Certain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation

The development of Russian economy at the present stage is connected with a number of difficulties hindering its shift from the ineffective raw material export model to the model of sustainable industrial growth. The essential drawback of the raw material export model aimed at extraction and export...

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Autores principales: V. M. Poletaeva, A. M. Smulov
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Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2019
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spelling oai:doaj.org-article:67951530dca54317bd3fc1b195723fc52021-11-15T05:20:48ZCertain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation2413-28292587-925110.21686/2413-2829-2019-2-44-56https://doaj.org/article/67951530dca54317bd3fc1b195723fc52019-04-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/678https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The development of Russian economy at the present stage is connected with a number of difficulties hindering its shift from the ineffective raw material export model to the model of sustainable industrial growth. The essential drawback of the raw material export model aimed at extraction and export of mineral resources and import of industrial and consumer goods is a low resistance of economic growth to the impact of different factors, such as the situation on global commodity and finance markets, geo-political and economic circumstances in other countries. In contrast to the raw material export model the foundation of the model of sustainable industrial growth is formed by technologically developed manufacturing industry, the so-called locomotive industries characterized by high labour productivity, which provides a rise in putting out products showing competitiveness both on home and overseas markets. Due to this fact such products will be able to meet a considerable proportion of demand on the part of enterprises and population of the country for industrial goods and consumer goods and at the same time to make up a serious share in the export structure. The article deals with two key groups of mechanisms providing the shift of Russian economy from the ineffective raw material export model to the model of sustainable industrial growth, i.e. finance and non-finance ones. The authors analyzed principle difficulties hindering these mechanisms’ implementation in Russia: inability of non-finance mechanisms to guarantee the rise in quality and competitivenessof home-made goods; disparity of resources’ volume to needs of the national economic system in investment; obvious disproportion in districting funds by types of economic activity; the use of enterprises’ own resources for investment, etc.V. M. PoletaevaA. M. SmulovPlekhanov Russian University of Economicsarticlefinance mechanismsnon-finance mechanismsproduction capacitiesinvestmentEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 2, Pp 44-56 (2019)
institution DOAJ
collection DOAJ
language RU
topic finance mechanisms
non-finance mechanisms
production capacities
investment
Economics as a science
HB71-74
spellingShingle finance mechanisms
non-finance mechanisms
production capacities
investment
Economics as a science
HB71-74
V. M. Poletaeva
A. M. Smulov
Certain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation
description The development of Russian economy at the present stage is connected with a number of difficulties hindering its shift from the ineffective raw material export model to the model of sustainable industrial growth. The essential drawback of the raw material export model aimed at extraction and export of mineral resources and import of industrial and consumer goods is a low resistance of economic growth to the impact of different factors, such as the situation on global commodity and finance markets, geo-political and economic circumstances in other countries. In contrast to the raw material export model the foundation of the model of sustainable industrial growth is formed by technologically developed manufacturing industry, the so-called locomotive industries characterized by high labour productivity, which provides a rise in putting out products showing competitiveness both on home and overseas markets. Due to this fact such products will be able to meet a considerable proportion of demand on the part of enterprises and population of the country for industrial goods and consumer goods and at the same time to make up a serious share in the export structure. The article deals with two key groups of mechanisms providing the shift of Russian economy from the ineffective raw material export model to the model of sustainable industrial growth, i.e. finance and non-finance ones. The authors analyzed principle difficulties hindering these mechanisms’ implementation in Russia: inability of non-finance mechanisms to guarantee the rise in quality and competitivenessof home-made goods; disparity of resources’ volume to needs of the national economic system in investment; obvious disproportion in districting funds by types of economic activity; the use of enterprises’ own resources for investment, etc.
format article
author V. M. Poletaeva
A. M. Smulov
author_facet V. M. Poletaeva
A. M. Smulov
author_sort V. M. Poletaeva
title Certain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation
title_short Certain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation
title_full Certain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation
title_fullStr Certain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation
title_full_unstemmed Certain mechanisms of establishing economy of sustainable industrial growth in Russia and problems of their implementation
title_sort certain mechanisms of establishing economy of sustainable industrial growth in russia and problems of their implementation
publisher Plekhanov Russian University of Economics
publishDate 2019
url https://doaj.org/article/67951530dca54317bd3fc1b195723fc5
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