WORLD EXPERIENCE OF IMPORT SUBSTITUTION AND REINDUSTRIALIZATION AND RUSSIA`S ECONOMIC SECURITY POLICY
The purpose of the article is to assess the world experience of import substitution and reindustriali-zation policies in the economies of different countries in terms of development. The importance of applying this experience in the process of import substitution and the unfolding reindustrialization in Russia is outlined. The author analyzes the prerequisites and causes of import substitution and reindustrialization in the world economy. The study of the world experience of import substitution and reindustrialization of the economy, its macro-regional features is carried out in the context of maintaining and developing Russia`s economic security. The author`s understanding of the problems and prospects of the development of import substitution and reindustrialization processes in the world is proposed. The positive and negative aspects of the policy pursued by a number of countries are noted. It is proposed to continue improving the policy of import substitution and reindustrialization carried out by Russia, taking into account the author`s developments.
Keywords: import substitution policy, reindustrialization of the economy, economic security of Russia.
Highlights:
♦ the author analyzes the prerequisites and causes of import substitution and reindustrialization in the world economy;
♦ the problems and prospects of the development of import substitution and reindustrialization processes in the world are identified;
♦ the author`s understanding of the positive and negative aspects of the policy pursued by a number of countries is given.
Vladimir A. Noskov, Doctor of Economics, Professor.; Alexandra S. Ilyina, Graduate student. - Samara State University of Economics.