Current Economic Situation In Russia Research Articles

War and Economic Growth: What Can Modern RUSSIA Learn From the 20th Century?

After February 2022, the growth of military expenditures and trade sanctions of unfriendly countries were the main factors determining the economic development of the Russian Federation. These factors are nothing new in the world and Russian history. They are typical economic manifestations of military conflicts. The accumulated historical experience, if properly used and correctly interpreted, can help to evaluate the current state of the Russian economy and predict its future. In this context, this article considers the two largest world conflicts (the First and Second World Wars) as well as five major military conflicts of the 20th century in which our country took part. The analyzed experience has identified six major factors. The presence or absence of these factors determines the potential economic growth of a belligerent state. With regard to the presence of these factors, the current economic situation in Russia has been analyzed. The authors have come to the conclusion that there are no prospects for economic growth in modern Russia. Besides, they have justified the need for a structural reorientation of GDP towards increased military and investment spending at the expense of reduced consumption by the population.

Анализ влияния монетарной и экономической политики на рост ВВП Российской Федерации в 2024–2025 годах

The subject of the study is the influence of monetary and economic policies pursued by the Government of the Russian Federation on ensuring the economic stability of the country. The purpose of the work is to forecast real GDP growth due to the current wage policy, increasing household savings and supporting other demand factors based on correction and regression analysis, which makes it possible to find out between the characteristics under consideration and, if there is one, to calculate the measure of dependence using mathematical tools. To do this, it is proposed at the first stage to create an econometric model linking the growth of consumption and economic growth of the Russian Federation, at the second stage - to create and describe a model that allows us to consider the influence of the average nominal wage, the volume of lending to the population, the volume of savings and the level of inflation on the level of consumption in Russian Federation. The scientific novelty of the study lies in obtaining current data that allows us to identify the necessary level of the above factors to achieve the economic development planned by the Russian Ministry of Economic Development and growth of real GDP. As a result of the study, it was concluded that such a factor as the inflation rate is insignificant for analyzing the current economic situation in Russia. When developing effective measures to achieve the desired level of economic growth, according to the constructed model, the level of average nominal wages and the volume of household deposits are of greater importance. The effectiveness of the use of monetary measures used by the Bank of Russia to stabilize the economy has been confirmed.

Индустриальный профиль регионов и возможности их высокотехнологичного развития

The current economic situation in Russia is inextricably linked with the development of industrial regions, which are the main industrial centers of the country and play an important role in its economic development. The largest enterprises that produce goods and services necessary for the development of various sectors of the economy are concentrated in them. Industrial regions are different in their industrial specialization, which must be taken into account when studying them. Among all regions of the Russian Federation, the author singled out a group of industrial regions according to the criterion of their share of manufacturing industries in GRP. The study presented the industrial profile of the regions, by which the author understands a generalized image of an industrial region, the characteristics of the key parameters of which are determined by the formed composition of industrial production localized in the territory. To do this, the following were identified: (a) dominant industries; (b) the degree of manufacturability of the dominant industry. Taking into account the first sign, it was shown that industrial regions have high coefficients of localization and specialization in the manufacturing industry (the analyzed regions were grouped into 4 groups: (a) with the priority industry "metallurgy"; (b) with the priority industry "engineering"; (c) with the priority branch of production of chemical products; (d) with the priority branch of the petrochemical industry. Taking into account the second feature, it was shown that industrial regions differ in the level of technological development. At present, the study of the industrial regions of the Russian Federation is relevant, since it allows us to more fully understand the economic processes taking place in these regions and develop more effective strategies for their development based on the data obtained. This is especially important in the context of economic instability and sanctions that have affected the development of the regional economy.

Analysis of Xiaomi Technology's Brand Communication in Russia: Ingate marketing case as an example

In the context of ever-increasing global competition, the role of effective marketing communication is growing. This is especially true for brands of electronic products, since the strategy of international branding of digital goods allows to successfully promote the brand in any country, region and city. Facing the constant challenges of the external environment, Xiaomi Corporation is successfully advancing in the Russian market of smartphones and intelligent equipment (IoT). However, there are a number of problems of international communication that require immediate solutions. That is why the purpose of this paper is to analyze the marketing plan of Ingate for Xiaomi Technology in Russia from the perspective of cross-cultural brand communication, taking the current economic situation in Russia, the background of the Russian electronic products sales market, and the background of the Sino-Russian trade cooperation, and to analyze the marketing case from the perspectives of communication means, communication content, cultural adaptability, cultural integration ability, and brand localization by using literature reading and empirical analysis. We also propose improvement measures from four perspectives: setting up a marketing mechanism, improving the accuracy of user profiles, weakening audience resistance, and enriching brand driving force. The project will also provide experience in the industry's marketing communications in Russia and other countries.

Current starting position for the development of the Russian economy

Subject. The article considers the impact of sanctions on various sectors of the Russian economy. Objectives. The focus is on the analysis of risks of the Russian economy destabilization. Methods. The study employs methods of statistical, neural network, and cluster analysis. Results. I highlight important and significant indicators determining the current economic situation in Russia. They include overdue wage arrears, consumer price index, indices of physical volume of GDP and industrial production, funds on escrow accounts of individuals. Conclusions. The results of the study can be used in the development of programs for structural transformation of the Russian economy.

Opportunities for cooperation and the use of China's experience in automotive industry in current Russian conditions

The current economic situation in Russia is characterized by significant instability due to the large sanctions burden provided by the countries of Europe and the United States because of the special military operation in Ukraine. In the emerging conditions, which caused an increase in inflation, currency volatility, the closure of a large number of companies in various market segments, and, consequently, unemployment, almost all economic activity has become very difficult. Thus, domestic automobile production was also affected. One of the latest measures aimed at destabilizing the Russian automotive industry within the framework of the next package of sanctions in March 2022 was a partial ban on the supply of high-tech products to the country and support for the IT-infrastructure of enterprises. Because of the withdrawal of foreign companies from the Russian market, production facilities such as: Volvo Cars, Jaguar, Land Rover, General Motors, Mitsubishi and others has stopped. The number of Russian car dealers by May has decreased significantly compared to the beginning of the year. Thus, about 70 dealer contracts were terminated. One of the largest car plants in Russia Avtovaz has already stopped its operation several times, and soon the French car concern Renault is going to transfer its share to the Central Automobile Research Institute FGUP NAMI with a buy-out option in 56 years and the production of most models of Renault will be stopped. The situation is also complicated by the already existing crisis in the industry due to the global shortage of semiconductors and other automotive components and newly emerged problems with logistics. There is an obvious need to conclude new deals, find new markets for purchasing raw materials and materials, intensify cooperation with friendly countries and use their experience, which can be done on the basis of uniting Russian clusters and foreign technological platforms, namely the TP of China is being considered.

TRADE AND TECHNOLOGICAL PROCESSES AUTOMATION IN RETAIL TRADE IN THE CONTEXT OF INNOVATIVE DEVELOPMENT OF THE ECONOMY

The current economic situation in Russia, complicated by economic sanctions and sanitary and epidemiological conditions, combined with scientific and technological progress, poses new challenges for trade enterprises of various formats in the fight for buyers and their loyalty [4]. The article examines the role and directions of application in the trade and technological process of the store of electronic technologies, which are a kind of indicators of innovation. They allow you to create not only a model of the store's operation, but also to correct it, taking into account the available innovations in the field of technical equipment of the trade enterprise. This toolkit facilitates both organizational and managerial and evaluative and analytical work, which is necessary today even for small stores.
 The article concludes that it is necessary to improve the automation of processes in trade to increase the economic performance and competitiveness of the store. Understanding the specifics, the correct choice of electronic technologies enables the store to more deeply and in a timely manner identify the rapidly changing vector of value preferences of customers, as well as improve the ergonomics of purchases.

AESTHETIC TOURISM AS MODERN ECONOMY BRANCH IN STUDENT VIEW:

The most important trend in the development of the world economy in recent years has been the unprecedented growth of tourism influence and its role, which today is one of the most dynamically developing sectors of the economy. Being aware of all the economic and socio-cultural advantages, the development of tourism in Russia attracts more and more attention every year. The starting point for the development of tourism in this country was the creation of regional programs for the development of this industry. The aim of the study is to identify innovative methods for the development of aesthetic tourism; to determine the role of the creative orientation of the individual in the development of this type of tourism in the representation of students. Research methods: as a research method, a questionnaire survey was used to identify the peculiarities of attitudes to aesthetic tourism. Research results: the article describes the knowledge and attitude of the respondents to aesthetic tourism. Social prerequisites and prospects for the development of aesthetic tourism for the development of Russian regions are studied. The novelty and originality of the study lies in the fact that for the first time the phenomenon of aesthetic tourism was investigated. It is revealed that aesthetic tourism is able to influence the socio-cultural and economic sphere of Russian regions, contributing to business development, improving the investment climate, thanks to the development of the regions attractiveness, and creating jobs for many talented and active people. It is shown that aesthetic tourism, from the student point of view, does not require a sufficiently developed infrastructure, which gives an additional opportunity to develop these innovative projects. It is determined that in order to activate the elements of aesthetic tourism, it is necessary to implement it within the framework of creative industries. It is revealed that the use of this form of tourism is relevant and profitable from the point of view of the current economic situation in Russia and based on the characteristics of the regions, available resources, social and cultural. It is shown that, according to students, aesthetic tourism connects creativity and business; there is a method of creative industries as the most important components of the economy (both at the national level, and at the regional and municipal level). It is determined that in Russia there are some market participants interested in aesthetic tourism, but support for the idea of a creative economy is still only from the bottom - from public organizations and business. It is shown that it is possible to develop aesthetic tourism due to the specifics of creative industries, thereby strengthening the economic component of the tourism industry. Practical significance: The data obtained in this work can be used in the economic sphere, tourism, as well as for further theoretical development of this issue

Specific Features of Russian Economy Development on the Current Stage

The article studies the current economic situation in Russia: problems of economy development, the role of stateowned corporations and small and medium business in economy, problems of their interaction and key lines in development in the near future. The structure of domestic product of the country was described, as well as the role of certain industries of business in its formation. The chief goal of state is to re-orientate from resource-mining to resource – processing, which complies with the concept of added value and shall ensure the sustainable development of economic growth. The authors come to the conclusion that only interaction of big, medium and small business in the country can provide certain success in development, that human factor, interest of workers in results of enterprise work can become a decisive factor on the current stage. Key vectors of economy development in Russia have been identified. It was underlined that state must become an important regulator of market processes in the country. Today Russia must choose its future strategy: it can be either an inertial way of neo-liberal reforms and degrading of scientific potential or mobilization of intellectual resources to restructure economy on principles of developed market with the leading role of state.

Implementation of Anti-Crisis Measures for the Population and Business in the Context of the COVID-19 Pandemic

The coronavirus pandemic has changed the macroeconomic situation worldwide, and for Russia these changes can be particularly dramatic. Over the past seven years, the Russian economy has been stagnating, with all the associated negative trends - capital outflows, declining investment in fixed assets and human capital, and progressive aging of fixed assets. What makes the current situation difficult is the sharp decline or even complete lack of income in the industries most affected by the pandemic shock. This has already led to the mass withdrawal of many small and medium enterprises with no reserves from the market, disruption of production linkages, increased unemployment, and, ultimately, increased poverty. Aim . The presented study aims to summarize, assess, and develop proposals for improving the system of anti-crisis social and business support in Russia with allowance for foreign experience and the fiscal capacity of the monetary system of the Russian Federation. Tasks . The authors examine theoretical concepts that determine the types of economic shocks associated with the pandemic; analyze the predicted impact of COVID-19 on GDP growth in developed and developing countries; consider the main fiscal and tax incentives in international practice; assess the scope of incentives in various countries and in Russia; describe anti-crisis measures taken in Russia at the federal level and in the Kursk region; identify key directions for improving the mechanism and tools of credit and tax policy implementation in Russia. Results . The study determines the potential revenue losses of the Russian budget system and compares Russian practices at the federal level and in the Kursk region with foreign experience. On this basis, the authors assess the effectiveness of anti-crisis measures in Russia with allowance for the requirements and capacity of the fiscal response of the budget system. It is established that the most efficient option involves a comprehensive set of tools to support the Russian economy, some of which would be able to compensate for reduced demand, while others would support businesses and families in the affected sectors of the economy. To this end, it is necessary to continue using various channels to provide support for affected consumers, including by easing monetary policy, granting installments on loans, taxes, utility bills, and direct budgetary and extra-budgetary funding of families left without sources of income. Conclusions . Analysis of the current economic situation in Russia shows that the unique scale of the COVID-19 threat calls for systematic government support measures. The spread of the pandemic crisis and restrictive measures has affected all sectors of the economy. This is why national regulatory and administrative authorities have been taking unprecedented measures to support the population and business since the early days of coronavirus detection in the country. Funds from budgets of all levels and social extra-budgetary funds have been allocated for this purpose, and commercial banks act as guarantors in preferential loans. These circumstances raise the controversial issue of the scope of incentives that can be allowed and whether it can coincide with the scope of necessary anti-crisis measures. The authors provide answers to these questions in this study.

Реализация научно-технологического потенциала: федеральный, региональный и производственный аспекты инновационного развития экономики

The article examines aspects of the implementation of the Russian economy scientific and technological potential from a systematic point of view. The authors proceed from the hypothesis that the low competitiveness of the Russian economy is determined by the profile of its innovation system. The article examines the dynamics of innovation activity costs and analyzes the reasons for the continuing decline in innovation activity that characterizes the current economic situation in Russia. Economic activity at each level will only be a determinant of the innovation development mechanism when it is aimed at creating and implementing new developments in order to generate higher revenues than those that provided the innovation development. It is pointed out that economic policy focused on building national competitive advantages is inseparable from creating a national innovation system. Ways of influence of innovative activity on the solution of social and economic problems are given. The author substantiates the socio-economic conditions necessary for the innovative development of regions. The importance of exports and the development of the enterprise's export potential for the transition to the phase of active structural transformations is evaluated. It is concluded that the formation of the national innovation system requires a balance of scientific and technical potential built into the framework of the state – industry – region – enterprise.

Scenarios of sustainable development of metallurgical industry: simulation modeling

Due to a complicated epidemiological situation, current economic situation in Russia and the world gives a push to new researches in the field of ensure sustainable development in all branches of industry. Methods and tools available today cannot fully provide this, so modern economics needs to develop fundamentally new approaches to the study of industries. Within the framework of this research it is proposed to use simulation modeling to predict scenarios of sustainable development of certain industries, in particular metallurgy, mining of metal ores and production of finished metal products. The research is based on systemic-synergistic approach based on the theory of industrial organization, economic growth and development, system dynamics and mathematical economics. The simulation model of metallurgy and related industries development, which is based on a system dynamic flow – streaming stratification, was designed and developed as a result of this research. Ideas of three-sector model, adapted to the sectoral aspects of the functioning of the economic system, are used in the simulation model. The development allows to simulate various scenarios of the development of the industries under study in order to determine the trajectory of their sustainable development. As a demonstration, three scenarios of the development of industries are presented, taking into account changes in the most important component of the economic system - labor force.

Management of competitiveness of organizations through improved product quality

Analysis and evaluation of approaches to management of quality of food products, development of directions of their management are shown. Also the goal is selection of tools for transformation of competitive position through the formation of a single evaluation model. The current economic situation in Russia, complicated by economic sanctions, shows the importance of studying consumer preferences for the analysis of product quality at a new level. The development of the market of domestic bakery products is mainly hampered by non-compliance with the basic parameters of non-price competition. Therefore, there is a need to systematize the factors affecting competitiveness, their analysis and ranking, decision-making, taking into account the capabilities of a particular enterprise. The methods of analysis of quality management of bakery products to ensure a competitive position at the regional level are implemented. The most significant parameters influencing formation of consumer preferences and perception of quality of bakery products are defined. The econometric model of dependence of parameters of quality of food products which description allows defining and carrying out coordination of strategic decisions on operational management competitiveness of the enterprises of the food industry is developed.

The study of logistics risks in optimizing the company’s transportation process

The scientific article is devoted to the study of logistics risks in the optimization of the company's transportation process. The relevance of this topic is not in doubt, since one of the principles of logistics is reliability in fulfilling obligations to partners in the implementation of logistics operations related to the organization of cargo delivery. The purpose of the scientific article is to study risk analysis methods in the logistics system of cargo delivery to determine ways to optimize the company's transportation process. The following scientific methods are use in the article to study logistical risks: system analysis, scientific literature analysis method, document analysis method, statistical method, comparative analysis, synthesis. The current economic situation in Russia requires the use of new methods and technologies in organizing the delivery of cargo from the manufacturer to the final consumer. The rational use of various combinations of modes of transport in the organization of cargo delivery leads to a decrease in total logistics costs. Logistics solutions aimed at reducing uncertainty in the organization of cargo delivery should contribute to solving the current tasks of cargo delivery, as well as to prevent and reduce possible logistics risks in the future. The article examines the process of logistical risks in the logistics of delivery of goods.

METHODOLOGY OF THE ANALYTICAL SUBSTANTIATION OF STATE FINANCIAL SUPPORT NECESSITY TO THE MANUFACTERS IMPLEMENTED IMPORT REPLACEMENT PROGRAMS

Introduction. Solving the problem of state financial support for commodity producers implementing import substitution programs is becoming relevant in the current economic situation in Russia. The paper briefly describes the options for attracting investment in production and logistics clusters.Materials and methods. The paper uses the methods of synthesis and analysis, system and comparative analysis, expert assessments, principles for constructing economic and organizational structures, problem-oriented and situational approaches. The methodological basis of the study is the works of domestic and foreign scientists in the field of the macro- and mesologistics in the economic system.Results. The technique of analytical substantiation of the state financial support for producers of import substitution programs is presented. A management model for production and logistics clusters to identify the best option for financing investment projects is proposed. Discussion and conclusions. The paper proposes the formation of production and logistics clusters for the initiative to attract investment and support sectors of the national economy, for example, the timber industry complex. Moreover, the necessity of creating territorial innovation clusters based on the principles of public-private partnership is substantiated. The research demonstrates that it is expedient to form production and logistics clusters in order to proactively attract investments and to support the industry from the states since investment risks do not attract large investors for the development of the timber industry complex.

Auditing Activity in Russia: Current State and Problems

The article reveals the mechanism of functioning of the audit service market, which has currently taken shape in the Russian Federation. The author considers that the present-day developed legal framework for implementing of auditing activities should be improved in the future. As an important result of the auditing activity development, the article notes establishment and activities of professional institutions for auditors, as well as formation of the auditing market. The author considers the main indicators of the audit service market and development trends in terms of such indicators as: the number of auditing organizations involved in auditing activities, as well as the number of auditors involved in individual activities in the Russian Federation; the distribution of entities engaged in this activity in the regions (Federal Districts); the distribution of audit organizations in Russia, and other important indicators. The article pays particular attention to the problems associated with work of self-regulatory organizations of auditors. The author concludes that the current economic situation in Russia, which is burdened by sanctions from Western countries, does not contribute to development of the economy, in particular to production, which requires modern technology and investments. Consequently, there arises a reduction in the volume of accounting work and, accordingly, of the volume of audits, which complicates development of auditing activities in the Russian Federation.

Foreign experience in organizing regular pig-gyback service

The economic crisis being overcome by the Russian economy, on the one hand, combined with the inevitable globalisation processes, on the other hand, brings to the forefront the economic efficiency of technical processes associated with environmental safety and the possibility of introduction into the world system. One example of effective use of innovative technologies in the interaction of transport systems in the world is the piggyback transportation.
 Aim: The author has conducted the analysis of international experience of the organisation of the piggyback transportation in order to identify technological solutions suitable for efficient use in the Russian market of intermodal transportation.
 Methods: To assess the efficiency of different technological systems, the author uses comparative analysis methods, inductive reasoning, system approach method. The author has also synthesised the world experience in the organisation of the piggyback transportation.
 Result: The results of the analysis have revealed that the current economic situation in Russia allows the evaluation of innovative transport systems in the first place in terms of the possibility of rapid return, which draws attention to the most economical technologies. In this regard, the use of the rolling highway and Lift-on – Lift-off (Lo-Lo) piggyback systems seems to be the most rational at this stage.
 Conclusion: Since 1990s Russia has made a number of attempts to organise regular piggyback service on certain routes. However, due to the lack of demand for this type of services in the Russian market at the moment, investing in the development of piggyback technology involves high risks. The experience of other countries shows that regardless of the chosen technology, stimulating the demand for innovative "green technologies" is not possible without the participation of governmental bodies. At the same time, the creation of the necessary methodological framework for the organisation of piggyback transportation in Russia is possible by virtue studying the multifaceted world practice of piggyback technology operation in the world.

Theoretical justification for development as an institution for the development of investment and construction

The article is devoted to the theoretical aspects of development, project activities, the search and substantiation of the institutional importance of the development of this direction in the current economic situation in Russia, the construction industry, the problems of realizing development projects and the impact of the quality of operational evaluation of development projects on overall efficiency, efficiency and development of construction activities in a crisis and the quality of project management. An algorithm for the formation of development activity as an institution for the development of the investment and construction sphere in Russia has been developed. Theoretically, the algorithm and methodological approach to the quality management of the development project efficiency is justified.

Organizational and Functional Modeling of Business Processes for Management of the Development Project Efficiency

The article is devoted to development project management issues in the current economic situation in Russia, to the construction industry, to the problems of development projects implementation in Russia and to the impact of the quality of projects in the construction industry, to assessment of the impact of external project environment on the effectiveness of project activities in crisis, as well as to project management quality. A methodological approach to qualitative management of development project efficiency. Actualized methodology interaction of individual units of the implementation process and the development of a development project by construction of houses. The main stages of the development project. The analysis of the current economic situation in Russia.

THE HOUSING AND COMMUNAL SPHERE AS THE MAIN INDICATOR OF QUALITY OF LIFE CHANGES

The article describes the historical experience of the management of the housing and communal sector in Russia, which shows that the state has always paid a lot of attention to this sphere . The article also provides an international experience of management in the apartment buildings ( AB) and the main foreign models of management in communal sphere. This experience of management in the AB is very important and interesting for Russia, because almost 85 % of the population live in such houses. The authors examine the market fundamental principals in the housing and communal sector and the inability of their realization in the current economic situation in Russia. The authors believe that the main approach taken in the early 1990 - s , namely the formation of market relations , will not allow the communal sphere to come for the forefront economic row, either to improve the quality of life of the Russian population or to increase its reproduction . For the population of the country , where the poor can be attributed about 85 %, and who lives in a cold climate ( 60% of Russian territory is above the Arctic Circle ), the housing and communal sphere– is the sphere of survive.