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The State as an Institution for Initiating Development during Economic Recovery in the Post-Pandemic Period

https://doi.org/10.26794/1999-849X-2022-15-1-142-154

Abstract

The subject of the study is the trends of the recovery growth of the national economies of the countries of the world community based on the UNCTAD report on foreign direct investment made in 2021.

The purpose of the work is to establish the role of the state as an institution for ensuring the progressive development of national economies based on the analysis of investments by the United States and China, which regard federal funds as factors of stabilization of the socio-political situation, initiating and guaranteeing the direction of private enterprise capital to the industrial segments of the economy. It has been established that both countries are taking strict measures to regulate the structure and sectoral orientation of foreign direct investment and do not regard them as a basic source of financing for development: the PRC directs public-private investments in priority segments of the economy — information and communication technologies, the fifth generation of mobile communications, artificial intelligence and agriculture; the United States considers reindustrialization and reshoring to be the main tasks in the post-pandemic period, investing federal and local budgets to restore them. At the end of the analysis, conclusions were drawn that correspond to modern trends in the transformation of investment activity during the recovery period of development in the post-pandemic period.

About the Author

V. V. Perskaya
Financial University
Russian Federation

Victoria V. Permskaya — Dr. Sci. (Econ.), Prof., Director of the Institute for International Economic Relations Research

Moscow



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Review

For citations:


Perskaya V.V. The State as an Institution for Initiating Development during Economic Recovery in the Post-Pandemic Period. Economics, taxes & law. 2022;15(1):142-154. (In Russ.) https://doi.org/10.26794/1999-849X-2022-15-1-142-154

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ISSN 1999-849X (Print)
ISSN 2619-1474 (Online)