scholarly journals Export Potential of the Russian Pharmaceutical Market and its Prospects

2018 ◽  
Vol 7 (4.38) ◽  
pp. 1214
Author(s):  
Natalia Pyatigorskaya ◽  
Andrei Meshkovski ◽  
Zhanna Aladysheva ◽  
Valery Beregovykh ◽  
Vasily Belyaev ◽  
...  
Keyword(s):  
International Cooperation ◽  
Generic Drugs ◽  
Import Substitution ◽  
The State ◽  
Pharmaceutical Market ◽  
Regulatory Mechanisms ◽  
Pharmaceutical Sector ◽  
Substitution Policy ◽  
Innovative Drugs ◽  
Policy Targets

Export of medicines is one of the most profitable businesses, which attracts the attention of an increasing number of producers. The international medicines’ trade largely depends on national or regional regulatory mechanisms. In addition, the export terms and conditions differ for various categories of medicines. Innovative drugs account for the main share of the global medicines’ export. Therefore, export of innovative drugs developed in Russia to advanced countries is the most economically profitable direction. Export of generic drugs can bring considerable revenue to the producer and the state, but import substitution by releasing generic drugs weakens the innovative direction of studies and production. The import substitution policy targets manufacturers of medicines to produce generic drugs, as well as products intended, mainly or exclusively, for sale within the country. One of the ways to improve the efficiency of the entire pharmaceutical sector is international cooperation.  

scholarly journals Influence of sanctions on foreign trade of Russia

2019 ◽  
pp. 87-94
Author(s):  
E. Yu. Shirokova
Keyword(s):  
Foreign Trade ◽  
International Organizations ◽  
Import Substitution ◽  
The State ◽  
Federal State ◽  
Expert Opinions ◽  
History Of ◽  
Entire History ◽  
Substitution Policy ◽  
The Eu

After the countries of the EU and the USA introduced sanctions against the Russian Federation in 2014, the topic of influence on the state by other states or international organizations became the focus of attention of both Russian and foreign researchers. For Russian scientists, the topic of sanctions has acquired particular relevance, since they are at the epicenter of both the sanctions and the response measures that followed. The article presents the history of the development of measures of influence on the state by international organizations or other states, the history of studies of the effectiveness of sanctions measures in the entire history of their application is considered. Currently, theRussian Federationis under the sanctions imposed by theUnited Statesand the EU, which, in response to these measures, responded by introducing an import substitution policy. Considering the entire history of the gradual increase in the sanctions list, the state in the field of foreign trade should also detect increasing signs of pressure that would be reflected in indicators of incorporation into world trade. The author makes a hypothesis about the weak impact of sanctions on the state as a whole, and, in particular, on foreign trade. To confirm this hypothesis, the dynamics of the main indicators of foreign trade activity during 2013–2017 is considered. and a change in the commodity structure of exports and imports. The study is based on data from the Federal State Statistics Service, using methods of economic and statistical analysis and comparison of indicators, which allowed to show the degree of impact of sanctions on the main indicators of foreign economic activity. Following the consideration of official statistics, expert opinions on the implementation of planned indicators of the import substitution policy, it is possible to confirm the hypothesis of the weak effect of sanctions on foreign trade.

scholarly journals FISCAL REGULATION OF THE UKRAINIAN CONSUMER MARKET

2020 ◽  
pp. 78-94
Author(s):  
Oksana DESYATNYUK ◽  
Viktoriia SIDLIAR
Keyword(s):  
Foreign Trade ◽  
Import Substitution ◽  
The State ◽  
Point Of View ◽  
High Tech ◽  
Consumer Market ◽  
Consumer Expenditures ◽  
National Production ◽  
Substitution Policy ◽  
Stimulation Of

Introduction. In modern conditions it is important to ensure the competitiveness of one's own country by facilitating the development of high-tech, quality national production, with further stimulation of its exports and protection against fraudulent imports. The research of the state and trends of the consumer market is relevant and necessary for determining the directions and levers of the state's influence on its development. Purpose. The objective of this paper is to research the trends of the Ukrainian consumer market, substantiates possible ways of regulating it with the help of fiscal tools from the point of view of modern protectionism and taking into account globalization and integration requirements. Results. The dynamics and structure of consumer expenditures of households as the main end consumers, the share of imports in the consumer market of Ukraine, foreign trade trends are considered. The import dependence of the consumer market and disturbing tendencies for its strengthening have been revealed. The necessity to support and facilitate the development of national production and deterrence of imports has been identified. Conclusions. The expediency of the implementation of the import substitution policy, the use of fiscal instruments for the development of competitive production with the emphasis on the innovative component is substantiated. Anti-dumping, countervailing and special trade defence measures need to be improved and activated to counteract unfair imports.

scholarly journals FEATURES OF THE RUSSIAN PHARMACEUTICAL MARKET

2021 ◽  
Vol 10 (34) ◽  
Author(s):  
A.I OVOD ◽  
Keyword(s):  
National Security ◽  
Generic Drugs ◽  
Import Substitution ◽  
Pharmaceutical Products ◽  
Pharmaceutical Market ◽  
The Past ◽  
Technical Potential ◽  
The Cost ◽  
Total Sales

The pharmaceutical market in Russia in the current environment is one of the most dynamically developing, which is associated with its high importance for ensuring national security. The change in the foreign policy environment against the background of the events of 2014 showed the negative aspects of the country's previously existing dependence on the import of pharmaceutical products, defining the implementation of the import substitution strategy in the field of drug supply as a long-term benchmark for the development of the industry. However, its implementation actually ran into a number of difficulties, the most important of which is the insufficient level of development of the country's scientific and technical potential in this industry. In the course of the study, the analysis of the main indicators of the dynamics and structure of the domestic pharmaceutical market in physical and value terms, identification of the main trends and their causes was carried out. It has been established that in the past 3 years the domestic pharmaceutical market has been developing, which is confirmed by a steady trend towards an increase in its value from 1.6 to 1.8 trillion. rub. At the same time, generic drugs predominate in the market structure in 2019, accounting for more than 85% of the total number of packs sold, the cost of which amounted to about 60% of the total sales. Consequently, on the Russian pharmaceutical market, there is a tendency towards active distribution of generic drugs of domestic origin, which is due to their price advantage compared to original imported drugs, which are expensive and have problems with implementation under conditions of economic sanctions.

scholarly journals State Policy to support Manufacturing Industries of Russia under International sanctions

2020 ◽  
Vol 9 (6) ◽  
pp. 72-81
Author(s):  
S. A. Tolkachev ◽  
O. O. Komolov
Keyword(s):  
Complex Systems ◽  
Manufacturing Industry ◽  
Import Substitution ◽  
The State ◽  
Manufacturing Industries ◽  
State Support ◽  
Industrial Enterprises ◽  
Substitution Policy ◽  
State Industry ◽  
Simple Systems

The article considers the problem of improving the state support system for manufacturing industries in Russia. We show that the enormous damage caused to the industry during privatisation and market reforms led to devastating consequences, compensated in recent years by a system of state support. However, it concerned only the financial and credit measures. Based on the theory of complex systems, we made a reasonable conclusion that modern industrial enterprises, of course, belong to complex rather than simple systems. At the same time, both general ideas about the economy and the system of state measures to support the industry in Russia are built based on neoclassical approaches to the object of influence as a kind of simple system. We critically analysed the import substitution policy opponents’ arguments in Russia and showed that they are aimed at “simplifying the economy”, i. e. towards the reduction of complex systems to simple ones. Based on the analysis of the database of measures to support the state industry information system (GISP), we concluded that financial and credit measures dominate over organisational and economic ones, which emphasises the prevailing wrong approach of the managing subject to the management object (manufacturing industry) as simple systems.

scholarly journals IMPORT SUBSTITUTION AS A FORM OF EFFECTIVE SOCIO-ECONOMIC POLICY OF THE STATE

2021 ◽  
Author(s):  
Katerina Fokina-Mezentseva
Keyword(s):  
Economic Effect ◽  
Import Substitution ◽  
The State ◽  
Balance Of Payments ◽  
Added Value ◽  
Urgent Problem ◽  
Industrial Countries ◽  
Institutional Aspect ◽  
Substitution Policy ◽  
Domestic Products

The article is devoted to an urgent problem, the solution of which will improve the existing tools and approaches to import substitution in Ukraine. The article describes the process of import substitution as a kind of state policy. The main features of the process of import substitution and directions of implementation based on the criteria of economic, social and strategic expediency are given. The possibilities and limitations of the implementation of the import substitution policy as a method of stabilizing the economy are revealed. The necessity of applying the policy of protectionism, deregulation by the state to obtain a socio-economic effect has been substantiated. The study identifies the elements of the implementation of approaches to import substitution in Ukraine and proposes the directions of the organizational and economic mechanism for regulating import substitution. Import substitution should be considered not only in the commodity sense, but also in its resource component, institutional aspect, the degree of influence on the rights of access to resources and markets, and the like. Taking these aspects into account makes it possible to systematically and comprehensively understand the scale of the import dependence of the domestic market and more effectively implement the import substitution policy. Numerous studies of recent years indicate that the policy of import substitution is considered in the context of the problem of ensuring economic growth of the national economy, is constrained by the restriction of the balance of payments, and therefore, to support it, it is necessary either to increase exports or restrict imports. The import substitution policy must be implemented based on the criteria of economic, social and strategic expediency. The result of the use of import substitution should be an increase in the competitiveness of domestic products by stimulating the modernization of production, increasing its efficiency and the development of new competitive types of products with a relatively high added value. This will allow the country to increase the level of gross domestic product production and compete on equal terms with developed industrial countries.

Development of the caucasian mineral waters region in the context of import substitution policy in the tourist market of Russia

2017 ◽  
Vol 15 (4) ◽  
pp. 658-675
Author(s):  
N.N. Kiseleva ◽  
◽  
A.A. Orlyanskaya ◽  
Yu.M. Il'yaeva ◽  
◽  
...  
Keyword(s):  
Import Substitution ◽  
Mineral Waters ◽  
Substitution Policy

Problems of Implementation of an Import Substitution Policy in the Oil Industry

2019 ◽  
pp. 50-57
Author(s):  
Yu. V. Vertakova ◽  
A. S. Evtyukhin
Keyword(s):  
Import Substitution ◽  
Oil Industry ◽  
Investment Climate ◽  
Scientific Publications ◽  
Stage Of Development ◽  
Current Economic Situation ◽  
Negative Effect ◽  
Substitution Policy ◽  
Investment Process ◽  
The Impact

The presented study addresses the issues of implementation of an import substitution policy in the Russian oil industry. Support of domestic production is a key objective specified in the message of the President of the Russian Federation in 2019. In light of the current economic situation and considering the importance of the oil industry for the Russian economy, an import substitution policy could help achieve the objective set by the President.Aim. The study aims to identify the problems and ways of implementation of an import substitution policy in the Russian oil industry.Tasks. The authors analyze scientific publications on import substitution and the state of the Russian oil industry at the current stage of development; determine the directions and fundamental trends in the development of the oil industry; identify obstacles that hinder the implementation of an import substitution policy in the oil industry; describe conditions that facilitate the development of the  investment process in the oil industry; propose comprehensive methods and ways to intensify investments and optimize costs for enterprises in the oil industry.Methods. This study uses general scientific methods of cognition, comparative and statistical analysis to identify problems in the implementation of an import substitution policy in the oil industry.Results. Examination of the current state and development prospects of the oil industry allows the authors to identify obstacles to the development of import substitution. The study shows their impact on the potential of import substitution, which has a negative effect on the prospects of intensification of investment processes, and proposes comprehensive methods and mechanisms that could neutralize the impact of the identified obstacles, thus facilitating the formation of a positive investment climate. Conclusions. Investment climate is shown to have a decisive impact on the potential of import substitution in the Russian oil industry, and ways of overcoming negative trends in the development of the oil industry are proposed.

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