scholarly journals Economic Development of Russia in the Context of European and Central Asian Countries

Vestnik NSUEM ◽  
2019 ◽  
pp. 83-98
Author(s):  
V. V. Smirnov ◽  
A. V. Mulendeeva
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Complex Analysis ◽  
Negative Impact ◽  
Sustainable Growth ◽  
Asian Countries ◽  
Russian Economy ◽  
Central Asian ◽  
Central Asian Countries ◽  
Economic Growth Rates

The article presents and discusses the results of the study aimed at carrying out complex analysis of the dynamics of economy of European and Central Asian countries and identification of supra-country forms of economic development of Russia. The study is based on the system approach using the methods of statistical, cluster and nonparametric analysis. The relevance of the study was justified; the retrospective of international scientific and technological cooperation between European and Central Asian countries was considered. Stability regarding Austria and Belgium was revealed following the assessment of the dynamics of economic growth of European and Central Asian countries. Russia, with low density of the population, is close to the country group with sustainable growth by the rate of unemployment, and far behind by GDP per capita. Russia is in the cluster with Germany, the interest of the latter is focused on Armenia and Kazakhstan. Substantial risks of recession emerging in Germany could have a negative impact on the development of Russian economy. The dynamics of economic development of European and Central Asian countries is caused by the differences in the population density and number of various minerals.Taking stand between the excessive potential of European knowledge (technologies) and minerals of Central Asia, Russia can create a supra-country form of development capable of ensuring stably high economic growth rates without using own minerals.The conclusions and results of the study may be highly sought by state authorities in the process of selection and justification of the supra-country forms of development of Russian economy in the context of international cooperation with European and Central Asian countries.

Carbon dioxide emission, economic growth, and energy consumption among Central Asian countries

2021 ◽  
Vol 16 (4) ◽  
pp. 87-93
Author(s):  
Imtiyaz Ahmad Shah ◽  
Imtiyaz ul Haq
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Positive Impact ◽  
Generalized Method Of Moments ◽  
Carbon Dioxide Emission ◽  
Sustainable Growth ◽  
Asian Countries ◽  
Central Asian ◽  
Central Asian Countries

The paper examines the relationship between carbon dioxide emission, economic growth, and energy consumption among five Central Asian countries during 2000-2017. To verify the said relationship, we have used both static (pooled OLS and Fixed effect) and dynamic Generalized Method of Moments.  The results indicate that GDP has a significantly negative impact, while a square of GDP has a significantly positive impact on carbon dioxide emission. Therefore, our findings support the U-shaped Environmental Kuznets Curve. Also, energy consumption is having a significantly positive impact on carbon dioxide emissions. The results emphasize non-renewable sources of energy, low carbon emission technologies, and sustainable growth.

scholarly journals EXPORT POSITIONS OF RUSSIA IN CENTRAL ASIA: REALITIES AND PROBLEMS

2021 ◽  
pp. 48-52
Author(s):  
M. M. Butakova ◽  
O. N. Sokolova
Keyword(s):  
Central Asia ◽  
Negative Impact ◽  
Russian Regions ◽  
Asian Countries ◽  
Economic Relations ◽  
Central Asian ◽  
Market Capacity ◽  
Central Asian Countries ◽  
The Russian Federation ◽  
State Of Affairs

The article is devoted to researching and assessing the state of affairs, identifying problems and prospects for Russia’s presence in the markets of Central Asian countries. The relevance of the problem is connected with the goals of maintaining the export positions of the Russian Federation in this market and with the goals of increasing the volume of non-resource non-energy exports. The authors investigated the dynamics and structure of world and Russian exports to the countries of Central Asia, highlighted the dominant commodity groups of Russian exports for each importing country. As a result of the study of the territorial aspect and the related specifics of trade and economic relations, it was concluded that a deeper study of export opportunities and prospects of Russian regions bordering on countries-importers of Russian products in Central Asia was made. The article outlines the problems of increasing competition in the markets of Central Asia and the negative impact on the prospects of Russian exports of falling incomes of the population and reducing market capacity due to the pandemic, the need to take a set of measures to maintain Russia’s competitive position in this market. As a result the studies of the problems of the development of Russian exports the authors came to the conclusion that it is mutually beneficial and promising, to increase the supply Russian products to the countries of Central Asia the need to find ways to increase its efficiency, and strengthen state support for non-resource non-energy exports.

scholarly journals Frontier economies and economic growth: Evidence from European and Central Asian Countries

2020 ◽  
Vol 20 (3) ◽  
pp. 279-291 ◽  
Author(s):  
Ujkan Q. Bajra ◽  
Zenun Halili ◽  
Nimete Berisha
Keyword(s):  
Economic Growth ◽  
Asian Countries ◽  
Central Asian ◽  
Central Asian Countries

Economic Development Sustainability of Russia’s Territories

10.12737/2611 ◽  
2014 ◽  
Vol 2 (1) ◽  
pp. 4-11
Author(s):  
Басовский ◽  
Leonid Basovskiy ◽  
Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Small Sample ◽  
Belgorod Oblast ◽  
Krasnodar Krai ◽  
Correlation And Regression Analysis ◽  
Russian Economy ◽  
The Republic ◽  
Economic Growth Rates ◽  
The City

Technique for assessment of economic development sustainability of Russia’s regions is provided. Methodologically the technique is based on diagnosing the loss of sustainability in economic growth and assessing the degree of instability. The authors propose to assess the degree of sustainability by such measure, as variance in the economy’s growth rate, while the risks of instable growth — by an index, reflecting relative variance in economic growth rates. Economic growth sustainability and dynamics for several RF administrative territories are assessed, including Belgorod oblast, Bryansk oblast, Volgograd oblast, Pskov oblast, the cities of Moscow and St. Petersburg, the Republic of Dagestan and Krasnodar krai. The estimates are based on statistics for the 2000—2011 years period. As is found out, different territories has different periods of sustainable and unsustainable development as well as different degrees of economic growth instability. In terms of economic development Belgorod oblast, the city of St. Petersburg, Krasnodar krai and the Republic of Dagestan are stable as compared to the growth of the overall Russian economy. Such territories, as Bryansk oblast, Volgograd oblast, Pskov oblast and the city of Moscow show instability of economic development as compared to the Russian economy as a whole. As correlation and regression analysis shows, indices of economic development instability significantly affect investments in the regional economy. Based on a small sample of administrative territories the authors show that instability of economic development is responsible for 40 per cent reduction in investments. Thus the conclusion is made that economic development instability is a rather significant factor of the territory’s investment climate.

scholarly journals Extent of the “Belt and Road” Initiative in Stimulating Economic Growth in Post-Soviet Central Asia

2021 ◽  
Vol 4 (3) ◽  
pp. 57-62
Author(s):  
Yiling Ding
Keyword(s):  
Economic Growth ◽  
Belt And Road Initiative ◽  
Asian Countries ◽  
Central Asian ◽  
Belt And Road ◽  
Central Asian Countries ◽  
Important Position ◽  
Soviet Central Asia ◽  
The Belt And Road ◽  
Five Central Asian Countries

As the “core area” of the “Silk Road Economic Belt,” the five Central Asian countries occupy an important position in the “Belt and Road” strategy. With the increase of China’s investment, the infrastructure of the five Central Asian countries has been continuously developing, economy persists to grow, and the people’s standards of living have been constantly improved. This article focuses on how the “Belt and Road” initiative has promoted the economic growth of the five Central Asian countries.

scholarly journals The Relationship between Energy Consumption and Growth in the Transition Economies of Central Asian Republics

2013 ◽  
Author(s):  
Abdullah Özdemir ◽  
Mehmet Mercan ◽  
Erkan Dendeş
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Soviet Union ◽  
Transition Period ◽  
Panel Data Analysis ◽  
Asian Countries ◽  
Capitalist System ◽  
The Soviet Union ◽  
Central Asian ◽  
Central Asian Countries

The transition period from the socialist system to the capitalist system is used to describe economies in transition. With the dissolution of the Soviet Union in the 1990s, with Central and Eastern European Countries, the Countries in Central Asia have entered into this process. Central Asian Countries haven’t entered into this process providently a lot in transitional stage. At the end of secession process from the Soviet Union, these countries had only limited industrial plants and natural resources. However, reserves of energy resources that these countries have in their economic growth have been a pusher factor. No doubt, increasing energy consumption has a significant effect in the development of the countries. The main purpose of this study is to test the existence of growth relation and energy consumptions in Central Asian Countries that live the transition period accordingly. This study investigates relationship between economic growth and energy consumption for Central Asian Countries over the period 1990-2010 by using panel data analysis. As a conclusion it is reached that there is a significant correlation between energy consumption and economic growth for these countries.

scholarly journals Economic Development of Kyrgyzstan in Context of Deepening Integration

2019 ◽  
Author(s):  
Asel Dzhailova
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Economic Potential ◽  
Asian Countries ◽  
Central Asian ◽  
Socio Economic Development ◽  
Central Asian Countries ◽  
Deep Integration ◽  
Global Project ◽  
The Silk Road

The article examines the forms and features of the development of integration processes and their impact on the macroeconomic development of Kyrgyzstan. An assessment of the socio-economic development of Kyrgyzstan within the EAEU is presented. Attention is focused on the positive trends in improving the structure of the national economy, developing its priority sectors and increasing the export and investment potential. Attention is drawn to the features of the conjugation of the economic development of Kyrgyzstan within the framework of the Chinese global project “The Economic Belt of the Silk Road”. The features of trade, economic and investment cooperation with China. results of the implementation of large infrastructure projects. An assessment of macroeconomic development was carried out and the possibilities for the development of the deep integration of Central Asian countries in the fullest use of the economic potential of Kyrgyzstan were identified. The forms, directions and mechanisms of deepening trade, economic and humanitarian cooperation of Kyrgyzstan with the countries of Central Asia are substantiated.

Turning point economic development of modern Russia

10.12737/430 ◽  
2013 ◽  
Vol 1 (1) ◽  
pp. 4-9 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy ◽  
Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Development ◽  
World Economy ◽  
Turning Point ◽  
Negative Impact ◽  
Econometric Models ◽  
Sustainable Growth ◽  
Federal Law ◽  
Russian Economy ◽  
The World ◽  
Corporate Profits

The transition of the Russian economy to grow in 1998 and studied the transition to slower growth in 2008–2009. Based on catastrophe theory shows that in 1998 and in 2008–2009 Russia’s economy was turning point in its development. After passing the turning point of 2008–2009 economy entered a period of sustainable growth retardation. Slower growth rates do not exceed the rate of growth of the world economy. The transition to slower growth generated by the policy, as reflected in federal law enacted in 2005–2011. Built econometric models, reflecting the negative impact of imperfect institution of ownership on the productivity of the economy and corporate profits, found arisen with institutional trap.

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