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Sustainable economic development as a driver of the economic security of the nation

Zaikova I.A. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation ( ZAI91@yandex.ru )

Journal: National Interests: Priorities and Security, #3, 2017

Importance Economic security of the nation becomes a national development priority under the existing economic and political circumstances. Sustainable economic development is a cornerstone for ensuring economic security. The article shows that external and internal factors and their effect revealed the vulnerability of Russia's economy, thus requiring safeguards for stable development of the country and, therefore, economic security.
Objectives The research defines sustainable economic development as substance of economic security of the nation on the basis of statistical data.
Methods The article reviews the position of Russia's economy in 2015, identifies the concept of sustainable economic development. As I find out, it is fundamental and critical to address those aspects and issues that would drive the economic development and strengthen the national economic security.
Results Using statistical data, I analyzed the economic position of Russia in 2015, present and substantiate areas for the national development as part of the economic security strategy.
Conclusions and Relevance I conclude that sustainable economic development will lay the basis for economic security of the nation. Sustainable economic development was proved to require some measures to increment production capacity of the nation through innovative development of manufacturing sector, increase investing activities and improve monetary policy.


Economic growth as a basis for economic development

Zaikova I.A. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation ( ZAI91@yandex.ru )

Journal: National Interests: Priorities and Security, #9, 2016

Subject The paper discusses the issues of qualitative component of economic growth, which is evinced mainly in the standard of living of the population.
Objectives The paper aims to identify the correlation of the concepts of economic growth and economic development, on the basis of statistical data.
Methods The paper analyzes the correlation of the concepts of economic growth and economic development.
Results On the basis of analysis of the economic growth data in leading countries and their position in the International Monetary Fund ranking, I found that economic development is the economic growth results transformation into factors to improve the public welfare and reduce socio-economic inequalities. Based on the data of differentiation of incomes of the population of the Russian Federation, I built the Lorenz curve and calculated the Gini coefficient. As well, I have estimated the R&D expenditures among the foreign countries and inside Russia.
Conclusions I conclude that economic growth and economic development are interrelated concepts, but they are not equivalent. Economic growth is the basis for economic development, and it is reflected in the high standard of living, if the growth trend is continuous. If the period of time is short, high economic growth does not indicate a high level of economic development. For the successful economic development of Russia, a series of State measures and actions, focused on the qualitative indicators of economic growth rather than on the quantitative ones, is absolutely urgent.


The impact of macroeconomic determinants on changes in the number of working hours in production and non-production spheres

Zolotov A.V. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation ( zoav6@iee.unn.ru )

Zaikova I.A. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation ( ZAI91@yandex.ru )

Journal: Economic Analysis: Theory and Practice, #2, 2018

Importance In the modern economy, there are changes in the duration of working time of the employed in both the production and non-production sphere. However, an indicative trend of recent decades is a redistribution of workers from the production to non-production sphere. This fact speaks for the effect of macroeconomic determinants of working hours.
Objectives The study aims to specify macroeconomic determinants of working hours of the employed.
Methods We performed a comparative analysis of the leading countries of the world, calculated the GDP level per one employee, dynamics of employment and working time fund from 1991 to 2015, as well as the dynamics of time worked per one employed. The paper presents scenarios of changes in working hours depending on the interaction of macroeconomic determinants.
Results On the basis of statistical data, we show changes in macroeconomic determinants from 1991 to 2015 and reveal trends contributing to changes in working time per one employed.
Conclusions We conclude that macroeconomic determinants affect the change in working time per one employee. This enables to explain the existing dynamics of working hours and provides tools to predict these changes.


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