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Changes in the security level of China's economy in implementing the Silk Road Economic Belt strategy as part of the economic cooperation of the Shanghai Cooperation Organization member States

Gordienko D.V. Russian Presidential Academy of National Economy and Public Administration, Moscow, Russian Federation ( gordienko@ranepa.ru )

Prazdnov G.S. Russian Presidential Academy of National Economy and Public Administration, Moscow, Russian Federation ( prazdnov@ranepa.ru )

Journal: National Interests: Priorities and Security, #3, 2018

Importance The research reviews forecasts and possibilities of changes in the Chinese economy in implementing the Silk Road Economic Belt strategy.
Objectives We conduct a comparative analysis of the economic security of China and other SCO countries with respect to external and internal threats under the auspices of their economic cooperation.
Methods The article scrutinizes various indicators of China's economic security that reflect its economic cooperation. Using statistical and econometric methods, we evaluate the security of China's economy as part of its economic cooperation with the SCO countries, USA and EU.
Results We made a comparative assessment of changes in the economic security of China and other SCO counties as part of their economic cooperation. The proposed economic security assessment approaches allow to determine priorities in the economic policy of China, Russia and EEU, India, Pakistan, Turkey and other countries in Central and Eastern Asia.
Conclusions and Relevance The security level of China's economy in its cooperation with the SCO economies can be assessed as a product of multiplicands describing the mutual effect of those economies. The findings enable us to assume that the Silk Road Economic Belt initiative may increase the economic security of China and other SCO countries.


Ensuring the economic security of the People’s Republic of China in implementing the Silk Road Economic Belt strategy

Gordienko D.V. Russian Academy of National Economy and Public Service under the President of the Russian Federation, Moscow Russian Federation ( gordienko@ranepa.ru )

Prazdnov G.S. Russian Academy of National Economy and Public Service under the President of the Russian Federation, Moscow Russian Federation ( prazdnov@ranepa.ru )

Journal: National Interests: Priorities and Security, #2, 2018

Subject. Ensuring economic security of the state in the implementation of global integration projects can be implemented in various forms. The article examines the approach to assessing the level of protection of the Chinese economy in the implementation of the strategy for the construction of the Economic Silk Road Belt (ESRP). We consider the change in the level of protection of the PRC economy in the period of the global financial and economic crisis of 2007-2009. and post-crisis period. The conclusion is drawn that the ESPN strategy is a reflection of the process of regionalization in Eurasia.
Goals. Conduct a comparative assessment of the level of economic security of China and the member countries of the Shanghai Cooperation Organization (SCO), implemented in the framework of the crisis and post-crisis measures of governments and central banks of these countries.
Methodology. In this paper, the approach to assessing the level of protection of the state economy within the framework of various forms of ensuring economic security in the context of globalization is substantiated.
Results. An approach to a comparative assessment of changes in the level of protection of the economy of China and the member countries of the SCO implemented within the framework of the crisis and post-crisis measures of governments and central banks of these countries is proposed.
Conclusions. The level of protection of the PRC economy from external and internal threats can be presented in the form of a product of factors characterizing the degree of protection of the national economy of this country under the economic patronage of the government and the People's Bank of China. It is concluded that the implementation of the strategy of the Economic belt of the Silk Road can change the level of economic security of the SCO member countries.


Change in the national economic security of the People's Republic of China during the implementation of the Silk Road Economic Belt strategy as part of the economic confrontation with the Member States of the Shanghai Cooperation Organization

Gordienko D.V. Russian Presidential Academy of National Economy and Public Administration, Moscow, Russian Federation ( gordienko@ranepa.ru )

Prazdnov G.S. Russian Presidential Academy of National Economy and Public Administration, Moscow Russian Federation ( prazdnov@ranepa.ru )

Journal: National Interests: Priorities and Security, #5, 2018

Importance The article discusses prospects of the Silk Road Economic Belt strategy and inherent decline in China's economic counteraction with other SCO member States.
Objectives The article presents a comparative evaluation of the national economic security of China and other SCO countries from external and internal threats arising from their economic counteraction.
Methods Based on econometric and statistical methods, we evaluate how the national economic security of China changes due to external and internal threats as part of the economic confrontation among the SCO countries.
Results We adapted the approach to comparing the national economic security of China and the SCO countries to the Silk Road Economic Belt as part of their economic counteraction. The proposed approach helps set up priorities of the economic development policies of China, Russia, India, Iran, Pakistan, Kazakhstan, Uzbekistan and other countries as part of global integration projects under the current circumstances.
Conclusions and Relevance The national economic security of China can be expressed as a product of multiplicands describing the extent to which the economy is shielded from external and internal threats as part of economic counteraction and other forms of protecting the national economy. According the findings and assessments and recent global developments, we assume that the Silk Road Economic Belt strategy will reinforce the national economic security of China and most of the SCO countries.


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