Journal of International Economic Affairs

The article analyzes autarkic trends in the modern economy both at the regional macro level and in relation to monoproducts (energy, food, etc.). For the first time, the evolution of territorial-regional autarky and its relation to political autonomy are shown. The problems of managing autarkic regions from the point of view of the central government are analyzed. The author for the first time identified the monoproduct type of autarky and analyzed its forms and causes. The modern economy operates in the mode of monoproduct autarky of a number of sectors and such management is not only practically possible and real but also expedient.

The study is aimed at reviewing in a generalized form the factors and conditions for increasing the export potential of the region, taking into account the global challenges of the world economy and external economic risks, including those associated with foreign sanctions. Data from the portal of the Federal Customs Service and TrendEconomy formed the information base of the study.The authors used methods of grouping and strategic repositioning, as well as analysis of statistical data. The article provides a quantitative assessment of export risks from the perspective of the external effective demand of importing countries.The goals and criteria for selecting countries for repositioning are determined. Alternative strategies for repositioning, such as import substitution, development of existing and new markets, are proposed. This allows reducing the risks (reducing the volume of critical deliveries) associated with export activities. The results of the research will be used as the basis for proposals for choosing strategies for the technological development of industrial products (local, global, and niche leadership) and building maps for the repositioning of regional producers in accordance with changing conditions. A methodical approach to assessing the possibilities of repositioning regional producers was tested on the example of the Foreign Economic Activity Commodity Nomenclature code 90 of the Krasnoyarsk Territory.Acknowledgments: The research was prepared within the framework of the grant «Developing the Concept of Industrial Policy of the Krasnoyarsk Krai in the context of digital transformation until 2030» (No. KF-877) and with the support of the Krasnoyarsk Regional Science Foundation.

The article analyzes the impact of sanctions imposed on Russia on the financial systems of unfriendly countries. The authors prove that sanctions affect not only the Russian economy but also the economy of other countries. The authors of the study argue that sanctions can make unfriendly countries more vulnerable to financial crises, raising the cost of credit and reducing investments. The article urges countries to consider the consequences of sanctions and to seek alternative methods of regulating international relations. The article may be of interest to anyone dealing with the problems of modern political economy, the theory of finance and the foundations of economic evolution.

This article is devoted to the analysis of the impact of international coercive measures on the economy of the Republic of Crimea and Sevastopol amidst collective and individual sanctions against Russia and its regions. At the same time, the consequences of certain types of sanctions on the regional socio-economic development are of particular relevance. The authors of the article determined the consequences of the impact of sanctions on the economy of the Republic of Crimea and the city of Sevastopol and propose measures to reduce the costs of sanctions pressure on the activities of economic entities. To do this, the article reviewed the reasons and the list of sanctions imposed as a result of Crimea's entry into Russia, as well as their impact on the economy. In conclusion, countermeasures to the 2014 sanctions and the directions of further economic policy in relation to sanctions pressure were identified. This article will be of interest to researchers, representatives of the professional and business community, academic staff and students of economic universities and those who are interested in the impact of sanctions on the economy.

The relevance of the study is determined, on the one hand, by the high demand for perfumery and cosmetics products in the Russian Federation, and on the other hand, by the introduction of sanctions against Russia and the complication of logistics routes. In the current situation, it is extremely important to increase the competitiveness of domestic products in order to ensure high-quality import substitution. This requires solving a number of problems. The author of the article has identified the problems of supply chain management in the cosmetics industry of the Russian Federation and tried to find ways to solve these problems. In the course of the study, to comprehensively consider the difficulties arising in supply chain management, methods of statistical analysis and systematization of data were used. The article presents the results of the analysis of trends in the development of perfumery and cosmetics in the Russian Federation and the world. The key problems of supply chain management are identified. These problems are as follows: the increase in product prices due to the growth of transportation tariffs, the increase in delivery times, the increase in transportation costs, problems of cross-functional coordination, etc. The development of the perfumery and cosmetics industry in the Russian Federation should be carried out in parallel with the development of companies of related industries that produce containers, raw materials, labels, etc. The author suggested ways to solve the identified problems in the cosmetics industry of the Russian Federation. The materials of the article are of practical value for improving the competitiveness of cosmetic products and their import substitution in the Russian Federation.

The article discusses trade flows between the countries of the Shanghai Cooperation Organization and Belarus on the eve of Belarus' accession to this organization. The results of qualitative and quantitative analysis of foreign trade between the organization and the Republic of Belarus are presented. On the basis of three authors' scenarios using econometric models, a quantitative forecast of the prospects for Belarus' accession to the Shanghai Cooperation Organization is made. The results of the study showed that Belarus has prospects in certain sectors of foreign economic activity, the implementation of which will contribute to an increase in income from trade.

The Iraqi economy suffers from the problem of increasing dependence on the rentier resource, which represents the greatest proportion of the recent eras of contribution to the gross domestic product, and therefore this resource has a longitudinal dominance to influence the above variable, the studied time series extends from 1970-2020, In this article use the standard analysis approach was adopted in order to identify the long and short-term effects and analyze the interrelationships linking the studied variables. In light of the assumptions of the economic theory and when using the ARDL model, it becomes clear that there is a co-integration between oil prices and GDP based on the calculated F-test value, which is greater than the upper boundary value. Joint integration between the two studied variables, the Bound Test table. The results of the standard analysis are shown that all the variables’ coefficients are in line with the assumptions of the economic theory, as an increase in oil prices by 1% will lead to an increase in the gross domestic product by approximately 6.15%. A positive relationship with the gross domestic product, as well as the cumulative sum test and its squares, which shows that the behavior of The study is within critical limits and the model does not suffer from possible structural problems in the future.

The article describes the specifics of international regional relations, which explains why an independent center of power in the developing multipolar world is not being formed in the South Pacific region by the 2020s. The problems of the developed and developing countries of Oceania, which hinder this course due to economic and political reasons, are reflected. The forecast of changes in the geostrategic map of interests of developed and developing countries of the Asia-Pacific region in the context of the formation of this format by the 2030s-2050-s is given.