Solidarism or Distributism? On Domestic Concept of the Solidary Economy

DOI: 10.33917/es-1.193.2024.76-81

Recently, the concept of society, which, according to the characteristics of its authors, is an alternative to both socialism and capitalism, has become quite actively discussed in Russia. Some of them do not consider it shameful to use the concept of “solidarism” to describe it, while others, on the contrary, actively distance themselves off it, preferring to call their doctrine a solidary society and economy.

No matter how surprising it may seem at first glance, the set of views expressed by modern domestic solidarists had foreign predecessors and modern supporters in the person of the so-called distributists.

References:

1. Koshkin V.I., Kretov S.I. Osnovy politicheskoy ekonomii solidarizma [Foundations of the Political Economy of Solidarism]. Moscow, LENAND 2017.

2. Belyaev S., Koshkin V. Mozhet li ekonomika byt’ solidarnoy? Chast’ 1 [Can the Economy be Solidary? Part 1]. Ekspert, 2020, no 14, pp. 66–71.

3. Belyaev S. Retsept ot bednosti: vvesti sobstvennost’ rossiyan na vse prirodnye resursy. Kak preodolet’ vopiyushchee neravenstvo [The Recipe for Poverty: Introduce Russian Ownership of all Natural Resources. How to Overcome Gross Inequality]. Moskovskiy komsomolets, 2021, 20 maya, available at: https://www.mk.ru/economics/2021/05/20/recept-ot-bednosti-vvesti-sobstvennost-rossiyan-na-vse-prirodnye-resursy.html

4. Koshkin V.I., Kretov S.I. Solidarnaya ekonomika: Put’ v budushchee [Solidarity Economy: The Way to the Future]. Moscow, LENAND, 2018.

5. Belyaev S., Koshkin V. Mozhet li ekonomika byt’ solidarnoy? Chast’ 2 [Can the Economy be Solidary? Part 2]. Ekspert, 2020, no 15–16, pp. 38–43.

6. Belloc H. Essays of a Catholic. N.Y. Books for Librarian Press, 1967.

7. Chesterton G.K. The Outline of Sanity. Leipzig, Bernard Tauchnitz, 1927.

8. Duboin J. La Grande Relève des Hommes par la Machine. Paris, Editions nouvelles,1932.

9. Bellami E. Cherez sto let: Sobr. soch.: V°2 t. [After a hundred years: Collected Works: In 2 vol.]. Vol. 1. Moscow, Knizhnyy mir, Knigovek, 2018.

10. Laudrain M. La vie Française du socialisme. Paris, La Maison du Livre Français, 1963.

2023: Strengthening the State Sovereignty and Sustainability of Russia’s Strategic Development in Conditions of Turbulence

DOI: 10.33917/es-1.193.2024.70-75

The article dwells on the changes in the Market Index of “Economic Strategies” (MIES) for eleven months of 2023.

Contribution of demand and supply indicators to MIES is assessed. Analysis of industrial production is carried out.

References:

1. Itogi goda s Vladimirom Putinym: pryamaya liniya s grazhdanami i bol’shaya press-konferentsiya s predstavitelyami SMI 14 dekabrya 2023 goda [Results of the Year with Vladimir Putin: Direct Line with Citizens and a Large Press Conference with Media Representatives on December 14, 2023]. Ofitsial’nyy sayt Prezidenta RF, available at: http://kremlin.ru/events/president/news/7299

2. Sotsial’no-ekonomicheskoe polozhenie Rossii v yanvare — noyabre 2023 goda: Doklad [Socio-economic Situation in Russia in January — November 2023: Report]. Federal’naya sluzhba gosudarstvennoy statistiki, available at: https://rosstat.gov.ru/storage/mediabank/osn-11-2023.pdf

3. Frenkel’ A.A., Tikhomirov B.I., Surkov A.A. Itogi strategicheskogo razvitiya Rossii v yanvare — aprele 2023 goda — luchshe pessimistichnykh prognozov [Outcomes of Russia’s Strategic Development in January-April 2023 are Better than Pessimistic Forecasts]. Ekonomicheskie strategii, 2023, no 4, pp. 86–91, DOI: 10.33917/es-4.190.2023.86-91

4. Obrashchenie Prezidenta RF V.V. Putina v svyazi s predsedatel’stvom RF v Ob”edinenii BRIKS [Address by the President of the Russian Federation V.V. Putin in Connection with the Russian Federation’s Chairmanship of the BRICS Association]. Ofitsial’nyy sayt Prezidenta RF, available at: http://kremlin.ru/events/president/news/73202

5. Kontseptsiya predsedatel’stva RF v Sodruzhestve Nezavisimykh Gosudarstv v 2024 godu [Concept of the Russian Federation’s Chairmanship of the Commonwealth of Independent States in 2024]. Ofitsial’nyy sayt Prezidenta RF, available at: http://kremlin.ru/events/president/news/73203

Technological Sovereignty: Measurement Method

DOI: 10.33917/es-1.193.2024.62-69

The paper deals with the problems of measuring the technological sovereignty of a country, region, the provision of which is set as a priority strategic task for the Russian economy. The purpose of the study is to identify the features of measuring technological sovereignty based on the available statistics on the technological development of the Russian economy and, on this basis, to propose an assessment method that involves expanding accounting capabilities. The theory of measurement and technological development is used as a methodology. Using this methodology, it is shown that the index and rating method for assessing the aggregated “technological sovereignty” does not allow obtaining its necessary measurement, especially since the indicator itself in an aggregated form is not of great value, since there is a dependence on technologies for specific types of activities and industries that localize technological specifics of development. A direct method for measuring technological sovereignty is proposed, for the implementation of which there is no statistics in practice, which actualizes changes in the system of statistical accounting of technological development. However, already at the theoretical level of analysis, it is possible to obtain that, from the point of view of a direct measurement method, in order for technological sovereignty to grow, an outstripping growth rate of domestic domestic technologies is necessary over the growth rate of their total number, taking into account imports. In addition, if we introduce the concept of obsolete and new technologies, then in order to increase technological sovereignty, measured by the direct method as the ratio of the number of imported technologies to the number of domestic technologies of this type of activity, the growth rate of new technologies within the country must outstrip the difference between the weighted growth rates of the number of imported and obsolete domestic technologies. This condition is derived analytically precisely, confirming the importance of measuring and accounting for various technologies for specific activities.

References:

1. Glaz’ev S.Yu. Nanotekhnologii kak klyuchevoy faktor novogo tekhnologicheskogo uklada v ekonomike [Nanotechnology as a Key Factor in the New Technological Order in the Economy]. Moscow, Trovant, 2009, 304 p.

2. Sukharev O.S. Ekonomika promyshlennosti, tekhnologiy i intellektual’nykh firm [Economics of Industry, Technology and Intellectual Firms]. Moscow, Lenand, 2022, 304 p.

3. Sukharev O.S. Tekhnologicheskiy suverenitet: resheniya na makroekonomicheskom i otraslevom urovne [Technological Sovereignty: Solutions at the Macroeconomic and Industry Level]. Mikroekonomika, 2023, no 2, pp. 19–33.

4. Chichkanov V.P., Sukharev O.S. Reytingi v upravlenii ekonomikoy: informativnost’ i tselesoobraznost’ [Ratings in Economic Management: Informativeness and Expediency]. Nauchnyy vestnik OPK Rossii, 2021, no 3, pp. 72–82.

Problem Areas

DOI: 10.33917/es-6.192.2023.90-95

The following areas of socio-economic life, where conditions for implementing strategic risks have developed, are considered: demography, scientific and engineering sphere, mechanical engineering. For solving the problems of the listed areas a coordinated concept is required. According to the authors, its central element should become construction of a large private business, especially in high-tech areas.

References:

1. Demograficheskoe budushchee Rossii [Demographic Future of Russia], available at: https://strana-oz.ru/2004/4/demograficheskoe-budushchee-rossii/

2. Rosstat predstavil utochnennyi demograficheskii prognoz do 2036 goda [Rosstat Presented an Updated Demographic Forecast until 2036]. Federal’naya sluzhba gosudarstvennoi statistiki, available at: https://rosstat.gov.ru/folder/313/document/72529

3. Uchenye opredelili “vilku” chislennosti naseleniya Rossii: Bol’shaya chast’ prognozov predusmatrivaet sokrashchenie chislennosti rossiyan [Scientists have Identified a “Fork” in the Population of Russia: Most Forecasts Envisage a Reduction in the Number of Russians]. RBK, 2022, 26 iyulya, available at:

https://www.rbc.ru/economics/26/07/2022/62de7e0f9a7947e84216786d

4. Mariya Makarova. Deindustrializatsiya, krizis, katastrofy: kak poyavlyayutsya goroda-prizraki [Deindustrialization, Crisis, Disasters: How Ghost Towns Appear]. RBK, 2021, 27 avgusta, available at: https://trends.rbc.ru/trends/social/61263ba09a79473e409999c3

5. Anastasiya Tselykh. Rossiyane rabotayut mnogo i plokho. Pochemu tak i chto s etim delat’ [Russians Work Hard and Poorly. Why is this and what to do about it]. Sekret firmy, 2021, 7 maya, available at: https://secretmag.ru/survival/rossiyane-rabotayut-mnogo-i-plokho-pochemu-tak-i-chto-s-etim-delat.htm/

6. Ekaterina Vinogradova. Eksperty ob”yasnili minimum bezrabotitsy v Rossii pri sokrashchenii ekonomiki. Sredi prichin — demograficheskie problemy I nepolnaya zanyatost’ [Experts Explained the Minimum Unemployment in Russia due to the Contraction of the Economy. Reasons Include Demographic Problems and Underemployment]. RBK, 2023, 3 marta, available at: https://www.rbc.ru/economics/03/03/2023/6400712f9a79474d18f79446

7. Anastasiya Kalinina. Srednyaya prodolzhitel’nost’ zhizni v Rossii v 2022–2023 godu [Average Life Expectancy in Russia in 2022–2023]. VisaSam.ru, 2023, 5 oktyabrya, available at: https://visasam.ru/russia/goroda/prodolzhitelnost-zhizni-v-rossii.html

8. Uroven’ zhizni rossiyan padaet uzhe bolee 10 let [The Standard of Living of Russians has been Falling for More than 10 Years]. Dzen.ru, 2022, 18 noyabrya, available at: https://dzen.ru/a/Y3cwaLfI3z1z_b65

9. Razrushenie nauki do “pobednogo kontsa” [Destruction of Science to the Bitter End]. RAN, 2007, 31 maya, available at: https://www.ras.ru/digest/showdnews.aspx?id=9fd43650-ca35-4305-a537-6418fdc62a05&print=1

10. Kul’kin A.M. Nauka v Rossii: protsess degradatsii ili perspektivy ee vozrozhdeniya? [Science in Russia: Process of Degradation or Prospects for Its Revival?]. CyberLeninka.ru, available at: https://cyberleninka.ru/article/n/nauka-v-rossii-protsess-degradatsii-ili-perspektivy-ee-vozrozhdeniya

Internal Economic Security as a Factor in Increasing the Competitiveness of the State in the International Arena

DOI: 10.33917/es-6.192.2023.84-89

Over the past few decades, the approach to assessing the competitiveness of the state has moved from a closer focus on strict economic indicators to the assessment of such parameters as the human-centeredness of the economy, improvement of the quality of life, emphasis on innovation and digital transformation. At the same time, it is not yet possible to assert the complete dominance of social parameters in the comprehensive image assessment of the state. Thus, according to the author of the study, the phenomenon of state competitiveness is inextricably linked to the desire of the world community for international economic security, which, in turn, is inseparable from the national economic security of individual actors. At the same time, the social orientation of the policy is not the last place in the assessment of national economic security, which is in line with the global trend to popularize non-economic image factors of competitiveness. Explores the conceptual framework, interrelation and interdependence of the concepts of state competitiveness and economic security, determining their essential indivisibility both in economic and political science boundaries.

References:

1. The Global Competitiveness Report 2011–2012. World Economic Forum. New York: Oxford University Press, 2002. С. 3, 4.

2. Gordienko D.V., Safonov M.S. Reintegratsiya ili dezintegratsiya. Kak zashchitit’ natsional’nye interesy? [Reintegration or Disintegration. How to Protect National Interests?]. Moscow, Nauchnaya biblioteka, 2018, 384 p.

3. Gromova N.V. Rol’ chelovecheskogo kapitala v obespechenii konkurentosposobnosti sovremennykh kompanii [The Role of Human Capital in Ensuring the Competitiveness of Modern Companies]. Sovremennaya konkurentsiya, 2014, no 6, p. 128.

4. Mariya Chunikhina. Doklad Mishustina Putinu o sostoyanii ekonomiki strany v 2023 godu. Glavnoe [Mishustin’s Report to Putin on the State of the Country’s Economy in 2023. Main]. AiF, 2023, 5 iyulya, available at: https://aif.ru/money/economy/doklad_mishutina_putinu_o_sostoyanii_ekonomiki_strany_v_2023_godu_glavnoe

5. Zakon RF ot 5 marta 1992 g. N 2446-I “O bezopasnosti” (s izm. i dop.) [Law of the Russian Federation of March 5, 1992 No. 2446-I “On Security” (as amended and supplemented)]. Garant, available at: https://base.garant.ru/3959688/

6. Ukaz Prezidenta RF ot 29 aprelya 1996 g. N 608 [Decree of the President of the Russian Federation dated April 29, 1996 No. 608]. Ofitsial’nyi sait Prezidenta RF, available at: http://www.kremlin.ru/acts/bank/9261

7. Ukaz Prezidenta RF ot 13 maya 2017 g. N 208 “O Strategii ekonomicheskoi bezopasnosti Rossiiskoi Federatsii na period do 2030 goda” [Decree of the President of the Russian Federation of May 13, 2017 No. 208 “On the Strategy for the Economic Security of the Russian Federation for the period until 2030”].

Ofitsialэnyi sait Prezidenta RF, available at: http://www.kremlin.ru/acts/bank/41921

8. Morgenthau H.J., Knopf A.A. Politics Among Nations. The Struggle for Power and Peace. Second Edition. N.Y., 1955.

National Financial-Economic Development. Analysis of the Russian Federation Strategic Documents

DOI: 10.33917/es-6.192.2023.78-83

The author substantiates the need to reform the strategic planning system at the current stage of Russia’s development, which will allow our country to take a leading position in the world. Documentation related to the sphere of strategic planning of the Russian Federation is analyzed, recommendations are given for introducing changes to Russian legislation on issues of national socio-economic development.

References:

1. Zasedanie Soveta bezopasnosti, v khode kotorogo obsuzhdalis’ mery po sovershenstvovaniyu sistemy strategicheskogo planirovaniya v Rossiyskoy Federatsii [Meeting of the Security Council, During which Measures to Improve the Strategic Planning System in the Russian Federation were Discussed, 09/27/2021]. Ofitsial’nyy sayt Prezidenta Rossiyskoy Federatsii, 2021, 27 sentyabrya, available at: http://www.kremlin.ru/events/president/transcripts/copy/66777

2. Baza rekomendatsiy Schetnoy palaty Rossiyskoy Federatsii [Database of Recommendations of the Accounts Chamber of the Russian Federation]. Ofitsial’nyy sayt Schetnoy palaty RF, available at: https://rec.ach.gov.ru

3. Ofitsial’nyy sayt Schetnoy palaty RF [Official website of the Accounts Chamber of the Russian Federation], available at: https://rec.ach.gov.ru/analitika?j&paramCard=1

4. Dokumenty strategicheskogo planirovaniya [Strategic Planning Documents]. Ofitsial’nyy sayt gosudarstvennoy avtomatizirovannoy informatsionnoy sistemy “Upravlenie”, available at: https://gasu.gov.ru/stratdocuments

5. Gaynulin D.G., Voronin V.V., Panchikhina O.V., Pal’chikov E.A., Tyupyshev D.A. Sistema strategicheskogo planirovaniya Rossiyskoy Federatsii: riski i perspektivy [Strategic Planning System of the Russian Federation: Risks and Prospects]. Innovatsii, 2018, no 4(234), pp. 29–35.

Inflation Factors in Modern Russia, the Specter of Recession and Stability Reserves

DOI: 10.33917/es-6.192.2023.70-77

The most important factor of inflation in the modern Russian economy is investment support for backward technologies.

The cheapness of labour and the low rate of accumulation cause a backwardness funnel into which the economy is gradually plunging. Meanwhile, interventions of the Bank of Russia weaken the national currency, provoke new waves of inflation and block economic growth. At the same time, the Russian economy has certain reserves of stability, based on the presence of a number of built-in stabilizers, identified through regression analysis. A set of measures aimed at overcoming the current unfavourable dynamics of the economic environment is proposed and justified.

References:

1. Zhizn’ vzaimy. Kak peregrelas’ rossiiskaya ekonomika i chem eto grozit [Life on Borrowed Time. How the Russian Economy Overheated and what it Threatens]. NUR.KZ, 2023, 8 avgusta, available at: https://dzen.ru/a/ZNHKoql33BP55hHi?encoded_pulse_user_info=PDubqO-mOXxJtkXI01sTPDSj4o_

Q7q8ajWIqVL5OKPXKtXjqwwubLYQ9uqJHRpSNnu6u6WiAaaTXMl_h8g6euw:1691563565003&from_site=mai

2. Nizhegorodtsev R.M., Gorid’ko N.P., Ivanov E.Yu., Trenev N.N., Skachkova M.A. Gorizonty ekonomicheskogo rosta: faktory, riski, instituty: Nauch. Monografiya [Horizons of Economic Growth: Factors, Risks, Institutions: Scientific monograph.]. Ed. R.M. Nizhegorodtseva. Moscow, NIPKTs “Voskhod-A”, 2022, 184 p.

3. Kochetov Aleksei. Zapadnye eksperty prishli k vyvodu, chto ekonomika Rossii dolzhna byt’ v 3–5 raz bol’she, chem ob etom zayavlyayut… [Western Experts Have Come to the Conclusion that the Russian Economy Should be 3–5 Times Larger than Stated…]. Dzen.ru, 2023, 27 maya, available at: https://dzen.ru/a/ZG4spOPg13Hyab99?from_site=mail

Organizing Strategic Management of Scientific and Technological Development

DOI: 10.33917/es-5.191.2023.72-77

In the context of growing technological gap between the Russian Federation and developed countries, restrictions on developing scientific research and innovation due to narrowing scientific cooperation opportunities, reduced access to world scientifictechnical achievements and scientific equipment, as well as low demand from public and business sectors of the economy for scientific, scientific-technical and innovative products, the role of strategic management in the sphere of scientific-technological development, aimed at increasing the role of science in reproductive processes, ensuring the optimal choice of priority areas in science, technology and engineering, concentration of existing scientific, technical and innovative potential for their implementation in a short term, is significantly increasing. The present article analyzes the current system of state strategic management of scientific-technological development, gives recommendations for its improvement with a focus on the final result of scientific, scientific-technical and innovative activities by ensuring the integrity and continuity of innovative processes.

References:

1. Nauka. Tekhnologii. Innovatsii: 2023: Kratkii statisticheskii sbornik [Science. Technologies. Innovations: 2023: Brief Statistical Compendium]. Moscow, NIU VShE, 2023, 102 p.

2. Mindeli L.E., Ostapyuk S.F., Fetisov V.P. Gosudarstvennoe upravlenie nauchno-tekhnicheskoi deyatel’nost’yu v Rossii: sostoyanie i perspektivy [State Management of Scientific and Technical Activities in Russia: Current State and Prospects]. Moscow, Institut problem razvitiya nauki RAN, 2018, 108 p.

3. Ostapyuk S.F., Fetisov V.P. O sovershenstvovanii modeli strategicheskogo upravleniya v sfere nauki i tekhnologii [On Improving the Strategic Management Model in the Field of Science and Technology]. Mikroekonomika, 2022, no 6, pp. 5–18.

4. Chereshnev V.A., Todosiichuk A.V. Nauka v Rossii: sostoyanie, problemy, perspektivy razvitiya [Science in Russia: State, Problems, Development Prospects]. Vestnik Rossiiskoi akademii nauk, 2022, vol. 92, no 3, pp. 201–212.

5. Todosiichuk A.V. Usloviya i faktory nauchno-tekhnologicheskogo i innovatsionnogo razvitiya ekonomiki [Conditions and Factors of Scientific, Technological and

Innovative Development of the Economy]. Vestnik Rossiiskoi akademii nauk, 2023, vol. 93, no 3, pp. 237–245.

6. Indikatory nauki: 2022: Statisticheskii sbornik [Science Indicators: 2022: Statistical Compendium]. Moscow, NIU VShE, 2022, 400 p.

7. Sotsial’no-ekonomicheskoe polozhenie Rossii. 2022 god [Socio-economic Situation in Russia. 2022]. Moscow, Federal’naya sluzhba gosudarstvennoi statistiki, 2022, no 12, 340 p.

8. Sotsial’no-ekonomicheskoe polozhenie Rossii. 2023 god [Socio-economic Situation in Russia. 2023]. Moscow, Federal’naya sluzhba gosudarstvennoi statistiki, 2023, no 5, 287 p.

9. Todosiichuk A.V. Upravlenie naukoi v nestatsionarnoi ekonomike [Management of Science in a Non-stationary Economy]. Naukovedcheskie issledovaniya, 2022, no 3, pp. 71–85.

Beyond Geopolitical Uncertainty. Issues of Strategic Planning and Structural Policy

DOI: 10.33917/es-5.191.2023.64-71

Current literature propagates the firmly established opinion that sanctions impact will cause a partial degradation of produced and human capital. These losses can be compensated through the structural policy measures and formation of growth drivers.

Since the literature doesn’t provide a single definition of a growth driver, the author puts forward his own version. To implement a successful structural policy, it is necessary to correct the existing mechanism of strategic management, mainly in the field of state programs and national projects management. The development areas of mechanical engineering, IT industry and tourism are considered as growth drivers, since the mentioned areas have the greatest multiplier effect. The author concludes that tourism is the most promising area.

References:

1. Gimpel’son V.E. Chelovecheskii kapital v epokhu sanktsii i kontrsanktsii: nekotorye posledstviya ego pereraspredeleniya [Hum an Capital in the Eraof Sanctions and Counter-sanctions: Some Consequences of its Redistribution]. Zhurnal Novoi ekonomicheskoi assotsiatsii, 2022, no 3(55), pp. 234–238.

2. Prokop’ev A.V. Dolgosrochnye tendentsii ekonomicheskogo rosta v Rossii [Long-term Trends in Economic Growth in Russia]. CYBERLENINKA, available at: https://cyberleninka.ru/article/n/dolgosrochnye-tendentsii-ekonomicheskogo-rosta-v-rossii

3. Uroven’ zhizni rossiyan padaet uzhe bolee 10 let [The Standard of Living of Russians has been Falling for More than 10 years]. Dzen, 2022, 18 noyabrya, available at: https://dzen.ru/a/Y3cwaLfI3z1z_b65

4. Glava AKRA otsenil sroki vozvrata ekonomiki k dopandemiinomu urovnyu [The Head of ACRA Assessed the Time Frame for the Economy to Return to Pre-pandemic Levels]. RBK, 2022, 16 dekabrya, available at: https://www.rbc.ru/economics/16/12/2022/639b3ac49a7947630774148c

5. Rinat Tairov. Bloomberg uznal o prognoze “glubokoi retsessii” v Rossii v zakrytom otchete dlya kabmina [Bloomberg Learned about the Forecast of a “Deep Recession” in Russia in a Closed Report for the Cabinet of Ministers]. Forbes, 2022, 5 sentyabrya, available at: https://www.forbes.ru/finansy/476263-

bloomberg-uznal-o-prognoze-glubokoj-recessii-v-rossii-v-zakrytom-otcete-dla-kabmina

6. Simachev Yu., Akindinova N., Yakovlev A., et al. Strukturnye izmeneniya v rossiiskoi ekonomike i strukturnaya politika: Analiticheskii doklad [Structural Changes in the Russian Economy and Structural Policy: Analytical Repor t]. Moscow, NIU VShE, 2018, p. 29.

7. Devid Dias. Osnovnye dvizhushchie sily ekonomicheskogo rosta [What are the Main Drivers of Economic Growth]. University of Sunderland, 2022, 2 noyabrya, available at: https://online.sunderland.ac.uk/the-main-drivers-of-economic-growth

8. Ivanova L.N., Terskaya G.A. Tochki rosta i draivery rosta: k voprosu o soderzhanii ponyatii [Growth Points and Growth Drivers: on the Issue of the Content of Concepts]. Zhurnal institutsional’nykh issledovanii, 2015, vol. 7, no 2, p. 124.

Russian Economy — from Defensive Strategy to Ambitious One

DOI: 10.33917/es-5.191.2023.54-63

The Russian economy turned out to be at the forefront of changes occurring in the global economy. Usual paradigms of economic analysis and forecasting are no longer suitable for describing this situation. Macroeconomic indicators in the context of massive redistribution of assets provide an increasingly distor ted picture of the current and strategic advantages of countries and corporations, their economic oppor tunities and risks. The institutional approach, in par ticular the theory of mergers and acquisitions, is becoming more adequate to the present moment. A description of the conflict between Western countries and Russia in its language allows us to see both the mechanisms of transition from its “friendly” absorption in the 1990s to a “hostile” acquisition (essentially, to a raider tak eover in recent years), and new opportunities opening up for Russian economy thanks to a failed at tempt to capture it. Right now, it is impor tant not only to build a policy in order to counter sanctions, but also to formulate new ambitious strategic priorities. This will allow us to tak e advantage of new opportunities in a proper way.

References:

1. Balatskii E.V. Rossiya v epitsentre geopoliticheskoi turbulentnosti: nakoplenie global’nykh protivorechii [Russia in the Epicenter of Geopolitical Turbulence: Accumulation of Global Contradictions]. Ekonomicheskie i sotsial’nye peremeny: fakty, tendentsii, prognoz, 2022, vol. 15, no 4, pp. 42–59, DOI: 10.15838/esc.2022.4.82.3.

2. Doklad Stiglitsa o reforme mezhdunarodnoi valyutno-finansovoi sistemy: uroki global’nogo krizisa [The Stiglitz report Reforming the International Monetary and Financial Systems in the wake of the Global Crisis]. Doklad Komissii finansovykh ekspertov OON. Moscow, Mezhdunarodnye otnosheniya, 2012, 324 p.

3. Glaz’ev S.Yu. Poslednyaya mirovaya voina. SShA nachinayut i proigryvayut [The Last World War. USA Starts and Loses]. Moscow, Knizhnyi mir, 2016.

(Kollektsiya Izborskogo kluba.)

4. Yakovets Yu.V. Global’nyi tsivilizatsionnyi krizis — 2020 — start novoi istoricheskoi epokhi: Nauch. doklad. Prilozhenie. Novaya periodizatsiya istorii i budushchego tsivilizatsii, kapitalizma i sotsializma [Global Civilizational Crisis — 2020 — Beginning of a New Historical Era: Scientific Report. Appendix. New Periodization of History and the Future of Civilizations, Capitalism and Socialism]. Moscow, MISK, 2020.

5. Kotlikoff L., Berns S. Pensionnaya sistema pered burei: To, chto nuzhno znat’ kazhdomu o finansovom budushchem svoei strany [The Pension System Before the Storm: What Everyone Needs to Know About Financial Future of the Own Country]. Moscow, Al’pina biznes buks, 2005, 348 p.

6. Shirov A.A., Porfir’ev B.N., Edinak E.A., et al. Potentsial’nye vozmozhnosti rosta rossiiskoi ekonomiki: analiz i prognoz: Nauch. Doklad [Potential for Growth of the Russian Economy: Analysis and Forecast. Scientific Repor t]. Moscow, Artik Print, 2022, 296 p. (Nauchnyi doklad INP RAN), DOI: 10.47711/sr2-2022.