Foreign Experience of Import Substitution Policy

In the current international environment — with fashion on international sanctions, in particular, limiting the possibilities of purchasing high-tech equipment from abroad and dependency of the exchange rate of the ruble against various political provocations — the Russian Federation has faced with...

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Main Author: V. A. Baynov
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2018-08-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/183
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author V. A. Baynov
author_facet V. A. Baynov
author_sort V. A. Baynov
collection DOAJ
description In the current international environment — with fashion on international sanctions, in particular, limiting the possibilities of purchasing high-tech equipment from abroad and dependency of the exchange rate of the ruble against various political provocations — the Russian Federation has faced with the necessity of re-industrialization of the ‘raw’ model of the economy and stimulation of the development of its inner potential. It should be noted that, in accordance with the Plan for promoting import substitution in industry No. 1936-r of 30 September 2014, approved by the order of the Government of the Russian Federation, the Ministry of industry and trade of the Russian Federation has developed and is implementing 22 sectoral plans for import substitution in selected industries of the Russian Federation. In this regard, it is particularly important to study international experience in the field of import substitution policy. The validity and reliability of presented study are achieved by applying a systematic approach and scientific methods of analysis and synthesis, deduction and induction, as well as regulatory, empirical method, etc. As a result of the analysis of international experience, it was possible to identify measures that can improve the efficiency of the state policy of import substitution, including through the use of offset mechanisms in civilian industries and the development of the institution of public procurement, certification, and standardization. In conclusion, the author proposes measures that can improve the policy of import substitution. The practical significance of the article consists in the possibility of applying the results of the study in the elaboration of industrial development programs and further research.
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spelling doaj.art-882aa9c6f9a24a13b68107e4d98822bc2025-03-02T10:52:04ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722018-08-0112212212810.26794/2220-6469-2018-12-2-122-128181Foreign Experience of Import Substitution PolicyV. A. Baynov0Lomonosov Moscow State UniversityIn the current international environment — with fashion on international sanctions, in particular, limiting the possibilities of purchasing high-tech equipment from abroad and dependency of the exchange rate of the ruble against various political provocations — the Russian Federation has faced with the necessity of re-industrialization of the ‘raw’ model of the economy and stimulation of the development of its inner potential. It should be noted that, in accordance with the Plan for promoting import substitution in industry No. 1936-r of 30 September 2014, approved by the order of the Government of the Russian Federation, the Ministry of industry and trade of the Russian Federation has developed and is implementing 22 sectoral plans for import substitution in selected industries of the Russian Federation. In this regard, it is particularly important to study international experience in the field of import substitution policy. The validity and reliability of presented study are achieved by applying a systematic approach and scientific methods of analysis and synthesis, deduction and induction, as well as regulatory, empirical method, etc. As a result of the analysis of international experience, it was possible to identify measures that can improve the efficiency of the state policy of import substitution, including through the use of offset mechanisms in civilian industries and the development of the institution of public procurement, certification, and standardization. In conclusion, the author proposes measures that can improve the policy of import substitution. The practical significance of the article consists in the possibility of applying the results of the study in the elaboration of industrial development programs and further research.https://wne.fa.ru/jour/article/view/183import substitutionindustrial policyforeign experiencepublic procurementoffset mechanisms
spellingShingle V. A. Baynov
Foreign Experience of Import Substitution Policy
Мир новой экономики
import substitution
industrial policy
foreign experience
public procurement
offset mechanisms
title Foreign Experience of Import Substitution Policy
title_full Foreign Experience of Import Substitution Policy
title_fullStr Foreign Experience of Import Substitution Policy
title_full_unstemmed Foreign Experience of Import Substitution Policy
title_short Foreign Experience of Import Substitution Policy
title_sort foreign experience of import substitution policy
topic import substitution
industrial policy
foreign experience
public procurement
offset mechanisms
url https://wne.fa.ru/jour/article/view/183
work_keys_str_mv AT vabaynov foreignexperienceofimportsubstitutionpolicy