Potential for Economic Sanctions Effectiveness

DOI: 10.33917/es-3.195.2024.34-43

The article analyzes mechanisms of sanctions action and the problems that are faced by countries that use this political instrument. Particular attention is paid to cases of applying sanctions against the Russian Federation and Iran without expressing any subjective opinion on the legality of these countries’ actions. It is proved that economic sanctions in most cases are fraught with economic costs for all participants in sanctions episodes, including countries that initiate these sanctions. The country, against which the sanctions are imposed, is likely to develop trade relations with the third parties that do not participate in the sanctions coalition.

References:

1. Alekseeva T.A. Sovremennaya politicheskaya mysl’ (XX–XXI vv.): politicheskaya teoriya i mezhdunarodnye otnosheniya [Modern Political Thought (XX–XXI centuries): Political Theory and International Relations]. Moscow, Aspekt Press, 2015.

2. Timofeev I.N. Ekonomicheskie sanktsii kak politicheskoe ponyatie [Economic Sanctions as a Political Concept]. Vestnik MGIMO-Universiteta, 2018, no 2(59), pp. 26–42, DOI: 10.24833/2071-8160-2018-2-59-26-42

3. ES i SShA otsenivayut vliyanie sobstvennykh sanktsiy v otnoshenii Rossii [The EU and the US Assess the Impact of their own Sanctions Against Russia]. Otkrytyy zhurnal, 2022, 5 marta, available at: https://journal.open-broker.ru/results/itogi-nedeli-ot-5-marta-2022/

4. Khaffbauer G., Shott D., Elliot K., Egg B. Peresmotr ekonomicheskikh sanktsiy [Revision of Economic Sanctions]. Elsevier. Zhurnal mezhdunarodnoy ekonomiki, 2007, vol. 76(1), pp. 135–137.

5. Rezolyutsiya 1929, prinyataya Sovetom Bezopasnosti na ego 6335-m zasedanii 9 iyunya 2010 g. [Resolution 1929, Adopted by the Security Council at its 6335th Meeting on 9 June 2010]. Sovet Bezopasnosti OON, available at: https://www.un.org/securitycouncil/ru/s/res/1929-%282010%29

Why did the Russian Economy not Collapse under the Influence of Sanctions?

DOI: 10.33917/es-3.195.2024.16-27

Chronicles of the trade and economic war (sanctions, restrictions, etc., in fact, attempts to organize an economic, scientific and technical blockade) of the conventionally united West against Russia after 2014 in general and after the beginning of the Limited Military Operation in particular clearly demonstrate that Atlantic opponents didn’t manage to defeat us economically. They don’t understand why that happened… Russia, to the whole world’s surprise, is successfully realizing its economic potential, monetizing it into stability of the political regime and building up a victorious defence potential. What’s the cause of such macroeconomic stability (national strength) of Russia?

References:

1. Isard W. Interregional and Regional Input-Output Analysis: A Model of a Space Economy. Review of Economics and Statistics, 1951, vol. 33, pp. 318–328.

2. Leontief W., Strout A. Multiregional Input-Output Analysis. Structural Interdependence and Economic Development (ed. T. Barna). London, Macmillan (St. Martin’s Press), 1963, pp. 119–149.

3. Koopman R., Wang Z., Wei Shang-Jin. Tracing Value-Added and Double Counting in Gross Exports. NBER Working Paper no 18579, Cambridge, National Bureau of Economic Research, 2012.

4. Makarov V.L., Bakhtizin A.R., Sushko E.D. Natsional’naya strategicheskaya sila stran, mezhdunarodnaya torgovlya i ekonomicheskaya uspeshnost’ stran v nestabil’nom mire [National Strategic Power of Countries, International Trade and Economic Success of Countries in the unstable World]. Strategirovanie: teoriya i praktika, 2023, vol. 3, no 3(9), pp. 277–297.

5. Ageev A.I., Bakhtizin A.R., Makarov V.L., Loginov E.L., Khabriev B.R. Ekonomicheskiy fundament pobedy: strategicheskiy prognoz ustoychivosti ekonomiki Rossii v

usloviyakh sanktsionnykh atak [Economic Foundation of Victory: a Strategic Forecast for the Russian Economy Stability in the Face of Sanctions]. Ekonomicheskie strategii,

2023, vol. 25, no 3(189), pp. 6–15, DOI: https://doi.org/10.33917/es-3.189.2023.6-15

6. Makarov V.L., Il’in N.I., Bakhtizin A.R., Khabriev B.R. Natsional’naya sila stran mira: otsenka i prognoz [National Strength of the Countries in the World: Evaluation and Forecast]. Ekonomicheskie strategii, 2022, vol. 24, no 6(186), pp. 38–51, DOI: https://doi.org/10.33917/es-6.186.2022.38-51

7. Makarov V.L., Bakhtizin A.R., Loginov E.L. Primenenie ekonomiko-matematicheskikh metodov i modeley optimal’nogo planirovaniya v tsifrovoy ekonomike budushchego (TsEMI AN SSSR i TsEMI RAN: prognosticheskaya interpretatsiya i razvitie nauchnogo naslediya nobelevskikh laureatov L.V. Kantorovicha i V.V. Leont’eva) [Application of Economic-mathematical Methods and Optimal Planning Models in the Digital Economy of the Future (CEMI AS USSR and CEMI RAS: Predictive

Interpretation and Development of the Scientific Heritage of Nobel Laureates L.V. Kantorovich and V.V. Leontief)]. Moscow, Tsentral’nyy ekonomiko-matematicheskiy

The state Russian language in the political and legal mechanism for ensuring the security of the Russian Federation

DOI: 10.33917/mic-3.116.2024.90-98

The paper examines the role, place and importance of the state Russian language in the political and legal mechanism of ensuring the security of the Russian Federation. Russia is mainly focused on the problem of the implementation in practice of the policy of the Russian Federation in the field of the state Russian language and the need to take effective measures to neutralize the mechanism of destruction of the Russian language.

References:

1. Anishchenko V.N. On the modern theory and methodology of the study of the country’s security problems. Bulletin of the Academy of Economic Security of the Ministry of Internal Affairs of Russia. 2009;4:8-12. (In Russ.).

2. Ginzburg V. Emergency of emergency scale. RBC, 2008. The final issue.

3. Dvornikov V.A. Economic security – theory and reality of threats. M.: Publishing House of the Russian Academy of Social Sciences, 2000.

4. Doronin A.I. Business intelligence. 5th ed., reprint. and additional. M.: Axis-89, 2010. 704 p.

5. The draft law on the restriction of the use of foreign words in the public sphere. URL: https://tass.ru /

6. Decree of the President of the Russian Federation dated 07/02/2021 No. 400 «On the National Security Strategy of the Russian Federation». URL: http://www.pravo.gov.ru

7. Federal Law No. 52-FZ dated February 28, 2023 «On Amendments to the Federal Law “On the State Language of the Russian Federation”». URL: http://publication.pravo.gov.ru

8. Federal Law No. 53-FZ of June 1, 2005 «On the State Language of the Russian Federation» (Collection of Legislation of the Russian Federation, 2005, No. 23, Article 2199; 2013, No. 27, Article 3477; 2014, No. 19, Article 2306).

9. Hammer L. Large Nuclear Collider. RBC, 2008. The final issue.

Experience in implementing the principles of client-centricity in the regions of Russia

DOI: 10.33917/mic-3.116.2024.81-89

The relevance of the research is due to the need to transition public administration and the process of providing public functions and services to a client-centered model based on ensuring effective interaction between the state, society and business. The experience of implementing a client-centric approach in a number of regions of Russia is analyzed and the authors came to the conclusion that despite the existing standards and requirements for the implementation of a client-centric approach in state and municipal management, the regions independently determine actions to implement these requirements. Recommendations aimed at rethinking public administration and improving its effectiveness are proposed.

permanent link >>>

Investment and economic model of geological exploration in the Russian Federation

DOI: 10.33917/mic-3.116.2024.76-80

The article proposes an investment and economic model for carrying out geological exploration of hydrocarbons on the territory of the Russian Federation. The expedient sequence of performing economic calculations implies the passage of the following stages. The author has developed a scheme of the investment and economic model of geological exploration. The stages of the implementation of the investment and economic model of exploration are described.

References:

1. Bogatkina Yu.G., Eremin N.A., Sardanashvili O.N., Lyndin V.N. Economic assessment of the development of the Olkhovskoye deposit using various tax models in subsoil use. Problems of economics and management of the oil and gas complex. 2019;1(169):14-19. (In Russ.).

2. Melekhin E.S., Afonina I.A. Problems of geological, economic and cost assessment in subsoil use. Microeconomics. 2018;1:28-30. (In Russ.).

3. Melekhin E.S. Economic aspects of the formation of a system of rational subsoil use in modern conditions. Monograph. M.: Russian State University of Oil and Gas (National Research University) named after I.M. Gubkina, 2018. 147 p.

4. Melekhin E.S. Application of design management methods in subsoil use. Problems of economics and management of the oil and gas complex. 2021;2 (194):44-49. (In Russ.).

5. Sharf I.V., Mikhalchuk A.A., Filimonova I.V. Dynamic efficiency of reproductive processes in resource-extracting territories. News of Tomsk Polytechnic University. Georesources Engineering. 2019;330(10):102-110. (In Russ.).

US economic growth model and the state of the world economy

DOI: 10.33917/mic-3.116.2024.69-75

A factor model of US economic growth, developed by famous economists P.E. Samuelson and V.E. Nordhouse, is presented. [1]. An analysis of the growth of inflation in the US and European economies in 2023 and ways to reduce it due to an increase in interest rates by the US Federal Reserve System and the European Central Bank is given. It is noted that the Russian economy in 2022–2023. ranked fifth in the world in terms of GDP calculated at purchasing power parity (PPP), ahead of European countries, and according to the World Bank in May 2024 it rose to fourth place.

References:

1. Samuelson P.E., Nordhaus V.D. Economy. 16th edition. Williams Publishing House, 2003. 688 p.

2. Global fun. The IMF has raised its forecasts for the global and Russian economies. Kommersant, January 30, 2024. URL: https://www.kommersant.ru/doc/6479601

3. Khazin M. Why will the USA and the dollar face «horror-horror-horror» in 2024 and what is Russia’s strategy? URL: https:/www. business-gazeta ru/article/6188366

4. Kuzovkin A.I. Climate Summit in Rome and Climate Conference in Glasgow in 2021. Microeconomics. 2022;1:91–97. (In Russ.).

5. From the minutes of the Federal Open Market Committee. URL: https://smart-lab.ru/blog/856802.php

6. Milchakova N. Mysteries of GDP: how and why did Russia become the fifth economy in the world? Moskovsky Komsomolets. April 1, 2024. URL: https://www.mk.ru/economics/2024/03/31/zagadki-vvp-kak-i-pochemu-rossiya-stala-pyatoy-ekonomikoy-mira.html

7. Vedeneeva N. Academician Aganbegyan told how to make Russians rich: «A very effective tool». Moskovsky Komsomolets, March 20, 2024. URL: https://www.mk.ru/economics/2024/03/19/akademik-aganbegyan-rasskazal-kak-sdelat-rossiyan-bogatymi-ochen-deystvennyy-instrument.html