New Industrial Conditions of Sustainable Development of Mineral Resource Dependent Russian Economy in High Volatility Conditions

Autor: Skryl Tatiana, Shavina Evgeniya, Dotsenko Elena
Jazyk: English<br />French
Rok vydání: 2019
Předmět:
Zdroj: E3S Web of Conferences, Vol 105, p 04049 (2019)
Druh dokumentu: article
ISSN: 2267-1242
DOI: 10.1051/e3sconf/201910504049
Popis: The conditions for the transition to sustainable development and new industrial transformation for resource-dependent countries are closely linked. With the increasing volatility of the world market of raw materials and finance, the innovative modernization of the extractive industries, as the basis of the new industrialization of the economy, is experiencing significant difficulties. The article analyzes the problems of transition of the resource-dependent Russian economy to sustainable development, associated with the slowdown of the process of new industrialization in the context of the world market volatility. The authors assessed the new industrialization of the Russian economy following the 5-year period of sanctions imposed by Western countries. The article provides a theoretical review of the concept of the influence of sanctions on transition to sustainable development. The authors concluded that the mineral resources export-oriented strategy of the Russian economy still gives positive results, although the internal structure of the Russian economy has not changed significantly.
Databáze: Directory of Open Access Journals