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Federal Industrial Policy: Basic Models and Russian Practice

Author

Listed:
  • Simachev, Y.

    (National Research University Higher School of Economics, Moscow, Russia)

  • Kuzyk, M.

    (National Research University Higher School of Economics: Interdepartmental Analytical Center, Moscow, Russia)

  • Pogrebnyak, E.

    (Vnesheconombank, Moscow, Russia)

Abstract

The article typologies the Russian industrial policy of the 2000s, discusses major initiatives in this area, as well as changes in the state's approach to the industrial policy. The tendency of the state to implement vertical policy is noted; while horizontal mechanisms are often "verticalized" under the influence of traditional interest groups. The state actively initiates new support measures, especially in crises and at the same time seldom terminates some existing ineffective instruments. In the period under review, the state more often appealed to the policy of catching-up development. In modern conditions, the government is likely to make significant efforts to implement the policy of breakthrough development. For the success of such a policy, it will be necessary to move in time from supporting local achievements of individual companies to creating conditions for the fast spread of new technologies and promising business models. In turn, this requires a transition of state governance from a culture of project management to a culture of quality execution of routines.

Suggested Citation

  • Simachev, Y. & Kuzyk, M. & Pogrebnyak, E., 2018. "Federal Industrial Policy: Basic Models and Russian Practice," Journal of the New Economic Association, New Economic Association, vol. 39(3), pages 146-154.
    • Handle: RePEc:nea:journl:y:2018:i:39:p:146-154
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    References listed on IDEAS

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    Cited by:

    1. Fedyunina, A. & Simachev, Yu. & Kuzyk, M. & Averyanova, Yu., 2020. "Structural features of Russian economy integration into global value chains and lessons for structural policy," Journal of the New Economic Association, New Economic Association, vol. 47(3), pages 106-127.
    2. Olga Romanova & Alena Ponomareva, 2019. "Theoretical, Institutional and Ethical Basis for Implementing Modern Industrial Policy. Part I," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 13-28.
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    More about this item

    Keywords

    industrial policy; structural changes; state support; catching-up development; breakthrough development;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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