IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY

The article analyzes issues of import substitution in national production and determination of its effective scale considering the country's involvement to international division of labor and an important role of interstate cooperation in today's globalized world. The relevance of the stud...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autor principal:	N. N. Shvets
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2016
Materias:	import substitution specialization diversification export industry policy structural economic complexity energy security International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/49b63d8dabbb4c0d936af46729381da5
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:49b63d8dabbb4c0d936af46729381da5
record_format	dspace
spelling	oai:doaj.org-article:49b63d8dabbb4c0d936af46729381da52021-11-23T14:51:01ZIMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY2071-81602541-909910.24833/2071-8160-2016-1-46-180-187https://doaj.org/article/49b63d8dabbb4c0d936af46729381da52016-02-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/498https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The article analyzes issues of import substitution in national production and determination of its effective scale considering the country's involvement to international division of labor and an important role of interstate cooperation in today's globalized world. The relevance of the study relies on the fact, that unfavorable global economic and politic situation in 2014-2015 raised concerns among the Russian authorities and the society in general about the stability of the economy and the necessity to increase its independence and self-sustainability. Sectoral economic sanctions imposed by western developed countries could potentially lead to disruptions in the supply of components and equipment that ensure the operation of power facilities. Currently power companies are influenced by the external economic situation and the devaluation of the national currency. As the result, goods of foreign manufacture have become significantly more expensive and opportunities for power companies to realize their investing and repair programs have been reduced. Thereby there is a high importance of developing the substitution-oriented production of the high-tech electric equipment within the Russian Federation's territory. Import substitution issues are closely related to the governmental industrial policy. The programs of the national production development need huge investments and that's why issues of economic effectiveness evaluation are highly relevant. But balances between economy's specialization and diversification, import substitution and export orientation are also highly important. Such measures directed at artificial import rationing as sanctions against foreign goods, creating favorable competitive environment for national producers, governmental grants could in prospect lead to a stagnation of the economy.N. N. ShvetsMGIMO University Pressarticleimport substitutionspecializationdiversificationexportindustry policystructural economic complexityenergy securityInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 1(46), Pp 180-187 (2016)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	import substitution specialization diversification export industry policy structural economic complexity energy security International relations JZ2-6530
spellingShingle	import substitution specialization diversification export industry policy structural economic complexity energy security International relations JZ2-6530 N. N. Shvets IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY
description	The article analyzes issues of import substitution in national production and determination of its effective scale considering the country's involvement to international division of labor and an important role of interstate cooperation in today's globalized world. The relevance of the study relies on the fact, that unfavorable global economic and politic situation in 2014-2015 raised concerns among the Russian authorities and the society in general about the stability of the economy and the necessity to increase its independence and self-sustainability. Sectoral economic sanctions imposed by western developed countries could potentially lead to disruptions in the supply of components and equipment that ensure the operation of power facilities. Currently power companies are influenced by the external economic situation and the devaluation of the national currency. As the result, goods of foreign manufacture have become significantly more expensive and opportunities for power companies to realize their investing and repair programs have been reduced. Thereby there is a high importance of developing the substitution-oriented production of the high-tech electric equipment within the Russian Federation's territory. Import substitution issues are closely related to the governmental industrial policy. The programs of the national production development need huge investments and that's why issues of economic effectiveness evaluation are highly relevant. But balances between economy's specialization and diversification, import substitution and export orientation are also highly important. Such measures directed at artificial import rationing as sanctions against foreign goods, creating favorable competitive environment for national producers, governmental grants could in prospect lead to a stagnation of the economy.
format	article
author	N. N. Shvets
author_facet	N. N. Shvets
author_sort	N. N. Shvets
title	IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY
title_short	IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY
title_full	IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY
title_fullStr	IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY
title_full_unstemmed	IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY
title_sort	import substitution: the boarders of the energy security
publisher	MGIMO University Press
publishDate	2016
url	https://doaj.org/article/49b63d8dabbb4c0d936af46729381da5
work_keys_str_mv	AT nnshvets importsubstitutiontheboardersoftheenergysecurity
_version_	1718416275587203072

IMPORT SUBSTITUTION: THE BOARDERS OF THE ENERGY SECURITY

Ejemplares similares