economic security | Институт экономических стратегий

Methodological Approaches to Effective Implementation of Strategic Import Substitution Programs

#7. Foresight Boom
Methodological Approaches to Effective Implementation of Strategic Import Substitution Programs

The relevance of the study is based on the need to minimize the damage caused by the sanctions imposed on the country’s economy and to provide the economic growth of economic entities in this context. The purpose of the article is to develop a set of theoretical and methodological approaches to efficient implementation of import substitution programs in the radio electronic industry in the long run. Leading methods in studying this problem were the methods of factors analysis, organizational modeling, system analysis, innovation theory and enterprise economics, which allowed to reveal key contradictions of state policy in the sphere of import substitution in the radio electronic industry. As a result of the study, the original system of criteria was developed, as well as the fundamental management model taking into account the domestic economy’s ability to implement systematic management of competitive import substitution. Materials of the article can be useful for developing new and improving existing methods of regulating relations that arise between entities carrying out activities in the sphere of import substitution, as well as between organizations that are part of the infrastructure supporting the above activity, and public authorities when forming and implementing the corresponding industrial policy.

They Beat Us — We are Flying

#3. Attraction of Diversity
They Beat Us — We are Flying

As evidenced by the economic theory, as well as by practical experience in our country and abroad, the key condition for overcoming the stagflation decline of the Russian economy is rapid and significant increase in investments by 30-50%. According to the RAS Institute of Economic Forecasting, the level of 5% annual increase in GDP can be achieved with an increase in the accumulation rate up to the target value set by the President of the Russian Federation at 27% of GDP by 2018. To catch up with the growth rate of the Chinese economy and to ensure the average growth rates, declared by the head of state, above the world average, the accumulation rate should be increased up to 35%. To this end, the annual growth of investments in fixed assets should be not less than 20%. The existing production facilities, occupied by half in engineering and construction, allow this. At the same time, economic growth will be achieved through increasing efficiency of the primary resources use as a result of introducing new technologies, increasing the level of primary commodities processing, advanced growth of mechanical engineering and due to production of a new technological order. The latter, provided its dynamic upgrading on an advanced technological basis, includes aircraft construction, as well as a complex of industries and technologies working for the aircraft industry. Thus, development and introducing into production of aircraft necessary for the domestic market and the markets of third countries, provide a significant synergistic effect both for the aviation industry itself and for a wide range of subcontractors. Focusing the state attention on the advanced development of the aircraft industry as a locomotive for the growth of a new technological structure retransmits the development impulse to the whole economy, will allow to achieve target goals both of increasing investment in promising areas, and in loading productive capacities, as well as providing employment through creation of new High-tech jobs. If it were not for the sabotage of the middle-level management in the aviation industry, the latter would have long ago become a point of growth. But, as A thoughtful analysis shows, such state of affairs simply does not suit many people.

Effective Risk Management Strategy as a Basis for Economic Security of a Bank

#3. Attraction of Diversity
Effective Risk Management Strategy as a Basis for Economic Security of a Bank

This article discusses development of a strategy for banking risks management, aimed at ensuring the economic security of a bank in the current economic conditions. Banks influence functioning of large enterprises, whose successful operation provides the country’s economic security.

Assessment of the Global Risks Impact as a Tool for Devising the Economic Strategy of Russia: Indicative Approach

#8. Hunting for Scientists
Assessment of the Global Risks Impact as a Tool for Devising the Economic Strategy of Russia: Indicative Approach

In Russia it is usual during strategic planning process not to study enough and not to take into account the impact of global processes and risks on the Russian economy and the level of its economic security. The article provides a solution of this problem based on an integrated approach to studying the global risks impact. The authors have improved the technique of the World Economic Forum (WEF) for global risks quantitative assessment and have proposed the methodology of assessing the global risks impact on the Russian economy. On the basis of data from the “WEF report on global risks — 2014” the authors demonstrate the method’s application for obtaining estimates characterizing the degree of the global risks impact on the Russian economy and the level of its economic security. In conclusion, materials on the indicative assessment of the global risks impact on the Russian economy according to the 2015 data are presented.