+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»






National Interests: Priorities and Security

Areas for developing the relations between the countries of the European Union in conditions of growing economic inequality and transition to a New Industrial Strategy for Europe

Vol. 18, Iss. 2, FEBRUARY 2022

Received: 25 October 2021

Received in revised form: 6 December 2021

Accepted: 11 January 2022

Available online: 15 February 2022


JEL Classification: F01, F02, F15

Pages: 364–383


Tat'yana S. MALAKHOVA Kuban State University (KubSU), Krasnodar, Russian Federation


Subject. The article addresses prospects for economic interaction of the countries of the European Union (EU).
Objectives. The aim is to analyze individual economic indicators of the EU countries and explore the main directions of their relationship in the context of implementation of the New Industrial Strategy for Europe.
Methods. The study employs historical-logical and dialectical principles, and the method of scientific abstraction.
Results. I analyzed trends in gross domestic product, defined indices of the physical volume of GDP for 2016–2020. Using the economic and mathematical tools, I performed a forecast of these indicators, reviewed changes in exports of member countries of the European Union for 2016–2020.
Conclusions. In the context of implementation of the New Industrial Strategy for Europe, economic entities will focus on sustainable growth, job creation, and innovation.

Keywords: European Union, integration group, export, green economy, crisis


  1. Glaz'ev S.Yu. Ryvok v budushchee. Rossiya v novykh tekhnologicheskom i mirokhozyaistvennom ukladakh: monografiya [A leap into the future. Russia in the new technological and world economic modes: a monograph]. Moscow, Knizhnyi mir Publ., 2018, 768 p.
  2. Malakhova T.S., Dubinina M.A., Maksaev A.A., Fomin R.V. Foreign Trade and Marketing Processes in the Context of Sustainable Development. International Journal of Economics and Business Administration, 2019, vol. 7, sp. iss. 2, pp. 195–202. URL: Link
  3. Busygina I.M., Filippov M.G. [Changing incentives and strategies of national governments in multilevel governance across the European Union]. Polis. Politicheskie issledovaniya = Polis. Political Studies, 2020, no. 5, pp. 148–163. (In Russ.) URL: Link
  4. Kuznetsov A.V., Pishchik V.Ya. [The impact of financial globalization on the formation of the European economic and monetary union]. Mezhdunarodnaya zhizn' = International Affairs, 2021, no. 4, pp. 102–111. URL: Link (In Russ.)
  5. Crudu R. The Influence of Fiscal Policy on Income Inequality in European Union’s Member States. Business Systems & Economics, 2015, vol. 5, no. 1, pp. 46–60. URL: Link
  6. Lipps J., Schraff D. Regional Inequality and Institutional Trust in Europe. European Journal of Political Research, 2020, vol. 60, iss. 4, pp. 892–913. URL: Link
  7. Pogorletskii А.I., Keshner M.V. [Digitalization and taxation: Experience of the European Union member countries]. Finansy = Finance, 2020, no. 11, pp. 58–64. (In Russ.)
  8. Smirnykh L.I. [Digital literacy of the elderly population and digitalization of enterprises: Experience of European countries]. Voprosy Ekonomiki, 2020, no. 12, pp. 104–124. (In Russ.) URL: Link
  9. Braterskii M.V., Entina E.G., Entin M.L. [How to prepare for Eurasia for the European green deal]. Rossiya v global'noi politike = Russia in Global Affairs, 2021, vol. 19, no. 4, pp. 205–218. (In Russ.) URL: Link
  10. Duarte S., Miranda-Buetas S., Sarasa C. Household Consumption Patterns and Income Inequality in EU Countries: Scenario Analysis for a Fair Transition towards Low-Carbon Economies. Energy Economics, 2021, vol. 104. URL: Link
  11. Kvashnin Yu.D. [The coronavirus pandemic and the U-turn in European social policy]. Obshchestvennye nauki i sovremennost' = Social Sciences and Contemporary World, 2021, no. 1, pp. 94–104. (In Russ.) URL: Link
  12. Arbatova N.K. [Russia and the European Union: The postponed partnership]. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations, 2021, vol. 65, no. 5, pp. 14–27. (In Russ.) URL: Link
  13. Vasil'ev V.I. [Germany and the European Union after the Epoch of Chancellor Angela Merkel]. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations, 2021, vol. 65, no. 9, pp. 43–55. (In Russ.) URL: Link
  14. Bobrov A.N. [Visegrad group as a European pier of the Ukrainian hope]. Mezhdunarodnaya zhizn' = International Affairs, 2020, no. 11, pp. 26–35. URL: Link (In Russ.)
  15. Basov F.A. [Visegrad four and development of European integration]. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations, 2020, vol. 64, no. 12, pp. 87–95. (In Russ.) URL: Link
  16. Malakhova T.S. [Ensuring sustainable foreign economic relations of countries at the forefront and outskirts of the European Union]. Natsional'nye interesy: prioritety i bezopasnost' = National Interests: Priorities and Security, 2020, vol. 16, iss. 10, pp. 1980–1996. (In Russ.) URL: Link

View all articles of issue


ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

Journal current issue

Vol. 20, Iss. 2
February 2024