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Rethinking Russian Digital Economy Development Under Sunctions

Author

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  • N. A. Ganichev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • O. B. Koshovets

    (Institute of Economic Forecasting, Russian Academy of Sciences
    Institute of Economics, Russian Academy of Sciences)

Abstract

In the new conditions of large-scale sanctions pressure, the role of the digital sector in the Russian economy requires rethinking and a broad scientific discussion. The purpose of this article is to open such a discussion and, in particular, to describe as accurately as possible the starting conditions in which the domestic digital sector has approached a fundamentally new stage in its development, as well as to assess the possibilities of implementing the priority measures already taken by the Government of the Russian Federation to its adaptation to new challenges. To do this, we propose an extended statistical reconstruction of the main economic indicators of the ICT sector, which makes it possible to identify its key imbalances and problems, as well as a simplified model for calculating the development potential of the sector until 2030, which makes it possible to assess the prospects for implementation and the balance of parameters of the programs for the development of the complex adopted by the Government of the Russian Federation. The article also touches upon the issue of current global trends in the development of digital technologies, which will continue to influence the Russian economy.

Suggested Citation

  • N. A. Ganichev & O. B. Koshovets, 2022. "Rethinking Russian Digital Economy Development Under Sunctions," Studies on Russian Economic Development, Springer, vol. 33(6), pages 645-655, December.
    • Handle: RePEc:spr:sorede:v:33:y:2022:i:6:d:10.1134_s1075700722060041
    DOI: 10.1134/S1075700722060041
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    References listed on IDEAS

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    1. N. A. Ganichev & O. B. Koshovets, 2021. "Forcing the Digital Economy: How will the Structure of Digital Markets Change as a Result of the COVID-19 Pandemic," Studies on Russian Economic Development, Springer, vol. 32(1), pages 11-22, January.
    2. I. E. Frolov, 2019. "Russian High-Technology Complex under Low Inflation and Government Support Limitation: The Condition, Capacity and Tendencies for Development," Studies on Russian Economic Development, Springer, vol. 30(4), pages 365-375, July.
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    Cited by:

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    2. Mikhail G. Kuzyk, Kira P. Sergeeva, 2024. "Robotization as a Factor of Russian Firms’ Adaptation to Non-Economic Shocks," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 23(2), pages 522-550.

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