ANTI-CRISIS MANAGEMENT OF THE RUSSIA'S REGIONAL INDUSTRIAL PRODUCTION UNDER THE CONDITIONS OF SANCTIONS

Objectives The aim of the study is to identify the development directions for industrial production in the regions of the Russian Federation under the conditions of ongoing sanction pressure.Methods Systemic and situational approaches, as well as the modelling of economic processes and phenomena, ar...

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Bibliographic Details
Main Author: M. S. Oborin
Format: Article
Language:Russian
Published: Dagestan State Technical University 2018-12-01
Series:Вестник Дагестанского государственного технического университета: Технические науки
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Online Access:https://vestnik.dgtu.ru/jour/article/view/555
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Summary:Objectives The aim of the study is to identify the development directions for industrial production in the regions of the Russian Federation under the conditions of ongoing sanction pressure.Methods Systemic and situational approaches, as well as the modelling of economic processes and phenomena, are used as research methods. The graphic images method is used in order to visualise the analytical data and the results.Results The development features of industrial production in the country's regions are examined; in particular, those of the Volga Federal District and the Perm Krai. Generally positive trends associated with production volumes – as well as a slight decrease in prices and production volumes in metallurgy caused by sanctions and unfavourable external market conditions – are revealed. Due to increased demand for certain types of products,Metallurgical production in Russia is developing in different directions;however, as a consequence of restrictions imposed on some of them, there is a need to develop compensatory mechanisms based on state regulation of pricing and salespolicies. Despite the sanctions, export of the products of the industry under review is increasing;nevertheless, the stability of exporting enterprises is affected by volatility in world prices. The relevance of state complex support measures is substantiated; these consist in the formation of an anti-crisis management mechanism based on approaches that have been proven in industries experiencing problems of the world market situation.Conclusion Taking into account the performed analysis, an anti-crisis management mechanism in the metallurgical sector, which can be adapted to the regional and branch features of operating industrial enterprises, was proposed.
ISSN:2073-6185
2542-095X