The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 6/2025. World Economy. 

Daria I. Ushkalova

Cand. Sci. (Econ.), Head of the Center for International Macroeconomics Research and Foreign Relations, Institute of Economics of the RAS, Moscow, Russia

ORCID: 0000-0003-1517-4698

D. TRUMP’S TARIFF POLICY AND RUSSIA’S FOREIGN TRADE

109-126

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The article analyzes in detail the specifics of the tariff policy of the Trump administration, including its origins, legal grounds and theoretical grounds, non-compliance with the norms of the World Trade Organization, effectiveness in modern conditions and consequences for the global economy and international trade. The conclusion is drawn about the limited effectiveness of this policy in relation to US trade with China. The impact of D. Trump’s tariff policy on Russia’s foreign trade is considered separately.

Keywords: D. Trump’s tariff policy, US foreign trade policy, reciprocal tariffs, US-China trade war, Russian foreign trade.

JEL: F13, F51, F52, F53

EDN: OUOHBB

DOI: https://doi.org/10.52180/2073-6487_2025_6_109_126

References

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Manuscript submission date: 25.10.2025

Manuscript acceptance date: 18.11.2025

For citation:

Ushkalova D.I. D. Trump’s tariff policy and Russia’s foreign trade // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 6. Pp. 109-126. (In Russ.). https://doi.org/10.52180/2073-6487_2025_6_109_126 EDN: OUOHBB

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 4/2025. World Economy. 

Nadezhda D. Frolova

Ph.D in Economic Sciences, Senior Researcher of the Center for Public Administration Research, Institute of Economics of the RAS, Moscow, Russia

ORCID: 0000-0002-3696-2688

ON THE ROLE OF STATE-OWNED ENTERPRISES IN THE ECONOMY OF THE REPUBLIC OF BELARUS

166-182

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The article examines modern research approaches to assessing the role of state-owned enterprises (SOEs) in the economy of the Republic of Belarus. There are the results of the analysis of the main statistical indicators characterizing the activities of Belarusian SOEs. The study highlights key trends of their development and emphasizes dominant role of Belarusian SOEs in the national economy. The risks caused by the low efficiency of the management system are also emphasized.

Keywords: state-owned enterprises, state capitalism, government’s role in the economy, effectiveness of state-owned enterprises, management of state-owned enterprises.

JEL: H82, H32, P26

EDN: IEVMFW

DOI: https://doi.org/10.52180/2073-6487_2025_4_167_182

References

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Manuscript submission date: 18.02.2025

Manuscript acceptance date: 07.08.2025

For citation:

Frolova N.D. On the role of state-owned enterprises in the economy of the Republic of Belarus // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 4. Pp. 167-182. (In Russ.).  https://doi.org/10.52180/2073-6487_2025_4_167_182  EDN: IEVMFW

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 6/2025. World Economy. 

Vladimir V. Eremin

Cand. Sci. (Econ.), Leading Researcher, Institute of Economic Policy and Economic Security Problems, Financial University under the Government of the Russian Federation, Moscow, Russia

ORCID: 0000-0002-2144-3543

Sergey A. Pobyvaev

Cand. Sci. (Econ.), Leading Researcher, Institute of Economic Policy and Economic Security Problems, Financial University under the Government of the Russian Federation, Moscow, Russia

ORCID: 0000-0002-7312-7059

Sergey N. Silvestrov

Dr. Sci. (Econ.), Professor, Honoured Economist of the Russian Federation, Head of the Institute of Economic Policy and Economic Security Problems, Financial University under the Government of the Russian Federation, Moscow, Russia

ORCID: 0000-0002-7678-1283

ECONOMIC FACTORS OF GLOBAL TURBULENCE

86-108

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In recent decades, trends of global economic turbulence have intensified worldwide, ex- pressed both in increased uncertainty, nonlinearity of economic processes, and the rise of economic and geopolitical conflicts. The authors of the study see one of the main factors intensifying global economic turbulence as the long-standing contradiction between the potential growth in global production, the need for this growth to stimulate positive dynamics in the global economy, and the limited availability of global sales markets. In the study, the authors analyze a wide range of phenomena, problems and contradictions associated with the limited availability of global markets, which are factors in global turbulence. By examining the problem of limited markets and the contradictions generated by this problem, such as the confrontation between national and supranational development institutions, the clash between national interests and the interests of transnational corporations and others, the authors form their own vision of possible scenarios for changes in the world order and the global economy.

Keywords: economic contradictions, geoeconomics, macroeconomic instability, capital consolidation, global turbulence, global economy, geopolitics, post-industrial development, sales markets.

JEL: F01, F02

EDN: UYSRNT

DOI: https://doi.org/10.52180/2073-6487_2025_6_86_108

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Manuscript submission date: 28.05.2025

Manuscript acceptance date: 18.11.2025

For citation:

Eremin V.V., Pobyvaev S.A., Silvestrov S.N. Economic factors of global turbulence // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 6. Pp. 86-108. (In Russ.).  https://doi.org/10.52180/2073-6487_2025_6_86_108 EDN: UYSRNT

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The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 4/2025. World Economy. 

Anna V. Belitskaya

Dr. Sci. (Law), Associate Professor, Professor of the Department of Entrepreneurial Law of the Faculty of Law, Lomonosov Moscow State University, Moscow, Russia

ORCID: 0000-0002-6988-4022

Artem A. Yakovlev

Cand. Sci. (Econ.), Associate Professor, Deputy Director of the Moscow School of Economics, Lomonosov Moscow State University; Leading Researcher, Institute of Economics of the RAS, Moscow, Russia

ORCID: 0009-0004-5579-4458

INTERNATIONAL ECONOMIC INTEGRATION: A NEW LEVEL OF A SOCIAL CONTRACT?

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The purpose of this study is to identify the role of the social contract as a factor influencing the redistribution of resources within the framework of international economic integration, the effectiveness of creating a common market, solving the problems of ensuring the sustainability of economic growth, inequality and unemployment. In the course of the work, it was scientifically substantiated that the effectiveness of international economic integration depends on the presence of a social contract at the supranational level, supported by the possibility of distributing part of the rent not only by the state, but also directly by the integration association, as well as the possibility of creating supranational inclusive institutions within the framework of a common market of goods, capital and labor.

Keywords: international economic integration, regional economic integration, social contract, inclusive institutions, national economy, common market of goods, capital, labor, supranational level.

JEL: F15

EDN: YWUDKR

DOI: https://doi.org/10.52180/2073-6487_2025_4_150_166

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Manuscript submission date: 20.04.2025

Manuscript acceptance date: 07.08.2025

For citation:

Belitskaya A.V., Yakovlev A.A. International economic integration: a new level of a social contract? // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 4. Pp. 150-166. (In Russ.). https://doi.org/10.52180/2073-6487_2025_4_150_166 EDN: YWUDKR

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