Abstract
The purpose of this paper is to provide a characterization of the current state and level of the investment component in Russia’s economic security and concretize the key focus areas for ensuring it. The study is grounded in the dialectical method of scientific cognition, the method for cognizing the process of attaining investment security in all its contradictions, integrity, and development, as well as the systemic approach to the analysis of the effect of investment activity on the national economy. The authors explore some of the key theoretical aspects of investment security within the national economy and examine the dualism of investment security as a component in the nation’s economic security; establish a system of indicators for ensuring investment security, including its major qualitative and quantitative criteria; compute a set of indicators for the investment component in economic security; identify some of today’s key threats to investment security within the Russian economy. Exploring the theoretical aspects and computing the indicators of investment security serve as a basis for further research into the subject and may help detect and minimize threats that may arise in connection with the investment process, as well as develop and concretize a set of major focus areas for ensuring investment security at all levels.
Highlights
The globalization of international economic relations, which has become a distinctive trait of our civilization’s development in the 21st century, has given rise to a number of new categories in both the political and economic spheres, which require scholarly conceptualization and substantiation
Investment security within the national economy is a type of economic security that ensures the reproductive nature of the economy, acting as a “system of investment relations within the economic system aimed at the enhancement and further development of investment processes, most importantly at ensuring the stability, sustainability, and independence of investment activity within the national economy” (Litvinov & Buzin 2008)
Investment security is of a dual nature: on the one hand, it is a component part of the system of ensuring economic security, while, on the other hand, it maintains a relative amount of independence due to the special nature of investment activity
Summary
The globalization of international economic relations, which has become a distinctive trait of our civilization’s development in the 21st century, has given rise to a number of new categories in both the political and economic spheres, which require scholarly conceptualization and substantiation. “Economic security may be construed as a state of the national economy where, through the effective and integrated use of available resources (natural, material, financial, labor, administrative, and political/legal), as well as a system of state activities and measures, there can be achieved the optimum level of protection for it from external and internal threats through boosting the competitiveness of domestically manufactured products, the nation’s defense capability, and people's living standards and quality of life and attaining progress in the economic, social, demographic, and other spheres” (Bart 2011). There is relevance in conducting integrated research into issues related to fostering the investment security of the national economy and ensuring state regulation of it, with a subsequent focus on resolving relevant practical objectives on ensuring it in the Russian Federation
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.