Normalization of Relations Between Russia and Georgia Relies on Implementation of Mutually Beneficial Projects

#2. Alliance Great
Normalization of Relations Between Russia and Georgia Relies on Implementation of Mutually Beneficial ProjectsNormalization of Relations Between Russia and Georgia Relies on Implementation of Mutually Beneficial Projects

The article dwells on normalization of bilateral relations between Russia and Georgia. Developing ways of economic cooperation within international projects, as well as implementation of joint projects will allow to establish relations between two countries.

While the Recession. What’s Next?

#2. Alliance Great
While the Recession. What’s Next?While the Recession. What’s Next?

Changing of a conjuncture index of “Economic strategy” (CIES) for 2016 is considered. The contribution of indicators of supply and demand in CIES is estimated. The analysis of industrial production is carried out.

Restoring Syrian Economy: Formation of Russian Infrastructural Nucleus in the Middle East Node of the World Strategic Projects

#1. Long-Lasting Choice
Restoring Syrian Economy: Formation of Russian Infrastructural Nucleus in the Middle East Node of the World Strategic ProjectsRestoring Syrian Economy: Formation of Russian Infrastructural Nucleus in the Middle East Node of the World Strategic Projects

Russian strategy in assisting the legitimate leadership of Syria in their fight against terrorist groups has shown the beginning of a qualitatively new stage: not only the USA, but also Russia can now restore law and order in the most important regions of the world. The next Russia’s step in gaining back its role and recognized status of superpower shall be organization of successful reconstruction of Syria’s economy, destroyed by the terrorist war, in conditions of critical limitations of the Syrian national resources for these purposes. This requires elaboration and implementation of Russia’s equivalent of the Marshall Plan. It is proposed to concentrate Russian economic aid and investments in those sectors of the Syrian infrastructure development, that are the most promising for the Russian and Syrian interests, with the key positioning of objects restored or created with Russian participation. The basic imperative here is adjusting in Syria a new model of the Russian opportunities realization in key sectors (nodes) of the global strategic projects implementation as the new format of the Middle East development.

Macroeconomic Assessment of the CIS Countries Economic Development Trends

#1. Long-Lasting Choice
Macroeconomic Assessment of the CIS Countries Economic Development TrendsMacroeconomic Assessment of the CIS Countries Economic Development Trends

The article presents a macroeconomic analysis of the main trends of the CIS countries’ economic development for the past 25 years, the author carried out a comprehensive comparative analysis in terms of GDP, the level of income and investments, as well as evaluated the structure and sources of economic growth. The paper proposes and substantiates a number of classification criteria, on the basis of which the countries were ranked.

The Problem of Organizing Economic Growth: Divergence of Views

#1. Long-Lasting Choice
The Problem of Organizing Economic Growth: Divergence of ViewsThe Problem of Organizing Economic Growth: Divergence of Views

The subject of the study was the problem of elaborating the economic growth policy in Russia. The economy’s exit from recession requires justification of government policy measures contributing not only to overcome the crisis, but also to bring the economy to a path of sustainable economic growth at a given rate. The article deals with positions of economists, representing two major camps in their views on the economic policy of growth — expansionists and restrictionists. The first are in favor of active stimulation of the economy by means of budgetary and monetary policy, while the latter profess policy of cutting expenditures and carrying out individual reforms which, in their view, will improve the quality of economy functioning (judicial reform, privatization, etc.). Applying comparative analysis, based on the facts of economic growth and the crisis in Russia, the author substantiates the necessity of forming a new model of growth for our country, indicates strategic directions of such policy and presents scientific arguments that confirm this choice. For example, it is shown that for promoting investment in the first phase of the exit from recession it is necessary not only to build-up the rate of investment, but to stimulate aggregate consumption and to restore the level of citizens’ incomes. The existing choice between expansion and restriction as types of policy is not so unequivocal, because there are serious constraints on monetary expansion, and to consider this kind of policy in Russia apart from other systemic effects that should be commensurate with this policy model while implementing it, is inappropriate. Economic policy of a new growth should be based on the presence of feedback and influences in the economic system and should correctly evaluate the current status against established strategic guidelines.