IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIES

The paper analyzes the epistemology of the term “new normality” and proves that its use meets largely the interests of developed economies. The provided data demonstrate that for “the American idea of self-identification” in the international community this approach is utterly unacceptable and it ra...

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Main Authors: M. A. Eskindarov, V. V. Perskaya
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/282
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author M. A. Eskindarov
V. V. Perskaya
author_facet M. A. Eskindarov
V. V. Perskaya
author_sort M. A. Eskindarov
collection DOAJ
description The paper analyzes the epistemology of the term “new normality” and proves that its use meets largely the interests of developed economies. The provided data demonstrate that for “the American idea of self-identification” in the international community this approach is utterly unacceptable and it rather concerns national economies which are not incorporated into the “satellite mainstream” of the implementation of the US economic interests. It is emphasized that the SCO, BRICS and EAEU members state are developing economies with a sufficient internal resource potential, including the human capital. They are setting up a system of their own national interests that is implemented in the current world, among other things, based on increasing the interaction and cooperation of efforts. The restructuring of national economies towards creation of new jobs, improvement of the living standards, development of the real sector and reducing dependence on developed economies, particularly the foreign capital dependence, is regarded as a decline in the level of development. But in fact, this process means the gradual disintegration of the monopolar configuration of the world economy with the dominance of the US economy and the US national interests.
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spelling doaj.art-a33682221c8245f89a05c3c881f08a122025-03-02T11:01:56ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-0120561310.26794/2587-5671-2016-20-5-6-13319IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIESM. A. Eskindarov0V. V. Perskaya1Financial UniversityFinancial UniversityThe paper analyzes the epistemology of the term “new normality” and proves that its use meets largely the interests of developed economies. The provided data demonstrate that for “the American idea of self-identification” in the international community this approach is utterly unacceptable and it rather concerns national economies which are not incorporated into the “satellite mainstream” of the implementation of the US economic interests. It is emphasized that the SCO, BRICS and EAEU members state are developing economies with a sufficient internal resource potential, including the human capital. They are setting up a system of their own national interests that is implemented in the current world, among other things, based on increasing the interaction and cooperation of efforts. The restructuring of national economies towards creation of new jobs, improvement of the living standards, development of the real sector and reducing dependence on developed economies, particularly the foreign capital dependence, is regarded as a decline in the level of development. But in fact, this process means the gradual disintegration of the monopolar configuration of the world economy with the dominance of the US economy and the US national interests.https://financetp.fa.ru/jour/article/view/282«новая нормальность»economic growth“new normality”strategic initiativesnational interestsimplementation of national interests
spellingShingle M. A. Eskindarov
V. V. Perskaya
IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIES
Финансы: теория и практика
«новая нормальность»
economic growth
“new normality”
strategic initiatives
national interests
implementation of national interests
title IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIES
title_full IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIES
title_fullStr IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIES
title_full_unstemmed IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIES
title_short IS THE GROWTH WITHOUT THE “NEW NORMALITY” POSSIBLE? STRATEGIC INITIATIVES OF EMERGING ECONOMIES
title_sort is the growth without the new normality possible strategic initiatives of emerging economies
topic «новая нормальность»
economic growth
“new normality”
strategic initiatives
national interests
implementation of national interests
url https://financetp.fa.ru/jour/article/view/282
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AT vvperskaya isthegrowthwithoutthenewnormalitypossiblestrategicinitiativesofemergingeconomies