The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 2/2025. World Economy. 

Artem G. Pylin

Cand. Sci. (Econ.), Docent, Associate Professor of the Department of International Business, Financial University under the Government of the Russian Federation, Moscow, Russia; Senior Research Fellow, Smolensk State University, Smolensk, Russia

ORCID: 0000-0002-1979-3624

 

CONTOURS OF TRADE INTERACTION BETWEEN RUSSIA AND BELARUS IN THE NEW GEOECONOMIC REALITY

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The article studies the dynamics and structure of Russian-Belarusian trade relations over the past twelve years. It considers Belarus’ approaches to the multi-vector nature of its foreign economic course and their evolution under the influence of external factors. The main features of trade interaction between Russia and Belarus in the pre-sanctions and sanctions periods are highlighted. An analysis of interstate documents adopted in 2021-2024 years is carried out from the point of view of their impact on deepening economic integration within the Union State. The author concludes that the two countries are moving to a new stage of cooperation, namely from transit and energy to industrial and technological connectivity. Some recommendations for further economic interaction between the two countries are offered.

Keywords: Belarus, Russia, Union State, trade interaction, connectivity, sanctions, import substitution, fragmentation of the world economy.

JEL: F02, F14, F15

EDN: UWDDCL

DOI: https://doi.org/10.52180/2073-6487_2025_2_185_200

References

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Manuscript submission date: 10.03.2025

Manuscript acceptance date: 16.04.2025

 

For citation:

Pylin A.G. Contours of trade interaction between Russia and Belarus in the new geoeconomic reality// Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 2. Pp. 185-200. (In Russ.).  https://doi.org/10.52180/2073-6487_2025_2_185_200  EDN: UWDDCL

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 2/2025. World Economy. 

Vladimir Yu. Salamatov

Dr. Sci. (Econ.), Cand. Sci. (Tech.), Professor, Director at the Institute of International Trade and Sustainable Development, MGIMO University, Ministry of Foreign Affairs of Russia, Head of the Department of Commerce and Trade Regulation, Moscow, Russia

ORCID: 0000-0002-6430-640X

 

Anna V. Tangaeva

Head of the Tariff Barriers and Market Access Department at the Research Center “International Trade and Integration,” Moscow, Russia

ORCID: 0000-0003-3319-2283

 

Anna A. Zharkova

Specialist at the Research Center “International Trade and Integration”, Moscow, Russia

ORCID: 0009-0006-5860-8555

 

MEGA-REGIONAL AGREEMENTS IN THE CONTEXT OF WORLD ECONOMIC FRAGMENTATION: EU AND CHINA STRATEGIES

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Amid the transformation of the international economic system, caused by the crisis of global institutions, the rise of regionalization and the politicization of economic relations, mega- regionalism has emerged as a crucial tool in international trade. The authors examine how the EU and China apply mega-regional approaches in their trade policies to enhance their positions in the global economy, using different integration models.

The article explores how the differing strategies of the EU and China reflect their geo-economic priorities, peculiarities and responses to the challenges posed by the fragmentation of the global economy.

Keywords: megaregionalism, fragmentation of the global economy, European Union, China, Belt and Road Initiative (BRI), trade policy.

JEL: F02

EDN: THPCWN

DOI: https://doi.org/10.52180/2073-6487_2025_2_167_184

References

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Manuscript submission date: 03.03.2025

Manuscript acceptance date: 16.04.2025

 

For citation:

Salamatov V. Yu., Tangaeva A.V., Zharkova A.A. Mega-Regional agreements in the context of world economic fragmentation: EU and China strategies // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 2. Pp. 167-184. (In Russ.). https://doi.org/10.52180/2073-6487_2025_2_167_184 EDN: THPCWN

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 1/2025.  World Economy. 

Viktor P. Klavdienko

Dr. Sci. (Econ.), Associate Professor, Leading Researcher, Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia

ORCID: 0000-0001-5929-2755

 

STRUCTURAL CHANGES IN PRIMARY ENERGY CONSUMPTION AS A FACTOR IN DECARBONIZATION OF THE GLOBAL ENERGY

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The analysis of the scale and dynamics of consumption of various types of primary energy sources in the global economy over a long-term period is carried out. The volumes and dynamics of carbon dioxide emissions generated as a result of consumption of various types of primary energy sources are studied. The influence of changes in the scale of consumption of various types of resources, their specific carbon intensity, as well as structural shifts in the global economic consumption of primary energy resources on the volume of carbon dioxide emissions into the atmosphere is considered and quantified. The prospects for the transformation of the global structure of primary energy consumption are presented in the context of the global climate agenda and forecast scenarios for the development of global energy.

Keywords: energy consumption, structural changes, decarbonization, global economy, sustainable development.

JEL: F01, F63, Q48, Q52

EDN: NEEHKY

DOI: https://doi.org/10.52180/2073-6487_2025_1_129_151

References

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Manuscript submission date: 09.01.2025

 

For citation:

Klavdienko V.P. Structural changes in primary energy consumption as a factor in decarbonization of the global energy // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 1. Pp. 129-151. (In Russ.). https://doi.org/10.52180/2073-6487_2025_1_129_151 EDN: NEEHKY

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 2/2025. World Economy. 

Valery L. Abramov

Dr. Sci. (Econ.), Professor, Chief Researcher at the Institute for Research of International Economic Relations, Financial University Under the Government of the Russian Federation, Moscow, Russia

ORCID: 0000-0002-6351-2594

 

Alexander D. Vasilchenko

PhD student at P.G. Demidov Yaroslavl State University, Yaroslavl, Russia

ORCID: 0000-0002-4904-1562

 

REGIONAL VALUE CHAINS AS A DRIVER OF TRADE INTEGRATION IN THE EURASIAN ECONOMIC UNION

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The article dissects main characteristics of the EAEU regional value chains. The hypothesis of a positive correlation between member states’ participation in regional value chains and their intraregional industrial exports has been tested. The results obtained suggest a preferential shift to industrial goods in the intraregional trade since the launch of the integration; the most punctuated this shift is in chemical industry products and machinery. The study also identifies country-specific patterns in the involvement of EAEU countries in regional value chains. Russia’s dependence on cooperative links with its EAEU partners is relatively low. In contrast, the exports of Belarus and Kazakhstan rely greatly on the Russian value added. Generally, value added flows within the Union are heavily skewed towards Russia. It has been unveiled that forward linkages in regional value chains impact positively on the volume of intraregional industrial exports. At the same time, Russia is increasing its industrial exports to third countries by leveraging the region’s production base. In our opinion, EAEU integration institutions need to implement new programs aimed at leveling of structural disproportions of regional cooperation links. It is suggested that such measures should be sector-specific and take into account forward and backward cooperative linkages among EAEU countries.

Keywords: EAEU, regional value chains, industrial exports, industrial cooperation, intermediate goods, economic integration.

JEL: F15, F17

EDN: THBCPC

DOI: https://doi.org/10.52180/2073-6487_2025_2_144_166

References

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  3. Bykov, A. A., Kolb, O.D. Global value chains: evolution, strategies, prospects for Belarus // Modern forms of business organization: international experience and development prospects in Belarus / The Council for the Development of Entrepreneurship in the Republic of Belarus, the Eastern Committee of the German Economy. Minsk: UE «Integralpoligraf», 2017. Pp. 97–123. EDN: YQHTNU. (In Russ.).
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Manuscript submission date: 25.01.2025

Manuscript acceptance date: 16.04.2025

 

For citation:

Abramov V.L., Vasilchenko A.D. Regional value chains as a driver of trade integration in the Eurasian Economic Union // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 2. Pp. 144-166. (In Russ.). https://doi.org/10.52180/2073-6487_2025_2_144_166 EDN: THBCPC

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 1/2025.  World Economy. 

Boris A. Kheyfets

Dr. Sci. (Econ.), Professor, Chief Researcher, Center for Post-Soviet Studies, Institute of Economics of the Russian Academy of Sciences, Moscow, Russia

ORCID: 0000-0002-6009-434X

 

Veronika Yu. Chernova

Dr. Sci. (Econ.), Leading Researcher, Center for Post-Soviet Studies, Institute of Economics of the Russian Academy of Sciences, Moscow, Russia

ORCID: 0000-0001-5951-9091

 

GEOPOLITICAL FRAGMENTATION AND FOOD SECURITY

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The article examines the features of geopolitical fragmentation in the agri-food sector. Geopolitical events and armed conflicts, accompanied by the widespread use of economic sanctions and the growth of protectionist policies in international trade have a particularly strong impact on the agri-food sector and food security. Due to the low elasticity of supply and demand, as well as the high concentration of production and sources of food exports, raw agricultural products and, above all, grain, in the world markets of which Russia occupies leading positions, are highly susceptible to geopolitical risks. It is shown that Russia, in the context of geopolitical fragmentation, can strengthen its position in regional food markets. The main risks to the sustainability and stability of Russia’s food security due to the concentration of agricultural export destinations are identified. It is noted that India and the countries of Southeast Asia, which are expected to experience growth in food consumption in the next decade, offer new opportunities for the development of Russian agricultural exports with high untapped potential. In order to minimize the risks of excessive concentration of export directions, Russia needs to develop a balanced strategy that will allow developing exports without jeopardizing the domestic market.

Keywords: geopolitical fragmentation, geopolitical tension, agri-food sector, sanctions policy, food security, agricultural exports.

JEL: F01, F60, Q17

EDN: LSCPKL

DOI: https://doi.org/10.52180/2073-6487_2025_1_106_128

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Manuscript submission date: 27.12.2024

 

For citation:

Kheyfets B.A., Chernova V.Yu. Geopolitical fragmentation and food security // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 1. Pp. 106-128. (In Russ.). https://doi.org/10.52180/2073-6487_2025_1_106_128  EDN: LSCPKL

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