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Systemic Crisis 2022: Theoretical Aspect

https://doi.org/10.21686/2073-1051-2022-2-46-61

Abstract

The  article  examines  the  process of  formation  and  manifestation   of  signs of  a  systemic crisis in the modern  economy.  The  article substantiates  why  the contradiction  between  the economic  and  social interests of economic  entities at all levels that arose in the context  of the COVID-19 pandemic  played  the role of a catalyst  in the formation  and  development of the modern  systemic crisis of a market  economy.  It is shown  that today the problems of global,  national  and  regional economic  security in their organic and  systemic relationship with  social /economic/  political/  bacteriological security are in the same row. The  author of the article carried out a theoretical analysis of trends and risks in the development  of the economy of Russia and other leading countries of the world community  in a crisis situation in 2022.  The  author of the article carried out a theoretical analysis of trends and risks in the development  of the economy of Russia and other leading countries of the world community in a crisis situation  in 2022.  The  article emphasizes  the importance  of strengthening sanctions  pressure on  the  Russian  economy  in  transforming  the  social factor  of national security into a socio-political  one and  in accelerating the development  of a systemic crisis in the modern economy.  The article shows what fundamental changes have occurred at the national  and interstate levels during the period of application of socio-political sanctions in the model of global economic relations. The  author explains on the basis of what  objective reasons traditional  principles of economic relations are being destroyed and new principles of economic  relations between  states and economic  counterparties  are being formed in the conditions  of the changed  socio-political situation  in the world.  The  article examines  the phenomenon  of geo-economic fragmentation  and  its relationship  with  the  change  in  the centers of development  and influence  in the global economy.  The author predicted the main characteristics of the functioning  of the new  system of economic relations in the post-crisis model of economic development  and Russia’s place in it.

About the Author

I. V. Karavaeva
Institute of Economics of the Russian Academy of Sciences
Russian Federation

Irina V. Karavaeva - Dr.  Sc. (Econ.), Professor, Chief  Researcher, Head of the  Economic Security Sector, Head of the  Department of Economic Theory, Institute of Economics of the Russian Academy of Sciences.

32, Nakhimovsky Av., Moscow, 117218.



References

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For citations:


Karavaeva I.V. Systemic Crisis 2022: Theoretical Aspect. Federalism. 2022;27(2):46-61. (In Russ.) https://doi.org/10.21686/2073-1051-2022-2-46-61

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ISSN 2073-1051 (Print)