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Technology Modernization Opportunities in the Russian Economy

Author

Listed:
  • N. I. Komkov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • T. Kh. Usmanova

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • V. V. Sutyagin

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

Opportunities for socio-economic development are discussed, taking into account the contribution to GDP from the various sectors of the economy. It is noted that a high share of GDP comes from the mining sector of the economy while the contribution of the manufacturing sector remains relatively small. Constraints that limit the growth of processing industries, including the insufficient use of this sector’s potential are discussed. Conditions and constraints that hinder coordinated development of the various sectors, and ways to overcome these limitations are outlined.

Suggested Citation

  • N. I. Komkov & T. Kh. Usmanova & V. V. Sutyagin, 2021. "Technology Modernization Opportunities in the Russian Economy," Studies on Russian Economic Development, Springer, vol. 32(6), pages 648-655, November.
  • Handle: RePEc:spr:sorede:v:32:y:2021:i:6:d:10.1134_s1075700721060083
    DOI: 10.1134/S1075700721060083
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    References listed on IDEAS

    as
    1. N. I. Komkov & A. A. Lazarev & V. S. Romantsov & V. V. Sutyagin, 2020. "State and Perspectives of Development of Domestic Industrial Companies," Studies on Russian Economic Development, Springer, vol. 31(2), pages 212-222, March.
    2. A. A. Blokhin, 2019. "Institutional Rent in a Multilevel Economy," Studies on Russian Economic Development, Springer, vol. 30(4), pages 376-383, July.
    3. N. I. Komkov, 2019. "Analysis and Assessment of the Prospects for the Implementation of the Scientific and Technological Development Strategy of Russia," Studies on Russian Economic Development, Springer, vol. 30(5), pages 530-539, September.
    4. A. N. Dmitrievskii & N. I. Komkov & M. V. Krotova & V. S. Romantsov, 2016. "Strategic alternatives of import substitution of power equipment for the oil-and-gas sector," Studies on Russian Economic Development, Springer, vol. 27(1), pages 21-33, January.
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