The Evaluation of Russia\'s Economic Security by Selected Indicators during the Sanctions’ Period

M.E. Listopad, E.E. Ponomarenko, G.I. Smirnova
International Journal of Economics and Business Administration, Volume VIII, Special Issue 1, 48-58, 2020
DOI: 10.35808/ijeba/503

Abstract:

Purpose: The study is aimed at modernizing the methodological tools for monitoring and diagnosing national security problems under the influence of significant macroeconomic factors and conditions, one of which is the currently asymmetric economic sanctions against the Russian economy. Design/Methodology/Approach: The authors used a specific method of macroeconomic aggregation that allowed to obtain new scientific results. Findings: The authors made a conclusion about the Russian economy during the period of imposing sanctions and the period when sanctions were in force. The authors confirmed the hypothesis about the growth of adaptability of the national economic system under the sanctions’ pressure. Practical consequences: The concepts of optimal, threshold and limit values of indicators are defined in the article. The indicators of economic security of the Russian Federation are summarized by ROSSTAT data in the period from 2013 to 2018. Originality/value: The article evaluates the economic security of the state based on the threshold values of indicators as a unique way to describe the economic concrescences during the sanctions’ period.


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