Turn to new industrialization: the world economy and Russia

DOI

10.2991/ies-18.2019.5How to use a DOI?

Keywords

deindustrialization, financialization policy, industrial policy, new industrialization

Abstract

The article analyzes the reasons for deindustrialization of the economy, that took place in the developed capitalist countries and in Russia, emerging under the influence of a hypothesis of ousting the industrial production by the service industry and, in the first place, its financial segment. The unfavourable consequences of the deindustrialization are identified; the need for reversal of the economic policy is substantiated; the major directions of realizing the new industrialization are outlined. The importance of reindustrialization is emphasized through the conceptual prism of realization of the course for development of a new technological revolution. The characteristic features of the new industrialization policy in the present-day Russian economy are revealed, with an objective to overcome its rent-specific and recourse-based nature.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Viktor Ryazanov
PY  - 2019/11
DA  - 2019/11
TI  - Turn to new industrialization: the world economy and Russia
BT  - Proceedings of the Third International Economic Symposium (IES 2018)
PB  - Atlantis Press
SP  - 473
EP  - 481
SN  - 2352-5428
UR  - https://doi.org/10.2991/ies-18.2019.5
DO  - 10.2991/ies-18.2019.5
ID  - Ryazanov2019/11
ER  -