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Unstability of the World Economy and Its Influence on the Navigation Services and Technologies Market

Author

Listed:
  • Tatyana V. Kulakova

    (National Research University Higher School of Economics; Center of Budgetary Policy in Economy Branches; Financial Research Institute, Moscow, Russia)

  • Mariya A. Moiseeva

    (Center for the Defense Industrial Base Development Problems Research, Federal State Unitary Enterprise CSRI EISM)

Abstract

The article focuses on macroeconomics factors affecting the development of navigation services and technology market, including issues related with GLONASS system. The article shows that any world economy scenario development will contribute to strengthening of the competition in navigation services and technology market as well as will initiate consequent structural market changes. The main effect of the world economy recession taking place is the contraction in demand in the Russian navigation market.

Suggested Citation

  • Tatyana V. Kulakova & Mariya A. Moiseeva, 2013. "Unstability of the World Economy and Its Influence on the Navigation Services and Technologies Market," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 51-60, December.
    • Handle: RePEc:fru:finjrn:130405:p:51-60
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