Russia's place in the Global Economy

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2020-07-03 02:50:08

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Any existing state contributes to the world economy, which in turn provides opportunities for economic development and poverty alleviation. The purpose of the development of foreign economic relations of the Russian Federation – equitable integration in the international economic relations of nature to harness the benefits of international division of labor. The place of Russia in the world economy does not correspond to the long-term interests of the economy and its potential. It is necessary to develop a mechanism to support domestic producers, to reduce the dependence of Russia on food imports and commodity exports.

At the end of the 20th century Russia's place in the global economy in total volume of GDP was 10 in the world and it lagged about 10 times from USA. In 1999, Russian per capita GDP lagged behind the United States at 5.5 times.

Since the beginning of the 21st century, the situation in economic terms, GDP began to change in favor of Russia. In 2006, Russia's GDP was about 1160,5 billion and in the USA - 10 $ 800 billion, or about 11% of the U.S. level. There is a tendency to strengthen positions in the global economy. Currently we occupy the volume of industrial production 6-th place in the world, slightly more than 20% of the U.S. level.

            Russia is exporter of oil, natural gas, and in this regard Russia's place in the global economy is quite high. Some countries seek to reduce energy dependence on Russia and imports oil and natural gas from other countries.

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            the Result of Russia's accession to the WTO should be full participation in the global trade system, to achieve maximum advantages in the international division of labour, improvement of economic cooperation with foreign States.

            Russia's Place in the global economy is also determined by the export of labour force in the economic world community. All Russian citizens have the legal right to leave for employment abroad. Positive aspects of labour export are: the reduction of unemployment, increase cultural and professional level, financial proceeds from persons who have emigrated abroad.

The Russian Government in order to streamline labour migration abroad has concluded a number of intergovernmental and interdepartmental agreements with Poland, Germany, Finland, Switzerland, China, Slovakia and the CIS. The main countries to which the migration of citizens of the Russian Federation: Poland, Germany, England, USA, etc.

Almost every agreement contains a quota, according to which  these States can work annually not more than 4 thousand citizens of the Russian Federation.

The High competition of the countries-exporters of labor force complicates the output of the Russian Federation in international labor market. Besides the policy of quotas, the foreign state in relation to labour force other countries pose other barriers. However, despite the difficulties of the development of the international market, Russia needs to make to the development effort. For the effective and orderly development of the unified state concept on the export of labor. The output of the RF to the international market is complicated by the adverse conjuncture.

            currently, there is the globalization of the world economy. This process in varying degrees, involved all countries.

Modern trends in the global economy.

The Modern world seeks to synthesized a new development model, which characterize the high quality updates the technological base of production, wide introduction of resource and energy saving technologies, major shifts in content, structure and nature of the processes in production and consumption. The international community gradually overcomes the bipolar model of international relations.

 


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UK: https://tostpost.com/uk/b-znes/25984-m-sce-ros-u-sv-tov-y-ekonom-c.html

ZH: https://tostpost.com/zh/business/15157-russia-s-place-in-the-global-economy.html






Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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