+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ÈÄ «Ôèíàíñû è êðåäèò»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Finance and Credit
 

Trans-Pacific Partnership as a basis for a package of trade agreements of the United States to create a new contour of macroeconomic management

Vol. 22, Iss. 5, FEBRUARY 2016

PDF  Article PDF Version

Received: 23 October 2015

Accepted: 12 November 2015

Available online: 12 February 2016

Subject Heading: MONETARY ACCOMMODATION

JEL Classification: E44, F20, F21, F29, F37

Pages: 2-11

Loginov E.L. Market Economy Institute of RAS, Moscow, Russian Federation
evgenloginov@gmail.com

Loginova V.E. Market Economy Institute of RAS, Moscow, Russian Federation
instityteb@mail.ru

Subject The article discusses new aspects of world economy development that significantly change the conditions of economic advancement of Russia.
     Objectives The aim is to analyze the financial and economic policy of the United States implemented through the formation of the Trans-Pacific Partnership being an element of the package of U.S. trade agreements, and the creation of a new contour of macroeconomic management of the world economy.
     Methods We analyze the mechanism of extending the contour of operating the mass of commodities and the service package for temporary balancing the financial pyramid accumulated by the U.S. Federal Reserve System.
     Results The paper investigates the situation when the USA create a new extended contour of management that goes above the earlier displayed zone of American economic influence in the world economy to operate investments, goods and services in the form of a quasi-integrated package of trade and economic agreements, i.e. Trans-Pacific Partnership (TPP), Transatlantic Trade and Investment Partnership (TTIP) and Trade in Services Agreement (TISÀ).
     Conclusions and Relevance The analysis of economic characteristics of the current stage of global economy development indicates that the said package of trade and economic agreements (TPP, TTIP, TISA) creates a threat of displacing Russia and its EEU partners (including BRICS and SCO partners) from the existing field of sovereign foreign economic operations. The revealed new features of the U.S. macroeconomic strategy may be used for improving action strategies of the legislative and executive authority of Russia, and within economic unions where our country has membership.

Keywords: Trans-Pacific Partnership, global economy, United States, crisis, management

References:

  1. Ageev A.I., Delyagin M.G., Simonov K.V., Davidenko I.V. Finansovoe plecho mira [Financial leverage of the world]. Ekonomicheskie strategii = Economic Strategies, 2011, vol. 13, no. 10, pp. 6–15.
  2. Loginov E.L. [Demonstration of cycle-coherent dynamics in the Russian economy under global financial and economic crisis]. Modernizatsiya: problemy i sistemnye podkhody k ikh resheniyu v usloviyakh global'nogo krizisa. Materialy mezhdunarodnoi nauchno-prakticheskoi konferentsii [Proc. Int. Sci. Conf. Modernization: Problems and Systems Approaches to Their Solution under the Global Crisis]. Moscow, Institute for Economic Strategies Publ., 2012, pp. 61–62.
  3. Global'nyi reiting integral'noi moshchi 100 vedushchikh stran mira [Global rating of integral power of 100 leading countries of the world]. Moscow, MAIB, Institute for Economic Strategies Publ., 2008, 148 p.
  4. Kuroedov B.V., Sandarov O.V. Voennyi potentsial 100 vedushchikh stran mira [Military potential of 100 leading countries of the world]. Ekonomicheskie strategii = Economic Strategies, 2011, vol. 13, no. 1, pp. 18–25.
  5. Dobbs R., Woetzel J., Lund S., Mutafchieva M. Debt and (not much) Deleveraging. Available at: Link.
  6. Modernizatsiya i ekonomicheskaya bezopasnost' Rossii [Modernization and the economic security of Russia]. Moscow, St. Petersburg, Nestor-Istoriya Publ., 2010, 516 p.
  7. Tsvetkov V.A. Prichiny, razvitie i posledstviya ekonomicheskogo krizisa dlya Rossii [Causes, development and consequences of economic crisis for Russia]. Mezhdunarodnaya ekonomika = International Economics, 2010, no. 3, pp. 5–12.
  8. Matthews R., Bol'shakov Z., Ageev A. Megamarketing [Mega-marketing]. Ekonomicheskie strategii = Economic Strategies, 2002, vol. 4, no. 4, pp. 50–53.
  9. Prudius E.V. Illyuzii blagopoluchiya paradoksal'noi ekonomiki [Illusion of the paradoxical economy well-being]. EKO = ECO, 2007, no. 8, pp. 21–41.
  10. Derkach A.K. Mirokhozyaistvennaya adaptatsiya form i metodov privlecheniya dolgosrochnykh investitsionnykh sredstv dlya realizatsii investitsionnykh proektov [Adaptation of forms and methods of attracting long-term investment funds for investment project implementation to the global economy conditions]. Aktual'nye problemy gumanitarnykh i estestvennykh nauk = Topical Issues of Humanities and Sciences, 2013, no. 9, pp. 117–119.
  11. Anosov A.V. Sotsial'no-ekonomicheskaya politika natsional'nogo interesa v usloviyakh integratsii i global'noi nestabil'nosti. V kn.: Migratsionnye mosty v Evrazii. Sbornik materialov VI mezhdunarodnoi nauchno-prakticheskoi konferentsii [Socio-economic policy of national interest under integration and global instability. In: Migration bridges in Eurasia. Proceedings of the 6th International Scientific and Practical Conference]. Moscow, Ekon-inform Publ., 2014, pp. 161–166.
  12. Capaldo J. The Trans-Atlantic Trade and Investment Partnership: European Disintegration, Unemployment and Instability. Available at: Link.
  13. Loginov E.L. Tseli i organizatsionnaya model' manipulyativnogo obrusheniya tsen na neft' – 2014. Analiticheskii doklad [Goals and organizational model of manipulative oil price slump in 2014. An analytical report]. Moscow, MEI of RAS Publ., 2015, 102 p.
  14. Romanov V.V. Kontury novoi modeli mezhdunarodnykh valyutno-finansovykh otnoshenii s uchastiem finansovykh institutov BRIKS. V kn.: Mezhdunarodnaya ekonomicheskaya integratsiya s uchastiem Rossiiskoi Federatsii: opyt, problemy, perspektivy razvitiya. Materialy mezhdunarodnoi nauchno-prakticheskoi konferentsii [Contours of a new model of international monetary and financial relations involving BRICS financial institutions. In: International economic integration with the participation of the Russian Federation: experience, problems, prospects. Proceedings of the International Scientific and Practical Conference]. Moscow, MEI of RAS Publ., 2015, pp. 64–70.
  15. Medkov A.A. Novaya kontseptsiya uvelicheniya gruzovoi bazy transportnykh koridorov “Vostok –Zapad”: geopoliticheskie usloviya i ekonomicheskie predposylki. V kn.: Transgranichnye transportnye koridory “Vostok – Zapad”. Vyzovy dlya natsional'noi ekonomiki. Sbornik statei [A new concept of increasing freight transport corridors ‘East – West’: geopolitical conditions and economic prerequisites. In: Cross-border transportation corridors ‘East–West’. Challenges for the national economy. Collected works]. Moscow, RISS Publ., 2015, pp. 114–149.
  16. Zoidov K.Kh. Formirovanie novoi evolyutsionnoi modeli transportno-kommunikatsionnogo vzaimodeistviya Rossii i Kitaya [Building a new evolutionary model of transport and communication interaction between Russia and China]. Moscow, CEMI of RAS Publ., 2013, 231 p.
  17. Tsvetkov V.A., Loginov E.L. Sistemnaya finansovaya nestabil'nost' v ekonomike Kitaya: v kakom napravlenii dvizhetsya kitaiskii “lokomotiv” razvitiya mirovoi ekonomiki? [Systemic financial instability in the Chinese economy: where is the Chinese ‘locomotive’ of world economic development going to?]. Moscow, MEI of RAS Publ., 2015, 118 p.
  18. Tsvetkov V.A., Lin' E Tsin'. BRIK – chetyre giganta XXI veka: ot dogonyayushchego razvitiya k mirovomu liderstvu [BRIC – four giants of the 21st century: from catching-up development to world leadership]. Vestnik Universiteta (Gosudarstvennyi universitet upravleniya) = University Bulletin (State University of Management), 2010, no. 2, pp. 230–237.
  19. Shevchenko K.I. Puti formirovaniya integrirovannoi rynochnoi infrastruktury i regulirovaniya proizvodstva i tovarooborota v ramkakh EAES [Towards the formation of integrated market infrastructure and regulation of production and turnover within the Eurasian Economic Union]. Moscow, MEI of RAS Publ., 2015, 110 p.
  20. Ageev A.I. Dinamika i struktura global'nykh riskov [Dynamics and structure of global risks]. Strategiya grazhdanskoi zashchity: problemy i issledovaniya = Civil Protection Strategy: Issues and Research, 2013, vol. 3, no. 2, pp. 7–8.

View all articles of issue

 

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 4
April 2024

Archive