Analyzing the impact of macroeconomic factors on the Russian economy

Subject. This article discusses the issues of developing strategies to improve the competitiveness and stability of the Russian economy and adapting it to sanction pressure. Objectives. The article aims to identify the main macroeconomic factors affecting the prospects for Russia's development in the context of sanctions. Methods. For the study, I used a correlation and regression analysis. Results. The article finds that in terms of gross domestic product growth, Russia outstrips the United States and lags behind China, a volatile change in the ratio of imports to exports is recorded. The deepening of the deposit funnel of the maximum interest rate on deposits in Russian rubles and the raw material exports growth excess over high-tech imports are the particularities of the economic situation in Russia. Conclusions. The results of the study can be taken into account when assessing the risks of monetary regulation.

Authors

Publication Details

Journal
National Interests Priorities and Security
Published
2025-04-15
DOI
https://doi.org/10.24891/ni.21.4.47
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
0.00
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article

Analyzing the impact of macroeconomic factors on the Russian economy

Valerii V. SMIRNOV
National Interests Priorities and Security
Economic and Technological Developments in Russia
article

Analyzing the impact of macroeconomic factors on the Russian economy

Valerii V. SMIRNOV
article en

Abstract

Subject. This article discusses the issues of developing strategies to improve the competitiveness and stability of the Russian economy and adapting it to sanction pressure. Objectives. The article aims to identify the main macroeconomic factors affecting the prospects for Russia's development in the context of sanctions. Methods. For the study, I used a correlation and regression analysis. Results. The article finds that in terms of gross domestic product growth, Russia outstrips the United States and lags behind China, a volatile change in the ratio of imports to exports is recorded. The deepening of the deposit funnel of the maximum interest rate on deposits in Russian rubles and the raw material exports growth excess over high-tech imports are the particularities of the economic situation in Russia. Conclusions. The results of the study can be taken into account when assessing the risks of monetary regulation.

National Interests Priorities and SecurityVol. 21(4)
Openalex Percentile: Top 84%
Economic and Technological Developments in Russia
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