Development of a Strategy of Import Substitution

Irina Ershova, Aleksei Ershov

Procedia Economics and Finance · 2016 · 15 citations · 0 references

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Abstract

The paper studies the problem of developing a strategy of import substitution. The dynamics of the gross domestic product and export-import operations has been investigated. From our data we have concluded that it is necessary to use advanced production technologies in the industry of Russia. A general conclusion has been made concerning the system classifying alternative strategies of import substitution. This paper was carried out within the state scientific task No 26.2671.2014/K “Theoretical and methodological basis for the development and implementation of a cluster-based policy at the regional level and scientific and methodological foundations of the tools of the structural benchmarks of the regional social and economic system”.