Far Eastern LNG Production and Exports to China

DOI: 10.24412/2072-8042-2023-3-53-66

Authors: Aleksander Nikolayevich ZAKHAROV,
Doctor of Economic Sciences, Professor , Russian Foreign Trade Academy, Department of World and National Economy, Professor
e-mail: azakharov@vavt.ru;
Alexandra Aleksandrovna KARPOVA,
Russian Foreign Trade Academy, Student of the Faculty of International Economists
e-mail: 1562sasha@mail.ru

The article analyzes the forms of trade and economic cooperation between Russia and China in extraction, production and exports and imports of liquefi ed natural gas (LNG), as well as the development of resources in Far East of Russia. The capabilities for LNG production and its subsequent transportation of Russia in general and the Far East region, in particular, are considered. The existing infrastructure of the region and promising trade and economic projects are analyzed. Emphasis is laid on the peculiarities of China as one of the world’s leading economies, the largest gas consumer and a strategic partner of Russia in the fuel and energy sector. Promising areas for investment and trade and economic cooperation between Russia and China in arranging the sale of Far Eastern LNG to the markets of the Asia-Pacifi c countries are considered.

The Energy Factor in Russia’s Relations with the Western Balkans

DOI: 10.24412/2072-8042-2023-3-67-75

Authors: Tatyana Vladimirovna AKHMADULINA,
Candidate of pedagogical sciences , Russian Foreign Trade Academy Department of world and national economy, Associate Professor
e-mail: tvakhmadulina@gmail.com
Polina Vitalievna LAZAREVA,
Russian Foreign Trade Academy, Department of World and National Economy , Postgraduate student
e-mail: lazarevapolin88@gmail.com

The relevance of the study of Russia’s foreign energy policy is an important political and economic task. Th e article considers and analyzes the current energy trade of Russia with foreign countries in current conditions. The role of the Western Balkan countries as transit countries of energy resources is highlighted. Possible areas of cooperation are demonstrated, taking into account the sharpening of sanctions and the changing world order. The Russian infrastructure projects in the countries of the Western Balkans are demonstrated

Development of Export-Import Container Transportation under Current Global Economic Conditions

DOI: 10.24412/2072-8042-2023-3-84-96

Author: Nikita Vyacheslavovich SHCHERBININ,
Russian Foreign Trade Academy, Faculty of Foreign Trade Management , Master’s student
e-mail: scherbi.nik@yandex.ru

The article analyzes the main trends in Russia’s container market in the current conditions, taking into account the industry volatility and the changing external environment. Due to the restrictions imposed by major container lines on Russia’s international cargo, it is necessary to maintain the appropriate transport infrastructure and promotion of foreign trade. Thus, Russia initiated the reorientation of its cargo fl ows focusing on Asia-Pacifi c region – Russia and South Asia – Russia, along with the services expansion of the container lines and operators which continued to operate on the market in a regular mod

Industrial Sector Contribution to Overall Economic Growth in Modern World Practice

DOI: 10.24412/2072-8042-2023-3-10-28

Author: Andrey Aleksandrovich MALTSEV,
Doctor of Economic Sciences, Professor , Institute of Economics of the Ural Branch of the RAS, Leading Researcher
e-mail: maltsevaa@list.ru

The changes in the contribution of the manufacturing to national GDP (Manufacturing Value Added (MVA) as a share of GDP (%)) are analyzed on the example of the 50 leading countries by industrial output since the beginning of the XXI century. Th e paper is aimed at determining new trends in the global economic landscape basing on the obtained data. Th erefore, three groups of countries by the share of MVA to GDP are singled out: de-industrialized (USA, Great Britain, etc.); adherents of traditional industrial specialization with practically unchanged share of the manufacturing sector in the economy over 2004-2021 (Japan, Germany, Switzerland); and countries with sharply increased industrial growth over the past two decades (Turkey, Bangladesh, Iran). Th ere is an undeniable correlation between the presence of industrial base and overall economic growth. Of the 28 countries that achieved double-digit annual GDP growth in 2021, 5 are in the top 50 of the world industrial ranking. 17 leading industrial countries outperformed the global average GDP growth rate in 2021, and many countries achieved their best results in recent years. For example, Russia’s GDP growth (4.7%) was the highest since 2008, and Saudi Arabia’s (3.2%) since 2015. Based on the fi ndings, possible adjustments in Russia’s industrial policy under sanctions are suggested.

BRICS National Interests in Science and Technology Cooperation

DOI: 10.24412/2072-8042-2023-3-29-40

Author: Gleb Viktorovich OLEYNIK,
Financial University under the Government of the Russian Federation , 2nd year graduate student of the International Economic Relations Faculty
e-mail: gleb_grw@mail.ru

The paper analyzes the core strategic and forecast documents of Russia and the BRICS member countries as part of developing a long-term science and technology cooperation. In addition, the basic principles and national priorities of the countries in promoting economic integration in the science and technology fi eld are considered. Th e technology cooperation between the BRICS countries and Russia is also analyzed. It is concluded that the countries should expand science and technology cooperation in order to improve their economic and social development in the current macroeconomic realities.

Expansion of Asset Sharing in the Global Economy

DOI: 10.24412/2072-8042-2023-3-41-52

Authors: Aleksander Nikolayevich ZELENUK,
Candidate of Economic Sciences , Moscow State Institute of International Relations (University) MFA Russia, Department of Economic Theory, Assistant Professor
e-mail: sanya.zelenyuk.75@bk.ru
Victor Nikolayevich KIRILLOV,
Doctor of Economic Sciences, Professor, , The State University of Management, Department of World Economy, Professor,
e-mail: kirillov44@yandex.ru
Yuri Anatolievich SAVINOV,
Doctor of Economic Sciences, Professor , Russian Foreign Trade Academy, Department of international trade and foreign trade of RF , Professor
e-mail: Yuriy_Savinov@vavt.ru

New forms of employment and methods of labour activity are emerging in the world economy under the infl uence of scientifi c and technological progress. The demand for relatively new forms of labour contributes to changes in the nature of new industries, leads to structural shift s in the economy. The expansion of asset sharing in the modern economy is one of these trends. Experts have calculated that it is more profi table to borrow an idle asset for temporary use than to buy it. The markets for vehicles, hotel rooms, offi ce space, tourist accommodation booking services have embraced the trend most extensively. Th e demand for temporarily idle assets has captured both industrialized and developing countries. The process under consideration leads to an increase in the economic eff ect of empty offi ces, parked vehicles, unused types of equipment and appliances in any country’s economy. The expansion of the practice of asset sharing could objectively result in higher effi ciency of social production and acceleration of economic growth.