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The Main Successes of the Russian Economy in 2023 and the Key Challenges of its Sustainable Growth in the Short and Long Term

Abstract

The author considers the growth of Russia's GDP and the preservation of the stability of the domestic market as the main economic achievements of 2023. Using a retrospective analysis, the paper analyzes the causes of the formation of the main systemic problems of the national economy and suggests ways and mechanisms to overcome them. Based on the results of the situational analysis, the article assesses the current state of the Russian human resources potential and the level of technological sovereignty and proves the fact that the imbalance of the labor market and technological lag behind the leading economies of the world are real obstacles to further economic growth. Based on the results of factor analysis, the author proves the need for the formation of relevant personnel, industrial and technological policies and, based on an evidence-based approach, substantiates the need for structural transformation of the existing economic system.

About the Author

V. V. Shlychkov
The Review of Economy, the Law and Sociology
Russian Federation

Kazan



References

1. Минэкономики улучшило оценку роста ВВП в 2023 году до 3,5%. – URL: https://www.kommersant.ru/doc/6441182

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4. Громова В. Bloomberg cообщил о максимальной с мая 2022 года прибыли России от нефти // РБК. – URL: https://www.rbc.ru/economics/06/12/2023/65703b329a7947755e89af7f?from=copy

5. Ермакова С., Савенкова Д. Нефтегазовые доходы бюджета в ноябре оказались меньше ожиданий Минфина. – URL: https://www.vedomosti.ru/economics/articles/2023/12/06/1009497-dohodi-vnoyabre

6. Итоги года с Владимиром Путиным. – URL: http://kremlin.ru/events/president/news/72994

7. Официальный сайт Financial Times. – URL: https://www.ft.com/


Review

For citations:


Shlychkov V.V. The Main Successes of the Russian Economy in 2023 and the Key Challenges of its Sustainable Growth in the Short and Long Term. The Review of Economy, the Law and Sociology. 2023;(4):139-143. (In Russ.)

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ISSN 1998-5533 (Print)