+7 495 989 9610, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Economic Analysis: Theory and Practice
 

Analyzing the сommensurability of requirements and conditions for the Russian economy growth

Vol. 20, Iss. 5, MAY 2021

Received: 11 March 2021

Received in revised form: 28 March 2021

Accepted: 10 April 2021

Available online: 28 May 2021

Subject Heading: ECONOMIC ADVANCEMENT

JEL Classification: E60, E69, O10, O11, O12

Pages: 845–864

https://doi.org/10.24891/ea.20.5.845

Valerii V. SMIRNOV I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
v2v3s4@mail.ru

https://orcid.org/0000-0002-6198-3157

Subject. The article addresses the commensurability of requirements and conditions for the Russian economy growth.
Objectives. The focus is on identifying significant deviations in commensurability of requirements and conditions for the Russian economy growth.
Methods. The study draws on the systems approach, using methods of statistical, neural network, and cluster analysis.
Results. The study highlights the problem of commensurability of requirements and conditions for the growth of the Russian economy, which negatively affects its structural integrity. It reveals a limited effect of monetization of the Russian economy on growth rates due to cash moving from the real sector to savings in US dollars. Against this background, the volatility of the developing Russian market and exchange rate decrease even with rising oil prices, however, the risk associated with an increase in borrowings, tax boost, deviation from the budget rule, and strong devaluation of Ruble increases. The results of the analysis point to significant deviations, which do not allow to set goals properly.
Conclusions. The unveiled deviations in commensurability of requirements and conditions for the growth of the Russian economy are compensated by the creation of various working groups in the context of another virtual strategy of socio-economic development of Russia.

Keywords: economic growth, commensurability, requirement, condition

References:

  1. Bukhval'd E.M. [“Concept 2020” and the Lessons of the Crisis Development]. Federalizm = Federalism, 2020, no. 2, pp. 5‒19. (In Russ.) URL: Link
  2. Mikhnenko P.A. [From Strategy-2020 to National Projects: Transforming the Institutional Model of Socio Economic Development]. Problemy teorii i praktiki upravleniya = International Journal of Management Theory and Practice, 2020, no. 2, pp. 6‒23. (In Russ.)
  3. Shaibakova L.F., Vedernikova E.A. [Anticipated achievement of key strategic indicators reflecting various aspects of long-term socio-economic development in the Russian Federation for the period up to 2020]. E-FORUM, 2020, no. 2. (In Russ.) URL: Link
  4. Tatarnikov A.A., Shmanev S.V. [Movement without purpose: Preliminary results of the concept of long-term development of the Russian Federation (Strategy 2020)]. Vestnik OrelGIET = OrelSIET Bulletin, 2020, no. 1, pp. 102‒108. (In Russ.)
  5. Sebekin D.S. [Results of implementation of the concept of long-term socio-economic development of the Russian Federation until 2020]. Vestnik Altaiskoi akademii ekonomiki i prava = Bulletin of Altai Academy of Economics and Law, 2020, no. 5, part 2, pp. 328–334. URL: Link (In Russ.)
  6. Mau V. Lessons in stabilization and prospects for growth: Russia's economic policy in 2016. Russian Journal of Economics, 2017, vol. 3, iss. 2, pp. 109‒128. URL: Link
  7. Entele B.R. Impact of institutions and ICT services in avoiding resource curse: Lessons from the successful economies. Heliyon, 2021, vol. 7, iss. 2. URL: Link
  8. Tiwari A.K., Trabelsi N., Alqahtani F., Bachmeier L. Modelling systemic risk and dependence structure between the prices of crude oil and exchange rates in BRICS economies: Evidence using quantile coherency and NGCoVaR approaches. Energy Economics, 2019, vol. 81, pp. 1011‒1028. URL: Link
  9. Lymar' V.V. [Improving the methods for labor productivity calculation]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2020, vol. 19, iss. 5, pp. 920‒934. (In Russ.) URL: Link
  10. Putilov A.V., Bugaenko M.V., Timokhin D.V. Development of Russian labor market in the context of informatization and computerization of the economy. Procedia Computer Science, 2018, vol. 145, pp. 169‒176. URL: Link
  11. Rezny L., White J.B., Maresova P. The knowledge economy: Key to sustainable development? Structural Change and Economic Dynamics, 2019, vol. 51, pp. 291‒300. URL: Link
  12. Bahl M., Lahiri S., Mukherjee D. Managing internationalization and innovation tradeoffs in entrepreneurial firms: Evidence from transition economies. Journal of World Business, 2021, vol. 56, iss. 1. URL: Link
  13. Khan A., Muhammad F., Chenggang Y. et al. The impression of technological innovations and natural resources in energy-growth-environment nexus: A new look into BRICS economies. Science of The Total Environment, 2020, vol. 727. URL: Link
  14. Zhendong Yang, Qaiser Abbas et al. Short- and long-run influence of energy utilization and economic growth on carbon discharge in emerging SREB economies. Renewable Energy, 2021, vol. 165, part 1, pp. 43‒51. URL: Link
  15. Karatayev M., Hall S. Establishing and comparing energy security trends in resource-rich exporting nations (Russia and the Caspian Sea region). Resources Policy, 2020, vol. 68, no. 101746. URL: Link
  16. Akberdina V.V., Smirnova O.P., Averina L.M. [Sustainability and adaptability of spatial development of industrial complexes in networked economy environment]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2020, vol. 19, iss. 12, pp. 2186‒2209. (In Russ.) URL: Link
  17. Samusenko S.A., Popod'ko G.I., Zimnyakova T.S. [Imperfection of innovative systems in resource-rich regions]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2020, vol. 19, iss. 2, pp. 325–340. (In Russ.) URL: Link
  18. Brichuk O.B., Nevskaya A.D. [Digitalization of entrepreneurship as a driver of its growth]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2020, vol. 19, iss. 7, pp. 1218‒1230. (In Russ.) URL: Link
  19. Mal'tsev K.V., Ershov D.E. [The Free Money Index]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2020, vol. 19, iss. 8, pp. 1512‒1530. (In Russ.) URL: Link

View all articles of issue

 

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 20, Iss. 5
May 2021

Archive