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State management of the national economy in conditions of geopolitical instability
[Государственное Управление Национальной Экономикой В Условиях Геополитической Нестабильности]

Author

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  • Igor A. Mankovsky (Маньковский И.А.)

    (Minsk branch of Plekhanov Russian University of Economics)

Abstract

We consider an economic system consisting of two sectors: public (including municipal) and private. It is shown that in the structure of the economic system the public sector occupies most of the economic space. It has been established that the public sector is, as a rule, less efficient than the private sector, but is capable, unlike the private sector, of stably providing the Russian state with the products necessary to main-tain national security. Based on statistical data on economic efficiency in 2023 and the volume of budget financing of the Russian military-industrial complex in 2022–2024, it was concluded that the economic model of “military Keynesianism” is being implemented in the Russian Federation. Destructive endogenous factors have been identified, including a defect in the institutional structure that reduces the effectiveness of the implemented economic model and certain problematic aspects of the functioning of a mixed economy. Some proposals have been made for the transformation of the national economy in the post-crisis period.

Suggested Citation

  • Igor A. Mankovsky (Маньковский И.А.), 2024. "State management of the national economy in conditions of geopolitical instability [Государственное Управление Национальной Экономикой В Условиях Геополитической Нестабильности]," State and Municipal Management Scholar Notes, Russian Presidential Academy of National Economy and Public Administration, vol. 3, pages 38-45.
    • Handle: RePEc:rnp:smmscn:s2435
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