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National Interests: Priorities and Security
 

The security of economic development of the Russian Federation amid increasing geopolitical threats

Vol. 12, Iss. 5, MAY 2016

PDF  Article PDF Version

Received: 12 January 2016

Received in revised form: 31 January 2016

Accepted: 11 February 2016

Available online: 30 May 2016

Subject Heading: THREATS AND SECURITY

JEL Classification: E32, F02, F33, F52, O11

Pages: 178-191

Vyakina I.V. Tver State Technical University, Tver, Russian Federation
vyakina@yahoo.com

Importance As global and regional instability increments, countries are vying for resources and distribution markets, the global geopolitical situation escalates due to the deteriorating social and political environment. Political factors have a higher influence on economic processes, with economic methods being used to solve geopolitical and national challenges.
Objectives The research identifies positions and prospects of Russia's economic development as part of the evolving model of global economy to ensure the security of sustainable economic growth amid increasing geopolitical threats.
Methods I used methods of comparative, logic, economic and statistical analyses. The research is based on a critical overview of proceedings by national and foreign scholars, legislative regulations and statistical data of the International Monetary Fund, Federal Statistics Service and Federal Customs Service.
Results I examined the geopolitical situation so to understand the place and role of the Russian Federation within the global economic model. The article discloses the specific substance of economic security in the national security system, and analyzed spatial distribution of global economy, structure of global capital and Russia's position in the global economy. I substantiate my own concept for security of sustainable development of national economy amid increasing geopolitical threats.
Conclusions and Relevance Development security of the Russian Federation depends not only on objective and common economic factors and resources but also on environmental and social aspects. The extent to which the economy is protected from probable destabilizing factors stems from the existing political, legislative and social relationships, with geopolitical conditions remaining rather unpredictable and high risk of extensive financial and economic crises.

Keywords: economic growth, economic development, national security, economic security, geopolitical threats

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