Sustainable Import Substitution in Russia: Institutional Conditions and Efficiency Imperatives

Abstract

The article is devoted to the essence and relevance of import substitution as an effective strategy of Russian economy's development within the sanctions' constraint of Western countries. Authors scoped out the institutional features of sustainable import substitution as an object of the study. Authors highlighted the set of objective factors verifying the economic viability of import substitution and potential threats of these measures as well. Authors arranged the evaluation and analytical tools for studying the dependence on imports' level in the context of certain industries, goods, and spheres of activity. Moreover, authors clarified the pattern for estimating the need for import substitution in a certain business entity, suggested the institutional conditions and determinants facilitating the best performance of import substitution in Russia. Special attention is given to the viability of choosing the appropriate model, developing tools, and mechanisms for implementing a comprehensive program of import substitution in Russia in the context of a multi-level policy including the following ones: enterpriseindustry (cluster)country's economy. As a result, authors concluded that the policy of preemptive emerging markets-oriented import substitution aimed at improving the global economic security of Russian economy is crucial for a sustainable balanced development.

The Impact of International Economic Sanctions on Industrial Output of the Russian Federation

“…Another reason for a positive assessment of the impact of sanctions is the import substitution policy pursued by the Russian government (Novikov et al 2019;Cherkesova et al 2018). Some Russian researchers believe that "In general, we can talk about positive trends and an effective mechanism for the implementation of the import substitution strategy in Russia" (Novikov et al 2019).…”

Features of import substitution in the agro-industrial complex of the Rostov region

“…First of all, in our opinion, it is advisable to develop a new targeted regional program that will be aimed at supporting import substitution [8], creating all the necessary conditions to prevent the region's industry from depending on imports of goods and components. It is necessary to choose the most promising projects that will meet all the necessary requirements, in particular the prospects of production and innovation [9]. It is also important that these projects create jobs.…”

Evaluation and Ways to Increase the Digital Literacy Level of Scientific and Pedagogical Workers in the Conditions of Digital Transformation of the Economy of the Russian Federation

“…1) информации (контента); 2) компьютерных технологий4 3) медиа; 4) коммуникаций№ 5) инноваций [4]. По каждому из пяти измерений цифровой грамотности преподавателям предлагалось шесть суждений (три верных и три неверных), итого 6•5 = 30 суждений (15 пар).…”