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National Interests: Priorities and Security
 

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

Vol. 14, Iss. 2, FEBRUARY 2018

PDF  Article PDF Version

Received: 1 November 2017

Received in revised form: 21 November 2017

Accepted: 28 December 2017

Available online: 15 February 2018

Subject Heading: THREATS AND SECURITY

JEL Classification: N45, O19

Pages: 377–392

https://doi.org/10.24891/ni.14.2.377

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

ORCID id: not available

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

ORCID id: not available

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.

Keywords: SCO, the strategy of the Economic Belt of the Silk Road, economic security

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