreement on trade-related investment measures (TRIMs), in increasing the attractiveness of developing countries to investors from abroad. In addition, traditional determinants of FDI placement, such as the macroeconomic stability, trade openness, and economic development, are considered. The authors carry out an analysis in the field of regulation of TRIMs by the example of economic policies in developing countries. The study shows that the extent to which TRIMs contributed to achieving the goals varied significantly, reflecting the specific economic and political conditions of the country using them. In some cases, they played a role in encouraging foreign companies to make more use of local sources or increase their exports from the host country. In other cases, the impact seemingly was negligible.

scholarly journals Actual Problems of the Russian Economy

2019 ◽  
Vol 62 ◽  
pp. 02005
Author(s):  
V.V. Moiseev ◽  
S.I. Kramskoy ◽  
E.A. Karelina ◽  
M.Yu. Karelina
Keyword(s):  
Economic Development ◽  
Comparative Analysis ◽  
Russian Economy ◽  
Main Current ◽  
Head Of State ◽  
The World ◽  
Socio Economic Development ◽  
Near Future

The urgency of researching the problems of the Russian economy is beyond doubt. It is determined by the scale and complexity of the tasks set by President V. Putin in 7the May 2018 decree. The purpose of the study is to study the current problems of the Russian economy and, on this basis, offer recommendations for their elimination in order to achieve the indicators indicated by the head of state and above all enter the TOP-5 largest economies of the world. The main objectives of the study were: 1. To identify the main problems of the Russian economy. 2. To analyze the current shortcomings policy. 3. To show the conditions under which the economy can develop at a pace. When studying the main issues of the topic, the authors use the following methods: dialectic, system-functional, economic-statistical, and formal-logical methods; the method of comparative analysis was used by the authors for comparison with the economies of other countries, for example, with the economy of China. In this article, the authors attempted to analyze the main current problems of the Russian economy in order to show which “baggage” should be eliminated in the near future, which priority tasks should be solved in order to make a planned breakthrough in socio-economic development and get into the TOP-5 largest economies in the world.

Extraordinary politics in the Polish transition

1999 ◽  
Vol 32 (2) ◽  
pp. 195-210 ◽  
Author(s):  
Amanda Rose
Keyword(s):  
Economic Reform ◽  
Economic Situation ◽  
National Elections ◽  
The Public ◽  
Reform Program ◽  
Current Economic Situation ◽  
The Government ◽  
Polish Government ◽  
The Relationship ◽  
Regime Transitions

Among the arguments for rapid economic reform in transitions to the market in Central and Eastern Europe, scholars have argued that rapid reformers could better take advantage of the period of ‘extraordinary politics’ at the beginning of the transition. Regime transitions provide a unique opportunity for politicians to implement economic reform since the public is more likely to grant the government room to reform. If the public is more likely to give politicians this window of opportunity, politicians should implement far-reaching reforms during that period. I test two propositions in this paper: (1) politicians in office during a period of liberalization will get high positive ratings at the polls which will gradually deplete over time; and (2) at the beginning of the transition, views of the current economic situation will not predict views of politics. I find that approval of the Polish government was unusually high in the first one and one-half to two years of the Polish transition. In the same period, assessments of the current economic situation only weakly affected assessments of politics. After the period of extraordinary politics comes to an end, the relationship between political and economic assessments is much stronger. Thus, in a country with a harsh economic reform program and six contentious national elections within eight years, there is strong evidence that politicians benefited from a period of extraordinary politics at the beginning of the regime.

scholarly journals РОЗВИТОК ТУРИЗМУ ЯК ОДИН ІЗ ПЕРСПЕКТИВНИХ НАПРЯМІВ ПОДОЛАННЯ МАКРОЕКОНОМІЧНИХ ПРОБЛЕМ КРАЇНИ В УМОВАХ ТРАНСФОРМАЦІЇ СУСПІЛЬСТВА

2014 ◽  
pp. 140-143
Author(s):  
І. І. Шупик
Keyword(s):  
Economic Development ◽  
Quality Characteristics ◽  
Tourism Industry ◽  
Economic Situation ◽  
The Public ◽  
Wide Range ◽  
Socio Economic Development ◽  
The Government ◽  
The Impact

Обґрунтована важливість туристичної галузі якодного з перспективних напрямів вирішення широкогокола макроекономічних проблем у період трансфор-мації суспільства, що дозволить стабілізувати соці-ально-економічну ситуацію у країні й поліпшити які-сні характеристики життя населення. Визначеніпровідні напрями впливу туристичної діяльності нарозвиток країни та причини, що їх обумовлюють.Наголошується, що досягнення поставлених цілейбуде можливим лише за умови послідовних і відпові-дальних дій влади, її постійної взаємодії з громадські-стю, бізнесом. Proved the importance of the tourism industry as one of the promising directions of solving a wide range of macroeconomic problems in the period of transformation of society, which will allow stabilizujace socio - economic situation in the country and to improve the quality characteristics of living. Defined major directions of the impact of tourism activities on socio-economic development of the country and the reasons for their cause. Emphasized that the achievement of goals is possible only if a consistent and responsible actions of the government, its constant interaction with the public, business.

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