THE COMPETITIVE POWER OF RUSSIA’S LIGHT INDUSTRY VALUE CHAINS AND DEVELOPMENT PROSPECTS

Andrey Kaukin

Russian Economic Development, 2015, issue 3, 49-55

Abstract: The Gaidar Institute for Economic Policy has analyzed the state of Russia’s light industry and made a comparative analysis of the competitive power of production chains of Russian manufacturers and their principal foreign competitors. The analysis shows low degree of integration of Russia’s light industry into the international value chains. However, some sub-sectors already have (or can embody) competitive advantages over their principal competi - tors in the international market. These sub-sectors are the manufacture of synthetic textiles, wool textiles, linen textiles and respective fi nished products thereof. Additionally, narrower light industry segments were identifi ed, which have some properties making these segments worthwhile of being developed and supported. The obtained results were used for making recommendations on a comprehensive economic policy in the industry.

Date: 2015
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