Evaluating the change in Russia’s economic security during the implementation of the Silk Road Economic Belt initiative: Economic cooperation and economic confrontation
Gordienko D.V.Russian Presidential Academy of National Economy and Public Administration, Moscow, Russian Federation gordienko@ane.ru
Importance The article overviews how Russia’s economic security may change when the Silk Road Economic Belt initiative is implemented and the economic cooperation among the SCO member States becomes more important. The article also investigates the decrease in economic confrontation among the States. Objectives The research evaluates Russia’s economic security seen in various aspects of the national economy protection. Methods The research reviews Russia’s economic indicators. Using statistical and econometric methods, I evaluate how Russia’s economic security may change if the Silk Road Economic Belt initiative is implemented as part of economic cooperation and economic confrontation of Russia with the SCO countries. Results The article proposes an approach to evaluating the change in Russia’s economic security as part of various forms of the national economy protection. I also analyze what economic cooperation and economic confrontation mean for economic security of the State during the globalization. Conclusions and Relevance Russia’s economic security can be presented as multiplicands describing the protection of its national economy as part of economic patronage, economic cooperation and economic confrontation with the SCO countries. I conclude that the Silk Road Economic Belt initiative will foster economic security of Russia and SCO countries.
Keywords: Central Asia, global financial crisis, global economic crunch, economic security
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