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ICT investment and internationalization of the Russian economy

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  • Grigori Feiguine
  • Julia Solovjova

Abstract

In this paper the influence of ICT investments on the international activities of Russia is analyzed. Firstly, ICT investments are considered as a factor of the international competitiveness of the Russian economy (in comparison with some other countries). Dynamics of both export volumes and openness of national economies are used as the main criteria for comparison. Then, the role of ICT in the development of international activities on the regional level is analysed. Cluster analysis is performed for the set of data on the Russian regions. Finally, the accession of Russia to the WTO is considered in the context of the development of the ICT sector and the international activities of the Russian economy. Copyright Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Grigori Feiguine & Julia Solovjova, 2014. "ICT investment and internationalization of the Russian economy," International Economics and Economic Policy, Springer, vol. 11(1), pages 231-250, February.
    • Handle: RePEc:kap:iecepo:v:11:y:2014:i:1:p:231-250
    DOI: 10.1007/s10368-013-0256-5
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    2. Bakry, Walid & Nghiem, Xuan-Hoa & Farouk, Sherine & Vo, Xuan Vinh, 2023. "Does it hurt or help? Revisiting the effects of ICT on economic growth and energy consumption: A nonlinear panel ARDL approach," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 597-617.
    3. O. A. Romanova & D. V. Sirotin, 2019. "Metallurgical Complex of Central Urals in the Conditions of Development under Industry 4.0: The Road Map for Repositioning the Complex," Studies on Russian Economic Development, Springer, vol. 30(2), pages 136-145, March.
    4. Olga Romanova, 2018. "Industrial Policy Priorities of Russia in the Context of Challenges of the Fourth Industrial Revolution. Part 2," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 806-819.

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