The relevance of the topic of the article is due, first, to the growing geopolitical challenges and threats, escalation of international sanctions that undermine the foundations of economic and financial sovereignty of Russia, and, second, to the need to develop science-based solutions, ensuring the ability of the national financial system to maintain stability and independence from external shocks. The purpose of the research is to identify the current problems of Russia’s financial sovereignty and to develop reasoned proposals to ensure it in the context of the international sanction’s matrix. The novelty of the research is that the authors for the first time presented and described a matrix of international sanctions against the financial sovereignty of Russia, as well as developed economically feasible recommendations for its protection in modern conditions. When preparing the theoretical section of the publication, a group of general scientific methods was used: observation, comparison, measurement, analysis and synthesis, method of logical reasoning, critical review of scientific literature and professional publications. In the preparation of the analytical section and development specific recommendations, specific scientific methods (static analysis, graphical method) were used, expert method was used to form scenarios for assessing the future state of the financial sovereignty. The essence of the concept of “financial sovereignty” in the context of the international sanction’s matrix was considered. Available official state and other verified statistics of the number and structure of sanctions against the financial system was collected and processed, as well as points (zones) of application of their destructive influence was identified. As conclusions, expert judgments were formulated on possible tools to protect financial sovereignty and assessed their positive and negative effects, taking into account the volatility of sanctions. The materials of this research can be used as a basis for further justification of promising solutions to protect national financial sovereignty, taking into account foreign economic and military-political trends. The results of the research will be useful to experts in the sphere of state regulation of the national financial system, as well as specialists in the formation of forecasts of socio-economic development of the state.
Subject/topic. The article is devoted to the study of the genesis of the concept of «economic sovereignty of the state» in the classical and newest theories of crises (catastrophes). Methodology. In the process of preparing a scientific publication, a wide range of general scientific methods of the empirical group was used, such as observation, comparison, measurement, analysis and synthesis, logical reasoning, as well as certain specific scientific methods: statistical analysis, expert assessments, graphical method. To study the processes of evolution of the scientific and conceptual apparatus, taking into account the dynamics of external challenges and threats, as well as national priorities for the formation of the digital economy, problem-chronological and historical-genetic methods of scientific knowledge were used. Results. According to the results of the scientific study, it was found that the definition of «economic sovereignty of the state» is a complex multidimensional concept closely related to the economic structure of the state and its strategic goals. The authors carried out a retrospective analysis of the evolution of the definition of «economic sovereignty of the state» from the standpoint of classical and newest theories of crises, summarized the dynamics of the composition of indicators of the state economic sovereignty of Russia. Conclusions/Significance. As part of a scientific study, the authors concluded that it is advisable to use the principle of synergy and combine the postulates of classical and newest theories of crises (catastrophes), which allows us to present a conceptual vision of the concept of «economic sovereignty of the state» in the digital economy as a complex multicomponent indicator characterizing the independence of the implementation and protection of public economic interests, as well as the sustainability of objects of national economic infrastructure in the internal and external cyberspace of the country. Application. The results of scientific research can be used to develop the academic competencies of students in public administration and ensuring the national security of the country in the digital economy; practitioners to develop professional competencies in the field of cybersecurity, Foresight; analysts for the formation of long-term state programs of socio-economic development, taking into account the global trends of Industry 4.0.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.