THE USE OF A STRUCTURAL-INSTITUTIONAL APPROACH TO THE ANALYSIS OF DEVELOPMENT OF A REGIONAL ECONOMIC COMPLEX

Authors

  • Nikolai S. Kokov
  • Safarbi M. Pshikhachev
  • Fatima E. Karaeva
  • Magomed M. Musaev
  • Evgenia A. Mamysheva

Keywords:

competition, structural shift, institutional factors, managemental relations, industrial policy, industrial complex, economic crisis, Regional industrial complex

Abstract

Enhancement of efficiency and competitiveness of the industrial complex requires changing the existing methods and improving the used methods for forming and implementing industrial policy. Particularly acute is the task of ridding the industrial enterprises of the dependence on foreign technologies and components and the transition to total import substitution under the sanctions of the Western powers and the United States of America. The analysis of the special literature on the problems of development of the industrial complex of the Russian Federation makes it possible to summarize certain provisions of the formation and implementation of industrial policy. 1. Definitely, reasonable participation of the state is obligatory in a market economy conditions, as a result of which it is necessary and appropriate to use the methods of government regulation and planning to establish priority areas for making joint efforts. 2. When developing an industrial policy strategy, it is necessary not only to take the peculiarities and trends of development of the industrial complex of the Russian Federation into account, but also to allow for all various possible scenarios with estimates of the main criteria. 3. The bar should always be raised, as, an attenuation of all rates of growth in industry indicators is inevitable without a transition to a new technological level. All this requires breakthrough technologies and developments to be definitely used. 4. In industrial policies, it is also necessary to consider their direct and indirect effects on other sectors of the national economy [2; 7; 13].

Published

2020-03-01

Issue

Section

Artigos e Ensaios