Reach Us +44-175-271-2024
All submissions of the EM system will be redirected to Online Manuscript Submission System. Authors are requested to submit articles directly to Online Manuscript Submission System of respective journal.

Research Article Open Access

MODERNIZATION OF MANAGEMENT OF THE REGIONAL ECONOMY AS AN INSTRUMENT FOR SOLVING TASKS RELATED TO IMPORT SUBSTITUTION

Abstract

This article presents the authors' approach to the search for and the justification of the ways of effective organization of import substitution in the regional context, taking into account the changed international economic situation, the crisis, sanctions and anti-sanctions. Based on the official statistical data, the authors demonstrated a high degree of dependence of a number of subjects of the Russian Federation on the supply of goods from abroad, especially machinery and equipment, as well as consumer goods, especially foodstuffs. It has been concluded that the most import-dependent regions that are depressed as well, for example, the Kaliningrad region (since 2010 the index of actual volume of the gross regional product at constant prices keeps falling, productivity is decreasing, the degree of depreciation of fixed assets is increasing and investment dynamics in fixed assets is negative), cannot solve the problem of import substitution without taking non-standard, high-risk measures to stimulate economic development. The article highlights the role of national import substitution policy adopted at the meeting of the State Council of the Russian Federation on September 18, 2014, one of the ways of realization of which is the rejection of "the ineffective traditional management that has not changed for decades", which, in fact, sets the task of finding ways and forms of its modernization before the scientific community. The authors propose measures for the development of management systems in the implementation of the import substitution policy in the regions by increasing their rights and economic freedoms, and especially the right to establish a favorable tax regime for the enterprises working on import substitution; the right for the regions to include the entire income tax and part of the tax on the extraction of minerals in their budget, etc.

BEZPALOV VV, LOCHAN SA, SOROKINA N YU

To read the full article Download Full Article | Visit Full Article

Copyright © 2024 Research and Reviews, All Rights Reserved

www.jffactory.net