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On the Influence of the Industrialization Genesis on Modern Strategy of Industrial Policy in Russia: History and Economic Analisys

On the Influence of the Industrialization Genesis on Modern Strategy of Industrial Policy in Russia: History and Economic Analisys

Journal of Economic Regulation, , Vol. 8 (no. 1),

The authors examine the industrialization process in Russia for more than a hundred years, the duration and quality parameters associated with its institutional features. The authors also focus on the relevance of the chosen theme because of the formation of new industrial policy institutions. The hypothesis of the study is based on identifying a set of basis factors of building effective institutions: system, decentralization mechanism, clustering, given a set of groups of interests of subjects of industrial policy implementation. Institutions of new industrial policy implementation in contemporary Russia are focused on achieving multifaceted tasks on a temporary basis, the level of implementation, the degree of relevance, therefore, the conclusion regarding the effective implementation of the strategy of economic development of modern Russia, which should include the following institutions: government programs, effective transparent public procurement, institutional design through the creation of specialized, diversified institutions of industrial-innovative development. Named structural elements must be systematically subordinated to the interests of macro-, meso- and micro levels of economic system. Special importance must have experience of building the institutional system of the new industrial policy, which gives effective results on the social-economic development.


Keywords: industrialization; industrial production; import substitution policy; industrial clusters; industrial parks and institute of technology parks; industrial policy.

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