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National Interests: Priorities and Security
 

Priorities of the current structure of the Russian macroeconomics

Vol. 16, Iss. 4, APRIL 2020

Received: 24 April 2019

Received in revised form: 16 May 2019

Accepted: 31 May 2019

Available online: 15 April 2020

Subject Heading: Priorities of Russia

JEL Classification: E10, E17, E20, E24, E29

Pages: 613–630

https://doi.org/10.24891/ni.16.4.613

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

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

Mulendeeva A.V. I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
alena-mulendeeva@yandex.ru

https://orcid.org/0000-0002-9852-9804

Subject. The study examines the structure of Russia's macroeconomics and analyzed its metrics.
Objectives. The study determines metrics of the current structure of Russia's macroeconomics and marks achievable ones.
Methods. The study is based on the systems approach and statistical, cluster, neural network and non-parametric analysis.
Results. We assessed whether it is necessary to determine priorities of Russia's macroeconomic structure as it is today when the global economy departs from the total globalization policy to U.S.-style segmented corporate governance. We found what factors inhibit a growth in unemployment, industrial production, services and agriculture. We figured out what is required for more intensified trade, trend in foreign direct investment, and distinctions of the Russian financial system. The article highlights a course towards the liberalization of the Russian marker, while the Corruption Perceptions Index continues to grow steadily.
Conclusions and Relevance. The priorities shape ambiguous pictures of the Russian economy in terms of curbing a growth in unemployment, low efficiency of industrial production, servicing sector, agriculture, and sustainable dependence of a growth in labor productivity and the GDP deflator, opportunistic growth in total reserves, liberalization of the Russian market and Corruption Perceptions Index. The findings could be used to formulate and adjust the Russian economic policy at the macroeconomic level.

Keywords: unemployment, macroeconomics, structure, economic growth

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