Analysis of the level of structural resilience of the Russian economy in the context of neo-protectionism

Автор: Chichilimov S.V.

Журнал: Теория и практика общественного развития @teoria-practica

Рубрика: Экономика

Статья в выпуске: 5, 2024 года.

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The 21st century has witnessed a pronounced intensification of competition among global economic leaders and contenders for their positions. This fact has become one of the drivers behind the proliferation of trade wars. Amidst the fragmentation of the global geo-economic space and the onset of a new wave of innovation, the diminishing effectiveness of traditional protective measures becomes evident. In these realities, existing forms of hidden protectionism are being transformed into a legalized version of neo-protectionism. The catalyst for the change in protective mechanisms is the process of legitimizing covert protectionism and the establishment of a system of secondary and tertiary sanctions. The formation of the neo-protectionist system occurs on two planes: on one hand, there is the pursuit of protecting the hegemon’s positions by restraining the economic development of immediate competitors, while on the other hand, countries aspiring to leadership seek ways to counteract through the initiation of countermeasures. In the face of mounting neo-protectionist pressures, ensuring sufficient resilience of the country’s economic system becomes an extremely important task. To assess the level of resilience of the Russian economy, the author’s methodology is proposed. This article applies this methodology, exemplified by the structural component of Russia’s economic sovereignty during the period from 2015 to 2021, identifying potential leverage points for enhancing resilience in the context of structural sovereignty. In conclusion, the analysis underscores the imperative of fortifying the structural resilience of the Russian economy amidst the challenges posed by neo-protectionism. By employing innovative methodologies and strategic foresight, policymakers can identify and address vulnerabilities, thereby enhancing the nation’s capacity to withstand external pressures and navigate turbulent global economic currents. As Russia continues to adapt to the evolving landscape of international trade dynamics, fostering resilience at the structural level remains paramount for ensuring sustained economic stability and sovereignty.

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World economy, neoprotectionism, state regulation of foreign trade activities, sanctions, hidden protectionism

Короткий адрес: https://sciup.org/149145460

IDR: 149145460   |   DOI: 10.24158/tipor.2024.5.19

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