The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 3/2024.  World Economy and International Relations. 

Artem G. Pylin

Cand. Sci. (Econ.), Associate Professor, Leading Researcher at the Institute of Economics of the Russian Academy of Sciences, Moscow, Russia

ORCID: 0000-0002-1979-3624

TRENDS IN TRADE AND ECONOMIC COOPERATION BETWEEN RUSSIA AND CENTRAL ASIAN COUNTRIES

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Abstract

The paper analyzes the main trends in economic cooperation between Russia and the Central Asian states for the period 2021–2023 years in the context of Russian interests. The factors of economic interaction are analyzed taking into account the growing potential of the countries of the region. It is established that amid geopolitical tensions and large-scale anti-Russian sanctions of the West, the geo-economic importance of the Central Asian countries for the Russian Federation has increased significantly. The dynamics and structure of trade, investment and migration relations between Russia and the countries of the region are studied. The role of intermediated trade and relocation in enhancing economic cooperation is particularly noted. Joint projects in the transport and energy sectors are being considered. Industrial partnership stands out among the promising areas of cooperation, including through the joint formation of industrial zones.

Keywords: Russia, Central Asia, economy, sanctions, trade, investment, migration, transport, energy, industrial cooperation.

JEL: F15, O57, P27

EDN: LVLEXA

DOI: https://doi.org/10.52180/2073-6487_ 2024_3_76_87

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Manuscript submission date: 04.06.2024  

For citation:

Pylin A.G. Trends in trade and economic cooperation between Russia and Central Asian countries // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2024. № 3. Pp. 76-87. (In Russ.). https://doi.org/10.52180/2073-6487_2024_3_76_87  EDN: LVLEXA

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 3/2024.  World Economy and International Relations. 

Alexey L. Shevtsov

Cand. Sci. (Pol.), Deputy Secretary of the Security Council of the Russian Federation, Moscow, Russia

POSSIBLE CONFISCATION OF RUSSIAN STATE ASSETS IN THE WEST: LEGAL AND POLITICAL ZUGZWANG

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The paper examines the prospects for the possible confiscation of state assets of the Russian Federation in favor of Western countries. The case of confiscation of private assets is briefly considered. The precedents of the confiscation of sovereign assets are analyzed. The legal inconsistency of the intentions to confiscate Russian assets has been demonstrated. Despite the fact that Western countries are actively working on a regulatory solution to the issue, it is shown that the implementation of such a scenario carries serious risks to the international monetary system, can act as a driver of significant erosion of the Bretton Woods system and dollar hegemony in general. In this situation, any action, as well as inaction, leads to a deterioration of the situation, which refers us to the title of the article, causing an association with zugzwang.

Keywords: sovereign assets, private property, confiscation, the principle of sovereign immunity, international law.

JEL: F51, F53, K11, K33

EDN: FDRANL

DOI: https://doi.org/10.52180/2073-6487_ 2024_3_47_60

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Manuscript submission date: 06.05.2024

For citation:

Shevtsov A.L. Possible confiscation of Russian state assets in the West: legal and political zugzwang// Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2024. №. 3 Pp. 47-60. (In Russ.). https://doi.org/10.52180/2073-6487_2024_3_47_60 EDN: FDRANL

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 3/2024.  World Economy and International Relations. 

Irina A. Kvashnina

Cand. Sci. (Econ.), Leading Researcher at the Institute of Economics of the Russian Academy of Sciences, Moscow, Russia

ORCID: 0009-0002-1700-5580

NEW TENDENCIES IN GLOBAL FDI FLOWS

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The article examines measures, that took place in the regulation of foreign direct investment and their impact on the configuration of investment flows. It is noted that for some countries and economic unions in current geopolitical situation, FDI policy is becoming a part of the national strategy for economic security and technological sovereignty. The dynamics of the introduction of FDI restrictive and regulatory measures indicates an increase in protectionism, which leads, in particular, to a reconfiguration of global capital flows. The changes in the FDI inflows /outflows volumes and in their distribution by different regions and countries allow us to conclude that, on the one hand, the localization of a part of FDI within geopolitically close states is taking place, while on the other hand, in order to reduce political and economic risks the diversification of investment partners is going on.

Keywords: FDI, protectionism, regulatory measures, fragmentation.

JEL: F21, F34

EDN: FVZLEY

DOI: https://doi.org/10.52180/2073-6487_2024_3_61_75

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Manuscript submission date: 07.05.2024

For citation:

Kvashnina I.A.  New tendencies in global FDI flows// Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2024. № 3. Pp. 61-75. (In Russ.). https://doi.org/10.52180/2073-6487_ 2024_3_61_75  EDN: FVZLEY

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 3/2024.  World Economy and International Relations.

Ilya V. Medvedev

Junior Researcher of the Institute of Economics of the Russian Academy of Sciences, Center for post-Soviet Studies, Moscow, Russia

ORCID: 0000-0003-3754-0409

EURASIAN INTEGRATION PROJECT IN THE DIGITAL TRANSFORMATION FRAMEWORK OF THE RUSSIAN ECONOMY

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Digitalization and innovative development occupy an important place on the agenda of the countries of the Eurasian Economic Union (EAEU). Comprehensive sanctions against Russia and changes in trade flows caused by the unstable geopolitical situation have created an obvious need for innovation and digital technologies in finance, transport, customs control, including digital integration. The purpose of the study is to determine the innovative potential of the EAEU in the context of digital infrastructure development and the fourth industrial revolution technologies. The study compares the innovation potential of the EAEU with other regional integration association. It is concluded that if there is a welldeveloped digital infrastructure, the further growth of the innovative potential of the EAEU will be complicated by sanctions preventing access to foreign technologies, and will largely depend on the effectiveness of the import policy in Russia.

Keywords: EAEU, digitalization of integration, digital economy, digital infrastructure, patent activity.

JEL: F13, F15, F53

EDN: YSWLKN

DOI: https://doi.org/10.52180/2073-6487_ 2024_2_137_157

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Manuscript submission date: 28.02.2024

For citation:

Medvedev I.V. Eurasian integration project in the digital transformation framework of the Russian economy // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2024. № 2. Pp. 137-157. (In Russ.). https://doi.org/10.52180/2073-6487_ 2024_2_137_157  EDN: YSWLKN

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