Monitoring Economic Situation of the Engineering Industry in Russia

DOI: 10.33917/es-3.201.2025.122-127

Research object of the present scientific article is the most significant, technologically advanced branch of industry, remaining within the framework of the Ministry of Industry and Trade of Russia, namely mechanical engineering. The purpose of this article is to analyze systematically the problem of providing impor t substitution, technological renewal and sustainable functioning of the most important industry, as well as to determine the main directions of its fur ther development in order to achieve technological sovereignty of the country in the context of a hybrid sanctions war declared by the United States and unfriendly countries. As a result of a comprehensive analysis, the authors deal with strategic problems and prospects for the development of mechanical engineering as a trend in the development of the industry and economy of the Russian Federation as a whole.

References:

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Beyond Geopolitical Uncertainty. Issues of Strategic Planning and Structural Policy

DOI: 10.33917/es-5.191.2023.64-71

Current literature propagates the firmly established opinion that sanctions impact will cause a partial degradation of produced and human capital. These losses can be compensated through the structural policy measures and formation of growth drivers.

Since the literature doesn’t provide a single definition of a growth driver, the author puts forward his own version. To implement a successful structural policy, it is necessary to correct the existing mechanism of strategic management, mainly in the field of state programs and national projects management. The development areas of mechanical engineering, IT industry and tourism are considered as growth drivers, since the mentioned areas have the greatest multiplier effect. The author concludes that tourism is the most promising area.

References:

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