Mechanism of Export Oriented Import Substitution Management at a Regional Level

P. 60–70.

Bakumenko O., Malyshev D. P., Makhotaeva M.Yu., Nikolaev M. A.

Currently, the problem of import substitution is a priority for federal and regional policies. Under the 
conditions of sanctions and the food embargo of Russia, most of the subjects of the Russian Federation 
found themselves in an ambiguous situation. On the one hand, there were problems with the provision of 
domestic production with imported raw materials, as well as the population with food, and on the other 
hand, new opportunities for development opened up for the regions. In this regard, the Government of the 
Russian Federation has taken a number of measures to support domestic import substitution. However, 
the experience of a number of foreign countries of the world has shown that the orientation towards 
domestic import substitution leads to a limitation of the country's development opportunities in the world 
market and is a step towards the export orientation of the national economy, but not an end in itself. At 
the same time, there are problems of inconsistency and duplication of measures within the framework of 
import substitution and export support policies. In addition, it is not easy to reach the goals and objectives 
of such policies set at the federal level, especially when it comes to peripheral regions with a small 
territorial system and limited resources for development. In our opinion, this contradiction can be 
resolved through the implementation of an export-oriented import substitution policy, which is based on a 
combination of tools for supporting import substitution and export activities.

Keywords: экспорт и импорт, export activity, региональная экономика и региональная политика, import substitution, экспортная политика, Development of regional economy

In book

The European Proceedings of Social & Behavioural Sciences EpSBS: MTSDT 2019

Vol. LXXVII. Issue 8. , Future Academy, 2019.