Importance of the Crude Oil Industry in the Economy of Russian Federation.

German Bondarev

Bachelor's thesis

Anotácia:

Bondarev, G. Importance of Crude Oil Industry in the Economy of Russian Federation. Bachelor thesis. Brno: Mendel University in Brno,2022. The bachelor thesis focuses on the evaluation of economic impact of the Crude Oil Industry in the Russian Federation. Contribution of Crude Oil Industry to GDP, employment, export and environment of Russia are elaborated as well. Data was collected from statistical sources and scientific works of Russian researchers. The results confirm that Russian economy is dependent on oil prices, and there is an existence of alternative problems in the sector, which might be considered as a potential danger for country’s economy. Recommendations were made in order to decrease the dependence of Russian Federation on oil prices and to get rid of the alternative problems in the sector.

Abstract:

Bondarev, G. Importance of Crude Oil Industry in the Economy of Russian Federation. Bachelor thesis. Brno: Mendel University in Brno,2022. The bachelor thesis focuses on the evaluation of economic impact of the Crude Oil Industry in the Russian Federation. Contribution of Crude Oil Industry to GDP, employment, export and environment of Russia are elaborated as well. Data was collected from statistical sources and scientific works of Russian researchers. The results confirm that Russian economy is dependent on oil prices, and there is an existence of alternative problems in the sector, which might be considered as a potential danger for country’s economy. Recommendations were made in order to decrease the dependence of Russian Federation on oil prices and to get rid of the alternative problems in the sector.

Kľúčové slová

Crude Oil, Russian economy, Oil dependency

Keywords

Crude Oil, Russian economy, Oil dependency

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 18. 5. 2022

Obhajoba závěrečné práce

• Obhajoba proběhla 21. 6. 2022
• Vedúci: Ing. Dennis Nchor, MSc Ph.D.
• Oponent: Ladislava Issever Grochová, Ph.D.

Mendel University in Brno

Faculty of Business and Economics

Bachelor programme / odbor / specializace:
Economics and Management / Business Economics and Management / International Business