ANALYSIS OF RUSSIAN FEDERATION AND GERMANY ECONOMIES COMPETITIVENESS

Author(s): Bondarenko Irina Stanislavovna, Burkovsky Vladislav Igorevich, Pozdnyakov Alexander Alexandrovich

Rubric: Domestic and foreign trade

DOI: 10.21777/2587-554X-2019-2-52-59

Release: 2019-2 (29)

Pages: 52-59

Keywords: Competitiveness of a country, Russian Federation, Germany, factors of competitiveness, analysis of business parameters

Annotation: The purpose of the article is to analyze the competitiveness of Germany and the Russian Federation, identifying the most problematic factors that adversely affect the country‘s economy. In the process of research used general scientific methods, methods of statistical analysis. In the course of the study, an analysis of the competitiveness of the Russian Federation and Germany was carried out, and problematic factors that adversely affect the country‘s economy were identified. The authors proposed options for improving various sectors of the economy, in order to improve the competitiveness of the country. The results are aimed at accelerating the socio-economic development of the economy of the Russian Federation, increasing the level of competitiveness of the country in relation to other countries of the world. The Russian Federation is a state that is located in Eastern Europe and Northern Asia, has developed climatic conditions, powerful fuel and energy, energy and production and technical potential, but in terms of the level of competitiveness of the country‘s economy is only 38th, which is why be an important increase in the competitiveness of a country‘s economy. World practice has shown that in countries with a higher level of economic competitiveness, goods are produced, and services are provided that can compete both in the domestic market and in the external market. And, also in countries with a higher level of competitiveness of the country, there is a high welfare of the nation. Research in assessing the level of competitiveness is the World Economic Forum, which annually publishes a report on the analysis of the competitiveness of all countries of the world [1]. So, Loskutova M.V. allocates a number of resources with which you can improve the competitiveness of the Russian Federation [2]. Shul MI, notes the prerequisites that hinder the development of the competitiveness of the Russian economy [3]. AP Zaostrovtsev, singles out the institutional problems of developing the competitiveness of the Russian economy [4].

Bibliography: Bondarenko IR.ST., Burkovsky VL.IG., Pozdnyakov AL.AL. ANALYSIS OF RUSSIAN FEDERATION AND GERMANY ECONOMIES COMPETITIVENESS // Economics and Management. – 2019. – № 2 (29). – С. 52-59. doi: 10.21777/2587-554X-2019-2-52-59