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

Abstract

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.

Keywords

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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