Analysis of Investment Cooperation Trends in Emerging Markets

Abstract

The article substantiates the need to expand Russia’s international cooperation with emerging market countries. The authors identify a set of factors associated with changes in the macroeconomic and geopolitical situation in 2022-2023 that have had a significant impact on the investment climate of cross-border cooperation. The effects of economic sanctions on the dynamics of foreign direct investment in Russia in 2014-2022 are shown. Russia’s participation in the international capital movement is characterized. The tendency of creating capital accumulation centers in a group of emerging economies while maintaining in the foreseeable future the high technological potential of developed countries due to the previously significant investments is revealed. The authors define and substantiate the main objectives of Russia’s cooperation with emerging market countries in the field of investment and foreign trade in modern conditions. The main challenges of developing investment strategies in emerging markets are highlighted, taking into account the uncertainty factors of macroeconomic and geopolitical situation. A scalable risk-oriented economic model of international investments in the conditions of external instability is proposed, its main blocks are described. The main stages of forming innovation and investment strategies to promote Russia’s technological potential in emerging markets as well as indicators to assess the effectiveness of this process are presented.