Open AccessImport substitution in the industrial sector: analysis and facts
Author(s) -
С. В. Новиков,
V. V. Lastochkina,
A. D. Solodova
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/537/4/042056
Subject(s) - substitution (logic) , sanctions , production (economics) , international trade , russian economy , industrial production , politics , business , economics , economic system , political science , macroeconomics , computer science , law , programming language
Sanctions policy against Russia is one of the most pressing political and economic issues since 2014. This format of international relations, of course, created a number of problems, but also allowed to make a breakthrough in the domestic industrial sector. Import substitution has become the main vector of movement of almost all sectors of the Russian economy. Currently, there are more than 1,100 import substitution projects in Russia in critical industries, 342 of which have reached the stage of serial production, and more than 760 are still “at the final stage” of implementation.