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      Modernising Russia's National Economic System: The Potential for Reindustrialisation

      research-article

      World Review of Political Economy

      Pluto Journals

      reindustrialisation, productivity of labour, modernisation

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            Abstract

            The author analyses the problem of reindustrialisation as the basis for the modernisation Russia's national economic system. The main goal of reindustrialisation has to be restoring the role and place of industry as the basic component of the country's economy. In Russia, the “invisible hand of the market” cannot by itself ensure the necessary structural shifts in the material and technical basis of the economy; so to supplement the self-regulation of the market, our country needs both stimulation of business and limitations on it, consciously imposed by the state. Thus, selective state regulation is indispensable in Russia, and the main objective is to identify key areas for development.

            Content

            Author and article information

            Journal
            10.13169
            worlrevipoliecon
            World Review of Political Economy
            Pluto Journals
            2042891X
            20428928
            Summer 2017
            : 8
            : 2
            : 221-234
            Article
            worlrevipoliecon.8.2.0221
            10.13169/worlrevipoliecon.8.2.0221
            b3125e16-7ee7-4374-9049-af8c30fd819a
            © 2017 World Association for Political Economy

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            Categories
            Articles

            Political economics

            reindustrialisation, productivity of labour, modernisation

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