Вестник Северо-Кавказского федерального университета (May 2022)

THE IMPACT OF EXTERNAL ECONOMIC COMPONENT ON THE DEVELOPMENT OF INDUSTRY IN RUSSIAN ECONOMY

  • Alexander Krasnikov

Journal volume & issue
Vol. 0, no. 2
pp. 71 – 76

Abstract

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Nowadays the need of advanced technology industrialization is getting in a great demand within the conditions of financial, economic, political sphere across the world. Our country was broken down from the international credit resources due to the sanctions, but artificial limits were set up in the sphere of modern technologies. Moreover, the most important factor that can influence on the process of re-industrialization in our country is that foreign economic activity: the branch peculiarities of export and import, the foreign investment amounts and the opportunity of financial service of foreign trade in particular. The paper presents the approaches to optimize the foreign economic component in the development of national industry, analyzes the problem of re-industrialization of domestic economic activity and the development of export-oriented production. The article outlines and argues the measures aimed at further development of industry referring to the inancing of innovative projects. The paper shows the national demand in an advanced technology industrialization development and production of goods with high added value by focusing on foreign economic cooperation with the developing countries.

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