Models of industrialization with the cumulative effect of the economic policy pursued in Russia

O. S. Sukharev ()

RSUH/RGGU BULLETIN. Series Economics. Management. Law, 2023, issue 2

Abstract: In the pre-sanctions period in the development of the Russian economy, the task of its industrialization caused scientific and political discussions. However, the issue of organizing the growth of a new quality, open economic wars and sanctions only increased its relevance. The purpose of the study is to typify the models of industrialization of the Russian economy that would be consistent with the general task of stimulating economic growth, taking into account the cumulative effect of the ongoing economic policy, which manifests itself not only at the macroeconomic level, but also in the implementation of sectoral government measures. The task was also a theoretical substantiation of the cumulative effect of state policy on development goals. The research methodology is based on the theory of economic growth and economic policy, the author’s theory of economic system restructuring; it involves the use of econometric, taxonomic, comparative empirical analysis. The general result of the study is that, firstly, the introduction of a concept of various options for the cumulative effect and the strength of economic policy instruments; secondly, the confirmation of technological stagnation in the Russian economy, at least in civil industries, what is requiring active industrialization, reduced to technological re-equipment; thirdly, obtaining conditions for assessing the growth of the economy during its industrialization, which is reduced to the growth of the sector of means of production, which creates them for its own functioning and ensuring other types of activity. The model of industrialization as a restructuring is also shown, acceptable deindustrialization and passive industrialization are highlighted depending on the dynamics of the consumer sector. The ambiguity of the choice of the industrialization model at the theoretical level of analysis is confirmed, what provides a difficult choice when developing an appropriate policy, when it is necessary to take into account the cumulative effect. Thus, the perspective of the study is the refinement of specific instruments of industrial policy by industry with the identification of their current and potential force of use, in terms of achieving the goal of industrialization and economic growth.

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://economics.rsuh.ru/jour/article/viewFile/463/388 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aca:journl:y:2023:id:463

DOI: 10.28995/2073-6304-2023-2-42-68

Access Statistics for this article

More articles in RSUH/RGGU BULLETIN. Series Economics. Management. Law from Russian State University for the Humanities (RSUH)
Bibliographic data for series maintained by Ð ÐµÐ´Ð°ÐºÑ†Ð¸Ñ ().