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Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security

This article shows the possibility of applying short-term (fast) indicators of economic security to analyze crisis phenomena in the economy of Russia. The system includes the indicators adopted in the Strategy for the Economic Security of the Russian Federation up to 2030. It is proposed to jointly...

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Detalles Bibliográficos
Autores principales: Mityakov, S. N., Mityakov, E. S.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Pleiades Publishing 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8142874/
https://www.ncbi.nlm.nih.gov/pubmed/34054281
http://dx.doi.org/10.1134/S1075700721030096
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author Mityakov, S. N.
Mityakov, E. S.
author_facet Mityakov, S. N.
Mityakov, E. S.
author_sort Mityakov, S. N.
collection PubMed
description This article shows the possibility of applying short-term (fast) indicators of economic security to analyze crisis phenomena in the economy of Russia. The system includes the indicators adopted in the Strategy for the Economic Security of the Russian Federation up to 2030. It is proposed to jointly analyze these indicators through new nonlinear normalizing functions that contain their threshold and target values as parameters. The fast indicators system is used to analyze four economic crises in Russia, including their prerequisites and the pace and depth of the recession and subsequent recovery of the real economy and other sectors, such as the financial and social sectors, and foreign trade. Integral indices are synthesized for these sectors, the composite index of economic security is calculated, and the patterns of their joint movement are considered. The RTS index is singled out among the forward-looking indices that can be potential forerunners of a crisis.
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spelling pubmed-81428742021-05-25 Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security Mityakov, S. N. Mityakov, E. S. Stud Russ Econ Dev Macroeconomic Indicators This article shows the possibility of applying short-term (fast) indicators of economic security to analyze crisis phenomena in the economy of Russia. The system includes the indicators adopted in the Strategy for the Economic Security of the Russian Federation up to 2030. It is proposed to jointly analyze these indicators through new nonlinear normalizing functions that contain their threshold and target values as parameters. The fast indicators system is used to analyze four economic crises in Russia, including their prerequisites and the pace and depth of the recession and subsequent recovery of the real economy and other sectors, such as the financial and social sectors, and foreign trade. Integral indices are synthesized for these sectors, the composite index of economic security is calculated, and the patterns of their joint movement are considered. The RTS index is singled out among the forward-looking indices that can be potential forerunners of a crisis. Pleiades Publishing 2021-05-24 2021 /pmc/articles/PMC8142874/ /pubmed/34054281 http://dx.doi.org/10.1134/S1075700721030096 Text en © Pleiades Publishing, Ltd. 2021, ISSN 1075-7007, Studies on Russian Economic Development, 2021, Vol. 32, No. 3, pp. 245–253. © Pleiades Publishing, Ltd., 2021.Russian Text © The Author(s), 2021. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Macroeconomic Indicators
Mityakov, S. N.
Mityakov, E. S.
Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security
title Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security
title_full Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security
title_fullStr Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security
title_full_unstemmed Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security
title_short Analysis of Crisis Phenomena in the Russian Economy Using Fast Indicators of Economic Security
title_sort analysis of crisis phenomena in the russian economy using fast indicators of economic security
topic Macroeconomic Indicators
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8142874/
https://www.ncbi.nlm.nih.gov/pubmed/34054281
http://dx.doi.org/10.1134/S1075700721030096
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