BASIC TRENDS OF IMPORT SUBSTITUTION IN THE PHARMACEUTICAL MARKET OF THE RUSSIAN FEDERATION
The article represents the factors affecting the implementation of the import substitution policy in the pharmaceutical market of the Russian Federation. Based on analysis of market conditions the authors conclude that Russia totally depends on imported medicines. The article illustrates the state incentive mechanism and support for import substitution in the pharmaceutical industry, including the administrative measures and economic content.
Keywords: import substitution, pharmaceutical market, pharmaceutical industry.
Alexander V. Evstratov, Candidate of Economics, Associate Professor; Galina A. Ryabova, a Master`s Degree student. - Volgograd State Technical University.