Preview

MIR (Modernization. Innovation. Research)

Advanced search

Formation of methodological foundations for the analysis of national development in conditions of foreign economic discrimination

https://doi.org/10.18184/2079-4665.2024.15.2.192-208

Abstract

Purpose: is to form a conceptual approach to the analysis of the macroeconomic effects of external sanctions based on increasing the information content of the use of technical indicators in assessing the stability and vulnerability of the national economy to the effects of discriminatory restrictions in foreign economic activity. Methods: the study is based on the processing and analysis of data obtained as a result of content analysis of a significant number of scientific, scientific-practical, and expert sources of information.
Methods of scientific generalization and classification, economic, expert and statistical analysis were used.
Results: the analysis of the impact of sanctions restrictions on the key indicators of the characteristics of sustainable and innovative development of the discriminated national economy is carried out. An approach to assessing the impact of sanctions is presented based on a conjugate analysis of the dynamics of target groupings of indicators. An example of calculations, visualization and interpretation of the results of assessing sanctions resistance and export-import dependence of the national economy based on a set of technical indicators for significant areas of socio-economic development of the discriminated country is illustrated. The scope of application of the proposed approach in the formation of the development strategy and program (in terms of the implementation of the process of import substitution, ensuring technological independence and structural adaptation of the economy) is justified, taking into account the risks of sanctions restrictions.
Conclusions and Relevance: the proposed approach to the analysis of sanctions restrictions based on the combined use of technical criteria for the dynamics of grouped indicators provides an increase in the reliability of estimates of their negative impact. However, aggregated estimates do not allow us to justify selective and targeted measures aimed at adapting the institutional and organizational conditions of the activities of specific economic agents in key areas of the national economy. A possible direction for further research may be the development of methodological and analytical tools for assessing the sanctions stability of economic sectors to substantiate the priorities of ensuring their technological independence.

About the Author

O. M. Pisareva
State University of Management
Russian Federation

Olga M. Pisareva, Candidate of Economic Sciences, Associate Professor; Head of department of mathematical methods in Economics and management; Director of Information Systems Institute

Researcher ID: S-3225-2018, Scopus ID: 57200260200

Moscow



References

1. Egorov A.V. Lessons of ancient economic wars. Russian Journal of Money and Finance. 2016; (6):74–77. EDN: https://elibrary.ru/vzvjpn (In Russ.)

2. Hufbauer G.C., Schott J.J., Elliott K.A. Economic sanctions reconsidered: history and current policy. Washington, DC: Institute for International Economics, 1985. 753 p. URL: https://archive.org/details/economicsanction0000hufb (accessed 14.09.2023) (In Eng.)

3. Grieve M.J. Economic sanctions, theory and practice. International Relations. 1968; 33(1):431–443. URL: https://www.sci-hub.ru/10.1177/004711786900300603?ysclid=lve01d1qwq226508179 (accessed 14.09.2023) (In Eng.)

4. Baldwin D.A., Pape R.A. Evaluating economic sanctions. International Security. 1998; 23(2):189–198. https://doi.org/10.1162/isec.23.2.189 (In Eng.)

5. Ponomarenko E.V. Political economy and sanctions against Russia: causes and consequences, expert opinion. International trade and trade policy. 2022; (3(31)):7–23 EDN: https://elibrary.ru/ogajyr.https://doi.org/10.21686/2410-7395-2022-3-7-23 (In Russ.)

6. Becker G.S. The economics of discrimination. Chicago: Chicago University Press, 1957. 137 p. URL: https://archive.org/details/economicsofdiscr0000beck_d0t6 (accessed 14.09.2023) (In Eng.)

7. Keshner M.V. Economic sanctions in modern international law. Moscow: Prospekt, 2015. 184 p. URL: https://search.rsl.ru/ru/record/01007842706?ysclid=lrg1d97ozj319429475 (accessed 14.09.2023) (In Russ.)

8. Knobel A.Y., Proka K.A., Bagdasaryan K.M. The theory and practice of international economic sanctions. Journal of the New Economic Association. 2019; (3(43)):152–162. EDN: https://elibrary.ru/oqpsfe. https://doi.org/10.31737/2221-2264-2019-43-3-7 (In Russ.)

9. Volchkova N.A., Kuznetsova P.O. How much do counter-sanctions cost: a well-being analysis. Journal of the New Economic Association. 2019; (3(43)):173–183. EDN: https://elibrary.ru/vhahhk. https://doi.org/10.31737/2221-2264-2019-43-3-9 (In Russ.)

10. Dashti-Gibson J., Davis P., Radcliff B. On the determinants of the success of economic sanctions: An empirical analysis. American Journal of Political Science. 1997; 41(2):608–618. https://doi.org/10.2307/2111779 (In Eng.)

11. Belikov E.O. Economic sanctions and their dual impact on Russia’s economy. Innovations and Investments. 2023; (3):28–31. EDN: https://elibrary.ru/nkgnnh (In Eng.)

12. Oye K.A. Economic discrimination and political exchange: world political economy in the 1930s and 1980s. Princeton (N.J.): Princeton University Press. 1993. 252 p. URL: https://archive.org/details/economicdiscrimi0000oyek_f4n2 (accessed 14.09.2023) (In Eng.)

13. Pishik V.Ya., Alekseev P.V. Features and directions of transformation of the management model of the financial and economic system of Russia in the context of increasing global challenges. Economy. Taxes. Right. 2022; 15(4):6–16. EDN: https://elibrary.ru/fkoycb. https://doi.org/10.26794/1999-849X-2022-15-4-6-16 (In Russ.)

14. Korhonen I. Sanctions and counter-sanctions – what are their economic effects in Russia and elsewhere? Journal of the New Economic Association. 2019; (3(43)):184–190. EDN: https://elibrary.ru/bgeitd. https://doi.org/10.31737/2221-2264-2019-43-3-10 (In Eng.)

15. Belozyorov S.A., Sokolovska O. Economic sanctions against Russia: assessing the policies to overcome their impact. Economy of region. 2020; 16(4):1115–1131. EDN: https://elibrary.ru/sxhvod. https://doi.org/10.17059/ekon.reg.2020-4-8 (In Eng.)

16. Kholodilin K., Netsunjaev A. Crimea and punishment: the impact of sanctions on Russian economy and economies of the Euro area. Baltic Journal of Economics. 2019; 19(1):39–51. https://doi.org/10.1080/1406099X.2018.1547566 (In Eng.)

17. Knobel A.Yu., Bagdasaryan K.M., Loschenkova A.N., Proka K.A. Sanctions: seriously and for a long time. RANEPA. Scientific reports: economics. Moscow: Delo Publishing House, 2019. 80 p. URL: https://search.rsl.ru/ru/record/01009869005?ysclid=lrg1f67188727511392 (accessed 14.09.2023) (In Russ.)

18. Eaton J., Engers M. Sanctions: some simple analytics. American Economic Review. 1999; 89(2):409–414. https://doi.org/10.1257/aer.89.2.409 (In Eng.)

19. Drezner D.W. The hidden hand of economic coercion. International Organization. 2003; 57(3):643–659. https://doi.org/10.1017/S0020818303573052 (In Eng.)

20. Eaton J., Kortum S. Technology, geography and trade. Econometrica. 2002; 70(5):1741–1779. https://doi.org/10.1111/1468-0262.00352 (In Eng.)

21. Razumnova L.L., Savina N.P. The structural transformation outlines of the Russian economy under sanctions restrictions. Journal of Economy and Entrepreneurship. 2022; (9(146)):95–104. EDN: https://elibrary.ru/skohoc. https://doi.org/10.34925/EIP.2022.146.9.015 (In Russ.)

22. Bonetti S. A test of the public choice theory of economic sanctions. Applied Economics Letters. 1997; 4(12):729–732. https://doi.org/10.1080/758528716 (In Eng.)

23. Kaempfer W.H., Lowenberg A.D. The political economy of economic sanctions. In: Handbook of Defense Economics. 2007. Vol. 2. P. 867–911. https://doi.org/10.1016/S1574-0013(06)02027-8 (In Eng.)

24. Anderson J., van Wincoop E. Gravity with gravitas: A solution to the border puzzle. American Economic Review. 2003; 93(1):170–192. https://doi.org/10.1257/000282803321455214 (In Eng.)

25. Slavov S.T. Innocent or Non-so-innocent bystanders: evidence from the gravity model of international trade about the effects of UN anctions on Neighbour Ccountries. The World Economy. 2007; 30(11):1701–1725. https://doi.org/10.1111/j.1467-9701.2007.01026.x (In Eng.)

26. Spartak A.N. Transition to the new world economic order: essential stages, basic features, challenges and policies for Russia. Russian Foreign Economic Journal. 2022; (7):7–29. EDN: https://www.elibrary.ru/soliaz. https://doi.org/10.24412/2072-8042-2022-7-7-29 (In Russ.)

27. McKeil A. Revisiting the world order models project: A case for renewal? Global Policy. 2022; 13(4):417–426. https://doi.org/10.1111/1758-5899.13070 (In Eng.)

28. Blokhin K.V. Russia and the West. Military-political conflict in 2022. Changing the rules of the game. Free thought. 2022; (2(1692)):25–34. EDN: https://elibrary.ru/aeolht (In Russ.)

29. Franck T. On proportionality of countermeasures in international law. American Journal of International Law. 2008; 102(4):715–767. https://doi.org/10.2307/20456680 (In Eng.)

30. Gnidchenko A.A., Salnikov V.A. Dynamics of Russia's competitive positions on foreign markets. Studies on Russian Economic Development. 2013; 24(6):555–569. EDN: https://elibrary.ru/qpdlzr. https://doi.org/10.1134/S1075700713060051 (In Eng.)

31. Gultyaeva M.A., Belorusova I.A., Ozhegov V.O. Nationalization and expropriation of foreign companies under sanctions. Theory of law and interstate relations. 2022; 2(5(25)):823–828. EDN: https://elibrary.ru/eeaaue (In Russ.)

32. Sukharev O.S., Voronchikhina E.N. Sustainable development under sanctions: managing the Russian economy. Bulletin of the South-Russian State technical university (NPI). Series: Socio-economic sciences. 2023; 16(5):173–182. EDN: https://elibrary.ru/ixhbse. https://doi.org/10.17213/2075-2067-2023-5-173-182 (In Eng.)


Review

For citations:


Pisareva O.M. Formation of methodological foundations for the analysis of national development in conditions of foreign economic discrimination. MIR (Modernization. Innovation. Research). 2024;15(2):192-208. (In Russ.) https://doi.org/10.18184/2079-4665.2024.15.2.192-208

Views: 376


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2079-4665 (Print)
ISSN 2411-796X (Online)