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Authors

Sokolov YU. I.

Degree
PhD (Economics), Senior Research Fellow, Competitiveness Issues Department, Institute for Economics, Russian Academy of Sciences
Articles

Russian economy competitiveness and the reproduction of capital in the global economy

The global economy and the national economies exert some influence upon one another, and the influence is increasing. International migration of financial, commercial, current, innovation-based, and intellectual capitals makes the national and world market competition fiercer and changes the market organization. The national economies become more intertwined, and the modern core capital extended reproduction opportunities depend on this interdependency. The globalization and the competition itself influence the developed and underdeveloped economies' development but the patterns of influence are different for the two economy types. The issues connected with the globalization con¬sequences and the permanent economic entities' wishes to be independent are still unresolved. The Russian economy keeps increasing the volumes of the exported equipment needed for the key core capital reproduction sectors. As a result, it is becoming increasingly dependent on the competitors' behavior. The prospects related to the innovations introduction are vague.
Read more...

Russian economy competitiveness and the reproduction of capital in the global economy

The global economy and the national economies exert some influence upon one another, and the influence is increasing. International migration of financial, commercial, current, innovation-based, and intellectual capitals makes the national and world market competition fiercer and changes the market organization. The national economies become more intertwined, and the modern core capital extended reproduction opportunities depend on this interdependency. The globalization and the competition itself influence the developed and underdeveloped economies' development but the patterns of influence are different for the two economy types. The issues connected with the globalization consequences and the permanent economic entities' wishes to be independent are still unresolved. The Russian economy keeps increasing the volumes of the exported equipment needed for the key core capital reproduction sectors. As a result, it is becoming increasingly dependent on the competitors' behavior. The prospects related to the innovations introduction are vague.
Read more...