Pub Date : 2022-06-26DOI: 10.22363/2313-2329-2022-30-2-139-154
V. Davtyan, S. Khachikyan
According to the UN Sustainable Development Agenda which replaced the Millennium Development Goals (MDGs) and includes components of social, economic, and environmental development, ensuring access to affordable, reliable, sustainable and modern energy sources is the seventh global goal in the system of seventeen interrelated goals developed by the UNGA in 2015. The goal implies operation and development of environmentally friendly national energy systems that will contribute to socio-economic development. To assess the dynamics and development trends of global energy systems, the methods of their quantitative assessment become particularly relevant. In this aspect, the most important tool for assessing the sustainability of global energy is the energy trilemma index developed by WEC and «Oliver Wyman Group» consulting company. The index is a comprehensive assessment of the economic, social, and environmental components of the UN sustainable development program. It allows countries to be quantified by their ability to ensure energy security, energy equity and the environmental sustainability of national energy systems, considering socio-economic and political changes. The paper presents the main methodology for calculating the energy trilemma index and its role in assessing sustainable and safe energy. In 2021, there were changes in the methodology of calculating the index, so it became possible only to compare the dynamics of changes of key components. Based on the indicators of 2021, the main trends in the global energy system are presented. The mechanism of the index components’ influence on the formation of a country’s rating is illustrated. A special attention is given to the analysis of the indicators of energy trilemma index for the Republic of Armenia in 2021, considering the main challenges of the Armenian energy sector and the consequences of the Forty-Four Day War in 2020. The dynamics of main components of energy trilemma index of Armenia is shown through the analysis of the conjuncture and the main development trends of the country’s energy system. The practical significance of the index for shaping the state policy for the energy sector development is emphasized as well.
{"title":"Energy trilemma as an assessment tool for national energy systems on the example of the Republic of Armenia","authors":"V. Davtyan, S. Khachikyan","doi":"10.22363/2313-2329-2022-30-2-139-154","DOIUrl":"https://doi.org/10.22363/2313-2329-2022-30-2-139-154","url":null,"abstract":"According to the UN Sustainable Development Agenda which replaced the Millennium Development Goals (MDGs) and includes components of social, economic, and environmental development, ensuring access to affordable, reliable, sustainable and modern energy sources is the seventh global goal in the system of seventeen interrelated goals developed by the UNGA in 2015. The goal implies operation and development of environmentally friendly national energy systems that will contribute to socio-economic development. To assess the dynamics and development trends of global energy systems, the methods of their quantitative assessment become particularly relevant. In this aspect, the most important tool for assessing the sustainability of global energy is the energy trilemma index developed by WEC and «Oliver Wyman Group» consulting company. The index is a comprehensive assessment of the economic, social, and environmental components of the UN sustainable development program. It allows countries to be quantified by their ability to ensure energy security, energy equity and the environmental sustainability of national energy systems, considering socio-economic and political changes. The paper presents the main methodology for calculating the energy trilemma index and its role in assessing sustainable and safe energy. In 2021, there were changes in the methodology of calculating the index, so it became possible only to compare the dynamics of changes of key components. Based on the indicators of 2021, the main trends in the global energy system are presented. The mechanism of the index components’ influence on the formation of a country’s rating is illustrated. A special attention is given to the analysis of the indicators of energy trilemma index for the Republic of Armenia in 2021, considering the main challenges of the Armenian energy sector and the consequences of the Forty-Four Day War in 2020. The dynamics of main components of energy trilemma index of Armenia is shown through the analysis of the conjuncture and the main development trends of the country’s energy system. The practical significance of the index for shaping the state policy for the energy sector development is emphasized as well.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45472114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-2-324-337
Elena S. Pinchuk, Пинчук Елена Сергеевна
The article reviews the trends in the media industry landscape formation based on content as a source of economic processes taking place in the industry. A wide range of expert opinions, reflecting the current changes was collected and analyzed. The life cycle of content is examined and the key trends in its production, packaging, distribution and consumption are highlighted. The attention is focused on the economic and technological factors that determine each of the trends, for instance, a change in the model of media consumption, the development and distribution of OTT platforms as a new way of delivering content, as well as a rapid transition to a new technological level. The latest statistical data from Russian and foreign sources support the reviewed trends. There is a separate description of the coronavirus pandemic impact consequences on the global media and the Russian industry in particular, and the key aspects of the development of the industry are identified in the current period on its basis.
{"title":"Global trends and growth dynamics in media industry","authors":"Elena S. Pinchuk, Пинчук Елена Сергеевна","doi":"10.22363/2313-2329-2021-29-2-324-337","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-2-324-337","url":null,"abstract":"The article reviews the trends in the media industry landscape formation based on content as a source of economic processes taking place in the industry. A wide range of expert opinions, reflecting the current changes was collected and analyzed. The life cycle of content is examined and the key trends in its production, packaging, distribution and consumption are highlighted. The attention is focused on the economic and technological factors that determine each of the trends, for instance, a change in the model of media consumption, the development and distribution of OTT platforms as a new way of delivering content, as well as a rapid transition to a new technological level. The latest statistical data from Russian and foreign sources support the reviewed trends. There is a separate description of the coronavirus pandemic impact consequences on the global media and the Russian industry in particular, and the key aspects of the development of the industry are identified in the current period on its basis.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":"29 1","pages":"324-337"},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48187175","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-3-537-553
Tatiana M. Vorotyntseva
Hazardous waste is a trigger of the environmental crisis, especially at the stage of increasing production and consumption of goods, leading to a significant increase in industrial waste and its movement across customs borders. The cross-border movement of hazardous waste is controlled by the state, customs authorities are entrusted with the tasks of protecting national security, human life and health, animal and plant life, the environment, including protection against the illegal import of hazardous waste. The transboundary movement of hazardous wastes is carried out within the framework of the permissive procedure. Such a unified licensing procedure has also been adopted in the EAEU with respect to the import into the customs territory, transit, export from the customs territory of dangerous wastes. This procedure assumes that the declarant submits to an official of the authorized body a license of the Ministry of Industry and Trade of the Russian Federation or a permit for the transboundary movement of hazardous waste of the Federal Service for Supervision of Environmental Management. However, despite the efforts of the international community in the fight against hazardous waste, the dynamics of illegal movement of certain types of waste continues to grow, which indicates the existence of a number of unresolved problems. In the course of the study, the conceptual and categorical apparatus in the field of hazardous waste is analyzed, the main provisions of the procedure for moving this category of goods across the customs border of the EAEU are considered. The basis for national legislation in terms of the conceptual apparatus and regulation of the transboundary movement of hazardous wastes through the customs territory of the EAEU is the norms of international law, while a comparative analysis confirms the ambiguity of their recognition and classification in the EAEU member states. The analysis of the dynamics of the movement of hazardous waste, including used pneumatic tires and tires, showed that every year the problems of environmental protection become more acute. As a result of the study, specific problems in the field of transboundary movement of hazardous wastes were identified and recommendations for their solution were given.
{"title":"Problems of customs control over the movement of hazardous waste across the customs border of the Eurasian Economic Union","authors":"Tatiana M. Vorotyntseva","doi":"10.22363/2313-2329-2021-29-3-537-553","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-3-537-553","url":null,"abstract":"Hazardous waste is a trigger of the environmental crisis, especially at the stage of increasing production and consumption of goods, leading to a significant increase in industrial waste and its movement across customs borders. The cross-border movement of hazardous waste is controlled by the state, customs authorities are entrusted with the tasks of protecting national security, human life and health, animal and plant life, the environment, including protection against the illegal import of hazardous waste. The transboundary movement of hazardous wastes is carried out within the framework of the permissive procedure. Such a unified licensing procedure has also been adopted in the EAEU with respect to the import into the customs territory, transit, export from the customs territory of dangerous wastes. This procedure assumes that the declarant submits to an official of the authorized body a license of the Ministry of Industry and Trade of the Russian Federation or a permit for the transboundary movement of hazardous waste of the Federal Service for Supervision of Environmental Management. However, despite the efforts of the international community in the fight against hazardous waste, the dynamics of illegal movement of certain types of waste continues to grow, which indicates the existence of a number of unresolved problems. In the course of the study, the conceptual and categorical apparatus in the field of hazardous waste is analyzed, the main provisions of the procedure for moving this category of goods across the customs border of the EAEU are considered. The basis for national legislation in terms of the conceptual apparatus and regulation of the transboundary movement of hazardous wastes through the customs territory of the EAEU is the norms of international law, while a comparative analysis confirms the ambiguity of their recognition and classification in the EAEU member states. The analysis of the dynamics of the movement of hazardous waste, including used pneumatic tires and tires, showed that every year the problems of environmental protection become more acute. As a result of the study, specific problems in the field of transboundary movement of hazardous wastes were identified and recommendations for their solution were given.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68279719","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-3-510-523
O. Yastrebov, A. Tinkova
The article answers the question: what are the distinctive features of the global legal services market in the context of globalization, as well as what place and role it occupies in international trade and trade policy? The study is divided into 3 parts. The first part structures the main theoretical aspects concerning the legal services world market: the concept and classification of legal services, forms and methods of international trade in legal services. The second part analyzes the market indicators of the global legal services market, characterizes the main problems and trends in its development. The place and role of Russia in the global legal services market are revealed. The third part deals with the foreign trade policy issues, mechanisms for protecting the internal market. Special attention is paid to the analysis of the Services Trade Restrictiveness Index for legal services. The mechanism of countries foreign trade policies influence on the British legal services sector is illustrated in the context of Brexit.
{"title":"Legal services global market: current state and development prospects","authors":"O. Yastrebov, A. Tinkova","doi":"10.22363/2313-2329-2021-29-3-510-523","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-3-510-523","url":null,"abstract":"The article answers the question: what are the distinctive features of the global legal services market in the context of globalization, as well as what place and role it occupies in international trade and trade policy? The study is divided into 3 parts. The first part structures the main theoretical aspects concerning the legal services world market: the concept and classification of legal services, forms and methods of international trade in legal services. The second part analyzes the market indicators of the global legal services market, characterizes the main problems and trends in its development. The place and role of Russia in the global legal services market are revealed. The third part deals with the foreign trade policy issues, mechanisms for protecting the internal market. Special attention is paid to the analysis of the Services Trade Restrictiveness Index for legal services. The mechanism of countries foreign trade policies influence on the British legal services sector is illustrated in the context of Brexit.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42839648","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-3-567-574
I. Andronova, M. Dembélé
The first ever integration bloc in Africa was formed back in the colonial era in 1910, when a number of British colonies were integrated. Modern integration processes in the African countries in the south of the Sahara began much later, from the early 1960s, when most of the former colonies gained independence, and it was during this period that the construction of a number of economic blocks began. The article reveals integration processes in West Africa and sub-Saharan African countries features. Integration as such is viewed as a complex procedure, with the success way which depends on many factors. On the experience of the Republic of Mali, the authors demonstrated how an irrational socio-economic policy can lead to deformation of integration processes, which inevitably threatens with deep financial and socio-political crises.
{"title":"Mali’s participation in the West Africa’s integration processes","authors":"I. Andronova, M. Dembélé","doi":"10.22363/2313-2329-2021-29-3-567-574","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-3-567-574","url":null,"abstract":"The first ever integration bloc in Africa was formed back in the colonial era in 1910, when a number of British colonies were integrated. Modern integration processes in the African countries in the south of the Sahara began much later, from the early 1960s, when most of the former colonies gained independence, and it was during this period that the construction of a number of economic blocks began. The article reveals integration processes in West Africa and sub-Saharan African countries features. Integration as such is viewed as a complex procedure, with the success way which depends on many factors. On the experience of the Republic of Mali, the authors demonstrated how an irrational socio-economic policy can lead to deformation of integration processes, which inevitably threatens with deep financial and socio-political crises.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42867771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-1-99-113
O. Digilina, D. Lebedeva
Intellectual resources, in the form of human (labor) and information resources are increasingly important in an economic environment wherein firms’ limited resource potential impedes innovation. Their assessment, analysis, accounting and distribution are necessary for the effective implementation of innovation activities. However, Russia’s regions differ in the number of staff engaged in research and development and firm innovativeness. Furthermore, geography can present barriers to innovation that undermine firm competitiveness, which ultimately aggravates the socio-economic development of Russia. This problem can be solved by transforming the methodological tools used in the regional development strategy. Whilst each region is distinctive, the authors propose a methodology for assessing the minimum acceptable levels of available intellectual resources necessary for the implementation of an innovative project. This methodology considers activity at different project stages and can be scaled to any economic level and innovative project. The proposed method evaluates the minimum optimal distribution of intellectual resources necessary for the successful implementation of innovative activities, which are considered necessary for transforming the Russian economy and building resource potential. This methodology also allows to assess the sufficiency of available intellectual resources, create a system of metrics for their accounting and replenishment, and utilize intellectual resources across multiple innovative projects simultaneously.
{"title":"Methodological tools for managing intellectual resources: overcoming limited resource potential","authors":"O. Digilina, D. Lebedeva","doi":"10.22363/2313-2329-2021-29-1-99-113","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-1-99-113","url":null,"abstract":"Intellectual resources, in the form of human (labor) and information resources are increasingly important in an economic environment wherein firms’ limited resource potential impedes innovation. Their assessment, analysis, accounting and distribution are necessary for the effective implementation of innovation activities. However, Russia’s regions differ in the number of staff engaged in research and development and firm innovativeness. Furthermore, geography can present barriers to innovation that undermine firm competitiveness, which ultimately aggravates the socio-economic development of Russia. This problem can be solved by transforming the methodological tools used in the regional development strategy. Whilst each region is distinctive, the authors propose a methodology for assessing the minimum acceptable levels of available intellectual resources necessary for the implementation of an innovative project. This methodology considers activity at different project stages and can be scaled to any economic level and innovative project. The proposed method evaluates the minimum optimal distribution of intellectual resources necessary for the successful implementation of innovative activities, which are considered necessary for transforming the Russian economy and building resource potential. This methodology also allows to assess the sufficiency of available intellectual resources, create a system of metrics for their accounting and replenishment, and utilize intellectual resources across multiple innovative projects simultaneously.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":"29 1","pages":"99-113"},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46058530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-3-524-536
Aref Bijan, Ehsan Ejazi
The economic crisis in the United States and its spread to continental Europe caused a financial crisis in European stock markets, which in turn reduced production in Europe, resulting in rising unemployment, that eventually led to protests against the current economic situation. These political unrests have prompted international and regional governments and financial institutions such as the International Monetary Fund, the World Bank and the European Central Bank to find a way to end this severe financial crisis. Greece, as one of the EU member states that has been affected by this global crisis, has made efforts to improve its economic situation. The main question of this study is to what extent the International Monetary Fund was able to help resolve the financial crisis in Greece? The hypothesis is that due to the conditionality of financial aid from the International Monetary Fund to Greece in crisis and Greeces lack of attention to the full implementation of austerity programs, such financial aid has not been able to save the Greece economy from financial crisis. One of the aims of this study is to what extent developing countries can rely on IMF recommendations to overcome the financial crisis. The aim of the research is to find out why International Monetary Fund could not adopt proper monetary and financial policy to settle the financial crisis in Greece. Moreover, the reasons behind failed attempts of Greeces policymakers to implement IMFs austerity measures in their country are sought.
{"title":"Investigating the role of the International Monetary Fund in the process of resolving financial crises: case study of Greece","authors":"Aref Bijan, Ehsan Ejazi","doi":"10.22363/2313-2329-2021-29-3-524-536","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-3-524-536","url":null,"abstract":"The economic crisis in the United States and its spread to continental Europe caused a financial crisis in European stock markets, which in turn reduced production in Europe, resulting in rising unemployment, that eventually led to protests against the current economic situation. These political unrests have prompted international and regional governments and financial institutions such as the International Monetary Fund, the World Bank and the European Central Bank to find a way to end this severe financial crisis. Greece, as one of the EU member states that has been affected by this global crisis, has made efforts to improve its economic situation. The main question of this study is to what extent the International Monetary Fund was able to help resolve the financial crisis in Greece? The hypothesis is that due to the conditionality of financial aid from the International Monetary Fund to Greece in crisis and Greeces lack of attention to the full implementation of austerity programs, such financial aid has not been able to save the Greece economy from financial crisis. One of the aims of this study is to what extent developing countries can rely on IMF recommendations to overcome the financial crisis. The aim of the research is to find out why International Monetary Fund could not adopt proper monetary and financial policy to settle the financial crisis in Greece. Moreover, the reasons behind failed attempts of Greeces policymakers to implement IMFs austerity measures in their country are sought.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47949627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-4-796-805
M. Michael, E. Glory, O. Sylvester, O. Daniel
The increasing investment of China in the Sub-Sahara Africa (SSA) has continued to add value to the continent of Africa. The Chinese investment has served as growth and developmental mechanism and finance sources for viable projects. The effect of China in Sub-Sahara Africa and Africa economies in generally on different dimensions, depending on the nature of the attractiveness of foreign direct investment (FDI) and factor of production of each country. The increased of China FDI inflows to SSA has generated much important gained to the continent of African economies. The authors analyze the FDI, determinants, merits and policy implications necessary to stimulate and accelerate more FDI from China and other countries of the world. In doing this, the SSA countries must have policy direction towards business friendly that would attract more investment and also protect foreign investors against expropriation.
{"title":"The Chinese foreign direct investment to Sub-Sahara Africa","authors":"M. Michael, E. Glory, O. Sylvester, O. Daniel","doi":"10.22363/2313-2329-2021-29-4-796-805","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-4-796-805","url":null,"abstract":"The increasing investment of China in the Sub-Sahara Africa (SSA) has continued to add value to the continent of Africa. The Chinese investment has served as growth and developmental mechanism and finance sources for viable projects. The effect of China in Sub-Sahara Africa and Africa economies in generally on different dimensions, depending on the nature of the attractiveness of foreign direct investment (FDI) and factor of production of each country. The increased of China FDI inflows to SSA has generated much important gained to the continent of African economies. The authors analyze the FDI, determinants, merits and policy implications necessary to stimulate and accelerate more FDI from China and other countries of the world. In doing this, the SSA countries must have policy direction towards business friendly that would attract more investment and also protect foreign investors against expropriation.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42072349","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-3-502-509
N. Gusakov, Y. Konovalova, Sayar Akhmad Reshad
Energy is an integral part of the economic security of any state, and it is more complex, the lower the degree of provision with its mineral resources and the higher the number of the population living in the country. Being the undisputed world leaders in terms of population (1.4 billion people and 1.3 billion people), China and India are concerned about ensuring the energy security of their national economies. According to the latest forecasts formed by the International Energy Agency, by 2040, these two countries will become world leaders in terms of imports of mineral products (in this case: crude oil and natural gas). China is the world leader in exporting goods; India is implementing an economic and industrial policy to turn the country into a world manufacturing hub. In this regard, providing countries with energy resources is one of the most critical tasks. At the same time, a significant problem is a dependence on regular supplies of raw materials and world prices for energy carriers. Respectively, countries should pursue a policy of diversification of suppliers of mineral products. The subject of this study is the Republic of India and its position in the world energy markets; issues of energy security and energy policy are also highlighted.
能源是任何国家经济安全的一个组成部分,它是更复杂的,提供程度越低的矿产资源和越多的人口居住在一个国家。作为无可争议的世界人口大国(14亿人口和13亿人口),中国和印度都很关心确保本国经济的能源安全。根据国际能源署(International Energy Agency)的最新预测,到2040年,这两个国家将成为全球矿产品进口(这里指的是原油和天然气)的领先者。中国在商品出口方面处于世界领先地位;印度正在实施一项经济和工业政策,以使该国成为世界制造业中心。在这方面,向各国提供能源资源是最关键的任务之一。与此同时,一个重要的问题是,能源运输依赖于原材料的正常供应和世界价格。各国应分别实行矿物产品供应者多样化的政策。本研究的主题是印度共和国及其在世界能源市场上的地位;能源安全和能源政策问题也得到强调。
{"title":"The Indian Republic in the global energy markets","authors":"N. Gusakov, Y. Konovalova, Sayar Akhmad Reshad","doi":"10.22363/2313-2329-2021-29-3-502-509","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-3-502-509","url":null,"abstract":"Energy is an integral part of the economic security of any state, and it is more complex, the lower the degree of provision with its mineral resources and the higher the number of the population living in the country. Being the undisputed world leaders in terms of population (1.4 billion people and 1.3 billion people), China and India are concerned about ensuring the energy security of their national economies. According to the latest forecasts formed by the International Energy Agency, by 2040, these two countries will become world leaders in terms of imports of mineral products (in this case: crude oil and natural gas). China is the world leader in exporting goods; India is implementing an economic and industrial policy to turn the country into a world manufacturing hub. In this regard, providing countries with energy resources is one of the most critical tasks. At the same time, a significant problem is a dependence on regular supplies of raw materials and world prices for energy carriers. Respectively, countries should pursue a policy of diversification of suppliers of mineral products. The subject of this study is the Republic of India and its position in the world energy markets; issues of energy security and energy policy are also highlighted.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44163228","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-15DOI: 10.22363/2313-2329-2021-29-3-479-489
Anna D. Gracheva, E. Miroshina
The changes in the amount of the external debt of Belarus depending on various factors are analyzed. The study found that the consequences of the epidemic COVID-19 had a significant impact on the increase in the amount of external debt. In addition, political protests against the government have a special weight in the reasons for the growth of Belarus external debt, since their consequences significantly reduced the level of confidence on the part of foreign investors, which led to a fall in the ruble. The role of foreign countries as the main creditors in the external debt of Belarus, as well as in the economy of Belarus as a whole is examined, and the importance of the Belarusian friendship with Russia is considered. In conclusion, an assessment of the structure of the Belarusian economy and methods of its regulation is carried out, and then possible ways of settling the Belarusian debt are presented.
{"title":"Belarus’ external debt in the context of the pandemic and ways to resolve it","authors":"Anna D. Gracheva, E. Miroshina","doi":"10.22363/2313-2329-2021-29-3-479-489","DOIUrl":"https://doi.org/10.22363/2313-2329-2021-29-3-479-489","url":null,"abstract":"The changes in the amount of the external debt of Belarus depending on various factors are analyzed. The study found that the consequences of the epidemic COVID-19 had a significant impact on the increase in the amount of external debt. In addition, political protests against the government have a special weight in the reasons for the growth of Belarus external debt, since their consequences significantly reduced the level of confidence on the part of foreign investors, which led to a fall in the ruble. The role of foreign countries as the main creditors in the external debt of Belarus, as well as in the economy of Belarus as a whole is examined, and the importance of the Belarusian friendship with Russia is considered. In conclusion, an assessment of the structure of the Belarusian economy and methods of its regulation is carried out, and then possible ways of settling the Belarusian debt are presented.","PeriodicalId":53005,"journal":{"name":"RUDN Journal of Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44949581","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}