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At the current stage of Russia’s social and economic development the issue of systemic modernization is relevant for several reasons: the collapse of single economy after the Soviet Union disintegration caused the severance of economic relations and entities' shutdown, commodity dependence of Russian economy in continued capital scarcity inside the country and credit and financial institutions’ system insufficient development, the high natural resource intensity of Russian economy, and continuing degradation of values and norms, spiritual dimensions of nation’s social development violation. Analysis of main economic indicators characterizing domestic economy’s level of development and structure for past two decades confirms the assumptions about the reasons of immediacy of domestic economy’s systemic modernization problem. The intensity of further growth will depend upon the effectiveness of measures taken to eliminate barriers to structural changes in economy, to restructure inefficient companies and industries, to enhance the mobility in the labour market, and to create an effective institutional environment conducive to the development of entrepreneurial initiative. The challenges of public system modernization are broader than the aspects of economic modernization, since it involves the social and environmental development components. Ivan Yanzul’s four principles show complexity, difficulty, and long-term nature of challenges facing Russian society. These principles could be applied to solve public modernization issues.

Strategic Orientations for Systemic Modernization of the Russian Federation’s Social Development