Subject. This article discusses the issues of developing strategies to improve the competitiveness and stability of the Russian economy and adapting it to sanction pressure. Objectives. The article aims to identify the main macroeconomic factors affecting the prospects for Russia's development in the context of sanctions. Methods. For the study, I used a correlation and regression analysis. Results. The article finds that in terms of gross domestic product growth, Russia outstrips the United States and lags behind China, a volatile change in the ratio of imports to exports is recorded. The deepening of the deposit funnel of the maximum interest rate on deposits in Russian rubles and the raw material exports growth excess over high-tech imports are the particularities of the economic situation in Russia. Conclusions. The results of the study can be taken into account when assessing the risks of monetary regulation.
Keywords: shares, foreign bond loans, foreign trade in goods, deposit, non-resident investments
References:
Grebennikov P.I. [On the modernization of the macroeconomics]. Finansy i biznes = Finance and Business, 2020, vol. 16, iss. 2, pp. 7–33. URL: Link (In Russ.)
Akylbekov A.A., Seitkaziyeva A.M., Martins-Filho C. [Influence of macroeconomic indicators on real income levels as a component of quality of life]. Central Asian Economic Review, 2024, no. 3, pp. 68–85. (In Russ.) URL: Link
Dikareva I.A., Borisova D.A., Muravleva A.E. [The impact of macroeconomic factors on the financial market]. Aktual'nye voprosy sovremennoi ekonomiki, 2024, no. 5, pp. 544–547. URL: Link
Biswas R., Loungani P., Liang Z., Michaelides M. Linkages between Financial and Macroeconomic Indicators in Emerging Markets and Developing Economies. Global Finance Journal, 2024, vol. 62. URL: Link
Kumar D., Sengupta K., Bhattacharya M. Macroeconomic Influences on M&A Deal Outcomes: An Analysis of Domestic and Cross-border M&As in Developed and Emerging Economies. Journal of Business Research, 2023, vol. 161. URL: Link
Khalyapin A.A., Pererva A.V., Ryabinina V.V. [The influence of macroeconomic factors on the formation of an investment portfolio in conditions of economic instability]. Estestvenno-gumanitarnye issledovaniya = Natural-Humanitarian Studies, 2024, no. 2, pp. 364–371. URL: Link (In Russ.)
Rodivilov G.G., Korneva G.V. [The influence of macroeconomic factors on the choice of financing method for long-term investment projects]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2023, no. 3, pp. 64–67. (In Russ.)
Bekareva S.V., Fomina V.M. [Influence of macroeconomic factors on the large Russian companies’ stock return in crises]. Kazanskii ekonomicheskii vestnik = Kazan Economic Vestnik, 2022, no. 3, pp. 56‒62. URL: Link (In Russ.)
Omotosho B.S., Yang B. Oil Price Shocks and Macroeconomic Dynamics in Resource-Rich Emerging Economies Under Regime Shifts. Journal of International Money and Finance, 2024, vol. 144. URL: Link
Mensi W., Rehman M.U., Hammoudeh S. et al. How Macroeconomic Factors Drive the Linkages between Inflation and Oil Markets in Global Economies? A Multiscale Analysis. International Economics, 2023, vol. 173, pp. 212‒232. URL: Link
Alam A., Ma J., Hussain I. China’s Macroeconomic Performance Affects Trading Partners: How Can Their Policies Respond? Journal of Policy Modeling, 2024, vol. 46, iss. 2, pp. 448–474. URL: Link
Damirov V.A. [Impact of macroeconomic factors on Russian stock market]. Ekonomika i biznes: teoriya i praktika = Economy and Business: Theory and Practice, 2021, no. 2-1, pp. 61–65. (In Russ.) URL: Link
Ayinde T.O., Fatai B.O., Adeyemi F.A. Macroeconomic Determinants of Foreign Direct Investment in Emerging Economies in Turbulent Times – A Case of COVID’19 Pandemic. Transnational Corporations Review, 2024, vol. 16, iss. 4. URL: Link
Zhan J. Macroeconomic and Trade Policy Impacts Based on DSGE Model. International Review of Economics & Finance, 2024, vol. 95. URL: Link
Mohanty S., Sethi N., Dash D.P. What Determines Outward FDI in Developing Blocs? A New Empirical Comparative Macroeconomic Perspective of Post 1990s. Heliyon, 2024, vol. 10, iss. 23. URL: Link
Ameyaw E. The Macroeconomic Effects of Productivity Shocks: Predictions of Conventional Business Cycle Models are not Always Incompatible with SSA Economies. Research in Economics, 2024, vol. 78, iss. 4. URL: Link
Mitsek E.B., Mitsek S.A. [Analysis of dynamics factors of the basic macroeconomic variables of the Russian Federation]. Voprosy upravleniya = Management Issues, 2020, no. 1, pp. 47–62. URL: Link (In Russ.)
Prodolyatchenko P.A. [Human-centric deposit policy of banks]. Menedzhment i biznes-administrirovanie = Management and Business Administration, 2024, no. 1, pp. 135–148. (In Russ.) URL: Link
