Economic determinants of Russia's international position

Abstract

PURPOSE: The purpose of this article is to analyze the economic determinants of the international position of the Russian Federation. In addition, the authors attempted to juxtapose the roles played by Russia in international relations with the political strategies that were created and implemented based on its potential (not only economic) and raw material resources.

DESIGN/METHODOLOGY/APPROACH: The authors applied the theory of international roles in their research due to its descriptive, exploratory and predictive methodological qualities. The authors used decision analysis, systemic analysis, comparative analysis, and analysis of found data.

FINDINGS: After the collapse of the Union of Soviet Socialist Republics, the Russian Federation had to deal not only with the problems of political system transformation, but also with changes in the economic system and the implementation of free market mechanisms. Its raw material resources became a "bargaining chip" in relations with the "near abroad" states and with the West, which enabled Russia not only to aspire to, but also to have a real prospect of returning to the role of a regional (and in the long term also global) power.

PRACTICAL IMPLICATION: A look at the domestic and foreign policy of the Russian Federation through the prism of political strategies, international roles and opportunities provided by its strategic resources, e.g. energy resources, which facilitate not only the choice but also the implementation of a specific role in accordance with the strategic goals and national interests of Russia.

ORIGINALITY/VALUE: The author's attempt to analyse economic determinants by applying the theory of international roles.