The political economy of import substitution and Russian practice-Reference-Cited by-同舟云学术

The political economy of import substitution and Russian practice

Published:2024-08-05 Issue:2 Volume:10 Page:136-147
ISSN:2414-4649
Container-title:International Trade and Trade Policy
language:
Short-container-title:International Trade and Trade Policy

Author:

Melanyina M. V.¹

Affiliation:

1. Peoples' Friendship University of Russia named after Patrice Lumumba

Abstract

The article analyzes the processes of import substitution in the high–tech segment of the economy of the Russian Federation - in the IT sphere. The purpose of the article is to explore the modern features of the Russian IT market of new trends. It is shown that import substitution can play an important role in stabilizing and balancing the market, which is confirmed by research by serious authors, including domestic ones, and the existing practice in the world – both developed and developing countries. The article shows that one of the directions of sanctions imposed by Western "partners" against the Russian Federation was the desire to undermine the domestic IT sector. For this purpose, in 2014–2023, almost all significant foreign actors left our country. However, the domestic IT market has shown growth 2 times higher than the global figure. This was facilitated by the general economic growth in the Russian Federation, the growth of state support for the industry, significant investments by domestic enterprises in the IT sector, as well as the need to ensure national technological sovereignty and general economic security. The author comes to the conclusion that the IT market in Russia has not only been preserved, but has also been further developed both in quantitative and qualitative parameters, which confirms, firstly, its resilience, and secondly, the presence in our country of technical, financial, qualification, scientific, innovative as well as infrastructural opportunities for its development. The policy and practice of import substitution played a crucial role in this.

Publisher

Plekhanov Russian University of Economics (PRUE)

Reference20 articles.

1. Aydrus I. A. Z., Ivanov A. L. Ekonomicheskie sanktsii i importozameshchenie v prodovolstvennom sektore Rossii [Economic Sanctions and Import Substitution in the Food Sector of Russia]. Innovatsionnaya ekonomika [Innovative Economics], 2017, No. 2 (11). (In Russ.).

2. Bolee 20 tys. produktov zaregistrirovali v reestre otechestvennogo PO [More than 20 Thousand Products Have Been Registered in the Register of Domestic Software]. (In Russ.). Available at: https://www.gosnadzor.ru/news/67/6828/

3. Glinskaya M. V. Razvitie novykh energeticheskikh tekhnologiy v ramkakh mezhdunarodnogo sotrudnichestva Rossii s perspektivnymi stranami-partnerami [Development of New Energy Technologies in the Framework of International Cooperation Between Russia and Promising Partner Countries]. Investitsii i tsifrovye innovatsii, sbornik materialov Mezhdunarodnogo foruma [Investments and Digital Innovations, Collection of Materials of the International Forum], edited by I. A. Aydrus. Moscow, 2019, pp. 14–31. (In Russ.).

4. Glinskaya M. V., Polezhaev M. A. Osobennosti upravleniya vneshneekonomicheskoy deyatelnostyu kompaniy Rossii v usloviyakh ekonomicheskoy turbulentnosti [Features of Management of Foreign Economic Activity of Russian Companies in Conditions of Economic Turbulence]. Ekonomika i upravlenie: problemy, resheniya [Economics and Management: Problems, Solutions], 2023, Vol. 3, No. 1 (133), pp. 86–92. (In Russ.).

5. Golovchanskaya M. A., Khokhlova Yu. V., Shaporov O. O., Denisenko O. E. Vliyanie politiki importozameshcheniya na ekonomicheskuyu bezopasnost RF [The Influence of Import Substitution Policy on the Economic Security of the Russian Federation]. Morskaya strategiya i politika Rossii v kontekste obespecheniya natsionalnoy bezopasnosti i ustoychivogo razvitiya v KHKHI veke, sbornik nauchnykh trudov [Maritime Strategy and Policy of Russia in the Context of Ensuring National Security and Sustainable Development in the XXI Century, Collection of Scientific Papers], Vol. 4 (25). Sevastopol, CHVVMU imeni P. S. Nakhimova, 2020, pp. 124–127. (In Russ.).