Challenges to the Russian Economy in Transition

Master 2021/2022

Type: Elective course (International Relations in Eurasia)

Area of studies: International Relations

Delivered by: Магистерская программа "Международные отношения в Евразии", направление подготовки "Международные отношения" (Кент)

Where: Faculty of World Economy and International Affairs

When: 2 year, 1 module

Mode of studies: distance learning

Online hours: 12

Open to: students of one campus

Instructors: Vladimir N. Zuev

Master’s programme: International Relations in Eurasia

Language: English

ECTS credits: 6

Contact hours: 44

Full Syllabus Ask Question

Abstract

This course, apart from covering economic development in historical retrospective, focuses on the most recent economic developments, including those after 2008-2010 world economic crisis, and is based on analysis of the crucial issues for the Russian economy. The topics included in the course are aimed at provoking discussions and debates in order to cover the material from different points of view. The course aims to develop the understanding of the substantial part of paradoxes, which take place in Russian economy.

Learning Objectives

To understand specificity of the Russian economy
To examine the origins of the features of the modern Russia’s economy
To figure out cause-effect relationship of the most significant trends in Russia’s economic development
To get academic competences necessary for analysis of Russian economy
To develop your skills required for doing business in Russia

Expected Learning Outcomes

Ability: to use statistical and economic data and academic knowledge; use references, and literature on the given topic to analyse conflicting situations.
Awareness: of conditions and concrete steps of the transformation, consequences of the enacted transformation.
Awareness: of economic prospects, the role of Russia in global economy.
Awareness: of market reforms, economic crisis of 1998, Golden decade, world economic crisis and policy of modernization.
Awareness: of Russian political landscape and its influence on economic developments, political and economic interlinks.
Awareness: of Russian stance and interests of partner-countries, prospects of future cooperation within the designed framework.
Awareness: of Russian stance towards integration and interests of partner-countries; prospects for the future cooperation within the designed framework.
Awareness: of world economic crisis and specificity of anti-crisis policies; problems, linked to transformation and linked to mismanagement.
Knowledge: of basic information about the new design of the integration on the post-Soviet space.
Knowledge: of economic indicators and recent trends in economic development.
Knowledge: of lessons of transition and prospects for further economy transformation.
Knowledge: of mechanism, main tasks, major problems, important achievements.
Knowledge: of notion of transition and prerequisites for the transition.
Knowledge: of Russian economic history and pillars of market reforms.
Knowledge: of the major features of Russia as a country, as a nation, as geo-political actor.
Skills: to critically evaluate analytical and scientific materials on the given issues and find options for possible solutions related to Russian economic development.

Course Contents

Introduction to ‘a transition in Russia’ course
Lost opportunities of transition
Understanding lessons of transition. Prospects for further economy transformation.
Basic information about the new design of the integration on the post-Soviet space.
Russian economy in between East and West (External economic dimension).
Lessons of transition. Searching for solution
Brief Russian economic history

Assessment Elements

Participation in the discussions and responses in the class
Power point presentation on the chosen topic
Lecture attendance
Participation in the discussions and responses in the class
Power point presentation on the chosen topic
Lecture attendance

Interim Assessment

2021/2022 1st module
0.4 * Power point presentation on the chosen topic + 0.3 * Participation in the discussions and responses in the class + 0.3 * Lecture attendance

Bibliography

Recommended Core Bibliography

Connolly, R. V. (DE-588)1139175637, (DE-576)187690448, aut. (2018). Stagnation and change in the Russian economy / Richard Connolly, University of Birmingham and Chatham House. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.500384940
CSR and the legitimacy of business in transition economies: the case of Russia. (2009). https://doi.org/10.1016/j.scaman.2008.11.008
Developments in Russian Politics 9, , 2019
Economic Policy and Social Affairs in the BRICS Helmut ReisenContents. (n.d.). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.56EE9D71
Ekaterina V. Slesarenko. (2019). Structural modernization as the basis of progressive and safe social-economic development of the Russian economy. Aktualʹnye Problemy Èkonomiki i Prava, (1), 993. https://doi.org/10.21202/1993-047X.13.2019.1.993-1006
John Newbigin. (2019). The creative economy - where did it come from and where is it going? Chapters, 21. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.h.elg.eechap.18292.1
Kudrin, A. L. (2015). A new growth model for the Russian economy [Elektronische Ressource] / Alexey Kudrin and Evsey Gurvich. Helsinki: Bank of Finland, Institute for Economies in Transition. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.444956530
Kurecic, P. (2015). Geoeconomic and Geopolitical Conflicts: Outcomes of the Geopolitical Economy in a Contemporary World. World Review of Political Economy, 6(4), 522–543. https://doi.org/10.13169/worlrevipoliecon.6.4.0522
Leonid Markovich Grigoryev, Pavlyushina Victoria Alexandrovna, Vlada Vladimirovna Brilliantova, & Nesipli Mavlit-Alievna Kulaeva. (2019). Models of Russian Economic Growth: Personal Consumption Trends. Prostranstvennaâ Èkonomika, (2), 150. https://doi.org/10.14530/se.2019.2.150-168
Pollin Robert Greening the Global Economy [Book]. - Cambridge, MA : MIT Press, 2015.
Ranyard, R. (2017). Economic Psychology. Hoboken: Wiley-Blackwell. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1548134
See-Yan Lin Global Economy In Turbulent Times [Book]. - Singapore : John Wiley & Sons, 2015.
Szeto, M., & Young-Choon Kim. (2018). Costs and Benefits of Business-Government Relations: Empirical Analysis of Former-Communist Transition Economies. International Journal of Business & Society, 19(1), 219–232. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=128886150
Terra, C. (2015). Principles of International Finance and Open Economy Macroeconomics. Elsevier. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.eee.monogr.9780128022979
World Bank Group. (2017). Russia Economic Report, May 2017 : From Recession to Recovery. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.AE616D13
Worth, O. (2017). Hegemony, International Political Economy and Post-Communist Russia. London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1551444

Recommended Additional Bibliography

Щавелева Е.Н. - HOW TO MAKE A SCIENTIFIC SPEECH. Практикум по развитию умений публичного выступления на английском языке - КноРус - 2018 - ISBN: 978-5-406-06126-8 - Текст электронный // ЭБС BOOKRU - URL: https://book.ru/book/919133

Course Syllabus