Russia in the economic context of China, the USA, Germany, and India

Abstract

Subject. The article addresses the economic cooperation of Russia with major countries. Objectives. The aim is to identify conditions for the growth and development of the Russian economy in relations with China, the USA, Germany, and India. Methods. The study draws on the systems approach, using the method of statistical, neural network and cluster analysis. Results. The main condition for the growth of the Russian economy is the excess of direct investments from the USA, India and Germany over investments from China. Russia is dependent on China's external balance of goods and services. The rate of growth of Russia’s military expenditures is commensurate with Germany and India. Conclusions. The identified conditions for the growth of the Russian economy enable the country’s leadership to formulate reasonable foreign economic policies.