The role of industrial production localization in the import substitution policy
Автор: Kotlyarova Svetlana Nikolaevna, Lavrikova Yuliya Georgievna, Averina Lidiya Mikhailovna
Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en
Рубрика: Branch-wise economy
Статья в выпуске: 5 (53) т.10, 2017 года.
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The article is devoted to defining the role of localization of industrial production in the implementation of the import substitution policy. The methodological framework of the research consists of the system approach, methods of structural, object, functional, and statistical analysis, as well as the method of expert estimations. The article reviews the concept of “import substitution” and “localization”; it is concluded that the implementation of the import substitution policy is inextricably linked with the localization. It provides examples of successful localization policy in individual industries (automotive, pharmaceutical and railway engineering), proves its effectiveness in creating high-tech industries for industrial output. The mechanism of localization in the railway engineering sector, whose competitiveness is currently provided largely by imported technology, is discussed in the case of locomotive engineering and rolling stock manufacturing for high-speed operation...
Import substitution, localization, regional policy, economic modernization, industrial production, technological development
Короткий адрес: https://sciup.org/147223973
IDR: 147223973 | DOI: 10.15838/esc.2017.5.53.8
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