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ECONOMIC SECURITY OF THE RUSSIAN FEDERATION UNDER THE CONDITIONS OF A SPECIAL MILITARY OPERATION

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PDF: Author(s): Krylova K. S., Varnakova G. F.,
Number of journal: 1(62) Date: February 2023
Annotation:

In modern conditions, the economic security of the country has become the main attribute of everyone’s attention. This is due to the event that took place on February 24, 2022 — the start of a special military operation in Ukraine, which is still ongoing. With the accession of the DPR, LPR and Zaporozhye regions, the situation was only aggravated by the pressure of Western countries and the EU on Russia. The Russian Federation was subjected to a huge number of sanctions from the West and the EU as a whole, which had a rather strong impact on the economic security of the country. The sanctions also had a great impact on the main indicators of Russia’s economic security. All retaliatory measures taken by the Russian Federation to defend its borders affect not only the Western countries that are targeted by these sanctions, but also Russia itself and economic security indicators. Forecasting for the coming years is quite difficult, since even the near future is unknown. The forecasts given by analysts and economists are quite contradictory, which is natural in modern realities. For some indicators, the spread of indicators is so huge that it is even difficult to imagine what awaits Russia and the country’s economic security. In this article, we consider the economic security indicators of the Russian Federation for the past 2021, forecasts for the end of 2022, as well as planned indicators for 2023—2025. After reviewing the current and planned indicators, we give our assessment and vision of the situation, as well as our conclusions based on these forecasts. Thus, despite all the pressure exerted on the Russian Federation by Western countries and the EU as a whole, Russia is trying to do everything to maintain a high level of economic security, finding ways out of seemingly hopeless situations.

Keywords:

economic security, sanctions, hostile countries, special military operation, “gas front”, asset freeze, key indicators of economic security, GDP, countermeasures, Rosstat, Bank of Russia, negative consequences

For citation:

Varnakova G. F., Krylova K. S. Economic security of the Russian Federation under the conditions of a special military operation. Business. Education. Law, 2023, no. 1, pp. 20—24. DOI: 10.25683/VOLBI.2023.62.510.