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Russia Between Two Subcontinents of Eurasia: Advantages and New Threats

Author

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  • Ruslan Khasbulatov

    (Plekhanov Russian University of Economics)

Abstract

The geographical location of Russia between Europe and Asia is unique. Russia possesses huge and low-populated territories, which are rich with natural resources. Throughout the centuries, Russia had natural advantages over other countries during the periods of peaceful development as well as during the war years. However, currently, in the conditions of the technological revolution, these advantages may be underestimated. Moreover, these benefits may get under control of Asia or Europe. The country as a geographical region is located between two superpower subcontinental and regional economic centres — the European Union in Europe and China in Asia. These conditions demand, first of all, much more successful development of Russia, or a powerful economic breakthrough. Secondly, the economy of many depressive regions of the country needs an accelerated development. Thirdly, Russia should strengthen its multilateral communications with near neighbours — allies on Eurasian Economic Union to transform this integration group into one of the most successful in the Eurasian region.

Suggested Citation

  • Ruslan Khasbulatov, 2017. "Russia Between Two Subcontinents of Eurasia: Advantages and New Threats," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1005-1015.
    • Handle: RePEc:ura:ecregj:v:1:y:2017:i:4:p:1005-1015
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    Citations

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    Cited by:

    1. Natalya Yuryevna Sopilko & Olga Yuryevna Myasnikova & Nataliya Vital evna Bondarchuk & Natalia Anatolyevna Navrotskaia & Tatyana Evgenyevna Migaleva, 2020. "Analysis and Prospects for the Development of Regional Energy Integration of the Eurasian Economic Union Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 13-20.
    2. Vitaliy Lazhentsev, 2018. "Socio-Economic Space and Territorial Development of the North and the Arctic of Russia," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 353-365.

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