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The Russian Military-Industrial Complex as a Factor of National Security and Sustainable Socio-Economic Development

Abstract

This study examines the role of the militaryindustrial complex (MIC) in creating opportunities for sustainable socio-economic development and national security of the Russian Federation. Tasks. This study characterizes the level and rate of economic growth in Russia, assesses the impact of the MIC on socio-economic development, economic growth, and attention to of national security problems. Furthermore, it identifies the channels of such impact and evaluates the prospects of government regulation of the activities of MIC enterprises. Methods. The study uses retrospective and comparative analysis, expert assessment, content and structural analysis to assess the impact of the Russian MIC on socio-economic development, to identify problems of economic growth in the country, to describe the system properties of the MIC as a factor of economic growth, and, based on the analysis of empirical data, to substantiate the need for improving government regulation of military production and support of military-technical cooperation between Russian and foreign countries. Results. It is established that economic growth in Russia is not sustainable, and the authors are conservative in their assessment of the mid-term prospects of socio-economic development. At the same time, the intensity and the number of challenges of national security is increasing. With this in view, it is necessary to take advantage of extensive growth factors, and to implement growth intensification only after the situation has stabilized. Comparative and retrospective analysis show that the MIC can be viewed as a factor of economic growth and national security, which makes it possible for national policy to focus resources on this sector with the purpose of increasing the rate of socio-economic development. Direct and indirect effects of the MIC on the national economy and national security are identified. Conditions for the balanced development of the MIC and the national economic complex as a whole are determined. Conclusion. The military-industrial complex can play a key role in stabilizing the Russian socio-economic system and facilitating its progressive development. This requires changes in government policy (particularly the industrial, innovative, and foreign economic policies) aimed at regulating its functioning. This should provide a comprehensive solution to the problems of economic growth and national security.

About the Authors

Vladimir A. Plotnikov
St. Petersburg State University оf Economics
Russian Federation


Andrey V. Kharlamov
St. Petersburg State University оf Economics
Russian Federation


References

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Review

For citations:


Plotnikov V.A., Kharlamov A.V. The Russian Military-Industrial Complex as a Factor of National Security and Sustainable Socio-Economic Development. Economics and Management. 2017;(11):53-60. (In Russ.)

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ISSN 1998-1627 (Print)