The importance of investments in economic growth and increasing incomes of the population

DOI: 10.33917/mic-5.118.2024.78-86

The relevance of attracting investments into the country’s economy in order to achieve economic growth, ensure its stability and thereby increase the population’s income is analyzed. The dynamics of attracting investments into fixed capital in the country as a whole and for individual types of economic activity are considered. The share of investments in GDP and the level of investment efficiency are estimated. The relationship between increasing domestic and foreign investment attractiveness, increasing the volume of investments and increasing the population’s income is determined.

The methods of statistical, comparison, grouping, analysis and synthesis, and economic analysis are used in the coverage of this article. A comparative analysis of the data was carried out, on the basis of which an attempt was made to more accurately highlight the role of investments in economic growth and ensuring the well-being of the population.

References:

1. Makasheva N. Does J.M. Keynes Help Study the Russian Economy? Voprosy ekonomiki. 2010;12:131–140.

2. Massé P. Criteria and Methods for Optimal Determination of Capital Investments / Translated from French. Moscow: Statistika, 1971. 160 p.

3. McConnell K.R., Brew S.L. Economics: Principles, Problems, and Policy. In 2 volumes: Translated from English. 11th ed. Vol. 1. Moscow: Respublika, 1992. 399 p.

4. Dolan E.J., Lindsay D.E. Microeconomics. St. Petersburg, 1994. 448 p.

5. Abdukarimov B.A. Korkhona iktisodiyoti (darslik). T.: Fan, 2005. 241 p.

6. Karimov N. The mechanism of investment integration and the development of the mechanism of investment. T.: Fan and technology, 2007. 240 p.

7. Nodirkhanov U.S. Foreign investment in Uzbekistan: experience, problems, growth prospects. T.: Fan and technology, 2011. 184 p.

8. Egamberdiev F.T., Daniyarova F.B., Kholmatjonov F.M. The importance of investment in the development of the economy. Economy and Finance 2017;10:68–74.

9. Mihaela Peres, Waqar Ameer & Helian Xu. The impact of institutional quality on foreign direct investment inflows: evidence for developed and developing countries, Economic Research-Ekonomska Istraživanja. 2018;31(1):626–644.

Strategic Factor of Energy in Changing the Trend of Catching-up Technological Development

DOI: https://doi.org/10.33917/es-4.178.2021.48-53

The article examines the problems of structural modernization of the Russian economy in relation to applying the fuel and energy complex potential. The author reveals regularities of structural modernization and identifies the role of the fuel and energy complex as the most important element for developing the country’s productive forces. Creating a trajectory of sustainable economic growth requires an increased efficiency of using the energy complex potential. It is substantiated that the low technical and technological level of extractive and processing sectors of the fuel and energy complex, pricing imbalances, ruble devaluation don’t meet the strategic goals of industrial development and achieving economic security

Overview of Economic and Trade Relations Between Kazakhstan and the European Union: Current Trends and Prospects

#3. Attraction of Diversity
Overview of Economic and Trade Relations Between Kazakhstan and the European Union: Current Trends and Prospects

The European Union (EU) and Kazakhstan have established close economic and trade relations much thanks to EU Strategy for Central Asia and Kazakh state program Path to Europe. Bilateral trade have been growing steadily since 2002. Today EU is Kazakhstan’s first trade partner with annual turnover of ,1 billion representing a half of the country total trade in 2016 and the largest investor, ahead of Russia and China. EU imports from Kazakhstan are dominated by energy (minerals, fuels) products. The main EU exports to Kazakhstan include machinery and transport equipment, other manufactured goods and chemicals. In 2015 Kazakhstan has joined WTO with the EU consistently supporting Kazakhstan’s accession. Over the past two decades, Kazakhstan and EU have developed a strong and mutually beneficial energy cooperation. Major EU-based energy companies have significant investments in the Kazakh oil and gas industry. Currently, around 70% of Kazakhstan oil exports go to Europe, corresponding to 6.5% of the EU total oil imports. The 2017-address by the President Nursultan Nazarbayev comprise an industrial strategy aimed at modernizing Kazakhstan’s economy by diversifying it away from overdependence on extractive industries, targeting R&D and joining the top 30 most developed countries by 2050. Therefore Enhanced Partnership and Cooperation Agreement signed in 2015 offers new opportunities for Kazakhstan and EU and could be interesting for partners in the Eurasian Economic Union.

The Japanese Economy is Going Through not the Best Times

#8. Logic and ethic of fake
The Japanese Economy is Going Through not the Best Times

Financial and economic crisis that has engulfed the world to some extent entails a crisis of previously firm ideas on globalization. On the eve of the XXI century Russia was shocked by events that radically changed its appearance, size, living standards and even the people’s psychology. Serious changes in foreign policy also occurred. Among the variety of issues facing new Russia, a special place was occupied by relations with Japan. Complicated history of bilateral inter-state relations, system of geo-psychological relations East – West and myths abundance have led to the fact that now Japan in many ways is a symbol and image for Russia. Often this image has almost nothing to do with the original. Like a hundred years ago, the most popular in Russia now is Japan, which does not exist. It would not really matter if it didn’t influence so often the serious problems facing our countries. Who and how does form the image of Japan? How real is Japan conceived currently in Russia, does it exist at all? In the interview to Alexander Ageev Ivan S. Tselischev, professor of the Niigata University of Management (Japan), author of the bestseller «Asia’s Turning Point», RAS IMEMO representative in Japan told about peculiarities of Japanese development, originality of Japanese business ethics, his vision of modernization in Japan, organization of big business and the banking sector.

Developing Mechanism of Strategic Management of the Food Resources Formation and Use

#4. The Square of Transformation
Developing Mechanism of Strategic Management of the Food Resources Formation and Use

The article discusses the mechanism of food resources strategic management in the region as an integral part of its economic security. The paper presents the dynamics of forming the main food resources in the Republic of Mordovia.

The Nobel Committee: is the Modern Market Regulated?

#1. Change of Leader
The Nobel Committee: is the Modern Market Regulated?

The article proposes “the developing society organization”, denoted as “effectively managed free market” which will allow to eliminate the conflict between government and business and even to reduce the grounds for conflict with the opposition.

Devaluation and its Impact on the Russian Economy: a View Through the Foreign Trade Prism

#6-7. 100 Years of War: The Point of Beginning
Devaluation and its Impact on the Russian Economy: a View Through the Foreign Trade Prism

The article analyzes problems of Russia’s participation in international economic relations. It dwells on different aspects of Russian external economic policy and the experience of several countries, including oil exporters, in supporting their national economy. The paper analyzes rouble devaluation occurring in 2013–2014.

“Space” Strategic Matrix: Concentration of the Russian Competitiveness Key Factors in the Struggle for Dominance in Strategic Business Areas of the Global Economy

#5. Space Like a Punishment
“Space” Strategic Matrix: Concentration of the Russian Competitiveness Key Factors in the Struggle for Dominance in Strategic Business Areas of the Global Economy

Efficient use of space technologies and systems enables us to construct a model of techno-mediated social-economic progress, which will determine the format of states’ and corporations’ dominance in strategic business areas. Space is becoming a bifurcation point of conservation — of real-national sovereignty of those countries that are interested in it and can afford it. It is necessary to form a comprehensive space activity strategy for concentration of the Russian competitiveness key factors in the struggle for dominance in the world economy.

On the Formation of Strategic Management System for the Russian Economy Modernization and Development

#2. Mr Wanna-know-All's Questions
On the Formation of Strategic Management System for the Russian Economy Modernization and Development

The material was prepared in the framework of developing the RAS proposals to the President of the Russian Federation V.V. Putin by the expert group of RAS economists headed by Chairman of the Board of Directors of OJSC NK “Rosneft” academician A.D. Nekipelov, advisor to the President of the Russian Federation academician S.Y. Glazyev, director of the RAS Institute of Economic Forecasting academician V.V. Ivanter, etc. The main focus of the paper is made on the need to establish a strategic management system, capable to identify romising areas of economic growth and to guide the activity of state development institutions and economic regulation instruments to their implementation.

Strategic Task of Russia — Accelerating Socio-Economic Development

#7. Pandora’s Deceit
Strategic Task of Russia — Accelerating Socio-Economic Development

The author offers a systematic approach to ensuring economic growth sustainability, the task set by the Russian President, with regard to strategic management theory and practice.