Russia and the EU: Dynamics and Structure of Trade Relations

DOI: 10.33917/es-1.167.2020.36-41

The traditional and most developed form of international economic relations is foreign trade. This article analyzes the dynamics and structure of Russia’s foreign trade with the EU countries in the period from 2011 to 2018. It should be emphasized that external challenges not of an economic but of a political nature have led to the disruption of economic cooperation between the Russian Federation and the EU, including in the field of trade, which underlines the relevance of this study. The purpose of this study is to identify the impact of sanctions and counter-sanctions on the dynamics and structure of mutual trade between Russia and the EU

Foreign Trade and Investments as Political Development Factors (on the Example of the Western Balkans)

DOI: 10.33917/es-8.166.2019.66-75

The article presents analysis of the dynamics and structure of foreign economic relations of the Western Balkans countries, considers the specifics of foreign infrastructure investment projects, evaluates the importance of foreign economic relations for socio-political institutions. Scientific novelty of the study is determined by application of least squares methods and gravitational modelling. To identify factors determining the vector of economic cooperation, the authors have analyzed macroeconomic data, as well as the trade flows dynamics: gravitational model of foreign trade was taken as the basis. The authors assume that many problems of the modern socio-economic and political development of the region stem from its past, namely from reproduction of both individual elements and the system characteristics of historical models. In particular, the analysis confirmed historical dependence of the political and economic development of the Western Balkans on external players. Historical determinism of the foreign policy course (identified through institutional analysis) coexists with economic factors arising the incentives of neoclassical economic theory

Russia’s Foreign Economic Strategy in the Context of a Changing Model of International Economic Integration

#1. Minds Confusion
Russia’s Foreign Economic Strategy in the Context of a Changing Model of International Economic Integration

Existing model of international economic integration faces a number of limitations impeding further development of globalization. Using the example of the US metallurgical industry, the article shows that globalization can cause negative consequences for the developed countries economies, including the erosion of national security. The work notes the presence of a discrepancy between the target and ideological purposes of the “Foreign Economic Strategy of the Russian Federation” and the changed external conditions for the national economy development. Normalization of the imports presence in the domestic market is a necessary step towards diversifying the economy and increasing non-commodity exports. In the new model of international trade, which is formed on the basis of China’s foreign economic relations, Russia may occupy a niche of infrastructure solutions supplier in the field of energy, technologies of natural resources extraction, as well as military equipment and weapons to ensure the sovereignty of countries that extract and export natural resources.

The Russian Economy in 2017–2019 — Results and Trends: in Anticipation of Change

#3. For Nothing, or an Invisible Threat
The Russian Economy in 2017–2019 — Results and Trends: in Anticipation of Change

The article examines the macroeconomic results of 2017 and provides an analysis of problems related to overcoming risks and threats that hamper the acceleration of the development of various spheres of the economy. Comparisons are given of trends by the development of the Russian and world economies on the dynamics of gross domestic product (GDP) and other macroeconomic indicators. The forecasts of macroeconomic indicators for 2018–2019 are given.

Russian Economy in 2012-2014: Trends, Analysis, Forecast