Main directions of the implementation of import substitution strategy in the industry of the Samara region
Year: 2023
Type: article
Abstract: The economic war, the conduct of a special military operation in Ukraine, the aggravation of the negative geopolitical situation and total sanctions against Russia are currently the reasons for the preservation and development of state sovereignty, the organization and improvement of state policy in the field of import substitution. In addition to this, a complete ban on the supply of high-tech imported products, the withdrawal of foreign enterprises from the Russian market, created an unstable economic situation in the domestic markets of the country, in terms of substitution of imported products, the reorientation of the domestic economy to the markets of China and Southeast Asia. Under these conditions, under the influence of unfavorable large-scale factors from unfriendly countries, the role of the state in organizing the import substitution strategy in the industrial sector of Russia is expressed imperatively and represents the main factor guaranteeing the growth and development of national security of the economy. Assessing the scale of the negative consequences of sanctions and economic war, Russia has formed a new economic model for the functioning and development of domestic industry, based on an import substitution strategy and a state program to preserve sovereignty and replace imported analogues of products with domestic ones. The article reflects the main directions of the implementation of the import substitution strategy in the industrial complex of the Samara region, reveals the role of import substitution in the development of the internal market of the region and increasing, on this basis, the economic security of the Russian economy as a whole. A form of import substitution is proposed as a structural transformation of the industrial complex of the Samara region, consisting in diversification, activation of its innovative potential for the formation of competitive manufacturing enterprises and innovative development of the real sector of the regional economy. The necessity of implementing the state industrial policy of diversification aimed at increasing the production of domestic products on the basis of existing industrial enterprises is substantiated. The issues of production of domestic products and their testing on domestic markets are presented, the directions of ensuring the independence of the state from imported products and priority areas of import substitution policy are proposed.
Institution: Samara National Research University
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4376639743