Microeconomics of Russian Import Substitution

Volchkova, Natalya; Turdyeva, Natalia

doi:10.31737/2221-2264-2016-32-4-6

Cited by 13 publications

(6 citation statements)

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“…As shown by the analysis, the opinion of Volchkova on the weak involvement of the Russian economy in the global economy (Volchkova and Turdyeva, 2016) is mistaken twice: first, Russia is deeply involved in GVACs, although this nature of this involvement leaves much to be desired in terms of its raw materials and, second, there is no doubt that the "too visible hand of politics" in recent years has begun to exert a decisive influence on economic policy, ignoring the interests of business. The analysis of Russia's participation in GVAC on the basis of the value-added approach on the whole confirms the results obtained in the study by Smorodinskaya and Katukov (2017).…”

Section: Discussionmentioning

confidence: 88%

“…Nevertheless, the processes of industrial modernization of the countries with a transitional economy the Russian Federation, are not sufficiently studied from the position of participation in global value-added chains. Volchkova and Turdyeva (2016) believe that Russia is weakly involved in the international division of labor and global value-added chains, while deep integration into the world economy would help avoid sanctions because interests of business always outstrip the politics. Smorodinskaya and Katukov (2017) hold a different opinion on Russia's involvement in GVACs.…”

Section: Literature Reviewmentioning

confidence: 99%

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Russian Industry in Global Value-Added Chains

Chernova¹,

Golodova²,

Degtereva³

et al. 2018

ERSJ

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The paper analyzes Russia's participation in global value-added chains in the context of global trends in their development and the challenges facing the Russian economy in modernizing its industry. The analysis is based on the OECD's TiVA indicators. The results indicate that the extent of Russia's involvement in GVACs is very significant, but the nature of this participation is purely raw. The specificity of the participation of the Russian Federation in the international fragmentation of production within GVACs is that most of the links in value chains are bottom-up. Russia is extremely limited in using imported flows to create export products with high added value. The study confirms that in the international division of labor, Russia retains a historically established specialization, with predominance in the export of mineral and agricultural raw materials, which determines the current profile of Russia's participation in global valueadded chains.

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Section: Discussionmentioning

confidence: 88%

Section: Literature Reviewmentioning

confidence: 99%

Russian Industry in Global Value-Added Chains

Chernova¹,

Golodova²,

Degtereva³

et al. 2018

ERSJ

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“…Many studies are devoted to the effectiveness of import substitution policies (Austin, 2010), (Bochko, 2015). (Bruton & Henry, 1989), (Kysil, Kolodka & Rosokhata, 2014), (Volchkova & Turdyeva, 2016), (Niyazbekova, Baigireyeva, Niyazbekova, Borisova & Ivanova 2019), (Lambert & Burduroglu, 2002), (Drexl & Kimms, 1997), (Mula, Peidro, Diaz-Madronero & Vicens, 2010), (Ozguven, Ozbakir & Yavuz, 2010), (Rodrigues, 2010), (Abenov, Kirdasinova, Tulaganov, Zhumataeva, Mutalyievа & Issayeva, 2019), (Bravo, Álvarez, 2012). (Beregova & Klipin, 2017),…”

Section: Literature Reviewmentioning

confidence: 99%

Kazakhstan meat industry analysis: import substitution, delivery and statistics

Anar¹,

Yessymkhanova²,

Issayeva³

et al. 2020

JESI

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Effective management of food safety and product quality issues is critical for maintaining and enhancing the competitiveness of livestock production. Food safety and quality standards are now and will become increasingly important for the competitiveness of livestock products. For most producers and processors of livestock products, as well as for most livestock products, domestic demand remains the main, if not the only, driving mechanism for market improvements in food safety and quality. Better imports entering the market already indicate the need to raise standards, at least to maintain domestic market share, as well as to achieve import substitution or appeal to export markets. International experience shows that the implementation of quality standards should be stimulated by the private sector, but not by the government. However, the government plays an important role in improving the skills of veterinarians and providing advisory services to help livestock producers and processors meet the ISO (International Organization of Standardization) and the CCPHA (Critical Control Point of hazard analysis) standards. In other to create conditions for the prosperity of the livestock industry, the government needs to pay more attention to the following two key areas: reducing market costs and prudent management of food safety and quality of livestock products. With the transition to more dispersed cattle breeding, the cost of re-establishing links between scattered and small livestock producers and consumers, local or foreign, has increased. But such costs can be reduced. To ensure food safety, meet consumer requirements and increase the ability to compete with imports, domestic producers need to strengthen their capacity to achieve higher standards of safety and quality. Attention should be paid to such instruments of the import substitution strategy as an active industrial policy, trade protection and export promotion. The purpose of this study is to analyze the meat industry of Kazakhstan, to present the problems that the industry is facing at the present stage and direct their solutions and the tasks of the state in this mechanism. The

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“…A number of researchers have expressed the position against import substitution and protectionism policy (Volchkova and Turdyieva, 2016). Volchkova believes that deep integration into the world economy would help to avoid penalties because the business interests of the private sector are always ahead of politics.…”

Section: Problem Statementmentioning

confidence: 99%

“…According to Volchkova, Russia had not and has no reason to pursue a policy of import substitution and the failure of this policy is weal for the country's economy. According to her calculations, in the case of successful implementation of the policy of import substitution, only certain industries would benefit with the slowdown in the economy as a whole (Volchkova and Turdyieva, 2016).…”

Section: Problem Statementmentioning

confidence: 99%

Adaptation of Market Strategies of TNCs in Russia

Kheyfets¹,

Chernova²

2018

ERSJ

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The policy of import substitution carried out in Russia objectively affected the interests of leading transnational corporations (TNCs) operating in the Russian markets. The restriction of imports of intermediate goods and the fall in the purchasing power of Russian consumers have formed for TNCs both new problems and new opportunities. The analysis of the integration of TNCs in the Russian policy of import substitution is carried out in the article; their role in the development of industries and agriculture is revealed. It is revealed that the strategies of TNCs are characterized by great flexibility, which allowed them to reduce the negative impact of sanctions and geopolitical tensions. TNCs widely use the strategy of acquisition of popular Russian brands. The weakening ruble and the cheapening of labor costs became additional decision-making factors for the localization of production and selection of local suppliers of intermediate goods, investing in modernization of production facilities, the establishment of added value chains with the involvement of national producers that contributed to the successful embedding of TNCs in the policy of import substitution.

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Microeconomics of Russian Import Substitution

Cited by 13 publications

References 0 publications

Russian Industry in Global Value-Added Chains

Russian Industry in Global Value-Added Chains

Kazakhstan meat industry analysis: import substitution, delivery and statistics

Adaptation of Market Strategies of TNCs in Russia

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