VolRC RAS scientific journal (printed edition)
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Journal section "From the Editorial Board"

The Key Threats to Russia’s Economic Security

Uskova T.V.

1 (99), 2019

Uskova T.V. The key threats to Russia’s economic security. Problems of Territory's Development, 2019, no. 1 (99), pp. 7–16. DOI: 10.15838/ptd.2019.1.99.1

DOI: 10.15838/ptd.2019.1.99.1

Abstract   |   Authors   |   References
Dynamically changing geopolitical and geo-economic conditions put forward new requirements for the national security of the country and its sustainable development. One of the main role in Russia’s structure of national security belongs to its economic security, which guarantees the country’s independence, sustainability and effective functioning of the society. In this regard, monitoring trends in the economic sphere, identifying main risks and threats to economic security, defining measures to reduce their negative impact is very relevant both from a scientific and practical point of view. The article pays great attention to identifying threats, the long-term impact of which reduces Russia’s economic security, makes it vulnerable to external challenges, significantly weakens its position an a global scale. It is shown that the key threats to Russia’s economic security include slow economic growth, continuing structure primitivization, high dependence on the energy sector, technological backwardness of the industrial sector, insufficient investment, capital outflow from the country, low innovation activity, imbalanced budget system, high territorial differentiation. A set of measures to reduce the impact of the identified threats that should be implemented within the framework of economic policy is proposed. It is proved that urgent measures include the development and implementation of the new industrialization strategy, state support for competitive areas and advanced technologies, development of fundamental science, diversification and structural transformation of industry, development of export potential and promotion of import substitution, adjustment of monetary and financial policy, and adoption of the strategy of country’s spatial development aimed at increasing the coherence of the economic space. It is concluded that it is necessary to take this set of measures at all levels of governance

Keywords

economic growth, investment, industry, economic security, new industrialization, economic structure, threats, innovation of the budget system