TOOLS NECESSARY TO DEVELOP INDUSTRIAL POLICY OF RUSSIA AT THE CURRENT STAGE OF ECONOMY TRANSFORMATION

Abstract

In conditions of repeated crisis cycles in world economy Russia often finds itself in crisis situations, which characterizes its poor finance stability in front of different fluctuations of the environment. It testifies to incompleteness of its industrial and economic structure. In this connection sustainability of home economy development requires the system approach based on the whole set of mechanisms, tools and efficient interaction and interconnection among all spheres of economic policy. The effective federal law dated 31 December 2014 N 488-FZ ‘About Industrial Policy in the Russian Federation’ is not fully oriented on these tasks’ implementation. To a certain extent it can be stated that industrial policy oriented on strengthening industrial and technological basis of the country as a key factor of providing efficiency of industry branches should be considered as the mentioned-above system set of tools. The authors propose ways to establishing such industrial policy in Russia.

Keywords

• industrial policy and its priorities
• system economic theory
• crisis situation technology transfer
• innovation infrastructure
• small and medium business
• competitiveness