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GDP, R&D spending, military spending, oil production and Brent prices. Source: Russian State Statistics Service, World Bank, Euromonitor Passport, SIPRI Military Expenditure Database (2015), BP Statistical Review of World Energy (June 2015).
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The socio-economic history of Russia demonstrates that its ‘place’ in global economic relations has been subject to complex cyclical processes. The country entered the 20th century with a high growth rate and burgeoning industrialisation that included significant foreign capital. Historically exports primarily included raw materials such as grain a...
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... the raw materials sectors also suffered major losses that did not tie domestic production to imports in seed farming, advanced technologies and hydrocarbon extraction. Figure 3 shows how the economic dynamics of the last 30 years are tied to fluctuations in oil prices. The economic crisis of 2014-2016 once again reduces prospects for Russia's long-term growth and, in a sense, fixes its resultant 'place' in the world economy long into the future. ...
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Citations
The article discusses economic cooperation between Indonesia and Russia, as well as the possibility of Indonesia entering the Eurasian market. Indonesia is recognized as the largest economy of the Association of Southeast Asian Nations (ASEAN) and the leader of Southeast Asian countries with high rates of economic growth. The growth of the regional economy is expected to support global economic stability. Russia is an unconventional market for Indonesia's main goods in the Eurasian region, so Indonesian goods can be found quite rarely on Russian markets and in supermarkets. In this regard, it is important to understand which Indonesian export goods are of interest to Russians and how these goods can fall into Russia. To do this, it is necessary to study the business potential of partners with whom you can start working together. Since 2016, Indonesia has been emphasizing the importance of cooperation and trade and economic integration in the Asia-Pacific region, Eurasia and Southeast Asia. In the midst of a global pandemic, it is necessary to develop diplomacy and economic cooperation between Indonesia and Russia in order to prevent potential conflicts in the South China Sea involving the United States and China. At the same time, Indonesia should develop its economy and trade through bilateral and multilateral cooperation in international organizations. The study showed that economic cooperation between the two countries should contribute to strengthening trade relations, increasing investment and increasing the competitiveness of Indonesia's export products.
The global COVID-19 pandemic and an unexpected recession of dangerous proportions have provided strong reasons to look at the Sustainable Development Goals (SDGs) from three perspectives: The SDGs as a victim of the 2020 recession; the SDGs as an opportunity for better coordination on the way out of the recession; and the SDGs as an object of modernization for better adaptation to the realities "on the world stage". The BRICS countries are interested in developing and implementing the SDGs on a global scale as a way to catch up. The authors propose a "pandemic protocol", as well as a change in the methodology for including indicators in the SDGs: the introduction of new indicators that are important for sustainability and the incorporation of cross-cutting key indicators for the SDGs, both new and existing.
The global COVID-19 pandemic and an unexpected recession of a dangerous magnitude have provided strong reasons to look at the Sustainable Development Goals (SDGs) from three points of view: the SDGs as a victim of the recession; the SDGs as an opportunity for better coordination on the way out of recession; and the SDGs as an object of modernization for better adaptation to the realities on “the global ground”. The BRICS countries are, naturally, the primary group of interest for developing and implementing the SDGs on the global scale as a way of catching up.“Pandemic protocol” and additional indicators are proposed as an urgent update to several SDGs.
This article is an attempt to formulate a non-standard multifactor approach to the problem of consolidating Russia’s presence in the countries of the Middle East. It explores the possibility of creating in the Arab countries a system of educational courses related to innovation. These courses will make it possible for young people in the region to form an attitude towards our country as one of the leaders in the high-tech economy, to strengthen their loyalty to representatives of domestic business. In the future, the ecosystem of innovations can be formed as a result of educational efforts. That is going to allow Russian business circles to take part in the commercialization of new technologies created by innovators of the region. Russia’s innovative presence in the Middle East region can be embodied in the form of joint ventures, the outsourcing of a number of industries and the provision of technological services as well as joint applied scientific research. Such efforts will bring changes in the existing international division of labor by creating more favorable conditions for the development of the economy of the Russian Federation and its transition to the economy of innovation. Moreover, the article draws attention to the possibility of cooperation between Russia and Israel for the organization of a platform for effective interaction between representatives of innovative communities of Muslim countries of the Middle East and participants of the high technology market of the Jewish state. The article shows that the implementation of such a strategy will allow our country to become meaningful player in the process of economic and socio-political transformation of the region. The promotion of innovative business in the region should be part of a wider strategy for promoting a positive image of Russia, creating economic grounds for existing political and military-political ties with the countries of the Middle East.
