Economic Sovereignty of Russia in the Context of Development Trends of the Global and European Economy

Abstract

Aim. To define the main characteristics of modern globalization as an economic and political environment for the implementation of new models of state sovereignty. To characterize the economic sovereignty of Russia as a compromise between integration into the world economy and technologically justified and politically inevitable isolationism. Tasks. To analyze modern and Russian theories of sovereignty at the turn of 2025, to assess the prospects for changing globalization, the practice of applying economic and mathematical approaches to assessing the effects of implementing public policy (econometric models, input-output balance models, computable general equilibrium models), to identify the specifics and limitations of these approaches. Methods. The rejection of the universal model of globalization is, in fact, a radical revolution in the field of social science. The concept of the “end of history”, globalization and the destruction of sovereignty determined the current methodology of social science. Today we should talk about a change in the development paradigm, since there is a change not only in individual principles, methods or even theories, but also in a significant part of the scientific picture of understanding what is happening in Russia. The scientific provisions formulated in the article are obtained using general scientific methods (classification and comparative analysis and expert analysis). Results. The authors have developed the theoretical content and propose the term “managed resovereignization” to assess the economic and political processes of modern development in Russia. Conclusions. The ongoing changes indicate that extreme positions in the global economy are being marginalized. The ideology of super-globalization is rather history, but the model of “great selfisolation” is not constructive either.