Industrial Policy of the North-West Federal District: Implementation Challenges
https://doi.org/10.35854/1998-1627-2019-12-35-40
Abstract
Aim. The study aims to develop recommendations for overcoming the challenges of industrial policy implementation in the NWFD.
Tasks. The authors identify problems in the implementation of industrial policy and formulate proposals for overcoming them.
Methods. This study uses the methods of structural analysis of the economy, deductive generalization, and management system analysis.
Results. Analysis of the industrial development potential in the NWFD shows the need for a general industrial policy within the district. The perspective directions of industrial policy are determined based on the competitive advantages, economic specialization, and objective limitations of the NWFD regions. Problems that hinder successful implementation of industrial policy in the examined federal district are identified.
Conclusions. The main obstacle for industrial policy implementation in the NWFD is the lack of an economic management system in the macroregion. Industrial policy cannot be realized solely under the influence of market processes or through uncoordinated regional efforts. For it to evolve from an abstract, ephemeral entity and become real, there has to be a corresponding system of strategic management.
About the Authors
S. V. Kuznetsov
Institute of Problems of Regional Economy, Russian Academy of Sciences (RAS)
Russian Federation
Russian Federation
Sergey V. Kuznetsov
Serpukhovskaya St. 38, St. Petersburg, 190013
Yu. V. Yakishin
Institute of Problems of Regional Economy, Russian Academy of Sciences (RAS)
Russian Federation
Russian Federation
Yuriy V. Yakishin
Serpukhovskaya St. 38, St. Petersburg, 190013
References
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Review
For citations:
Kuznetsov S.V., Yakishin Yu.V. Industrial Policy of the North-West Federal District: Implementation Challenges. Economics and Management. 2019;(12):35-40. (In Russ.) https://doi.org/10.35854/1998-1627-2019-12-35-40
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