Cooperation between Russia and the European Union: From importing to exporting technology

This article analyzes the trade and economic relations between Russia and European Union. It has been shown that the existing substantial qualitative imbalance in the mutual trade f lows is largely due to the level of development of innovation systems in Russia and the European Union. Arguments have...

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Bibliographic Details
Published inStudies on Russian economic development Vol. 28; no. 3; pp. 327 - 337
Main Author Terebova, S. V.
Format Journal Article
LanguageEnglish
Published Moscow Pleiades Publishing 01.05.2017
Springer Nature B.V
Subjects
Depreciation
Economics
Economics and Finance
Foreign Economic Relations
Import substitution
Imports
International cooperation
International economic relations
International Economics
International trade
Qualitative research
Sanctions
Russia
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Summary:This article analyzes the trade and economic relations between Russia and European Union. It has been shown that the existing substantial qualitative imbalance in the mutual trade f lows is largely due to the level of development of innovation systems in Russia and the European Union. Arguments have been presented for implementing an import substitution strategy in regions of Russia in the existing political and economic situation (the sanctions against Russia and the depreciation of the ruble). Proposals have been presented for the development of import substitution in regions of Russia (in the case of the Vologda oblast).
ISSN:1075-7007
1531-8664
DOI:10.1134/S1075700717030145