Methodological approaches to assessing economic security in foreign trade
Abstract
Economic security of foreign trade can be measured through a set of different special indicators with no standardised composition and regulations. The purpose of the study is to analyse the existing methods for assessing the level of economic security in the sphere of foreign trade and to develop an optimal system of indicators for its identification. The research involved scientific publications by national and foreign scholars, official statistical data in the field of Russian export and import as well as the following methods – monography, observation, comparison, economic analysis, analogue and hypothetical modelling. The article assesses various indicators for assessing economic security in foreign trade, applied in Russia and abroad. The authors identified the most informative indicators, proposed a number of threshold requirements for them; included two additional indicators (increment rate of counterfeit goods, share of counterfeit goods in imports), developed a rating-based approach to identify high, average, low, critical and catastrophic levels of economic security in the sphere of export/import operations. Foreign trade is an important activity for any state; however, it involves a number of risks and threats to be carefully assessed and minimised. Therefore, it is necessary to select efficient ways of assessing economic security in foreign trade transactions.
Downloads
References
Bokeriya, S.A. (2019). The interconnection of global and regional security systems: the case of The United Nations, The Collective Security Treaty Organization and The Shanghai Cooperation Organisation. International organisations research journal, 14(1), 21-38. http://doi.org/10.17323/1996-7845-2019-01-02
Ezdina, V.I., & Dotsenko, E.Yu. (2022). The problem of ensuring economic security in the sphere of foreign trade of Russia and ways to solve it. Economics and Innovation Management, 2, 61-76. http://doi.org/10.26730/2587-5574-2022-2-61-76 (in Russian)
Federal Customs Service of Russia (2022). Foreign trade results with all countries. Official website of the Federal Customs Service of Russia. https://customs.gov.ru/statistic/vneshn-torg/vneshn-torg-countries (in Russian)
Greminger, T., & Washington, R. (2022). Reinvigorating cooperative security in a polarised world. Modern Europe, 3, 5‒17. https://www.elibrary.ru/item.asp?id=48591853
Grygorieva, E.A., Gubaidullina, T.N., & Polovkina, E.A. (2019). National Concepts of Economic Security in Modern Conditions. Journal of Environmental Treatment Techniques, (7), 1074-1077. https://acortar.link/1xpPTC
Grinberg, R.S., & Pylin, A.G. (2020). Eurasian Economic Union: Main Development Trends amid Global Uncertainty. Economy of the region, 16(2), 340-351. http://doi.org/10.17059/2020-2-1 (in Russian)
Ivanova, A.K. (2021). Internationalization of SMEs: Analyzing institutional support in Germany. Terra Economicus, 19(3), 78–92. https://doi.org/10.18522/2073-6606-2021-19-3-78-92
Kharlamov, A.V., Kharlamova, T.L., & Ponyaeva, I. (2022). State administration of innovative development using import substitution opportunities. News from St. Petersburg State University of Economics, 4(136), 69-75. https://acortar.link/cMlwFy (in Russian)
Kusurgasheva, L.V., & Muromtseva, A.K. (2020). Transformation neccesity of rental and raw materials russian economy model. Herald of the Altai Academy of Economics and Law, 5, 115-121. https://doi.org/10.17513/vaael.1118 (in Russian)
Kuznetsova, O.N. (2017). Stimulation of innovative activities of economic actors. Finance: theory and practice, 21(1), 28-34. https://financetp.fa.ru/jour/article/view/323 (in Russian)
Larionova, M., & Shelepov, A. (2021). Emerging regulation for the digital economy: challenges and opportunities for multilateral global governance. International Organisations Research Journal, 16 (1), 29-63. https://doi.org/10.17323/1996-7845-2021-01-02
Leontyev, S.V. (2020). Foreign practice of ensuring economic security of foreign trade activity and the possibility of its use in Russia. Herald of the Altai Academy of Economics and Law, 2, 70-78. https://acortar.link/TUU6S2 (in Russian)
Matveeva, E.E. (2020). Economic security in the sphere of foreign economic activity. Herald of The University of The Russian Academy of Education, 1, 12-26. https://doi.org/10.24411/2072-5833-2020-10002 (in Russian)
Meliksetyan, S.N., & Nusratullin, I.V. (2017). Influence of international sanctions on investment activity in Russia. Proceedings of the 17th International Scientific Conference Globalization and Its Socio-Economic Consequences, University of Zilina, The Faculty of Operation and Economics of Transport and Communications, Department of Economics (4th – 5th October 2017). Part 3. Pp. 1549-1556. https://acortar.link/dbFb5L
Minakov, A.V., & Lapina, S.B. (2021). Financial monitoring in the system of ensuring the economic security of the state. Vestnik of economic security, 3, 276-281. https://doi.org/10.24412/2414-3995-2021-3-276-281 (in Russian)
Nusratullin, I., Kuznetsova, S., Gazizyanova, Y., Kutsenko, E., & Berezhnaya, L. (2020). Socio-economic development of Russia in terms of the BRICS countries’ development. Amazonia Investiga, 9(27), 52-61. https://doi.org/10.34069/AI/2020.27.03.6
Petrov, P.V. (2022). Assessment of the Economic Security of Russia in the Foreign Economic Sphere on the Basis of the Non-parametric Method. MIR (Modernization. Innovation. Research), 13(1), 27-41. https://doi.org/10.18184/2079-4665.2022.13.1.27-41 (in Russian)
Rausser G., Strielkowski W., Korneeva E. (2021). Sustainable tourism in the digital age: Institutional and economic implications. Terra Economicus, 19(4), 141-159. https://doi.org/10.18522/20736606-2021-19-4-141-159
Shcherbak, I.N. (2021). EU’s Crisis Response Strategy in Light of Global Challenges. Modern Europe, 4, 151-160. https://doi.org/10.15211/soveurope42021151160 (in Russian)
Smutka L., Rovny P., Maitah K., & Kotyza P. (2021). International finance and economic institutions: Can Russian Ruble become the world's leading currency? Terra Economicus, 19(3), 93-104. https://doi.org/10.18522/2073-6606-2021-19-3-93-104
Tenyakov, I.M., Khubiev, K.A., Epstein, D.B., & Zazdravnykh, A.V. (2022). Stagnation in Russia in geopolitical and economic contexts: New alternatives. Terra Economicus, 20(2), 40–58. https://doi.org/10.18522/2073-6606-2022-20-2-40-58 (in Russian)
Toomsalu, L., Tolmacheva, S., Vlasov, A., & Chemova, V. (2019). Determinants of innovations in small and medium enterprises: a european and international experience. Terra Economicus, 17(2), 112-123. https://doi.org/10.23683/2073-6606-2019-17-2-112-123
Vartanova, M. L. (2021). The need to ensure Russia's financial and economic security within the framework of The EAEU in the context of global instability. Natural-Humanitarian Studies, 3, 86-93. http://doi.org/10.24412/2309-4788-2021-11129 (in Russian)
Copyright (c) 2023 Amazonia Investiga
This work is licensed under a Creative Commons Attribution 4.0 International License.