Economic development's road to the colonies
Article Sidebar
Main Article Content
Abstract
Before the onset of the Russia–Ukraine war, the Russian economic development model, shaped by colonialism and neoliberalism, prioritized short-term capital flows, often neglecting long-term investments focused on import substitution.The ongoing decline of the ruble has created a shortage of investment resources, leading to inflation surpassing expectations.The monetary and credit policies of the Central Bank have significantly influenced the economy's condition.Export-orientated industries experienced a remarkable growth rate compared to domestic ones. However, the variety of goods became more and more restricted as the ruble's value dropped. In the long run, new technologies have the potential to replace imports, significantly boosting production competitiveness. Devaluation will, however, increase investment expenses and hinder economic growth.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Thai Journal of National Interest Academic Journal under Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License The journal allows access or distribution of academic work without charge or registration. To support the exchange of knowledge Scope covers academic work in geopolitics. Geoeconomics and Innovation
Users can share, copy and distribute all information published in National Interest Academic Journal in any form or medium subject to the following conditions:
Citation — Permission to use, reproduce, distribute, or modify the work. But credit must be given to the owner of the work. If the work is used without credit, the name of the owner of the work will be Must obtain permission from the owner of the work first.
Noncommercial — The work may be used, reproduced, distributed, or modified. However, the work or article may not be used for commercial purposes.
Cannot be modified — The work may be used, reproduced, and distributed. But do not modify the work. unless permission is received from the owner of the work first
References
Belonovskaya, A. M. (2010). Artel form of economic organization in the studies of Russian scientists of the late 19th–early 20th centuries. CyberLeninka. https://cyberleninka.ru/article/n/artelnaya-forma-hozyaystvennoy-organizatsii-v-ssledovaniyah-rossiyskih-uchenyh-kontsa-xix-nachala-xx-v-1
Blinov, S. (2021, March 2). Inflation in Russia: Putin is fighting the wrong thing (and the wrong ones). Dzen. https://dzen.ru/a/YD1jpaPC-0d0fSee
Chayanov, A. V. (1989). Peasant economy: Selected works. Ekonomika.
Chernov, V. M. (1997). Constructive socialism. Moscow.
Danielson, N. F. (1893). Essays on our post-reform social economy. St. Petersburg. https://disk.yandex.ru/d/_9aRHXMw9zHQB
Financial Mechanism. (2022, July 9). Modern colonialism: How do the IMF and the Federal Reserve run countries? Dzen. https://dzen.ru/a/YsjajY4DEDsgNjz0
Iznanka Politiki. (2023, January 5). How the world really works: The secret of the rich. Dzen. https://dzen.ru/a/Y6LUgyRLgy2u-fVH
Katasonov, V. (2022, April 7). The collective West helped the Bank of Russia to de-dollarize its assets. Fond Strategicheskoy Kultury. https://www.fondsk.ru/news/2022/04/07/kollektivnyj-zapad-pomog-banku-rossii-provesti-dedollarizacij
Khubiev, R. (2019, May 12). The naked truth: At whose expense does the West prosper? Regnum. https://regnum.ru/article/2626727
Klyuchevsky, V. O. (1968). Letters, diaries, aphorisms and thoughts about history. Moscow. https://proza.ru/2020/08/13/548
Leontyev, K. N. (1992). Blooming complexity: Selected works. Molodaya Gvardiya.
Makarenko, O. (2020, February 12). What is the essence of capital, the manifesto of state capitalism and the alienation of the results of labor. Dzen. https://dzen.ru/a/XkQMhiSg4HISBzQU
Malyushin, I. I. (2015). S. Yu. Witte about long-term economic policy of Russia. CyberLeninka. https://cyberleninka.ru/article/n/s-yu-vitte-o-dolgosrochnoy-ekonomicheskoy-politike-rossii
Matyushchenko, N. (2022, August 5). How can Russia escape the resource curse? What is the oil and gas needle? FinTolk. https://fintolk.pro/resursnoe-proklyatie-chto-takoe-neftegazovaya-igla-i-kak-rossii-s-nee-slezt/
Milliard Tatar. (2023, February 14). History of corporations: Fukuyama, resources in exchange for minds and the “Primakov doctrine”. Dzen. https://dzen.ru/a/Y-sviRhIlC8zbvs_
Obshchestvennyy Tsentr Informatsii. (2020, July 7). Economy of the future: The national ideology of Russia. Dzen. https://dzen.ru/a/XwN19RyoGkiAx1oa
Obshchestvennyy Tsentr Informatsii. (2023, July 1). Five barriers to modernization of Russia. Dzen. https://dzen.ru/a/ZJ8jhj0uTD5OoiYL
Oleynikov, A. A., & Aleshchenkov, V. A. (2016). The state ideology functions as a framework of operational principles regulating the national economy. ExpEducation. https://expeducation.ru/ru/article/view?id=10537
Politica. (2023, August 5). A performance called “inflation targeting”. VK. https://vk.com/wall-201272992_8069
Polytalk. (2022, December 2). The oil price limit debated in the West was invented back in 2004. Dzen. https://dzen.ru/a/Y4jnk1c4tRXYuQEU
Provlast. (2023, March 27). According to Khazin, Putin may soon make an announcement after maintaining silence for 30 years. Dzen. https://dzen.ru/a/ZCE3iTNUg3Gv0Tje
Put’ Vostoka. (2022, August 8). Neocolonialism today and the fight against it. Dzen. https://dzen.ru/a/YvDbFKQSS2xRlhIx
Rakurs. (2020, January 20). Fundamental concepts of Stalin’s economics. Dzen. https://dzen.ru/a/XiV14jIzVACsjZz-
RussianPlanes.net. (n.d.). https://russianplanes.net/
Ryazanov, V. T. (1998). Economic development of Russia: Reforms and the Russian economy in the 19th–20th centuries. St. Petersburg.
Rybakov, F. F. (2011). Economic policy: Theoretical heritage and modernity. CyberLeninka.
https://cyberleninka.ru/article/n/ekonomicheskaya-politika-teoreticheskoe-nasledie-i-sovremennost
Sombart, W. (2006). Traders and heroes: Jews and the economy. Krasnodar.
Stalin, J. V. (1931, February 4). Stalin’s speech “Either we do this, or we will be crushed”. https://russiangiant.ru/2022/02/04/4-fevralja-1931-rech-stalina-libo-my-sdelae
Suwan-achariya, S. (2023a, February 17). Concept of economic development for prosperity (pp. 52–55). In Proceedings of the XVIII All-Russian Scientific and Practical Conference. Penza, Russia.
Suwan-achariya, S. (2023b, April 12). Reaganomics: Globalizing paper dollars (pp. 20–27). In Proceedings of the XII International Scientific and Practical Conference. Penza, Russia.
Suwan-achariya, S. (2023c, April 25). The end of history: A dollar-based colonial economy (pp. 53–59). In Proceedings of the XXXII International Scientific and Practical Conference. Penza, Russia.
Suwan-achariya, S. (2023d, May 15). Comparing central bank economic development concepts (pp. 43–48). In Proceedings of the VIII International Scientific and Practical Conference. Penza, Russia.
Suwan-achariya, S. (2023e, May 29). Reaganomics: Abandoning the dollar’s gold standard (pp. 96–100). In Proceedings of the VII International Scientific and Practical Conference. Stavropol, Russia.
Tsargrad. (2024, November 28). Glazyev showed how the Central Bank collapsed the ruble. Dzen. https://dzen.ru/a/Z0gGKenWInez-zGW
Vashi Novosti. (2023, September 20). The Central Bank should be integrated into the overall system of state economic management. Dzen. https://dzen.ru/a/ZQsajhL6Uzx81EGh
Zhurnal Foton. (2023, September 4). Stalin’s recipe for making Russia great. Dzen. https://dzen.ru/a/ZPVnr3ErpGUzJh77
Zhvaniya, D. (2010). Modernization with the help of “community-artel spirit”. Sensus Novus.
