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Ways to improve economic stability of the Russian Federation


Galkova A.A., Vorobeva N.V.
(about the authors)

Galkova Alina Alekseevna – (Stavropol State Agrarian University)

Vorobeva Natalya Valerevna – (Stavropol State Agrarian University)

Published in:
Journal of International Economic Affairs
– Volume 7, Number 3 (July-September 2017)

JEL classification: E22, F52, F60

Keywords: globalization, investments, national economy, protectionism, resource nationalism


Citation:
Galkova A.A., Vorobeva N.V. (2017). Ways to improve economic stability of the Russian Federation. Journal of International Economic Affairs, 7(3), 223-228. doi: 10.18334/eo.7.3.38018


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Abstract:

Russian economy has seen great changes over the last three years in view of instability of the world economic processes. The change in globalization processes and the sanctions imposed on the Russian Federation forces it to take targeted measures to ensure the sustainability of its economic situation and to achieve economic growth. In view of pending problems we suggest two alternative ways that would allow Russia to take its advantage and to strengthen them. We consider the resource nationalism and reasonable protection measures aimed at stimulating domestic production and markets as those very methods.








References:
ICC (Международная торговая палата – Всемирная организация бинеса). (in Russian). Retrieved May 05, 2017, from http://www.iccwbo.ru/blog/2016/protektsionizm-v-mezhdunarodnoy-torgovle/
Kondratev V.B. (2016). Ресурсный национализм и структура экономики Перспективы. Электронный журнал. (4). 99-116.
The Retreat of the Global EconomyThe Economist. Retrieved April 14, 2017, from http://www.economist.com/news/briefing/21715653-biggest-business-idea-past-three-decades-deep-trouble-retreat-global

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