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National Interests: Priorities and Security
 

Russia in the economic context of China, the USA, Germany, and India

Vol. 18, Iss. 1, JANUARY 2022

Received: 18 October 2021

Received in revised form: 16 November 2021

Accepted: 25 November 2021

Available online: 17 January 2022

Subject Heading: INTERNATIONAL ECONOMIC RELATIONS

JEL Classification: F01, F02, F15, F47, F49

Pages: 150–176

https://doi.org/10.24891/ni.18.1.150

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

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

Subject. The article addresses the economic cooperation of Russia with major countries.
Objectives. The aim is to identify conditions for the growth and development of the Russian economy in relations with China, the USA, Germany, and India.
Methods. The study draws on the systems approach, using the method of statistical, neural network and cluster analysis.
Results. The main condition for the growth of the Russian economy is the excess of direct investments from the USA, India and Germany over investments from China. Russia is dependent on China's external balance of goods and services. The rate of growth of Russia’s military expenditures is commensurate with Germany and India.
Conclusions. The identified conditions for the growth of the Russian economy enable the country’s leadership to formulate reasonable foreign economic policies.

Keywords: military spending, investment, tax, savings, economic context, exports

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