+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Financial Analytics: Science and Experience
 

Investment cooperation between Russia and Turkey under current economic conditions: New formats

Vol. 15, Iss. 4, DECEMBER 2022

Received: 11 July 2022

Received in revised form: 20 July 2022

Accepted: 29 July 2022

Available online: 29 November 2022

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: E23, G38, G24, O32

Pages: 435–463

https://doi.org/10.24891/fa.15.4.435

Subject. This article explores the advantages of the Russian-Turkish strategic partnership based on mutual interest in building up economic and geopolitical potentials.
Objectives. The article aims to describe the stages of implementation of investment cooperation between Russia and Turkey in various sectors of the economy and predict the prospects for investment cooperation between these countries.
Methods. For the study, based on the review of materials of foreign and Russian experts in the field of international economics, finance, investment deposits, and reporting documents of statistical institutions, I used the historical method, observation, and generalization.
Results. The article structures the factors affecting the changes in the bilateral investment cooperation between Russia and Turkey, and identifies investment risks that impede efficient cooperation in the long term.
Conclusions. It is necessary to enhance efforts in the field of bilateral partnership, as well as diversification of the Russian economy key sectors.

Keywords: investment cooperation, mutual investment, sanctions against Russia, Turkey

References:

  1. Gumbatov K.A. [State of investment cooperation between Russia and Turkey at the present stage]. Innovatsii i investitsii = Innovation and Investment, 2021, no. 5, pp. 24–26. URL: Link (In Russ.)
  2. Kvashnin Yu.D. [Prospects for Russian-Turkish investment cooperation]. Mezhdunarodnaya ekonomika = The World Economics, 2015, no. 1, pp. 38–44. (In Russ.)
  3. Serikova Zh.E. [Legal and political foundations of Russian-Turkish cooperation]. Molodoi uchenyi = Young Scientist, 2017, no. 50, pp. 345–347. URL: Link (In Russ.)
  4. Berezhnaya P.A. [Economic cooperation between Russia and Turkey]. Ekonomika i biznes: teoriya i praktika = Journal of Economy and Business, 2020, no. 5-1, pp. 83–85. URL: Link (In Russ.)
  5. Sultygova D.M., Rudneva A.O. [Russian-Turkish cooperation in sphere of scientific-technical and economic research]. Vestnik Evraziiskoi nauki, 2018, no. 5. (In Russ.) URL: Link
  6. Budarina N.A., Ibragimov I.R. [Russia and Turkey: New trends and prospects at the present stage]. Vestnik Rossiiskogo universiteta druzhby narodov. Seriya: Ekonomika = RUDN Journal of Economics, 2020, vol. 28, no. 3, pp. 440–449. URL: Link (In Russ.)
  7. Öniş Z., Yilmaz Ş. Turkey and Russia in a Shifting Global Order: Cooperation, Conflict and Asymmetric Interdependence in a Turbulent Region. Third World Quarterly, 2016, vol. 37, iss. 1, pp. 71–95. URL: Link
  8. Volkan O. [Trade relations of Russia and Turkey at the present stage]. Rossiya i Aziya = Russia and Asia, 2018, no. 1(2), pp. 46–51. URL: Link (In Russ.)
  9. Belyaev S.A. [The analysis of foreign trade relations between Russia and Turkey]. Innov: elektronnyi nauchnyi zhurnal, 2018, no. 6. (In Russ.) URL: Link
  10. Petrov O.V. [Russian-Turkish economic relations at the present stage of development]. Torgovaya politika = Trade Policy, 2018, vol. 3, no. 15, pp. 32–53. URL: Link (In Russ.)
  11. Druzhinin A.G. [Spatial socio-economic development of modern Russia through the prism of L.N. Gumilev's scientific ideas]. Vestnik Sankt-Peterburgskogo universiteta. Spetsial'nyi vypusk: K 100-letiyu so dnya rozhdeniya L.N. Gumileva = Vestnik of Saint-Petersburg University. Special Issue: On the 100th Anniversary of the Birth of L.N. Gumilev, 2012, pp. 51–57. URL: Link (In Russ.)
  12. Druzhinin A.G. [Russian-Turkish cooperation in the post-Soviet Eurasia space: Opportunities, challenges and prospects for the South of Russia]. Nauchnaya mysl' Kavkaza = Scientific Thought of Caucasus, 2013, no. 1, pp. 58–62. URL: Link (In Russ.)
  13. Köstem S. The Political Economy of Turkish-Russian Relations: Dynamics of Asymmetric Interdependence. Perception, 2018, vol. 23, no. 2, pp. 10–32. URL: Link
  14. Bdoyan D.G. [The transformation periods in the Russian-Turkish relations (1991–2016)]. Vestnik MGIMO-Universiteta = MGIMO Review of International Relations, 2017, no. 4, pp. 165–182. URL: Link (In Russ.)
  15. Bechev D. Rival Power: Russia in Southeast Europe. New Haven, Yale University Press, 2017, 300 p.
  16. Newnham R.O. Oil, Carrots, and Sticks: Russia's Energy Resources as a Foreign Policy Tool. Journal of Eurasian Studies, 2011, vol. 2, iss. 2, pp. 134–143. URL: Link
  17. Hirst S.J., Isci O. Smokestacks and Pipelines: Russian-Turkish Relations and the Persistence of Economic Development. Diplomatic History, 2020, vol. 44, iss. 5, pp. 834–859. URL: Link
  18. Vereskun V.A., Myakoshina E.P. [Trade and economic relations between Russia and Turkey at the present stage of development]. Skif. Voprosy studencheskoi nauki, 2019, no. 10. (In Russ.) URL: Link
  19. Masumova N.R. [Turkey's economic imbalances]. Mirovoe i natsional'noe khozyaistvo, 2015, no. 1. (In Russ.) URL: Link
  20. Masumova N.R., Mammadova N.R. [Some aspects of investment climate in Turkey]. Mirovoe i natsional'noe khozyaistvo, 2015, no. 3. (In Russ.) URL: Link

View all articles of issue

 

ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 15, Iss. 4
December 2022

Archive