The Belt and Road Initiative today is one of the biggest integrational projects in the world. It connects Asia, Africa and Europe, so it is no surprise that the European countries tend to assess their benefits and losses from taking part in it. The Southern European economies are willing to participate...

Slovenia is one of the leading countries in the sphere of alternative energy production in the EU. Consequently, developing this sector is one of the best tracks for economy development of the country. There are several issues in the process of alternative energy transformation in Slovenia, mainly connected...

The development of innovations is the key trend in the sustainable economic development of the countries and corporations all over the world. Huawei has proved to be one of the most efficient innovators on the market and conquered a significant niche on the global high-tech market. The authors put forward...

The Russian energy market is one of the most developed in the world; and Russia is one of the biggest oil and gas exporters. The market transition to alternative energy and shale oil is very slow and insignificant. The modernization of the energy market dictates the needs to change the national markets....

The cooperation between Russia and Vietnam in the current conditions of global turbulence and the stagnation of the Russian economy development is one of the major and most efficient ways of reviving the growth ratios. The Vietnamese economy is also seeking development drivers, so a partnership with...

The Shanghai Cooperation Organization is one of the leading security organizations in the world; still, the current changes in the global integrational processes dictate the necessity of introduction of the financial components in every integration initiative. Hence, the analysis of the prospects of...

Nowadays Asia is undergoing large-scale transformations in the oil and gas industry. These transformations affect, in particular, the aspect of contract currency and currency risks in international energy trade. Despite the political background, there is a significant economic component in this process....

Modern international relations are marked by increased instability, the emergence of new armed conflicts and exacerbation of old ones, threats coming from international terrorism, as well as challenges to international peace and security. In such conditions, not a single subject of international law...

The study aims to identify the impact of digitalization on the sustainability of the logistics infrastructure of import-substituting supply chains in the EAEU. The purpose of the article is to determine the general economic and specific factors of the formation and placement of logistics infrastructure...

The “Made in China 2025” program is one of the tools for structural reformatting of the Chinese national economy. This is a comprehensive program, the implementation mechanisms of which may not be acceptable to other countries, because they reflect the Chinese specifics of social development. The introduction...

The article covers the international legal status of the Caspian Sea. For more than 20 years, the international legal status of the Caspian Sea has been an important aspect of the foreign policy of the Caspian states and not only that, due to the preservation of peace, mutually beneficial cooperation...

The article considers the tasks related to the development of the shipbuilding industry in the Arctic. The analysis of the development prospects of the Northern Sea Route and its value for Russia and the world as a whole is carried out. Recommendations are given on increasing icebreaking support, development...

The article covers the key aspects of sustainable development of the global LNG market within the framework of energy security criteria for LNG importers and exporters. The authors emphasize the role of LNG in shaping the global gas market. Particular attention is paid to ensuring the security of LNG...

The article covers the correlation between EAEU internal cooperation and Russian national economic security. The main hypothesis of the article is that productive cooperation within the Union is a key factor in strengthening Russian national economic security. The author has developed an inclusiveness...

The novelty of the article consists in the analysis of the "Concept of the Formation of the Common Market of the Eurasian Economic Union (EAEU) countries" on the basis of its interrelation with the process of reproduction taking into account the "Declaration on Further Development of Integration Processes...

The article uses World Bank methodological approaches to show that the BRICS countries have very significant differences in their level of development, which impact on the share of the extremely poor. Using two key indicators: GNI per capita and human capital index, the author shows that 5 countries...

The importance of infrastructure development for economic growth has been confirmed by a number of scientific studies, and at present this thesis is practically not in doubt. Nevertheless, the most countries cannot solve the challenges facing them in the field of infrastructure on their own. That is...

The article analyzes the possibility of gradual transition to polycentrism in international monetary relations. Highlighted controversial issues, the solution of which depends on the degree of de-dollarization of international monetary relations and a reduction in geopolitical risks and reducing losses...

The purpose of this study is to develop analytical tools to assess and predict the likelihood of bankruptcy, as well as the possibility of its use in financial and consulting technology Due Diligence. The proposed methodology for assessing and forecasting the risks of financial insolvency of a company...

The article analyzes the policy of the Indian Government aimed at boosting national production and export by stimulating the FDI inflow attractiveness. To this end, the authorities removed restrictions on national and foreign investments to many sectors of the national economy and improved business climate...

The authors present a brief overview and motives for expanding of the Korean presence in the Arctic. The bilateral interaction between Russia and Korea in the economic and political sphere is analyzed. The authors conclude with highlighting topical issues of Russo-Korean relations in the Arctic and propose...

The article discusses the economic cooperation of the member-states within the Shanghai Cooperation Organization. The SCO was originally established as an organization aimed at ensuring security in the region and countering the “three evils” – terrorism, extremism and separatism. However, over time,...

Innovations are the main drivers of growth in the modern world. The development of new technologies allows the economies of the countries, by introducing them to benefit from higher revenues and provide better living standards for their citizens. At the current stage of development Mongolia is in desperate...

The paper covers an important theme of the development of one of the basic industries of the Russian economy – the civil aviation production. The current situation in the Russian industry leaves much space for the development, as at the current stage, the stagnation, caused by the USSR fall has not yet...

Azerbaijan is one of the best developed economies in CIS, its oil and gas sector contributes to the development of the country the most significant part. At the same time, the innovative sector plays a very important role in the contemporary situation – the oil prices are hard to predict, the global...

The article deals with the problems of economic cooperation within the framework of the Shanghai Cooperation Organization. The author identifies the main lines of disagreement between the members of the organization and important areas in which it is necessary to increase cooperation among the member...

The article covers a wide theme of fintech development in China and its effects on the Chinese economy. The article pinpoints the main benefits for the economy that fintech provides. In addition to that, the authors cover a range of specific problems of the Chinese financial sector, revealing the new...

The paper investigates the specifics of intraindustry trade in machine building in the EAEU in 2011-2018. Major quantitative tool applied is Grubel-Lloyd index computed for 10 pairs of the EAEU states. It has been revealed that mutual trade in machine building between Belarus and Russia is predominantly...

The study traces the major changes in the world community approaches to the agricultural policy shaping in response to digitization. The evolution of agricultural policy affected by high technologies is an important trend in the late 20th and early 21st century. In the last decade, the focus on creating...

The authors consider the main existing models of national and supranational strategic planning. Currently, the western and eastern models of strategic planning are most widely used. Within the Western model, American and European stand out. The authors note the advantages and disadvantages of each of...

The article is devoted to the assessment of integration effects in mutual trade of the EAEU member States. The analysis and assessment of volumes of mutual trade in goods of the EAEU member states in 2012-2018. The factors of growth of mutual trade between the EAEU countries, the barriers, exceptions...

The novelty of the article consists in a systematic approach to the analysis of mutual settlements in the national currencies of the Eurasian Economic Union (EAEU) on the basis of the upward and downward connection to its integration development. The systemic approach has revealed the fundamental reason...

In recent decades, the world economy is characterized by the processes of informatization and digitalization, which cause significant changes in all spheres of life. Over the past five years, many countries have been developing and implementing programs for the development of the digital economy. In...

The paper discusses methodological issues related to the development and implementation of good budgetary policy. The basic assumption is that modern challenges indicate that the budgetary policy is an appropriate tool to ensure countercyclical management efficiency and social equity. The analysis suggests...

The article covers the experience in implementing the cluster approach in the economy of some European countries. It is revealed that nowadays industrial progress is provided not by isolated companies but by their associations, groups and clusters. The authors analyzed the activity of the European organizations...

The increasing role of the financial sector has become the objective reality of the modern world. The process of financialization has led to the transformation of commodity markets into financial ones. Pricing in the world of finance is based primarily on the volume of money supply and the availability...

The article is devoted to the peculiarities of regional venture ecosystems functioning in a context of digital economy development. Facility development for venture projects financing is one of the strategic targets of the state policy in innovation development. The aim of the study is to provide reasonable...

The paper covers the issues of venture projects funding as development of the relevant funding vehicles is seen as one of the strategic benchmarks of Russian public policy in terms of innovations development and support. It reviews current methods used, their advantages and limitations. Methods employed...

Small innovation entrepreneurship nowadays suffers certain difficulties related to finding financial resources for starting up and development. Financing innovation projects of small entrepreneurship allows to solve several problems simultaneously, such as creating more jobs, improving welfare of the...

The article discusses the issues of getting energy legislation into an integrated system as a necessary basis for the formation of energy law as a branch of the Russian legal system.

The article covers a specific theme of the influence the federal budget structure on gross domestic product (GDP) dynamics, using correlation analysis for the period since 2008 to 2018y. The main hypothesis of the article is that exist the influence the federal budget structure revenues on the gross...

The article is devoted to the development of the global transport system in the context of the transformation of the geopolitical space, the main directions of the development of the transport component of the economy in the global food system are substantiated.

The article discusses current trends and priorities of Russia's positioning in the international trade and economic system, reveals the strengths and weaknesses of Russia's participation in integration projects in the post-Soviet space, new challenges in this area, shows the need for the Eurasian neighborhood...

The article is devoted to the problem of understanding the role and application of refinancing of banking systems in order to stimulate economic growth. Differences in the impact of refinancing instruments of central banks on the economic performance of 13 countries are considered. Countries with different...