Import-Substitution as a Factor of Developing Sustainable Economy

Volatile economic and political situation in the world makes us search for new ways and methods of sustainable development of economy. The article deals with one of these methods and an acute challenge, i. e. importsubstitution. The author analyzes the need to develop import-substitution as a way to...

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Main Author: N. A. Arushanova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2023-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/1738
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author N. A. Arushanova
author_facet N. A. Arushanova
author_sort N. A. Arushanova
collection DOAJ
description Volatile economic and political situation in the world makes us search for new ways and methods of sustainable development of economy. The article deals with one of these methods and an acute challenge, i. e. importsubstitution. The author analyzes the need to develop import-substitution as a way to overcome stagnation in order to retain and grow our economy potential and to provide an opportunity for Russian enterprise products to enter the international market. Apart from that, import-substitution is a key factor of raising security of our economy and its sustainable development in volatile conditions of foreign-economic environment. The article describes measures of support in respect of agriculture adopted by the Government of the Russian Federation after introduction of first sanctions in March 2014. Positive and adverse aspects of import-substitution policy in the sphere of foods were discussed and statistics on it was provided. On the basis of the research the author shows results of the importsubstitution process.
format Article
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institution Kabale University
issn 2413-2829
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language Russian
publishDate 2023-09-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-3719a67a21d34bb0829ed6fc13b525ff2025-08-20T03:59:12ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512023-09-0120515115710.21686/2413-2829-2023-151-1571147Import-Substitution as a Factor of Developing Sustainable EconomyN. A. Arushanova0Plekhanov Russian University of EconomicsVolatile economic and political situation in the world makes us search for new ways and methods of sustainable development of economy. The article deals with one of these methods and an acute challenge, i. e. importsubstitution. The author analyzes the need to develop import-substitution as a way to overcome stagnation in order to retain and grow our economy potential and to provide an opportunity for Russian enterprise products to enter the international market. Apart from that, import-substitution is a key factor of raising security of our economy and its sustainable development in volatile conditions of foreign-economic environment. The article describes measures of support in respect of agriculture adopted by the Government of the Russian Federation after introduction of first sanctions in March 2014. Positive and adverse aspects of import-substitution policy in the sphere of foods were discussed and statistics on it was provided. On the basis of the research the author shows results of the importsubstitution process.https://vest.rea.ru/jour/article/view/1738innovationsustainable developmenteconomyfoods
spellingShingle N. A. Arushanova
Import-Substitution as a Factor of Developing Sustainable Economy
Вестник Российского экономического университета имени Г. В. Плеханова
innovation
sustainable development
economy
foods
title Import-Substitution as a Factor of Developing Sustainable Economy
title_full Import-Substitution as a Factor of Developing Sustainable Economy
title_fullStr Import-Substitution as a Factor of Developing Sustainable Economy
title_full_unstemmed Import-Substitution as a Factor of Developing Sustainable Economy
title_short Import-Substitution as a Factor of Developing Sustainable Economy
title_sort import substitution as a factor of developing sustainable economy
topic innovation
sustainable development
economy
foods
url https://vest.rea.ru/jour/article/view/1738
work_keys_str_mv AT naarushanova importsubstitutionasafactorofdevelopingsustainableeconomy