Assessment of World Economy Transformation Impact on Dynamics of Economic Indicators in the World’s Leading Countries and Russia at the Beginning of the 21st Century

Assessment of World Economy Transformation Impact on Dynamics of Economic Indicators in the World’s Leading Countries and Russia at the Beginning of the 21st Century

Authors

  • Svetlana V. Senotrusova Lomonosov Moscow State University
  • Iana V. Sibiriakova Lomonosov Moscow State University

Keywords:

World economy, crisis, pandemic, anti-crisis policy, indicators, rating, dynamics

Abstract

Transformation of the world economy at the beginning of the 21st century occurs because of the impact of numerous crisis phenomena. This world economic transformation shows up in dynamics of economic indicators under the influence of crisis processes and the anti-crisis policy of governments. Hence, it is of practical interest to assess the impact of crisis phenomena in conjunction with anti-crisis measures of national governments on the dynamics of economic indicators on a country basis to mitigate the consequences of future crisis situations or prevent them. Thus, the aim of the article is to study the dynamics of economic indicators in several leading economies in Europe, Asia, America, and Russia in the period from 2013 to 2021 to rank countries in terms of their ability to adapt and recover from the consequences of crises, in particular, the coronavirus pandemic. To achieve this aim, methods of system analysis and synthesis, content analysis of scientific literature and statistical reviews on the subject under study, materials of the periodical press of Russian and foreign authors were used. The study allows drawing several valuable conclusions about interconnection of economic processes in individual countries and in the world. The onset of the crisis has a negative effect simultaneously on all indicators’ groups, thereby confirming the presence of a “chain reaction” at the core of economic processes. Special attention is paid to the analysis of the dynamics of indicators on a country basis in the pandemic year, in 2020, which confirms the hypothesis that the effectiveness of the anti-crisis program undertaken by the government in the midst of the crisis plays a more important role than the initial pre-crisis state of the economy.

Author Biographies

Svetlana V. Senotrusova, Lomonosov Moscow State University

DSc (Biology), Professor

School of Public Administration, Lomonosov Moscow State University, Moscow, Russian Federation.

senotrusova@spa.msu.ru
senotrusovasv@gmail.com

Iana V. Sibiriakova, Lomonosov Moscow State University

Postgraduate student

School of Public Administration, Lomonosov Moscow State University, Moscow, Russian Federation.

ORCID: 0000-0002-0460-0420
SibiryakovaYV@spa.msu.ru
sibiriakova_yana@mail.ru 

References

Брюшинкина А.А. Теория паритета покупательной способности как основа валютных курсов: актуальна ли в XXI веке? // Экономика и бизнес: теория и практика. 2020. № 3–2(61). С. 17–20. DOI: 10.24411/2411-0450-2020-10202

Горчакова М.Е. Денежно-кредитная политика банка Японии в условиях глобального кризиса // Азиатско-Тихоокеанский регион: экономика, политика, право. 2020. № 2. С. 30–38. DOI: 10.24866/1813-3274/2020-2/30-38

Зеленков И.Д., Цвир Д.П. Анализ динамики морских грузоперевозок на мировом рынке // Азиатско-Тихоокеанский регион: экономика, политика, право. 2015. № 4. С. 68–79.

Кудряшова Т.В., Долгих Е.А. Золотовалютные резервы Российской Федерации как фактор обеспечения стабильности финансовой системы страны // BENEFICIUM. 2022. № 2(43). С. 66–72. DOI: 10.34680/BENEFICIUM.2022.2(43).66-72

Мутафян А.С. Оценка эффективности управления золотовалютными резервами России // Экономика: вчера, сегодня, завтра. 2022. Т. 12. № 3А. С. 67–75. DOI: 10.34670/AR.2022.97.77.009

Улумбекова Г.Э. Анализ расходов бюджетов бюджетной системы Российской Федерации по разделу «Здравоохранение» на 2022 г. и на плановый период 2023-2024 гг. // ОРГЗДРАВ: новости, мнения, обучение. Вестник ВШОУЗ. 2021. Т. 7. № 4. С. 7–15. DOI: 10.33029/2411-8621-2021-7-4-7-15

Ходинова О.С. Управление миграцией в странах Европейского Союза в условиях COVID-19 и украинского кризиса на примере Франции // Международные отношения в условиях новых угроз безопасности: сборник материалов Первой Международной научно-практической конференции. Москва, 28 апреля 2022 г. М.: Московский государственный лингвистический университет, 2023. С. 62–66.

Щёголева Н.Г., Сибирякова Я.В. Промежуточные итоги пандемии 2020 года: Новая Великая депрессия и банковская система // Банковские услуги. 2020. № 6. С. 2–11. DOI: 10.36992/2075-1915_2020_6_2

Щёголева Н.Г., Сибирякова Я.В. Влияние пандемии на макроэкономическую неопределенность // Проблемы теории и практики управления. 2021. № 12. С. 66–84. DOI: 10.46486/0234-4505-2021-12-66-84

Al‐Thaqeb S.A., Algharabali B.G., Alabdulghafour K.T. The Pandemic and Economic Policy Uncertainty // International Journal of Finance & Economics. 2022. Vol. 27. Is. 3. P. 2784–2794. DOI: 10.1002/ijfe.2298

Nagao R., Kondo Y., Nakazono Y. The Macroeconomic Effects of Monetary Policy: Evidence from Japan // Journal of the Japanese and International Economies. 2021. Vol. 61. DOI: 10.1016/j.jjie.2021.101149

Sukharev O.S., Voronchikhina E.N. Development of Countries under Sanctions: Iran and Russia // R-ECONOMY. 2022. Vol. 8. № 3. P. 219–236. DOI: 10.15826/recon.2022.8.3.018

Teryan D. Specifics of the ECB’s Monetary Policy Unconventional Measures // Amberd Bulletin. 2021. Vol. 6(13). P. 10–16. DOI: 10.52174/2579-2989_2021_6_10

Downloads

Published

2023-12-29

How to Cite

Assessment of World Economy Transformation Impact on Dynamics of Economic Indicators in the World’s Leading Countries and Russia at the Beginning of the 21st Century. (2023). Public Administration. E-Journal (Russia), 101, 56-71. https://spajournal.ru/index.php/spa/article/view/541

Issue

Section

Scientific articles

Categories

How to Cite

Assessment of World Economy Transformation Impact on Dynamics of Economic Indicators in the World’s Leading Countries and Russia at the Beginning of the 21st Century. (2023). Public Administration. E-Journal (Russia), 101, 56-71. https://spajournal.ru/index.php/spa/article/view/541

Most read articles by the same author(s)

<< < 5 6 7 8 9 10 11 12 13 14 > >> 

Similar Articles

1-10 of 264

You may also start an advanced similarity search for this article.

Loading...