scholarly journals Industrial Development in the South of Russia in Conditions of COVID-19 Crisis

2021 ◽  
pp. 135-144
Author(s):  
Olga Chernova ◽  

The coronavirus pandemic caused significant damage to the economy of the regions. The comprehension of the impact of pandemic on industrial development of the territory is the goal of many scientific studies. The purpose of this article is to identify trends in the development of certain industrial sectors in the South of Russia and to suggest managerial measures arising from the experience of the COVID-19 pandemic. The study was founded on monitoring data from the Federal Service for State Statistics of Russia. The object of the research was the old industrial regions in the South of Russia. During the study, it was determined that at the beginning of the pandemic, the economy of the regions under analysis was characterized by a low potential for innovative development and a low level of return on assets. With a high demand for digital technologies, they have become most widespread in the automation of internal business processes of enterprises. The impact of the COVID-19 crisis on individual sectors of industry turned out to be multidirectional. The most affected industrial sector was oil production. The economic growth was demonstrated by enterprises of agricultural engineering, metallurgy and a number of others. It is shown that the recovery of industrial production is complicated by a low level of development of its material and technical basis; high import dependence of production on components, raw materials, spare parts; high competition from foreign market players; shortage of human capital. It is concluded that industrial ecosystem structures are the drivers of economic growth in the conditions of the pandemic. Management recommendations which are aimed at the development of industrial ecosystems are provided. They are focused on the environmental component of industrial production, development of cooperative business interactions to maintain the sustainability of the supply chain, digitalization of business processes with the simultaneous development of smart competencies of personnel, import substitution production and focus on the domestic market.

2020 ◽  
Vol 9 (28) ◽  
pp. 465-474
Author(s):  
Ilmir Nusratullin ◽  
Nikolai Sergeev ◽  
Maxim Kuznetsov ◽  
Anastasia Sheina ◽  
Lyudmila Shubtsova

One of the most important sectors of the economy in Russia is industry. In this regard, the state seeks to stimulate the development of innovations in this area. Over the past few years, many industrial sectors in Russia have been in a crisis situation, which is caused by several factors: a decrease in the level of real investment, a decrease in the solvent demand of enterprises-customers and public consumers, and the introduction of financial and economic sanctions in 2014 against Russia by the United States and the European Union countries, as well as the effect of other macroeconomic factors independent of the activities of industrial enterprises. This study aims to identify the main trends in the development of industrial production in Russia in recent years, and an explanation of its causes. This topic is relevant in connection with the foregoing and may be of interest to academic economists studying industry development trends in developing countries. The aim of the study is to analyze the state of industry in Russia from 2015 to 2018 during the period of sanction pressure on the industrial and financial sectors of the Russian economy. Having examined the latest data on the results of the activity of Russian industry as a whole, one can note positive trends in the development of industrial production in Russia despite a number of negative internal and external factors. It is concluded that today, for Russia, the strategic tasks in industrial policy are reduced to overcoming technological backwardness and carrying out technological modernization of industries based on the use of innovative achievements, as well as import substitution for the sectors of the economy that are sensitive to foreign sanctions.


2018 ◽  
Vol 34 (1) ◽  
pp. 3-9
Author(s):  
M. S. Abrashkin ◽  
A. A. Vershinin

The article analyzes the market of computer technologies. The theoretical substantiation of the scientific category «digital economy» and its economic components was given. Identified patterns of development of the domestic economy on the basis of informatization, the change of technological paradigms and the dynamics of industrial production. Based on the materials of the automotive industry, the influence of the digital economy on the internal industrial and technological structure of the industry and the results of its activities was proved. Also, the paper presents the main problems of sustainable industrial development in the context of socio-technical and economic means of developing science and technology in Russia.


2014 ◽  
Vol 29 (3) ◽  
pp. 315-330
Author(s):  
Yanina García Skabar ◽  
Matilde Nicolini

During the warm season 2002-2003, the South American Low-Level Jet Experiment (SALLJEX) was carried out in southeastern South America. Taking advantage of the unique database collected in the region, a set of analyses is generated for the SALLJEX period assimilating all available data. The spatial and temporal resolution of this new set of analyses is higher than that of analyses available up to present for southeastern South America. The aim of this paper is to determine the impact of assimilating data into initial fields on mesoscale forecasts in the region, using the Brazilian Regional Atmospheric Modeling System (BRAMS) with particular emphasis on the South American Low-Level Jet (SALLJ) structure and on rainfall forecasts. For most variables, using analyses with data assimilated as initial fields has positive effects on short term forecast. Such effect is greater in wind variables, but not significant in forecasts longer than 24 hours. In particular, data assimilation does not improve forecasts of 24-hour accumulated rainfall, but it has slight positive effects on accumulated rainfall between 6 and 12 forecast hours. As the main focus is on the representation of the SALLJ, the effect of data assimilation in its forecast was explored. Results show that SALLJ is fairly predictable however assimilating additional observation data has small impact on the forecast of SALLJ timing and intensity. The strength of the SALLJ is underestimated independently of data assimilation. However, Root mean square error (RMSE) and BIAS values reveal the positive effect of data assimilation up to 18-hours forecasts with a greater impact near higher topography.


2017 ◽  
Vol 21 (5) ◽  
pp. 114-122
Author(s):  
V. V. Bredikhin ◽  
T. S. Kolmykova ◽  
E. O. Astapenko

The current socio-economic situation in Russia is developing under the influence of anti-Russian sanctions, the intensification of global competition, the complication of the world political situation. Against this background, a complex problem requiring an integrated and systemic solution is to ensure sustainable parameters of economic growth. As the economy has a tendency to repeat the dynamics, it allows us to identify the cyclical nature of its development. Successful industrial development is replaced by periods of decline, accompanied by inflation and unemployment, a decline in production and consumption. The study of socio-economic dynamics in a long-term retrospective allows us to identify patterns in development and develop a set of anti-crisis measures. In this paper, we study the dynamics of socio-economic processes that accompany the development of the national economic complex in recent years. Analysis of the dynamics of the GDP of the Russian Federation made it possible to discover the cyclical nature of its development. From 2002 to 2015, two cycles were identified: the first - from 2002 to 2008; the second - from 2009 to 2015. After the global financial and economic crisis of 2008-2009, Russia noted the post-crisis economic recovery, which was interrupted in 2013-2014 by the introduction of international economic sanctions against Russia. The slowdown in economic growth since 2014 was determined by external shocks in the energy and raw materials markets, as well as by geopolitical tensions and, as a result, the closure of foreign capital markets for a number of Russian companies and banks. Analysis of investment as the main catalyst for economic growth showed a fall in investment volumes amid the effects of the crises of 2008 and 2013-2015. A decrease in investment activity in the regional structure of investments was noted. The modern tendencies in reorientation of regional investments in the branch, not subject to sanctions influence and working on realization of import substitution policy are revealed. Groups of activities aimed at stimulating capital investments and ensuring sustainable economic development in the regions have been formed.


2019 ◽  
Vol 15 (7) ◽  
pp. 70
Author(s):  
D.K.Y. Abeywardhana

The share of working age population has declined all over the world. It is forecasted that this will continue for the coming years in all countries in South Asia. Low growth in working age population in South Asia will be effecting negatively for the economic growth. This paper studies whether the South Asia 2050 employment targets would be sufficient to compensate for the downward impact of demographic burden and whether the impact of demography on economic growth differs between South Asian countries. The results show that degreasing working age population is the main challenge the South Asian region faces. Further it shows that growth in GDP mainly depend on the demographic change. Population who contributed the economic development become maturing and dependents of their children. The consumption of the ageing population is very high as of higher spending on healthcare facilities. This effect badly on the economic growth in the region and cause lots of challenges to the nations.


1991 ◽  
Vol 12 ◽  
pp. 100-112
Author(s):  
Eric M. Mackey

This paper analyzes the impact of industrial change on partisan transitions in the American South. Using aggregate data from the decennial censes from 1940 to 1980 and aggregate election returns for roughly this same period, the primary finding is a weak and often contradictory bivariate relationship between industrial employment and partisan support in the South. The results were usually much worse for a typical economic development thesis when the dependent and independent variables were operationalized dynamically and when presidential voting and congressional voting were analyzed separately. Overall, the evidence in this paper does not suggest that the Republican party is necessarily or often a beneficiary of industrialization. Neither does it speak well for the possibility of pursuing industrial development as a means of promoting partisan democracy in the South or any other geopolitical context.


2020 ◽  
Vol 16 (6) ◽  
pp. 1148-1164
Author(s):  
Chi Chang ◽  
V.M. Zaernyuk

Subject. China's industrial sectors are important vehicles that made China the global leader of GDP and economic growth. However, China managed to reach such results sacrificing its environment. The study discusses the coordination of actions spurring the economic growth and environmental protection in order to avoid such sacrifices for the sake of the national economic development. Objectives. We examine the mechanism of bilateral effects on the economic growth of China's industries and environmental protection to provide the empirical framework for the reasonable natural protection policy and environmental regulations. Methods. Theoretical projections stem from the analysis of economic literature and empirical research on resources, environment and sustainable economic development in the existing theories of economic growth. Results. Having analyzed how the environmental pollution and the industrial economic growth of China correlated, we found that a set of various environmental pollution indicators strongly differed from the empirical findings of the study. Therefore, it is still not found how the economic growth of China influenced the environmental pollution. Conclusions and Relevance. The improvement of the environmental quality is not an unavoidable endogenous result of the economic growth. If the Chinese industrial sectors continues growing extensively, the environment will grow even more polluted. It is necessary to determine a reasonable environmental protection policy to combine it with economic growth, and tighten the environmental regulations.


2018 ◽  
Vol 13 (22) ◽  
pp. 151
Author(s):  
Брано Маркић ◽  
Сања Бијакшић ◽  
Арнела Беванда

Резиме: Рад је истраживање и емпиријска верификација закона Ницхолас Калдора о утицају индустријске производње на раст бруто друштвеног производа. Калдор је формулисао принципе економског раста у облику три закона који настоје утврдити кључне узроке економског раста. Први његов закон тврди да је стопа раста привреде позитивно корелирана са стопом раста њезина производног сектора. Индустрија као најважнија снага развоја привреде се поодавно анализира у литератури о привредном развоју: Hirschman (1961), Rosenstein-Rodan (1943), Th irnjall (2013), Cornnjall (1977). Циљ рада је емпиријски провјерити Калдоров приступ расту и развоју у Федерацији Босне и Херцеговине. Стога је обликован посебан скуп података кога чине дводимензионалне табеле и временске серије. Регресијском анализом је квантификована повезаност између стопа раста бруто друштвеног производа и стопе раста индустријске производње.Summary: The paper the industrialization and the growth of gross domestic product is a research and empirical verification of Nicholas Kaldor laws on the impact of industrial production to GDP growth. Kaldor has formulated the principles of economic growth in the form of three laws that tend to identify key causes of economic growth. His first law asserts that the rate of economic growth is positively correlated with the rate of growth of its manufacturing sector. Industry as the most important force of economic development is widely analyzed in the literature on economic development (Hirschman (1961), Rosenstein-Rodan (1943), Thirwall (2013), Cornwall (1977)). The aim is to empirically test the Kaldor’s approach to growth and development in the Federation of Bosnia and Herzegovina. It is therefore designed a special data set consisting of two-dimensional tables and time series. Using regression analysis was quantified the relationship between the growth rate of gross domestic product and the growth of industrial production. 


2021 ◽  
Vol 8 (1) ◽  
pp. 84-91
Author(s):  
Kholiq Budiman ◽  
Subhan Subhan ◽  
Devi Ajeng Efrilianda

Covid 19 has become a pandemic that has hit all over the world. Almost all sectors are affected by this pandemic, not only in the health sector. The economic and industrial sectors have also suffered severe impacts due to the coronavirus pandemic. This spreading virus does not support economic growth either nationally or globally. Finally, it has an impact on various industrial sectors in the country, from manufacturing to finance. The industry was one of the largest contributors to Indonesia's Gross Domestic Product (GDP) last year. The contribution given from this industry to the 2019 GDP was recorded at 19.62%. Due to this pandemic, according to the Central Statistics Agency (BPS), during February 2020, the importance of all categories of goods decreased compared to January 2020. This stunted industrial development was due to the government's appeal for social distancing; social distancing made it difficult for industry players to make transactions. Several obstacles require re-engineering of business processes in the industry. In general, the industry already has an Enterprise Resource Planning (ERP) system used in the related production process. However, ERP does not enter into the realm of buying and selling or the process of procuring goods with consumers. Therefore we need a Business Process Reengineering as an engineering process to integrate the ERP and the bidding system or quotation system. Using the moving average method as a forecasting method, we can get sustainable sales even during the Covid period, even seen an increase in transactions in the new period, along with the implementation of the quotation information system applied in the re-engineering business process.


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