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Goals and means of Russia’s economic development under the sixth technological wave

Author

Listed:
  • Yury B. Klyuev

    (Ural Federal University named after the first President of Russia Boris N. Yeltsin)

Abstract

Recent statistics indicate that Russia’s economic growth is slowing down, thus there is a need to change the current model of economic development to the one based on the distinct shift to? wards the sixth technological wave. The paper researches the interrelations between the principal “stand? ard” goals of the country (improvement of the living standards and maintenance of the national security) and main means of the national development (innovations, investments, production competitiveness, competitive environment, development of science and education) in terms of both compound direct and reverse links and the strength of the mutual influence. Methodologically the research is based on the sys? tem analysis and modeling of the mutual influence of big heterogeneous systems. The methods include a goal tree, logical analysis, expert analysis of pair interrelations, and graph theory methods. As a result, the author identifies the most significant means requiring greater attention while managing the country’s development, highlights the necessity to ensure faster rates of changing them, and determines the order of managing actions that target these or those means. Given the revealed closed cycles of impacts, there is a possibility of mutual strengthening of the effects produced by the means. The suggested method can be applied at the preliminary stages of the national economic development strategies’ development.

Suggested Citation

  • Yury B. Klyuev, 2018. "Goals and means of Russia’s economic development under the sixth technological wave," Journal of New Economy, Ural State University of Economics, vol. 19(6), pages 33-50, December.
    • Handle: RePEc:url:izvest:v:19:y:2018:i:6:p:33-50
    DOI: 10.29141/2073-1019-2018-19-6-3
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    References listed on IDEAS

    as
    1. A. Kudrin & E. Gurvich., 2014. "A New Growth Model for the Russian Economy," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
    2. P. Kadochnikov & A. Knobel & S. Sinelnikov-Murylev., 2016. "Openness of the Russian economy as a source of economic growth," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
    3. Alexander Apokin & Dmitry Belousov & Vladimir Salnikov & Igor Frolov, 2015. "Long-term Socioeconomic Challenges for Russia and Demand for New Technology," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 9(4), pages 6-17.
    4. Kudrin, Alexey & Gurvich, Evsey, 2015. "A new growth model for the Russian economy1," Russian Journal of Economics, Elsevier, vol. 1(1), pages 30-54.
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    More about this item

    Keywords

    national economic model; sixth technological wave; goals; innovation; investment; competitive environment; science; education..;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration
    • F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions

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