National Interests: Priorities and Security

Economic security in Russia: The current situation, threats, and future development

Vol. 14, Iss. 5, MAY 2018

Received: 31 January 2018

Received in revised form: 24 February 2018

Accepted: 19 March 2018

Available online: 15 May 2018


JEL Classification: F52, G00, I31, О11

Pages: 927–940

Pisarenko A.O. Kuban State University, Krasnodar, Russian Federation

ORCID id: not available

Importance Currently, many countries face the economic crisis. Economic instability directly undermines the economic security and public protection. The research substantiates the importance of ensuring the economic security in the Russian Federation.
Objectives I evaluate the economic security level in the Russian Federation, future trends and possible advancement in this area.
Methods The research involves methods of analytical, dynamic interpretation of scientific and statistical information.
Results I review various approaches to construing the concept of economic security and propose my classification of economic security indicators and model for managerial decision-making so as to ensure the economic security. The article analyzes the current situation in the Russian economy and determines the economic security level in Russia. I also indicate what should be done to ensure and increase the national economic security of Russia.
Conclusions and Relevance The article spotlights various aspects of economic security and notes that there are certain indicators of the national economic security, which are classified by different criteria and intended to assess the economic security level. Russia’s economic security is shown to be not as high as it should be. Russia is exposed to many threats affecting its economy. I conclude that Russia should find its economic and political strategy pursuing the robust economic system and its resilience to the existing economic security threats.

Keywords: economic security, threat, economic security, indicator, development


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