TY - JOUR

T1 - ГЛОБАЛИЗАЦИЯ И РОССИЯ: НУЖНЫ ЛИ НОВЫЕ ПРИОРИТЕТЫ?

AU - Сутырин, Сергей Феликсович

AU - Коргун, Ирина Александровна

PY - 2024

Y1 - 2024

N2 - This paper contributes to a discussion on globalization and its prospects. Authors argue that the existing definition of globalization is, at least, incomplete as it focuses too much on macroeconomic aspects while ignoring the role played by international businesses in global trade and investments. Linking globalization with production and distribution decisions made by multination companies would alleviate ambiguity surrounding populist proclamations that globalization is over. Research argues that globalization is far from over because multinational companies are far from retreating from their global activities, but the nature of this activities is undergoing fundament changes in response to new technological trends. In the coming years services, data, rise of production robots will change the way global trade and investments are done and thus, will change how globalization is viewed at. Geopolitical developments challenge Russia’s participation in globalization, and the country has to seek answers for how position itself in the world economy. This search is complicated by the fact that in the previous 30 years a lot of efforts has been spent on the so-called integration into the world economy that has resulted in an excessive dependence of parts of the national economy on foreign markets. New sources of economic growth need to be uncovered. Authors suggest that rather then retreating from the global scene, Russia needs to refocus its efforts away from external trade for the sake of external trade towards an active participation in global economic governance and propose its own vision on how to face the new global trends.

AB - This paper contributes to a discussion on globalization and its prospects. Authors argue that the existing definition of globalization is, at least, incomplete as it focuses too much on macroeconomic aspects while ignoring the role played by international businesses in global trade and investments. Linking globalization with production and distribution decisions made by multination companies would alleviate ambiguity surrounding populist proclamations that globalization is over. Research argues that globalization is far from over because multinational companies are far from retreating from their global activities, but the nature of this activities is undergoing fundament changes in response to new technological trends. In the coming years services, data, rise of production robots will change the way global trade and investments are done and thus, will change how globalization is viewed at. Geopolitical developments challenge Russia’s participation in globalization, and the country has to seek answers for how position itself in the world economy. This search is complicated by the fact that in the previous 30 years a lot of efforts has been spent on the so-called integration into the world economy that has resulted in an excessive dependence of parts of the national economy on foreign markets. New sources of economic growth need to be uncovered. Authors suggest that rather then retreating from the global scene, Russia needs to refocus its efforts away from external trade for the sake of external trade towards an active participation in global economic governance and propose its own vision on how to face the new global trends.

KW - FDI

KW - Russia

KW - deglobalization

KW - globalization

KW - international trade

KW - multinational business

KW - world economy

UR - https://www.mendeley.com/catalogue/7a277457-bdac-3610-9d84-a1fdb07c8487/

U2 - 10.20542/0131-2227-2024-68-1-74-84

DO - 10.20542/0131-2227-2024-68-1-74-84

M3 - статья

VL - 68

SP - 74

EP - 84

JO - МИРОВАЯ ЭКОНОМИКА И МЕЖДУНАРОДНЫЕ ОТНОШЕНИЯ

JF - МИРОВАЯ ЭКОНОМИКА И МЕЖДУНАРОДНЫЕ ОТНОШЕНИЯ

SN - 0131-2227

IS - 1

ER -