Priority Business Partner of Russia: China, Germany or USA

DOI

10.2991/aebmr.k.200324.172How to use a DOI?

Keywords

state corporations, economic growth dynamics, competitive advantages, national projects, forecast prospects, comparative analysis, growth rates, business conditions

Abstract

The article reveals the relevance of the problems of maintaining the rate of economic growth of individual countries, creating favorable conditions for doing business in a period of decline of the dynamics of growth of world trade and strengthening of global competition. As a result of comparative analysis of business conditions in Russia relative to China, Germany and the United States, competitive advantages in property registration and insolvency recognition are determined. The difficulty in doing business in Russia, at least, is associated with the underdevelopment of institutions. The forecast values of economic growth dynamics showed the priorities of Russia, in comparison with China, Germany and the United States – the current account balance, military spending and gross savings. The research highlights the main competitive advantages of Russia relatively to China, Germany and the United States in the form of: ease of registration of property and recognition of insolvency of firms dominating of state corporations; purposefully oriented development of entrepreneurship in the form of an actor serving the economic interests of state corporations, political interests of the state, including the military-industrial complex, extractive industry, construction industry, financial and insurance sector.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - V.V. Smirnov
AU  - V.L. Semenov
AU  - E.N. Kadyshev
AU  - A.N. Zakharova
AU  - A.G. Suchkova
AU  - N.A. Efremov
PY  - 2020
DA  - 2020/03/30
TI  - Priority Business Partner of Russia: China, Germany or USA
BT  - Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
PB  - Atlantis Press
SP  - 938
EP  - 944
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200324.172
DO  - 10.2991/aebmr.k.200324.172
ID  - Smirnov2020
ER  -