Russia’s Pivot to the Global South as a Factor of Its Regional Development
https://doi.org/10.31249/kgt/2022.06.06
Abstract
The article is devoted to the possible impact of Russia’s economic turnaround on the acceleration of the development of the Siberian and Far Eastern regions of Russia. It is shown that so far the intensification of the Russian foreign economic relations with the countries of Asia, Africa and Latin America has not had a decisive impact on the regional structure of the economy of the Russian Federation. The main focus of the analysis is on the study of shifts in the Russian foreign trade, foreign direct investment with the participation of Russia, as well as the export of educational services. An important conclusion is made that the turn to the global South can lead to the economic recovery of the Far Eastern and Siberian regions only with the accelerated development of the transport infrastructure necessary for foreign economic contacts. Special attention should be paid to cross-border cooperation. At the same time, it is emphasized that the acceleration of the development of the Asian part of Russia largely depends not so much on the turn of the country’s external relations to the East, but on a more active regional economic policy in Siberia and the Far East. At the end of the article, specific recommendations are given for the state economic policy, taking into account the objective obstacles to the rapid restructuring of not only geographical priorities in external relations, but also to the changes in interregional disparities within the country.
About the Authors
O. V. KuznetsovaRussian Federation
Olga V. Kuznetsova - Professor of the RAS, Dr. Sc. (Econ.), Professor, Chief Researcher of the Institute for Systems Analysis of the Russian Academy of Sciences; Professor, Financial University
Federal Research Center “Computer Science and Control”, 60-letiya Oktyabrya Аvenue, 9, Moscow, 117312
Financial University, Leningradskiy Avenue, 49/2, Moscow, 125167
A. V. Kuznetsov
Russian Federation
Alexey V. Kuznetsov - Corresponding Member of the RAS, Dr. Sc. (Econ.) Director and Chief Researcher
Nakhimovskiy Avenue, 51/21, Moscow, 117418
References
1. Andreeva E.L., Maslennikov M.I., Mislyakova Yu.G. (2018). Development of export of educational services in Russia and its regions. Russian Foreign Economic Journal. No. 8, pp. 32–47 (in Russian).
2. Antyukhova E.A. (2018). Education as a “soft power” in modern foreign and Russian political science studies. Science Journal of Volgograd State University. History. Area Studies. International Relations. Vol. 23, no. 4, pp. 197–209 (in Russian).
3. Bezrukov L.A. (2016). Transsib and the Silk Road: global infrastructure and regional development. ECO Journal. No. 7, pp. 21–36 (in Russian).
4. Dementiev N.P. (2017). Inward and outward foreign direct investments: estimates based on data from the Bank of Russia and Eurostat. Russian Economic Journal. No. 2, pp. 56–69 (in Russian).
5. Druzhinin A.G. (2022). The “Sou thern vector” of the geostrategy of the Russian Federation in the modern global and Eurasian context: systemic factors of actualization. Scientific Thought of Caucasus. No. 1, pp. 5–16 (in Russian). DOI: 10.18522/2072-0181-2022-109-5-16.
6. Dyomina O.V. (2015). Russian Energy Resources to the Markets of the Asia-Pacific Region: The Development of Export Infrastructure Regionalistica. Vol. 2, no. 4, pp. 21–30 (in Russian). DOI: 10.14530/reg.2015.4.
7. Ermakova Zh.A., Nikulin Yu.N. (2019). Export of Education Services from a Border Region. Economy of Region. Vol. 15, issue 1, pp. 191–204 (in Russian). DOI: 10.17059/2019-1-15.
8. Efremenko D.V. (2022). Russia’s Relations with African Countries in the Light of the Special Military Operation in Ukraine. Outlines of Global Transformations: Politics, Economics, Law. Vol. 15, no. 4, pp. 60–78 (in Russian). DOI: 10.31249/kgt/2022.04.04.
9. Kuznetsov A.V. (2007). Internationalization of the Russian Economy: an Investment Aspect. Moscow : URSS, 288 pp. (in Russian).
10. Kuznetsov A.V. (2022a). Russian direct investment in countries of Latin America. Current Problems of Europe. No. 3, pp. 254–269 (in Russian). DOI: 10.31249/ape/2022.03.11.
11. Kuznetsov A.V. (2022b). Turning South: partners and formats. Expert. No. 22. Available at: https://expert.ru/expert/2022/22/razvorot-na-yug-partnery-i-formaty/, accessed 10.11.2022.
12. Kuznetsov A.V., Kuznetsov O.V. (2019). The changing role of border regions in the regional policies of the EU and Russia. Baltic Region. Vol. 11, no. 6, pp. 58–75. DOI: 10.5922/2079-8555-2019-4-4.
13. Kuznetsova O. (2016). Foreign direct investments in Russian provinces under economic sanctions. International Trends. Vol. 14, no. 3, pp. 132-142 (in Russian). DOI: 10.17994/IT.2016.14.3.46.9.
14. Leonova Yu.Yu. (2015). Regional Interests and Factors of Investment Activity of Foreign Companies in Russia. Moscow : URSS, 200 pp. (in Russian).
15. Maltseva O.A., Druzhkin E.D. (2020). Prospects of Indian direct investments in Russian economy. RUDN Journal of Economics. Vol. 28, no. 2, pp. 254–272 (in Russian). DOI: 10.22363/2313-2329-2020-28- 2-254-272.
16. Novopashina A.N. (2015). Regional Distribution of Foreign Capital in Russia: Case of FDI from China/ Regionalistica. Vol. 2, no. 4, pp. 59–76 (in Russian). DOI: 10.14530/reg.2015.4.
17. Obzor… (2021). Overview of Turkish investments in Russia. Moscow : VEB. RF; Nektorov, Saveliev & Partners, 67 pp. (in Russian).
18. Optimizatsiya… (2016). Optimization of Investment Ties of Modern Russia. Kuznetsov A.V. (ed.). Moscow : IMEMO, 120 pp. (in Russian). DOI: 10.20542/978-5-9535-0479-9.
19. Petrov Yu.A., Karapetyan A.K. (2014). To assess the Degree of Offshoring of the Russian Economy based on foreign direct investment statistics. Russian Economic Journal. No. 2, pp. 22–33 (in Russian).
20. Shtykhno D.A. (2018). Export of education as a potential factor in the development of the regions of the Russian Federation. Federalism. No. 4, pp. 195–203 (in Russian).
21. Sinitsa A.L. (2020). On the problem of assessing and increasing the effect of foreign citizens’ education in Russian universities for the economic development of Russia and its Arctic regions. Russian Economic Journal. No. 3, pp. 101–113 (in Russian).
22. Torkunov A.V (2012). Education as a tool of “soft power” in Russia’s foreign policy. MGIMO Review of International Relations. No. 4, pp. 85–93 (in Russian).
23. Torkunov A.V. Streltsov D.V., Koldunova E.V. (2020). Russia’s Pivot to the East: Achievements, Problems, and Prospects. Polis. Political Studies. No. 5, pp. 8–21 (in Russian). DOI: 10.17976/jpps/2019.05.02.
24. Valovaya M.D. (2018). Eurasian integration and growth drivers. Russian Economic Journal. No. 2, pp. 45–50 (in Russian).
25. Vilisov M.V. (2022). Turning to the South: African Think Tanks as Potential Partners for the EAEU Think Tanks. Outlines of Global Transformations: Politics, Economics, Law. Vol. 15, no. 4, pp. 116–136 (in Russian). DOI: 10.31249/kgt/2022.04.07.
26. Wang Jilu (2022). Investment Sino-Russian energy cooperation within the framework of the “dual circulation” strategy: state and prospects. Russian Economic Journal. No. 2, pp. 114–126 (in Russian). DOI: 10.33983/0130-9757-2022-2-114-126.
27. Yakovlev P.P. (2022). Russia’s interaction with Latin American countries in the context of a geopolitical fracture. Current Problems of Europe. No. 3, pp. 227–253 (in Russian). DOI: 10.31249/ape/2022.03.10
Review
For citations:
Kuznetsova O.V., Kuznetsov A.V. Russia’s Pivot to the Global South as a Factor of Its Regional Development. Outlines of global transformations: politics, economics, law. 2022;15(6):110-130. (In Russ.) https://doi.org/10.31249/kgt/2022.06.06