Ensuring financial stability of mechanical engineering in the context of sectoral and technological sanctions
Year: 2024
Type: article
Abstract: The article discusses the indicators of the activities of the enterprises of the mechanical engineering industry of the Russian Federation that are significant in the context of ensuring the financial stability of its enterprises. An assessment of the dynamics of changes in these indicators allowed the authors to conclude that the financial and economic state of this industry has been consistently deteriorating in recent years. An analysis of the industry structure of mechanical engineering in the Russian Federation in 2023 showed that a significant share of the products manufactured here remains dependent on imported components and technologies. This circumstance, according to the authors, indicates the need to focus the attention of the state policy aimed at ensuring the financial stability of the domestic mechanical engineering cluster on solving the problems of import substitution, and also that such a policy itself should be based on measures that can ensure the development and implementation of solutions in the field of ensuring the financial security of individual enterprises of the industry cluster, and built on the same principles.
Source: The Economy under Guard
Authors: Lyudmila Ivanova, Vladimir Motorov
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405571286