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

Author(s):  
S. A. Tolkachev ◽  
O. O. Komolov

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.

Author(s):  
Наталья Коваленко ◽  
Андрей Чекунов

Статья посвящена анализу и оценке мер государственной поддержки импортозамещения в национальном сельхозмашиностроении. Рассматриваются ход и результаты государственной поддержки импортозамещения в отрасли, недостатки, эффективность. Предложены шаги, способные повысить эффективность государственной поддержки импортозамещения в сельхозмашиностроении Российской Феде-рации. Effective development of domestic agricultural engineering ensures the achievement of high production volumes of agri-food products. To improve the national production of agricultural machinery, the leading countries of the world provide state support to their pro-ducers. At the same time, these countries stimulate the development of the industry in order to dominate their producers in the domestic market, and to expand into the markets of foreign countries. For a long time, Russia has been the object of widespread expansion by foreign manufacturers of agricultural equipment. At the same time, under the conditions of economic sanctions, dependence on im-ported agricultural equipment limits the development of the domes-tic agro-industrial complex. Significantly reduce dependence on foreign supplies of agricultural equipment and ensure the competi-tiveness of domes- tic products should be implemented in the indus-try's current policy of import substitution. The purpose of the article is to analyze the implementation of the policy of import substitution in domes-tic agricultural machinery and assess its impact on the development of the industry. Government sup-port has a significant impact on the development of the industry, which is confirmed by statistical data and materials of market participants. Analysis of the literature and regulatory acts showed that the state financial support for the industry is carried out in 4 areas: industrial, technological, marketing and personnel. The effectiveness of state support is determined by the state of the industry, the situation on the domestic market of agricultural equipment and the achievement of support goals. To date, govern-ment support measures for import substitution in the industry have not ensured its stable development and increased competitiveness of the products produced. The authors analyzed the implementation of the state policy of import substitution in the domestic agricultural machinery in the framework of the relevant sectoral plan. Based on the analysis, a conclusion was made about the need to improve measures of state support for the industry.


2018 ◽  
Vol 7 (4.38) ◽  
pp. 1214
Author(s):  
Natalia Pyatigorskaya ◽  
Andrei Meshkovski ◽  
Zhanna Aladysheva ◽  
Valery Beregovykh ◽  
Vasily Belyaev ◽  
...  

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.  


Author(s):  
E. Yu. Shirokova

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.


Author(s):  
L.V. Plakhova

The questions of state regulation of development of the region entrepreneurial structures, creation of competitive regional economy and import substitution activation require special attention of governmental authorities in the context of national projects realization. In the article the features of directions of the state support of small and medium-size business are considered.


Author(s):  
M. A. Kholodova ◽  
◽  
T. A. Miroshnichenko ◽  
N. A. Svyatogorov ◽  
◽  
...  

The stable financial and economic state of agriculture largely determines the success of the implementation of the export-oriented strategy for the development of the agro-industrial complex of Russia chosen by the state. The authors analyzed and studied the main factors affecting the financial and economic condition of key agriculture sectors of the Russian Federation. The study identified the problems hindering the significant ramp-up of the crop and animal products output, the main of which are: the insufficient technical potential of agriculture, low level of investment activity, the imperfect mechanism for allocating preferential investment and short-term loans to agricultural producers, the disparity in prices for agricultural products and manufactured goods, the insufficient state support for the industry, the shortage of personnel potential in agriculture, etc. Despite the existing problems, the authors highlight the tendency of the growth in crop and animal products output and strengthening of the financial state of agricultural enterprises resulting from the implementation of the state policy of import substitution and the introduction of food embargo on basic foods. At the same time, the volatility of prices for crop and animal products negatively affects the financial results of agricultural producers, leads to the deficiency of own funds for technical reequipment of production, the introduction of technological innovations, the faster increase in production volumes and serves as an obstacle when implementing the targeted guidelines of the state concept of export-oriented development of the industry. The study noted the growth of debt under credits and loans and overdue accounts payable per one agriculture organization resulted from the pre-bankruptcy of several large-scale agricultural holdings. To strengthen the financial and economic state of agriculture, the authors recommended improving the mechanisms of state stimulation to attract financial resources of private investors, increasing the volume of state support for agricultural producers, providing preferential investment and short-term loans to agriculture, and expanding state support programs for small and medium-sized forms of agriculture in the countryside.


2021 ◽  
Author(s):  
Vladislava Poletaeva

"The monograph is devoted to the development of a financial mechanism for the transformation of the national economic system from a relatively low growth rate and their significant instability of the export-raw materials model to a model of sustainable industrial growth. In the first chapter, the rationale is made for the feasibility (to solve the problem of forming an economy of sustainable industrial growth) of developing cooperation between the banking sector and the state in the field of financing the manufacturing industry based on the implementation of the interests of all key stakeholders of such projects, the interests of the state, the banking sector and manufacturing enterprises are identified, and the completeness of their implementation within the existing mechanisms of bank-state investment in the economy is assessed. The second chapter describes the algorithm of transactions for lending to industrial enterprises as part of the financial mechanism for forming an economy of sustainable industrial growth, and also develops methods for implementing the interests of the bank, the authorized state institution (creditors) and the manufacturing industry (borrower) when providing the latter with financing and in a situation of problem debt. In the third chapter, the author formulates a method for determining the "locomotive" industries, investment in which will stimulate the growth of the national economic system to the greatest extent


The main objective of the study is an objective economic assessment of the mechanisms of state support for producers of energy capacities for Russian agriculture. According to the results of the study, the article presents an in-depth analysis of the security of Russian agriculture with modern technology, the development of agricultural engineering, an assessment of the effectiveness of state support measures, and suggests key areas for stimulating the development of agricultural engineering in the context of the implementation of import substitution and food security. The following conclusions are formulated and justified: the formation of food security at the state level can be realized only under the condition of resource independence of the agricultural sector; the technological breakthrough observed in agriculture in recent years has become possible only under the condition of technical and technological modernization; dependence on imports of machinery and other productive resources does not allow the formation of a food security system, even if the state provides itself with food in bulk parameters


2020 ◽  
pp. 78-94
Author(s):  
Oksana DESYATNYUK ◽  
Viktoriia SIDLIAR

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.


2017 ◽  
Vol 21 (4) ◽  
pp. 109-117
Author(s):  
A. A. Golovin ◽  
M. A. Parkhomchuk ◽  
Ar. A. Golovin

The economic sanctions of the United States, Canada, Australia, the EU in banking and technological sectors jeopardized Russia's national security. Moreover, the break of traditional technological chains of industrial enterprises in Russia and Ukraine set the task of accelerated import substitution. The economic situation inside the country is depressed, since internal reserves are insufficient for quick solution of the import substitution problem. An important condition to increase the efficiency of industrial production is the search for internal reserves at the local level, as well as ensuring sustainable operation of enterprises. The concept of sustainable operation of an enterprise includes its economic security, determined both by internal and external factors. In this paper a number of specific features of industrial production such as strict regulation and control by the state, a high level of specialization, technical complexity, the need for highly qualified specialists, and complexity of spatial placement is defined. Features of industrial production determine threats to the enterprise economic security. A high degree of regulation and control by the state creates the following threats: pressure of public authorities in order to obtain benefits, use of administrative resources in trade wars and raidership, frequent and drastic changes of laws, the risk of falling into dependence on officials, shareholders and partners. The focused narrow specialization of production negatively affects the ability of an enterprise to react quickly to market changes, and, first of all, the market conjuncture. This feature forms the following threats: falling demand for manufactured products, stiffening competition in a certain territory, aggravation of competition with enterprises producing similar goods, monopolization of the market, unfair competition. Due to technical complexity of the production process, the following threats arise: high degree of wear and tear of equipment, industrial injuries and manufacturing defects. A significant need for highly qualified specialists is conditioned by the complexity of the technological process and forms the following threats: labour shortage, low personnel qualifications, flow of highly qualified specialists to competitors, and the risky investments in personnel. The location of a number of industrial productions is bound to the locations of resources and markets. Metallurgical production is heavily dependent on the location of deposits of iron ore and coal. A number of industries gravitates to the market channels. Relationship of business owners and local authorities also influences enterprise location. Depending on the form of relationship, the enterprise is provided with the most comfortable or complicated business conditions. The considered specific features of ensuring economic security of industrial enterprises determined the arising threats. If security threats are known, they can be quantified, which will facilitate continuous monitoring of the situation. The program for ensuring economic security of an industrial enterprise should include continuous monitoring, a set of measures to neutralize threats and tools to minimize losses.


Author(s):  
Katerina Fokina-Mezentseva

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.


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