New Challenges for Russia’s Foreign Aid and Its Contribution to the Sustainable Development Goals

Abstract

The article discusses current trends in the Russian practice of international development assistance (IDA). Despite international isolation, the Russian government continued to increase its allocations for official development assistance (ODA), which, from 2015, amount to about USD1 billion annually. The author identifies key problems in the field of IDA related to monitoring and evaluation, the achievement of the Sustainable Development Goals (SDGs) and interaction with the business sector. The author describes the actions of the government in its quest to solve these problems. Special emphasis is placed on a comparative analysis of the SDG indicators with indicators of national development goals until 2024. This makes it possible to link Russian goals with international priorities. The theoretical basis of this study is the ‘systemic change’ and ‘scaling up approach’, which are often used in research on development economics. A “large-scale approach” allows us to measure the scale of Russiaʼs participation in construction and installation work in terms of the number of allocated resources, the number of stakeholders involved, geographical coverage, etc. The “systemic change” approach explains how Russiaʼs development cooperation activities are aligned with national goals and the SDGs, as well as the transformation in the structure and dynamics of the system, which leads to an impact on the material conditions or behavior of stakeholders. In conclusion, the author reflects on the prospects for the creation of a national monitoring and evaluation system in the area of IDA, as well as on the possibilities of contributing to the achievement of the SDGs by 2030. One of the directions could be increased participation in the formation of new international development institutions, including the creation of the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) along with the expansion of bilateral programs in the field of international development assistance.