Structural dynamic shifts in the Russian macroeconomics in the period of global challenges

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Keywords:

Gross domestic product, Intermediate consumption, Value added, Dynamics, structure, National development goals, Macroeconomics

Abstract

The Russian economy is one of the most influential economies in the world, since it is fully capable of self-sufficiency in basic foodstuffs, exporting food, being a global technological leader in many industries. In recent years, the Russian economy has been facing major external economic and political threats, which makes it necessary to restructure the macroeconomics in order to increase its financial stability and efficiency. The main provisions of the Decree of the President of Russia on the goals of national development until 2030 were considered. The research purpose is to study the transition period in the economy to its more progressive structure in 2016-2019 in terms of the most important components of the gross product: intermediate consumption, value added, exports, imports, trade and transport margins. The research objectives are related to the study of the influencing factors on the dynamics of macroeconomic indicators, forecasting further changes. The scientific novelty of the study lies in the assessment of progressive changes in the dynamics and structure of the Russian macroeconomics. The practical significance of the study lies in the possibility of predicting structural changes based on the identified trends. It is also possible to create a new methodology for assessing the contribution of Russia’s real economy to world trade, based on the presence of signs of its more progressive way of life, high financial stability and efficiency.

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Published

2022-12-30