Studies on Russian Economic Development

, Volume 23, Issue 4, pp 340–349 | Cite as

Russia’s production potential: Need for accelerated renovation and prospects

  • A. K. Kornev
Industries and Interindustry Complexes


The article grounds the need to develop a purpose-oriented program for Russia’s development in the postcrisis period on the basis of formation of import-substituting and “updating” investments. As a way of overcoming the structural imbalance in the economy and lagging manufacturing industries, in the prospective period, we suggest to create vertically integrated intersectoral corporations similar in structure to multi-national corporations. The possibilities of realizing the potential of investment machinery for the formation of “updating” investments are considered.


Active Part RUSSIAN Economic Development Domestic Economy Extractive Industry Auxiliary Equipment 
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Copyright information

© Pleiades Publishing, Ltd. 2012

Authors and Affiliations

  • A. K. Kornev
    • 1
  1. 1.Institute of Economic ForecastingRussian Academy of SciencesMoscowRussia

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