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The Transport Infrastructure Development Features in Russia: Problems and Ways to Solve

M.A. Kirakosjan, A.V. Penyugalova and A.P. Pyshnograi

International Journal of Economics & Business Administration (IJEBA), 2020, vol. VIII, issue Special 1, 59-68

Abstract: Purpose: The article is devoted to the forecast of prospects for the acceleration of the infrastructure transport construction in the Russian Federation and the identification of barriers to its limitation that can be overcome with the help of administrative and economic tools. Design/Methodology/Approach: The article presents the calculation and graphic material based on data from ROSSTAT, the Ministry of transport and several world global indexes. Findings: The article discusses the main trends in the construction and development of transport infrastructure in Russia. The authors identified the features of the current transport infrastructure, several problems in the formation of the timely and priority investment development programs. Also, the authors highlighted global trends in the development of this sector of the economy. Practical implications: The authors make a conclusion about the necessary measures to influence the process of building the new transport infrastructure facilities and modernizing existing ones to ensure the further economic growth in Russia. Originality/value: The scientific results presented by the authors can be used in the relevant industry and regional infrastructure strategies, as well as in further research.

Keywords: Investment; infrastructure; logistics; transport infrastructure; economic growth. (search for similar items in EconPapers)
Date: 2020
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Handle: RePEc:ers:ijebaa:v:viii:y:2020:i:special1:p:59-68