Tuesday, April 18, 2023

UN Goals by Russian Entrepreneurship

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

Alexander Tkachenko, 2022, Economics, taxes & law, DOI: 10.26794/1999-849X‑2022-15-5-6-16 

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.

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