The Neoindustrialization of Russian Economy: Necessity and Possibility (Review of the Roundtable on Neoindustrialization of Russian Economy)

In: Moscow University Economics Bulletin, Volume 2016, Issue 2, p. 119-135

Abstract

The article presents an overview of the extended session of the round table devoted to the problem of neoindustrialization of Russian economy conducted by the Problem group «Reproduction and economic growth» (leader doctor of Economics, Professor V. N. Cherkovets) in conjunction with the Center for national economic model of Russia (leader doctor of Economics, Professor V. M. Kuljkov), Centre for economic performance and productive labour (leader doctor of Economics, Professor A. O. Verenikin) of the Department of political economy to Economic faculty of Moscow State University. The discussion was concentrated on the problem of neoindustrialization of the Russian economy, the creation of a system of automated machines, the new (technological) level of the productive forces. New and adequate technology forms of organization and forms of ownership were elaborated. Such changes indicate the transition to a new model (system) of economic development which essential features are a system of vertical integration, inter-industry interaction on the basis of vertically integrated chains of value added production, increasing the efficiency of the economy and its functionning in accordance with the principles of humanistic development.