Geo-Economic Priorities of Russian Federation and Federal Republic of Germany in the Context of Overcoming the Crisis

  •  Nikita D Khoroshun    


The author of this article reveals the essence of the "geo-economics" concept and investigates specific methods of economic policy, Economy, used in the applied geo-economics. During the whole post-Soviet period, Russia and Germany continue to be the major economic partners. The author notes that currently Germany is forming as a new form of geo-economic power within the international relations, demonstrating a reluctance to use military force as an instrument of foreign policy, even in a multilateral context. It is revealed that the global financial and economic crisis had a negative impact on investment cooperation between the two countries: for example, the volume of FDI from Germany to Russia decreased by 30.1%, from Russia to Germany-by nearly a half (48.4%). At the same time, the lowest point in FDI volumes was passed in 2011, and the growth has been renewed since the year 2012. The author concludes that, despite the general decline in investment activity on the background of the ongoing global financial crisis, Germany is still one of the largest investor countries of Russia. German-Russian trade and economic cooperation is aimed at building sustainable economic development capable of ensuring the growth of key indicators in the post-crisis period. Strategic partnership stimulates translational processes in the economy of both countries. The success of the bilateral cooperation between Russia and Germany in the international economy shows positive dynamics of foreign trade, FDI growth, etc. However, in 2013, it is noticed a decrease in the rate of development of bilateral economic relations between Russia and Germany.The new qualitative feature of the cooperation dynamics is seen by the author in the involving of the innovation sphere that is a link between science and industry, in the field of bilateral cooperation. Discussed in this article priorities give only some of the possibilities for the future cooperation development between Russia and Germany in five major segments of the economy: energy, engineering, aviation, transport, and pharmaceuticals.

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