A Revolution in the Russian Segment of the International Market of Economics Journals

Abstract

Abstract Data are presented for 2021 on the rating of Russian economics journals, taking into account their international success: entering the leading Web of Science and Scopus databases and presenting their content in English. The calculations carried out using the author’s algorithm for ranking journals make it possible to establish that at present 25 Russian periodicals in economics have reached a sufficiently high scientific level and have become competitive in the international market of scientific products. If the concept of the market is interpreted in the broadest possible sense—as a set of competing participants entering into specific transactions that give them certain benefits, based on supply and demand for their services—then we can talk about a kind of revolution in the market of Russian economics journals due to the widespread use of strict academic standards and raising the scientific culture of domestic researchers. At the same time, the authors point to some negative aspects in the development of the pool of leading journals, including their high geographical concentration in only seven cities of Russia. Comparison of the parameters of the market for economics journals and the markets for journals in related disciplines—history, sociology, political science, and philosophy—showed that the competition for the right to be published in a prestigious Russian journal among economists is much higher than among representatives of other social sciences and humanities.

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