Global Challenges and Risks on the Way to Achieving the UN Sustainable Development Goals by Russian Entrepreneurship

   Russia fully fulfills its obligations to achieve the UN Sustainable Development Goals against the background of global instability in the world, risks and threats affecting the interests of society and the state, which cannot but affect the opportunities of Russian business and entrepreneurship, especially in their foreign economic activities. Therefore, the relationship between the Russian state and entrepreneurship should be based on the ability to negotiate and find compromises in solving the tasks facing them.

   The subject of the study is the impact of the fulfillment of state obligations undertaken within the framework of foreign policy agreements to achieve sustainable development goals on the development opportunities of Russian entrepreneurship, primarily small business, and its export — import activities.

   The purpose of the work is to analyze the opportunities of Russian entrepreneurs to develop their business within the framework of fulfilling their obligations to transition to environmentally friendly production and achieve other sustainable development goals based on the state policy of supporting small and medium — sized businesses.

   A special role in the implementation of the above tasks of Russian microenterprises, which survived the crisis associated with the coronavirus pandemic, is revealed more successfully than small businesses. Readers’ attention is drawn to the geographical orientation of Russian business, including the possibility of its reorientation in the East Asian direction, and a conclusion is drawn about the obvious lag and insufficiency of cooperation with many countries of the African continent. The necessity of financial and tax reform is justified for the successful development of not only local businesses under sanctions, but also the regions themselves in conditions of insufficient funding and narrowing of state support opportunities. The importance of transferring managerial skills and innovative knowledge available from large enterprises to local business is shown, as well as the expediency of significantly expanding the prerogatives of regional authorities in tax regulation of private business activities.

1. Kreinin H., Aigner E. From “Decent work and economic growth” to “Sustainable work and economic degrowth”: a new framework for SDG 8. Empirica. 2022;49:281–31. DOI: 10.1007/s10663–021–09526–5

2. Ayres R., van den Berrgh J., Gowdy J. Strong versus weak sustainability: economics, natural sciences and ‘consilience’. Environmental Ethics. 2001;23(1):155–168. DOI: 10.5840/enviroethics200123225

3. Elder M., Olsen S. H. The design of environmental priorities in the SDGs. Global Policy. 2019;10(S 1):70–82. DOI: 10.1111/1758–5899.12596

4. Spash C. L. Apologists for growth: passive revolutionaries in a passive revolution. Globalizations. 2021;18(7):1123–1148. DOI: 10.1080/14747731.2020.1824864

5. Jackson Tim. Prosperity without growth: economics for a finite planet. 2^nd edition. London: Routledge; 2016. 350 p.

6. Tkachenko A. A. Sustainable development goals and problems of measuring poverty and poverty. Questions of statistics. 2022;29(1):78–87. (In. Russ.).

7. Bergius M., Buseth J. T. Towards a green modernization development discourse: the new green revolution in Africa. Journal of Political Ecology. 2019;26(1):57–83.

8. Görg C., Brand U., Haberl H. et al. Challenges for social-ecological transformations: contributions from social and political ecology. Sustainability. 2017;9:1045.

9. Foster G., Kreinin H., Stagl S. The future of circular environmental impact indicators for cultural heritage buildings in Europe. Environmental Sciences Europe. 2020;32(141):1–17.

10. Malinauskaite J., Jouhara H. The trilemma of waste-to-energy: A multi-purpose solution. Energy Policy. 2019;129:636–645.

11. Salakhetdinov E. R., Sidorov V. A. Russian projects and energy cooperation in South Africa. Forecasting problems. 2018;168(3):142–151. (In Russ.).

12. Abisuga-Oyekunle O.A., Patra S.K., Muchie M. SMEs in sustainable development: Their role in poverty reduction and employment generation in sub-Saharan Africa. African Journal of Science, Technology, Innovation and Development. 2020;12 (4):405–419.

13. Jaax A. Private sector development and provincial patterns of poverty: Evidence from Vietnam. World Development. Elsevier. 2020;127(С):1–19.

14. Anderson W. Internationalization opportunities and challenges for small and medium-sized enterprises from developing countries. Journal of African Business. 2011;12(2):198–217.

15. Pulka B. M., Gawuna M. S. Contributions of SMEs to employment, gross domestic product, economic growth and development. Jalingo Journal of Social and Management Sciences. 2022;4(1):1–18.

16. Prasad E. The US dollar might slip, but it will continue to rule. Finance & Development. June 2022:12–15. URL: https://www.imf.org/en/Publications/fandd/issues/2022/06/enduring-preeminence-eswar-prasad.

17. Krasavina L. N. Internationalization of the yuan: features and significance of the PRC experience for Russia. Banking. 2014;8:38–43. (In Russ.).

18. Gourinchas P.-O. Shifting geopolitical tectonic plates. Finance & Development. June 2022:10–11.