Structural obstacles and limitations of the import substitution in the Russian economy in the context of external shocks
https://doi.org/10.46554/1993-0453-2023-1-219-18-26
Abstract
In the context of increasing external shocks, the unresolved problems of the import substitution of recent years have been turning into significant obstacles that hinder the movement towards the technological sovereignty and stable social-and-economic development. The most significant obstacles are the structural problems of the development of the real sector of the Russian economy – technological, reproductivesectoral, and institutional ones, which have not found their solution throughout the market transformations. To overcome these obstacles and limitations, a reorientation of the structural policy of the state towards achieving success in the import substitution is proposed. The purpose of this study is to identify obstacles and limitations of the import substitution in the Russian economy in the face of external shocks, as well as possible ways to overcome them. To achieve this purpose, methods of structural and comparative analysis, graphical and tabular display of its results, economic and statistical interpretation of data from open official sources of information were used. The results of the study are aimed at creating structural conditions for solving key problems of the import substitution development in the long term, taking into account the prospect of increased external shocks.
Keywords
import substitution,
obstacles and limitations,
external shocks,
economy,
structural policy,
technological sovereignty
Supporting agencies: the research was carried out at the expense of a grant from the Russian Science Foundation No. 23-28-01423, https://rscf.ru/project/23-28-01423/
About the Authors
S. A. Zhironkin
National Research Tomsk Polytechnic University
Russian Federation
Russian Federation
Sergey A. Zhironkin – Doctor of Economics, Professor
Tomsk
E. A. Taran
National Research Tomsk Polytechnic University
Russian Federation
Russian Federation
Ekaterina A. Taran – Candidate of Economic Sciences, Associate Professor
References
1. Mau V. Russian reforms through the prism of the Latin American experience: some results and trends // Scientific works of the E.T. Gaidar Institute of Economic Policy Foundation. 1998. No. 8. Pp. 3–25.
2. Kadochnikov P., Sinelnikov-Murylev S., Chetverikov S. Import substitution in the Russian Federation in 1998–2002. Moscow, 2003. 95 p.
3. Kukharskaya N.A. State policy of regulating the development of export-oriented and import-substituting industries // Economics of Industry. 2007. No. 1 (36). Pp. 171–177.
4. Abaikhanov Kh.M., Teunaev Z.D. Foreign investments and their impact on the competitiveness of the national economy // Economy space. 2007. No. 4-3. Pp. 7–10.
5. Shirokova I. From import substitution to innovation // Remedium. 2011. No. 8. Pp. 72–73.
6. Makarov A.N. On the interaction of small and large businesses in industrial innovative import substitution // Regional Economics: Theory and Practice. 2012. No. 18. Pp. 33–37.
7. Kuznetsova V.A. Ways to stimulate import substitution in Russia // Transport business in Russia. 2010. No. 1. Pp. 90–92.
8. Kulagin V.A., Grushevenko D.A., Kozina E.O. Effective import substitution // Energy policy. 2015. No. 1. Pp. 49–57.
9. Kheifets B.A. Import substitution and competitiveness // Russia and the modern world. 2016. No. 2 (91). Pp. 6–21.
10. Shiyanova A.A., Basha N.V., Lobanov O.S. Import substitution in the Russian IT market // International Research Journal. 2014. No. 7-1 (26). Pp. 61–62.
11. Dremov V.V. Import substitution as a factor in the development of industrial production under sanctions // Financial Markets and Banks. 2023. No. 1. Pp. 100–102.
12. Merenkov A.O. Ensuring technological sovereignty in the automotive industry in Russia: problematic issues and development scenarios // Innovations and investments. 2023. No. 1. Pp. 285–288.
13. Import substitution in Russia: yesterday and tomorrow : report / Higher School of Economics. Feb. 2023. URL: https://www.hse.ru/mirror/pubs/share/814560067.pdf (date of access: 10.02.2023).
14. Chernysheva T.K., Ilyanov D.S. Comparative analysis of labor productivity in Russia and China // Theoretical and applied economics. 2019. No. 4. Pp. 78–89.
15. Kuznetsova G.V., Tsedilin L.I. Import substitution: preliminary policy results for five years // Russian Foreign Economic Bulletin. 2019. No. 10. Pp. 7–25.
Review
For citations:
Zhironkin S.A., Taran E.A. Structural obstacles and limitations of the import substitution in the Russian economy in the context of external shocks. Vestnik of Samara State University of Economics. 2023;(1):18-26. (In Russ.) https://doi.org/10.46554/1993-0453-2023-1-219-18-26
Views:
7
Email this article 