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Russian big business and the problem of integrated economic development: case of resource-extraction companies

Author

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  • Kirill Sablin
  • Elena Kagan
  • Alexander Sharov

Abstract

The article is devoted to comprehensive assessment of the Russian resource-extraction companies' readiness to develop domestic markets, which is an important condition for the formation of integrated national economy. Russian economy development is mainly due to the functioning of the export and raw materials sector. This phenomenon leads to the emergence of enclaves of wealth, which do not have any impact on the development of the rest of the economy. Methodological approaches of the study are represented with the concept of dual enclave economy, the concept of global value chains and the concept of discrete structural alternatives. Apparatus of theory of fuzzy sets and algorithm of fuzzy inference of Sugeno-0 order were chosen as research methods. The fulfilled analyses show that state-owned enterprises and companies those affiliated with the state are characterised with the high level of readiness to develop domestic markets. Private resource-extraction companies demonstrate medium and low levels.

Suggested Citation

  • Kirill Sablin & Elena Kagan & Alexander Sharov, 2024. "Russian big business and the problem of integrated economic development: case of resource-extraction companies," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 36(1), pages 97-112.
    • Handle: RePEc:ids:ijbglo:v:36:y:2024:i:1:p:97-112
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