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National Interests: Priorities and Security
 

The anti-American potential of the Russian economy in the BRICS structure

Vol. 18, Iss. 9, SEPTEMBER 2022

Received: 5 May 2022

Received in revised form: 19 July 2022

Accepted: 6 August 2022

Available online: 15 September 2022

Subject Heading: THREATS AND SECURITY

JEL Classification: F02, F15, F29, F37, F40

Pages: 1720–1737

https://doi.org/10.24891/ni.18.9.1720

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 stability of the Russian economy in the face of sanctions.
Objectives. The purpose is to assess the prospects for Russia's reorientation to the markets of Africa, Asia, and Latin America.
Methods. The study draws on methods of statistical analysis.
Results. The paper establishes that in terms of the dynamics of the main financial and economic indicators, Russia is significantly inferior to Brazil, India, and China. The most important indicator for the Russian economy is the volume of imports of goods and services.
Conclusions. The findings can be used by public authorities as part of a policy aimed at reducing the dependence of the Russian economy on Western countries.

Keywords: BRICS, significant relationship, risk compensation, rate of gain

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