Work

Economic Development Based on Improving the Quality of Growth

Year: 2023
Type: article
Abstract: The article analyzes the main problems faced by countries moving along the post-industrial development model. The key contradictions between economic growth and development are considered. It is stated that in some cases economic growth is not accompanied by development, but it is extremely difficult to ensure development in the absence of economic growth. The qualitative and quantitative components of economic growth in the Russian economy of the last decade are analyzed. It is shown that economic growth in 2011–2020. In Russia, it will be determined mainly by the involvement of primary resources in production, and not by increasing the efficiency of their use. It is noted that one of the key directions of the development of the Russian economy should be the complication of its structure based on the expansion of demand for goods and services of high-tech sectors and the development of industrial cooperation. The requirements are formulated for a new model of economic development that ensures balanced development of the real sector and the service sector, as well as employment of the population, contributing to a more even distribution of income of the population.
Author: A.A. Shirov
Language: English
Subfield: Development
Open Access status: bronze
OpenAlex ID: W4390118532
FWCI: 0.62
Cites: 11
Cited by: 1
Related to: 10