Klimovskikh N.V., Chudaeva A.A., Pokamestov I.E. A STUDY OF THE RISKS OF DEVELOPING ECONOMIC SYSTEMS (ON THE EXAMPLE OF THE G7 AND BRICS COUNTRIES)

DOI: https://doi.org/10.15688/ek.jvolsu.2025.4.17

Nadezhda V. Klimovskikh

Candidate of Sciences (Economics), Associate Professor, Department of Economic Theory, Kuban State Agrarian University named after I.T. Trubilin, Kalinina St, 13, 350044 Krasnodar, Russian Federation, This email address is being protected from spambots. You need JavaScript enabled to view it. , https://orcid.org/0000-0002-7965-2444

Alexandra A. Chudaeva

Candidate of Sciences (Economics), Associate Professor, Department of Economics, Organization and Strategy of Enterprise Development, Samara State University of Economics, Sovetskoy Armii St, 141, 443090 Samara, Russian Federation, This email address is being protected from spambots. You need JavaScript enabled to view it. , https://orcid.org/0000-0003-0281-5089

Ilya E. Pokamestov

Candidate of Sciences (Economics), Associate Professor, Department of Financial and Investment Management at the Higher School of Management, Financial University under the Government of the Russian Federation, Prosp. Leningradsky, 49/2, 125167 Moscow, Russian Federation, This email address is being protected from spambots. You need JavaScript enabled to view it. , https://orcid.org/0000-0002-8457-4866


Abstract. The relevance of the research is determined by the need to identify, analyze and mitigate the risks of the development of economic systems in various countries of the world in conditions of high levels of uncertainty and turbulence of the external environment. The purpose of the study is to study the risks of the development of economic systems and the peculiarities of their manifestation in various country conditions, as well as to develop proposals for leveling their destructive impact. The objectives of the study include analyzing the socio-economic situation in the world and identifying the risks of developing economic systems; identification of the specifics of the response of the economies of different countries to emerging risks; identification of risk management tools in the context of changes. Methodology. The research uses methods of economic and statistical observation; comparison; economic induction and deduction; abstract logical method; graphical method. Results. The analysis of the risks of the development of economic systems and models of adaptation to changes is carried out using the example of the G7 and BRICS countries, as well as a comparison of a number of indicators in dynamics. The key risks of the development of the economic systems of the world’s countries during the period of changes, including a slowdown in GDP growth, the risk of a decrease in the level of human well-being and development, have been identified. The key determinants of risk management for the development of economic systems are highlighted.

Key words: economic system, risk, BRICS, uncertainty, economic growth, sustainability, well-being, adaptation, change.

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A STUDY OF THE RISKS OF DEVELOPING ECONOMIC SYSTEMS (ON THE EXAMPLE OF THE G7 AND BRICS COUNTRIES) by Klimovskikh N.V., Chudaeva A.A., Pokamestov I.E. is licensed under a Creative Commons Attribution 4.0 International License.

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